Gulliver Steel Ltd and Lilliput Metals Ltd are two companies in steel sector. Gulliver is looking to acquire Lilliput in an all-share deal. Installed capacity, Million tonnes p.a. Sales, Rs cr EBITDA, Rs cr PAT, Rs cr Total Debt, Rs cr Cash balance, Rs cr Equity Share Capital, Rs cr Face value per share, Rs Reserves and Surplus, Rs cr Current market price Gulliver Steel 24.0 78,270 19,739 7,942 60,102 5,139 240 Lilliput Metals 4.8 21,557 6,120 2,484 8,903 1,349 115 1 1 44,781 670 11,340 411 You are also given Industry average ratios for Steel Industry, as follows: 1,125 3.48 Industry average EV/Installed capacity ($/tpa) Industry Average P/BV ratio Industry Average P/E ratio Industry average EV/EBITDA ratio 16.98 9.18 Based on all the given data, calculate the fair value of equity shares of Acquirer company, Target company, and Share Exchange Ratios. Show all your calculations clearly