RailTel IPO Details and Review RailTel IPO Details, Review Analysis Business Profile of RailTel Being a Mini Ratna (Category- I), RailTel is wholly-owned by the Government of India and under [Read More…]
RailTel Business Background RailTel (Mini Ratna, Category- I) was incorporated in the year 2000 to modernize the existing telecom system for train control, operation and safety. The PSU is engaged [Read More…]
Quarterly Return Monthly Payment Scheme Background GST Council in its 42nd meeting held on 05.10.2020 recommended to allow taxpayers having turnover of up to Rs. 5 Crore to furnish return [Read More…]
Gland pharma sees volatility in the grey market premium ahead of its listing. Will it be a Hit or a miss?
Gland Pharma has robust business model and strong financial performance since 2017 when Fosun took over major stake; post IPO its stake would come down to 58%. The IPO is worth investing if the geopolitical tension remains subdued. However investors wary of external risk may consider investing based on their risk appetite.
CBIC notifies the due date for GSTR 1 for monthly filers for the FY 2020-21.
CBIC notifies the due date for GSTR 1 for quarterly filers for the FY 2020-21.
Equitas small finance bank (ESFB) is the subsidiary of Equitas Holding Ltd. The Company was incorporated in 1993 at Madras, Tamil Nadu and is now coming up with an IPO amounting to Rs 532 crore.
Bodhi Tree IPO Bidding Details as on 9th Oct.
42nd GST Council Meeting Updates 42nd GST Council Meeting was held on Monday,05th October 2020. The virtual meeting was held under the chairmanship of Finance Minister Nirmala Sitharaman. The [Read More…]
Bodhi Tree has diversified production portfolio and is widespread geographically but its strengths are offset by negative net worth and high volatility in its financial performance which puts a question mark over its sustainability of revenues. The NAV of the issuer is negative at 23.43 and IPO is valued at Rs 95 which hints at overvaluation. Thus, Investors should stay away from this IPO.