@varundarji Thanks for doing this. Couple of questions from me

1. Name of the top 5 customers and % of revenues from them.
2. When will the new plant (30,000 spindles) be operational? and What will be its expected contribution to the revenue/profit?

I will be attending Ambika Cotton Mills AGM in Coimbatore tom.

Please feel free to post your questions here which I could take up with the mgmt.

Record date for being eligible for IDFC Bank shares is Oct 5. Further,
the day on which IDFC shares will trade ex-demerger (i.e. ex-bank) is
Oct 1. The ‘ex date’ is the working day before the record date but
since Oct 2, 3 and 4 are holidays, Oct 1 is the ex-bank date for IDFC
shares.

b) To facilitate price discovery for IDFC shares ex-bank a one
hour window (pre-open) from 9 to 10 am will be provided on Oct 1 on
NSE and BSE. During this hour, the trades will not be live but will be
there only to facilitate price discovery. Post 10 am the trades on
IDFC ex-bank shares will go live on both exchanges.

c) IDFC Bank shares will be allotted to IDFC shareholders on Oct 9.

d) IDFC Bank shares are likely to be listed and traded by Nov 6.
Hence, for the period Oct 9 to Nov 5, IDFC Bank shares will be
unlisted.

Since the company is in ultra micro-cap segment much information is not available in public. AGM was held yesterday but due to other priorities wan’t possible to attend it. Tone of the management as per the AR looks positive.
Management has also started giving dividend since last 3 years or so and has been increasing the dividend %.
If we look at the page 5 of the latest AR, in the “state of company’s affair”section- 3rd para management says that their core business is coastal surveillance and transportation of man and materials through waterways and this IMHO is more immune to oil price fluctuations. Also the management in the last three years has been purchasing new vessels and the same has been mentioned in the latest AR that they are looking to buy more new vessels. SInce it is a services business I feel the margins might be sustainable, will have to watch out for that.
Opportunity size is definitely huge as India progresses to protect it Offshore assets from piracy, etc