Prabhudas Lilladher Advisory Unlisted Share
Prabhudas Lilladher Advisory Services Pvt Ltd
INZ000196637
Listing Status: DRHP Not Filed
About Prabhudas Lilladher Advisory Unlisted Share
Overview of Prabhudas Lilladher Advisory Unlisted Share
Snapshot
Prabhudas Lilladher Advisory Services is a SEBI-registered, fee-based unit under PL Capital, offering personalized wealth advisory services and curated investment ideas. Their products span investment, trading, and mutual fund strategies, providing comprehensive financial guidance.
Products and Services
- Cash Segment - InvestActive is an equity research product offering continuous investment advice through disciplined, balanced portfolios with three variants: Fundamental Model Portfolios, a mix of Fundamental and Alpha (Short-Term Trades), and Alpha-only portfolios.
- Derivatives - Traders Edge provides algorithm-driven positional and market-neutral trading strategies, offering long and short trades on indices and stock pairs with built-in stop-loss measures for optimized risk management.
- Mutual Funds - InvestActive MF is a mutual fund research product that uses the SPARK methodology to match recommendations with your risk profile, from conservative to aggressive investors.
Business Segments
Other business segments under it are:
*Proposed to be set-up
Recent Transactions
Some of the recent transactions by the company are listed below:
Awards | Recognitions
Management
Amisha Vora | Chairperson and Managing Director
- Experience: Astute entrepreneur and visionary leader with 35+ years of experience. Member of CII-Capital Markets Committee for 5 years, and Board Director at the Association of Portfolio Managers of India (APMI).
Rajeev Dalal | Non-Executive Director
- Experience: With over 15 years as a Corporate Finance Partner at EY, co-founder of Ind Global Finance Trust, and experience in investment banking at HSBC and JM Financial.
- Education: Law and Commerce Graduate from Bombay University.
Insights of Prabhudas Lilladher Advisory Unlisted Share
Financial Snapshot
All values are in INR Cr.
Particulars |
FY 23 |
FY 22 |
Revenue |
212.3 |
204.85 |
EBITDA |
20.29 |
8.06 |
PAT |
10.85 |
-5.88 |
PAT Margin |
5.11% |
-3% |
Key Takeaways:
- The company has undergone an increase in earnings over FY22-23, indicating a positive outlook.
- EBITDA has gone back to normal levels post a downfall in FY22.
- The company has recovered its losses and is profit-making in FY23 with a PAT margin of 5.1%.
Capital Markets Income Growth:
Peer Comparison
All values are in INR Cr.
Particulars |
PL Advisory |
Motilal Oswal Financial Services |
Revenue |
212.3 |
2692.71 |
PAT |
10.85 |
568.91 |
PAT Margin |
5.11% |
21.1% |
Current Market Price (06/09/24) |
275 |
764 |
MCAP |
1731 |
45,621 |
P/E | 152.78 | 15.86 |
P/S |
8.01 |
8.13 |
P/B |
8.52 |
5.23 |
Key Takeaways:
The peer company is proportionately larger, which is considered in the ratio analysis.
- Valuation Analysis: The company is slightly undervalued based on the Price-to-Sales (P/S) ratio and overvalued according to the Price-to-Book (P/B) ratio. The Price-to-Earnings (P/E) ratio indicates that the company is slightly undervalued which can be explained by the negative PAT in FY22.
- Growth Prospects: These valuation metrics suggest that the company has significant growth potential for attracting investor interest and confidence.
Industry Overview
India's financial services industry is experiencing dynamic expansion, marked by robust growth in mutual funds, insurance, and digital payments.
- Mutual fund AUM at Rs. 53.40 lakh crore (US$641.75 billion) as of March 2024; SIP inflows of Rs. 2 lakh crore (US$24.04 billion) from April 2023 to March 2024.
- Life insurance premiums totaled US$32.04 billion in FY23; non-life premiums reached Rs. 1.87 lakh crore (US$22.5 billion).
- BSE listed 5,357 companies by March 2024; NSE is the world’s largest derivatives exchange.
- India’s insurance market expected to grow to US$250 billion by 2025; mobile wallet industry projected to reach US$5.7 trillion by 2027.
India’s financial services sector is poised for significant growth, with ambitious targets for mutual fund AUM and investor accounts, and expanding opportunities in insurance, positioning the country as a major player in global finance.
Funding
- Prabhudas Lilladher Advisory Services has recently raised funds through a preferential placement of equity shares at Rs. 253 per share at a pre-money valuation of Rs. 1500 crore, with a minimum investment of Rs. 1 crore per application.
- The funds will be used for expanding the margin funding book, wealth management operations, contributing to the promoter’s share in AIF, and complying with AMC guidelines.
- The company is expected to go for an IPO within the next three to five years to provide an exit for investors.
Growth Plans
- The company has a vision of becoming the leading quant asset management firm in India.
- It is planning to come out with new strategies such as Aqua and Quant based MF to actualize its vision.
Financial Charts of Prabhudas Lilladher Advisory Unlisted Share
Balance Sheet of Prabhudas Lilladher Advisory Unlisted Share
Profit and Loss of Prabhudas Lilladher Advisory Unlisted Share
Ancillary of Prabhudas Lilladher Advisory Unlisted Share
Ratio Analysis
Peers
Industry Benchmarking
Segment Revenue
Subsidaries
Security Allotment
Corporate Governance
Team Management Details
FAQs of Prabhudas Lilladher Advisory Unlisted Share
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How to buy PL Advisory Services Pvt. Ltd?
Below are three ways through which you can purchase PL Advisory Services Pvt. Ltd:
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to buy PL Advisory Services Pvt. Ltd, please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
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How to sell PL Advisory Services Pvt. Ltd?
Below are three ways through which you can sell PL Advisory Services Pvt. Ltd:
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to sell PL Advisory Services Pvt. Ltd, please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
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What is the price of PL Advisory Services Pvt. Ltd?
We provide a two way quote on all the shares we deal in. Your buy price for PL Advisory Services Pvt. Ltd is ₹296 and your sell price for PL Advisory Services Pvt. Ltd is ₹250. The price is based on our estimates and market conditions.
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What is the lock-in period of PL Advisory Services Pvt. Ltd?
The lock-in period for PL Advisory Services Pvt. Ltd varies depending on the category of investors:
- For retail Investors, HNIs, or Body Corporates, the lock-in period is 6 months from the date of the listing of PL Advisory Services Pvt. Ltd
- For Venture Capital Funds or Foreign Venture Capital Investors, there is a lock-in period of 6 months from the date of acquisition of PL Advisory Services Pvt. Ltd
- For AIF-II (Alternative Investment Funds - Category II), there is no lock-in period
August 2021 saw the introduction of this regulation by SEBI. The purpose of the regulation change, which lowered the lock-in period from a year to six months, was to incentivize additional investments in firms getting ready for initial public offerings, or IPOs. Since its introduction, a number of Portfolio Management Services (PMS) have advised their clients to purchase Pre-IPO shares in order to take advantage of the advantages associated with early-stage investments. This reduction in the lock-in period is considered as a significant step forward.
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How is the PL Advisory Services Pvt. Ltd price calculated?
Fundamental & Comparative valuation models and the forces of demand and supply in the market for unlisted shares dictate the price. These prices are based on our estimates and transaction history of PL Advisory Services Pvt. Ltd. The price is also determined from the most recent funding round for PL Advisory Services Pvt. Ltd. This provides us with a benchmark valuation, offering a clear indication of the company's current market value as perceived by investors and industry experts.
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What are the lot sizes of PL Advisory Services Pvt. Ltd?
We can generally arrange lot sizes starting with an investment of INR 20,000. To confirm the lot sizes of PL Advisory Services Pvt. Ltd with us kindly click here.
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What are the financials of PL Advisory Services Pvt. Ltd?
The financials of PL Advisory Services Pvt. Ltd which includes the P/L of PL Advisory Services Pvt. Ltd and the Balance Sheet of PL Advisory Services Pvt. Ltd is in the financials section (Click on link).
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Where can I find the annual report of PL Advisory Services Pvt. Ltd?
The annual report of PL Advisory Services Pvt. Ltd is available in the annual report section (Click on link).
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Is buying PL Advisory Services Pvt. Ltd legal in India?
Yes, buying and selling unlisted shares in India is indeed 100% legal. This activity is regulated and governed under the guidelines provided by the Securities and Exchange Board of India (SEBI). Investors and traders must adhere to these regulations and guidelines to ensure compliance with legal and financial standards. It's important for participants in the unlisted share market to be aware of and understand these regulations to engage in transactions legally and securely.
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Short-term Capital Gain taxes to be paid on PL Advisory Services Pvt. Ltd?
When you sell unlisted shares within a period of two years from the date of acquisition, any profit earned from the sale is classified as Short-term Capital Gain (STCG). This gain is then added to your total income for that financial year. The tax on this short-term capital gain is calculated based on your applicable individual income tax slab rates. Therefore, the rate at which you will pay tax on the STCG from unlisted shares depends on your total income, including this gain, and the tax slab it falls under as per the prevailing income tax laws in India. It's important for investors to consider these tax implications when engaging in transactions involving unlisted shares.
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Long-term Capital Gain taxes to be paid on PL Advisory Services Pvt. Ltd and how are They Taxed?
Long-term Capital Gains (LTCG) on unlisted shares in India refer to the profits earned from the sale of unlisted shares that have been held for more than two years. The key aspects of LTCG on unlisted shares include:
- Tax Rate: LTCG on unlisted shares is taxed at a rate of 20%.
- Indexation Benefit: This is a significant advantage for investors. Indexation allows for adjusting the purchase price of the shares for inflation, which can reduce the taxable gain.
- Importance for Investors: Understanding LTCG is crucial, especially for High Net-worth Individuals (HNIs) and retail investors, as it impacts their investment strategy and tax planning. Knowing these details helps in making informed investment decisions.
- Calculation: LTCG is calculated by subtracting the indexed cost of acquisition (the purchase price adjusted for inflation) from the sale price of the shares. The profit thus calculated is subject to a 20% tax.
- Applicability: LTCG tax is applicable to profits from the sale of unlisted shares held for more than two years.
- Relevance: This tax is particularly relevant to investors in the unlisted share market, including those considering selling their holdings after a period of more than two years.
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Applicability of Taxes on PL Advisory Services Pvt. Ltd once it is listed?
When shares initially bought in the unlisted market become listed, the taxation rules change significantly if these shares are sold through a stock exchange. Here's what investors need to know:
Transition to Listed Market Tax Rates: Once unlisted shares are listed on the stock exchange and subsequently sold, the tax rates applicable to listed securities come into effect. This shift means that the favourable tax treatments for listed shares, as per the prevailing tax laws, will apply.
Taxation Based on Holding Period: The crucial factor in determining the type of capital gains tax (Long-term or Short-term) is the holding period of the shares. Importantly, this period is calculated from the original purchase date when the shares were unlisted.
Long-term vs. Short-term Capital Gains: If the shares are sold after being held for more than one year from the date of purchase (including the period when they were unlisted), they are subject to Long-term Capital Gains (LTCG) tax.
Conversely, if sold within one-year, Short-term Capital Gains (STCG) tax rates apply.
Significance for Investors: This information is vital for investors in the unlisted market, as it impacts their tax planning and decision-making process. Understanding these nuances ensures that investors can strategically plan the sale of their shares post-listing to optimize tax implications.
Advice for Investors: It's advisable for investors to keep a record of their purchase dates and monitor the listing dates closely. Additionally, staying updated with the latest tax regulations or consulting with a financial advisor is recommended for accurate tax calculations and compliance. -
How does Altius Investech source PL Advisory Services Pvt. Ltd?
At Altius Investech, our approach to sourcing Boat Unlisted Share (Imagine Marketing) involves a strategic and direct method. Primarily, we acquire these shares from the below key groups:
Employees of the Company: Employee stock option plans (ESOPs) or other compensation packages frequently include shares for firm employees. For a various reasons, such as including portfolio diversification or financial considerations, some of these employees may eventually choose to sell their shares. We engage with these employees, providing them a platform to sell their shares.
Initial Investors: These are the angel or early-stage investors who provided capital to the business in its early stages. These original investors may look to sell all or part of their ownership position in the company as it develops and flourishes. This might be done for various reasons such as in order to maximise their investment, reallocate resources, or make other calculated financial decisions.
Funding rounds and VC funds: Altius Investech sources the shares from private placement rounds in which private companies seek to obtain capital from the market. Through our platform, venture capital funds can liquidate their shares and we receive the inventory from them when they decide to sell a portion of their ownership through block trades.
By establishing connections with these groups, Altius Investech guarantees our clients a steady and dependable supply of Boat Unlisted Share (Imagine Marketing). This process not only makes it easier for employees and initial investors in liquidating their assets, but it also gives our clients access to shares that aren't often found on the open market. Our platform effectively facilitates a win-win situation for both buyers and sellers. -
How to trust Altius Investech before buying PL Advisory Services Pvt. Ltd from its platform?
Altius Investech stands at being India's fastest growing and leading marketplace for buying and selling unlisted shares. We believe in enabling access to alternative sources of investments at lower entry barriers to private equity investments.
With more than 25 years of experience, Altius Investech has carved a niche in the financial market by serving more than 8000 clients. The incredible journey is further highlighted by the vast number of transactions that Altius Investech has facilitated transactions that have already exceeded 300 crores.
For investors Altius Investech curates investment opportunities in companies at reasonable valuations which are on the verge of an IPO leading to massive value unlocking. Investments are backed by thorough research and sound investment thesis, with a time bound exit plan.
For ESOP Shareholder and existing Investors, we assist them to liquidate their shares even if they are not publicly traded by creating a platform where we find the right buyers and sellers for the best prices.
Altius Investech have been featured in top media news outlets like Economic Times, Financial Express, Money control. Check out about us on these - leading publications (Click on link) Our journey over these years has not just been about numbers; it's been about building trust and reliability.
We at Altius Investech are dedicated to upholding the greatest levels of ethics and transparency, making sure that your investment experience is not only profitable but also safe and reliable.
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