Posts

Devyani International Limited IPO Details

Image
Devyani International Limited IPO The details of the Devyani International Limited IPO is tabulated below Tentative important dated of Devyani International IPO Basic Details Of Devyani International Limited Incorporated in 1991, Devyani International Ltd is the largest franchisee of Yum Brands and among the largest quick-service restaurants (QSR) chain operators in India with 655 stores across 155 cities all over the country as of Mar 31, 2021. Yum Brands Inc operates many fast food brands i.e. Pizza Hut, KFC, and Taco Bell brands. It operates 3 business verticals;  Core Brands (KFC, Pizza Hut, and Costa Coffee stores in India) International Business (stores in foreign countries i.e. Nepal and Nigeria) Other Businesses (own branded stores i.e. Vaango, Food Street, Masala Twist, Ile Bar, Amreli, and Ckrussh Juice Bar) Initially, the business started with a Pizza Hut store in Jaipur but subsequently expanded operations in both KFC and Pizza hut, as of March 31, 2021, it operates 264 KFC

Rolex Rings IPO Details and Grey Market premium (GMP)

Image
Rolex Rings IPO Details and Its GMP The IPO opened for subscription on July 28, 2021 and had set its close date for July 30, 2021. The Details of IPO are as below Important Dates Rolex Rings IPO Lot Size The Rolex Rings IPO has a lot size of 16 shares. A retail-individual investor can apply for up to 13 lots (208 shares or ₹1,87,200) Company Details Rolex Rolled Rings was established in the year 2003, Rolex Rings is among the top five forging companies in India. The company manufactures hot rolled forged & machine bearing rings and automotive components that are used across segments i.e. passenger vehicles, 2-wheelers, commercial vehicles, electric vehicles, off-highway vehicles, industrial machinery, wind turbines, railways, etc. A wide range of product offerings such as automotive parts, hot forged and machined alloy steel bearing rings weighing from 0.01 Kg to 163+ kg caters to different industries i.e. automotive, industrial infrastructure, railways, renewable energy, etc. The

Important Financial Ratios Every Investor Should Know - Part 2

Image
There are many important factors and ratios that need to be focused while investing in any stocks. And in this article we are going to learn about the some important ratios which are widely used to analyse the stocks If you have not read Part -1 of this article then Click Here Earnings Per Share (EPS) In Simple words, this ratio shows how much money earns a single share of a given company. Now, let’s understand in detail. EPS shows the net income that a company’s common stock has generated over the past one year.  Please note that preferred shares are not included. Also, the number of common stock may and will change during the year. However, the official website of the company will give you very accurate and precise information. EPS=Net income/Average Outstanding Shares For example, a company has generated net earnings of Rs.10,000 and has 500 shares. Then the EPS is 20 (10000/500). Dividend Yield If a company has generated some profit, it distributes part of it to its shareholders i

Important Financial Ratios Every Investor Should Know - Part 1

Image
There are many important factors and ratios that need to be focused while investing in any stocks.  And today we are going to learn about the some important ratios which are widely used to analyse the stocks 1. P/E Ratio - Price to Earning Ratio As in formula says it is the ratio of the current share price to the earning of the company per share. Now you may be thinking that what is this Earning per share - EPS. let us understand EPS with an example, Company A has an overall earning of  Rs. 10,00,000 and there are 2,000 shares in market.  Then, EPS = 10,00,000/2,000 = 500 And further if the company A's shares are trading at Rs. 10,000 presently then P/E ratio will be P/E Ratio = 10,000/500 = 20 In very simple language P/E ratio says in above condiation is that you are paying Rs. 20 to earn Rs. 1 from the Company. 2. ROE Ratio - Return On Equity Ratio As the formula says ROE is a measure of the rate of return on the stock of a company. In other words, it tells investors how good the

Wipro Share Returns In Last 40 years

Image
WIPRO Wipro Limited is an Indian multinational corporation that provides information technology, consulting and business process services. It is headquartered in Bangalore, Karnataka, India. In 2013, Wipro separated its non-IT businesses and formed the privately owned Wipro Enterprises. The company was incorporated on 29 December 1945 in Amalner, Maharashtra by Mohamed Premji as "Western India Palm Refined Oil Limited" , later abbreviated to "Wipro" . It was initially set up as a manufacturer of vegetable and refined oils in Amalner, Maharashtra, British India, under the trade names of Kisan, Sunflower, and Camel. In 1966, after Mohamed Premji's death, his son Azim Premji took over Wipro as its chairman at the age of 21. Azim Premji - Image source Google Images During the 1970s and 1980s, the company shifted its focus to new opportunities in the I T and computing industry .  On 7 June 1977, the name of the company changed from Western India Vegetable Products

Employees Pension Scheme

Image
Employees Pension Scheme - EPS What It Is? EPS is operated by the Employees’ Provident Fund Organization or EPFO, the Employees Pension scheme aims to provide pension to the employees of the organized category. Employees who have continuous contributory membership of EPF for 10 years can be beneficiaries under this scheme.  The scheme starts generating the monthly pensions once the beneficiary reaches the retirement age of 58. Background of EPS The Employees Pension Scheme or the EPF pension scheme was launched in the year 1995. The beneficiaries of the Miscellaneous Provision Act of 1952 and the Employees Provident Fund automatically fall under the eligibility list of the EPS scheme.  Unlike the contribution in EPF, the pension contribution in EPF is not shared by the employees and employers. Only 8.33% from the employers’ share of 12% goes to EPS pension (Max - 1250 rs). Who is Eligible to Obtain Benefits of EPS? He should be a member of EPFO He should have completed 10 years of serv

Which Small Finance Bank Is Providing 7.5% Interest on Fixed Deposit

Image
Small Finance Bank Fixed Deposits What are Small Finance banks? Small Finance Banks is a specific segment of banking created by RBI under the guidance of Government of India with an objective of furthering financial inclusion by primarily undertaking basic banking activities to un-served and under-served sections including small business units, small and marginal farmers, micro and small industries and unorganized entities. Like other commercial banks, these banks can undertake all basic banking activities including lending and taking deposits. After Covid-19 pandemic all Public sector banks and Private banks have reduced their interest rates on FD's drastically, hence senior citizens and others who depend on earnings from FD's interest are facing lots of problems. They are looking for an alternate option to invest and earn higher interest rates, For them these Small fiance banks may be a good option. Which Small Finance Bank is offering Highest Interest Rate  In below table we