M R Maniveni Foods Ltd. SME IPO: What You Should Know
A Tamil Nadu-based pulses processor and distributor plans to raise Rs 25.69 crore via the BSE SME platform M R Maniveni Foods Ltd., a processor, packager, and distributor of pulses and agricultural commodities, opens for subscription on May 22 with the issue closing on May 26. The company is listingContinue Reading
Equity Inflows Cool as SIP Book Crosses Rs 31,000 Crore; Investors Rotate Toward Mid- and Small-Caps
AMFI April data shows the pace easing, not the trend breaking; while the money is quietly moving to where the alpha is. India’s mutual fund industry entered the new financial year on a firm footing, but the tone has shifted. After a blockbuster March, April data released by the AssociationContinue Reading
This Firm Delivered 46% Revenue Growth and Its Best Margins
Volume and ASP both rising, store densification working without cannibalisation, AI glasses launched, 25% margin target on track There are not many consumer businesses in India that can grow revenue 46% year-on-year, expand domestic same-store sales by 24%, improve margins by over 600 basis points and simultaneously launch an AI-poweredContinue Reading
Bio Medica Laboratories Ltd. SME IPO: What You Should Know
An Indore-based pharmaceutical contract manufacturer plans to raise Rs 49.80 crore via the NSE SME platform. Bio Medica Laboratories Ltd., a pharmaceutical contract manufacturer specialising in parenteral (injectable) medicines, opens for subscription on May 21 with the issue closing on May 25. The company is listing on the NSE SMEContinue Reading
Q-Line Biotech Ltd. SME IPO: What You Should Know
An Ahmedabad-based in-vitro diagnostics manufacturer plans to raise Rs 203.74 crore via the NSE SME platform Q-Line Biotech Ltd., an Ahmedabad-based manufacturer, developer, and marketer of in-vitro diagnostics (IVD) reagents, consumables, kits, and diagnostic equipment, opens for subscription on May 21 with the issue closing on May 25. The companyContinue Reading
Autofurnish Ltd. SME IPO: What You Should Know
An automotive accessories manufacturer plans to raise Rs 13.86 crore via the BSE SME platform. Autofurnish Ltd., a manufacturer and marketer of automotive accessories, opens for subscription on May 21 with the issue closing on May 25. The company is listing on the BSE SME platform through a fixed-price issueContinue Reading
This Stationary Company Had a Strong Quarter. What Next?
Back-to-school demand firing, modern trade surging, capacity additions flowing through — but raw material inflation is the near-term test. India’s stationery sector does not often find itself in the spotlight. But DOMS Industries — the maker of scholastic stationery, art materials and hygiene products that has quietly built one ofContinue Reading
Vegorama Punjabi Angithi Ltd. SME IPO: What You Should Know
A Delhi NCR-based cloud kitchen chain under the “Punjabi Angithi” brand plans to raise Rs 36.44 crore via the BSE SME platform. Vegorama Punjabi Angithi Ltd., a quick service restaurant and cloud kitchen operator under the “Punjabi Angithi” brand offering affordable North Indian cuisine, opens for subscription on May 20Continue Reading
Harikanta Overseas Ltd. SME IPO: What You Should Know
A Surat-based synthetic textile fabric manufacturer plans to raise Rs 23.07 crore via the BSE SME platform. Harikanta Overseas Ltd., a synthetic textile fabric manufacturer from Surat, Gujarat, opens for subscription on May 20 with the issue closing on May 27. The company is listing on the BSE SME platform.Continue Reading
Teamtech Formwork Solutions Ltd. SME IPO: What You Should Know
A Telangana-based modular formwork manufacturer and renter plans to raise Rs 4.63 crore via the NSE SME platform Teamtech Formwork Solutions Ltd., a Hyderabad-based company engaged in manufacturing, refurbishing, and renting modular T-formwork systems for the construction industry, opens for subscription on May 19 with the issue closing on MayContinue Reading