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1. VKMC   I Like It. |Report Abuse|  Link|July 18, 2019 1:42:45 PMReply
*Discount is on the FFO 5 Reference Market Price. FFO 5 Reference Market Price is determined based on the average of full day volume weighted average price on the NSE during the Non Anchor Investor FFO 5 Period (inclusive of Non Anchor Investor FFO 5 Period open as well as close date) for each of the index constituents of the Nifty CPSE Index.
Post closure of FFO 5, the Scheme will purchase the underlying Index constituents from GOI. Discount will be on shares to be offered by the Government of India. In the event an index constituent is purchased fully or partially from open market to meet Maximum Amount to be Raised during FFO 5, no discount will be offered on such purchase of index constituent from open market.
1.3. VKMC   I Like It. |Report Abuse|  Link|July 18, 2019 7:06:39 PM
Very much possible. Most of the index constituents are PSU energy stocks and they are very volatile. If the overall market is down then we can wait otherwise sell it on allotment day.
My take is that all the index shares are already highly beaten to death. Chances of going further down are less. But you never know.
FYI I am going to apply in full force unless there is any bad news tomorrow.
I am hoping for 4 - 6 % gain.
1.4. Ordinary Visioner   I Like It. |Report Abuse|  Link|July 19, 2019 8:35:20 AM
sir i am also applying in full force.
after seen anchor subscription it is looking good.
so can you tell me your final review?
are you make any change to your decision?