November 23, 2022

Sandip Ginodia Altius's Message on High Fixed Returns Options -- Message Received

 
 

 
 
BLOG DISCLAIMER ;  MESSAGE AS RECEIVED
 
PLEASE ALSO RECHECK INDEPENDENTLY. NO BLOG RESPONSIBILITY
----------------------------
 
 MESSAGE
 
Are you still waiting for the markets to stabalize? Now invest in Handpicked Fixed Income products with Altius! Earn an annual return of upto ~14.5% on your investments!
 
 
 
 
Principle 
 About The Opportunity: 
  • Rating: AA - CRISIL
  • Tenure: 6 Years
  • Pre Tax IRR: 10.30%
  • Interest Payout: Monthly
  •  Principle Payout: Maturity
About the company
  • Muthoot Fincorp Limited (MFL), set up in 1997, is a non-deposit-taking, systemically-important NBFC, engaged in lending against gold jewellery.
  • Flagship company of the Muthoot Pappachan Group, which has interests such as hospitality, real estate, and power generation.
  • MFL is largely a promoter driven company, jointly managed by Mr. Thomas John Muthoot and his brothers.
  • MFL has a well-established market position in the gold loan segment with a strong network of over 3657 branches across India. MFL is the third largest gold loan NBFC.  
 
How safe is this issue?
 
  • 97% Loan Book is gold loans: Assets under management (AUM) stood at Rs 18,685 crore as on March 31, 2022 (Gold loan AUM stood at 18,124 crore ~ 97% of the book)
  • Highly Liquid: As per Asset Liability Management (ALM) statement of March 31, 2022, MFL has cumulative positive gaps in the upto 5 year bucket
  • Widespread Branch Network: Strong Presence in South India As of March 31, 2022, MFL had 3,657 branches located across 24 states
  • Adequate Capitalization: During the FY 2022, MFL has issued Preference shares worth Rs.150 Crs and additional Perpetual Debt Instruments worth Rs.135 Crs. CAR has improved to 19.43% as 31st March 2022
 
 
Learn More!
 
 
 
About The Opportunity:
High Return,asset backed and regular monthly income investment of 24 months payable monthly (from 3rd Jan, 2023) with IRR of ~14.53% p.a.
 
 
  • Tenure: 24 Months
  •  Total Issue Size: 5 Crore
  • Pre Tax IRR: 14.53%
  • Interest Payout: Monthly
  • Principle Payout: Monthly
 
About the company:
 
  • Everest Fleet is the largest & only fleet owner with 1000+ cars on Uber platform and therefore strategically important to Uber’s expansion plan in India
  • 5 years of experience with predictable revenues
  • Asset light model with low leverage providing financial flexibility to expand rapidly
  • Demand outstrips supply - Every car added to the Uber platform is operationally profitable in a steady state environment
 
 
Why to Invest:
 
  • Working with both Uber (80%) and Ola (20%)
  • Continuous growth of the fleet size, touched 2X - 1800+ cars in the last quarter. Targeted to cross 5000+ cars by December 2022
  • Revenue for November at inr 10 crs with 20% + EBITDA margins. Expect to close fy 22 at inr 100 crs of revenue.
  • Strong balance sheet with networth at inr 10 crs against with net debt to a negligible level of inr 1.5 crs
  • Generating cash profit consistently for last four months.
  • Present across 4 locations - Mumbai, Delhi, Hyderabad & Bangalore. Will expand to Chennai and Kolkata by the end of 2022.
 
Safety Aspects of the Investment:
 
  • The asset being leased is Maruti S-Presso Cars (CNG variant) whose on-road cost is Rs. 5,25,000/- including insurance
  • Total cars to be procured by SPV are 100
  • Hence, total opportunity size is Rs. 5.25 Cr
  • 4% as security deposit is adjusted in the acquisition cost of the cars, this means that you invest only 96% of the acquisition cost to earn returns on 100% of the cost.
 
 
Everest Fleet - Fixed income product

 
Learn More!
 
 
Altius Investech P Ltd
73A, G.C Avenue
2nd Floor Room No - 204
Kolkata - 700013
abhishek@altiusinvestech.com
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Blog Comments 

 

Blog  Caution  

 
Two Way Quotes ( i.e simultaneous Buying / Selling Rates ) given by Dealers  may be Incorrect.



Investors, please, Recheck from Independent
Please , also , read


http://www.rareindianshares.info/2017/09/dealers-two-way-quotes-can-be.html

 

Dealers of Unlisted / Delisted Shares

Please  click the link  For Many  Dealers' Contact List

http://www.rareindianshares.info/2021/05/dhruval-shah-selling-metropolitan-stock.html

 Dealers of Rare Indian Shares 

Sambhav Aggarwal


Arms Securities


Tel      : +919899131155
MANISH 

9958006642


3A CAPITAL SERVICES



Contact: 022-67809990
Toll Free: 1800 209 2929
Visit: www.3aindia.com for online Sale/Purchase



Narottam 


0810 823 4400 , email buysellunlistedshares@gmail.com
Website:   buysellunlistedshares.com

Hardik kumar Rabara, Aqua proof wall plast pvt ltd (Anand Rathi group company) 8980740163 Email hardikkumarrabara@rathi.com.
ANIL GOEL

09896444123
 NILESH KOTAK


08866004076 - Whatsapp also 

InvestorZone  ,232/12, New Kot Gaon, Ghaziabad, ,Dinesh Gupta, Partner
(m)08010009625,email: sales@unlistedzone.com  Website https://unlistedzone.com/


DHARAWAT 

08108303330 or  dharawat1@gmail.com


SANDIP GINODIA
9830271248
OPPOSITE HIND CINEMA, NEAR AXIS BANK
73a, GANESH CH AVENUE, 2ND FLOOR, KOLKATA-700013


Vipul Gandhi
Gandhi Associates

25, New Jagnath, Saptabhumi Apt., (GF) 

Rajkot-360001

Phone : + 91 - 281 324 6757 / 329 6757
(m)  093755- 77007
Email  : unquotedshares@yahoo.com 

Web : www.unquotedshares.co.in 

.
Dilip Surana
Strides Financial Services
"Arihant Plaza"
84-85,Wall Tax Road, Ist floor
Park Town, Above SBI
CHENNAI 600003
Phone No 044-25350312, 25350313
Fax No  044-42371148
Mobile 9840278351      95000 95121
dilipmsurana@gmail.com


IP Gupta M.Sc,MBA,( Faridabad ) ,also consultants for problematic transfer cases - m- 9971104447
 

M/s Nadar Securities - https://nadarsecurities.com/home


 Important Blog Request 
Because of technical reasons we are unable to our full list of Dealers.
Please do click on this link for  our full list

List
 .

Please  Must the link  For Many  Dealers' Contact List

http://www.rareindianshares.info/2021/05/dhruval-shah-selling-metropolitan-stock.html

Three Additions To The Previous List

 1. Tarun Jain ,+91-9716719433 ,+91-9968510065
tarun90.jain@gmail.com

 2. www.altinven.com

3  https://blog.unlistedkart.com/

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