Over the last two weeks, there has been a noticeable improvement in the market — both in the final week of July and the first week of August. The primary reason is that even as geopolitical tensions persist, there is no shortage of inflows into the market. The dollar is also hovering around 95, which … Read more
A West Bengal-based readymade garment maker opens its Rs 66.98 crore NSE SME Emerge issue on August 11 — steady growth on paper, but the sharp profit jump from FY25 onwards deserves a closer look. A Barasat-based readymade garment manufacturer plans to raise Rs 66.98 crore via the NSE SME Emerge platform. Fascinate Textiles Ltd. … Read more
The Perundurai-based value-added dairy leader opens its Rs 1,553 crore mainboard issue on August 11 Milky Mist Dairy Food Ltd. (MMDFL), the maker behind branded paneer, cheese, curd, yogurt, ghee and ice cream under the ‘Milky Mist’ brand, opens for subscription on August 11 with the issue closing on August 13. Milky Mist Dairy Food … Read more
An electrical and electronics company that supplies wiring harnesses to nearly every major Indian two-wheeler and three-wheeler maker plans to raise Rs 3,066.89 crore via a mainboard listing on BSE and NSE. Dhoot Transmission Ltd. (DTL), a leader in wiring harnesses for the 2W, 3W and EV segments, opens for subscription on August 10 with … Read more
The maker of the Truenat point-of-care PCR platform opens its Rs 939.70 crore mainboard issue on August 10 — a rare Indian diagnostics story with global reach, and a WHO endorsement Molbio Diagnostics Ltd. (MDL), the developer of the Truenat portable PCR platform, opens for subscription on August 10 with the issue closing on August … Read more
Zudio at 982 stores and accelerating into smaller cities, margins expanding 208 basis points, private labels at 73% of Star Bazaar revenue Sometimes the most interesting moment to look at a quality retail business is not when everything is going right, but when the operating delivery is strong and the stock has corrected anyway. Trent’s … Read more
India’s largest on-demand asset pooling player heads to the mainboard with a Rs 2,480 crore issue — a virtual monopoly business An asset pooling company with 14.70 million assets and over 1,000 customers plans to raise Rs 2,480 crore via a mainboard listing on BSE and NSE. Leap India Ltd. (LIL), the country’s largest on-demand … Read more
The 25-year-old production house behind Comedy Circus, Crime Patrol and Baalveer opens its Rs 108.50 crore NSE SME Emerge Optimystix Entertainment Ltd. (OEL) is one of India’s older content production houses, founded in 2000. Its business is straightforward — it creates and produces content for television, films and digital platforms — but the depth of … Read more
An Aurangabad-based auto components maker opens its Rs 32.40 crore BSE SME issue LAPL Automotive Ltd. (LAL) is an integrated auto components maker that supplies to a broad slice of the vehicle industry — passenger vehicles, commercial vehicles, two-wheelers and electric mobility. Its product basket is wider than most SME players in the space, covering … Read more
A public infra EPC player with a Rs 1,235.90 crore order book has hit the market with a Rs 251.88 crore mainboard issue Technocraft Ventures Ltd. (TVL), an EPC contractor working on water, wastewater, roads, transmission and urban infrastructure projects, is open for subscription. Technocraft Ventures Ltd. (TVL) is a public infrastructure EPC (Engineering, Procurement … Read more