Friday, May 10, 2024

 

 

 

Global Events

US, Europe & Asian all markets in GREEN Zone

Nikkei UP 226, Hang S. UP 134, Taiwan UP 41
Kospi UP 16, Shanghai down 12, St.T UP 23 Points

GIFT Nifty UP 51 Points (22,140)

DOW futures UP 41 Points,

NASDAQ Futures UP 10 Points

Brent Crude UP 1% and trade near $84.25/bbl level

10 Year Bond yield set four - week lows

Dow closed more than 300 points higher

   Securing 7th winning day on FED Rate cut optimism

BoE kept its borrowing costs o hold at 5.25%

US Initial jobless claims rose to 231K

    for the week ended May 3

All eyes on....

GBP : GDP MoM

CAD : Unemployment Rate

USD : FOMC Member Bowman Speaks

USD : Prelim UoM Consumer Sentiment

USD : FOMC Member Barr Speaks

US Market Positive

Dow Jones UP 331 (+0.86%); NASDAQ UP 43 (+0.27%), S&P UP 26 (+0.51%)
European Market Positive
FTSE UP 27 (+0.33) CAC UP 56 (+0.69%) DAX UP 188 (+1.02%).
Asian Markets Positive

Domestic Events

Dollar Index UP 0.9% and near 105.32

Brent Crude UP 0.35% at $84.23/bbl levels,

Rupees down 1 Paisa to close at 83.51 against US$

Sector Watch :

OMCs, Insurance, Auto, Gold Fin., Infra

Sector Avoid

Banking, IT, Metal, Realty, NBFC

Indian Markets Trend--

Markets to bounce back,

With gap up opening in near term

Nifty-50 likely to cross 22000 & Sensex 72600 levels

Overall markets to remain voolatile during the session

Result related stocks to remain in focus

------

Primary Markets

Indegene IPO Subscribed 70.30x on Final Day

Adhar HF IPO Subscribed 1.56x on Day 2

TBO Tek IPO Subscribed 4.18x on Day 2

All Eyes on....

Q4FY24 Results....

ABB, Cipla, Tata Motors, Polycab, Aarti Ind.,

Dr. Lal Path, Bajaj Hind., Dilip Buildcon

INDIAN INDICES CLOSED ON 9-5-2024

Indices Closing Plus/Minus
Sensex 72,404.17 -1062.22
Nifty 50 21,957.50 -345.00
Nifty Bank 47,487.90 -533.20
Nifty Midcap 100 49,109.15 -927.15
Nifty Smallcap 100 15,995.70 -465.35
India VIX 18.20 1.12

Daily Level : 10-5-2024

Stocks Sup-1 Sup-2 Sup-3 Resi-1 Resi-2 Resi-3
Nifty 22052 22915 21867 22090 22229 22387
Bank Nifty 48180 47906 47633 48235 48455 48785
INFY 1444 1416 1387 1453 1481 1511
Tata Motors 1032 1016 1000 1040 1056 1074
M&M 2220 2186 2150 2232 2267 2304
 

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

Date Day Gross Purchase Gross Sale Net Purchase
6-5-2024 Monday 12598.23 14766.98 -2168.75
7-5-2024 Tuesday 13726.76 17395.60 -3668.84
8-5-2024 Wednesday 11984.54 18653.64 -6669.10
9-5-2024 Thursday 11353.03 18347.89 -6994.86

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

Date Day Gross Purchase Gross Sale Net Purchase
6-5-2024 Monday 13791.15 13009.76 781.39
7-5-2024 Tuesday 13202.80 10898.30 2304.50
8-5-2024 Wednesday 15333.26 9404.45 5928.81
9-5-2024 Thursday 16351.32 10708.79 5642.53

 
Most Buzzing Stocks

Stocks CMP Stocks CMP
ICICI Lombard 1661.00 Kennametal 2476.00
Share India 1697.00 CAMS 3096.00
Kajaria Ceramics 1184.00 Tata Motors 1030.00
BPCL 592.00 SBI 819.00
ICICI Prudential 538.00 HDFC Life 539.00
LIC 906.00 Quess Corp. 627.00
Max Fin. 966.00 Suryodaya SFB 202.00

Stock Watch

Stocks CMP Stocks CMP
TVS Motors 2063.00 Timken 3457.00
Reliance Ind. 2788.00 Kajaria Ceramics 1184.00
HUL 2324.00 Dixon Techno 8268.00

Fundamental Stocks

Stocks CMP Stocks CMP
Shyam Metal 567.00 PNC Infra 428.00
Nippon 575.00 UPL 466.00
Granules 395.00    

Technical Stocks

Stocks CMP Stocks CMP
Ajanta Pharma 2404.00 Cyient 1753.00
Biocon 298.00 SBI Life 1422.00
Dabur 552.00 Hindustan Zinc 456.00

Stock in Action

Stocks CMP Stocks CMP
Manappurm Fin. 165.00 Zomato 195.00
IOB 61.00 BOB 262.00
Ashok Leyland 194.00    

Sell Stocks for Today

Stocks CMP Stocks CMP
Mahanagar Gas 1329.00 Asian Paints 2710.00
Escorts 3443.00 Rain Ind. 160.00
M&M Fin. 252.00 Indusind Bank 1401.00
Bajaj Finance 6605.00 Gopal Snacks 343.00
VST Tillers 3443.00 NMDC 253.00
L&T Fin. 157.00    

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 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

2 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

3 Go Digit General Insurance

15-5-2024

to

17-5-2024

9,61,26,686 Shares

Rs 2614.65 Cr

258 to 272

FV Rs 10

55 Shares

Rs 14,960

BSE

&

NSE

ICICI Sec.,

Morgan Stanley,

Axis Capital, HDFC Bank,

IIFL Sec., Nuvama Wealth

 

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

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

Premier Roadlines

Limited

10-5-2024

to

14-5-2024

60,24,000 Shares

Rs 40.36 Cr

63 to 67

FV Rs 10

2000 Shares

Rs 1,34,000

NSE

SME

Hem Securities  
ABS Marine Services

10-5-2024

to

15-5-2024

65,50,000 Shares

Rs 96.29 Cr

140 to 147

FV Rs 10

1000 Shares

Rs 1,47,000

NSE

SME

GYR Capital  
Mandeep Auto Industries

13-5-2024

to

15-5-2024

37,68,000 Shares

Rs 25.25 Cr

67

FV Rs 10

2000 Shares

Rs 1,34,000

NSE

SME

Jawa Capital  
Veritaas Advertising

13-5-2024

to

15-5-2024

7,44,000 Shares

Rs 1,36,900

109 to 114

FV Rs 10

1200 Shares

Rs 1,36,800

NSE

SME

Horizon

Management

 
Indian Emulsifiers

13-5-2024

to

16-5-2024

32,11,000 Shares

Rs 42.39 Cr

125 to 132

1000 Shares

Rs 1,32,000

NSE

SME

Ekadrisht

Capital

 
Quest Laboratories

15-5-2024

to

17-5-2024

44,49,600 Shares

Rs 

- --

NSE

SME

Shreni Shares  

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

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

Aztec Fluids & Machinery

10-5-2024

to

14-5-2024

36,00,000 Shares

Rs 24.12 Cr

63 to 67

2000 Shares

Rs 1,34,000

BSE SME Hem Securities  
Piotex Industries

10-5-2024

to

14-5-2024

15,39,600 Shares

Rs 14.47 Cr

94

FV Rs 10

1200 Shares

Rs 1,12,800

BSE SME Beeline Capital  

 

 

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 Indegene Limited Main Line IPO 33 430 to 452 273 to 275 1,400 6,900
  Small HNI         2,500 95,000
  Big HNI         12,000 95,000
2 TBO Tek Main Line IPO 16 875 to 920 538 to 540   6,600
  Small HNI           92,000
  Big HNI         11,000 92,000
3 Aadhar Housing Finance Main Line IPO 47 300 to 315 53 to 54 1025 1,900
  Small HNI         2250 26,000
  Big HNI         12,400 26,000
4 Go Digit General Insurance Main Line IPO 55 258 to 272 48 to 50    

 

 

Grey Market Premium SME IPOs

           

Sr.

No.

(www.smartinvestment.in)

 

Min. Lot

Size (Shares)

Offer Price Premium

Kostak Price

(Minimum Appl. 

Subject to

Sauda

1 Slone Infosystems NSE SME 1600 79 44 to 45   55,000
2 Winsol Engineers NSE SME 1600 71 to 75 198 to 200   2,40,000
3 Refractory Shapes NSE SME 4000 27 to 31 17 to 18   55,000
4 Finelistings Technologies BSE SME 1000 123 19 to 20   16,000
5 Silkflex Polymers NSE SME 2000 52 11 to 12   18,000
6 TGIF Agribusiness BSE SME 1200 93 ---    
7 Energy Mission Machineries NSE SME 1000 131 to 138 138 to 140   1,05,000
8 Premier Roalines NSE SME 2000 63 to 67 9 to 10   16,000
9 Aztec Fluids & Machinery BSE SME 2000 63 to 67 34 to 35   52,000
10 Piotex Industries NSE SME 1200 94 20 to 22    
11 ABS Marine Services NSE SME 1000 140 to 147 90 to 92   70,000
12 Mandeep Auto Industries NSE SME 2000 67 10 to 11   20,000
13 Veritaas Advertising NSE SME 1200 109 to 114 59 to 60   55,000
14 Indian Emulsifier NSE SME 1000 125 to 132 195 to 200   1,50,000
15 Quest Laboratories NSE SME          

 

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 80,94,069 0.05x 5.45x 192.72x
HNI 60,70,552 4.25x 18.44x 55.91x
Retail 1,41,64,620 1.56x 3.94x 7.86x
Employee 2,96,209 1.41x 3.40x 6.62x
Total 4,07,66,552 1.70x 7.44x 70.30x

Subscription Figure of TBO Tek Limited Main Line IPO

Investor

Category

Shares

Offered

1st Day

Subscribed

8-5-2024

2nd Day

Subscribed

9-5-2024

3rd Day

Subscribed

10-5-2024

QIB 50,47,204 0.01x 0.17x -
HNI 25,23,602 2.11x 8.21x -
Retail 16,82,401 3.38x 10.14x -
Employee 32,609 2.36x 6.63x -
Total 1,68,56,623 1.20x 4.18x -

Subscription Figure of Aadhar Housing Finance Limited

Investor

Category

Shares

Offered

1st Day

Subscribed

8-5-2024

2nd Day

Subscribed

9-5-2024

3rd Day

Subscribed

10-5-2024

QIB 2,85,04,761 0.35x 2.15x -
HNI 1,42,52,381 0.63x 2.04x -
Retail 3,32,55,556 0.45x 1.00x -
Employee 2,39,726 2.20x 3.80x -
Total 9,52,55,600 0.47x 1.56x -

 

 
Subscription Figure of SME IPO's
IPO SME Day Overall Subscribed
Slone Infosystems NSE SME Issue Closed on 7-5-2024 667.81x
Winsol Engineers NSE SME Issue Closed on 9-5-2024 682.14x
Refractory Shapes NSE SME Issue Closed on 9-5-2024 255.08x
Finelistings Technologies BSE SME Issue Closed on 9-5-2024 37.44x
Silkflex Polymers (India) NSE SME 3rd Day Subscribed 4.82x
TGIF Agribusiness BSE SME 2nd Day Subscribed 4.15x
Energy Mission Machineries NSE SME 1st Day Subscribed 7.17x
Premier Roadlines Limited NSE SME Issue Opens on 10-5-2024  
Aztec Fluids & Machinery BSE SME Issue Opens on 10-5-2024  
Piotex Industries BSE SME Issue Opens on 10-5-2024  
ABS Marine Services NSE SME Issue Opens on 10-5-2024  
Mandeep Auto Industries NSE SME Issue Opens on 13-5-2024  
Veritaas Advertising NSE SME Issue Opens on 13-5-2024  
Indian Emulsifiers NSE SME Issue Opens on 13-5-2024  
Quest Laboratories NSE SME Issue Opens on 15-5-2024  

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
Go Digit General Insurance IPO 17-5-24 21-5-24 22-5-24 22-5-24 23-5-24

Important Date of Current SME Issues

IPOs Name IPO

Closes Date

Basis of

Allotment

Refund /

Unblock

Amount

Credit of

Shares

To Demat

Listing

Date

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
Premier Roadlines Limited NSE SME 14-5-24 15-5-24 16-5-24 16-5-24 17-5-24
Aztec Fluids & Machinery BSE SME 14-5-24 15-5-24 16-5-24 16-5-24 17-5-24
Piotex Industries BSE SME 14-5-24 15-5-24 16-5-24 16-5-24 17-5-24
ABS Marine Services NSE SME 15-5-24 16-5-24 17-5-24 17-5-24 21-5-24
Mandeep Auto Industries NSE SME 15-5-24 16-5-24 17-5-24 17-5-24 21-5-24
Veritaas Advertising NSE SME 15-5-24 16-5-24 17-5-24 17-5-24 21-5-24
Indian Emulsifiers NSE SME 16-5-24 17-5-24 20-5-24 20-5-24 22-5-24
Quest Laboratories NSE SME 17-5-24 21-5-24 22-5-24 22-5-24 23-5-24

(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

Storage Technologies BSE SME 8-5-2024 544171 78.00 148.20 155.59 148.20 153.05
Amkay Products BSE SME 8-5-2024 544169 55.00 104.50 109.72 104.50 109.72
Sai Swami Metals & Alloys BSE SME 8-5-2024 544170 60 114.00 119.70 114.00 119.70
Slone Infosystems NSE SME 10-5-2024 SLONE 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        
Premier Roadlines Limited NSE SME 17-5-2024   63 to 67        
Aztec Fluids & Machinery BSE SME 17-5-2024   63 to 67        
Piotex Industries BSE SME 17-5-2024   94        
ABS Marine Services NSE SME 21-5-2024   140 to 147        
Mandeep Auto Industries NSE SME 21-5-2024   67        
Veritaas Advertising NSE SME 21-5-2024   109 to 114        
Indian Emulsifiers NSE SME 22-5-2024   125 to 132        
Quest Laboratories NSE SME 23-5-2024   -        
Go Digit General Insurance IPO 23-5-2024   258 to 272        

NCDs Issue

Sr.

No.

Issue Name

Open Date

&

Close Date

Issue Size

Price

Face Value

Min.

Application

Listing

Rating Tenor Recommendation
1

Muthoot Mercantile

6-5-2024

to

17-5-2024

Base Issue Size Rs 50 Cr

Oversubscription Rs 50 Cr

Overall Size : Rs 100 Cr

1000 Per NCD

FV Rs 1000

10 NCD

Rs 10,000

BSE

IND BBB/Stable

by

India Rating & Research

367 Days,

18,24,36,60,75

Months

 



Subscription figure of Muthoot Mercantile NCDs Issue

Category

No. of Bonds

Offered/ Reserved

No. of Times

Subscribed

9-5-2024

Institutional 50,000 0.00x
Non Institutional 2,00,000 0.74x
Retail 2,50,000 1.02x
Total 5,00,000 0.81x

 

Rights Issue

Sr. No. Issue Name

Open Date & Close Date

Issue Size Price

Entitlement

Terms of Payment Recommendation
1 Sakuma Exports

25-4-2024

to

24-5-2024

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
2 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

3 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

4 Ashapuri Gold Ornament

8-5-2024

to

27-5-2024

8,33,28,666 Shares

Rs 48.75 Cr

5.85

FV Rs 1

1 Rights shares for every

3 Eq. shares held on

Record date : 18-4-2024

Full amount payable

at the time of Application

 
4 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