A Ltd. have issued 1,50,000 shares, market value of which is ₹ 475 per share. Out of the issued shares only 70% of the shares are available for trading in open market. B Ltd. have issued 1,75,000 shares, market value of

CS Professional · Capital Commodity and Money Market · PYQS · December 2018
A Ltd. have issued 1,50,000 shares, market value of which is ₹ 475 per share. Out of the issued shares only 70% of the shares are available for trading in open market. B Ltd. have issued 1,75,000 shares, market value of which is ₹ 425 per share. Out of the issued shares only 30% of the shares are available for trading in open market. C Ltd. have issued 2,00,000 shares, market value of which is ₹ 400 per share. Out of the issued shares only 55% of the shares are available for trading in open market. Assuming that a Stock Exchange Index consists of only three stocks. Calculate the Free Float Market Capitalization.

Answer & Explanation:

Free Float Market Capitalization Company Total Shares Issued (%) of Shares Available for Trading Number of Shares available for Trading Market Price (₹) Market Capitalization (₹) A 1,50,000 70% 1,05,000 475 4,98,75,000 B 1,75,000 30% 52,500 425 2,23,12,500 C 2,00,000 55% 1,10,000 400 4,40,00,000 Total 11,61,87,500

Topics: Capital Market

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