Idfc share price: If you choose to engage in such
If you choose to engage in such transactions with or without seeking advice from a licensed and qualified financial advisor or entity, then such decision and any consequences flowing therefrom are your sole responsibility. Discover Messages IDFC Bank Most Debated Top Boarder Messages Posts Replies Addressed Most Liked Most Debated Top Boarder Msgs Find all forum discussion topics on Market View, Business Sectors, Company Stocks, Commodity, Personal Finance, SME, Start ups & More on Moneycontrol Fourm. Price when posted : NSE: Rs. 54.70 idfc owns cr shares in bank, idfc has 160 cr shareholders. valuing each idfc share at 1.654 bank share . assuming there is a discount of 1-5% and a small some kept aside for any contingencies, rate will be finalized ideally between 1.55-1.65 idfc also trades at around 20 percent discount to 1.7 to 1.8 times idfc first bank price . current ratio is 1.47 times.. this use to be 1 time one year back... so the amc sale etc is very much accounted for. the current discount will only reduce when reverse merger is announced to around 12 percent - which is what arbitrage funds need in current environment.. and this remaining discount will vanish on actual completion of merger..
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