111. KPCT| Link| Bookmark|
July 3, 2023 9:11:09 PM
Top Contributor (400+ Posts, 100+ Likes)
BREAKING NEWS: IDFC FIRST BANK MERGER RATIO
IDFC First Bank will merge with IDFC LTD in Ratio 155:100
Post merger book value per share of the Bank would increase by 4.9%, as calculated on audited financials as of March 31, 2023.
111.1. Scrip| Link| Bookmark|
July 3, 2023 9:18:53 PM
Top Contributor (400+ Posts, 200+ Likes)
Keeping the CMP of both IDFC 109 and IDFC First Bank 82 And applying the conversion ratio. Purchasing IDFC will give IDFC bank at 70. (109*155/100) Arbitrage opportunity
111.2. svh| Link| Bookmark|
July 3, 2023 9:21:20 PM
IPO Guru (2400+ Posts, 3600+ Likes)
I DFC after H DFC Tomorrow UC in IDFC Buy in pre open session During HDFC merger news I was selling 1 by 1 & booking profit when one after another UC was reaching new high.
🙏👍
110. G profit| Link| Bookmark|
July 3, 2023 9:17:42 PM
IPO Mentor (1000+ Posts, 200+ Likes)
1/3 in hni, 0/3 in retail. Hoping for a decent listing.