AUM at Rs 11.1 trillion, PAT up 23%, TER regulations having zero earnings impact, alternatives scaling  Among India’s listed asset managers, ICICI Prudential AMC has spent the last several quarters doing something that most of its peers have struggled with — consistently gaining market share while simultaneously expanding margins andContinue Reading

The Indian subsidiary of Swiss automated parking solutions company Sotefin SA plans to raise Rs 85.27 crore via the BSE SME platform, backed by a Rs 534 crore order book. Sotefin Bharat Ltd., a provider of mechanised and automated parking solutions delivering comprehensive turnkey services, opens for subscription on JulyContinue Reading

With gold, equity, and debt each taking turns as the year’s best asset class, multi-asset allocation funds have quietly become one of the fastest-growing hybrid categories. The Indian mutual fund investor’s relationship with hybrid funds has always been complicated. Balanced advantage funds have had their moments, aggressive hybrid funds haveContinue Reading

India’s largest mutual fund house — the company behind SBI Mutual Fund — hits the market with a nearly Rs 9,892 crore offer-for-sale SBI Funds Management Ltd. (SFML), the largest asset management company in India by quarterly average mutual fund assets under management, opens for subscription on July 14 withContinue Reading

A Gujarat-based vertically integrated textile manufacturer hits the market with a Rs 126 crore issue Alpine Texworld Ltd., an Ahmedabad-based vertically integrated textile manufacturer with capabilities in both weaving and spinning, opens for subscription on July 14 with the issue closing on July 16. Incorporated in 2016, the company commencedContinue Reading

A precision engineering company serving railways, aerospace, defence, and semiconductor sectors plans to raise Rs 146.30 crore via the BSE SME platform Millworks Technologies Ltd., a precision engineering company manufacturing machined components, sheet metal parts, and integrated assemblies for mission-critical applications, opens for subscription on July 14 with the issueContinue Reading