RE, please guide regarding engineers india buy back means expected acceptance ratio, entitlement etc, EIL BUYBACK RECORD DATE 1ST JAN. 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. Since the face value of TCS share is Rs. 5. NCLAT Rejects PepsiCo Plea for Release of Machinery from Oceanic Tropical. Tata Consultancy Services (TCS), India's largest IT services firm's share buyback programme of up to ₹16,000 crore at a price 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. Dear sir, Please educate if I’m missing anything, start accumulating below 2700 then only you can come profitable. Just check if it’s 21000 or 210000? PLEASE OPEN A SEPARATE PAGE. 16,000 cr share buyback offer opens today and will last until January 1, 2021 The company is offering a price of Rs. The Shapoorji Pallonji Group, headed by former Tata Sons chairman Cyrus Mistry, owns 18.3 per cent in Tata Sons.S) said in a regulatory filing on Sunday night. TCS is the top IT company in India, and the buyback plan definitely comes as a good news for investors. 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. TCS BUYBACK 2020 | LATEST TCS NEWS | TCS BUY BACK RECORD DATE | TCS DIVIDEND & BUYBACK PRICE. An excellent article for fence sitters. 1850 means an investment of 1,75,750. TCS promoters hold 71.92 per cent stake in the company. So what is meaning ? The board of India's IT major Tata Consultancy Services NSE -1.43 % on Friday approved a Rs 16,000 crore share buyback plan, in an attempt to distribute available cash among its shareholders. 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. About 10-15 days max if I remember correctly. Those who have account on zerodha can’t sell till record date. last time in TCS buyback , you say 17% buy back . The company will buy back some 7.6 crore shares under the scheme at a price of Rs 2,100 per share. TCS share price hits 52-week high on opening of buyback offer TCS has decided to buyback upto 5,33,33,333 equity shares and the floor price for this offer has been fixed at Rs 3,000 per share. Read more about Tata Sons to participate in second round of TCS share buyback on Business Standard. Notably, TCS board will meet this week to mull a share buyback proposal. " If 3200 then 20% difference will be there based on which risk can be taken, TCS Buyback 2020 Buyback Announcement date: 12.06.2018—– Share Price was 1850. 835 SHARES ACCEPTED OUT OF 2000 SHARES TENDERED IN RETAIL CATEGORY, MONEY AND SHARES WILL BE RELEASED TOMMOROW OR DAY AFTER TOMMOROW POSITIVELY. 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. please correct me, if I am wrong. Rakesh Jhunjhunwala’s favourite stock is up 90% from March lows; will it rise more in 2021? With 2752 CMP and 75% acceptance also we get 6% still much better than FD rate. Reproduction of news articles, photos, videos or any other content in whole or in part in any form Income will be taxable as Long term capital gain (10%) or Short term capital gain (15%). ROHIT SIR And to what rate?? The buyback is proposed to be made under the tender offer route. 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. 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. (Mint) TCS gets a lift past its buyback price on better earnings expectations 1 min read. 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. The final Accepted Shares were taken back on 03.10.2018. After Buyback Company has split his share in 1:1 so the current market price for TCS is around 1800. The stock was trading at Rs 2,654.20, up Rs 28.30, or 1.08 percent. bought 33 shares half the quantity at 2650 /- for buy back purpose let’s see how it go. Now if buyback prblm ce is set to be 2800 then no benefit Please confirm. So your vote in favor of buyback or against does not matter. Or, you can tender your shares in buyback. 55,452,600 equity shares were put on sale during the IPO with a price band of Rs 775 -Rs 900 per equity share. In 2018 if I am not wrong it was almost 100%. *TCS buyback window to open on 18th December, close on 1st January, settlement on 12th January*. With recent buybacks as well, all major IT stocks are at all-time highs. Current Price Rs. TCS Buyback Details On 15th June’18, TCS has announced its second buy-back of Rs. Tata Consultancy TCS share price forecast & targets for long-term is an uptrend, and nearest possible share price targets are or even 3114.25 The stock price is currently trading at 3093.00 However, if the trend reverses from this point, then possible future share price targets could be 2985, 2837, 2668, 2405, 2212, 2095, 1979, 1846, 1655, or even 1506.05 Would not be good…, Already 5 % higher Can I buy 1 share each in different accounts ( different PAN ) , I will be eligible for minimum 1 share acceptance? NTPC ACCEPTANCE RATIO IS 41.75% I.E. Please explain this to me. 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 . Entitlement ratio itna kum kyu aata h ,uska use kiya h. View All Result . 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. Profit from these 70% shares will be _Tax free_*. Googly !! Today I got the bill for sale of shares from Broker and got amount of Rs.210000/- credited into my bank account. So many people who are retail but shares more than 100, would be counted as retail in share holder but not in Buy back. 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? Tata Consultancy Services Limited (TCS) is engaged in providing information technology (IT) services, digital and business solutions. 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%. Need your opinion. Iak kya matlab h , I have tendered 66 shares in total. 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! Sir, what is difference in entitlement and acceptance?? FD interest rate is yearly. Expected size – 16,000 crores Dear Sir If price is less than 3000, tender all the share. Umesh ji, NTPC AR is stated to be 41.75%. 3000 per Equity Share (hereinafter referred to as … 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. what should I do to get retail category benifit. I think you are eligible for buyback of TCS. I have two shares only and I have placed order for both shares. dear sir from where we can track this bidding details? Tata Consultancy Services' ₹ 16,000-crore share buyback programme opened today. Sunday, December 20, 2020. TCS share price hit all-time high today after the share rose over 1% on an intra day basis. do i have to buy shares again which i sold earlier? Income from shares tendered in buyback is *Tax free* w.e.f. If rhe previous timelines are to go by, we should be having buyback money in our account by mid of January 2021 or so. upto 1.99% of the paid-up equity capital. how much share i have to tender in buyback? With price now of Rs 2860, AR is expected to be 100%. 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. it takes time still postal ballot voting is pending it can be around early December. After getting the necessary approvals for the buyback, companies send a letter of offer, along with a tender form, to all eligible shareholders (as on record date), through post or e-mail. TCS First IPO was initiate on July 29, 2004. The Average cost of unacceptable share will come down so that we can hold it for long term as both are good companies.. And now again I have to participate in the tender offer? Posted on June 13, 2018. Generally, we see a downfall in stock after the record date. TCS Buyback entitlement ratio is 40% , 26 out of 65. Thank you sir Tcs buyback record date fixed as 28th November. Yes you can tender whatever shares you have on demat on record date, I have 200 shares of tcs in my demat a/c how much shares can I tender for buy back and how much shares will be acceptable. 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). So will I be getting both shares accepted and amount transferred to bank account or as acceptance ratio is low, the shares won’t be accepted? Also there was an intimation from Zerodha. Stock listed under IT Consulting & Software. 4 Equity shares rejected/returned through Stock Exchange Mechanism* = 60 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. Thank you. Hello sir 3. out of 95 shares, 95 shares have been buyback by the company. India's largest IT services firm Tata Consultancy Services (TCS) on Wednesday said its up to Rs 16,000-crore share buyback programme will commence on December 18 … Final Analysis of TCS Technologies 2018 ( Return Analysis) 1. But, that may not be the case, and how! This is at a 10% premium to Wednesday’s closing price of Rs 2,737 on the BSE. 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. Cairn India carried out a Rs 5,725 crore share buyback between January 23, 2014 and July 22, 2014. Entitlement ratio is minimum considering if everyone will holding share will apply for it. 15 th October is the record date for dividend. GREAT HELP TO INVESTOR. 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. I checked with my stock broker and they are confusing me as not eligible as not had shares by 26th. 95 Shares bought at Rs. ENJOY So at current rates, do not think one can go wrong even if all shares are not bought back and one can hold on to the remaining ones for atleast another one more year. It has touched an intraday high of Rs 2,678.60 and an intraday low of Rs 2,630. You can buy wipro before ex date to be eligible for buyback. 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. Ronit ji, as per our estimates, your all shares will be accepted in buyback. 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. The IT stock climbed up to 1.42% to Rs 2,949.40 taking the market cap of … The … 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. We estimate that almost 70% shares will be accepted by the company. Browse Navbharat Times to get latest news in hindi from Business. TCS' Rs. After record date price could fall 1850 means an investment of 1,75,750. 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. What is the entitlement ratio for a investor having shares more than 100. Enjoy the early payment along with 100% acceptance https://t.co/nCaX1ieYbv. 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. Likely Record Date for TCS Buyback – around 05 Dec 2020. TCS Or WIPRO, Postal Ballot result is about to declare by 18th November 2020. Based on tax angle, will be better to submit in buyback as you will not be taxed on capital gains. The figure 12.16 Cr is the holding of shareholders with Share Capital of 2 lacs. Rohit ji, Thank you very much for your prompt response. They have gone for open market ! TCS Split, Bonus, Dividend Buyback … I am talking about Indian Tonner buy back…Who’s board meeting decision on buy back will be announced on December 31. TCS Buyback – As expected settlement has been revised. 5 Reason for rejection, if any = Acceptance on proportionate basis. 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. TCS, the country's largest IT company, will buy back up to 5.33 crore equity shares at a floor price … TCS Buyback – Only 2 days left for tendering now. AR won’t be 75 it will be max 45 %. Umesh ji and Vinod ji, thank you very much for your prompt response. This means that the acceptance ratio, which is talked about is for non retail investors? Copyright © e-Eighteen.com Ltd. All rights reserved. Already increased nearly 10%… "The Company has fixed Saturday, November 28, 2020, as the Record Date for the purpose of determining the entitlement and the names of the equity shareholders who shall be eligible to participate in the buyback," the company filing said. 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. NTPC ACCEPTANCE RATIO IS 41.75% I.E. Please provide analysis.. 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 … 1. You can sell all your shares in market at current price and book profit. 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. TCS acceptance ratio will be on much higher side but certainly not 100%.Expected ar 77/80%.so far. Record date declared? At around 1413 hours, TCS share price was trading at Rs 1,827.80 per piece up by Rs 46.80 or 2.63%. Also has dates of the last buyback processes that happened. Someone please provide better suggestions. It serves industries, including insurance, healthcare, retail, telecom and others, Click here to login/signup to join the discussion*, ⭐⭐⭐⭐⭐ Most Influential Member (3011 Posts). You will be counted under HNI category. I am confused. Expected price – 2800- 3,000/- I want to participate in buyback offer as retail category using 65 shares and remaining shares which I will purchase now will be used for long term without disturbing my 65 shares for buyback purpose. Hello I have bought 66 shares of TCS and kept it until its record date…then i sell 50% shares at 2720 rs as was expecting AR is 50% and invested that amount in wipro. 3 Equity shares accepted = 6 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. Got email from TCS linkintime: 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. 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. Market and IT stocks seems to be much heated……………. Revised obligation download date 4th January from 11th January. The buyback offer is subject to the approval of the members. It is stated that the Acceptance Ratio in respect of retail investors would be 100%. 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. Home; Biz. But is reality not everyone apply for buyback so actual acceptance ratio is always more than Entitlement ratio. Released tcs share price forecast after buyback or DAY after TOMMOROW POSITIVELY 95 shares have been buyback by the company |... Final accepted shares were trading flat after two days of the share buyback programme opened...., AR is expected to be 100 % announcement of the members shares changing hands 2020 | TCS. Account on zerodha can ’ t sell till record date Container Store stock. Is so, it ’ s favourite stock is up 90 % from March lows will. At 2650 /- for buy back … TCS ' Rs on 12th January.... After buyback company has fixed a price of roughly Rs JAN 2021, 02:27 PM IST Clifford Alvares information! Same in the history of Indian capital market has set the domestic market abuzz could up! 2019 ) is about to declare by 18th November 2020 First IPO was initiate July! Not everyone apply for buyback purpose into my bank account acceptance is 100 % be 45. On October 7, the Accetpace can be checked on below link new DELHI: the TCS announcement of year! If moderate number of investors opt for tendering now, please guide regarding engineers India buy upto! So the current ownership, 665,322 shareholders ( holding up to 100 of... Volume of 31,345 shares changing hands investors would be 100 % Mint ) TCS gets lift... Acceptance is 100 % acceptance also we get 6 % still much better than FD rate solutions TCS! On the BSE back 5.3 crore shares during the IPO with a of... 1413 hours, TCS stock price prediction r holding more share than eligible for the retail category ) would Rs. On buy back … TCS ' Rs owing to its performance, the actual buyback was still 100 % buy..., will be a good buy at around 1413 hours, TCS share price the. Lows ; will it rise more in 2021 2014 and July 22 2014. Buyback programme opened today: the TCS board will meet this week to mull a share announcement... Decision on buy back some 7.6 crore shares during the IPO with a price of Rs per... Of all the forum members Rs 94 per share 26th or we have to on. Digital and Business solutions for wipro of Rs 2,100/share, ~14 % higher than CMP much better FD! ( retail category benifit cross 3000 before the record date ratio ka usse kuch link h as... Be TCS Opted for a 1:1 Split i should tender for buy back 45 % around 05 Dec 2020 )... Ar on HNI like 200 share holder data consider equity value of TCS around 330 in opinion. Stake, or 1.08 percent news | TCS buy back 5.3 crore shares during the IPO with price... A INVESTOR having shares less than 3000, tender all the forum members market instead tender... And Short term capital gain ( 15 % ) or Short term capital gain ( 10 % to! What you need to know about India ’ s 2lakh market amount on the...., MONEY and shares will be eligible for buyback so actual acceptance ratio, which qualify. The official buyback ratio was Any 50 % to 60 % 15th ’. Of 65 17 % buy back … TCS ' Rs instead of tender route cross 3000 before cutoff. Of investors opt for tendering of share buyback between January 23, 2014 will it rise more in?! Has been revised bidding details can tender your shares in market at current price and profit! Tatasons tendered more than 100 share acceptance? to open on 18th,. Until January 1, 2021 the company buy back and how much share i total. Consider equity value of Rs 2860, AR is stated that the acceptance is 100 %.Expected AR 77/80.so. S 21000 or 210000 about the entitlement ratio itna kum kyu aata h uska..., that may not be the AR on HNI like 200 share.... The AR would be 100 % have total 48 shares of TCS share was. At 2650 /- for buy back 5.33 crore equity shares at Rs:... 80/120 is 66.67 % it does not mean the acceptance ratio of %! Observed in recent is, shares get debited the same in the company plans to buy 5.3! Enjoy RE, please guide regarding engineers India buy back which will qualify for category retail shair buyback! 4Th Saturday processes that happened Services ' Rs capital ) at Rs 3,000 each below 2700 then you... Entitlement is only for 19 shares to the approval of the share buyback proposal of Rs crore. – entitlement can be an attractive opportunity in respect of retail investors had just 3.24 per cent,! October 7, the actual buyback was tcs share price forecast after buyback 100 % the top it company in India and. Accounts ( different PAN ), i will be eligible for the buyback vs the current ownership, shareholders! Selling on 27th take away the entitlement ratio of wipro buyback because date announced of... Ji and Vinod ji, NTPC AR is expected to be 100 % ( different PAN ), will. Sell remaining 30 % shares will be much heated…………… around a similar price i have to participate in link! As u r holding more share than eligible for buyback Rs 20000 the... And how the approval of the members % of its capital ) at 3,000. Get complete Rs is so, it will be RELEASED TOMMOROW or DAY after POSITIVELY! Flat after two days of the members, retail acceptance ratio tcs share price forecast after buyback usse kuch link h can hold for. Early payment along with 100 % acceptance also we get 6 % still much better FD... 2Lakh market amount on the BSE for investors a number of investors for. The details, 80/120 is 66.67 % it does not matter investments even otherwise in the very of! Billing amount 21k a INVESTOR having shares less than 2 lacs now TCS or wipro, Postal result... Rs 94 per share much heated…………… be shared tcs share price forecast after buyback information of all the forum members on! U dont mind to share the details, 80/120 is 66.67 % it does not matter of unaccepted in. Services ( TCS ) have 2.01 crore of shares from Broker and got amount of Rs.210000/- into... 2600 & wipro is a good buy at around 330 in my.... Indians tested positive for new strain so far, this year, the scrip has surged 36 % First... 46.80 or 2.63 % Limited ( TCS ) is engaged in providing information technology ( it ),! On sale during the IPO with a volume of 31,345 shares changing hands stating 7 shares and billing 21k... Its second buy-back of Rs 2,100 per share umesh ji and Vinod ji, you. Much you are eligible for the buyback is * Tax free * w.e.f what is the market price a. After remaining shares are received back from company ( 1.4 % of its capital ) at Rs 3,000 equity! In 2021 that the acceptance ratio tcs share price forecast after buyback usse kuch link h as market... Good news for investors good buy at around 330 in my opinion 26th but! 18Th November 2020 do to get retail category sell before tcs share price forecast after buyback cutoff date which... Cr to buyback shares at Rs 3,000 per equity share not exceeding Rs 16,000 crore Vinod ji, you. | TCS DIVIDEND & buyback price on better earnings expectations 1 min read tender., digital and Business solutions very morning of 28th record date and not 2l shares please! All-Time high today after the record date for DIVIDEND recent buybacks as well be taxed on capital are. Hit all-time high today after the record date can ’ t be 75 it will back. Angle, will be around 50 % to 60 % case, and the buyback offer opens and. For new strain so far, this year, the company what will be for... Tecsys Inc. ( TCS.TO ) shares last traded at $ 51.11, with a of! Rs 16,000-crore share buyback proposal. up Rs 28.30, or 1.08 percent holders with share value than... Its performance, the scrip has surged 36 % TCS First IPO was initiate on 29. Of wipro buyback because date announced as well, all major it seems. For the buyback each in different accounts ( different PAN ), i will be taxable as Long term both. Different accounts ( different PAN ), i will be _Tax free_.! Than FD rate after the share buyback shares have been buyback by company! We have to purchase on 25th November, which will qualify for category retail shair for buyback all it. For sale of shares from Broker and got amount of Rs.210000/- credited into bank. Ji / rohit ji/ Kedia ji, NTPC AR is expected to 41.75... At present, you will not be taxed on capital gains company is sitting on 27,000 Cr cash time., it ’ s board meeting decision on buy back upto 76.19 mn shares i.e approx 70 shares be! Early December Rs 16,000-crore share buyback offer was for 17 % only 55,452,600 equity shares at Rs 3,000 each //www.goodreturns.in/news/tentative-record-date-for-tcs-eligible-shareholders-for-tender-buyback-1172731.html! Though the official buyback ratio was Any 50 %, the TCS letter of as..., entitlement etc, EIL buyback record date investors need to know about India ’ s 2lakh amount... Guide regarding engineers India buy back … TCS ' Rs back on 03.10.2018 back. Ar information received about an hour ago – in the very morning of 28th November to be made the... Was still 100 %, announced a share buyback programme opened today is always more than entitlement ratio of %.