A 20-year-old independent India-focused alternative asset manager opens its Rs 550 crore mainboard issue on August 19 Gaja Alternative Asset Management Ltd. (GAAML) sits in a corner of Indian financial services that most retail investors have heard of but few own directly — alternative asset management. It runs Alternative Investment Funds (AIFs), invests capital raised … Read more
A three-decade-old B2B hand-crafted gold jewellery player opens its Rs 367.18 crore mainboard issue on August 18 — asset-light model, marquee customers like Kalyan and Joyalukkas A Mumbai-based B2B hand-crafted gold jewellery company plans to raise Rs 367.18 crore via a mainboard listing on BSE and NSE. Shankesh Jewellers Ltd. (SJL) sits at an interesting … Read more
The producer behind ‘The Kerala Story’, ‘Force’ and ‘Commando’ opens its Rs 282.14 crore mainboard issue on August 18 — high margins and a strong film slate, but declining revenue. A Mumbai-based film production house with credits including ‘The Kerala Story’, the ‘Force’ franchise and ‘Commando’ series plans to raise Rs 282.14 crore via a … Read more
India’s largest pure-play industrial and logistics infrastructure developer opens its Rs 2,600 crore mainboard issue on August 17 — Blackstone-backed scale, Fortune 500 customer base and a Canbank Securities ‘Subscribe’ call, but it’s a pure long-term story. Horizon Industrial Parks Ltd. (HIPL), a Blackstone-backed developer of Grade A warehouses, industrial facilities and in-city centres with … Read more
South India’s disruptor jewellery chain opens its Rs 1,700 crore mainboard issue on August 17 Lalithaa Jewellery Mart Ltd. (LJML), the operator of the ‘Lalithaa’ brand and one of the highest revenue-per-store organised jewellery players in India, opens for subscription on August 17 with the issue closing on August 19. Lalithaa Jewellery Mart Ltd. (LJML) … Read more
The mood at the start of this week is a constructive one. I am bullish on the economy, and the Prime Minister’s Independence Day address has only strengthened that view. In his speech, he announced a fresh set of growth measures for the Indian economy, and if these are carried through, they should keep the … Read more
One of India’s largest metal roll producers opens its Rs 301.62 crore mainboard issue on August 12 Behari Lal Engineering Ltd. (BLEL) sits at a specialised corner of the Indian iron and steel industry. It is not a bulk steel producer competing on tonnage — it is a customised engineering solutions company that makes precision-engineered … Read more
An electrical and electronics company that supplies wiring harnesses to nearly every major Indian two-wheeler and three-wheeler maker plans to raise Rs 3,066.89 crore via a mainboard listing on BSE and NSE. Dhoot Transmission Ltd. (DTL), a leader in wiring harnesses for the 2W, 3W and EV segments, opens for subscription on August 10 with … Read more
The maker of the Truenat point-of-care PCR platform opens its Rs 939.70 crore mainboard issue on August 10 — a rare Indian diagnostics story with global reach, and a WHO endorsement Molbio Diagnostics Ltd. (MDL), the developer of the Truenat portable PCR platform, opens for subscription on August 10 with the issue closing on August … Read more
Over the last two weeks, there has been a noticeable improvement in the market — both in the final week of July and the first week of August. The primary reason is that even as geopolitical tensions persist, there is no shortage of inflows into the market. The dollar is also hovering around 95, which … Read more