Any idea if there is an agent / legal advisor who can help me with the paperwork?
I have already cleared the exam but the paperwork seems time-consuming.
Posts in category Value Pickr
How to register with SEBI as a Research Analyst? (10-10-2024)
How to register with SEBI as a Research Analyst? (10-10-2024)
Hi,
Do you still have the templates? Please share with me also on my email address –
priyaanshuagrawal@gmail.com
Thanks a ton in advance.
NPST – Technology Provider for UPI Tech (10-10-2024)
There seems to be no correlation between Cosmos Bank volumes and quarterly revenues.
Troll’s Portfolio (10-10-2024)
The Q2 earnings are just around the corner. Wanted to to do a quick update on portfolio.
| Instrument | Percent (LTP basis) |
|---|---|
| ALLETEC-SM | 14.07% |
| KRISHCA-SM | 7.59% |
| RADHIKAJWE-T | 7.22% |
| IWEL-T | 7.17% |
| ZAGGLE-T | 6.38% |
| SAMHI | 5.60% |
| EMERALD-XT | 4.37% |
| MONEYBOXX | 3.88% |
| SWSOLAR | 3.83% |
| RBZJEWEL-T | 3.78% |
| RATEGAIN | 3.64% |
| JASH | 3.10% |
| ZOMATO | 2.95% |
| IEX | 2.54% |
| INDOTECH | 1.95% |
| EXICOM | 1.72% |
| PICCADIL6-T | 1.19% |
| VERITAS6-T | 0.95% |
| AXIS ELSS | 7.74% |
| PARAG PARIKH ELSS | 4.28% |
| QUANT ELSS | 6.06% |
Exits –
- Zodiac & Phantom – Got out of these as discussed last time. Luckily got out of phantom at 382 after which it has broken the support at ~375 as well. May be it will do good but i don’t have any confidence beyond one year with advancement and adoption of GEN-AI in videos etc.
- IPL – it is bottom of cycle, has some significant upside technically but i thought i can invest the same capital somewhere longer term and non-cyclical so got out of it. It reduces me bandwidth of tracking one more company just for some xx% upside.
Holds/Additions –
- IEX – Market coupling news gives jitters to this, but I think in long term IEX has got better platform, new verticals (Carbon, gas, Coal Exchanges) which will help in mitigating reduced volumes if any due to it. Fundamentally i feel, coupling is needed between countries which can’t afford to have one exchange but in one country not much to gain in terms of price discovery after coupling as well. With time IEX has become smaller %age of portfolio so not to worry
- Recent drop because of exit polls, middle-east war etc. gave good opportunity to deploy the cash 13-14% cash – Added some all e tech, iwel, samhi, rategain
- Positives – Acquisitions by Zaggle, Samhi, Zomato. Orderbook of Jash, Krishca, Inox. Customer acquistions by Rategain and Zaggle. Trading volumes on IEX.
- Picadilly – Not able to gain Confidence to either sell or hold so no change here.
New Entries –
- After reading about the bottoming of interest cycle wanted to get exposure to some financials, so looking at small cap space have narrowed down to Moneyboxx and Emerald. A lot has been written about moneyboxx so nothing to add and emerald is very small business with EWA being the major business line promising no NPAs. Results came yesterday and the trajectory is looking good.
- SWsolar – Order book is promising with a good management but some issues with promoters. I have not deep dived on this one. This is a FOMO buy, since SP group needs money and there selling drove the price down without any change in underlying business. But i am not fully confident so have to revisit this one.
- Tracking positions – exicom, indotech and veritas. Will post a rationale if i convert them to long term holding
- Reading – VOEPL, Advait, RBMinfra, Ceigall, Efcil
Cash – ~2-3%
Green Hydrogen as a Fuel – Indian Companies leading the Green Revolution (10-10-2024)
Are State-Owned Companies Set to Dominate India’s Green Energy IPOs?
How Renewable Energy Firms are Preparing for $8 Billion in IPOs
The renewable energy sector in India is on the verge of a massive growth, with some of the biggest players planning to raise up to $8 billion via Initial Public Offerings (IPOs) in the coming years. As sustainability becomes a global priority and Government’s ambitious target of having installed Renewable Energy capacity of 500GW by 2030, India’s renewable energy companies are capitalizing on this trend to fund their expansion, providing a potentially lucrative opportunity for investors.
Major Companies Set to Hit the Market
- NTPC Green Energy : One of the most anticipated IPOs is from NTPC Green Energy, the renewable arm of India’s largest power producer, NTPC. It is expected to launch its IPO next month, aiming to raise a staggering ₹10,000 crore ($1.2 billion). This IPO will likely attract significant attention from institutional and retail investors alike, given NTPC’s dominance in the energy sector and its aggressive shift towards green power.
- NLC India : NLC India Ltd, another public sector entity, is planning to list its renewable energy arm by the end of FY26, aiming to boost its role in the country’s transition to clean energy. With significant solar and wind power assets, NLC’s move will mark its increased focus on renewable projects in line with the government’s sustainability goals.
- SJVN Green Energy : State-owned SJVN is also eyeing the public market, with plans to list its renewable energy division next year. The company is ramping up its solar and wind energy capacity, aiming to contribute meaningfully to India’s energy targets for 2030.
- SECI (Solar Energy Corporation of India) : SECI, another key player in the renewable space, is reportedly considering launching an IPO in the next year or two. As one of the primary agencies overseeing the country’s solar energy expansion, SECI’s public debut is highly anticipated.
The Momentum Behind These IPOs
Several factors are driving this IPO wave in the renewable energy sector. First, India’s commitment to achieving 500 GW of non-fossil fuel capacity by 2030 is pushing companies to expand aggressively. Renewable energy firms need large amounts of capital to build and maintain their infrastructure—particularly in solar, wind, and hydrogen energy projects.
Since FY23, renewable energy companies in India have already raised ₹3,570 crore ($430 million) through IPOs. With the energy transition gathering speed globally, these public offerings are not just about raising funds; they represent a larger push towards sustainable growth.
Why Should Investors Care?
This rush of renewable energy IPOs presents an exciting opportunity for investors to get involved in a sector that is not only rapidly growing but also essential for global sustainability. The increasing emphasis on Environmental, Social, and Governance (ESG) investing adds further appeal to these IPOs.
In addition to large companies like NTPC and SECI, smaller firms like Onix Renewables Limited, Navitas Green involved in renewable energy equipment manufacturing and engineering, procurement, and construction (EPC) are also likely to go public soon. Investors can expect strong long-term growth potential, driven by favorable government policies, international climate agreements, and a global shift towards green energy.
What are the views of the Experts?
According to industry experts, these IPOs could offer substantial returns in the medium to long term. “Renewable energy companies have tremendous growth potential, especially with the government’s ambitious targets,” said Pranav Haldea, Managing Director of Prime Database. He also highlighted that the public issue market for renewable firms is maturing, with several companies ready to take advantage of investor interest.
Investment firms like Morgan Stanley are also eyeing this space, indicating high expectations from global markets. “We are likely to see an uptick in green business monetisation”, Morgan Stanley said in a recent report.
Prateek Jhawar, managing director and head of infrastructure and real assets at Avendus Capital, said they expect renewable companies to come out with successful IPO’s, get good valuations and deliver good returns.
Conclusion
As India races to meet its renewable energy targets, the public issue market is becoming a hotspot for renewable energy firms looking to raise funds. With IPOs from giants like NTPC Green Energy and rising players like SECI and NLC India on the horizon, investors have an exciting opportunity to be part of the country’s green energy revolution.
For anyone interested in clean energy and sustainable investing, these upcoming IPOs offer the potential for both financial returns and environmental impact. Keep an eye out for NTPC’s IPO next month—it could be the first of many success stories in India’s renewable energy boom.
Share your views and thoughts.
Srestha Finvest Ltd: A Strategic Shift Towards Green Finance and Sustainable financing (10-10-2024)
Board Meeting Outcome (Oct 09, 2024): Srestha Finvest Ltd. made corrections to a previous mistake and approved several business matters:
- Fundraising: The company will raise up to Rs. 100 crores through Qualified Institutional Placement (QIP) of equity shares.
- Convertible Warrants: Issuance of 93 crore Convertible Warrants at Rs. 1.05 each on a preferential basis.
- Borrowing Limits: Approved an increase in borrowing limits up to Rs. 500 crores.
- Extraordinary General Meeting: Scheduled for November 8, 2024, to discuss these approvals.
Shree Ganesh Remedies Limited (SGRL) – A pioneer in API intermediaries and Speciality chemicals? (10-10-2024)
The only concern i have is on the KMP salaries (for Kundan & Parth) & Related Party Transitions. (as the DRHP says promoter has other companies in the same business – need a deeper dive)
Positives –
- Strong growth numbers from sales and profitability perspective.
- High Capex in progress
- Promoter shareholding ~70%
- Management succession in place (Kundan & Parth)
- Increased revenue contribution from Fine & Specialty Chemicals
- R&D expenses – ~5%
Negatives –
- Low cash generation 70% when compared with PAT – last 9 years
- Capex expenses are not met. Negative FCF & increase in debt (last 2 years)
- Promoter salary increasing disproportinaletluy ( for Kundan & Parth)
- Need to do deeper dive in Related party transactions
- Regular Equity dilution
Started a tracking position.
Jupiter Wagons Ltd (previously CEBBCO) (10-10-2024)
Sorry , this is related to another company
Lancer Containers (10-10-2024)
No idea about the right … generally rights come less than 10-20% on current market price!!! Might be that reason, they are lowering the CMP !!!