• Unlisted Investments

Author - Unlisted Investments

Big bubble in unlisted space? Big Bull, Ashish Chugh sound the alarm bells

The Big Bull sees a big bubble in the unofficial market for unlisted shares. New Delhi: Ace investor Rakesh Jhunjhunwala recently advised investors to keep off the unlisted space. The Big Bull sees a big bubble in the unofficial market for unlisted shares, which he said may burst in the near term. “I think there is a big bubble in all these unicorns, and this is going to burst in next 12 months. It is already bursting, and it will burst [...]

January 17, 2020 By Media Coverage Comments Off
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Pipedream? Grey market hints at below-price listing for Prince Pipes

The company claimed the IPO witnessed demand for shares worth Rs 778.21 crore against the total issue size of Rs 350 crore, excluding the anchor portion, making it the last successful issue of 2019. Investors of Prince Pipes and Fittings IPO may be staring at a tepid listing. Going by trends in the market for unofficial trading of unlisted stocks, Prince Pipes could end up being the last and fifth issue of Calendar 2019 to list at a discount. The stock [...]

December 28, 2019 By Media Coverage Comments Off
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Bumper listing for Ujjivan Small Finance Bank? Grey market suggests stock may list at up to 70% premium

Ujjivan SFB is likely to fix the issue price at Rs 37, the upper limit of IPO price band. Ujjivan Small Finance Bank, the most subscribed initial public offering (IPO) of this calendar, is likely to get listed on December 12 at a hefty premium to the issue price, suggests the buzz in the grey market for unlisted securities. The IPO saw heavy demand across investor categories and logged an aggregate 166 times subscription. The stock is changing hands at a premium [...]

December 12, 2019 By Media Coverage Comments Off
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Buffett’s firm to largest DII, all hooked to India’s grey market: Here’s what’s buzzing

Here are some of the names that have kept the grey market abuzz over past few weeks. From the world’s richest investor, Warren Buffet, to the country’s biggest institutional investor, Life Insurance Corporation of India (LIC), all have large stakes in some of these stocks. New Delhi: India’s unlisted market for securities has been buzzing a lot these days among both seasoned investors as well as the novice. From the world’s richest investor, Warren Buffet, to the country’s biggest institutional investor, [...]

December 5, 2019 By Articles Comments Off
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Studds Accessories Limited

Company Background: Incorporated in 1983, Studds Accessories Limited, is the world’s no. 1 organized helmet manufacturer of bikes, in terms of number of helmets sold as per Frost & Sullivan report of 2018. In FY18-19, STUDDS manufactured 58.6 crore helmets.  It has two major brands namely STUDDS & SMK helmets. The company sells its helmets across 39 countries across the world. Studds has the leadership position in helmets segment in India. Its market share (in terms of volume) is estimated [...]

October 12, 2019 By Shares we deal in Comments Off
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Catholic Syrian Bank

Company Background: Catholic Syrian Bank (now known as CSB Bank) was incorporated in 1920 at Thrissur. It is one of the oldest bank from Southern India. The Bank operates through a network of 419 branches and 277 ATMs across India. CSB Bank has filed DRHP and is bound to come out with IPO soon. It is the first Bank where RBI has allowed majority stake by a foreign firm, thus making it a FII owned bank. The bank operates in [...]

October 12, 2019 By Shares we deal in Comments Off
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Kurlon Enterprise Limited

Company Background: The evolution of Kurlon Enterprise dates back to 1962 in the form of Karnataka Consumer Products Limited. The company was established for manufacturing accessory products for the purpose of relaxing and sleeping. The company got renamed to Kurl-on limited. Born out of organization restructuring in 2014, Kurlon Enterprise Limited (KEL), is a part of Manipal Group which has diversified interest across financial services, manufacturing, education, electronic commerce, software services etc. KEL manufactures and sells a wide range of home [...]

October 12, 2019 By Shares we deal in Comments Off
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Utkarsh CoreInvest Limited

Company Background: The company is the holding company of Utkarsh Small Finance Bank. Utkarsh Coreinvest started its operations in 2009 as a micro finance company. This micro finance business gradually expanded and got a license from RBI to establish a small finance bank in 2016. Utkarsh presently has operations in 139 Districts across 11 States of Bihar, Chhattisgarh, Delhi-NCR, Haryana, Himachal Pradesh, Jharkhand, Madhya Pradesh, Maharashtra, Uttar Pradesh, Uttarakhand and West Bengal with 61 General Banking Outlets and 375 Micro Banking [...]

October 12, 2019 By Shares we deal in Comments Off
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Indofil Industries

Company Background: In 1962, Indofil chemicals was incorporated as a subsidiary of Rohm & Haas Co, USA.  In 1985, the company was merged into a listed corporate named Modipon Limited. In 2007, it was separated and transferred as Indofil Organic Industries. In 2010, it was renamed as Indofil Industries. Indofil is engaged in manufacturing, distributing and marketing of Agro- Chemicals and Specialty Performance Chemicals (SPCD). The Company’s products are certified with international quality standards such as ISO 9001 and ISO 14001. [...]

October 12, 2019 By Shares we deal in Comments Off
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Suryoday Small Finance Bank

Company Background: Established in 2009, in Navi Mumbai, Suryoday Small Finance Bank operated as NBFC before getting small finance banking license from RBI in 2016. Suryoday has over 1.18 million customers as of FY2019. Assets under management of Suryoday stand at Rs. 3,000+ crores. Suryoday operates through a network of 382 outlets as of FY19. Suryoday has presence in 9 states and 2 Union Territories. Some of the Key investors include HDFC Ltd, HDFC Life, IDFC Bank, IFC, Lok Capital, ASK [...]

October 12, 2019 By Shares we deal in Comments Off
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