Feedback Message Board

ER is same for reserved and General category. So don't see any better AR. Only if the price surpass 81 level and many decide to exit instead of tendering in buyback, a better AR can take place. Did not pay attention to close details of the offer was a blunder.

ER is only 1.5% for retail , so disheartening. Got email for 29 out of 1779. So now we need wait the election to get over before we can exit above 100 from this script.

Never involved in rights issue and I am not sure how it works. As a investor what all I have to do? I have 2k+1k shares in two accounts.
1) When the issue opens then we can bid for entitled quantity via ASBA, right. Can we bid for more quantity and chance to get that?
2) Is the price fixed during bid or it has some cind of cut off like in OFS?
3) Read that shares will be credited automatically in demat which either to be sold or used for application. This I find complex.
While I am studying, any experienced senior please explain in simple terms of can with example.

1 - Yes you can apply any quantity irrespective of your current holding (Must hold 1 Main share or RE)
2 - fixed prices same as IPO
3 - share will get credit in account and you can share as simple as you do for any other of your holding in Demat account

1 share strategy worked for me for both accounts. Hope everyone applied with 1 share category got it accepted.

1 share strategy not worked. Got 0 entitlement email . What is ER ? 6-13 March tender date. Hope it has good AR ratio. Since I have only 1 share I will sell in open market.

Entitlement Ratio is 7/27. That's why you got that email
But, AR will be different from ER
You gonna find out only after tendering the shares

Thanks for the positive inputs friends. I thought that if no entitlement then I cannot submit. Still have both shares in account and shal submit.

Bought 1 share in each account. Such gen company must be in portfolio doubled last year. May buy more if goes below 6900.

Fantastic AR of 42% for Retail. Buyback looks charming again. Only if I had bought up to 2 Lakh to reap the great tax free profit. 420 ot of 1000 accepted and fastest buyback in my memory😄🙏

Zerodha showing today as last date to BID . Forgotten if in past buyback I had to submit one day before to broker.

ER is only 6.1% for retail

Only if available at 700 approx. then can consider.

@Kdb,
Thank you for your kind feedback. We are glad to help.

@KAMMA SIVA RAMA KRISHNA,
Thank you for your kind words.

8 Share debited from account but money not credited to account till date what to do?

Balrampur Chini buyback decision on 9th November board meeting expected

@Admin please add Balrampur Chini open buyback @360. My buy price itself is 365😣

Birlasoft is making new lows every session. Buyback at 500 was to mislead? Many fund houses posted target of 400+ and it is moving to 250😣😣😣

Happy to see stable CMP of QH. Win win for all buyback participants.

I have tendered in Zerodha few days back but still shares not debited. In case of MOIL it was debit very fast post tendering. Zerodha showing order received. IS same case with other users?

ColdBurger ji,
When you tender the shares, they will be blocked in the first instance. At the time of finalising the acceptance, all the tendered shares will be debited and then the unaccepted shares will be credited back to the Dmat account normally in a day or two.

ER is just 8% Hope AR is better and above 40%. Due to market conditions tough to guess. I exited @173 and think it was good decision in such turbulent times.

Total retail quota is 8547820, individual bids 56099189 shares. assuming 40% of individual investors are retail, AR comes to around 38%.. let's see how will the final AR ..

Amit Sir,
Thank you very much for your update regarding the bids submitted by individual investors and your assessment of the AR in respect of the Retail Category.

I need help in understanding how to participate in open market buyback. Do i need to place daily sell order @875? I had good qty of UPL but now only 16 left looking to exit these now.

You can only sell in the market. The Company can at any time up to October 2022 buy its shares at ceiling price of Rs 875.

Company will try to buy at lower cost ..right? They will not buy for fixed price of 875/-. Setting GTT on Zerodha for 875 shall work I guess.

Relived to see AP above 25%. It was quite worrying due to market condition and high tender volume. Missed @KSRK sir a lot during TCS buyback.. Went by his suggestion for MOIL and submitted all in TCS. Hope TCS will touch 4K figure soon. See the TATA ELEXI how it is on fire in this market condition. Missed great opportunity today, flat 10% gain in 2 hour was on card.

Is there still hope for price appreciation before 23rd? I think no as one must buy on17th so they can tender on 23rd.

Seems AR will be not more than 25%. I thought BSE will have less bids but saw something startling. BSE itself have more than 200% bidding. Option to sell in open market must be considered.

BSE Total Bids: 8,68,97,818
https://www.bseindia.com/markets/publicIssues/BSEBidDetailsACQall.html?Scripcode=5687

NSE Total Bids: 1,25,31,030
https://www.nseindia.com/market-data/tender-issue-information?symbol=TCS&type=Active

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