Today’s edition of The Daily Brief while exploring NSDL IPO ,also explains the Depository industry as a whole.
I recap a recent article by Mr.Nitin Kamath where he explained about the difference in Investor accounts and demat accounts and I had given feedback as requested (tho.no reply recd.)
Well,the fundamental of equity' is to keep pace with economic development and inflation. But these days IPOs have become casinos’.It defies logic why a company which doesn’t have any capex etc planned,raises funds more than its annual turnover.Looking at their existing profits,the funds raised if kept in Bank FDs will bring more interest.Every time someone buys in IPO, someone else is looking to cash out. We are not investing in real businesses. We’re playing a game of musical chairs where the only way you can get rich is if you sell at the peak.I request ZERODHA VARSITY to analyse this.
The other topic—Market coupling enters electricity trading— is very educational for ordinary investors like me.
I’m Grateful for your sharing knowledge that I can use .
Thank you for the wonderful explanation about depository business and relative strengths of two depositories.
Somewhere above it is mentioned that the subsidiary of NSDL, the managing payment bank has minuscule revenue, which is not really the case. As per the RHP, the payment bank has close to 50% of the consolidated revenue, which may provide NSDL some kind of a buffer against any downside in capital markets.
Today’s edition of The Daily Brief while exploring NSDL IPO ,also explains the Depository industry as a whole.
I recap a recent article by Mr.Nitin Kamath where he explained about the difference in Investor accounts and demat accounts and I had given feedback as requested (tho.no reply recd.)
Well,the fundamental of equity' is to keep pace with economic development and inflation. But these days IPOs have become casinos’.It defies logic why a company which doesn’t have any capex etc planned,raises funds more than its annual turnover.Looking at their existing profits,the funds raised if kept in Bank FDs will bring more interest.Every time someone buys in IPO, someone else is looking to cash out. We are not investing in real businesses. We’re playing a game of musical chairs where the only way you can get rich is if you sell at the peak.I request ZERODHA VARSITY to analyse this.
The other topic—Market coupling enters electricity trading— is very educational for ordinary investors like me.
I’m Grateful for your sharing knowledge that I can use .
Thank you for the wonderful explanation about depository business and relative strengths of two depositories.
Somewhere above it is mentioned that the subsidiary of NSDL, the managing payment bank has minuscule revenue, which is not really the case. As per the RHP, the payment bank has close to 50% of the consolidated revenue, which may provide NSDL some kind of a buffer against any downside in capital markets.