Welcome To SmartInvestment

Thursday, March 28, 2024

 

Global Events

US, Europe Positive & Asian Markets Mix

Nikkei down 479, Hang S. UP 80, Taiwan down 43
Kospi down 6, Shanghai UP 5, St.T down 7 Points

GIFT Nifty down 37 Points (22,177)

DOW futures down 25 Points,

NASDAQ Futures down 12 Points

Brent Crude UP 1% and near $86/bbl level

Fed Governor Christopher Waller....

   US Central Bank is in no rush to cut the rate and

  may need to maintain the current rate target for

   longer than expected

All eyes on....

EUR : German Retail Sales MoM

GBP : Final GDP QoQ

USD : Final GDP QoQ & Unemployment Claims

USD : Chicago PMI

USD : Pending Home Sales MoM &

   Revised UoM Consumer Sentiment

US Market Positive

Dow Jones UP 477 (+1.22%); NASDAQ UP 83 (+0.51%), S&P UP 44 (+0.86%)
European Market Positive
FTSE UP 1 (+0.01) CAC UP 20 (+0.25%) DAX UP 92 (+0.50%).
Asian Markets Mix

Domestic Events

Dollar Index down 0.02% and near 104.33

Brent Crude UP 0.63% at $85.92/bbl levels,

Rupees down 8 Paisa to close at 83.37 against US$

Sector Watch :

Energy, IT, Cement, Paints, Dagnosis, Pharma, Auto

Sector Avoid

--

Indian Markets Trend--

With flat to positive opening, 

Rally to continue in near term

Overall markets to outperform during the session

Small - Mid Cap stocks to remain in focus

---

All eyes on...

March Nifty F&O expiry today

Same-day trade settlement (T+0) start today

With 25 Scrips

Ambuja Cement Ashok Leyland Bajaj Auto
Bank of Baroda BPCL Birla Soft
Cipla Coforge Divis Lab
Hindalco Indian Hotels JSW Steel
LIC Housing Finance LTI MindTree Samvradhna Motherson
MRF NMDC ONGC
Petronet LNG SBI Tata Comm.
Trent Union Bank Vedanta

All eyes on..

--

Primary Markets

SRM Contract Mainboard IPO Subscribed 3.65x on Day 2

INDIAN INDICES CLOSED ON 27-3-2024

Indices Closing Plus/Minus
Sensex 72,996.31 526.02
Nifty 50 22,123.65 118.95
Nifty Bank Index 46,785.95 185.75
Nifty Midcap 100 47,837.35 --
Nifty Smallcap 100 15,263.90 -
India VIX 12.7025 -0.1175

Daily Level : 28-3-2024

Stocks Sup-1 Sup-2 Sup-3 Resi-1 Resi-2 Resi-3
Nifty 22163 22100 22026 22201 22264 22339
Bank Nifty 47197 46980 46710 47251 47521 47799
UPL 456 448 440 458 466 474
JSW Steel 812 798 784 819 833 847
MFSL 1008 992 977 1016 1031 1047
MGL 1369 1351 1332 1378 1396 1414
 

Foreign Institutional Investors (FII) Activities (Rs-. in Cr.)

Date Day Gross Purchase Gross Sale Net Purchase
25-3-2024 Monday - - -
26-3-2024 Tuesday 22714.11 22703.98 10.13
27-3-2024 Wednesday 19558.69 17388.37 2170.32

Domestic Institutional Investors (DII) Activities (Rs. in Cr.)

Date Day Gross Purchase Gross Sale Net Purchase
25-3-2024 Monday - - -
26-3-2024 Tuesday 14130.31 9105.95 5024.36
27-3-2024 Wednesday 26386.81 25189.20 1197.61

 
Most Buzzing Stocks

Stocks CMP Stocks CMP
Bajaj Finance 7022.00 Sanofi 7960.00
Kama Holding 2508.00 Persistent Systems 8099.00
Titan 3749.00 Shriram Piston 1957.00
Vijaya Diagnosis 633.00 JSW Energy 516.00
PCBL 264.00 Samhi Hotel 208.00

Stock WatchLT 

Stocks CMP Stocks CMP
Tata Elxsi 7674.00 Varun Beverages 1384.00
Asian Paints 2830.00 PVR INOX 1325.00
Blue Star 1301.00 Havells 1488.00

Fundamental Stocks

Stocks CMP Stocks CMP
UNO Minda 686.00 GOCL 378.00
JSPL 818.00 Lokesh Machines 356.00
Jyothy Lab. 446.00 Valiant Og. 385.00
Aster DM 404.00 DLF 880.00
NTPC 731.00    

Technical Stocks

Stocks CMP Stocks CMP
TVS Motors 2123.00 Hindalco 557.00
Biocon 256.00 Cyient 1942.00
Chola Invest 1130.00 Aurobindo Pharma 1070.00
Credit Access 1422.00 Ramco Cement 815.00
Kotak Bank 1775.00    

Stock in Action

Stocks CMP Stocks CMP
Rico Auto 148.00 BHEL 243.00
Temaco Rail 168.00 GMR Airport 79.00
Balmer Lawrie 237.00 Bharat Ele. 199.00
Ashok Leyland 169.00    

Sell Stocks for Today

Stocks CMP Stocks CMP
Alkem Lab. 5004.00 Zydus Life 999.00
Cromtpon Greaves 245.00 SRF 2522.00
Navin Fluorine 3136.00    

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 SRM Contractors

26-3-2024

to

28-3-2024

62,00,000 Shares

Rs 130.20 Cr

200 to 210

FV Rs 10

70 Shares

Rs 14,700

BSE

&

NSE

Interactive Financial

33%

Apply for Mid Term

2 Bharati Hexacom

3-4-2024

to

5-4-2024

7,50,00,000 Shares

Rs 4275 Cr

542 to 570

FV Rs 5

26 Shares

Rs 14,820

BSE

NSE

SBI Capital,

Axis Capital,

BoB Capital,

ICICI Securities,

IIfL Securities

 

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

Trust Fintech

26-3-2024

to

28-3-2024

62,82,000 Shares

Rs 63.45 Cr

95 to 101

FV Rs 10

1200 Shares

Rs 1,21,200

NSE

SME

Corporate

Capitalventures

35%

Apply for Mid Term

Blue Pebble

26-3-2024

to

28-3-2024

10,80,000 Shares

Rs 18.14 Cr

159 to 168

800 Shares

Rs 1,34,400

NSE

SME

Hem Securities

34%

Apply for Mid Term

Aspire & Innovative

26-3-2024

to

28-3-2024

40,68,000 Shares

Rs 21.97 Cr

51 to 54

FV Rs 10

2000 Shares

Rs 1,08,000

NSE

SME

Hem Securities

30%

High Risk Low Return Bet

Radiowalla Network

27-3-2024

to

2-4-2024

18,75,200 Shares

Rs 14.25 Cr

72 to 76

FV Rs 10

1600 Shares

Rs 1,21,600

NSE

SME

Narnolia Financial

36%

Apply for Short Term

(Listing Gain)

TAC Infosec

27-3-2024

to

2-4-2024

28,29,600 Shares

Rs 29.99 Cr

100 to 106

FV Rs 10

1200 Shares

Rs 1,27,200

NSE

SME

Beeline Capital

35%

Apply for Short Term

(Listing Gain)

Yash Optics & Lens

27-3-2024

to

3-4-2024

65,62,800 Shares

Rs 53.16 Cr

75 to 81

FV Rs 10

1600 Shares

Rs 1,29,600

NSE

SME

Shreni Shares  
K2 Infragen

28-3-2024

to

3-4-2024

34,06,800 Shares

Rs 40.54 Cr

111 to 119

FV Rs 10

1200 Shares

Rs 1,42,800

NSE

SME

Expert Global  
Aluwind Architectural

28-3-2024

to

4-4-2024

66,00,000 Shares

Rs 29.70 Cr

45

FV Rs 10

3000 Shares

Rs 1,35,000

NSE

SME

Skyline Financial  
Creative Graphics Solutions

28-3-2024

to

4-4-2024

64,00,000 Shares

Rs 54.40 Cr

80 to 85

FV Rs 10

1600 Shares

Rs 1,36,000

NSE

SME

Corpoate Capitalventures  

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

Vruddhi Engineering Works

26-3-2024

to

28-3-2024

6,80,000 Shares

Rs 4.76 Cr

66 to 70

FV Rs 10

2000 Shares

Rs 1,40,000

BSE

SME

Fedex Securities

28%

Avoid

GConnect Logitech

26-3-2024

to

28-3-2024

14,01,000 Shares

Rs 5.60 Cr

40

FV Rs 10

3000 Shares

Rs 1,20,000

BSE

SME

Fedex Securities

33%

Apply for Long Term

Jay Kailash Namkeen

28-3-2024

to

3-4-2024

16,33,600 Shares

Rs 11.93 Cr

70 to 73

FV Rs 10

1600 Shares

Rs 1,16,800

BSE

SME

Expert Global  

 

 

Grey Market Premium

Main Line IPOs

           

Sr.

No.

(www.smartinvestment.in)

 

Min. Lot

Size

(Shares)

Offer Price Premium

Kostak Price

(Minimum

Application)

Subject to

Sauda

1 SRM Contractors Main Line IPO 70 200 to 210 92 to 95 350 (Seller) 3,500
  Small HNI           50,000
  BIg HNI         1,600 50,000
2 Bharti Hexacom Main Line IPO 26 542 to 570 38 to 39 -- 800
  Big HNI           11,000
  Small HNI           11,000

 

 

Grey Market Premium SME IPOs

           

Sr.

No.

(www.smartinvestment.in)

 

Min. Lot

Size (Shares)

Offer Price Premium

Kostak Price

(Minimum Appl. 

Subject to

Sauda

2 OmFurn India (FPO) NSE SME 2400 71 to 75 Discount - -
3 Vishwas Agri Seeds NSE SME 1600 86 10 to 12   10,000
4 Vruddhi Engineering Works BSE SME 2000 66 to 70 0.00 -- --
5 Naman In-Store (India) NSE SME 1600 84 to 89 44 to 45   55,000
6 Trust Fintech NSE SME 1200 38 to 40 40 to 42 -- 40,000
7 Blue Pebble NSE SME 800 159 to 168 19 to 20   12,000
8 Aspire & Innovative NSE SME 2000 51 to 54 0.00   --
9 GConnect Logitech BSE SME 3000 40 17 to 18 -- 21,000
10 Radiowalla Network NSE SME 1600 72 to 76 40 to 42   52,000
11 TAC Infosec NSE SME 1200 100 to 106 108 to 110   95,000
12 Yash Optics & Lens NSE SME 1600 75 to 81 18 to 20 - 25,000
13 K2 Infragen NSE SME 1200 111 to 119 26 to 28 - 25,000
14 Jay Kailash Namkeen BSE SME 1600 70 to 73 18 to 20   25,000
15 Aluwind Architectural NSE SME 3000 45 0.00    
16 Creative Graphics Solutions NSE SME 1600 80 to 85 44 to 45   52,000

Subscription Figure of SRM Contractors Main Line IPOs

Investor

Category

Shares

Offered

1st Day

Subscribed

26-3-2024

2nd Day

Subscribed

27-3-2024

3rd Day

Subscribed

28-3-2023

QIB 12,40,100 1.57x 2.41x -
HNI 9,30,000 6.32x 45.70x -
Retail 21,70,000 3.70x 14.21x -
Total 62,00,000 3.65x 17.58x -
 
Subscription Figure of SME IPO's
IPO SME Day Overall Subscribed
Vishwas Agri Seeds NSE SME Issue Closed on 26-3-2024 12.21x
Naman In-Store (India) NSE SME Issue Closed on 27-3-2024 309.03x
Trust Fintech NSE SME 2nd Day Subscribed 12.36x
Vruddhi Engineering Works BSE SME 2nd Day Subscribed 4.13x
Blue Pebble NSE SME 2nd Day Subscribed 15.58x
Aspire & Innovative NSE SME 2nd Day Subscribed 4.13x
GConnect Logitech BSE SME 2nd Day Subscribed 8.64x
Radiowalla Network NSE SME 1st Day Subscribed 6.88x
TAC Infosec NSE SME 1st Day Subscribed 10.34x
Yash Optics & Lens NSE SME 1st Day Subscribed 0.59x
K2 Infragen NSE SME Issue Opens on 28-3-2024  
Jay Kailash Namkeen BSE SME Issue Opens on 28-3-2024  
Aluwind Architectural NSE SME Issue Opens on 28-3-2024  
Creative Graphics Solutions NSE SME Issue Opens on 28-3-2024  

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

SRM Contractors Main Line IPO 28-3-24 1-4-24 2-4-24 2-4-24 3-4-24
Bharti Hexacom Main Line IPO 5-4-24 8-4-24 10-4-24 10-4-24 12-4-24

Important Date of Current SME Issues

IPOs Name IPO

Closes Date

Basis of

Allotment

Refund /

Unblock

Amount

Credit of

Shares

To Demat

Listing

Date

OmFurn India NSE SME 22-3-24 26-3-24 27-3-24 27-3-24 28-3-24
Vishwas Agri Seeds NSE SME 26-3-24 27-3-24 28-3-24 28-3-24 1-4-24
Naman In-Store (India) NSE SME 27-3-24 28-3-24 1-4-24 1-4-24 2-4-24
Vruddhi Engineering Works BSE SME 28-3-24 1-4-24 2-4-24 2-4-24 3-4-24
Trust Fintech NSE SME 28-3-24 1-4-24 2-4-24 2-4-24 3-4-24
Blue Pebble NSE SME 28-3-24 1-4-24 2-4-24 2-4-24 3-4-24
Aspire & Innovative NSE SME 28-3-24 1-4-24 2-4-24 2-4-24 3-4-24
GConnect Logitech BSE SME 28-3-24 1-4-24 2-4-24 2-4-24 3-4-24
Radiowalla Network NSE SME 2-4-24 3-4-24 4-4-24 4-4-24 5-4-24
TAC Infosec NSE SME 2-4-24 3-4-24 4-4-24 4-4-24 5-4-24
Yash Optics & Lens NSE SME 3-4-24 4-4-24 5-4-24 5-4-24 8-4-24
K2 Infragen NSE SME 3-4-24 4-4-24 5-4-24 5-4-24 8-4-24
Jay Kailash Namkeen BSE SME 3-4-24 4-4-24 5-4-24 5-4-24 8-4-24
Aluwind Architectural NSE SME 4-4-24 5-4-24 8-4-24 8-4-24 9-4-24
Creative Graphics Solutions NSE SME 4-4-24 5-4-24 8-4-24 8-4-24 9-4-24

(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

Chatha Foods Limited BSE SME 27-3-2024 544151 56.00 73.00 76.65 70.37 76.65
OmFurn India NSE SME 28-3-2024 OMFURN 75.00        
Vishwas Agri Seeds NSE SME 1-4-2024   86        
Naman In-Store (India) NSE SME 2-4-2024   84 to 89        
Vruddhi Engineering Works BSE SME 3-4-2024   66 to 70        
Trust Fintech NSE SME 3-4-2024   95 to 101        
SRM Contractors Main Line IPO 3-4-2024   200 to 210        
Blue Pebble NSE SME 3-4-2024   159 to 168        
Aspire & Innovative NSE SME 3-4-2024   51 to 54        
GConnect Logitech BSE SME 3-4-2024   40        
Radiowalla Network NSE SME 4-4-2024   72 to 76        
TAC Infosec NSE SME 5-4-2024   100 to 106        
Yash Optics & Lens NSE SME 8-4-2024   75 to 81        
K2 Infragen NSE SME 8-4-2024   111 to 119        
Jay Kailash Namkeen BSE SME 8-4-2024   70 to 73        
Aluwind Architectural NSE SME 9-4-2024   45        
Creative Graphics Solutions NSE SME 9-4-2024   80 to 85        
Bharti Hexacom Main Line IPO 12-4-2024   542 to 570        

NCDs Issue

Sr.

No.

Issue Name

Open Date

&

Close Date

Issue Size

Price

Face Value

Min.

Application

Listing

Rating Tenor Recommendation
-

-

-

-

-

-

-

-

-

-



Subscription figure of NCDs Issue

Category

No. of Bonds

Offered/ Reserved

No. of Times

Subscribed

Institutional - -
Non Institutional - -
HNI - -
Retail - -
Total - -

 

Rights Issue

Sr. No. Issue Name

Open Date & Close Date

Issue Size Price

Entitlement

Terms of Payment Recommendation
1 Velencia Nutrition Ltd.

15-3-2024

to

12-4-2024

83,78,012 Shares

Rs 21.78 Cr

26

FV Rs 10

15 Rights shares for every

10 Eq. shares held on

Record date : 7-3-2024

Full amount payable

on Application

Avoid
2

Hindustan Construction Co.

(HCC)

26-3-2024

to

5-4-2024

16,66,66,666 Shares

Rs 350 Cr

21

FV Rs 1

13 Rights shares for every

118 Eq. shares held on

Record date : 16-3-2024

Full amount Rs 21/- Per

Equity  Shares payable

at the time of Application

 
3 Arunjyoti Bio Ventures

26-3-2024

to

8-4-2024

1,65,67,200 Shares

Rs 33.13 Cr

20

FV Rs 10

8 Rights shares for every

1 Eq. shares held on

Record date : 12-3-2024

Full amount Rs 20/- Per

Equity  Shares payable

at the time of Application

 
4 Tierra Agrotech

28-3-2024

to

10-4-2024

96,94,041 Shares

Rs 48.47 Cr

50

FV Rs 10

1 Rights shares for every

5 Eq. shares held on

Record date : 18-3-2024

Full amount payable

at the time of Application

 
5 Jyoti Structure

28-3-2024

to

16-4-2024

11,66,66,666 Shares

Rs 175 Cr

15

FV Rs 2

6 Rights shares for every

37 Eq. shares held on

Record date : 21-3-2024

Full amount payable

at the time of Application

 

 

 

About

Smart Investment which is a part of Archi publications, a division of Archi Finmark and Communications Ltd. founded by Late Shri Kantilal M. Shah in year 2000, which is an ISO 9001:2008 (QMS)

Mission

To prosper as a Publication firm by working hand in hand with our writers and educate investors through our services and publications.

Vision

Being a leading firm in Stock market for weekly and mid – week updates related to stock market, we want that our readers and followers gain best knowledge and earn more and more profit.

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Main Line IPO

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NCD Issue

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