Waa Solar SME IPO may be considered for long term

Waa Solar Ltd. (WSL) is engaged in solar power projects and is currently having installed capacity of around 28 plus MW solar power projects at various sites. Business Projects include 10.25 MW solar power project at Village Muli, District Surendranagar, in Gujarat on approx. 60 acres of land out of 92 acres land owned by … Read more

Viewing home-buyers in the same class as financial creditors a positive for real estate sector: ICRA

Treatment of home-buyers at par with the financial creditors during the insolvency proceedings of bankrupt real estate developers is a positive to shore up the confidence for home buyers and the real estate sector over the medium to long term. The Cabinet, on May 23, 2018, has approved amendments to the Insolvency and Bankruptcy Code … Read more

Palm Jewels SME IPO is priced at a huge premium; Investors may give it a miss

Palm Jewels Ltd. (PJL) is engaged in the wholesale business of gold jewellery. It essentially sells gold based chains, bracelets and necklaces while outsourcing and manufacturing of jewellery through job workers based in Ahmedabad and Mumbai. The major raw material used for making products is gold & silver. Company procures gold & silver majorly through … Read more

JM Financial Credit Solutions NCD Offering is suitable for long-tenure fixed-income investors

JM Financial Credit Solutions Ltd. (JMFCSL) is a systematically important non-deposit taking non-banking financial arm of JM Financial group. It is engaged in providing integrated financial solutions to real estate developers with a focus on residential project financing. Business As on 31.03.18, it has a list of 77 borrowers, loan order book of Rs. 7339 … Read more

Investors may give Debcock Sales SME IPO a miss

Debock Sales and Marketing Ltd. (DSML) is engaged in the business of manufacturing and trading of agricultural equipment. It manufactures and supplies range of agricultural equipment mainly Tractor Trolley, Agricultural Thresher, Mould Board Ploughs, Mounted Disc Ploughs, Tillers, Tanker, Combine Machine, Seed Drill Machine, Mounted Disc Harrows, Tractor Cultivators, Chaff Cutters etc. DSML is also … Read more

No harm in giving Sorich Foils SME IPO a miss

Sorich Foils Ltd. (SFL) is engaged in manufacturing and supplying a varied range of Aluminium Foils for Blister, Strip Foils, Cold Forming Foil, Coated Glassine Paper for Blister, Laminated Glassine Paper for Strip Pack, Child Resistant (CR) Foils, Aluminium Lid Foils, Triple Laminates, Flexible Packaging for Pharma & Food Industries, also FMCG packaging materials. Business … Read more

Study Finds Up to 150 Million Consumers Are Potentially Credit-Eligible

A new TransUnion CIBIL study estimates that nearly 150 million consumers who are currently not credit active are potentially eligible to become retail credit borrowers. Tapping into this huge potential borrower market could provide significant growth opportunities for retail lenders and provide a major boost to the Indian economy. The study estimates that the total … Read more

Considering its FMGC prospects, Nakoda Group SME IPO is suitable for long-term investors

Nakoda Group of Industries Ltd. (NGIL) is engaged in manufacturing of tutti fruity (diced chelory) which is also called “Papaya Preserve” and canned fruit cubes that comes under the category of bakery products. It is also engaged in processing of almonds, trading of sesame seeds, clove, cutpeel murabba, karonda, daalchini and toor dal. Offer Details … Read more

Fixed interest investors should subscribe to DHFL’s high-rated debt offering

Dewan Housing Finance Corporation Ltd. (DHLF), is a deposit-taking housing finance company registered with the NHB and focused on providing financing products for the LMI segment in India primarily in Tier II and Tier III cities and towns. It has been active in the housing finance sector in India since 1984. The business DHFL provides … Read more