Thursday, 7 August 2014

Buying shares in the following companies :

Contact  :

Sandip Ginodia , Director
We deal in over 60 unlisted companies with 15 years of experience .
For latest prices visit : www.abhisheksecurities.com/unlisted.htm / call : 09830271248 .


We are buying shares in the following companies at the rates mentioned below.

Share Name Price
ICICI Pru Life Rs. 180
ICICI Lombard General Insurance Rs. 120
Ratnakar Bank Limited Rs. 160
Catholic Syrian Bank Rs. 155
Tamilnad Mercantile Bank Rs. 65000
Bharat Nidhi Rs. 5250

NBI Industrial Finance Limited

NBI Industrial Finance Limited ,
Strand Road,
Kolkata-700001

NBI Industrial Finance Limited was originally incorporated in Lahore in 1935 as The New Bank of India Limited. Dr. Ganeshi Lal Aggarwal and Mr. Kohli were the original promoters.


After 1947 the Registered office was shifted to New Delhi. To provide for the losses due to partition the face value of the share was reduced from Rs. 10 to Rs. 5 . Later, The New Bank of India Ltd. was nationalised. Most of the non promoter shareholders took cash compensation.


The Registered Office of the Company was shifted from Connaught Place, New Delhi to Strand Road , Kolkata. The share's face value was consolidated to Rs. 10.


Share Capital : Rs. 1 cr 12 lakh

Reserves : Around Rs.11 cr

 NBI Industrial Finance Company is , now , the investment holding Company of Bangurs ( Benu Gopal Bangur of Shree Cement group ). They were the promoters of New Bank of India at the time of nationalisation. As the Company has holding of Shree Cement Ltd. it is expected that the market worth of its holdings is many times the book value . It holds , inter alia , around 8 lakh 50,000 shares of Shree Cement ( Book Value around Rs. 2 Crore 40 lakh ).


The Executive Chairman of Shree Cement Limited Benu Gopal Bangur is Chairman NBIIndustrial Finance. Other associate companies of BG Bangur include The Didwana Industrial Corporation Limited ;Khemka Properties Pvt Limited ; Digvijay Finlease Limited etc.


There have been numerous complaints among share holders of non receipt of Annual Report..


Sandip Ginodia , Director
We deal in over 60 unlisted companies with 15 years of experience .
For latest prices visit : www.abhisheksecurities.com/unlisted.htm / call : 09830271248 .

Gujrat NRE issues bonus shares

Gujarat NRE Mineral Resources Limited


Bonus Issues (26.5.2013)
Board Recommends Bonus Shares (26.5.2013) 
Keeping with Gujarat NRE Group’s policy towards creating value for its investors, the Board of Directors proudly recommends issue of Bonus Shares in the ratio of 1:2 i.e. one equity share of Rs. 10/- each to be credited as fully paid-up for every two existing equity shares of Rs. 10/- each of the Company.
In the interest of the Company and its non-promoter shareholders, the promoter of the Company Mr. Arun Kumar Jagatramka, his family members and the entities belonging to the group, have decided to waive their respective entitlements to receive Bonus Shares as aforesaid. Accordingly, the Bonus Shares would be issued to non-promoter shareholders only. Consequently, post issue of Bonus Shares, the stake of the promoter group in the Company would come down from present 89% to around 82%.
The aforesaid recommendation of Bonus shares is subject to the shareholders' approval at the next Annual General Meeting of the Company to be held on 28th June 2013 and if approved, bonus shares would be issued to the members whose names appear as on the Record Date to be fixed by the Board at a later date.
OFCB holders to get Bonus Shares on conversion (26.5.2013)
The Board is pleased to extend the benefit of Bonus Shares (1:2) to the holders of Optional Fully Convertible Bonds (OFCBs) upon exercise of option of conversion of Bonds before 16.8.2013. Hence, on the conversion of One Bond of Rs. 30,000/-, the holder will get 3000 equity shares of Rs. 10/- each (2000 equity shares towards conversion and 1000 equity shares towards bonus) instead of 2000 equity shares.
Bonus Issues (23.06.2014)
The Board has recommended issue of Bonus Shares in the Ratio 1:5 i.e.; one bonus share for every five existing shares to the non-promoter shareholders for the approval of the shareholders at the next Annual General Meeting to be held on 23rd August 2014.


Sandip Ginodia , Director
We deal in over 60 unlisted companies with 15 years of experience .
For latest prices visit : www.abhisheksecurities.com/unlisted.htm / call : 09830271248 .