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| Name of Company | Indiabulls Securities |
| BSE Code | 532960 |
| NSE Code | IBSEC |
| ICICI Code | |
| Established | 2000 |
| My Take | So-So |
| Headquarters | Delhi |
| Promoters | Indiabulls (Sameer Gehlaut, Rajiv Rattan and Saurabh Kumar Mittal – friends at IIT Delhi) |
| Story | Young entrepreneur Sameer Gehlaut established Indiabulls in 2000, after acquiring Inorbit Securities, a stock brokerage company in Delhi. The group started its operations from a small office near Hauz Khas bus terminal in Delhi.The office had a tin roof and two computers. Sameer Gehlaut completed his Mechanical Engineering from IIT Delhi in 1995 .He worked for Halliburton in the United States. He came back to India to start an earth moving and mining business ,which is presently run by his family. In 2000 Sameer Gehlaut was only 26 when he started Indiabulls with the help of Saurabh Mittal and Rajiv Rattan.Mittal and Rattan were his friends at IIT Delhi. |
| Sector | NBFC |
| Sub-sector | Securities trading |
| Website | |
| Positives | At current price, it is near its 52 week low. Dividend yield at current price is 2/25.24*100 = 7.9%. Dividends have been regular for the last 3 years. Some institutional holding as well. |
| Negatives | Reserves, Turnovers and profits have been unpredictable. NPM's have been 40%, negative and 20%. Promoters hold less than 30% (but none are pledged). 300 Cr of debt during FY10. |
| Peers | |
| News | |
| Price @ blogged | 25.40 (26-Aug-10) |
| Cost of company | 584 Cr for a 61 Cr profit costs less than 10 times. |
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