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Stock0
Boarder 32
market price is more than offer price... in open offer bid withdrawals is not allowed .....why to sell in off market 160 net when you cna get 165 from market duly stt paid.
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today 1.09 cr have been deposited in the demat account. The offer is successful.
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Stock0
Boarder 32
Price when posted : NSE: Rs. 155.05
price of 154 not 254 ..
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Following
Stock0
Boarder 32
Price when posted : NSE: Rs. 155.00
the price of 254 provide good arbitrage if there is 100 % acceptance ratio....since it is off market many many small investors may not be in position to participate...last 4 days subscription all in hands of biggies.
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there are members of the promoter family, ifc and certain large investors who will sell via the open offer. whether public participates or not is irrelevant. my advice is to sell, this is a good price. you can enter later as price will go down when the new management cleans up the company
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Following
Stock0
Boarder 32
OFF MARKET open offer plus last date to buy for open offer participation is 30 August safe date is 29 August .....offer closes 31 August
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