(i) Digvijay Finlease Limited is a Non-govt company, incorporated on 05 Nov 2001. It’s a public unlisted company and is classified as ‘company limited by shares’ having a registered office at 21 Strand Road Kolkata WB.
(ii) It is an NBFC( Non-Banking Financial Service) registered with RBI. However, their main source of revenue is:
a) Selling of long-term and short-term investments.
b) The second source of income is dividends from above short-term and long-term investments and interest of loans given to the companies.
c) Total Revenue of Digvijay Finlease
|Income from FD||8||17||24||23|
|Income from loans||77||442||302||28|
(iii) As of 31.03.2019, the company has total outstanding shares of 132,594,20 up by 28,15,528 shares as compared to the last year. In FY18-19, the company had issued 28,15,528 new shares to the shareholders upon the following action on the verdict by NCLT on 11.10.2018, Kolkata Bench.
“Amalgamation of Arham Securities Pvt. Ltd. (Transferor Company) with the Company as per the Scheme of Amalgamation sanctioned by the Hon’ble National Company Law Tribunal, Kolkata Bench as reported in the last Annual Report and 23192 equity shares held by the transferor company in the Company have been canceled as per the sanctioned scheme”
Under this scheme, the shareholders of Arham Securities got 4 shares of Digvijay Finlease on every 5 equity shares held by them.
Arham Securities Limited having total shares outstanding = 35,48,400. After amalgamation, Digvijay Finlease has issued 28,15,528 shares to shareholders of Arham Securities. The calculation follows below.
Total outstanding shares of Arham Securities = 35,48,400
Ratio of Meger= 4:5
Total Shares after the merger to be issued by Digvijay Finlease= (35,48,400/5)*4= 28,38,720.
After the merger, 23192 equity shares held by the transferor company in the Company have been canceled. So total shares issued by Digvijay Finlease are:
28,38,720-23192 = 28,15,528.
|Total Available Shares:||Not Available|
|Face Value:||₹ 10 Per Equity Share|
|Lot Size:||50 Shares|
|Current Unlisted Share Price:||₹ Best in Industry Per Equity Share|
|Retail Discount:||Bulk Deal (1%)|
|Prominent Shareholders( as on 31.03.2020)||No. of Shares||%|
|United India Insurance||128485||0.97%|
|The Orient Insurance Co. Ltd.||27930||0.21%|
|The New India Assurance Co. Ltd.||27805||0.21%|
|National Insurance Co. Ltd||27175||0.20%|
Please find below the procedure for buying Digvijay Finlease Unlisted Shares at UnlistedZone.
Please find below the procedure for selling Digvijay Finlease Unlisted Shares at UnlistedZone.
Lock-in period of Digvijay Finlease Unlisted Shares depends upon category of investors.
DIS - Delivery Instruction Slip is the way through which an investor can sell or transfer the Digvijay Finlease Unlisted Shares from his/her demat account to any other demat account. There are two Types of DIS Slip.
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 Digvijay Finlease 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.
Taxes will remain the same irrespective of listing of shares, if bought in unlisted market. Actually, to be eligible for taxes as per listed market, one has to pay STT on buying and selling of shares. But, if you buy in unlisted and sell in listed market, one pay STT only on selling so, taxes of listed market will not be applicable
If you buy Digvijay Finlease 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 Digvijay Finlease Unlisted Shares Instantly?
The Digvijay Finlease Unlisted Shares are credited in demat account same day of transferring funds in our company's bank account.
The price of Digvijay Finlease 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.
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We at UnlistedZone do the valuation based on 2 methods.
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 Digvijay Finlease 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 Digvijay Finlease 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 Digvijay Finlease 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.