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What to learn from the fall of giant IPOs, Sanjay Jain of Jyoti trading deciphers 

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Following a surge in worldwide IPO activity in recent months, Indian markets have continued to rise to new highs. A big number of retail investors are interested in applying for the shares, especially given how well some previous IPOs fared at first. In 2021, 63 companies in India raised a total of $1.19 trillion through IPOs, more than four times the amount raised in 2020. (26,628 crore). Along with the boost, the market has become more unpredictable and people are reminded of earlier lessons about ‘greed and fear’ in a variety of ways. Among the wave of IPOs and investment opportunities, there are a few things one should bear in mind before being a part of it. Sanjay Jain Jyoti trading parts knowledge with new investors and shares what to keep in mind while doing the IPO business.

Paytm, India’s largest IPO, came on the stock exchanges at a 9 per cent discount from its offer price, with the stock touching the lower circuit on its first day of trading. It has a market capitalization of Rs 18,300 crore. It ultimately cost Rs 1,560, which was 27.40 per cent less than the offer price. The fresh issue accounted for Rs 8,300 crore of the overall issuance, while the offer for sale accounted for Rs 10,000 crore. Zomato’s stock also touched an all-time low on the NSE on February 15, trading at Rs 75.75 per share, significantly below its IPO issue price of Rs 76. 

Also, the recent sell-off in new generation enterprises like Zomato is due to macroeconomics including economic growth rates, interest rates, unemployment, international trade, inflation, and global instability. The stock dropped about 35 per cent, reducing its market capitalization from over Rs. 133,000 crores to around Rs. 65,000 crores. Paytm, Nykaa, and Policybazaar, among others, have all seen significant price drops in recent months. In the case of Zomato, lower-than-expected December-quarter profits have also contributed to the current share price decline.

Investors continue to make the same mistakes, and the last IPO wave was no exception. First and foremost, many successful investors including Warren Buffett, advocate investing in a ‘circle of competence’, or a topic area that corresponds to a person’s talents or knowledge. It claims that an investor who understands the underlying business is better equipped to make investment decisions. Investors, on the other hand, frequently misinterpret this to signify familiarity. When the new-age enterprises were sold to the general public via an initial public offering (IPO), many people mistook the familiarity factor. As a client, you have the right to express your opinion on the quality of the goods and services. However, this does not imply that a client comprehends the company’s business model, margins, profitability, future growth, and valuations. 

Sanjay Jain of Jyoti trading suggests,

“Don’t forget to read the prospectus for the issue before applying for an IPO in India. This document offers extensive information about the company’s financials, market performance, and the goal of the IPO in India. The prospectus can be found on the company’s website or on the SEBI website. Also, see if the promoter or the company is involved in any substantial litigation. At all costs, stay away from repeat offenders.” 

Furthermore, he informs that while listing profits are appealing, if the firm is fundamentally good and short-term, the share price will continue to rise long after the company’s initial public offering in India. And, the most important as well as challenging pointer to keep in mind for ordinary investors is looking at the valuation of the company. This approach is highly technical, yet it is a little biased because investment bankers evaluate management and earnings before determining the ultimate offer price. Sanjay Jain Jyoti Trading says,

“Compare the IPO’s valuation in India with that of a listed peer on the secondary market to make things easier. If the IPO is for a new company, use metrics like the price-to-earnings ratio, price-to-book ratio, and return on equity to evaluate it.”

Therefore, investors should be knowledgeable about the firm and industry in which they wish to invest. They’ll have a big advantage when it comes to valuing the company and agreeing on a purchase price. Different people have different perspectives pertaining to various industries. The key is to figure out which ones they do comprehend and when they are in their comfort zone.

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Delhi Convention Centre: Why is The Zora Convention Centre built at Delhi’s Lodhi Road special?

It serves as an exquisite venue for weddings, festivals, corporate gatherings, and a variety of other events.

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The Zora, Delhi Convention Center, located near Jawaharlal Nehru Stadium in Delhi, was inaugurated in August 2024. This convention center is specifically designed to cater to global event needs.

Spanning over 2 lakh square feet, The Zora features impressive architectural elements, including 38-foot high ceilings and two pre-designed halls, crafted by the esteemed designer Walid Baz, founder of Baz Events. It serves as an exquisite venue for weddings, festivals, corporate gatherings, and a variety of other events.

In an exclusive interview with APN News, Jyoti Kalash, Chief Administrative Officer (CAO) and retired IAS officer stated, “The design of this event center is striking. Upon entering the main hall, guests will feel transported to another realm, as there is a glass floor beneath them that can easily support over 1,000 people.”

“The Zora stands out due to its nature-inspired design and outstanding craftsmanship, which was accomplished in just 80 days by an international team, establishing a new benchmark for luxury in India,” the former IAS officer emphasised.

Dhananjay Kumar, CEO of The Zora – Delhi Convention Center, also spoke with APN News, stating, “We are offering not just a venue, but a destination for unique, unforgettable experiences. This luxurious and stunning space was completed within an impressive timeframe of only 80 days.”

Know what is special in ‘The Zora’

  • Prime location on Lodhi Road, convenient location for all.
  • Parking facility for more than 2000 vehicles.
  • Designed by award-winning architectural designer Walid Baz, bringing world-class expertise to Delhi.
  • Completed within a time period of just 80 days.
  • Spread over 2 lakh sq ft with two pre-designed halls and spacious customisable areas.
  • The Zora’s design is inspired by nature, offering guests an ambiance of beauty and tranquility.
  • 750 tonnes of iron has been used for strength.
  • 700 intelligent lights have been used with over 20 modes to match the mood of the ceremony.
  • Another large dining area is separate from the Grand Ballroom.
  • The interiors look beautiful and are adorned with intricate handmade designs.

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IIMM Delhi claims 100% placement for PG Diploma in ADPR for 3 consecutive years

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The International Institute of Mass Communication (IIMM) Delhi continues to solidify its reputation as a premier institution for media and communication studies by achieving 100% placement for its Post Graduate Diploma in Advertising and Public Relations (PGD ADPR) course for the third consecutive year. This remarkable achievement underscores the institution’s commitment to academic excellence and its pivotal role in shaping future leaders of the media industry.

A Legacy of Excellence

Ms. Simrat Gulati, an IIMC Alumna and Advertising veteran, who heads this program at IIMM Delhi said, “ADPR is one of IIMM Delhi’s oldest and most prestigious programs. Established with the vision of providing comprehensive education and training in the fields of advertising and public relations, this course has evolved to meet the dynamic demands of the industry. The curriculum is meticulously designed to combine theoretical knowledge with practical skills, ensuring that students are well-prepared for the challenges of the professional world.”

Industry Recognition

Industry experts and media professionals also hold IIMM Delhi’s ADPR program in high regard. Vivek Satya Mitram, a renowned Brand Strategist and co-founder at Bharat Dialogues said, “I have interacted with IIMM Students in workshops & events, the rigorous training included in their ADPR course and exposure to real-world scenarios are indeed a benchmark in media education. We at Bharat Dialogues regularly hire interns from IIMM Delhi for their creativity, strategic thinking, and ability to adapt to the rapidly changing media landscape.”

Several key factors contribute to the consistent placement success of the ADPR program at IIMM Delhi added their Academic Director Pooja Priyamvada. “We at IIMM Delhi have fostered strong relationships with leading companies in the advertising and PR sectors. These partnerships provide students with ample internship opportunities, live projects, and exposure to industry practices. We are privileged to have a highly qualified and experienced line up of faculty members & Guest lecturers who bring a wealth of industry knowledge and academic expertise.”

The industry-readiness of any curriculum requires that it is regularly updated to reflect the latest trends and technologies in the media industry. This ensures that students are equipped with relevant skills and knowledge that make them highly employable. As per many ex-students that is what set them apart from the crowd in the highly competitive media industry. Through mock interviews, resume building workshops, and career counseling sessions, the placement cell ensures that students are well-prepared to enter the job market.

The 100% placement record over the past three years is a testament to IIMM Delhi’s unwavering commitment to excellence. As the media industry continues to evolve, the institute remains dedicated to providing exemplary education and training that empowers students to become leaders in their field.

Established in 1999, the International Institute of Mass Media (IIMM) Delhi is a premier institution dedicated to providing high-quality education in mass media and communication. With a focus on practical training, industry exposure, and academic excellence, IIMM Delhi offers a range of undergraduate, postgraduate, and diploma programs designed to prepare students for successful careers in media and communication.

For more information about IIMM Delhi and its programs, please visit www.iimmdelhi.com

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Nima Sulaiman joins HiLITE Group Board, her father gifts her a Porsche

Nima expressed her gratitude for the opportunity and her eagerness to contribute to the group’s success.

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In a move signalling a generational shift in leadership and a commitment to empowering women in the business world, Nima Sulaiman, the daughter of HiLITE Group Chairman P. Sulaiman, has been welcomed onto the board of directors with a stunning gesture—a Porsche worth Rs 3 crore.

At just 18, Nima began her journey with HiLITE Group as a customer service trainee at Hug a Mug Cafe. From there, she transitioned to management roles, showcasing her talent and dedication. With a B.Sc in Economics from the University of London in Singapore, Nima brings a unique blend of academic prowess and practical experience to her new position.

As the Director of HiLITE Urban, a subsidiary of HiLITE Group, Nima is poised to continue the company’s legacy of excellence in construction and development. With a focus on providing quality living spaces and international standards in India, HiLITE Group has been instrumental in transforming Kozhikode city with its innovative projects that include premium residential buildings, ultra modern business parks, state-of-the-art malls and world-class entertainment theaters.

Group Chairman P. Sulaiman expressed his sentiments regarding his daughter’s recent appointment within the Group. He said, “I am immensely proud of Nima’s accomplishments and firmly believe that she is capable to take on greater responsiblities. HiLITE Group has always shed light on the significance of acknowledging and empowering women in leadership positions.” He further emphasised, “The emotional intelligence that women bring to the table is pivotal for fostering effective leadership and establishing trust.”

Nima, in turn, expressed her gratitude for the opportunity and her eagerness to contribute to the group’s success. “Inspired by my experiences visiting renowned malls worldwide, I strive to enrich the atmosphere of HiLITE malls and other projects, infusing them with vibrancy and youthfulness,” she said.

The appointment of Nima Sulaiman to the board of directors represents a significant milestone for HiLITE Group and a testament to the company’s commitment to innovation and inclusivity in the business world. As Nima takes on her new role, she stands as a beacon of inspiration for young women entrepreneurs in South India and beyond.

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