RBI Steps In to Review AGS Transact’s ATM Cash Processes

The Reserve Bank of India (RBI) is reviewing the cash management practices of AGS Transact Technologies, a key player in ATM cash handling. This comes after concerns emerged over untraceable funds, prompting a crucial meeting with banks that rely on AGS Transact’s services.

Concerns Over Missing Funds

Since mid-January, banks have struggled to track cash handled by AGS Transact, leading to growing concerns about potential discrepancies. The company has denied any wrongdoing, stating that it is actively reconciling cash across ATMs and vaults while following standard banking procedures. Despite these assurances, RBI’s intervention highlights the seriousness of the situation.

Scrutiny on ATM Cash Handling Practices

A major focus of the review is on how cash moves from AGS Transact’s vaults to ATMs. While ATM cassettes are designed to be secure, risks arise during cash transfers. Less than 40% of ATMs have adopted the cassette swap system introduced in April last year, which requires two-factor authentication to minimise human interference.

Banks have yet to agree on how to cover the additional costs of these security measures, leaving ATM operations vulnerable to manual handling risks.

ATM Disruptions and Migration to New Service Providers

The cash shortages at ATMs managed by AGS Transact have worsened since February 2025, affecting an estimated 30,000-35,000 machines, as per media reports. The company services at least 16 banks, including major players like State Bank of India (SBI), HDFC Bank, ICICI Bank, Bank of India, Union Bank of India, and Axis Bank.

However, SBI and ICICI Bank have already started moving to other service providers such as CMS Info Systems and Hitachi. The RBI is now overseeing this transition while working on solutions to recover the missing cash.

Financial Troubles and Insolvency Proceedings

AGS Transact is facing additional challenges with rising financial liabilities. Maxwell Aircon, one of its operational creditors, has initiated insolvency proceedings over unpaid dues of around ₹38 crore. This legal action raises further uncertainty about the company’s future and its ability to continue operations in the ATM cash management sector.

Conclusion

With ATM cash shortages and security concerns affecting the banking industry, urgent steps are needed to stabilise operations. Stricter regulations, improved security in cash handling, and a quicker shift to alternative service providers may help restore trust in the system. As RBI continues its review, the focus remains on ensuring a smooth transition and strengthening cash management practices to prevent further disruptions.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Coal India Signs MoU to Boost Innovation in Critical Minerals Sector

Coal India Limited (CIL) has taken a significant step towards enhancing its technological capabilities in the critical minerals sector. On March 15, 2025, the company signed a non-binding Memorandum of Understanding (MoU) with the Non-Ferrous Materials Technology Development Centre (NFTDC) in Hyderabad. This partnership aims to foster innovation, strengthen expertise, and align with the Indian government’s vision for self-reliance in the mining industry.

A Strategic Move for Technological Advancement

The collaboration between Coal India and NFTDC is expected to accelerate the research and development of advanced technologies in critical minerals. NFTDC, an autonomous R&D institution under the Ministry of Mines, will provide its expertise to facilitate this transformation.

The move reflects Coal India’s ambition to diversify beyond coal and contribute to India’s growing demand for strategic minerals essential for industries such as electronics, defence, and renewable energy.

Government’s Focus on Self-Reliance in Mining

India’s push towards self-reliance in mining is gaining momentum, and Coal India’s latest MoU plays a crucial role in supporting this objective. By leveraging NFTDC’s technological capabilities, the company aims to reduce dependence on imports and develop indigenous solutions for critical mineral extraction and processing.

Production Challenges and Targets

While Coal India’s efforts in technological expansion are commendable, the company faces significant production challenges. In February 2025, Coal India reported a 0.8% year-on-year decline in production, recording 74.1 MT. Despite this setback, the company’s overall production for the financial year so far stands at 695.3 MT, reflecting a modest 1.5% increase from the previous year.

However, this is only 83% of its ambitious target of 838 MT for FY25. To meet its annual production goal, Coal India must achieve an output of 142 MT in March 2025, the last month of the financial year. This remains a challenging feat, given the slowdown in power demand and other operational hurdles.

Decline in Offtake and Market Reactions

Coal India’s offtake in February also declined by 4.8% year-on-year, standing at 62.1 MT. Cumulatively, for the current fiscal year, the company’s offtake has risen by 1.3% to 693.4 MT.

Despite these operational challenges, Coal India’s stock has shown resilience in the market. As of March 18, 2025, at 3:31 PM, the Coal India Share Price was trading 0.92% higher at ₹389.30 per share. However, over the last six months, the stock has declined by 19.8%.

Conclusion

The partnership between Coal India and NFTDC holds significant potential for the future of India’s mining industry. By focusing on critical minerals technology, Coal India is positioning itself as a key player in the evolving landscape of mineral extraction and resource management.

This move could lead to greater efficiency, sustainability, and competitiveness in the sector. Meanwhile, market performance, including Coal India Share Price movements, will reflect investor sentiment towards these strategic initiatives.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Divine Hira Jewellers IPO Allotment Status

Divine Hira Jewellers IPO is a fixed-price issue of ₹31.84 crore, comprising 35.38 lakh fresh shares at ₹90 each. The IPO opened on March 17, 2025, and is closing soon on March 19, 2025, with allotment expected on March 20, 2025, and a tentative listing on March 24, 2025, on the NSE SME platform.

Retail investors need to invest at least ₹1,44,000, while HNIs must apply for a minimum of ₹2,88,000. Horizon Financial manages the IPO, Bigshare Services is the registrar, and Giriraj Stock Broking is the market maker.

How to Check Divine Hira Jewellers IPO Allotment Status Online on NSE?

  • Go to the application status page.
  • Select “Equity” under the Issue Type.
  • Choose “Divine Hira Jewellers” from the Issue Name dropdown.
  • Provide your Application Number or PAN.
  • Click on “I am not a robot” and Submit.

How to Check Divine Hira Jewellers IPO Allotment Status Online on the Registrar’s Website?

  • Go to the registrar’s official website.
  • Select “Divine Hira Jewellers” from the company list.
  • Enter your Client ID, Application Number, or PAN.
  • Click on Submit.

Divine Hira Jewellers IPO Details

Divine Hira Jewellers IPO, a ₹31.84 crore fixed-price issue, includes 35.38 lakh fresh shares at ₹90 each. Open from March 17 to 19, 2025, allotment is on March 20, with NSE SME listing on March 24, 2025. Horizon Financial manages the IPO, Bigshare Services is the registrar, and Giriraj Stock Broking is the market maker.

Allocation Quota for Divine Hira Jewellers

The table below breaks down the Divine Hira Jewellers share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.

Category of Investors Allocation of shares under IPO
Reservation for Employees [-]
Anchor Allocation [-]
Market Maker Shares Offered 1,77,600 (5.02%)
Other Shares Offered 16,80,000 (47.49%)
Retail Shares Offered 16,80,000 (47.49%)
Total Shares Offered 35,37,601 (100%)

Data Source: BSE-SME

Divine Hira Jewellers IPO – Overall Subscription Status

Category Subscription (times)
Non Institutional Investors 0.39
Retail Individual Investors(RIIs) 2.89
Total 1.64

Note: Final subscription details are as of March 18, 2025, 3:53 PM IST.

Divine Hira Jewellers Business Overview

Divine Hira Jewellers Limited specialises in designing and marketing 22 Karat gold jewellery, offering diverse designs that cater to regional preferences. Based in Mumbai’s Zaveri Bazar, a major jewellery trading hub, the company supplies wholesalers, showrooms, and retailers.

It sources gold from bullion dealers and plans to import directly for efficiency. Without an in-house manufacturing unit, it collaborates with skilled artisans across India. The company focuses on high-margin gold jewellery, boosting PAT margins from 0.20% in FY 2022 to 0.81% in FY 2024. BIS hallmark certification ensures quality, reinforcing customer trust in gold purity standards.

Know more about IPO allotment status and check your application details online for the latest updates on share allocation.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Super Iron Foundry IPO Allotment Status

Super Iron Foundry IPO is a fixed-price issue of ₹68.05 crore, comprising 63.01 lakh fresh shares at ₹108 each. The IPO opened on March 11, 2025, and closed on March 13, 2025, with allotment expected on March 17, 2025, and a tentative listing on March 19, 2025, on the BSE SME platform.

Retail investors must apply for at least 1,200 shares (₹1,29,600), while HNIs require a minimum of 2,400 shares (₹2,59,200). Horizon Management handles the IPO, with Link Intime as the registrar and Giriraj Stock Broking as the market maker.

How to Check Super Iron Foundry IPO Allotment Status Online on BSE?

  • Go to the application status page.
  • Select “Equity” under the Issue Type.
  • Choose “Super Iron Foundry” from the Issue Name dropdown.
  • Provide your Application Number or PAN.
  • Click on “I am not a robot” and Submit.

How to Check Super Iron Foundry IPO Allotment Status Online on the Registrar’s Website?

  • Go to the registrar’s official website.
  • Select “Super Iron Foundry” from the company list.
  • Enter your Client ID, Application Number, or PAN.
  • Click on Submit.

Super Iron Foundry IPO Details

Super Iron Foundry IPO is a ₹68.05 crore fixed-price issue with 63.01 lakh fresh shares at ₹108 per share. It opened on March 11, 2025, and closed on March 13, 2025. The allotment is on March 17, 2025, with a tentative listing on March 19, 2025, on the BSE SME platform.

Allocation Quota for Super Iron Foundry

The table below breaks down the Super Iron Foundry share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.

Category of Investors Allocation of shares under IPO
Reservation for Employees [-]
Anchor Allocation [-]
Market Maker Shares Offered 3,15,600 (5.01%)
Other Shares Offered 29,92,800 (47.5%)
Retail Shares Offered 29,92,800 (47.5%)
Total Shares Offered 63,01,201 (100%)

Data Source: BSE-SME

Super Iron Foundry IPO – Overall Subscription Status

Category Subscription (times)
Non Institutional Investors 1.34
Retail Individual Investors(RIIs) 1.79
Market Maker 1.00
Total 1.56

Note: The final subscription details is as of March 13, 2025

Super Iron Foundry Business Overview

Super Iron Foundry Limited, established in 1988, operates in the iron and steel foundry sector, specialising in access covers (removable lids placed over man-made openings) and gully grates (metal covers placed over drainage gullies) for infrastructure projects. Its advanced manufacturing facility in Durgapur, West Bengal, spans 20 acres with a 72,000 MT annual capacity.

The company exports over 95% of its products to Europe and the Middle East, contributing to major projects like the Lusail FIFA Stadium. With international certifications and a strong R&D focus, it delivers high-quality castings for water networks, railways, and agriculture, reinforcing its global reputation in the casting industry.

Know more about IPO allotment status and check your application details online for the latest updates on share allocation.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

What Makes Gold Cheaper in Dubai Than in India?

Gold has long been a symbol of wealth and security, making it one of the most sought-after commodities worldwide. Many gold buyers often compare prices across different countries to get the best deal. One city that consistently attracts gold buyers is Dubai, known for its tax-free gold market and competitive pricing. But why is gold cheaper in Dubai than in India? Let’s explore the key factors that contribute to this price difference.

Tax-Free Gold Purchases in Dubai

One of the biggest reasons gold is more affordable in Dubai is the absence of taxes. Unlike India, where various duties and taxes are imposed on gold purchases, Dubai allows buyers to purchase gold at market rates without additional charges. This makes it a preferred destination for investors and jewellery buyers looking for better deals.

No Import Duty on Gold

Dubai does not impose any import duties on gold, which significantly reduces its overall cost. In contrast, India levies a customs duty on gold imports, which directly impacts retail prices. As of 2024, India has reduced its import duty on gold from 15% to around 6% to curb smuggling and encourage legal imports. However, even with this reduction, gold remains more expensive in India compared to Dubai.

Flourishing Gold Trade Hub

Dubai has established itself as a global gold trading hub, with an efficient supply chain and direct access to international gold markets. The city’s strategic location and business-friendly policies allow it to maintain lower prices than countries like India, where logistics and import restrictions add to the cost.

Comparison of Gold Prices: Dubai vs. India

To understand the price difference, let’s look at the rates as of March 13, 2024. The price of 24K gold in Dubai was AED 354.75 per gram (approximately ₹8,406.66 per gram), while in India, the same gold was priced at ₹8,816 per gram. This significant difference highlights the impact of duties and taxes on gold pricing.

Why Does India Impose Duties on Gold?

India is one of the largest consumers of gold, but excessive gold imports can impact the country’s trade deficit. To manage this, the Indian government imposes duties and restrictions to regulate gold imports and encourage investment in financial gold products like Sovereign Gold Bonds. Additionally, these regulations help tackle gold smuggling, which has been a persistent issue in the country.

Can You Buy Gold in Dubai and Bring It to India?

Yes, Indians can buy gold in Dubai and bring it to India, but there are limits on how much can be imported duty-free. Male passengers can bring up to 20 grams of gold (valued at up to ₹50,000) without paying extra duties, while female passengers can carry up to 40 grams (valued at ₹1,00,000) duty-free. Any amount exceeding these limits attracts additional taxes, making it less economical for bulk purchases.

Conclusion

Dubai’s tax-free gold market, absence of import duties, and intense competition make gold significantly cheaper than in India. While India’s import duties have been reduced, regulatory measures still keep gold prices higher compared to Dubai. For buyers looking to invest in gold, Dubai remains an attractive destination, but those bringing gold into India should be aware of the import limits and duties to avoid extra costs.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

How Much Will I Take Home Monthly If My CTC Is 20 LPA?

Imagine receiving a job offer with a lucrative package of 20 LPA (₹20 lakh per annum). While this sounds exciting, the real question is: how much of this amount will you actually take home every month? Understanding the breakdown of your salary structure is crucial for financial planning. Let’s explore the various components of your salary and calculate your approximate monthly in-hand salary.

Understanding Your Salary Structure

Your CTC (Cost to Company) includes multiple components such as Basic Salary, House Rent Allowance (HRA), Leave Travel Allowance (LTA), Special Allowance, Bonus, Provident Fund (PF) contributions, and Professional Tax. However, not all of this amount is credited to your bank account each month, as deductions like EPF, taxes, and professional tax apply.

How to Calculate Your Take-Home Salary

Follow these simple steps to determine your take-home salary, also known as in-hand or net salary.

Step 1: Determine Gross Salary

Gross Salary = CTC – (EPF + Gratuity)

Step 2: Calculate Taxable Income

Taxable Income = Gross Salary + Other Income – Deductions

To calculate taxable income, deduct allowances (such as HRA, LTA, and conveyance allowance), professional tax, medical expenses, insurance premiums, and tax-saving investments from your gross salary.

Income Calculation

When computing income tax, consider earnings from various sources, including:

  • Salary (paid by the employer)
  • House property (rental income or home loan interest)
  • Capital gains (profit from selling shares or property)
  • Business or professional income
  • Other sources (interest from savings accounts, fixed deposits, or bonds)

Deductions

  • House Rent Allowance (HRA): The exempt HRA amount is the lowest of the HRA received, rent paid minus 10% of basic salary, or 50% of basic salary for metro residents (40% for non-metro residents). This helps reduce taxable income based on rent and location.
  • Standard Deduction:  A flat ₹50,000 deduction is available annually, replacing the earlier transport and medical allowances.
  • Leave Travel Allowance (LTA): Employees can claim LTA for domestic travel twice within a four-year block, provided valid bills are submitted.
  • Other Salary Components: Like medical reimbursements and telephone bill reimbursements, may be exempt from tax.

Final Monthly In-Hand Salary Calculation

Below is a structured salary breakdown based on the estimated calculations.

Component Amount (₹)
Cost to Company (CTC) 20,00,000
Bonus Included in CTC 2,00,000
Monthly Deductions Professional Tax: 200

Employer PF: 3,750

Employee PF: 9,000
Total Monthly Deductions 12,950
Total Annual Deductions 1,55,400
Net Take-Home Monthly 1,37,050
Net Take-Home Annual 16,44,600

Note: This is a general CTC breakdown. Actual take-home pay may vary based on company policies, individual circumstances, and deductions like insurance and income tax. Your final salary will also depend on whether you opt for the new tax regime (lower tax rates with fewer exemptions) or the old tax regime (higher tax rates with deductions and exemptions).

Conclusion

While a 20 LPA CTC sounds impressive, after deductions, the actual in-hand salary is approximately ₹1,37,050 per month. However, individual circumstances and company-specific policies can significantly impact the final take-home pay. It is always best to consult with a financial advisor and carefully review the offer letter to get a precise understanding of your salary structure and deductions.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Why Printing Unlimited Money Isn’t an Option for RBI?

Imagine waking up one day to find that everyone has been given unlimited money. At first, it seems like a dream come true—everyone can afford luxury cars, lavish homes, and expensive gadgets. But within days, prices skyrocket, shelves empty out, and businesses collapse. The dream turns into chaos.

This is precisely why the Reserve Bank of India (RBI) cannot simply print unlimited currency to solve economic problems. While printing money might seem like an easy way to boost the economy, it leads to inflation, disrupts supply-demand balance, and can even result in economic collapse. Let’s explore why unlimited money printing isn’t a viable option for India.

Why Printing Money Backfires

A common misconception is that increasing the money supply will automatically make a nation richer. However, money itself has no inherent value—it is merely a medium of exchange. The true measure of wealth lies in the goods and services an economy produces.

To understand this, consider a simple example: You go to a store to buy a pen for ₹20. But there are only two pens available, and five customers want them. The shopkeeper raises the price to ₹25. Now imagine that the government prints more money and gives everyone extra cash. All five customers can now afford the pen, but the shopkeeper, seeing the surge in demand, raises the price to ₹50. This cycle continues, making everyday essentials unaffordable for the majority.

The Economic Fallout of Printing Money

  • Uncontrollable Inflation

When more money chases the same number of goods and services, prices rise sharply. This leads to inflation, reducing the purchasing power of money. Countries like Zimbabwe and Venezuela have experienced this, where their economies collapsed due to excessive money printing.

  • Reduced Incentive to Work

If people receive free money without working for it, the willingness to work diminishes. If fewer people contribute to production, the availability of goods and services declines, worsening economic conditions. This disrupts the law of demand and supply, further accelerating inflation.

  • Disrupting Demand and Supply

Even if production remains steady, excessive money supply leads to increased demand. When demand outpaces supply, prices soar. This creates an imbalance where consumers can afford products, but businesses struggle to meet the demand.

  • Devaluation of Currency

If a country prints excessive money, its currency loses value. This means imports become more expensive, worsening trade deficits. Foreign investors lose confidence, leading to economic isolation.

The RBI’s Approach to Managing Money Supply

The Reserve Bank of India follows strict monetary policies to regulate money circulation. Several factors influence currency printing:

  • Inflation control: The RBI maintains inflation at an optimal level to ensure economic stability. Excessive money supply leads to inflation, while too little can slow down economic growth.
  • Gross Domestic Product (GDP) consideration: Currency printing is proportional to GDP growth. Printing beyond the economy’s capacity results in economic imbalance.
  • Minimum Reserve System: The RBI follows the Minimum Reserve System (MRS), requiring it to maintain a reserve of at least ₹200 crore, including ₹115 crore in gold. This ensures controlled money supply.
  • Replacing soiled or mutilated notes: Printing is done to replace old or damaged currency notes rather than increasing money supply arbitrarily. This helps maintain a stable currency system.

Conclusion

The RBI ensures that the money supply remains balanced to sustain economic growth without triggering inflation. The real key to prosperity lies not in printing money but in boosting productivity, strengthening industries, and ensuring financial stability. So, the next time you wonder why the RBI can’t print its way to wealth, remember—true economic growth is built on real value, not just stacks of printed currency.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Found a Reliance Industries Share Certificate? Here’s What You Can Do Next!

Finding an old share certificate at home can be an exciting yet confusing experience. If you have stumbled upon a Reliance Industries share certificate from 1992, you might be wondering whether it still holds value and how to claim it. With the company’s history of stock splits and bonus issues, those few shares could now be worth a significant sum.

However, before celebrating, it is crucial to check whether the shares are still active or have been transferred to the Investor Education and Protection Fund (IEPF). Here’s a step-by-step guide to help you navigate the process.

Understanding the Value of Your Shares

Reliance Industries has undergone multiple corporate actions over the years, increasing the number of shares issued to shareholders:

  • 1997: A 1:1 bonus issue doubled the number of shares.
  • 2009: Another 1:1 bonus issue doubled the shares again.
  • 2017: A stock split of 10:1 converted each ₹10 share into ten ₹1 shares.

If your certificate originally represented 10 shares of ₹10 each, these adjustments mean you would now own 400 shares. Given that as of 12 March 2025, Reliance Industries’ share price stands at ₹1,257.05, the current value of these shares would be approximately ₹5.02 lakh.

Have Your Shares Been Transferred to IEPF?

The Investor Education and Protection Fund (IEPF) aims to enhance investor awareness and safeguard their interests. According to regulations, if shares remain inactive for more than 7 years without dividend claims, they may be transferred to the Investor Education and Protection Fund (IEPF). To find out whether your shares are still with Reliance Industries or have been moved to IEPF, follow these steps:

  1. Check with Reliance Industries: Visit the company’s website or contact their Registrar and Transfer Agent (RTA), KFin Technologies Limited.
  2. Provide details:  Share the certificate number, shareholder name, and other relevant details to verify ownership status.

Steps to Claim Your Shares

If your shares are still held by Reliance Industries, you will need to convert them into Demat form by opening a Demat account with a registered depository participant. If they have been transferred to IEPF, follow these steps to reclaim them:

Step 1: Gather Required Documents

  • Original share certificate
  • PAN card and Aadhaar card
  • Address proof
  • Bank details (cancelled cheque)
  • Demat account details (if available)

If claiming as a legal heir or nominee, additional documents such as a succession certificate, will, or probate will be required.

Step 2: File Form IEPF-5

Visit the Ministry of Corporate Affairs (MCA) portal and submit Form IEPF-5 online, attaching all required documents. After submission, take a printout of the form and attach copies of the necessary paperwork.

Step 3: Submit Documents to Reliance Industries

Send the printed Form IEPF-5 along with supporting documents to Reliance Industries’ IEPF Nodal Officer or KFin Technologies Limited for verification.

Step 4: Approval Process

Reliance will verify the claim and forward it to IEPF authorities. If approved, the shares will either be transferred to your Demat account or reissued in physical form, depending on the request.

Important Considerations

  • If claiming as a legal heir, you must complete the transmission process with Reliance Industries before filing a claim with IEPF.
  • The processing time may vary, often taking a few weeks to months, depending on the documentation and verification process.
  • If documents are missing or the case is complex, seeking help from a professional service specialising in share recovery may simplify the process.

Need Assistance? Contact the Right Authorities

For help, you can contact Reliance’s RTA: KFin Technologies Limited via:

Conclusion

If you have discovered an old Reliance Industries share certificate, it is worth investigating its status. With the company’s history of stock splits and bonus issues, what once seemed like a small investment could now be a valuable asset. Whether your shares are still with Reliance or have been transferred to IEPF, following the correct steps can help you reclaim your investment and ensure its rightful ownership. Taking action today could unlock significant financial value!

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

₹10,000 SIP for 30 Years or ₹15,000 SIP for 20 Years: Which Builds More Wealth?

Investing consistently is one of the most effective strategies for wealth creation. While investing a higher amount each month may seem like the best way to build wealth, the duration of investment plays a crucial role in determining the final corpus. This brings us to an important question: which strategy generates more wealth—a ₹10,000 monthly SIP for 30 years or a ₹15,000 monthly SIP for 20 years?

The answer lies in the power of compounding. The longer money remains invested, the greater the compounding effect, where returns generate further earnings over time.

Read More About What is SIP Investment?

Understanding Compound Growth

Compounding allows investments to grow exponentially as returns accumulate not only on the principal amount but also on previous gains. For instance, if ₹1 lakh is invested in a mutual fund with an annual return of 12%, it will generate ₹12,000 in the first year. In the second year, returns will be calculated on ₹1,12,000 instead of just ₹1 lakh, and this cycle continues. Over time, this leads to accelerated growth, making time a crucial factor in wealth accumulation.

Corpus from a ₹10,000 Monthly SIP for 30 Years

  • Total Investment: ₹36,00,000
  • Estimated Capital Gains: ₹3,16,99,138
  • Estimated Corpus: ₹3,52,99,138

By investing ₹10,000 per month for 30 years at an estimated return of 12%, the extended time frame enables the investment to compound significantly, leading to a corpus of ₹3.52 crore.

Corpus from a ₹15,000 Monthly SIP for 20 Years

  • Total Investment: ₹36,00,000
  • Estimated Capital Gains: ₹1,13,87,219
  • Estimated Corpus: ₹1,49,87,219

Despite investing a total of ₹36,00,000, the shorter tenure limits the compounding effect at an estimated return of 12%, resulting in capital gains of ₹1,13,87,219 and a total corpus of ₹1,49,87,219.

Why a Smaller SIP Over a Longer Tenure Wins

This comparison highlights that a smaller SIP invested for a longer duration can generate greater wealth than a larger SIP over a shorter period. The reasons include:

  • Stronger compounding effect: A longer investment horizon allows compounding to amplify wealth creation.
  • More manageable investment: A ₹10,000 monthly SIP is more feasible than ₹15,000, making it easier to sustain over time.
  • Better market risk management: A longer tenure helps smooth out market volatility, ensuring more stable returns.

Conclusion

Time is a powerful ally when it comes to investing. As shown by the SIP calculator, a ₹10,000 monthly SIP for 30 years outperforms a ₹15,000 SIP for 20 years due to the enhanced power of compounding. For long-term wealth creation, starting early and staying invested for an extended period can prove to be the winning strategy.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.

What Are the Products of Adani Wilmar?

Adani Wilmar Limited (AWL) is one of India’s leading food FMCG companies, with a diverse portfolio spanning edible oils, packaged foods, and industry essentials. The company, a joint venture between the Adani Group and Singapore-based Wilmar International, has established a strong presence in the Indian market. AWL’s product range is anchored by its flagship brand, Fortune, and includes various other brands catering to different consumer needs.

Edible Oils and Specialty Fats

Edible oils form the core of Adani Wilmar’s product offerings. The company provides a wide array of cooking oils under multiple brands, ensuring options for different regional preferences and health-conscious consumers.

Products

  • Cooking Oils: Soyabean, sunflower, mustard, rice bran, groundnut, cottonseed, blended oils, and vanaspati.
  • Specialty Fats: Industrial margarine, bakery shortening, cocoa butter substitutes, and frying oils.
  • Lauric Fats: Used as milk fat substitutes for ice cream and confectionery products.
  • Famous Brands: Fortune, Raag Gold, Wilkrim 2000, Fryolya, Bullet, Trophy Royale, Avsar, Jubilee, King’s and Aadhar.

These oils are widely used in households, food services, and industrial applications, making Adani Wilmar a dominant player in the segment.

Packaged Foods and FMCG Products

AWL has expanded into the packaged foods sector, leveraging its robust distribution network to penetrate urban and rural markets alike. The company has witnessed strong growth in this category, with several products experiencing double-digit expansion.

Products

  • Staples: Wheat flour, rice, besan, pulses, and sugar.
  • Ready-to-Cook Foods: Poha, khichdi, biryani kits, and chana sattu.
  • Soy Products: Soya chunks and soya value-added products.
  • Famous Brands: Fortune, Kohinoor, Charminar, Golden Chef and King’s.

In recent years, the company has introduced ready-to-cook khichdi in multiple regional flavours, offering convenience to Indian consumers. The introduction of soya chunks has also been a significant move, catering to the growing demand for plant-based protein alternatives.

Expansion and Market Position

With its vast distribution network covering over 2.1 million outlets, AWL continues to expand its reach in both urban and rural markets. While the edible oil segment still accounts for nearly 80% of the company’s revenue, the FMCG and food segment is steadily growing, now contributing around 9% of the total revenue.

E-commerce and quick commerce platforms have also played a crucial role in AWL’s growth, with a 41% year-on-year increase in online sales. The company’s ability to leverage its established edible oil business to boost its FMCG segment is a testament to its strategic market positioning.

Conclusion

Adani Wilmar has successfully diversified its product range, moving beyond edible oils to establish a strong presence in the FMCG and industry essentials segments. With an expanding portfolio that includes cooking oils, packaged foods, ready-to-cook meals, and oleochemicals, AWL is well-positioned for sustained growth in the Indian market. As the company continues to innovate and introduce new products, it remains a significant player in the country’s food and FMCG landscape.

 

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