Not sure what is meant by price ratio here. The share allotment ratio is decided by the co. nd the shares vl be credited to ur account accordingly.
The mkt vl decide the price nd valuation of the independent biz leading to value unlocking, if any( nd hence was rhe demerger in first place)
I think it was mentioned earlier in the thread too nd pasting again, below is the last FY snapshot of 3 biz for the investor to have an idea of wat valuation to give to each of the biz :-
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