Satya's Weblog

Ashapura Intimates Fashion is a lounge wear company targeting youngsters in India. It is in comfortable clothing segment which can be used at home. It is also selling Sports wear.

It has many categories in comfortable wear. Lingerie, sportswear, leggings, and kids wear.









Ashapura Intimates is trading at CMP: Rs 476.

Issued 4 warrants of the face value of 2.7 Cr aggregating Rs 4 * 10.8 Cr in Oct 2017. At the price of Rs 405.

Sept 2017:
Company has launched new brand “Tricci” for men, toddler, and boys.

May 2017:
Opens exclusive brand outlet in Mumbai.

Feb 2018:
Ashapura Intimates Fashion is in process of opening of Exclusive Brand Outlet (EBO) on February 7, 2018 at Unit No 17-UB, Ground Floor, Kamla Nagar, Main Market, North Delhi, Delhi.

Momai Apparels Ltd was a BSE SME company and was a subsidiary of Ashapura Intimate fashions. Now, from qtr Dec 2017 result, both are merged.

In Dec 2017 result, result include Momai Apparels sales too.

Sales YoY increased by 2.1 times.
Sales QoQ increased by 1.5 times.

11.84% of shares are pledged.

Public own 22.65% of shares.

There are some big change in Shareholding recently.
In Sept 2017 - Promoters held 66.37%,
In Dec 2017 - Promoters held 54.27%,
In Mar 2018 - Promoters held 57.09%.

Today Apr 23, 2018, news came about a new store at Khar, Mumbai.

We are pleased to inform you that there is an Opening of Exclusive Brand Outlet store of our Company tomorrow i.e. 24th April, 2018 at Shop No. 2, Ground Floor, Shyam Kunj, 705, Linking Road, Opp. Khar Telephone Exchange, Khar (West), Mumbai - 400 052.

80% sales comes from female category and 20% from male category.
Loungewear and nightwear contribute 88% of sales.

Vikas WSP is a Guar Gum agro commodity company.


Guar Gum has many usage. It has usages in Share Oil as lubricant. In Vikas WSP, WSP means Water Soluble Polymer.

The Company is one of India's foremost guar gum powder (GGP) manufacturer, supplying to all sectors of the food industry with an extensive range of quality products. Besides food, the company also offers guar gum fo technical applications such as pet food, oil drilling , textile printing, mining paper, etc. Annual production Capacity of all grades of guar gum powder is 39900 MT. The company is committed to provide better products in a timely and efficient manner.

Check Vikas WSP's Products page. It is divided into three page. See pagination at the bottom.

Vikas WSP Ltd. has the privilege to be the world's dominating food grade GGP producer who has implemented HACCP - Food Safety System.

News:
Feb 2018
This year Guar gum is in demand in USA and Middle East.

Export has risen 38% from April 2017 till Dec, 2017.

Vikas WSP consolidates guar gum polymers export business.  News Feb 22, 2018

Vikas Wsp has received orders worth Rs 106.23 crore for newly developed Guar Gum Thermogel-30 for ultra fermented and sausage roll and dairy applications from its MNC customers replacing high priced Locust Bean Gum. Feb 19, 2018 news.


- - - - - -

Vikas WSP was charged few times by SEBI for rule and regulation violation.
- Delay in making Disclosure about pledge shares. Regulatory action in 2017.
- Did not pay dividend within stipulated period. Regulatory action in 2006.


Some info about Guar Gum as commodity:
India accounts for 80 per cent of the world’s production of guar, followed by Pakistan. Rajasthan is the leading producer, contributing 70 per cent of India’s production.
Over 80 per cent of India’s guar products are exported, mainly to the US, Germany and China. The top consuming industry is oil & gas, accounting for 60-65 per cent, followed by food (25-30 per cent) and the rest by pharma. The textile printing industry is the major consumer of guar domestically.


Vikas WSP has market Cap of Rs 267 Cr, whereas Reserve of Rs 965 Cr.

I mentioned it at Rs 12.70 at Facebook Page.
CMP: Rs 14.75.

In 2015-2016, Guar Gum price has hit bottom at around Rs 5000-6000/quintal.

Very old link when Guar Gum was nearing its dream run. Link could be useful for some related information.

Promoters has sold shares two quarters back.This is a big risk. Didn't they predicted that Guar gum price is going to increase!

Apr 23, 2018:
In recent Quarter March Share holders pattern, I see promoters has sold minor part of his stake. They already has low percentage of shares. I disliked it and sold some part today at profit.
  Commodity-wise I still see good score for Guar-Gum. But this was the only listed company.

I have created two polls on #LokSabha2019. Both are doing good. One has done very good. Total 877 votes given on one poll.



1. First Poll:

Your Opinion! 
Mamata Banerjee's effort could weaken BJP's chance of winning #LokSabha2019 by which percentage?

Options are:
A) < 10%
B) less than 20%
C) less than 40%
D) Above 40%

Your Opinion!
Mamata Banerjee's effort could weaken BJP's chance of winning #LokSabha2019 by which percentage? #MamataBanerjee@BJP4India #ThirdFront

— Satya Prakash (@satya61229) March 29, 2018

VOTE.

2. Second Poll:

Here your Opinion Matters. #Poll
#ThirdFront
#Congress
#NarendraModi
- - - - - - -
I may vote for #BJP in #LokSabha2019. Reason is :

Options are:
A) Modi is the only choice
B) BJP is the best at center
C) No good alternative
D) Won't vote for BJP/NDA

Here your Opinion Matters. #Poll #ThirdFront#Congress #NarendraModi
- - - - - - -
I may vote for #BJP in #LokSabha2019. Reason is :

— Satya Prakash (@satya61229) March 30, 2018

VOTE for two polls. Your opinion counts there.

One of these polls are coming on top because of high polls happened there.

You see time is telling that it is 23h old but still at top.

KSE LTD is a Kerala based company which have products in Animal Feed and Milk and Milk Products for human consumption.

Kerala Solvent Extractions Ltd, now known as KSE Ltd, is a company that is engaged in the manufacture of Cattle feed, Oil Cake processing, and Dairy products in Irinjalakkuda, Thrissur District, state of Kerala, India.


It is trading at an attractive valuation.

CMP: Rs 2726







Nadir Barjorji Godrej (Chairman of Godrej Agrovet) holds 1.63% stake.
Rest you check yourself.

Recently we came to know about new "religion" which is called Lingayats. It is a new terms for most of us who thought it as Caste in Hindu religion. Many would not have known it as caste too outside Karnataka State.

Recently, Congress party in preparation for the next state election as given recognition as a separate religion and not a part of Hindu religion. This raised interest to know in simple term what is it and what is the significance of it in India. I was looking for simple write-ups that tells me the whole story in few paragraphs. I got two articles which can help you too.

Just a summary, Lingayats group was formed by Basavanna. They follow a separate God which look like Shivaling of Hindu God. They wear that form of God called Ishtalinga (above pic).
Basavanna formed this group to save people from Hindu caste system and too many rituals. They preached equality and work is worship.

Read more: Minority religion status for Lingayats: How the decision can impact Karnataka elections
Above link will give you some info about social structure of Lingayats and its association with Hindu religion too.

Here is another website which looks like created by few individuals. There they call the person as धर्म गुरू बसवॆष्वर who has established the Lingayats religion. But Lingayats belief system are almost matching at both places so we can have meaningful view about the religion.

Congress believes that breaking this faction from Hindu can help them get votes in election which is 2-3 months away. Lingayats think that they can ask for reservation as minority religion. BJP's Yeddyurappa is thought of as a big leader of Lingayats. Lingayats is 16-18% of Karnataka vote bank.
Now, who is right and who is wrong here and should there be new religion or not! You decide. My main focus was to understand What is Lingayats.