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Total retail quota in buy back 17 lamha shares.

Share present held by retail investors approach 2 Crore.

So only 2.5% share of retail share holders acceptance.

Very poor chances of acceptance

@ganesh and @Mohsin

Is it 7 crore shares under 2 lakh market value or face value? If it is market value according to company PDF only 10 noninstitutional investors have more than 2 lakhs, which is absurd for a 37K crore company. I think it should be FV, right?

If you look at TCS shareholding pattern on BSE only 7 people have more than 2 lakhs. Has to be FV, because 2 lakhs se zyada TCSme to Dadar Station me hi 100-150 log mil jayenge. :D

Experts please help! Is there a way to approximately know how many people hold less than 2 lakh market value in a stock?

No one knows how much shares are in retail category holders. Because company gives list of share holders valuing as per face value. Only registrar knows. Ex buy back date is 1st June, so new share holders will be added till then