RailTel Corporation of India Limited IPO Message Board (Page 44)

Tcs buyback ex date 26 Nov. One should have 66 shares in his account.. AR may be 100%...

Thank u so much Amit ji ????

Why a retail investor should have 66 shares in his account? Not less than that or more, say 64 or 68 etc? Please explain for the benefit of forum members like me. Thank you in advance

Sorry retai investor should have maximum 66 shares in his demat account . So number of shares should be less than or equal to 66 shares per retail account.

66 shares is arrived as Tcs buy back price per share is rs 3000 rs, so maximum amount a retail can have is rs 1,98,000 =66 shares..

Retail investor’s investment should not exceed Rs.200000/-. TCS buyback price is Rs.3000/-. 200000/3000=66.66666. Hence, retail investors should not have more than 66 shares to get the maximum benefit in this regard as on record date. I think it is clear now to jajo like new investors.

@amit K singh
Thank you so much for explaining the maximum limit for retail investors to get 100% acceptance in TCS by back

@Amit Singh , on what basis are you saying acceptance ratio will be 100%....Do not expect it to be more than 50% this time. Don't go by past data, look at the current offer size, it is very small.

@Display , TCS earlier buyback was in year 2017 and 2018. Both time size of buyback was Rs 16,000 crore. Both time AR was 100%.

This time also buyback size is Rs 16000 crore. So expecting similar AR.

AmitKsingh, this time promoters may also participate in buyback. So don't expect 100% buyback. If promoters clearly announce that they will not participate then 100% expected.

NAND Kishore, theoretically your argument looks fine. But in actual scenario,
1. there is 15% quota for retail,
2. small investors having more than 66 shares will not be eligi6under retail quota
3. Many retails may not opt for buy back due to laziness, awareness, lack of knowledge on buy back process
4. Some are longterm investors, few are too much attached/love to TCS shares, will not tender their shares in buyback

So my view AR will be good, even otherwise TCS is a long term and ever green portfolio stock. So one can purchase below 2700 before 25th Nov to take advantage of buyback as ex is 26th Nov and record date is 28th Nov.

Amit Sir,

Is it worth to purchase TCS shares on Monday and participate in buyback???
My concern is I cant block fund for long time...
Please guide..

We are looking for timeline of getting the buyback money in our account by 3rd week of Jan'21. Profit for of around 10%.

If fund issues then we can plan for less amount say 30k,50K ..., instead of 2lakhs.. as it's easy and risk-free money.

Hello amit sir , is it beneficial if i buy shares on 23/11 of tcs ...will it be a win win situation for me?

nikal yaha se fir
glti se apply krbhi mtlena

I guess Bad mouthig doesn't help in Learn n Grow together ????

Saahhiii baat h
pr apply mtkrlena chahe kuch bhi hojaye...

Many so new kids r on road...they will keep barking ..ignore them
Nidhike pls dont involve in such thing..these guys dont know you...

You are eligible in retail category. 1740 × average rate of 13 th November should not be more than 2lacs.

Wipro buy back:
Cmp rs 347,
Buy back price rs 400, ex date 10 dec,
A retail investor should have less than or equal to 500 shares,
AR may be 50% to 100%,
Last 2 buy back AR was 50%, 100%

I fail to understand. High PE is not beneficial to an investor. So, why are you saying it doesn't deserve PE more than 10 . Thanks

Burger King is not approved yet by sebi.

Sir Ankur Goelji (m=22210)

Burger King India received SEBI approval on 24th January 2020

Burger king refiled drhp last month. So approval pending.