August 17, 2018

HSBC InvestDirect ( India ) Annual Report 2017-18


 HSBC InvestDirect (formerly known as IL&FS Investsmart Limited) delisted in 2010 @ Rs. 400


https://www.hsbc.co.in/1/PA_ES_Content_Mgmt/content/website/pdf/business/investdirect_offer.pdf


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Year ending 31/03/2018


Profit Before Tax    Standalone              Consolidated         


                        Rs. 7 cr  72 lakh               Rs. 29 cr 81 Lakh


Profit After

 Tax                   Rs.4 cr 78 L          Rs.20 cr 35 Lakh  


Dividend : NIL


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21 st AGM on 17/09/18, at 12 Noon at Mumbai

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Very Important : HSBC InvestDirect ( India ) Limited , as per Resolution No. 7 is set to compulsorily kick out loyal remaining Public shareholders ( holding 3,16,914 shares ) at an abysmally low rate of Rs. 116/90

Please read


Games Promoters Play ( on Minority Public Shareholders ).


click

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Promoters Hold  99 : 55 % Equity


i.e.

HSBC Securities And Capital Markets ( India ) Ltd. 54 : 49 %


HSBC Violet Investments ( Mauritius ) Limited       45 : 06 %


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General Warning : Investment in Shares Can be Injurious to Your  WEALTH

Caution :The blog writer has personal/ family members' holdings in this Company ,  so please make suitable "provisions " for likely over optimism

( NB : All information given in good faith. Please recheck all facts before taking any investment decision.

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