Update on Elcid Investments Pre IPO Share Price

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Elcid investments Shares Price ₹1,63,000.00

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ELCID INVESTMENTS Unlisted Shares Essentials

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Discover and get a complete analysis on Elcid investments Pre IPO - Management, Business Model, Financials, Growth, Valuations, Funding Rounds, News and get latest updates on Elcid investments Financial Statements.

ISIN

Face Value

Total Share

INE927X01018

₹10.00

2,00,000

P/E

P/B

Market Capitalisation

163000.00

163000.00

₹3,260.00 Cr

Intrinsic Value

Sector

Sub-sector

₹2,72,012.00

Financials

Asset Management

Category

Cashflow - Operations

Cashflow - Financing

Listed On Exchange

-₹115.89 L

-₹36.17 L

About ELCID INVESTMENTS Elcid Investments Limited is a Non-Banking Finance Company registered with Reserve Bank of India. The shares of the com-pany are listed on the Bombay Stock Exchange, Mumbai. Elcid Investments Limited was incorporated on 3.12.1981 un-der the provisions of Companies Act 1956 in Mumbai. The company’s revenue from operations has been increased from INR 6,088 lakhs in 2019 to INR 7,752 lakhs in the year 2020, showcased a growth rate of 27.3%.


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ELCID INVESTMENTS Subsidiaries The company has two subsidiaries i.e. Murahar Investments & Trading Company Limited & Suptaswar Investments & Trading Company limited. Both these subsidiaries are also registered with Reserve bank Of India as a Non – Banking Finance Company. However, the company does not have any joint venture or asso-ciate company.

ELCID INVESTMENTS Industry Overview Industry Statistics In January 2021, the National Stock Exchange (NSE) launched de-rivatives on the Ni몭 y Financial Service Index. This service index is likely to provide institutions and retail investors more flexibility to manage their finances. In November 2020, the Reserve Bank of India (RBI) announced establishment of its Innovation Hub. In order to encourage access to financial services and goods and foster financial inclusion, this initiative would create an ecosystem. The Innovation Hub of the Reserve Bank (RBIH) is intended to promote innovation across the financial sector by leveraging technology and creating a con-ducive environment for innovation.

Future Prospects The relaxation of foreign investment rules has received a positive response from the insurance sector, with many companies an-nouncing plans to increase their stakes in joint ventures with In-dian companies. Over the coming quarters, there could be a series of joint venture deals between global insurance giants and local players

Government Initiatives The government has approved 100% FDI for insurance interme-diaries and increased FDI limit in the insurance sector to 74% from 49% under the Union Budget 2021-22. In November 2020, two MOUs were signed—one between India International Exchange (India INX) and Luxembourg Stock Ex-change and another between State Bank of India and Luxembourg Stock Exchange for cooperation in financial services, ESG (envi-ronmental, social and governance) and green finance in the local market.


ELCID INVESTMENTS Strengths Total income of the company has been

ELCID INVESTMENTS Shortcomings

increased from INR 6,088 lakhs in FY 19 to INR

Cash from operations of the company has

7,752 lakhs in FY 2020, showcased a growth

been decreased despite of increased total

rate of 27.3%.

revenue, shows ine몭 icient man-agement of

Profit a몭 er tax of the company has been

cash flows.

increasing from INR 4,631 lakhs in 2018 to INR 7,318 lakhs in 2020 with a CAGR of 25.7% from 2018 to 2020. Company’s debt equity ratio is 0 i.e. lowest risk of bankruptcy. Company’s ROA is highest as compared to its peers. Current ratio of the company is highest amongst its peers thus having a good liquidity position.

ELCID INVESTMENTS Opportunities

ELCID INVESTMENTS Threats The future income from investments and the

One of the biggest opportunities for NBFC is

valuations of investee companies would

its new to credit investment customers.

depend

Such customers are those people who

developments in the coming months and

belong from the rural area and have never

the resumption of activity on gradual relaxa-

borrowed credits or loans from any financial

tion of lockdowns.

institution in the past.

The national lockdown announced on March

People from rural areas have limited access

23, 2020 owing to the COVID-19 pandemic

to

a몭 ected activities of organizations across

banks

and

other

credit

financial

institutions and services and they have to rely upon the NBFCs for availing credits. Therefore, NBFCs are a boon for the rural sector.

ELCID INVESTMENTS Unlisted shares Rating

on

the

global

economic

the economic ecosystem, impacting earning prospects and valuations of companies and creating volatility in the capital markets.


RECOMMENDATION Strong Buy

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Planify Consultancy India Pvt. Ltd Planify Capital Limited SEBI Registration - NSE:AP2815021843(CM Segment), AP2815021843(FO Segment), MCX:AP144517 Mutual Fund License No. ARN-164419 , IRDA Code: ABLIC1003123454, ABLIC1003131639

90b, Delhi - Jaipur Expy, Sector 18, Gurugram, Haryana 122008, India View larger map


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MiQB, Plot 23, Sector 18, Maruti Industrial Development Area Near Motherson Sumi Systems Limited, Gurugram, Haryana 122015

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