Dilip Davda: Jio’s IPO Draws 1.35 Crore Applications While the Sensex Slips Below 73.25K
By Dilip Davda It was a clean sweep of negative sessions for the secondary market, but the primary market had a very different week. India’s biggest IPO, Jio Platforms, came, was subscribed and closed. The Sensex and Nifty slid, and many operators believe the two are connected. A losing weekContinue Reading
This Market Index Was Up 34% in FY27. Then October Happened.
On September 30, 2026, the Nifty IPO Index closed the month 1.08% higher. Three weeks into October, that index is down approximately 11% from its September 30 close, giving back a meaningful chunk of the gains it had held through FY27. For most of FY27, the Nifty IPO Index —Continue Reading
Understanding Jio Platforms – Part 4: Scale, Strength and the Road Ahead
By Dilip Davda This is the final part of our four-part series on Jio Platforms. Part 3 looked at how Jio reaches homes and businesses. This part covers the financials, the infrastructure, and the road ahead. (Read Part 1, Part 2, and Part 3.) Jio Platforms reached its present sizeContinue Reading
Jio Platforms IPO Review: Should You Invest?
Jio Platforms is a well-diversified technology platform providing telecom, IT, and AI embedded products and related services. The company continues its leadership in this segment, and is poised for more bright prospects ahead. It posted steady growth in its top and bottom lines for the reported periods. Though prima-facie itContinue Reading
M. K. Sons Fine Jewels IPO Review: Should You Invest?
M K Sons Fine Jewels is a retail focused jewellery company engaged in marketing and sale of gold/diamond/Cubic Zirconia jewellery in Mumbai and Ahmedabad. The company marked growth in its top and bottom lines for the reported periods. Based on its recent average financial data, the issue appears fully priced.Continue Reading
Carver Roboweld BSE SME IPO Review: Should You Invest?
The company is engaged in the manufacturing of welding consumables. It is operating in a highly competitive and fragmented segment. The company posted growth in its top and bottom lines for reported periods. Based on its recent average financial data, the issue appears fully priced. Investors may park moderate fundsContinue Reading
Ajwa Projects BSE SME IPO Review: Should You Invest?
Ajwa Projects is engaged in diversified portfolio of industrial services that covers all related services and offerings. The company marked growth in its top and bottom lines for the reported periods. Based on its recent average financial data, the issue appears aggressively priced. Tiny equity capital post-IPO indicates longer gestationContinue Reading
Carver Roboweld SME IPO: What To Know, Details, GMP, Price
A welding-consumables maker and engineering solutions provider to the forging industry opens its Rs 28.29 crore BSE SME issue on October 28: metal cored wires, welding rods, gouging electrodes, forging die regeneration and welding robot rental. Carver Roboweld Ltd (CRL) makes welding consumables, including metal cored wires, welding rods andContinue Reading
Ajwa Projects SME IPO: What To Know, Details, GMP, Price
A provider of diversified industrial services opens its Rs 38.05 crore BSE SME issue on October 28 Ajwa Projects Ltd (APL) provides a diversified portfolio of industrial services spanning fabrication, piping, erection, pressure equipment, prefabricated structures, blasting & painting, maintenance & mechanical services, and civil construction works — undertaking theContinue Reading
Wiscon Industries SME IPO
A Delhi-based consumer-electronics brand opens its Rs 110 crore BSE SME issue on October 27 — LED TVs, air coolers, washing machines and electric scooters under the “Wiscon” brand Wiscon Industries Ltd trades a comprehensive range of consumer electronics — LED TVs, air conditioners, washing machines and air coolers —Continue Reading
SFC Environmental Technologies IPO Review
SFC Environmental specializes in waste water treatment with latest technology. Its order book stood at Rs.1570+ cr., as of June 30, 2026. Its overall revenue consists of over 90% repeat orders. As its business has seasonality, Q1-FY27 performance not indicating the real picture. Based on its recent average financial data,Continue Reading
BLS Polymers IPO Review by Dilip Davda
The company is a manufacturer of multiple grades of custom formulated polymer compounds catering to diversified industries with major focus on telecommunication. However, boosted bottom lines from FY25 onwards raise eyebrows and concern over its sustainability, as it operates in highly competitive and fragmented segment. Based on its recent averageContinue Reading
Wiscon Industries SME IPO: What To Know, Details, GMP, Price
A Delhi-based consumer-electronics brand opens its Rs 110 crore BSE SME issue on October 27 — LED TVs, air coolers, washing machines and electric scooters under the “Wiscon” brand, with explosive FY26 growth via a subsidiary consolidation, but heavy product and customer concentration and a flat grey market. Wiscon IndustriesContinue Reading
SFC Environmental Technologies IPO: What To Know, Details, GMP, Price
A wastewater-treatment technology leader opens its Rs 667.53 crore mainboard issue on October 27 — C-Tech SBR technology with 80%+ market share, a Rs 1,570+ crore order book, 90%+ repeat orders and a DuPont tie-up, but a seasonal business and a part-OFS structure. SFC Environmental Technologies Ltd (SETL) offers technologiesContinue Reading