Bharat Nidhi (Bharat Bank) Unlisted Shares

Bharat Nidhi Limited distributes Newspapers and Magazines in India. It is also involved in investment and financing activities. The company was incorporated in 1942 and is based in New Delhi, India.

They have a contract of distribution of Newspapers and magazines of Bennett Coleman and Company Limited, commonly known as The Times Group.

Under the contract,

(i) BCCL shall arrange to deliver their newspapers and periodicals to Bharat Nidhi Limited (BNL) at their own cost, as per the indents of BNL at the addresses specified by BNL within such territory, as agreed.

(ii) BCCL shall send a statement of supplies for each day to BNL, which shall be returned by BNL duly signed together with remittance towards the cost of purchase from BCCL in the following manner.

a> Daily publications will be paid on the same day as the date appearing in the issue. If the day on which the payment falls due is a Sunday or a holiday, the payment will be paid on the following working day.

b> Each issue of weeklies and fortnightlies will be paid within three days of delivery of the publication. c. Each issue of monthly, annual, and other publications will be paid within seven days of delivery of the publication.

The company is also registered as NBFC with RBI. However, on 29th October 2014, the Company had voluntarily made an application to the RBI for the surrender of its Certificate of Registration (CoR) as NBFC. During the current year(2017-18), as a follow up to the said application for voluntary surrender of the CoR by the Company, RBI has asked the Company to reduce its Financial Assets below 50% of its Total Assets in order to initiate the cancellation of the CoR. The Company is reviewing the same and appropriate action will be taken by the Company.

Subsidiary/Joint Ventures/Associate Companies

Sr. No.	Company	Holding/Subsidiary/Associate	% of shares
1	Matrix Merchandise Limited	Associates	23.90
2	Vasuki Properties Limited	Associates	49.99
3	Bennett, Coleman & Co. Limited	Associates	24.41
4	Bennett Property Holdings Co. Limited	Associates	24.41
5	Mahavir Finance Limited	Associates	20.00

Opportunities and Threats:

Though digital media platforms have witnessed exponential growth in the last few years, digital news platforms have not been able to substitute newspaper readership in India, like they have done elsewhere in the world. Even as print media is declining rapidly in the developed economies and digital media users and television media viewership have surpassed print in many markets, newspapers continue to command a lion’s share of the advertising pie in India. As per the latest report from Zenith, the ROI agency of Publicis Group, newspapers will continue to be the most dominant media segment in the foreseeable future.

Print media is projected to continue its growth, largely on the back of continued readership growth in vernacular markets and advertisers’ confidence in the medium, especially in tier-II and tier-III cities. Spurt in literacy levels, hyper-localization rising disposable income, perceived credibility of written words, selective cover price increase, increase in print advertising, better distribution systems, improved quality of printing and logistics and attractive margins for vendors is likely to drive the future expansion of circulation of newspapers and readership across India. However, rising digital content consumption is perceived to be a long-term risk to the industry.

Financial Performance:

(a) During the Financial Year 2017-18, the Company’s Total Revenue on a standalone basis was Rs. 69.88 Crores as compared to Rs. 66.65 Crores in the previous year and the Total Expenditure was Rs. 56.66 Crores as compared to Rs. 58.48 Crores in the previous year on a standalone basis.

(b) During the Financial Year 2017-18, the Company has earned Profit after tax of Rs. 13.13 crores as compared to a profit of Rs. 8.16 crores in the previous year on a standalone basis.

Bharat Nidhi (Bharat Bank) Unlisted Shares Details:

Face Value:	₹ 10 Per Equity Share
ISIN:	INE286F01016
Lot Size:	25 Shares
Current Unlisted Share Price:	₹ 9000 Per Equity Share

Promoters And Management:

(i) Ms. Revati Jain- Director (ii) Mr. B. Chintamani Rao- Director (iii) Mr. Bhagat Ram Goyal- Director (iv) Mr. Mukesh Gupta- Director (v) Mr. Nityanand Singh- Director (vi) Mr. Punit Jain- Director

Shareholding Pattern:

Category	Number of Shares	% of Shares
Banks, Financial Institutions, Insurance State Govt., Central Govt.	3288	0.11
Private Bodies Corporate	16,94,014	58.02
NRIs and OCBs	66,193	2.27
Indian Public – Individuals	9,96,751	34.14
Hindu Undivided Family	25,813	.88
Others (IEPF)	1,33,663	4.58
Total	29,19,722	100%

Financials of Bharat Nidhi (Bharat Bank) Unlisted Shares:

Standalone Financial Performance:

Year	Revenue(Cr)	PAT(Cr)	OPM	NPM
2017	66.64	8.16	12.34%	12.24%
2018	69.88	13.12	19.01%	18.75%
2019	79	25	35%	31%
2020	129	74	62%	57%
2021	31	2	10%	6%

Consolidated Financial Performance :

Year	Revenue(Cr)	PAT(Cr)	PAT of Associates	OPM	NPM
2017	66	8	230	12.34%	12.24%
2018	69	13	241	19.01%	18.75%
2019	79	25	405	35%	31%
2020	129	74	-63	62%	57%
2021	31	2	-176	10%	6%

Consolidated Financial PerformanceUnlistedZone Review: 1. The Company Revenue is growing at a CAGR of 25% in the last 4 years. 2. The Company PAT is growing at a CAGR of 109% in the last 4 years. 3. The Company is debt-free. 4. The Consolidated EPS of FY19-20 is 37. 5. During the year, the Company has bought back 19,590 Nos. of Equity Shares of Rs.10/- each for Rs.11,229/- per equity share under “Buy-back Offer” to provide an exit opportunity to its public shareholders by the Company. What is PAT of Associates? It means the % of the profit the associates are generating in their business and the same is getting added to Bharat Nidhi consolidated financials.

Sr. No.	Company	Holding/Subsidiary/Associate	Company’s Share of Net Profit/(Loss)
1	Matrix Merchandise Limited	Associates (23.90%)	10,53,128
2	Vasuki Properties Limited	Associates (49.90%)	20,61,190
3	Bennett, Coleman & Co. Limited	Associates (24.41%)	-15,60,92,547
4	Bennett Property Holdings Co. Limited	Associates (24.41%)	-48,12,25,392
5	Mahavir Finance Limited	Associates (20%)	1,21,435/-

Bharat Nidhi Annual Report 2022-23 Bharat Nidhi Annual Report 2021-22 Bharat Nidhi Annual Report 2020-21 Bharat Nidhi Annual Report 2019-20 Bharat Nidhi Annual Report 2017-18 Bharat Nidhi Annual Report 2016-17 Research Report by UnlistedZone

Company Address:

First Floor, Express Building, 9-10, Bahadur Shah Zafar Marg, New Delhi - 110002

Frequently Asked Questions:

Please find below the procedure for buying Bharat Nidhi (Bharat Bank) Unlisted Shares at UnlistedZone.

1. You confirm booking of Bharat Nidhi (Bharat Bank) Unlisted Shares with us at a trading price.
2. You provide your client master report (ask the broker if not available) along with PAN Card and Cancelled Cheque in case you are not transferring funds from the bank account as mentioned in the CMR Copy. These are KYC documents required as per SEBI regulations.
3. We will provide the bank details.
4. You need to transfer funds in that account.
5. Payment has to be done in RTGS/NEFT/IMPS CHEQUE TRANSFER. No CASH DEPOSIT.
6. Payment has to be done from the same account in which shares are to be credited.
7. We will transfer the shares in 24 hours if funds are credited before 2 pm.

Important Note: Please note that the lock-in period for selling Bharat Nidhi (Bharat Bank) Unlisted Shares is 6 months after listing. Hence you can’t sell Bharat Nidhi (Bharat Bank) Unlisted Shares which you bought in Pre-IPO for 6 months after its listing. i.e. You can sell it only after 6 months calculated from the listing date. For any queries, please contact us at sales@unlistedzone.com

Please find below the procedure for selling Bharat Nidhi (Bharat Bank) Unlisted Shares at UnlistedZone.

1. We will confirm our buying price of Bharat Nidhi (Bharat Bank) Unlisted Shares.
2. We will give you our client master report and you will transfer the Bharat Nidhi (Bharat Bank) Unlisted Shares to our demat account.
3. We will ask for bank details of yours once the Bharat Nidhi (Bharat Bank) Unlisted Shares are received in our demat account..
4. We will transfer the funds in your bank account within 24 hrs of receiving the Bharat Nidhi (Bharat Bank) Unlisted Shares.
5. Payment will be made in RTGS / NEFT / CHEQUE TRANSFER/IMPS. No CASH DEPOSIT.
6. Payment will be given in the same account which is linked to demat account or you need to provide the cancelled cheque shows your name to verify. As per SEBI regulations, the transfer of funds in the third party account is not legal and our policy refrain us from doing so.

Note: The price at which we are buying the share is fixed for 3 days. If you cant sell your stock within 3 days, then the price of that day will be applicable when we receive shares in our demat.

Lock-in period of Bharat Nidhi (Bharat Bank) Unlisted Shares depends upon category of investors.

1. Venture Capital Funds or Foreign Venture Capital Investor - lock-in Period of 6 months from the date of acquisition of Bharat Nidhi (Bharat Bank) Unlisted Shares.
2. AIF-II - There is no locking period.
3. Other Investors (include Retail, HNIs or Body Corporate) lock-in Period of 6 months from the date of listing of IPO of Bharat Nidhi (Bharat Bank) Unlisted Shares.

This new SEBI rule was introduced in the month of August-2021, wherein the SEBI has reduced the lock-in period previously from 1 year to 6 months to encourage more and more funds to be invested in startups which are going to public or IPO in near future. Reduction of lock-in is seen as big step and after that many PMS funds are advising their clients to invest in Pre-IPO shares to get the benefit of early stage investment.

DIS - Delivery Instruction Slip is the way through which an investor can sell or transfer the Bharat Nidhi (Bharat Bank) Unlisted Shares from his/her demat account to any other demat account. There are two Types of DIS Slip.

1. Offline-DIS - This is an offline mode of transfer of shares wherein the investors needs to fill DIS form and give it to their broker for transferring the shares. Following are the fields which are required to be filled.
- a. ISIN number of Bharat Nidhi (Bharat Bank) Unlisted Shares.
- b. Name of Bharat Nidhi (Bharat Bank) Unlisted Shares
- c. Quantity of Bharat Nidhi (Bharat Bank) Unlisted Shares
- d. Cosideration Amount
- e. Target DP ID and Client ID
- f. Annexure
2. Online DIS - Some of the broker these days gives facility of transferring the Bharat Nidhi (Bharat Bank) Unlisted Shares via online DIS. So, please check with your broker whether such facility is available or not. For example: Angel Broking proivdes the facility of Online-DIS from its platform. As an investor he/she simply needs to add a beneficiary into it and send the Bharat Nidhi (Bharat Bank) Unlisted Shares by filling the details similar to Ofline-DIS.

Read our article to understand more about this. https://unlistedzone.com/how-do-i-sell-my-unlisted-shares/

In the last 4-5 years, the unlisted share market has become quite big and as a result of that, the ticket size has reduced from usual 5-10 Lac to 35-50k in today's scenario. So, via our UnlistedZone platform, if somebody wants to buy Bharat Nidhi (Bharat Bank) Unlisted Shares then minimum investment would be 35-50k.

Yes, buying and selling of unlisted shares in India is 100% legal.

If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.

If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 20% with indexation benefits.

After listing of shares, the unlisted shares which you have bought through unlisted market, will be taxed at listed rates, if sold through exchange. So, taxes of listed market will be applicable. And, to calculate holding time, for determining LTCG or STCG, the purchase date of unlisted shares will be applicable.

If you buy Bharat Nidhi (Bharat Bank) Unlisted Shares from UnlistedZone then these shares can checked in two ways. However, before we tell you the process of checking of shares, it is intimated that as per SEBI regulations, the shares can be transferred in demat account only.

Check credit of Bharat Nidhi (Bharat Bank) Unlisted Shares Instantly?

1.You can download the NSDL or CDSL application from google play-store and check. If you want to check whether your stock broker is registered with NSDL or CDSL then check the following procedure.
By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.
Demat Account = DP ID + Client ID. (16 Characters )
"DP ID is the unique identification of the Broker. Every broker gets a unique number from CDSL or NSDL.By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.
Client ID is the unique identification of the Client. Every client gets this unique number which represents his/her portfolio.
In CDSL, all these characters are numbers (1234567891234567) first 8 digits are DP ID and next 8 digits are Client Id whereas in NSDL the first two characters are letters which are in accordance with the country that you are from (IN12345678912345), then 6 unique digits for Broker and next 8 digits are client ID.
Example:
CDSL = 12345678(DP ID) and 91234567(Client ID).
NSDL = IN123456 (DP ID) and 78912345(Client ID).
Check in brokers application?
Credit of Bharat Nidhi (Bharat Bank) Unlisted Shares can be checked in brokers application as well but it takes T+2 days to show the shares.

The Bharat Nidhi (Bharat Bank) Unlisted Shares are credited in demat account same day of transferring funds in our company's bank account.

The price of Bharat Nidhi (Bharat Bank) Unlisted Shares can be checked in two ways. First, you can join our telegram channel where on daily basis we share the latest prices of all the unlisted shares in the morning and secondly, you can register on UnlistedZone.live platform to see the historical graphs and prices of all the shares at one place.

If you see the thesis of investment in the unlisted shares then it is being done mainly to take the advantage of IPO market. And, if the IPO plans of company get delayed due to market conditions or any other reason then demand suddenly drops in the market. The unlisted market works mainly on demand and supply and if there is no IPO news then getting exit would be difficult.

"UnlistedZone is India's fastest and leading marketplace to buy and sell unlisted shares. In the last 3 years, we have already served more than 1 million users on the platform. The total transactions value done from the platform is already more than 100 Crores. The name of our Co-founders Mr. Umesh Paliwal and Dinesh Gupta publish regularly in leading newspapers like MoneyControl, Business-Standard, ET etc for their views on IPO and Unlisted market. In the last 3 years, UnlistedZone has made a good name for itself in the industry and gained a trust of their users. So, the new investors should not be worried about any kind of fraud that is mostly happens with unkown brokers in the market while doing investment with UnlistedZone."

We at UnlistedZone do the valuation based on 2 methods.

1. We check the last funding that is being done in the Bharat Nidhi (Bharat Bank) Unlisted Shares to ascertain the benchmark valuation.
2. If there is no funding happened in the company, then we try to find a business similar to Bharat Nidhi (Bharat Bank) Unlisted Shares in the listed space and do comparison method to ascertain the valuation.

As an investor in the unlisted space, we would always recommend that you must check all the risk parameter carefully before investing in the unlisted space.

We source shares either from the employees or initial investors looking to liquidate their Bharat Nidhi (Bharat Bank) Unlisted Shares.

Pre-IPO shares means which are planning for an IPO in near future. So, all the shares which are traded on the platform are not Pre-IPO Shares. However, if the company's business is going good and then demand will always be there in the unlisted space, so even if the IPO does not come, the investors can easily liquidate their Bharat Nidhi (Bharat Bank) Unlisted Shares in the unlisted market itself.

Rules and regulations of SEBI are applicable in the Unlisted space like lock-in period of 6 months, paying of Stamp Duty, and DP Charges for every transaction etc. However, to become an unlisted broker there is no such regulation by SEBI as of yet.

For tracking news and other information about Bharat Nidhi (Bharat Bank) Unlisted Shares, one can visit our website wherein we post news and other information on daily basis and one can also join our telegram channel.

Discussion on Bharat Nidhi (Bharat Bank) Unlisted Shares:

9 Comments

Market Wizard

2:29 PM, 21 September 2019

Buyback of Bharat Nidhi: https://unlistedzone.com/bharat-nidhi-buyback-of-shares-exit-opportunity-17-06-2019/

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relian

12:02 PM, 9 March 2021

BUYING BHARAT NIDHI SHARE —BEST PRICE —- CALL —-

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Market Wizard

1:49 PM, 21 September 2019

1. Securities and Exchange Board of India (SEBI) vide circular no. CIR/ MRD/ DSA/ 14/ 2012 dated May 30, 2012, has directed that if any regional exchange is not having an annual turnover of 1000 cr should surrender their license and most of these regional exchanges fell under this category.

2. Exit Option of Shareholders of these companies after delisting?

a) The delisting company may list themselves on any National Level Stock Exchanges such as NSE, BSE or MSEI.

or

b) The company must buy these shares from the public and give them an exit option. For this, the SEBI has formed dissemination board both at NSE and BSE. The companies who moved to these board give exit option to the shareholders via announcement in the newspaper with a mention of fair valuation of a share calculated through Independent Valuer registered with SEBI so that shareholders get fair value. The offers open up for 7 days and shareholders can participate in the process to exit from the company.

3. On the above circular, as Bharat Nidhi was listed on Calcutta Stock Exchange it got intimation from the SEBI in 2016

( https://www.sebi.gov.in/legal/circulars/oct-2016/exclusively-listed-companies-of-de-recognized-non-operational-exited-stock-exchanges-placed-in-the-dissemination-board-db-_33437.html)

to move out from Calcutta Stock exchange and give exit to shareholders. The company despite getting intimation had not moved to decimation board. However, some shareholders went to court and court, in turn, forced the company to provide an exit to the shareholders.

4. Now vide letter number http://www.skylinerta.com/pdf_file/35_635542124_LetterofOffer.pdf the company is willing to buy 21,791 Shares at Rs. 11229.

The issue will open on Monday, September 16, 2019, and closed on Friday, October 4, 2019.

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ravi

10:55 AM, 20 February 2019

the intrinsic value of this share is 100,000 pershare. Its foolish to sell it for 15,000. Also SEBI may be giving the necessary direction to the few owners/ council to give fare price valuation to let Small scale investors an exit route

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Market Wizard

5:00 AM, 21 February 2019

What is the basis of calculating Intrinsic value? Please elaborate?

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Paresh

8:24 AM, 20 March 2019

Plz tell me really prices

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Vinay lakhoti

6:08 PM, 26 April 2019

WhAt is your contact number

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Shanmukh

6:16 PM, 7 September 2022

“The Intrinsic of Bharat Nidhi Ltd is based on the valuation of bennett coleman & co. ltd(“BCCL”). It’s too difficult to define the accurate value of BCCL. There are lot of subsidiaries and joint ventures but at the time of IPO of Entertainment Network India Limited (ENIL) a subsidiary of BCCL disclosed the value of BCCL in their DRHP Rs. 24118.20 per share in 2005. According to that figure BCCL was valued at approx rs 76000 crs. in 2005. So based on that Intrinsic value of bharat nidhi ltd should be above 2,00,000 per share.”

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Market Wizard

2:28 PM, 25 November 2018

EPS calculation for FY17-18

1. PAT of the company= 13 Cr
2. PAT of the Associates= 241 Cr
3. Total PAT of the Company= 254 Cr
4. Outstanding Shares= 29.7 Lakh
5. EPS= 870

The share is available in the unlisted territory at a Price of 17000.

P/E based on FY17-18 earnings is 19.54.

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Bharat Nidhi (Bharat Bank) Unlisted Shares

Bharat Nidhi (Bharat Bank) Unlisted Shares Details:

Promoters And Management:

Shareholding Pattern:

Financials of Bharat Nidhi (Bharat Bank) Unlisted Shares:

Company Address:

Frequently Asked Questions:

Discussion on Bharat Nidhi (Bharat Bank) Unlisted Shares:

9 Comments

Market Wizard

relian

Market Wizard

ravi

Market Wizard

Paresh

Vinay lakhoti

Shanmukh

Market Wizard

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