Category: Finance

  • How to apply for diners club credit card

    How to apply for diners club credit card

    Diners Club International, often referred to as Diners Club, is a globally recognized brand known for its prestigious credit card offerings. Diners Club credit cards provide various benefits, including travel rewards, exclusive privileges, and acceptance at a wide range of merchants worldwide. If you’re interested in obtaining a Diners Club credit card, this comprehensive guide will walk you through the application process, eligibility requirements, and the key features of Diners Club credit cards.

    Understanding Diners Club Credit Cards

    A Brief History of Diners Club: Diners Club International was founded in 1950 by Frank McNamara, who came up with the idea for the card while dining at a restaurant in New York City. It was the world’s first independent credit card company, and it quickly gained popularity as a convenient way to pay for meals and entertainment. Today, Diners Club is part of Discover Financial Services and offers a range of credit cards tailored to different lifestyles and preferences.

    Key Features and Benefits:

    Diners Club credit cards are known for their exclusive benefits, including:

    • Global Acceptance: Diners Club cards are widely accepted at millions of locations worldwide, including hotels, restaurants, and retail outlets.
    • Rewards Programs: Many Diners Club cards offer rewards programs that allow cardholders to earn points or miles for every purchase. These rewards can be redeemed for travel, merchandise, or statement credits.
    • Airport Lounge Access: Some Diners Club cards provide access to airport lounges, making travel more comfortable and enjoyable.
    • Travel Insurance: Cardholders often receive travel insurance coverage, including trip cancellation, rental car insurance, and emergency assistance services.
    • Concierge Services: Diners Club cards offer concierge services to help with travel arrangements, restaurant reservations, and more.

    Types of Diners Club Credit Cards

    Diners Club offers two main types of credit cards: charge cards and credit cards. Here’s an overview of each:

    Diners Club Charge Cards:

    • Charge cards require the cardholder to pay the balance in full each month.
    • They typically have no preset spending limit.
    • Charge cards do not charge interest on balances, as they are expected to be paid in full.
    • Cardholders may incur late fees if they fail to pay the full balance by the due date.
    • Diners Club Charge cards are well-suited for those who prefer to pay their balances in full and want the flexibility of no preset spending limit.

    Diners Club Credit Cards:

    • Diners Club also offers credit cards that allow cardholders to carry a balance from month to month.
    • These cards come with credit limits, and cardholders can choose to pay the minimum amount due or the full balance.
    • Interest charges apply to outstanding balances on credit cards.
    • Diners Club Credit cards are suitable for those who may need to carry a balance occasionally and want the convenience of making monthly payments.

    When applying for a Diners Club credit card, you can choose between these two types based on your financial preferences and needs.

    Eligibility Criteria for Diners Club Credit Cards

    Before applying for a Diners Club credit card, it’s essential to understand the eligibility criteria. Meeting these requirements increases your chances of approval:

    Age Requirements:

    • You must be at least 18 years old to apply for a Diners Club credit card. Some countries may have higher age requirements, so be sure to check the specific rules in your region.

    Income and Credit Score:

    • Diners Club typically requires applicants to have a minimum annual income to qualify for their cards. The income requirement may vary by card type and country.
    • A good credit score is crucial for approval. Diners Club reviews your credit history to assess your creditworthiness. A strong credit score enhances your chances of getting approved for a Diners Club credit card.

    Steps to Apply for a Diners Club Credit Card

    Now, let’s walk through the steps to apply for a Diners Club credit card:

    Step 1: Research and Choose the Right Card:

    • Visit the official Diners Club website or contact Diners Club customer service to explore the available credit cards.
    • Compare the features, benefits, and fees associated with each card to find the one that best suits your needs and lifestyle.

    Step 2: Gather Required Documents:

    • Ensure you have the necessary documents to complete your application. Common requirements include proof of identity (such as a passport or driver’s license), proof of income (such as pay stubs or tax returns), and your Social Security number or equivalent identification.

    Step 3: Online Application:

    • Visit the Diners Club website or use their official mobile app to start the online application process.
    • Fill out the application form with accurate personal and financial information. Be thorough and ensure all details are correct.

    Step 4: Application Review:

    • After submitting your application, Diners Club will review your credit history, income, and other factors to determine your eligibility.
    • The review process may take some time, and you may be contacted for additional information or clarification.

    Step 5: Card Activation:

    • Once your application is approved, you will receive your Diners Club credit card by mail.
    • Activate your card following the instructions provided by Diners Club. Typically, you’ll need to call a designated phone number or visit the card activation website.

    After activation, you can start using your Diners Club credit card for purchases, travel, and more.

    Managing Your Diners Club Credit Card Account

    After successfully obtaining a Diners Club credit card, it’s essential to manage your account effectively. Here are some key aspects of managing your Diners Club credit card account:

    Making Payments:

    • Pay your credit card bill on time to avoid late fees and interest charges. You can make payments online, through the Diners Club mobile app, or by mail.

    Checking Your Statements:

    • Regularly review your monthly credit card statements to track your expenses, verify transactions, and identify any unauthorized charges.

    Cardholder Services:

    • Take advantage of Diners Club’s cardholder services, such as customer support, online account management, and mobile app features.

    Frequently Asked Questions (FAQs)

    1. How long does it take to get approved for a Diners Club credit card?

    • The approval process can vary depending on factors like your credit history, income verification, and the specific Diners Club card you’re applying for. In some cases, you may receive a decision within a few days, while others may take longer.

    2. What credit score is needed for a Diners Club credit card?

    • Diners Club typically requires a good to excellent credit score for approval. A FICO credit score of 700 or higher is often considered a strong candidate for their credit cards.

    3. How do I redeem Diners Club rewards points?

    • Diners Club offers various ways to redeem rewards points, including travel, merchandise, gift cards, and statement credits. Log in to your Diners Club account online or use their mobile app to access your rewards and redemption options.

    4. Can I use my Diners Club card internationally?

    • Yes, Diners Club credit cards are widely accepted internationally. You can use your card at millions of locations worldwide that display the Diners Club logo.

    Conclusion

    Applying for a Diners Club credit card opens the door to a world of exclusive benefits and privileges, making it an attractive choice for many consumers. By following the steps outlined in this comprehensive guide, you can navigate the application process with confidence, understand the eligibility requirements, and manage your Diners Club credit card effectively once you’re approved. Whether you’re seeking travel rewards, financial flexibility, or access to exclusive offers, a Diners Club credit card can help you achieve your financial goals and enhance your lifestyle.

  • How to trade in roblox in 2023

    How to trade in roblox in 2023

    Roblox, a popular online platform that allows users to create and play games, has a thriving economy where players can trade virtual items. Whether you’re a seasoned trader or just starting out, understanding the nuances of Roblox trading can be crucial for success. In this comprehensive guide, we will delve into the world of Roblox trading, covering strategies, tips, and best practices to help you navigate this dynamic marketplace.

    Getting Started with Roblox Trading

    Understanding the Roblox Economy

    1. Robux and its Role
    2. Limited and LimitedU items
    3. Builders Club membership and its perks

    Setting Up Your Account for Trading

    1. Verifying your account
    2. Activating Two-Step Verification
    3. Joining trading communities and forums

    Types of Roblox Items for Trading

    A. Collectibles and Accessories

    1. Hats and Gear
    2. Faces and Heads
    3. Shirts, Pants, and Accessories

    B. Limited and LimitedU Items

    1. Understanding rarity and demand
    2. Identifying valuable Limited items
    3. Historical significance of LimitedU items

    C. Virtual Currency

    1. Robux trading and its implications
    2. Understanding Roblox Premium

    Strategies for Successful Roblox Trading

    A. Research and Market Analysis

    1. Utilizing Roblox trading websites and platforms
    2. Analyzing trends and historical data
    3. Identifying potential investment opportunities

    B. Risk Management and Diversification

    1. Setting trading goals and budget
    2. Spreading investments across different item types
    3. Avoiding high-risk trades

    C. Building a Reputation and Network

    1. Establishing trust through transparent transactions
    2. Participating in trading communities and forums
    3. Collaborating with reputable traders

    Executing a Trade on Roblox or How to trade in roblox

    Learn how to trade in Roblox effectively by first verifying your account and activating Two-Step Verification for security. Understand the significance of Robux and Limited/LimitedU items. Conduct thorough market research using specialized platforms, and set clear trading goals and budget limits.

    A. Initiating a Trade

    1. Sending trade requests
    2. Verifying the trade offer

    B. Negotiation and Communication

    1. Effective communication skills
    2. Bargaining and finding mutual benefits
    3. Handling disagreements and disputes

    C. Completing the Trade

    1. Confirming the trade
    2. Double-checking the items involved
    3. Leaving feedback and reviews

    Advanced Trading Techniques

    A. Flipping and Speculating

    1. Identifying short-term opportunities
    2. Analyzing market sentiment
    3. Mitigating risks in speculative trades

    B. Cross-Trading and Cross-Platform Trading

    1. Understanding cross-trading etiquette
    2. Navigating cross-platform trading platforms

    C. Investing in Limited Edition Events and Promotions

    1. Evaluating the potential value of event items
    2. Predicting future demand trends

    Avoiding Scams and Protecting Your Investments

    A. Recognizing Common Scams in Roblox Trading

    1. Impersonation scams
    2. Middleman scams
    3. Fake item scams

    B. Implementing Security Measures

    1. Utilizing Two-Step Verification
    2. Avoiding suspicious links and websites
    3. Reporting suspicious behavior to Roblox Support

    Advanced Trading Techniques

    A. Flipping and Speculating

    1. Identifying Short-Term Opportunities
      • Keep an eye on rapidly changing market conditions, such as sudden surges in demand for specific items. Take advantage of short-lived price disparities to buy low and sell high.
    2. Analyzing Market Sentiment
      • Monitor trading forums, social media, and community discussions to gauge the sentiment of the Roblox trading community. This can provide valuable insights into potential market movements.
    3. Mitigating Risks in Speculative Trades
      • Set clear exit strategies and stop-loss points for speculative trades. Avoid risking a significant portion of your portfolio on high-risk ventures and always be prepared for unforeseen market changes.

    B. Cross-Trading and Cross-Platform Trading

    1. Understanding Cross-Trading Etiquette
      • When engaging in cross-trading (trading Robux for items from a different platform), establish clear terms and ensure both parties are comfortable with the trade. Use reputable middlemen for added security.
    2. Navigating Cross-Platform Trading Platforms
      • Familiarize yourself with platforms that facilitate cross-trading between Roblox and other virtual worlds. Ensure the platform has safeguards in place to protect both buyers and sellers.

    C. Investing in Limited Edition Events and Promotions

    1. Evaluating the Potential Value of Event Items
      • Research past event items and their post-event market performance. Consider factors like rarity, design, and popularity of the associated game when assessing investment potential.
    2. Predicting Future Demand Trends
      • Stay informed about upcoming events and promotions within the Roblox ecosystem. Anticipate how these events might impact the demand for associated items and plan your investments accordingly.

    Conclusion

    Roblox trading offers a dynamic and exciting way to engage with the platform’s economy. By understanding the intricacies of trading, conducting thorough research, and practicing effective communication, you can navigate this virtual marketplace with confidence. Remember, success in Roblox trading requires patience, diligence, and a commitment to continuous learning. Happy trading!

  • Nazara Technologies IPO Allotment status:Follow this to check

    Nazara Technologies IPO Allotment status:Follow this to check

    Nazara Technologies Ipo allotment status? You are searching for the status of your application for the ipo. Then the ipo allotment status check date is 24th march 2021, You can check your allotment status by following steps or procedure :

    How to check your Nazara tech IPO Allotment status in Linkintiem?

    •    Step 1: Browse the website and by simply clicking on the given link here.

    •    Step 2: Now, go to the “Recent IPOs” tab.

    •    Step 3: In the company’s IPO section, choose IPO allotment status.

    •    Step 4: For inquiry of a query, enter your details. Here, you will have to enter your application number, PAN card number as well as client ID.

    •    Step 5: When you have done with the previous steps without any interruption, you have to enter the type of your application. This means you have to fill either it is of ASBA type or non-ASBA one.

    •    Step 6: After it, enter your application number and verify that you are not any robot by just entering the CAPTCHA code given at the end of this form.

    •    Step 7: Now, click on the submit button given below the form.

    •    Step 8: The system will automatically display the output whether you have got any allotment or not.

    Nazara tech ipo Allotment status You can check Now : Follow this instructions –

    You can follow this steps to check your Nazara Technologies IPO Allotment in Bse allotment page by following Instructions :

    •    Step 1: Go to the “Allotment Section” of the Bombay Stock Exchange by clicking here.

    •    Step 2: Now, select the type of issue about which you want to know the instructions.

    •    Step 3: After this, select the name of the issue as IPO.

    •    Step 4: After doing this, carefully enter the application number that you had received from your client.

    •    Step 5: Then enter the PAN card number of the investor who applied for this.

    •    Step 6: When you have done all these steps, enter the CAPTCHA code shown on the screen for verifying that you are not a robot.

    •    Step 7: Now, click on the ‘SUBMIT’ button.

    •    Step 8: The system will show the results of your IPO allotment status.

    Nazara technologies Company Analysis :

    Let’s talk about some games which you play on your phone like subway surfers, candy crush etc. Now would you buy the shares of the company making these games, which brings us to the upcoming IPO which is an interesting one named Nzara Technologies who develop games. Another interesting fact is that one of India’s biggest investors, Rakesh Jhunjhunwala has a stake in the company. Let’s talk about the Nazara Technologies IPO Allotment company’s business, industry soo that you can make an informed decision.

    Incorporation :

    Nazara Tech was incorporated in 1999 and is the leading gaming companies of India and provides different mobile gaming and esports to its customers. The company is spread across the world in countries like Middle East and Latin America too.

    Now, what is esports? 2 professionals or teams play the same sport at the same time and challenge each other. The company has a major market share in esports streaming and on-demand esports. Some of the famous esport games in India are carrom clash, world cricket championship.Nazara Technologies IPO Allotment : Rakesh Jhunjhunwala has 10.8% stake in the company and is not selling his stake in the IPO. Monthly active users are very important for any gaming company and what are these It is the number of users that visited the app and played different games.

    If we talk about Nazara Tech, their MAU base is more than 57 million and how their games are extensively used. Let’s now talk about the segment-wise revenue the company generates. As you can see the different segments under which Nazara Tech has operations Like gamified early learning, esports, telco subscription, freemium and real money gaming. The total revenue was 2000 million till Sept 2020 and the largest share was from gamified early learning which contributes 39% to the total revenue of the company. esports at 31.78% nazara tech ipo allotment date, telco subscription at 21.33% Till the last year, their major revenue contributor was esports at 34% and telco at 33% meaning recently the revenue from gamified early learning has risen quite high.

    Nazara technologies IPO Company Revenue Analysis :

    Let’s now talk revenue in terms of geography. If we see, North America has given the major chunk of revenues till Sept 30, 2020, which is 41.64% contribution to the total revenue From India, 41.15%. Till the last year, major revenue came from India at 59% and was only 12.91%from North America and in today’s time the company has generated more revenue from other countries.

    Let’s now talk about the whole industry and compare it with the world’s movie and music industry. In 2017, the gaming industry was 116 billion USD, which is now at 157.5 billion USD. This industry has taken a huge leap over music and movie industry allotment status for nazara technologies , the movie segment at 39.8 billion USD and the music segment at 57 billion USD and this was a comparison of gaming industry to the world’s movie and music segment. An interesting comparison between the Indian gaming industry to Bollywood. As of 2020, the total gaming segment is 1.5 billion USD and Bollywood at 0.9 billion USD And if we see the expectation for 2023, the gaming industry would be at 3.5 billion USD and would get doubled as per the research report.

    Financial Analysis for Nazara technologies Ipo :

    Let’s now talk about the financials and compare the revenue and profits of the company. If we see 2018, the total revenue was 181.94 Cr, 2019 was 186 Cr and the profit rises from 1 Cr to 6 Cr. The revenue jumps to 262 Cr in 2020 but profit falls to -26 Cr. If I speak till Sept 30, 2020 the company has booked 207 Cr in revenue and profit at -10.1 Cr. The operating profit margin of the company is -2.94% meaning the expenses are more than the revenue. The net profit is the subtraction of expenses from revenue and is at -4.88% currently. The market cap at which the company wants to list itself is 6200 Cr and since the company is loss-making we cannot talk about the PE ratio, lets see the PB ratio which is at 10 and price to sales ratio is important for online companies meaning how much price do you pay for a sale. The price to sales for the company is 30 and the company is completely debt-free.

    Advantages of Nazara Tech ipo :

    Let’s start with pros of investing,

    • The first pro comes across as the whole gaming industry, there are 3 reasons which can be seen as positives for the industry First being smartphone penetration Nazara Technologies IPO Allotment, their has been a huge amount of penetration due to the falling prices of smartphones from which the gaming industry saw a growth and if it continues to grow, the gaming industry would have a direct advantage.
    • The second being the speed of the internet, which has increased with the data charges reduced the industry has benefited and in turn the company has and will and most of the games need internet due to the multiplayer facility and the speed of internet has directly impacted the industry.
    • The per capita growth and rise in disposable income is an advantage as people normally do online payments.
    • The company has a leadership position in a diversified set of offerings. The company has grown inorganically too, they acquired Next Wave company in 2018 to better their cricket offerings.
    • The company has been growing organically and inorganically Nazara Technologies IPO Allotment to better their products and diversify their offerings Next is the monthly active user base being 57 million who visit the application daily and if monetised properly, the revenue can be increased a lot. but it can be seen in the coming times that how the company uses active users to build revenue.
    • Next, the industry is an asset-light business, meaning they don’t need heavy capital expenditure.

    Disadvantages of Nazara Tech IPO :

    • The first con is that the company is loss-making and has booked a loss in the last 6 months too. The PB is 10, Price to sales at 30 from which we can imagine PE being very high due to which we can say that the company’s valuations are at a premium.
    • The company also has civil and legal cases with a total liability of 11 Cr.
    • The industry has seen a lot of competition in which new players have tried acquiring market share and did extensive marketing. For example, Dream11 and MPL are the startups which are running their business in the segment.

    Nazara tech ipo Allotment Dates :

    Let’s talk about the important dates and numbers to keep in mind before bidding The IPO will be from 17th March to 19th March and the tentative listing date is 30th March 2021 meaning it will be listed on NSE and BSE The price band is from Rs 1100 to 1101 and the minimum lot size is 13 shares, Nazara Technologies IPO Allotment will check here.

    Nazara technologies ipo status check here :

    You can check ipo allotment status of nazara technologies by following this vedio :

  • Check Now Laxmi organics IPO allotment status

    Check Now Laxmi organics IPO allotment status

    Laxmi organics’ is a chemical company with a capital of Rs 600 crore. Laxmi organic’s ipo allotment status will be done on 20th march 2021 here visit here for regular updates. The company has raised its Initial Public Offerings (IPO) on March 15, 2021. The IPO offered by the company aims to be a publicly-traded company. In the process, the company Laxmi Organics sells its partial ownership to raise its capital with market investors’ help. The new openings have shares of Rs 500 crores and OFS of Rs 300 crores.   

    The issuer of these IPO, Laxmi Organic Industries Limited IPO, from March 15, 2021, to March 17, 2021. The introductory price of these shares is Rs 129 to Rs 130 per equity share with a face value of Rs 2 per equity share.  

    About the company

    This company Laxmi Organics is a part of flagship companies since 1990 from the Goenka Groups. It has become one of the leading brands of specialty intermediates and acetyl intermediates manufacturing’s with various products available under the brand.

    The IPO issued by the company will further be utilized to form a fluoro-specialty chemicals manufacturing unit of the same company is under the same group. The company’s new venture unit has an excellent competitive strength to frame healthy competition and a diversified portfolio with different products. Moreover, the industry has a record for three decades and has a global presence with its head office in India and Europe. Being a worldwide exporter and clientele base of various pharmaceuticals, packaged products, chemicals, this company has become a good opportunity for the future.  

    About Laxmi Organics IPO?

    The IPO offered to be the Laxmi Organics Company filed DRHP with SEBI to launch its IPO of Rs 800 crores. It came up with a face value of Rs 2 per equity share of the company for the public investors. The size offered by the company is Rs 800 Crores which includes both types of shares offered Laxmi organics IPO allotment status, fresh equity shares and the offer for sale (OFS) equity shares from promoters. However, the total reveal was of the size of the request but not of the lot size.  

    How to avail for Laxmi Organic IPO?

    Suppose you are looking to purchase any of the equity shares offered by Laxmi Organic. In that case, you can do this by applying on the website and submitting an application form requesting the purchases of part of the IPO offered.

    Steps used to apply in Laxmi Organic IPO 

    1. Visit the website and log in using your login ID and password.
    2. Go to your profile on the website and click on the list of IPOs link.
    3. Particularly search and click on the ‘Laxmi Organic IPO’ row and tap on the ‘Bid’ button.
    4. Further for your payment, enter your UPI ID, Quantity, and Price you want to purchase.
    5. ‘Submit’ your IPO application form.
    6. Visit the following UPI App for further payment and approve it. 
    7. And for further details about your equity shares, you can see them on your profile. 

    What Is IPO allotment process?

    IPO or Initial Public Offering is a method using which, a private organization offers the general public to purchase its share stocks. It is a way through which a private organization can go public.

    There are various process of checking your IPO allotment status. If you are not getting any proper suggestions or instructions about the same, we are here to guide you for this purpose.

    Our motive behind instructing you about this is to make sure that you may do the further process without any interruption and as soon as possible. Data of IPO allotment status will be made public on our website on upcoming Friday, March 19. You are advised to log on to our website on September 19 for checking your laxmi organics IPO allotment status.

    Different Methods to Check Your IPO Allotment Status for Laxmi organic ipo

    The process of allotment of company shares to the investors or organizations is carried out under the supervision of company, the registrar, and the lead manager of IPO. The investors can also check their IPO allotment status on the IPO allotment page of the Bombay Stock Exchange (BSE) by following some simple steps.

    Method I.   Steps for checking IPO Allotment Status of lakshmi organic ipo :

    Laxmi Organic ipo allotment status will be available on 20th March 2021, You can check your allotment status by following steps or procedure :

    •    Step 1: Browse the website and by simply clicking on the given link here.

    •    Step 2: Now, go to the “Recent IPOs” tab.

    •    Step 3: In the company’s IPO section, choose IPO allotment status.

    •    Step 4: For inquiry of a query, enter your details. Here, you will have to enter your application number, PAN card number as well as client ID.

    •    Step 5: When you have done with the previous steps without any interruption, you have to enter the type of your application. This means you have to fill either it is of ASBA type or non-ASBA one.

    •    Step 6: After it, enter your application number and verify that you are not any robot by just entering the CAPTCHA code given at the end of this form.

    •    Step 7: Now, click on the submit button given below the form.

    •    Step 8: The system will automatically display the output whether you have got any allotment or not.

          Checking your IPO allotment status in Bombay Stock Exchange (BSE) Page :

    You can follow this steps to check your laxmi organics ipo allotment status in Bse allotment page by following Instructions :

    •    Step 1: Go to the “Allotment Section” of the Bombay Stock Exchange by clicking here.

    •    Step 2: Now, select the type of issue about which you want to know the instructions.

    •    Step 3: After this, select the name of the issue as IPO.

    •    Step 4: After doing this, carefully enter the application number that you had received from your client.

    •    Step 5: Then enter the PAN card number of the investor who applied for this.

    •    Step 6: When you have done all these steps, enter the CAPTCHA code shown on the screen for verifying that you are not a robot.

    •    Step 7: Now, click on the ‘SUBMIT’ button.

    •    Step 8: The system will show the results of your IPO allotment status.

    https://youtu.be/hmzJRrMX4Hs

    Here we conclude that Laxmi organics IPO allotment status process is explained throughly, if you have doubts let us know in the comment section.

  • Anupam Rasayan IPO Allotment Status You can check now

    Anupam Rasayan IPO Allotment Status You can check now

    Are you Looking for how to check the allotment status of Anupam Rasayan ipo ? Then you are at right place, You can check your anupam rasayan ipo allotment status. One can check thier Allotment status on 19th March 2021. Visit us on 19th sep to check your status of anupam rasayan ipo.

    What Are the different ways you can check the Allotment status of Anupam Rasayan?

    Anupam rasayan ipo’s Lead manager and Registrar looks after the process of allotting the shares to each invidual investor or business. Anupam Rasayan ipo registrar is Kfintech Private limited. You can even check the status in BSE Ipo Allotment Page.

    Anupam Rasayan ipo Allotment Status Check IN Kfintech :

    • Visit the Registrar Website Kfintech Clicking Here :
    • Select The recent Ipo’s Tab.
    • Now Select Anupam rasayan ipo in company’s IPO Tab.
    • Now Query By select Application No/ PAN CARD/ CLIENT ID.
    • Application Type select whether applied through ASBA OR NON ASBA.
    • Now Enter your Application Number. Enter The Captcha Code.
    • Now Enter the submit Tab.
    • If you got allotment display the result.

    Check your Allotment Status in Bse Allotment Page for Anupam Rasayan IPO :

    • Visit The Allotment status page of bse: Click Here
    • Now you can select the issue type.
    • Choose your issue name as anupam rasayan ipo.
    • Now enter your Application Number from your client.
    • Enter your PAN CARD off the applied application.
    • Now fill the captcha code.
    • Now press the search option.
    • You will get result of your anupam rasayan ipo allotment status

    Also Read : LIC IPO

    Anupam Rasayan IPO Review, Business Analysis Industry Financials :

    Let’s talk about another IPO named Anupam Rasayan, its business, its industry, and the financials soo that you can decide whether to invest or not.

    Anupam Rasayan IPO Company Analysis :

    Let’s start by talking about the company’s business.

    The company manufactures custom synthesis and special chemicals. Assume to manufacture a chemical you need a particular molecule and is specifically needed for the product and would be made with the same purity as required and is called custom synthesis. Companies get these molecules made for specific requirements and this is where this company comes into the picture.

    If I talk about the special chemicals, that have been manufacturing agro, fertilizers and construction chemicals. The company has two verticals named life sciences and other specialty chemicals and if we talk about life sciences, the company has been manufacturing agro, fertilizers, cosmetics.

    An interesting fact is that this business vertical gives them 93% of their total revenue And if we see the crop protection segment, it contributes 71% to the total revenue. Life sciences and crop protection segment can be considered the most important for the business due to revenue generation. Under the other specialty segment, they have been manufacturing pigment, dyes, and polymers which contributes 6.2% to their total revenue.

    Now since crop protection is one of the big revenue-generating segment, they have some customers with whom they have a strong relationship namely Syngenta, Sumitomo, and UPL who take their services to produce their final products. They have strong long term relationship building with their customers which have spaned to 10 years Anupam Rasayan ipo Allotment Status. They have 53 domestic and 17 international customers to whom they have exported their product.

    Company’s Main Focussed Business :

    Let’s now talk about the main focus areas of the company in the coming future.

    They want to focus on innovation in custom synthesis to provide better service to customers. Secondly, they want to expand their product portfolio which can bring them significant growth Thirdly, they want to improve cost efficiency in the coming time.

    Know more : What are Mutual funds?

    Anupam rasayan ipo Industry :

    Let’s now talk about the industry under which the company has been operating. We will speak about the whole specialty chemical industry. We will try to see the bifurcation of the global industry in terms of different countries and total value. This pie chart tells you the global specialty chemicals market, 2019, in which the value was 725 billion USD. In the breakup, 45% comes from Asia-Pacific Anupam Rasayan ipo Allotment Status, 21% to North America, 23% to Europe, and 12% to the rest of the world.

    From here you can gauge that Asia-Pacific is the most prominent. Since we have seen the overall value of specialty chemicals, now would see the specific chemicals which have the largest market share Anupam Rasayan ipo Allotment Status. From 2015 to 2019, the industry saw a 5.4% CAGR, and is expected to be 5.5% by 2024.

    If I talk about 2019, agrochemicals have the biggest market share which is 121 billion USD followed by fertilizers, water treatment chemicals, pigments, dyes, textile chemicals, flavours and fragrances and personal care ingredients and from here you can understand that the major contributor is agrochemicals and would remain that in 2024 too, where their share would go from 121 to 159 billion USD.

    The overall growth is said to be 5.5% but if we see F&S report, India can see a growth of 10-11% CAGR. Now, why would India grow more than the world is because of the concentration in Asia-Pacific Anupam Rasayan ipo Allotment Status. Secondly, the stringent norms in China have shifted most of the production to India due to which a 10-11% growth can be seen in India. And the custom synthesis industry in India can also expect a growth of 11-12% because it is used in the end product hence the demand can rise.

    Financial’s Of Anupam Rasayan IPO :

    Let’s now talk about the revenue and profits the company has earned In March 2018, total revenue was 349 Cr and the company made a 40 Cr profit which rises to 520 Cr and profit of 50 Cr in 2019 and a profit of 52 Cr in 2020 with a revenue of 539 Cr And if we see till dec 30, 2020, the company has made a revenue of 563 Cr and booked a profit of 48 Cr And the trend of revenue and profits shows us that the company has shown growth continuously.

    Let us now compare Anupam Rasayan with its industry peers. We have made a comparison with Chemcon, Tata chemicals, Deepak nitrate and tried comparing different parameters. Now Anupam Rasayan wants to list itself at a PE ratio of 72.2 and is the highest among all of them PI Industries had a PE of 51 whereas Chemcon had 32 and the PE of the company can be considered higher than the industry. The ROE of the company is 7.44%, whereas Chemcon is at 40.17% Anupam Rasayan ipo Allotment Status, Deepak nitrate at 46.57% and PI Industries at 18.55%, soo the ROE of the company can be considered low compared to the industry. The operating profit margin of the company is 20.67%, Chemcon at 26.83%, Deepak nitrate at 26.68% The debt-equity ratio is 1.02 and the rest of them are less than 1

    Pro’s and Con’s of Anupam Rasayan IPO :

    Anupam Rasayan IPO, The pros and cons of investing in the IPO and the important dates to keep in mind. I’ll quickly start with the pros of investing in this IPO.

    Pro’s of Anupam Rasayan :

    • The first pro can be considered the industry’s growth drivers, migration from China is happening to tech advanced countries. If we speak about India, many specialty chemicals are being produced here and the major reason being the stringent norms due to which many companies were shut from which India benefited.
    • Second can be the rapid urbanization due to which land availability is under pressure and to fulfill food requirements the demand for this company’s product has risen.
    • The third being that the products of this company are used in many industries and as industrialization will grow, the demand for their products is expected to rise. Anupam Rasayan ipo Allotment Status
    • he next point is the barriers to entry in this industry is very high and barriers to entry meaning, no company can easily setup their business and acquire market share. and if we try to understand why the barriers to entry are high here Customer validation and approvals are very important in the manufacture of these products and the specifications also become important due to which entry for a company and to get so many approvals is not viable and to manufacture specialty chemicals according to the specifications is not easy.
    • Next being the strong and long-term relationships with customers and relationships with customers also act as a barrier to entry This would be seen in the coming time that how the company retains its customers and expands its product portfolio.
    • Next is the company’s diversified product portfolio and there are things if not supplied could directly impact the company’s revenue due to which the company has kept its portfolio diversified soo that that can be away from cyclicity to maintain revenue and profits.
    • The revenue from operations of the company saw a 24% CAGR from 2018 to 2020 and their exports too saw a 34% CAGR in the past few years. Even after covid impact, the company’s operating profit margin is 20% which is a healthy number.

    Con’s of Anupam Rasayan IPO :

    • Now let’s talk about the cons and risks of investing. The debt-equity ratio of the company is 1.02 which is the highest in the industry and the ROE is 7% which is not a good number. And the PE ratio is 72 which is a very high number as compared to 20 of the industry meaning the company wants to list itself at premium.
    • Now when a company supplies its product to customers, they expect timely payments because that timely payment is very important for the business and their cashflows This point becomes very important in Anupam Rasayans case because their trade receivables are very high and its trend over the past years has been increasing. The TR of the company in 2018 was 883.92 million, which increases to 1205 million, then close to 1300 million, and currently 1414 million which is very high and you might have to do a deeper analysis in a collection.
    • Other than this, the sector in which this company operated has seen good competition from MNCs and since they have capital, the risk is higher on companies like these in an capital intensive sector The company is dependent on its top 10 customers for 85% of the total revenue and this becomes risky because even if one of them shifts, it could impact a company’s revenue and profitability So you should see how the company retains its customers and diversify its revenues Anupam Rasayan ipo Allotment Status.
    • After this, I will talk about a point which many people won’t talk about. Anupam Rasayan does have a long term agreement with its suppliers for raw materials and why is it important Because whenever there is a shortage of raw material, their costs shoot up and when a company doesn’t have an agreement and the prices go up, the margins and profits of the company are severely impacted. We will have to see how the company maintains its raw material costs and its margins Now I would request you to pay attention to related party transactions which are important for a healthy business.

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    Important Date’s of this ipo :

    Let’s now talk about the important dates and numbers which are Important before bidding The IPO will open on 12th March and will close on 16th March and the tentative listing date is 24th March 2021 on BSE and NSE. The price band for one lot is Rs 553 to Rs 555 and a minimum of 27 shares in a lot. The total issue size is 760 Cr Anupam Rasayan ipo Allotment Status.