Though we can roughly consider the public companies (listed below) as peers, with TSI in advanced discussions on acquisition, TSI will be the biggest of all in terms of no of ATMs, points of presence, no of large banks as clients and the number of services offered. TSI Peer's Market Cap:
Vakrangee - 495m
InfiBeam - 1.365b
Capital India 188m
CMS Info 1.6b
BLS E-Services 364m
AGS Transact 211m
Private equity firms (both domestic and foreign), who are aggressively looking for equity participation could value TSI near a billion dollars!!!
With FND's 81% ownership in TSI its MV could be about 800m, another 4x by mid-CY25.
FND Price at posting:
$5.19 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)