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 Welspun Corp Limited shares at ₹134 and buyback offer price is ₹140, you can get ₹6 per accepted share. If you hold 1493 shares of Welspun Corp Limited and if proportionate acceptance is between 33% and 50%, in such case you are eligible to sell your 493 to 746 shares with the gain from buyback of ₹2958 to ₹4476.
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% | 493 | ₹2958 |
50% | 746 | ₹4476 |
75% | 1120 | ₹6720 |
100% | 1493 | ₹8958 |
Zerodha Trade@20
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