HSBC InvestDirect (formerly known as IL&FS Investsmart Limited) delisted in 2010 @ Rs. 400
https://www.hsbc.co.in/1/PA_ES_Content_Mgmt/content/website/pdf/business/investdirect_offer.pdf
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Year ending 31/03/2018
Profit Before Tax Standalone Consolidated
Rs. 7 cr 72 lakh Rs. 29 cr 81 Lakh
Profit After
Tax Rs.4 cr 78 L Rs.20 cr 35 Lakh
Dividend : NIL
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21 st AGM on 17/09/18, at 12 Noon at Mumbai
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Very Important : HSBC InvestDirect ( India ) Limited , as per Resolution No. 7 is set to compulsorily kick out loyal remaining Public shareholders ( holding 3,16,914 shares ) at an abysmally low rate of Rs. 116/90
Please read
Games Promoters Play ( on Minority Public Shareholders ).
click
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Promoters Hold 99 : 55 % Equity
i.e.
HSBC Securities And Capital Markets ( India ) Ltd. 54 : 49 %
HSBC Violet Investments ( Mauritius ) Limited 45 : 06 %
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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
( NB : All information given in good faith. Please recheck all facts before taking any investment decision.
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