FSN E-Commerce Ventures Limited IPO Message Board (Page 31)

Full force thi apply kari didhu mota bhai...

5X means?

@Ankur sir 5x means 5 times hone ka candidate hai in long term

Nope. That money will only return if you become their employee..
Resume update kar lo.

yes , your paisa shall be refunded on the scheduled unblocking day.

You can cancel the application and apply one in retail. You will receive your refund, no issues.

pls explain connection b/w face value and price

Face value is of zero relevance

MRF face value - 10rs
MRF share price - 80000rs

Share price to Face value = 8000:1



Nykaa face value - 1 rs
Nykaa share price - 1125 rs

Share price to Face value = 1125:1

overall, what matters is not share price or face value but the share value or in other words, how valuable is the share... for example, FV might be 100, but the company will have 100 Crore shares... you worth if having 1 share will be 1/100,00,00,000
Now FV might be 1, but company just have 100 shares outstanding... now your worth is 1% i.e. 1/100

Face Value was relevant when all stocks used to come at 10Rs during their ipos or 20Rs . Also, when people used to buy stocks for Dividends.
Now that time has gone.

Well explained
Fv 1=Fv 10= Fv 100=Fv 1000000000000000
So, When Fv is changed from 10 to 1 or 2 , price remains the same. Is it ?

When FV is changed from 10 to 5 or 2 or 1, the Value is the same..
Irctc before split 4000 FV 10
Irctc after split will be 800 FV 5

@ iamnimitshah
Modestly I want to say that
What Jamuna wanted to say, as I understand, is that had the FV been 10 , the price would have been 11250. Is she/he wrong ?
If she /he is wrong , then fv should be kept at 100cr
At least a satisfaction wiil be there that a fv of 100cr is available at Rs 1125 .
Thank you

@ Asoke sarkar
Just ignore FV
SEBI should do away with it

@ Ultrasnow and iamnimitshah mota bhai
No expert as yet helped you to rectify your misconception .I will not also try to do it unless asked for the same.
To understand the matter,you are to yourself find answer to the question which I have put to iamnimitshah. Take a similar question.
You have have been allocated with 12 shares of Nykaa at 1125×12 . You are the holder of face value of 12 of Nykaa. Is this statement correct ?
If this statement is wrong, I wiil not argue anymore. If this statement is correct , then one thing is clear that , had the face value been 12 the relevant price would have been 13500 and presentation of @Yamunna is absolutely correct.
Thank you

@Asoke sarkar
below is good one
Fv 1=Fv 10= Fv 100=Fv 1000000000000000

This nimit person talking anything nonsense on FV which shows his education about FV.

Can you please entertain us with your divine knowledge @spock?
I think you have done a PhD on the same.. Can you please tell me just one importance of FV?

@ Spock
I can not appreciate the language used by you. Above all we are friends in discussion. Don''t forget it.
I know that nimit is an intelligent and knowledgeable persson. He can himself find out answer to any question. I have respect for him.

@ iamnimitshah
If @ Spock does not speak as you demand , responsibility vests in me to reconcile and conclude as I have taken part in the discussion and entry of Spock is incidental.

@ iamnimitshah : litte correction in your statement: Irctc after split will be 800 FV 5 -> Irctc after split will be 800 FV 2

And for everyone, face value has no real impact on share price, market cap of company. it has not much relevance. Quantity of shares also adjusted after spilt.
So inherit/actual value of share remains same.

@Lokes,

Thanks for the correction. and also your view on FV..

In FV -10 stock there is hope that it will split in future candidate,
But here
Fv-1 it will not split further in future
Split makes more liquidity in market and push more participation (imo)

@harit: you are right but that can be done with bonus issue also, like mostly companies keep doing else no idea where share price of reliance, infosys and tcs would be now.

Much difference between split and bonus

To give a dividend FV gets considered.

@harit: for your this point: "Split makes more liquidity in market and push more participation (imo)"
Bonus will also serve that purpose, so for that i said about bonus.
Having difference in split and bonus is different thing.

@KD : Right, for dividend purpose, FV will come into consideration.
Dividend percentage is calculated based on FV, still if FV is less then also companies can give good dividend by increasing dividend percentage in thousands even, like in TCS

So moral of the story is

FV is irrelevant in today''s time..
It''s a thing of the past..

SEBI should do away with it...

@ iamnimitshah bhai
Please please please
Do not take the moral so early .
Let Spock contribute. Thereafter my turn .

Face value helps psychologically to small investors. By reducing FV, company split its market price and resulting to increase demand within small investors.

Eg. Many investors will hesitate now to buy 1 share of MRF at Rs.80000 having Face Value of Rs. 10, but if company splits its Face Value to Re 1, shares price will come to Rs.8000. Now those investors will feel comfortable to buy 10 shares at Rs 8000 or can afford to buy with less amount.

So it helps to many small investors psychologically or affordable point of view, otherwise from company valuation point of view, there will be no change.

@ iamnimitshah and others
Most politely I present the following fact for reconciliation :
The episode begins with an innocuous looking post of @Yammuna. She simply mentioned that fv is one rupee, price is high. Hence avoidable .some friends give counter argument that fv is not relevant and they also go to the extent that the SEBI should do away with the conception of fv . This puts the matter to a larger dimension . I am the only man who entangles against this spread of misconception.
Let me come to the crux of the question . Yes, she is right . Had the fv been 10 instead of one, the issue price would have been 11250 . Similarly, for fv 100 issue price would have been 112500 and so on. So, in case of ipo fv of 1 = fv of 10 or 100 is a misconception.
None have hitherto given answer to the simple question put by me earlier, may be because of the fact that they don''t want to divulge the fact in this forum .
By the by, I say that they are absolutely correct that fv is irrelevant /very little significant but it is only in cases other than IPO. For instance they can not compare two different shares on the strength of fv nor can they use it as a tool in case of trading or investment. But the conception of doing away with the conception of fv is spoiling the entire matter. The fv is fix by the company and SEBI has nothing to do here.
Now let me elucidate what fv actually is. For understanding fv, first you are to know what is equity capital.At the outset for establishment of an industry ,capital is required to be infused by the group of promoter. Suppose 5 crore is put. Now , for the sake of proportionate representation , the amount will be converted into equity share otherwise it will be like chanda collected fund of some festival . Suppose the amount has been subdivided in 5 crore parts. Then each part will be share of one Rs face value. So worth of each part will be one rupee. Similarly if you divide into one crore part, each part will be share of 5 rupee and worth of 5 rupee. There is a difference of worth of these two types of shares. Second one is five times valuabe than the first. At the outset if balance sheet is prepared fv= book value
If subsequently any person is allowed to enter ,he will have to pay fv + extra amount.
In case of Ipo, we are the wistful incumbents. So, if we have to pay 10 times if fv is 10 instead of one. There are many things related to this matter which I do not want to take into discussion .
@ iamnimitshah, @ Spock @ Ultrasnow I want your view.
I shall be very happy if anybody add something or object in case of any misgivings.
Thank you all.

@P Patel: As you are aware, whatever you said, can be done via bonus issue also, and that is also discussed above in same thread. You and harit both mentioned about making share price less by doing split to attract more small investors and more participation, same thing happens by bonus issue also.
As you know, many companies keep issuing bonus after which share price reduces and quantity increases, as per bonus ratio.

@Asoke sarkar
You are absolutely right when you said that the equity capital is more valuable when divided into 1 crore parts rather than 5 crore parts ( FV 5 Rs vs FV 1Rs )
But you have to also appreciate the fact that these days, IPOs are not actually *initial* public offerings.. There are seed investors, private placements, even pre-ipos.. So in order to keep the early investors and promoters happy, most companies go for splits and bonus issues before IPO only... In the case of Nykaa also, it must have started with an infusion of 5 crore shares at FV 10Rs i.e. 50 crore capital but with so many private investors investing, company has simply split 1:10 in order to have 50 crore shares at FV 10Rs ... in both cases, the equity capital infused by promoters is same... in both cases, the valuation of company remains the same (earlier it would be 5 crore shares * 11250 per share, now it is 50 crore shares * 1125 per share)... If there was no pre placement, no private investor investing, no seed investor or venture capitalist investing, in that case, FV would have mattered because you would get a pie which was less divided.... and FV of 100Rs would definitely be better den FV of 10Rs den FV of 1Rs ....

Now coming to RIL vs Nykaa,
Someone above compared NYKAA at 11250/ FV 10 with reliance at 2600/ FV 10
NYKAA has 25 crores shares outstanding at FV 1Rs . if you own 1 share, you own 0.0000004% of NYKAA
RIL has 676 crores shares outstanding at FV 10Rs . if you own 1 share, you own 0.000000015% of RIL
In order to own the same % in RIL, you will have to buy 27 shares of RIL which will cost you 70000+.
RIL is much more diluted as compared to NYKAA you see..

expected hni subscription?

Hello :)

Hii!!

🌹

Yo :)

yes bank, axis bank, RBL bank, indusind bank. All these allows upto 5 applications.

BOB
AXIS
CAN CHECK UNION BANK ALSO

@nicks: BOB doesn''t allow 5 applications. it was earlier.
Adding applicant via trick etc is different thing.

BOB AS OF NOW ONLY ONE

@lokes Now Adding applicant via f12 trick is not working

@Naman: ok so that option also gone now in BOB :)
may be they came to know about this from someone, it was discussed a lot here since ;)

thank u every one... ek saval tha... shahukaar ka sbi me account ho to usme se 5 application + shahukaar ka yes bank me ho usme se 5 application + shahukaar ka indus me se 5 application esa kar sakte he kya!! reject hoga yaa nahi !! kya kisi ne kiya he ??

Maje le lo yahan baith kar tum logo ke....
15 application hi kyu bhai....2-3 bank account aur khula lo shahukaar bhai ke and fir lagao 25-30 application shahukaar ki

Shahukaar ka kitna bhi bank account ho PAN toh eek hi hoga naa toh issliye eek hi application lagega.

Bank of India Allows Upto 5 Application for Diffrent PAN and DP im using this facility since 2017

PNB also allowed 5 application.

HDFC ke ek bank account se kitni application kar sakte hai?

HNI QUOTA 15%
7098399 shares worth 798.57 cr
Nearly 591533 Lots for HNIs