Indobell Indobell ringing all the way, Indobell GMP touches new high among carnage in World Markets.
This SME Listing will be interesting to watch
This SME Listing will be interesting to watch
IPO & BUYBACK
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One can go through all about ipo and GMP detail.
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IPO & BUYBACK (English)
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IPO & BUYBACK
10 Jan, 15:03
Coating emulsions and adhesives maker Jesons Industries plans IPO, files draft papers for Rs 300 crore fresh issue.
IPO & BUYBACK
10 Jan, 11:52
The shares that I bought at 52 weeks low are now at 104 weeks low๐
IPO & BUYBACK
10 Jan, 10:41
Adani OFS Details:
*Basic Details:*
- Stock- Adani Wilmar
- Seller- Adani Commodities LLP (Promoter- Holds 44% stake in company)
- Floor Price- Rs 275 per share
- Last closing Price- Rs 323 per share
- Discount to closing price- 14.86%
- OFS size- 4800+ crore
Non-Retail- 90% of offer size i.e. 4320 crore (Total 15.79 crore Shares)
Retail- 10% of offer size i.e. 480 crore (Total 1.75 crore Shares)
- Date for Non-Retail- 10th January
- Date for Retail- 13th January
- Adani Commodities will be selling 13.50% i.e. 17.54 crore share as base issues and additional 6.50% i.e. 8.44 Crore as green shoe option.
- The Promoter company holds 44% stake in company and selling a part of exiting completely from the JV with Wilmar.
- As per news reports, large part of 44% stake of Adani will be bought by Wilmar International
*Basic Details:*
- Stock- Adani Wilmar
- Seller- Adani Commodities LLP (Promoter- Holds 44% stake in company)
- Floor Price- Rs 275 per share
- Last closing Price- Rs 323 per share
- Discount to closing price- 14.86%
- OFS size- 4800+ crore
Non-Retail- 90% of offer size i.e. 4320 crore (Total 15.79 crore Shares)
Retail- 10% of offer size i.e. 480 crore (Total 1.75 crore Shares)
- Date for Non-Retail- 10th January
- Date for Retail- 13th January
- Adani Commodities will be selling 13.50% i.e. 17.54 crore share as base issues and additional 6.50% i.e. 8.44 Crore as green shoe option.
- The Promoter company holds 44% stake in company and selling a part of exiting completely from the JV with Wilmar.
- As per news reports, large part of 44% stake of Adani will be bought by Wilmar International
IPO & BUYBACK
10 Jan, 05:31
After every Correction, We come to know who are the Correct people to stay in Market.
Weak Prople who come in search for easy money leaves the Market & Strong Investors Stay
Weak Prople who come in search for easy money leaves the Market & Strong Investors Stay
IPO & BUYBACK
10 Jan, 05:17
It relates to market as well, when things are not in favour of a trader start analysing stocks and trend during free time to just into someone having solid potential.
IPO & BUYBACK
10 Jan, 05:15
Zomato and Swiggy are now launching their own food brands (Private labels).
Restaurant Assn. (NRAI) calls it 'Backstabbing'.
NRAI: They used data from partner restaurants to create competing products, without sharing relevant consumer data with restaurants.
Modern Monopolies.
Restaurant Assn. (NRAI) calls it 'Backstabbing'.
NRAI: They used data from partner restaurants to create competing products, without sharing relevant consumer data with restaurants.
Modern Monopolies.
IPO & BUYBACK
10 Jan, 03:41
*Offer For Sale: Adani Wilmar Limited*
Seller: Adani Commodities (Promoter)
Floor Price: Rs 275/Sh (Approx 15.0 percent discount at Last Closing 323.5)
Total OFS size in Rupees: 25.99 crore shares or Rs 7148.0 crore (At floor price)
Base OFS size in Rupees: Rs 4825.0 crore (Or 17.54 Cr shares)
Green Shoe size in Rupees: Rs 2323.0 crore (Or 8.45 Cr shares)
For Non-Retail Investors: 10th January 2025
For Retail Investors: 13th January 2025
Retail Reservation: 10%
Mutual Fund and Insurance companiesโ Reservation: 25%
Seller: Adani Commodities (Promoter)
Floor Price: Rs 275/Sh (Approx 15.0 percent discount at Last Closing 323.5)
Total OFS size in Rupees: 25.99 crore shares or Rs 7148.0 crore (At floor price)
Base OFS size in Rupees: Rs 4825.0 crore (Or 17.54 Cr shares)
Green Shoe size in Rupees: Rs 2323.0 crore (Or 8.45 Cr shares)
For Non-Retail Investors: 10th January 2025
For Retail Investors: 13th January 2025
Retail Reservation: 10%
Mutual Fund and Insurance companiesโ Reservation: 25%
IPO & BUYBACK
09 Jan, 16:43
โ๏ธ Standard Glass Lining Technology IPO Total number of Applications Received in each category Anticipated Allotment Chances
Good Demand seen in all the Categories & 26,800 Crores worth subscription seen in QIB Category ๐ฐ
Retail: 1 out of 53
SHNI: 1 out of 210
BHNI: 1 out of 60
All the Best ๐ and Fingers crossed ๐ค
Good Demand seen in all the Categories & 26,800 Crores worth subscription seen in QIB Category ๐ฐ
Retail: 1 out of 53
SHNI: 1 out of 210
BHNI: 1 out of 60
All the Best ๐ and Fingers crossed ๐ค
IPO & BUYBACK
09 Jan, 12:34
Haldiram's took 90 years to be worth $10B, Zomato took 13
Haldiram's founder family owns 90% worth $9B today, Zomato's founders own 7% worth $3B today
Capital accelerates iconic company generation by decades, making multi-generational wealth happen in a single generation
Haldiram's founder family owns 90% worth $9B today, Zomato's founders own 7% worth $3B today
Capital accelerates iconic company generation by decades, making multi-generational wealth happen in a single generation
IPO & BUYBACK
09 Jan, 12:31
๐ ๐๐๐๐ข๐ง๐ ๐๐ก๐ง ๐ง๐ข๐๐๐ฌ ๐
โ Standard Glass Lining Technology (MAINBOARD)
โ Indobell Insulation (SME)
โ Standard Glass Lining Technology (MAINBOARD)
โ Indobell Insulation (SME)
IPO & BUYBACK
08 Jan, 15:06
SEBI Observation letter for DRHP Approval issued for below IPOs:
โช๏ธ Dr.Agarwal's Health Care Limited (Shareholder Quota โ๏ธ: Dr.Agarwal's Eye Hospital Limited)
โช๏ธ Casagrand Premier Builder Limited
โช๏ธ Highway Infrastructure Limited
โช๏ธ Regreen Excel EPC India Limited
โช๏ธ Dr.Agarwal's Health Care Limited (Shareholder Quota โ๏ธ: Dr.Agarwal's Eye Hospital Limited)
โช๏ธ Casagrand Premier Builder Limited
โช๏ธ Highway Infrastructure Limited
โช๏ธ Regreen Excel EPC India Limited
IPO & BUYBACK
08 Jan, 15:03
New Mainboard IPO ๐ฅ
Laxmi Dental Limited IPO
Date : 13-15-Jan 2025
Price : โน407 - โน428
Lot : 33 Shares
Size : โน698.06 Cr
Face Value 2
Lots
Retail Form : 49,424
SHNI : 1,647
BHNI : 3,295
QIB : 75%
NII : 15%
Retail : 10%
Registrar : link Intime
Laxmi Dental Limited IPO
Date : 13-15-Jan 2025
Price : โน407 - โน428
Lot : 33 Shares
Size : โน698.06 Cr
Face Value 2
Lots
Retail Form : 49,424
SHNI : 1,647
BHNI : 3,295
QIB : 75%
NII : 15%
Retail : 10%
Registrar : link Intime
IPO & BUYBACK
07 Jan, 17:35
Zepto Likely To File It's IPO Papers (DRHP) In March-April
And Eye Public Listing in Mid-2025
The Quick Commerce Major's Reverse Merger Application To Move Domicile From Singapore To India Will Be Heard On January 17th At The NCLT
The 4yr Old Unicorn Startup Will Have Board Meeting On January 19th Briefing On IPO Size, Finalization Of Bankers And Other Resolutions
Zepto Is Likely To Pick Morgan Stanley, Goldman Sachs, Kotak Mahindra As Bankers
The IPO Size Is Likely To Be Upwards Of 5000 Cr At Roughly $6-$7 Bn Valuation
Zepto Is Backed By Investors Like Y Combinator, Goodwater Capital, Glade Brook, Nexus Venture Partners, Lightspeed India,
Avenir Growth, StepStone Group, Epiq Capital, DST Global, Contrary Capital, Motilal Oswal PE, Claypond,
BL Taparia Family House,
Mankind Pharma Family House, Cello Family House,
Happy Forgings Family House,
Raamdeo Agarwal, Narotam Sekhsaria, RPSG Group, Haldiram Family Group, Etc
FY24 Financials
Revenue : 4,454 Cr (120%โฌ๏ธ)
Net Loss : (1248 Cr) (2%โฌ๏ธ)
And Eye Public Listing in Mid-2025
The Quick Commerce Major's Reverse Merger Application To Move Domicile From Singapore To India Will Be Heard On January 17th At The NCLT
The 4yr Old Unicorn Startup Will Have Board Meeting On January 19th Briefing On IPO Size, Finalization Of Bankers And Other Resolutions
Zepto Is Likely To Pick Morgan Stanley, Goldman Sachs, Kotak Mahindra As Bankers
The IPO Size Is Likely To Be Upwards Of 5000 Cr At Roughly $6-$7 Bn Valuation
Zepto Is Backed By Investors Like Y Combinator, Goodwater Capital, Glade Brook, Nexus Venture Partners, Lightspeed India,
Avenir Growth, StepStone Group, Epiq Capital, DST Global, Contrary Capital, Motilal Oswal PE, Claypond,
BL Taparia Family House,
Mankind Pharma Family House, Cello Family House,
Happy Forgings Family House,
Raamdeo Agarwal, Narotam Sekhsaria, RPSG Group, Haldiram Family Group, Etc
FY24 Financials
Revenue : 4,454 Cr (120%โฌ๏ธ)
Net Loss : (1248 Cr) (2%โฌ๏ธ)
IPO & BUYBACK
07 Jan, 17:35
Ather Energy Limited IPO ๐
Issue Size :
Fresh - 3100 cr
OFS - 2.2 cr Shares
Shareholder Quota โ ๏ธ
For Hero Motocorp (HMCL) Shareholders
Retail : 10%
Employee Quota : Yes
FY24
Rev : 1789 cr
Net Loss : (1060 cr)
Issue Size :
Fresh - 3100 cr
OFS - 2.2 cr Shares
Shareholder Quota โ ๏ธ
For Hero Motocorp (HMCL) Shareholders
Retail : 10%
Employee Quota : Yes
FY24
Rev : 1789 cr
Net Loss : (1060 cr)
IPO & BUYBACK
07 Jan, 17:34
Laxmi Dental Limited IPO ๐
IPO Size : ~600 Cr
Retail : 10%
FY24
Rev : 195 cr
PAT : 26.8 cr
It is India's 2nd Largest Dental Products Manufacturer And Largest Exporter Of Dental Crowns, Bridges, Aligners
IPO Size : ~600 Cr
Retail : 10%
FY24
Rev : 195 cr
PAT : 26.8 cr
It is India's 2nd Largest Dental Products Manufacturer And Largest Exporter Of Dental Crowns, Bridges, Aligners
IPO & BUYBACK
06 Jan, 09:06
We have three registered cases of HMPV virus in India, red alert ๐จ
IPO & BUYBACK
06 Jan, 09:05
First it was Jan 2020 and it is Jan 2025 now, it was covid earlier and HMPV at present. BE CAUTIONS!
IPO & BUYBACK
03 Jan, 16:42
Indo Farm Equipment IPO Allotment Update
Allotment Data ๐:
masserv.com/opt.asp
Timing โฑ๏ธ: Tomorrow Morning
Allotment Data ๐:
masserv.com/opt.asp
Timing โฑ๏ธ: Tomorrow Morning
IPO & BUYBACK
03 Jan, 11:56
New: HUL is nearing a deal to acquire skincare startup Minimalist in a Rs 3,000 crore deal, per sources. That is a significant increase in valuation from Rs 650-700 cr in 2021. The startup is commanding a revenue multiple of 10X, much higher than 4-6X that other D2C cos get.
IPO & BUYBACK
02 Jan, 09:03
Lot of Queries On ITC Hotels Demerger From ITC Limited
3rd January Is The Last Date To Buy To Get Availed For The Demerger
I Have Started Working On It,
Will Post The Calculations And Thesis Today Or Tomorrow
Also Standard Glass Lining Industries Limited IPO Final Verdict Will Be Posted Before Time.
3rd January Is The Last Date To Buy To Get Availed For The Demerger
I Have Started Working On It,
Will Post The Calculations And Thesis Today Or Tomorrow
Also Standard Glass Lining Industries Limited IPO Final Verdict Will Be Posted Before Time.
IPO & BUYBACK
02 Jan, 06:53
Reliance Jio is gearing up for a massive IPO, aiming to raise โน40,000 crore with a valuation of $120 billion.
This could be India's largest IPO!
This could be India's largest IPO!
IPO & BUYBACK
02 Jan, 03:59
Power of Single Shares - Dr Agarwal Eye Hospital opens up by 8% at 7,000/-
Yesterday it's upcoming IPO got SEBI Approval & There is a Shareholder Quota in it
Those interested in the Company may buy 1 share to get benefit in SH
Yesterday it's upcoming IPO got SEBI Approval & There is a Shareholder Quota in it
Those interested in the Company may buy 1 share to get benefit in SH
IPO & BUYBACK
01 Jan, 06:34
Indo Farm Equipment Limited IPO
Final Verdict
Apply For Reasonable Listing Gains And Long-term
Highlights of the Issue :
Date : 31 Dec - 2 Jan
Price Band : 204-215
Size : 260 Cr
Fresh - 185 Cr
OFS - 75 Cr
M.cap : 1,033 Cr
Objects Of The Issue :
1.Funding Capital Expenditure - 71.1 Cr
2.Repayment Of Debt - 50 Cr
3.Investment in Captive NBFC Barota Finance To Augment It's Capital Base - 45 Cr
4.GCP - 19 cr
Key Pointers :
โช๏ธ Indo Farm Equipment Limited is A Leading Manufacturer Of Tractors And Pick & Carry Cranes
โช๏ธ It Manufacturs Tractors Ranging From 16 HP To 100 HP In 2 WD And 4 WD (This Covers Almost 89% Of The Tractor Market) And Pick & Carry Cranes Ranging From 9 Tons To 30 Tons
โช๏ธ Indo Farm Is Setting Up A New Manufacturing Facility in Baddi, HP For Crane Manufacturing Of 3600 Units Per Annum Which Will Almost Quadruple The Total Crane Manufacturing From 1280 To 4880 Units Per Annum, The New Facility Will Get Commenced in Oct/November 2025
โช๏ธ Indo Farm is Investing 45 Cr From IPO Proceeds in It's Captive NBFC Barota Finance To Boost The Tractor Sales As The Tracktor Sale is Largely Dependent on Retail Financing
โช๏ธ Indo Farm Is One Of The Most Backward Integrated Player In The Industry With Inhouse Production Of Engine Block & Head, Gears, Rear & Front Transmission Blocks,
Hydraulic Housing & Components, Clutch Housing,
Fenders & Bonnett, Front Azle Beam & Tubes, Flywheel Housing Etc
Forward Projections :
FY23
Rev : 370.8 Cr
PAT : 15.4 Cr
FY24
Rev : 375.2 Cr
PAT : 15.6 Cr
Q1 FY25
Rev : 75 Cr
PAT : 2.45 Cr
FY25E*
Rev : 426 Cr
PAT : 29 Cr
FY26E*
Rev : 630 Cr
PAT : 58 Cr
FY27E*
Rev : 1030 Cr
PAT : 118 Cr
Giving A 20%/30% Discount To FY27E EPS Of Escorts Kubota And ACE Translating into ~15ร FY27E PAT,
Fair Price Comes At 361,
Indicating An Upside Of 68%
Hence A Promising Story With Big Hopes Of Execution Coming At Reasonable Valuations
Final Verdict
Apply For Reasonable Listing Gains And Long-term
Highlights of the Issue :
Date : 31 Dec - 2 Jan
Price Band : 204-215
Size : 260 Cr
Fresh - 185 Cr
OFS - 75 Cr
M.cap : 1,033 Cr
Objects Of The Issue :
1.Funding Capital Expenditure - 71.1 Cr
2.Repayment Of Debt - 50 Cr
3.Investment in Captive NBFC Barota Finance To Augment It's Capital Base - 45 Cr
4.GCP - 19 cr
Key Pointers :
โช๏ธ Indo Farm Equipment Limited is A Leading Manufacturer Of Tractors And Pick & Carry Cranes
โช๏ธ It Manufacturs Tractors Ranging From 16 HP To 100 HP In 2 WD And 4 WD (This Covers Almost 89% Of The Tractor Market) And Pick & Carry Cranes Ranging From 9 Tons To 30 Tons
โช๏ธ Indo Farm Is Setting Up A New Manufacturing Facility in Baddi, HP For Crane Manufacturing Of 3600 Units Per Annum Which Will Almost Quadruple The Total Crane Manufacturing From 1280 To 4880 Units Per Annum, The New Facility Will Get Commenced in Oct/November 2025
โช๏ธ Indo Farm is Investing 45 Cr From IPO Proceeds in It's Captive NBFC Barota Finance To Boost The Tractor Sales As The Tracktor Sale is Largely Dependent on Retail Financing
โช๏ธ Indo Farm Is One Of The Most Backward Integrated Player In The Industry With Inhouse Production Of Engine Block & Head, Gears, Rear & Front Transmission Blocks,
Hydraulic Housing & Components, Clutch Housing,
Fenders & Bonnett, Front Azle Beam & Tubes, Flywheel Housing Etc
Forward Projections :
FY23
Rev : 370.8 Cr
PAT : 15.4 Cr
FY24
Rev : 375.2 Cr
PAT : 15.6 Cr
Q1 FY25
Rev : 75 Cr
PAT : 2.45 Cr
FY25E*
Rev : 426 Cr
PAT : 29 Cr
FY26E*
Rev : 630 Cr
PAT : 58 Cr
FY27E*
Rev : 1030 Cr
PAT : 118 Cr
Giving A 20%/30% Discount To FY27E EPS Of Escorts Kubota And ACE Translating into ~15ร FY27E PAT,
Fair Price Comes At 361,
Indicating An Upside Of 68%
Hence A Promising Story With Big Hopes Of Execution Coming At Reasonable Valuations
IPO & BUYBACK
01 Jan, 06:16
Bangalore Based One Of The Top 5 Steel Producers In Southern India, Manufacturer Of MS Billets, TMT Bars, Pipes & Tubes, HR Coil, Sponge Iron, GP Pipes,
Met Coke And Ferro Alloys
A-One Steels India Limited Files DRHP With SEBI
Size : 650 Cr
Fresh - 600 Cr
OFS - 50 Cr
FV : 10
Retail : 35%
Employee Quota : Yes
FY23
Revenue : 3,184 Cr
PAT : 97.7 Cr
FY24
Revenue : 3,862 Cr
PAT : 38.9 Cr
Q1 FY25
Revenue : 961.6 Cr
PAT : 20.6 Cr
LM : Prabhudas Liladher,
Khambatta Securities
Met Coke And Ferro Alloys
A-One Steels India Limited Files DRHP With SEBI
Size : 650 Cr
Fresh - 600 Cr
OFS - 50 Cr
FV : 10
Retail : 35%
Employee Quota : Yes
FY23
Revenue : 3,184 Cr
PAT : 97.7 Cr
FY24
Revenue : 3,862 Cr
PAT : 38.9 Cr
Q1 FY25
Revenue : 961.6 Cr
PAT : 20.6 Cr
LM : Prabhudas Liladher,
Khambatta Securities
IPO & BUYBACK
01 Jan, 05:05
Maharashtra-based Caliber Mining and Logistics, which is backed by Sunil Singhania's Abakkus Asset Managers, plans to tap capital market for Rs 600 crore fund raising as it has filed preliminary papers with SEBI for initial public offering (IPO).
The IPO comprises of fresh issuance of shares worth Rs 500 crore, and an offer-for-sale of Rs 100 crore worth shares by promoters, as per the draft papers filed on December 30.
The IPO comprises of fresh issuance of shares worth Rs 500 crore, and an offer-for-sale of Rs 100 crore worth shares by promoters, as per the draft papers filed on December 30.
IPO & BUYBACK
31 Dec, 17:10
Kolkata Based One Of The Largest Manufacturers Of Maize Based Speciality Products
Regaal Resources Limited Files DRHP With SEBI
Size :
Fresh - 190 Cr
OFS - 90,00,000 Shares
FV : 5
Retail : 35%
FY23
Revenue : 488.7 Cr
PAT : 16.8 Cr
FY24
Revenue : 601 Cr
PAT : 22.1 Cr
Q1 FY25
Revenue : 195 Cr
PAT : 9.2 Cr
LM : Pantomath Capital, Sumedha Fiscal
Regaal Resources Limited Files DRHP With SEBI
Size :
Fresh - 190 Cr
OFS - 90,00,000 Shares
FV : 5
Retail : 35%
FY23
Revenue : 488.7 Cr
PAT : 16.8 Cr
FY24
Revenue : 601 Cr
PAT : 22.1 Cr
Q1 FY25
Revenue : 195 Cr
PAT : 9.2 Cr
LM : Pantomath Capital, Sumedha Fiscal
IPO & BUYBACK
31 Dec, 05:42
End of an era. Generation Alpha ends & Generation Beta starts on 1st January 2025.
The Silent Generation: 1928-1945
Baby Boomers: 1946-1964
Generation X: 1965-1980
Millennials: 1981-1996
Generation Z: 1997-2009
Generation Alpha: 2010-2024
Generation Beta: 2025-
The Silent Generation: 1928-1945
Baby Boomers: 1946-1964
Generation X: 1965-1980
Millennials: 1981-1996
Generation Z: 1997-2009
Generation Alpha: 2010-2024
Generation Beta: 2025-
IPO & BUYBACK
31 Dec, 05:29
๐๐ป๐ฑ๐ผ ๐๐ฎ๐ฟ๐บ ๐๐พ๐๐ถ๐ฝ๐บ๐ฒ๐ป๐ ๐๐๐ฑ. ๐๐ฃ๐ข ๐ฑ๐ฒ๐๐ฎ๐ถ๐น๐ ๐ฝ
- Dates: Dec 31, 2024 - Jan 2, 2025
- Price range: โน204 - โน215
- Lot size: 69 shares
- Allotment: Jan 3, 2025
- Listing: Jan 7, 2025
Categories:
- Retail: 1 lot, 69 qty, 14835 amount, 61377 reserved
- sHNI: 14 lots, 966 qty, 207690 amount, 626 reserved
- bHNI: 68 lots, 4692 qty, 1008780 amount, 1253 reserved
- Dates: Dec 31, 2024 - Jan 2, 2025
- Price range: โน204 - โน215
- Lot size: 69 shares
- Allotment: Jan 3, 2025
- Listing: Jan 7, 2025
Categories:
- Retail: 1 lot, 69 qty, 14835 amount, 61377 reserved
- sHNI: 14 lots, 966 qty, 207690 amount, 626 reserved
- bHNI: 68 lots, 4692 qty, 1008780 amount, 1253 reserved
IPO & BUYBACK
30 Dec, 07:38
They both are brand names in the industry and applied in tons to get silly one allotment, still didn't manage to avail one!
IPO & BUYBACK
29 Dec, 16:37
All these consultants give jobs to kids of bureaucrats and get consulting contracts from the govt. there was a media report about this.
IPO & BUYBACK
25 Nov, 16:31
PAN card with QR code soon as govt approves Rs 1,400-crore revamp project
Protean protean egov technologies limited to be inf focus the clean-up trade is done by NSE investment and PAN card project comes as a positive news.
Protean protean egov technologies limited to be inf focus the clean-up trade is done by NSE investment and PAN card project comes as a positive news.
IPO & BUYBACK
25 Nov, 15:14
Suraksha Diagnostics Limited IPO
Expected IPO Dates : 29 Nov - 3 Dec , 2024
Issue Size : 1.92 Crore Shares (OFS)
Retail Portion : 35%
Face value : โน2
More Details Coming Soon
Expected IPO Dates : 29 Nov - 3 Dec , 2024
Issue Size : 1.92 Crore Shares (OFS)
Retail Portion : 35%
Face value : โน2
More Details Coming Soon
IPO & BUYBACK
25 Nov, 14:38
IPO pipeline strong as 10 companies plan to raise Rs 20,000 cr in December :
Vishal Mega Mart
International Gemmological Institute (India) Limited
Avanse Financial Services
Sai Life Sciences
Paras Healthcare
DAM Capital Advisors
Suraksha Diagnostic
Mamata Machinery
Transrail Lighting
One Mobikwik Systems
Vishal Mega Mart
International Gemmological Institute (India) Limited
Avanse Financial Services
Sai Life Sciences
Paras Healthcare
DAM Capital Advisors
Suraksha Diagnostic
Mamata Machinery
Transrail Lighting
One Mobikwik Systems
IPO & BUYBACK
25 Nov, 14:37
๐SME Stocks: From Hated to Chased๐
Oriana Power
Hated at โน1,000 โ Chased at โน2,200
Bondada Engineering
Hated at โน200 โ Chased at โน600
Trident Techlabs
Hated at โน500 โ Chased at โน1,000
Cellecor Gadgets
Hated at โน18 โ Chased at โน55
Oriana Power
Hated at โน1,000 โ Chased at โน2,200
Bondada Engineering
Hated at โน200 โ Chased at โน600
Trident Techlabs
Hated at โน500 โ Chased at โน1,000
Cellecor Gadgets
Hated at โน18 โ Chased at โน55
IPO & BUYBACK
25 Nov, 14:34
Recently bought shares mentioned here under.
Akum drugs
Man industries
KPGEL
ABS marine
Sagility
Acme Solar
Pratham
Meson Valves
Akum drugs
Man industries
KPGEL
ABS marine
Sagility
Acme Solar
Pratham
Meson Valves
IPO & BUYBACK
25 Nov, 06:26
Big Inside Update : After Listing Of NTPC Green , ONGC Management Will Reveal Tentative Dates For ONGC Green IPO
Expected In Dec 2024
DRHP & RHP Prepared ๐ฅ๐ฅ๐จ
Update : Yes There Is Share Holder Quota
Parent Company: ONGC
Expected Price : โน20 to โน60 ๐ฅ
Valuations : Coming Soon
Stay Connected For Further Update
Expected In Dec 2024
DRHP & RHP Prepared ๐ฅ๐ฅ๐จ
Update : Yes There Is Share Holder Quota
Parent Company: ONGC
Expected Price : โน20 to โน60 ๐ฅ
Valuations : Coming Soon
Stay Connected For Further Update
IPO & BUYBACK
24 Nov, 16:36
Strong Stocks: Possible Multibaggers
๐ซKsolves India
๐ซSathlokhar
๐ซWaaree Renewab.
๐ซBlue Pebble
๐ซNetwork People
๐ซConcord Control
๐ซRockingdeals Cir
๐ซOlatech Solution
๐ซVeritaas
๐ซNINtec Systems
๐ซJeena Sikho
๐ซWealth First Por
๐ซOSEL Devices
๐ซTunwal E-Motors
๐ซEffwa Infra
๐ซKsolves India
๐ซSathlokhar
๐ซWaaree Renewab.
๐ซBlue Pebble
๐ซNetwork People
๐ซConcord Control
๐ซRockingdeals Cir
๐ซOlatech Solution
๐ซVeritaas
๐ซNINtec Systems
๐ซJeena Sikho
๐ซWealth First Por
๐ซOSEL Devices
๐ซTunwal E-Motors
๐ซEffwa Infra
IPO & BUYBACK
24 Nov, 15:58
10 IT stocks with a PE ratio exceeding 50.
1. Tata Elxsi 50.21
2. Newgen Software 52.09
3. Tech Mahindra 52.26
4. Aurionpro Solutions 52.45
5. Sonata Software 55.72
6. Tata Technologies 59.02
7. CE Info Systems 64.50
8. Coforge 69.75
9. Persistent Systems 72.36
10. Nazara Technologies 113.85
1. Tata Elxsi 50.21
2. Newgen Software 52.09
3. Tech Mahindra 52.26
4. Aurionpro Solutions 52.45
5. Sonata Software 55.72
6. Tata Technologies 59.02
7. CE Info Systems 64.50
8. Coforge 69.75
9. Persistent Systems 72.36
10. Nazara Technologies 113.85
IPO & BUYBACK
24 Nov, 13:52
โ๏ธMap My India โ Concall Highlights
The growth during was muted as revenue growth was very low 13.8% Y-O-Y.
The margin declined due to due to investing in consumer business for the future growth and these investments are booked as expenses.
The company with past efforts, now can enter the international market with a significant win of PT Terra Link Technologies in the South East Asian region for map solutions.
PT Terra Link Technologies is a joint venture with Hyundai Autoever, a wholly owned subsidiary of Hyundai Kia. MapmyIndia will hold a 40% stake with a capital investment of 4 Million USD
Estimated revenue of JV would be to the tune of USD multi-million over the next 5 years with order booking and revenue commencing from FY-26 itself.
The company is well on track for achieving 1,000 Cr revenue goals of FY27-28.
The growth during was muted as revenue growth was very low 13.8% Y-O-Y.
The margin declined due to due to investing in consumer business for the future growth and these investments are booked as expenses.
The company with past efforts, now can enter the international market with a significant win of PT Terra Link Technologies in the South East Asian region for map solutions.
PT Terra Link Technologies is a joint venture with Hyundai Autoever, a wholly owned subsidiary of Hyundai Kia. MapmyIndia will hold a 40% stake with a capital investment of 4 Million USD
Estimated revenue of JV would be to the tune of USD multi-million over the next 5 years with order booking and revenue commencing from FY-26 itself.
The company is well on track for achieving 1,000 Cr revenue goals of FY27-28.
IPO & BUYBACK
24 Nov, 13:51
Buy on Dip!๐๐ฏ
1-KOPRAN
2-RAYMOND
3-SWANENERGY
4-SOBHA
5-CASTROLIND
6-VMART
7-GODREJPROP
8-KEI
9-OIL
10-TITAN
11-SJVN
12-ITC
13-TATACONSUM
14-RELIANCE
15-JKCEMENT
1-KOPRAN
2-RAYMOND
3-SWANENERGY
4-SOBHA
5-CASTROLIND
6-VMART
7-GODREJPROP
8-KEI
9-OIL
10-TITAN
11-SJVN
12-ITC
13-TATACONSUM
14-RELIANCE
15-JKCEMENT
IPO & BUYBACK
24 Nov, 13:49
As of Sep. 2024, Indiaโs cumulative installed solar capacity stood at 89.1 GW. Utility-scale projects accounted for more than 86%, and rooftop solar accounted for almost 14% of cumulative installations. Solar accounted for nearly 20% of Indiaโs installed power capacity and over 44% of the total installed renewable energy capacity.
Rajasthan, Gujarat, and Karnataka were the top three states for total installed large-scale solar capacity. Over 27% of the countryโs large-scale solar capacity is installed in Rajasthan, 15% in Gujarat and 14% in Karnataka.
Rajasthan, Gujarat, and Karnataka were the top three states for total installed large-scale solar capacity. Over 27% of the countryโs large-scale solar capacity is installed in Rajasthan, 15% in Gujarat and 14% in Karnataka.
IPO & BUYBACK
24 Nov, 05:04
๐ขRetail Investors Highest Holdings In Nifty50.
1) Tata Steel; 18.63%
2) Tata Consumer: 17.66%
3) Tata Motors: 14.73%
4) Trent: 13.20%
5) Asian Paints: 11.26%
6) HDFC Bank: 11.14%
7) ITC: 11.09%
8) Britannia: 10.62%
9) HUL: 10.04%
10) BEL: 9.75%
11) Nestle: 9.18%
12) Titan: 9.18%
13) Dr Reddy: 7.99%
14) Grasim: 7.52%
15) Infosys: 7.50%
Looks like retailers loves Tata!
1) Tata Steel; 18.63%
2) Tata Consumer: 17.66%
3) Tata Motors: 14.73%
4) Trent: 13.20%
5) Asian Paints: 11.26%
6) HDFC Bank: 11.14%
7) ITC: 11.09%
8) Britannia: 10.62%
9) HUL: 10.04%
10) BEL: 9.75%
11) Nestle: 9.18%
12) Titan: 9.18%
13) Dr Reddy: 7.99%
14) Grasim: 7.52%
15) Infosys: 7.50%
Looks like retailers loves Tata!
IPO & BUYBACK
24 Nov, 03:44
๐ Fundamentally Strong Stocks Under โน100
( Most Hidden Stocks )
๐S P I C : โน72
๐BMW Ind : โน59
๐HMA Agro : โน41
๐Vascon Eng. : โน52
๐Andhra Paper : โน93
๐Andhra Sugars : โน96
๐Sportking India : โน94
๐Fedders Holding : โน78
๐Jagran Prakashan : โน83
( Most Hidden Stocks )
๐S P I C : โน72
๐BMW Ind : โน59
๐HMA Agro : โน41
๐Vascon Eng. : โน52
๐Andhra Paper : โน93
๐Andhra Sugars : โน96
๐Sportking India : โน94
๐Fedders Holding : โน78
๐Jagran Prakashan : โน83
IPO & BUYBACK
23 Nov, 17:45
Afcons Infrastructure Limited Q2 Results
Neutral Numbers
Rev : 3434โก๏ธ3090 Cr
Other Income : 100โก๏ธ130 Cr
EBITDA : 394โก๏ธ427 Cr
Margin : 11.5%โก๏ธ13.8%
PAT : 104โก๏ธ135 Cr
Please Note That The Company Has Recorded An Other Income of 30.63 Cr on Account of Interest On Arbitration Award Which Is Non-recurring in Nature
Adjusted EBITDA :
394โก๏ธ396.4 Cr
Adj. EBITDA Margin :
11.5%โก๏ธ12.8%
Adjusted PAT :
104โก๏ธ104.4 Cr
Their Is Also A Deferred Tax Adjustment of 39 Cr Which Was 7.3 Cr YoY
Revenue Degrowth Of 10.3%
But Operationally Decent
At Bottomline Level Good Degrowth Seen if Numbers Are Adjusted, PAT Comes At Roughly 70-75 Cr
Orderbook : 34,152 Cr
(Excluding L1 10,154 Cr)
Repays 600 Cr Debt From Proceeds Raised From The IPO
Net Debt : 2640
Considering It's Rich Valuations But Election Impact And Monsoon,
I won't Say Numbers Are Bad But Neutral To Slight Negative
Neutral Numbers
Rev : 3434โก๏ธ3090 Cr
Other Income : 100โก๏ธ130 Cr
EBITDA : 394โก๏ธ427 Cr
Margin : 11.5%โก๏ธ13.8%
PAT : 104โก๏ธ135 Cr
Please Note That The Company Has Recorded An Other Income of 30.63 Cr on Account of Interest On Arbitration Award Which Is Non-recurring in Nature
Adjusted EBITDA :
394โก๏ธ396.4 Cr
Adj. EBITDA Margin :
11.5%โก๏ธ12.8%
Adjusted PAT :
104โก๏ธ104.4 Cr
Their Is Also A Deferred Tax Adjustment of 39 Cr Which Was 7.3 Cr YoY
Revenue Degrowth Of 10.3%
But Operationally Decent
At Bottomline Level Good Degrowth Seen if Numbers Are Adjusted, PAT Comes At Roughly 70-75 Cr
Orderbook : 34,152 Cr
(Excluding L1 10,154 Cr)
Repays 600 Cr Debt From Proceeds Raised From The IPO
Net Debt : 2640
Considering It's Rich Valuations But Election Impact And Monsoon,
I won't Say Numbers Are Bad But Neutral To Slight Negative
IPO & BUYBACK
23 Nov, 17:14
Solarworld Energy Solutions Limited Raises Pre-IPO Placement
Total Raise : 110 Cr
Investors :
โช๏ธ ValueQuest Fund And VQ Fastercap Fund (Ravi Dharamshi) : 95 Cr
โช๏ธ Vanaja Sundar Iyer : 5 Cr
โช๏ธ 15 HNI Individuals : 10 Cr
IPO Size : 600 cr
Total Raise : 110 Cr
Investors :
โช๏ธ ValueQuest Fund And VQ Fastercap Fund (Ravi Dharamshi) : 95 Cr
โช๏ธ Vanaja Sundar Iyer : 5 Cr
โช๏ธ 15 HNI Individuals : 10 Cr
IPO Size : 600 cr
IPO & BUYBACK
23 Nov, 02:52
3 Best Mutual funds in my portfolio that are beating Index returns:
๐ข Motilal Oswal Midcap Fund
๐ข Parag Parikh Flexi-Cap Fund
๐ข Nippon India Small Cap Fund
๐ข Motilal Oswal Midcap Fund
๐ข Parag Parikh Flexi-Cap Fund
๐ข Nippon India Small Cap Fund
IPO & BUYBACK
23 Nov, 02:41
NTPC Green Energy Ltd. has entered into a Joint Venture with the New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP).
The partnership aims to set up renewable energy projects worth โน2,00,000 crore in the state.
The focus of the venture will be on:
๐กบ 25 GW of Solar and Wind power
๐กบ 10 GW of Pumped Storage
๐กบ 0.5 MMTPA of Green Hydrogen
The partnership aims to set up renewable energy projects worth โน2,00,000 crore in the state.
The focus of the venture will be on:
๐กบ 25 GW of Solar and Wind power
๐กบ 10 GW of Pumped Storage
๐กบ 0.5 MMTPA of Green Hydrogen
IPO & BUYBACK
23 Nov, 02:39
โMicrocaps are fine but nanocaps are the ticket to wealth; you just have to be poor enough to buy them.โ
IPO & BUYBACK
22 Nov, 14:19
NTPC Green IPO Closing Today
The Subscription Is Extremely Poor
QIBs Showing No Interest,
BHNI Not Even 50%,
SHNI Just 1ร,
Employee Quota Undersubscribed Which is Rare To See
Just Retailers Are Having Enthusiasm in this IPO
Expecting Premiums To Go In Red Soon And We Can Witness Huge Pressure Post Allotment.
The Subscription Is Extremely Poor
QIBs Showing No Interest,
BHNI Not Even 50%,
SHNI Just 1ร,
Employee Quota Undersubscribed Which is Rare To See
Just Retailers Are Having Enthusiasm in this IPO
Expecting Premiums To Go In Red Soon And We Can Witness Huge Pressure Post Allotment.
IPO & BUYBACK
22 Nov, 02:53
NTPC Green Energy Limited IPO
Final Verdict
AVOID
Highlights of the Issue :
Date : 19-22 November
Price Band : 102-108
Size : 10,000 Cr
(Full Fresh)
M.cap : 91,010 Cr
Objects Of The Issue :
1.Repayment Of Debt - 7500 Cr
2.GCP - 2500 Cr
Key Pointers
โช๏ธ NTPC Is A 'Maharatra' And Largest Renewable Energy PSE (Excluding Hydro) And One Of The Largest IPPs In India
โช๏ธ NGEL Currently Has 3.2 GW Of Renewable Energy Assets And Aims To Scale It To 19 GW By FY27 And Ambitious Aim Of 60 GW By FY32
โช๏ธ NGEL Has Strong Parentage From NTPC Limited And Enjoys Strong Credit Rating of Crisil AAA/Stable in Domestic Facilities And BBBโ Globally
โช๏ธ NGEL Aims To Venture Into Storage Solutions And Hydrogen Derivatives Going Forward
Operational Capacity And Projections Given By The Management
Current : 3.3 GW
FY25 : 3.3 GW + 3 GW
FY26 : 6.3 GW + 5 GW
FY27 : 11.3 GW + 8 GW
Total FY27 : 19.3 GW
FY32 : 60 GW
Forward Projections :
FY24
Rev : 1963 Cr
EBITDA : 1746 Cr
PAT : 345 Cr
H1FY25
Rev : 1082 Cr
EBITDA : 931.6 Cr
PAT : 175.3 Cr
FY25E*
Rev : 2340 Cr
EBITDA : 2050 Cr
FY26E*
Rev : 4880 Cr
EBITDA : 4190 Cr
FY27E*
Rev : 9380 Cr
EBITDA : 7880 Cr
Comparison With Closest Peer On EV/EBITDA Multiple
Adani Green (Considering Multiples Before The Allegations)
FY24 : 34.2ร
FY25E : 23.8ร
FY26E : 18.2ร
FY27E : 13.8ร
NTPC Green Energy Limited
FY24 : 61.6ร
FY25E : 52.5
FY26E : 25.7ร
FY27E* : 13.7ร
Giving It 12.5ร FY27E
EV/EBITDA, Fair Value Comes At 98, Indicating An Downside Of 8.8%
NGEL Outsources EPC And O&M Services And Considering A PSU And Execution Laggards Seen In Past Could Give It A More Lower Valuation But The Multiple Given By Me is On the Hope That The Management Delivers Their Word
Actually The Fair Value Stated Above Of 98 Should Have Been Seen After Medium Term Say 6-12 Months But The IPO Pricing Was Done Such A Way That The Juice Left For The Investors Was Completely Soaked
The People Of Good Risk Appetite And With A View Of 2-3 Years Can Only Explore This IPO
Hence A Much Anticipated IPO With Bright Future Prospects Coming At Non-Investor Friendly Valuations
The Whole Analysis Is Just A Personal View,
Only For Educational Purposes
Final Verdict
AVOID
Highlights of the Issue :
Date : 19-22 November
Price Band : 102-108
Size : 10,000 Cr
(Full Fresh)
M.cap : 91,010 Cr
Objects Of The Issue :
1.Repayment Of Debt - 7500 Cr
2.GCP - 2500 Cr
Key Pointers
โช๏ธ NTPC Is A 'Maharatra' And Largest Renewable Energy PSE (Excluding Hydro) And One Of The Largest IPPs In India
โช๏ธ NGEL Currently Has 3.2 GW Of Renewable Energy Assets And Aims To Scale It To 19 GW By FY27 And Ambitious Aim Of 60 GW By FY32
โช๏ธ NGEL Has Strong Parentage From NTPC Limited And Enjoys Strong Credit Rating of Crisil AAA/Stable in Domestic Facilities And BBBโ Globally
โช๏ธ NGEL Aims To Venture Into Storage Solutions And Hydrogen Derivatives Going Forward
Operational Capacity And Projections Given By The Management
Current : 3.3 GW
FY25 : 3.3 GW + 3 GW
FY26 : 6.3 GW + 5 GW
FY27 : 11.3 GW + 8 GW
Total FY27 : 19.3 GW
FY32 : 60 GW
Forward Projections :
FY24
Rev : 1963 Cr
EBITDA : 1746 Cr
PAT : 345 Cr
H1FY25
Rev : 1082 Cr
EBITDA : 931.6 Cr
PAT : 175.3 Cr
FY25E*
Rev : 2340 Cr
EBITDA : 2050 Cr
FY26E*
Rev : 4880 Cr
EBITDA : 4190 Cr
FY27E*
Rev : 9380 Cr
EBITDA : 7880 Cr
Comparison With Closest Peer On EV/EBITDA Multiple
Adani Green (Considering Multiples Before The Allegations)
FY24 : 34.2ร
FY25E : 23.8ร
FY26E : 18.2ร
FY27E : 13.8ร
NTPC Green Energy Limited
FY24 : 61.6ร
FY25E : 52.5
FY26E : 25.7ร
FY27E* : 13.7ร
Giving It 12.5ร FY27E
EV/EBITDA, Fair Value Comes At 98, Indicating An Downside Of 8.8%
NGEL Outsources EPC And O&M Services And Considering A PSU And Execution Laggards Seen In Past Could Give It A More Lower Valuation But The Multiple Given By Me is On the Hope That The Management Delivers Their Word
Actually The Fair Value Stated Above Of 98 Should Have Been Seen After Medium Term Say 6-12 Months But The IPO Pricing Was Done Such A Way That The Juice Left For The Investors Was Completely Soaked
The People Of Good Risk Appetite And With A View Of 2-3 Years Can Only Explore This IPO
Hence A Much Anticipated IPO With Bright Future Prospects Coming At Non-Investor Friendly Valuations
The Whole Analysis Is Just A Personal View,
Only For Educational Purposes
IPO & BUYBACK
21 Nov, 16:06
Chennai Based Leading Human Resource Solutions Provider
CIEL HR Services Limited Files DRHP With SEBI
Size :
Fresh - 335 Cr
OFS - 47,39,336 Shares
FV : 2
Retail : 10%
FY23
Revenue : 800 Cr
Net Loss : (3.1 Cr)
FY24
Revenue : 1088 Cr
PAT : 11 Cr
Q1 FY25
Revenue : 326 Cr
PAT : 3.2 Cr
Clientele : Swiggy Limited,
Puma Sports, Niva Bupa,
Brigade Ent, Blue Star,
Axis Bank, Aditya Birla Group,
LM : Ambit, Centrum Capital,
HDFC Bank
CIEL HR Services Limited Files DRHP With SEBI
Size :
Fresh - 335 Cr
OFS - 47,39,336 Shares
FV : 2
Retail : 10%
FY23
Revenue : 800 Cr
Net Loss : (3.1 Cr)
FY24
Revenue : 1088 Cr
PAT : 11 Cr
Q1 FY25
Revenue : 326 Cr
PAT : 3.2 Cr
Clientele : Swiggy Limited,
Puma Sports, Niva Bupa,
Brigade Ent, Blue Star,
Axis Bank, Aditya Birla Group,
LM : Ambit, Centrum Capital,
HDFC Bank
IPO & BUYBACK
21 Nov, 16:05
OFS Alert
Protean EGov Technologies Limited
Seller : NSE Investments
Floor Price : 1550/- (Upto 16% Discount To CMP)
Base Issue : 10.16% Equity
Greenshoe Option : 10.15% Equity
The Total Deal Size Can Be ~1350 Cr Considering Exercise of Greenshoe Option
One Of The Most Hyped Story Which Has Witnessed Almost
Half A Dozen Deals This Year
NSE Investments Own 20.31% Stake in the Company,
Post OFS, NSE Will Exit The Company
Protean Is An Underperfoming Institution From Last 8 Years And Will Continue To Do That
Protean EGov Technologies Limited
Seller : NSE Investments
Floor Price : 1550/- (Upto 16% Discount To CMP)
Base Issue : 10.16% Equity
Greenshoe Option : 10.15% Equity
The Total Deal Size Can Be ~1350 Cr Considering Exercise of Greenshoe Option
One Of The Most Hyped Story Which Has Witnessed Almost
Half A Dozen Deals This Year
NSE Investments Own 20.31% Stake in the Company,
Post OFS, NSE Will Exit The Company
Protean Is An Underperfoming Institution From Last 8 Years And Will Continue To Do That
IPO & BUYBACK
21 Nov, 14:34
Enviro Infra Engineers Limited IPO Anchor Book
Extremely Solid Names
โช๏ธ Quant Mutual Fund
โช๏ธ Motilal Oswal Multicap Fund
โช๏ธ Abakkus Diversified (Sunil Singhania)
โช๏ธ Singularity Equity Fund
(Madhusudan Kela)
โช๏ธ Boring AMC (Varinder Bansal, Omkara Capital)
โช๏ธ Nuvama Multi Asset
โช๏ธ LIC MF
Other Investors Include
Meru Investment, Winro,
Mint Focused Growth Fund,
Finavenue Capital, Religo,
Rajasthan Global, M7 Global, Chattisgarh, Vijit Growth,
Smart Horizon, Zeal Global
Largest Allocation is Done To Quant MF (12.84%) And Motilal Oswal (10.27%),
Rare To See These Both Funds in Such A Small Sized IPO
Extremely Solid Names
โช๏ธ Quant Mutual Fund
โช๏ธ Motilal Oswal Multicap Fund
โช๏ธ Abakkus Diversified (Sunil Singhania)
โช๏ธ Singularity Equity Fund
(Madhusudan Kela)
โช๏ธ Boring AMC (Varinder Bansal, Omkara Capital)
โช๏ธ Nuvama Multi Asset
โช๏ธ LIC MF
Other Investors Include
Meru Investment, Winro,
Mint Focused Growth Fund,
Finavenue Capital, Religo,
Rajasthan Global, M7 Global, Chattisgarh, Vijit Growth,
Smart Horizon, Zeal Global
Largest Allocation is Done To Quant MF (12.84%) And Motilal Oswal (10.27%),
Rare To See These Both Funds in Such A Small Sized IPO
IPO & BUYBACK
20 Nov, 16:28
Chattrapati Sambhajinagar,
Maharashtra Based Leading
Component Manufacturer For Automotive & White Goods Industries
Belrise Industries Limited
(Formerly Badve Engineering) Files DRHP With SEBI
Size : 2150 Cr
(Full Fresh)
FV : 5
Retail : 35%
FY23
Revenue : 6621 Cr
PAT : 313.7 Cr
FY24
Revenue : 7557 Cr
PAT : 323 Cr
Q1 FY25
Revenue : 1792 Cr
PAT : 71.6 Cr
LM : Axis Capital, HSBC,
Jefferies, SBI Capital
Belrise Industries Currently Has 3 Product Segments
1.Automotive - 2W
โช๏ธ Sheet Metal Components
โช๏ธ Polymer Based Components
โช๏ธ Braking Systems
โช๏ธ Motor And Chargers
2.Automotive - 4W
โช๏ธ Sheet Metal Components
โช๏ธ Polymer Based Components
โช๏ธ Suspension Systems
3.Non-Automotive
โช๏ธ Polymer Based Regrigerator Parts
*Company Is Set To Commence Production in Q4 FY25 For Solar Panel Components
Belrise Also Has A Good Presence in EV Components Manufacturing
โช๏ธ Belrise Industries Limited Intends To Use Majority Proceeds For Repayment of Debt (1618 Cr)
Clientele : Bajaj Auto, Eicher,
Hero Motocorp, M&M, TVS,
Honda, TAFE, Tata, Exide,
Ford, Fiat, Bharat Benz, Emerson, Volkswagen, LG,
Hero Electric, Okinawa,
Tenneco, Volvo
One Of The Most Reputed Companies In Maharashtra And A Familiar Name For Me.
Maharashtra Based Leading
Component Manufacturer For Automotive & White Goods Industries
Belrise Industries Limited
(Formerly Badve Engineering) Files DRHP With SEBI
Size : 2150 Cr
(Full Fresh)
FV : 5
Retail : 35%
FY23
Revenue : 6621 Cr
PAT : 313.7 Cr
FY24
Revenue : 7557 Cr
PAT : 323 Cr
Q1 FY25
Revenue : 1792 Cr
PAT : 71.6 Cr
LM : Axis Capital, HSBC,
Jefferies, SBI Capital
Belrise Industries Currently Has 3 Product Segments
1.Automotive - 2W
โช๏ธ Sheet Metal Components
โช๏ธ Polymer Based Components
โช๏ธ Braking Systems
โช๏ธ Motor And Chargers
2.Automotive - 4W
โช๏ธ Sheet Metal Components
โช๏ธ Polymer Based Components
โช๏ธ Suspension Systems
3.Non-Automotive
โช๏ธ Polymer Based Regrigerator Parts
*Company Is Set To Commence Production in Q4 FY25 For Solar Panel Components
Belrise Also Has A Good Presence in EV Components Manufacturing
โช๏ธ Belrise Industries Limited Intends To Use Majority Proceeds For Repayment of Debt (1618 Cr)
Clientele : Bajaj Auto, Eicher,
Hero Motocorp, M&M, TVS,
Honda, TAFE, Tata, Exide,
Ford, Fiat, Bharat Benz, Emerson, Volkswagen, LG,
Hero Electric, Okinawa,
Tenneco, Volvo
One Of The Most Reputed Companies In Maharashtra And A Familiar Name For Me.
IPO & BUYBACK
19 Nov, 13:45
Gurugram Based Leading Solar Module Manufacturer With An Operational Capacity Of 1.8 GW And EPC And Operations And Maintenance (O&M) Services Provider
Saatvik Green Energy Limited Files DRHP With SEBI
Size : 1150 Cr
Fresh - 850 Cr
OFS - 300 Cr
FV : 2
Retail : 35%
FY23
Revenue : 618 Cr
PAT : 4.7 Cr
FY24
Revenue : 1097 Cr
PAT : 100.4 Cr
Q1 FY25
Revenue : 254 Cr
PAT : 21.1 Cr
LM : DAM Capital,
Ambit, Motilal Oswal
Company Will Use Majority Proceeds To Fund It's New 4 GW Solar Module Facility
Saatvik Green Energy Limited Files DRHP With SEBI
Size : 1150 Cr
Fresh - 850 Cr
OFS - 300 Cr
FV : 2
Retail : 35%
FY23
Revenue : 618 Cr
PAT : 4.7 Cr
FY24
Revenue : 1097 Cr
PAT : 100.4 Cr
Q1 FY25
Revenue : 254 Cr
PAT : 21.1 Cr
LM : DAM Capital,
Ambit, Motilal Oswal
Company Will Use Majority Proceeds To Fund It's New 4 GW Solar Module Facility
IPO & BUYBACK
19 Nov, 13:43
Vishal Mega Mart Limited's IPO To Hit The Markets In Mid-December
Vishal Mega Mart Is A Leading Value Supermarket Chain With 630+ Stores in 350+ Cities Pan-India
IPO Size : 8,000 Cr
(Full OFS)
Retail : 35%
FY24
Revenue : 8912 Cr
PAT : 462 Cr
Q1 FY25
Revenue : 2604 Cr
PAT : 148.5 Cr
PE Fund Kedaara Capital Owns 96.55% Equity in The Company Whereas 2.45% Stake is Owned By It's CEO Gunendar Kapur
Vishal Mega Mart Is A Leading Value Supermarket Chain With 630+ Stores in 350+ Cities Pan-India
IPO Size : 8,000 Cr
(Full OFS)
Retail : 35%
FY24
Revenue : 8912 Cr
PAT : 462 Cr
Q1 FY25
Revenue : 2604 Cr
PAT : 148.5 Cr
PE Fund Kedaara Capital Owns 96.55% Equity in The Company Whereas 2.45% Stake is Owned By It's CEO Gunendar Kapur
IPO & BUYBACK
19 Nov, 13:42
Valsad, Gujarat Based India's Largest Third-party Owner And Operator of Tank Storage Terminals For LPG And Liquified Products Providing Storage Facilities And Associated Infrastructure To
Petroleum, Lubricants, Vegatable Oil And Various Categories Of Chemicals And Gases
Aegis Vopak Terminals Limited Files DRHP With SEBI
Size : 3500 Cr
(Full Fresh)
FV : 10
Retail : 10%
FY23
Revenue : 356 Cr
Net Loss : (0.75 Cr)
FY24
Revenue : 570 Cr
PAT : 86.5 Cr
Q1 FY25
Revenue : 156.4 Cr
PAT : 25.8 Cr
LM : ICICI Sec, Jefferies,
BNP Paribas, IIFL Capital,
HDFC Bank
Aegis Vopak Terminals Limited Is A Joint Venture Between Listed Aegis Logistics Limited (50.1%) And Dutch MNC Royal Vopak (47.3%)
360 One Special Opportunities Fund Has Invested 240 Cr In Its Pre-IPO Round At 235/- Share At 10,000 Cr M.cap
AVTL Has 5 Operational Ports, 12.23% Market Share in National Static Capacity in India's LPG, AVTL Handles 61% Of LPG Imports In India
Company Currently Has 5 Ports And 18 Tank Terminals
Ports In
โช๏ธ Haldia, Mangalore, Kochi,
Kandla, Pipavav
โช๏ธ JNPA Mumbai To Get Operational in Current Financial Year (102k CBM)
Company Intends To Repay The Debt Of 2070 Cr Debt And Spend 671 Cr For Capex
Towards Contracted Acquisition of the Cryogenic LPG Terminal at Mangalore
Petroleum, Lubricants, Vegatable Oil And Various Categories Of Chemicals And Gases
Aegis Vopak Terminals Limited Files DRHP With SEBI
Size : 3500 Cr
(Full Fresh)
FV : 10
Retail : 10%
FY23
Revenue : 356 Cr
Net Loss : (0.75 Cr)
FY24
Revenue : 570 Cr
PAT : 86.5 Cr
Q1 FY25
Revenue : 156.4 Cr
PAT : 25.8 Cr
LM : ICICI Sec, Jefferies,
BNP Paribas, IIFL Capital,
HDFC Bank
Aegis Vopak Terminals Limited Is A Joint Venture Between Listed Aegis Logistics Limited (50.1%) And Dutch MNC Royal Vopak (47.3%)
360 One Special Opportunities Fund Has Invested 240 Cr In Its Pre-IPO Round At 235/- Share At 10,000 Cr M.cap
AVTL Has 5 Operational Ports, 12.23% Market Share in National Static Capacity in India's LPG, AVTL Handles 61% Of LPG Imports In India
Company Currently Has 5 Ports And 18 Tank Terminals
Ports In
โช๏ธ Haldia, Mangalore, Kochi,
Kandla, Pipavav
โช๏ธ JNPA Mumbai To Get Operational in Current Financial Year (102k CBM)
Company Intends To Repay The Debt Of 2070 Cr Debt And Spend 671 Cr For Capex
Towards Contracted Acquisition of the Cryogenic LPG Terminal at Mangalore
IPO & BUYBACK
16 Nov, 17:37
10 Solid Companies that have posted Excellent Results this earnings season:
1๏ธโฃTirupati Forge
2๏ธโฃNibe
3๏ธโฃOriana Power Ltd
4๏ธโฃRefex Industries
5๏ธโฃMarine Electricals
6๏ธโฃPIGL
7๏ธโฃZen Technologies
8๏ธโฃWaaree Renewable Technologies
9๏ธโฃAVP Infracon
๐Slone Infosystem
1๏ธโฃTirupati Forge
2๏ธโฃNibe
3๏ธโฃOriana Power Ltd
4๏ธโฃRefex Industries
5๏ธโฃMarine Electricals
6๏ธโฃPIGL
7๏ธโฃZen Technologies
8๏ธโฃWaaree Renewable Technologies
9๏ธโฃAVP Infracon
๐Slone Infosystem
IPO & BUYBACK
16 Nov, 17:31
Indian Taxation System:
If you want to buy a XUV-700 mid variant in India and drive it for 1 Lakh Kms, you have to earn Rs.34.00 Lakhs and then pay around 16.80 Lakhs of your hard earned money vide various taxes which is roughly around 50% of your income. And this for a Car which is priced at Rs.11.80 Lakhs by the Manufacturer. Yes that's almost 1.5 times of the original Car price.
Want to know How? Lets drive below:
You earned a salary or Business Income of Rs.34,00,000/-, Income tax on the above- 7,33,200/- (New Regime), so you get In hand after Tax- 26,66,800/-
Now suppose you go to buy an XUV-700 (AX5 Petrol)
Car Manufacturer Price-11,79,333/-
GST-28%- 3,30,213/-,
Cess-22%- 2,59,454/-.
So Ex Showroom Price- 17,69,000/-
5 Years Registration Charge- 98,295/-
Insurance- 84,669/- (Including 18% GST-Rs. 12,915)
On road Price- 19,51,964/-
Further assume, you run this car for 1,00,000 kms, total petrol required at 15 Kmpl mileage- 6667 liters.
Upon buying that amount of petrol, you spend- 6667* Rs. 105 per liter=7,00,035/-, out of which 55% is tax which amounts to Rs.- 2,45,012.
So, apparently if you add up all the taxes paid it comes to around- 16,79,089/-.
(There is of course GST on servicing cost, Insurance renewal and other repairs which can be added)
So yes, earning and running an SUV in India is actually a very costly affair!
If you want to buy a XUV-700 mid variant in India and drive it for 1 Lakh Kms, you have to earn Rs.34.00 Lakhs and then pay around 16.80 Lakhs of your hard earned money vide various taxes which is roughly around 50% of your income. And this for a Car which is priced at Rs.11.80 Lakhs by the Manufacturer. Yes that's almost 1.5 times of the original Car price.
Want to know How? Lets drive below:
You earned a salary or Business Income of Rs.34,00,000/-, Income tax on the above- 7,33,200/- (New Regime), so you get In hand after Tax- 26,66,800/-
Now suppose you go to buy an XUV-700 (AX5 Petrol)
Car Manufacturer Price-11,79,333/-
GST-28%- 3,30,213/-,
Cess-22%- 2,59,454/-.
So Ex Showroom Price- 17,69,000/-
5 Years Registration Charge- 98,295/-
Insurance- 84,669/- (Including 18% GST-Rs. 12,915)
On road Price- 19,51,964/-
Further assume, you run this car for 1,00,000 kms, total petrol required at 15 Kmpl mileage- 6667 liters.
Upon buying that amount of petrol, you spend- 6667* Rs. 105 per liter=7,00,035/-, out of which 55% is tax which amounts to Rs.- 2,45,012.
So, apparently if you add up all the taxes paid it comes to around- 16,79,089/-.
(There is of course GST on servicing cost, Insurance renewal and other repairs which can be added)
So yes, earning and running an SUV in India is actually a very costly affair!
IPO & BUYBACK
16 Nov, 15:08
India's total market cap in 2014 was about $1.4T, which is $5.5T today
If the market was only comprised of $1B companies, there would 5,500 unicorns today, 4x of 1,400 then
Just probabilistically far easier to create a unicorn now, which will significantly improve the ecosystem.
If the market was only comprised of $1B companies, there would 5,500 unicorns today, 4x of 1,400 then
Just probabilistically far easier to create a unicorn now, which will significantly improve the ecosystem.
IPO & BUYBACK
16 Nov, 05:15
NTPC Green - Almost matched my calculations of Rs 1 Lakh crs, company coming for IPO at Rs 91k crs
No short term fireworks
Good for very longterm -best way to accumulate through SIP.
No short term fireworks
Good for very longterm -best way to accumulate through SIP.
IPO & BUYBACK
16 Nov, 05:06
Delhi To San Francisco In Less Than An Hour? Elon Musk Says It's 'Possible' Through Starship.
โ๏ธ Starship could take people from Los Angeles to Toronto in 24 minutes, Delhi to San Francisco in 40 minutes, London to New York in 29 minutes, and New York to Shanghai in 39 minutes.
โ๏ธ Starship could take people from Los Angeles to Toronto in 24 minutes, Delhi to San Francisco in 40 minutes, London to New York in 29 minutes, and New York to Shanghai in 39 minutes.
IPO & BUYBACK
16 Nov, 04:55
Method 3: Through companies guidance or Order book
In this method we try to understand what company is saying and looking forward to and then we use that to estimate the Forward EPS.
Now the company estimated a Top line/Revenue of around 2500 Cr. So, we have to calculate the EPS based on last years PAT margins to make an estimate.
This EPS will be used to calculate the Forward PE.
In this method we try to understand what company is saying and looking forward to and then we use that to estimate the Forward EPS.
Now the company estimated a Top line/Revenue of around 2500 Cr. So, we have to calculate the EPS based on last years PAT margins to make an estimate.
This EPS will be used to calculate the Forward PE.
IPO & BUYBACK
16 Nov, 04:54
First method works best when we understand that the company has started walking on the growth trajectory and this is the first quarter with new growth and they are expecting to grow further or maintain around the same.
Then the second method works best when the company is already walking on the growth path , in that case we can take recent 2 quarters to estimate better.
Understand one thing, we have to also keep updating it as per every successive quarter earnings.
Then the second method works best when the company is already walking on the growth path , in that case we can take recent 2 quarters to estimate better.
Understand one thing, we have to also keep updating it as per every successive quarter earnings.
IPO & BUYBACK
16 Nov, 04:53
Method 2: Using recent 2 quarters
Last 2 quarter EPS- 1.76 + 6.19
Forward EPS full year = 2* (1.76 + 6.19) = 15.9
Forward PE = 570 / 15.9 = 35.8
This is a bit conservative method as we are taking one quarter where growth was pretty less.
Now Lets compare both methods.
Last 2 quarter EPS- 1.76 + 6.19
Forward EPS full year = 2* (1.76 + 6.19) = 15.9
Forward PE = 570 / 15.9 = 35.8
This is a bit conservative method as we are taking one quarter where growth was pretty less.
Now Lets compare both methods.
IPO & BUYBACK
16 Nov, 04:52
Method 1: Current EPS * 4
This is the simplest method, Lets see with an example.
Now in this example the company started walking on growth trajectory with earnings picked up in recent quarter.
Before calculation, we have to study the company to some extent to see whether they can maintain the earnings going forward or not.
If yes , then lets proceed
Current Qtr EPS- 6.19
Forward EPS- 6.19* 4 = 24.76
Forward PE- Current price/ Estimated EPS
Forward PE= 570/24.76 = 23.02
This is how we calculate that the company if keeps on performing this is how PE will look one year down the line if the price stays at same place.
This is the simplest method, Lets see with an example.
Now in this example the company started walking on growth trajectory with earnings picked up in recent quarter.
Before calculation, we have to study the company to some extent to see whether they can maintain the earnings going forward or not.
If yes , then lets proceed
Current Qtr EPS- 6.19
Forward EPS- 6.19* 4 = 24.76
Forward PE- Current price/ Estimated EPS
Forward PE= 570/24.76 = 23.02
This is how we calculate that the company if keeps on performing this is how PE will look one year down the line if the price stays at same place.
IPO & BUYBACK
16 Nov, 04:50
Forward PE tells us whether there is any valuation gap or not in the particular counter.
Because if we are going to invest or trade something then we will only go if there is a chance for us to make money.
So, to understand whether to consider the stock or not we need to learn about Forward PE.
Forward PE is extrapolated no. based on future earnings estimates.
If we understand how to calculate normal PE then calculating Forward PE will be easy.
P/E ratio = Current stock price / EPS (Earnings per share) of the year.
Here, Current stock price is the price at which trading is going on or the latest close price of a stock and EPS is Earning per share of recent 4 quarters which is also know as TTM EPS (Trailing 12 months ).
Lets move on to understand Forward PE.
Forward P/E = Price / EPS
So we need future earnings of letโs say next 4 quarters instead of recent 4 quarters for calculating forward PE.
Ways to calculate the Future EPS: (Note- Itโs will always be an estimate so one has to keep that in mind)
โก๏ธ Multiplying the latest quarter EPS by 4 as assumption here will be that they will do at least this much in coming quarters.
โก๏ธAdding last 2 quarters EPS and then multiply by 2 will give you full EPS. This is more conservative approach.
โก๏ธ Digging into earnings con calls and PPTs to find what the company is expecting in coming years and then using that data calculating the estimates EPS for the year. This will be a more accurate way but needs more efforts. Lets dive deep in the methods more.
Because if we are going to invest or trade something then we will only go if there is a chance for us to make money.
So, to understand whether to consider the stock or not we need to learn about Forward PE.
Forward PE is extrapolated no. based on future earnings estimates.
If we understand how to calculate normal PE then calculating Forward PE will be easy.
P/E ratio = Current stock price / EPS (Earnings per share) of the year.
Here, Current stock price is the price at which trading is going on or the latest close price of a stock and EPS is Earning per share of recent 4 quarters which is also know as TTM EPS (Trailing 12 months ).
Lets move on to understand Forward PE.
Forward P/E = Price / EPS
So we need future earnings of letโs say next 4 quarters instead of recent 4 quarters for calculating forward PE.
Ways to calculate the Future EPS: (Note- Itโs will always be an estimate so one has to keep that in mind)
โก๏ธ Multiplying the latest quarter EPS by 4 as assumption here will be that they will do at least this much in coming quarters.
โก๏ธAdding last 2 quarters EPS and then multiply by 2 will give you full EPS. This is more conservative approach.
โก๏ธ Digging into earnings con calls and PPTs to find what the company is expecting in coming years and then using that data calculating the estimates EPS for the year. This will be a more accurate way but needs more efforts. Lets dive deep in the methods more.
IPO & BUYBACK
14 Nov, 05:37
FIIs have sold about 1.5l crore since Oct 1. And markets have fallen only 10%
This is truly amazing. Who would have thought that supply of this magnitude can be absorbed with only a 10% fall?
This is truly amazing. Who would have thought that supply of this magnitude can be absorbed with only a 10% fall?
IPO & BUYBACK
14 Nov, 02:29
2 New SME IPO's on the NSE Emerge platform announced.
1. C2C Advanced (Much awaited by the pre IPO community)
Issue size - 99 Cr
Price band Rs. 214-226
Dates - 22 to 26 Nov
LM - Mark Corporate and Beeline
2. Lamosaic India -
Issue size - 61 Cr
Price band Rs. 200 (fixed price, no anchors)
Dates - 21 to 26 Nov
LM - Inventure
1. C2C Advanced (Much awaited by the pre IPO community)
Issue size - 99 Cr
Price band Rs. 214-226
Dates - 22 to 26 Nov
LM - Mark Corporate and Beeline
2. Lamosaic India -
Issue size - 61 Cr
Price band Rs. 200 (fixed price, no anchors)
Dates - 21 to 26 Nov
LM - Inventure
IPO & BUYBACK
13 Nov, 15:32
Corrections = Opportunities to find multibaggers. ๐ฅ
Some promising undervalued growth stocks: ๐
1) EFC (I) Ltd
2) AVG Logistics Ltd
3) Fiem Industries Ltd
4) Sterling Tools Ltd
5) TPL Plastech Ltd
6) Frog Cellsat Ltd
7) Rashi Peripherals Ltd
8) Suyog Telematics Ltd
9) Tara Chand Infralogistic Solutions Ltd
Some promising undervalued growth stocks: ๐
1) EFC (I) Ltd
2) AVG Logistics Ltd
3) Fiem Industries Ltd
4) Sterling Tools Ltd
5) TPL Plastech Ltd
6) Frog Cellsat Ltd
7) Rashi Peripherals Ltd
8) Suyog Telematics Ltd
9) Tara Chand Infralogistic Solutions Ltd
IPO & BUYBACK
13 Nov, 14:52
Vodafone Idea posted 7,100 Crore โน for Q2, Last Two Quarters were also 6,000 Crore+ Loss
18,000 Crore โน were raised through FPO, 7 Month Back.
18,000 seems Big Amount but Not Enough to cover just 3 Quarter Loss!!
When Do You Expect it to Drop in Paise or Below 1 โน?
18,000 Crore โน were raised through FPO, 7 Month Back.
18,000 seems Big Amount but Not Enough to cover just 3 Quarter Loss!!
When Do You Expect it to Drop in Paise or Below 1 โน?
IPO & BUYBACK
13 Nov, 04:17
What just happened!!
๐ Swiggy Lists at a premium of +7%
๐ Acme Solar Lists at a discount of -13%
While one is above expectations (though fair to valuations),
the other is way below expectations (expected small discount)
Surprises all around!
๐ Swiggy Lists at a premium of +7%
๐ Acme Solar Lists at a discount of -13%
While one is above expectations (though fair to valuations),
the other is way below expectations (expected small discount)
Surprises all around!
IPO & BUYBACK
13 Nov, 02:39
NTPC Green Energy IPO Confirmedโ๏ธ
Issue Dates : 19 - 22 November
Price Band : 102 - 108 โน || Lot Size : 138 Shares
Retail Application Amount : 14,904 โน (GMP : 09)
Number of Applications in various categories
RETAIL : 5,90,445 || SMALL HNI : 21,087
BIG HNI : 42,174 || SHAREHOLDERS : 6,70,960
One can Apply upto 13 lots (1,794 Shares) in SH Category + Retail or Small HNI or Big HNI
Those bought NTPC Share till 11th November to be considered as Eleigible for Shareholder Quota
Issue Dates : 19 - 22 November
Price Band : 102 - 108 โน || Lot Size : 138 Shares
Retail Application Amount : 14,904 โน (GMP : 09)
Number of Applications in various categories
RETAIL : 5,90,445 || SMALL HNI : 21,087
BIG HNI : 42,174 || SHAREHOLDERS : 6,70,960
One can Apply upto 13 lots (1,794 Shares) in SH Category + Retail or Small HNI or Big HNI
Those bought NTPC Share till 11th November to be considered as Eleigible for Shareholder Quota
IPO & BUYBACK
13 Nov, 02:34
investing is not easy : NTPC
Price : June'09 : ~ โน 180
Price : June'23 : ~ โน 180
14 YEARS, Stock returns: ZERO,
(Just 5-6% Div Yield)
Since then:
NTPC ~ โน 180 to now โน 380+
100%+ returns in < 14 Months.
Stock returns are always lumpy!
Price : June'09 : ~ โน 180
Price : June'23 : ~ โน 180
14 YEARS, Stock returns: ZERO,
(Just 5-6% Div Yield)
Since then:
NTPC ~ โน 180 to now โน 380+
100%+ returns in < 14 Months.
Stock returns are always lumpy!
IPO & BUYBACK
13 Nov, 02:23
India's Largest Renewable Energy PSE And NTPC's Subsidiary
New Mainboard IPO
NTPC Green Energy Limited
Date : 19-22 November
Issue Size : 10,000 Cr
(Full Fresh)
Price Band : 102-108
Lot : 138 Shares
FV : 10
Retail : 10%
Employee Quota : 200 Cr
(5 Rs. Discount Per Share)
Shareholder Quota : 1,000 Cr
M.Cap : 91,000 Cr
PE FY24 : 264ร
PE FY25 TTM Basis : 260ร
EV/EBITDA
Adani Green : 43ร
Renew Power : 13.6ร
Acme Solar : 20.5ร
NTPC Green : 53ร
FY24
Rev : 2037 Cr
PAT : 345 Cr
H1 FY25
Rev : 1133 Cr
PAT : 175.3 cr
Promoter Holding Post-issue :
100%โก๏ธ89%
Lots :
Retail - 5,90,446
BHNI - 42,175
SHNI - 21,087
Company Has Operational Capacity Of 3.32 GW
This Is Interesting Rather Sad To Say
Acme Solar Had Asked For 17,500 Cr M.cap For It's Operational 3.2 GW Capacity
(100% Solar)
And Being A PSU NTPC Green Is Asking For 91,000 Cr For 3.3 GW
Acme Not One Interested โ๏ธ
NTPC Everyone is Interestedโ ๏ธ
Don't Know Whether
โช๏ธ Acme is Cheap
โช๏ธ NTPC Is Expensive
โช๏ธ Government, Bankers Investors, Retailers Are Intelligent
*Eligible Shareholders For Shareholder Quota Having Minimum 1 Share Of NTPC Limited will Be Considered On/Before 11th November
New Mainboard IPO
NTPC Green Energy Limited
Date : 19-22 November
Issue Size : 10,000 Cr
(Full Fresh)
Price Band : 102-108
Lot : 138 Shares
FV : 10
Retail : 10%
Employee Quota : 200 Cr
(5 Rs. Discount Per Share)
Shareholder Quota : 1,000 Cr
M.Cap : 91,000 Cr
PE FY24 : 264ร
PE FY25 TTM Basis : 260ร
EV/EBITDA
Adani Green : 43ร
Renew Power : 13.6ร
Acme Solar : 20.5ร
NTPC Green : 53ร
FY24
Rev : 2037 Cr
PAT : 345 Cr
H1 FY25
Rev : 1133 Cr
PAT : 175.3 cr
Promoter Holding Post-issue :
100%โก๏ธ89%
Lots :
Retail - 5,90,446
BHNI - 42,175
SHNI - 21,087
Company Has Operational Capacity Of 3.32 GW
This Is Interesting Rather Sad To Say
Acme Solar Had Asked For 17,500 Cr M.cap For It's Operational 3.2 GW Capacity
(100% Solar)
And Being A PSU NTPC Green Is Asking For 91,000 Cr For 3.3 GW
Acme Not One Interested โ๏ธ
NTPC Everyone is Interestedโ ๏ธ
Don't Know Whether
โช๏ธ Acme is Cheap
โช๏ธ NTPC Is Expensive
โช๏ธ Government, Bankers Investors, Retailers Are Intelligent
*Eligible Shareholders For Shareholder Quota Having Minimum 1 Share Of NTPC Limited will Be Considered On/Before 11th November
IPO & BUYBACK
31 Oct, 06:06
Happy Diwali 2024
SIP Stocks you must gift your next generation:
1) ABB
2) Solar Inds
3) HDFC life
4) ITC
5) Pidilite
6) Tata Consumer
7) Trent
8) Reliance
9) Tasty Bites
10) Asian paints
11) Kotak bank
12) Power India
13) Sanofi
14) 3M India
15) Schaeffler
SIP Stocks you must gift your next generation:
1) ABB
2) Solar Inds
3) HDFC life
4) ITC
5) Pidilite
6) Tata Consumer
7) Trent
8) Reliance
9) Tasty Bites
10) Asian paints
11) Kotak bank
12) Power India
13) Sanofi
14) 3M India
15) Schaeffler
IPO & BUYBACK
31 Oct, 06:05
Allotment out
Afcons Infrastructure Limited
linkintime.co.in/Initial_Offer/โฆ
Afcons Infrastructure Limited
linkintime.co.in/Initial_Offer/โฆ
IPO & BUYBACK
31 Oct, 03:49
๐ฅ๐ฅ Muhurat Trading - Diwali 2024
The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will hold its annual Diwali Muhurat trading session on -
โFriday, November 1, 2024โ, from 6:00 PM to 7:00 PM, celebrating the start of the Hindu calendar year Samvat 2081.
The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will hold its annual Diwali Muhurat trading session on -
โFriday, November 1, 2024โ, from 6:00 PM to 7:00 PM, celebrating the start of the Hindu calendar year Samvat 2081.
IPO & BUYBACK
31 Oct, 03:48
Acme Solar Holdings Limited IPO Full details
Opening Date : 06 November 2024
Closing Date: 08 November 2024
Allotment Date: 11 November 2024
Refund : 12 November 2024
Listing Date: 13 November 2024
Fresh Issue : 2395 cr
Offer for Sale: 505 cr
Issue Size: 2900 cr
Face Value : 2
Registrar : link in time
Listing At : NSE & BSE
Price Band: 275 to 289
Lot Size : 51
Retail Quota : 10%
Opening Date : 06 November 2024
Closing Date: 08 November 2024
Allotment Date: 11 November 2024
Refund : 12 November 2024
Listing Date: 13 November 2024
Fresh Issue : 2395 cr
Offer for Sale: 505 cr
Issue Size: 2900 cr
Face Value : 2
Registrar : link in time
Listing At : NSE & BSE
Price Band: 275 to 289
Lot Size : 51
Retail Quota : 10%
IPO & BUYBACK
31 Oct, 03:47
โจ HDB Financial Services
files DRHP worth โน12,500 Cr
Upto 10% quota reserved for Shareholders of HDFC Bank. โ
๐ No need to buy it just now.
You have at least 1-1.5 months to buy the share.
files DRHP worth โน12,500 Cr
Upto 10% quota reserved for Shareholders of HDFC Bank. โ
๐ No need to buy it just now.
You have at least 1-1.5 months to buy the share.
IPO & BUYBACK
31 Oct, 03:47
Doesn't matter if Number of Applications are 1 Crore or 10 Lakh!!
Linkintime has remained consistent in Delaying the Allotment.
Afcons Infrastructure is also delayed, What a Pathetic Registrar is LINKINTIME๐จ
Linkintime has remained consistent in Delaying the Allotment.
Afcons Infrastructure is also delayed, What a Pathetic Registrar is LINKINTIME๐จ
IPO & BUYBACK
30 Oct, 17:32
20 Shares below Rs 100, only buyers were seen in these stocks today๐น
1. Yash Chemex Ltd
2. Tirupati Sarjan Ltd
3. Pharmaids Pharmaceuticals Ltd
4. Gravity (India) Ltd
5. Khandelwal Extractions Ltd
6. The Byke Hospitality Ltd
7. LWS Knitwear Ltd
8. Polo Queen Industrial and Fintech Ltd
9. Indrayani Biotech Ltd
10. Titan Intech Ltd
11. Brawn Biotech Ltd
12. Shreyas Intermediates Ltd
13. Garbi Finvest Ltd
14. Super Tannery Ltd
15. Rama Steel Tubes Ltd
16. Abans Enterprises Ltd
17. Kridhan Infra Ltd
18. Excel Realty N Infra Ltd
19. Rudra Ecovation Ltd
20. Grovy India Ltd
1. Yash Chemex Ltd
2. Tirupati Sarjan Ltd
3. Pharmaids Pharmaceuticals Ltd
4. Gravity (India) Ltd
5. Khandelwal Extractions Ltd
6. The Byke Hospitality Ltd
7. LWS Knitwear Ltd
8. Polo Queen Industrial and Fintech Ltd
9. Indrayani Biotech Ltd
10. Titan Intech Ltd
11. Brawn Biotech Ltd
12. Shreyas Intermediates Ltd
13. Garbi Finvest Ltd
14. Super Tannery Ltd
15. Rama Steel Tubes Ltd
16. Abans Enterprises Ltd
17. Kridhan Infra Ltd
18. Excel Realty N Infra Ltd
19. Rudra Ecovation Ltd
20. Grovy India Ltd
IPO & BUYBACK
30 Oct, 15:21
Revenue in FY13:
Zomato: 11 Cr
Domino's India: 1,407 Cr
Revenue in FY24:
Zomato: 12,120 Cr (1,100x)
Domino's: 5,650 Cr (4x)
Selling shovels in a gold rush more explosive than selling gold
Zomato: 11 Cr
Domino's India: 1,407 Cr
Revenue in FY24:
Zomato: 12,120 Cr (1,100x)
Domino's: 5,650 Cr (4x)
Selling shovels in a gold rush more explosive than selling gold
IPO & BUYBACK
30 Oct, 15:20
(1)Nalwa Sons
(2) Kalyani Investment
(3) SIL Investment
(4) Maharashtra Scooter
(5) Pilani Investment
(6) Haryana Capfin
(7) Taparia tools
Stocks available at very low rate
(2) Kalyani Investment
(3) SIL Investment
(4) Maharashtra Scooter
(5) Pilani Investment
(6) Haryana Capfin
(7) Taparia tools
Stocks available at very low rate
IPO & BUYBACK
30 Oct, 15:17
๐ข No More Wait, New Mainboard IPO Confirmed ๐
๐งโโ๏ธ Niva Bupa Health Insurance IPO ๐งโโ๏ธ
IPO Dates : 06 - 08 November 2024
Face Value : โน10
Fresh Issue: โน800.00 Crore
OFS: โน2,200.00 Crore
Retail Portion : 10%
TOTAL 3000 CR
๐งโโ๏ธ Niva Bupa Health Insurance IPO ๐งโโ๏ธ
IPO Dates : 06 - 08 November 2024
Face Value : โน10
Fresh Issue: โน800.00 Crore
OFS: โน2,200.00 Crore
Retail Portion : 10%
TOTAL 3000 CR
IPO & BUYBACK
29 Oct, 17:16
Most Popular Stock in India is Yesbank, It has 62,47,735 Shareholders.
Six Years Back Prior to beginning of the fall, It has 3,93,076 Public Shareholders in June, 2018.
Bigger the fall, Bigger is Number of Shareholder!
Six Years Back Prior to beginning of the fall, It has 3,93,076 Public Shareholders in June, 2018.
Bigger the fall, Bigger is Number of Shareholder!
IPO & BUYBACK
29 Oct, 15:56
Sagility India Limited IPO ๐
It was Formerly Known As Hinduja Global Healthcare,
It was A Takeover From Hinduja Group By Swedish Investment Firm EQT
Sagility India is A Global Insurance And Healthcare Business Process Management Company (BPM)
FY24
Revenue : 4781 Cr
PAT : 228 Cr
As Per Articles, IPO Size Can Be 3500-4000 Cr
It was Formerly Known As Hinduja Global Healthcare,
It was A Takeover From Hinduja Group By Swedish Investment Firm EQT
Sagility India is A Global Insurance And Healthcare Business Process Management Company (BPM)
FY24
Revenue : 4781 Cr
PAT : 228 Cr
As Per Articles, IPO Size Can Be 3500-4000 Cr
IPO & BUYBACK
29 Oct, 14:31
Bitcoin prices are skyrocketing:
This year, Bitcoin is now up over 60% and on track to be one of the best performing assets of 2024.
Over the last 12 months alone, crypto markets have added $1.5 TRILLION of market cap.
This year, Bitcoin is now up over 60% and on track to be one of the best performing assets of 2024.
Over the last 12 months alone, crypto markets have added $1.5 TRILLION of market cap.
IPO & BUYBACK
29 Oct, 13:52
AVTL - A subsidiary of Aegis Logistics, announces a massive โน4,000 crore IPO plan.
Stay tuned for more updates.
Stay tuned for more updates.
IPO & BUYBACK
29 Oct, 13:48
My Diwali Picks:
1/ CAMS: CMP 4300
2/ Polymed: CMP 2580
3/ HDFC AMC: CMP 4400
4/ MCX: CMP 6800
5/ CDSL: CMP 1460
1/ CAMS: CMP 4300
2/ Polymed: CMP 2580
3/ HDFC AMC: CMP 4400
4/ MCX: CMP 6800
5/ CDSL: CMP 1460
IPO & BUYBACK
29 Oct, 13:28
Afcons ๐๏ธ IPO Subscription figure Final
Approx Application received
Big HNI : 29,993
Small HNI : 32,830
Retail : 7,04,552
Chance of Allotment
Big HNI : Firm Allotment
Small HNI : 2 Out of 5
Retail : Firm Allotment
QIBs : 3.99x = 4312 Cr
GMP : โน6
Approx Application received
Big HNI : 29,993
Small HNI : 32,830
Retail : 7,04,552
Chance of Allotment
Big HNI : Firm Allotment
Small HNI : 2 Out of 5
Retail : Firm Allotment
QIBs : 3.99x = 4312 Cr
GMP : โน6
IPO & BUYBACK
28 Oct, 15:37
NTPC Green IPO Approved
Final RHP Coming Soon
IPO Tentative Dates - 12-14 Nov
Allotment Date - 15 Nov
Listing Date Ex - 18 Nov
Hold One Share Of NTPC Tentatively Before 8 Nov To Become Eligible In Share Holder Quota
Final RHP Coming Soon
IPO Tentative Dates - 12-14 Nov
Allotment Date - 15 Nov
Listing Date Ex - 18 Nov
Hold One Share Of NTPC Tentatively Before 8 Nov To Become Eligible In Share Holder Quota
IPO & BUYBACK
28 Oct, 13:21
Best Mid Cap Stocks Watchlist โจ
1- Amber Enterprise
2- Ami Organics
3- Ashoka Buildcon
4- Ask Automotive
5- Birla Soft Ltd
6- Campus
7- Cera Sanitary
8- Chennai Petro
9- Cms Info
10- Doms Industries
11- Epigral Ltd
12- Ganesh Housing
13- Godrej Agrovet
14- Graphite India
15- Gulf Oil
16- Jkpaper
17- Jp Power
18- Knr Construction
19- Lux Industries
20- Maharashtra Seamless
21- Patel Engineering
22- Pg Electroplast
23- Pnc Infratech
24- Rolex Rings
25- Sansera Engineering
26- Saregama
27- Shakti Pumps
28- Sharda Motors
29- Va Tech Wabag
30- Voltamp Transformers
This list is illustrative and is just for tracking purposes only.
The list is sharing again for tracking. Do good use of it๐ค
1- Amber Enterprise
2- Ami Organics
3- Ashoka Buildcon
4- Ask Automotive
5- Birla Soft Ltd
6- Campus
7- Cera Sanitary
8- Chennai Petro
9- Cms Info
10- Doms Industries
11- Epigral Ltd
12- Ganesh Housing
13- Godrej Agrovet
14- Graphite India
15- Gulf Oil
16- Jkpaper
17- Jp Power
18- Knr Construction
19- Lux Industries
20- Maharashtra Seamless
21- Patel Engineering
22- Pg Electroplast
23- Pnc Infratech
24- Rolex Rings
25- Sansera Engineering
26- Saregama
27- Shakti Pumps
28- Sharda Motors
29- Va Tech Wabag
30- Voltamp Transformers
This list is illustrative and is just for tracking purposes only.
The list is sharing again for tracking. Do good use of it๐ค
IPO & BUYBACK
23 Oct, 09:07
๐จBREAKING
Record Retail Subscription in Waaree Energies IPO
Bajaj Housing Finance IPO : 6175820
Waaree Energies IPO : 7088827 (Upto 1:45 PM)
Record Retail Subscription in Waaree Energies IPO
Bajaj Housing Finance IPO : 6175820
Waaree Energies IPO : 7088827 (Upto 1:45 PM)
IPO & BUYBACK
22 Oct, 14:56
Nvidia: Nvidia offers to jointly develop chip with India - The Economic Times
https://m.economictimes.com/tech/technology/nvidia-offers-to-jointly-develop-chip-with-india/articleshow/114438014.cms
https://m.economictimes.com/tech/technology/nvidia-offers-to-jointly-develop-chip-with-india/articleshow/114438014.cms
IPO & BUYBACK
22 Oct, 14:52
India's Biggest Stock Broker in terms of Active Clients, GROWW is now eyeing for the IPO
Company's CEO has confirmed the IPO possibilities but timelines are not clear
Groww has recently paid โน1,340 cr as a one-time tax to move its domicile from the U.S. to India
Company's CEO has confirmed the IPO possibilities but timelines are not clear
Groww has recently paid โน1,340 cr as a one-time tax to move its domicile from the U.S. to India
IPO & BUYBACK
22 Oct, 14:47
How to find undervalued stocks in this market correction:
(Bookmark๐๏ธ)
โข P/E ratio is less than industry P/E
โข Price to book value < 2
โข PEG Ratio < 1.5
โข Debt to equity ratio < 1
โข Return on equity > 20%
โข Return on capital deployed > 15%
โข Promoter Pledging = 0%
(Bookmark๐๏ธ)
โข P/E ratio is less than industry P/E
โข Price to book value < 2
โข PEG Ratio < 1.5
โข Debt to equity ratio < 1
โข Return on equity > 20%
โข Return on capital deployed > 15%
โข Promoter Pledging = 0%
IPO & BUYBACK
22 Oct, 10:20
๐จ๐จ Mazagon Dock Shipbuilders announces 1:2 stock split, declares dividend of โน23 per share
IPO & BUYBACK
21 Oct, 13:59
Snake & Ladder continues in HYUNDAI Motors, GMP from +125 to only 25๐
IPO & BUYBACK
21 Oct, 02:27
Afcons Infrastructure : Much Awaited IPO with Official Details๐
Issue Dates : 25 - 29 October
Price Band : 440 - 463 โน Lot Size : 32 Shares Amount : 14,816 || GMP : 150 (32%)
Applications Required - Retail : 12,76,829 Small HNI : 13,028 Big HNI : 26,057
Issue Dates : 25 - 29 October
Price Band : 440 - 463 โน
Applications Required - Retail : 12,76,829
IPO & BUYBACK
21 Oct, 02:26
Major update :
Afcons final details are out.
Date - 25th to 29th October.
Price - 440 to 463
Gmp approx 35%
Very good gmp considering ipo size.
Afcons final details are out.
Date - 25th to 29th October.
Price - 440 to 463
Gmp approx 35%
Very good gmp considering ipo size.
IPO & BUYBACK
20 Oct, 13:22
Upcoming week is going to be full of IPOs
โก๏ธwaaree Energies
Date - 21 to 23 October
IPO Price - โน1427 to โน1503
Lot size - 9
Issue Size - โน4,321.44 crore
Fresh issue : 83.3%, Offer for sale : 16.7%
Listing date - 28 October
GMP - โน1510 (101%)
โก๏ธDeepak Builders & Engineers
Date - 21 to 23 October
IPO Price - โน192 to โน203
Lot size - 73
Issue Size - โน260.04 crore
Fresh issue : 83.5%, Offer for sale : 16.5%
Listing date - 28 October
GMP - โน60 (29.5%)
โก๏ธGodavari Bio-refineries
Date - 23 to 25 October
IPO Price - โน334 to โน352
Lot size - 42
Issue Size - โน554.75 crore
Fresh issue : 58.6%, Offer for sale : 41.4%
Listing date - 30 October
GMP - Will be updated soon
โก๏ธAfcons Infrastructure
Date - 25 to 29 October
IPO Price - Not yet out
Lot size -
Issue Size - โน5,430 crore
Fresh issue : 23%, Offer for sale : 77%
Listing date - 4 November
GMP -
Listings this week -
Hyundai Motor - 22 October, Tuesday
โก๏ธwaaree Energies
Date - 21 to 23 October
IPO Price - โน1427 to โน1503
Lot size - 9
Issue Size - โน4,321.44 crore
Fresh issue : 83.3%, Offer for sale : 16.7%
Listing date - 28 October
GMP - โน1510 (101%)
โก๏ธDeepak Builders & Engineers
Date - 21 to 23 October
IPO Price - โน192 to โน203
Lot size - 73
Issue Size - โน260.04 crore
Fresh issue : 83.5%, Offer for sale : 16.5%
Listing date - 28 October
GMP - โน60 (29.5%)
โก๏ธGodavari Bio-refineries
Date - 23 to 25 October
IPO Price - โน334 to โน352
Lot size - 42
Issue Size - โน554.75 crore
Fresh issue : 58.6%, Offer for sale : 41.4%
Listing date - 30 October
GMP - Will be updated soon
โก๏ธAfcons Infrastructure
Date - 25 to 29 October
IPO Price - Not yet out
Lot size -
Issue Size - โน5,430 crore
Fresh issue : 23%, Offer for sale : 77%
Listing date - 4 November
GMP -
Listings this week -
Hyundai Motor - 22 October, Tuesday
IPO & BUYBACK
20 Oct, 09:52
๐ต Swiggy Limited IPO
IPO Dates : Early November 2024
Face Value : โน10
Retail Portion : 10%
Issue size : Approx 11,000 Crores
More Details Coming Soon ๐
Swiggy eyes up to $12.7 billion valuation for mega $1.4 billion-plus IPO
On September 24, the firm received the approval from SEBI after its confidential filing of draft share sale documents
IPO Dates : Early November 2024
Face Value : โน10
Retail Portion : 10%
Issue size : Approx 11,000 Crores
More Details Coming Soon ๐
Swiggy eyes up to $12.7 billion valuation for mega $1.4 billion-plus IPO
On September 24, the firm received the approval from SEBI after its confidential filing of draft share sale documents
IPO & BUYBACK
18 Oct, 13:58
NTPC Green IPO Expected in November Month, Interesting Updateโฌ๏ธ
Number of Shareholders after 20 Years of listing (as it listed in 2004) : 17,67,137
Number of Shareholders after 1 Month of DRHP Filing (18 Sept.) of NTPC Green : 35,74,827
1.8 Million New Additions in 1 Month
Number of Shareholders after 20 Years of listing (as it listed in 2004) : 17,67,137
Number of Shareholders after 1 Month of DRHP Filing (18 Sept.) of NTPC Green : 35,74,827
1.8 Million New Additions in 1 Month
IPO & BUYBACK
18 Oct, 02:23
Hyundai motors ipo allotment to be out tonight
kosmic.kfintech.com/ipostatus/
Check with your pan once out.
Gmp (- 2%)
kosmic.kfintech.com/ipostatus/
Check with your pan once out.
Gmp (- 2%)
IPO & BUYBACK
16 Oct, 04:44
Another good opportunity for IPO Investors:
Waaree Energies IPO
Issue Dates : 21 - 23 Oct, 24
Face Value : โน10/-
Issue Size. : โน4340 Crore approx
Price Band : 1427/- to 1503/-
Market Lot : 9 Share
App. Amt. : 13527/-
Retail portion 35%
Waaree Energies IPO
Issue Dates : 21 - 23 Oct, 24
Face Value : โน10/-
Issue Size. : โน4340 Crore approx
Price Band : 1427/- to 1503/-
Market Lot : 9 Share
App. Amt. : 13527/-
Retail portion 35%
IPO & BUYBACK
16 Oct, 04:43
Pranik Logistics Limited SME
Allotment Out
https://maashitla.com/allotment-status/public-issues
Allotment Out
https://maashitla.com/allotment-status/public-issues
IPO & BUYBACK
14 Oct, 16:58
HYUNDAI Motors Anchor list Out, Total 225 Names in the Anchors.
If I'm Not wrong, It's the Highest Number in an IPO History, Interesting!!
If I'm Not wrong, It's the Highest Number in an IPO History, Interesting!!
IPO & BUYBACK
14 Oct, 16:57
Waree energy detail are live now.
Ipo dates :
21st October to 23rd October.
Ipo dates :
21st October to 23rd October.
IPO & BUYBACK
14 Oct, 13:41
As per sources, they have already transferred 90% of reserves to parent in South Korea !
Hyundai Indiaโs 2/3rds of cash in the bank has been milked up by Korean parent in the last 2yrs ๐๐
In fact, in the last 2yrs, Hyundai Indiaโs dividends to its Korean parent were more than all the profit after tax it earned in the last 5yrs!
The narrative has just been controlled so well, that no oneโs talking about it.
Hereโs all you donโt know!
Total PAT in last 5yrs = Rs 17.8k crore
Total dividend to Korean parent in last 2yrs = Rs 17.9k crore
And to be precise, in FY24, preparing for the IPO, that was when a Rs 13.3k crore mega dividend was announced.
This was a massive 3x jump in dividends from FY23 and a 9x jump versus FY22.
So, all that Hyundai Motors India actually earned in the last 5yrs after paying all vendors, taxes, interests etc, was milked away by the Korean parent in the run-up to the IPO.
And outcome? Indian entity is doing an IPO (all OFS) with its cash and bank balances reduced to just a third of what it was exactly 2yrs ago ๐๐
The data is all out there in the DRHP!
Mind it, this is serious.
This happened right before the time when the Indian unit announced the biggest Indian expansion and investment by Hyundai in decades.
With cash on its books having been sucked by Korean parent, a massive chunk of that capex will have a heavy dependency on loans.
That will impact the books and profits in the coming years.
So, whatever debt you see on the books right now, is only going to go up! ๐๐
And trust me, this is not me speculating this.
The company has also confirmed this in its DRHP where it talked of the dividendsโ
โOur ability to utilise our internal accruals and cash and bank balances has been reduced. Any resultant insufficiency in our internal accruals and cash and bank balance may require us to borrow money to meet our growth requirements and incur borrowing costs, which may adversely impact our profitability, financial ratios and results of operations.โ
Now tell me, did you know this? Did you see the business media highlight this to investors?
Still anyone wants to apply and burn their money its their individual choice
Hyundai Indiaโs 2/3rds of cash in the bank has been milked up by Korean parent in the last 2yrs ๐๐
In fact, in the last 2yrs, Hyundai Indiaโs dividends to its Korean parent were more than all the profit after tax it earned in the last 5yrs!
The narrative has just been controlled so well, that no oneโs talking about it.
Hereโs all you donโt know!
Total PAT in last 5yrs = Rs 17.8k crore
Total dividend to Korean parent in last 2yrs = Rs 17.9k crore
And to be precise, in FY24, preparing for the IPO, that was when a Rs 13.3k crore mega dividend was announced.
This was a massive 3x jump in dividends from FY23 and a 9x jump versus FY22.
So, all that Hyundai Motors India actually earned in the last 5yrs after paying all vendors, taxes, interests etc, was milked away by the Korean parent in the run-up to the IPO.
And outcome? Indian entity is doing an IPO (all OFS) with its cash and bank balances reduced to just a third of what it was exactly 2yrs ago ๐๐
The data is all out there in the DRHP!
Mind it, this is serious.
This happened right before the time when the Indian unit announced the biggest Indian expansion and investment by Hyundai in decades.
With cash on its books having been sucked by Korean parent, a massive chunk of that capex will have a heavy dependency on loans.
That will impact the books and profits in the coming years.
So, whatever debt you see on the books right now, is only going to go up! ๐๐
And trust me, this is not me speculating this.
The company has also confirmed this in its DRHP where it talked of the dividendsโ
โOur ability to utilise our internal accruals and cash and bank balances has been reduced. Any resultant insufficiency in our internal accruals and cash and bank balance may require us to borrow money to meet our growth requirements and incur borrowing costs, which may adversely impact our profitability, financial ratios and results of operations.โ
Now tell me, did you know this? Did you see the business media highlight this to investors?
Still anyone wants to apply and burn their money its their individual choice
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