Analysis, guides and explainers on India's unlisted market — from IPO pipelines to ESOP liquidity.
<h4><b>1. What is the purpose of Capital Small Finance Bank raising funds?</b></h4> <span style="font-weight: 400;"><a href="https://www.capitalbank.co.in/">Capital Small Finance Bank</a> is raising funds of Rs. 65 crores from 6 different investors on a private placement basis, under the preferential issue of upto 13,82,700 equity shares of the Bank having Face Value of ₹10/- (Rupees Ten) each at a premium of ₹458/-</span> <span style="font-weight: 400;">In 2014, approval was granted for the conversion of ‘Capital Local Area Bank Limited’ into ‘Small Finance Bank’ by RBI and the Bank started its operations as a small finance bank in 2016. </span> <span style="font-weight: 400;">As the bank received the license as a small finance bank, the geographical barriers were removed and the bank has planned to expand its operations to new regions exponentially. To meet the expenses for expansion as well as working capital requirements of the bank, the Bank needs capital to execute its growth plans and to meet the Regulatory requirement of maintaining capital adequacy of 15% and leverage the debt capital. </span> <h4><b>2. Who are the investors from which company is raising funds?</b></h4> <span style="font-weight: 400;">Following the details of investors and their investments in the Bank. </span> <div class="table-overflow-init"> <table width="100%"> <tbody> <tr> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"Sr. NO."}">Sr. NO.</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"Name of Investor "}">Name of Investor</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"No of Shares to be allotted "}">Shares to be allotted</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"Face Value per Equity Share (In ₹)"}">Face Value</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"Premium per Equity Share (In ₹)"}">Premium</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"Consideration (Amount in ₹)"}">Consideration</td> </tr> <tr> <td style="text-align: center;" data-sheets-value="{"1":3,"3":1}">1</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"Max Life Insurance Company Limited"}">Max Life Insurance</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"upto 10,57,700"}">upto 10,57,700</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"10/-"}">10/-</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"458/-"}">458/-</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"upto ₹49.51Crores"}">₹49.51 Cr</td> </tr> <tr> <td style="text-align: center;" data-sheets-value="{"1":3,"3":2}">2</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"Small Industries Development Bank of India"}">SIDBI</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"upto 54,350"}">upto 54,350</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"10/-"}">10/-</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"458/-"}">458/-</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"upto ₹2.45Crores"}">₹2.45 Cr</td> </tr> <tr> <td style="text-align: center;" data-sheets-value="{"1":3,"3":3}">3</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"Amicus Capital Private Equity I LLP"}">Amicus Capital PE</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"upto 60,870"}">upto 60,870</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"10/-"}">10/-</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"458/-"}">458/-</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"upto ₹2.85Crores"}">₹2.85 Cr</td> </tr> <tr> <td style="text-align: center;" data-sheets-value="{"1":3,"3":4}">4</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"Amicus Capital Partners India Fund I"}">Amicus Capital Partners</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"upto 7065"}">upto 7065</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"10/-"}">10/-</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"458/-"}">458/-</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"upto ₹.33Crores"}">₹.33 Cr</td> </tr> <tr> <td style="text-align: center;" data-sheets-value="{"1":3,"3":5}">5</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"PiVenturesLLP"}">PiVenturesLLP</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"upto 67,935"}">upto 67,935</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"10/-"}">10/-</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"458/-"}">458/-</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"upto ₹3.18Crores"}">₹3.18 Cr</td> </tr> <tr> <td style="text-align: center;" data-sheets-value="{"1":3,"3":6}">6</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"Oman India Joint Investment Fund II"}">Oman India</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"upto1,34,780"}">upto1,34,780</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"10/-"}">10/-</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"458/-"}">458/-</td> <td style="text-align: center;" data-sheets-value="{"1":2,"2":"upto ₹6.31Crores"}">₹6.31 Cr</td> </tr> </tbody> </table> <h4><b>3. What is the valuation at which the company is raising funds? </b></h4> <span style="font-weight: 400;">The valuation at which the Company is raising funds can be calculated as per the given formula- </span> <span style="font-weight: 400;">Valuation = (Total number of outstanding shares)*(current share price)</span> <span style="font-weight: 400;">Total number of outstanding shares </span><span style="font-weight: 400;">= 3,56,35,154 ( As on 15.04.2023) </span> <span style="font-weight: 400;">Issue Price = Rs. 458 </span> <span style="font-weight: 400;">Valuation = 3,56,35,154*458 ≈ Rs. 1632 crore crores</span> <span style="font-weight: 400;">So, the Company is raising the fund at the valuation of Rs. 1632 crore. </span> <h4><b> 4. What is the P/B value of the company at which this funding is raised?</b></h4> <span style="font-weight: 400;">As of March 31.12.2022, the book value of the Company is 172, and the per share price is Rs. 425. The P/B value can be calculated using the given formula- </span> <span style="font-weight: 400;">P/B = Currency share price/ Book Value </span> <span style="font-weight: 400;">P/B = 425/172 = 2.47</span> <span style="font-weight: 400;">So, the Company is raising funds at a P/B of 2.47. </span> <h4><b>5. What is the value at which ESOP are issued by a company?</b></h4> <span style="font-weight: 400;">The board has decided to issue ESOP up to 6,85,049 fully paid-up equity shares in the Bank of the face value of ₹10/- each at a premium of ₹161/- each aggregating to ₹171/- each.</span> <em>Note: Check the Latest Capital Small Finance Bank <a href="https://unlistedzone.com/shares/">Unlisted Shares Price</a> at UnlisteZone <a href="https://play.google.com/store/apps/details?id=com.unlistedzone.android&pli=1">Android</a> or <a href="https://apps.apple.com/in/app/unlistedzone/id1640469608">iOS</a> Mobile App.</em> </div>
<p><span style="font-weight: 400;">Cashinvoice, a digital supply chain finance </span><span style="font-weight: 400;">platform, has collaborated with Hero Fincorp to provide financing solutions to a pool of micro, small, and medium-sized enterprises (MSMEs). The aim of the collaboration is to cater the supply chain finance offerings and address the issue of liquidity for MSMEs. Hero Fincorp's strong Capital base and Chashinvoice technological expertise combined together will help them to penetrate into supply chain finance programs. It will also provide liquidity to vendors and credit to small businesses. </span> <span style="font-weight: 400;">Chashinvoice is engaged in providing customized supply chain financing solutions with the help of its digital marketplace for invoice discount to suppliers and buyers of medium and larger organizations. <br /><br />Chashinvoice has experienced growth of 103 %in Q3FY23 compared to the same period previous year. The Company is aiming to bridge the credit gap of 20-25 lakh crores. </span> <span style="font-weight: 400;">Economics Times reported, Arun Poojari, CEO and Co-founder Cashinvoice said in a statement, "We are constantly looking for ways to enhance the flow of credit within the business ecosystem to ensure an undisturbed supply chain among various stakeholders. Access to timely MSME funding, complex regulatory procedures, and insufficient financial knowledge are some of the daunting obstacles faced by MSMEs in India. <br /><br />Understanding these challenges and streamlining MSME business financing in India is important to achieve India's goal of becoming a global economic power. We are thrilled to have Hero FinCorp, India's leading NBFC, on board to act as financial aid on our journey to create solutions to solve the working capital gap in India. <br /><br />Through this association, we aim at facilitating INR 10,000 Crores of MSMES purchases in FY24."</span> <span style="font-weight: 400;">The collaboration with Hero Fincorp will provide financial inclusion in the economy and is expected to break the conventional norms extending the lending business to tier 2 and tier 3 cities. During the first year of partnership, the aim is to disburse Rs.1000 crore.</span> https://unlistedzone.com/shares/hero-fincorp-limited-share-price-buy-sell-unlisted-shares-of-hero-fincorp/</p>
Reliance Industries' online fashion store, Ajio, is planning to create a new marketplace for low-priced fashion products called Ajio Street. The platform will use a zero-commission model, which means merchants don't have to pay anything to sell their products on it. Ajio is hoping to attract merchants to the platform by offering 15-day payment settlements. This move will put Ajio in direct competition with SoftBank and Fidelity-backed platform Meesho, which specialises in selling low-cost fashion and accessories. Ajio Street will mainly offer value products aimed at consumers in smaller cities and towns. The new zero-commission model is expected to bring in new users from these markets who may not shop online frequently. Ajio has already generated $2 billion in gross merchandise value and is the second-largest fashion and lifestyle category platform, behind Myntra. However, it is still unclear how Ajio plans to make money from this new venture. https://unlistedzone.com/shares/reliance-retail-limited-unlisted-shares/
<p><strong>Introduction:</strong> In a remarkable financial forecast, OYO, the renowned hospitality firm, has set an ambitious target of achieving an adjusted EBITDA of nearly Rs 800 crore in the fiscal year 2024. This goal reflects the company's sustained growth and strategic optimizations across key global markets.</p> <p><strong>Growth Trajectories in Key Markets:</strong> OYO's optimistic outlook is largely attributed to its robust growth in India, Indonesia, the United States, and the United Kingdom. These regions have been pivotal in driving the company's revenue and market presence. Additionally, OYO is leveraging synergies in the European vacation homes market, a sector that has seen significant expansion in recent years.</p> <p><strong>Financial Strategies and Cash Management: </strong>Key to OYO's strategy is maintaining a healthy cash balance while operating cost-effectively. Currently, the company boasts a substantial cash balance of Rs 2700 crore. The management's prudent approach aims to minimize cash consumption for ongoing operations, ensuring long-term financial stability.</p> <p><strong>FY23 Revenue and Growth Prospects: </strong>OYO's revenue for the financial year 2023 is projected to exceed Rs 5700 crore, marking a growth rate of 19%. This impressive trajectory underscores the company's effective business model and its adaptability in a dynamic hospitality industry.</p> <p><strong>Focus on Cash Flow and External Funding: </strong>Central to OYO's strategy is the improvement of cash flow and a decreased reliance on external funding sources. This shift towards self-sustainability is a significant move, reflecting the company's maturation and confidence in its operational efficiency.</p> <p><strong>Profitability Goals: </strong>The company is diligently working towards achieving profitability under adjusted operating profit for the full financial year of 2023. This goal is not just a financial target but also a testament to the company's commitment to sustainable growth and value creation.</p> <p><strong>Operational Expenses:</strong> Employee expenses, marketing expenses, and general and administrative expenses constitute the largest costs for OYO. In response, the company has streamlined its operations, including downsizing staff where necessary. However, OYO continues to invest in talent, strategically hiring new employees to bolster its growth and innovation capabilities.</p> <p><strong>Conclusion:</strong> OYO's journey towards achieving an adjusted EBITDA of nearly Rs 800 crore in FY24 is a blend of strategic growth, efficient operations, and prudent financial management. With its eyes set on profitability and a reduced reliance on external funding, OYO is poised to redefine the hospitality landscape, proving that strategic foresight and operational excellence can coexist in the pursuit of financial success</p> <p><br />https://unlistedzone.com/shares/oyo-share-price-buy-sell-oyo-shares/</p>
<span style="font-size: 14pt;"><strong>A) What is PLI Scheme in Mobile Manufacturing? </strong></span> On April 1, 2020, the Production Linked Incentive (PLI) Program for Large-Scale Electronics Manufacturing was notified to enhance domestic electronics manufacturing and attract significant investments. For five years after the base year (2019-20), qualified companies will get 4% to 6% on incremental sales of manufactured items, including mobile phones and selected electronic components. <span style="font-size: 14pt;"><strong>B) Criteria for Selection? </strong></span> >For International- Revenue of more than 10k Crores in base year. >For Domestic - Revenue of more than 100 Crores in the base year. <span style="font-size: 14pt;"><strong>C) Targets and Incentives for mobile phones having invoice value >Rs.15000?</strong></span> <strong> International Companies</strong> <div class="table-overflow-init"> <table width="100%"> <tbody> <tr> <td style="text-align: center;" width="161"><strong>Years</strong></td> <td style="text-align: center;" width="161"><strong>Investment</strong></td> <td style="text-align: center;" width="161"><strong>Revenue Targets</strong></td> <td style="text-align: center;" width="161"><strong>Incentive</strong></td> </tr> <tr> <td style="text-align: center;" width="161">Year 1</td> <td style="text-align: center;" width="161">250 Cr</td> <td style="text-align: center;" width="161">4000 Cr</td> <td style="text-align: center;" width="161">6%</td> </tr> <tr> <td style="text-align: center;" width="161">Year 2</td> <td style="text-align: center;" width="161">500 Cr</td> <td style="text-align: center;" width="161">8000 Cr</td> <td style="text-align: center;" width="161">6%</td> </tr> <tr> <td style="text-align: center;" width="161">Year 3</td> <td style="text-align: center;" width="161">750 Cr</td> <td style="text-align: center;" width="161">15000 Cr</td> <td style="text-align: center;" width="161">5%</td> </tr> <tr> <td style="text-align: center;" width="161">Year 4</td> <td style="text-align: center;" width="161">1000 Cr</td> <td style="text-align: center;" width="161">20000 Cr</td> <td style="text-align: center;" width="161">5%</td> </tr> <tr> <td style="text-align: center;" width="161">Year 5</td> <td style="text-align: center;" width="161"></td> <td style="text-align: center;" width="161">25000 Cr</td> <td style="text-align: center;" width="161">4%</td> </tr> </tbody> </table> </div> <strong>Domestic Companies</strong> <div class="table-overflow-init"> <table width="100%"> <tbody> <tr> <td style="text-align: center;" width="161"><strong>Years</strong></td> <td style="text-align: center;" width="161"><strong>Investment</strong></td> <td style="text-align: center;" width="161"><strong>Revenue Targets</strong></td> <td style="text-align: center;" width="161"><strong>Incentive</strong></td> </tr> <tr> <td style="text-align: center;" width="161">Year 1</td> <td style="text-align: center;" width="161">50 Cr</td> <td style="text-align: center;" width="161">500 Cr</td> <td style="text-align: center;" width="161">6%</td> </tr> <tr> <td style="text-align: center;" width="161">Year 2</td> <td style="text-align: center;" width="161">100 Cr</td> <td style="text-align: center;" width="161">1000 Cr</td> <td style="text-align: center;" width="161">6%</td> </tr> <tr> <td style="text-align: center;" width="161">Year 3</td> <td style="text-align: center;" width="161">150 Cr</td> <td style="text-align: center;" width="161">2000 Cr</td> <td style="text-align: center;" width="161">5%</td> </tr> <tr> <td style="text-align: center;" width="161">Year 4</td> <td style="text-align: center;" width="161">200 Cr</td> <td style="text-align: center;" width="161">3500 Cr</td> <td style="text-align: center;" width="161">5%</td> </tr> <tr> <td style="text-align: center;" width="161">Year 5</td> <td style="text-align: center;" width="161"></td> <td style="text-align: center;" width="161">5000 Cr</td> <td style="text-align: center;" width="161">4%</td> </tr> </tbody> </table> </div> <strong><span style="font-size: 14pt;">D) 16 Companies which were selected in the PLI Scheme? </span></strong> 1) Wistron Infocomm 2) Foxconn Hon Hai 3) Pegatron Technology 4) Samsung India Electronics 5) Rising Stars Mobile. 6) Bhagwati Products 7) Optiemus Electronics Limited 8) Padget Electronics (Dixon) 9) LAVA International 10) United Telelinks Neolyncs 11) AT & S India 12) Ascent Circuits 13) Sahasra Semiconductors 14) Visicon Power Electronics. 15) Walsin Electronics 16) Neolync India <span style="font-size: 14pt;"><strong>E) What is the current status of manufacturing of Mobile Phones in India? </strong></span> Mobile Phone total production in India is worth $33 Billion and out of that 95% production is done by foreign players such as Samsung, Foxconn, Wistron, and Pegatron and rest 5% is done by domestic manufacturer. Total $5.5 Billion of mobile phones were exported by India in 2022. Out of that International manufacturers have 70-80% market share. Dixon exported worth ~80 Million dollar of mobile phones. <span style="font-size: 14pt;"><strong>F) </strong><span style="font-size: 12pt;">Out of 16 companies that were selected under PLI scheme, only 6 are eligible to get incentive<strong>s, </strong></span></span>As rest companies not able to meet the targets. Only 2 domestic companies i.e. Dixon and UTNPL are eligible for incentives. Lava not able to get any incentives as they were not able increase incremental sales and capex. <strong><span style="font-size: 14pt;">G) Why Companies such as Lava not able to capitalise on PLI Scheme? </span></strong><span style="font-size: 14pt;"> </span><span style="font-size: 12pt;">Lava, despite expanding its manufacturing facilities, was unable to produce enough phones to become eligible for PLI incentives since the company's initial public offering (IPO) was delayed and they were unable to secure further financing to make inroads.</span> Lava, Bhagwati products, and Optiemus Electronics did not meet the 2021-22 targets and likely to miss 2022-23 targets as well. Although Lava has partnered with Finnish mobile maker HMD Global to manufacture smartphones and Motorola for feature phones, many smartphone brands are reluctant to work with it due to intellectual-property-theft concerns as Lava also has its own brands. Lava, however, place the responsibility on the base year for incremental sales. "When the PLI programme began, Lava had already begun producing smartphones in huge quantities. It was difficult for them to expand up since their quantities would have been more than Dixon's today. <strong>Source</strong>: Data collected from Government website and Ken<strong><span style="font-size: 14pt;"> </span></strong>
<div class="page" title="Page 1"> <div class="section"> <div class="layoutArea"> <div class="column">Sterlite Power Transmission Limited Investors Updates regarding 9MFY23 results and Future Outlook. <br /><br /><strong>A) Business Highlights for Q3 and 9M-FY23</strong> <br /><br />1. Acquired the Kishtwar Transmission Limited (Kishtwar) project SPV from Power Finance Corporation (PFC) to construct a 400/132kV GIS substation at Kishtwar and 400 KV LILO (Line in Line out) in Jammu & Kashmir in the next 30 months <br /><br />2. Achieved completion for the 329 kms 765Kv Lakadia Vadodara Transmission Project – LVTPL (a Green Energy Transmission Corridor) in Q3; this project was commissioned subsequently in January 2023 <br /><br />3. Definitive documentation executed for sell down of the commissioned Khargone Transmission project to IndiGrid for Rs. 1,497 Crores as part of the Asset flip strategy <br /><br />4. In Q1, two new Project wins of value BRL 1.2 Bn (2approx. Rs. 1,900 Crores) in Brazil. 5. Achieved full commissioning of Solaris I & II project & Borborema I project in Brazil <br /><br /><strong>B) Order Deal wins</strong> <br /><br />The overall value of new Order wins in Products, MSI and Convergence business units during the first 3 quarters of this financial year is Rs. 3,777 Crores. <br /><br /><strong>C) Capital Raise</strong> <br /><br />1. Secured the entire debt funding of Rs. 305 Crores from Aseem Infrastructure Finance Ltd. – a Non Banking Finance Company (NBFC) promoted by National Investment and Infrastructure Fund (NIIF) for the Kishtwar project in December 2022 <br /><br />2. Received fresh Working capital limits of Rs. 250 Crores from IndusInd bank <br /><br />3. Efforts are underway to bring in private capital into the ‘Infra’ business unit in India <br /><br />4. Closed second successful issuance of Green Debentures worth BRL 400 Mn (Rs. 600 Crores) by Sterlite Brazil Participações S.A., a subsidiary of Sterlite Power in Brazil<br /><br /></div> </div> </div> </div> <div class="page" title="Page 2"> <div class="section"> <div class="layoutArea"> <div class="column"><strong>D) Financial Highlights for 9M-FY23</strong> <br /><br />1. Revenue from Operations: 37% higher than Revenue for the corresponding 9 months period of FY22(Sequential Revenue growth over the last 4 quarters) <br /><br />2. EBIDTA: 8% higher than EBIDTA for the corresponding 9 months period of FY22 <br /><br />3. Balance sheet size: 60% higher than the Balance sheet size for the corresponding 9 months period of FY22 <br /><br /><strong>E) Future Outlook</strong> <br /><br />1. In December 2022, the Government of India unveiled a Rs. 2.44 trillion ($29.6 Billion) plan to build new power transmission lines to connect renewable generation, as it aims to nearly triple the clean-power capacity by 2030; this will result into a multi-year impact on the order Book pipeline for all the business lines of the company. <br /><br />2. Approx. Rs. 520 billion transmission line bid pipeline was approved in last four meetings of National committee on Transmission (NCT), Govt. of India which may result into a heavy bid pipeline for the Infra business unit in coming 2-3 quarters. <br /><br />3. According to Mr. Pratik Agarwal, MD of Sterlite Power - “The power transmission sector in India is witnessing an upward trajectory movement driven by an urgent need for robust transmission infrastructure to integrate ~500 GW of Renewable power by 2030. As announced by the Ministry of Power, Govt. of India, the ‘Inter-state transmission system’ (ISTS) segment alone requires an estimated investment of Rs. 2.44 trillion. This spells an enormous opportunity for our industry in the coming years.” <br /><br /><a href="https://unlistedzone.com/shares/sterlite-power-transmission-limited-share-price-buy-sell-unlisted-shares-of-sterlite-power-transmission/">https://unlistedzone.com/shares/sterlite-power-transmission-limited-share-price-buy-sell-unlisted-shares-of-sterlite-power-transmission/</a></div> <div class="column"> </div> </div> </div> </div>
<p>In a major announcement on Tuesday, OYO has revealed its vision to expand its premium hotel offerings in India by twofold, with a target of adding approximately 1,800 deluxe hotels in 2023. <br /><br />Among its premium brands are the Townhouse Oak, the chic OYO Townhouse, the Collection O, and the Capital O, all of which have been designed to cater the needs of the travelers. With the current surge in business travel, OYO is poised to take advantage of the opportunity by significantly expanding its presence across all major business cities in India. <br /><br />The hospitality tech giant, which currently have the portfolio of around 1,800 premium hotels in the country, has announced plans to add a further 1,800 such hotels to its network this year. "OYO plans to add approximately 1,800 premium hotels this year," the hospitality platform said. <br /><br />As part of its growth strategy, OYO will be concentrating its efforts on key business hubs such as Bengaluru, Hyderabad, and Chennai in the south, Delhi and Noida in the north, Kolkata in the east, and Mumbai in the west. This move of the Company can be attributed to increase in holiday trips, meetings, and weddings, and improvement in professional travel and foreign tourist visits. <br /><br />In a report, Icra stated that the supply of hotel rooms in India is anticipated to rise at an annual growth rate of 3.5-4 percent for the next five years, contributing roughly 15,000 rooms to the existing 94,000-room premium inventory across the country by FY2023. According to the report by the credit rating agency, the premium hotel occupancy rate throughout India is projected to reach 68-70 percent for FY23. <br /><br /><a href="https://unlistedzone.com/shares/oyo-share-price-buy-sell-oyo-shares/">https://unlistedzone.com/shares/oyo-share-price-buy-sell-oyo-shares/ </a></p> <p> </p>
NCL Buildtek LTD (formerly NCL Alltek & Seccolor LTD) has announced its quarterly results for the quarter ended December 31, FY23. As per the consolidated financial statements, in Q3FY23, the total revenue of the Company dropped 7% to Rs. 108 crore as against Rs. 116 crore in the previous quarter. In Q3FY23, the total revenue of the Company dropped 8% to Rs. 108 crore as against Rs. 106 crore in the same period previous financial year. In Q3FY23, the total expenses of the Company have also dropped 7% to 104 crore as against Rs. 112 crore in the previous quarter. During Q3FY23, the total expenses of the Company have dropped 5% to Rs. 104 crore as against Rs. 106 crore in the same period previous financial year. During Q3FY23, the Profit Before Tax of the Company decreased 28% to Rs. 3.6 crore as against Rs. 5 crore in the previous quarter. The Profit Before Tax of the Company dropped 59% to Rs. 3.6 crore as against Rs. 8.8 crore in the same period previous financial year. In Q3FY23, the Profit After Tax of the Company decreased 88% to Rs. 58 lakhs as against Rs. 5 crore in the previous quarter. The Profit After Tax of the Company decreased 93% to Rs. 58 lakhs as against Rs. 8.8 crore for the same period previous financial year. During this quarter, the EPS (basic and diluted) stood at Rs. 2.95 as against Rs. 5.23 during previous quarter. While The EPS (basic and diluted) stood at Rs. 0.77 in the Q3FY23. NCL Buildtek LTD company is the subsidiary of NCL group based in Bengaluru. The Company is involved in the manufacturing and wholesale supply of door frames, doors, ventilators, partitions, windows and structural glazings. https://unlistedzone.com/shares/buy-sell-share-price-ncl-alltek-seccolor-limited-unlisted-shares/
Mohan Meakin Limited has announced its quarterly results for Q3FY23 and nine months ended December 31, 2022. As per the financial results, in Q3FY23, the total revenue of the Company increased 115% to Rs. 659 crore as against Rs. 306 crore in the previous quarter. For nine months ended December 31, 2022, the total revenue increased 39% to Rs. 1312 crore as against Rs. 939 crore for the same period previous financial year. During Q3FY23, the Company reported a massive increase in its total expenses to Rs. 620 crore as against Rs. 291 crore in the previous quarter, up by 113%. For nine months ended December 31, 2022, the total expenses of the Company increased 40% to Rs. 1250 crore as against Rs. 890 crore for the same period previous financial year. In Q3FY23, the Profit Before Tax of the Company increased 111% to Rs. 38 crore as against Rs. 18 crore in the previous quarter. For nine months ended December 31, 2022, the Profit Before Tax of the Company increased 30% to Rs. 64 crore as against Rs. 49 crore for the same period previous financial year. For Q3FY23, the Profit After Tax of the Company increased 107% to Rs. 29 crore as against Rs. 14 crore in the previous quarter. For nine months ended December 31, 2022, the Profit After Tax of the Company increased 33% to Rs. 48 crore as against Rs. 36 crore for the same period previous financial year. For Q3FY23, the EPS (basic and diluted) stood at Rs. 34.10 as against Rs. 16.49 during previous quarter. For nine months ended December 31, 2022, the EPS (basic and diluted) stood at Rs. 56.59 as against Rs. 43.33 for the same period previous financial year. <img class="alignnone wp-image-25522" src="https://unlistedzone.com/storage/knowledge-logo/1-1.webp" alt="" width="335" height="335" /> <img class="alignnone wp-image-25523" src="https://unlistedzone.com/storage/knowledge-logo/2-1.webp" alt="" width="335" height="335" /> <img class="alignnone wp-image-25524" src="https://unlistedzone.com/storage/knowledge-logo/3-1.webp" alt="" width="335" height="335" /> <img class="alignnone wp-image-25525" src="https://unlistedzone.com/storage/knowledge-logo/4-1.webp" alt="" width="335" height="335" /> <img class="alignnone wp-image-25526" src="https://unlistedzone.com/storage/knowledge-logo/5-1.webp" alt="" width="335" height="335" /> https://unlistedzone.com/shares/mohan-meakin-limited-share-price-buy-sell-mohan-meakin-unlisted-shares/
<p>National Stock Exchange India Limited has announced its Q3FY23 and nine months ended consolidated financial results. <br /><br />As per the results, in Q3FY23, the total revenue of the Company increased 35% to Rs. 3,262 crore as against Rs. 2,416 crore for the same period previous year. For nine months ended December 31, FY23, the total revenue increased 48% to Rs. 9,450 crore as against Rs. 6,370 crore for the same period previous financial year. <br /><br />In Q3FY23, The total expenses of the Company have increased 41% to Rs. 907 crore as against Rs. 643 crore for the same period previous financial year. For nine months ended December 31, FY23, the total expenses of the Company have increased 39% to Rs. 2,395 crore as against Rs. 1,720 crore for the same period previous financial year. <br /><br />In Q3FY23, The Profile Before Tax of the Company has increased 32% to Rs. 2,383 crore as against Rs. 1,795 crore for the same period previous financial year. For nine months ended December 31, FY23, the Profit After Tax of the Company has increased 48% to Rs. 7,118 crore as against Rs. 4,797 crore in the previous financial year. <br /><br />In Q3FY23, the net profit of the Company has increased 35% to Rs. 1,826 crore as against Rs.1,348 crore for the same period previous financial year. For nine months ended December 31, FY23, the net profit increased 46% to Rs. 5,289 crore as against Rs. 3,618 crore for the same period previous financial year. NSE stands for "National Stock Exchange', and was incorporated in 1992 and recognized as a stock exchange in 1993. NSE is the leading stock exchange in India. NSE offers various services such trading services, market data feed, indices, technology solutions and financial educational programs.<br /><br /><a href="https://unlistedzone.com/shares/nse-india-limited-unlisted-shares/"> https://unlistedzone.com/shares/nse-india-limited-unlisted-shares/</a></p>
Kotak Realty Fund, a property focused private equity assets manager has invested more than Rs. 1100 crores in Bharat Hotels. Bharat Hotels operates resorts, luxury hotels and palaces across the country. With this investment, Kotak Realty Fund total investment surpassed Rs. 5500 crores in FY23 which is record for any financial year. The Company invested after 14 more years in a hospitality company. Prior to this, the Company had invested in the parent company of Lemon Tree Hotels in 2007-08. The investment in Bharat Hotels has taken place through debt with a total tenure of 5 years. This fund will be used by the Company for repaying the loans of public and private sector banks. "The undersupply in luxury hospitality and rising demand particularly after the pandemic has improved the business confidence in this segment. This investment supports the debt refinancing and frees up the capital for growth," Vikas Chimakurthy, CEO, Kotak Realty Fund, told ET. Bharat Hotels Limited is a public company domiciled in India and incorporated under the provisions of the Companies Act of 1956. The Company is engaged in the business of hospitality services. The Company has its principal place of business located at Barakhamba Lane, New Delhi -110001. Bharat Hotels has a portfolio of 12 luxury hotels, resorts and palaces. It has two mid-market segment hotels offering 2261 rooms in the prime location of Udaipur, Mumbai, Delhi, Goa, Bengaluru and Srinagar. Since 2005, Kotak Realty Fund has invested in 73 projects and companies and has raised 13 funds. It has invested RS. 7830 crore and realized Rs. 8050 crore from 53 complete exits of investment.
<p>Hero Fincorp Limited has announced its standalone quarterly results for quarter ended December 31, 2022. As per the results, in Q3FY23, the total revenue from operations of the Company has increased 35% to Rs. 1562 crore as against Rs. 1151 crore for the same period previous financial year. The Profit Before Tax of the Company has increased 36% to Rs. 245 crore as against Rs. 180 crore for the same period previous financial year. The Profit After Tax of the Company has also increased 36% to Rs. 245 crore as against Rs. 180 crore for the same period previous financial year. The net worth of the Company has increased 52% to Rs. 7269 crore as against Rs. 4782 crore for the same period previous financial year. The earning per share (basic) of the Company increased to Rs. 14.42 as against Rs. 10.48 for the same period previous financial year. The earning per share (diluted) of the Company increased to Rs. 11.21 as against Rs. 10.47 for the same period previous financial year.</p> <h4>Price Movement of Hero Fincorp Limited Unlisted Shares</h4> <p>The unlisted share price of Hero Fincorp Limited has varied approximately from Rs. 735 to Rs. 1100 over the last year. The variation in price was mainly due to demand and supply. Over the last one year, the demand has decreased for the share of Hero Fincorp Limited and thus the unlisted shares of Hero Fincorp has seen continuous fall in its share price.</p> <h4>Valuation of Hero Fincorp Limited Unlisted Shares</h4> <p>The book value of Hero Fincorp Limited is 427 at per share price of Rs. 735 in the unlisted market. The P/B of the Company is 1.72x. Conclusion - We can conclude that Hero Fin Corp is showing good revenue growth, and the profitability is going up as provisions of NPA is going down as economy is coming out of Covid-19 shock.<br /><br /><a href="https://unlistedzone.com/shares/hero-fincorp-limited-share-price-buy-sell-unlisted-shares-of-hero-fincorp/"> https://unlistedzone.com/shares/hero-fincorp-limited-share-price-buy-sell-unlisted-shares-of-hero-fincorp/</a></p> <p> </p> <p> </p>
Indicative prices, company research and your enquiries — in your pocket. Get price notes on the names you follow and reach our team from anywhere.
