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GRM Overseas company analysis
GRM Overseas Secures Maiden Government Order to Supply Premium Basmati Rice to Oman
Global Events
US Positive, Europe & Asian Markets Mix
Nikkei down 37, Hang S. UP 337, Taiwan UP 274
Kospi UP 4, Shanghai down 8, St.T UP 6 Points
GIFT Nifty UP 110 Points (22,895.50)
DOW futures UP 248 Points,
NASDAQ Futures UP 127 Points
Brent Crude Flat and trade near $84/bbl level
Japanese banks will be closed in
Observance of Constitution Day
Chinese banks will be closed in
Observance of Labour Day
US Trade balance data slight narrowing of the deficity by -0.1%
US Jobless Claims for the week endig April 27,
remained steady at 208K
BoE will announce its interest rate decision next week
All eyes on....
GBP : Final Services PMI
USD : Average Hourly Earnings MoM
Non - Farm Employment Change & Unemployment Rate
ISM Services PMI
--
US Market Positive
Dow Jones UP 322 (+0.85%); NASDAQ UP 235 (+1.51%), S&P UP 45 (+0.91%)
European Market Mix
FTSE UP 50 (+0.63) CAC down 70 (-0.88%) DAX down 35 (-0.20%).
Asian Markets Mix
Domestic Events
Dollar Index down 0.09% and near 105.22
Brent Crude UP 0.24% at $83.87/bbl levels,
Rupees down 1 Paisa to close at 83.46 against US$
Sector Watch :
NBFC, Auto, Pharma, Capital Goods, Cement, Metal,
Oil & Gas, OMCs
Sector Avoid
--
Indian Markets Trend--
With gap up opening, strong rally may seen in near term
Nifty-50 likely to cross 22750 & Sensex 75000 levels
Overall pre-election rally may hit new life time high
------
Manufacturing PMI eases in April
All Eyes on....
Q4FY24 Results : Titan, Britannia, MRF, Godrej Properties
--
INDIAN INDICES CLOSED ON 2-5-2024
| Indices | Closing | Plus/Minus |
|---|---|---|
| Sensex | 74,611.11 | 128.33 |
| Nifty 50 | 22,648.20 | 43.35 |
| Nifty Bank | 49,231.05 | -165.70 |
| Nifty Midcap 100 | 51,115.10 | 246.90 |
| Nifty Smallcap 100 | 17,019.40 | 7.60 |
| India VIX | 13.4450 | 0.5750 |
Daily Level : 3-5-2024
| Stocks | Sup-1 | Sup-2 | Sup-3 | Resi-1 | Resi-2 | Resi-3 |
|---|---|---|---|---|---|---|
| Nifty | 22763 | 22699 | 22623 | 22801 | 22865 | 22940 |
| Bank Nifty | 49339 | 49117 | 48841 | 49395 | 49617 | 49896 |
| Tata Power | 462 | 457 | 446 | 467 | 472 | 478 |
| BPCL | 637 | 625 | 613 | 644 | 656 | 669 |
| Oberoi Realty | 1540 | 1512 | 1482 | 1550 | 1579 | 1612 |
| Escorts | 3496 | 3438 | 3378 | 3510 | 3568 | 3630 |
Foreign Institutional Investors (FII) Activities (Rs-. in Cr.)
| Date | Day | Gross Purchase | Gross Sale | Net Purchase |
|---|---|---|---|---|
| 29-4-2024 | Monday | 13689.75 | 13520.66 | 169.09 |
| 30-4-2024 | Tuesday | 20925.96 | 19854.03 | 1071.93 |
| 1-5-2024 | Wednesday | |||
| 2-5-2024 | Thursday | 16786.80 | 17751.27 | -964.47 |
Domestic Institutional Investors (DII) Activities (Rs. in Cr.)
| Date | Day | Gross Purchase | Gross Sale | Net Purchase |
|---|---|---|---|---|
| 29-4-2024 | Monday | 11746.82 | 11054.77 | 692.05 |
| 30-4-2024 | Tuesday | 14438.64 | 13009.53 | 1429.11 |
| 1-5-2024 | Wednesday | |||
| 2-5-2024 | Thursday | 15122.33 | 13769.99 | 1352.44 |
Most Buzzing Stocks
| Stocks | CMP | Stocks | CMP |
|---|---|---|---|
| Signiti Techno | 1382.00 | JBM Auto | 1959.00 |
| KEI Ind. | 3999.00 | Bajaj Finance | 6882.00 |
| Reliance Ind. | 2933.00 | Ajanta Pharma | 2234.00 |
| Cyient | 1798.00 | Mazagon Dock | 2351.00 |
| Hindalco | 641.00 | Zaggle Preopaid | 302.00 |
| Happy Forging | 956.00 | Coal India | 453.00 |
| DCX Systems | 323.00 | Hidustan Zinc | 432.00 |
Stock WatchLT
| Stocks | CMP | Stocks | CMP |
|---|---|---|---|
| Navin Flourine | 3426.00 | United Breweries | 2053.00 |
| Adani Ports | 1338.00 | Blue Star | 1470.00 |
| Affe | 1124.00 | Shriram Fin. | 2582.00 |
| JK Cement | 3936.00 |
Fundamental Stocks
| Stocks | CMP | Stocks | CMP |
|---|---|---|---|
| Ramco Cement | 771.00 | Coal India | 453.00 |
| DLF | 896.00 | Ugro Capital | 282.00 |
| Tata Motors | 1027.00 |
Technical Stocks
| Stocks | CMP | Stocks | CMP |
|---|---|---|---|
| Balkrishna Ind. | 2460.00 | Bajaj Auto | 9103.80 |
| Lux Ind. | 1515.00 | Vedanta | 410.00 |
| ONGC | 280.00 | LUPIN | 1647.00 |
| M&M | 2185.00 | Tata Power | 453.00 |
| BPCL | 634.00 |
Stock in Action
| Stocks | CMP | Stocks | CMP |
|---|---|---|---|
| Nalco | 186.00 | Federal Bank | 168.00 |
| GIPCL | 191.00 | IOC | 172.00 |
| Zomato | 195.00 | GMR Airport | 88.00 |
Sell Stocks for Today
| Stocks | CMP | Stocks | CMP |
|---|---|---|---|
| CEAT | 2624.00 | Coforge | 4985.00 |
| Yes Bank | 25.00 | P&G Health | 15948.00 |
| Endurance | 1958.00 | Astral | 2062.00 |
| Bharti Airtel | 1304.00 |
Primary Markets
Main Line IPO's
|
Sr. No. |
Issue Name |
Open Date & Close Date |
Issue Size | Price |
Market Lot (Minimum Application) |
Listing | Lead Manager |
Rating (Out of 50%) & Recommendation |
|---|---|---|---|---|---|---|---|---|
| 1 | Indegene Limited |
6-5-2024 to 8-5-2024 |
Fresh Issue : 1,68,14,159 Shares OFS : 2,39,32,732 Shares Total : 4,07,46,861 Shares Rs 1841.76 Cr |
430 to 452 FV Rs 2 |
33 Shares Rs 14,916 |
BSE & NSE |
Kotak Mah., Citigroup, JP Morgan, Nomura |
-- |
| 2 | TBO Tek |
8-5-2024 to 10-5-2024 |
- |
875 to 920 FV Rs 1 |
16 Shares Rs 14,720 |
BSE & NSE |
Axis Capital Jefferies India |
|
| 3 | Aadhar Housing Finance |
8-5-2024 to 10-5-2024 |
Fresh Issue : 3,17,46,032 Shares OFS : 6,34,92,063 Shares Total : 9,52,38,095 Shares Total Size Rs 3000 Cr |
300 to 315 FV Rs 10 |
47 Shares Rs 14,805 |
BSE & NSE |
ICICI Securities, Citigroup Global, Kotak Mah. Capital, Nomura Financial, SBI Capital |
NSE SME IPO's
| Issue Namek |
Open Date & Close Date |
Issue Size | Price |
Market Lot (Minimum Application) |
Listing |
Lead Manager |
Rating (Out of 50%) & Recommendation |
|---|---|---|---|---|---|---|---|
| Slone Infosystems |
3-5-2024 to 7-5-2024 |
14,00,000 Shares Rs 11.06 Cr |
79 FV Rs 10 |
1600 Shares Rs 1,26,400 |
NSE SME |
Jawa Capital | -- |
| Winsol Engineers |
6-5-2024 to 9-5-2024 |
31,15,200 Shares Rs 23.36 Cr |
71 to 75 FV Rs 10 |
1600 Shares Rs 1,20,000 |
NSE SME |
Beeline Capital | |
| Refractory Shapes |
6-5-2024 to 9-5-2024 |
60,00,000 Shares Rs 18.60 Cr |
27 to 31 FV Rs 10 |
4000 Shares Rs 1,24,000 |
NSE SME |
Shreni Shares | |
|
Silkflex Polymers (India) |
7-5-2024 to 10-5-2024 |
34,82,000 Shares Rs 18.11 Cr |
52 FV Rs 10 |
2000 Shares Rs 1,04,000 |
NSE SME |
Shreni Shares | |
|
Energy Mission Machineries |
9-5-2024 to 13-5-2024 |
29,82,000 Shares Rs 41.15 Cr |
131 to 138 FV Rs 10 |
1000 Shares Rs 1,38,000 |
NSE SME |
Hem Securities |
BSE SME IPO's
| Issue Name |
Open Date & Close Date |
Issue Size | Price |
Market Lot (Minimum Application) |
Listing |
Lead Manager |
Rating (Out of 50%) & Recommendation |
|---|---|---|---|---|---|---|---|
|
Storage Technologies & Automation |
30-4-2024 to 3-5-2024 |
38,40,000 Shares Rs 29.95 Cr |
73 to 78 |
1600 Shares Rs 1,24,800 |
BSE SME |
One View Corporate |
32% Apply for Long Term |
| Amkay Products |
30-4-2024 to 3-5-2024 |
22,92,000 Shares Rs 12.61 Cr |
52 to 55 FV Rs 10 |
2000 Shares Rs 1,10,000 |
BSE SME | Hem Securities |
28% Avoid |
|
Sai Swami Metals & Alloys |
30-4-2024 to 3-5-2024 |
25,00,000 Shares Rs 15 Cr |
60 FV Rs 10 |
2000 Shares Rs 1,20,000 |
BSE SME | Swastika Investment |
26% Clear Avoid |
| Finelistings Technologies |
7-5-2024 to 9-5-2024 |
11,00,000 Shares Rs 13.53 Cr |
123 FV Rs 10 |
1000 Shares Rs 1,23,000 |
BSE SME | Fedex Securities | |
| TGIF Agribusiness |
8-5-2024 to 10-5-2024 |
6,87,600 Shares Rs 6.39 Cr |
93 FV Rs 10 |
1200 Shares Rs 1,11,600 |
BSE SME | Hem Securities |
Grey Market PremiumMain Line IPOs |
||||||||
|---|---|---|---|---|---|---|---|---|
|
Sr. No. |
|
Min. Lot Size (Shares) |
Offer Price | Premium |
Kostak Price (Minimum Application) |
Subject to Sauda |
||
| 1 | Indegene Limited | Main Line IPO | 33 | 430 to 452 | 238 to 240 | 1,450 | 6,000 | |
| Small HNI | 1,500 | 82,000 | ||||||
| Big HNI | 11,000 | 82,000 | ||||||
| 2 | TBO Tek | Main Line IPO | 16 | 875 to 920 | 400 to 405 | |||
| 3 | Aadhar Housing Finance | Main Line IPO | 47 | 300 to 315 | 63 to 65 | 2,200 | ||
| Small HNI | 1,200 | 32,000 | ||||||
| Big HNI | 12,000 | 32,000 | ||||||
Grey Market Premium SME IPOs |
||||||||
|---|---|---|---|---|---|---|---|---|
|
Sr. No. |
Min. Lot Size (Shares) |
Offer Price | Premium |
Kostak Price (Minimum Appl. |
Subject to Sauda |
|||
| 1 | Storage Technologies | BSE SME | 1600 | 73 to 78 | 54 to 55 | 58,000 | ||
| 2 | Amkay Products | BSE SME | 2000 | 52 to 55 | 58 to 60 | 80,000 | ||
| 3 | Sai Swami Metals & Alloys | BSE SME | 2000 | 60 | 48 to 50 | 75,000 | ||
| 4 | Slone Infosystems | NSE SME | 1600 | 79 | 56 to 58 | 60,000 | ||
| 5 | Winsol Engineers | NSE SME | 1600 | 71 to 75 | 128 to 130 | 1,55,000 | ||
| 6 | Refractory Shapes | NSE SME | 4000 | 27 to 31 | 4 to 5 | 15,000 | ||
| 7 | Finelistings Technologies | BSE SME | 1000 | 123 | 19 to 20 | 15,000 | ||
| 8 | Silkflex Polymers | NSE SME | 2000 | 52 | --- | |||
| 9 | TGIF Agribusiness | BSE SME | 1200 | 93 | --- | |||
| 10 | Energy Mission Machineries | NSE SME | 1000 | 131 to 138 | --- | |||
Subscription Figure of Indegene Limited
|
Investor Category |
Shares Offered |
1st Day Subscribed 6-5-2024 |
2nd Day Subscribed 7-5-2024 |
3rd Day Subscribed 8-5-2024 |
|---|---|---|---|---|
| QIB | - | - | - | - |
| HNI | - | - | - | - |
| Retail | - | - | - | - |
| Total | - | - | - | - |
Subscription Figure of SME IPO's
| IPO | SME | Day | Overall Subscribed |
|---|---|---|---|
| Sai Swami Metals & Alloys | BSE SME | 2nd Day Subscribed | 120.92x |
| Slone Infosystems | NSE SME | Issue Opens on 3-5-2024 | |
| Winsol Engineers | NSE SME | Issue Opens o 6-5-2024 | |
| Refractory Shapes | NSE SME | Issue Opens on 6-5-2024 | |
| Finelistings Technologies | BSE SME | Issue Opens on 7-5-2024 | |
| Silkflex Polymers (India) | NSE SME | Issue Opens on 7-5-2024 | |
| TGIF Agribusiness | BSE SME | Issue Opens on 8-5-2024 | |
| Energy Mission Machineries | NSE SME | Issue Opens on 9-5-2024 |
Important Date of Current Main Line Issue
| IPOs Name | IPO |
Closes Date |
Basis of Allotment |
Refund / Unblock Amount |
Credit of Shares To Demat |
Listing Date |
|
|---|---|---|---|---|---|---|---|
| Indegene Limited | IPO | 8-5-24 | 9-5-24 | 10-5-24 | 10-5-24 | 13-5-24 | |
| TBO Tek | IPO | 10-5-24 | 13-5-24 | 14-5-24 | 14-5-24 | 15-5-24 | |
| Aadhar Housing Finance | IPO | 10-5-24 | 13-5-24 | 14-5-24 | 14-5-24 | 15-5-24 | |
Important Date of Current SME Issues
| IPOs Name | IPO |
Closes Date |
Basis of Allotment |
Refund / Unblock Amount |
Credit of Shares To Demat |
Listing Date |
|
|---|---|---|---|---|---|---|---|
| Storage Technologies | BSE SME | 3-5-24 | 6-5-24 | 7-5-24 | 7-5-24 | 8-5-24 | |
| Amkay Products | BSE SME | 3-5-24 | 6-5-24 | 7-5-24 | 7-5-24 | 8-5-24 | |
| Sai Swami Metals & Alloys | BSE SME | 3-5-24 | 6-5-24 | 7-5-24 | 7-5-24 | 8-5-24 | |
| Slone Infosystems | NSE SME | 7-5-24 | 8-5-24 | 9-5-24 | 9-5-24 | 10-5-24 | |
| Winsol Engineers | NSE SME | 9-5-24 | 10-5-24 | 13-5-24 | 13-5-24 | 14-5-24 | |
| Refractory Shapes | NSE SME | 9-5-24 | 10-5-24 | 13-5-24 | 13-5-24 | 14-5-24 | |
| Finelistings Technologies | BSE SME | 9-5-24 | 10-5-24 | 13-5-24 | 13-5-24 | 14-5-24 | |
| Silkflex Polymers (India) | NSE SME | 10-5-24 | 13-5-24 | 14-5-24 | 14-5-24 | 15-5-24 | |
| TGIF Agribusiness | BSE SME | 10-5-24 | 13-5-24 | 14-5-24 | 14-5-24 | 15-5-24 | |
| Energy Mission Machineries | NSE SME | 13-5-24 | 14-5-24 | 15-5-24 | 15-5-24 | 16-5-24 | |
(More Detail Refer to Smart Investment English + Gujarati Edition publishing on every Sunday)
Listing Day Trading Information
| IPO | SME / Main Line |
Listing Date |
Code | Offer Price |
Listing Price |
Listing Day High |
Listing Day Low |
Listing Day Close |
|
|---|---|---|---|---|---|---|---|---|---|
| Varyaa Creation | BSE SME | 30-4-2024 | 544168 | 150.00 | 285.00 | 299.25 | 270.75 | 270.75 | |
| Emmforce Autotech | BSE SME | 30-4-2024 | 544165 | 98.00 | 186.20 | 195.51 | 186.20 | 195.51 | |
| JNK India | IPO | 30-4-2024 | 544167 | 415.00 | 620.00 | 712.00 | 620.00 | 693.95 | |
| Shivam Chemicals | BSE SME | 30-4-2024 | 544165 | 44 | 48.00 | 50.40 | 45.60 | 47.40 | |
| Storage Technologies | BSE SME | 8-5-2024 | 73 to 78 | ||||||
| Amkay Products | BSE SME | 8-5-2024 | 52 to 55 | ||||||
| Sai Swami Metals & Alloys | BSE SME | 8-5-2024 | 60 | ||||||
| Slone Infosystems | NSE SME | 10-5-2024 | 79 | ||||||
| Indegene Limited | IPO | 13-5-2024 | 430 to 452 | ||||||
| Winsol Engineers | NSE SME | 14-5-2024 | 71 to 75 | ||||||
| Refractory Shapes | NSE SME | 14-5-2024 | 27 to 31 | ||||||
| Finelistings Technologies | BSE SME | 14-5-2024 | 123 | ||||||
| Silkflex Polymers (India) | NSE SME | 15-5-2024 | 52 | ||||||
| TBO Tek | IPO | 15-5-2024 | 875 to 920 | ||||||
| Aadhar Housing Finance | IPO | 15-5-2024 | 300 to 315 | ||||||
| TGIF Agribusiness | BSE SME | 15-5-2024 | 93.00 | ||||||
| Energy Mission Machineries | NSE SME | 16-5-2024 | 131 to 138 | ||||||
NCDs Issue
|
Sr. No. |
Issue Name |
Open Date & Close Date |
Issue Size |
Price Face Value |
Min. Application |
Listing |
Rating | Tenor | Recommendation | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 |
Motilal Oswal Financial Services |
23-4-2024 to 7-5-2024 |
Base Issue Rs. 500 Cr Overall Size : Rs 1000 Cr |
1000 FV Rs 1000 |
10 NCDs Rs 10,000 |
BSE NSE |
CRISIL AA/Stable | 24,36,60 and 120 Months | -- | |
Subscription figure of Motilal Oswal NCDs Issue
| Category |
No. of Bonds Offered/ Reserved |
No. of Times Subscribed 30-4-2024 |
| Institutional | 5,00,000 | 0.00x |
| Non Institutional | 20,00,000 | 0.82x |
| Retail | 20,00,000 | 1.03x |
| Total | 50,00,000 | 1.20x |
Rights Issue
| Sr. No. | Issue Name |
Open Date & Close Date |
Issue Size | Price |
Entitlement |
Terms of Payment | Recommendation | |
|---|---|---|---|---|---|---|---|---|
| 1 | Shiva Cement |
22-4-2024 to 6-5-2024 |
10,00,00,000 Shares Rs 400 Cr |
40 FV Rs 2 |
20 Rights shares for every 39 Eq. shares held on Record date : 3-4-2024 |
Full amount payable at the time of Application |
||
| 2 | Sakuma Exports |
25-4-2024 to 13-5-2024 |
7,89,84,298 Shares Rs 199.83 Cr |
25.30 FV Rs 1 |
33 Rights shares for every 98 Eq. shares held on Record date : 15-4-2024 |
Full amount payable at the time of Application |
||
| 3 | Ajooni BIotech |
15-5-2024 to 24-5-2024 |
8,00,00,000 Shares Rs 40 Cr |
5 FV Rs 2 |
1 Rights shares for every 1 Eq. shares held on Record date : 2-5-2024 |
Full amount payable at the time of Application |
||
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