Team Lease BB:
BB Size: 3,27,869 Equity Shares of Rs. 100 cr
At a price of ₹3050
CMP Rs. 2363 on 6/2/2023
Discount: 29%
Small RR: Rs. 200000/3050 = 65+ shares (actual calculation should be as per mkt price of record date, however for to be more safe we can calculate BB price).
15% discount for small RR:
Total BB size 327869 @ 15% = 49180 shares for small RR BB
Individual shareholders holding nominal share capital upto H 2 lakh 9,06,176 (Source AR of Fy 2022, page 139)
Hence acceptance ration seems 906176 @ 49180 = 5.42%.
This seems low acceptance ratio, imo. Looking for counter opinion.
Disc: Not invested.
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