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1 Comments

1. ARJUN'SEYE

| Link|January 16, 2022 8:50:05 AMReply

100% AR is very difficult in general category.I think general category will be less than 80%.

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1.1. lokes

| Link|January 16, 2022 8:06:18 PM

the lesser AR they have, the better the chances (AR) retailers have...

1.2. drskbajaj

| Link|January 18, 2022 2:06:48 PM

would be close to 100% in gen category because promoters are not participating and their shareholding is about 67% of total.Many of the Foreign investors also may not participate because of hassles involved.
however personally I feel the company has bright future being a zero debt company and promoters holding almost 75% post buyback.

1.3. Barbarik

| Link|January 20, 2022 6:26:41 PM

Your assumption is right for general catogory...

1.4. amit K singh

| Link|January 21, 2022 9:36:27 AM

good guess Arjun..

1.5. AvinashUppalapati

| Link|January 21, 2022 3:09:18 PM

Its around 80.6% for general and 52% in Retail category

1.6. Ou Ai

| Link|January 22, 2022 6:20:52 AM

One learning from Nucleus Software buy back is that buying below 2 lakhs always in anticipation of higher AR is not entirely true. Here, AR is 81% in general category (those holding above 2 lakhs) and 51% in retail with below 2 lakhs. AR in general category depends on whether promoters offer their shares. Times when promoters like to increase their stake by not tendering their shares in buy back is indicative of their confidence in the company and future growth.

As investors to seek higher benefits some times, we have to buy less than 2 lakhs and at times above it based on promoters intent to tender.

1.7. lokes

| Link|January 23, 2022 7:06:51 PM

@Ou Ai: it was already known to most people before record date due to promoter non participation and total shares available and buyback size etc. We (me/KSRK sir and others) have already discussed this in this forum also in comments.

1.8. Kishen

| Link|January 26, 2022 8:23:57 AM

Has anyone got the money for the accepted shares? When will we get it?

1.9. Ou Ai

| Link|January 27, 2022 10:31:03 AM

@lokesh
Thanks. Missed noting that thread about promoters non participation. Else, would have opted for general category. Anyways, is this information available in before record date like now Tata's in TCS? Is it mentioned in postal ballot? How about Ajanta and MPS?

1.10. lokes

| Link|January 27, 2022 7:04:10 PM

@OU Ai: yes in TCS promoters are participating. News comes after buyback announcement. yes it will be known before record date. Normally in IT companies it comes to know in news or via postal ballot results, am not sure about ajanta/MPS etc , don't track much. I am not participating in MPS , ajanta i am having but no idea about promoter etc.