Can be suitably modified for the stock markets also
Day: December 12, 2014
Categories
Weekend Mega Linkfest:December 12,2014
Some off beat reads for the weekend:
How to save money while shopping online in India (Labnol)
Shekhar Gupta:Capital Reporter (Caravan)
The Gopichand Factory (Open)
Dilip Kumar:Peshawar 92 years ago (Outlook)
How M&M came to dominate the Indian automotive industry (ForbesIndia)
ISIS:The inside story (Guardian)
Welcome to Paradise (Telegraph)
The Chinese Century (Joseph Stieglitz)
Afghanistan:The making of a Narco State (Rolling Stone)
An open letter to Suhel Seth (Unreal Times)
Travelogue:The Jaisalmer Desert Festival (TeamBHP)
The untold story of Pakistan’s blasphemy law (Dawn)
M K Raghavendra on the new Bollywood (JaiArjun)
What I learnt from 10 years of IT career (Rodinhoods)
Parsis:The fear of extinction (Open)
Categories
Portfolio of Satpal Khattar in India
This post is in continuation of my coat tailing series (see here)
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Satpal Khattar is a very prominent Singapore Resident of Indian Origin and is one of the wealthiest NRIs in the world.
His significant portfolio holdings as on 30 Septemper,2014 as per stock exchanges is as given below:
| Symbol | Security Name | Entity | # of Shares | % | Date End | Value in Crores |
| BHAGYNAGAR | Bhagyanagar India Limited | SATPAL KHATTAR | 895602 | 1.4 | 201409 | 1.56 |
| DCBBANK | DCB BANK LIMITED | SATPAL KHATTAR & SHAREEN KHATTAR | 3207296 | 1.28 | 201409 | 34.98 |
| DCM | DCM Limited | SATPAL KHATTAR | 200000 | 1.15 | 201409 | 1.65 |
| IIFL | IIFL Holdings Limited | SATPAL KHATTAR | 7950085 | 2.63 | 201409 | 141.15 |
| 532326 | INTENSE TECHNOLOGIES LTD | SATPAL KHATTAR | 497558 | 2.58 | 201409 | 2.5 |
| STAR | Strides Arcolab Limited | Satpal Khattar | 1560032 | 2.62 | 201409 | 147.01 |
| TFL | Transwarranty Finance Limited | SATPAL KHATTAR | 680000 | 2.78 | 201409 | 0.46 |
(Disclosure:I am market making in the shares of Ratnakar Bank)
Ahuja and his team have hoisted the sails of RBL to favourable winds. Its net advances and demand deposits soared over 50 per cent to Rs 9,835 crore and Rs 2,341 crore, respectively, in the past four years. In terms of size, it logged assets worth Rs 18,198 crore last fiscal and added 51 branches, widening its overall reach to 185 branches and 350 ATMs, with more than five lakh clients.
While intending to grow at a fast pace, RBL has managed to trim instances of credit defaults and a resultant NPA pile-up. Its gross and net NPAs stood at 0.79 per cent and 0.31 per cent, respectively — among the lowest in the industry. RBL has grown in the range of 40-50 per cent across key business parameters, making it the ‘Fastest Growing Small Bank’ in the BW | Businessworld-PwC Best Banks Survey 2014.
“Fast growth was part of the plan,” says Ahuja. “We were a small bank, with a balance sheet size of less than Rs 2,500 crore in 2010. Now, we are above Rs 20,000 crore and growing. We’re operating on a small base, but it’s more difficult to grow a small bank in a market with so many sophisticated players. It becomes even more difficult when there are legacy issues to sort out.”
The bank is focusing on expanding its customer base and not particularly the balance sheet. Mid- and low-market rural customers are still its focus. The bank has reached out to smaller markets in Gujarat, Karnataka, Maharashtra and Madhya Pradesh. It disburses about one-third of its loans to farmers, small businesses and low-income consumers.
“Our model is more credit-led than deposit-led,” says Ahuja. “Our development banking/ financial inclusion vertical is initially credit-led. Once you have sufficient penetration and basic savings accounts, the pipeline is in place. That is when we lay out our other products — starting from a basic account to small remittances, then some balances and some other products.”
RBL plans to hit the equities market with a public offering, which market sources say may be worth Rs 1,250 crore. Besides raising capital, the public issue would provide an exit route to many of RBL’s private equity investors. “The top five-eight investors will stay with us even after the IPO,” predicts Ahuja. –from BusinessWorld
Categories
Linkfest:December 12,2014
Some stuff I am reading today morning:
How to really invest like a billionaire (MarketWatch)
Solar power can be for India what Shale is to the US (ET)
Kotak-ING Vysya deal under union cloud (Mint)
Oil at $60 is not all positive (Akash Prakash)
Concentrated or Diversified Portfolio (Prashant)
Investing Lessons from Bharat Shah (Contrarian Edge)
Lessons learned from 2014 (Alliance Bernstein)
Sometimes markets are stupid (Big Picture)
Cliff Asness:Efficient ‘Frontier’ theory for the long run (AQR)
10 Legendary Investment rules from legendary investors (Street Talk)