Today’s M & A Deals_Oct 13, 2018

M & A Deals :

  • CCube Angels Network picks up stake in manufacturing company via PIPE deal
  • OLX co-founder’s VC firm invests in GoZefo
  • India’s retail inflation rises to 3.77% in Sept; industrial output up 4.3% in July
  • Logistics startups BlackBuck, LetsTransport lead VC funding this week
  • GIC-backed Bandhan Bank gets regulatory relief on promoter stake
  • Paytm eyes UCWeb’s India biz; Cube Highways mulls buying some IL&FS road projects
  • OnMobile buys Swedish firm Appland to grow gaming biz

Today’s M & A Deals_Oct 12, 2018

M & A Deals :

  • Worst over for VC dealmaking in India but investors backing fewer startups
  • HealthXCapital hits first close of maiden VC fund
  • Dealmaking platform LetsVenture launches open-ended angel fund
  • CDPQ partners firm co-founded by Al Gore to make long-term bets on sustainable biz
  • Rupee drops to new low near 74.50 per dollar
  • IIM-A incubator, OmniActive’s Mariwala invest in agri-tech startup Sattvaponics
  • Sensex, Nifty plunge more than 2% amid global meltdown
  • Multi-family office leads funding round in co-working firm Innov8
  • MobiKwik acquires online wealth management platform Clearfunds
  • Zydus Cadila eyes Kraft’s India consumer biz; Sachin Bansal may back Ola

Today’s M & A Deals_Oct 11, 2018

M & A Deals :

  • Impact investor Creation buys majority stake in Indian fintech startup
  • Kalaari Capital invests more in used cars marketplace Truebil
  • ThomasLloyd buys into solar power producer SolarArise in first India deal
  • Sensex closes over 1% higher as NBFC stocks stage recovery
  • PNB, Carlyle shelve plan to sell stake in PNB Housing Fin; Nykaa may raise funds
  • Xander to invest $350 mn to acquire Hyderabad office buildings
  • AI-based matchmaking startup Betterhalf gets seed money

Today’s M & A Deals_Oct 10, 2018

M & A Deals :

  • Car Dekho parent Girnar Software’s FY18 revenue jumps 40%, loss nearly halves.
  • Metropolitan Stock Exchange ties up with Canadian firms to float $100 mn fund.
  • Sensex, Nifty mark lowest close in six months; Tata Motors falls 13%.
  • Chronic therapies to drive PE investments in pharma: IQVIA report.
  • Ayushman Bharat to transform healthcare investments, say panellists.
  • Diagnostics sector still attractive to PEs: Thyrocare’s Velumani.

Today’s M & A Deals_Oct 09, 2018

M & A Deals :

  • Swiss firm inks secondaries deal as Asian Healthcare recapitalises debut PE fund
  • PE investors to hit benchmark returns in partial exit from GMR Airports
  • Sun Capital’s joint MD quits, sets up own advisory firm
  • PE-backed ASK Investment, Muthoot Microfin and 2 other firms get SEBI nod for IPOs
  • Sensex closes in the green after volatile trading session
  • BNP Paribas plans to pare stake in SBI Life to meet regulatory requirements
  • ASM Technologies invests in Ideaspring-backed Lavelle Networks
  • NBFC stocks slide amid RBI plans to strengthen sector norms
  • PE-backed Aavas Financiers makes weak stock market debut
  • Mercer buys Blume and Kalaari-backed online skills assessment firm Mettl
  • Enterprise networking startup Lavelle gets fresh funding

Ongoing SME IPO_BCPL Railway Ltd

 

BCPL Railway Ltd

Issue Analysis :

Issue opens Oct. 5, 2018
Issue Closes Oct. 11, 2018
Issue Price Rs 35
Lot Size 4000
Issue Size 17.01 Cr
Lead Manager Gretex Corporate Services Private Limited
Registrar Bigshare Services Pvt  Ltd
Platform BSE

Company’s Snapshot :

BCPL Railway is engaged in the field of Railway Infrastructure Development involving design, drawing, supply, Erection and Commissioning of 25KV, 50Hz Single Phase Traction Overhead Equipment. The key clients of the company include various zones of the Indian Railways like Eastern Railway, South Eastern Railway, South East Central Railway, Northern Railway, East Coast Railway, North Frontier Railway, East Central Railway, Central Organisation For Railway Electrification (CORE) as well as large Public and Private Sector Undertakings like RITES Ltd., Durgapur Projects Ltd., Essel Mining Industries Ltd., Adhunik Group, Usha Martin Industries Ltd, Jindal Steel and Power Ltd., Rungta Mines, Haldia Energy Limited, Electrosteel and many more.

The company started its business as a Civil Contractor for the Indian Railways but diversified into electrification in the middle of the 90’s. Ever since, the company has kept its focus on the Electrification sector of the Railways keeping in view the vast scope of work in the existing and the untapped areas.

Object of the Issue:

The objects of the Issue are to:

 

  • Working Capital Requirements – INR14.15 crore
  • Issue Expenses – INR0.55 crore

 

Financial Highlights :

BCPL Railway’s financial performance (in INR crore)
FY2014 FY2015 FY2016 FY2017 FY2018
Total revenue 32.09 55.53 25.74 34.99 50.64
Total expenses 29.51 51.08 24.41 33.14 44.90
Profit after tax 2.07 3.27 0.96 1.27 4.05

 

Company Promoters:

The Promoters of the Company is:

  1. Mr Jayanta Kumar Ghosh
  2. Mr Aparesh Nandi
  3. Mr Uday Narayan Singh
  4. Resilient Exports Private Limited

Contact Company Information:

BCPL Railway Infrastructure Limited

112, Raja Ram Mohan Roy Sarani

Kolkata – 700 009

Phone: +91 33 2219 0085

Email: corp@bcril.com

Website: www.bcril.com

 

For Beeline Assistance:  Contact Here

Today’s M & A Deals_Oct 05, 2018

M & A Deals :

  • Carlyle to pare stake in Metropolis Healthcare before IPO
  • Former DHL exec sets up logistics company, buys majority stake in Kolkata firm
  • How Chanda Kochhar and other outgoing bank CEOs fared during their tenures
  • Piramal’s Khushru Jijina on housing market, growing demand for debt and more
  • Gaja Capital bets on sport training firm Kooh
  • Sensex falls 2%, rupee hits new low as high crude oil prices weigh
  • India services activity drops to four-month low in September
  • Soft Bank eyes stake in Delhivery; VBHC Value Homes puts off IPO plan again
  • Cloud kitchen startup InnerChef secures fresh funding

Morning Business News Round Up_ Oct 5, 2018

  •   Image result for Govt cuts fuel pricesGovt cuts fuel prices by Rs 2.50 per litre
  •   Bio-CNG incentives to usher stubble based green projects
  •   Not resigning from Maruti board over IL&FS: Bhargava
  •   SUV, EV under Mahindra-Ford tie up soon
  •   Govt determined to contain IL&FS crisis: Jaitley
  •   Mayhem! Rs 3.31 lakh cr equity wealth wiped out
  •   RCom seeks 10 more days to settle Ericsson dues
  •   ICICI Venture in talks to buy stake in Micro Plastics
  •   IDBI Bank allots 339.9 mn preferential shares to LIC at Rs 61.73 apiece
  •   NBCC to float tenders to fast-track stalled Amrapali housing projects
  •   LIC makes open offer of Rs 126 bn to acquire 26% stake in IDBI Bank
  •   Bombay High Court rejects NSEL brokers’ plea on de-registration from Sebi
  •   RIL out of $100-bn club as market cap slips to $96.5 bn, TCS lone member
  •   MF’s AUM surges 14% to over Rs 24 trillion in Sept quarter
  •   Govt notifies 10% LTCG tax on IPO/FPO gains
  •   BSE, NSE to suspend trading in Moser Baer from Oct 11
  •   India, Russia to sign economic agreements, discuss rupee-rouble payment mechanism
  •   Gross direct tax collection grows 16.7% to ₹5.47 lakh crore in April-September
  •   Varun group buys Vizag’s Taj Gateway
  •   SC allows ArcelorMittal, Numetal to clear dues to stay in race for Essar Steel
  •   IL&FS appoints Vineet Nayyar as managing director
  •   OMCs to complete $10 bn overseas borrowing in 1-year: Finance Ministry
  •   Chanda Kochhar quits as CEO of ICICI Bank, Sandeep Bakhshi to take over
  •   Mukesh Ambani richest Indian for 11th consecutive year: Forbes
  •   Govt may extend term of GST anti-profiteering watchdog
  •  SEBI appoints KPMG, Grant Thornton, 5 other entities to conduct forensic audits of listed firms for fraud
  •   Cabinet nod: MSP for rabi crops raised by 2-21%
  •   India Services PMI: Services growth slows in September, two usual suspects make imports costlier
  •   Spot power prices soar to 10-yr high
  •   RoC to grill former IL&FC brass on fund management
  •   Strong US economy puts Asian currencies on skids
  •   Govt explores ways to cut imports, raise exports
  •   17% rise in H1 tax collection boosts govt
  •   Modi, Putin to ink $5.4b deal for S-400 air defence

Today’s M & A Deals_Oct 04, 2018

M & A Deals :

  • How OPIC spread its bets on PE, VC funds operating in India
  • SSG Capital seals maiden buyout in India
  • Reliance Capital-backed winemaker Grover Zampa gets fresh funding
  • Aavishkaar-Intellecap invests in logistics startup GoBolt
  • Sensex closes more than 1% lower as crude prices dampen sentiment
  • Aurionpro buys majority stake in Singapore-based banking tech firm
  • Future Enterprises to buy into mobile payments firm behind QuikWallet
  • Chrys Capital-backed Ipca Labs buys majority stake in US firm Bayshore
  • Rupee drops below 73 for first time on high crude prices
  • Tata Communications buys Dutch firm Teleena to boost IoT biz
  • Amazon India logistics arm’s FY18 revenue jumps 59%, to get fresh fund infusion

Morning Business News Round Up_ Oct 3, 2018

  •   Image result for diesel vehicle banGovt to file review petition over diesel vehicle ban
  •   Troubles at NBFCs may help banks get back lost share
  •   PNB wilful defaulters’ dues fall to Rs 15,075 cr in Aug
  •   GST revenue likely to top Rs 1 lakh crore in Nov, Dec
  •   Ericsson row: RCom seeks 60 days more for payment
  •   40% power generation from non-fossil fuel by ’30: PM
  •   Agri export policy to be in sync with global rules
  •   RBI to buy Rs 360 billion worth of bonds in October to ease liquidity
  •   ONGC to wait for right price before offloading shares in IOC, GAIL
  •   Dr Reddy’s sells US antibiotics manufacturing facility to UAE’s Neopharma
  •   Govt mulls 100% FDI in insurance broking; insurers’ cap to stay at 49%
  •   Sugar makers rush to expand ethanol capacity; 114 applications approved
  •   UN calls for greater India role amidst global chaos
  •   Govt raises loan limit for MSMEs to over ₹1 crore
  •   Refiners weigh options to deal with oil price rally, upcoming sanctions on Iran
  •   Sops for skimmed milk powder exports come under WTO lens
  •   Earlier intervention by LIC might have helped
  •   Task cut out for Vodafone Idea as it moves to leverage synergies
  •   UPI transactions cross 400 million mark in September
  •   Former IL&FS directors write to Uday Kotak, extend support
  •   Task cut out for Vodafone Idea as it moves to leverage synergies
  •   Impact of rising crude oil prices on packaging cost of cement producers
  •   India Inc sees rise in credit quality pressure
  •   US dollar rises against most major currencies
  •   Walmart eyes 10% revenue from pvt labels, 30 stores by 2019
  •   Imposition of calamity tax with GST not advisable: CAIT
  •   Donald Trump threatens new tariffs on China, says no trade deal with Beijing
  •   Liquidity support lifts rupee government bonds
  •   Funds lean towards IT as finance sector faces turmoil
  •   NIM & liquidity issues of NBFCs to remain under control
  •   Yes Bank reveals part of Q2 results in exchange filing