These IPOs with connections to Jhunjhunwala and Ambani are eyeing the market

Trade Nivesh The last two years have been very sluggish for the primary market. In such a situation, investors are waiting for IPOs of many well-known companies. These companies range from industrialists like Mukesh Ambani to investors like Rakesh Jhunjhunwala and cricketers like Mahendra Singh Dhoni.




Experts say that there is a lot of buzz in the stock market regarding these companies. These companies can present their issue. Investors are investing in these stocks to scrutinize hidden volumes through unlisted markets.

The balance sheet of these companies is quite solid and the financial position is also strong. This is the reason for interest in these stocks. ET markets have brought some such well-known companies, which are making headlines in the unlisted market. It may launch its IPO in the next 18 months: Trade Nivesh 


| HDB Financial Services (HDBFS) | Current Price: Rs 1,050 |

This HDFC group company has achieved a different position in the NBFC market. This stock has a lot of name in the market. Started in the year 2008, this NBFC is full of retail and commercial customers. Its business loans, BPO services and fee based products are its strengths.




The company's base is quite strong. The company's long-term debt and bank facility has an AAA rating from CRISIL and CARE ratings. Its short-term debt and commercial papers have been given A1 + rating. It is a reliable financial institution.

Experts advise: Sagar Shah of Ascent Wealth Advisors believes that this company can prove to be a good bet in the NBFC sector. Despite expensive valuations, the company has the potential to register good growth. Its balance sheet is attractive.

Shah said, "People are buying this stock from the unlisted market at a much higher price because its IPO is expected to be subscribed for many times. In such a situation, they can profit from this share at the time of listing."

| Najara Technologies | Current Price: Rs 650 |
Mumbai-based Najara Technologies makes mobile-based games. The company is active in India, East Asia, Africa, Southeast Asia and Latin America. The company is active in the subscription, freemium and eSports businesses.

It also has two associate companies - Next Wave Multimedia and NodeWin Gaming. Legendary investor Rakesh Jhunjhunwala also has a stake in this company. Its major games include World Cricket Championship, Chhota Bheem Race and Mota-Patlu Game.

Experts advice: Dinesh Gupta of UnlistedZone believes that recently the company has lost some attraction. The company has been very aggressive in acquiring. It has recently acquired quiz app Sports Unity.

| Tamilnad Mercantile Bank (TMB) | Current Price: Rs 600 |
This bank was earlier also known as Nadar Bank. The bank has a network of 500 branches and also has 12 regional offices across India. All banks are computerized and interlinked. This bank coming from South India has its presence all over India.

Experts' advice: Experts have a mixed opinion on this stock. According to Sandeep Ginodia of Abhishek Securities, the stock is available at 1.25 times its book value. Due to its strong loan book, there are high expectations from it.

However, Dinesh Gupta of Unlisted Zone has a different opinion. They believe that the recent events in Yes Bank and RBL Bank may have given a blow to this bank. There are better options available in the market.

| Reliance Retail | Current Price: Rs 600 |
Reliance Retail is the largest retail company in India. The Mukesh Ambani-led company operates through Reliance Fresh, Reliance Smart, Reliance Market Store, Reliance Digital, Mini Express Stores and Jio Stores. Its total turnover is 1.3 lakh crores.

The company also runs a webstore named Reliance Trends, Reliance Women, Reliance Jules, Reliance Footprint and Azio (Ajio). According to the data as on 31 March 2019, this unit of Reliance Industries has 10,415 stores in 6,600 cities and towns across the country with a total area of ​​more than 22 lakh sqft.


Expert advice: Sagar Shah of Ascent Wealth believes that the stock price is much higher than its rival Avenue Supermarts. Reliance does business on a very large scale, in which there is always pressure on margins.

Shah said, "The promoter of the company is very strong and retail congestion in India will benefit immensely." Both Shah and Ginodia called the stock a great option in the long run.

| Studs Accessories | Current Price: Rs 700 |
Studs is one of the world's largest two-wheel helmet manufacturers. It has a market share of 25 percent in India. The company was started in the year 1983. Both production units of the company are located in Faridabad, Haryana, spread over six acres of land.

The company's products go to 39 countries. In the last three years, the company has launched 36 new products in seven sizes. The company also manufactures items such as jackets, gloves and glass for two-wheelers. The company has filed an IPO petition after Sebi.

Experts advice: Gupta believes that this company will benefit the most from the new Motor Vehicles Act. The demand for helmets is very high in the market and the company has the largest market share. Heavy fines are also being imposed on non-ISO recognized helmet producers.

| Chennai Super Kings | Current Price: Rs 30 |

The shares of Chennai Super Kings are gaining a lot of headlines amid reports of former India captain Mahendra Singh Dhoni's retirement. This team has won the IPL title three times. The stock, which ranged between Rs 12 and 15 in 22 months, had achieved a level of Rs 30-35 by mid-April.

Experts' advice: Both Ginodia and Shah find this stock quite attractive. According to Ginodia, the company's tax-after-profit (PAT) estimates for FY 2018-19 were favorable. However, Shah believes that brand value may decrease after Dhoni's departure, but the stock is good right now.

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