EPC INDUSTRIE LTD is one of my recommendation @ Rs.61/- ( For Old Posing Click HERE) which is now trading at Rs.150/-.Now company declared the terms of much awaited Rights Issue as follows:
- Ratio: 3 (three) new Equity Shares for every 5 (Five) existing Equity Shares
- Issue price per Equity Share: Rs. 40/- per share
- Face value: Rs. 10/- per share
- Premium: Rs. 30/- per share
- Size of the issue: Rs. 41.43 Crore.
Subscribe the rights which is offered at substantial discount to current Market Price and HOLD this M& M group company for further gains in long term
- Ratio: 3 (three) new Equity Shares for every 5 (Five) existing Equity Shares
- Issue price per Equity Share: Rs. 40/- per share
- Face value: Rs. 10/- per share
- Premium: Rs. 30/- per share
- Size of the issue: Rs. 41.43 Crore.
Subscribe the rights which is offered at substantial discount to current Market Price and HOLD this M& M group company for further gains in long term
sir means the price will fall from 150 to 40 rs????
ReplyDeleteDear KM,
DeleteHow it means so ?? !!!
SHOULD I HOLD SABERO???
ReplyDeletesure
DeleteHow do we apply to the rights issue?
ReplyDeleteCompany/R&T will send application form to all eligible share holders.If not received in time ,you can also apply in plain paper.
Deleteif i buy now will i be eligible for the right issue
DeleteSure you are eligible
DeleteHow will you rate PRECISION PIPES AND PROFILES COMPANY LTD Vs EPC - RJ
ReplyDeleteHow we can compare an auto ancillary company with a Micro Irrigation company with the management of M & M ?
DeleteDear ValuePick,
ReplyDeleteHow would you expect the share price to react once the rights issue is over and shares have been alloted to the eligible shareholders?
Regards
Amit
Depends on Company's growth
DeleteHi Valuepick,
DeleteSay the shareholder purchase EPC Ind. shares at an average price of 160 and after rights issue(5:3) at price of 40 per share, I expect the price to come at 115.
Let me know if I am correct.
Exchange can only fix the adjusted price.Based on this the upper and lower circuit will be adjusted .But on which rate it should trade purely depends on demand and supply.
DeleteDear Valuepick,
ReplyDeleteDo they send an application by post? I am in a business trip outside India, and thus didn't follow the news. Can I apply from demat account? Did you already receive offer letter by post?
Thanks.
dear sir, can we buy Rossel India, considering its busines in fast food sector and expecting their entry in India in the same sector soon or later.
ReplyDeleteThanx for reply
How can i apply for Right Issue i have not got any Form as of now
ReplyDeleteYou will get the form in Rgd post,otherwise contact with its R&T agent in the below mail
Deletesatheesh@shareproservices.com
Hi, I got the forms. I am a little bit confused with the method of payment.
ReplyDelete1) Can I write a cheque with ICICI bank? It's not in Mumbai, it's in small town in Andhra Pradesh.
2) On the document, it says the "All cheques / drafts accompanying the CAF should be drawn in favour of the Collecting Bank (specified on the reverse of the CAF)". But I don't find anything on the revers of the CAF.
could you please help out? thanks
should one over subscribe to rights ?
ReplyDelete