Our one more hot favorite pre-IPO stock is launching IPO tomorrow. But not before delivering multibagger returns to investors. One more baby is ready to fly high and scale new heights.
ICICI Lombard sold to all our investors at as low as Rs 70 since 2013 has become 10x to Rs 700+ in just around 4 years. That’s the power of investing in unlisted shares. The company’s initial public offer (IPO) will open on September 15 and close on September 19. The price band is Rs 651 to Rs 661 per share.
For buying or selling shares all unlisted shares, please call on 08108234400 or click on https://buysellunlistedshares.com/buysell/
The recent market buoyancy has triggered an IPO boom. Companies with good fundamentals are seeing huge oversubscription leaving investors with nil or low allotment. This is very annoying as there is a loss of opportunity to make profit in form of listing gains. That’s why it makes sense to invest in good companies to get capital appreciation and assured quantity. Applying in IPO is a traditional and loss making concept while Pre IPO investing is a modern and highly profitable approach.
Pre-IPO investment opportunity exists in unlisted shares of RBL Bank. The private sector lender RBL Bank (formerly Ratnakar Bank) in June 2015 has filed its draft red herring prospectus (DRHP) with market regulator Securities and Exchange Board of India (Sebi) to raise Rs 1,100 crore by issue of fresh shares through an initial public offering (IPO). The share sale will make RBL the 41st publicly traded bank in India.
For buying and selling shares of RBL Bank and all other companies call on 08108234400 or email on email@example.com
The Kolhapur-headquartered bank last year raised Rs 500 crore from CDC, ADB, family offices and long-only funds such as DVI Fund (Mauritius) Ltd and Rimco (Mauritius) Ltd, valuing the bank at Rs 6,500 crore. The investors paid Rs 190-200 per share, higher than the Rs 125 apiece paid by investors in the last fundraising round in 2014.
The deal sets the stage for India’s first bank IPO (initial public offering) in a decade and the premium paid by investors reflects the pent-up demand for private sector financial services firms in a market where retail demand is booming while industrial credit is languishing.
Though RBL is an old private sector bank established in 1943, it has accelerated its growth under a new management, led by managing director and chief executive officer Vishwavir Ahuja since 2010. In the last three years, the bank has shed its regional image, opened branches and attracted new investors.
For the financial year ended March 31, 2015, RBL’s net profit stood at Rs 2,071.75 crore compared with Rs 926.70 crore in the previous fiscal.
Tamilnad Mercantile Bank is a premier fast growing private sector bank in India based at Thoothukudi, Chennai. The bank has a long cherished history of more than 93 years of successful banking with strong fundamentals and a record of continuous profit making. It has a strong branch network of 450+ branches and 950+ ATMs. The bank has very strong balance sheet and hence the unlisted bank’s shares have become hotcake after the bank’s board proposed rewarding shareholders with a huge 500:1 bonus shares (500 bonus shares for each share held), payment of dividend of around Rs 4,000 per share, along with plans of conversion of shares from physical to demat mode, pre-IPO placement and IPO in its upcoming AGM on Friday, 29 January 2016.
We are market makers in shares of Tamilnad Mercantile Bank (TMB). Please contact to buy/sell shares of the TMB or any other shares or for more details and updates on 08108234400 or email on firstname.lastname@example.org
Updates on recent media coverage of TMB
Cover story on Friday, 25 January 2016 in Hindu Business Line Newspaper
Follow-up article in The Hindu Newspaper on Friday, 25 January 2016
Follow-up article in Business Standard Newspaper on Friday, 25 January 2016
Our Coverage in Economic Times Page No. 9 on 13 January 2016