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

1864°
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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Beacon Beacon
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kukdookoo wrote:
A question, Tata Technologies gmp is 340-350 but ipo is 15000 for 30 shares which means 500 price per share? + @Jarvis.-.
Yes, 500 or slightly less.
Benevolent Benevolent
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Demon_slayer wrote:
Yes, 500 or slightly less.
This is my doubt paji, how is gmp less than ipo price? And is 15k including all taxes?
Beacon Beacon
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kukdookoo wrote:
This is my doubt paji, how is gmp less than ipo price? And is 15k including all taxes?

OK you need understand that gmp is over and above the ipo price. I.e, if the share price is 500 and gmp is 350, the listing of the share will be 850.

In simple terms the gmp is your profit or loss.

Ipos don't attract taxes. You don't need to pay any. Same goes for buybacks.

Benevolent Benevolent
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Demon_slayer wrote:

OK you need understand that gmp is over and above the ipo price. I.e, if the share price is 500 and gmp is 350, the listing of the share will be 850.

In simple terms the gmp is your profit or loss.

Ipos don't attract taxes. You don't need to pay any. Same goes for buybacks.

thanks paji

Oops, You cannot give karma again right now

Ipos don't attract taxes. You don't need to pay any. Same goes for buybacks.

no no i meant is 15k inclusive of gst, stt etc.?

can one apply for multiple lots via one pan and account?

Beacon Beacon
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kukdookoo wrote:

thanks paji

Oops, You cannot give karma again right now

Ipos don't attract taxes. You don't need to pay any. Same goes for buybacks.

no no i meant is 15k inclusive of gst, stt etc.?

can one apply for multiple lots via one pan and account?

I don't think taxes are levied, Maybe it is included in the price itself in the way of the listing company paying for them. But the investor doesn't pay taxes on top of the ipo price.

Yes you can apply for however many lots you want in appropriate category(retail, shni etc.,).

Benevolent Benevolent
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kukdookoo wrote:
A question, Tata Technologies gmp is 340-350 but ipo is 15000 for 30 shares which means 500 price per share? + @Jarvis.-.
yes
Cool Cool
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From which app you guys are applying IPOs

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

Yes per share 

Deal Lieutenant Deal Lieutenant
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suplex_city wrote:

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

Ping me when the buy back is starting. Thank you. It can be tendered online using Upstox?

Deal Subedar Deal Subedar
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IREDA is already subscribed fully under retail quota, any point applying more than one lot or it will just be unnecessary blocking of money?

Deal Lieutenant Deal Lieutenant
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Demon_slayer wrote:

OK you need understand that gmp is over and above the ipo price. I.e, if the share price is 500 and gmp is 350, the listing of the share will be 850.

In simple terms the gmp is your profit or loss.

Ipos don't attract taxes. You don't need to pay any. Same goes for buybacks.

GMP is likelihood of listing price, not necessarily that the opening/listing will be at this price. It may be up or down. IPO apply, allotment do not attract tax, but on sale due taxes are to be paid and STCG or LTCG depending on the timeframe of holding of the stock until you sell.

Deal Lieutenant Deal Lieutenant
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rak007 wrote:

IREDA is already subscribed fully under retail quota, any point applying more than one lot or it will just be unnecessary blocking of money?

Retail, whether you apply 1 lot or more upto 2 lac, all will have to face lottery for allotment, hence apply only for 1 lot.

Deal Subedar Deal Subedar
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adithyanayar wrote:

Retail, whether you apply 1 lot or more upto 2 lac, all will have to face lottery for allotment, hence apply only for 1 lot.

Ok but if is > 100% subscribed in retail quota, won't everyone who applied get 1 lot at least and some won't even get anything. But if someone applied 13 lots, still their chances of getting the IPO is either maximum 1 lot or nothing.


Am i right?

Beacon Beacon
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rak007 wrote:

Ok but if is > 100% subscribed in retail quota, won't everyone who applied get 1 lot at least and some won't even get anything. But if someone applied 13 lots, still their chances of getting the IPO is either maximum 1 lot or nothing.


Am i right?

Yes

Beacon Beacon
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adithyanayar wrote:

GMP is likelihood of listing price, not necessarily that the opening/listing will be at this price. It may be up or down. IPO apply, allotment do not attract tax, but on sale due taxes are to be paid and STCG or LTCG depending on the timeframe of holding of the stock until you sell.

Yes, was just providing context that gmp is not listing price.
Deal Lieutenant Deal Lieutenant
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rak007 wrote:

Ok but if is > 100% subscribed in retail quota, won't everyone who applied get 1 lot at least and some won't even get anything. But if someone applied 13 lots, still their chances of getting the IPO is either maximum 1 lot or nothing.


Am i right?

Retail category all will be treated equal for consideration. The higher number of lot per application will be helpful only for overall subscription being less, then each lot will get additional shares as per the lot. In simple words, it is better to go for 1 lot and try ur luck. All the best.
Budding Star Budding Star
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Latest GMP Update:

Tata: 355 (IPO Price 500)

IREDA: 7.75 (IPO Price 32)

Gandhar: 65 (IPO Price 169)

Flair: 67 (IPO Price 304)

Fedbank: 4 (IPO Price 140)

(As heard from various Brokers and Social Media)

In which IPO are you planning to apply ?

Budding Star Budding Star
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@Rosh_0007

Can add poll to this 

Which ipo are you applying?

Not able to add the poll to this thread 

Deal Cadet Deal Cadet
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adithyanayar wrote:

Ping me when the buy back is starting. Thank you. It can be tendered online using Upstox?

If i purchase TCS today, then will i be eligible for buyback please confirm? Thanks

Deal Lieutenant Deal Lieutenant
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guru_hot wrote:

If i purchase TCS today, then will i be eligible for buyback please confirm? Thanks

Technically, if u hold TCS Shares as on 25 Nov, u r eligible for buyback, but the ratio of eligibility will be known only after that. For eg, if u r holding 20 tcs, they may allow only 1 share for buyback. It is not that u buy 1, 5 or 20 and u can tender all for buyback. It depends on the ratio.
Deal Cadet Deal Cadet
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If we have applied by the share holder quota  .. Do we have more chances to get allotments than retail?  @suplex_city

Budding Star Budding Star
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aakash2020139 wrote:

If we have applied by the share holder quota  .. Do we have more chances to get allotments than retail?  @suplex_city

Better to apply in retail quota

As there is more chance of allotment

If you have sufficient funds then apply in Retail and share holder quota

I will apply in both retail and shareholder quota for Tata

Deal Cadet Deal Cadet
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Are tata motors dvr shareholders eligible under tata technologies 10% category?

Hunk Hunk
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Demon_slayer wrote:
"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.

nice

Deal Newbie Deal Newbie
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suplex_city wrote:

Latest GMP Update:

Tata: 355 (IPO Price 500)

IREDA: 7.75 (IPO Price 32)

Gandhar: 65 (IPO Price 169)

Flair: 67 (IPO Price 304)

Fedbank: 4 (IPO Price 140)

(As heard from various Brokers and Social Media)

In which IPO are you planning to apply ?

So, 355 is the profit here, ryt ?
For tata

Critic Critic
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suplex_city wrote:

Better to apply in retail quota

As there is more chance of allotment

If you have sufficient funds then apply in Retail and share holder quota

I will apply in both retail and shareholder quota for Tata

After you sure or just a theory?
And This applies for tata, ireda, everything?

Can you explain detail why shareholder + retail is better than shareholder + hni?

Budding Star Budding Star
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Generally, I don't sale IPO shares from reputated, old and well known companies with good management..

I suggest everyone not to sell shares in pre opening, keep them with you like a FD... like everyone I am also not so lucky in getting IPOs, but whatever I got, I keep it in my portfolio:

Screenshot20231122075250moneycontrol

Deal Newbie Deal Newbie
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VACCINE wrote:

Generally, I don't sale IPO shares from reputated, old and well known companies with good management..

I suggest everyone not to sell shares in pre opening, keep them with you like a FD... like everyone I am also not so lucky in getting IPOs, but whatever I got, I keep it in my portfolio:

Screenshot20231122075250moneycontrol

Agree... Look for good ipo and keep invested long term

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