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RoK's Comments

18 Comments

18. RoK

| Link|September 19, 2024 1:14:17 PMReply

BoFA Securities gives it a target of ₹770

Morgan Stanley gives a target of ₹818
Source: CNBC TV18

17. RoK

| Link|July 2, 2024 4:20:58 PMReply

Retail ER: 8.93% or 5 out of every 56 shares

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17.1. Jasmin RABADIYA

| Link|July 2, 2024 10:49:04 PM

I got mail i have 78 share and only 6 shares are accepted what should I do I already sold 16 shre and hold 18 share if I tender 18 how many share approximately accepted?

17.2. RoK

| Link|July 3, 2024 10:25:32 PM

Since your entitlement is 6 shares, they will definitely accept 6 shares. The additional shares that will be accepted depends on acceptance ratio (AR). Also it is on proportionate basis, that is, the more you tender more will be accepted.
If AR=18% and if you tender 78 shares then 7 more will be accepted. If you tender 18 then only 1 more will be accepted.

17.3. Jasmin RABADIYA

| Link|July 3, 2024 10:44:48 PM

I already sold 60 share i said that I have 18 share and if AR=15% THEN IT WILL ACCEPT 15% OF 78 SHARE wich will be 11.7 so they ACCEPT 12 share am I right???

17.4. RoK

| Link|July 4, 2024 1:04:31 AM

For AR =15% it will be 6 + 0

That 78 shares matters only for calculating your entitlement. 78 × 8.93% = 6 shares.

Now you are tendering only 18 shares, so they will accept the above mentioned 6 shares (entitled shares) + some% of the additional shares that you are going to tender.

additional shares = 18 - 6 = 12

So 6 + some% of 12

this some% is not AR or ER

17.5. Jasmin RABADIYA

| Link|July 4, 2024 6:26:34 AM

Thank you for information

17.6. Jasmin RABADIYA

| Link|July 15, 2024 4:37:40 PM

My 8 shares are accepted from 78 share why some people say ar is 25%

17.7. Basuvr

| Link|July 15, 2024 8:19:57 PM

@Jasmine : Did you got acceptance mail today?
If yes, how many shares did you hold in your account on record date ?

17.8. Jasmin RABADIYA

| Link|July 15, 2024 8:47:26 PM

I held 78 share on record date..

17.9. RoK

| Link|July 15, 2024 10:23:38 PM

@Jasmin, you mentioned earlier that you tendered only 18 shares. AR = shares accepted ÷ shares tendered = 8 ÷ 18 = 44.44%

17.10. Jasmin RABADIYA

| Link|July 15, 2024 10:45:25 PM

@Rok, Rok bro may be Ar ratio calculated by share hold on demat account on record date so I have 78 share on record date so if I see this way then 8÷78=10.25 shares accepted and if you said ar calculated on tendered share them If I tender 78 share then my 35 share accept?

17.11. RoK

| Link|July 15, 2024 11:37:49 PM

All those who say thatllp AR is around 25% must have tendered all the shares that they had on record date. Your case is different.

An example
ER = 8.93%
AR = 25%
Total shares accepted = Entitled shares + additional shares accepted.

Case A
18 as on record date, tendered 18
Shares accepted = 1 + 3 = 4, AR = 22.22%

Case B
78 as on record date, tendered 18
Shares accepted = 6 + 2 = 8, AR = 44.44%

Case C
78 as on record date, tendered 78
Shares accepted = 6 + 12 = 18, AR = 23.07%

17.12. Jasmin RABADIYA

| Link|July 16, 2024 6:58:06 AM

Thank you very much for increasing my knowledge can you please explain me case c how additional 12 shares are accepted.

17.13. RoK

| Link|July 16, 2024 5:30:52 PM

@Jasmin
There is a ratio at which additional shares are accepted.
This ratio r = shortfall of shares ÷ total additional shares tendered by all.
It looks like r comes around 17.65%

Case A
1 + (18 - 1) × 17.65% = 1 + 3

Case B
6 + (18 - 6) × 17.65% = 6 + 2

Case C
6 + (78 - 6) × 17.65% = 6 + 12

17.14. Jasmin RABADIYA

| Link|July 16, 2024 5:36:26 PM

I DON'T UNDERSTAND ANYTHING WHAT IS R AND WHAT IS MEANING OF SHORTFALL OF SHARES.. KINDLY DISCREBE ME IN DEEP

17.15. ValueSeeker

| Link|July 16, 2024 6:24:54 PM

@RoK bhai
I think it should be Case C.

I had 100 shares, and eligible qty was 9 shares. I tendered all 100, and just got message that Rs 32,200 got credited, meaning 23 shares accepted, which is a decent acceptance. Much more than I expected.

According to 17.65%, the qty accepted should have been 25 though.

17.16. Jasmin RABADIYA

| Link|July 16, 2024 7:24:16 PM

@valueseeker

Your 23 share means ar ration is 23 % and how many share entitlement you got before buyback please share with me for further buyback help..

17.17. RoK

| Link|July 16, 2024 7:37:52 PM

@ValueSeeker bhai, 17.65% is just an approximate value calculated, assuming that the AR as 25%. I don't know the actual value.

17.18. RoK

| Link|July 16, 2024 8:35:10 PM

@Jasmin

I used r just like AR or ER, a name to refer the ratio.

shortfall of shares = buyback size - total entitled share tendered

Eg. If buyback Size is 100000 shares and the company receives only 60000 entitled shares then the shortfall = 100000 - 60000 = 40000 shares. These 40000 shares will be brought from those who tender additional shares.

If the total additional shares tendered is 200000 then r = 40000÷200000

17.19. ValueSeeker

| Link|July 17, 2024 10:46:48 AM

@Jasmin RABADIYA bhai,
I already mentioned, share entitlement was of 9 shares out of the 100 I owned.
So, 14 more accepted out of 91 additional tendered, which is approx 15.4%

16. RoK

| Link|June 29, 2024 12:45:49 AMReply

1 share accepted.

15. RoK

| Link|June 21, 2024 5:01:24 PMReply

Since so many applications were rejected, please check whether the applications were submitted or not. Check it in the registrar's site.

14. RoK

| Link|June 19, 2024 11:24:15 PMReply

1 share accepted.

14.1. JaiHanuman

| Link|June 20, 2024 6:08:58 PM

For me it didn't gave. 1 share buyback rejected

14.2. RoK

| Link|June 20, 2024 7:14:26 PM

For Anand Rathi with ER of 7.66% chances were less whereas in Ajanta Pharma it was 13.69% and many single share tenders were accepted.

13. RoK

| Link|June 18, 2024 5:53:00 PMReply

Cheviot Buyback
Opening date: 20 Jun 2024
Closing date: 26 Jun 2024
Price on record date ₹1,515.95
Retail max shares 131
Retail ER 5.71%

12. RoK

| Link|June 16, 2024 12:25:49 AMReply

Godawari Power Buyback
Buyback price ₹1400
Size 21.5 lakhs shares (1.64% of total shares)

12.1. MURTHY RAJAHMUNDRY

| Link|June 18, 2024 10:46:43 AM

Sir, GPIL today's high is 1174, what is the expected price before record date ?

12.2. RoK

| Link|June 18, 2024 4:24:41 PM

No idea sir.

11. RoK

| Link|June 13, 2024 1:29:14 PMReply

Dwarikesh Sugar near around it's price at buyback time. Those who brought for buyback can track it for exit.

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11.2. RoK

| Link|June 16, 2024 12:32:36 AM

@Flying Stallions I don't have any knowledge about it, but @Rakcyt ji was positive on this during the buyback. He was of the view that post election, the sugar industry will be in demand and was expecting a 25% rise. You can check his post in the Dwarikesh Sugar page.

11.3. Flying Stallions

| Link|June 16, 2024 9:07:44 AM

Dear @RoK, Thanks for your feedbcak

10. RoK

| Link|June 8, 2024 10:33:29 AMReply

Sharda Motor Industries buyback:
Opens on Jun 11
Closes on Jun 18
Retail ER 20.85%

9. RoK

| Link|May 24, 2024 6:22:17 PMReply

Cheviot Company Limited
Buyback price ₹1800
Record date: June 14, 2024
2022 buyback retail ER 9.22%
2020 buyback retail ER 5.62%

8. RoK

| Link|April 13, 2024 11:36:13 PMReply

Anand Rathi Wealth Buyback
Buyback price ₹4450
CMP ₹4050 9.88%
Size 3.7 lakhs shares

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8.2. RoK

| Link|April 16, 2024 12:56:52 AM

Based on the share holding pattern for the last year (Mar 2023)
Retail ER = 1.03%
General ER = 0.87%
So it looks that it will be like the Dwarikesh Sugar Industries buyback which was bad.

8.3. RoK

| Link|April 16, 2024 1:24:33 PM

Sorry the above ER calculation is wrong, please ignore it.

7. RoK

| Link|April 15, 2024 1:38:56 PMReply

Tips Industries falls under 'Surveillance Measure LTASM 1' category.

Is there any issue with this company? Senior members please advise.

6. RoK

| Link|March 28, 2024 12:44:08 PMReply

Opening date: 01 April 2024
Closing date: 05 April 2024
Price on record date ₹3341.08 NSE
Retail max shares 59
Retail ER 15.44% or 2 for every 13 shares

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6.6. vibhor saxena

| Link|April 1, 2024 3:32:28 PM

@Venkat ji please check under portfolio tab I have applied today from zerodha

6.7. Bull always

| Link|April 4, 2024 2:47:02 PM

When the results will come?? Any idea of date. Tomorrow 5 April going to close

5. RoK

| Link|March 20, 2024 4:09:49 PMReply

Didn't accept my single share.
Tendered 1 share on the first day through HDFC Securities. Share credited back to my demat.

4. RoK

| Link|March 13, 2024 6:07:01 PMReply

Bajaj Auto buyback is subscribed by 6.9 times.

3. RoK

| Link|March 4, 2024 6:17:53 PMReply

Got email for buyback.

Buyback Opening Date Wednesday, March 6, 2024

Buyback Closing Date Wednesday, March 13, 2024

2. RoK

| Link|December 5, 2023 8:53:28 PMReply

I have some problem in submitting my shares for TCS buyback. I am doing this from my mobile using browsers. The problem is that when I reach the "Agree" window, I am not able press the "Agree" button and also the scrollbar there is not working. I tried it with different browsers, but the result is always the same. Also I don't have access to my laptop as I am away from my home and will be able to return back only after a couple of weeks.
Is there anyone here who was able to submit their TCS shares using HDFC Securities? Please share some light.

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2.2. k l patel

| Link|December 6, 2023 12:46:57 PM

try different browser

2.3. RoK

| Link|December 6, 2023 2:10:27 PM

Hitendra ji and k l patel ji thank you for replying.
After trying many times, I managed to do it with my phone browser itself.

1. RoK

| Link|December 4, 2023 11:50:44 AMReply

Hello everybody, I was trying to put the single share that I have for the TCS buyback, but in the form in HDFC Securities there is a field called "Facilitator". What should be entered here, any idea?