The calculation is simple.
If you have 100 IDFC shares then you will get 155 IDFC FB shares.
=> 1 * IDFC share = 1.55 * IDFC FB
If IDFC FB share price stays fixed @ 109 then IDFC share price should be 1.55*81.95 = 127. => Gain of 18 rupee per share for IDFC holders.
What will happen to IDFC FB share price today?
BV will increase => IDFC FB price should also increase. However as per above calculation IDFC FB share holders will sell it to buy IDFC this may decrease IDFC FB share price and therefore the IDFC price.
EDIT: Sold my IDFC FB for IDFC ltd. Seeing fall in IDFC FB as expected.
Disc: Was invested in both, now in IDFC only.
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