Dilip Davda: SME IPOs Show Cracks, But NSE and Jio Are the Big Ones to Watch

By Dilip Davda Last week gave us a good sense of just how split this market has become. The secondary market marked its second straight negative week, and many expected that to put some brakes on the primary market. It hasn’t. If anything, the primary market is going unabated higher, with more and more issues … Read more

Madhur Knit Crafts SME IPO: What You Should Know

A Ludhiana-based, three-decade-old textile manufacturer opens its Rs 53.27 crore NSE SME issue on August 24 — an integrated yarn-to-cloth model, a blanket-led product mix, a solar-and-deleveraging use of proceeds, but a heavy Punjab concentration A textile manufacturer producing fabrics, blankets, winter textiles and garments plans to raise Rs 53.27 crore via an SME listing … Read more

ABH Healthcare Ltd SME IPO: What You Should Know

A Ferozepur-based 150-bed multi-specialty hospital, operating as Anil Baghi Hospital, opens its Rs 34.98 crore NSE SME issue on August 24 — 25 medical specialties, 30+ insurer/TPA tie-ups, government-scheme empanelment A multi-specialty healthcare provider running a single 150-bed hospital in Punjab plans to raise Rs 34.98 crore via an SME listing on NSE SME. ABH … Read more

Symbiotec Pharmalab Ltd IPO: What You Should Know

The global leader in corticosteroid APIs opens its Rs 1,757.30 crore mainboard issue on August 24 — 38.2% global market share in corticosteroids, 30+ years of expertise Symbiotec Pharmalab Ltd. (SPL) sits at a highly specialised corner of the global pharmaceutical value chain — the manufacture of corticosteroid and steroidal-hormone Active Pharmaceutical Ingredients (APIs). These … Read more

Hy-Tech Engineers Ltd IPO: What You Should Know

A 40-year-old Maharashtra-based hydraulic fittings maker opens its Rs 136 crore mainboard issue on August 24 — 11,000+ SKUs, exports to 11 countries, and a backward-integrated Nashik forging unit Hy-Tech Engineers Ltd. (HTEL) sits in a highly specialised corner of Indian industrial equipment — hydraulic fittings. These are the small but critical components that connect … Read more

Skyways Air Services Ltd IPO: What You Should Know

India’s No. 1 air freight forwarder by AWB generation opens its Rs 582.80 crore mainboard issue on August 24 — four decades of experience, and marquee airline partnerships. Skyways Air Services Ltd. (SASL) is one of the older names in Indian air freight forwarding. In a business where handling capacity, airline relationships and paperwork discipline … Read more

Augmont Enterprises Ltd IPO: What You Should Know

India’s largest integrated gold and silver platform opens its Rs 825 crore mainboard issue on August 21 — a truly one-of-a-kind listing across bullion trading, refining, jewellery and digital gold Augmont Enterprises Ltd. (AEL) sits at the centre of India’s gold and silver economy in a way that no listed player does today. It is … Read more

India’s Power T&D Boom Is Peaking. The Next Capital Goods Trade Is Already Beginning

    HV T&D ordering plateauing after stellar execution, private capex recovery gaining momentum across data centres, metals and O&G  The capital goods and engineering sector in India has been one of the strongest performers in the market over the last two years — and Q1FY27 confirms that the execution is still strong. But Nuvama … Read more

This Company Is Adding 46 Million Tonnes of Capacity, and Launch Wires and Cables

9% volume CAGR through FY28, Rs 120 per tonne of efficiency gains unlocking, green power reaching 55% in FY27 and a wires and cables business launching in Q3  India’s largest cement company rarely generates surprise — it is too large, too well-covered and too consistently executing to spring many shocks. But UltraTech Cement’s investment case … Read more

This Company’s Options Market Has Doubled in a Year

FPI access to deliverable bullion and metals contracts proposed, index derivatives on commodities coming, margin requirements easing  Commodity derivatives markets in India have a structural problem that has suppressed volumes relative to equity derivatives for years — a narrow participant base, limited product breadth and high margin requirements that raise the cost of capital for … Read more