FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

How much I can make with Greaves Cotton Ltd buyback offer?

Its all depend on acceptance ratio which usually announce with Letter of Offer. Lets assume if you have Greaves Cotton Ltd shares at ₹148 and buyback offer price is ₹175, you can get ₹27 per accepted share. If you hold 1351 shares of Greaves Cotton Ltd and if proportionate acceptance is between 33% and 50%, in such case you are eligible to sell your 446 to 676 shares with the gain from buyback of ₹12042 to ₹18252.

The percentage of proportionate acceptance varies from company to company. This percentage can be also 100% which means that company buys all of your shares.

Greaves Cotton Ltd Buyback Profit Calculation

% Share AcceptedNo of Shared AcceptedGain from Buyback Offer
33%446₹12042
50%676₹18252
75%1013₹27351
100%1351₹36477
Answered on

I Like It. 5

  1. The Pioneer Discount Broker
  2. Get 100% Free Delivery Trading
  3. Free Direct Mutual Funds & SIP

User Reviews