LIC, AMUL, PARLE... WHEN WILL THEY GET LISTED?

By Research Desk
about 12 years ago

By Ruma Dubey

  

  It is human nature – to always aspire for things which are not there, not available. The lure is primarily because it is unavailable. And that is why, despite over 5000 stocks being listed on the BSE, there is always the lure for those stocks, true blue blooded stocks which are unlisted.  Maybe on the bourses, amongst listed stocks, we have reached a point where valuations are stretched over the select few stocks and the rest are not so safe or sound. Thus despite having over 5000 stocks listed, there are only a few which hold any lure and that is like too much money chasing too few stocks.

The newly listed stocks via the IPO route are simply not priced right. They are too expensive and guaranteed to slip below the issue price soon after listing. Thus the faith on IPOs, especially quality IPOs is non-existent.  And with nothing really lucrative to look at, a wish list came into mind – what if these stocks were listed? Its lusting after the unavailable, inaccessible. But it’s a weekend and some indulgence, some amount of fantasizing toh banta hai!

So here is a small list of companies which are the best amongst the best and it would be indeed be great to own some of these stocks in the portfolio. Maybe one day, some of these might get listed at an unaffordable price but till then…

LIFE INSURANCE CORPORATION OF INDIA

With one of the best managed portfolios in the country, having seemingly an unlimited amount of money to invest, running the most profitable insurance business in India, it is a dream company to have in one’s portfolio.  It booked a record profit of Rs.20,000 crore in FY13, the highest net profit earned in 7-8 years. In the current fiscal, it will be investing Rs 2.15 lakh crore out of which 10% or Rs 21,500 crore will be in equities.

GUJARAT CO-OPERATIVE MILK MARKETING FEDERATION

This sounds like some boring company but it is the owner of the brand Amul – now that changes the entire perspective. One of the best brands of India, Amul is a success story which is told, retold and retold. Its milk, yoghurt, cheese, butter, paneer, flavoured milk drinks, ice creams and many more products are a part of our day-to-day life today. At a time when values of life stand eroded, this is one brand which is highly respected and instills faith. Its turnover in FY13 crossed Rs.13,000 crore. It procures 133 lakh litres of milk per day with a network of over 3.2 million farmers across India.

PARLE PRODUCTS

Remember Parle-G or your Glucose biscuits. The simple biscuit which is the perfect dip with your cup of tea,  earns more revenue for the company than the combined turnover of McDonalds, Dominoes, Pizaa Hut in India. That is the strength of this company. Its other brands – Krackjack, Monaco, Hide-n-Seek, Melody, Poppins are equally popular. Set up in 1929, the company is today an over US$1 billion company.

BENNETT COLEMAN & COMPANY

This is the company which owns the brand of Times of India, Economic Times, Times Now, ET Now, Femina, Maharashtra Times, Navbharat Times. It is the largest media company of India, it is closely held and owned by the Jain family. It employs over 11,000 people and revenue exceeding US$2 billion.

TATA SONS

It is the trust company of the Tata group, owner of Tata brand name and trade mark. It hold stake in the over the 100+  listed and unlisted Tata companies. Its financials are one of the best kept secrets of India and its balance sheet is said to run into scores of pages. Its EPS is said to be higher than any company listed on the BSE.

AIRPORTS AUTHORITY OF INDIA

Popularly recognized as AAI, this PSU is the largest airport operator in the country. It is valued at anywhere between Rs.80,000 crore to Rs.1 lakh crore. AAI has 120 airports under its control of which around 85 are operational.

HINDUSTAN AERONAUTICS COMPANY LTD

Known as HAL, it is one of the largest aerospace companies in Asia with its annual turnover exceeding US$2 billion. More than 40% of HAL's revenues come from international deals to manufacture aircraft engines, spare parts, and other aircraft materials. It has factories all across India and collaborations with some of the best – Airbus, Boeing, Sukhoi, Elbit Systems, BAE Systems, Rolls-Royce, ISRO and many more.

These are just some of the names but there are many other names in the wish list, Indian as well as MNCs

YASHRAJ FILMS

IBM

COGNIZANT TECHNOLOGIES INDIA

CARGILL INDIA

APPLE

MAHANADI COALFIELDS

NUCLEAR POWER CORPORATION OF INDIA

RASHTRIYA ISPAT NIGAM

VODAFONE

Well, the list is endless.. you are free to add more to this wish list.