Dear Ms. Kavya Maran,
As a veteran, I request you to kindly reconsider the decision to include Abrar Ahmed in your team. Regardless of his cricketing ability, his aggressive conduct & repeated statements spewing venom against India have caused deep discomfort among Indians.
You have earned immense respect & goodwill from the public. It would be unfortunate if a single decision were to cast even a faint shadow on that goodwill, much like a drop of lime in a bowl of milk.
I trust you will give thoughtful consideration to the sentiments of millions who hold both the nation and you in high regard.
Warm wishes 🙏
Allotment to be out tonight.
Retweet and Bookmark
Urban company:
https://t.co/b13J2jlFYV
Shringar house of mangalsutra :
https://t.co/b13J2jlFYV
Dev :
https://t.co/oXX1W0ZfML
Check with your pan.
All the best.
Which one will be out first?
#ipo#IPOAlert#allotment #mainboard #gmp #dev #shringar #urbancompany #linkintime
This is real Vote chori looks likes
- 'Sonia Gandhi in EC list before citizenship'
- 'Sonia Gandhi mentioned in the EC roll in 1980'
- 'Sonia Gandhi became an Indian citizen in 1983'
Rajasthan News : मन्नत पूरी होने पर सांवलिया सेठ मंदिर में चढ़ाया चांदी का पेट्रोल पंप | Amar Ujala
अन्य खबर के लिए दिए गए लिंक पर क्लिक करें : https://t.co/gOi2dG0XwK
#reelsvideoシ#reelsfbシ#rajasthan
CRIZAC Limited IPO
Final Verdict
Applying For Post-Listing Gains And Long-term
Highlights of the Issue :
Date : 2-4 July
Price Band : 233-245
Size : 860 Crore
(Full OFS)
M.cap : 4,287 Crore
Objects Of The Issue :
To Carry Out The OFS For Promoters And Achieve The Benefits Of Listing The Shares on The Exchanges
Key Pointers :
▪︎ Crizac is a B2B Platform between agents and Global universities offering
international student recruitment solutions for higher education
▪︎ The Company has Active agents in over 39 Countries facilitating higher Eduacation in countries like UK, Ireland, Australia, New Zealand and Canada
▪︎ Crizac Earns a commission from the institutions for the student recruitment which is partly passed on to the agents
▪︎ The Business Model is quite robust and scalable as the platform can offer Solutions like Eduacation Loan, Forex,
Application Assistance, Etc.
▪︎ The Company is looking to tap newer Geographies and penetrate deeper in the existing Geographies and indeed India itself is an emerging market for education for foreign students
Financials and Estimates :
FY23
Revenue : 517.8 Crore
PAT : 112.1 Crore
FY24
Rev : 763.4 Crore
PAT : 118.9 Crore
FY25
Revenue : 885 Crore
PAT : 152.9 Crore
FY26E
Revenue : 1,030 Crore
PAT : 198 Crore
Valuing Crizac at 30× FY26E PAT, Fair Value Comes At 340,
Implying An Upside Of 39%
Frankly Speaking this is a Solid Cash Generating Business (~500 Cr Cash on books) and the scalability via upselling, cross-selling and Inorganic Initiatives is quite robust
But we cannot value it by very Rich Multiples due to :
▪︎ Exposure to Geopolitical Risks (Although it has very minuscule exposure in Canada; UK is expected to see a growth of 30%+ CAGR in terms of Indian Student studying for higher education)
▪︎ The Company might find it difficult to show growth of this matured revenue base (Generally in such business models growth beyond $100-150 Mn isn't an easy task)
▪︎ Rise in Competition from Unlisted players like Leap Scholar, KC overseas, IDP, Apply Board, SI-UK, Canam,
Ambitio, Etc; Many of these Players rather Startups are raising funding and expanding aggressively which would led to Margin Suppression, Lower growth in volumes
Yes, This is also true that Startups in similar or Allied business are getting high revenue Multiples and crizac with lower Profitability
The IPO Pricing leaves 10-20% or even 25% Scope of Listing Gains but generally such businesses tend to move post listing after the dust is settled; so would apply for Post-Listing action (If Listing Gains are seen, would be more than happy)
Overall A Very Good Company with good set of investors in the Anchor with Scalable business model with strong Cash Flows and Superior Balance Sheet with Good Promoters at Reasonable Valuations
Just A Personal View, Only For Educational Purposes
Travel Food Services IPO
👉 Stock market people following auspicious number 9 is something that you can find very frequently.
Does this really work?
No idea here. 😅
PS : if you keep adding the digits, you will end up on number 9
यूपी के अलीगढ़ में पत्नी के साबुन से पति ने नहा लिया। इसको लेकर पत्नी भड़क गई। दोनों में झगड़ा हो गया। पत्नी ने पति पर ईंट से हमला कर दिया। इसके बाद पति ने उसे पीट दिया।
#Uttarpradesh#Aligarh
https://t.co/lu6A0YhPd2
सोनम रघुवंशी के प्रेमी राज कुशवाहा की तस्वीर आई सामने
◆ आज पुलिस ने सोनम को यूपी के गाजीपुर से एक ढाबे से गिरफ्तार किया
#SonamRaghuvanshi | Sonam Raghuvanshi | #rajaraghuvanshi | राजा रघुवंशी
The Tricolour flies high over the Chenab Rail Bridge!
It’s a feeling of immense pride that this bridge seamlessly blends ambition with execution, reflecting India’s growing capability to build futuristic infrastructure in the most challenging terrains.
UP के हाथरस स्थित सेठ पीजी बागला डिग्री कालेज में तैनात प्रो. रजनीश कुमार पर कॉलेज की छात्राओं को यौन शोषण का शिकार बनाने के आरोप में FIR दर्ज हुई है। पीड़िता ने 20 से अधिक लड़कियों के साथ अलग अलग फोटो पुलिस को उपलब्ध कराए है, जिसमे वह अपने ही दफ़्तर या आवास पर लड़कियों को अपना शिकार बना रहा है। बताया जा रहा है की आरोपी प्रोफेसर पिछले 20 साल से अब तक सैंकड़ो लड़कियों को पास कराने या फिर सरकारी नौकरी दिलाने के नाम पर अपना शिकार बना चुका है।
दरअसल शिकायत पहले भी हुई थी, तब कॉलेज प्रबंधन ने आंतरिक जांच में प्रोफेसर को बेकसूर साबित किया था। मगर अब सारे वीडियो सामने आने के बाद FIR दर्ज हो पाई।
आरोपी प्रोफेसर 👇🏻 कॉलेज बैग लिए लड़की संग