So what should be the Idea Cellular Price post merger?
Using Market Cap of Idea Cellular & Piramal’s Vodafone Stake sale Valuation as a basis,I would guess that Vodafone would get at least Three shares of Idea Cellular for every One share of Vodafone.This would raise Idea Cellular Equity from current Rs 3601 crs to @ Rs 14400 crs with Vodafone owning a controlling 75% stake & Birla stake dropping to under 11%
Thus assuming a post merger Market Cap Range of Rs 175000 crs to Rs 200000 crs & a post merger Equity of Rs 14400 crs,the share Price Range of Idea Cellular should be Rs 120-Rs 140
A more liberal ratio of 4:1 would drop the post merger share price towards Rs 110 .A better ratio of 2:1 would see Idea Cellular race past Rs 175
ITS GOING TO JUMP HIGHER THAN SHEELA,,,,,,,1135-1145 ON VERY FIRST DAY POSSIBLE AFTER THEY START TRADING. NON ALLOTED PEOPLE WILL BUY AT THESE LEVELS...........
1160. ammubutter| Link| Bookmark|
February 1, 2017 8:46:48 PM
Top Contributor (200+ Posts, 200+ Likes)
What price is circuit high? When sheela foam could hit circuit high........y cant BSE?
Last minute I applied 1 lot for this Ipo.i check my lucky level,by god grace luckily to get 1 lot......... thank you.......ðŸ‘ðŸ‘ðŸ‘....any one expects what is listing price.......who.guess...... reply
Applied 2 lots, got zero. Lately, not getting ANY allotments ...Quess, Endurance.... secondary market is too volatile. Anyway, targeting Mangalam Organics, PTC Finance, Kwality, Tanala Solutions, Sumeet Industries, Digam, HFCL, etc on the lower spectrum and Cadila, Rel Infra, M&M Fin, Equitas, JK Tyres, Vakrangee etc in the mid-range. Anyone got any views to share on these stocks? Please share, thanks.