Top 10 NIFTY Companies

1. Bharat Petroleum Corporation Limited (BPCL)

Introduction- The Bharat Petroleum Corporation Limited i.e BPCL is

an indian central public sector undertaking under the ownership of
ministry of petroleum and natural gas, government of india.

It's the second largest government-owned downstream oil producer,

whose operations are overseen by the ministry of petroleum and natural
gas. It has its headquarters in Mumbai, Maharashtra. It deals in
petroleum, natural gas, LNG, lubricants, petrochemicals.

Capital structure- The status of the company is active and it has filed
its annual returns and financial statements up until 31st march, 2022.
Its a company limited by shares with:

Authorised capital- Rs 11,935.00 cr

Paid up capital- Rs 2,129.46 cr

The corporation currently has active open charges totalling Rs 10,256.80

cr.
Investor’s viewpoint- The stocks of BPCL has been a popular
investment option for many investors due to its consistent performance
and growth potential. For the year ending March, 2023 they have
declared an equity dividend of 40% i.e Rs 4 per share.

2. HCL Technologies Ltd

Introduction- HCLTech is a global technology company, home to

225,900+ people across 60 countries, delivering industry-leading
capabilities centred around digital, engineering and cloud powered by a
broad portfolio of technology services and products.
Its main objective is to provide innovative, professional, and
personalised services to clients, associates and employees.

Capital structure- The HCL Technologies Ltd. is a large capital

company operating in IT software sector having:

Authorised capital- Rs 603.40 cr

Paid up capital- Rs 542.73 cr

The corporation currently has a sum of charges of Rs 232.74 cr.

Investor’s viewpoint- The share price of any stocks is volatile and

keeps changing throughout the day owing to different factors. HCL
Technologies share price is Rs 1,109.75 as of 12th june, 2023.

3. Infosys Ltd
Introduction- Infosys limited is an Indian multinational information
technology company that provides business consulting, information
technology and outsourcing services. The company was founded in
Pune and is headquartered in Bangalore. It is a global leader in next-
generation digital services and consulting.

Capital Structure- It does not have any debt so it does not have to
pay any fixed interest.
It has little financial risk as the capital structure does not rely on leverage
but it isn't able to reap the tax shield benefits.

Authorised capital- Rs 2,400.00 cr

Paid-up capital- Rs 2,104.04 cr
As per the Ministry of Corporate Affairs (MCA) records.

Investor’s viewpoint- The share price of any stocks is volatile and

keeps changing throughout the day owing to different factors. Its share
price is Rs 1,265.95 as of 12th june, 2023.

4. NPTC Ltd
Introduction- It was established in 1975, NTPC (National Thermal
Power Corporation) aims to be the world's largest and best power major.
It has comprehensive Rehabilitation and Resettlement and CSR policies
well integrated with its core business of setting up power projects and
generating electricity.

Capital structure- NTPC Ltd is a large capital company operating in

the power sector. It does not use a high amount of debt to equity ratio of
1.53. Its ROI is quite low, even with the use of significant debt which isn’t
a very good result.

Authorised share capital- Rs 16,600.67 cr

Paid up share capital- Rs 9,696.67 cr

Its operating revenue range is over Rs 500 cr for the financial year
ending on 31 march, 2022.

Investor’s viewpoint- The current share price is Rs 185.70. NTPC

is good value based on its price-to-earnings ratio (10.5x) compared to
the estimated fair-price-to-earnings ratio (15x).
Many investors prefer to focus on companies like NTPC which have not
only revenues, but also profits.

5. Adani Enterprises Ltd.

Introduction- Its an Indian multinational publicly-listed holding

company and a part of Adani group. It is headquartered in Ahmedabad
and primarily involved in mining and trading of coal and iron ore.
Capital structure- It is a large capital company having a market
capital of Rs 279,431.37 cr operating in diversified sector.

Investor’s viewpoint- The stock price target for adani enterprises

limited adanient are 2458.7 on downside and 2531.1 on upside.
For the year ending March, 2023 it has declared an equity dividend of
120.00% amounting to Rs 1.2 per share. At the current share price of Rs
2484.80.

6. TATA Consultancy Services

Introduction- It is one of the largest multinational IT service and

consulting companies. It is headquartered in Mumbai, India but has
offices globally. TCS is well-known in the e-governance, banking and
financial services, telecommunications, education, and healthcare
markets.

Capital Structure- The company’s status is active, and has filed its
annual returns and financial returns up until 31st March 2022. Its a
company limited by shares with:

Authorised share capital- Rs 565.08 crore

Paid-up-capital- Rs 365.91 cr

Investor’s viewpoint- TATA Consultancy Services is trading -

0.15% lower at Rs 3243.80 as compared to its last closing price.

7. Hero MotoCorp Ltd

Introduction- Also known as ‘Hero Honda’ its an Indian
multinational motorcycle and scooter manufacturer headquartered in
New Delhi. It is the world's largest two-wheeler manufacturer and has a
market share of about 46% in the Indian two-wheeler industry.

Capital structure- The company’s status is active and it has filed

its annual returns and financial statements up until 31 march, 2022. Its a
company limited by shares with:

Authorised share capital- Rs 58 cr

Paid-up-capital- Rs 39.97 cr

Investor’s viewpoint- For the year ending march 2023 it has

declared an equity dividend of 5000.00% amounting to Rs 100 per
share. At the current share price of Rs 2892.65 this results in a dividend
yield of 3.46%.

8. Tech Mahindra Ltd

Introduction- It enjoys a leadership position in farm equipment,
utility vehicles, IT and financial services. It's the world’s largest tractor
company by volume. It has a strong presence in renewable energy,
agriculture, logistics, hospitality and real estate.

Capital structure- Incorporated in the year 1986, it is a large

capital company having:

Authorised share capital- Rs 833.65 cr

Paid-up capital- Rs 486. 89 cr

Investor’s viewpoint- As on today, the share price on NSE is Rs

1079.4. The share price was up by 0.43% from the previous closing
price.

9. Adani ports and special economic zone limited

Introduction- Its an indian port operator and logistics company.

APSEZ is India's largest private port operator with a network of 12 ports
and terminals, including India’s first port-based SEZ at Mundra.

Capital structure- Incorporated in the year 1998, its a large capital

company having a market capital of Rs 157,009.70 cr operating in
shipping sector.
Investor’s viewpoint- The intrinsic value of one adani sports
stock under the base case scenario is Rs 632.74. Compared to the
current market price of Rs 741.1, it is overvalued by 15%.

10. Grasim industries ltd.

Introduction- It is a leading global producer of viscose, diversified

chemicals, line yarn and fabrics produced in India. The company has
recently entered the paints business and set up six plants across pan
India locations.

Capital structure- Company is a virtually debt free company. It

has a healthy interest coverage ratio of 12.65.
It is a large capital company having a market capital of Rs 114,000.94 cr
operating in diversified sector.
Grasim ltd is likely to rise somewhat in the short term.

Investor’s viewpoint- For the year ending march 2023 it has

declared an equity dividend of 500.00% amounting to Rs 10 per share.

Top 10 sensex companies

1. NESTLE INDIA LIMITED

INTRODUCTION-It is a indian subsidiary of nestle which is a swiss
multinational company.The company headquartered in gurgaon, haryana
. The company products include food, chocolate , beverages and
confectioneries .

The company was incorporated on 28 march 1959 and was prompted by

nestle S.A via subsidiary nestle holdings ltd.as of parent company
NESTLE owns 62.76% of nestle india . The company has 9 production
facilities in various locations across India .

AUTHORISED CAPITAL- INR 100 CR

PAID-UP CAPITAL- INR 96.42 CR

The company has generated total revenue of rupees 15,050(USS$1.9

billion)
TOTAL REVENUE- rupees 30141.11 cr(US$380 million)
NET INCOME-rupees 2137.32 cr(US$270 million)
TOTAL ASSETS-rupees 7058.20 cr(US$880 MILLION)
TOTAL EQUITY- rupees 193.26 cr (US$240 million)

2. MARUTI SUZUKI INDIA LTD .

INTRODUCTION- maruti suzuki formally known as maruti udyog ltd is

the indian subsidiary of japanese automarket suzuki motor
Corporation. As of September 2022, the company has a leading market
share of 42% in the Indian passenger car market . The company is
known for marketing highly reliable low maintenance cars for the Indian
market.

The company was incorporated as a joint venture between the

government of india and suzuki motor limited .Presentle suzuki motors
owns 56.2%the company stocks are traded as NSE and BSE (Bombay
stock exchange).

AUTHORISED CAPITAL-18755000000.00
PAID -UP CAPITAL-1510400300.00

The company has earned the total revenue of rupees

119,712cr(USS$15 billion )
NET INCOME -rupees 10,323.10 cr (USS$1.0billion
TOTAL ASSETS-rupees 84,596.90(USS$11billion)
TOTAL EQUITY-rupees 61,791.30 cr(USS$7.7 billion )

3. ULTRATECH CEMENT LTD.

INTRODUCTION- is an indian cement company based in mumbai . It is

the largest manufacturer of grey cement , ready mix concrete and white
cement in India with an installed capacity of 116.75 million tonnes per
annum .
Ultra tech cement ltd is the cement flagship of the Aditya Birla group . A
USD 7.1 billion building solutions powerhouses , ultra tech is the largest
manufacturer of grey cement , ready mixtures and white concrete
cement in India . it is the third largest cement producer in the world
excluding china

AUTHORISED CAPITAL-1,800.00 cr
PAID - UP CAPITAL-1,288.68cr

The company has generated the total revenue of rupees 63,743.10 cr

(USS$8.0 billion)
NET INCOME - rupees 5,064 cr (USS$630 million)
TOTAL ASSETS -rupees 931.837 cr(USS$12 billion)
TOTAL EQUITY-rupees 54,384.20 cr ( USS$6.8 billion)

4. BAJAJ FINANCE LTD.

INTRODUCTION- it is a subsidiary of BAJAJ FINSERV , is indian non

banking financial company headquartered in pune .originally
incorporated as a Bajaj auto finance limited on march 25 ,1987 , as a
non banking financial company , focused on providing two , three
wheeler finance .
After 11 years in auto finance market ,bajaj auto finance ltd launched its
initial public issue of equity share and was listed on the bombay stock
exchange (BSE0 and national stock exchange (NSE)

AUTHORISED CAPITAL- rupees 150.00 cr

PAID - UP CAPITAL- rupees 121.09 cr

The company has generated total revenue of rupees 63,743.90

(USS$8.0 billion)
NET INCOME - rupees 5,064 cr (USS $630 million)
TOTAL ASSETS-rupees 138,003.577 (USS$17 billion )
EQUITY- bajaj finance ltd (57.49%)

5. TATA CONSULTANCY SERVICE

INTRODUCTION- tata consultancy service is an indian multinational

information technology services and consulting company with its
headquarters in mumbai , maharashtra. It is a part of tata group and
operates in 150 locations across 46 countries . In July 2022 it was
reported that tcs has over 600000 employees world wide .

TCS is the second largest Indian company by market capitalization and

is among the most valuable IT service brands worldwide .TCS is the
largest Indian company among the most valuable IT brands worldwide .
AUTHORISED CAPITAL- rupees 460 cr
PAID -UP CAPITAL- rupees 365.91 cr

The company has generated the total revenue of rupees 228,907 cr

(USS$29 billion)

NET INCOME - rupes 42,147 cr (USS$5.3 billion)

TOTAL ASSETS- rupees 143,651 cr (USS$ 18 billion)
TOTAL EQUITY- rupees 91,206 cr (USS$ 11 billion )

6. ASIAN PAINTS LTD.

INTRODUCTION- it is an Indian multinational company , headquartered

in Mumbai , Maharashtra , India . The company is engaged in the
business of manufacturing, selling and disturbing of paints , coatings ,
products related to home decor , bath fittings and providing of goods .

Asian paints is the India largest paints company by market share . It is

the holding company of burger international . The company's
manufacturing operations encompass 15 countries of the world
including India .
The company has generated total revenue of rupees 34,875 cr (USS4 4
billion)

NET INCOME - rupees 4,101 cr (USS$10 million)

TOTAL ASSETS- rupees 25,798 cr (USS$ 2 billion )
TOTAL EQUITY- rupees 15,992 cr (USS$2.0 billion )

7. TITAN COMPANY LTD.

INTRODUCTION- it is an Indian company that mainly manufactures

fashion accessories such as jewellery , watches and eyewear . part of
the tata group and started a joint venture with the TIDCO the company
has its corporate headquarters in electronic city bangalore and
registered office i tamil nadu.

Titan company committed operations 1984 under the name Titan

watches ltd in 1984 . Titan diversified into jewellery with tanisha and
subsequently into eyewear with titan eyeplus .
The company has generated total revenue of rupees 40,883 cr(USS$1
billion )

NET INCOME - rupees 3,247 cr (USS$410 billion )

TOTAL ASSETS - rupees 27,023 cr (USS$4 billion )
TOTAL EQUITY- rupees 11,904 cr (USS$ 5 BILLION )

8. HINDUSTAN UNILEVER LTD.

INTRODUCTION- it is a british owned indian consumer goods company

headquartered in mumbai . It is a subsidiary of the British company
Unilever .Its products include food , beverages , cleaning agents ,
personal care products and FMCG.

HUL was established in 1931 as Hindustan vanaspati manufacturing co.

Following a merger of constituent groups in 1956 it was renamed
hindustan lever ltd .the company was renamed again in june 2007 as
hindustan unilever ltd.

The company has generated the total revenue of rupees 61,902 cr

(USS4$7.7 billion )

NET INCOME - rupees 10,143 cr (USS$ 1.3 billion )

TOTAL ASSETS- rupees 73,087 cr (USS $9.2 billion )
TOTAL EQUITY- rupees 50,522 cr (USS $ 6.3 billion)

9. RELIANCE INDUSTRIES LTD.

INTRODUCTION- it is an Indian multinational conglomerate ,

headquartered in Mumbai . Its business includes energy , petrocom ,
natural gas , retail, telecommunications , mass media and textiles .
Reliance is the largest public company in India by market capitalization
and revenue .

Reliance is the largest public company in India by the largest market

capitalization and revenue and the 100 largest company worldwide . It is
the largest private taxpayer and largest importer , accounting for 7
largest of the total merchandise exports .

The company has generated the total revenue of rupees 976,524 cr

(USS$ 120 million )

NET INCOME -rupees 74,131 cr (USS$ 9.3 billion )

TOTAL ASSETS - rupees 1,713,506 CR (USS$ 10 billion )
TOTAL EQUITY- rupees 821,153 cr (USS$ 100 billion )
 10. KOTAK MAHINDRA BANK LTD.

INTRODUCTION- it is an Indian banking and financial service company

headquartered in mumbai. It offers banking products and financial
services for corporate and retail customers in areas of personal finance ,
investment banking ,life insurance and wealth management .

It is India's 3 largest private sector banks by market capitalization after

HDFC bank and ICICI bank . as of now the bank has 1752 and 2814
atm.

The company has generated total revenue of rupees 67,981.02 cr

(USS$ 5 billion )

NET INCOME- rupees 14,925 .01 cr (USS$ 1.9 billion )

NET ASSETS- rupees 620,429.73 cr(USS$ 78 billion )
TOTAL EQUITY- rupees 112,314.40 cr (USS$ 14 billion )

Incorporation of a company!
Overview of Incorporation
The incorporation of a corporation refers to the legal method that's
accustomed to typing a company entity or a corporation. Associate in the
nursing incorporated company could be a separate legal entity on its
own, recognized by the law. These firms will be known with terms like
‘Inc’ or ‘Limited’ in their names. It becomes a company legal entity to
fully break away from its homeowners.

SPICEe+ From- Keeping in view the ease of doing business, new form
SPICe+ is notified for the incorporation of a company and incidental
registrations. The form SPICe+ replaces the existing SPICe form. All the
new company incorporations have to be done by the online filing of
SPICe+ form. The other forms that need to be filed along with SPICe+
are AGILE-PRO, SPICe+AoA and SPICe+MoA.

SPICe+ stands for Simplified Proforma for Incorporating Company

electronically Plus. SPICe+ aims to offer about 10 services by three
Central Government Ministries and Departments (Ministry of Corporate
Affairs, Ministry of Labour and the Department of Revenue in the
Ministry of Finance) and one State Government (Maharashtra). The form
is an integrated web form with a single-window for multiple services.

Difference between SPICe+ and SPICe form:

The newly introduced SPICe+ form is very similar to the already existing
SPICe forms. The SPICe+ forms provide some extra services apart from
the SPICe form. The significant difference is: SPICe is an eform and
SPICe + is a web integrated form. SPICe+ forms save time and cost for
starting a business in India.
SPICe form would certainly be a relief for Professionals seeking their
company registration with a unique name. The chances of rejection are
almost zero, and the company registration procedure can be completed
within 3-4 hrs of filing the SPICe form.
The MCA effective from 15th February 2020 has come up with a web
integrated form SPICe+ which is an advanced version of the SPICe
form.
Steps to be followed to incorporate a company electronically:

Step 1: Reservation of Company’s Name Under RUN or Spice

The first and foremost step in the company registration process is

reserving the name of the company.
There are two ways to go for it: RUN and Spice. RUN or Reserve Unique
Name is a web form in the website of the Ministry of Corporate Affairs,
wherein applicants can check if their new business name is available or
not and then apply for a desirable name for the company.
The applicants must provide two names in preferential order and must
follow all the norms of the ^naming convention.
Once MCA approves a company name, it’s reserved for 20 days within
which the applicant must complete all the remaining steps required for
company registration. You can visit the RUN web service by the Ministry
of Corporate Affairs here.
MCA checks three important factors while approving the company name:
The name should be unique, and no other company (public or private)
should be using that name.
The name shouldn’t be offensive.
The name shouldn’t give an impression that it’s linked with the Govt.
Filling the Spice-32 form is another way to finalise the name, but you can
give only one option and if it’s rejected, you will need to redo all
documentation again.
The applicant must also select the names of the Directors of the
company. For a private limited company, at least two names of the
Directors need to be provided.

Step 2: Procuring Digital Signature Certificate

Once the company name has been approved by MCA and registered,
the next step is procuring a Digital Signature Certificate for your private
limited company.
Digital Signature Certificate is a form of a digital key, which holds all the
vital information about the registered signatory like name, address,
email, phone number, and the authority which has provided the
certificate.
Digital Signature for a registered company enables the authorized
signatory to prove its identity and sign documents electronically. For e-
Filing, Digital Signature Certificate is a mandatory requirement.
For obtaining a Digital Signature Certificate, the applicant needs to
contact any one of the authorised agencies approved by Govt for the
same:

Step 3: Applying for Director Identification Number or DIN

Director Identification Number or DIN is the unique identification number

for Directors of a registered company. Only once DIN is approved, the
corporation documents can be filed under Registrar Form No.-DIR-3.
Note here, that the name approval process for the company can be filed
before applying for DIN, and there is a fee of Rs 500 for this process,
and it takes seven days for DIN to be activated and approved.

Step 4: Writing Memorandum of Association (MoA)

Under Section-4(6) of The Companies Act, 2013, Memorandum of

Association or MoA must be in a respective form prescribed in Table A,
B, C, D and E of Schedule-I.
MoA is like the Constitution of the Company: It will highlight all the
fundamental information about the company, its stakeholders, directors,
and their relationship with the company. The objective of the company,
liabilities associated, the state in which the company is operating, and
more information are presented in this document.

Step 5: Writing Articles of Association (AoA)

Articles of Association or AoA is the document that enlists the purpose of
the company, how its business will operate, how its Directors have been
appointed, and more.
Step 6: Application for the Incorporation of Company
Once all these documents are ready and completed, the applicant may
file for the incorporation of the company, and under Section 7 of the
Companies Act 2013, the application needs to be filed with the registrar
under whose jurisdiction the company’s address is located.
The application for company registration can be made via e-Form SPICe
accompanied by SPICe MOA and AOA.
Once the due procedures are completed, the Registrar of Companies
grants a Certificate of Incorporation, which is evidence of the company’s
existence.
The certificate of incorporation of a private limited company has this 3
critical information:
Company Identification Number
PAN
Director Identification Number
The list of documents required for the incorporation of the company
includes an Aadhaar card, PAN Card, address proof, digital signature
certificate attested by the applicants.