An integrated coal mining operator and logistics services provider hits the market with a Rs 450 crore issue Caliber Mining and Logistics Ltd., an integrated coal mining operator and logistics services provider, opens for subscription on July 17 with the issue closing on July 21. The company offers end-to-end services including coal extraction, overburden removal, … Read more
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 and launching new products. The first … Read more
Vacancy at an 18-month low despite 46 million square feet of new supply, GCCs accounting for 38% of all leasing, and rentals rising in every major city The narrative around India’s commercial office market has been one of cautious optimism for the last several quarters — strong demand from global companies setting up capability centres, … Read more
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 July 16 with the issue closing … Read more
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 have swung in and out of … Read more
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 with the issue closing on July … Read more
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 commenced production in 2017 and has … Read more
Sales per store falling, metro stores flatlining, D’Mart Ready retreating from 14 cities There is a version of D’Mart’s Q1FY27 result that looks acceptable on the surface — revenue growth of 15%, EBITDA margins holding at 8%, PAT growing 11%. And then there is the version that Prabhudas Lilladher’s note focuses on — store-level metrics … Read more
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 issue closing on July 16. The … Read more
Indian equities are staging a determined recovery from their late-March lows. A confluence of macro tailwinds building beneath the surface suggests the Nifty 50 has a credible path back to its all-time high before the calendar year is out. The benchmark closed near 24,270 on July 4 and pushed above 24,200 through last week, yet … Read more