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Has anybody received payout for NIIT buy back of shares yet?

44. Earthking

| Link|May 14, 2021 7:16:51 AMReply

SIS Buyback

Why in HDFC sec portal SIS buyback is not seen in dashboard ????

43. Ou Ai

| Link|May 6, 2021 5:17:50 PMReply

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As expected, due to heavy submission in buyback, small shareholders got a poor acceptance ratio of 15.5%. Those who purchased 800~900 shares at 190 to 200 are in big loss at balance shares quoting at 166.

43.1. amit K singh

| Link|May 6, 2021 10:23:42 PM

AR is 29.5%..

43.2. Ou Ai

| Link|May 7, 2021 8:00:18 AM

Entitlement ratio for small shareholder category is 102 for 919 shares @ 11.10. Acceptance ratio is not percentage of acceptance versus tendered shares. This can vary from shareholder to shareholder depending on number of shares tendered. For eg, if 102 shares are tendered subject to holding 919 on record date, his acceptance will is 100% !

Having tendered 300 shares and with 141 accepted AR turned out to be 47%. Acceptance was higher at 47% as shares held on record date was 900. (Rest sold in market post record date) Real acceptance rate for shareholder as on record date is 141/900 + 15.5% approximate. It is higher than ER11.10 % due to some shareholders not tendering.

If it was 29.5% only 90 out of 300 should have been accepted. Alternatively those tendering should have got 270 accepted. If that has been the case, do clarify 29.5% with reference to share held on record date not tendered.

43.3. amit K singh

| Link|May 7, 2021 9:16:16 AM

For HNIs, AR is 13%, but for retails, AR is 29.5%.. 235 shares accepted out of 800 shares tendered...

43.4. Ou Ai

| Link|May 7, 2021 10:27:07 AM

Then why were 141 accepted out of 300 tendered with AR 47%?

43.5. amit K singh

| Link|May 7, 2021 1:48:20 PM

In this case, number of shares available as on record date may be more than actually tendered.. need to know more details before answering...

43.6. Ou Ai

| Link|May 7, 2021 5:21:58 PM

Yes. Do read 2.2 above with complete details. If number of shares held on record date is the criteria, (which in this case was 900 coming under small shareholders category as per the offer document) , then at least 235 or more out of 300 tendered should have been accepted. This means AR is neither linked to shares on record date nor number of shares tenders, seems combination of both. So AR varied from individual to individual in same category.

43.7. amit K singh

| Link|May 7, 2021 9:38:48 PM

Agree Ou Ai, you are correct. my earlier answer was for number of shares as on record date and tendering time same...

43.8. Ou Ai

| Link|May 9, 2021 5:01:37 AM

If more shareholders share their details like holding on record date, shares tendered & accepted , we could try know this better. But, since the time buy back section started on big demand from main board, no one even visits these sections!

43.9. amit K singh

| Link|May 10, 2021 6:59:08 PM

True..

42. DEEP NEOGY

| Link|May 9, 2021 9:06:16 PMReply

got 59 shares out of 200 . AR is 29%

41. Earthking

| Link|April 30, 2021 10:55:34 PMReply

Indian Toners & Developers Buyback

Any update on the final subscription???

40. Aniketiaf

| Link|February 27, 2021 2:08:45 PMReply

About 50% AR can be expected.

40.1. Rafid

| Link|March 20, 2021 1:30:54 PM

Indian Toners & Developers Buyback

Aniket What is the expected AR ?

39. Milton

| Link|March 11, 2021 12:05:45 PMReply

Jagran Prakashan Buyback

@Aniketiaf - sir... how is quick heal buyback? should we go for it?

38. KAMMA SIVA RAMA KRISHNA

| Link|February 16, 2021 11:36:15 AMReply

Engineers India Buyback

Please intimate whether any one having trading account in ICICI DIRECT got the credit of buyback amount of EIL? If so, details may please be furnished.

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38.2. KAMMA SIVA RAMA KRISHNA

| Link|February 17, 2021 5:58:17 AM

Engineers India Buyback

Sarita ji, thank you very much for your kind response. Unfortunately, no communication so far from ICICI DIRECT regarding the 2400 shares. They are still found in my trading account. In the order book of buyback, it is clearly mentioned as submitted on 22/01 for buyback. It’s my bad luck. I have mailed to the customer care of the ICICI DIRECT. I will wait for 48 hours and then think of further course of action. What do you suggest?

38.3. Kartik Paul

| Link|March 10, 2021 1:07:26 PM

Engineers India Buyback

Hey I have also applied for buyback from my ICICI direct account but it still has been sent any notification or update on the amount. The shares are also not reflecting.

37. Siva mallam

| Link|March 8, 2021 10:49:38 AMReply

Indian Toners & Developers Buyback

i am holding from 127 , since buyback at 160 , whats a good price to exit ? 155 will do ?

36. Iposplmst

| Link|March 5, 2021 8:07:40 AMReply

What is expected acceptance ration for retail investor?

36.1. amit K singh

| Link|March 7, 2021 8:01:33 AM

As current market price is around BB price, AR is expected to be 100%.

35. SARITA S

| Link|March 5, 2021 6:56:26 PMReply

Nava Bharat Ventures Buyback

Dear Admin sir,
There is no thrill in open market buyback for retailers.
So, please open pages for tender route buyback of companies like SIS, Bharat Rasayan etc which are good companies undergoing the buyback action.

34. sandip patel baroda

| Link|March 4, 2021 6:09:29 AMReply

As in past 2019 buyback offer, this stock will not move up to the level of 100, at least up to September 2021. It is confirmed.

33. Aniketiaf

| Link|February 24, 2021 7:33:18 AMReply

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A 100 percent AR likely.

33.5. Ou Ai

| Link|February 28, 2021 3:20:57 AM

With increase in global aluminum prices by 28% Nalco and Hindalco will go up gradually despite minor dips in between. Naclo should go to 75 ~80 levels post buyback. One can buy at dips either to tender on buy back or even hold over next 1 to 2 years

33.6. ganesh jaiswal

| Link|March 3, 2021 7:49:04 PM

Nava Bharat Ventures Buyback

Aniket ji,
Today booked profit half holding of NALCO @ 63.

32. Newrookie

| Link|March 2, 2021 5:34:48 PMReply

Refer 2019 buy back of this company. After announcement of the Open market share buy back, prices went down instead of rising up. It might be completely company operator driven.

31. Marketmaster

| Link|February 28, 2021 8:17:52 AMReply

VRL Logistics Buyback

This will be not as other buyback. They will purchase direct from market..so exit if you are making profit

30. amit K singh

| Link|February 25, 2021 1:54:56 PMReply

The GAIL buyback is following NMDC BB... already cross bb price...

29. amit K singh

| Link|February 25, 2021 6:24:50 AMReply

Gail buyback opens today till 10 mar. Settlement date 19 mar..

28. SARITA S

| Link|February 20, 2021 7:43:03 PMReply

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Nalco may be available <49 in the coming week. Good opportunity to enter for tendering in Buyback.

28.6. Ou Ai

| Link|February 23, 2021 11:55:29 AM

it should be bought before opening of buy back. As most clever investors tend to think alike rush to buy after dates are announced. Nalco is hitting 52 week high now at 54.20!

Might remain close to buyback price as buyback opens. Aluminum prices rising in tandem with commodity prices.... good to hold unaccepted shares for an year or two

28.7. amit K singh

| Link|February 25, 2021 6:23:06 AM

VRL Logistics Buyback

I think during buyback, Nalco will not go below rs 49 ...

27. Siva mallam

| Link|February 23, 2021 1:13:10 PMReply

is there any record date ? for this buyback?

26. Ou Ai

| Link|February 21, 2021 10:40:34 AMReply