Now, UK-based FIIs can route their orders through this platform Bank of England (BoE) has granted recognition to the clearing corporation (CC) of Metropolitan Stock Exchange of India (MSEI) for routing trades from the UK to India’s stock exchanges. In preparation for Brexit, UK-based entities have to get trades routed from a CC approved by […]
Unlisted Shares News
NCLAT refuses stay on NCLT nod to ArcelorMittal plan- Economics Times-16.03.2019
The National Company Law Appellate Tribunal Friday refused to stay a bankruptcy court order approving steel giant ArcelorMittal’s Rs 42,000 crore takeover bid for Essar SteelNSE 0.00 % and sought a fresh plan for the distribution of bid amount between financial and operational creditors of the debt-laden firm. Read more at Here
Catholic Syrian Bank- Results Update- 08.03.2019
1. The company has posted a decent growth of 17% QoQ basis and 14.44% on YoY Basis. 2. The company has posted a Profit of 74 Lakh against loss of 31 Cr last Qtr and a loss of 46 Cr last year which is big positive for the company. 3. The Gross NPA has also […]
IPOs can wait. Most Indian firms prefer private lane- 07.03.2019
Fewer Indian firms are raising money through initial public offerings (IPOs) as a strong appetite for fast-growing businesses from venture capital and private equity firms have made them less dependent on the stressed primary market Read more at: [ Economics Times News]
Good News for MSEI and ICEX Shareholders- 05.03.2019
For two consecutive sessions, ICEX DIAMOND volume has breached all-time high with the value of Rs.365 crs traded on a single day. The Exchange also crossed landmark turnover of Rs.400 crores on a single day across all its contracts. As per an internal discussion which is at the initial stage, there will be only 2 […]
Nayara Energy( Formerly Essar Oil)- 25.02.2019
Nayara Energy Ltd. is in talks with fuel retailer Indraprastha Gas Ltd. to set up compressed natural gas stations at its pumps, according to IGL Managing Director ES Ranganathan. [Bloomberg Quint News]
Small Finance Bank Know How- 22.02.2019
Please read our report on Small Finance Bank wherein we have covered: How to open Small Finance Bank as a business; to whom this bank served; what is the purpose of these banks; What is the Capital Requirement; What is the opportunity available in this segment for the investors. Read the Full Report Here:
Mohan Meakin Limited Unlisted Shares- 20.02.2019
Quarterly Results Update ( 31.12.2018 )
Suryoday Small Finance Bank Limited Unlisted Shares
Results Update Six Month FY19 Results( Read Financials here) Key Points: 1. As per the Balance Sheet of 6MFY19, the Company has Net Worth of 581.67 Cr and Outstanding Shares of 6.765 Cr. So Book Value is 86. 2. The Company is meeting members on 15.03.2019 to do Private Placement of 13,816,344 at Rs. 180 […]
