Balachandran S

★ 27 yrs of stalking & talking Financial & Capital Markets in India ★ ex - Investment Banker ★ Advised & helped manage Big Money ★ SEBI RA INH000025382 ★

[Balachandran S @MoneyManBala]

Ukraine business model

#OperationSindhoor

[Balachandran S @MoneyManBala]

This wealth management company's clientele should be worried about what they are being sold or how their money is being managed!

The best stories are written on MS Excel!

[Neil Borate @ActusDei]

The head of a large wealth management firm said at an event I attended:

"I have given a gift of 20 lakh to my son. I told him it will take care of his retirement. 20 lakh will become 216 cr after 50 yrs at 15% CAGR."

It got me thinking. But what about inflation?
At 6% inflation that's 11.7 cr in today's money.
At 8% it is 4.6cr.

How realistic is 15% even?

A 12% CAGR gives you 58 cr in future money and 3 cr in today's money.

The financial industry sells dreams. They know fully well, they're not going to be around after 50 yrs or even 10 yrs in the same firm, to take accountability.

Even 3 cr is good, but let's not oversell it.

[Balachandran S @MoneyManBala]

Exactly what I am doing right now!

[Anupam Gupta @b50]

All your expenses are paid for the rest of your life. What will you do now?

[Balachandran S @MoneyManBala]

Lack of liquidity holds some of the most painful lessons in the markets for retailers!!

[Amit Kumar Gupta @amitgupta0310]

Criterion of migrating SME companies to the mainboard has been tightened. Minimum 3yrs of listing at SME platform. Minimum m-cap 100cr. No default of payments in 3yrs. No material SEBI case on the management in 3yrs.

This, along with new SME IPO norms which came in Jan-2025, will clean up the segment. Many will never migrate and/or eventually be delisted.

[Balachandran S @MoneyManBala]

How many people missed seeing thru the lack of corporate governance??!!

#Gensol #GensolEngineering

[Aviral Bhatnagar @aviralbhat]

BluSmart had 13 seed rounds from 2019 to 2021, and 20 Series A rounds from 2021 to 2024

Has an astonishing 180 unique investors and a lot of people are now saying "we passed", but there is a whole universe of investors with small checks

The fundraising was very strange

[Balachandran S @MoneyManBala]

Applies to most stock traders / investors on @X

#stockmarketsindia #Trading #investing

[Prof. Feynman @ProfFeynman]

You can know the name of a bird in all the languages of the world, but when you're finished, you'll know absolutely nothing whatever about the bird. There's a difference between knowing the name of something and knowing something.

[Balachandran S @MoneyManBala]

Great points.
This is happening in many other companies too.
#GENSOL is just one name popping up.

#GensolengineeringLtd

[Shyam Sekhar @shyamsek]

Here is the worst kept secret playbook in the SME stock manipulation.

The operators were getting the daily shareholders master list. Checking who is buying and who is selling. Orchestrating people to buy. Stopping people whom they advise from selling. Tightly controlling float on a day to day basis. They even ran illegal portfolio management services by using this method. If an investor broke ranks and sold, he would be rusticated from their network. They were doing investment banking for potential SME companies. A raging private placement trade was being run by them. Premiums were paid in cash by greedy investors wanting a piece of the magical wealth pie they were cooking up. The racketeers were simply on a rage for three years.

This is a full blown mafia. The irony is that all this was mistaken for investment genius even by the broader investor community. Hugely successful investors fell prey to greed and put their money on these frauds and hucksters.

The exchanges could easily have caught all this. But, they chose to look the other way.

[Balachandran S @MoneyManBala]

Very well said!

[Vijay Kedia @VijayKedia1]

There are many 'Gensol'still hiding in the cupboard—waiting to tumble out with time. Let’s hope it’s not too late by then.
10 Red Flags That Scream Before a Scam.
It’s wiser to be wary of companies that:

1. Talk big and overpromise
2. Maintain constant media presence — through news coverage, hyperactive social media posts, and endless interviews
3. Magnify even the smallest developments
4. Raise funds frequently without clarity on deployment
5. Diversify into unrelated businesses just to ride trending narratives
6. Overuse flashy buzzwords to sound innovative without real substance (e.g., “AI-powered,” “next-gen,” “disruptive”etc )
7. Flaunt lavish promoter lifestyles that don’t match company performance
8. Have high levels of promoter pledging
9. Face frequent exits of key personnel (CFOs, auditors, CXOs)
10. Engage in excessive related-party transactions

And yes — there may be more red flags beyond this list. Stay curious. Stay cautious. ⚠️ 📢
#investing #investor #StockMarket #shares #sharemarket

[Balachandran S @MoneyManBala]

Family offices also invest on narratives & FOMO.

A lot of them seem to have convinced themselves that they are like VC funds, where they can allow a few investments to go to 0, which will be compensated for by a few investments multiplying.

[Amit Kumar Gupta @amitgupta0310]

Just came across this. @msdhoni family office invested in Gensol as recent as Jan-2025. I mean, the height of the lack of Due diligence by everyone involved. Koi saga nahin, jisko thaga nahin.

[Balachandran S @MoneyManBala]

Now, finfluencers are split into two groups:

1. Those who recommended GENSOL & were trumpeting about it then
2. Those who saw through it and are trumpeting about how they saw through it (and also pinpointing those who trumpeted then)

Amongst the ones who recommended the stock then, it seems all of them got out well in time.

But retailers still hold ~31% (as of Dec 2024 end).

Wahh re wahh!!

#gensolengineering #GENSOL #Finfluencers

[RedBoxxLocal India Parody @REDBOXINDIIA]

Gems of Gensol Engineering

Ft @sovrennofficial

[Balachandran S @MoneyManBala]

Lot of people talking about finfluencers giving out paid tweets for #gensolengineering.

#GENSOL share holding pattern indicates ~31% holding by individual investors as of Dec 2024. God knows how many more would have 'averaged out'.

Be very careful of big handles which posted about GENSOL when the share was being pumped up.

#stockmarketsindia

[Balachandran S @MoneyManBala]

Other promoters are supporting???

Wow!!!

GENSOL turned out to be a blatant fraud.

[Narayanan Hariharan @narayananh]

BluSmart was a loot, not a startup.

SEBI has laid it bare: Anmol & Puneet Jaggi raised ₹975 Cr, routed ₹200+ Cr through a car dealer, and funneled crores into companies they privately owned.

Anmol alone pulled out Rs. 25.16 Cr.
•Rs. 6.2 Cr to his mother
•Rs. 3 Cr to his wife
•Rs. 1.8 Cr in foreign currency
•Golf kits, Titan, travel and spa bills - it’s all in the order.

This wasn’t mismanagement.
This was design.

But still there are founders supporting them saying “They meant well.”

No.

This was fraud - wrapped in ESG, hyped by PR, and funded by silence.

[Balachandran S @MoneyManBala]

This is an extremely important step - regular updates from SEBI on social media.

Pls do vote.

[Rajiv Mehta @rajivmehta19]

I believe @SEBI_updates should publicly inform the ongoing #investigations of listed companies and the names of the promoters being investigated so that #investors can make informed decisions.

@safiranand

Let's start a campaign so that #SEBI should have a dynamic webpage dedicated to this.

Let's have a poll about whether informing investors about ongoing investigations of listed companies is needed.

[Balachandran S @MoneyManBala]

This is a very important move for RAs & IAs.

[Neil Borate @ActusDei]

Can you show past performance? If you're an RA or RIA, now you can, through a Sebi-licensed performance validation agency (PARRVA).

Good but it leaves out bank RMs, MFDs who might claim fund picking skills (who will verify?)

Story by @sashindnj
https://t.co/AEs7549mC0

[Balachandran S @MoneyManBala]

Perfectly said, @SahilKapoor.

I will add one more to the list:

9. It is OK to take leverage / Margin facility as markets eventually go up.

[Sahil Kapoor @SahilKapoor]

The Wrong Lessons of This Cycle That Investors Should 'Un-learn'

1. Stocks can't fall because there's so much money on the sidelines – SIP flows, FIIs, financial literacy, etc.

2. We'll hit $ XX trillion GDP, so buy stocks.

3. No need for debt, gold, or FDs – equities are the only game in town.

4. New-age themes and tech will change the world. Can't miss investing in them.

5. If the US Dollar Index falls, EMs will rise.

6. We don't need large caps – only SMIDs deliver alpha.

7. I can do it on my own.

And the most blatantly wrong one:

8. Valuations don't matter.

[Balachandran S @MoneyManBala]

Most people would not realize what a tough decision this would have been with the Rupee control measures already on and flows threatened because of tariffs.

[RedboxGlobal India @REDBOXINDIA]

RBI CUTS REPO RATE BY 25 BPS AT 6.00%

[Balachandran S @MoneyManBala]

When the world economic & trade order is changing, it's very difficult to know which ring to kiss.

That's not the issue;
the issue is that India still feels the need to kiss the ring & pledge allegiance!!

While China comes with its own neighbourly complications, this could have been a conditional olive branch.

[Yatin Mota @yatinmota]

COMMERCE MINISTER SAYS NO TO BYD EV INVESTMENT: Bloomberg

Positive for Indian Auto Companies

India to restrict market access to BYD while wooing rival Tesla (TSLA) to invest - Bloomberg

The announcement was made by India’s Commerce Minister Piyush Goyal on Monday. "India has to be cautious about its strategic interests, who we allow to invest," Goyal stated during an interview with Bloomberg Television’s Haslinda Amin at the India Global Forum in Mumbai. *He confirmed that, for the time being, BYD would not be granted access to the Indian market.*

https://t.co/xPjtMYSn3m

[Balachandran S @MoneyManBala]

Hope its HDFC Bank.
The world could be a better place!!!

[Tamal Bandyopadhyay @TamalBandyo]

Senior executive of a large private bank has been asked to go for a sabbatical, pending investigation on aggressive sales practice. Any guess who?

[Balachandran S @MoneyManBala]

Apt post for today's market opening!!

[Neil Borate @ActusDei]

Every crash looks like there's no getting back up. In April 2020, we interviewed @iRadhikaGupta when her equity was 20% down. She had an emergency fund, stuck to her guns and benefited from the recovery. The title of our story? 'Key is to stay calm' https://t.co/llNnIv5Kya