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<div class="gmail_default">Kerala's Cochin International Airport (CIAL) is the third busiest airport in terms of international traffic. The airport has been able to retain its place for the third consecutive month from July 2021. According to the airport authorities, it handled about 85,395 international passengers in July, which surged to 1.57 lakh in August and about 1.95 lakh in September 2021. The total number of domestic and international passenger footfall for the month of September stood at 3.7 lakh, CIAL added. <br /><br />Cochin International Airport is the first greenfield airport in the country built with a public-private partnership, which is planned and constructed with novel infrastructure ideas to deliver the development. "Cochin International airport Ltd (CIAL) establishes itself as the third airport in the country in terms of international traffic for three consecutive months from July 2021," it said in a release. <br /><br />The airport handles an average of 106 aircraft movements every day, which includes both international and domestic operations. The daily average passenger footfall stands around 14,500. It is also the first airport in the world, which is totally powered by Solar Energy. Overall, it is among the largest airports in the country in terms of air traffic volumes. <br /><br />According to the Cochin Airport Authority, the airport facilitates flights to all the Middle East destinations, London, Male, and Colombo on the international route. The authority expects a decent growth in the international traffic for the month of October as more foreign carriers and airlines are scheduled for frequent services from the city. Sri Lankan Airlines is the latest addition to operate a daily operation to Colombo from this week. With this addition, CIAL will be handling 58 international arrival and departure operations every day for the month of October thus far. S Suhas, Managing Director, Cochin International Airport said that the airport witnessed significant growth in traffic during September and scheduled more international flights for October. Suhas is optimistic about the global recovery among all the sectors and global aviation is also responding to it. <br /><br />CIAL expects to reach international connectivity to 70% of the pre-pandemic level by next month. On the other hand, domestic air movement is near normalcy, he added, and will reach the normal level in the winter months. It kicked off its commercial airlines in June 1999 and its first international flight landed in Dammam, a city in Saudi Arabia. <br /><br />The company has five subsidiaries. Sri Lankan Airlines, which resumed its daily service to Colombo from October 3, via their flight UL 165 arrives at COK at 0945 and departs as UL 166 to Colombo at 1045 on all days except Sunday. On Sunday, the arrival and departure of the flight UL 165 and UL 166, respectively, are scheduled at 0845 and 0945, respectively. Key domestic players like Bharat Petroleum, Housing and Urban Development Corporation (Hudco), Air India, State Bank of India, (SBI), and Federal Bank hold a significant stake in the CIAL. However, the financial performance of the CIAL was highly affected in the financial year 2020-21 after the Covid-19 pandemic broke out, which led to nationwide lockdown and restrictions, curbing the movement on a domestic and international basis. On a consolidated basis, the company reported a net loss of Rs 92 crore in the financial year ended on March 31, 2021.<br /><br />The company has reported a net profit of Rs 237 crore in the year-ago fiscal. The company registered a total income of Rs 296 crore in FY2021, a fall of over 63 percent compared to the revenue of Rs 810 crore the previous fiscal.</div> <div class="gmail_default"> </div> <div class="gmail_default">Its EPS slipped into the negative territory, while it had an EPS of 6.19 in the FY 2019-20. The company is maintaining its debt-to-equity ratio of less than 0.5 for the last five years. On a standalone basis, the company reported a net loss of Rs 87 in FY 2021 crore against a net profit of Rs 215 crore in the previous year. It was the first time a company reported a loss in a fiscal year, thanks to the pandemic. The company clocked a revenue of Rs 252 crore in the financial year ended on March 31, 2021, which was more than 61 percent down from the total income of Rs 650 crore earned by the company in the period a year ago.</div>
Five Star Business Finance Unlisted Shares has come up with its annual report 2021 and same is available with UnlistedZone. Let us see how it has performed in the last one year. <!--more--> <strong>About Five Star Business Finance Unlisted Shares</strong> Five Star is a NBFC which provides Small Business loans and Small Mortgage loans to the eligible borrowers to meet their business and personal needs, after due underwriting of their cashflows and backed by the collateral of their house property. <strong>Business Highlights of Five Star Business Finance Unlisted Shares</strong> 1. Disbursal of about 1,250 Crores despite losing almost half of the year to COVID, which also resulted in the borrower base crossing 1,75,000 during the year. In FY20, the disbursement was 2409 Crores. So, disbursement fell by almost 50% due to covid-19. 2. The Company also saw its portfolio growing from about 3,900 Crores to almost 4,500 Crores, an increase of 14% in such a turbulent year. 3. Revenue has gone up from 787 Crores to 1051 Crores. 4. Growth in Profit after Tax (PAT) from about 260 Crores to about 360 Crores, an increase of about 37%. 5. Gross NPA of 1.02%, which is one of the best asset quality metrics across the financial services industry. 6. Currently, they have 262 branches PAN India. <strong>Valuation of Five-Star Business Finance?</strong> Seeing the robust performance of Five Star Business Finance even during the pandemic, some of the existing investors and a couple of new investors came together to infuse more capital and also give a complete exit to one of the early investors viz. Morgan Stanley. Five Star Business Finance was valued post money, at 1.4 billion dollars, making it a coveted ‘Unicorn”. The two new investors who have joined the race are viz. KKR and TVS Capital. As on 31.03.2021, Five Star Business Finance has Net-Worth of 2318 Crores and total outstanding shares of 2.564 Crores. Book Value = 905 per share Unlisted Market Price of Five Star Business Finance = 7500 P/B = 8.28x (<strong>which looks very stretched</strong>) Mcap = 19000 Crores. The NBFC is a top class, but the current valuation of the stock in unlisted market is highly overvalued. It was a good buy around Rs. 5000 but not now.
<div class="gmail_default"> Fino Payments Bank has received the go-ahead from the capital markets regulator Sebi to float its initial public offering (IPO) and raise funds. The fintech player, which is eyeing to raise up to <strong>Rs 1,300 crore</strong> from its stake sale, had filed its draft red herring prospectus (DRHP)in July 2021. The company will issue<strong> fresh equity shares worth Rs 300 crore</strong> and promoter company Fino Paytech Limited's stake worth up to <strong>1,56,02,999 equity shares of the company.</strong> According to this calculation, the price band for the issue is likely to be around Rs 640 per equity share. The company has reserved equity shares worth Rs 3 crore for its eligible employees. Fino Payments Bank has obtained observations from Sebi on October 1, which is mandatory before launching any public issue like IPO, follow-on public offer (FPO), and rights issues. The lender may consider a pre-IPO placement worth Rs 60 crore after the consultation with merchant bankers. If the company opts for pre IPO placement, the fresh issue size will be trimmed. The net proceeds from the issue will be utilized for augmenting its Tier-1 capital base to meet its future capital requirement and general corporate purposes. Fino Payments Bank offers a diverse range of digital financial products and services and has a payments focus. Since 2017, it has grown its operational presence to cover over 94% of Indian districts as of March 2021. The company operates on an asset-light model which is primarily dependent on the fee and commission income, generated from its vast and pan India merchant network. The company became profitable in the final quarter of the fiscal year 2019-20 and has remained in the black in the subsequent quarters since then. In FY20 and FY21, it facilitated more than 318.56 million and 434.96 million transactions, respectively. It recorded the gross transaction values of Rs 94,452.6 crore and Rs 1,32,930.7 crore, respectively during the period under review. Axis Capital, CLSA India, ICICI Securities, and Nomura Financial Advisory Services are appointed as the book running lead managers to the issue, whereas Kfin Technologies has been appointed as the registrar for the issue. </div> <div> <div dir="ltr" data-smartmail="gmail_signature"> <div dir="ltr"></div> </div> </div>
<div class="tatsu-module tatsu-inline-text clearfix tatsu-S1rmV7-CtY "> <div class="tatsu-inline-text-inner "> <p><strong>Umesh Paliwal, Co-founder, UnlistedZone </strong>said “Fino Paytech is the holding company of Fino Payments Bank, whose IPO has been approved. The big names have invested in Fino Paytech, not the Bank”</p> </div> </div> <div class="tatsu-animated-link tatsu-animated-link-style4 tatsu-HkU7NQW0Yt tatsu-module tatsu-animated-link-align-none "><a class="tatsu-animated-link-inner " href="https://economictimes.indiatimes.com/markets/ipos/fpos/fino-paytech-unlisted-shares-rise-20-after-nod-to-its-payments-bank-ipo/articleshow/86805384.cms?from=mdr" target="_blank" rel="noopener" aria-label="Read Full Article Here"><span class="tatsu-animated-link-text">Read Full Article Here</span></a></div>
<div class="gmail_default">Oravel Stays limited has also joined the domestic IPO fiesta as the operator of OYO Rooms has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). Founded by Ritesh Agarwal and backed by Softbank, the hospitality startup is eyeing to <strong>raise about Rs 8,430 crore</strong> via its initial stake sale, the draft paper said. <br /><br />The unicorn's IPO will consist of the issuance of a fresh issue of <strong>equity shares worth Rs 7,000 crore,</strong> with a face value of Re 1 each, and an <strong>offer for sale (OFS) of up to Rs 1,430 crore</strong> by promoters and existing shareholders. This makes the 83% issue is the fresh one, whereas 17% of the issue is an offer for sale. <br /><br />The hospitality tech player is considering issuing shares worth Rs 14,300 crore ($193 million) in a pre-IPO fundraise. Interestingly, any major investor or the <strong>founder Ritesh Agarwal, who holds a 34% stake in the company</strong>, will not be diluting any stakes in the company in this IPO, which is expected to launch by end of this year or in January. <br /><br />SoftBank owns over 45% of the Gurugram-headquartered startup. Other investors include Lightspeed Venture, Airbnb, Grab, Microsoft, and Sequoia Capital. With its IPO filing, Oyo has joined a host of top tier Indian tech startups including Paytm, PolicyBazaar, Nykaa, and others, making their way to capital markets Online food delivery firm Zomato, in July, made a stellar debut on the bourses here setting the stage for domestic startups to ride on the current IPO wave. Prior to this, EasyTripPlanners made its debut. In the OFS, SVF India Holdings (Cayman) will offload a stake worth Rs 1,328.53 crore, whereas A1 Holdings Inc will sell shares worth Rs 51.62 crore. Following the suite, China Lodging Holding (HK) will sell equity shares worth Rs 23.13 crore and Ivy Ventures LLP will sell shares worth Rs 26.71 crore. <br /><br />The proceeds from its fresh issuance worth Rs 2,900 crore will be utilized for organic and inorganic growth initiatives, whereas Rs 2,441 crore will be utilized for the repayment and/or prepayment of certain borrowings. The remaining proceeds will be used for general corporate purposes. 75% of the net offer has been reserved for qualified institutional buyers. 15% of the offer shall be available for non-institutional investors and the remaining 10% shall be available for allocation to retail individual bidders. In the financial year 2020-21, <strong>Oyo Rooms reported a 52% fall in revenue to Rs 6,329.73 crore against a revenue of Rs 13,168.15 crore a year ago.</strong> <br /><br />The company reported a restated loss from continuing operations of Rs 2,294.31 crore in the fiscal year ended on March 31, 2021, which was Rs 11,079.79 crore in the previous financial year. Oyo has appointed Kotak Mahindra Capital, JP Morgan India, and Citigroup Global Markets India as the global co-ordinators and BRLMs to the issue, whereas Link Intime India has been chosen as the registrar to the issue. ICICI Securities, Nomura Financial Advisory and Securities (India), JM Financial, and Deutsche Equities India are the merchant bankers to the issue.</div> <div> <div dir="ltr" data-smartmail="gmail_signature"> <div dir="ltr"> </div> </div> </div>
Integrated services player BVG India is eyeing to raise funds from primary markets as the company has filed its draft red herring prospectus with the markets regulator SEBI to float its initial public offering (IPO). According to the DRHP, the issue will consist of the issuance of <strong>fresh equity shares worth Rs 200 crore</strong> and an offer for <strong>(OFS) of up to 7,196,214 equity shares</strong> by promoters and existing shareholders. Participating in OFS, promoters of the company, Hanmantrao Ramdas Gaikwad and Umesh Gautam Mane will offload about 2 million equity shares. Other key shareholders including Strategic Investment FM (Mauritius) Alpha Limite, Strategic Investment FM (Mauritius) B, and Other shareholders will sell about 5.2 million equity shares from their stake. The company will utilize the net proceeds from the fresh issue to repay and/or prepay certain borrowings of the company and the remaining proceeds will be used for general corporate purposes. The company has allocated 60 percent of the net offer for qualified institutional buyers (QIBs), whereas 15 percent of allocation shall be made to noninstitutional investors (NIIs), and the remaining 35 percent shall be available for allocation to retail bidders. The Pune-based BVG India is among the largest integrated services companies in India with a headcount of more than 54,000 employees on June 30, 2021. In the financial year 2020-21, the company served over 582 clients in more than 100 cities, spread across 20 states and five union territories of the country. The company offers a wide range of integrated services including soft services such as mechanized housekeeping, industrial housekeeping, manpower supply, security services, and janitorial services, hard services. Backed by UK private equity major 3i Group, BVG India also provides beach development and cleaning services and also undertakes the operation and maintenance of buses including electric buses In the financial year 2021, BVG India's revenue from operations declined about 13.6 percent to Rs 1,667.72 crore against Rs 1,930.12 crore a year ago. The company reported a net profit at Rs 86.11 crore in the fiscal year ended on March 31, 2021, a decline of 30 percent from Rs 122.50 crore the previous financial year. ICICI Securities, JM Financial, and HSBC Securities and Capital Markets (India) are the merchant bankers to the issue. Link Intime India has been appointed as the registrar to the issue.
Tata Technologies has entered into a strategic partnership with the government of Manipur to transform technical training and encourage entrepreneurship and innovation in the state. The global engineering major and digital services firm has collaborated for three years as both the parties have inked a Memorandum of Agreement (MoA) for the purpose. Under the partnership, a center for invention, innovation, incubation and Training (CIIIT) on industrial experiential learning and development will be established in Manipur. The total investment under this project is pegged at about <strong>Rs 200 crore</strong> and the center will be up and running by the first quarter for the next financial year. It is likely to have the <strong>capacity to train 1,500 students every year</strong>. The center would be spread across about 20,000 square feet of area and will showcase the latest infrastructure, tools, and technologies around industry 4.0, robotics, 3D printing, and electric vehicle design, and more. "<strong>The latest center is expected to bring qualitative improvements in the field of engineering education in Manipur and will cater to industry requirements of making available job-ready engineers,</strong>" the company said. Tata Technologies added that the project will improve the availability of advanced skills required for the manufacturing value chain in the northeastern state and will thereby incentivize businesses to invest in Manipur and create more jobs. N Biren Singh, Chief Minister, Manipur said that he wants the state to be at the forefront of the technology revolution that is taking place. "Through our collaboration with Tata Technologies, we aim to create the best of its kind CIIIT that will empower the youth of Manipur and create better employment and entrepreneurship opportunities for them," he added. The CM of the state also emphasized the need for the availability of job-ready engineers which in turn will transform the state into a potential investment destination for those industry players. The collaboration is aimed at building a futuristic training ecosystem to implement the best-of-its-kind training infrastructure, curriculum and enable people of Manipur to be at the forefront of the technology revolution. Warren Harris, Managing Director, and CEO, Tata Technologies said that the partnership will produce engineers who will be capable of innovating the future-ready products and rapidly transforming the ecosystem of technology. "<strong>In collaboration with the government of Manipur, we intend to leverage our product engineering expertise and manufacturing domain knowledge to train and skill future-ready engineers,</strong>" he added. <script src="chrome-extension://lmnganadkecefnhncokdlaohlkneihio/enable.js"></script>
The domestic mobile phone manufacturer <strong>Lava International</strong> is all set to raise funds from primary markets via its primary offering. The company filed draft papers (DRHP) with the Securities and Exchange Board of India (SEBI) for its IPO. According to the DRHP, the issue will consist of the issuance of fresh equity worth <strong>Rs 500 crore</strong> and an offer for sale of up to <strong>43.73 million</strong> shares by its existing shareholders and promoters. Existing shareholders participating in the proposed IPO include <strong>Hari Om Rai (up to 12.54 million shares), Shailendra Nath Rai (up to 3.14 million shares), Sunil Bhalla and Vishal Sehgal (up to 7.84 million shares each), Unic Memory Technology (up to 11.27 million shares) and Tupperware Kitchenware (up to 0.97 million shares)</strong>. Axis Capital, BOB Capital Markets, DAM Capital Advisors, and SBI Capital Markets have been appointed to manage the issue, whereas Link Intime India has been appointed as the registrar to the issue. The net proceeds from the issue will be utilized for marketing and brand building activities, funding acquisition and other strategic initiatives, and investment in material subsidiaries for funding its working capital requirements. Lava is a leading end-to-end focused mobile handset and mobile handset solutions company based in Noida (India), with operations in more than a dozen countries. Up to 50 percent of the total offer is reserved for qualified institutional buyers, and 15 percent for non-institutional investors. The remaining 35 percent stake is allocated to the retail investors. It designs, manufactures, markets, distributes, and services mobile handsets, tablets, and other electronics accessories under its own LAVA and XOLO brands, and provides value-added software services. The firm also offers mobile handsets solutions to original equipment manufacturers (OEMs) ranging from sourcing, design, manufacturing, quality testing, embedding software, and distribution. The company recently inked a partnership license agreement with Lenovo, which entitles it to distribute mobile handsets manufactured by it under the Motorola brand in India and overseas. Also, Lava International has entered a multi-year contract with HMD for an end-to-end design, manufacturing, supply chain, and distribution of mobile handsets under the Nokia brand in India and overseas. It has a manufacturing facility located in Noida. As of August 2021, it had more than 15 assembly lines operated by more than 3,100 workforces with a production capacity of 42.52 million feature phone equivalent handsets per annum. As of July, it had 705 service centers and 60 service wheels across India. For the fiscal year ended on March 31, 2021, the company clocked a revenue from operations to <strong>Rs 5512.87 crore</strong> against Rs 5264.33 crore a year ago. Net profit for the period stood at <strong>Rs 172.61</strong> crore as against 107.76 crores last year. <strong>For buying and selling of Pre-IPO or Unlisted Shares in India, please visit our website www.unlistedzone.com or drop us an email at [email protected].</strong> <script src="chrome-extension://lmnganadkecefnhncokdlaohlkneihio/enable.js"></script>
Electrosteel Steels has bagged Nadidih BICO iron ore block at Odisha auctions as the company has bid the highest bid for the block in the last week. According to the sources, the steel player bid a premium of 95.6% for the block. Last year, the iron ore block had been bagged by Sociedade De Fomento, offering 141.25% in premium but the Goa-based miner chose not to sign a lease agreement on grounds that the MDPA was too aggressive for this reserve. Bidding for this particular block, Rungta Group's BICO mined started at 76.1% premium, which was offered by Vedanta's Electrosteel as the IPO price. The other four qualified bidders in this forward round included Ramgad Minerals, Rungta, AM/NS India and Odisha Metaliks. On the other hand, JSW's latest acquisition Bhushan Power bid 30% and Jagannath Power bid 27% premium. Both the lower bids were disqualified from the second round. The mine has an area of 74.5 Ha with explorations done up to G2 level and has total geological resources of around 27 million tonnes of iron ore. The mine produces 89.34% fines and 10.67% lumpy ore. The government has put 10 iron ore blocks under the hammer in this round. These include Nadidih BICO, Kasia, Gandhalpada, JumkaPatrishohi to name a few. Department of Steel and Mines of the Odisha Government expects to complete the auction process by the end of September 2021. After the current tranche of 11 mineral blocks, it may auction another five blocks as composite leases. The Odisha government is expected to announce the technically qualified bidders for other mines gradually in the coming days.
Buying unlisted shares might be a risky bet for the investors, but for those who seek value over a longer period at a discounted rate, the unlisted market is a better proposition for them. However, there are many novices and gullible retail investors who fancy seeking value in the pre-IPO industry but are trapped in the wrong bets or at lofted valuations. Here is a list of the top 10 hot and best-unlisted shares to buy in 2021 in India, which investors can buy for a longer period and make a good profit. <strong>1. Lava International (DRHP for IPO to be process next month)</strong> The IPO-bound mobile maker is a leader in various countries across the globe. The company is held strong in 11 countries of Asia, Africa, the Middle East, and Latin American nations. Its wide range of product portfolio of tablets, feature phones, and smartphones at competitive rates make it a decent play, and the PLI scheme is an added advantage for it. Noida Headquartered Lava International has filed its DRHP with markets regulator SEBI to hit the primary markets. The company recently rewarded investors with a 1:1 bonus after splitting the shares in the same ratio. In the financial year 2019-20 the company reported net revenue of Rs 5,264 crore and net profit of Rs 107 crore, with an EPS of 8.24. <strong>2. Sterlite Power Transmission (DRHP Filed for IPO)</strong> Another IPO-bound firm from the Anil Agarwal-led Vedanta Group is a hot cake in the unlisted share. The company is highly undervalued and if thanks farewell to it, it can be a game-changer for investors. The company brags 12,500 km of the circuit and 22,719 MVA, giving a strong penetration in India and Brazil. The company is rapidly focusing on the reduction of debt and rapid electrification along EV play will add to more opportunities for the company. Also, the business is a high-margin one. The company reported a revenue of Rs 2,933.85 crore in the fiscal year 2021 with a net profit of Rs 362.92 crore. <strong>3. AGS Transact (DRHP Filed for IPO)</strong> A leading player in end-to-end cash and digital payment solution provider, AGS Transact is a prime fintech player. Covering more than 2,200 cities and towns of the country, the Mumbai-based player has more than 4.2 lakh touchpoints, through which it provides banking, retail, petroleum, and other services. In the financial year 2020, the company reported a revenue of more than Rs 1,800 crore and incurred a profit of Rs 83 crore with an EPS of 7. The company will likely file its IPO draft soon with Sebi. Increasing digital payment and banking reach open the gateway for more business opportunities for the company. <strong>4. Studds Accessories (IPO in 1-2 years)</strong> Incorporated in 1972, Studds Accessories is a global leader in helmets, motorcycle luggage, and riding gear. It is the only Indian player, which is certified by the European Safety Agency. The company has a vast network of dealers to showcase their more than four dozen products, marking their presence in more than 40 nations in the world. In the FY2020, the Faridabad-based company made more than 6.6 million helmets as the demand for personal mobility rose exponentially. In FY 2019-20, the company reported a revenue of Rs 484.2 crore, with a Profit after Tax of Rs 74 crore, with an EPS of 37. The IPO of Studds is much awaited by the investors on Dalal Street. <strong>5. Elofic Industries</strong> The lubricant manufacturer was incorporated in 1973, and later also added automobile filters in the foray. As of present, it manufactures a complete range of filters and lube in its half a dozen facilities located in Haryana, Himachal Pradesh, Tamil Nadu, supplying the products to more than a score of global and international clients. The Faridabad-based lube maker reported a net profit of Rs 30.96 crore in the financial year ended on March 31, with an income of Rs Rs 266.61 crore during the year. The company reported a super-strong EPS of 123.44 during the fiscal. The company has a wholly-owned subsidiary in the United States. <strong>6. Martin and Harris Laboratories</strong> It is part of well known Apeejay Group, which is among the oldest and largest business conglomerates. The company is engaged in the business of pharmaceuticals, medicinal chemicals, and botanical products through its units in Himachal Pradesh, along with a significant share of the derivative and investment business. The pharmaceutical-cum-investment player reported a total income of Rs 296 crore in the fiscal year ended on March 31, 2021. The company clocked a net profit of Rs 70 crore with a strong EPS of 70. The company's investment business contributes little less than half of its revenue, which makes it a decent play for high-risk plays. <strong>7. Chennai Super Kings</strong> Who is not aware of the MS Dhoni-led Chennai Super Kings, which is one of the most buzzed unlisted counters. The multi-time champion is one of the companies facing the wrath of a global pandemic, but once the normalcy is restored, things are expected to be on track. The company is expected to be the most valued and profit-making IPL franchise. The auction of forthcoming two franchises, the company is likely to be related, thanks to the strong topline despite the covid-19. However, the bottom line of the company has suffered due to the higher expenses. The Chennai-based IPL franchise has reported a net profit of Rs 40.26 crore, with a revenue of Rs 247.83 crore in the FY2020-21. <strong>8. Ncl-Buildtek (IPO in 1-2 years)</strong> The company is the sole licensee from India for ICP plasters. The company has recently bagged a multi-million order from the Andhra Pradesh State Housing Corporation Limited (APSHCL). The company has a super stronghold in southern India including states like Tamil Nadu, Andhra Pradesh, and Telangana, and Maharashtra. The company is eyeing to expand its product portfolio and exploring more business segments into the arsenal. The company reported a revenue of Rs 265 crore in the financial year 2020-21, with a net loss of Rs 7 crore. However, the company is expected to be in the black soon. <strong>9. Paytm (DRHP Filed for IPO)</strong> The largest unicorn in India is just a few steps away from its initial public offering (IPO). The fintech player is one of the largest payment gateway and service aggregators in India, with eyes on multiple businesses like broking, mutual funds, bill payments, insurance, gold, and more. Paytm has incurred a huge capital expenditure and is likely to reap fruits now. Paytm is the only domestic player, which is backed by both Jack Ma and Warren Buffet. The company reported total revenue of Rs 3,186.80 crore in the financial year 2020-21, narrowing its net loss to Rs 1,701 crore. The company is likely to value itself about $30 billion (Rs 2.2 lakh crore) in the IPO. It is a good time to buy this share. <strong>10. Reliance Retail </strong> Back by Mukesh Ambani's Reliance Industries, Reliance Retail is one of the most demanded unlisted shares in the country. Despite all hiccups and negative new flows like compulsory buyback or jitted to its deal with Kishor Biyani's Future Group in the market, the company is commanding more market value than its parent company, only due to super-strong demand. After raising funds via stake sale to the global private equity funds, the company is eyeing to become the one-stop solution for the needs of households. The strong physical presence and partnership with Jio for e-commerce, make it an all-around play. The company clocked a revenue of Rs 1,31,926 crore in FY21, with a net profit of Rs 4,586 crore and EPS of 8.92. <strong>For buying and selling of Pre-IPO or Unlisted Shares in India, please visit our website www.unlistedzone.com or drop us an email at [email protected].</strong> <script src="chrome-extension://lmnganadkecefnhncokdlaohlkneihio/enable.js"></script> <script src="chrome-extension://lmnganadkecefnhncokdlaohlkneihio/enable.js"></script> <script src="chrome-extension://lmnganadkecefnhncokdlaohlkneihio/enable.js"></script>
<p><span style="font-size: 14pt;"><strong>A)</strong> <strong>Documentation Charges</strong> (<strong>Non-refundable</strong>)</span></p> <p class="p3">As an investor, you need to pay the stamp duty for share purchase agreement and stamp paper cost. The rough cost of these documentation is Rs. 8k-10k. The cost of documentation will go to the Government. Our company will not take any fees for the documentation process.<span class="Apple-converted-space"> </span></p> <p><strong><span style="font-size: 14pt;">B) Payment Schedule (Refundable in case of rejection)</span></strong> <br /><br /><strong>1.</strong> 25% Payment of total consideration shall be paid at the time of deal confirmation i.e. execution of deal confirmation contract between buyer and seller. <br /><br /><strong>2.</strong> Next 25% shall be paid at the time of documentation i.e. before submission of documents to the NSE. The name clearance is the time consuming process which generally takes 3 months. <br /><br /><strong>3.</strong> Rest 50% of total consideration shall be paid after receiving the permission from NSE.</p> <p class="p5"><span class="s1"><strong>Note</strong></span><strong>:</strong><span class="s2">- </span>If for any reasons permission is not being granted from NSE, then the 50% of total consideration i.e. paid before submission of documents to NSE shall be refunded in full without any interest/any other benefit.</p> <p><span style="font-size: 14pt;"><strong>C) KYC Documents list</strong></span> <br /><br /><strong>1. </strong>Pan</p> <p class="p7"><strong>2.</strong> Aadhaar</p> <p class="p7"><strong>3.</strong> Qualification</p> <p class="p7"><strong>4. </strong>Experience</p> <p class="p7"><strong>5.</strong> Mobile</p> <p class="p7"><strong>6.</strong> Email</p> <p class="p7"><strong>7.</strong> CIBIL Score</p> <p class="p7"><strong>8.</strong> Net-worth Certificate</p> <p class="p7"><strong>9.</strong> DIN (applicable in case you are director in a company)</p> <p class="p7"><strong>10.</strong> list of unquoted or unlisted shares</p> <p class="p7"><strong>11.</strong> Client master list</p> <p><span style="font-size: 14pt;"><strong>D) Buyer Stage 1 Documents </strong></span></p> <p class="p1"><strong>1.</strong> <a href="https://unlistedzone.com/storage/knowledge-logo/Annexure-1-Format-of-undertaking-Associate.doc">https://unlistedzone.com/storage/knowledge-logo/Annexure-1-Format-of-undertaking-Associate.doc</a></p> <p><strong>2.</strong> <a href="https://unlistedzone.com/storage/knowledge-logo/Annexure-2-Format-of-undertaking-Fit-Proper-Person.doc">https://unlistedzone.com/storage/knowledge-logo/Annexure-2-Format-of-undertaking-Fit-Proper-Person.doc</a> <br /><br /><strong>3.</strong> <span class="s1"><a href="https://unlistedzone.com/storage/knowledge-logo/Annexure-3-Format-of-confirmation-from-the-Group.doc">https://unlistedzone.com/storage/knowledge-logo/Annexure-3-Format-of-confirmation-from-the-Group.doc</a></span> <br /><br /><strong>4.</strong> <a href="https://unlistedzone.com/storage/knowledge-logo/Annexure-3A-Format-of-confirmation-explaining-source-of-funds.docx">https://unlistedzone.com/storage/knowledge-logo/Annexure-3A-Format-of-confirmation-explaining-source-of-funds.docx</a> <br /><br /><strong>5.</strong> <a href="https://unlistedzone.com/storage/knowledge-logo/Annexure-4-Format-of-confirmation-of-compliance.doc">https://unlistedzone.com/storage/knowledge-logo/Annexure-4-Format-of-confirmation-of-compliance.doc</a> <br /><br /><strong>6.</strong> <a href="https://unlistedzone.com/storage/knowledge-logo/Annexure-5-Declaration-cum-Undertaking-from-the-Foreign-Direct-Investor.docx">https://unlistedzone.com/storage/knowledge-logo/Annexure-5-Declaration-cum-Undertaking-from-the-Foreign-Direct-Investor.docx</a> <br /><br /><strong>7.</strong> <a href="https://unlistedzone.com/storage/knowledge-logo/Annexure-6-Confirmation-cum-Undertaking-not-acting-in-concert-with-any-NSE-Shareholder.docx">https://unlistedzone.com/storage/knowledge-logo/Annexure-6-Confirmation-cum-Undertaking-not-acting-in-concert-with-any-NSE-Shareholder.docx</a> <br /><br /><strong>8.</strong> <a href="https://unlistedzone.com/storage/knowledge-logo/Annexure-7iii-Format-of-confirmation-Purchaser.docx">https://unlistedzone.com/storage/knowledge-logo/Annexure-7iii-Format-of-confirmation-Purchaser.docx</a> <br /><br /><strong>9.</strong> <a href="https://unlistedzone.com/storage/knowledge-logo/Annexure-8-Confirmation-with-regard-to-contributors.docx">https://unlistedzone.com/storage/knowledge-logo/Annexure-8-Confirmation-with-regard-to-contributors.docx</a> <br /><br /><strong>10.</strong> <a href="https://unlistedzone.com/storage/knowledge-logo/Annexure-9-Format-of-Indemnify-from-selling-purchasing-entity.docx">https://unlistedzone.com/storage/knowledge-logo/Annexure-9-Format-of-Indemnify-from-selling-purchasing-entity.docx</a> <br /><br /><span style="font-size: 14pt;"><strong>E) Buyer Stage 2 Documents </strong></span> <br /><br />1. <a href="https://unlistedzone.com/storage/knowledge-logo/Format-of-the-Letter-from-DP-of-the-Purchaser.doc">https://unlistedzone.com/storage/knowledge-logo/Format-of-the-Letter-from-DP-of-the-Purchaser.doc</a> <br /><br />2. <a href="https://unlistedzone.com/storage/knowledge-logo/2.2-Letter-from-the-Purchaser.docx">https://unlistedzone.com/storage/knowledge-logo/2.2-Letter-from-the-Purchaser.docx</a></p> <h4><span style="font-size: 18pt;">For any other query, please drop us an email at [email protected] or Watsapp at 8010009625</span></h4>
Utkarsh Small Finance Bank has come up with its annual report 2021 and same is available with UnlistedZone. Let us see how it has performed in the last one year. <!--more--> <strong>About Utkarsh Small Finance Bank</strong> Utkarsh Small Finance Bank has commenced Banking operations on Jan 23, 2017 and has since spread its footprint consistently to include a customer base that covers the unserved and underserved segment across various States and UTs of India. The Bank re- envisioned its Vision, Mission and Value Statements during FY 2020-21 to signify its ability to offer excellence in banking services across social strata. Utkarsh Small Finance Bank mainly provides loans under various categories such as; a. Micro-Finance Individual and Group. b. Retail loan - Personal, Business, Commercial Vehicles etc. c. Wholesale banking Loan d. Housing Loans In the pandemic, the micro-finance loan book was most affected. <strong>P.S-</strong> In the unlisted market, the shares of Utkarsh Microfinance are available which is a holding company of Utkarsh Small Finance Bank. As per information available in the market, before the IPO the shareholders of Utkarsh Microfinance will get shares of Utkarsh Small Finance bank in the proportion as per calculated valuation. <strong>Highlights of FY20-21</strong> <strong>a)</strong> Launched digital on-boarding of accounts. <strong>b)</strong> Launched non-fund based facility and working capital loans. <strong>c)</strong> Utkarsh Small Finance Bank has filed its Draft Red Herring Prospectus (DRHP). <strong>d)</strong> They have tied up with Mastercard for International Debit Card offering. <strong>e)</strong> BT-KPMG – Best Small Finance Bank in 2021- SFB category. <strong>f)</strong> Team Marksmen and Media partner CNBCTV18 have recognised Utkarsh Small Finance Bank as one of the Most Trusted Brands of India FY 2020-21 • <strong>g)</strong> Utkarsh Small Finance Bank was awarded State Level Outstanding Performance Award by NABARD Year – 2020 for Joint Liability Group under Small Finance Category by NABARD. <strong>Utkarsh Small Finance Bank Presence</strong> We have a presence in 16 states, 2 Union Territories, 188 districts and having 558 branches. <strong>Financial Highlights of FY20-21</strong> <strong>a)</strong> Utkarsh Small Finance Bank has clocked revenue of 1,725 Crore in FY 2020-21, compared to 1,406 Crore in FY 2019-20, clocking a year-on-year growth of 22.68%. The growth is mainly attributed to increase of gross loan portfolio and increase in deposits. <strong>b)</strong> The operating profit of the Bank stood at 438 Crore in FY 2020-21 compared to 350 Crore in FY 2019-20, clocking a year-on year growth of 25.13%. <strong>c)</strong> Utkarsh Small Finance bank in order to counter the impact of Pandemic has made provisions of 286 Crore in FY 2020-21 compared to 100 Crore in FY 2019-20, registering a year-on-year increase of 187.25%. ( <strong>This is the main problem which is happening with Small Finance banks). d) Due to higher provisions, </strong>PAT stood at 111 Crore in FY 2020-21 compared to 186.74 Crore in FY 2019-20. <strong>e) </strong>The Return on Assets (RoA) stood at 1.04% and Return on Net Worth (RoNW) at 9.99% for the year ended March 31, 2021. <strong>f)</strong> The Loan Book during this period was at <strong>8,416 Crore</strong> across various business units namely Micro-banking, Wholesale Banking, Retail Assets (MSME and personal Loans), Housing Loans, Business Correspondents, Commercial Equipment and Construction Vehicles and others. The Micro-finance portfolio contributed to around 82% while other businesses contributed around 18% towards the Loan Book. <strong>g)</strong> During FY 2020-21, the Bank successfully opened 16 new micro banking branches. Bank’s micro-finance loan portfolio has grown by 17.82% during FY 2020-21 to reach 6,899 Crore as on March 31, 2021. <strong>Micro-finance Loan is the Core business- Most affected by Covid-19</strong> <strong>a)</strong> Utkarsh Small Finance being an NBFC-MFI, micro-finance remains a focused business segment for the Bank. <strong>b)</strong> Micro-finance lending comprised 81.98% of the gross loan portfolio of the Bank as on March 31, 2021. Under micro-finance lending, the Bank focuses on financial inclusion of the underprivileged and economically weaker sections of the society, who get very limited or no access to financial services. The Bank provides JLG loans, individual loans, swacchata loan and two-wheeler loans under micro Loan Composition mix as on March 31, 2021 <strong>c)</strong> Bihar and Uttar Pradesh has been core geography for the Bank’s micro-finance portfolio. Micro-finance loans continues to be substantially diversified with an average ticket size of 27K (based on outstanding loan portfolio), with tenors ranging between 12 to 24 months. <strong>d)</strong> As on March 31, 2021, the Bank had more than 25 lakh active loan accounts under micro-finance lending spread across 141 districts and 11 states, serving through 420 micro banking outlets. <img class="alignnone wp-image-21682" src="https://unlistedzone.com/storage/knowledge-logo/Screenshot-2021-09-21-at-12.40.06-PM.png" alt="" width="516" height="357" /> <strong>NPA Situation of Utkarsh Small Finance Bank</strong> a) As on 31.03.2021, the GNPA stands at 315 Crores and Net NPA stand at 108 Crores. b) As on 31.03.2020, the GNPA was at 44 Crores and Net NPA was at 11 Crores. So, massive jump has seen in the NPA levels due to Covid-19. And, due to high provisioning of NPA, the PAT has suffered for the bank. <strong>Valuation and Expected price band of Utkarsh Small Finance Bank</strong> Book Value as on 31.03.2021 = 16 If we see the current P/B of Ujjivan Small Finance which is also doing major loans in micro-finance, it is available at 1.1x. However, the G.NPA levels of Ujjivan Small Finance as on 31.03.2021 stands at 7% which is way above Utkarsh Small Finance which is having 3% G.NPA. So, if we give the P/B of 2x to Utkarsh Small Finance Bank, then Expected Price band of Utkarsh Small Finance Bank would be 32-35 per share. <strong>Valuation</strong> = ~2700-2800 Crores.
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