Ronit Raheja

Learning Finance

[Ronit Raheja @ronit1718]

@ca_onlygain Do people invest after your each post or at the time when it was announced and trailing towards higher highs !
Dumbass

[Ronit Raheja @ronit1718]

@_kk_ramani @yogeshmantri9 Aur kya

[Ronit Raheja @ronit1718]

@ipoalert_18 @rohit_ipo @ipo_agarwal What could be the price of Wipro post settlement.. I guess it will be below 180 so loss may happen

[Ronit Raheja @ronit1718]

@DevanshSaraswa4 @ca_onlygain See his all posts he gives only random acceptance ratios without any reasonable assumption with respect to data readily available

[Ronit Raheja @ronit1718]

@anilkrgupta2 @AnilRelan4 Bought 1 share each from 45 accounts already for Buyback purpose

[Ronit Raheja @ronit1718]

@Pratibhagup1986 @ca_onlygain Good for us ..thank you. I hope 90% applications get cancelled except mine

[Ronit Raheja @ronit1718]

@share_buyback I haven't received my buyback proceeds yet ..did anyone got ??

[Ronit Raheja @ronit1718]

@share_buyback @grok As per letter of offer , total shares held by retail(small) shareholders is around 45 crores on record date so your calculations become void ab initio.. Moreover , 68.2 crores shares includes a larger chunk of Non retail shareholders.

[Ronit Raheja @ronit1718]

@ramkuma18536181 @share_buyback It is impossible as today only 20 crore shares were tendered..going by this my estimate is total shares that would be tendered is 125-130 crores

[Ronit Raheja @ronit1718]

@muthukrishnanv @share_buyback Yes I have no clarity regarding this 5 or 7 but I did placed my bid after market hours and on market holidays too..so I think bids placed on Saturday and Sunday will be flooded in Monday's bid count ..
But I pray it should be 35/2×5

[Ronit Raheja @ronit1718]

@Aayushi53229100 @share_buyback Now total shares reserved for all categories is 60 crore .
Hence 60 crore shares/ 125 crore shares = 48% acceptance on overall basis
But for retail it might differ as they hold very less portion of total equity.

[Ronit Raheja @ronit1718]

@Aayushi53229100 @share_buyback Approx. 35 crore shares were tendered in 2 days so per day shares comes out to 35/2..and buyback window is kept open for 7 days hence 35/2 ( per day shares bid) multiplied by 7 to calculate total shares that would be tendered.. ( Approx. 125 cr. Shares)

[Ronit Raheja @ronit1718]

@TheWiser7 @share_buyback But these individuals includes Shareholders holding shares >2 lakh ..breakup for which is not available..so AR should be higher than 31%

[Ronit Raheja @ronit1718]

@muthukrishnanv @share_buyback Can be done in my opinion..will be placed later on the exchange

[Ronit Raheja @ronit1718]

@world_ipo 47% Approx.

[Ronit Raheja @ronit1718]

@ipo_agarwal Infy ER was around 18.2% and Final AR 54%
So wipro's AR should be minimum 38%