Strong execution on defence electronics, QR-SAM finalisation imminent, zero import target within five years, Rs 22 billion in annual R&D Bharat Electronics delivered a solid if unspectacular first quarter of FY27 — revenue beat estimates, PAT was in line, and the order book remains one of the most visible in India’s defence electronics space. The … Read more
A power distribution infrastructure services company with a Rs 553 crore order book plans to raise Rs 42.25 crore via the BSE SME platform. G V Electricals Ltd., a provider of operations and maintenance and allied support services to electricity distribution utilities across India, opens for subscription on July 31 with the issue closing on … Read more
A hybrid edtech company operating an AI-powered Education OTT App and 30 offline learning centres plans to raise Rs 39.04 crore via the BSE SME platform. Fusion Klassroom Edutech Ltd., an education technology company running hybrid learning solutions across academic, vocational, and skill development segments, opens for subscription on July 31 with the issue closing … Read more
A Gujarat-based plastic packaging solutions maker with backward integration into IML labels plans to raise Rs 36.36 crore via the BSE SME platform. Dhaval Packaging Ltd., a manufacturer of plastic packaging solutions for the food and FMCG segments, opens for subscription on July 30 with the issue closing on August 3. The company is listing … Read more
India’s rare indigenous developer of IGBT-based 3-Phase Drive Propulsion Equipment for electric locomotives hits the mainboard with a Rs 290 crore fresh issue MV Electrosystems Ltd. (MVEL), a technology-driven company engaged in the design, development, and manufacturing of electrical and power electronics equipment for railway rolling stock, opens for subscription on July 30 with the … Read more
A Delhi NCR-based solar EPC services company plans to raise Rs 27.65 crore via the BSE SME platform, backed by an order book of Rs 148.59 crore to be executed by September 2027. Oneindig Technologies Ltd., a provider of Engineering, Procurement and Commissioning services in the solar energy sector, opens for subscription on July 30 … Read more
One of India’s top 10 largest renewable independent power producers hits the mainboard with a Rs 1,800 crore fresh issue Juniper Green Energy Ltd., among India’s top 10 largest renewable independent power producers (IPPs) by total capacity, opens for subscription on July 30 with the issue closing on August 3. The company lists on BSE … Read more
A hygiene products manufacturer operating under the Femiss, Womanica, ElderFit, and Bloom Baby brands plans to raise Rs 53.95 crore via the BSE SME platform. H. R. Hygiene Products Ltd., a manufacturer and marketer of personal hygiene products serving both B2B and B2C segments, opens for subscription on July 29 with the issue closing on … Read more
India’s largest multispecialty hospital network by bed capacity hits the market with a Rs 9,275 crore issue — the biggest healthcare IPO India has seen — priced at the upper band of Rs 590. Manipal Health Enterprises Ltd. (MHEL), the flagship hospital network of the Manipal Group, opens for subscription on July 29 with the … Read more
Credit cost nearly halved year-on-year, PAT up 20%, asset quality visibly improving — but AUM growth remains anaemic and corporate spends are doing the heavy lifting The SBI Cards investment thesis has always had two sides — the credit quality recovery, and the revenue growth recovery. Q1FY27 delivered convincingly on the first and less convincingly … Read more