Future Supply Chain IPO Opens By Tomorrow

The third part logistics company FSC IPO opens tomorrow at price band of 660-664. Shares will be available in BSE and NSE both.  It will list by December 6th and End By 8th. Secondary market listing expected by 18th of December. The issue will raise 650 crore INR.

FSC IPO By December 06

The company do contract logistics and express logistics and temperature controlled logistics. It operates 42 distribution centres and have revenue of 561 Crores in the financial year 2017. It was 519 and 407 crore revenues in the year 16 and 15 respectively.

In the coming year the GST structure may benefit the firm. The average P/E value of the company is 48. The valuation of the stock is not expensive and may be it can have a bright future depending on the company performance.

Future Supply Chain is 56.10% subsidiary of Kishore Biyani’s Future Enterprises Ltd. Sector wise the future is bright valuation wise it is not. So please study the IPO in details and invest.

Happy Investing.

Trump’s Tax Cut Impact on Global Market

How it’s going to affect global market,  The U.S senate passed tax cut and job act plan by Trump. Which means the corporate tax reduced from 35% to 20%.  This will help the wealthy.

US Tax cut

By the way last day didn’t took this news seriously by the market. But it will help the US companies and the dollars. Whether it will help the bull market? it may or it may not. The US market can become beneficial by getting more investment.

Everyone hope this won’t affect other markets like India badly. Depends upon the reach of this act inside global market.

Wait and see.

 

Shalby IPO opens at a price band of 245-248 per share

Multi-specialty hospital Shalby Hospitals Ltd will opens its Initial Public Offering on by Tuesday (Dec 05).  Shalby IPO openss at a price band of 245 – 248 per share. The fresh valued 480 Crores.
The offer will close by 7th of December. IThe company will be listed in both NSE and BSE.

It plans to sell 1 mn shares, Shalby Ltd now operates 11 hospitals , it plans to pay debt, purchase medical equipment, furniture, interiors for the  existing and upcoming hospitals also plans some corporate actions.

The hospital or company is headquartered in Ahmedabad. It has domestic and international reach. Currently it operates at Western and Central India and planning to spread across the country.

Shalby Hospital IPO

Click here to see the coming IPO’s the month

 

India Q2 GDP Growth Raised To 6.3% From Q1 5.7%

The good news is  that Indian GDP Q2 results shown an impressive change from the previous quarter. The GDP growth raised to 6.3%. It was 5.7% in the first quarter. The festival season played an important role in this quarter which was beneficial for the Indian economy growth.

GDP India Q2 Results

Q2 GDP 6.3%

Sectors like Electricity, Gas, Communication, Broadcasting Services, Transportation, Hotels and Manufacturing played a major role in the economical growth this quarter. GST was badly affected GDP in the first quarter but it is helped the Indian market later the implementation.

The positive news will make the stock market more stronger. As per Moody’s recent result country shown some growth after GST and festivals.

The growth rate for  1. Agri Forestry and Fishing  2. Construction, 3. Mining and quarrying  are 1.7, 2.6, 5.5 respectively.  Real Estate and Professional Services 5.7. Admin, Public, Defence growth stood at 6%.

IPO’s Which Opened This Year | 2017

In a stock market an IPO means Initial Public Offer which is the first availability of shares for public. It is also called the primary market. An individual can submit an IPO form through stock broker to avail the IPO stocks. Here are the list of IPO which opened in this year in India.

Shalby Hospitals Image

Shalby Hospitals IPO December 2017

2017 IPO List

December

Shalby Ltd – Dec (Opening Price – 245-248)
Future Supply Chain Solutions Ltd (Opening Price – 660-664)

November

HDFC Standard Life Insurance (Opening Price – 290)
Khadim India Pvt Ltd (Opening Price – 750)
The New India Assurance Company (Opening Price – 800)

October

Mahindra Logistics Limited (Opening Price – 429)
Reliance Nippon Life Asset Management Ltd (Opening Price – 252)
General Insurance Corporation of India (Opening Price – 912)
Indian Energy Exchange Ltd (Opening Price – 1650)
MAS Financial Services Ltd (Opening Price – 459)
Astron Parper Board Mills Ltd (Opening Price – 245-248)
Godrej Agrovet Ltd (Opening Price – 460)

IPO List 2017

 

AirTel Looks Upon RCom Spectrum

Bharti AirTel expressed its interest on Rcom’s spectrum. As per reports Reliance communication is having a debt of upto 50000 Crores and the company is shutting down its various departments like Broadband, 2G and 3G networks.
If the auction deal happens  it will be a great progression for Airtel after Telenor merger.

Airtel current price level is NSE 500.10  and Rcom at level NSE 13.75.

It is not necessarily a company can buy the assets but more than one company get this opportunity. There were rumors that Relaince Jio has eyes on Rcom properties. But all these financial news didn’t came official.

 

Jeep Renegade Launch In India

It is always been a question why the Renegade version still not in the Indian market. There are hope that it will be launched in Indian market by 2018. The price is always been a confusion it can be in between 10 Lakh to 30 Lakh according to the model.

Jeep Compass and other models are being a success in the market, Renegade can be an upcoming super hit version.

Even though it is a basic compact SUV, the design and features will make it popular among Indian people. The model comes with 4×2 and 4×4  varients. If the model get launched it will be a big competitor for Eco Sport and Brezza.

Jeep Renegade Gallery

Varients : Sport, Latitude, Altitude and Trailhawk

The American brand is already a hit in the international market and now they are expanding the business in India, China and Brazil. Already the company run its testing in India streets, which denotes the arrival of this exciting compact model.

Current available models of Jeep in Indian market

Grand Cherokee, Wrangler, Compass and Grand Cherokee SRT

Top 3 Websites To Analyze Indian Stocks

The Indian Stock Market is trending these days, its fluctuating as well as showing some growth in it.

People are eager to know what is stock market and many of them doesn’t know how to enter in this world. According to some statistics there are more than 10 million active traders in India.

Here are the best stock referral websites for Indian traders

1). Moneycontrol.com

It provides timely news, stock trends and all the statistics related to a stock. It is easy analyze a company’s P/E value, Book value, capital and yearly profit and loss.

2.) Marketsmojo.com

The website being very popular among people because of its method of valuating a stock perfectly. The website provides information on particular stock valuation, current trend and future.

3.) Chartink.com

As the name implies chartink provides a perfect graph which almost ensure the value of the stock and trend.

Right To Privacy Is a Fundamental Right Says Supreme Court India

Thursday, Aug 2017 The Supreme Court 9 bench judge declared that right to privacy is a fundamental right to every single person.

The 9 bench says personal liberty is important in life and SC added that sexual orientation is the essential attribute of privacy and must be protected.

The Supreme Court says that discrimination against an individual on the basis of sexual orientation is offensive to the dignity and self-worth of the individual.


Courtesy: Republic TV

 

What Should I Do With My PF Account?

It is always a confusion for peoples that what I need to do with my PF account, if in a career gap or jobless situation.

Employee Provident Fund is one of the great investment methods to save a little money per month, it also gives 8-9% interest annually. One important thing is that, these earnings are tax-free if you are not withdrawing the money before 5-year completion.


Benefits of Keeping EPF

  • EPF considered as Retirement benefit money, so it is always better to continue until you are employed
  • It is Tax-free if you are not taking PF amount within 5-year timeline
  • switching PF account from one company to new company is an easy process

PF Amount withdrawal

You can withdraw if you are unemployed and not looking for other jobs.

UAN is a mandatory number which will be provided by your previous employer.

Refer these videos to know how to check your PF balance and withdraw your PF,