Jio IPO imminent, AI infrastructure being built at Jamnagar, FMCG targeting Rs 1 trillion revenue, New Energy entering commercialisation Every year, Reliance Industries’ AGM is less an annual general meeting and more a statement of intent about the direction of one of the world’s most complex conglomerates. The FY26 edition was no different — and … Read more
Beauty scaling 2.5-3x, fashion breaking even and targeting 10% margins, Dot and Key crossing Rs 10 billion There are investor days that reveal something genuinely new about a business, and there are investor days that confirm what the market had already begun to price in. Nykaa’s latest one sits closer to the second category — … Read more
A close look at NFOs launched in 2026 shows fund houses are rethinking product strategy under a combination of regulatory pressure, investor scepticism, and a shifting equity backdrop. For much of 2023 and 2024, the Indian mutual fund NFO pipeline had one dominant flavour. Thematic and sectoral funds — defence, manufacturing, PSU, tourism, consumption, healthcare … Read more
India’s mutual fund industry has quietly become retail-led. Individual investors held 60.38 per cent of the industry’s Rs 81.6 lakh crore AUM in May, overtaking institutions by a decisive margin. The Indian mutual fund industry has crossed a threshold that would have looked improbable a decade ago. In May 2026, individual investors — a category … Read more
India’s largest certified PoSP insurance-distribution network hits the market with a Rs 883 crore issue Turtlemint Fintech Solutions Ltd., a technology-enabled insurance distribution platform that connects customers, insurance advisors (PoSPs), and insurers through a digital ecosystem, opens for subscription on June 19 with the issue closing on June 23. The company operates one of India’s … Read more
A Kanpur-based ERW steel pipe and tubular pole manufacturer plans to raise Rs 22.80 crore via the BSE SME platform. Anubhav Plast Ltd., a manufacturer of Electric Resistance Welding (ERW) steel pipes, tubes, and steel tubular poles, opens for subscription on June 19 with the issue closing on June 23. The company is listing on … Read more
2 million POS devices, 866 million prepaid cards issued, online payments growing 56%, and an AI architecture built for the next decade of commerce There is a payments company sitting quietly in India’s listed fintech space that processes transactions for Flipkart, Myntra, DMart, Apollo Pharmacy, Marriott International and over twenty global airlines — and most … Read more
A Noida-based IVD diagnostics company plans to raise Rs 28.53 crore via the NSE SME platform — incorporated barely two years ago. Avience Biomedicals Ltd., a manufacturer, supplier, and exporter of in-vitro diagnostic products and medical devices, opens for subscription on June 18 with the issue closing on June 22. The company is listing on … Read more
A Gujarat-based ethnic wear brand plans to raise Rs 28.65 crore via the BSE SME platform, with a six-day subscription window. Riyaasat Lifestyle Ltd., an ethnic wear company blending traditional craftsmanship with contemporary design for men’s, women’s, and family collections, opens for subscription on June 18 with the issue closing on June 25. The company … Read more
A Gwalior-based PET bottle and preform manufacturer plans to raise Rs 16.99 crore via the BSE SME platform. Diksha Polymers Ltd., a manufacturer of PET bottles, containers, and PET preforms, opens for subscription on June 17 with the issue closing on June 19. The company is listing on the BSE SME platform through a fixed-price … Read more