@zygo23554
nothing specific from me in this regard. i’ve done some basic checks speaking with people using it and to me the narrative fits. anyways, if i have any further questions which i cant verify - i will reach out to you. and thank-you for the kind offer.
but, just to make sure you look at bse before anything else on your list. 
i would like to highlight
- (in crs) 3k mcap. 2.3/4k cash on book. off which 1.6/7k unencumbered. off which about 0.4k being returned to shareholders as a buyback (rs 680). 29th july is the record date. this is in addition to the 5% div yield.
- owns 24% of cdsl + bse building.
- has about 2k companies only listed on bse(as opposed to co-listed in nse). small/micro cap names. this constitutes the major part of eq tx rev. charges 10 bps on notional vale on such names. this is cyclical. and currently nearer the lows as opposed to the highs. one way to see this part of business as akin to buying a microcap index.
- the regulators historic pro nse stand is weakening. case in point the recent move to allow inter-op between the clearing houses. this in theory should weaken some of the reasons why nse continues to dominate eq market.
- under earning assets: starmf, iex,commodity,bonds, currency, etc. some of these have potential to be worth more than the currect bse mcap. starmf to me has the highest potential. followed by bse gift city venture.
- last year: dispite cyclical lows + under earning assets. it generated about 200crs of profit.
- star mf = (financialisation theme) X (digitisation of MF distribution) X (Pricing charges Rs 8 to AMCs intent to take to to Rs50 over the next few years. next year it should be Rs 14-15). X (potential for new products added to platform)
- ashishkumar chauhan + change in culture + op leverage