Tracks Buybacks, Arbitrage, IPO & Stock specific opportunities. More than three decades of association with Stock Markets through ups and downs
Clearing Price of Rs 675.50 fixed for Non Retail Bidding in SBI Life Insurance Company Ltd. This is the minimum bid price at which Retail shall be eligible for allotment CMP Rs. 680
Adani Ports & SEZ is tapping international debt market to raise up to $1 billion. Proposed issue has 'Baa3' rating from global ratings agency Moody's Investors Service. Will use the proceeds to fund its capex plans and also to retire some of its debt.
Star cement to consider Buyback
Relaxo Bonus: June 27, 2019 fixed as the Record Date
Indiabulls case: It has been reported in some quarters that the milk vendor while withdrawing the petition stated that he was made to sign and file it in his name. !! This strengthens my doubts on DHFL case being an act of similar blackmailers.
RNAM OFS Day 1: Clearing Price of Rs 214.70 fixed for Non Retail Bidding in Reliance Nippon Life Asset Management Ltd
LTTS hits Rs. 1732.5; was available in bulk at Rs. 1654 in OFS few days back.
Quickheal Buyback Acceptance 28.3%. Ended in loss for most arbitrage investors. Primarily due to poor Q4Fy19 results.
Reliance Nippon Asset Life Management 2nd OFS for Rs. 382 crore, Floor price 212, to open on 13-06-19. Sale by Reliance Capital
MyView Only: Unlike DHFL, IndiaBulls is a group that may not take attempts to pin it down easily. The last analyst who tried to do so is in jail on charges of blackmailing. The company immediately hired a top lawyer & may be quite aggressive in pursuing the case to logical end.
Adani Green energy comes again with OFS for 5.98% stake sale, Floor price Rs. 43. CMP Rs. 42.5
SH Kelkar Buyback of up to 33 lakh shares @ Rs 180, Size 59.3 crore, Tender route
DHFL confirms receipt of Reserve Bank India’s (RBI) prior approval for proposed change in control / ownership and management of Avanse
LTTS OFS: Clearing Price of Rs 1654.00 fixed for the Non Retail Bidding in LT Technology Services LTD OFS on day1. This is the minimum price at which retail will get allotment in bidding on T-1 day. CMP 1663.5