Tag: investors

Business

Unlocking Value: How Unclaimed Investment Recovery Services Can Benefit Investors

Mar 12, 2024 by Mansi Praharaj 0 Comments #Himanshu Mehta, #investors, #Topline Solutions Pvt Ltd, #Toplines Solutions Pvt Ltd, #unclaimed investment recovery services

By Himanshu Mehta, Director of Toplines Solutions Pvt Ltd

Investors can occasionally lose track of their money in the maze-like financial markets. However, concealed among these overlooked resources is a possible gold mine that is just waiting to be unearthed. Services for recovering unclaimed investments are becoming more and more helpful for investors who want to maximize the value of these underutilized assets.

The world of unclaimed investments is wide and varied, ranging from unclaimed shares, bank accounts that are dormant to unclaimed dividends and unclaimed PPF. Globally, assets valued in the billions of dollars go unclaimed, according to recent estimates. These assets frequently slip through the cracks for a variety of reasons, including mistakes, address changes, or even the death of the legal owner.

Specialized companies providing unclaimed investment recovery services have stepped in to help investors regain what is rightly theirs after realizing the urgency of addressing this issue. These companies find unclaimed assets and retrieve them on behalf of their clients using a range of methods and approaches.

Gaining financial advantage is one of the main advantages of using unclaimed investment recovery services. The inactive assets that many investors may have dispersed throughout several financial institutions are not well known. Investors can strengthen their total financial portfolio by identifying and recovering these assets by utilizing the knowledge of recovery services.

“We recognize that investors place a high value on waking up dormant assets. Our company is dedicated to provide thorough unclaimed investment recovery services. We do this by utilizing state-of-the-art technology and industry knowledge to assist clients in getting back what is legally theirs. Investors can feel secure knowing that their money is in good hands when they work with us to maximize investment portfolios and uncover hidden value.”Director of Topline Solutions Pvt Ltd. Himanshu Mehta stated.

Additionally, the unclaimed investment process might assist investors in streamlining their financial operations. In addition to making financial management easier, consolidating dispersed assets guarantees that no worthwhile investments are overlooked.

Furthermore, our company is the only company working on a contingency fee basis & a ZERO ADVANCE Policy, which means they only get paid if they help clients reclaim their investments. By matching the interests of the investor and the service provider, this fee structure makes sure that efforts are concentrated on producing outcomes.

These services can also give investors peace of mind if they’ve forgotten about their assets or are unclear of how to get them back. Investors can feel secure knowing that their money is being actively pursued by leaving the work to experts who understand the complexities of recovering unclaimed assets.

When using unclaimed investment recovery services, investors must, however, proceed with prudence and due diligence. Investors should investigate the reputation and performance history of a recovery firm before hiring them to make sure they are working with a reliable and respectable organization.

To sum up, unclaimed investment recovery services provide a great chance for investors to find hidden wealth in their financial holdings. Investors can recover dormant assets, simplify their financial concerns, and possibly improve their overall financial well-being by utilizing the experience of these specialized firms. These services are expected to become more significant in the financial landscape as people become more aware of unclaimed money. They will aid investors in finding hidden gems and maximizing their investment potential.

Disclaimer: This article is purely informational. The writer holds no accountability for the company’s actions during your interactions. The contents of this article might not reflect current conditions or facts. Any financial choices made based on this material are at your own discretion. This website offers no guarantees concerning the information, and we are not liable for any outcomes resulting from trading or investment.

Business

New Jaisa Technologies Ltd Files Draft Prospectus with NSE Emerge for IPO

Aug 8, 2023 by Neel Achary 0 Comments #Consumers, #Finance, #investors, #laptops, #MSME Entrepreneurs, #Refurbish, #SME

August 8, 2023, Bengaluru: New Jaisa Technologies Ltd, a full-stack Direct-to-Consumer (D2C) electronics brand headquartered in Bengaluru, today announced that it has filed its Draft Prospectus with NSE Emerge for an Initial Public Offering (IPO). This development is a milestone for the rapid-scaler start-up founded in 2020. NewJaisa Technologies aims to be the market leader in providing best-in-class, quality-checked refurbished electronics at affordable and economical prices.

IPO NewJaisa Technologies

The raised capital shall be strategically allocated towards expansion of facility and building an omnichannel proprietary framework for process-oriented refurbishment.

Commenting on the IPO filing, Mr. Vishesh Handa, CEO, and Co-Founder of New Jaisa Technologies Ltd, said, “We are thrilled to reach this significant milestone in our journey. The IPO will allow us to further expand our operations, strengthen our market position, and enhance our product offerings. We believe that this will be a great opportunity for investors to be a part of our growth story and share in our success.”

Indorient Financial Services Limited is the lead manager for the proposed IPO and Pooja EquiResearch Pvt Ltd, Mumbai is acting as the advisor to the Company.

For more information, please visit newjaisa.com

Business

Indians increase their commitment to SIPs. Smaller cities and 30+ investors drive the SIP growth story in the country: ETMONEY SIP Insights Report 2021

Dec 21, 2021 by Gouri Achary 0 Comments #ETMONEY, #ETMONEY SIP Insights Report 2021, #investors, #Mukesh Kalra, #SIP

SIP REPORT 2021-01 (4)

On crossing the milestone of processing over 1 million SIPs every month, ETMONEY releases the SIP Insights Report 2021 that looks at a 5-year trend analysis of investors’ behaviour towards SIPs in India. The report shows that India’s smaller cities are now leading the charge with 64% contribution of SIP inflows coming outside of the top 10 cities that include metros and big business hubs like Bangalore and Hyderabad in 2021. There has been a gradual increase in SIP inflows from smaller cities with its share going up from 59 per cent in 2017 to 64 per cent in 2021.

The ETMONEY SIP Insights Report 2021 shows that SIP inflows are coming from across the country and one state each from all the four corners find a place in the Top 5 states with the highest SIP contribution. Maharashtra at 20.56%, Uttar Pradesh at 11.20%, Delhi at 9.03%, West Bengal at 8.08% and Karnataka at 5.65% currently lead the pack as states with the highest SIP inflows.

The share of the money being invested via SIPs is also going up every year in different income groups. This is a trend India can be proud of as it shows people are trusting SIPs even more and continue to increase their contribution to it each year with an increase in their income. In the ₹5-10 Lakh income group, the share of SIPs is over 6% in 2021.

The report highlights the improvement in not just the scale but also the investment habits. Over 70 per cent of investors are now not stopping their SIPs for at least a year. This number has been growing continuously from 49% in 2017 to 56% in 2018 to 61% in 2019 and 68% in the last year.

The report also indicates a constant rise in the SIPs started by investors in the 30 and above age group. The increased accessibility due to the massive digital push and ease of getting started due to innovative product offerings by digital platforms like ETMONEY is enabling investors who were late in starting their investment journey to finally take the plunge.

Investors are also showing increased awareness and interest by taking more control of their investments. They are opting for a mix of equity and debt funds and making their own hybrid portfolios by combining them accordingly rather than going for hybrid funds.

Speaking on the report, Mukesh Kalra, CEO, ETMONEY said, “ETMONEY has crossed the milestone of one million active SIPs on the platform. We took this opportunity to look at different trends and analyses to understand the evolution of the investment behaviour of Indians and came up with the ETMONEY SIP Insights Report 2021. It is heartening to see smaller cities taking a lead when it comes to overall SIP contribution and investors increased their share of income being allocated to SIPs investments each year. We are now looking forward to witnessing the next phase of evolution in the investments and wealth management ecosystem of India. And geared up to again be at the forefront of innovations”.

ETMONEY SIP Insights Report 2021 points out that staying invested through SIPs has been rewarding for investors as the SIPs have averaged out the market cycles and generated an average of 16 per cent returns in the past 5 years.

Business World

‘franexpoIndia’ announces India’s first affordable Franchise Virtual Exhibition for franchisors and investors from 16th to 18th December 2020

Nov 21, 2020 by Gouri Achary 0 Comments #Franchise Expo, #Franchise Virtual Exhibition, #franchisors, #franexpoIndia, #investors

‘franexpoIndia’ is announcing dates for the online Franchise Expo to take place on 16th-18th December 2020 for the Indian market. It is a marketplace that brings franchisors and investors to a single hub and is exhibiting its first-ever virtual, online event with an aim to reunite franchise community Amid the COVID-19 pandemic.

The aim is to encourage entrepreneurship for startups, social entrepreneurs, franchisors, etc. Expo stalls are priced at an affordable range for all. Investors across the globe can attend the Online Franchise Expo after registering by just online login. It’s a completely digital franchise show from online booking of stalls to attendees from the website:www.franexpoindia.com.

Partners for the show are growth thinkers (Franchise Consulting Partner), Xpresslane (Checkout Made Easy), huddleXR (Virtual Events Venue).

The show will bring together over many prominent speakers from various industries like business schools, franchisors, women entrepreneurs from multiple sectors such as Retail, Fashion, Wellness, Eldercare/Senior Care, Luxury Business, Business Services, Food & Beverages, Organic Business, Education, etc.

Key highlights of the show:

-Meet the brand’s owners/representatives directly online

-Explore the latest business Ideas

– Learn the secret sauce of a successful business from some of the best brains in the industry

– Get to know more about the story and people behind the brands

– Make meaningful connections with thousands of remote visitors

– Meet business peers one to one, experts, investors and consultants

Business World

Zebu to offer trading facilities in the US for its investors

Nov 11, 2020 by Gouri Achary 0 Comments #Finance, #investors, #Stockal, #Trading, #V Vijayakumar, #Wealth managemen, #Zebu, #Zebu Share and Wealth Managements Pvt Ltd, #Zebull

Zebu Share and Wealth Managements Pvt Ltd, a leading financial services solution provider in India, will be offering trading facilities in the US for its investors. It is one of the few financial players in the market to be offering this facility for ushering Indians seamlessly in the global market. According to Reserve Bank of India (RBI) a resident Indian can invest up to $250,000 overseas each year under the Liberalized Remittance Scheme (LRS).

US stock markets are home to some of the fastest-growing companies in the world. For creating this investment opportunity, Zebu has collaborated with US-based Finance and Wealth management start-up- Stockal. Headquartered in New York, with its India office in Bangalore, Stockal is backed by investors with pioneering backgrounds in financial services and technology in the United States, UK, India and Singapore.

V Vijayakumar, Founder & CEO, Zebu said, “We have seen a huge spike in the number of investors taking interest in the stock market in the last seven months owing to the lockdown. It has helped us further expand our customer base. Stockal is building a platform that enables investments in a diverse set of global assets from a single account, from anywhere in the world. Through this facility of overseas investment, we want to offer our clients an option to diversify their portfolio outside of the Indian market and access multi-asset investment opportunities. People are these days interested in new-age technology companies. While Indian stock market offers various exciting investment opportunities, the US market is known for its tech giants- in which people are keen to invest.”

The lockdown has sparked interest in people around trading and exploring the stock market and other financial services. It is interesting to note that most of Zebu’s investor/trader user base consist of people below the age of 40. In the digital era, it has become imperative for all to make use of safe technology to make lives easier. Currently, Zebu is offering a Trade on-the-go platform- Zebull. It is that helps its customers to execute their orders own.

Business World

Indian real estate sector likely to register USD 4.8 bn institutional flow of funds in 2020: JLL

Nov 4, 2020 by Gouri Achary 0 Comments #Capital Markets Update | Q3 2020, #Dr. Samantak Das, #Indian real estate sector, #investors, #JLL, #Ramesh Nair, #real estate, #REIT

India’s real estate market attracted USD 235 mn in the capital in the third quarter of 2020 (Q3,2020), growing by 52% quarter-on-quarter (QOQ), according to JLL’s ‘Capital Markets Update | Q3 2020’ report released today. The India real estate sector is expected to draw USD 4.8 bn of capital in 2020, representing an 8% decline on 2019’s total transactional volume of USD 5.3 bn.

According to JLL, investors are most attracted to the country’s office sector, with interest remaining strong throughout the pandemic and the partial relaxation of the lockdown with USD 200 mn invested during Q3 2020. Concurrently, global investors actively sought asset portfolio opportunities, with two landmark portfolio transactions amounting to a total of USD 3.6 bn in investment value likely to be concluded in Q4 2020. In the primary markets, Mindspace Business Parks REIT- India’s second REIT issue of USD 600 mn was oversubscribed by 13 times in August 2020. The strong response to this REIT indicates a preference for cash flow opportunities in private and public markets.

“We’re expecting a broad-based ‘V-shape’ recovery in the Indian real estate market, but depending on the economic recovery and pandemic response, our estimates have substantial scope for an upward revision. We have already witnessed very positive signs of recovery in the office segment in Q3 with gross leasing at 13.8 mn sq. ft. The REITs market has done exceedingly well with the combined market cap of the India REITs at USD 6 bn accounting for 33% of the market cap of listed real estate companies,” said Ramesh Nair, CEO and Country Head (India), JLL.

Office assets remain the preferred choice

USD mn
Asset Class Q1 Q2 Q3 Q3/ Q2 growth rate Total
Residential 102 48 35 -28% 185
Office 505 66 200 202% 771
Warehousing 54 41        – -100% 93
Hotels 130             –        –                     –             –
Grand Total 791 155 235 52% 1180

Source: JLL Research

The review of investments in the first nine months of 2020 reveals that out of the USD 1.2 bn investments, Bengaluru, Chennai and Mumbai together accounted for 71% share. Bengaluru led the pack with 33% share of real estate investments.

“The impact of COVID-19 on the India real estate market has been unprecedented, but investors have remained bullish on the long-term prospects and voted with their deployments in the third quarter. Though we expect 2020 investments level to be marginally lower than 2019, the recovery will not be broad-based given that two large transactions slated to be concluded this year would account for 76% of the total investments estimated for 2020,” said Dr Samantak Das, Chief Economist and Head of Research & REIS (India), JLL.

Lessons from past and looking ahead

Post the Global Financial Crisis (GFC), investments in Indian real estate declined by 71% during Q1-Q3 2009 as compared to the same period in 2008. However, investors after the brief wait came back with lessons learnt. Investments during Q1-Q3 2010 saw a recovery of 92%. This year, a similar pattern has panned from Q1-Q3 2020 wherein investments declined by 73% although on a higher base.

Green shoots of recovery like a strong response to REITs, large office and retail asset portfolio deals in progress and robust office sector fundamentals indicate that a similar pattern which was witnessed in 2010 could unfold shortly. Indian real estate has come a long way, post the global financial crisis due to structural transformation as well as regulatory reforms introduced in the last decade.

REITs: Redefining investments in Indian real estate

According to JLL, increased awareness of REITs will ensure acceptability and lead to a gradual increase in retail interest and deeper institutional involvement in this segment. Brookfield Asset Management has filed for India’s third REIT with an expected issue size of USD 600 mn. As the market matures, JLL expects global funds are looking for an established track record, an ability to remain transparent and deliver predictable returns, which were demonstrated by India’s two listed REITs.

Business World

Franklin Templeton: Letter to investors by Sanjay Sapre

Sep 12, 2020 by Gouri Achary 0 Comments #Franklin Templeton, #investors, #Sanjay Sapre

Subject: An Update on Winding up of 6 Fixed Income Schemes

Dear Investor,

I hope you continue to stay safe and healthy. I am writing to update you on the latest
developments on the six fixed income schemes under winding-up.

Schemes continue to receive cash flows:

• I am happy to inform you that we have now added two more schemes to the basket of
“cash positive” schemes. As on August 31, 2020, Franklin India Low Duration Fund and
Franklin India Credit Risk Fund turned cash positive taking the total count of cash positive schemes to four. Borrowing levels in the balance two schemes continue to steadily come down.
• I wish to reiterate that the cash flows received so far are without the ability to efficiently monetize assets. The schemes will endeavour to accelerate monetization post the successful completion of the e-voting exercise and the Unitholder meet, which can only take place after the completion of the legal process.
• From April 24 till August 31, 2020, the schemes have received INR 6,486 crore from maturities, pre-payments, and coupons.
• From August 1 till August 31, 2020, the schemes have received cash flows of Rs 2,206 crore from various issuers. A large portion of this was from the money received from Vedanta
Ltd. On August 17, 2020, four out of the six schemes under winding up cumulatively received INR 1050 cr. as part of maturity proceeds and interest payments.

Update on the Future Group:

On August 29, 2020, Reliance Retail Ltd. announced the acquisition of the retail, wholesale
logistics and warehousing business of the Future group, for a lump sum aggregate consideration
of INR 24,713 crores, subject to adjustments as per the terms of the Composite Scheme of
arrangement.

The above acquisition is being done as part of the Scheme through which Future Group is amalgamating certain companies (including Rivaaz Trade Ventures Pvt Ltd – RTVPL) carrying on the aforesaid businesses into Future Enterprises Limited (FEL). After the amalgamation, FEL is expected to conclude the sale. Further, FEL is expected to raise ~INR 2,800 crores by way of preferential allotment to Reliance Retail through a combination of equity shares and warrants. Reliance Retail will hold ~13.14% in FEL (post-merger).

Based on a representation received from the Future Group, we understand that the NCDs held by four of the six schemes under winding up (click here for more details) are proposed to be repaid from proceeds of the transaction. This proposed sale and the scheme of restructuring will be subject to regulatory approvals and approval from equity shareholders and creditors of the transferor companies and transferee companies. Due to default in payment, the securities of RTVPL are being valued at zero, basis AMFI’s standard hair cut matrix. This valuation only reflects the realizable value on the date of valuation and does not indicate any reduction or write-off of the amount repayable by RTVPL to the schemes.

We believe the proposed sale announcement is a positive development for the NCDs held by the schemes. We are closely tracking developments around the same.

Update on other investee companies:

Barring issues in payment by a small number of issuers such as the Future Group, Essel and Anil
Dhirubhai Ambani Group (ADAG), all other investee companies in our portfolio have made the payments as scheduled, since the day of the winding up. In all these cases, we are actively pursuing all remedies for a full recovery. I know many of you have seen the NAV of the funds move up and down, but I want to assure you that this is largely due to mark-to-market movements.

I am also pleased to inform you, that Vodafone Idea has made a payment of INR 146.02 crore which has been distributed to the unitholders of the segregated portfolio in proportion to their entitlement.

Update on cases filed against Franklin Templeton:

The Hon’ble Karnataka High Court hearings on the schemes under winding-up commenced on
August 12th, 2020 and the matter is being heard on a near-daily basis. The court has finished hearing the petitioners from the Delhi, Gujarat and Madras High Courts. The court is expected to hear us after SEBI completes their arguments. You might have heard some news about the possibility of distributing surplus cash to the unitholders. The interpretation of the regulation in this regard is currently under the consideration of the Hon’ble Karnataka High Court and it would be inappropriate to comment on the same. We will be happy to distribute the investment proceeds realized by the schemes in compliance with the applicable regulations, at the earliest.

As we have always maintained, the decision on winding up of the six schemes was taken with the sole objective of safeguarding the interest of our investors. We know that this decision has significantly impacted our reputation, which we built painstakingly over the last 25 years. As I end this message, I want to re-affirm our commitment to India and our investors. Our focus is to return the maximum possible value to all investors in the shortest possible time in these unprecedented times, and we continue to make progress in this regard.

We will continue to share progress and updates on matters that are important to you. Thank you once again for your continued patience and co-operation.

In case of any further queries, please feel free to call our dedicated helpline at 1-800-258-4255
or 1-800-425-4255 from 8 a.m. to 9 p.m., Monday to Saturday. Alternatively, you can also e-mail
us at service@franklintempleton.com.

Yours Sincerely,
Sanjay Sapre
President
Franklin Templeton Asset Management (India) Pvt. Ltd.