Market officials say the turmoil has already begun to await the forthcoming list of these stocks. Advertisers rush to the unregistered market to buy these stocks before opening the price.
Some of these companies have strong papers and reliable funds to support the crisis.
ETMarkets.com compiled a list of anonymous names that have been rocking the gray market in recent weeks amid discussions that could be recorded in the next 18 months.
HDB Financial Services (HDBFS) | Market price not specified here:
With the strong parents of the HDFC team, HDB Financial Services is the leading NBFC team that is moving through the gray market and seeing more demand from investors. Established in 2008, NBFC supports both sales and marketing clients. It has a well-established credit business, payment services and BPO operations with strong capital. Approved by ‘AAA’ on its long-term loans and banking with CRISIL and Care Ratings. Its short-term loans and CPs voted A1 +, making it a reliable financial institution.
Take an Expert: Sagar Shah of Ascent Wealth Advisors believes it is a good bet for the NBFC. Although expensive, it is about to grow with white paper and durable paper.
“People are buying the goods at an undisclosed price at an affordable price. It is very likely that the IPO will receive over-enrollment. As a result, there is much happiness, “he said.
Technology | Unspecified market price: Rs 650
Nazara Technologies based in Mumbai is one of the leading mobile gaming companies operating in India, West Asia, Africa, Southeast Asia and Latin America. His services include subscriptions, freemium businesses and Esports.
The company has independent organizations, Next Wave Multimedia and NODWIN GAMING.
Big Bull Rakesh Jhunjhunwala is supporting the project, which is known for other popular games on the Google play store, such as the World Cricket Championship, Chhota Bheem Race and Motu Patlu Game.
According to the company the reduction in profits up to Rs 1 crore at FY17-18 was due to unspent and special funds including group salaries and collections of employees.
Recruitment Expert: Dinesh Gupta of Unlisted Zone says the company has recently ceased to be attractive. However, it has been brutal on the purchase, as it recently acquired a value of Rs 7.5 crore on India’s flagship Sports Unity program.
Tamilnad Mercantile Bank (TMB) | Market price not mentioned here: Rs 370
Formerly known as The Nadar Bank, the lender has more than 500 branches and 12 offices throughout the country. All the branches are connected to a computer and are connected. Hailing from Tamil Nadu, the bank has strong roots in southern India.
Recruitment Expert: These sales have received a variety of feedback from market experts. Sandip Ginodia of Abhishek Securities finds TMB a valuable bet. “The stock is available at 1.25 times the price of books. A strong credit note keeps the numbers high,” he said.
Gupta of UnlistedZone said the developments at YES Bank and RBL Bank have led to the collapse of these stocks in an undisclosed market as there is a good bet on the market.
Reliance Retail | Unspecified market value: Rs 600
Reliance Retail, part of the Reliance team, is India’s largest retail company. The Mukesh Ambani-led project operates at Reliance Fresh, Reliance Smart and Reliance Market Stores, and costs Rs 1.3 lakh crore. It also works on all Reliance Digital, Mini Express Stores and Jio Stores services.
In addition, it also runs Reliance Character, Trends Women, Reliance Jewels, Reliance Footprints and Ajio fashion page.
According to its annual FY19 report, the subsidiary Reliance Industries owned 10,415 real estate in more than 6,600 Indian cities and towns, with an area of more than 22 million sq. Km. ft. effective March 31, 2019.
Recruitment Expert: Shah of Ascent Wealth believes stocks are higher than their Avenue Supermarts counterparts. Reliance Retail operates on a large scale, which still maintains continuous pressure on the edge. “The company has a lot of sponsors. The trade issue is progressing in India.”
He and Ginodia provided this guide from a long-term perspective.
Education Chalk I Current market share price: Rs 700
Studds are one of the largest manufacturers of two-wheeled hats in the world. It has a 25% market share in India, boasting safety, comfort and style.
Incorporated in 1983, the company has two production facilities spread over 6 acres in Faridabad, Haryana.
The company is located in 39 countries and has launched 36 new products in the last three years in seven different categories. The company also manufactures dual gear such as jackets, gloves and goggles. The company has already drafted DHRP and Sebi.
Recruitment Expert: Gupta says Studds will be the main beneficiaries of the new Motor Vehicles Act. There is a great demand for hats in the market and the company has a bigger share in the market. He also said that non-ISO-certified helmet manufacturers will receive a lot of fines.
Chennai Super Kings (CSK) | Unspecified market price: Rs 30
The unnamed shares of the IPL permit have been attracting a lot of interest amid rumors that MS Dhoni may retire. CSK has been very successful in the IPL, winning three times. Unpublished articles were sold at Rs 12-15 last week of November, 2018, then jumped up to Rs 30-35 by mid-April 2019.
Recruitment Expert: Ginodia and Shah find the item very attractive. Ginodia said the company’s FY19 PAT was on the expected lines. Shah, however, is skeptical of the declining value of Dhoni’s retirement. But, too, he finds that stocks are at a certain level.