Evinix Industries Ltd....A Penny Stock CMP 0.90 paisa

From Evinix Xsesryz to Evinix Accessories Limited . It has been an eventful and exciting journey. A journey of many milestones and of a vision that cuts across borders. A journey that began in 1996 with the manufacture of headgears, baseball caps and high altitude jackets, using cotton textile and leather, mainly for exports. A journey that has pinnacled with the launch of the company's third division, Rapid Retail, after its continued triumph in the two fast-growing segments of Accessories and Apparel. Vending to international brands retailers, Evinix today stands apart in the world of fashion as a brand that spells quality, design and innovation across the world. Its value chain extends across the entire spectrum of client requirement  from adapting the buyer request and translating it into samples and eventually, manufacturing and exporting the merchandise, thereby encapsulating the entire value chain from Design to Delivery (D2D). And its foray into the retail market marks the beginning of another exhilarating venture. With this foray, the company is now all set to cut into a new phase of growth, to create style as a domain. It is all set to make niche offerings that are cut to make the ideal style statement, and set trends for the future. Make small investment for long term . CMP 0.90 paisa

Marksans Pharma Ltd. ....Buy CMP Rs.2.80 /-

Marksans Pharma, Headquartered in Mumbai (India) is vertically integrated global player with strong presence across the entire value chain from Active Pharmaceuticals Ingredient's (APIs) to formulations to biopharmaceuticals. They are also actively engaged in R&D and offers Contract Research and Manufacturing Services (CRAMS) to global pharmaceutical companies. The specialty focus of Marksans Pharma traverses through a wide array of prescription drugs. These drugs have markets spanning the medical fields of Oncology, Gastroenterology, Antidiabetic, Cardiovascular, Pain Management, Gynaecology and others. Furthermore, Marksans also inroads into complex and intricate markets dealing with Biotechnology and Neuro-psychiatry.Buy for long term with a appreciation of 5-6 times from CMP .Small investment only. CMP 2.80 .

LCC Infotech Ltd..............A Penny Stock

LCC Infotech Limited a public limited company listed on all major stock exchanges in India was established in 1984 and is the leading I.T. training organization in the country. Driven by the passion and quality, LCC Infotech is amongst the top I.T. training & education organizations with a wide spread network of centers across the length and breadth of the country. Over two decades of quality management system, business expertise and sound strategies are responsible for this phenomenal growth of the company. At LCC, it's a whole new way to work. Here an excellent team of professionals force the pace, challenge the limits of expansion. This uncompromising tenacity has helped LCC Infotech forge to the forefront as one of India's largest computer training networks and mirrors a global presence, stretching the business areas further and faster. In fact, LCC was the first to franchise education centers in India. Diversification has led LCC Infotech into wider spheres of Multimedia, Communications,Infrastructure and Software Development. The software training centers in towns, cities and metropolises are already spreading computer education to the masses, under the brand name LCC giving LCC Infotech a decisive edge and making it a total I.T. solutions provider in the I.T. industry. Training an average of 1,00,000 students a year, it has an alumni base of over 2.7 million students with a pan India network covering all corners of the country. Can buy this penny stock for 3-5 yrs .,small investment only. CMP 0.70paisa .

Paras Petrofils Ltd................A Penny Stock

Paras Petrofils Limited is incorporated on 20th March 1991, The company is promoted by Mr. Devraj Jain, Mr. Kailash Chand Jain, Mr. Raghubir Singh Jain, Mr. Anand Kumar Jain, Mr. Ashok Kumar Jain & Mr. Des Raj Jain of Paras Group. The promoters of the company have a long experience of 2 to 3 decades in trading of the gray fabrics & processing of the cloths at dyeing & printing mills of their own or getting job work outside & also worked as commission agents in this trade at Surat. In March, 1998 further company came up with its forward integration project of establishing Texturising plant with cost of Rs.552.70 lacs (with capacity of 3080 TPA). In the year 2002 company undertook Expansion envisaging addition of 3325 TPA of Fully Drawn Yarn (FDY) to the existing capacity. Company was the Pioneer in Fully Drawn Production (FDY) production in India. FDY have improved both, the top and bottom line of the company significantly as FDY is a more value added product...Risky investment can buy for 3-4yrs . CMP 0.50paisa .

Info-Drive Software Ltd. -- BUY for long term 3-5 yrs .

Info-Drive Software Limited, is a multi-dimensional Technology and Business Services Company offering: ?Specialized expertise in Applications Deployment and Banking Solutions, ?Remote Infrastructure Management, Biometric Solutions at enterprise level and ?Back-office transaction processing in Healthcare and Benefit Administration domains. The company serves the high-growth Banking in the Middle East and Far East markets segment by providing turnkey systems integration solutions entailing custom software implementation, hardware optimization and data center maintenance. Through a unique synthesis of organic and inorganic growth model on top of highly specialized offerings in the IT, Infrastructure and BPO verticals, we have established a well-balanced portfolio of services catering to the mainstream, uncontested, and emerging markets globally. BUY for a long term target of 36+++ , CMP 13.65

Shetron Ltd ....... Buy for long term CMP 16.70

Shetron is a Bangalore based company. This company caters primarily to two business segments food and dry battery jackets. This company has got two manufacturing plants, which are located at Bangalore and other on Mumbai and Nasik highway. In the food segment this company manufactures metal cans and supplies these cans to foods, dairy products, soups and beverages companies. In the dry battery cell-jackets this company claims to be the largest manufacturer of cell-jackets in the entire South East Asian region. This company supplies to almost all battery manufacturers including Eveready, Novino, Nippo, Toshiba and Fuji.As far as the potential of the business is concerned off late we are seeing a change in the retailing pattern from the neighbourhood stores the focus is now on setting up big retail stores and supermarkets. This will give a big push to the packaging of the product and to the food processing and ready to eat foods which are now been sold in much higher quantities as compared to earlier and the growth in the user segment will help the company grow its business since it supplies a major part of its revenues from the food processing industry.The management is projecting sales revenues of Rs 500 crore within 3-4 years, so one has a company which is trading at a reasonable valuation as of now which has done its financial restructuring few years ago where the potential of the business seems to be good and the fourth thing is that even if we discount the managements estimates by 20-30% it will still mean a growth of 400% from the current levels in the next 3-4 years. CMP 16.70

Resurgere Mines ............ A penny stock CMP 0.50paisa ... value buy

Resurgere Mines & Minerals India Limited (Formerly Exfin Shipping (India) Ltd.) is presently engaged in the business of extraction and processing of iron ore products ie lump ore and size ore, and is predominantly a manufacturer of calibrated lump ore (CLO) and Iron Ore Fines.Calibrated lump ore is the purest form of Iron ore with a very high iron content. It is a high valued material and is used in steel industry. RMMIL sells most of the CLO in the domestic spot markets. Iron ore fines are by products of CLO and it does not have much domestic demand. Hence, 90% of its produce is exported to China.Resurgere Mines & Minerals India Limited (Formerly Exfin Shipping (India) Ltd.) is presently engaged in the business of extraction and processing of iron ore products ie lump ore and size ore, and is predominantly a manufacturer of calibrated lump ore (CLO) and Iron Ore Fines.Calibrated lump ore is the purest form of Iron ore with a very high iron content. It is a high valued material and is used in steel industry. RMMIL sells most of the CLO in the domestic spot markets. Iron ore fines are by products of CLO and it does not have much domestic demand. Hence, 90% of its produce is exported to China. BUY CMP 0.50paisa , with a view of holding 6-8 yrs

Birla Cotsyn ............ A penny stock CMP 0.45paisa..a value buy

Birla Cotsyn started its operation in 1932 as a flagship of the Yash Birla Group, one of the largest industrial conglomerates in India. The Sprawling unit is located at Khamgaon (M.S) in the industrial belt of Central India. Birla Cotsyn (India) Limited is having Synthetic Blended Ring Spun Yarn manufacturing facility with state of Art machineries at Khamgaon. The company has excellent sales network in India and abroad for Grey and Dyed Solid Griddles, Fancy, Industrial Knitting and Sewing Ring Spun Yarns in various blends and count range from NE 8s to 60s.Can try in a small qty . for returns of minimum 4-5 times in next 3 years . RISKY

Foreign Institutional Investor (FII)

 Who are basically FII?

FII – Foreign Institutional investors are bodies which put large amounts of funds and invest those money in stocks,bonds, real estate property and other investment assets like debentures, Mutual Fund, etc… They can also be operating entities that plans to invest its net income to some extent in these types of assets.

Types of typical investors include banks, insurance companies, retirement or pension funds, hedge funds, investment advisers and mutual funds. FII role in the economy is to act as highly specialized investors on behalf of others. For instance, an ordinary person will have a pension from his employer. The employer gives that person’s pension contributions to a fund. The fund will buy shares in a company, or some other financial product. Funds are useful because they will hold a broad portfolio of investments in many companies. This spreads risk, so if one company fails, it will be only a small part of the whole fund’s investment.

Institutional investors will have a lot of influence in the management of corporations because they will be entitled to exercise the voting rights in a company. FII can actively engage in corporate governance. Furthermore, because institutional investors have the freedom to buy and sell shares, they can play a large part in which companies stay solvent, and which go under. Influencing the conduct of listed companies, and providing them with capital are all part of the job of investment management.

FII Data – Foreign Institutional Investor ( FII ) Bodies

Foreign Institutional Investors (FII) include the following foreign based categories:

• Pension Funds
• Mutual Funds
• Investment Trust
• Insurance or reinsurance companies
• Investment Trusts
• Banks
• Endowments
• University Funds
• Foundations
• Charitable Trusts or Charitable Societies

Further, following entities proposing to invest on behalf of broad based funds, are also eligible to be registered as FIIs:

• Asset Management Companies
• Institutional Portfolio Managers
• Trustees
• Power of Attorney Holders.

FII Data- List

• The break up of FIIs in India is as follows:
1. US – 368
2. UK – 167
3. Luxembourg – 73
4. Singapore – 51
5. Australia – 35
6. Hong Kong – 35
7. Canada – 32
8. Ireland – 29
9. Netherlands – 27
10. Mauritius – 25
11. Switzerland – 22
12. France – 20
With the Indian economy looking strong in the coming years, I am sure the numbers will increase to look better.

FII Data – FAQ

 Who is a Foreign Institutional Investor (FII)?

FII means an entity established or incorporated outside India which proposes to make investment in India.

What is a sub-account?

Sub-account includes those foreign corporations, foreign individuals, and institutions, funds or portfolios established or incorporated outside India on whose behalf investments are proposed to be made in India by a FII.

What is a Designated Bank?

Designated Bank means any bank in India which has been authorized by the Reserve Bank of India to act as a banker to FII.

Who is a Domestic Custodian?

Domestic Custodian means any entity registered with SEBI to carry on the activity of providing custodial services in respect of securities.

What is a Broad Based Fund in FII Data ?

Broad Based Fund means a fund established or incorporated outside India, which has at least twenty investors with no single individual investor holding more than 10% shares or units of the fund.

Provided that if the fund has institutional investor(s) it shall not be necessary for the fund to have twenty investors.

Provided further that if the fund has an institutional investor holding more than 10% of shares or units in the fund, then the institutional investor must itself be broad based fund.

FII Data – FII REGISTRATION

Who can get registered as FII?

Following entities / funds are eligible to get registered as FII:

1. Pension Funds

2. Mutual Funds

3. Insurance Companies

4. Investment Trusts

5. Banks

6. University Funds

7. Endowments

8. Foundations

9. Charitable Trusts / Charitable Societies

Further, following entities proposing to invest on behalf of broad based funds, are also eligible to be registered as FIIs:

1. Asset Management Companies

2. Institutional Portfolio Managers

3. Trustees

4. Power of Attorney Holders

What are the parameters on which SEBI decides FII applicants’ eligibility?

a. Applicant’s track record, professional competence, financial soundness, experience, general reputation of fairness and integrity. (The applicant should have been in existence for at least one year)

b. whether the applicant is registered with and regulated by an appropriate Foreign Regulatory Authority in the same capacity in which the application is filed with SEBI

c. Whether the applicant is a fit & proper person.

Which form needs to be filled in when applying for FII registration?

 “Form A” as prescribed in SEBI (FII) Regulations, 1995.

Which documents need to be sent with “Form A”?

a. Certified copy of relevant clauses (clauses permitting the stated activities) of Memorandum of Association, Article of Association or Article of Incorporation.

b. Audited financial statement and annual report for the last one year (period covered should not be less than twelve months

How much is the fee for registration as FII?

US $ 5,000.

When is the registration fee payable?

At the time of submitting the application for registration.

What is the mode of payment?

Demand Draft in favour of “Securities and Exchange Board of India” payable at New York

How many days it takes to get registered as FII?

SEBI generally takes seven working days in granting FII registration. However, in cases where the information furnished by the applicants is incomplete, seven days shall be counted from the days when all necessary information sought, reaches SEBI.

In cases where the applicant is bank and subsidiary of a bank, SEBI seeks comments from the Reserve Bank of India (RBI). In such cases, 7 working days would be counted from the day no objection is received from RBI.

 What is the registration process for FII?

 Please contact us for registration.

What is the validity period of FII registration?

The FII registration is valid for 5 years. After expiry of 5 years, the registration needs to be renewed.

What is the process of renewal?

Same as initial registration. Along with “Form A” and all the relevant documents, the applicants are required to fill in additional form (Annexure 1) while applying for renewal.

 Is there any renewal fee?

 Yes, US $ 5,000 needs to be paid for renewal of FII registration.

 When the application for renewal should be submitted

Three months before expiry of the FII registration.

What are 100 % debt FIIs/sub-accounts, and what is the process for their registration?

100 % debt FIIs are debt dedicated FIIs which invest in debt securities only. The procedure for registration of FII/sub-account, under 100% debt route is similar to that of normal funds besides a clear statement by the applicant that it wishes to be registered as FII/sub-account under 100% debt route.

Where the application for FII registration should be sent?

The FII registration application should be sent to:

Securities and Exchange Board of India
Division of FII & Custodian
Mittal Court “B” Wing, First Floor
224, Nariman Point
Mumbai 400 021
India

FII Data – SUB-ACCOUNT REGISTRATION FOR FII

Who can get registered as sub-account?

a. Institution or funds or portfolios established outside India, whether incorporated or not.

b. Proprietary fund of FII.

c. Foreign Corporates

d. Foreign Individuals

When is the registration fee payable?

 At the time of submitting the application.

What is the mode of payment?

Demand Draft in the name of “Securities and Exchange Board of India” payable at New York

How many days it takes to get a sub-account registered?

SEBI generally takes three working days in granting FII registration. However, in cases where the information furnished by the applicants is incomplete, three days shall be counted from the days when all necessary information sought, reaches SEBI.

What is the validity period of sub-account registration?

The validity of sub-account registration is co-terminus with the FII registration under which it is registered.

What is the process of renewal of sub-account?

Same as initial registration.

Is there renewal fee?

Yes, US $ 1,000

Can OCBs / NRIs permitted to get registered as FII/sub-account?

No, they are not permitted.

FII Data – POST-REGISTRATION PROCESSES FOR FII

What is the procedure in case the FII/sub-account changes its name?

If a registered FII/sub-account undergoes name change, then the FII need to promptly inform SEBI about the change. It should also mention the reasons for the name change and give an undertaking that there has been no change in beneficiary ownership.In case of name change of FII, the request should be accompanied with documents from home regulator and registrar of the company evidencing approval of name change, and the original FII registration certificate issued by SEBI should be sent back for necessary amendment.

What is the procedure for transferring a sub-account from one FII to another?

The FII to whom the Sub-account is proposed to be transferred has to send a request along with a declaration that it is authorized to invest on behalf of the Sub-account. The transferor FII should also submit a No-objection certificate.

What is the procedure for change of domestic custodian?

The FII should send a request, along with no-objection certificate from existing domestic custodian, for change in domestic custodian.

Can FII / sub-account registration be cancelled on request?

Yes, the FII would be required to send a request for cancellation of its registration or registration of its Sub-account/s clearly mentioning the name and registration number of the entity. The FII should ensure that it / Sub-account has nil cash / securities holdings.

What if the FII does not renew its/sub-account’s registration?

The registration of the FII / Sub-account would get expired at due date and it would not be allowed to trade in Indian securities markets. If it is not interested in renewal but has certain residual assets, it can apply for disinvestment in terms of Circular No. FITTC/CUST/12/2001 dated June 04, 2001 and abide by the guidelines specified in this regard.

FII Data – INVESTMENT OPPORTUNITIES

Which financial instruments are available for FII Data?

a. Securities in primary and secondary markets including shares, debentures and warrants of companies, unlisted, listed or to be listed on a recognized stock exchange in India;

b. Units of mutual funds;

c. Dated Government Securities;

d. Derivatives traded on a recognized stock exchange;

e. Commercial papers.

What are the investment limits on equity investments by FII/sub-account?

a. FII, on its own behalf, shall not invest in equity more than 10% of total issued capital of an Indian company.

b. Investment on behalf of each sub-account shall not exceed 10% of total issued capital of an India company.

c. For the sub-account registered under Foreign Companies/Individual category, the investment limit is fixed at 5% of issued capital.

These limits are within overall limit of 24% / 49 % / or the sectoral caps a prescribed by Government of India / Reserve Bank of India.

In whose name should the securities be registered?

a. In the name of FII when making investments on its own behalf

b. In the name of sub-account when making investments on behalf of Sub-account

c. In the name of “FII a/c sub-account” when making investments on behalf of Sub-account.

Rubfila International -- Multibagger Buy CMP 7.77

Rubfila International is a Kerala based company.
Its products are natural rubber thread of various sized used in garments and under garments of diff segments.Rubifila is market leader in this segment.The industrial adhesive product is the feather in crown for this company. This product fetched the fortune for Rubifila. The manufacturing capacity in this line is of mass scale and can overcome  the demand supply gap of any kind.
There is surging demand in the main products of the company nationally and internationally.
The company is promoted by the foreign group based in Malaysia and Kerala state industrial development corp ltd. Foreign promoter group is in the same line of business with proven track record and experience The companies products  are in demand world wide backed with huge scale of operation and that too with experienced and matured foreign promoter .
Rubfila`s turnover during last three years is being increased nearly 50% over previous years. This year also expected the same way. Currently Rubfila is trading at a price of 7.70 . We believe that it is undervalued at current cmp. And have a target of more than 30++  within a period of 2 to 3 years .