RATING

RECOMMENDATION

Neutral

  • ROFR Required
  • Available in Depository:

  • NSDL

  • CDSL

  • Available for Investment:

  • Primary

  • Secondary

RATING

RECOMMENDATION

Neutral

RATING

RECOMMENDATION

Neutral

Visit Planify official website if you are going to invest in Sterlite Power Transmission IPO, or looking to know Sterlite Power IPO date because you can read updated research and info on Financial statements, Sterlite Power Transmission Net Profit Growth, revenue growth, latest news, and everything which you need to know before investing.

ISIN

INE110V01015

Face Value

₹2.00

Total Share

6,11,81,902

Total Income

₹3,816.96 Cr

Profit After Tax

₹870.12 Cr

EPS

₹142.22

P/E

6.68

P/B

10.04

Market Capitalisation

₹5,812.28 Cr

Enterprise Value

₹7,851.66 Cr

Book Value

₹94.64

Intrinsic Value

-₹224.64

Dividend Yield

0.56 %

Earnings Yield

14.97 %

Sector

Consumer Discretionary

Sub-sector

Wellness Services

Category

Pre IPO

Cashflow - Operations

₹553.31 Cr

Cashflow - Financing

-₹2,104.15 Cr

Sterlite Power Transmission Growth

Compounded Sales Growth

  • -30.35%

    1 Year

  • -6.29%

    3 Year

  • -4.93%

    5 Year

Pro Only

Compounded Profit Growth

  • -7.73%

    1 Year

  • 53.97%

    3 Year

  • NA

    5 Year

Pro Only

Return On Equity

  • 150.24%

    2021

  • 143.51%

    2019

  • -6308.83%

    2017

Pro Only

About Sterlite Power Transmission

  • Sterlite Power is a leading integrated power transmission developer and solutions provider globally, focused on addressing complex challenges in the sector by tackling the key constraints of time, space and capital. Their business is divided broadly into Global Infrastructure, Solutions Business and Convergence Business.
  • In their Global Infrastructure Business, they bid, design, construct, own and operate power transmission assets across multiple geographies. They help meet the industry’s need for capital by implementing projects on a BOOM (Build Own Operate Maintain) basis and being at the forefront of financial innovation via IndiGrid, India’s first power sector Infrastructure Investment Trust (InvIT). 
  • In their Solutions Business, they provide bespoke solutions to solve complex problems for power utilities, specializing in upgrading, uprating and strengthening power delivery networks. The company's Convergence Business operates at the confluence of the power and telecom sectors. They leverage their transmission infrastructure to roll out reliable communication networks, thereby advancing the Digital India mission.
  • As of March 31, 2021, the company had 715 employees in India, 68 employees in Brazil along with 912 temporary or contract workers.
  • Sterlite Power Transmission Limited is headquartered in Delhi and was incorporated on 5th May, 2015.

  • Sterlite Power Transmission IPO Details

According to the DRHP the IPO comprises a fresh issue of equity shares of the face value of ₹2 each, aggregating up to ₹1,250 crore. The company may consider a pre-IPO placement of Rs 220 crore. Sterlite Power Transmission has reserved 75% of the net issue for the Qualified Institutional Buyers (QIBs) and 15% to Non-Institutional Bidders (NIIs). While the remaining 10% has been reserved for retail investors.

Sterlite Power Transmission
Fresh Issue

₹ 1250.00 Cr

Sterlite Power Transmission
Total IPO Size

₹ 1250.00 Cr

  • Sterlite Power Transmission Funding

Funded By Funding Amount Date of Investment Fund Name
Banco Votorantim $ 250 M 04 Dec 2019 Debt Financing
  • Sterlite Power Transmission Merger & Acquisition

Merger

  • On 26 March 2021, Sterlite Power Transmission filed an application before the National Company Law Tribunal(NCLT), Mumbai praying for the amalgamation of the company and Sterlite Grid Limited 4(SGL 4) under sections 230 to 232 and other applicable provisions of the Companies ACT, 2013. The Board of Directors have approved the SGL4 Merger Scheme by way of their resolution dated March 22, 2021. This has been done for more efficient utilization of capital for enhanced development and growth of the consolidated business in one entity.
  • On 13 January 2021, Sterlite Power Transmission announced the completion of the merger of its wholly owned subsidiary Sterlite Power Grid Ventures Ltd. with the parent entity. The merger was completed under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013, which was sanctioned by the National Company Law Tribunal, Mumbai Bench by way of its order dated May 22, 2020. With this merger, the company further strengthens its position in the marketplace by integrating operations and streamlining the corporate structure. Also, This was done for pooling of resources of SPGVL with the resources of the company resulting in stronger balance sheet to meet future investment requirements.
  • On 24 May 2016, Sterlite Power Transmission announced that it has successfully completed the demerger from Sterlite Technologies Limited. The demerger was completed under Sections 391 to 394 of the Companies Act, 2013 read with Sections 100 to 103 of the Companies Act, 1956 and section 52 of the Companies Act, 2013, which was sanctioned by the High Court of Bombay by way of its order dated April 22, 2016. This demerger was done in order to allow each business to create a strong and distinct platform which enables greater flexibility to pursue long-term objectives.

Investments

  • Disinvestment in Sterlite Investment Managers Limited The company had entered into Share Subscription and Purchase Agreements with Electron IM Pte. Ltd. Pursuant to the said agreement the Company had diluted 60.0% of its stake in Sterlite Investment Managers Limited (“SIML”) in the following manner: i. SIML had issued and allotted 12,49,000 equity shares representing 19.9% of the share capital of SIML to Electron IM Pte. Ltd. (“Electron”), an affiliate of KKR & Co. ii. Further, the Company has sold 24,99,875 equity shares representing 40.0% of the share capital of SIML to Electron. With the consummation of the above transaction the company now holds 40.0% stake in SIML as compared to 100.0% stake on March 31, 2019.
  • Disinvestment in Sterlite Grid 2 Limited, Sterlite Grid 3 Limited and East-North Interconnection Company Limited Sterlite Power entered into a marquee deal with India Grid Trust for sale of its commissioned projects thereby transferring Sterlite Grid 2 Limited along with its subsidiary and Sterlite Grid 3 Limited along with its subsidiary. In addition, the Company also entered into a framework agreement with India Grid Trust to monetize under construction projects in phased manner post commissioning.
  • Disinvestment in Pampa Transmissao de Energia S.A., Arcoverde Transmissao De Energia S.A., and Sterlite Novo Estado Energia S.A. (Brazil Entities) During the year, the group has sold its equity stake in Pampa Transmissao de Energia S.A. (Formerly known as Sterlite Brazil Projetos de Transmissao de Energia S.A), Arcoverde Transmissao De Energia S.A., Brazil & Sterlite Novo Estado Energia S.A, Brazil. Consequent to this, the Group has de-recognized these Power Transmission Assets and gain of INR 408 Cr.  has been recognized on this sale
  • Sterlite Power Transmission Subsidiaries

  • Sterlite Grid 4 Limited;
  • Sterlite Grid 5 Limited;
  • Sterlite Grid 6 Limited;
  • Sterlite Grid 7 Limited;
  • Sterlite Grid 8 Limited;
  • Sterlite Grid 9 Limited;
  • Sterlite Grid 10 Limited;
  • Sterlite Grid 11 Limited;
  • Sterlite Grid 12 Limited;
  • Sterlite Grid 15 Limited;
  • Sterlite Grid 16 Limited;
  • Sterlite Grid 17 Limited;
  • Sterlite Grid 19 Limited;
  • Sterlite Grid 20 Limited;
  • Sterlite Grid 21 Limited;
  • Sterlite Grid 22 Limited;
  • Sterlite Grid 23 Limited;
  • Sterlite Grid 24 Limited;
  • Sterlite Grid 25 Limited;
  • Sterlite Grid 26 Limited;
  • Sterlite Grid 27 Limited;
  • Sterlite Grid 28 Limited;
  • Sterlite Grid 30 Limited;
  • Sterlite EdIndia Foundation;
  • Sterlite Convergence Limited;
  • Onegrid Limited;
  • Khargone Transmission Limited;
  • Sterlite Brazil Participações S.A.;
  • Vineyards Participações S.A.;
  • São Francisco Transmissão de Energia S.A.;
  • SE Vineyards Transmissão de Energia S.A.;
  • Borborema Transmissão de Energia S.A.;
  • Goyaz Transmissão de Energia S.A.;
  • Marituba Transmissão de Energia S.A.;
  • Solaris Transmissão de Energia S.A.
  • Borborema Participações S.A.

Sterlite Power Transmission Business Model

  • Sterlite Grid 4 Limited is engaged in the business of manufacturing, designing, planning, building, developing, engineering, erecting, marketing, importing and exporting, purchasing, selling, transferring, leasing, assembling, installing, commissioning, maintaining, repairing, operating, trading, transmission, investment, investigation, research, consultancy management of power transmission towers, antennae, transmitters, insulators, conductors and all kinds of equipment’s required in generation, transmission and storage of power and undertake turn-key contracts for erecting power distribution network.
  • Sterlite Grid 5 Limited is engaged in the business of amongst others, (i) manufacturing, designing, planning and building of all kinds of equipment required in generation, transmission and storage of power; (ii) undertaking turn-key contracts for erecting power distribution network and energy conversation projects; (iii) generation, transmission, distribution, supply and storage of power.
  • Sterlite Grid 6 Limited is engaged in the business of manufacturing, designing, planning, building, developing, engineering, erecting,marketing, importing and exporting, purchasing, selling, transferring, leasing, assembling, installing, commissioning, maintaining, repairing, operating, trading, transmission, investment, investigation, research, consultancy management of power transmission towers, antennae, transmitters, insulators, conductors and all kinds of equipment’s required in generation, transmission and storage of power and undertake turn-key contracts for erecting power distribution network.
  • Sterlite Grid 7 Limited is engaged in the business of amongst others, (i) manufacturing, designing, planning and building of all kinds of equipment required in generation, transmission and storage of power; (ii) undertaking turn-key contracts for erecting power distribution network and energy conversation projects; (iii) generation, transmission, distribution, supply and storage of power.
  • Sterlite Grid 8 Limited is engaged in the business of manufacturing, designing, planning, building, developing, engineering, erecting, marketing, importing and exporting, purchasing, selling, transferring, leasing, assembling, installing, commissioning, maintaining, repairing, operating, trading, transmission, investment, investigation, research, consultancy management of power transmission towers, antennae, transmitters, insulators, conductors and all kinds of equipment’s required ingeneration, transmission and storage of power and undertake turn-key contracts for erecting power distribution network.
  • Sterlite Power Transmission Revenue Segmentation

  • Revenue from sale of conductors and power cables
  • Revenue from engineering, procurement and construction (EPC) contract
  • Revenue from power transmission services
  • Revenue from construction of concession assets
  • Remuneration of concession assets
  • Revenue from operation & maintenance of concession assets
  • Revenue from sale of traded goods
  • Revenue from project consultancy services
  • Revenue from network infrastructure
  • Other
  • Sterlite Power Transmission Product & Services

  • Power transmission infrastructure development
  • Power transmission solutions provider 
  • Power conductors
  • Optical ground wire
  • Extra-high voltage cables
  • Master System Integration 
  • Building optical fiber infrastructure
  • Sterlite Power Transmission Assets

The company's assets as at 31 March 2021:
  • Plant and Machinery- INR 214.48 Cr
  • Buildings- INR 39.37 Cr
  • Transmission Lines- INR 16.60 Cr
  • Data Processing Equipment- INR 10.51 Cr


  • Sterlite Power Transmission Industry Overview

Industry Statistics

  • Electric power transmission industry consists of businesses involved in the bulk movement of electrical energy from a generating site, such as a power plant, to an electrical substation. The interconnected lines laid out to facilitate this movement are known as a transmission network.
  • Power cable market size has grown by 7% from Rs 157 Bn to reach Rs 203 Bn between 2016-2020. In FY'21, the power cable market size is estimated to continue decline further by 11% over FY'20. The domestic power conductor market declined sharply to Rs 23 Bn in FY'20.
  • The growth factors of power transmission industry include rising gap between power demand and supply, upgradation of existing lines, strong renewable energy capacity additions, cross border power trading, increasing demand for electric vehicles(EVs).
  • The key trends in the power transmission industry includes the movement towards renewable energy, for which Government has planned to integrate renewable energy into the National grid by setting up inter-state and intrastate schemes for evacuation of power from wind and solar projects termed as ‘Green energy Corridors’. In terms of technological trends, the focus is shifting towards smart technologies like evolved grid system, smart metering, digital asset management which will help transform a manpower heavy industry into a smarter and more efficient one.
  • The total installed generation capacity, which is another factor in determining growth in the sector, at the end of March 2021 was 382 GW, of which approximately 80 GW of capacity was added over 2016-21. Total installed conventional capacity (excluding renewables) in India increased to 287,717 MW(Mega watt) at the end of FY'21 from 195,801 MW at the end of FY'13. The Electricity Act, 2003, coupled with competitive bidding for power procurement, implemented in 2006, encouraged the participation of private players, who announced large capacity additions.


  • Per capita consumption is another factor that determines the growth in the sector. For India, it is estimated to have dipped to 1,100-1,130 kWh in fiscal 2021 as power demand slid, particularly from high-consuming industrial and commercial categories, on account of weak economic activity caused by COVID-19 outbreak. It is expected to improve in the future, as power demand picks up due to improvement in access to electricity in terms of quality and reliability on account of intensive rural electrification and reduction in cost of power supply. 
  • The company faces competition from companies like Kalpataru Power Transmission, Adani Power, KEC International, Power Grid Corporation of India etc.

Future Prospects

  • CRISIL Research expects the size of the cable industry to expand by 18-19% CAGR to Rs 350-360 billion over fiscal 2021-25. 
  • The overall power conductor market size is expected to increase by 21-23% over fiscals 2021 to 2025, to reach Rs.100-110 billion in fiscal 2025. 

Government Initiatives

  • In April 2021, the Ministry of Power (MoP) released the draft National Electricity Policy (NEP) 2021. The MoP has created an expert committee including members from state governments, the Ministry of New and Renewable Energy (MNRE), NITI Aayog and the Central Electricity Authority (CEA).
  • Under the Atmanirbhar Bharat relief the government decided to provide Rs 90,000 Cr liquidity infusion for discoms via Power Finance Corporation/Rural Electrification Corporation (PFC/REC) against receivables.
  • As per the Central Electricity Authority (CEA) estimates, by 2029-30 the share of renewable energy generation would increase from 18.0% to 44.0%, while that of thermal is expected to reduce from 78.0% to 52.0%.
  • On November 17, 2020, Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power and Department of New & Renewable Energy (DNRE), Goa, signed a memorandum of understanding to discuss roll-out of India’s first Convergence Project in the state.
  • In October 2020, the government announced a plan to set up an inter-ministerial committee under NITI Aayog to forefront research and study on energy modelling. This, along with a steering committee, will serve the India Energy Modelling Forum (IEMF) jointly launched by NITI Aayog and the United States Agency for International Development (USAID) 
  • The Government of India has allocated Rs. 111 lakh Cr. under the National Infrastructure Pipeline for FY 2019-25. The energy sector is likely to account for 24.0% capital expenditure over FY 2019-25.

Sterlite Power Transmission Awards & Achievements

  • 'Construction Project of the Year' at the S&P Global Platts Global Energy Awards 2019
  • Gold Winner in the IPMA Global Project Excellence Award 2019 for the mega-sized projects category
  • ET Innovation Award 2020 for innovative product Skyrob
  • Occupational Health Safety Awards at the Golden Peacock Awards 2020
  • Dual honor of ‘Utility M&A Deal of the Year’ and ‘Utility Deal of the Year’ in Best Deals category at The Asset Triple A Asia Infrastructure Awards 2020
  • Our innovative financial model featured as a case study by India’s premier management institute– IIM Ahmedabad
  • 'Safety in Electricity Award' in Gold category at the Protection Brazil Awards 2019 for the use of drones and other technologies in crossing energized transmission lines
  • Platinum Winner in the Earth & Environment Foundation (EEF) Global Sustainability Award 2019 for outstanding achievements in sustainability management

Sterlite Power Transmission Strengths

  • According to CRISIL Research, they are the largest private player in terms of project portfolio under the inter-state Tariff based competitive bidding(TBCB) route, with a market share of 26% of transmission projects awarded through the Tariff based competitive bidding(TBCB) route. For a company that commenced operations in 2015 post their demerger, it is a big achievement and shows that the company has much better operational efficiency than its peers.
  • The company also has an international presence and is currently running 25 projects spanning combined 13,700 circuit kms in India and Brazil. Additionally, according to data from the Brazilian Electricity Regulatory Authority ("ANEEL"), they have a 13% market share of the transmission projects auctioned by ANEEL in the period January 2017-June 2021. This is highly beneficial for the company in the long run since they can expect to have a global presence in the future.

Sterlite Power Transmission Shortcomings

  • The company is deriving majority of its revenue through sale of it power transmission assets, which is not a beneficial position for any company since the company is liquidating its assets to generate income and not generating it through the sale of its products and services. This is extremely harmful for the company in the long run.
  • Despite repayment of a large portion of its debt, the company still has a very high debt and along with it faces high finance cost over its total debt. Thus the company's solvency position is very poor.

Sterlite Power Transmission Opportunities

  • India has committed to increase the share of renewable energy to its total energy generation to 40% by Fiscal 2030, as part of the Paris climate deal. This means that there is enormous potential for growth in the production of renewable energy in the coming years. Hence the company should focus and try to reposition itself towards the production of renewable energy.

Sterlite Power Transmission Threats

  • The company faces a huge threat from the big players in the market like NTPC, TATA Power, Adani Power etc and has to improve a lot in order to match up with these industry leaders in power transmission.
  • According to Indian Electrical & Electronics Manufacturers’ Association (IEEMA), the prices of industrial raw materials have increased massively in 2021 over 2020. This also brings the massive jump of 85% in the price of aluminum which is the raw material used in the production of power transmission goods produced by the company. This can hamper the profits and growth of the company in the long run. 
Sterlite Power Transmission Rating

  • RECOMMENDATION

    Neutral

  • Sterlite Power Transmission Detail Info

Industry Statistics

PUBLIC LIMITED

Registered In

India

last Updated

15/01/2021

Registered Date

05/05/2015

Planify Ticker

STEPOWER

Reg Office: 4th Floor, Godrej Millennium, 9 Koregaon Road, Pune-411001, Maharashtra

Visit Website

Frequently Ask Questions

The company has filed DRHP and is planning to raise around 1250 crores

The face value of the company is 2

Yes we can expect good profit from the company in future

Dadra Eximp Pvt Ltd, Twin Star overseas limited, Vedanta Limited & Grow fast Securities and Credit Limited are the major shareholders of the company

Pratik Aggarwal is the Managing Director of the company

The company also has an international presence and is currently running 25 projects spanning combined 13,700 circuit kms in India and Brazil


We recommend Neutral stand on this company

Total Profit for the company is 870.12 Crores

Please find below the procedure for buying stock_name_auto Unlisted Shares at Planify.
• 1. You confirm booking of stock_name_auto Unlisted Shares with us at a trading price.
• 2. You provide your client master report (ask the broker if not available) along with PAN Card and Cancelled Cheque in case you are not transferring funds from the bank account as mentioned in the CMR Copy. These are KYC documents required as per SEBI regulations.
• 3. We will provide the bank details.
• 4. You need to transfer funds in that account.
• 5. Payment has to be done in RTGS/NEFT/IMPS CHEQUE TRANSFER. No CASH DEPOSIT.
• 6. Payment has to be done from the same account in which shares are to be credited.
• 7. We will transfer the shares in 24 hours if funds are credited before 2 pm.
Important Note: Please note that the lock-in period for selling stock_name_auto Unlisted Shares is 6 months after listing. Hence you can’t sell stock_name_auto Unlisted Shares which you bought in Pre-IPO for 6 months after its listing. i.e. You can sell it only after 6 months calculated from the listing date.

Please find below the procedure for selling stock_name_auto Unlisted Shares at Planify.
• 1. We will confirm our buying price of stock_name_auto Unlisted Shares.
• 2. We will give you our client master report and you will transfer the stock_name_auto Unlisted Shares to our demat account.
• 3. We will ask for bank details of yours once the stock_name_auto Unlisted Shares are received in our demat account..
• 4. We will transfer the funds in your bank account within 24 hrs of receiving the stock_name_auto Unlisted Shares.
• 5. Payment will be made in RTGS / NEFT / CHEQUE TRANSFER/IMPS. No CASH DEPOSIT.
• 6. Payment will be given in the same account which is linked to demat account or you need to provide the cancelled cheque shows your name to verify. As per SEBI regulations, the transfer of funds in the third party account is not legal and our policy refrain us from doing so.
Note: The price at which we are buying the share is fixed for 3 days. If you cant sell your stock within 3 days, then the price of that day will be applicable when we receive shares in our demat.

Lock-in period of stock_name_auto Unlisted Shares depends upon category of investors.
• 1. Venture Capital Funds or Alternate Investment Fund of Category -I or II, or Foreign Venture Capital Investor - lock-in Period of 6 months from the date of acquisition of stock_name_auto Unlisted Shares.
• 2. Other Investors (include Retail, HNIs or Body Corporate) lock-in Period of 6 months from the date of listing of IPO of stock_name_auto Unlisted Shares.
This new SEBI rule was introduced in the month of August-2021, wherein the SEBI has reduced the lock-in period previously from 1 year to 6 months to encourage more and more funds to be invested in startups which are going to public or IPO in near future. Reduction of lock-in is seen as big step and after that many PMS funds are advising their clients to invest in Pre-IPO shares to get the benefit of early stage investment.

DIS - Delivery Instruction Slip is the way through which an investor can sell or transfer the stock_name_auto Unlisted Shares from his/her demat account to any other demat account. There are two Types of DIS Slip.
1. Offline-DIS - This is an offline mode of transfer of shares wherein the investors needs to fill DIS form and give it to their broker for transferring the shares. Following are the fields which are required to be filled.
• a. ISIN number of stock_name_auto Unlisted Shares.
• b. Name of stock_name_auto Unlisted Shares
• c. Quantity of stock_name_auto Unlisted Shares
• d. Cosideration Amount
• e. Target DP ID and Client ID
• f. Annexure
2. Online DIS - Some of the broker these days gives facility of transferring the stock_name_auto Unlisted Shares via online DIS. So, please check with your broker whether such facility is available or not. For example: Angel Broking proivdes the facility of Online-DIS from its platform. As an investor he/she simply needs to add a beneficiary into it and send the stock_name_auto Unlisted Shares by filling the details similar to Ofline-DIS.

In the last 4-5 years, the unlisted share market has become quite big and as a result of that, the ticket size has reduced from usual 5-10 Lac to 35-50k in today's scenario. So, via our Planify platform, if somebody wants to buy stock_name_auto Unlisted Shares then minimum investment would be 35-50k.

Yes, buying and selling of unlisted shares in India is 100% legal.

If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.

If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 20% with indexation benefits.

Taxes will remain the same irrespective of listing of shares, if bought in unlisted market. Actually, to be eligible for taxes as per listed market, one has to pay STT on buying and selling of shares. But, if you buy in unlisted and sell in listed market, one pay STT only on selling so, taxes of listed market will not be applicable.

If you buy stock_name_auto Unlisted Shares from Planify then these shares can checked in two ways. However, before we tell you the process of checking of shares, it is intimated that as per SEBI regulations, the shares can be transferred in demat account only.
Check credit of stock_name_auto Unlisted Shares Instantly?
• 1.You can download the NSDL or CDSL application from google play-store and check. If you want to check whether your stock broker is registered with NSDL or CDSL then check the following procedure.
• By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.
• Demat Account = DP ID + Client ID. (16 Characters )
• "DP ID is the unique identification of the Broker. Every broker gets a unique number from CDSL or NSDL.By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.
• Client ID is the unique identification of the Client. Every client gets this unique number which represents his/her portfolio.
• In CDSL, all these characters are numbers (1234567891234567) first 8 digits are DP ID and next 8 digits are Client Id whereas in NSDL the first two characters are letters which are in accordance with the country that you are from (IN12345678912345), then 6 unique digits for Broker and next 8 digits are client ID.
• Example:
• CDSL = 12345678(DP ID) and 91234567(Client ID).
• NSDL = IN123456 (DP ID) and 78912345(Client ID).
• Check in brokers application?
• Credit of stock_name_auto Unlisted Shares can be checked in brokers application as well but it takes T+2 days to show the shares.

The stock_name_auto Unlisted Shares are credited in demat account same day of transferring funds in our company's bank account.

The price of stock_name_auto Unlisted Shares can be checked in two ways. First, you can join our telegram channel where on daily basis we share the latest prices of all the unlisted shares in the morning and secondly, you can register on Planify.live platform to see the historical graphs and prices of all the shares at one place.

If you see the thesis of investment in the unlisted shares then it is being done mainly to take the advantage of IPO market. And, if the IPO plans of company get delayed due to market conditions or any other reason then demand suddenly drops in the market. The unlisted market works mainly on demand and supply and if there is no IPO news then getting exit would be difficult.

"Planify is India's fastest and leading marketplace to buy and sell unlisted shares. In the last 3 years, we have already served more than 1 million users on the platform. The total transactions value done from the platform is already more than 100 Crores. The name of our Co-founders Mr. Umesh Paliwal and Dinesh Gupta publish regularly in leading newspapers like MoneyControl, Business-Standard, ET etc for their views on IPO and Unlisted market. In the last 3 years, Planify has made a good name for itself in the industry and gained a trust of their users. So, the new investors should not be worried about any kind of fraud that is mostly happens with unkown brokers in the market while doing investment with Planify."

We at Planify do the valuation based on 2 methods.
• 1. We check the last funding that is being done in the stock_name_auto Unlisted Shares to ascertain the benchmark valuation.
• 2. If there is no funding happened in the company, then we try to find a business similar to stock_name_auto Unlisted Shares in the listed space and do comparison method to ascertain the valuation.
As an investor in the unlisted space, we would always recommend that you must check all the risk parameter carefully before investing in the unlisted space.

We source shares either from the employees or initial investors looking to liquidate their stock_name_auto Unlisted Shares.

Pre-IPO shares means which are planning for an IPO in near future. So, all the shares which are traded on the platform are not Pre-IPO Shares. However, if the company's business is going good and then demand will always be there in the unlisted space, so even if the IPO does not come, the investors can easily liquidate their stock_name_auto Unlisted Shares in the unlisted market itself.

Rules and regulations of SEBI are applicable in the Unlisted space like lock-in period of 6 months, paying of Stamp Duty, and DP Charges for every transaction etc. However, to become an unlisted broker there is no such regulation by SEBI as of yet.

For tracking news and other information about stock_name_auto Unlisted Shares, one can visit our website wherein we post news and other information on daily basis and one can also join our telegram channel.

Fundamental & Comparative valuation models and the forces of demand and supply in the market for unlisted shares dictate the price. These prices are based on our estimates and transaction history of stock_name_auto Ltd unlisted share.

We can generally arrange lot sizes starting with an investment of INR 20,000. To confirm the lot sizes of stock_name_auto Ltd unlisted shares with us.

The financials of stock_name_auto Ltd which includes the P/L of stock_name_auto Ltd and the Balance Sheet of stock_name_auto Ltd is in the financials section.

The annual report of stock_name_auto Ltd is available in the annual report section.