How can I apply for a Buyback on FYERS?
At FYERS, you can apply online for a share Buyback if you hold the eligible shares in your Demat account on the specified record date. You can submit the Buyback application directly from your holdings on FYERS Web and App.
The online Buyback process helps you place your Buyback request conveniently without any offline paperwork.
On FYERS App
Steps to apply for a Buyback
- Go to Portfolio
- Click on Holdings to view the securities available in your Demat account.
- Locate the stock for which the Buyback is open.
- Click on the eligible stock to open the overview screen. Locate the Apply Buyback option at the bottom of the screen, above the Buy and Sell buttons.
- Review the Buyback details, such as the Buyback price and eligible quantity.
- Enter the number of shares you wish to apply for the Buyback.
- Click on Apply Buyback to submit your request.
- A confirmation message will be sent once the buyback request has been submitted successfully.
On FYERS Web
Steps to apply for a Buyback
- Go to Portfolio.
- Click on Holdings to view the securities available in your Demat account.
- Locate the stock for which the Buyback is open.
- Hover over the eligible stock to view the Apply Buyback option directly. Alternatively, click on the symbol to open the stock overview panel on the right-hand side, where the Apply Buyback option is also available.
- Select Apply Buyback from the available options.
- Review the Buyback details, such as the Buyback price and eligible quantity.
- Enter the number of shares you wish to apply for the Buyback.
- Click on Apply Buyback to submit your request.
- A confirmation message will be sent once the buyback request has been submitted successfully.
Once the request is submitted successfully, you will receive a confirmation message stating that your Buyback request has been placed.
What if...
| Scenario | Solution |
|---|
| What if I cannot see the Apply Buyback option? | The stock may not be eligible, the Buyback window may not be open, or you may not hold eligible shares for the Buyback. |
| What if I do not hold the shares on the record date? | Buyback request will be rejected. |
| What if I have T1 holdings? | T1 holdings are not eligible for Buyback. You can apply only once the shares are fully settled and available in your Demat account as eligible holdings.
|
Related Articles
Why am I unable to apply for a Buyback on FYERS?
You may not be able to apply for a Buyback on FYERS if the Buyback is not supported on the platform, the application window is inactive, or your holdings do not meet the eligibility criteria. FYERS allows clients to apply only for Tender Offer ...
How can I modify a Buyback request on FYERS?
At FYERS, you can modify your Buyback request before the Buyback window closes, provided the request is still in Pending status and has not been processed. The modification can be done either from the Buyback Order Book or directly from Holdings, ...
Does FYERS charge any fee for submitting shares in a Buyback offer?
FYERS does not charge any platform fee or participation fee when you submit eligible shares for a buyback offer. This helps shareholders tender their shares without paying an additional FYERS-imposed transaction fee for participating in the buyback. ...
What is a Buyback of shares?
A Buyback is a corporate action where a company repurchases its own shares from existing shareholders, usually at a price higher than the prevailing market price. Companies generally announce Buybacks to reduce the number of shares available in the ...
Can I cancel my Buyback order on FYERS?
Yes, you can cancel a Buyback order on FYERS, provided the request has not been processed. Cancellation is allowed only if the Buyback request is still in Pending status and the Buyback window is open. You can cancel the request either from the ...