The 25-year-old Mumbai firm sells data and AI services to Fortune 500 companies. Now it wants Rs 2,834 crore from retail and institutional investors to fund its next chapter. Fractal’s business model is different. Fractal builds an AI model that monitors inventory across the entire network, classifies slow-moving items, identifies the root cause, and sends … 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
Asset-light delivery network targets expansion as quick commerce boom drives demand, but premium valuation and client concentration raise concerns for investors evaluating the three-day offering Shadowfax Technologies Ltd., one of India’s largest third-party logistics providers, is seeking to raise approximately Rs 1,907 crore through an initial public offering that opens January 20, 2026. The Bengaluru-based … Read more
Leading research houses recommend ‘Subscribe’ rating, citing compelling market opportunity and improving financials Amagi Media Labs’ Rs 1,789-crore initial public offering (IPO), currently open for subscription, has received some positive recommendations from leading brokerages which highlights its position in the rapidly growing media technology space and its recent turn to profitability. The Bengaluru-based software-as-a-service (SaaS) … Read more
Bengaluru-based SaaS firm to open book on Jan 14; targets ₹7,810 crore valuation despite losses Amagi Media Labs Ltd., India’s largest cloud-native broadcast technology provider, is set to launch its initial public offering on Tuesday, seeking to raise up to ₹1,789 crore ($214 million) as it rides the wave of streaming media’s explosive growth. The … Read more
Leading brokerages recommend ‘subscribe’ on the IPO citing strong market position, attractive valuations, and India’s growing steel demand, though caution on seasonal production risks Leading brokerages have issued positive recommendations on the Bharat Coking Coal Limited (BCCL) initial public offering, citing the company’s dominant market position, strong operational performance, and attractive valuation metrics. HDFC Securities … Read more
Motilal Oswal initiates coverage with ‘BUY’ rating as India’s largest broker tries to prove it’s more than a derivatives play Motilal Oswal just put out its first report on Groww after the company’s recent listing, and the numbers are eye-catching: they expect revenue to double from Rs 40.6 billion in FY25 to nearly Rs 80 … Read more
Unofficial traders are making huge pre-listing bets as retail investors chase listing gains, but the unregulated ecosystem of GMP is far from foolproof Every evening in Mumbai and Ahmedabad’s mobile streets, a peculiar ritual unfolds. Men huddle over mobile phones, scribbling numbers on scraps of paper, trading shares that don’t officially exist yet. Welcome to … Read more
Scores of IPOs have been hitting the markets over the last quarter, and Elin Electronics Ltd, one of India’s leading electronics manufacturing service providers, is also looking at tapping the markets with its IPO towards the fag-end of the year. Elin Electronics manufacturing of end-to-end product solutions for major lighting brands, including fans and kitchen … Read more
Financialisation of savings and greater participation of individuals in the capital market is expanding the capital market ecosystem, and Kfin Technologies could be the beneficiary. Further, savings tools like SIPs are also gaining ground. This should bode well for KfinTech. “The share of financial assets as a proportion of net household savings is expected to … Read more