Discover and read the best of Twitter Threads about #AdaniFPO
Most recents (9)
@kharge @narendramodi @kharge ji
Why JPC for investigating Banned Fraud Co #hidenburgresearchâs instigated short selling #Adani stocks?
Also, #HeidenburgReport publication blocked by IndianSessions Court!âŹïž
Youâre tarnishing Indiaâs image by quoting illegal aliens!
JPC only wastes taxpayerâs money!
Why JPC for investigating Banned Fraud Co #hidenburgresearchâs instigated short selling #Adani stocks?
Also, #HeidenburgReport publication blocked by IndianSessions Court!âŹïž
Youâre tarnishing Indiaâs image by quoting illegal aliens!
JPC only wastes taxpayerâs money!
@kharge @narendramodi 2
@kharge ji Ur 10 Questions:
Answered Q1âïž
Q2:LIC investment in #Adani shares lost value eroding pplâs money:
Ans:
Thereâs no loss in bookvalue of LIC investment of âč35,917 Crs in Adani group whose Market value increased to âč56,147 Crores,Gained âč20K Crs.đ
Pl readâŹïž
Q3>3
@kharge ji Ur 10 Questions:
Answered Q1âïž
Q2:LIC investment in #Adani shares lost value eroding pplâs money:
Ans:
Thereâs no loss in bookvalue of LIC investment of âč35,917 Crs in Adani group whose Market value increased to âč56,147 Crores,Gained âč20K Crs.đ
Pl readâŹïž
Q3>3
@kharge @narendramodi 3
@kharge ji
Qn 3:Exposure ofâč82,000 Crs loans of SBI & other banks to #Adani group:
SBI Loans are only âč27,000Crs ie,0.88% of Total SBI Loans!
Both SBI & BoB have stated loans to AdaniGrp have âgood repayment track record and shown no signs of stressââŹïž
YOU STATED WRONGLY!
>4
@kharge ji
Qn 3:Exposure ofâč82,000 Crs loans of SBI & other banks to #Adani group:
SBI Loans are only âč27,000Crs ie,0.88% of Total SBI Loans!
Both SBI & BoB have stated loans to AdaniGrp have âgood repayment track record and shown no signs of stressââŹïž
YOU STATED WRONGLY!
>4
How related Mauritius based entities have played significant role in Adani Enterprises FPO?
Sebi is investigating relationships b/w Adani and two Mauritius-based firms
PS : These entities were not previously reported by Hindenburg
A threadđ§”
#AdaniFPO #AdaniEnterprises
Sebi is investigating relationships b/w Adani and two Mauritius-based firms
PS : These entities were not previously reported by Hindenburg
A threadđ§”
#AdaniFPO #AdaniEnterprises
As per WSJ, 7 Mauritius companies collectively would have held 19.43% of the offering,
Letâs delve deeper into each of these entities and their connection
Letâs delve deeper into each of these entities and their connection
Here are 4 entities & their % of subscription to anchor book
1. Great International Tusker Fund (2.47%)
2. Ayushmat Ltd (2.32%)
3. Elm Park Fund (5.67%)
4. Aviator Global Investment Fund (1.25%)
1. Great International Tusker Fund (2.47%)
2. Ayushmat Ltd (2.32%)
3. Elm Park Fund (5.67%)
4. Aviator Global Investment Fund (1.25%)
Adani Enterprises - Debt breakdown.
Total debt                   = 33500 cr
Airport 7 yrs                = 12000 Ring fenced
Roads 5-7 years          = 2700 Ring fenced
Mining 8-10 years      = 1450 Ring fenced
Total loan ring-fenced = 16150 cr
Total debt                   = 33500 cr
Airport 7 yrs                = 12000 Ring fenced
Roads 5-7 years          = 2700 Ring fenced
Mining 8-10 years      = 1450 Ring fenced
Total loan ring-fenced = 16150 cr
Ring-fenced means banks and institutions have first charge on these assets. And Adani can only cater to the surplus.
Balance Loan              = 17350 cr
Working Capital.         = 7250 cr
Balance Loan              = 17350 cr
Working Capital.         = 7250 cr
Working capital is short term and secured by hypothecating current assets and margin between 10-25%
Balance loan               = 10100 cr
Australia Coal mine.   = 6700 cr
This is a refinance facility catering to a coal block with a life of 100 years, decaying at 15 MMT pa
Balance loan               = 10100 cr
Australia Coal mine.   = 6700 cr
This is a refinance facility catering to a coal block with a life of 100 years, decaying at 15 MMT pa
Adani family Circle and loan frauds
1) Vikram Kothari Erstwhile Promoter of Rotomac & Owner of Dum Pan Masala& Pan Parag Had been Arrested On The Charges of Loan Fraud
2) Vinod Adani's Son Married to the Daughter of Rotomac Owner Vikram Kothari, Dum Pan Masala-Pan Parag
1/5
1) Vikram Kothari Erstwhile Promoter of Rotomac & Owner of Dum Pan Masala& Pan Parag Had been Arrested On The Charges of Loan Fraud
2) Vinod Adani's Son Married to the Daughter of Rotomac Owner Vikram Kothari, Dum Pan Masala-Pan Parag
1/5
3) Vinod Adani's Daughter Married to the Son Of Winsome Diamonds Owner, Named Jatin Mehta Who Was the Defaulter of âč68000 Cr
4) Goutham Adani's Son Karan Adani Married to Paridhi Shroff, D/O Cyril Suresh Shroff, Who Is the Member of SEBI & Corporate Insider Trading Expert
2/5
4) Goutham Adani's Son Karan Adani Married to Paridhi Shroff, D/O Cyril Suresh Shroff, Who Is the Member of SEBI & Corporate Insider Trading Expert
2/5
5) Vikram Kothari Has a Daughter named Namrata Kothari Who Has Married to Pranav Adani Wimor, Who has been Arrested On loan Fraud.
So, Cyril Suresh Shroff is the Master Mind In the SEBI & Fraudster of Whole Adani Group of Companies Fraud, Should Be Arrested.
3/5
So, Cyril Suresh Shroff is the Master Mind In the SEBI & Fraudster of Whole Adani Group of Companies Fraud, Should Be Arrested.
3/5
#AdaniFPO #adani #ADANIENT
What next for Adani group?
A very respected entrepreneur once told me:
If I trust you Ajay, you donât have to explain. But if I donât trust you, any amount of explanation is useless.
What next for Adani group?
A very respected entrepreneur once told me:
If I trust you Ajay, you donât have to explain. But if I donât trust you, any amount of explanation is useless.
Our world of finance moves on Trust and Trust ONLY and Capital Always Follows Trust.
Trust takes years to build and gets destroyed in seconds.
For leveraged businesses, this matters a lot more than unlevered businesses.
Trust takes years to build and gets destroyed in seconds.
For leveraged businesses, this matters a lot more than unlevered businesses.
Any emergence of reputation risk, leads to re-financing risk, leads to liquidity risk and then it creates solvency risk.
đš What could be the possible reasons for the recall of Adani Enterprise's FPO? đ§”
1) The most apparent reason is to enhance the declining reputation of the Adani group by returning money to investors in a responsible manner.
#AdaniFPO #AdaniEnterprises #AdaniGroup
1) The most apparent reason is to enhance the declining reputation of the Adani group by returning money to investors in a responsible manner.
#AdaniFPO #AdaniEnterprises #AdaniGroup
2) Big investors such as Bill Ackman are questioning the legitimacy of the offering and alleging it to be rigged.
Canceling the FPO can halt further questioning of the offer's credibility.
See Bill Ackman's tweet:
Canceling the FPO can halt further questioning of the offer's credibility.
See Bill Ackman's tweet:
3) The big family offices that funded the FPO have begun putting pressure on the Adani group to return the money.
#AdaniFPO bailed out!
Current Mkt Price is lesser than FPO Price by ~10%
Who bailed out?
đ¶Mukesh Ambani [RIL]
đ¶Sunil Bharti Mittal [Airtel]
đ¶Sajjan Jindal [JSW]
Key lesson: Keep your relations with your peers & competitors healthy
They'll help you in the darkest hour!
Current Mkt Price is lesser than FPO Price by ~10%
Who bailed out?
đ¶Mukesh Ambani [RIL]
đ¶Sunil Bharti Mittal [Airtel]
đ¶Sajjan Jindal [JSW]
Key lesson: Keep your relations with your peers & competitors healthy
They'll help you in the darkest hour!
This shows that through thick and thin, India Inc Stands Together
Adding the relevant hashtags #AdaniEnterprises #IndiastandswithAdani
Whether Adani is eligible for raising money via FPO
Rule says you cannot if SEBI investigation is ongoing
A detailed thread on the eligibility test of Adani Enterprises FPO
#AdaniFPO #AdaniGroup #AdaniEnterprises #ADANIENT
Rule says you cannot if SEBI investigation is ongoing
A detailed thread on the eligibility test of Adani Enterprises FPO
#AdaniFPO #AdaniGroup #AdaniEnterprises #ADANIENT
The law
As per regulation 155 of SEBI ICDR Regulations company cannot bring the FPO if investigation by sebi is ongoing or show cause notice has been served and pending
As per regulation 155 of SEBI ICDR Regulations company cannot bring the FPO if investigation by sebi is ongoing or show cause notice has been served and pending
Backstory,In July-21 Govt in parliament responded to questions raised by @MahuaMoitra and stated that SEBI is investigating Adani Group
moneylife.in/article/sebi-dâŠ
moneylife.in/article/sebi-dâŠ
Why has @HindenburgRes come up with the controversial Adani research report now?
How have they engineered their Big Short?
And how they have benefited from it?
Letâs find out in a short đ§”:
#AdaniGroup #stockmarketcrash #Adani #AdaniFPO
How have they engineered their Big Short?
And how they have benefited from it?
Letâs find out in a short đ§”:
#AdaniGroup #stockmarketcrash #Adani #AdaniFPO
Hindenburg Research is a firm that looks for highly leveraged, absurdly valued companies that may undergo a price correction (or even a collapse) in the future.
Theyâre named after the Hindenburg airship, that went down in flames on 6 May, 1937.
#AdaniGroup #Adani
Theyâre named after the Hindenburg airship, that went down in flames on 6 May, 1937.
#AdaniGroup #Adani
This time, theyâve set their eyes on Adani group of companies.
Theyâve put out a detailed report on how the group is on its way to a spectacular collapse due to fraud and stock manipulation.
Not to mention absurd valuations and debt positions.
#Adani #AdaniEnterprises
Theyâve put out a detailed report on how the group is on its way to a spectacular collapse due to fraud and stock manipulation.
Not to mention absurd valuations and debt positions.
#Adani #AdaniEnterprises
