Why Subscribe to RailTel IPO?
Railtel Corporation of India (RailTel), a Mini Ratna (Category-I) Central Public Sector Enterprise, having pan India optical fiber network of 59,098 route KM (18,000 KM in cities), offers Telecom services and also undertakes Projects (System Integration Services).
Railtel, having strong backing from Government of India (GoI), stands to gain from securing projects from GoI and PSUs on nomination basis.
As per the management, the value of orders that it is currently working on is ~`4,000 cr which provides good growth visibility.
As of January 31, 2021, it had exclusive right of way along 67,415 route kilometers connecting 7,321 railway stations for laying optical fiber cable.
Stove Kraft Ltd. - Company details
Started in 1999 as a single brand small LPG stove manufacturing company, Stove Kraft Limited has grown to become a kitchen solutions and an emerging home solutions brand.
Stove Kraft manufactures and retails a wide and diverse range of affordable (value segment), quality products under “Pigeon” brand, including, inter alia, cookware, cooking appliances and household utilities (including consumer lighting). They currently offer a wide range of products such as chimney, hobs and cooktops under the “Gilma” brand, which is targeted at the semi-premium segment.
The company is also an exclusive licensee for the “BLACK + DECKER” brand till December 31, 2027 which will enable them to exclusively retail, and provide post-sales services in relation to, a wide range of products such as blenders and juicers, breakfast appliances, small cooking appliances and small domestic appliances in India under the same brand.
Why Subscribe To Home First Finance Company IPO?
HFFC is a technology driven affordable housing finance company targeting first time home buyers in the low and middle-income groups. Home First Finance Company is a niche HFC with an AUM of `3,730 cr as of 1HFY21.
It focuses on the affordable housing segment for salaried/self-employed segments in tier 2-5 towns, with largest exposures in Gujarat, Maharashtra and Tamil Nadu.
The key advantages for HFFC are small size and niche positioning which sets it up for growth as well as provides pricing power in its customer base, its ability to leverage technology for better service delivery, funding availability with competitive cost of funds, strong parentage and high capitalisation (Tier 1 CAR of 50.4% as of 1HFY21).