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@lokes I have 3 demat account and 1.8 lakh amount left with me ...how many shares should I buy form each account ...thanks

@Have faith - what lokes ji suggest is quite correct. 1.8 lac from 1 account or 0.6lac each from 3 account is same. Managing 3 account is headache.
But there is one more trick you can try. In this big buybacks(where share price value is large), its generally seen that 1 share tendered is generally accepted for mostly.
So u can do following:
Account 1 - Buy 1 share - Tender 1 share
Account 2 - Buy 1 share - Tender 1 share
Account 3 - Buy shares with remaining amount(around 46) - Tender all share

This trick will have you 1 extra share accepted. If for simplicity we assume AR is 50%. Then you acceptance will be 1+1+23=25 shares

If you buy all 48 shares in 1 account, then your acceptance will be 24 shares

Lets assume average buying rate is 3700. So u will have 4500-3700=800rs extra. Small increase in profit, but profit is profit. Market taught me this, however small profit is, go for it if you can.

Please note, "its generally seen" that single shares gets accepted mostly. But this is not rule. Possibility is it might not accept as well. In that case this trick will fail.

@duck thanks for this explanation ...

Is anyone using SMC ace app as this app does not provide buy back option ?