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Mahindra Financial Rights Offer (July 2020) Review Article's Messages

1 Comments

1. AshishIPO

| Link|August 4, 2020 8:09:22 PMReply

Pl guide me

I have 50 shares of M&M Finance Ltd (MMFSL), I am eligible for 50 Right shares (ratio 1:1) of MMFSL @50/- (Application money Rs 2500)

Now, How much more Right shares I should apply so that I can get allot maximum Right shares.

I don't know current subscription and my capacity is to apply upto 2000 Right shares @50/- (Application amount 1 lac).

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1.2. vibhor Saxena

| Link|August 5, 2020 9:15:45 PM

You can apply only the shares you have in your demat or you can buy RE which are trading from 28th and which will be traded till 7th... Buy those RE and you will be able to apply for the rights, as per your holdings and RE combined...

1.3. NforNandkishor

| Link|August 11, 2020 12:07:27 AM

@Ashish
The issue is already fully subscribed(99%) today. By end of 11.08.2020, issue will be oversubscribed by 1.5 times. I think there will be no use of subscribing more than your eligibility.

After all choice is yours. You can try your luck by applying in full force. But don't expect much from it.