Merger ratio will not change once approved by both set of shareholders. So dilution will not lead to any change in merger ratio.
Secondly the longer merger takes the funding cost will be a factor in arbitrage.
Posts in category Value Pickr
IDFC First Bank Limited (11-09-2023)
COSMIC CRF LIMITED – sme (11-09-2023)
Prmoter holding 98.43% ? either upper or lower circuit 
Yash Pakka – (Previously Yash Paper) – Rising from ash (11-09-2023)
Overall the global pulp cycle which was expected to have bottomed out and now reversed that is one major reason why stocks have started moving up. So say 470-500$ /tonne of global pulp has now moved to 500$. All paper mills have started revising the prices upwards. Also, they were very cheaply valued.
Obviously bull market is also a reason.
IDFC First Bank Limited (11-09-2023)
Both Cos already announced that the merger would take 8-12 months. If you consider 12 months, the merger might be completed in Q2 FY25. The earliest we can expect is by Q1 2025. That is already factored in.
I didn’t get how capital raising will delay the merger. Both are independent activities. How the merger ratio will be impacted in case of dilution? My guess is that it wouldn’t change and remain the same.
Timescan Logistics India Limited (11-09-2023)
A decent view on the stock owing to its recent run up- Is Timescan Logistics (India) Limited’s (NSE:TIMESCAN) Recent Stock Performance Tethered To Its Strong Fundamentals? – Simply Wall St News
ValuePickr 2.0: Time to Review 2010-2019, and set Roadmap for the next Decade (11-09-2023)
Donald Sir… Consider adding Search function within a particular post. The available search function searches all the posts.
Also add a function where I can see replies given only by originator of post … Or replies with having minimum likes of 10 likes to find relevant replies or links.
Ganesh Benzoplast – Cash rich chemical storage/tank king (11-09-2023)
Thanks for these notes. Very helpful.
Do you have a view on the growth runway for them in the tanks business?
Also I believe there is a typo in relation to the point on Deepak Fertilisers because I believe the management mentioned that it is “not” a client for ammonia as they have their own tanks for that.
Hitesh portfolio (11-09-2023)
Hi hitesh sir thanks for sharing your knowledge 
, I want to know your point of view on companies like praveg,brand concept, ice make refrigeration and focus Lighting.
COSMIC CRF LIMITED – sme (11-09-2023)
yes, definitely the IPO issue was at a high price but the management claims that when FY 2024 revenue will be posted then this price will be justified.
COSMIC CRF LIMITED – sme (11-09-2023)
Cosmic Ferro Alloys was Aditya Vikram Birla’s Father company which had gone to NCLT.
Aditya Vikram Birla had taken the CRF unit from from Cosmic Ferror Alloys. Their family is into this sector from a long time. They know in and out of it.
That is the reason, he was able to make 121 cr topline in just 7 months into business.