Market data reveals unprecedented acceleration as five-year fundraising spree nearly matches three decades of capital formation Between 2020 and 2025, companies raised Rs 7.41 lakh crore through IPOs and follow-on offerings.. To put that in perspective: it took 31 years—from 1990 to 2020—to raise Rs 6.40 lakh crore. That is three decades of capital formation … Read more
Contract Manufacturer Posts Sharp Revenue Jump Ahead of Rs 24.77 Crore Fundraise; Sustainability Questions Emerge ANL operates as a Contract Development and Manufacturing Organization (CDMO) specializing in Ayurvedic and Nutraceutical products across multiple dosage forms. Established in 2021, the company manufactures tablets (film-coated and chewable), capsules (hard gelatine and HPMC), oral liquids (syrups, suspensions, tonics), … Read more
Greater Noida-Based Manufacturer Seeks Rs 66.42 Crore as Profit Margins Surge in Competitive Landscape Msafe Equipments Ltd. (MEL) is set to make its debut on the BSE SME platform with a book-building IPO opening January 28, 2026. The Greater Noida-based manufacturer of height safety equipment is offering 5.4 million equity shares in a price band … Read more
Jodhpur-Based Extrusion Manufacturer Seeks Rs 29.20 Crore Amid Questions on Valuation and Financial Trajectory The Issue at a Glance Kanishk Aluminium India Ltd. (KAIL) is set to debut on the BSE SME platform with an IPO opening January 28, 2026. The Jodhpur-based manufacturer is offering 4 million equity shares at Rs 73 apiece, targeting a … Read more
More than half of 2025’s 269 small-company debuts now trade below issue price, data show The BSE SME IPO Index has tumbled to 91,627, down 23% from its July 2025 peak, as India’s small-company listing boom collides with the reality that most investors end up underwater. And in the past year the S&P BSE SME … Read more
Steel fiber manufacturer seeks funds for capacity expansion amid fluctuating profitability and heavy domestic market reliance Kasturi Metal Composite Ltd. (KMCL), a two-decade-old manufacturer of steel fiber products for industrial applications, is set to make its public market debut with a Rs 17.61 crore initial public offering on BSE’s SME platform. The Amravati, Maharashtra-based company … Read more
A 150-hospital bed is now eyeing oncology for its next leg of growth, but will it pay off for new IPO investors? Hannah Joseph Hospitals Ltd. began as a focused neuroscience facility in Madurai, Tamil Nadu, establishing itself as a specialized provider of neurosurgery and neurology services. Over the years, the hospital expanded its scope, … Read more
Fractal, Hero FinCorp among firms positioning for February-March window as markets stabilise; investors may have plenty to choose from if deals come through Investors hunting for fresh opportunities in India’s equity markets may soon find themselves spoiled for choice. At least nine companies are preparing to raise a combined Rs 24,000 crore ($2.8 billion) through … Read more
Shayona Engineering Ltd. entered the customized casting business in 2010, carving out a niche in an industry where specialization typically trumps breadth. The company manufactures precision metal, rubber, and plastic parts across a wide weight spectrum—from components weighing just a few grams using lost wax investment casting to single-piece castings of up to 1,500 kilograms … Read more
Analysts divided on valuation as company turns profitable amid quick commerce boom; price-to-sales premium over Delhivery raises concerns Indian brokerages have offered mixed recommendations on the Shadowfax Technologies initial public offering, with opinions ranging from cautious optimism to concerns over stretched valuations, as the gig-based logistics platform prepares to debut on January 20 in a … Read more