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Nov72021 by wealth18.comNo Comments

Sapphire Foods IPO – Analysis, Details, Review, Opening Date, Issue Price, Allotment Status, Listing

Stocks

Day 1: 0.49 times subscription (Retail subscribed 2.56 times) Sapphire Foods was set up in September 2015, by the acquisition of about 250 KFC and Pizza Hut Stores in India and Sri Lanka, by a group of leading Private Equity firms and is managed by a team of professionals. Issue Details of Sapphire Foods IPO: IPO Opens on 09 Nov 2021 IPO Closes on 11 Nov 2021 Issue Price band Rs 1120 - Rs 1180 Any Discount NA Issue Size Rs 2073 crore Market Capitalisation approx Rs XXX crores Minimum Investment 12 shares lot (min amount 14160) Max Investment (Retail) 14 lots / 168 shares (amount Rs 1,98,240) Registrar Link Intime Book Running Lead Managers JM Financials, BoFA Listing BSE/NSE Download Red Herring Prospectus Sapphire Foods Grey market Premium : As per ...

Nov72021 by wealth18.comNo Comments

PayTM IPO (One97 Comm) IPO – Analysis, Details, Review, Opening Date, Issue Price, Allotment Status, Listing

Stocks

Day 1: 0.48 times subscription (Retail subscribed 1.23 times) The much-awaited IPO of One97 Communications, the holding company that owns and operates the PayTM super app and other allied apps (such as PayTM Money and PayTM for Business), opens on November 8, 2021. One 97 Communications Ltd. (PayTM) is India's largest payments platform based on the number of consumers, number of merchants, number of transactions and revenue as of March 31, 2021. It is the biggest IPO in India (Coal India's IPO in 2010 for Rs 15200 crore is the biggest currently) Issue Details of PayTM IPO (One97 Communication) IPO: IPO Opens on 08 Nov 2021 IPO Closes on 11 Nov 2021 Issue Price band Rs 2080 - Rs 2150 Any Discount NA Issue Size Rs 18916 crore Market Capitalisation approx Rs 1,40,000 cro...

Oct292021 by wealth18.comNo Comments

Diwali Picks for Samvat 2078 – Brokerage Recommendations

Featured, Stocks

Diwali Picks for Samvat 2078 - Brokerage Recommendations HDFC Sec - Diwali 2021 recommendations According to HDFC Securities, most stocks are discounting a bright future over the next two years. Hence, the broking house has to shortlist stocks where it think the street is yet to give full value to the future potential. Having said that, equity as an asset class will continue to do well in a market like India. Sectorally, PSU stocks still have steam left even after the Air India sell-off and some progress on BPCL and SCI divestment. Banks (both PSU and private) could come back in the reckoning. Auto and capital goods can also do well after subdued performance over the past few quarters, it said. Bharti Airtel - Strong market position in the domestic mobile and non-mobile segment, diversifi...

Oct282021 by wealth18.comNo Comments

IRCTC Stock Impact – 50% convenience fee to be shared with Ministry of Railways

Stocks

The ministry of railways has asked its Indian Railways Catering and Tourism Corporation (IRCTC) to share 50% of convenience fee the company earns with effect from November. Till now, IRCTC has kept 100% of the convenience fee it earned from customers for providing various services. The majority of the revenue comes from convenience fee and this should be major blow to the IRCTC earnings. Share price is expected to take a hit in response to this news. Since the listing in October 2019, the stock has given stellar returns to investors. Since the start of 2021, the scrip has surged over 200% and by massive 246% in past one year. Also, IRCTC shares were traded ex-split today. The record date has been set as October 29, Friday for the sub-division of equity shares of ₹10 each into f...

Oct272021 by wealth18.comNo Comments

Fino Payments Bank IPO – Analysis, Details, Review, Opening Date, Issue Price, Allotment Status

Stocks

Fino Payments is a growing fintech company, started in 2017, offering a wide portfolio of digital financial products and services in India. Issue Details of Fino Payments Bank IPO: IPO Opens on 29 Oct 2021 IPO Closes on 02 Nov 2021 Issue Price band Rs 560 - Rs 577 Any Discount NA Issue Size Rs 1200 crore Minimum Investment 12 shares lot (min amount 14425) Max Investment (Retail) 13 lots / 325 shares (amount Rs 187525) Registrar KFinTech Book Running Lead Managers Axis, CLSA, ICICI, Nomura Listing BSE/NSE Download Some of the recently listed IPOs have given 100-300% returns in 2021. Also check the list of upcoming IPOs in 2021. Fino Payments Bank IPO Grey market Premium : As per market observers, Nykaa IPO grey market premium (GMP) was ...

Oct272021 by wealth18.comNo Comments

Nykaa / FSN E-Commerce Ventures IPO – Analysis, Details, Review, Opening Date, Issue Price, Allotment Status

Stocks

28th Oct Update: IPO is oversubscribed 4.8 times on Day 1 PFSN E-Commerce Ventures Ltd, the parent company of online beauty e-commerce platform Nykaa, will launch its initial public offering (IPO) on Thursday, October 28, 2021. Issue Details of FSN E-Commerce Ventures (Nykaa) IPO: IPO Opens on 28 Oct 2021 IPO Closes on 01 Nov 2021 Issue Price band Rs 1085 - Rs 1125 Any Discount NA Issue Size Rs 5375 crore Minimum Investment 12 shares lot (min amount 13500) Max Investment (Retail) 14 lots / 168 shares (amount Rs 189000) Registrar Link Intime Book Running Lead Managers ICICI Securities, JM Financial Listing BSE/NSE Download Red Herring Prospectus Some of the recently listed IPOs have given 100-300% returns in 2021. Also check the list of u...

Oct242021 by wealth18.comNo Comments

This Stock has rallied 600% in just one month

News, Stocks

This Stock has rallied 600% in just one month - Oct 2021. Yes, you read it right. This stock's IPO price was Rs 175 which listed on 1st Oct at Rs 475 (a premium of 171%). The stock was trading at Rs 1200 (22nd Oct 2021) giving return of 600% from IPO price. The stock is Paras Defence and Space Technologies. Paras Defence came with IPO in Sep 2021. Paras Defence and Space Technologies is primarily engaged in designing, developing, manufacturing and testing of a wide range of defence and space engineering products and solutions. It is the sole Indian supplier of critical imaging components such as large size optics and diffractive gratings for space applications in India. It has developed strong R&D capabilities. The company's top and bottom line has been pretty flat over the last 2-3...

Oct242021 by wealth18.comNo Comments

Investment in Electric Vehicle themed Mutual Funds

Featured, Mutual Funds, News, Stocks

Electric vehicles is one of the major trends in the auto sector across the Globe. India wants to achieve 100% electrification by 2030. EV market in India will be $200 billion. EV market will grow at CAGR of 36% till 2026. Few months back, I wrote an article around various stocks in Indian Market that will get benefit from electric vehicles growth. Read Article. Now, there are mutual funds being launched to focus on Electric Vehicles theme. Navi Electric Vehicles and Driving Technology Fund of Fund: This EV fund aim o track the performance of the STOXX Global Electric Vehicles & Driving Technology NET Index. This index comprises companies that are involved in the production of electric vehicles and assisted driving technologies. The index was launched in 2012. Currently, the STOX...

Oct232021 by wealth18.comNo Comments

[Oct 2021] Best & Top Performing International Funds (US Focussed) for 2021 Investment

Mutual Funds

Have you ever wondered how you could invest in Global companies like Facebook, Amazon, Google? You don't have to open foreign bank accounts or foreign brokerage account. You can invest in these companies via the International Funds provided by Indian Mutual Fund Companies. Indian Mutual Fund houses offer "International Funds" through which they either invest directly in US Markets / Stocks or they Invest in their Global Funds that invests in International Markets. Ultimately through these funds, you can take exposure in global well known US companies. In the post below, I am sharing top funds, their performance and portfolio companies. The performance of these funds over past few years has been very good as compared to India focussed funds. Also, the returns have been less volatile. So y...

Oct232021 by wealth18.comNo Comments

[Oct 2021] Best ELSS funds for 2021 – Top Performing Tax Saving Mutual funds for Investment

Mutual Funds

Equity Linked Savings Scheme (ELSS) Mutual Funds are one of the popular 80C tax saving options for savvy investors. ELSS is a diversified equity mutual fund which has a majority of the corpus invested in equities. Overview of ELSS Funds It is a diversified equity mutual fund There is a lock in period of 3 years from the date of investment. You can remain invested even after 3 years and can withdraw anytime after that lockin. You should not be rushing to sell after the lock in period. Returns from ELSS Schemes are tax free. As the investments are in shares, it is subject to market volatility, so you should have longer time frame in mind. There is no limit of investment in ELSS Funds, but you can claim Tax deduction upto Rs 1.50 Lakh under Section 80C of Income Tax Act. Read - ...