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Avonmore Capital Buyback 2022

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FAQs

The Record Date for Avonmore Capital & Management Services ltd Buyback offer has not been announced yet.

 

Its all depend on acceptance ratio which usually announce with Letter of Offer. Lets assume if you have Avonmore Capital & Management Services ltd shares at ₹83 and buyback offer price is ₹95, you can get ₹12 per accepted share. If you hold 2410 shares of Avonmore Capital & Management Services ltd and if proportionate acceptance is between 33% and 50%, in such case you are eligible to sell your 795 to 1205 shares with the gain from buyback of ₹9540 to ₹14460.

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.

Avonmore Capital & Management Services ltd Buyback Profit Calculation

% Share AcceptedNo of Shared AcceptedGain from Buyback Offer
33%795₹9540
50%1205₹14460
75%1808₹21696
100%2410₹28920

 

Steps to participate in Avonmore Capital & Management Services ltd buyback:

  1. On Record date (Not Yet Announced) you must have share of Avonmore Capital & Management Services ltd in your demat account/physical form. Depositing of share in your DP account usually take T+2 days, so you need to plan your buying accordingly.
  2. After that company announces buyback open and close window, so you need to tender your share in buyback process. You can do this online or contact your broker to tender your share in buyback, so he can place a request on your behalf.
  3. Next step is with registrar - depend on buyback acceptance ratio, your shares will be sold in buyback process and fund will directly debited in your bank account. Any rejected share will be revert in your demat account which you can sell in open market or hold for long term gain.

 

Share holders who hold less than 2 lakh worth of shares are consider in Retail Category. All others will consider in General Category. Last trading price on record date will be used to calculate the eligibility criteria.

 

Buyback opening date for Avonmore Capital & Management Services ltd: Not Yet Announced

Buyback closing date for Avonmore Capital & Management Services ltd: Not Yet Announced

This is the window when you need to submit your application for proposal for share buyback. If you are submitting tender forms or submitting physical share certificates, it must reach to registrar by .

 

As this is a buyback tender offer, shares are accepted in proportionate basis. Proportionate acceptance / rejection will be returned back to the eligible shareholders directly by the Registrar on or before Not Yet Announced.

 

Buyback opening date for Avonmore Capital & Management Services ltd: Not Yet Announced

Buyback closing date for Avonmore Capital & Management Services ltd: Not Yet Announced

This is the window when you need to submit your application for proposal for share buyback. If you are submitting tender forms or submitting physical share certificates, it must reach to registrar by .

 


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