Frequent visitor to debt market Kosamattam Finance Ltd (KFL) is once again coming out with its NCD offer to mobilize Rs. 125 crore with a green shoe option to retain oversubscription to the extent of Rs. 125 crore, taking the aggregate size of the offer to Rs. 250 crore. The company can issue up to … Read more
Sumit Woods Ltd. (SWL) that started civil construction business in Goa as a partnership firm is now converted into a public limited company. BUSINESS It has executed projects for Modern Bread, Railway Officers and Government Holiday Homes. Currently SWL is engaged in constructions of residential buildings, re-development and SRA area developing. It has already completed … Read more
Marshall Machines Ltd. (MML) is in the business of developing, manufacturing and marketing of Machine Tool Equipment. Business The company was initially manufacturing hosiery machines. Later on, it moved to design & manufacture of high precision Bench Lathes, Heavy Duty Lathes & Capstan Lathes, thousands of which were sold all over the country. The firm … Read more
Lagnam Spintex Ltd. (LSL) is an ISO 9001:2015 certified company engaged in the business of manufacture of high-quality yarn for domestic and export market ranging from count Ne 4 to Ne 20. These are used in denim, terry towels, bottom wears, home textiles and industrial fabrics etc. Its regular client list includes big brands like … Read more
Supreme Engineering Ltd. (SEL) is engaged in the business of manufacturing special alloys and special wire products. It has two manufacturing units. Unit I is the special steels division, located at Khopoli. This unit is engaged in the manufacture of super alloys, precipitation hardening steels, martensitic stainless steel, austenitic stainless steel, ultra high strength steel … Read more
Add Shop Promotions Ltd. (ASPL) is currently engaged in the business of marketing and distribution of products in the ayurvedic products category. Business It also conducts the business of food supplements products, agricultural products, animal feed supplement products and personal care products under the brand name “Add Shop Promotion”. It is supplying its products to … Read more
Aaron Industries Ltd (AIL) is a MOTI group company that started as an elevator cabins designing company and it also introduced products like cable tray and building hardware materials such as Z perlins, slotted channels, busbar chambers, distribution boxes, loom switches etc. Business The company also ventured into manufacturing and trading in elevator products, parts … Read more
The Indian rupee’s recent tailspin spurred by the sharp sell-off in emerging market currencies, particularly the Turkish lira, has caught investors in a bind. The rupee’s fall breached the psychological Rs 70 mark after hovering for a long time around the Rs 69 levels. Equity and bond markets have come under pressure with the rupee … Read more
Dangee Dums Ltd. (DDL) (formerly known as Aromen Hospitality Pvt. Ltd.) converted into public limited company and changed its name from the latter. DDL is in the business of chocolates, cakes and pastries and is selling them under the brand name “Dangee Dums”. To expand its product profile, it recently introduces ice creams, softies, candies, … Read more
Volatility is no stranger to debt markets. As interest rates have moved northwards, debt fund net asset values have been seen swinging down. If you have not carefully selected your debt fund investments, chances are you will miss the opportunity to get better yields. The good news: RBI has raised interest rates and has increased … Read more