How can I sell TCS shares in buyback in ICICIdirect?

How can I sell TCS shares in buyback in ICICIdirect?

For tendering shares in buyback, login to www.icicidirect.com. Go to “IPO section” and click on “Go” button of the company announcing the buyback. In case of any further queries or assistance please feel free to write to us at [email protected] or call our Customer Care number.

How can I sell my share buyback?

Tender of shares for buyback This can be done by filling up a physical buyback form and mentioning the number of shares to be tendered for buyback and the price for buyback. The minimum number of shares that can be tendered is stated in the form. The shares can be tendered online using online broking platforms.

How can I participate in buyback in ICICIdirect?

  1. When the company announces the date of Buyback, you get a Record Date.
  2. In order to be eligible for the Buyback, you need to have the shares in your demat as on the record date.
  3. Login to your ICICIdirect account > IPO/FPO/Buyback section.
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How do I sell pledged shares in Icici direct?

Do I need to inform ICICI Bank as and when I want to place a “sell” request and sell my pledged shares through my ICICIdirect Account? No. All you need to do is to simply log on at ICICIdirect.com with your user ID and password and place the “sell” request. You can place the request at any time of your choice.

How can stop loss in intraday trading in ICICIdirect?

ICICI Direct customers can place a stop-loss order in the ICICI Direct website or mobile app using the regular buy/sell order form. You just have to fill an additional field ‘Stop Loss Trigger Price’ in the order form and place the order. A stop-loss (SL) order gets activated only when the set trigger price is reached.

How can I cancel my ICICIdirect limit?

Yes, you can cancel an order any time before execution. You can do this by accessing the Order Book page and clicking on the hyperlink for ‘Cancel against the order which you wish to cancel. In case the order is already partly executed, only the unexecuted portion of the order can be cancelled.

Can I sell all shares in buyback?

Once the form is submitted, the number of shares in your demat account will be reduced by the number of shares tendered in the buyback offer and one should be able to sell off the remaining shares in the market.

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How can I sell my share buy back Infosys?

You can place a Bid for a minimum of 1 share to a maximum of the number of shares in your holding as of Record date. You’ll have to mention the number of shares you wish to tender/offer in the Buyback tender form and send a softcopy of this tender form in an email to ‘[email protected]’.

How do I cancel a margin pledge request?

Once the pledge is approved, margins will be provided against the pledged stock from T+1. Once the full fledged APIs are available, we’ll work at providing near real-time margins against pledge. To unpledge, simply visit the holdings page and request an unpledge.

Can I pledge my shares in ICICIdirect?

Select the stocks on which you want to confirm your Margin Pledge and submit. Select the final stocks you want to proceed with Pledging and click on Generate OTP Page 3 You will receive OTP on your registered Mobile number. Enter the OTP to provide your confirmation, click on submit and you are done!

How to apply for buyback of shares in ICICI Direct?

When the company announces the date of Buyback, you get a Record Date. In order to be eligible for the Buyback, you need to have the shares in your demat as on the record date. Once you are eligible to apply, the company commences the Buyback, you will be able to apply for the Buyback from ICICIdirect account by following below path:

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What is the size of TCs’s share buyback?

Current TCS buyback is also similar size which is Rs 16,000 Cr. The company has announced to repurchase 5.33 cr shares which are 1.42\% of the total paid-up equity @ Rs 3000 per share. The price of the buyback is 9.6\% premium to the previous closing day of the announcement date.

What is stock holding table in TCS?

Stock Holding table gives a clear picture on retail investor holdings of TCS shares which helps investor to decide on participating in buyback offer. The less number of retail holdings means higher chance of acceptance in buyback under retail category which is equal to higher profit.

Are your shares eligible for a buy back?

If your shares are qualified for buy back, you should get intimation and instruction to do so. Your share could be eligible for complete buy backs, partial or no buy back just like in IPO process and it is completely up to the company’s logic and your luck.

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