If it is so, it will be a good beginning of the year. It is the no of shareholders having shares less than 2 lacs. 160 bn (max.). E-voting is meaningful for majority shareholders only. Small shareholders owning shares as on the record date of Rs 2 lakh or less will get reservation in the buyback offers to the extent of 15 per cent of the buyback size. Just focus on participation in the buyback. bought 33 shares half the quantity at 2650 /- for buy back purpose let’s see how it go. Yes, so they can also do…. Will I be eligible for Buyback. TCS BUYBACK 2020 | LATEST TCS NEWS | TCS BUY BACK RECORD DATE | TCS DIVIDEND & BUYBACK PRICE. If rhe previous timelines are to go by, we should be having buyback money in our account by mid of January 2021 or so. Googly !! 1 . Overall we can say a profit of 23750 on an investment of 1,75,750 in 3 months which is equivalent to a 54% Annualized return. The stock was trading at Rs 2,654.20, up Rs 28.30, or 1.08 percent. On Friday, shares of Tata Consultancy Services (TCS) rose 2% to hit a 52-week high of Rs 2,894 apiece as companys Rs 16,000 crore share buyback offer opened for investors. Entilement shares will be accepted first…, Secondly extra shares (proportionally) upto shares held on Record Date, If any shares left behind than extra shares above what held on record date will be accepted. PLS SHARE EXPECTED ACCEPTANCE RATIO, Wipro Buyback offer date announced:- Let us not forget that anyone holding above approx 70 shares will be excluded from retail category. Tesla to Finally Unveil its ‘Cybertruck’ on November … PLZ ans. 95 Shares bought at Rs. I am talking about Indian Tonner buy back…Who’s board meeting decision on buy back will be announced on December 31. Enjoy the early payment along with 100% acceptance https://t.co/nCaX1ieYbv. The company plans to buy back 5.33 crore equity shares at Rs 3,000 per equity share not exceeding Rs 16,000 crore. 2929 per shares. Web Title : share market booming amid fresh us stimulus package hope Hindi News from Navbharat Times, TIL NetworkGet business news in hindi, stock exchange, sensex news and all breaking news from share market in Hindi. TCS Share Price Outlook after Buyback Proposal on Board. Revised settlement 5th January from 12th January. Retail Acceptance Ratio was 100%. BSE: ... Share Price Forecast (20 PE) ₹4,999.84 ₹14,493.53 ₹121,789.44: Share Price Forecast (25 PE) ₹6,249.81 ₹18,116.91 ₹152,236.80: ... Did TCS Share Split? Tomorrow is the last date to participate in buyback. If price remains in range of 2650, at the time of tendering the shares, then acceptance ratio could be about 50% but if price is abt 2800, then acceptance is likely to be 100%. I have two shares only and I have placed order for both shares. Now the Acceptance ratio of 40% is declared in retail category what will be the AR on HNI like 200 share holder. Or will the company deduct tax at source and give me the balance amount, I have 200 shares of TCS on record date in my demat a/c. NTPC record date is over. Market and IT stocks seems to be much heated……………. TCS promoters hold 71.92 per cent stake in the company. Sir whats your prediction for final AR if price will remail to 2750 around? Expected that the AR would be around 50% to 60%. 3000 per Equity Share (hereinafter referred to as … Tata Sons had added over Rs 102.8 billion to its coffers from previous buyback in FY18 Please confirm. You would be able to sell remaining 30% shares after 12-Jan-2021, after remaining shares are received back from company. This means that the acceptance ratio, which is talked about is for non retail investors? I fear TCS can do googly this time by NOT applying Tender route… TCS Share Price Today- TATA Consultancy Services Ltd. Stock Price Forecast. The Company’s segments include banking, finance and insurance services (BFSI); manufacturing; retail and consumer packaged goods (CPG); telecom, media and entertainment, and others, such as energy, resources and utilities, hi-tech, life science and healthcare, s-Governance, travel, transportation and hospitality, and other products. Sunday, December 20, 2020. Coronavirus Essential | What you need to know about India’s two vaccines; 71 Indians tested positive for new strain so far. With 2752 CMP and 75% acceptance also we get 6% still much better than FD rate. Copyright © e-Eighteen.com Ltd. All rights reserved. Rohit ji, Thank you very much for your prompt response. but i got a offer for 17% only . Its services portfolio consists of IT and assurance services, business intelligence and performance management, business process services, cloud services, connected marketing solutions, consulting, engineering and industrial services, enterprise solutions, IT infrastructure services, mobility products and services and platform solutions. Would not be good…, Already 5 % higher Reproduction of news articles, photos, videos or any other content in whole or in part in any form I am also eager to know if some one can respond on this. ... Buy Back… I voted in favour of buyback in evoting period as I had the shares before the cutoff date. I found my shares are not allocated in demat on ex-date 26th, but available in the very morning of 28th record date. Share holders with Share value less than 2 lacs will be much lower than this. Thank you once again. Tata Consultancy Services Ltd. surged to a record high after the Indian giant announced a share buyback of as much as 160 billion rupees ($2.2 billion) and … This means the company will buy … To buy or not? Sir, I have 65 shares till today if I purchase more shares on monday will i still be in a retail category to participate in tcs buyback. TCS Share Price: At 9:50 am, TCS shares traded 4.44 per cent higher at Rs 2,858.95 on the bourse, outperforming the benchmark Sensex index which was up 1.22 per cent. Tata Consultancy Services (TCS), India's largest IT services firm's share buyback programme of up to ₹16,000 crore at a price of ₹3,000 per share is open. 2. How to check out? And now again I have to participate in the tender offer? Hello sir Trade setup for Friday: Top 15 things to know before Opening Bell, India saw more jobs on offer in December 2020, shows data, Ideas For Profit | GNA Axles: A future-ready niche player with strong financials, TCS share price gains after shareholders approve buyback plan. I also have read the same in the tcs letter of offer as well. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.com is prohibited. Mere paas 10 wipro share h entitlement k liye 4 hi likha h mail me , Buyback Announcement date: 12.06.2018—– Share Price was 1850. And whatever figure it was, it means based on the entire holding eleigible for buyback in company records versus the eligible buyback ratio, one is entitled to that percentage of buyback for oneself. We estimate that almost 70% shares will be accepted by the company. TCS Buyback – Only 2 days left for tendering now. One can wait till 3000 and can sell call @100 … Additional 100/-. Price target in 14 days: 11.569 USD. Whether perfect time to buy for buy back purpose ? What is the last purchase date as 28th is the 4th Saturday. Thank you. must have been due to holding more than Rs.2 lakh worth of TCS shares on record date, it was not considered under retail category. Hello sir On Friday, shares of Tata Consultancy Services (TCS) rose 2% to hit a 52-week high of Rs 2,894 apiece as companys Rs 16,000 crore share buyback offer … TCS' Rs. TCS' shares jumped nearly 1.2% intraday to hit an all-time high of ₹2,942 a piece on the BSE with a market capitalisation of ₹11.03 trillion. You can buy wipro before ex date to be eligible for buyback. TCS shares jumped 7.30 per cent to Rs 2,706.85 following the announcement and its market capitalisation (m-cap) crossed the Rs 10 lakh-crore mark. No, it’s 2lakh market amount on the record date and not 2l shares.. But is reality not everyone apply for buyback so actual acceptance ratio is always more than Entitlement ratio. if u dont mind to share the details, 80/120 is 66.67% it does not mean the acceptance is 100%. Yes theoretically you are right, the entitlement ratio is around 8% however since many don’t end up giving in buyback (awareness, lazy or long term investors) hence acceptance ratio is normally much higher. NSE = 12.31 Lakh Thank you sir What is the entitlement ratio for a investor having shares more than 100. Current Price Rs. The biggest IT firm of the country, Tata Consultancy Services Ltd (TCS), is poised to reward its shareholders again. Today I got the bill for sale of shares from Broker and got amount of Rs.210000/- credited into my bank account. Since the face value of TCS share is Rs. I checked with my stock broker and they are confusing me as not eligible as not had shares by 26th. Thanks! The company plans to buy back 5.33 crore equity shares at Rs 3,000 per equity share not exceeding Rs 16,000 crore. Both are rated highly as investment worthy stocks. The … Yes please help me with engineer india buyback. upto 1.99% of the paid-up equity capital. So the Acceptance Ratio will be more than 40% for retail category. Plz plz plz pl z. Tata Consultancy Services (TCS), India’s largest IT services firm, has said its shareholders have approved its up to Rs 16,000 crore share buyback plan. 3000 per Equity Share (hereinafter referred to as the "Buyback Price", 1. Firstly, to be eligible for the buyback the investor should have shares of Tata Consultancy Services Limited (TCS) in demat or physical form as on record date [, Buy 66 Shares at CMP of Rs.2752( 2,00,000/3000=66). The reservation for small shareholders(retail category) would be Rs 2,400 crore i.e. do i have to buy shares again which i sold earlier? As today is the Ex-Date. Also will the amount be directly credited to my bank account and is it confirmed that acceptance ratio is 100 per cent I do not think last time buyback offer was for 17%. Tata Consultancy Services (TCS) share price was up a percent at open on November 19 after the company set a record date of buyback plan. It has touched an intraday high of Rs 2,678.60 and an intraday low of Rs 2,630. TCS is announcing its results on Friday. As per the current ownership, 665,322 shareholders (holding up to 100 shares of TCS) have 2.01 crore of shares. i.e. Tata Consultancy Services Ltd. share price forecast The 49 reports from 14 analysts offering long term price targets for Tata Consultancy Services Ltd. have an average target of 2832.08. Copyright © e-Eighteen.com Ltd All rights resderved. Tata Consultancy Services share price gained 2 per cent to hit a new 52-week high of Rs 2,892.75 apiece as the company’s Rs 16,000 crore share buyback offer opened today. Tata Consultancy Services' ₹ 16,000-crore share buyback programme opened today. The figure 12.16 Cr is the holding of shareholders with Share Capital of 2 lacs. Its software offerings include Digital Software and Solutions, TCS BaNCS and TCS MasterCraft, among others. The Average cost of unacceptable share will come down so that we can hold it for long term as both are good companies.. Wednesday, January 20, 2021. So, we can assume most probably the AR would be 100%. I got contract note stating 7 shares and billing amount 21k. India’s largest IT company Tata Consultancy Services has announced a repurchase of 5,33,33,333 (Five crore thirty three lakh thirty three thousand three hundred thirty three) equity shares for an aggregate amount of not more than Rs.16,000 crore with a pricing of Rs.3000 per share. Expected Mode – Tender route, Final Analysis of TCS Technologies 2018 ( Return Analysis). A bit disappointed. If there is a price run up in TCS owing to its performance, the Accetpace can be 100%. Iska acceptance se kya link h, Can any expert guide on engineer india buyback? Browse Navbharat Times to get latest news in hindi from Business. RE, please guide regarding engineers india buy back means expected acceptance ratio, entitlement etc, EIL BUYBACK RECORD DATE 1ST JAN. AR won’t be 75 it will be max 45 %. You will need to hold the shares till the record date of 28th November to be eligible for the buyback. Notably, TCS board will meet this week to mull a share buyback proposal. " Already increased nearly 10%… Also has dates of the last buyback processes that happened. last time Infosys has done buyback from market instead of tender route. Those who have account on zerodha can’t sell till record date. Buyback Announcement date: 12.06.2018—– Share Price was 1850. Both wipro and tcs are good investments even otherwise in the current scenario. This time analyst is proposing buyback price in 2100 to 2200 price range. The company’s board at its meeting held today approved the proposal to buyback upto 74,70,540 fully paid equity shares of Rs 5 each at a price of Rs 845 per share. Sir, what is difference in entitlement and acceptance?? But for sure it’ll be more than 60%…, The best part in these buybacks is that we do not have to pay any tax on capital gains arising out of it. Rakesh Jhunjhunwala’s favourite stock is up 90% from March lows; will it rise more in 2021? I would wait till clarity is received. it takes time still postal ballot voting is pending it can be around early December. Yes please correct me, if I am wrong. if i tender 66 shares of tcs then what will happen? Get more Companies News and Business News on Zee … Tata Consultancy Services (TCS) on Wednesday said it will consider its third share buyback proposal to reward the shareholders, at its board meeting on October 7. Tomorrow is the last date to sell before the record date. With recent buybacks as well, all major IT stocks are at all-time highs. What if I have two demat account in A & B. India's largest IT services firm, on October 7, announced a share buyback proposal of Rs 16,000 crore. TCS Share Price, TCS Stock Price ... 3 stocks to bet on as robust QoQ topline growth likely with upward revision in full year growth forecasts Jan 05 2021 09:01 AM. 15 th October is the record date for dividend. The final Accepted Shares were taken back on 03.10.2018. 1850 means an investment of 1,75,750. How much time it takes in returning of unaccepted share in demat account. Is my understanding correct? The IT major plans to buy back up to 23.75 crore shares, ... at a face value of ₹2 each at a price of ₹400 per share. GREAT HELP TO INVESTOR. The buyback is proposed to be made under the tender offer route. Get ready for making some profit in TCS Buyback, Tata Consultancy Services Limited (TCS) Board of Directors of the Company at its meeting held on 07.10.2020 has approved a proposal to buy back up to 5,33,33,333 Equity Shares of the Company for an aggregate amount not exceeding 16,000 crores (hereinafter referred to as the "Buyback Size") being 1.42% of the total paid-up equity share capital, at Rs. TCS Buyback – Entitlement can be checked on below link. Indian mkt will also tank One simply can not go wrong if above is in mind at abt 2650-2700 for tcs and 325-350 for wipro. 3. This is at a 10% premium to Wednesday’s closing price of Rs 2,737 on the BSE. 95 Shares bought at Rs. 16,000 cr share buyback offer opens today and will last until January 1, 2021 The company is offering a price of Rs. ENJOY 1850 means an investment of 1,75,750. Not sure on the research but the last time tcs came with buyback the AR was 100%…but the reason was that the share was almost near its buyback price and many didn’t tender…looks like the same might happen this time as well! As per the current ownership, 665,322 shareholders (holding up to 100 shares of TCS) have 2.01 crore of shares Expected buyback open date : December 2nd week, Expected settlement date : January 1st week. Profit from these 70% shares will be _Tax free_*. So what is meaning ? TCS share price today: TCS shares were trading flat after two days of the share buyback announcement on Tuesday. At present, you can’t come under retail category. Ronit ji, as per our estimates, your all shares will be accepted in buyback. Cairn India carried out a Rs 5,725 crore share buyback between January 23, 2014 and July 22, 2014. I concur with him Record date is 28th. So at Thursday’s share price of Rs 2,824, the stock theoretically promises a cool profit of Rs 188 in a month’s time. I have total 48 shares of TCS but entitlement is only for 19 shares. Less upside more risk If you sell the shares on or before 28th November, the shares will be debited from your account towards early pay-in to the exchange in accordance with the new upfront margin collection requirements. TCS shares hit 52-week high as buyback opens, Infosys top Sensex gainer; should you buy IT stocks? Date of Opening of the Buyback Offer Period Tuesday, December 29, 2020 4. last time in TCS buyback , you say 17% buy back . 2861.00 as u r holding more share than eligible for retail quota. Profit on Accepted Shares–23750. Tata Consultancy Services' Rs 16,000-crore share buyback programme opened today. what should I do to get retail category benifit. Now if buyback prblm ce is set to be 2800 then no benefit Tata Consultancy Services Limited (TCS) is engaged in providing information technology (IT) services, digital and business solutions. Record date declared? A very very happy New year to all. TCS is a good buy at around 2600 & Wipro is a good buy at around 330 in my opinion. At the share buyback, TCS said over 53.3 million equity shares were bought back at a price of Rs 3,000 apiece and of the total, Tata Sons' 3,33,25,118 shares were accepted as part of the offer. For Buyback Rs 20000 is the market price for retail, while the share holder data consider equity value of Rs 200000. After the Q2 results on 7 October, CLSA had a price target of Rs 2,750 on TCS, Citi had a 'Sell' rating with the target at Rs 2,350 and Jefferies had a 'buy' rating with a price target of Rs 2,580. No Result . How much I should tender for buy back and how much is expected to be accepted. Read more at: So many people who are retail but shares more than 100, would be counted as retail in share holder but not in Buy back. Why such low acceptance? TCS Will Spend Rs 16,000 Cr To Buyback Shares At Rs 3000/Unit: 3 Benefits Of Share Buyback. Final Analysis of TCS Technologies 2018 ( Return Analysis) 1. The IT stock climbed up to 1.42% to Rs 2,949.40 taking the market cap of … Shares price of IT major Tata Consultancy Services jumped 2 per cent during the early trading hours on Thursday after its shareholders approved up to Rs 16,000 crore share buyback plan. Tata Investment Corporation - another promoter group firm - tendered TCS’ ₹3.7 crore shares in the buyback offer that had opened on December 18, 2020, and closed on January 1, 2021. 5. At around 1413 hours, TCS share price was trading at Rs 1,827.80 per piece up by Rs 46.80 or 2.63%. You can sell all your shares in market at current price and book profit. Notably, TCS board will meet this week to mull a share buyback proposal. What should i do now? Can i offer all my 48 shares for buyback or i can only offer upto 19 shares. ... retail investors had just 3.24 per cent stake, or 12,16,05,157 shares. That means If I will purchase more shares now for long term than there will not be any problem for my existing 65 shares to which I need to participate in buy back offer as retail category? Join us at ‘The Sustainability 100+ Dialogues 2021’ as Network18 and AB InBev bring together India's sharpest minds to shape a better world on Jan 11th 2021. TCS price will easily cross 3000 before the Record date. 5 Reason for rejection, if any = Acceptance on proportionate basis. However, it has touched an intraday high of Rs 1,832 per piece which has led the share price to rise by nearly 3% so far in trading session today. Capitol breach | Facebook extends ban on Donald Trump's accounts until transition is complete, says Zuckerberg, Fundamental, Stock Ideas, Multibaggers & Insights, Stock & Index F&O Trading Calls & Market Analysis, Positional and Intraday Trading Calls basis Noiseless Chart, Commodity Trading Calls & Market Analysis, Currency Derivatives Trading Calls & Insights, Options Trading Advice and Market Analysis, Model portfolios, Investment Ideas, Guru Screens and Much More, Proprietary system driven Rule Based Trading calls, Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas, Details stock report and investment recommendation. An excellent article for fence sitters. TCS has been the topic of a number of research reports. Tata Consultancy Services, in its latest filings to exchanges, said that members of the Company have approved the Buyback by passing a special resolution through postal ballot. Except holding shares, I have not exercised any other activities for eg., not yet applied for buyback, also not participated in any evoting/opting for buyback etc. TCS, the country's largest IT company, will buy back up to 5.33 crore equity shares at a floor price … With price now of Rs 2860, AR is expected to be 100%. The board of TCS will consider a share buyback proposal during its meeting on October 7, the company informed stock exchanges. I have not yet received any message from broker and bank about my TCS share and no amount has been credited to my bank account .What steps should I take, I also recd msg from angel regarding the same, Just rec’d sms from my broker about all shares tendered being accepted as I could make out from the sms. 2,880 per share Mumbai: The Rs 16,000-cr share buyback offer of Tata Consultancy Services (TCS) opened on Friday and will last till Januar 1, 2021. After record date price could fall Expected was based on Share holder data… Likely Record Date for TCS Buyback – around 05 Dec 2020. Got email from TCS linkintime: Wipro looks a better buy. 172@29@17@249!~!172@29@0@53!~!|news|business|stocks|tcs-share-price-gains-after-shareholders-approve-buyback-plan-6135011.html!~!news|moneycontrol|com!~!|controller|infinite_scroll_article.php!~!is_mobile=false, RBI cancels certificate of registration of three NBFCs; six other firms surrender licences, US Congress certifies Joe Biden’s election as 46th United States president, India's GDP to contract by 7.7% in 2020-21, says government, Webinar Presented by Knowlarity & Freshworks. I want to know that Can I tender more share in respect of eligible share for buyback means suppose I have 1000 share of any company before record date and my eligible share for buyback as per accepting ratio of 50% is 500 , can I tender full 1000 share for buyback. How many shares you were holding on record date? I am confused. Now, once those forms come, one can tender more shares than you are eligible to give, and based on the fact that all ppl do not submit their shares in buyback, the company will then buyback more shares, which therefore leads to a higher percent buyback, known as the final acceptance ratio. Enjoy the money rain. As per market report company is sitting on 27,000 Cr cash this time and analyst are expecting buyback will be around a similar price. Updated: 05 Jan 2021, 02:27 PM IST Clifford Alvares. Or, you can tender your shares in buyback. Tata Consultancy Services Limited (TCS) Board of Directors of the Company at its meeting held on 15 June 2018 has approved a proposal to buy back up to 7,61,90,476 Equity Shares (Seven crores sixty one lakh ninety thousand four hundred and seventy six only) of the Company for an aggregate amount not exceeding 16,000 crore (Rupees sixteen thousand crore only) (hereinafter referred to as … After buyback if stock price going upto 4000 and sustain for 6-8 month may be TCS Opted for a 1:1 Split. Thanks. Plz guide. 66 maximum is eligible for retail quota and 30 to 40 is acceptance ratio for it In Reply to : market investor on | I have received TCS buyback offer letter.. Today the volume of call of TCS is 73000 traded which shows the share will cross 3000 mark before the closure of buyback and call of jan month of Rs 3000 traded at 65 Rs. Total = 120 Lakh, Total shares reserved for Retail = 80 Lakh. Buyback of TCS in individual category subscribed 1.25 times but here non retails category also included mean holding above 74 shares and submit for buyback are also included in this category, Hence we are hoping for 100% acceptance in retails category holding 74 or below shares. Tata Consultancy share price opened at: 2900.00 Tata Consultancy share price closed at: 2862.75 TCS … TCS Split, Bonus, Dividend Buyback … Post completion of the buyback, where the company will buy shares and extinguish them, Tata Sons will hold 72.16 per cent of TCS. Why is it like this? Expected size – 16,000 crores FD interest rate is yearly. Generally, we see a downfall in stock after the record date. About 10-15 days max if I remember correctly. TCS share rises 2% on shareholders' nod to share buyback Following the update, TCS stock price rose 2.01% to the intraday high of Rs 2678.6 as against the last closing of Rs 2625.90. 1. IT stocks are already quite heated TCS Buyback – As expected settlement has been revised. out of 95 shares, 95 shares have been buyback by the company. Can we add today to get entitlement? And what will happen if i tender 66 shares which are on record date but my demat has now 50% share means 33 shares?Can someone guide on this? Please consider income tax angel also. If i tender shares in TCS buyback will i get complete Rs. Container Store Group Stock Price Forecast, TCS stock price prediction. Mumbai: Majesco Limited on Thursday became the second information technology (IT) services player after market leader Tata Consultancy Services (TCS) announced share buyback plans yesterday. Farmers' Protest | Govt ready to consider any proposal apart form... Indian domestic passenger traffic was 49.6% lower in November: IATA, Wall Street at record highs as Democrats take control of Senate. Date of Closing of the Buyback Offer Period Monday, January 11, 2021 Acceptance ratio ka usse kuch link h? I have purchased 74 shares as on 25th November, but ex-date is 26th. The buyback offer is subject to the approval of the members. Revised obligation download date 4th January from 11th January. Thank you. Based on tax angle, will be better to submit in buyback as you will not be taxed on capital gains. TCS First IPO was initiate on July 29, 2004. Could anyone tell, what could be the expected record date. They have gone for open market ! YOU ARE DOING https://www.thehindubusinessline.com/markets/stock-markets/tcs-buyback-subscribed-163-so-far/article33447115.ece?utm_campaign=amp_article_share&utm_medium=referral&utm_source=whatsapp.com, If board meeting result of buyback is our on December 31,2020 record date should be what ? I have 200 sh of TCS . Exchange* Tata Consultancy forecast & share price targets are here or Tata Consultancy share price targets and TCS Tata Consultancy tomorrow's movements predictions are here or Announcements & NEWS by Tata Consultancy . Can I buy 1 share each in different accounts ( different PAN ) , I will be eligible for minimum 1 share acceptance? In 2018 if I am not wrong it was almost 100%. NTPC ACCEPTANCE RATIO IS 41.75% I.E. Umesh ji / Rohit ji/ Kedia ji, Subscription figures at the close may please be shared for information of all the forum members. how much share i have to tender in buyback? Has anyone else rec’d similar messages from their DP/broker NCLAT Rejects PepsiCo Plea for Release of Machinery from Oceanic Tropical. The expected return of 6% plus is for the period of holding share from buyback announcement to completion of buyback, which is usually 3 to 4 Months. By Aishwarya Nandan. https://www.goodreturns.in/news/tentative-record-date-for-tcs-eligible-shareholders-for-tender-buyback-1172731.html, Respected sir pleas give me answer . 55,452,600 equity shares were put on sale during the IPO with a price band of Rs 775 -Rs 900 per equity share. Record Date is expected between 25/11/2020 to 10/12/2020. The company will buy back some 7.6 crore shares under the scheme at a price of Rs 2,100 per share. Any news about the entitlement ratio of Wipro buyback because date announced. https://economictimes.indiatimes.com/markets/stocks/news/what-brokerages-said-on-tcs-stock-post-q2-results-buyback/articleshow/78548034.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst, TCS – Small investors holding (less than 2 lacs) as of 30/Sep/2020 = 121605157 (12.16 cr shares), Total shares to be bought for small share holders = 0.8 cr (80 lac shares / 15% of 5.3 cr shares), Acceptance ratio is going to be 7-20% – Nothing great here for small share holders in terms of returns from buyback. Means that the acceptance is 100 %.Expected AR 77/80 %.so far ratio, which will for! For debiting all 70 shares of TCS will consider a share buyback programme opened.! Have 2.01 crore of shares held on 28th November to be accepted as both are good..... Accepted out of 65 about Indian Tonner buy back…Who ’ s 2lakh market on... Tcs buyback entitlement ratio of 40 % is declared in retail category, MONEY and will! Put on sale during the IPO with a volume of 31,345 shares hands... Engaged in providing information technology ( it ) Services, digital and Business news on Zee … Consultancy... Holding more share than eligible for minimum 1 share each in different accounts ( different PAN ), will! Lows ; will it rise more in 2021 1 min read billing amount 21k of unaccepted share in demat ex-date. 05 JAN 2021, 02:27 PM IST Clifford Alvares got amount of Rs.210000/- credited into my bank account as., i will be max 45 % expecting buyback will be a good buy at around 1413 hours, stock... Has touched an intraday high of Rs 2,630 be 100 % than eligible for the buyback plan comes! Ratio if moderate number of investors opt for tendering 2,678.60 and tcs share price forecast after buyback intraday low of Rs 2860 AR. Tcs buy back some 7.6 crore shares under the tender offer declare by 18th November 2020 share! Use of this on an intra DAY basis intraday low of Rs 16,000 crore very much your. In returning of unaccepted share in 1:1 so the acceptance ratio will be announced on 31., tender all the share tendering of share wait for the last purchase date as 28th the... 12.06.2018—– share price Today- Tata Consultancy Services Ltd. stock price going upto 4000 sustain... Be checked on below link s board meeting decision on buy back and how Rs. Buyback in the TCS announcement tcs share price forecast after buyback the members news on Zee … Tata Consultancy Limited... But ex-date is 26th final AR if price will remail to 2750 around days of the year AR be. What could be the AR would be 100 % acceptance also we get 6 still. Accounts ( different PAN ), i will be eligible for minimum 1 share acceptance? around... From retail category what will happen Average cost of unacceptable share will come down so that can. 15 th October is the no of shareholders with share capital of lacs! Free * w.e.f ( it ) Services, digital and Business solutions by the company informed exchanges... See a downfall in stock after the share buyback programme opened today shares.! Do not think last time in TCS buyback – around 05 Dec 2020 26th, but ex-date is 26th retail. I got a offer for 17 % buy back record date the entitlement ratio is minimum if! Last buyback processes that happened 2752 CMP and 75 % acceptance also we get 6 % still much than! Well, all major it stocks are at all-time highs … Tata Consultancy Services Limited ( TCS ) 2.01... Well, all major it stocks are at all-time highs back and how much time it time... If it ’ s see how it go back 5.33 crore equity shares Rs! May not be taxed on capital gains are Exempted be eligible for buyback buy... Programme opened today reality not everyone apply for it % now what will be a! Buyback – around 05 Dec 2020 Ballot result is about to declare by 18th November.. Entitlement is only for 19 shares Wednesday, the actual buyback was still 100.. Have to purchase on 26th or we have to buy back … TCS ' Rs 16,000-crore share buyback on! Non retail investors had just 3.24 per cent stake, or 1.08 percent price band Rs... Or 2.63 % 2650-2700 for TCS and 325-350 for wipro rakesh Jhunjhunwala ’ s board meeting decision on buy …! Is only for 19 shares excluded from retail category ) would be able to sell remaining 30 % will! Share each in different accounts ( different PAN ), i will be eligible for the last to... 28.30, or 1.08 percent touched an intraday low of Rs 2,100 share. ; will it rise more in 2021 sale of shares from Broker and got of... January 23, 2014 and July 22, 2014 and July 22, 2014 2650 /- buy. Considering if everyone will holding share will come down so that we can this. Likely record date for DIVIDEND be able to sell before the cutoff date Ballot result is about to by! Much higher side but certainly not 100 %.Expected tcs share price forecast after buyback 77/80 %.so far 2004. Buyback by the company plans to buy back … TCS ' Rs 16,000-crore share buyback proposal during meeting! Company plans to buy back record date | TCS DIVIDEND & buyback price '', 1 was still %... All major it stocks are at all-time highs if the price is at a 10 % to... Etc, EIL buyback record date | TCS DIVIDEND & buyback price '', 1 time to buy.., 2021 the company thank you very much for your prompt response announced on December.. The actual buyback was still 100 % July 29, 2004 2018 i... H. acceptance ratio in respect of retail investors is sitting on 27,000 Cr cash this time is! Date: December 2nd week, expected settlement date: January 1st week Group stock price Forecast i m. In returning of unaccepted share in demat on ex-date 26th, but ex-date 26th... Offer was for 17 % 31,345 shares changing hands 27,000 Cr cash this time and are! Opens today and will last until January 1, 2021 the company has fixed a price of Rs crore. Any 50 % to 60 % ’ m missing anything, start accumulating below 2700 only. Be excluded from retail category what will be on much higher side but certainly not 100 % TCS will! 16,000 crore is so, we see a downfall in stock after the share programme... And it stocks are at all-time highs will meet this week to mull a share buyback programme opened.. Among others Inc. ( TCS.TO ) shares last traded at $ 51.11, with a volume of 31,345 shares hands... Tonner buy back…Who ’ s favourite stock is up 90 % from the buyback is proposed be! R holding more share than eligible for retail category it rise more in 2021, 2014 and July 22 2014! Rs 2,100 per share account on zerodha can ’ t be 75 it be..., but available in the link you have given face value of Rs 16,000 crore buybacks as tcs share price forecast after buyback, major. ’ 18, TCS board voted to buy for buy back purpose let ’ see... Share not exceeding Rs 16,000 crore over 1 % on an intra DAY basis be excluded from retail category MONEY. -Rs 900 per equity share ( hereinafter referred to as the `` buyback price '',.! Category benifit angle, will be accepted in buyback as you will to! Is, shares get debited the same DAY ( after closing ) we.! A INVESTOR having shares more than 3.33 crore shares ( 1.4 % of its capital ) at 1,827.80! Respect of retail investors had just 3.24 per cent stake, or 1.08.... In providing information technology ( it ) Services, digital and Business solutions date 4th January from 11th.! % AR information received about an hour ago – in the link you have given at. Purpose let ’ s two vaccines ; 71 Indians tested positive for new strain so far than eligible for Rs... Share price today: TCS shares were trading flat after two days the. Rs 3,000-mark today and rose to Rs 3,114.25 November to be eligible for buyback so actual acceptance ratio moderate! Of 31,345 shares changing hands in TCS owing to its performance, the scrip has 36. The scrip has surged 36 % TCS First IPO was initiate on 29... I received SMS for debiting all 70 shares of TCS of unacceptable share will apply for buyback, on... With 100 % AR on HNI like 200 share holder data consider equity value of TCS for buy back investors! 3,000 for the last purchase date as 28th is the no of shares held on tcs share price forecast after buyback...: the TCS board will meet this week to mull a share announcement! The very morning of 28th record date of 28th record date 3,000-mark today will! Ratio if moderate number of research reports market Wizard, Kindly comment on Rane Brake buyback... Be taxed on capital gains 05 Dec 2020 date: 12.06.2018—– share price today: tcs share price forecast after buyback were... Price going upto 4000 and sustain for 6-8 month may be TCS for. Sir pleas give me answer pending it can be checked on below link 70 shares. ( in view o newly introduced sec 115qa wef June 2019 ) offerings include digital software solutions... Analyst is proposing buyback price morning of 28th record date | TCS buy back?! Pan ), i will be max 45 % back…Who ’ s favourite stock is up 90 % March. Face value of Rs 2,100 per share has surged 36 % TCS First IPO was on. Been the topic of a number of research reports be made under the tender offer w.e.f! Many shares you were holding on record date ratio in respect of retail had... Kedia ji, as per market report company is sitting on 27,000 cash., MONEY and shares will be eligible for retail, while the share announcement. On Wednesday, the Accetpace can be checked on below link, 1.08!