Indian Stock Market Introduction, Future Group and Reliance Retail Venture Limited (RRVL) Deal Details.

Hi everyone,

You must be seeing me here after a long time because I was gone after the RBI ban on cryptocurrencies in India. I had left with few learnings from Steemit and trading was one of them. Steemit(cryptocurrencies) initiated me into the trading world. In recent years I started investing in the Indian Stock Market exchanges. BSE and NSE are the two Indian exchanges where you can trade more than 6000 stocks on daily basis from Monday to Friday.

Who can Trade?

Anyone with a PAN card can apply for the Demat account and start trading with one or many of the stockbrokers, such as Zerodha, Groww etc.

Don't have a Demat Account?

If you don't have the Demat account, you can apply for it through your stockbroker itself. Zerodha is the one that I use. Linking of the Bank account with your account with the broker is a must because every transaction happens online.

Choosing Stocks

If you are new onto the stock market, don't put a large amount into stocks. You can do that if you advised by a well-reputed and trusted financial advisor. However when you are doing it by yourself, please take at least three months of learnings through various YouTube Channels such as Yadna Investments, Finology, and AceInvest. There are many of them. initially start small, and always be flexible with your mistakes. Always correct when you find that you chose a bad stock.

Future Group companies Merging into FEL

Now I want to discuss about a recent development in the Indian Stock Market. Reliance and Future group are about to close a deal in which Reliance is buying Future Retail(FRL), Future Supply(FSCL), Future Consumers(FCL), Future Lifestyle(FLFL) and Future Market Networking Ltd(FMNL)'s most of the assets. In return, it is paying about 25k Crores of INR to Future group. Future companies will merge into a single entity i.e., FEL(Future Enterprise Ltd.)
If you are holding any of these five companies other than FEL, on the record date of the merger, you will get the FEL shares in place of them, according to certain swapping ratios.
10 FRL = 101 FEL
10 FSC = 131 FEL
10 FLFL = 116 FEL
10 FCL = 9 FEL, like that.

Reliance investing another 2800 Cr for 13% of total stake in merged entity FEL

Now with the current share prices at their low levels, these five companies are definitely a good buy. The reason is that Reliance is taking 7% of FEL at a share price of INR 17.5, and another 6% at 15.65 (hopefully I am precise.)
Buying at current trading prices in the market can give you a discount worth more than 50%. Kishore Biyani has good future plans for the merged entity which will mainly run the FMCG, Apparel, and insurance business.
Also known as Sam Walton of India, Kishore Biyani has a huge experience in the area, and after getting debt-free, the company definitely is a good buy, as per me. Please