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GRM Overseas company analysis
GRM Overseas Secures Maiden Government Order to Supply Premium Basmati Rice to Oman
Global Events
US, Europe Positive & Asian Markets Mix
Nikkei down 38, Hang S. UP 268, Taiwan UP 107
Kospi down 7, Shanghai down 8, St.T down 4 Points
GIFT Nifty UP 110 Points (22,686.00)
DOW futures UP 37 Points,
NASDAQ Futures UP 37 Points
Brent Crude down 1% and trade near $83/bbl level
US Nonfarm payrolls rose 1,75,000 in April
ISM Service PMI fell into contractionary territory
All eyes on....
China : Caixin PMI Composite and Services Data
Spancish, Italian, French, German and
Eurozone Final Service PMI
USD : FOMC Member Willams Speaks
US Market Positive
Dow Jones UP 450 (+1.18%); NASDAQ UP 315 (+1.99%), S&P UP 63 (+1.26%)
European Market Positive
FTSE UP 41 (+0.51) CAC UP 42 (+0.54%) DAX UP 105 (+0.59%).
Asian Markets Mix
Domestic Events
Dollar Index UP 0.02% and near 105.10
Brent Crude UP 0.53% at $83.21/bbl levels,
Rupees UP 5 Paisa to close at 83.43 against US$
Sector Watch :
Pharma, Capital Goods, Consumer Produ., Cement,
Textiles, Chemical, Shippig, Realty, Building
Sector Avoid
--
Indian Markets Trend--
With gap up opening,
Strong bounce back may seen in near term
Nifty-50 likely to cross 22600 & Sensex 74200 level
Result reated & small - Mid cap stocks to remain in focus
------
All Eyes on....
HSBC PMI Composite and Services
Q4FY24 Results : CG Power and Industrial Solutions, Godrej Consumer
Gujarat Fluorochemicals, Gujarat Gas, Indian Bank, LUPIN, Marico
INDIAN INDICES CLOSED ON 3-5-2024
| Indices | Closing | Plus/Minus |
|---|---|---|
| Sensex | 73,878.15 | -732.96 |
| Nifty 50 | 22,475.85 | -172.35 |
| Nifty Bank | 48,923.55 | -307.50 |
| Nifty Midcap 100 | 50,935.15 | -179.95 |
| Nifty Smallcap 100 | 16,936.50 | -82.90 |
| India VIX | 14.6175 | 1.17 |
Daily Level : 6-5-2024
| Stocks | Sup-1 | Sup-2 | Sup-3 | Resi-1 | Resi-2 | Resi-3 |
|---|---|---|---|---|---|---|
| Nifty | 22537 | 22473 | 22399 | 22575 | 22638 | 22714 |
| Bank Nifty | 49049 | 48480 | 48048 | 48062 | 49448 | 49980 |
| Hind. Petro | 535 | 523 | 512 | 540 | 552 | 564 |
| Can Bank | 625 | 613 | 598 | 6341 | 643 | 656 |
| BATA India | 1332 | 1296 | 1260 | 1341 | 1377 | 1415 |
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 |
| 3-5-2024 | Friday | 17440.08 | 19832.06 | -2391.98 |
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 |
| 3-5-2024 | Friday | 13865.92 | 13175.40 | 690.52 |
Most Buzzing Stocks
| Stocks | CMP | Stocks | CMP |
|---|---|---|---|
| CDSL | 2079.00 | Birla Corp. | 1559.00 |
| Semec | 1086.00 | Escorts | 3484.00 |
| Britannia | 4744.00 | Force Motors | 9502.00 |
| Kotak Mah. Bank | 1542.00 | Dr. Reddy | 6349.00 |
| Coal India | 474.00 | Tata Power | 454.00 |
| GRASIM | 2481.00 | Kansai nerolac | 287.00 |
| NMDC | 268.00 | ENIL | 265.00 |
| Yes Bank | 24.00 |
Stock WatchLT
| Stocks | CMP | Stocks | CMP |
|---|---|---|---|
| Orace | 7780.00 | Zen Techno | 1088.00 |
| Amber Enterprise | 7969.00 | Avenue Supemart | 4612.00 |
Fundamental Stocks
| Stocks | CMP | Stocks | CMP |
|---|---|---|---|
| JSW Infra | 258.00 | Kernex Micro | 527.00 |
| INOX Wind | 615.00 | IOL chemical | 395.00 |
| Best Agro | 625.00 |
Technical Stocks
| Stocks | CMP | Stocks | CMP |
|---|---|---|---|
| Aarti Drugs | 502.00 | Hindalco | 647.00 |
| PG Electro | 2153.00 | Zydus Life | 997.00 |
| Cipla | 1436.00 | Sun Pharma | 1511.00 |
Stock in Action
| Stocks | CMP | Stocks | CMP |
|---|---|---|---|
| Easy Trip | 46.00 | M&M Fin. | 267.00 |
| Apollo Micro | 106.00 | NHPC | 99.00 |
| IDBI Bank | 89.00 | Rest. Brand | 105.00 |
| Sarla Performance | 69.00 |
Sell Stocks for Today
| Stocks | CMP | Stocks | CMP |
|---|---|---|---|
| MRPL | 251.00 | Titan | 3533.00 |
| Adani Green | 1798.00 | CEAT | 2544.00 |
| Astral | 2059.00 | Adani Wilmar | 344.00 |
| Adani Enterprise | 2993.00 | Trent | 4523.00 |
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 |
36% Apply for Short Term or Listing Gain |
| 2 | TBO Tek |
8-5-2024 to 10-5-2024 |
16,856,623 Shares Rs 1550.81 Cr |
875 to 920 FV Rs 1 |
16 Shares Rs 14,720 |
BSE & NSE |
Axis Capital Jefferies India |
34% High Risk - High Return |
| 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 |
33% Apply for Mid Term |
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 |
32% Apply for Long Term |
| 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 |
35% Apply for Short term or Listing Gain |
| 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 |
28% Risky Bet |
|
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 |
27% Avoid |
|
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 |
32% Apply for Long Term |
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 |
|---|---|---|---|---|---|---|---|
| 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 |
25% Clear Avoid |
| 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 |
29% Risky Bet |
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 | 260 to 262 | 1200 | 6,000 | |
| Small HNI | 2400 | 82,000 | ||||||
| Big HNI | 12300 | 82,000 | ||||||
| 2 | TBO Tek | Main Line IPO | 16 | 875 to 920 | 505 to 510 | |||
| Small HNI | ||||||||
| Big HNI | 12300 | |||||||
| 3 | Aadhar Housing Finance | Main Line IPO | 47 | 300 to 315 | 50 to 52 | 1025 | 2100 | |
| Small HNI | 2250 | 30000 | ||||||
| Big HNI | 9200 | 30000 | ||||||
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 | 60,000 | ||
| 2 | Amkay Products | BSE SME | 2000 | 52 to 55 | 63 to 64 | 82,000 | ||
| 3 | Sai Swami Metals & Alloys | BSE SME | 2000 | 60 | 50 to 51 | 72,000 | ||
| 4 | Slone Infosystems | NSE SME | 1600 | 79 | 65 to 67 | 60,000 | ||
| 5 | Winsol Engineers | NSE SME | 1600 | 71 to 75 | 124 to 125 | 1,55,000 | ||
| 6 | Refractory Shapes | NSE SME | 4000 | 27 to 31 | 10 to 11 | 20,000 | ||
| 7 | Finelistings Technologies | BSE SME | 1000 | 123 | 19 to 20 | 18,000 | ||
| 8 | Silkflex Polymers | NSE SME | 2000 | 52 | 4 to 5 | 8,000 | ||
| 9 | TGIF Agribusiness | BSE SME | 1200 | 93 | --- | |||
| 10 | Energy Mission Machineries | NSE SME | 1000 | 131 to 138 | 54 to 55 | 45,000 | ||
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 | Issue Closed on 3-5-2024 | 543.62x |
| Slone Infosystems | NSE SME | 1st Day Subscribed | 20.46x |
| 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 |
- |
- |
- |
- |
- |
- |
- | - | -- | |
Subscription figure of Motilal Oswal NCDs Issue
(Issue Closed on 3-5-2024)
| Category |
No. of Bonds Offered/ Reserved |
No. of Times Subscribed 3-5-2024 |
| Institutional | 5,00,000 | 1.50x |
| Non Institutional | 20,00,000 | 1.51x |
| Retail | 20,00,000 | 1.41x |
| Total | 50,00,000 | 2.58x |
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 |
Avoid | |
| 3 | TIL Limited |
26-4-2024 to 10-5-2024 |
4,90,75,199 Shares Rs 49.08 Cr |
10 |
28 Rights shares for every 10 Eq. shares held on Record date : 22-3-2024 |
Apply for Long Term |
||
| 4 | IIFL Finance |
30-4-2024 to 14-5-2024 |
4,23,94,270 Shares Rs 1271.83 Cr |
300 FV Rs 2 |
1 Rights shares for every 9 Eq. shares held on Record date : 23-4-2024 |
-- |
Apply for More than Entitlement |
|
| 5 | 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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