which buybacks. TCS is in December I think

5 IPOs Confirmed Next Week, Two Buybacks at the Same Time Too( all 5 ipo details are added here)
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- 189
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- Last Comment
1• IREDA : 2,150 Crore ₹
2• Flair Writing Industries : 593 Crore ₹
3• Gandhar Oil Refinery : 501 Crore ₹
4• Fedbank Financial Services : 1,092 Crore ₹
5• Tata Technologies Limited : 3,042 Crore
IREDA Opening from 21 - 23 November while all other IPO Dates are 22 - 24 November
Record Date for GNFC 24 November & Record Date for TCS 25 November
Tata Technologies IPO - Rates and Dates all Out Now👍
Dates : 22 Nov - 24 Nov
IPO Size: 3,042.51 Crore ₹
Price Band : 475 - 500 (GMP Heard 335 ₹)
Retail Lot : 30 Share, Application Amount : 15,000, Number of Applications : 6,15,263
Small HNI Lot : 420 Share, Application Amount : 2,10,000, Number of Applications : 6,278
BIG HNI Lot : 2,010 Shares, Application Amount : 10,05,000 Number of Applications : 12,556
Shareholder Lot : 30 Share, Application Amount : 15,000, Number of Applications : 2,02,834
Gandhar Oil Refinery India Limited IPO
🗓️Date : 22 - 24 Nov,2023
🏷️Price Band : ₹160 - ₹169
📦Market Lot : 88 Shares
💰Appl Amt : ₹14,872
📏Size : ₹ 500.69 Cr Approx
👦Retail Portion : 35%
🔖Retail Form : 1,17,834
📄HNI Small Form : 1,202
📄HNI Big Form : 2,405
🏷️Face Value : ₹2
Flair Writing Industries Limited IPO
🗓️Date : 22 - 24 Nov,2023
🏷️Price Band : ₹288 - ₹304
📦Market Lot : 49 Shares
💰Appl Amt : ₹14,896
📏Size : ₹ 593 Cr Approx
👦Retail Portion : 35%
🔖Retail Form : 1,39,333
📄HNI Small Form : 1,422
📄HNI Big Form : 2,844
🏷️Face Value : ₹5
FEDBANK Financial Services Limited IPO
🗓️Date : 22 - 24 Nov,2023
🏷️Price Band : ₹133 - ₹140
📦Market Lot : 107 Shares
💰Appl Amt : ₹14,980
📏Size : ₹1,091 Cr Approx
👦Retail Portion : 35%
🔖Retail Form : 2,52,686
📄HNI Small Form : 2,578
📄HNI Big Form : 5,157
🏷️Face
Value : ₹10
Indian Renewable Energy Development Agency Limited (IREDA) IPO
🗓️Date : 21 - 23 Nov,2023
🏷️Price Band : ₹30 - ₹32
📦Market Lot : 460 Shares
💰Appl Amt : ₹14,720
📏Size : ₹2,150.21 Cr Approx
👦Retail Portion : 35%
🔖Retail Form : 5,09,833
📄HNI Small Form : 5,202
📄HNI Big Form : 10,405
🏷️Face Value : ₹10
Deal Wiki
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Last updated by: Rosh_0007
Check Your IPO Status here : https://linkintime.co.in/mipo/ipoallotmen...ml
Current GMP
13 - Fed - (9%)
57 - Flair - (18.75%)
49 - Gandhar - (28%)
365 - Tata - (73%)
8 - IREDA - (25%)
thunderguy wrote:which buybacks. TCS is in December I think
Added all ipo this in this thread
thunderguy wrote:which buybacks. TCS is in December I think
Gnfc & Tcs
retails money will be blocked totally in tata technologies ipo cz u can apply in shareholder(if u bought 1 tamo shared like everyone) as well as shni that's 4L fund for each pan
Jarvis.-. wrote:For how many days it will be blocked?retails money will be blocked totally in tata technologies ipo cz u can apply in shareholder(if u bought 1 tamo shared like everyone) as well as shni that's 4L fund for each pan
kukdookoo wrote:
For how many days it will be blocked?
I think he is saying the retail quota will be subscribed quickly which is true. As for applying through ASBA, it used to be a week or more, but they are being quick these days like 2 days after the ipo ends, your funds will be unblocked if shares are not allotted.
Listing is now done in closing date + 3 working days. If the issue closes on 24Nov23, the listing should be done on 30Nov23 considering 27Nov23 is a market holiday. Hence, you should have the funds back in your account by at least 29Nov23.
Has the rhp been filed for federal?
Demon_slayer wrote:+ @Jarvis.-.I think he is saying the retail quota will be subscribed quickly which is true. As for applying through ASBA, it used to be a week or more, but they are being quick these days like 2 days after the ipo ends, your funds will be unblocked if shares are not allotted.
if applied thru zerodha/groww from normal savings account then this much will be time like you have mentioned? what is asba account?
Could you please mention the GMP also?
Vu
kukdookoo wrote:The amount will be returned to the source account on non-allotment within a couple of days. Allotment used to take a week or more from the end of ipo application. But after the recent circular from sebi, allotment is done within 4 days max.
+ @Jarvis.-.
if applied thru zerodha/groww from normal savings account then this much will be time like you have mentioned? what is asba account?
Asba account is a facility provided by major banks. You have to provide details of a demat account(any).
Then you can directly apply from your savings account. The amount will stay in your account but will be blocked. You will continue to earn interest on the amount. If you get allotment the amount will be debited and shares will be credited to the demat account you provided. If not, the amount will be unblocked on that day itself.
You can even use your zerodha demat account. Every major bank provides the facility.
Will it be beneficial to apply from shareholders quota or retail or shni quota?
Can anyone tell me how people apply multiple lots?
Also what is gmp and why is it less than asking price for Tata technologies and is that good or bad?
Demon_slayer wrote:+ @Jarvis.-.
The amount will be returned to the source account on non-allotment within a couple of days. Allotment used to take a week or more from the end of ipo application. But after the recent circular from sebi, allotment is done within 4 days max.
Asba account is a facility provided by major banks. You have to provide details of a demat account(any).
Then you can directly apply from your savings account. The amount will stay in your account but will be blocked. You will continue to earn interest on the amount. If you get allotment the amount will be debited and shares will be credited to the demat account you provided. If not, the amount will be unblocked on that day itself.
You can even use your zerodha demat account. Every major bank provides the facility.
Thanks. Last 2 questions, how to apply in ipo, is there a guide for new users? Second what are differences between tcs, elexsi and technologies?
Jarvis.-. wrote:retails money will be blocked totally in tata technologies ipo cz u can apply in shareholder(if u bought 1 tamo shared like everyone) as well as shni that's 4L fund for each pan
Max quantity Tamo shareholders can apply for? By which date Tamo share has to be in demat account to be eligible?
How in Gandhar oil for short and long term?
kukdookoo wrote:"how to apply in ipo, is there a guide for new users?"
+ @Jarvis.-.
Thanks. Last 2 questions, how to apply in ipo, is there a guide for new users? Second what are differences between tcs, elexsi and technologies?
There are multiple guides available on the internet. I'll give you a basic idea.
1. You need a demat account. Possibly a trading account with a stock broker.
2. You can either apply through your stock broker(zerodha etc.,) or ASBA(your bank account)
3. If applying through stock broker, you just have to go to ipo listing page of your brokers trading app or site, click apply, then pay the price using upi.
4. Applying through asba, netbanking or app of your bank will have asba section, will ask you to provide your demat account details. After entering your demat account details, you just click apply and confirm. Your investment amount will stay in your account and only get debited if the shares are allotted to you.
Things to keep in mind.
1 lot of shares is around 15k. You need to invest atleast 1 lot.
A (1 lot) is the minimum no. Of shares that is required to apply. You can apply as many as you want depending on the category and your capital.
You don't need a trading account(broker account) for buying an ipo. You definitely need one to sell them .
"Second what are differences between tcs, elexsi and technologies?"
Honestly no one really knows. If they have a product or service that's profitable they will spin it into a subsidiary or separate company, mostly for tax reasons.
Tcs is consultant services, elexsi provides design solutions and Tata tech does a bit a everything domestic. There is overlap between the entities. If you ask employees of these companies they will tell you what they do. They won't even know what their company does on the whole and how it is different from its sister concern.
suplex_city wrote:@admin please move to Finance section.@bikidas2060 @abhishek012 @justforcoupon @aniruddha.rathi @stoptomove @quantum @hotchap @InvestPotato @third.i.financial.advisors @Suplex_city @S.Bittu @legend101 @Rosh_0007
Thank you.
it's for educational purposes only.
Which 1 is good buy for short term ?
Those who want to earn 600-800 profit can buy 1 share of TCS at current rate approx 3400
Then apply for buyback..100% successful buyback bid
Tried and tested many times from multiple accounts (1 pan-1id)
Mr.Blackhearted wrote:why not 10.Those who want to earn 600-800 profit can buy 1 share of TCS at current rate approx 3400
Then apply for buyback..100% successful buyback bid
Tried and tested many times from multiple accounts (1 pan-1id)
Need to learn
GMP Updates Nov 20 : For Educational purposes only
Tata Technologies 💻: 340-345 (68%)
IREDA 🍀: 6-7 (20%)
Flair Writing 🖊️: 60-63 (20%)
Gandhar Oil 🛢️ : 52-57 (31%)
FEDBANK Financial 💰: 6-7 (4%)
Demon_slayer wrote:A question, Tata Technologies gmp is 340-350 but ipo is 15000 for 30 shares which means 500 price per share? + @Jarvis.-.With tcs, you get atleast 1 share bought back, so it makes sense to apply from multiple accounts to get multiple accepted.

I think it's not that easy.. It depends upon the ratio eligible for buyback. Buying one share doesn't guarantee that the same will be eligible for buyback. Normally they declare ratio like if you have 20 shares then one will be eligible for buyback..
Correct me if I m wrong..
Buybacks are a great opportunity.
1. You don't have to pay taxes on it. I believe @kshmr been holding for 2+ years and bought the share at 2900+.
The appreciation is 1100+.
If he sells this in the open market he will have to pay stt, stamp duty etc., on top of that he will have pay income tax on 1100(based on his tax slab).
Buybacks are tax-free for the investors.
2. You will be able to sell at a higher price. Last year the same tcs buyback, the stock was trading at 3700+, during the last day of buyback the stock crashed hard. Until a couple months ago, the stock still hadn't touched 3500 mark.
Last year buyback was for 4500. That's easy profit.
3. No one is stopping you from buying back the share.
You can sell back to the company @ 4100 and buy the share back @ 3500 the same day. That's an uncomplicated profit for which you don't need to pay taxes.
What else does one need to apply for a buyback?
Make a seperate post for your buyback questions. You might find it helpful.
Applied for 4 and Got 1 In Tata technology. .. what is current GMP ? any idea