Aditya Birla Sun Life Business Cycle Fund NFO

 

Introduction

• Every economy goes through growth phases - periods of rising growth, that begins to decline after a peak; only to rise again from a bottom slump.
• This ‘expansion’ and ‘contraction’ is cyclical. Each phase favours growth in different sectors and opens different cyclical opportunities. (For example – the pandemic opened up tremendous opportunities in the healthcare and IT sector)
• This calls for a unique investing style – ‘Business cycle-based investing’

Presenting Aditya Birla Sun Life Business Cycle Fund

• An open-ended equity scheme following business cycles-based investing theme.
• This scheme seeks to identify upcoming cyclical opportunities by estimating:
• The changes in cyclical phase of the economy
• Favorable sectors and opportunities based on the specific economic phase
• To ultimately build a portfolio of industry leaders within these identified opportunities
• The key focus is to apply fund manager expertise to pre-empt these cyclical phases and identify these opportunities before they present themselves

 Why should you invest in this fund?

• Make your portfolio conscious of business cycles Different cyclical phases tend to favour different sectors – in a contraction phase for example defensive sectors such as consumer staples and healthcare that are essential tend to outperform; whereas in an expansion phase, opportunities open up in other non-defensive sectors that have discretionary demand.
  By focusing on identifying these opportunities in advance, this fund has the potential for growth through all business cycles.
• By focusing on identifying these opportunities in advance, this fund has the potential for growth through all business cycles.
• Get a ‘first mover’ advantage through fund manager expertise Expert fund managers seek to pre-empt cyclical changes and opportunities in finding industry leaders to maximise potential of growth for investors
• Flexibility giving diversification Can invest across all market sectors, themes and market caps.
• Global exposure as well The fund also has the flexibility to invest in select and favourable global opportunities, giving you the potential exposure to global markets as well
• Potential for long term capital appreciation Being an equity fund it has the potential for long term capital growth

 

Features & Asset Allocation

Scheme Name	Aditya Birla Sun Life Business Cycle Fund
Fund Manager	Mr. Vineet Maloo; Mr. Nitesh Jain, Mr. Vinod Bhat (for overseas investment)
Scheme Type	An open ended equity scheme following business cycles based investing theme
Investment Objective	The investment objective of the scheme is to provide long term capital appreciation by investing predominantly in equity and equity related securities with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy. The Scheme does not guarantee/indicate any returns. There can be no assurance that the objective of the Scheme will be achieved.
Scheme Benchmark	S&P BSE 500 Total Return Index (TRI)
Asset Allocation	Equity & Equity related instruments selected on the basis of business cycle: 80% -100%; Other Equity & Equity related instruments: 0% -20%; Debt and Money Market Instruments: 0-20%; Units issued by REITs & InvITs: 0% -10%
Plans & Options	Regular Plan and Direct Plan; Both plans will have two options: Growth and Income Distribution cum capital withdrawal (IDCW).IDCW option will have Payout Facility
Entry & Exit Load	Entry Load : NIL; | Exit Load : 1% of the applicable NAV, if redeemed/switched out on or before expiry of 365 days from the date of allotment
NFO Open Date	15thNovember 2021
NFO Close Date	29thNovember 2021

 This product is suitable for investors who are seeking*:

•  Long term capital appreciation
• An equity scheme investing in Indian equity & equity related securities with focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy 

Sigachi Industries Limited IPO

 

Sigachi Industries IPO

Incorporated in 1989, Sigachi Industries is one of the leading manufacturers of pharmaceutical excipients in India. The company is well-known for its Microcrystalline Cellulose, used in a host of medicinal, food, cosmetics, and nutraceuticals purposes. Sigachi Industries manufactures MCCs of different grades starting from 15 to 250 microns. Additionally, the company markets these products under the brands AceCel, and HiCel. Currently, the company has manufacturing units in Gujarat and Hyderabad capable of producing MCCs of 59 grades. It also has an in house research and development team capable of creating new products. Sigachi Industries has 3 manufacturing units, one in Hyderabad and two in Gujarat. As of March 2021, the company has a total manufacturing capacity of 13,128 MTPA spreading across 3 locations.

Furthermore, Sigachi Industries exports about 60% of its total production in markets spreading over more than 40 countries across the globe. Also, the company has a subsidiary in the USA, operating under the name of Sigachi US Inc.

Sigachi Industries IPO Objectives

- To expand the production capacity of Dahej unit in Gujarat by investing Rs. 28.15 crores

- To increase the production capacity of Jhagadia facility by investing Rs. 29.24 crores

- Meeting the capital expenditure requirements to produce CCS at the proposed unit by investing Rs. 32.29 crores

- Meeting general corporate purposes

Sigachi Industries IPO - Details

The speciality Microcrystalline Cellulose manufacturer is planning to gather about Rs. 125 crores through an initial public offering. This IPO will include 7,695,000 fresh issue equity shares at a face value of Rs. 10 per share. This IPO will go live on 1 November 2021 and close on 3 November 2021. You can find the entire IPO timeline in the table mentioned below. Sigachi Industries have appointed Saffron Capital Advisors Private Limited as its book running lead manager. Additionally, Bigshare Services Private Limited is the registrar of this public issue.

Opening Date: Nov 1, 2021

Closing Date: Nov 3, 2021

Price Band: ₹161 to ₹163 per equity share

Issue Size: ₹ 125.43 Cr

Face Value: ₹ 10per equity share

Market Lot: 90 Shares

Listing at NSE, BSE

Sigachi Industries IPO Important Dates

IPO Open Date	Nov 1, 2021
IPO Close Date	Nov 3, 2021
Basis Of Allotment Date	Nov 10, 2021
Initiation Of Refunds	Nov 11, 2021
Credit Of Shares To Demat ACcount	Nov 12, 2021
IPO Listing Date	Nov 15, 2021

 

Why Should You Invest in Sigachi Industries IPO?

Here are some reasons to invest in the public issue of Sigachi Industries –

1. Sigachi Industries is a leader in its business vertical, i.e. producing Microcrystalline Cellulose.
2. The company has been in operations for 30 years, serving a clientele spreading across the world.
3. Along with an experienced management team, it also houses a strong research and development team helping it to cater to new demands.
4. With the IPO, Sigachi Industries plan to increase the production capacity of its units in Dahej and Jhagadia by 3,600 MTPA. It will increase their capacity to 7,890 MTPA, and 5,760 MTPA, respectively.
5. Sigachi Industries has a diverse product portfolio, producing MCCs of 59 grades.

How to apply for IPO?

You can apply for the IPO in these ways:

UPI
Link your bank account to a reliable UPI ID and register it with your Angel One account. Proceed to book PolicyBazaar IPO shares using the ID, confirm the payment on the UPI app, and block the amount for allotment.

Demat Account

1. If you’re a new investor open demat account for free with Angel One using link https://tinyurl.com/k79bdf4z to begin your investment journey.

 

SJS Enterprises IPO

 

SJS Enterprises IPO

SJS Enterprises is one of the market leaders when it comes to the decorative aesthetics industry in India. It boasts of having a vast selection of aesthetic products and is reckoned as a ‘design-to-delivery’ solution provider in the market. The company has carved a name in this field by catering to the requirements of passenger vehicles, consumer appliances, two-wheelers, medical devices, sanitaryware and farm equipment industries.

SJS Enterprises IPO Objectives

- SJS Enterprises will not receive any proceeds from this initial public offering. However, the primary objective of this IPO could be to raise additional capital.

SJS Enterprises IPO - Details

The SJS Enterprises IPO will comprise pure OFS. The OFS worth Rs. 800 crores will be made by Evergraph Holdings Pte Ltd. and KA Joseph, respectively. Presently, Evergraph Holdings owns a 77.86% stake in SJS Enterprises, whereas KA Joseph holds a 20.75% stake.

Opening Date: Nov 1, 2021

Closing Date: Nov 3, 2021

Price Band: ₹531 to ₹542 per equity share

Issue Size: ₹ 800 Cr

Face Value: ₹ 10 per equity share

Market Lot: 27 Shares

Listing at NSE, BSE

SJS Enterprises IPO Important Dates

IPO Open Date	Nov 1, 2021
IPO Close Date	Nov 3, 2021
Basis Of Allotment Date	Nov 10, 2021
Initiation Of Refunds	Nov 11, 2021
Credit Of Shares To Demat ACcount	Nov 12, 2021
IPO Listing Date	Nov 15, 2021

 

Why Should You Invest in SJS Enterprises IPO?

SJS Enterprises’ strong financial performance and widespread client base in both domestic and international markets put it at an advantage. The company is proficient in retaining its customers and has a diverse source of earnings. This makes its initial public offering quite lucrative for stag investors. First, however, investors should understand the growth prospects and limitations of SJS Enterprises to determine whether the company will allow them to meet their investment goals down the road.

How to apply for IPO?

You can apply for the IPO in these ways:

UPI
Link your bank account to a reliable UPI ID and register it with your Angel One account. Proceed to book PolicyBazaar IPO shares using the ID, confirm the payment on the UPI app, and block the amount for allotment.

Demat Account

1. If you’re a new investor open demat account for free with Angel One using link https://tinyurl.com/k79bdf4z to begin your investment journey.

 

PB Fintech Ltd-Policy Bazaar IPO

 

PolicyBazaar IPO

PolicyBazaar is a leading insurance aggregator that started in 2008. When it started its journey, the portal was one of a kind as it pioneered transparency and flexibility in selecting insurance policies. Presently, there are 35 insurance companies on the platform, offering a slew of policies.

Policy Bazaar IPO Objectives

- Meet general corporate expenses
- Invest in the overseas business present in the UAE

Policy Bazaar IPO - Details

PB Fintech, Policy Bazaar's parent company, has passed a resolution in favor of an initial public offering, for which it will file papers by July’s end. Following their application, they will need approval from SEBI and IRDAI. Since the insurance sector is highly regulated, this approval will take some time.

Accordingly, the aggregator plans to release its IPO by the end of this year. Moreover, PB Fintech converted into a public limited company ahead of the Policy Bazaar IPO. Apart from these, for regular updates regarding the Policy Bazaar IPO, refer to the following section.

We will keep updating it as relevant information comes along.

Opening Date: Nov 1, 2021

Closing Date: Nov 3, 2021

Price Band: ₹ 940 to ₹ 980 per equity share

Issue Size: ₹ 6,017.50 Cr

Face Value: ₹ 2 per equity share

Market Lot: 15 Shares

Listing at NSE, BSE

Policy Bazaar IPO Important Dates

IPO Open Date	Nov 1, 2021
IPO Close Date	Nov 3, 2021
Basis Of Allotment Date	Nov 10, 2021
Initiation Of Refunds	Nov 11, 2021
Credit Of Shares To Demat ACcount	Nov 12, 2021
IPO Listing Date	Nov 15, 2021

 

Why Should You Invest in Policy Bazaar IPO?

Here are some reasons why the Policy Bazaar IPO can be a lucrative investment decision for many –

1. Policy Bazaar has a wide customer base in India. According to company reports, they account for almost 25% of India’s term policy sales.
2. The company also receives more than 100 million viewers every year, and they sell about 4 lakh policies monthly through their platform.
3. The company has recently received its IRDAI license, which will help it expand its scope of operations.
4. Policy Bazaar recently received a round of $75 million funding, which they plan to invest in their UAE operations.
5. The company’s UAE wing intends to nudge the sum assured figure via term insurance policies to $1 billion.

How to apply for Policy Bazaar IPO?

You can apply for the Policy Bazaar IPO in these ways:

UPI
Link your bank account to a reliable UPI ID and register it with your Angel One account. Proceed to book Policy Bazaar IPO shares using the ID, confirm the payment on the UPI app, and block the amount for allotment.

Demat Account

If you’re a new investor open demat account for free with Angel One using link https://tinyurl.com/k79bdf4z to begin your investment journey.

 

Fino Payments Bank Ltd IPO

About Fino Payments Bank IPO

Incorporated in 2017, Fino Payments Bank is one of the emerging fintech companies in this country. Backed by industry behemoths such as ICICI Bank, BPCL, and Blackstone, this financial institution has managed to cover 94% of the Indian PIN codes, as stated on their website. Moreover, the bank has 6.41 lakh outlets, 143 customer service points, and 54 bank branches throughout India. Furthermore, they have 6.42 lakh registered merchants, 2.6 million bank accounts on their platforms, as stated on their website.

Fino Payments Bank IPO Objectives :

• The proceeds from the fresh issue will be utilised to strengthen the tier-1 capital of the company further
• The proceeds will be used to meet expenses associated with this offer

Fino Payments Bank IPO - Details

Emerging fintech company Fino Payments Bank has filed its draft red herring prospectus with market regulator Securities and Exchange Board of India to float an IPO of Rs. 1,300 crores. This initial public offer will comprise fresh equity shares worth Rs. 300 crores and an OFS of 15.6 million shares.

IPO Opening Date            Oct 29, 2021

IPO Closing Date              Nov 2, 2021

Issue Type           Book Built Issue IPO

Face Value          ₹10 per equity share

IPO Price              ₹560 to ₹577 per equity share

Market Lot         25 Shares

Min Order Quantity         25 Shares

Listing At             BSE, NSE

Issue Size             [.] Eq Shares of ₹10

(aggregating up to ₹1,200.29 Cr)

Fresh Issue          [.] Eq Shares of ₹10

(aggregating up to ₹300.00 Cr)

Offer for Sale     15,602,999 Eq Shares of ₹10

(aggregating up to ₹900.29 Cr)

Fino Payments Bank IPO Important Dates

IPO Open Date	Oct 29, 2021
IPO Close Date	Nov 2, 2021
Basis Of Allotment Date	Nov 9, 2021
Initiation Of Refunds	Nov 10, 2021
Credit Of Shares To Demat ACcount	Nov 11, 2021
IPO Listing Date	Nov 12, 2021

 

Why Should You Invest in Fino Payments Bank IPO?

Based out of Maharashtra, Fino Payments Bank is an emerging fintech company with a widespread network of customer touchpoints across the country. Their USP is the reach in the interior parts of this country and their strong financials. Here are some reasons why Fino Payment Bank is an ideal investment option –

1. The company has an asset-light business model, mainly based on commission and fees based on income generation from their strategic commercial tie-ups and merchant network.

2. Such a merchant led business model needs minimal capital expenditure, which in turn increases their operating profit.

3. Also, the company's integration of the latest technology and data analytics allows them to increase their customer experience. Also, they can now sell third-party financial products, increasing their revenue and extending customised products.

4. A glance at the company financial will reflect that Fino Payments Bank has increased its revenue in three successive years.

5. Also, they have been profitable in the last financial year, accumulating Rs. 2,985.05 million.

Fino Payments Bank IPO – Noteworthy Highlights

Fino Payments Bank started its operations in 2017, and in 4 years, the fintech company has amassed a notable customer base across the country. Here are some notable highlights of the company that prospective investors should know of –

1. Fino Payments Bank has a footprint in 94% of the PIN codes of India and has 143 customer service points, 54 bank branches, and 6.41 lakh banking outlets.

2. It has 6.42 lakh registered merchants under its portfolio and 2.6 million bank accounts.

3. As of March 2021, its gross transaction value was Rs. 1.33 trillion.

4. Fino Payments Bank’s platform has facilitated more than Rs. 430 million in transactions.

Fino Payments Bank IPO - SWOT Analysis

• Strengths
• Steady improvement in volume: Despite commencing its operations recently, the fintech company has registered steady growth in terms of volume against a comparatively lower operational scale. In FY2021, Fino Payments Bank’s monthly average was around Rs. 9300 - 9400 crores compared to its Rs. 8300 - 8400 crores in FY2020. This steady growth has helped the company to remain profitable over the years.
• Diverse product portfolio: Fino Payments Bank has a diverse product portfolio that includes current and savings account, micro-ATM, AePS, third-party products such as insurance, cash management services, and many more. Resultantly, its revenue stream remains diverse and helps the financial institution to increase its revenue each year.
• Weaknesses
• Merchant-biased operation model: The operational model of Fino Payments Bank primarily relies on its merchants and agents. This network is in charge of handling cash via CMS, CASA, remittance, etc.
• Dealing with third-party products: Since a significant portion of Fino Payments Bank’s business depends on third-party products, changes on that front will affect their revenue.  
• Opportunities
• Holds potential: Fino Payments Bank is likely to grow even further in the coming years. As pointed out by CRISIL, as of March 2021, their sector has about Rs. 0.85 trillion in potential revenue. Now pairing such revenue potential with the bank’s widespread network, it holds prospect.
• Threats
• Established competitors: Fino Payments Bank is currently battling against competitors who are well established. Financial institutions such as Bandhan, RBL, Dhanlaxmi, Equitas, etc., have a strong foothold in their region and have expanded in other areas of the country. Moreover, these banks are better prepared with higher capital to deal with any uncertainty.

 How to apply for Fino Payments Bank IPO?

You can apply for the Fino Payments Bank IPO in these ways:

UPI
Link your bank account to a reliable UPI ID and register it with your Angel One account. Proceed to book Fino Payments Bank IPO shares using the ID, confirm the payment on the UPI app, and block the amount for allotment.

Demat Account

1. If you are already a client of Angel One, apply directly for Fino Payments Bank IPO
2. If you’re a new investor open free Demat account with link

https://tinyurl.com/k79bdf4z

 for free with Angel One to begin your investment journey.