my query is :
Suppose an IT company is giving shares to its employees under Employees stock/shares purchase scheme . Following is the data:
Total number of equity shares to be issued under the scheme: 1500000 (one crore fifty lakhs)
Number of total equity shares of the company prior to the scheme: 10 crore
Face value: Rs 10/ per equity share
Issue price per equity share at the time of Companys Board Approval: Rs 180
CURRENT MARKET PRICE : Rs 175
Percentage of discount to employees : 25 % ( Rs 145 per equity share to employees)
Maximum no of shares an employee can buy: 1000
Lock in period: 2 years
What will be the price per equity share after the additional one crore shares get listed in the market ? that is what will be the price per equity share post allotment of shares ?
Can any of my friend show the calculation involved while arriving the price of share post allotment and listing ? is there any benefit for employees ?