Jay

Personal Opinion | learner | Geo-political economics | Open to work

[Jay @jayp0506]

#websol #waaree #premier #solar #supplyglut #overcapacity

A lot of people on X keep saying India will have too many solar panels and the market will collapse.
This is what I call the Reservoir Illusion.
When factories announce big capacity, people think the market will flood. But it never works that way.

Open the thread🧵

1/n

[Amit Mishra @MeAmitMishra]

indeed, every step of solar pv cell mfg is highly complex - from setting up & sourcing equipment (from multiple vendors for clean rooms & utilities) & assembling, to procuring ultra-high purity raw materials, commissioning & ramp-up, to operations

kudos to govt for its massive push in bringing the Indian solar industry to where it stands today. incredible stuff.

[Jay @jayp0506]

@MeAmitMishra Sir 🙏🏻

[Jay @jayp0506]

#websol

1. Company Name: Websol Renewables Private Limited

2. CIN: U26109WB2025PTC283588

3. EPFO Establishment Code: WBPRB3732335000

4. EPFO Office: Park Street, Kolkata (Region: WB-Kolkata)

5. Address: 52/1, Shakespeare Sarani, Unimark Asian, 8th Floor, Kolkata, West Bengal, 700017

6. Date of Setup / Establishment: 13-Oct-2025

7. Primary Business Activity: Others

8. Parent / Related Entity: Likely linked to Websol Energy System Limited (same group, Kolkata-based)

@MeAmitMishra sir
@Investindia6 sir

[Jay @jayp0506]

@Sarthak_1987 @Investindia6 Obviously positive, Sarthak bhai

[Jay @jayp0506]

@Investindia6 Yeaahh sir 🥂

[Jay @jayp0506]

@MeAmitMishra Yes sir, I shared this because today the company has initiated the process

[Abraham George @runprofits]

Watched the NDTV interview with Sohan Lal ji, the MD of Websol.
This was the first public interview I’ve seen from him, and I must say — he came across as confident, structured, methodical, and pragmatic.

At this stage, my main concern is timely execution. However, based on the company’s delivery over the past two years, it’s only fair to give the management the benefit of the doubt. Barring any logistical hiccups, things should shape up well for Websol — especially considering that Andhra Pradesh remains an investor-friendly state.

From a price perspective, we’ve seen the stock test some extreme levels recently. It appears that prices have rejected the 1000 mark and found solid support. That said, a move above 1280 would offer much greater confidence. This 1280 level has been a pivotal zone, with Websol spending considerable time around it during the recent downtrend.

Volume trends have been encouraging, though not yet fully convincing. Still, what matters most is relative volume, not absolute numbers.

As a reminder, the three key principles to always keep in mind are:

•Price advertises opportunity.

•Time regulates those opportunities.

•Volume confirms the success or failure of those opportunities.

In summary: Happy days could be just around the corner for all Websol holders.

[Jay @jayp0506]

@MeAmitMishra Sir 👋🏻

[Amit Mishra @MeAmitMishra]

now Mukul bhai got 3% of this rooftop solar epc + panel manufacturing company

[Amit Mishra @MeAmitMishra]

nice - websol looks to set up its next phase of capex (4 gw cell + 4 gw module) in Andhra Pradesh - let’s wait to hear more details.

[Jay @jayp0506]

Again saying, it always gives us a signal...

[Jay @jayp0506]

It always gives a signal...
Servotech...

[Amit Mishra @MeAmitMishra]

massive news for all domestic solar pv cell manufacturers - govt full support continues to solar sector https://t.co/LUW5pu9o5B

“… (DGTR) has imposed antidumping duties up to 30% on imports of solar cells, whether or not assembled into modules, originating in or exported from China for three years

In its final conclusions, DGTR determined that imports of solar cells from China had caused material injury to the domestic industry. It said China was dumping solar cells at a dumping margin of up to 105-115% into India. It also determined an injury margin of up to 35-40% from solar cell imports from China”

[Jay @jayp0506]

@girivar07367021 There is one simple solution to this agony...

EXIT THE SHARE, SELL ALL OF THEM

[Jay @jayp0506]

#websol

On 14th February, 2024, websol started the first cell line of 600 MW;

On 27th September, 2025, it started the second one...

Within 18 months, two children, what an execution!!!

Websol do bachho ka baap ban gaya, aur family responsibilities ka pata nahi kitna boj he uspe,

Saala lagta he hamari purani dosti hi bhul gaya...😂
@MeAmitMishra sir

[Jay @jayp0506]

@girivar07367021 Oh! Ye to latest news he...
Bhai, bhavnaa ko samjo, bhaav ko nahi

[Jay @jayp0506]

@RaghavT10944 Very true. ''Long-term investing'' is a smoke screen created by biggies...

[Jay @jayp0506]

#Surajestate
DETAILED POST

Mumbai’s Redevelopment Engine at Work.....

Suraj Estate has a ₹6,000 cr GDV pipeline across 13 ongoing + 19 upcoming projects, backed by a ₹343 cr preferential/warrant raise and immediate receivables of ₹833 cr from sold stock.

The future opportunity is massive:
🏠 16,000+ buildings in Mumbai are 30+ years old and eligible for redevelopment.
🏚️ ~14,000 of these are over 50 years old — especially in South-Central Mumbai (Dadar, Mahim, Shivaji Park, Prabhadevi), Suraj’s focus area.

These cessed buildings fall under DCPR 33(7), granting inherent 3.0 FSI + fungible FSI — turning tiny plots into high-GDV projects.

Key points explained:

FSI (Floor Space Index): defines how much can be built on a plot. Redevelopment rules grant higher FSI, meaning more sellable space.

Fungible FSI: top-up (up to ~35%) bought with premiums, boosting GDV further.

Asset-light redevelopment: Suraj acquires tenant consent & rights, not raw land, keeping upfront cost low and margins high.

💭5 strongest reasons why Suraj Estate is a standout pick now:

1️⃣ ₹6,000 cr GDV pipeline phased over 3–4 years = multi-year growth visibility.

2️⃣ ₹833 cr immediate receivables on sold stock + new capital raise = funding comfort.

3️⃣ Marquee launches (Vibe ₹1,200 cr, Mount Mary ₹2,000 cr) ensure near-term growth.

4️⃣ 33(7) & fungible FSI model = asset-light, high-margin redevelopment.

5️⃣ 16k+ old buildings in Mumbai = deep runway; Suraj is positioned in the very heart of this opportunity.

✅ What facts establish Suraj Estate as a leading redeveloper in Mumbai

1️⃣ Number of completed projects + developed area
-completed 42 redevelopment/ residential/mixed projects in South-Central Mumbai. Total developed area (completed) is ~ 1,046,543 sq ft.

2️⃣ Large ongoing & upcoming pipeline
They have 13 ongoing projects with a saleable carpet area ~609,928 sq ft. Also 16-18 upcoming projects with estimated carpet area ~744,149-901,000 sq ft (depending on source).

3️⃣ Focus on niche micro-markets + redevelopment of tenanted properties under DCPR 33(7).
-Their core strength is selecting old, tenanted/cessed/non-cessed structures, negotiation with landlords/tenants, securing redevelopment rights without large land costs. They consistently work in Mahim, Dadar, Prabhadevi, Parel etc — premium, limited supply areas.

4️⃣ High-value & prominent land acquisitions / project launches

Acquired land in Shivaji Park, Dadar: ~390 sq m for ₹4.75 crore; planned project with GDV ~₹80 crore.

Acquired plot in Mahim, Lady Jamshedji Road: ~1,073 sq m for ~₹33 crore; GDV ~₹120 crore.

Major commercial land acquisition in Mahim via subsidiary: ~15,758 sq ft, GDV ~₹525 crore.

Expanded Ambavat Bhavan project in Lower Parel: merged adjacent RK Mansion parcel → combined GDV ~₹130 crore.

5️⃣ Projects under regulation 33(7) & high expected returns.
-Many of their projects (Lumina, Ambavat Bhavan etc.) are under DCPR 2034 regulation 33(7) which gives redevelopment benefits. Also, the projects have high estimated GDVs. For example, Suraj Lumina (Mahim) with ~22,376 sq ft carpet area saleable, GDV ~₹100 crore, expected completion by December 2028.

Most developers do greenfield or suburban projects; few have as many redevelopment projects across SCM, especially tenanted / cessed properties. Suraj has completed 42, which is very high relative to others focused on redevelopment in SCM.
The scale of recent & upcoming GDVs in prime neighborhoods (Mahim, Shivaji Park, Lower Parel) with regulatory advantage (33(7)) gives it a lead — both in profitability & speed.
Strong commercial component (e.g. Mahim commercial Bldgs) plus high residential GDVs, plus mixed use, adds diversity & ability to capture demand across segments.
@surajestate

[Jay @jayp0506]

@Ayush_tweet @ramgopalrao6 😅😂

[Jay @jayp0506]

@errol_musk @atensnut @MoniqueHWorrell Sir, when are you coming to India? Servotech and we are waiting for you. Please do come...

[Jay @jayp0506]

#CONNPLEX

Connplex cinemas is opening its 84th theatre in Sangamner soon....

This looks very promising, just look at the speed of expansion...
DYOR