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5 IPOs Confirmed Next Week, Two Buybacks at the Same Time Too( all 5 ipo details are added here)

1862°
Budding Star
suplex_city

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

Check your IPO Allotment Status here : https://linkintime.co.in/mipo/ipoallotmen...ml


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

Expired
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Top Comments
Deal Cadet Deal Cadet
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Mr.Blackhearted wrote:

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)

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.. 

Beacon Beacon
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kukdookoo wrote:
are you selling any? why even if the answer is yes or no? just want to understand how seniors in this field are planning.

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.

Generous Generous
Admin
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Applied for 4 and Got 1 In Tata technology. ..  what is current GMP ? any idea 

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Commentator Commentator
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which buybacks. TCS is in December I think

Budding Star Budding Star
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thunderguy wrote:

which buybacks. TCS is in December I think

Added all ipo this in this thread 

Pro Shopping Friend Pro Shopping Friend
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thunderguy wrote:

which buybacks. TCS is in December I think

Gnfc & Tcs

Budding Star Budding Star
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malikcool wrote:

Gnfc & Tcs

TCS Buyback Record Date Announced 👍


Buyback Price : 4,150 ₹

Last Closing Price : 3,404 ₹


Buyback Size ₹ : 17,000 Crore

Buyback Size in Shares : 4,09,63,855 Shares


Retail Quota : 61,44,579 Shares

Record Date : Saturday, 25th November

Benevolent Benevolent
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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

Benevolent Benevolent
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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

For how many days it will be blocked?
Beacon Beacon
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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.

Deal Newbie Deal Newbie
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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.

Benevolent Benevolent
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kukdookoo wrote:
For how many days it will be blocked?
2 days to 7 days depends on its t+3 listing or not
Vanguard Vanguard
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Has the rhp been filed for federal?

Benevolent Benevolent
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Demon_slayer wrote:

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.

+ @Jarvis.-.
if applied thru zerodha/groww from normal savings account then this much will be time like you have mentioned? what is asba account?
Deal Cadet Deal Cadet
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Could you please mention the GMP also?

Beacon Beacon
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kukdookoo wrote:
+ @Jarvis.-.
if applied thru zerodha/groww from normal savings account then this much will be time like you have mentioned? what is asba account?
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.
Deal Newbie Deal Newbie
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Will it be beneficial to apply from shareholders quota or retail or shni quota?

Deal Subedar Deal Subedar
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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?

Benevolent Benevolent
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Demon_slayer 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.

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.
+ @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?
Critic Critic
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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?

Deal Subedar Deal Subedar
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How in Gandhar oil for short and long term? 

Beacon Beacon
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kukdookoo wrote:
+ @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?
"how to apply in ipo, is there a guide for new users?"

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.
Deal Newbie Deal Newbie
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Screenshot20231119215204Excel

it's for educational purposes only.

Deal Cadet Deal Cadet
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Which 1 is good buy for short term ?

Helpful Helpful
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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)

Deal Cadet Deal Cadet
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Mr.Blackhearted wrote:

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)

why not 10.
Need to learn
Beacon Beacon
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int86 wrote:
why not 10.
Need to learn

With tcs, you get atleast 1 share bought back, so it makes sense to apply from multiple accounts to get multiple accepted.

Budding Star Budding Star
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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%)

Benevolent Benevolent
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Demon_slayer wrote:

With tcs, you get atleast 1 share bought back, so it makes sense to apply from multiple accounts to get multiple accepted.

A question, Tata Technologies gmp is 340-350 but ipo is 15000 for 30 shares which means 500 price per share? + @Jarvis.-.
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