MESSAGES

roshanji for preferential issue, board decides the issue price. it should be any number greater than floor price. floor price is decided based on the formula i had mentioned earlier. on the other hand, for fpo or any other external equity infusion instrument, price wont be decided just like that. it has to go through the entire book keeping process. in their communication, vi mentioned only about preferential issue to be discussed on 6th. nothing else.

one more doubt i have.. we all suspect that price have been brought down from 18.4 to current level by promoters or their proxies.. do you think they will go through all that trouble and hold the price in this range to just get 2000 cr worth of shares alloted to themselves?? just because media is saying 2000 cr.. everyone is following the script like the mice following pied piper.. i suspect that the entire 20000cr equity related fund raise will be closed on 6th....

yes skak bro, this will start reflecting in a few quarters

yes atota bro, price being maintained around 13.50 average until the preferential allotment to k mb is completed.price rise after that

vodafone idea announced a cloud gaming platform in collaboration with paris-based caregame offering a selection of premium aaa games for subscribers. the service is being offered in a "try-n-buy" model with a free trial period, after which users will have to pay a monthly subscription. the service is priced at rs 100 for postpaid users and rs 104 for prepaid users. the company said the collaboration is part of its focus on driving customer

as i stated many times in the recent past, efforts are on to maintain the price around 13. will not be allowed to go above 14 and below 13 and prefers to maintain around 13 - 13.50 with a purpose. actual investor sentiments are well over 15. need to wait and see whether the purpose is to match with proposed fpo and other fund infusion activity.

the price is being controlled to keep the floor price of preferential issue between 13 to 14. tomorrow too you would see similar control. i am speculating that on 6th april vi is going to allocate the shares at floor price only ..no premium. if promoter pay premium of atleast 1 rs, it would be considered as a huge positive. drama is on. 8th april trading session is to look out for. other big questions are.. should we rely on mundras remark of 40p promoter holding post equity infusion. if so fpo price would be almost the same as preferential issue price, i.e. between 13 and 14. then what would be the fpo discount. good companies like power grid gives only 5p discount. on the other hand companies like ruchi soya had given a discount of 40p. what to expect from vi..