Finally exited Avp infra in loss. The way it was falling, there must be something seriously wrong, which insiders may know and hence offloading all shares. #avpinfra@avpprasanna kindly clarify for those struck in your company. Bye. All d best.
@sdg7_20241@RajenderPassi1 Bhai there seems to be no end of this fall. Hoping for the best. Seems like something really bad will be coming up. Will hold
@Termi_chan@avpprasanna Main board companies attract liquidity. Not everyone trades in SME due to lot restrictions. So Price discovery becomes easy. Since avp infra is trading for less than 5 PE. It can become multibagger if it moves to main board.#avpinfra
@avpprasanna sir, as shareholder, request you to please proceed with migration of avp infra shares to main board as it can only arrest free fall of shares price.
#avpinfra#smestocks
LOL! The grand moron is pleading with India Inc to invest, which means India Inc is not keen to do more business in India. From FY 21 to FY 25 the outbound investment by India Inc is around $110 Billion and it's going to increase in the months and years to come.
https://t.co/EFQwxqOS7s
https://t.co/HiIfgNaln9.
On the other hand, this fraudulent Govt cooked up statistics again to peg the Q3 FY 26 GDP growth at 7.8 percent.
Why would India Inc invest in India when there's a dearth of talent due to brain drain on the one hand and QuotaRaj zombies filling up the professional and higher educational institutions owing to Hisab Chukta Doctrine and QuotaRaj politics of the anti-merit anti-GC zombie ruling the country?!
Why would anyone from India Inc look at their motherland as an investment destination when a meagre 1.5% of the population is subjected to all forms of income tax on their income with a freebie budget running into billions of dollars every year distributed to a billion plus freeloaders?
Why would India Inc invest in a country where the political leaders and bureaucrats are corrupt scumdogs acting as leeches sucking blood from businesses and taxpayers for their luxurious lifestyle?
https://t.co/si3Stqg6tg
The structure seen in this post is a beam over Portal Pier P189 on LBS Marg, Mulund (West), where a precast beam segment connects with a cast-in-situ portion over the pier. A construction joint at this location is a normal and approved engineering practice. During concreting, foam sheets were temporarily used to seal shutter gaps and prevent leakage of cement slurry. What appeared in the photographs were remnants of this foam material, not structural cracks. These remnants were identified, removed, and surface-finished by grinding during the night of 07 February 2026 (Saturday). The structure is safe and structurally sound, and there is no cause for concern.
MMRDA follows a robust approval process for Metro construction, involving nearly 1,200 approvals. In addition, all projects require statutory clearances from bodies such as the Research Designs and Standards Organisation (RDSO), the Independent Safety Assessor (ISA), and the Commissioner of Metro Rail Safety (CMRS), which are reviewed and renewed periodically.
This post seems to either be a misguided or a deliberate attempt to spread panic. Requesting people not to spread misinformation and panic. Also flagging off the post to @X@XCorpIndia for spreading misinformation.
@CMOMaharashtra@MumbaiPolice@Dev_Fadnavis@mieknathshinde@DrSanMukherjee@PIBMumbai@mumbai_cyber
Notes on consultation paper on Review of SME segment framework dated Nov 19,2024
Proposals for Framework Review
· Pre-listing provisions under ICDR.
· Corporate governance norms under LODR.
Increase minimum application size:
· Option 1: ₹1 lakh → ₹2 lakh.
· Option 2: ₹1 lakh → ₹4 lakh.
NII allocation alignment : Split into sub-categories:
o Applications ≤ ₹10 lakh.
o Applications > ₹10 lakh.
Minimum allottees for SME IPO: Increase from 50 to 200
Restrict Offer for Sale (OFS) in SME IPOs
· Maximum 20% of issue size.
· Selling shareholder's OFS capped at 20% of pre-issue shareholding.
Lower the threshold for appointing monitoring agencies
· Fresh issue size > ₹20 crore (down from ₹100 crore).
Phased lock-in release for promoter holdings
· Minimum Promoter Contribution (MPC): Lock-in for 5 years.
· Excess holdings: Phased release (50% after 1 year, remaining after 2 years).
General Corporate Purpose (GCP)
· Restrict to 10% of issue size or ₹10 crore, whichever is lower.
Eligibility for IPO
· Mandatory operating profit of ₹3 crore (any 2 of last 3 years).
· Minimum issue size of ₹10 crore.
Migration to Main Board
· Companies not meeting migration criteria must comply with Main Board governance norms if paid-up capital exceeds ₹25 crore.
Offer-for-Sale (OFS) Restrictions
· Limit OFS to 20% of issue size.
· Selling shareholders' OFS capped at 20% of their pre-issue shareholding.
Monitoring Proceeds
· Appointment of monitoring agency proposed for fresh issues exceeding ₹20 crore.
· Specific objects (e.g., funding subsidiaries, acquisitions) mandate monitoring regardless of issue size.
· Statutory auditor certificates required for utilization of funds for smaller issues.
Additional Restrictions
· Companies formed from partnerships or LLP conversions must operate for two full financial years post-conversion before filing for IPO.
· A two-year cooling-off period required if:
o There is a change in promoters.
o New promoters acquire >50% shareholding within two years of IPO filing.
Minimum Issue Size
· Proposed threshold: ₹10 crore.
Profitability Requirement
· Companies must achieve operating profit (EBITDA) of ₹3 crore for 2 out of 3 preceding years.
Face Value and Conversion Criteria
· Uniform Share Face Value:
o Mandate ₹10 face value for all SME shares to ensure financial comparability.
Migration to Main Board
· Paid-Up Capital Threshold:
o Current threshold: ₹25 crore for mandatory migration.
· Proposal:
o Allow SMEs to raise funds beyond ₹25 crore without migration if they comply with Main Board governance and disclosure norms.
· Migration to Main Board allowed once eligibility criteria are met.
Objective Restrictions
· Disallow IPO proceeds to repay promoter loans.
· Working capital exceeding ₹5 crore requires auditor certification of fund utilization.
Disclosure Enhancements
· Senior-Level Employee Disclosure:
o Mandate disclosure of key departmental heads (e.g., Sales, IT, Plant, Finance) and their experience.
· Employee Statutory Compliance:
o Include ESIC/EPF details (number of employees, payment history, delays).
· Merchant Banker Due Diligence:
o Site visit reports to form part of inspection documents for IPO filings.
Merchant Banker Fees and Public Access
· Fee Transparency:
o Mandatory disclosure of Merchant Banker fees in RHP.
· Public Access to DRHP:
o SME DRHPs to be available for 21 days for public comments.
o Public announcement required in English, Hindi, and regional newspapers.
Related Party Transactions (RPTs)
· Applicability of RPT Norms:
o Extend Regulation 23 of LODR to SME entities except those with:
§ Paid-up capital ≤ ₹10 crore.
§ Net worth ≤ ₹25 crore.
o Materiality threshold for approval:
§ Transactions >10% of annual consolidated turnover.
Board Composition and Meetings
· SMEs must disclose:
o Board and committee composition.
o Meeting details (dates, attendance).
· Quarterly filing in XBRL format proposed.
Quarterly Filings
· SME entities to submit:
o Shareholding pattern.
o Statement of deviations/variations.
o Financial results.
· Aligns with Main Board requirements.
Objects of the Issue
· Restrictions on Loan Repayments:
o Prohibit SME IPO proceeds from being used to repay loans of promoters, promoter groups, or related parties.
o Objective: Ensure funds are utilized for business growth, not debt relief of related entities.
· Working Capital Requirements:
o Proposals include:
§ Mandating statutory auditor certification for funds raised exceeding ₹5 crore.
Public Access to DRHP
· Public Comments for SME IPOs:
o DRHP to be made available for 21 days for public feedback.
o Requirement to publish announcements in English, Hindi, and regional newspapers.
o Goal: Enhance transparency and address concerns before IPO.
@Shruti_Investor Stock is not rising even after such great results.
Too much dilution of equity.
Old investors are exiting which shows their lack of confidence in the company.
No promoters.
Once this artificial liquidity dries up you wont find exit
Chaman Metallics
Great multibagger in making.
Low PE 20.59
Expansion of 296cr plant is almost complete vs current mkt cap 257 cr
New expanded capacity when operational will result in 3x revenue and profit
#CMNL#Multibagger#stockstofocus#StocksToBuy#StocksToBuy#SEBI
@ajkkk121 Will you call any undervalued business trying to discover its true value after posting best results such as "pump and dump" ????
Haven't you seen rally in the energy and solar sector recently ??
@ajkkk121 Seems like you have sold yesterday in panic.. now regretting it when it again touched UC. Solid undervalued businesses can't be pumped and dumped. I shared its chart when it was 23 and it is respecting all technicals very accurately.