Know Your IPO: Kasturi Metal Composite Eyes Rs 17.6 crore Through BSE SME Listing

Steel fiber manufacturer seeks funds for capacity expansion amid fluctuating profitability and heavy domestic market reliance Kasturi Metal Composite Ltd. (KMCL), a two-decade-old manufacturer of steel fiber products for industrial applications, is set to make its public market debut with a Rs 17.61 crore initial public offering on BSE’s SME platform. The Amravati, Maharashtra-based company … Read more

Hannah Joseph Hospitals BSE SME IPO: What the Numbers Reveal About a ₹159 Crore Valuation

A 150-hospital bed is now eyeing oncology for its next leg of growth, but will it pay off for new IPO investors? Hannah Joseph Hospitals Ltd. began as a focused neuroscience facility in Madurai, Tamil Nadu, establishing itself as a specialized provider of neurosurgery and neurology services. Over the years, the hospital expanded its scope, … Read more

BSE SME IPO: Shayona Engineering: A 22 person foundry seeks Rs 56 cr Valuation

Shayona Engineering Ltd. entered the customized casting business in 2010, carving out a niche in an industry where specialization typically trumps breadth. The company manufactures precision metal, rubber, and plastic parts across a wide weight spectrum—from components weighing just a few grams using lost wax investment casting to single-piece castings of up to 1,500 kilograms … Read more

A-1 Acid SME IPO Review (BSE): Is it investment worthy?

A-1 Acid Ltd. (A-1) is engaged in the business of trading of high quality industrial acid and chemicals. BUSINESS The company offers a wide range of chemical products which finds variety of applications in the industrial sector like chemical, textile, steel, aluminium, pesticides, fertilizers, intermediates, defence, metals and petro refineries. The company also provides transportation … Read more

Manorama Industries SME IPO (BSE SME): Should you invest?

Manorama Industries Ltd. (MIL) is engaged in manufacturing, processing and supply of exotic and specialty fats. BUSINESS The company produces oils like sal butter, sal fat, sal oil, sal stearine, sal olein, mango butter, mango fat, mango oil, mango stearine, kokum butter, kokum oil, mowrah fat, and several valu-eadded tailor made products. Currently, MIL is … Read more

Mac Hotels SME IPO Review (BSE): Is this a good investment?

Mac Hotels Ltd. (MHL) is the subsidiary company of Hotel Miramar Comfort Private Limited which holds 88.27% of equity shares as on date of this company’s prospectus. BUSINESS The company is primarily engaged in the business of owning, operating and managing hotels, restaurants and resorts in Goa since the last he 25 years. MHL’s Hotels and … Read more

Sky Gold SME IPO Review (BSE): Should you invest in this firm?

Sky Gold Ltd. (SGL) is engaged in the business of designing, manufacturing and marketing of gold jewelleries since its incorporation. BUSINESS It mainly deals in 22 Karat gold jewellery, offering a wide variety of designs to suit preferences of the end customer. Company provides an extensive range of designs and also uses studded American diamonds … Read more

Rajshree Polypack SME IPO (NSE): Is the issue priced attractively?

Rajshree Polypack Ltd. (RPPL) that entered in plastic packaging products a decade back is now one of the leaders in manufacturing of rigid plastic sheets and thermoformed packaging products (As per CARE Advisory Report – July 2018). BUSINESS The company manufactures customized plastic thermoformed packaging products which are tailored to the client’s requirements for products … Read more

Ahlada Engineers SME IPO Review (NSE): Should you invest?

Ahlada Engineers Ltd. (AEL) started commercial operations in February 2006 manufacturing cleanroom equipment and furniture. BUSINESS In 2008, it started manufacturing steel doors which catered to the then existing customers of cleanroom equipment and furniture. Gradually company started expanding the customer base for products manufactured to healthcare, entertainment and real estate vertical. During these years, … Read more

Sumit Woods SME IPO Review NSE (NSE): Is this an issue that is worth subscribing?

Sumit Woods Ltd. (SWL) that started civil construction business in Goa as a partnership firm is now converted into a public limited company. BUSINESS It has executed projects for Modern Bread, Railway Officers and Government Holiday Homes. Currently SWL is engaged in constructions of residential buildings, re-development and SRA area developing. It has already completed … Read more