Latent View Analytics IPO Rolls Out Tomorrow – Know All Details Here

Latent View Analytics a leading data and analytics consulting company in India is all set to roll out its IPO tomorrow and will be open for subscription till 12th November 2021. The company offers consulting services, data engineering, business analytics, and digital solutions and caters to blue-chip companies across sectors such as technology, consumer packaged goods, BFSI, retail, industrials and other domains.

Through its subsidiaries in the USA, Netherlands, Germany, United Kingdom, and Singapore the company has a well-established presence across markets in USA, Europe, and Asia and has worked with more than 30 Fortune 500 companies.

The proceeds from the Latent View Analytics IPO would be used for funding the company’s inorganic growth initiatives through acquisitions and other strategic initiatives, funding working capital requirements of the company’s material subsidiary Latent View Analytics Corporation, augmenting the capital base of some of its subsidiaries for future growth. and general corporate purposes.

Some quick facts about the Latent View Analytics IPO:

Price band of Latent View Analytics IPO

The price band for the IPO is between Rs 1,120-1,180 per share.

Lot size

The minimum lot size for the IPO is of 76 shares.

Issue size

The issue size for Latent View Analytics IPO is Rs. 600 crores.

Listing date

Shares of Latent View Analytics are likely to be listed on 23rd November 2021.

Key strengths and opportunities

  • Latent View Analytics is one the leading data analytics companies in the country.
  • The company has a vast experience in data engineering and business analytics.
  • Caters to a large number of blue-chip clients across industries and global markets.
  • The company is well-managed by professional team with vast experience.
  • Increased demand from businesses for analytical insights to inform decision-making processes and optimizing workflows across interrelated business activities.
  • More and more businesses are now using real-time and precise insights on business operations and consumer spending patterns.

Key factors to keep in mind while investing in the Latent View Analytics IPO:

In its Red Herring Prospectus, the company has listed some factors which may impact the future performance of the company, such as:

Failure of the company’s existing clients to renew their contracts may adversely impact the company’s revenues and results of operations.

The company operates in segment which is highly competitive, and expects such competition to continue or increase in the future.  The introduction of new services by the company’s peers or the development of entirely new technologies to replace existing offerings or development of certain processes internally by clients could make the company’s offerings obsolete thus adversely affecting its businessand results of operations.

The company generates a significant portion of revenue from USA. Any adverse developments such as increased competition, regulatory action, pricing pressures, fluctuations in the demand, or the outbreak of an infectious disease such as COVID-19 could adversely impact the company’s business.

To invest in the IPO here.

– Written and contributed by Pradeep Sukumaran.

Tips to Reduce Your Two-Wheeler Insurance Premium

Two-wheelers offer the convenience of zipping around narrow lanes with ease as well as affordability with low fuel consumption as compared to four-wheelers. No wonder, two-wheelers are one of the preferred choices of travel for the majority of Indians. However, on the flip side, two-wheelers are more prone to thefts and accidents. Hence it is very important to secure your two-wheeler against losses caused by unforeseen events. Besides financial protection, two-wheeler insurance is also a mandatory requirement as per Indian traffic laws. Failure to do so can invite hefty fines and penalties. While choosing two-wheeler insurance for your vehicle, it is important to select one that is right for you and at the same time does not hurt your pockets.

Here are some valuable tips to reduce your two-wheeler insurance premium:

Compare different two-wheeler insurance plans before you buy

Most of us do a lot of homework in the form of comparison while buying electronic gadgets and other things. Buying two-wheeler insurance should be no different. Before purchasing two-wheeler insurance, always compare the premium, inclusions, exclusions, add-on covers and benefits offered by different insurers.

Opt for a longer-term policy:

While purchasing a two-wheeler insurance policy one can opt for a policy of either 1, 2 or 3 years. By choosing the longest policy term, the amount of premium remains constant for the entire duration of 3 years.

Ignore minor claims

No-claim bonus (NCB) is a discount offered by insurance companies to policy holders in case there is no claim during the policy term. The amount of NCB can go as high as 50% with every passing policy year where no claims have been made. However, NCB cannot be claimed while renewing the policy even if you have made a minor claim. Hence it highly advisable to avoid making minor claims.

Get anti-theft devices installed on your two-wheeler

Anti-theft devices can not only keep your two-wheeler safe but also get you additional discounts while purchasing or renewing your policy as it shows how careful you are with your vehicle’s safety from theft. However, while installing an anti-theft device you have to ensure that it is approved by ARAI.

Choose your add-ons wisely

Insurance companies offer a wide variety of add-ons along with the insurance policy which you can choose while purchasing the policy such as consumables cover which provides coverage for consumable items like filters, oil, bearings etc., roadside assistance for vehicle breakdown, key loss cover for loss of keys, passenger assistance cover for additional protection for the pillion rider and loss of personal belongings etc.

Choose higher deductible

In the event of a claim, the policyholder is liable to bear a portion of the claim. This is known as deductible. The rest of the cost for repair will be borne by the insurance company. By opting for a higher deductible one can effectively reduce the premium of their two-wheeler insurance policy.

Bottom line

The above tips can come in handy for saving a decent amount of money when you buy or renew a two-wheeler insurance policy.

– Written and contributed by Pradeep Sukumaran.

Sapphire Foods IPO Opens Tomorrow – Should You Invest in Sapphire Foods IPO?

The initial public offering of Sapphire Foods, the largest franchise operator of YUM in the Indian subcontinent is all set to hit the markets tomorrow and will be open for subscription till 11th November 2021.

The company owned and operated 204 KFC restaurants in India and the Maldives, 231 Pizza Hut restaurants in India, Sri Lanka and the Maldives, and 2 Taco Bell restaurants in Sri Lanka as of 31st March 2021.

The proceeds from the Sapphire Foods IPO would be used for expansion of the company’s restaurant chains and food outlets.

Some quick facts about the Sapphire Foods:

Price band of Sapphire Foods IPO

The price band for the Sapphire Foods is between Rs. 1,120-1,180 per share.

Lot size

The minimum lot size is of 12 shares.

Issue size

The issue size for Sapphire Foods is Rs. 2,073 crores.

Listing date

Shares of Sapphire Foods are expected to be listed around 22nd November 2021.

Key strengths and opportunities

  • Sapphire Foods ranks as the largest franchise operators of YUM brand in India and operates the largest QSR chain in Sri Lanka.
  • In terms of revenue the company ranked number one as franchise operator in the Indian subcontinent.
  • The company has a strong focus on delivering a delightful customer experience.
  • The company has exceptional quality control measures in place which has helped it to achieve operational excellence.
  • The QSR chain density in the country at mere 18 outlets per million of urban population is very low as compared to 765, 270 and 318 in USA, UK and Malaysia respectively.
  • Rising incomes among India’s middle class and young population, offers huge potential for scalability of the business.
  • The QSR chain sub-segment is the fastest growing sub-segment within the organized food services market in India, with its value estimated to increase at approximately 23% CAGR from Rs. 188.00 billion in FY2020 to Rs. 534.00 billion in FY2025.
  • Change in consumer shift among Indians towards healthy and branded options in food in post-pandemic world is likely to benefit companies operating in the QSR segment.
  • Sapphire foods is a well-managed company with an experienced management team.

Key factors to keep in mind while investing in Sapphire Foods IPO:

In its Red Herring Prospectus, the company has listed some factors which may impact the future performance of the company, such as:

The outbreak of the COVID-19 pandemic in the year 2020 and the measures taken by governments to reduce the spread of the pandemic had affected the company’s restaurant operations across India, Sri Lanka and Maldives resulting in temporary shutdowns, reduced restaurant-level operations and dining room closures. In case the COVID-19 crisis continues or worsens the company’s cash flows may be affected.

The company reported restated loss for the year after tax of Rs. 998.97 million, Rs. 1,592.47 million and ₹Rs. 694.04 million for the financials years 2021, 2020 and 2019. The company plans to grow its business by opening a number of new stores every year and expect to report losses until such time as these new restaurants mature and the company is able to apportion corporate-level expenses across a larger number of restaurants.

The QSR industry where the company operates is highly competitive. Besides competition with international QSR chains operating in India, Sri Lanka and Maldives, such as McDonalds, Burger King, Domino’s Pizza and Subway, there is also intense competition from local restaurants and restaurant chains.

To invest in the Sapphire Foods here.

– Written and contributed by Pradeep Sukumaran.

Paytm IPO opens on 8th Nov 2021 – Get All Details of Paytm IPO Here

The mega 18300 crore IPO of One97 Communications, the parent company of Paytm, a one-stop payments service provider is all set to hit the market on 8th November 2021 and will be available for subscription till the 10th of November 2021.

The proceeds from the IPO would be used to develop and strengthen the Paytm ecosystem including through acquisition and retention of consumers and merchants and providing them with greater access to technology and financial services. Besides this the company also intends to invest in new business initiatives, acquisitions, and strategic partnerships, besides general corporate purposes.

Some quick facts about the Paytm IPO:

Price band of Paytm IPO

The price band for the IPO is between Rs. 2080 to Rs. 2150 per share.

Lot size

The minimum lot size is of 6 shares.

Issue size

The issue size for Paytm IPO is Rs.18300 crores.

Listing date

Shares of Paytm IPO are expected to be listed around 18th November 2021.

Key strengths and opportunities

Company has built a huge ecosystem allows it to address large market opportunities across payment services, commerce and cloud services and financial services.  The market segments where the company operates and caters to are significantly underpenetrated and offers a huge opportunity for scalability and growth due to the immense potential of technology.

Strong brand recall value

Paytm has a strong brand recall value among merchants compared to its peers in the digital payment platforms.

Multiple payments platform

The company offers a wide variety of payment platforms which provides large scale and reach. As of March 31, 2021 the company had a base of 333 million customers and more than 21.1 million merchants. With deep insights of Indian consumers and merchants the company claims to have developed unparalleled insights into the saving and spending habits of consumers, and the manner in which merchants operate their businesses.

To increase its profitability in the long term, the company is aiming to achieve continuous growth in Gross Merchandise Value (GMV) of transactions, as well as add new merchants in addition to retention of existing merchants.

Key factors to consider while investing in Paytm IPO:

In its Red Herring Prospectus, the company has listed some factors which may impact the future performance of the company, such as:

The company’s  profitability  could  be  negatively  affected  if  there is a significant increase in the payment  processing  charges  payable  to  financial institutions  and  card  networks , and  the company is unable  to  pass  on  the same to their merchants or consumers.

The conduct of company’s business is subject to certain statutory and regulatory licenses and approvals. Any failure or omission to obtain, maintain or renew these licenses and approvals could adversely affect the company’s business and results of operations.

The company has also stated that in its Red Herring Prospectus that it has incurred net losses for the last three years, including a restated total comprehensive income/(loss) for the year including discontinued operations of Rs.(42,355) million, Rs. (29,433) million and Rs. (17,040) million in FY 2019 and may not achieve or maintain profitability in the future.

To invest in the Paytm IPO here.

– Written and contributed by Pradeep Sukumaran.

Importance of Life insurance – Why Adequate Life Insurance is a Must for Those with Dependents?

“A policy of life insurance is the cheapest and safest mode of making a certain provision for one’s family” – Benjamin Franklin

Life insurance is a valuable tool for reducing the financial risk arising from unfortunate events like death of the breadwinner of the family. India ranks as one of the most under-penetrated insurance market in the world with the insurance penetration in the country being just 3.7 percent of the gross domestic product (GDP) as against the world average which is 6.31 percent.

Here are few important reasons why it is important to buy adequate life insurance:

Creating a financial safety net to your loved ones

Creating a financial safety net for your loved ones is one of the most important and primary reasons for purchasing life insurance. In the event of a death of the sole breadwinner the family, there is also a loss of income which means the family will have compromise even on their basic needs. As a result they will be forced to use their limited savings or even sell their assets like property or jewellery to make their ends meet.

Life insurance can not only make up for the lost income but also ensure that family’s lifestyle can continue like before.

Covers your loans and other liabilities

If you have any outstanding loans in the form of vehicle, housing, business or personal loan the burden of the same will fall your family members in your absence. Apart from loss of income, this sudden burden of loan will be double whammy for your family who may be reeling under both emotional and financial stress. Even if your loved ones have some other source of income, paying off additional loans may put a serious strain on them.

To avoid such situations, adequate life insurance is important so that the family can not only settle the debt but also live without depending on others for money.

Ensures peace of mind

Sickness, accidents and death are unpredictable. Money received from life insurance can never replace the loss of a person but it can ensure that your family’s financial future is secure. Hence adequate life insurance is a must for all those who have dependents.

However, the benefits offered by life insurance does not just end there. There are some other benefits of life insurance too such as:

Can be valuable tool for regular savings

A long term regular premium life insurance policy ensures disciplined saving in the form of premium payments at regular intervals thus making it a valuable tool for regular savings. Additionally the cash value component of the policy in case endowment and whole life policy ensures adequate availability of liquidity in the form of quick loans.

Helps you in tax-saving too

Under Section 80C of the Income Tax Act 1961, the premium paid towards an insurance policy is eligible for a maximum tax benefit of Rs 1.5 lakh.

Further under Section 10(10D) of the Income Tax Act 1961, life insurance offers tax-free pay-outs on maturity or claim.

Can fund your retirement goals

While life insurance can ensure financial protection for family against unfortunate events like death during the policy term, if nothing unfortunate happens, the proceeds of the policy on maturity can be useful for your retirement goals.

– Written and contributed by Pradeep Sukumaran.

IRCTC Stock Split; Get All the Details Here

IRCTC stock has been hogging the limelight in the last few weeks mainly due to two reasons. Firstly due to the proposed IRCTC stock split and secondly due to its stellar run up to Rs. 6396 levels before the stock eventually corrected to around Rs. 4000 levels.

On 12th Aug 2021, the board of Indian Railway Catering and Tourism Corporation (IRCTC) had approved the proposal for a 1:5 stock split or sub-division of shares. For a split of 1 share at a face value of ₹10 each into 5 equity shares at a face value of ₹2 each.

“Recommended the proposal for sub-division of Company’s 1 equity share of face value (FV) of ₹10/- each into 5 equity shares of face value of Rs.2 each, subject to the approval of Ministry of Railways, shareholders & other approvals as may be required,” IRCTC stated in a press release.

The record date for IRCTC stock split was later announced as 29th Oct 2021.

In this article let’s take detailed look at the IRCTC stock split process.

What is meant by stock split?

In a stock split, the number of outstanding shares are increased by issuing additional shares to the existing shareholders. Under such a situation, while the market price of share decreases it does not change the market capitalization of the company.

Simply it means, a stock split increases the number of shares and lowers the individual value of each share.

Let’s understand the IRCTC stock split with an illustration.

Suresh has 50 shares of IRCTC in his demat account which he has purchased for Rs.4000 per share. Irrespective of his purchase price, assuming if the stock splits for a price of Rs. 5000 on 29th October 2021, he will be holding 250 shares (50×5) of IRCTC in his demat account with a market price of RS. 1000 per share.

Reasons why companies opt for stock split?

The decision to split a stock is taken by the board of a company in order to make it stock more affordable in case the stock price levels are very high, thus resulting in increased liquidity in the stock.

Post IRCTC stock split, should you invest in the stock?

Incorporated in the year 1999, IRCTC is a PSU, wholly owned by the Government of India, under the administrative control of the Ministry of Railways. The company owns exclusive rights to provide online railway tickets, catering services to railways & packaged drinking water at railway stations and trains in the country. IRCTC has also recently diversified into other businesses including catering for non-railway events, budget hotels and e-catering executive lounges for customers.

IRCTC’s monopoly in its area of business gives it some exclusive advantages. From a long term perspective it appears to be a good investment bet. However, it is equally important to invest at the right price. Invest wisely after proper research.

Click here to open a free trading and demat account and trade at the lowest brokerage rate of just Rs. 18/- per order.

– Written and contributed by Pradeep Sukumaran.

Share Market Timings in India – BSE and NSE Timings

Trading and demat account are the two basic requirements to start trading in India. However, it is equally important to be aware of the share market timings in India. Share market timings are common across India on NSE and BSE, the two major stock market exchanges in India.

Share market timings in India consist of three sessions which can be classified as the pre-opening session, the normal session and the post-closing session. The normal session in the stock market timings is from 09.15AM to 3.30PM.

Share market timings in India at a glance

SessionTime
Pre-opening session  9.00 AM – 9.15 AM
Normal session9.15 AM – 3.30 PM
Closing session3.30 PM – 4.00 PM

Let’s take a detailed look at the different sessions of share market timings in India

Pre-opening session

The pre-opening session in stock market starts is from 09:00 AM to 09:15 AM. It is divided into three categories.

1: Prep-opening session from 09:00 AM to 09:08 AM

In this session, a trader can place buy or sell orders as well modify/cancel orders placed. Orders placed during this session are executed on a preferential basis when the market opens for normal session at 09.15 AM.

2: Prep-opening session from 09:08 AM to 09:12 AM

These four minutes are used by the exchange to match orders using a comparison of demand and supply. This helps in determining the price of shares when the market opens for normal session at 09.15 AM. It is important to note that during this session, a trader cannot place any new orders or modify/cancel any order.

3: Prep-opening session from 09:12 AM to 09:15 AM

This is a buffer period which facilitates the transition from pre open market to normal market session.

During this session also a trader cannot place any new orders or modify/cancel any order.

Normal session

The normal trading session of the market is from 09.15AM to 3.30PM. During this session, traders can place orders to buy or sell stocks as well as modify or cancel their orders without any restrictions. During the normal session of share market timings, a bilateral order matching system is utilized where every buy order is matched with a sell order at the same stock price and every sell order is matched with a buy order at the same price.

Post-closing session

Stock market timings in the post-closing session can be briefly divided into two categories as below:

Post-closing session from 03:30 PM to 03:40 PM

In this session, the weighted average of the stock prices traded between 03:00 PM and 03:30 PM are used for calculation of closing prices of stocks.

Session 2: From 03:40 PM to 04:00 PM

In the last session, traders are permitted to place buy and sell orders. However, such orders are confirmed only in case there are sufficient numbers of buyers and sellers in the market.

– Written and contributed by Pradeep Sukumaran.

What is Sensex and Nifty? Difference between Sensex & Nifty

As a prospective or an existing stock market investor, you must have come across the terms Sensex and Nifty innumerable times.

In this article, we shall take a detailed look at what is Sensex and Nifty and the difference between Sensex and Nifty. However, before we proceed with that it is imperative to know about the stock exchanges with which Sensex and Nifty are associated with, the BSE and NSE.

Established in the year 1875, BSE is the oldest stock exchange in India whereas NSE, founded in 1992 is India’s biggest stock exchange.

Sensex and Nifty are indices that represent the performance of a basket of securities on the BSE and NSE respectively.

The BSE Sensex (Sensitive Index), a term coined by financial analyst Deepak Mohoni in the 80’s is the benchmark index of the BSE. Its value is derived from the weighted average value of the top 30 companies listed on BSE.

The NSE Nifty is the benchmark index of NSE. Its value is derived from the top 50 companies listed on the exchange in terms of market capitalization & most frequently traded companies.

Difference between Sensex and Nifty

While both Sensex and Nifty are benchmark stock market indices, which represent the strength of the stock market, there are a few key differences between them such as:

Sensex represents the performance of top 30 stocks on BSE whereas Nifty represents the performance of top 50 stocks on NSE.

The base index value of Sensex is 100, whereas the base value index of Nifty is 1000.

While Nifty covers 24 sectors, the Sensex covers 13 sectors.

Nifty’s base period is 3rd November 1995 whereas the base period of Sensex is considered as 1978 – 79.

How is Nifty calculated?

Nifty 50 is calculated using a free-float market capitalisation weighted method.

The price of the Nifty 50 is a reflection of the total market value of all the stocks which constitute the Nifty 50 index relative a base period which is taken as November 3rd, 1995.

How is Sensex calculated?

Sensex is calculated based on the free-float market capitalization of the 30 companies which constitute the index relative to base value of Sensex year in the year 1978-79.

List of Sensex stocks as on 25th October 2021

CompanyMarket Capitalization   CompanyMarket Capitalization
Reliance Industries Ltd.1650315.86 Axis Bank Ltd.259159.49
Tata Consultancy Services Ltd.1291893.69 Larsen & Toubro Ltd.250485.28
HDFC Bank Ltd917472.72 Maruti Suzuki India Ltd.219408.30
Infosys Ltd.724383.76 Titan Company Ltd.211350.81
ICICI Bank Ltd.583350.85 Ultratech Cement Ltd.206305.12
Hindustan Unilever Ltd.576989.13 Sun Pharmaceutical Industries Ltd.195061.11
HDFC Ltd.523701.73 Nestle India Ltd.180220.26
Bajaj Finance Ltd.461408.64 Tata Steel Ltd.155776.17
State Bank Of India451897.71 Tech Mahindra Ltd.147855.36
Kotak Mahindra Bank Ltd.427781.76 NTPC Ltd.139486.54
Bharti Airtel Ltd.379361.78 Power Grid Corporation Of India Ltd.134486.73
HCL Technologies Ltd.316399.78 Indian Oil Corporation Ltd.122760.63
Bajaj Finserv Ltd.288001.38 IndusInd Bank Ltd.91133.18
ITC Ltd.287741.22 Mahindra & Mahindra Ltd.110774.67
Asian Paints Ltd.279980.24 Bajaj Auto Ltd.108943.79

List of Nifty 50 Stocks as on 26th October 2021

Company NameMarket Capitalization Company NameMarket Capitalization
Adani Ports and Special Economic Zone Ltd.1,51,926.75 Indian Oil Corporation Ltd.1,24,266.90
Asian Paints Ltd.2,79,812.38 IndusInd Bank Ltd.88,887.37
Axis Bank Ltd.2,57,610.76 Infosys Ltd.7,14,957.92
Bajaj Auto Ltd.1,09,800.32 JSW Steel Ltd.1,65,579.60
Bajaj Finance Ltd.4,67,906.34 Kotak Mahindra Bank Ltd.4,42,635.09
Bajaj Finserv Ltd.2,89,738.36 Larsen & Toubro Ltd.2,51,953.15
Bharat Petroleum Corporation Ltd.92,985.02 Mahindra & Mahindra Ltd.1,10,768.46
Bharti Airtel Ltd.3,88,903.20 Maruti Suzuki India Ltd.2,18,992.94
Britannia Industries Ltd.88,639.53 NTPC Ltd.1,38,856.26
Cipla Ltd.73,058.62 Nestle India Ltd.1,84,956.68
Coal India Ltd.1,06,676.83 Oil & Natural Gas Corporation Ltd.2,05,373.06
Divi’s Laboratories Ltd.1,33,180.28 Power Grid Corporation of India Ltd.1,32,987.01
Dr. Reddy’s Laboratories Ltd.77,575.13 Reliance Industries Ltd.17,10,339.25
Eicher Motors Ltd.70,699.39 SBI Life Insurance Company Ltd.1,17,475.05
Grasim Industries Ltd.1,15,442.86 Shree Cement Ltd.1,00,427.51
HCL Technologies Ltd.3,15,490.70 State Bank of India4,58,725.03
HDFC Bank Ltd.9,15,313.11 Sun Pharmaceutical Industries Ltd.1,94,346.13
HDFC Life Insurance Company Ltd.1,39,596.12 Tata Consultancy Services Ltd.12,87,658.28
Hero MotoCorp Ltd.53,895.48 Tata Consumer Products Ltd.74,313.93
Hindalco Industries Ltd.1,08,942.69 Tata Motors Ltd.1,65,733.16
Hindustan Unilever Ltd.5,70,574.74 Tata Steel Ltd.1,48,967.00
Housing Development Finance Corporation Ltd.5,27,870.70 Tech Mahindra Ltd.1,52,100.21
ICICI Bank Ltd.5,73,760.78 Titan Company Ltd.2,17,818.33
ITC Ltd.2,88,263.89 UPL Ltd.54335.09
UltraTech Cement Ltd.2,10,368.01 Wipro Ltd.3,66,201.60

Closing thoughts

BSE Sensex and NSE Nifty are both indices which track the performance of basket of securities on the BSE and NSE respectively. These indices can be used as reference point to understand and analyze the performance of stock markets.

To open a free trading and demat account and trade at the lowest brokerage rate of just Rs. 18/- per order click here .

– Written and contributed by Pradeep Sukumaran.