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Showing posts from 2021

Exxaro tiles IPO review.

 Conclusion / Investment Strategy The company is in the highly competitive field having fragmented (big and small) players. Based on super earnings of FY21, the issue is at a P/E of 35+ and is fully priced. Being IPO under Rs. 250 cr. it will list in T2T with lower circuit limits and this may restrict speculative moves. Hence cash surplus/risk seekers may consider investing in this a “high risk - low return issue. ABOUT COMPANY: Exxaro Tiles Ltd. (ETL) is engaged in the manufacturing and marketing of vitrified tiles used for flooring solutions. Having started its operation in the manufacturing of frits, over the years it diversified and expanded to its current status. It manufactures broadly two products i.e. double charge vitrified tiles and glazed vitrified tiles. Its product basket has 1000+ designs and it is sold under its own brand "Exxaro". As of the date of filing its RHP, it had 2000+ registered dealers across 24 states/union territories with PAN India presence. It is...

List of upcoming IPOs in market

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Some of these companies have announced their subscription date and size of IPO. Some haven't as the company updates, you will get the information.  

Review of Windlas Biotech IPO.

 IPO is looking good Some positive of companies are The company is among top 5 players in domestic pharmaceutical formulation contract development and manufacturing organization(CDMO). The projected growth of CDMO is 14% from Fy 20 to Fy25 as per CRISIL.com Earning and profits are positive in the last three financials Debt to Equity ratio is 0.157 which is not bad. No listed peers in NSE/BSE. Cash flow from operation is positive in last three financials though net cash flow in FY21 is negative but enjoys positive net cash flow in FY20 & FY19 Keep one thing in mind that see how many times it is subscribed if subscription is in good numbers you may go for it, it may or may not give listing gains. Company can do good in upcoming years. This is just my view I am not a sebi registered agent.  Comment below if you have any questions or suggestions...

Drishyam 2 review

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 Rating 9/10 This movie is next part of movie drishyam in malyalam language. Actually the hindi verson of movie in which Ajay Devgan played lead role was remake of orginal movie in Malayalam. So if you haven't watched the first movie drishyam the link is given below. https://youtu.be/mW0G9W4ZE1c Drishyam 2 start from where the 1 part was left. we see that people who used to love Geroge Kutty are now against him and police is also searching the case again. Drishyam 2 start with slow sequence but every detail mentioned in starting add a lot of sense in climax of movie. Climax is in last 30 minutes of the movie and it is outstanding. As always Mohanlal sir has done a great job in movie his acting is outstanding and every other actors also done a great job. Movie is so relatable to first part because the actors are same in both movies even after 7 year of first movie. The main hero of movie is not any character but the story itself is its key part. Only problem you may face that the mo...

MX player Chakravyuh web series review

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 Rating : 6/10 This web series is a crime thriller and somewhere it is related to cybercrime. Of you are watching it, It has a lot of adult scene and abusive language so better to watch it alone. Web series start with a slow phase and as you go in next episodes it get on track but problem is Story is little bit predictable and actors have done a average job, no one has done any outstanding work. The biggest issue is sound mixing of whole series and voice of lead actor Prateik Babbar named as Vikrar. Eventually Prateik's body look good in inspector role but acting is average. There are twist and turns in series but the direction is like this that they are not presented properly. If you have been watching crime thriller movies or series then it might not work for you but if are watching this type of content first time then it is a good one time watch as it is available free at MX Player. Conclusion - Story of web series is good but the direction is not done in good manner and actors ...