admin 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
A Jaipur-based bone china and ceramic tableware maker plans to raise Rs 104.58 crore via the NSE SME platform. Clay Craft India Ltd., a manufacturer and distributor of ceramic tableware products operating under the “Clay Craft” and “JCPL” brands, opens for subscription on June 17 with the issue closing on June 19. The company is … Read more
A Bengaluru-based integrated EPCC engineering company with a Rs 384 crore order book plans to raise Rs 84.08 crore via the BSE SME platform. Leapfrog Engineering Services Ltd., an integrated Engineering, Procurement, Construction, and Commissioning (EPCC) company, opens for subscription on June 17 with the issue closing on June 19. The company is listing on … Read more
A 40% dip in equity flows, the first Gold ETF outflow in 13 months, and a debt-heavy industry reversal — yet SIPs held above Rs 30,000 crore. The story is caution The Indian mutual fund industry entered the summer with its confidence tested. May’s data, released by the Association of Mutual Funds in India … Read more
A Haridwar-based reclaimed rubber manufacturer plans to raise Rs 51.55 crore via the BSE SME platform. Horizon Reclaim (India) Ltd., a manufacturer of reclaimed rubber products using recycled tyres and rubber waste, opens for subscription on June 12 with the issue closing on June 16. The company is listing on the BSE SME platform. This … Read more