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.