Categories
CoatTailing

Portfolio of Rajasthan Global Securities

This post is in continuation of my coat tailing series (see here)

To know what other top investors are  buying/holding/selling in India, subscribe to our Investor Wisdom Newsletter

Rajasthan Global Securities is a well known investor in the Indian Equity Markets.They were in the news recently for their tussle with Income Tax authorities over a profit of around 16 Crores arising from sale of shares of Satyam Computers

The significant holdings of their portfolio as on 30 June,2015 as per publicly available information with stock exchanges is given below:

Company Name Symbol/Code Entity Date End # of Shares % Value (In Crores)
Accel Frontline Limited AFL RAJASTHAN GLOBAL SECURITIES LIMITED 201506 620904 2.09 5.06
ADC India 523411 Rajasthan Global Securities Limited 201506 250793 5.45 8.65
Bajaj Steel Industries 507944 Rajasthan Global Securities Ltd 201506 37512 1.6 0.70
D&H India 517514 Rajasthan Global Securities Limited 201506 114105 1.54 0.27
Golden Tobacco Limited GOLDENTOBC RAJASTHAN GLOBAL SECURITIES LIMITED 201506 391295 2.22 1.83
Goldstone Infratech Limited GOLDINFRA Rajasthan Global Securities Limited 201506 2840670 7.87 4.12
Infinite Computer Solutions (India) Limited INFINITE RAJASTHAN GLOBAL SECURITIES LTD 201506 409552 1.02 8.59
Jubilant Industries Limited JUBLINDS Rajasthan Global Securities Limited 201506 216395 1.83 3.75
Mediaone Global Entertainment 503685 Rajasthan Global Securities Limited 201506 335160 2.28 0.50
Nirlon 500307 Rajasthan Global Securities Limited 201506 966551 1.07 17.69
Phoenix Lamps Limited PHOENIXLL Rajasthan Global Securities Limited 201506 437683 1.56 5.02
Pioneer Distilleries Limited PIONDIST RAJASTHAN GLOBAL SECURITIES LTD 201506 967963 7.23 8.39
Pipavav Defence and Offshore Engineering Company Limited PIPAVAVDOC RAJASTHAN GLOBAL SECURITIES LIMITED 201506 10326103 1.4 62.94
Quasar India 538452 Rajasthan Global Securities Limited 201506 700000 1.31 3.08
Rathi Bars 532918 Rajasthan Global Securities Ltd 201506 202293 1.24 0.18
Smruthi Organics 590046 Rajasthan Global Securities Ltd 201506 38212 1 0.03
UV Boards 526957 Rajasthan Global Securities Limited 201506 206892 1.36 0.35

2 replies on “Portfolio of Rajasthan Global Securities”

I have done some homework, through bulk deals and past quarter filings, it appears that Accel Front line they have bought into through OFS at Rs 75 odd, along with Sundaram Mutual Fund, ADC communications at Rs 237, already pocketed Rs 29 per share as dividend, and the current market price is Rs 375, Bajaj Steel i think around 166-188 based on April May 2015 rates, while our all time favorite Equity intelligence bought at 303, Gold Stone and Golden tobacco I think they are stuck in the open offers, as these could not get consummated and the matter is in supreme court. The common thing about Bajaj Steel, ADC, Smruthi organics, Rathi Bars and D&H is very low equity base and in case of turnaround the alpha is these companies would have huge EPS because of low equity base. I think Pipapav shipyard in the portfolio is because of the ongoing open offer while Nirlon could be left over unaccepted shares from the last open offer of Nirlon, might be be holding on delisting hopes By GIC Singapore.. Pioneer Distilleries is already a 2 bagger based upon the stock exchange filings, they bought through OFS, while UV boards is already a 2-3 bagger, phoenix lamps is at the same price they bought, Jubilant industries is up 50% and is also held by Porinju Veliyath, a great turnaround story was up 10% today. Not a very marquee mid cap portfolio but i think not a bad one either. Regarding the tussle with the income Tax, I read the order with great interest both ITAT and the Commissioner Appeals have ruled in the company’s favour, and to make Rs 16 crores from Satyam computers in few months intra year when everybody was selling, I think they deserve some respect.

Leave a Reply

Your email address will not be published. Required fields are marked *