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9 Comments

9. Adesh jain   I Like It. 1|Report Abuse|  Link|March 20, 2024 6:30:10 AMReply
I just checked and in all my 4 accounts one share each has been bought back. Which means full buyback for 1 share.
And I applied on the last or second last day of buyback closure.
So pls do not misguided on the firstncome first served basis.
It is never done.
Check what.went wrong. Maybe the buyback applications were not tendered for those who applied towards closing dates.
8. Adesh jain   I Like It. 1|Report Abuse|  Link|September 27, 2023 2:48:42 PMReply
Yes, I have also checked with my broker. In retail acceptance is 100%
7. Adesh jain   I Like It. |Report Abuse|  Link|September 12, 2023 8:48:11 PMReply
Retail 68 shares should be eligible. 2900*68 is also less than 2 laca
7.1. KAMMA SIVA RAMA KRISHNA   I Like It. 1|Report Abuse|  Link|September 12, 2023 10:34:24 PM
2944.10 (the closing price on the Record Date at the stock exchange where the No of transactions are comparatively more than the other exchanges)x 68= Rs.200198.80 i.e., more than Rs. 200000/-. Hope that it’s clear.
6. Adesh jain   I Like It. |Report Abuse|  Link|September 8, 2023 11:31:34 AMReply
L&T price is nearing the buyback price.
In these circumstances, if the company revised the buyback price ( as was done in case of BSE), does the record date changes or remains 12th sept, to determine eligibility.
The problem is that I hold 70 shares in each folio and will exceed 2 lac rs mkt value on record date. So should I seel some( 5 share in each folio) now just in case the company revised the price later.
Because otherwise there is no point in tendering these for buyback at 3000.
Pls advise.
6.4. Adesh jain   I Like It. |Report Abuse|  Link|September 12, 2023 6:27:10 AM
Did finally sell 2 shares in each folio to make it 68 shares per folio.
Might now buy more today so that post buyback my original holding remains intact.
6.5. vibhor saxena   I Like It. |Report Abuse|  Link|September 12, 2023 12:52:07 PM
buyback price has been revised to 3200
5. Adesh jain   I Like It. |Report Abuse|  Link|March 29, 2019 2:04:10 PMReply
Units can be sold today, even if they come to your demat account by tuesday 11am.
However they should hit our accounts by evening today
4. Adesh jain   I Like It. |Report Abuse|  Link|December 7, 2018 1:42:38 PMReply
Think allotment has been done and units will be in our demat accounts anytime today
4.1. Atma ram navetia   I Like It. |Report Abuse|  Link|December 10, 2018 12:14:39 PM
Cpse rtf ffo 3 registrar
3. Adesh jain   I Like It. |Report Abuse|  Link|November 28, 2018 4:01:19 PMReply
It is quoting abt 3300 per application of 2 lac rupees.
2. Adesh jain   I Like It. |Report Abuse|  Link|March 27, 2017 9:24:31 PMReply
Yes, full allotment to all who applied till 5000 units apparently.
I applied 4655 and got full. Recd email.
Also, interestingly, even though it is now clear that those who applied full 2 lac appl, got 5503 units, a tweet on reliance mf official account asking for allotment status, was replied stating that they can not confirm when allotment will be done.
How contradictory
2.1. Ankur Goell   I Like It. |Report Abuse|  Link|March 27, 2017 10:22:27 PM
I got full allotment in all three applications. I applied for 1L, 1L, 50K and got full allotment in all applications.
1. Adesh jain   I Like It. |Report Abuse|  Link|March 23, 2017 7:11:29 PMReply
The retail portion was subscribed 2 times.
And there was a clause that those who applied for 5000 units will be given priority in getting units should issue be oversubscribed.
It is just like the min lot in an ipo getting first priority on oversubscription.
So if majority of ppl applied full 2 lac quota of retail, then i think those who applied 5000 units or abt 1.3 lac per application, may get almost same as those who applied 2 lac application, or say about one lac each