Mindtree L&T offer - How can I participate

#1

I know today is the last day for the offer from L&T to buy mindtree shares. How can I participate in this (offer my units) through Zerodha?

#2
#3
#4

How have yo done his via console as I cannot see the listing for Mindtree there

#5

Kindly go through the link and my answers to the linked question asked by a zerodha CLIENT. how to participate is not answered by Zerodha .

#6

@siva

#7

Today itself on last day BY 11.50 am around 25 lakh shares have been offered ( 24 lakh 99106 to be exact ).

#8

I had raised a support ticket for Zerodha team and they reply back saying the Buy Back is not open …This is strange and confusing!!!

#9

May be because it is already oversubscribed

#10

TOTAL quantity tendered TODAY only today by 12 .13 pm is 29 lakh 57 916 in this OPEN OFFER (not buyback ).

#11

in open offer everybody who offered is guaranteed acceptance on proportionate basis even if the offer get oversubscribed .
the likely acceptance ratio is 80.78% if unconfirmed quantity at 3.30 pm is also taken in account . the ratio may increase if this quantity which is" yet to be confirmed " do not get confirmed AND any additional quantity is allowed to be retained as per rule.
@vikashjain @skkediaa @dheeraj

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