FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Its all depend on acceptance ratio which usually announce with Letter of Offer. Lets assume if you have KPR Mill shares at ₹600 and buyback offer price is ₹702, you can get ₹102 per accepted share. If you hold 333 shares of KPR Mill and if proportionate acceptance is between 33% and 50%, in such case you are eligible to sell your 110 to 166 shares with the gain from buyback of ₹11220 to ₹16932.
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.
% Share Accepted | No of Shared Accepted | Gain from Buyback Offer |
---|---|---|
33% | 110 | ₹11220 |
50% | 166 | ₹16932 |
75% | 250 | ₹25500 |
100% | 333 | ₹33966 |
Zerodha Trade@20
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