Kwick Forensic Solutions Ltd SME IPO: What You Should Know, GMP and Review
A two-decade-old, India-focused forensic-science and digital-evidence company opens its Rs 50.77 crore BSE SME issue on August 27 — end-to-end forensics from DNA to cyber, a debt-free balance sheet, marquee OEM tie-ups, and a grey market pointing to a solid listing premium, but heavy government and single-supplier concentration. KwickContinue Reading
Lumino Industries Ltd IPO: What You Should Know, GMP and Review
A Kolkata-based integrated power-transmission EPC and conductor-cable maker opens its Rs 700 crore mainboard issue on August 27 — the highest RoNW in its peer set, a 12.48x pre-IPO P/E pitched at a discount to cable peers, a debt-reduction use of proceeds Lumino Industries Ltd, a Kolkata-headquartered T&D-focusedContinue Reading
The World Is Rearming. India Is Manufacturing. Just What Are the Defence Stocks to Own.
Global military spend at a record USD 2.9 trillion and growing at 10% CAGR through 2030, India’s defence exports targeting Rs 750 billion by FY30 “The world is not preparing for the last war — it is investing for the next one.” That is the opening line of Ashika InstitutionalContinue Reading
This Company Has Completed a Rs 2,000 Crore Capex Cycle. The Payoff Is Just Beginning.
World’s only scaled non-Chinese pyridine producer, Rs 3,400 crore CDMO pipeline, Agro-CDMO facility live in record 14 months, semiconductor chemicals next Spending Rs 2,000 crore over three years to transform a chemicals business from a product-led intermediates manufacturer into a customer-centric specialty chemicals and CDMO platform is a significantContinue Reading
India’s IT Sector Has Rallied, But What Next?
Large caps stabilising, mid-tiers outperforming, AI deflation weighing on guidance across the globe The Indian IT sector has had a complicated year. Growth has been modest. Guidance cuts have arrived from Accenture, Infosys, Cognizant and others. And yet the stocks have rallied — supported by reasonable valuations, attractive dividend yieldsContinue Reading
Sumax Engineering Ltd SME IPO: What You Should Know
A three-decade-old maker of adhesive tapes and car-care products for the automotive OEM and refinish markets opens its Rs 53.40 crore NSE SME issue on August 25 — improving margins, a near-debt-free balance sheet, and a two-unit capacity expansion. An automotive components company engaged in manufacturing and trading productsContinue Reading
Annu Projects Ltd IPO: What You Should Know
A telecom-and-sewerage EPC contractor opens its Rs 175 crore mainboard issue on August 25 — a Rs 938.65 crore order book at 3.9x FY26 revenue, a 20.81% EBITDA margin, BharatNet and Digital India credentials Annu Projects Ltd, a civil-contracting specialist in telecom and sewerage infrastructure, opens for subscription on AugustContinue Reading
India’s Capital Goods Sector Is Executing Through a War. And Some Stocks Stand Out
Order inflows up 19%, government capex running ahead of last year’s pace, thermal upcycle intact, transformer availability improving The West Asia conflict has been the single most disruptive variable in India’s capital goods sector through FY27 — affecting EPC companies with Middle East exposure, pushing commodity prices higher and slowingContinue Reading
Madhur Knit Crafts SME IPO: What You Should Know
A Ludhiana-based, three-decade-old textile manufacturer opens its Rs 53.27 crore NSE SME issue on August 24 — an integrated yarn-to-cloth model, a blanket-led product mix, a solar-and-deleveraging use of proceeds, but a heavy Punjab concentration A textile manufacturer producing fabrics, blankets, winter textiles and garments plans to raise Rs 53.27Continue Reading
ABH Healthcare Ltd SME IPO: What You Should Know
A Ferozepur-based 150-bed multi-specialty hospital, operating as Anil Baghi Hospital, opens its Rs 34.98 crore NSE SME issue on August 24 — 25 medical specialties, 30+ insurer/TPA tie-ups, government-scheme empanelment A multi-specialty healthcare provider running a single 150-bed hospital in Punjab plans to raise Rs 34.98 crore via an SMEContinue Reading