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Showing posts with the label ipo this month

Indigo Paints - IPO(Initial Public Offering)

Indigo Paints IPO Details Indigo Paints had filed draft papers for IPO in January 2020. Indigo Paints would raise Rs 1000 crore including the fresh issue of Rs. 300 crore and Rs. 700 crores offer for sale through its IPO.  Indigo Paints will use Rs. 25 crore of this money to pay some of the borrowings. The table below shows details about Indigo Paints IPO History Indigo Paints started in 2000 by manufacturing low-end cement paints and expanded its range to cover most segments of water-based paints like Exterior Emulsions, Interior Emulsions, Distempers, Primers, etc. Today Indigo Paints is among the five fastest-growing paint companies in India.  Company Analysis   The company had chosen three manufacturing facilities strategically close to sources of raw material, the three manufacturing facilities are in Jodhpur (Rajasthan), Kochi (Kerala), and Pudukkottai (Tamil Nadu). Distribution of INR 545 Billion Indian Paint Industry Market by Technology is in such ...
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IRFC(Indian Railway Finance Corporation)-IPO

IRFC (Indian Railway Finance Corporation) IPO Details IRFC IPO will be the first IPO of this year. IRFC intends to raise about ₹4,600 crores through its IPO. The company will raise about ₹3,200 crores through the fresh issue and the government will raise about ₹1,400 crores. After the issue Government will own an 86% stake in the company. Company Analysis IRFC is owned by the Government of India. IRFC is registered as NBFC in RBI which directly works for the Ministry of Railways( MOR ). IRFC raises funds and manages assets for MoR. IRFC helps in financing all the projects of MoR by taking debt or any other way. IRFC buys assets needed to complete projects of MoR and then it leases the as sets to MoR for long period of like 20-30 years. So if IRFC leased some assets to MoR for 30 years, this IRFC may recover the number of assets in 15 years, and in the next 15 years, IRFC generates revenue. IRFC also provides funding to other rail companies like Ra...
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What is an ETF(Exchange Traded Fund)?

What is an ETF(Exchange Traded Fund)? After the popularity of mutual funds in the last two decades here came an interesting investing object ETFs. ETFs make an investment in stocks of a particular index in the same weightage as of index which it follows. In an easy way, ETFs can be said as mutual funds that can be traded like stocks. ETFs can be traded at exchanges and the price depends on the buy and sells of units. Eg. Nifty ETF. How does ETFs work? Firstly the AMC buys the stocks with the same weightage as of index which the ETF will be following. Then these shares are divided into small units so that they can be distributed among the investors. And finally, these shares are then allotted to the investors. In case of more demand, the AMC can issue more shares and in case of low demand, the people can sell their shares back to the AMC. And after the allocation is done the AMC(Asset Management Company) which sponsors the ETF will list  Read More: What is Nifty 50 and Sensex? How i...
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Reliance Industries Ltd. - Company Analysis (Part-6)

Continued... 6) Oil and Gas Exploration & Production Source Reliance Industries Ltd. Annual Report 2019-20 Financials The company saw a drop in revenue of 35.8% from 5005 in FY 2018-19 to 3211 in FY 2019-20. The company saw a drop in EBITDA of 78.5% from 1642 in FY 2018-19 to 353 in FY 2019-20. This drop in revenue and EBITDA were as volumes from domestic upstream fields and US shale was lower because of natural decline and slowdown of in development activity. For the year, domestic production (RIL share) was at 38.8 BCFe, down 34.1% y-o-y and in US Shale, the business was 80.4 BCFe, down 14.9% y-o-y basis. RIL(Reliance Industries Ltd.) History Dhirubhai Ambani, Father of current Chairman Mukesh Ambani, returns to India in 1957 after a stint with A. Besse & Co., Aden, Yemen. He starts a yarn trading business from a small 500 sq. ft. office in Masjid Bunder, Mumbai, but dreams of establishing India’s largest company. In 1977 Reliance Textile Industries went public with its I...
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How to Make a Yearly Budget?

How to Make a Yearly Budget? Making a yearly budget is an important part of keeping our finances healthy. By making a budget we can keep a track record of how much you earn, how much you spend, and how much you save. By making a budget we can plan our spending. Making a budget also helps in making big purchases like a car or a house or any other thing systematically without disturbing our finances much. Making a budget also helps us in achieving our long term goals. It can also help us in limiting our expenses to only necessary things and not doing many extra expenses.  → List your sources of income Make a list of all your sources of income. Sources of income can include your job salary, business income, rent received from the tenant, dividend from stocks, income from tenant farmer, etc. Now when you are done with your list you can add them up and now divide them with 12 so that we can get the estimate of monthly income. → List all your expenses Get all your bills of the past 3-4 m...
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