Showing posts sorted by relevance for query nbi industrial finance new. Sort by date Show all posts
Showing posts sorted by relevance for query nbi industrial finance new. Sort by date Show all posts

August 18, 2016

Is NBI Industrial Finance Delisting ?- Please Recheck No-Responsibility

new post


November 22, 2016

NBI Industrial Finance Trading to Begin in NSE

As per NSE Circular dt. 21/11/16, NBI Industrial Finance has been Listed on the NSE.

It seems Trading would begin wef 23/11/2016 ( PLEASE RECHECK THIS ).

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For more on NBI Industrial Finance , please click :-

http://www.rareindianshares.info/search?q=new+bank+nbi

==============

August 22, 2016



NBI Industrial Relisting at NSE ( Please Recheck )

A telephone call made at the Registered Office ,  at Kolkata ,  of NBI Industrial Finance  , the following information was given ( Please Recheck independently )

NBI Industrial Finance has made an application for Relisting at NSE. This application has not yet been accepted by NSE .

The AGM would be held in September and Annual Reports to Shareholders have not yet been dispatched.


================

Old Post



Caution :-

This is purely unconfirmed speculation in the Market.

Please do not take any Investment Decision based on this.

---------------

NBI Industrial Finance ( New Bank of India ) was listed exclusively at the , now defunct , Delhi Stock Exchange.

As per SEBI directives , companies like NBI Industrial were either to ( 1 ) Relist or (2) Delist ( by offering its shareholders a fair value.


It seems ( please Recheck ) NBI has not sought to Relist.

So , there is discussion going on in the market whether NBI promoters have chosen to Delist.

If NBI is , indeed , delisting then the Fair Rate being mentioned in discussions is Rs10,00 to. 20,000/- + Upwards.Per Share

There are , also , rumours of a Merger / Offer of around 1 share of Shree Cement ( CMP Rs.17,000 / ) for every 1 share of NBI like with Farm Enterprises and Reliance Industries.

( Caution :THESE ARE ONLY UNCONFIRMED  SPECULATIONS,
THESE MAY BE WRONG
 PLEASE RECHECK,
 NO INVESTMENT DECISION PLEASE )
-----------

Blog : We request the Management of NBI Industrial Finance to Clarify the position .

=============

September 07, 2016


NBI Industrial Finance Annual Report 2014-15 , Contact Details , Website

NBI Industrial Finance Limited


Address :-21 , Strand Road, Kolkata

email :-nbifinance@ymail.com

Phones :  033-22309601-04

Fax : 033-22131650

80 th Annual Report 2014 -15 ( Old )


Please read for massive investments in shares ( especially Shree Cement Limited ) and very undervalued Book Value 

page no. 24 , 32 , 33


Website 


=================================

For Likely Fair Value , please click this 2014 post.

https://delisting.wordpress.com/2014/07/19/nbi-industrial-finance/

=============

For more on NBI Industrial

http://www.rareindianshares.info/search?q=new+bank+of+india

http://www.rareindianshares.info/2016/08/nbi-industrial-frick-india-carrier.html

============


  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. No responsibility taken by this author / blog . )

===========

September 07, 2016

NBI Industrial Finance Old Annual Report 2014-15 , Contact Details , Website

New post

November 23, 2016

NBI Industrial Finance Now Listed in NSE


----------------------------------

ISIN No. INE365I01012  ( INE - 365 - I ( capital alphabet I )- 01012


------------------
NBI Industrial Finance Limited

Address :- 

21 , Strand Road, Kolkata

email :-

nbifinance@ymail.com

Phones :  033-22309601-04

Fax : 033-22131650

80 th Annual Report 2014 -15 ( Old )


Please read for massive investments in shares ( especially Shree Cement Limited ) and very undervalued Book Value 

page no. 24 , 32 , 33


Website 

http://www.nbi-india.co.in/


======================================

It appears ( Please Recheck )some shares of NBI Industrial Finance  are available for Sale / Purchase with Dealers of Rare Indian Shares.

================================================================================================================================================

NEW POST

September 12, 2016


NBI Industrial Misses SEBI ' Relisting Deadline - Annual Report 2015-16 Highlight

Annual Report 2015-16

Page 7

LISTING AGREEMENT  -( Para )

SEBI vide its Directive order dt. 02/09/15 had directed NBI Industrial Finance to Relist within Six Months from 01/12/2015

The Deadline ended on 31/05/2016.

It seems NBI Industrial made a Listing bid with NSE but, it seems , was rejected ( Please Recheck this )

-------------------
Annual Report 2015- 2016  - Financials

Gross Profit : Rs. 3 crore 32 Lakh

Net Profit   : Rs. 3 cr 41 Lakh

EPS          Rs. 27 / 78 p ( Share Paid up : Rs. 10 each )

Dividend : NIL 

--------------------

As on 31/03/16

Share Capital : Re 1 cr 23 Lakh

Reserves         Rs.25 cr 24 lakh

--------

Blog Comments :-

1 ) NBI Industrial Finance has massive hidden assets 

One example ( Page 41 ) 

Book Value of Quoted Investments : Rs. 7 cr 17 Lakh

Market Value of these Quoted Investments  on 31/03/16 ) : Rs. 1065 crore 46 lakh

Last Year Market Value of Quoted Investments was Rs.482 cr.

SO Rs .583 crore Hidden Profit in  the Year 2015-16


2 ) As NBI Industrial has not been paying Dividends , it cannot issue Bonus Shares . So it cannot meet the Listing requirements.

-----------------------

OLD POSTS

September 05, 2016


NBI Industrial AGM - Delisting is Shareholders' Demand

81 st AGM of NBI Industrial Finance ( earlier The New Bank of India ) is being held on Saturday, 24/09/2016  at 10:30 AM , at its Registered Office i.e. at 21, Strand Road , Kolkata -700 001

-------------

E Voting is from 21/09/16 9 10 AM ) to 23/09/2016 5 PM

---------

Resolution No 1 - Report of Board of Directors is being opposed because :-

1 ) Shareholders want Delisting of NBI Industrial Finance as the Company has failed to comply with SEBI 's directions regarding Relisting . Its application for Relisting has not been accepted by NSE ( probably rejected ).

NBI Industrial Finance was earlier exclusively listed at the , now , defunct , Delhi Stock Exchange. SEBI has outlined very strict norms for Relisting or else compulsory Delisting.

 In case of Delisting a fair price has to offered to the minority shareholders.

2 ) No Dividend has been declared despite massive dividend income from NBi Industrial 's large ( Promoters ' ) holding of Shree Cement shares

-----------------------------------
OLD POST


August 18, 2016


Is NBI Industrial Finance Delisting ?- Please Recheck No-Responsibility


As per SEBI directives , companies like NBI Industrial were either to ( 1 ) Relist or (2) Delist ( by offering its shareholders a fair value.


It seems ( please Recheck ) NBI has not sought to Relist.

So , there is discussion going on in the market whether NBI promoters have chosen to Delist.

If NBI is , indeed , delisting then the Fair Rate being mentioned in discussions is Rs10,00 to. 20,000/- + Upwards.Per Share ----------

  

For More , please click the link :-

http://www.rareindianshares.info/2016/08/is-nbi-industrial-finance-delisting.html


For NBI Finance :-

http://www.rareindianshares.info/search?q=new+bank+of+india

-----------------------



  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. No responsibility taken by this author / blog . )

June 17, 2009

NBI Industrial Finance Limited ( New Bank of India )

November 23, 2016


===================== 
New Bank of India history

NBI Industrial Finance Limited was originally incorporated in Lahore in 1936 as The New Bank of India Limited. Dr. Ganeshi Lal Aggarwal and Mr M.R. Kohli ( Managing Director ) were the original promoters.

------------

This bank was founded on 21 /12/ 1936 in Lahore. 
in the name of "The New Bank Limited" under the Companies Act, 1913. The name of the company was subsequently changed to "The New Bank of India Limited" with effect from 4th November, 1941.

The registered office was moved to Amritsar in 1947[1], an after-effect of partition.


Dr Ganeshi Lal Aggarwal, M. R. Kohli, Mulk Raj Aggarwal, Amolak Ram Suri, Jhabar Mal Chokhani, and Rai Sahi Lala Labha Ram were the early directors of this bank. Almost the same set of people also promoted Jupiter Investment Trust[3], from the same address — Sunlight Buildings, Mall, Lahore. [2] Jupiter Investment Trust’s HO was also moved to Amritsar in 1947, and in 1956 to Delhi.
----------------------- 


After 1947 the Registered office was shifted to Amritsar in 1947 and to New Delhi in 1956 .


http://www.wikiwand.com/en/New_Bank_of_India



. To provide for the losses due to partition the face value of the share was reduced from Rs. 25 to Rs. 5 . ( please recheck this ) 


New / Current Promoters Benu Gopal Bangur group.


In 1980, The New Bank of India Ltd. was nationalised. Most of the non promoter shareholders took cash compensation.


Name changed from New Bank of India to NBI Industrial Finance wef 
May 26, 1981

--------------------

September 07, 2016



NBI Industrial Finance Annual Report 2014-15 , Contact Details , Website

NBI Industrial Finance Limited



ISIN No. INE365I01012

Address :-21 , Strand Road, Kolkata

email :-nbifinance@ymail.com

Phones :  033-22309601-04

Fax : 033-22131650

80 th Annual Report 2014 -15 ( Old )


Please read for massive investments in shares ( especially Shree Cement Limited ) and very undervalued Book Value 

page no. 24 , 32 , 33


Website 



---------------------------------------------



NBI Industrial Finance Limited ,

Strand Road,
Kolkata-700001
Tel : 033 - 2230-7905
email : nbifinance@ymail.com

RTA 


Maheshwari Datamatics PVT. LTD,

KOLKATA

Board of Directors ( Annual Report 2014 -2015 )


Ashok Bhandari


Riya Puja Jain


RN Mundhra


BL Surana


BL Gaggar


JPMundhra


Manager and Chief Financial Officer


SP Kumar


------------------
NBI Industrial Finance 

The Registered Office of NBI Industrial Finance was shifted from Connaught Place, New Delhi to Strand Road , Kolkata. The share's face value was consolidated to Rs. 10.


Share Capital : Rs. 1 cr 12 lakh

Reserves : Around Rs.11 cr

 NBI Industrial Finance Company is , now , the investment holding Company of Bangurs ( Benu Gopal Bangur of Shree Cement group ). They were the promoters of New Bank of India at the time of nationalisation. As the Company has holding of Shree Cement Ltd. it is expected that the market worth of its holdings is many times the book value . It holds , inter alia , around 8 lakh 50,000 shares of Shree Cement ( Book Value around Rs. 2 Crore 40 lakh ).


The Executive Chairman of Shree Cement Limited Benu Gopal Bangur is Chairman NBI Industrial Finance. Other associate companies of BG Bangur include The Didwana Industrial Corporation Limited ;Khemka Properties Pvt Limited ; Digvijay Finlease Limited etc.


There have been numerous complaints among share holders of non receipt of Annual Report.



As per Annual Report 2014 -2015  of NBI Industrial Finance ( Page 24 of the Annual Report ) 


Share Capital = Rs. 1 cr 29 Lakh ( 12 : 29 Lakh shares of Rs. 10 each )


Reserves        = Rs. 218 cr 32 Lakh


 1 ) Official  Book Value per Share = Rs. 1921 / 75 p


------------

June 17, 2009


NBI Industrial Finance Limited ( New Bank of India )

http://www.rareindianshares.info/2015/11/list-ofdse-companies-shifted-to-bse-db.html

http://www.rareindianshares.info/2015/09/nbi-industrial-finance-real-nav-1-share.html

September 24, 2015



NBI Finance- Real NAV 1 Share = Rs.9500 ?? ( Please Study )

Caution : Please Re Calculate / Recheck.

Please do not take any Investment Decision based on this analysis

=====================================================

As per Annual Report 2014 -2015  of NBI Industrial Finance ( Page 24 of the Annual Report )

Share Capital = Rs. 1 cr 29 Lakh ( 12 : 29 Lakh shares of Rs. 10 each )

Reserves        = Rs. 218 cr 32 Lakh

 1 ) Official  Book Value per Share = Rs. 1921 / 75 p


  Underlying ( Hidden Values )

 2 ) Page 33 - Long Term Investments

Aggregate Market Value of Quoted Investments ( including 849450 shares of Shree Cement Limited  )

= Rs.921 cr 83 Lakh

Less Book Value ( already accounted in our analysis )

= Rs.6 cr 79 Lakh

Net Hidden worth =  Rs. 915 cr 04 Lakh

Per Share =  Rs. 7445 / 40 p per share

3 ) Page   34 - Current ( Short Term ) Investments

Aggregate Market Value of Quoted Investments  Rs. 8 cr 38 Lakh

Less Book Value ( already accounted in our analysis ) Rs. 2 cr 17 Lakh

Net Hidden Worth  Rs. 6 cr 16 Lakh

Per Share = Rs. 50 / 12 p

Grand Total

1 ) Rs.1921 / 75 p
2 )  Rs. 7445 /40 p
3 ) Rs. 50 /12 p
============

Rs.9417 / 27 p PER SHARE

==================

Please , also , click this post :-

https://delisting.wordpress.com/2014/07/19/nbi-industrial-finance/

=================

NBI Industrial Finance - Dissemination Board of BSE / NSE

1 ) As  Delhi Stock Exchange stands  de recognised ,

shares of NBI IndustrialLimited should  soon be 

moved to the DISSEMINATION BOARD of NSE / BSE 


2 ) SEBI has further directed that DISSEMINATION BOARD is 

only a temporary step.

 Such Companies either officially DELIST or RELIST in

 BSE / NSE.

Please , also , click :-

August 22, 2016


NBI Industrial Relisting at NSE ( Please Recheck )

A telephone call made at the Registered Office ,  at Kolkata ,  of NBI Industrial Finance  , the following information was given ( Please Recheck independently )

NBI Industrial Finance has made an application for Relisting at NSE. This application has not yet been accepted by NSE .

The AGM would be held in September and Annual Reports to Shareholders have not yet been dispatched.

----------------

For more on NBI Industrial Finance ( earlier New Bank of India Limited )

http://www.rareindianshares.info/search?q=new+bank+of+india

http://www.rareindianshares.info/2016/08/nbi-industrial-frick-india-carrier.html


--------------

Earlier Post s



=============

Financial Highlights of NBI Industrial Finance - 2014

-2015

Gross Profit : Rs. 4 cr 30 Lakh

Net Profit : Rs. 3 cr 85 Lakh

EPS  = Rs. 31 / 33 p

Dividend - NIL

----------------------------------------



==============================

https://delisting.wordpress.com/2014/07/19/nbi-industrial-finance/

For More on Shree Cement / BG Bangur ,please click :-

http://forbesindia.com/article/india-rich-list-2013/how-hm-bangur-turned-around-shree-cement/36507/1

---------------


ABCJKLMNO
1SHREE CEMENT LIMITED




2DETAILS OF HOLDING OF PROMOTERS AS ON 31.3.2002
4AS ON 30.6.2001AS ON 31.3.2002INCR. 9 MTS (31.3.02)
5SN.FOLIO/Name of shareholderSHARES% of holdSHARES% of holdInc/ dec(-)% of
6BAC NOS.Nos.ingNos.ingagt 30.6.01incr/dec
7
8ADIRECTORS & RELATIVES
9110022470Shri Benu Gopal Bangur5258211.51%5258211.51%0.00
10210023794Shri Hari Mohan Bangur5405001.55%5405001.55%0.00
11310023815Smt. Rajkamal Devi Bangur1474000.42%1474000.42%0.00
12410026194Shri Prasant Bangur757200.22%757200.22%0.00
13
14TOTAL - INDIVIDUALS12894413.70%12894413.70%00.00%
15
16BBODIES CORPORATES
17
18110023430Digvijay Finlease Ltd.419500012.04%419500012.04%0.00
19210018484Shree Capital Services Ltd.21059456.05%23523296.75%2463840.71%
20310018514Sadasukhi Investments Ltd.20686595.94%21185076.08%498480.14%
21410018522Sabhisukhi Investments Ltd.17193824.94%17397714.99%203890.06%
22510018654Newa Investments Ltd.14190004.07%14190004.07%0.000.00
23610018442Ragini Finance Ltd.12520003.59%12520003.59%0.000.00
24710018573Didu Investments11540003.31%11540003.31%0.000.00
25810018645Manasi Finance Ltd.11300003.24%11300003.24%0.000.00
269CDSL-1911Rambha Investments Pvt. Ltd.9080002.61%9080002.61%0.000.00
271010023180NBI Industrial Finance Co. Ltd..8494502.44%8494502.44%0.000.00
28& 2348( IN PHYSICAL 450 SHARES)4500.00%4500.00%0.000.00
291110018598The Didwana Industrial Corp.Ltd.3274000.94%3274000.94%0.000.00
301210018604The Venktesh Company Limited3200000.92%3200000.92%0.000.00
311310018467GBF Investments (P) Ltd.921310.26%3681691.06%2760380.79%
321410021366Sulabh Vypar Limited691000.20%2557800.73%1866800.54%
331510018612Western India Comm. Co. Ltd.2206500.63%2206500.63%0.000.00
341610021737Tullika Investments Limited2200000.63%2200000.63%0.000.00
351710018475Ashish Exim Pvt. Limited1673300.48%2903100.83%1229800.35%
361810018493Pratigyan Capital Services Limited1712130.49%1810130.52%98000.03%
371910018629The Laxmi Salt Company Limited1126000.32%1126000.32%0.000.00
382010018637Khoobsurat Limited204000.06%205800.06%1800.00%
392110018459Indian Textiles Agency Limited28000.01%28000.01%0.000.00
402210023448Manakrishna Investments Ltd.00.00%147240.04%147240.04%
41
42TOTAL - BODY CORPORATES1852551053.18%1945253355.84%9270232.66%
43
44Total Promoters group1981495156.88%2074197459.54%9270232.66%
45
46
47
48
49INDIVIDUALS
50BODIES CORPORATES
51TOTAL
52GRAND TOTAL
53
54Summary of Increase in holding of Promoters Bodies Corporates
55SNTotal incre.Name of Company
561115134Shree Capital Services Limited
57249848Sadasukhi Investments Ltd.
58320389Sabhisukhi Investments Ltd.
59460537GBF Investments (P) Ltd.
605186680Sulabh Vypar Limited
61673166Ashish Exim Pvt. Limited
6273800Pratigyan Capital Services Limited
63814724Manakrishna Investments Ltd.
64524278TOTAL
65TOTAL INCREASE FORQUARTER

Status : Illiquid

NBI Industrial Finance Limited ' shares should be listed on the BSE 

http://rareindianshares.blogspot.com/2010/12/asset-laden-investment-companies.html

-------------------------------------------------------------------------------------------------------- 

https://delisting.wordpress.com/2014/07/19/nbi-industrial-finance/

==========


For More on Shree Cement / BG Bangur ,please click :-

http://forbesindia.com/article/india-rich-list-2013/how-hm-bangur-turned-around-shree-cement/36507/1

--------------------------


  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. No responsibility taken by this author / blog . )