Right Issue of Rs 400 Crores and objective of the issue
Repayment of Debt: RS 345 Cr
GCP: Rs 55 Cr
Posts in category Value Pickr
Shiva Cement Ltd – Expanding It’s Capacity (30-04-2024)
Ganesh Benzoplast – Cash rich chemical storage/tank king (30-04-2024)
Was doing some research – the company has interesting history:
It was in BIFR, then the promoters bought 8% of shareholding at Rs.6
Many QIPs at various prices for funding capex. not much of funding projects through internal accruals.
promoters shareholding is down to 39%. with such low promoter holding such practices are bound to happen in small cap companies.
Company is in high growth segments and hence the pref. investments from Malabar and Anil K Goel.
But for smaller shareholders, is the risk-return justified.
Indostar Capital Finance Limited (30-04-2024)
Indostar Capital Finance Q4FY24 result Update: Posted Rs. 35.26 crores consolidated PAT in Q4FY24. The NBFC is focused on lending to the used-CV segment in T3/T4 space and the Affordable Housing Space in T2/T4 cities. The business has been running down its legacy SME book and is completely focused on growing the Retail book (CV+ Housing). Asset quality improved drastically with the company continuing to sell the bad loan SME book. GNPA: 4.9% vs 8% YOY in FY24. The overall loan book grew at a tepid pace of 11% YOY in Q4. PAT fell 50% YOY. All this would continue to put pressure on the ROE number. The company has also started monetising its security receipts which it shall use to grow the CV and the HL book. Indostar Capital Finance is still in a rebuilding phase and will take some time to come in good shape. Thnaks Deepak 
IDFC First Bank Limited (30-04-2024)
Dont have the report but came across this article
Cigniti Technologies – Global Leader in Software Testing (30-04-2024)
It’s a clean take over candidate. Time will tell on this.
Radhika Jeweltech – Small base Large aspiration (30-04-2024)
Cash from operating not good, money is being stuck in inventory, with high inventory days.
Trent — A value unlocking story from the house of TATA (30-04-2024)
Not commenting on technical as i still don’t understand them, But apart from revenue growth, results are not so good.
Anyway, have not yet decided whether to sell or not. Long Term story is intact so in two minds basically here.
IDFC First Bank Limited (30-04-2024)
Does anyone have the Jeffries report after they initiated coverage? VV himself lauded the quality of the report, would be great to read
Investing Basics – Feel free to ask the most basic questions (30-04-2024)
@lohiyaakshay08 @Girish_Kolari Thank you for replying. This clarifies it little bit, but still the confusion remains as the short-term leases are around 60% of long-term leases, and 4% of total operating expenses. As far as I know Barbeque-nation business model mostly require long-term leases.
Can you please throw some more light on this?
Adwait’s Investment Approach and Journey (30-04-2024)
Do share your list of investements too for the benefit of all