Skip to main content

Data Science and Python Training Program for Everyone(Age=10yrs to 70yrs)

Apply Now Offer Price Rs.899 only. Use Coupon Code= intern899 Training Program Detail: Course Fee  Rs.999 Course Duration 1 Month= 20 classes Timings Monday to Friday  Training Modes Online & Classroom Training Program Description This externship is intelligently devoted to our passionate actors generally admitting and appreciating the very fact that they are on the trail of creating a career in the Data Science discipline. This Training is meant to make sure that also to gaining the needful theoretical knowledge, the compendiums gain sufficient hands- on practice of the word Data Science profession. relatively a training institute, the Training program is the right approach to prompt employment in Data Science. India is growing digitally every day. The demand for Data Science is growing big a day. The benefits of a knowledge Data Science Basic Training Program are in numerous, beginning with the chance to figure with professionals within the field, up to p...
Post a Comment

MOIL Buyback 2021

MOIL was originally set up in the year 1896 as Central Province Prospecting Syndicate which was later renamed as Central Provinces Manganese Ore Company Limited (CPMO), a British Company incorporated in the UK. In 1962, as a result of an agreement between the Government of India and CPMO, the assets of the latter were taken over by the Government and MOIL was formed with 51% capital held between the Govt. of India and the State Governments of Maharashtra and Madhya Pradesh and the balance 49% by CPMO. It was in 1977, the balance 49% shareholding was acquired from CPMO and MOIL became a 100% Government Company under the administrative control of the Ministry of Steel. MOIL Ltd(BSE: 533286 | NSE: MOIL ) Board has approved a proposal for buyback of up to 87.66 lakh shares at Rs 240 per share, aggregating Rs 210.4 cr which is 3.29% of a total number of paid-up equity shares. FacebookTwitterShare Buy Back Offer Deal: Buyback Type: Tender Offer Buyback Record Date: Dec 31 2021 Buyback Opening Date: Jan 28 2022 Buyback Closing Date: Feb 10 2022 Buyback Offer Amount: ₹ 693 Crores Date of Board Meeting approving the proposal: Nov 10 2021 Date of Public Announcement: Nov 10 2021 Buyback Offer Size: 14.23% Buyback Number of Shares: 33,804,878 Price Type: Tender offer FV: 10 Buyback Price: ₹ 205 Per Equity Share Letter for Offer Link Details of Buyback: Board has approved the proposal to buyback MOIL of not exceeding 3,38,42,668 equity shares of face value of Rs.10/- each of the Company (representing 14.26% of the total number of fully paid-up equity shares in the paid-up share capital of the Company) at a price of Rs.205/- per equity share (the “Buyback Offer Price”) payable in cash for an aggregate consideration not exceeding Rs. 693 Crores (the “Buyback Offer Size”), being 25% of the aggregate of fully paid-up share capital and free-reserves. How to Participate in buyback? 1. Firstly to be eligible for the buyback the investor should have shares of MOIL Buyback 2021 in demat or physical form as on record date [31.12.2021] 2. Once you have shares in demat, you can participate in the buyback process which is opening from [28.01.2022 to 10.02.2022] by selling your shares through your broker on NSE or BSE. 3. Then on [21.02.2022] the payment will be given to you for accepted shares and unaccepted shares will be returned to your demat account. Profit from the buyback on the bases of acceptance Ratio: Buy 975 Share at CMP of Rs.177 [2,00,000/205=975) Acceptance Ratio 33% 50% 75% 100% Amount Invested in Buyback 1,72,682 1,72,682 1,72,682 1,72,682 No. of Shares buyback 321 487 731 975 BuyBack Profit 8988 13636 20468 27300 Profit% 6.29% 7.89% 11.8% 15.8% Recommendation: Review and Recommendation of MOIL Buyback 2021 by IZ team is: 6/10 Size of buyback is 693 Crores and total shares reserved for retail clients are ~50 lac. So, expected AR in Retail is around 30-40%. However, this figure will increase as price moves towards buyback price.
Labels:

Comments

Post a Comment

Popular posts from this blog

Data Science and Python Training Program for Everyone(Age=10yrs to 70yrs)

Apply Now Offer Price Rs.899 only. Use Coupon Code= intern899 Training Program Detail: Course Fee  Rs.999 Course Duration 1 Month= 20 classes Timings Monday to Friday  Training Modes Online & Classroom Training Program Description This externship is intelligently devoted to our passionate actors generally admitting and appreciating the very fact that they are on the trail of creating a career in the Data Science discipline. This Training is meant to make sure that also to gaining the needful theoretical knowledge, the compendiums gain sufficient hands- on practice of the word Data Science profession. relatively a training institute, the Training program is the right approach to prompt employment in Data Science. India is growing digitally every day. The demand for Data Science is growing big a day. The benefits of a knowledge Data Science Basic Training Program are in numerous, beginning with the chance to figure with professionals within the field, up to p...
Post a Comment
Read more

NAVI NIFTY IT INDEX FUND NFO

INVEST IN FASTEST GROWING SECTOR OF INDIA IT SERVICES MAKES LARGEST CHUNK OF EXPORTS FROM INDIA FUTURE GROWTH SECURED WITH WEB 3.0 FUND HOUSE MANAGED BY FORMER OWNER OF FLIPKART COME LETS CREATE WEALTH TOGETHER An open-ended scheme replicating /tracking Nifty IT Index . The investment objective of the scheme is to achieve return equivalent to Nifty IT Index Index by investing in stocks of companies comprising Nifty IT Index, subject to tracking error. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns. Nifty IT Index TRI Total Return Index. Entry Load : NIL Exit Load : NIL The Scheme has two Plans: Regular & Direct Minimum Application Amount Rs. 500/- and in multiples of Re. 1/- thereafter Minimum Additional Purchase Amount Rs. 100/- and in multiples of Re. 1/- Minimum application amount is applicable only at the time of creatio...
Post a Comment
Read more

Navi Nasdaq 100 fund of fund

Opens on 3rd March 2022 and closes on 17 march 2022 Diversify your portfolio with Navi Lowest expense ratio in the industry Lowest tracking error Managed by former Flipkart CEO Sachin Bansal Technology is at core of fund management Navi NASDAQ 100 Fund of Fund- An open ended fund of fund investing in units of overseas ETF’s and/or Index Fund based on NASDAQ 100 Index Investment objective : The investment objective of the scheme is to provide long-term capital appreciation by investing in units of overseas ETF’s and/ or Index Fund based on NASDAQ 100 Index. However, there is no assurance that the investment objective of the Scheme will be realized. Asset allocation and fund of fund : Investment strategy : The Share Class is a share class of a Fund which aims to achieve a return on your investment, through a combination of capital growth and income on the Fund’s assets, which reflects the return of the NASDAQ 100 Index, the Fund’s benchmark index (Index). The Share...
Post a Comment
Read more