December 31, 2017

Happy New Year -2018

Regards

from 

rareindianshares.com

Ashwani Kumar Aggarwal

December 30, 2017

2018-Investment Ideas

please click

http://www.moneycontrol.com/news/business/markets/picking-up-multibagger-theme-in-2018-can-be-easy-focus-on-these-four-factors-2471995.html

http://www.moneycontrol.com/news/business/markets/contrarian-investor-will-make-money-in-2018-nifty-likely-to-climb-mount-11k-2471993.html


http://www.moneycontrol.com/news/business/markets/no-madcaps-these-10-stocks-could-turn-out-to-be-multibaggers-in-2-3-years-2471193.html


====================================

Blog Comments

HAPPY NEW YEAR

Rareindianshares prays that 2018 is Very Profitablefor Investors

====================

For Contrarian Bets and Undervalued Gems ( especially small caps from erstwhile Regional Stock Exchanges ( now closed ) please consider Metropolitan Stock  listed shares.

blog / old posts



Unlock Hidden Gems Listed in Metropolitan Stock Exchange

There are many hidden gems , especially , from erstwhile . Regional Stock Exchanges ( now closed ) like Frick India, Dalmia Refractories , John Oakey Mohan , listed Exclusively in Metropolitan Stock Exchange.


But these are hidden as ,  presently , there is no trading in Metropolitan Stock Exchange.


There are such 192 companies which are Exclusively Listed in Metropolitan Stock Exchange. 

Investors of these companies are facing great difficulty as share traders in the Unlisted / Grey market offer around one third price.


The  most important and most urgent issue for Investors is that SEBI ensures that share trading starts taking place in Metropolitan Stock Exchange..


December 28, 2017

Shares / Commodities Common Exchanges wef Oct 2018

please click

http://www.moneycontrol.com/news/business/stocks-commodities-to-trade-on-single-exchange-from-oct-2018-2470897.html


When asked if it would lead to consolidation, he ( SEBI Chief ) said that might or may not happen.

( Market watchers speculate this may mean a PROBABLE ( conjecture only ) merger of Metropolitan Stock Exchange with MCX )

PLEASE DO NOT TAKE ANY INVESTMENT DECISION BASED ON THIS.


=============================================================
also read

http://www.firstpost.com/business/sebi-unveils-reforms-for-stock-exchanges-foreign-investors-to-act-on-leaks-at-companies-4279401.html

Tata Steel Rights Issue in January 2018 ??

February 07, 2018






Tata Steel Rights ( 2 Types ) Opens 14 th to 28 th Feb 2018

Letter of Offer received on 07/02/18

Two Rights Offers ( Separate and Unlinked )  :-


1 ) Fully Paid Equity shares @ Rs.510 , ratio 4 : 25


2 ) Partly Paid ( Rs 154 payable on Application - Rs.461 on First and Final Call- Total Cost Rs.615 / share , Ratio 2 : 25
==================

http://equitybulls.com/rights/Tata%20Steel-RightsIssue-EquityBulls.pdf


-----------------------------------
please click

http://www.livemint.com/Companies/FMtsQCDugYjYFC7drAT8sN/Tata-Steel-appoints-ibanks-for-2-billion-rights-issue-to-b.html


------------------------------------------

new post

February 14, 2018



Tata Steel Rights Would be Oversubscribed

See the history

Tata Steel earlier named The Tata Iron and Steel Co. ( TISCO ) was formed in 1907.


The massive and costly steel plant being put up at , now named , Jamshedpur required shares to be issued to the public for financing.


The Management , initially , opened the public issue in England. The response was not encouraging.


Then they decided to try to sell their shares to Indians.   


Tatas write in their history that the response was overwhelming and unprecedented. Would be investors queued before Tata 's office in Bombay ( Mumbai ). They brought with them tiffin and stools to sit on while waiting in the line.


. All the shares were sold. Industrialists saw the hitherto , untapped potential of Indian investors and the Indian capital waiting for investment.


https://economictimes.indiatimes.com/markets/stocks/news/tata-steels-rs-12800-crore-rights-issue-opens-should-you-
-------------------------------------------------------------------------------------------------------------------------------------------------------------------


February 15, 2018





Tata Steel Rights - FAQ

.

Record date:   Thursday,February 01, 2018
 Issue opening date   :Wednesday,February 14, 2018
Last date for Split request:             
Wednesday,February 21, 2018
Issue closing date:Wednesday,February 28, 2018

Entitlement ratio for Fully Paid Shares – 4:25 ( for every 25 shares held as on record date , the entitlement is 4 Fully Paid Shares) Amount payable per equity share(Fully Paid) on Application: @ Rs. 510/- Per Equity Share. Ratio – 4:25

Entitlement ratio for Partly Paid Shares – 2:25 ( for every 25 shares held as on record date, the entitlement is 2 Partly Paid Shares) Amount payable per equity share(Partly Paid) on Application: @ Rs154/- per share.

“Please note that the balance amount of Rs 461/- on Partly Paid Shares would be called up by our Company as the first and final call, within 12 months from the date of allotment of the Partly Paid Shares, in accordance with applicable law.”

•If your query is regarding non-receipt of application form:
1) You can check for application form dispatch details on our website, https://linkintime.co.in/rightsissue/rightsissues-Knowyourapplication.aspx  by providing your folio no/ CAF NO.
2) To know your rights entitlement, as per ratio, decided by the company, please use the link: https://linkintime.co.in/rightsissue/rightsissues-Knowyourapplication.aspx
3) You can also download the plain paper application form by using below link. Plain paper form cannot be used for renunciation. https://linkintime.co.in/rightsissue/rightsissues-PlainPaper.aspx
4) In case you want to renounce then kindly request for duplicate form by writing to our email id tatasteel.rights2018@linkintime.co.in
5) Shareholders can opt to apply through ASBA.  ASBA application need to be submitted to their respective ASBA bankers only. For the list of participating SCSB banks for ASBA  , please click on  the link, https://linkintime.co.in/rightsissue/rightsissues-Knowyourapplication.aspx .
6) List of collection centers to deposit your application form along with cheque (Non – ASBA) is available on the back side of application form or else you can get the list from the link, https://linkintime.co.in/rightsissue/rightsissues-Knowyourapplication.aspx
7) You can send application form along with cheque / DD to our Mumbai office – Vikhorli address, if collection center is not accessible to you.
•  For split request, please fill up Part D of the application form and send a scanned copy of PART D  through email to our email id, tatasteel.rights2018@linkintime.co.in and also send hard copy of the signed application form, to our (Vikhorli) address. Split request will be dispatched only after receiving the hard copy of the application form.
Link Intime India Pvt. Ltd.,
Unit: Tata Steel Ltd - Rights Issue- 2018
247, Corporate Park, C-101, 1st floor LBS Marg , Vikhroli (west) Mumbai- 400083.

• NRI applications on plain paper format shall among other things, be subject to conditions, as may be imposed from time to time by RBI under, FEMA.
Note: This is a general acknowledgment mail which answers most of your queries regarding this Tata Steel Ltd. -Rights Issue. Any query apart from what is mentioned above will be answered separately.





 

Primary Market- IRC | Link Intime India Pvt. Ltd.   
Phone: +91 22 49186300 Fax: +91 22 49186195
 


=================


Cheques / Drafts ( for Resident Indians ) should be drawn in favour of

For Fully Paid shares

"TATA STEEL FULLY PAID RIGHTS ISSUE ESCROW COLLECTION-R "

For Partly paid



"TATA STEEL PARTLY PAID- RIGHTS ISSUE -ESCROW COLLECTION-R "
================
For NRI



"TATA STEEL FULLY PAID- RIGHTS ISSUE- ESCROW COLLECTION-NR "




"TATA STEEL PARTLY PAID- RIGHTS ISSUE -ESCROW COLLECTION-NR "

--------------------------------------


For Abridged Letter of Offer , please click :-


.

Shares For Investment



please click



http://www.moneycontrol.com/news/business/stocks/18-for-18-top-stock-ideas-for-2018-2469973.html


http://www.moneycontrol.com/news/business/stocks/buy-tech-mahindra-gail-zee-entertainment-voltas-sudarshan-sukhani-2470251.html


https://economictimes.indiatimes.com/markets/stocks/news/these-stocks-could-give-upto-60-returns-in-2018/articleshow/62277204.cms
======================


2018 Would be the Year of Metropolitan Exclusively Listed Shares

blog / old posts



Unlock Hidden Gems Listed in Metropolitan Stock Exchange

There are many hidden gems , especially , from erstwhile . Regional Stock Exchanges ( now closed ) like Frick India, Dalmia Refractories , John Oakey Mohan , listed Exclusively in Metropolitan Stock Exchange.


But these are hidden as ,  presently , there is no trading in Metropolitan Stock Exchange.


There are such 192 companies which are Exclusively Listed in Metropolitan Stock Exchange. 

Investors of these companies are facing great difficulty as share traders in the Unlisted / Grey market offer around one third price.


The  most important and most urgent issue for Investors is that SEBI ensures that share trading starts taking place in Metropolitan Stock Exchange..

Mohan Meakin Q2 ( 2018 ) Results

please click


=================

OLD POST


September 16, 2017

Mohan Meakin- Annual Report 2016-17

please click




AGM on 29/11/17 at 11 am at Solan Brewery ( Himachal Pradesh )


============


CORPORATE HISTORY
We trace our history back to the establishment of a Brewery at Kasauli by Edward Dyer in 1855. He was the India’s brewing pioneer who brought to this sun-drenched land of ours the bliss of a real thirst quencher – the modern beer, to refresh and pep up a people hanging over in sweltering clime that is so peculiar to this part of the World. He realized for the first time that there were a few spots on earth where a really good drink was more welcome.
But, in his flush of enthusiasm he had set before himself such a big task of quenching the thirst of a nation as obviously could not be expected to reach fulfillment by his one, howsoever efficiently working brewery at Kasauli. Consequently, with ardourous zeal he scaled the whole width of this subcontinent and established breweries and distilleries at Simla, Solan, Lucknow and Mandalay (Burma).
During the same century, another enterprising man, named H.G. Meakin, coming from a well known brewing family of Burton-on-Trent where he was trained, came forward with enviable enthusiasm and founded Meakin & Co. Ltd. He bought the old Simla and Kasauli Breweries and built others at Dalhousie, Ranikhet, Chakrarta, Darjeeling and Kirkee.
Both these firms E. Dyer & Co., and Meakin & Co. Ltd., continued doing business separately up till after the second decade of the 20th century. During the first World War (1914-18), when it was a big job to import beer, the two firms quenched the hugely increased thirst of India with superb beer at a rock-bottom price. Vast quantities of Malted Barley were sent to Egypt, to help keep soldiers’ beer at a reasonable price.
Following these successes, the two firms joined hands and started a new joint stock venture under the style of Dyer Meakin & Co.Ltd. Brewing was suspended at the Kasauli Brewery and a latest brewing and bottling plant was installed at conveniently placed Solan. Extensive malting at Kasauli were, however, continued in operation. There are few places on earth where the water is ideally suited to brewing. Solan is one. Those who fancy the hill-climb would like to see our famous springs high up on Karol Mountain, far from everything, a lovely lookout, with the source of crystal clear spring water that drew our pioneer to Solan.
With the times, as modern scientific progress made it possible to augment production several times with the latest machinery, the unproductive centres were closed down one by one retaining distilleries at Kasauli and Lucknow and brewery at Solan (Simla Hills) ; all the three centres enormously expanded to meet any expected demand.
During the World War II, Solan Beer played its valuable part by keeping the soldiers of the allied nations in perfect pep and cheer. After the War, all manufacturing plants at Solan, Kasauli and Lucknow were replaced by the new latest automatic ones.
With these improvements in production plans we invite our patrons to compare our products with the best of their imported counterparts and choose the better – Dyer Meakin’s. You see these are now nation’s own.
In 1935 when Burma was dismembered from India the name of the Company with Indian assets and liabilities was changed to Dyer Meakin Breweries Ltd., from Dyer Meakin & Co. Ltd., and the assets and liabilities of Burma Brewery in Burma were separated. Thereafter the Company’s name was changed from Dyer Meakin Breweries Ltd., to Mohan Meakin Breweries Ltd., w.e.f. 1.11.1966 and from 24.4.1980 the name was further changed to Mohan Meakin Ltd., and as such the Company is now known as Mohan Meakin Limited.
Year 1949 saw a dynamic transformation in the fortunes of the Company, with late Padamshree N.N. Mohan at the helm of affairs. With his far-sightedness he set up big industrial hub near Ghaziabad (U.P.) known as Mohan Nagar by establishing there various manufacturing Units namely Brewery, Distillery, Malt Houses, Glass, Ice, Break-fast Food, Fruit Products and Juices, Malt Extract factories, Cold Storage and Mohan Engineering Works etc. and there has been no looking back since then.
The Company’s remarkable performance is not limited to liquor, its business interests are manifold. Turning foresight into reality is the Fruit juices, Breakfast Foods, Mineral Water and Glass Factory – a strategic diversification to further re-inforce its business interests.
His eminent successors have borne the mantle with elegance. Instilling upon the Company the strength of purpose, corporate values and a sense of direction, they have reached new heights. Aptly mirrored in Mohan Meakin’s swift march towards progress and its phenomenal growth.
The Challenges of the present are ably met by Padamshree Brig. (Dr.) Kapil Mohan, VSM (Retd.) Ph. D., under his stewardship, the group rechristened as Mohan Meakin Limited, undertook major diversification with 3 distilleries in India and 2 breweries and a host of franchises. A multi-faceted business house with a turnover exceeding INR 400 crores, Mohan Meakin stands for growth, innovation and care.

source


---------------

please , also , click


-------------


It appears some shares of Mohan Meakinare available with Dealers of Unlisted / Delisted Shares  (Please Recheck this ).

------------

Mohan Meakin shares ( which are Rs. 5 paid up ) are , presently , listed at Calcutta Stock Exchange which Exchange is Non Operational


Calcutta Stock Exchange-List of Companies


-----------------

Is Calcutta Stock Exchange officially closed or not ?

---------------

SEBI Should Declare Calcutta Stock Exchange as CLOSED , to help Investors.
.Shares which are Exclusively Listed Companies ( ELC s ) in Closed Regional Stock Exchanges have to either Relist ( in BSE/NSE ) or Delist ( by making an Buy Back Offer to Non Public Shareholders ).

==============

General Warning : Investment in Shares Can be Injurious to Your WEALTH

Disclosure : The Blog writer in his / family names has  holdings in this Company So please make suitable " provisions " for any likely Over Optimism


NB :All information given in good faith. Please recheck every point before taking any investment decision. No responsibility with this Blog or Blog Writer

December 27, 2017

Winner Shares of Last 5 Years

please click



========================

blog comments


2018 Would be the Year of Metropolitan Exclusively Listed Shares



Unlock Hidden Gems Listed in Metropolitan Stock Exchange

There are many hidden gems , especially , from erstwhile . Regional Stock Exchanges ( now closed ) like Frick India, Dalmia Refractories , John Oakey Mohan , listed Exclusively in Metropolitan Stock Exchange.


But these are hidden as ,  presently , there is no trading in Metropolitan Stock Exchange.


There are such 192 companies which are Exclusively Listed in Metropolitan Stock Exchange. 

Investors of these companies are facing great difficulty as share traders in the Unlisted / Grey market offer around one third price.


The  most important and most urgent issue for Investors is that SEBI ensures that share trading starts taking place in Metropolitan Stock Exchange..

MAKE Metropolitan Stock Exchange WORK.

December 26, 2017

Merry Christmas to All

Greetings From RareIndianShares

Memorable Moment of Great Pride

Dewan Brij Kumar IFS ( Maternal Uncle - Mamaji of the blog writer) and Mrs. Pushpa ( Maternal Aunt -Mamiji)  with the Pope. Dewan Brij Kumar was India's Ambassador to the Vatican.
( Dewan Sahib went on  to become   Deputy Consul General, New York then India's First  Consul General in Chicago and later India's High Commissioner to Maldives )

Binani Cement-Aditya Birla, Shree Cement , Others in Race

please click



Binani Cement delisted in 2011 at the Exit price of Rs 90 /-

===============

OLD POSTS

December 06, 2017

Binani Cement---Dalmia Bharat + Piramals Interested

please click

http://www.rareindianshares.info/search?q=binani+piramal

====================


old post


November 03, 2017


Piramals Interested in Binani Cement

please click

http://www.business-standard.com/article/companies/piramal-group-in-race-to-buy-stakes-in-binani-cement-electrosteel-steels-117110300057_1.html


===========================

old posts

August 07, 2017


Binani Cement-Insolvency Proceedings Start

Top cement players eyeing Binani Cement assets post insolvency nod by NCLT 
Read more at:

===========================

old post

June 11, 2017


Binani Cement to Issue Shares @ Rs.185/53p in Loan Restructuring


It has massive debt.

The Banks  sold off their Loans to Binani Cement to ARC ( Asset Reconstruction Companies ).

Binani Cement , now , has finalised debt restructuring.

As part of the bigger deal ,Binani Cement  would issue around 2 crore 18 lakh ( 2,18,50,536 ) shares of Rs.10 each  to Asset Reconstruction Companies led by Edelweiss ARC @ Rs.185/53 p each.

Post issue the percentage of Promoters' holding will fall to 88: 21 % from current 98:43 %.

( It means when 10:22 % stake is being valued at around Rs.406 cr, the enterprise value of Binani Cement ( Unlisted is around Rs.4000 cr )- Please Recheck this point.    

===========

OLD POST s

January 14, 2016


Binani Cement's Massive Debt - Banks to Sell Loans to ARC


It appears , now , nearly all the Equity is with the holding company of Braj Binani , Binani Industries ( Listed ).



It seems Binani Cement , because of its massive debt ( reportedly Rs. 3500 crore ) is in deep trouble.

Annual Report ( 2014 -15 ) of holding Company Binani Industries states :-

BCL suffered major setback in its performance due to poor demand
 scenario that prevailed in the Cement Industry owing to reduced
 activities in Infrastructure and Real Estate sectors. The situation was
 further aggravated due to certain coercive actions initiated in the
 last quarter of FY''14, by the Rajasthan VAT Authorities (RVAT), in
 connection with all past dues which were earlier in dispute. This lead
 to intermittent stoppage of production and dispatches of cement
 Furthermore, liquidity constraints have also affected the smooth
 operations of BCL. BCL has paid Rs. 278 crore to the RVAT authorities
 during February 2014 to September 2015. BCL has been sanctioned a
 restructuring package by the lenders in the Joint Lenders Forum for
 funding the sales tax liability. Lenders'' have disbursed only part of
 the sanctioned amount. Immediate disbursement of the entire sanctioned
 loans will facilitate settling of issues with the RVAT authorities and
 normalization of operations

http://www.moneycontrol.com/annual-report/binaniindustries/directors-report/BI10#BI10

----------------------------------------

Earlier , attempts were made to restructure debt ( by converting in to Equity ) or finding a new Promoter ( MNC ). But no progress.


"People close to the development said Binani Cement was also approached by a multinational for an acquisition------. 

Now , the Banks have sold off their Loans to Binani Cement to ARC ( Asset Reconstruction Companies )


"
After failed restructuring efforts, banks are in the process to sell off loans of Binani Cement to asset restructuring companies (ARCs), sources say. The company has debt to the tune of Rs 3,500 crore. 

Read more at:.


==============

Binani Cement Official Site :-

===============

================

General Warning : Investment in shares can be injurious to your WEALTH.

Caution :The blog writer has personal/ family members' holdings in this company ,so please make suitable "provisions " for likely over optimism

( PS : All information given in good faith. Please recheck all facts etc. No responsibility with this author / blog. )

-----------

new postJune 12, 2017

Binani Cement Worth Rs.4000 cr- Binani Industries Only Rs.235 crore




Binani Inds holds nearly all the share capital of delisted Binani Cement. Binani Cement has been valued atRs.4000 cr.

 Whereas Market Cap of Binani Industries is only Rs.235 crore 

-----------


please , also , click




-----------------------------------------------------------------------------------------------------

....

Important : Please do not take Any Investment Decision based on the above stated analysis. Please only do a further Self Study
-------------------


General Warning : Investment in Shares Can be Injurious to Your WEALTH

Disclosure : The Blog writer in his / family names has holdings in this Binani Cemenr Limited. So please make suitable " provisions " for any likely Over Optimism

NB :All information given in good faith. Please recheck every point before taking an investment decision.No responsibility with this blog / blog writer.