MoneyVriksh.com http://moneyvriksh.com Let your money grow Thu, 23 Feb 2012 00:06:57 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Muthoot Fincorp NCD 2012 http://moneyvriksh.com/blog/muthoot-fincorp-ncd-2012/ http://moneyvriksh.com/blog/muthoot-fincorp-ncd-2012/#comments Thu, 23 Feb 2012 00:06:57 +0000 admin http://moneyvriksh.com/?p=4176 After the success of Muthoot Fincorp NCD 2011, the company has again come up with 2012 NCD offering whopping 13.25% for both 18 months and 36 months (3 years) tenure. However, this time, the size of the issue is very small – 35 crores + 35 crores – with private placement. So, if you wish to invest, do it fast!

For Application Form, Email at aarkay@moneyvriksh.com

Follow on Private Placement of Secured, Redeemable, Non-Convertible Debentures of face value of Rs. 10,000/ each at par aggregating  to Rs 35 Crores with a green shoe option of Rs 35 crores.

 Summary Term Sheet

Particulars Terms
Issuer/Borrower MUTHOOT FINCORP LTD
Issue Size  Rs. 35 Crs with a green shoe option of Rs 35 Crores
Nature of Instrument Secured, Redeemable, Non-Convertible Debentures
Credit Rating ‘A+’ By Crisil Ltd
Instrument Form Only in Dematerialized Form
Denomination of Instrument/Face Value per NCD Debentures shall have face value of Rs. 10,000/-
No. Of Debentures 35000
Option

Option I

Option II
Tenure

18 Months

36 Months
Put & Call Option

None

None
Coupon Rate

13.25%

13.25%
Interest Payment

Annual

Annual
Redemption

At Par, At Redemption

At Par, At Redemption
Deemed Date of Allotment 15 working days from the Issue closure date.
Interest on application money At the Coupon rate from the date of realization of cheque(s)/RTGS upto one day prior to deemed date of allotment.
Listing On the WDM Segment of BSE
Trustees IL & FS Trust Company  Ltd
Issue Opens on 20th  February 2012
Issue Closes on 31st  March 2012

 Email to aarkay@moneyvriksh.com for application form

All other terms remaining the same as per the Draft Disclosure Document dated 25th November 2011

]]> http://moneyvriksh.com/blog/muthoot-fincorp-ncd-2012/feed/ 0 HDFC Bank NRE Fixed Deposit http://moneyvriksh.com/blog/hdfc-bank-nre-fixed-deposit/ http://moneyvriksh.com/blog/hdfc-bank-nre-fixed-deposit/#comments Tue, 21 Feb 2012 21:25:20 +0000 admin http://moneyvriksh.com/?p=4162 HDFC Bank has one of the best interest rates on its NRE fixed deposits. Following are the present rates. All NRI banking service by HDFC bank and the latest interest rates can be found HERE

You can apply for HDFC FD here

Period Amount Interest Rate
(per annum)		 Annualised rate Per Annum (compounded quarterly) Effective
1 Year Less than 1 crore 7.25% 7.45% 4th January, 2012
1 crores to less than 5 crores 9.25% 9.58% 9th February, 2012
1 year 1 day – 1 year 3 days Less than 1 crore 9.00% 9.31% 4th January, 2012
1 crores to less than 5 crores 9.50% 9.84% 9th February, 2012
1 year 4 days Less than 1 crore 9.00% 9.31% 4th January, 2012
1 crores to less than 5 crores 9.80% 10.17% 9th February, 2012
1 year 5 days – 1 year 15 days Less than 1 crore 9.00% 9.31% 4th January, 2012
1 crores to less than 5 crores 9.50% 9.84% 9th February, 2012
1 year 16 days Less than 1 crore 9.25% 9.58% 4th January, 2012
1 crores to less than 5 crores 9.50% 9.84% 9th February, 2012
1Year 17 days- 2 years Less than 1 crore 8.50% 9.16% 4th January, 2012
1 crores to less than 5 crores 9.50% 10.33% 9th February, 2012
2 years 1day – 2 Years 3 days Less than 1 crore 9.25% 10.03% 3rd February, 2012
1 crores to less than 5 crores 9.25% 10.03% 3rd February, 2012
2 Years 4 days Less than 1 crore 9.25% 10.03% 3rd February, 2012
1 crores to less than 5 crores 9.25% 10.03% 3rd February, 2012
2 years 5 days – 2 Years 15 days Less than 1 crore 9.25% 10.03% 3rd February, 2012
1 crores to less than 5 crores 9.25% 10.03% 3rd February, 2012
2 years 16 days Less than 1 crore 9.25% 10.03% 4th January, 2012
1 crores to less than 5 crores 9.25% 10.03% 3rd February, 2012
2 Years 17 days – 3 years Less than 1 crore 9.25% 10.52% 3rd February, 2012
1 crores to less than 5 crores 9.25% 10.52% 3rd February, 2012
3 years 1 day – 5 years Less than 1 crore 9.25% 11.59% 3rd February, 2012
1 crores to less than 5 crores 9.25% 11.59% 3rd February, 2012
5 years 1 day – 10 years Less than 1 crore 8.25% 12.63% 4th January, 2012
1 crores to less than 5 crores 8.25% 12.63% 4th January, 2012
1 Year 5 Crore to less than 10 Crores 9.25% 9.58% 3rd February, 2012
1 Year 1 day – 2 years 9.50% 10.33% 3rd February, 2012
2 Years 1 day – 3 years 9.25% 10.52% 3rd  February, 2012
3 Years 1 day – 5 years 9.25% 11.59% 3rd February, 2012
5 Years 1 day – 10 years 8.25% 12.63% 3rd  February, 2012

 

  • The above rates are effective from the dates mentioned above on fresh and renewal fixed deposits and are subject to change from time to time. Kindly check the rates before booking the NRE Fixed Deposit.
  • For interest rates on NRE fixed deposit of Rs.10 Crores and above, kindly contact your Branch Manager / Relationship Manager
  • In case of premature withdrawals:
  • Before completion of 1 year: No interest will be payable
  • After completion of 1 year: The rate applicable will be lower of –
    1. The base rate of the original/contracted tenure at which the fixed deposit is booked OR
    2. The base rate applicable for the tenure for which the Fixed Deposit has been in force with the bank
  • Partial premature withdrawal and sweep-in facility is not allowed for fixed deposits booked for 1 Crore and above
  • Applicable interest rates will be given as on the date of receipt of the funds by the bank. When booking Fixed Deposit through NetBanking, please note the actual interest rate being applied on the “Confirm” screen. This screen appears before you confirm your request for opening a new Fixed Deposit.
  • No penalty will be levied on premature closure of NRE fixed Deposit
  • The base rate is the rate applicable to deposits of less than Rs.1 Crore on the date of booking the deposit
  • For any further assistance, you can write at nrisales@hdfcbank.com
]]> http://moneyvriksh.com/blog/hdfc-bank-nre-fixed-deposit/feed/ 0 ICICI Bank NRE Fixed Deposit http://moneyvriksh.com/blog/icici-bank-nre-fixed-deposit/ http://moneyvriksh.com/blog/icici-bank-nre-fixed-deposit/#comments Tue, 21 Feb 2012 21:23:08 +0000 admin http://moneyvriksh.com/?p=4169 ICICI Bank is one of the favorite bank for Non Resident Indians because of its good service, which is at par to foreign banks of which NRIs are used to. After the deregulation of NRE FD rates by Indian Government, ICICI is offering very compelling interest rate on NRE deposits.

You can check latest interest rate here

You can fill up this form so that ICICI representative can contact you if you wish to invest

Interest rates on NRE Term Deposits ( percent per annum)

Interest rates (percent per annum) with effect from February 16, 2012.
Less than Rs 10.0 Million

Maturity Period
Interest Rate
Annualised Rate *
1 year to 389 days
8.25
8.51
390 days to less than 2 years
9.25
9.58
2 years to less than 5 years
9.25
9.58
5 years upto 10 years
8.75
9.04
]]> http://moneyvriksh.com/blog/icici-bank-nre-fixed-deposit/feed/ 0 MCX IPO Review http://moneyvriksh.com/blog/mcx-ipo-review/ http://moneyvriksh.com/blog/mcx-ipo-review/#comments Mon, 20 Feb 2012 23:11:42 +0000 admin http://moneyvriksh.com/?p=4153 Since there is much hype about MCX Limited IPO, we decided to find out the intrinsic value of Multi Commodity Exchange Limited to help readers get the clearer picture about its valuation. But, before our own review, we collated the recommendations given by various known research analysts and broking houses. so, here it goes-

  • Aditya Birla Money: Apply. Finds MCX IPO as good investment opportunity
  • Nirmal Bang: Apply
  • SMC: Apply
  • SP Tulsian: Apply for 20% gain in first 3 months
  • Mansukh Securities: Apply
  • Our Review: We found the intrinsic value of Rs. 972 per equity share in taking normal-to-conservative growth predictions.

Check MCX Issue Details

Download Application Form

For further details for submission application check here

MCX IPO Review Excel Sheet

We used the discounted cash flow method, considered as best, to calculate the intrinsic value of MCX Limited and found that its each equity share is worth Rs. 972.13. Following are the key points that must be kept in mind while evaluating the analysis.

  1. No premium (or discount) is taken care of while coming to per share value
  2. We have taken very conservative future growth figures while calculating. We believe that, keeping MCX past record in mind, actual growth should be more aggressive
  3. MCX has not introduced commodity options till now. If it introduces options in 2013-14, the sales growth for few following years may increase drastically. Though, this has not been taken into account
  4. If RBI allows banks to hedge their exposure, MCX business volume will surge in gold and silver. This,again, has not been taken into account

Scroll the sheet to view it completely. You can click here to have full page view of Excel

Please leave your comments below if you have any question

]]> http://moneyvriksh.com/blog/mcx-ipo-review/feed/ 0 2011 IPO Returns And Analysis http://moneyvriksh.com/blog/2011-ipo-returns-and-analysis/ http://moneyvriksh.com/blog/2011-ipo-returns-and-analysis/#comments Sat, 18 Feb 2012 05:09:10 +0000 admin http://moneyvriksh.com/?p=4145 The year 2011 was pretty bad for Initial Public offers. There were total of 41 legitimate IPOs and the price of most of them went down like falling rocket after their listing.

IPO 2011 Summary

  • Total IPO: 41
  • No. of IPOs with Grade 5 : 1
  • No. of IPOs with Grade 4 : 3
  • No. of IPOs with Grade 3 : 10
  • No. of IPOs with Grade 2 : 19
  • No. of IPOs with Grade 1 : 6
  • No. of FPOs: 2
  • Investment of Rs. 10000 in each of them amounted to Rs. 2,98,754 at the end of the year 2011
  • Return by Grade 5 IPO: -17.40%

IPO 2011 Returns

Company Name  Listing Date Allotment Price Price on 31-Dec-2011 Return Investment of Rs. 10000 on 31-Dec-11 IPO Rating
Indo Thai Securities Limited 2-Nov-11 74 10.45 -85.88% 1412 2
M and B Switchgears Ltd 20-Oct-11 186 62.3 -66.51% 3349 2
Taksheel Solutions Ltd 19-Oct-11 150 13.4 -91.07% 893 2
Flexituff International Ltd 19-Oct-11 155 255.85 65.06% 16506 3
Onelife Capital Advisors Ltd 17-Oct-11 110 232.45 111.32% 21132 1
Tijaria Polypipes Ltd 14-Oct-11 60 9.29 -84.52% 1548 2
RDB Rasayans Ltd 7-Oct-11 79 8.4 -89.37% 1063 2
Prakash Constrowell Ltd 4-Oct-11 138 240.5 74.28% 17428 2
PG Electroplast Limited 26-Sep-11 210 144.4 -31.24% 6876 3
Vaswani Industries Ltd 20-Sep-11 49 10.19 -79.20% 2080 2
SRS Limited 16-Sep-11 58 35.75 -38.36% 6164 3
TD Power Systems Ltd 8-Sep-11 256 226.5 -11.52% 8848 4
Brooks Laboratories Ltd 5-Sep-11 100 12.65 -87.35% 1265 2
Tree House Education & Accessories Ltd 26-Aug-11 135 164 21.48% 12148 3
L&T Finance Holdings Limited 12-Aug-11 52 42.95 -17.40% 8260 5
Inventure Growth & Securities Ltd 4-Aug-11 117 149.15 27.48% 12748 2
Bharatiya Global Infomedia Ltd 28-Jul-11 82 8.13 -90.09% 991 2
Readymade Steel India Ltd 13-Jul-11 108 67.45 -37.55% 6245 2
Birla Pacific Medspa Ltd 7-Jul-11 10 5.98 -40.20% 5980 2
Rushil Decor Ltd 7-Jul-11 72 118.35 64.38% 16438 2
Timbor Home Ltd. 22-Jun-11 63 24.25 -61.51% 3849 1
VMS Industries Ltd 14-Jun-11 40 25.65 -35.88% 6412 1
Aanjaneya Lifecare Ltd 27-May-11 234 493.75 111.00% 21100 2
Power Finance Corporation Ltd 27-May-11 203 138.15 -31.95% 6805
Sanghvi Forging & Engineering Ltd 23-May-11 85 22.4 -73.65% 2635 3
Innoventive Industries Ltd 13-May-11 117 90.7 -22.48% 7752 3
Servalakshmi Paper Ltd 12-May-11 29 4.4 -84.83% 1517 2
Future Ventures India Ltd 10-May-11 10 9 -10.00% 9000 3
Paramount Printpackaging Ltd 9-May-11 35 5.29 -84.89% 1511 2
Muthoot Finance Ltd 6-May-11 175 155.4 -11.20% 8880 4
Shilpi Cable Technologies Ltd 8-Apr-11 69 9.76 -85.86% 1414 1
PTC India Financial Services Ltd 30-Mar-11 28 10.1 -63.93% 3607 4
Lovable Lingeries Ltd 24-Mar-11 205 310.9 51.66% 15166 3
Fineotex Chemical Ltd 11-Mar-11 70 61.25 -12.50% 8750 2
Sudar Garments Ltd 11-Mar-11 77 48.05 -37.60% 6240 1
Acropetal Technologies Ltd 10-Mar-11 90 10.92 -87.87% 1213 3
Omkar Speciality Chemicals Ltd 10-Feb-11 98 56.35 -42.50% 5750 3
Tata Steel Ltd 2-Feb-11 610 335.25 -45.04% 5496
Midvalley Entertainment Ltd 27-Jan-11 70 73.25 4.64% 10464 1
C Mahendra Exports Ltd 20-Jan-11 110 133.5 21.36% 12136 2
Shekhawati Poly-Yarn Ltd 12-Jan-11 30 23.05 -23.17% 7683 2
Return 298754

Please check back as we get into deeper analysis. Your comments and interesting observations are most welcome

]]> http://moneyvriksh.com/blog/2011-ipo-returns-and-analysis/feed/ 0 NFO: ICICI Prudential Capital Protection Oriented Fund II-Series VII-24 Months http://moneyvriksh.com/blog/nfo-icici-prudential-capital-protection-oriented-fund-ii-series-vii-24-months/ http://moneyvriksh.com/blog/nfo-icici-prudential-capital-protection-oriented-fund-ii-series-vii-24-months/#comments Fri, 17 Feb 2012 19:11:05 +0000 admin http://moneyvriksh.com/?p=4140 ICICI Prudential Mutual Fund has launched a new fund (NFO) in the name as ICICI Prudential Capital Protection Oriented Fund II – Series VII (24 Months period). The objective of the Plan under the scheme is to protect capital by investing a portion of the portfolio in good quality debt securities & money market instruments(88% – 100%) and also to provide capital appreciation by investing the balance in equity and equity related securities(0% – 12%). The securities would mature on or before the maturity of the Plan under the scheme. However, there is no assurance by the AMC that the investment objective of the Plans under the Scheme will be realized.

Download Application Form

Scheme Details

  • New Fund Opens: 14-Feb-2012
  • New Fund Closes: 27-Feb-2012
  • Period of Scheme: 24 months
  • Scheme Type: Close Ended
  • Scheme Category: Income
  • Entry Load: Not Applicable
  • Exit Load: Being a listed scheme, no exit load will be applicable. Investors shall note that the brokerage on sales of the units of the Schemes on the stock exchanges shall be borne by the investors
  • Offer Price: Rs. 10/-
  • Minimum Subscription: Rs 5000/-
  • Invest Now
Join the forum discussion on this post]]> http://moneyvriksh.com/blog/nfo-icici-prudential-capital-protection-oriented-fund-ii-series-vii-24-months/feed/ 0 NFO: Reliance Dual Advantage Fixed Tenure Fund-II-Plan A http://moneyvriksh.com/blog/nfo-reliance-dual-advantage-fixed-tenure-fund-ii-plan-a/ http://moneyvriksh.com/blog/nfo-reliance-dual-advantage-fixed-tenure-fund-ii-plan-a/#comments Thu, 16 Feb 2012 18:44:16 +0000 admin http://moneyvriksh.com/?p=4132 Reliance Mutual Fund has launched a close ended new fund (NFO) in the name as Reliance Dual Advantage Fixed Tenure Fund – II – Plan A of 3 year tenure. The objective of the  Scheme is to generate returns and reduce interest rate volatility, through a portfolio of fixed income securities under Debt Securities (35% – 95%), Money Market Instruments (0% – 60%) that are maturing on or before the maturity of the Scheme along with capital appreciation through equity exposure (5% – 20%).

Download Appliocation Form

Scheme Details

  • New Fund Opens: 15-Feb-2012
  • New Fund Closes: 28-Feb-2012
  • Scheme Type: Close Ended
  • Scheme Tenure: 3 years
  • Scheme Category: Income
  • Entry Load: Nil
  • Exit Load: Nil
  • Offer Price: Rs. 10/- Per Unit
  • Minimum Amount: Rs 5,000 and in multiples of Re. 1 thereafter
  • Invest Now
Join the forum discussion on this post]]> http://moneyvriksh.com/blog/nfo-reliance-dual-advantage-fixed-tenure-fund-ii-plan-a/feed/ 0 Multi Commodity Exchange (MCX) IPO http://moneyvriksh.com/blog/multi-commodity-exchange-mcx-ipo/ http://moneyvriksh.com/blog/multi-commodity-exchange-mcx-ipo/#comments Wed, 15 Feb 2012 17:50:15 +0000 admin http://moneyvriksh.com/?p=4123 Multi Commodity Exchange Limited, better known as MCX, is launching its IPO from 22-Feb-2012 to 24-Feb-2012. MCX, which incorporated in 2003, is the largest commodity exchange of India in terms of volumes. Financial technologies Limited is one of its key stakeholder. Following are the MCX’s world ranking:

  • No. 1 is silver trading
  • No. 2 in gold, copper and natural gas
  • No. 3 in crude oil

MCX has also been recognized as India’s first green exchange by Priyadarshini academy and its IPO has been assigned IPO Grade 5 by CRISIL, which means that the company has strong fundamentals

For Application form: Email at aarkay@moneyvriksh.com

Check MCX IPO Analysis and Review

IPO Details

  • Issue starting: 22 Feb 2012
  • Issue closing: 24 Feb 2012
  • Listing:  At BSE only (not NSE)
  • Face Value: Rs. 10 per equity share
  • Issue price: Rs 860/- to Rs 1032/-
  • Lot Size: 6 Shares and in multiple of 6 share thereafter
  • IPO Size: 6,427,378 Equity Shares of Rs. 10
  • Get Application Form
]]> http://moneyvriksh.com/blog/multi-commodity-exchange-mcx-ipo/feed/ 0 DSP BlackRock Dual Advantage Fund–Series 1-36M http://moneyvriksh.com/blog/dsp-blackrock-dual-advantage-fund-series-1-36m/ http://moneyvriksh.com/blog/dsp-blackrock-dual-advantage-fund-series-1-36m/#comments Tue, 14 Feb 2012 12:50:57 +0000 admin http://moneyvriksh.com/?p=4115 DSP BlackRoch Mutual Fund is launching a close ended new fund (NFO) on February 16, 2012 in the name as DSP BlackRock Dual Advantage Fund – Series 1 – 36M.  The main investment objective in the Schemes is generating returns and seek capital appreciation by investing in a portfolio of debt (50% – 100%) and money market securities (0% – 25%). The scheme also seeks to invest a portion of the portfolio in equity & equity related securities (0% – 25%) to achieve capital appreciation. The investments in debt and money market securities, the Schemes will invest only in securities which mature on or before the date of maturity of the Schemes. However there is no assurance that the investment objective of theSchemes will be realized. The fund will be listed on stock exchanges.

Download Application Form

Scheme Details

  • Scheme Opens: 16-Feb-2012
  • Scheme Closes: 29-Feb-2012
  • Fund Maturity: 02-Mar-2015
  • Scheme Type: Close Ended
  • Scheme Objective: Income
  • Entry Load: Nil
  • Exit Load:  Not Applicable (The Units under the schemes cannot be directly redeemed with the Mutual Fund as the Units will be listed on the Stock Exchange/s)
  • Minimum Investment: Rs.5,000/- and in multiples of Rs.1/-thereafter
  • Invest Now
Join the forum discussion on this post]]> http://moneyvriksh.com/blog/dsp-blackrock-dual-advantage-fund-series-1-36m/feed/ 0 All Infra Bonds 2011-12 Allotment Status and Details http://moneyvriksh.com/blog/all-infra-bonds-2011-12-allotment-status-and-details/ http://moneyvriksh.com/blog/all-infra-bonds-2011-12-allotment-status-and-details/#comments Thu, 09 Feb 2012 23:09:05 +0000 admin http://moneyvriksh.com/?p=4101 So many infrastructure bonds have launched this year. For each bond, investors need to track their details, application forms and then allotment status. So, we thought, we can combine all of them at one place so that investors like you can find all of them very easily. So, here we go with the compilation of infra bond scheme launched in financial year 2012 (April 2011 to March 2012), their application form and allotment status link

Company Status Application Form Allotment Status
IFCI Series 3 Closed Email Status
PFC Infra Bond 2011 Closed Email Status
IDFC Tranche-1 2011-12 Closed Email Status
L&T 2011-12 B Series Tranche 1 Closed Email Status
IFCI Series 4 Closed Email Status
REC Series 2011-12 Open Download Not Declared
SREI Infra bonds Tranche 1 Open Email Not Declared
PTC India (PFS) Series 2 Open Email Not Declared
L&T 2012A Tranche 2 Closed Download Not Declared
IDFC Tranche-2 2011-12 Open Download Not Declared
]]> http://moneyvriksh.com/blog/all-infra-bonds-2011-12-allotment-status-and-details/feed/ 3