tender route · Source: SEBI
Outcomes at three acceptance ratios. Acceptance depends on total tendering and is not knowable in advance.
Illustrative for a holding of 1,000 shares tendered at ₹404. Acceptance ratio depends on total tendering and is not known in advance; these are conditionals, not forecasts.
| Scenario | Acceptance | Accepted | Retained | Proceeds |
|---|---|---|---|---|
| Low acceptance | 15% | 150 | 850 | ₹60,600 |
| Base acceptance | 40% | 400 | 600 | ₹1.62 L |
| High acceptance | 100% | 1,000 | 0 | ₹4.04 L |
Retained shares stay invested in the company. CapitSignal does not value them here, because that would require a view on the post-buyback share price.
When promoters tender alongside public shareholders, the acceptance ratio available to public holders falls.
No interpretation yet
Affordability, capital-allocation quality and promoter participation appear once the analysis layer has read the filing.
Deterministic arithmetic over the extracted facts. Informational, never advice.
As stated in the offer document, against the closing price it names. Not recomputed against a current market price.
Shares sought divided by shares outstanding.
Assumes the buyback is taken up in full. If it is not, fewer shares are extinguished.
Shares sought x price, against the aggregate the document states. A large gap means a figure was read from the wrong place.
| If this % of eligible shares tender | Acceptance ratio |
|---|---|
| 25% | 10.28% |
| 50% | 5.14% |
| 75% | 3.43% |
| 100% | 2.57% |
Illustrative. Acceptance depends on how many shares are actually tendered, which is not known until the offer closes.
Informational analysis of a buyback — not investment advice; no guarantee of acceptance or returns.
The filings this analysis is built from.