The global leader in woven Raffia machinery — supplying nearly 100 countries — hits the market with a Rs 1,102 crore pure offer-for-sale Lohia Corp Ltd., one of the leading global manufacturers of machinery and equipment for technical textiles, opens for subscription on July 23 with the issue closing onContinue Reading

India’s largest privately listed road InvIT converts to a public trust with a Rs 5,000 crore offer-for-sale Cube Highways Trust, an infrastructure investment trust sponsored by Cube Highways and Infrastructure V Pte. Ltd., opens for subscription on July 22 with the issue closing on July 24. The trust is transitioningContinue Reading

A Gujarat-based closed die forging and precision machined components manufacturer plans to raise Rs 49.96 crore via the NSE SME platform. Metalic Technoforge Ltd., a manufacturer of closed die forged and precision machined components, opens for subscription on July 21 with the issue closing on July 23. The company isContinue Reading

RoA back at 2.1%, NIM holding firm, ECL impact contained for Kotak Mahindra Bank Kotak Mahindra Bank’s Q1FY27 results were, by most measures, a strong quarter — an 8% PAT beat, return on assets crossing 2% again, stable margins and asset quality that held despite seasonal slippage pressure. But theContinue Reading

An Ahmedabad-based third-party inspection, auditing, and certification services company plans to raise Rs 18.19 crore via the BSE SME platform. Gulf Lloyds (India) Ltd., a provider of third-party inspection, auditing, certification, testing, and training services, opens for subscription on July 20 with the issue closing on July 22. The companyContinue Reading

Consolidated EBITDA up 10.7%, Jio at record 53.3% margins, O2C firing on elevated fuel cracks, Jio DRHP filed  Reliance Industries does not often surprise on the upside in a single quarter — the business is too large and too diversified for any one segment to dramatically move the needle. ButContinue Reading

Dolvi expansion coming, debt declining, this one is going places  Steel companies are not supposed to beat EBITDA estimates by 13% in a quarter where volumes declined sequentially and raw material costs rose. JSW Steel managed it — and the mechanism behind the beat tells you something important about theContinue Reading

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