Dilip Davda: Sensex, Nifty Hit New Lows; NSE IPO, Fully Priced But Fully Backed
Let’s start with the secondary market, because it’s been a rough patch. Last week marked the fifth negative week in a row, and we saw fresh lows on both benchmarks. The Sensex closed below the psychologically important 75,000 mark, settling around 74,272, while the Nifty broke below its 23,500 supportContinue Reading
Manika Plastech Ltd IPO: GMP, Pricing and What to Know
A three-decade-old rigid-polymer packaging maker opens its Rs 125.5 crore mainboard issue on September 11 A design-led manufacturer of rigid polymer packaging — battery casings, pails and thinwall containers — plans to raise Rs 125.5 crore via a mainboard listing on BSE and NSE. Manika Plastech Ltd, incorporated inContinue Reading
Raksan Transformers Ltd SME IPO: Pricing & What To Know
A three-decade-old Haryana-based transformer maker opens its Rs 150.50 crore BSE SME issue on September 10 Raksan Transformers Ltd (RTL) is an ISO 9001:2015 certified manufacturer of transformers across different voltage ratings — a direct play on India’s power transmission, distribution and electrification build-out. Its product range spans distributionContinue Reading
Om Galaxy Ltd SME IPO: What To Know
A 17-year-old Maharashtra-based precision-mould maker opens its Rs 105.01 crore BSE SME issue on September 10 A designer and manufacturer of pipe-fitting and industrial moulds for building materials, plastics, automotive and engineering applications plans to raise Rs 105.01 crore via a book-built SME listing on BSE SME. Om Galaxy LtdContinue Reading
Panchatv Bharat Ltd SME IPO: What To Know
A recently-incorporated Delhi-and-Ahmedabad denim-fabric wholesaler opens its Rs 24.58 crore BSE SME issue on September 10 Panchatv Bharat Ltd (PBL) operates in the denim-fabric segment of textiles — a highly competitive and fragmented space — on a distinctly asset-light model. It manufactures finished denim fabric through arrangements with third-party manufacturersContinue Reading
Veegaland Developers IPO: Price, Business, GMP, Listing and What to Know
Veegaland Developers Ltd. is set to launch its initial public offering (IPO) from September 10 to September 15, 2026, with the company looking to raise ₹210 crore through a fresh issue. The company, which operates under the Veegaland Homes brand and is part of the V-Guard group ecosystem, isContinue Reading
This Company Holds 75-80% of India’s TFT Cluster Market
40% share in 2W instrument clusters, DICVS demerger creating Pricol Autotech, plastics business doubling, EV electronics content rising There is a quiet but important technology shift happening inside every two-wheeler and commercial vehicle sold in India — the analog instrument cluster is giving way to TFT digital displays, connected vehicleContinue Reading
India Cleared Rs 1.1 Lakh Crore of Defence Acquisitions. Here are Companies That Benefit
Which are the companies that benefit from the Defence Acquisition Council Orders. On September 7, 2026, the Defence Acquisition Council — chaired by Defence Minister Rajnath Singh — accorded Acceptance of Necessity to capital acquisition proposals worth approximately Rs 1,10,000 crore across the Indian Army, Navy and Air Force. ApproximatelyContinue Reading
Steamhouse India Ltd IPO: GMP, Review & What You Should Know
A Gujarat-based pioneer of India’s community-boiler steam model opens its Rs 414 crore mainboard issue on September 9 Steamhouse India Ltd (SHIL) operates a genuinely differentiated industrial-utility model — the generation and distribution of steam through its own pipeline network. The company and its promoters are pioneers of the community-boilerContinue Reading
LCC Projects Ltd IPO: GMP, What You Should Know & Review
A two-decade-old Ahmedabad-based irrigation and water-supply EPC contractor opens its Rs 427 crore mainboard issue on September 9 A multidisciplinary EPC company focused on irrigation and water-supply infrastructure plans to raise Rs 427.14 crore via a mainboard listing on BSE and NSE. LCC Projects Ltd is a multidisciplinary engineering,Continue Reading
