*Opportunity in Wipro Ltd Buyback Offer*
Recently in Board Meeting, Board of Director approved Buyback of shares
Total No of Shares to be Buyback - 34.375 cr shares
Out of which 15% is reserve for small shareholders as per SEBI
Therefore total shares to be reserve for Small Shareholder is 5.156 cr shares
As per latest shareholding of company, shareholder holding in range of 1 to 5000 shares is just less than 5 cr.
It clearly means 100% acceptance ratio in buyback for small shareholders.
Current Price - ₹ 285
Buyback Price - ₹ 320
Difference - ₹ 35
12.50 % absolute return within maximum 3 months, which means 50% return on annual basis.
One should buy and tender at max 624 shares i.e below 2 lacs to be recognized as small shareholder.
*Keep in Mind* : Tendering of 625th share will not recognized you as small shareholder in buyback offer as (625 shares X ₹320 = ₹2,00,000)
These type of offers comes once in a while, so just go for it.
*Don't miss this Opportunity*
Recently in Board Meeting, Board of Director approved Buyback of shares
Total No of Shares to be Buyback - 34.375 cr shares
Out of which 15% is reserve for small shareholders as per SEBI
Therefore total shares to be reserve for Small Shareholder is 5.156 cr shares
As per latest shareholding of company, shareholder holding in range of 1 to 5000 shares is just less than 5 cr.
It clearly means 100% acceptance ratio in buyback for small shareholders.
Current Price - ₹ 285
Buyback Price - ₹ 320
Difference - ₹ 35
12.50 % absolute return within maximum 3 months, which means 50% return on annual basis.
One should buy and tender at max 624 shares i.e below 2 lacs to be recognized as small shareholder.
*Keep in Mind* : Tendering of 625th share will not recognized you as small shareholder in buyback offer as (625 shares X ₹320 = ₹2,00,000)
These type of offers comes once in a while, so just go for it.
*Don't miss this Opportunity*
HDIL arm faces bankruptcy proceedings - Times of India - http://toi.in/WfZnqb/a18ag
The Times of India
HDIL arm faces bankruptcy proceedings - Times of India
India Business News: Mumbai: The subsidiary of Mumbai-based developer HDIL has gone into bankruptcy proceedings following a Rs 250-crore default in its Goregaon project to.
APEX FROZEN ipo - V r not going to work in apex frozen as tis company is importer n exporter of fish so as a jain v r boycott tis ipo....Tis ipo is open in paryushan so I wud urge people plz avoid tis ipo...
On The Auspicious Day of Samvatsari Mahaparva, We Apologize From The Bottom Of Our Heart & Seek Forgiveness If Knowingly Or Unknowingly, We've Hurt You By Our Words, Acts Or Thoughts.
🙏 MICHHAMI-DUKKADAM 🙏
🙏 મિચ્છામિ દુકકડંમ 🙏
From Mehta Family
🙏 MICHHAMI-DUKKADAM 🙏
🙏 મિચ્છામિ દુકકડંમ 🙏
From Mehta Family
North Korea's 'Rocket Man' is on a suicide mission: Donald Trump at UN
http://toi.in/WtUizb/a19ah
http://toi.in/WtUizb/a19ah
The Times of India
Donald Trump's address to the United Nations - The Times of India
US President Donald Trump is addressing the annual gathering of world leaders at the United Nations General Assembly today. Stay with TOI for all the live updates
Free Growing Value Picks👍:
💰 *Good Norning Friends Your Diwali Picks from me for all categories is out*
*Keep Minting Money With Us*🎯🎯🎯
*LARGE RANGE STOCKS*
1. Aditya Birla Capital
2. Sintex Plastic
3. CMI FPE
4. PSP PROJECT
5. Tide water
6. WABCO
7. ZF STEERING
*MEDIUM RANGE STOCKS*
1. JSW ENERGY
2. ADF FOOD
3. INTENSE TECH
4. PRECISION CAMPSHAFT
5. COFEE CAFE DAY
*SMALL RANGE STOCKS*
1. CELEBRITY FASHION
2. LKP SECURITIES
3. PARAGON FINANCE
4.RELIGARE
5. TV18
*SME PICKS*
1. PRO-LIFE INDUSTRIES
2. MRSS
3.CADSYS
4.CAPTAIN TECHNOCAST
5. RMC SWITCH
💰 *Good Norning Friends Your Diwali Picks from me for all categories is out*
*Keep Minting Money With Us*🎯🎯🎯
*LARGE RANGE STOCKS*
1. Aditya Birla Capital
2. Sintex Plastic
3. CMI FPE
4. PSP PROJECT
5. Tide water
6. WABCO
7. ZF STEERING
*MEDIUM RANGE STOCKS*
1. JSW ENERGY
2. ADF FOOD
3. INTENSE TECH
4. PRECISION CAMPSHAFT
5. COFEE CAFE DAY
*SMALL RANGE STOCKS*
1. CELEBRITY FASHION
2. LKP SECURITIES
3. PARAGON FINANCE
4.RELIGARE
5. TV18
*SME PICKS*
1. PRO-LIFE INDUSTRIES
2. MRSS
3.CADSYS
4.CAPTAIN TECHNOCAST
5. RMC SWITCH
Paragon buy only if come in range or if u can take risk of 3 to 5 ₹ then u can buy
http://www.reliancemutual.com
*NSE - BSE IPO :*
*Reliance Nippon Life Asset Management Ltd*
Incorporated in 1995, it's ranked 2⃣nd Most Profitable Asset Management Company & 3⃣rd Largest Assets Management Company in India.
*Company is promoted by Reliance Capital Ltd and Nippon Life Insurance Company* and involved in :
💠 Mutual Funds (ETFs)
💠 Managed Accounts (PMSs)
💠 Offshore Funds & Advisory
Company having around 250 open/closed ended schemes with 171 branches and over 50,000++ distributors including banks, financial institutions, national distributors and indipendent financial advisors across India
*For FY17 Company having revenue of around ₹1400 crores with Net Profit of around ₹400 crores and EPS of ₹7 per share. Thus asking P/E of around 36*
Issue Open : 25/10/2017
Issue Close : 27/10/2017
Issue size : 4,28,40,000
Retails Individuals : 50%
*Minimum Order : 59 shares*
*Issue Price : ₹ 247-252 per share*
*Application Value : ₹ 14,868*
For 1 time subscription around 3,63,000 application required
Expected applications around 18,00,000
*So allotment Ratio seems normal around 1 out of 5*
On basis of company fundamentals and gray market premium, *expected return of 25% i.e. ₹3,700* in case shares are alloted
*Must apply IPO for listing gains with TOMORROW being last day*
-------------------------------------
*NSE - BSE IPO :*
*Reliance Nippon Life Asset Management Ltd*
Incorporated in 1995, it's ranked 2⃣nd Most Profitable Asset Management Company & 3⃣rd Largest Assets Management Company in India.
*Company is promoted by Reliance Capital Ltd and Nippon Life Insurance Company* and involved in :
💠 Mutual Funds (ETFs)
💠 Managed Accounts (PMSs)
💠 Offshore Funds & Advisory
Company having around 250 open/closed ended schemes with 171 branches and over 50,000++ distributors including banks, financial institutions, national distributors and indipendent financial advisors across India
*For FY17 Company having revenue of around ₹1400 crores with Net Profit of around ₹400 crores and EPS of ₹7 per share. Thus asking P/E of around 36*
Issue Open : 25/10/2017
Issue Close : 27/10/2017
Issue size : 4,28,40,000
Retails Individuals : 50%
*Minimum Order : 59 shares*
*Issue Price : ₹ 247-252 per share*
*Application Value : ₹ 14,868*
For 1 time subscription around 3,63,000 application required
Expected applications around 18,00,000
*So allotment Ratio seems normal around 1 out of 5*
On basis of company fundamentals and gray market premium, *expected return of 25% i.e. ₹3,700* in case shares are alloted
*Must apply IPO for listing gains with TOMORROW being last day*
-------------------------------------
*IRIS BUSINESS ( 540735 )* NOW LOOKS GOOD IF ONE WANT TO ADD FOR LONG TERM... CMP 52
IRIS CHOSEN TO BE GST SUVIDHA PROVIDER.
THEY ARE HAVING TOP LIST OF SEC FILLING SOFTWARE PROVIDERS IN USA
THEY ARE HAVING TOP LIST OF SEC FILLING SOFTWARE PROVIDERS IN USA
Some very important financial tips that everyone should know ....
1. Avoid buying property on loans as it eats most of your earnings unless you have a clear plan for its repayment. It's important to monitor cash flow. Though, the house will be your asset, your liability will be much more.
2. Start a SIP at a very young age. Try to save atleast 15–25 % of your earnings.
3. Avoid buying a car unless you use it everyday.
.
4. Do not let this sentence scare you. “Mutual fund investment are subject to market risk. Please read the offer documents carefully before investing”. Most people avoid investing in mutual funds just because of this one warning. Yes, there is a market risk, but look at the history and growth of mutual funds.
5. Try having a simple wedding.
6. Atleast 20% of your wealth should be liquid so you can utilize it when necessary.
7. Considering inflation, you are actually losing money if it is in savings bank account. Do not keep huge money in savings bank account.
8. If you invest in stocks, pay due attention.
9. If you invest in stocks have a separate account for delivery investment and Intraday investment. It is easy to monitor this way and also makes tax calculation easy
10. Do not have a belief that property and car make you rich. Its what you save and invest, that is important.
11. Never invest in insurance for returns. Insurance is not an investment option. It is a risk management tool.
12. Never use credit cards for lavish spending. Use credit cards intelligently and for needs not for wants.
13. Cancel all credit cards before you die. Or inform family about all your accounts, credit cards, loans and saving now itself. Even a small residue will cost your family much.
14. Invest on yourself and then on other investments.
15. Always try to balance your earnings with your savings first, then on spending and loans. Never take unnecessary loans. Always have reserve and utilise them and unless no other go never take loan.
16. Always have a plan for future events on your career, life, spending and finance.
17. Always have a reserve on your savings for contingency and urgent situations.
18. Your personal life and health are the most important investment. Do have a regular health check and do healthy workout every day. Stay healthy and live happily.
19. Always remember death can come anytime.....so please do buy adequate term Insurance if you have dependents.
20. Prepare a Will. It may avoid unnecessary fights after you die.
1. Avoid buying property on loans as it eats most of your earnings unless you have a clear plan for its repayment. It's important to monitor cash flow. Though, the house will be your asset, your liability will be much more.
2. Start a SIP at a very young age. Try to save atleast 15–25 % of your earnings.
3. Avoid buying a car unless you use it everyday.
.
4. Do not let this sentence scare you. “Mutual fund investment are subject to market risk. Please read the offer documents carefully before investing”. Most people avoid investing in mutual funds just because of this one warning. Yes, there is a market risk, but look at the history and growth of mutual funds.
5. Try having a simple wedding.
6. Atleast 20% of your wealth should be liquid so you can utilize it when necessary.
7. Considering inflation, you are actually losing money if it is in savings bank account. Do not keep huge money in savings bank account.
8. If you invest in stocks, pay due attention.
9. If you invest in stocks have a separate account for delivery investment and Intraday investment. It is easy to monitor this way and also makes tax calculation easy
10. Do not have a belief that property and car make you rich. Its what you save and invest, that is important.
11. Never invest in insurance for returns. Insurance is not an investment option. It is a risk management tool.
12. Never use credit cards for lavish spending. Use credit cards intelligently and for needs not for wants.
13. Cancel all credit cards before you die. Or inform family about all your accounts, credit cards, loans and saving now itself. Even a small residue will cost your family much.
14. Invest on yourself and then on other investments.
15. Always try to balance your earnings with your savings first, then on spending and loans. Never take unnecessary loans. Always have reserve and utilise them and unless no other go never take loan.
16. Always have a plan for future events on your career, life, spending and finance.
17. Always have a reserve on your savings for contingency and urgent situations.
18. Your personal life and health are the most important investment. Do have a regular health check and do healthy workout every day. Stay healthy and live happily.
19. Always remember death can come anytime.....so please do buy adequate term Insurance if you have dependents.
20. Prepare a Will. It may avoid unnecessary fights after you die.