NEET re-exam is on June 21
This time Indian Air Force is being deployed to transport question papers.
22 lakh students trying to become doctors.
And the system is so broken that Air Force is needed for an exam paper.
#neetupdate
@AstroSharmistha@URBANOYOGI Hello @grok , please share the details of the city where the restaurants actually got shut/closed due to the LPG.
Or simply, it is just the panic which is spreading amongst the public?
- People are okay with 5-7% salary hikes,
- Okay running businesses with 3-5 year paybacks,
- Okay buying real estate for 4-6 years.
But the moment they enter the market,
- They want at least ₹500–₹1,000 on a day basis or
- 30% returns in a month
Nice!
#Stockmarket
When Ambani Calls — the World Stops!
At Anant Ambani’s wedding celebrations, something India had never seen before happened — Shah Rukh Khan, Salman Khan, and Aamir Khan shared the same stage!
That same night — Rihanna performed her first full concert in nearly a decade, choosing Jamnagar over every global stage!
Followed by Diljit Dosanjh — the Punjabi pride with global swag performing for a guest list that blended Bollywood, business, and billionaires seamlessly!
Kim Kardashian and Khloé Kardashian, who once openly spoke about finding Indian food disgusting, later arrived in Indian attire, experienced Indian traditions, and witnessed an Indian wedding — when the entire world was already watching!
And now, it’s Lionel Messi, Luis Suárez, and Rodrigo De Paul, who extended their India visit by a day following an invitation from Anant Ambani — visited Vantara, performed puja, and attended a maha-aarti at Vantara!
Honestly, This was never in our Wildest Dreams! 🤯
Definitely, if anyone asks about the most powerful families in India, it has to be known as the "Ambanis"!! 💼
Do let me know your thoughts on this. Let’s talk! 💬
And don’t forget to follow me for more such insightful content!
#India #Messi #Ambani
We all know, Earlier IEX got rejected many times from 200 Levels!
I feel this time, it's 150 levels!
Looking at today's data, it got rejected from 150 Levels!
Disclaimer - Holding!
#IEX#Trading#Investing
Did I just hear this, right?
Market at 52 Week High! 📈
Portfolio at 104 Week Low! 😂
Is this true?
What's ur Portfolio Score Going?
#Stockmarketindia#trading#investing
India to host Commonwealth Games 2030 in Ahmedabad!
Experts, kindly comment your views!
It's Ahmedabad Again even for 2030!✨
Aage ki Fielding bhi set ho chuki hain! 😂🕺
#India#commonwealthgames2030
Avoid F&O Trading Please!✨🙏
One of the fellow traders has committed suicide yesterday morning!
He was in deep losses and to cover the same, he took a loan! But the results were negative and he ended up losing his life!
Loss recovery in F&O is a trap!
#Trading
Vikram Solar just opened a massive 5 GW solar panel factory in Tamil Nadu!
This takes their total production capacity to 9.5 GW - enough to power millions of homes.
Huge step for India's renewable energy push!
#VikramSolar#SolarEnergy#MakeInIndia
Ola Electric was listed in Aug 2024 at ₹76/share (₹33,522 cr valuation)
Touched ₹152 - Everyone said "Next Tesla! EV is the future!" 🚀
Now? Down to ₹41 📉
Reality check:
• FY24 loss: ₹1,584 cr
• FY25 loss: ₹2,280 cr (44% jump!)
• Total money raised: ₹6,145 cr
Mr. Market always shows the reality!
#OlaElectric #StockMarket #IPO
Is boAt — The Next Lenskart? 💼
After Lenskart IPO, now it’s Aman Gupta’s boAt that has become the talk of the town — and once again, not for the right reasons.
What if I told you — both boAt co-founders, Aman Gupta and Sameer Mehta, have resigned just days before the company’s much-awaited IPO?
Aman Gupta, once the face and Chief Marketing Officer (CMO) of boAt, is now a Non-Executive Director.
And Sameer Mehta, who served as CEO, has moved into an Executive Director role.
And guess what?
They’ve decided to take zero salary.
From ₹2.5 crore each last year — to nothing, right before the IPO.
Meanwhile, the people below deck — the employees — are changing fast.
Attrition has surged from 27% in FY23 to 34% in FY25.
That’s roughly one in every three employees leaving each year.
Even the company’s own DRHP admits: 🧾
“We cannot assure that our relations with our employees shall remain cordial at all times.”
The Numbers Tell Their Own Story 📊
📌 In FY23, boAt clocked revenues of about ₹3,284 crore, but ended the year with a loss of ₹129 crore.
📌 In FY24, revenues slipped further to ₹3,121 crore, and losses narrowed to ₹79 crore.
📌 And in FY25, revenues declined once more to ₹3,089 crore — yet the company finally turned a profit of ₹61 crore.
Three years, three dips in revenue — and suddenly, the company turned profitable just before the IPO.
And that’s not the only concern
There’s a ₹241 crore customs case under dispute, and another ₹505 crore in short-term dues payable within a year 🚩
The ESOP Angle
boAt created one of the largest ESOP pools in the Indian consumer electronics space — about 1.15 crore stock options (roughly 3–4% of total equity) across ESOP 2019, MSOP 2021, and ESOP 2023.
But here’s the catch — over 40% of these options have lapsed or been cancelled, and only a small fraction have actually converted into real ownership.
With 34% attrition, it’s clear that while incentives exist on paper, employee alignment and retention are slipping fast.
The Financial Reality
Out of the ₹1,500 crore IPO, only ₹500 crore is a fresh issue — the rest is an offer for sale, meaning money goes to existing shareholders.
At the same time, the company has ₹505 crore in preference shares reclassified as current liabilities, due within the next 12 months.
Once these payouts and legal obligations are settled, there’s very little left for real growth or manufacturing capacity.
And about that “Made in India” claim — it’s largely about assembly and packaging, not actual production.
Closing Thoughts
An IPO is often the dream every founder waits years to live — the moment when belief finally meets the market.
But here, just as the spotlight turns on, the very people who built the brand are stepping away from the stage.
With leadership exits, rising attrition, and big outstanding dues, one can’t help but wonder — is this growth, or exhaustion wearing the mask of success? 🤔
#Stockmarketindia #IPO #IPOAlert