Welcome to EnterprisingValue
EnterprisingValue is a value investing platform for investors interested in special situations & low-risk arbitrage Opportunities in India. According to the value investing principles, investing in small sized companies and obscure securities is the best way to outperform and generate investment returns as a small investor. Many of these securities are generally neglected due to their smaller size and are thus mis-priced. Special situations investing includes spinoffs, restructuring, mergers, bankruptcy, liquidations, rights offering, buybacks/tender offers, going private transactions, etc. Because these securities tend to have opaque or misunderstood financials and have forced selling due to institutional constraints, they tend to be mis-priced as well and excellent targets for low-risk arbitrage investment opportunities.
A sub-set of special situation investing involves securities undergoing corporate events that include buybacks (open market buybacks, fixed price tender offers and modified dutch auction tender offers). This area provides some of the greatest risk adjusted arbitrage returns that only a small investor can take advantage of.
By investing in tender offers, a small investor deploying a small amount of capital can earn extremely attractive low-risk arbitrage returns. Per SEBI, small shareholders who own less than ₹ 0.2 million worth of shares in the Company is given a preference as 15% of the proposed buyback is reserved for them. This creates a lucrative low-risk arbitrage opportunity for such small investors.
Our Value Proposition
The one substantial drawback to investing in these special situations tender offers is the substantial investment of your time in finding information about these tender offers in a timely fashion. There are multiple stages in a tender offer when important announcements are made including but not limited to potential buyback announcement, tender offer terms & price announcement, record date announcement, open/close date announcement and post-buyback announcement. Each announcement is important as there are decisions to be made. As you will discover, going through hundreds of pages of corporate filings to find these obscure tiny opportunities makes the payback not worth it. The required effort to do this creates a natural barrier to investment and the reason why these opportunities exist. Instead of reading through corporate filings and trying to find these announcements for hours let us do the work for you and bring you complete coverage for a fraction of what you can make from such opportunities (see our membership plans HERE).
What does a membership offer? A constantly updated listing of all buybacks tender offers in India including all announcements and risk-reward analysis. You can visit and keep a track of these tender offers using our PRICE TRACKER, DATE TRACKER and PERFORMANCE TRACKER.
Past, closed and currently inactive ideas are free to view for all visitors of the site. Currently open and active ideas are available only for the members.