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6 Comments

6. Nilaykumar   I Like It. |Report Abuse|  Link|Apr 12, 2022 5:02:33 PMReply
Every person who thought to open acc. with kotak securities, don't do this at all.
I trapped in because of free brokerage on all segments for only 500 rs a year

But only after 1.5 months of use , they charged me 10,000 rs extra charges , penalties and hidden charges without asking me.

They cut from your balance without knowing you.

And application is super bad. They always show wrong price for every options

Your fund will show 50lac or in some crore falsely and if you use it , you will be charged thousands of penalty so beware.

And their customers support doesn't know anything, if you call them they don't know about why charges cutted and you couldn't do anything except crying.

This is the worst mistake of my life and I didn't know about other free brokers like finvasia they are free but I haven't tried yet so going to open account their.

and now I come to know about this and I'm closing my kotak account and also filling case in sebi and nse for charges.

Please please please Don't fall in trap. They are demons and rob your fund without knowing you.
5. Nilaykumar   I Like It. |Report Abuse|  Link|Mar 28, 2022 11:46:12 PMReply
We should atleast mail to tcs investor mail we got

"investor.relations@tcs.com"

For not accepting our share as per declared acceptance ratio.

For 45 shares , 26% would be 11.7 means atleast 11 should be accepted but only 10 is accepted.

For 50 shares , 26% would be exact 13 but only 12 is accepted.

Why they reduced our acceptance shares unfairly!!!

We should raise compliant.
they done whatever they want and nobody could stop them. that's unfair.
5.3. Nilaykumar   I Like It. |Report Abuse|  Link|Mar 29, 2022 11:04:27 AM
But why AR is not same for every investor???
Some are getting 26% and some are getting 20% , that's the huge difference and it's purely unfair.
5.4. sdz   I Like It. |Report Abuse|  Link|Mar 29, 2022 12:47:29 PM
Read the steps carefully bro. ER is simple ratio common for all, while AR is specific to each category who tendered 1, 2, 3 etc
4. Nilaykumar   I Like It. |Report Abuse|  Link|Mar 21, 2022 3:20:02 PMReply
Can sell the shares even after applying for buyback?

Zerodha saying do not sell share after applied

but is it okay to sell if I'm getting good price?
4.5. Cyberdude   I Like It. |Report Abuse|  Link|Mar 24, 2022 1:28:55 PM
For me in Zerodha i can not my see my shares once the buyback order is placed, so we can not sell the applied shares.
4.6. PKRAJ   I Like It. |Report Abuse|  Link|Mar 24, 2022 8:06:04 PM
@Avenue
You are right. When the shares are blocked by Depository, it is not at all possible to sell the shares as they are not available to sell. Till the time the Broker doesn't execute our order for buyback, one can sell. Once the message of blocking of shares received, they are not with us to sell.
3. Nilaykumar   I Like It. |Report Abuse|  Link|Feb 21, 2022 4:01:40 PMReply
TCS is very far from 4500 right now (3720) which is approx 800 rs.

Anybody remeber , What was the previous buyback scenerios?
as I didn't know because I'm participating for first time.

And what would be expected in current scenerio?

Many are spreading panick newsq so experts please advise ,

Would AR be less than 50% ?
And
TCS will fall to 3500-3300 level?
2. Nilaykumar   I Like It. |Report Abuse|  Link|Feb 12, 2022 2:08:52 PMReply
Yes , zerodha is chor , they showing them as discount but looting by charges.

They also charges 2 times dp for 2 sell of same company share on same day.

Any good broker who doesn't loot like this.
1. Nilaykumar   I Like It. |Report Abuse|  Link|Jan 28, 2022 11:13:05 AMReply
Hi
Can anyone explain what if I buy more than 2 lakh value share?
Buyback is valid or not?
AR would be less for more than 2 lakh value?
1.1. lokes   I Like It. 2|Report Abuse|  Link|Jan 28, 2022 3:03:32 PM
you will be eligible for buyback with any number of shares and you can tender any no. of shares. Below 2 lakh value shares (as per record date price), will come under retail category and rest above 2 lakh will come under general category. In Retail category, more % shares will be accepted in buyback in comparison to general category so yes acceptance ratio will be lesser in general category.
1.2. Nilaykumar   I Like It. 1|Report Abuse|  Link|Jan 28, 2022 3:25:29 PM
@lokes thank you brother for such a clear explanation.👍😄