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Buddy what's the source of this data, it seems incorrect.

What is the source of information of This???

https://www.bseindia.com/markets/publicIssues/ACQDisp.aspx?id=532540&type=OTB&idtype=1&status=L&IPONo=5687&startdt=09/03/2022

https://www.nseindia.com/market-data/tender-issue-information?symbol=TCS&type=Active

If all individual investor applies all their entitlement shares, the total shares applied by the category is meaningless. Individual investors less than 2 lakhs value are holding 13.32 crore shares. They are eligible for 60 lakhs shares. Entitlement ratio comes around 4.5 percent. I think the same is applicable to general category.

60L shares is reservation for the small shareholders. All individuals are not small shareholders, so the calculation of the acceptance ratio of 25% is not correct.

Teja.. there is another category called Non institutional investors which includes 1)corporates and 2) others. This NII category is less than 10lk shares, so others sub-category is confusing if it is individuals with more than 2lk worth shares or something else.

Point to be noted of @Teja

BSE Bid qty doesn't include share tendered by institution i.e MF & FII ?

So far individuals have submitted 76,72,440 shares. So approx 28% extra shares already submitted and 3 days still to go. One thing to notice that inn individual many share holder will come under general category as well. Still hope 40% + AR.

@cold…that’s only NSE num. BSE individual investors crossed 2.1cr shares

@sdz: As i informed multiple times before also in other buyback forums, this individual category is not only those holding shares below 2 lakhs. It contains above 2 lakh holding investors also.
So everyone please remember this for future.

Thanks Lokes…This is my first buyback forum page 😀 and still was able to do most of the BB scenario analysis on my own 😉

There are total 21.10 Lakh retail shareholders holding total of 4.10 Cr shares as on record date. This is as per Letter of Offer. So, all individual shareholders figure given in this conversation is not retailer. Retailers can be maximum 21 Lakhs only. As of now all retailers would not have applied. Hence, I can assume that around 20% of 76 Lakhs (i.e not more than 15 Lakhs) figure given in this post will be retailer.

@Pramod…total individual investors is 3cr shares tendered in both exchanges and not 76lk as it is just in NSE

ok @sdz, thanks for correcting me. But of individual investors, there would be a significant portion of HNIs. Even if we assume 50%, then also it is big number. But last 3 days more applications will go. Lets keep the fingers crossed.

BSE is only listing total numbers. How can we find retail or individual numbers? More than 1 crore difference.

Also why the values are different on two pages?
[1]https://www.bseindia.com/markets/publicIssues/ACQDisp.aspx?id=532540&type=OTB&idtype=1&status=L&IPONo=5687&startdt=09/03/2022
Total => 99428848

[2]https://www.bseindia.com/markets/publicIssues/BSEBidDetailsACQall.html?Scripcode=5687

Total => 8,68,97,818