Bharat Nidhi Limited

Bharat Nidhi Limited (Bharat Bank) Unlisted Shares – All You Need To Know

Bharat Nidhi Limited (BNL) is a reputed distributor of newspapers and magazines throughout India. The company also engages in investment and financing operations, further establishing its position as an influential player in the financial and media distribution business. BNL was founded in 1942 and grew organically through expansion in new markets. Headquartered in New Delhi, India, it is a trusted name in media distribution.

Part of the Times of India NetworkAssociation with The Times Group (BCCL)

There is an exclusive contract between Bharat Nidhi Limited and Bennett Coleman and Company Limited (BCCL), widely known as The Times Group, one of the biggest and most important media empires in India. Following this memorandum BNL will be responsible for the distribution of newspapers and periodicals published by The Times Group in specific territories of India.

Key Components of the Distribution Agreement:

• Delivery Terms: Newspapers and periodicals will be delivered to Bharat Nidhi Limited premises by BCCL at its own cost, in accordance with the requirements communicated by BNL.

• Daily Supply Statements: BCCL shall supply BNL with a daily statement of supplies provided to BNL, which BNL is required to return, signed with a remittance of the cost of purchases.

• Payment Schedule:

• Daily wave: Must be remitted on the date of issue. On Sundays or public holidays, the payment is settled on the following working day.
• For Weekly & Fortnightly publications deliverables — Payment is to be done within three days of delivery.
• Monthly, Annual & Other publications: Payment is to be made within seven days of delivery.

Bharat Nidhi Limited is engaged in investment activity.

In addition to distributing media, Bharat Nidhi Limited has involved itself in investment and financial services. The increase was a result of the firm being registered as a Non-Banking Financial Company (NBFC) with the Reserve Bank of India (RBI), which allowed the company to carry out multiple kinds of fiscal activities.

However, Bharat Nidhi Limited voluntarily filed for surrender of its CoR as NBFC on 29 October 2014. In FY 2017-18 the RBI had asked the company to bring down its financial assets below 50% of its total assets for the cancellation of the NBFC registration to go through. Bharat Nidhi Limited has been evaluating its financial portfolio and has taken necessary actions in accordance with RBI orders.

Reasons to Invest in Unlisted Shares of Bharat Nidhi Limited

BNL, in which The Times Group has been associated for years and is financially strong, has been the most talked-about unlisted shares in the market. Here’s how a better investment in the unlisted stock for Bharat Nidhi Limited.

Stable Business Model: Longprint from media distribution and investments

Affiliation: Part of The Times Group, ensuring continuity and credit.

Upside: NBFC-To-Tech Transition

Value Proposition: Long-term investors may be attracted to BNL’s unlisted shares for capital appreciation over the long term.

Conclusion

Bharat Nidhi Limited is a significant newspaper and magazine distributor in India. Given that it lies under The Times Group and since it enjoys a solid financial base, it is a name which cannot be ignored in the unlisted share market. However, the company’s core business model is intact despite exiting from NBFC space, making it a possible bet for investors. Bharat Nidhi Limited can thus be a great opportunity for those looking to diversify their investment portfolios with the increase in unlisted share interest.