Manjushree Technopack is one of the largest packaging players in India
PE giant Advent had acquired the company in 2018 and is now promoter of the co. Advent recently infused more funds into the co via Compulsorily Convertible Debentures at a conversion price of Rs.1638 per share.
The latest annual report of the co can be found here
A very limited quantity of its shares are on offer for sale
For those interested,please email me at Alpha Ideas
Some stuff I am reading today morning:
Brookfield REIT IPO listing day strategy (FE)
JLR’s plans to go electric (BS)
Policybazaar eyes IPO of 4,000 Cr (Mint)
IPO Review: RailTel Corporation (MC)
4 Mid-sized PSU banks shortlisted for privatisation (CNBC)
Privatisation: But from which PM Modi? (Debashis Basu)
The most remarkable change has been Reliance Jio (Reed Hastings)
How Disney+ became a streaming heavyweight (WSJ)
Great investing is an art form (Hayden Capital)
Your big break (Seth Godin)
The TN Investors’ Association is holding the 5th Edition of the Annual 20-20 Ideas Summit in hybrid model (Physical & Online)
They have done me the great honour of inviting me to speak at their meet.
The speaker list is fairly outstanding (with my solitary exception ! ) and I would urge folks to register for it here
Some stuff I am reading today morning:
FasTag to become mandatory by tonight (CNBC)
Bitcoin nears $ 50,000 mark (BS)
India is Asia’s best post-Covid recovery story (Rediff)
Can anything fire the sulking ITC stock? (Mint)
How L&T Infotech came into its own (Forbes)
Sector Watch: FMCG (Ventura)
Interview with Kris Gopalakrishnan (Fortune)
Valuation SaaS Cloud Product Cos (Value2Wealth)
Trend following is hot air (BTM)
Enough (Calibrating Capital)