Vedanta`s Open Offer

Snowflake IPO: A Rebound for the US Stock Market
Case Code: FINC185
Case Length: 9 Pages
Period: 2020-2021
Pub Date: 2021
Teaching Note: Available
Price: Rs.200
Organization: Vedanta Resources Limited
Industry: Metals & Mining
Countries: India
Themes: Open Offer, Investment banking
Snowflake IPO: A Rebound for the US Stock Market
Abstract Case Intro 1 Excerpts


In October 2020, Vedanta Resources Limited (VRL), a diversified mining company from London, UK, made an unsuccessful attempt to delist its profitable and cash-rich operating Indian subsidiary Vedanta Limited (VL) from the Indian stock market (Refer to Exhibit I to know more about VRL and VL). The attempt failed as VRL received fewer bids (1.25 billion shares) than needed (1.34 billion shares ) at its offer price of Rs. 87.50 per share while VL’s per share market price was around Rs. 120 and the majority of shareholders were tendering their shares at Rs. 320 per share..

Buy this case study (Please select any one of the payment options)

Price: Rs.200
Price: Rs.200
PayPal (5 USD)

Custom Search