#AU Small Bank Can any expert confirm if AU Small bank has the feature for account liked FD so that IPO can be applied without breaking the FD (i.e. a feature similar to moneymultiplier in ICICI and ActivMoney in Kotak Bank). Thanks
OFF TOPIC Want to open a new demat and trading a/c for my daughter. Which one is better SBI securities or Zerodha ? Having Bank savings a/c in SBI. Seniors please guide.
@krishna t isme Chennai bich mein isliye aaya kyu ki zebu itna popular broker nahi hai...isliye information Diya...aapko top contributor ki upaadhi backc hodi ke liye Mila hai kya..
115.7. Krishna T| Link| Bookmark|
September 11, 2023 7:55:40 PM
IPO Guru (1600+ Posts, 900+ Likes)
Ha ha! Sorry for that but no Gali please.
You meant Zebu is better than Zerodha in terms of features?
Krishna T. all i am saying is that zebu is good you can give a try atleast and now a days every person is having two to three brokers...platform runs smoothly. low customer base but they treat everyone same. even you can opt for zero (Rs 1) brokerage under scheme of per month. you can use same fund for mcx and nse/bse/fno. only problem is that they charge CM charges..but that is also too low. GooD night sir. and backchodi is not gaali
My whol family was using sbi for more than decades But frankly speaking it's not good as new gen brokers such as dhan fyers zerodha or angel Brokerage is hefty and did not get proper support Currently using angel dhan and fyers
115.10. PeterEngland| Link| Bookmark|
September 12, 2023 8:48:36 AM
Top Contributor (200+ Posts, 100+ Likes)
@ipobazaar Have checked out Zebu, they seems to be charging brokerage on Delivery trades too, ProStocks/Zerodha are much better and well known options. What's a point of signing up for unknown broker with no benefits?
Also there are few brokers like finvasia, mstock who charge 0 brokerage but their customer service is horrible.
On seeing the subscription particulars and comments of knowledgeable n experienced gems of the forum, we have decided to make two applications in Retail Category. Hopefully looking forward for at least allotment of one lot. Thank you.
113. YBPK| Link| Bookmark|
September 11, 2023 10:08:26 PM
Top Contributor (200+ Posts, 600+ Likes)
Dependable LM although at times listing are below quoted GMP, e.g. Ratnaveer, Sahaj Fashions Heavily promoted by “IPO Bazaar Sonipat” Company is a civil contractor with emphasis on STP and water treatment civil works with government and govt bodies being main clients Poor cash flow, given nature of business and clients. PBT of last 3 years is Rs 351 cr while CFOB4T is Rs 32 cr, increase in inventory and receivables being main reason Gross margin of the company has dropped from 40% in 20-21 to 33% in 22-23 Debt / EBITDA for 22-23 is comfortable at 0.30 In July-23, company garnered Rs 33.76 cr through private placement of 16 lac shares @ Rs 211 Company has 316 employees. Company deposited PF of 78 employees for Jul-23 and 61 employees for Jul-22 Revenue has grown by 63% from 20-21 to 22-23 while legal and professional fees have moved from Rs 27 lacs to Rs 347 lacs, power & fuel from Rs 98 lacs to Rs 223 lacs, fees and subscription from Rs 1 lac to Rs 54 lacs, charity and donation from Rs 2.5 lacs to Rs 64 lacs, rent rates and taxes from Rs 3 lacs to Rs 32 lacs Company has non current borrowing of Rs 45 cr and that too is related to 1 project, HAM of Mirzapur Ghazipur. Other wise it is net debt positive Receivables at Rs 170 cr are roughly 1/3rd of sales implying DSO of 120 days Company has Rs 120 cr in cash and bank balances while another Rs 140 cr is in form of EMD, advances, deposits, balances with indirect tax authorities etc. As on 31-mar-23 company had Rs 63 cr in current account. Presume this is a year end anomaly. Based on working capital projections, company targets revenue of Rs 690 cr in 23-24, a growth of 28% over 22-23.