Author - Unlisted Investments

PharmEasy

PharmEasy – India’s Leading e-Pharmacy Platform! API Holdings Limited (PharmEasy) is India’s leading Healthcare Delivery Platform with around 60% market share. PharmEasy has achieved total revenues of INR 2,361 Crs in FY 2021. PharmEasy has served over 5 million clients in 22,000+ pin codes through its 80,000+ partners spread across the country. Please find below the Highlights of PharmEasy. Company in brief: PharmEasy is a healthcare delivery platform. It helps patients to connect with local pharmacy stores and diagnostic centers enabling them to [...]

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MotilalOswal Home Finance Limited

Company Background: Incorporated in 2013, MotialOswal Home Finance (previously Aspire Home Finance Corporation Limited) is a housing finance company is a subsidiary of MotilalOswal Finance Services Limited (MOFSL). The promoter holding is MotialOswal Home Finance (MOHFL)provides home loans to individuals and families for construction,purchase, repairs/renovations or extension of their house. MOHFL is present 9 states through a network of 110 branches. These states are namely MAHARASHTRA,Gujarat,Madhya Pradesh,Karnataka, Rajasthan,Chhattisgarh,Tamil Nadu,Telangana and Andhra Pradesh. During FY20, MOHFL has restructured its business and as [...]

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Shriram Life Insurance

Company Background:Shriram Life Insurance is the subsidiary of Shriram Capital Limited. Financial services are the core business of the group and insurance business is an extension to it. The company has an extensive branch network of over 3800 branches. Shriram Capital, the promoter entity owns 74% stake and nearly 23% stake is owned by Sanlam, one of the largest insurers in South Africa which has partnered Shriram Group in both its Life and Non-Life Insurance ventures. Business Performance: The company’s profitability [...]

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ICL Fincorp

Company Background: Established in 1991, ICL Fincorp is an NBFC mainly dealing in gold loan business. Its AUM comprises of 90% business from Gold loan. The company also deals in other segments like Business Loan, Vehicle loan, Property Loans, health insurance (tie-up with Liberty Videocon) and more. ICL Fincorp’s promoters own a reasonable 49.79% of the stake in the company as of FY20. This share has increased from FY19 when it was at 38.47%. This indicates that the management is positive [...]

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Chemcon Speciality Chemicals IPO opens: What do the brokerages say

Source : Economic Times NEW DELHI: The Rs 318 crore IPO of Chemcon Speciality Chemicals, which serves pharma and oil well industries, opened for subscription on Monday. The Vadodara-based company is offering a fresh issue of equity shares, aggregating up to Rs 165 crore and offer for sale of up to 45,00,000 equity shares, to be sold in the Rs 338-340 price band. On Friday, the company raised Rs 95.40 crore through allotment of 28.06 lakh shares to anchor investors at [...]

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Grey market is loving it! Share premia soar for three new IPOs

Source : Economic Times New Delhi: The stellar debut of Happiest Minds Technologies NSE -2.95 % on Dalal Street is weighing on the grey market premium of forthcoming issues in the Indian primary market. Grey market premia for Route Mobile, Computer Age Management Services (CAMS), Angel Broking and Chemcon Speciality Chemicals are inching northwards as the hope of listing gains rises. Route Mobile is likely to be listed on Monday. The issue was open for subscription between September 9 and 11 at [...]

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NSE selling entire CAMS stake through IPO; issue details awaited

Source : Economic Times NEW DELHI: NSE is selling its entire stake in Computer Age Management Services (CAMS) via an offer for sale, with the Warburg Pincus-backed Great Terrain Investment becoming the company’s promoter. The update on the IPO is likely to be announced on Wednesday, and the issue is likely to hit the market next Monday. As per the red herring prospectus released on Tuesday, NSE Investments Limited (NSEIL) is selling 18,246,600 equity shares in CAMS. NSEIL held 37.5 per [...]

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Warburg Pincus-backed CAMS sees 29% grey market premium ahead of IPO

Source : Economic Times NEW DELHI: The IPO details of Warburg Pincus LLC and NSE-backed Computer Age Management Services (CAMS) will be announced on Wednesday, but the grey market investors are already gung ho on the forthcoming issue. The grey market so far is expecting a price band of Rs 1,200-1,240 and based on that, the unlisted shares of CAMS are trading at a premium of Rs 350-360 in the unlisted market. The upper limit of the price range suggests an [...]

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HDB Financial Services Limited

Company Background:Incorporated in 2008, HDB FINANCIAL SERVICES (HDBFS) is a non-banking company (NBFC) providing loans, fee-based products, and BPO services. The company offers wide range of loan (secured and unsecured products) to various segments namely consumer loans, enterprise loans and asset finance. HDBFS earns fee based income from selling insurance products, mutual funds, extended warranty and road side assistance. The company offers services for running collection call centers for HDFC bank and also back office operations and processing support to [...]

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Merino Industries Limited

Company Background: Established in 1965, Merino has become the largest player in the organized sector in laminates. The company possesses India’s largest laminates manufacturing capacity at 171 lakh sheets per annum. Merino operates across 70+ countries. The Group’s network of more than 4000 dealers helps provide products across 2,000 pan-India outlets. Merino has 16 branches in India and two offices overseas. Merino has over 10,000 SKUs (across designs, textures, colors and finishes). Merino’s facilities have been certified for ISO 9001, [...]

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