A 24-year-old Bhopal-based integrated IT solutions provider hits the market with a Rs 167 crore issue Xtranet Technologies Ltd., an integrated information technology solutions provider with over two decades of operating history, opens for subscription on July 23 with the issue closing on July 27. The company delivers end-to-end IT services including enterprise applications, managed … Read more
The world’s largest manufacturer of Metal Injection Molding components hits the market with a ~Rs 3,812 crore issue Indo-MIM Ltd., the global leader in precision engineering components manufactured using Metal Injection Molding technology, opens for subscription on July 23 with the issue closing on July 27. With over 25 years of experience, the company holds … Read more
The global leader in woven Raffia machinery — supplying nearly 100 countries — hits the market with a Rs 1,102 crore pure offer-for-sale Lohia Corp Ltd., one of the leading global manufacturers of machinery and equipment for technical textiles, opens for subscription on July 23 with the issue closing on July 27. The company held … Read more
India’s largest privately listed road InvIT converts to a public trust with a Rs 5,000 crore offer-for-sale Cube Highways Trust, an infrastructure investment trust sponsored by Cube Highways and Infrastructure V Pte. Ltd., opens for subscription on July 22 with the issue closing on July 24. The trust is transitioning from a privately listed InvIT … Read more
An integrated coal mining operator and logistics services provider hits the market with a Rs 450 crore issue Caliber Mining and Logistics Ltd., an integrated coal mining operator and logistics services provider, opens for subscription on July 17 with the issue closing on July 21. The company offers end-to-end services including coal extraction, overburden removal, … Read more
India’s largest mutual fund house — the company behind SBI Mutual Fund — hits the market with a nearly Rs 9,892 crore offer-for-sale SBI Funds Management Ltd. (SFML), the largest asset management company in India by quarterly average mutual fund assets under management, opens for subscription on July 14 with the issue closing on July … Read more
A Gujarat-based vertically integrated textile manufacturer hits the market with a Rs 126 crore issue Alpine Texworld Ltd., an Ahmedabad-based vertically integrated textile manufacturer with capabilities in both weaving and spinning, opens for subscription on July 14 with the issue closing on July 16. Incorporated in 2016, the company commenced production in 2017 and has … Read more
Indian equities are staging a determined recovery from their late-March lows. A confluence of macro tailwinds building beneath the surface suggests the Nifty 50 has a credible path back to its all-time high before the calendar year is out. The benchmark closed near 24,270 on July 4 and pushed above 24,200 through last week, yet … Read more
A three-decade-old integrated power cable and conductor manufacturer from West Bengal hits the market with a Rs 742 crore issue Laser Power & Infra Ltd., an integrated manufacturer of power cables, conductors, and specialised power transmission and distribution products, opens for subscription on July 9 with the issue closing on July 13. The company has … Read more
A niche manufacturer of engineered fabrics for defence, aerospace, and industrial applications hits the market with a Rs 650 crore pure offer-for-sale Kusumgar Ltd., a manufacturer of woven, coated, and laminated synthetic fabrics — referred to as engineered fabrics — opens for subscription on July 8 with the issue closing on July 10. The company … Read more