April 29, 2021

Sandip Ginodia's Latest Update on Unlisted Shares

Blog Disclaimer ; Message as Received . Please Recheck All Details


Abhishek Securities
 

Price Tracker - Top 20 Unlisted/Pre IPO shares


Deep Dive- KurlOn Enterprises (Mattress Giant)

 

 
Despite all the odds and unprecedented challenges we are facing currently, India will still rise like a Phoenix from the ashes and shine like the sun. Tough time don’t last, tough people do and Indians have always been a bunch of very tough people, with an ability to sail through, irrespective of its leadership, political or administrative challenges.
This time shall also pass eventually with some damage though but still bet big on India and its vast opportunities - to create for others and unfold for self!
 
On that note, we are covering KurlOn Enterprises in todays edition:
 
KurlOn Enterprises (Mattress & Sleep Space)
 
Introduction to the Group:
 
Kurlon Limited (KL) is part of the 2,000 crore Manipal Group of Companies founded by the Pais of Manipal which is a major financial and industrial group in India. KL was conceived when Mr. Pai when he was in Germany in 1962. The company was incorporated in February 1962 as Karnataka Consumer Products Limited by Mr. T Ramesh U Pai. Then name of the company was changed to Kurlon Ltd. in 1995. The company has evolved and now manufactures mattresses in 126 different configurations Pan-India, they have partnered with a network comprising more than 7000 plus dealers, 72 branches and stock points and 9 strategically located manufacturing facilities across Karnataka, Orissa, Madhya Pradesh, Uttaranchal, and Gujarat.
The company is involved in manufacturing rubberised coir, foam and spring mattresses, foam products and home furnishings through its subsidiary. The Group has a strong distribution network with 7,000-plus dealers across the country and 852 exclusive retail stores.
 
Kurlon Enterprise Limited (KEL) was publicly incorporated on 03 October 2011 as a 99.99% subsidiary of Kurlon limited (KL). In March 2014, KL entered into a business- transfer agreement with KEL, effective from April 01, 2014, to transfer the business division of mattress, foam, furniture and other products (including assets, liabilities, contracts and licenses) of the former, as a going concern, on a slump-sale basis to KEL. As consideration for the net assets taken over, KEL issued shares to KL. Under the agreement, all land and buildings (except the Gujarat plant) were retained by KL and all plant and machinery (except the Gwalior plant) were transferred to KEL. The core operations of the mattress, foam and furniture business are now carried out by KEL and all the products manufactured by KL (through the Gwalior plant) are sold to KEL on a cost-plus model.
 
Industry Overview:
 
The mattress industry is expected to be around $90-100 Bn, more than 65 % industry is un-orgazinsed. While there is strong movement towards organized markets, government initiative such as GST & Stable government would drive this acceleration further. The sector is growing at the rate of 7-8% Rise in income levels and health consciousness and growth in the real estate and hospitality sectors are major factors that accelerated the growth of the Indian mattress market.
  • A visible shift has been observed in the consumers’ perspective, where the main focus is on the comfort and functionality of the product.
  • It is expected to witness several new trends emerging in the mattress industry. The demand for customized and luxury mattresses is expected to increase, whereas companies may come up with new techniques to utilize their resources and technologies better
  • The growth in the mattress market is largely led by factors, such as increased income levels and infrastructural developments, in terms of increased number of residential units and hotels in the country.
  • Demand for construction, in both residential and institutional is growing in India, with the rising awareness regarding mattress types and brands
 
Financial Summary:
 

 

Key Risks:
 
  • Highly competitive industry- The company faces intense competition as the mattress industry is still dominated by unorganised players that manufacture coir, cotton, foam and low-priced cotton mattresses. The company also faces competition from other leading organised players such as Sheela Foam, Duroflex and Peps. The intense competition reduces pricing flexibility.
  • Geographic concentration- Stakes continue to remain concentrated in the southern market, accounting for about 44% of the total sales in FY2019. Nonetheless, the company is diversifying into other regions by increase in output from existing facilities in Gujarat and Uttarakhand and has plans to set up a new facility in Assam.
  • Vulnerability to raw material price movements- Kurlon’s profit margins are exposed to fluctuations in input prices, which are mostly linked to crude oil prices. Prices of major raw materials saw steep increases in FY2017 and in the current year, prices for many of the input materials are expected to increase. While the company has been able to maintain its profit margins in the past by increasing prices, it remains vulnerable to steep changes in input costs.
 
  
Stock Price Update
 
Please find current price range of top 20 unlisted stocks. For any queries you can reach out us to over Whatsapp.
 
 
 
 
Name of Stock Tentative Price Range
A V THOMAS & CO 8000 - 9900
ARICENT TECHNOLOGIES 250 - 275
B9 BEVERAGES (BIRA BEER) 800 - 840
800 - 875
70 - 76
195 - 210
FIVE STAR BUSINESS FINANCE 4050 - 4750
4050 - 4350
HDB FINANCIAL SERVICES 860 - 905
9000 - 9300
1020 - 1075
INDIA CARBON 810 - 995
760 - 805
LAVA INTERNATIONAL LIMITED 355 - 395
MERINO INDUSTRIES 2400 - 2600
905 - 965
Maharashtra Knowledge Corporation (MKCL) 275 - 325
1600 - 2000
11550 - 12850
1250 - 1550
RELIANCE RETAIL  1475 - 1525
SIGNIFY 530 - 570
STUDDS ACCESSORIES LTD   1425 - 1495
TAMILNAD MERCANTILE BANK 460 - 495
 
  
 
  
 
 
Further, if you want to discuss regarding any of the 75+ Unlisted/Pre-IPO/Startup/Rare Equity Shares we deal in, feel free to get in touch regarding the same.
The complete list is available here : www.abhisheksecurities.com/unlisted.htm
 
Connect over Whatsapp!

Looking forward to hearing from you. 

Regards,
Sandip Ginodia

Abhishek Securities©
Altius Investech P Ltd.
W: www.abhisheksecurities.com
M: +91 9830271248
E: sandip@abhisheksecurities.com
 
 

We got featured in media!

 

 
CSK Price Doubles
 

Up 400% in two years, one of Damani's favourite unlisted bets spinning money
 
Click Here

 
Unlisted Markets in Covid Times
 
Suddenly, super-buzzy grey market is feeling like a penny waiting for change
 
Click Here
 

 ---------------=======

 

April 29, 2021

Sandip Ginodia's Startup Shares On Offer

  Please click ;-

https://drive.google.com/file/d/1FgowXSgRR-TCEEQbDS8dYIo30MjcJqdF/view?usp=sharing

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

Blog Caution  

 
Two Way Quotes ( i.e simultaneous Buying / Selling Rates ) given by Dealers  may be Incorrect.



Investors, please, Recheck from Independent
Please , also , read

http://www.rareindianshares.info/2017/09/dealers-two-way-quotes-can-be.html


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

Dealers of Rare Indian Shares 

Sambhav Aggarwal


Arms Securities


Tel      : +919899131155
MANISH 

9958006642


3A CAPITAL SERVICES


Contact: 022-67809990
Toll Free: 1800 209 2929
Visit: www.3aindia.com for online Sale/Purchase


Narottam 


0810 823 4400 , email buysellunlistedshares@gmail.com
ANIL GOEL

 09896444123
 NILESH KOTAK
08866004076 - Whatsapp also 

InvestorZone  ,232/12, New Kot Gaon, Ghaziabad, ,Dinesh Gupta, Partner
(m)08010009625,email: sales@unlistedzone.com  Website https://unlistedzone.com/


DHARAWAT 

08108303330 or  dharawat1@gmail.com


SANDIP GINODIA
9830271248
OPPOSITE HIND CINEMA, NEAR AXIS BANK
73a, GANESH CH AVENUE, 2ND FLOOR, KOLKATA-700013


Vipul Gandhi
Gandhi Associates

 25, New Jagnath, Saptabhumi Apt., (GF) 

Rajkot-360001

 Phone : + 91 - 281 324 6757 / 329 6757
(m)  093755- 77007
Email  : unquotedshares@yahoo.com 

Web : www.unquotedshares.co.in 

.
Dilip Surana
Strides Financial Services
"Arihant Plaza"
84-85,Wall Tax Road, Ist floor
Park Town, Above SBI
CHENNAI 600003
Phone No 044-25350312, 25350313
Fax No  044-42371148
Mobile 9840278351      95000 95121
dilipmsurana@gmail.com


IP Gupta M.Sc,MBA,( Faridabad ) ,also consultants for problematic transfer cases

Mobile - 9971104447, 9899220695, 8010266990

 
 Prastaav.com - An online platform for Buying / Selling Unlisted Shares

 

Harshil Shah, Vashi, Navi Mumbai 

Website: www.unlisteddeal.com

Email: harshil@unlisteddeal.com , ( M ) 91377 18552

Abhishek Chaturvedi ,9873789812
Telegram:- https://t.me/joinchat/AAAAAD_0JoP7vbNt6wabew
Deepa Bhatia

9820900224 / deepa.bhatia14@gmail.com
 
.

Bhushan Fhuse ,Navi Mumbai 

.Opulent Ideas. www.opulentideas.in.
+91 9987987483. +91 7021855635
 
 
  Sandeep Jain , Surat ,Finkinetics Venture ,
 
website www.finkinetics.com  ( m ) 9426277149 ,Whatts app  9426277149



GENNEXT INVESTRADE, MUMBAI-53. 

 9820032949 / 022-26390870
 
Website:   unlistedshares.in
Sanjeev Rekhan, Mr. Prahlad Capital, 2658, Naya Bazar, Delhi-6 (not) 8209158835, 6350161584 

GROWFAST SECURITIES and CREDIT LTD, Delhi

Tel : 011 - 47085000- 05

Tel :- +919811119970, +919821644180
Email :- info@growfastsec.com

Giridhar Gupta Somisetty
Rajampet -516-115
Distt. Kadapa ( A.P. )

Whatsapp No. 94902-66255,98498-46961
                   email : gg200200@gmail.com

Satish Mishra,
Share Connection ,Delhi
098685453680
 
 
Grow Money ,Shefali Doshi: 9029020651
Telegram link:https://t.me/GrowMoneyunlistedshares
 

Digvijay Tannu, Pune

 9767831760

 Vikas Aggarwal 


 09314111189

Sagar Shah

 M:+9029470496/7666882458

TANYA
9871162597


 Shreeji Investments , Ahmedabad


Bhavin Leua
(M / Whatsapp )9033476634 (contact preferably on whatsapp)

Meera Associates, Pune. 

 Whatsaap @ 8888 415 222., Mobile: 089833 88881/08888 415222. website  :  www.meeraassociates.co.in


Babli Investments , Mumbai ,Tel-+91-22-49710023 / 8080591922


email : info@babliinvestment.com
Tenrose Capital Services Ltd, Cochin Tel - 0484- 2401685 ; 2401684 ( m ) 09388603877
    email : tenrosekochi@gmail.com

Oswal trading co. Pvt Ltd, Indore
 info@oswaltrading.com  ,9669999444
0731-4025544, 0731-4025544

Pradeep Jain
Noida ( ALSO PHYSICAL SHARES OF LISTED COMPANIES )
098996-58800
098103-28467


Integrated Fincap Pvt. Limited
 HO
1111 , Indraprakash ,
21 ,Barakhamba Road ,
 New Delhi-110001

Toll Free : 1800-111-110

Ph. :011-23351793 , 23357089
( m ) 098110 - 65464
  
Wizard Global Corporation- ( Also ,Problematic Shares Consultants )

 8010664664, email : sharesbond@gmail.com

www.physicalshares.com .
 Sanket K Vaghela, Himatnagar   (Gujarat)

( m ) 097374-28953

email : Sanket_vaghela123@yahoo.in

Sujak INVESTMENT 
Ahmedabad-380013 
Email id -  sujakinvestment@gmail.com 
Cell 08905537733


 KRUNAL B SHAH
CHAITYA FINANCIAL SERVICES

 AHMEDABAD-9
M - 9825796997 www.physicalshares.in

Kirit N Vaghela,
Himatnagar (North Gujarat) 
 M / Whats App No. 99240 61501

VisionFINANCIAL Services ,
S 183, GK II,
New Delhi 110048

( m ) 099990-07345 - Keshav Goyal

email :

 visionshares@gmail.com

Eye Global Associates, Pune ( m )  73507-36110 , 93710-01592
email  support@eyeglobalassociates.com
Website www.eyeglobalassociates.com

Kiran Shah (Shree Investment), Hadapsar, Pune.

 WhatsApp number 7057628284.


Prabodh Gupta , Delhi-also , Legal Adviser 

prabodhgpt@gmail.com 011-49041709 ,98101-35531 ,7015089424
.
Oassis Stock Broking , 7,ganesh chand avenue, 5th floor, Kolkata - 13.
033 40037811/12, 7044504052 / 9830057896.

CA Pawan Garg , KD-180, Pitampura , Delhi 85 email fcapawangarg@gmail.com
M 9811318500 , 011 45562649

Jigar Dalwadi, Ahmedabad. (M) 9925389456



Harish Mittal 09867303077 vickey104@gmail.com

 Pankil Shah   veerajbroking@ymail.com  98986 16232

Jay Shah Mumbai 09870879190 jay_shahgm@yahoo.com


 FINWIZ SERVICES, Mumbai-Mobile: 8080160094
finwizservices@gmail.com

Abhay Doshi
9512101210

Investor Service Centre ,
Bangalore




080-26607090,26607058 (m) 078150-22551 . 078150-22552

Santhosh P.S., S *4* SERVICES , Thrissur
9995447065

Harish Mittal 09867303077 vickey104@gmail.com




Nirej V Paul,  AKHIL SECURITIES | 3 / D2, 2nd Floor | Saniya Plaza |
Near KSRTC Bus Stand | Cochin 35 | Kerala |
Office  : 0484 4032952, 6596725 |
Mobile : 09447577160 |

Pankil Shah   veerajbroking@ymail.com  98986 16232



Jay Shah Mumbai 09870879190 jay_shahgm@yahoo.com



FINWIZ SERVICES, Mumbai-Mobile: 8080160094

finwizservices@gmail.com



DEEPAK KUMAR CHENNAI 09840015715

Chirag share Consultants. Ahmedabad 
Whats up no.8153045144

PARDEEP only 1000-9873245550


Coolraj Sakhlecha

SAKHLECHA STOCK SERVICE
333 MINT ST.,

CHENNAI 600 001

CELL   09841557344

PH  -    04425388750.  email : coolrajs1970@yahoo.co.in


( List Incomplete - To be Expanded )
Posted by at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)