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How to Gift Shares Online using Zerodha

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Here is the Step by Step Process of Gifting a Share : You can gift stocks, ETFs, and gold bonds to friends and family through the gift stocks  feature on Console . Enter the name, mobile number, and email address of the Reciever. Select the stocks, Gold bonds,ETFs you want to gift from your holdings. Please note that you can only gift stocks that are in your demat. Watch the Process on our YouTube Channel : Now Wait for recipient to accept, The Gift request is valid for 7 days within which recipient has to accept the shares gifted. On Acceptance, Sender will receive an SMS and E-Mail for verification, After approval from the CDSL T-Pin of sender, Stocks Transferred from sender's dmat account to receiver's dmat Account. This is completely off-market Transaction which happens at 5 PM on every trading day, You will receive an Email and SMS from CDSL with this link to verify transaction using OTP till 8 PM. Once the transaction is verified using OTP, Shares transferred from Sender

UPL Limited : Company with Continuous Corporate Governance Issues

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 UPL Limited is Agro-Chemical company which comes to under scanner of various stakeholders for alleged corporate governance issues. Here is analysis of  1.Whats Happening at UPL ? 2. What Management says ? 3. What Brokerages are saying? 4. What investors should do? Whistleblower Complain : What's Happening An anonymous complain came through ET Prime citing fund siphoning through 8 shell companies which alleged to be owned by employees of UPL. As per complain, UPL entered into lease and rent agreement with these companies to siphon funds of companies. What Management says ? CEO Jaidev Shroff refuted the allegations, saying the report is “completely malicious” and the board has not received any whistleblower complaint. Company in con-call says these transaction pertains to year 2017 when Audit committee reviewed and gave clean chit.  None of the promoters of those 8 companies are related to UPL. What Brokerage says ? Of 35 analyst tracking stock, 32 have BUY rating , 2 have HOLD rati

IRFC IPO : 5 Things to know before investing

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The First public sector NBFC which is going to be listed on stock exchange with 4,600 Crores IPO. Here are 5 things you should understand before investing into this IPO: About The Company : Incorporation Year : 1986 Indian Railway Finance Corporation (IRFC) was set up on 12th December, 1986 as the dedicated financing arm of the Indian Railways for mobilizing funds from domestic as well as overseas Capital Markets. IRFC is a Schedule ‘A’ Public Sector Enterprise under the administrative control of the Ministry of Railways, Govt. of India It is also registered as Systemically Important Non–Deposit taking Non Banking Financial Company (NBFC – ND-SI) and Infrastructure Finance Company (NBFC- IFC) with Reserve Bank of India (RBI). The Company’s principal business therefore is to borrow funds from the financial markets to finance the acquisition / creation of assets which are then leased out to the Indian Railways. The Union Cabinet had in April 2017 approved listing of five r

Analysis of RBI Proposed Rules on NBFC Dividend Payout

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Dear NBFCs either be a Bank or ready for regulations like a Bank. This is the fundamental stance RBI has now for NBFCs. Loudly announcing the stance RBI Director says NBFC should convert  into banks. Soon after that RBI released proposed rules for conversion of NBFC into Bank. North Block now could not afford any other financial fiasco after ILFS, Yes Bank , DHFL, LVB , PMC Bank. So now RBI Released Proposed Dividend Payout Rules for NBFC. In this analysis we will explain these rules .   Criteria : Capital Adequacy and Leverage Ratio * If A,B,C criteria are not met, NBFC still eligible to pay dividend if Net NPA ratio is less than 4% and otherwise comply with general prudential norms. Dividend Payout Ratio A. For CICs B. For NBFC-ND-SI & NBFC-D Other Criteria NBFCs should comply with the provisions of Section 45 IC of the RBI Act, 1934. NBFCs should comply with the prevailing regulations/ guideline issued by RBI. The proposed dividend should be payable only out of the current y

Mrs. Bector Food Speciality IPO Analysis

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  Mrs. Bector Food Speciality IPO Analysis   The Premium biscuit maker coming up with the 550 crore IPO, Here are 5 things you should consider before investing in IPO:   Brief History : Incorporation Year : 1995 Mrs. Bectors Food Specialties Ltd is one of the leading companies in the premium bakery segment and premium and mid-premium biscuit segment in North India. Current Portfolio :June 30, 2020, its bakery segment has a total of 96 products and the Biscuits segment has a total of 384 items   Promoters and Shareholding : Promoter :Mr. Anoop Bector Shareholding :Have 39.90% pre issued Share Capital Promoter from very start of the company. Now, He is also MD of the company. Watch this on YouTube : Mrs. Bectors Food Speciality IPO Analysis By BEAT THE STREET   *One things to be focused in this IPO* : It made an attempt in 2018 and had secured SEBI's nod but chose to defer the plans due to market conditions. This is their 2 nd attempt, the firm is pla

How IT Companies like TCS is saving crores in taxes by Buyback rather than paying dividends ?

There are too many companies doing buybacks(like TCS, Wipro etc.), Do you know why they do buyback ? Today, we are going to answer this big question. To understand the whole story, lets understand What is Buyback? In simple terms, Buyback of share means Re-acquisition by the company of its own share and return money to the shareholder. Now why does the company do that? – to reward shareholders. In India, most of IT companies are promoter managed (but their is no doubt on their corporate governance) and used to fund their other ventures. A. TCS (Owned  by Tatas, to fund their ventures ranging from salt to steel) B. Tech Mahindra (Owned by Mahindras, to fund their ventures ranging from automobile to hospitality) C. Wipro (owned by Azim Premji , to fund their CSR Arm and startup / investment arms Premji Invest ) How  does buyback create wealth for Shareholders? – A buyback benefits shareholders by increasing the percentage of ownership held by each shareholder by reducing the total no. o