Sat Kartar Shopping IPO GMP Rs25
Expected Listing gain 31%
Expected Listing gain 31%
IPO INFO
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IPO INFO (English)
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IPO INFO
10 Jan, 11:55
Sat Kartar Shopping SME IPO Activity Date
Basis of Allotment Date* 15th Jan 2025
Refunds Initiation* 16th Jan 2025
Credit of Shares to Demat* 16th Jan 2025
SME IPO Listing Date* 17th Jan 2025
Basis of Allotment Date* 15th Jan 2025
Refunds Initiation* 16th Jan 2025
Credit of Shares to Demat* 16th Jan 2025
SME IPO Listing Date* 17th Jan 2025
IPO INFO
10 Jan, 07:47
Sat Kartar Shopping SME IPO Details
🗓️Date : 10th Jan - 14th Jan,2025
🏷️Price Band : ₹81
📦Market Lot : 1600 Shares
💰Appl Amt : ₹129600
📏Size : ₹ 33.8Crs
👦Retail Portion : 35%
📃 Retail Form : 1600
📄HNI Big Form : 3200
🏷️Face Value : ₹10
Recommended ✅
🗓️Date : 10th Jan - 14th Jan,2025
🏷️Price Band : ₹81
📦Market Lot : 1600 Shares
💰Appl Amt : ₹129600
📏Size : ₹ 33.8Crs
👦Retail Portion : 35%
📃 Retail Form : 1600
📄HNI Big Form : 3200
🏷️Face Value : ₹10
Recommended ✅
IPO INFO
10 Jan, 06:06
Sat Kartar Shopping SME IPO Objective
The objects of the Issue are: -
👉To meet the expenses of Unidentified Acquisition (In India or Abroad)
👉To meet the expenses, Marketing and Advertisement
👉To meet the Capital Expenditure
👉To meet the expenditure on Investment in Technology
👉To meet out the General Corporate Purposes; and
👉To meet out the Issue Expenses.
The objects of the Issue are: -
👉To meet the expenses of Unidentified Acquisition (In India or Abroad)
👉To meet the expenses, Marketing and Advertisement
👉To meet the Capital Expenditure
👉To meet the expenditure on Investment in Technology
👉To meet out the General Corporate Purposes; and
👉To meet out the Issue Expenses.
IPO INFO
10 Jan, 05:34
Sat Kartar Shopping SME IPO Strengths
🌟Emerging brand with PAN India presence
🌟Asset light business model
🌟Strong digital media presence
🌟Strong in-house research and development
🌟Well-structured logistic process
🌟Emerging brand with PAN India presence
🌟Asset light business model
🌟Strong digital media presence
🌟Strong in-house research and development
🌟Well-structured logistic process
IPO INFO
10 Jan, 04:47
ISSUE DETAILS
The company is coming out with its maiden book building route IPO of 4172800 equity shares of Rs. 10 each to mobilize Rs. 33.80 cr. at the upper cap. It has announced a price band of Rs. 77 – Rs. 81 per share. The issue opens for subscription on January 10, 2025, and will close on January 14, 2025. The minimum number of shares to be applied is for 1600 shares and in multiples thereon, thereafter. Post allotment, shares will be listed on NSE SME Emerge. The issue constitutes 26.50% of the post-IPO paid-up capital of the company. From the net proceeds of the IPO, the company will utilize Rs. 5.00 cr. for unidentified acquisition, Rs. 11.00 cr. marketing and advertising, Rs. 8.00 cr. for capex, Rs. 5.00 cr. for investment in technology, and the rest for general corporate purposes.
The IPO is solely lead managed by Narnolia Financial Services Ltd., and Skyline Financial Services Pvt. Ltd., is the registrar to the issue. Prabhat Financial Services Ltd., is the Market Maker for the company.
Having issued initial equity shares at par value, the company issued further equity shares in the price range of Rs. 77 – Rs. 215 per share between March 2014, and May 2024. It has also issued bonus shares in the ratio of 6for 1 in March 2022, 3 for 1 in February 2024, and 3 for 1 in June 2024. The average cost of acquisition of shares by the promoters is Rs. 0.25, Rs. 0.63, Rs. 2.27, and Rs. 53.75 per share.
Post-IPO, company’s current paid-up equity capital of Rs. 11.57 cr. will stand enhanced to Rs. 15.74 cr. Based on the upper price band of the IPO, the company is looking for a market cap of Rs. 127.53 cr.
The company is coming out with its maiden book building route IPO of 4172800 equity shares of Rs. 10 each to mobilize Rs. 33.80 cr. at the upper cap. It has announced a price band of Rs. 77 – Rs. 81 per share. The issue opens for subscription on January 10, 2025, and will close on January 14, 2025. The minimum number of shares to be applied is for 1600 shares and in multiples thereon, thereafter. Post allotment, shares will be listed on NSE SME Emerge. The issue constitutes 26.50% of the post-IPO paid-up capital of the company. From the net proceeds of the IPO, the company will utilize Rs. 5.00 cr. for unidentified acquisition, Rs. 11.00 cr. marketing and advertising, Rs. 8.00 cr. for capex, Rs. 5.00 cr. for investment in technology, and the rest for general corporate purposes.
The IPO is solely lead managed by Narnolia Financial Services Ltd., and Skyline Financial Services Pvt. Ltd., is the registrar to the issue. Prabhat Financial Services Ltd., is the Market Maker for the company.
Having issued initial equity shares at par value, the company issued further equity shares in the price range of Rs. 77 – Rs. 215 per share between March 2014, and May 2024. It has also issued bonus shares in the ratio of 6for 1 in March 2022, 3 for 1 in February 2024, and 3 for 1 in June 2024. The average cost of acquisition of shares by the promoters is Rs. 0.25, Rs. 0.63, Rs. 2.27, and Rs. 53.75 per share.
Post-IPO, company’s current paid-up equity capital of Rs. 11.57 cr. will stand enhanced to Rs. 15.74 cr. Based on the upper price band of the IPO, the company is looking for a market cap of Rs. 127.53 cr.
IPO INFO
10 Jan, 04:16
Sat Kartar Shopping Ltd Company Research Report
Sat Kartar Shopping Ltd is an Ayurveda healthcare company committed to providing natural wellness solutions relating to specific therapeutic areas and general lifestyle products, committed to promote a healthier lifestyle. It integrates traditional Ayurvedic knowledge with modern research to empower individuals to adopt healthier lifestyles. With a strong market presence and a diverse product portfolio, the company focuses on innovation and responsive product development. Initially, the company offered both Ayurveda and spiritual product lines. However, it has strategically refined focus to specialize exclusively in Ayurveda, establishing itself as a dedicated player in this sector and emphasizing quality and effectiveness in holistic wellness offerings.
There is a growing interest among consumers in natural and organic products, driven by a desire for effective alternatives to conventional medicine. Although the market remains diverse, with varying levels of product quality and standardization, SKSL sees a significant opportunity to strengthen its position in the Ayurveda healthcare sector by addressing the increasing demand for high-quality natural wellness products. In order to meet this demand, and with a mission to encourage and support a healthier lifestyle for customers, it caters directly to individual consumers, providing them with holistic, natural remedies and lifestyle products rooted in traditional Ayurveda practices. The Company operates in D2C (Direct-to-Consumer) segment, selling Ayurveda products directly to consumer through own D2C website and third-party e-commerce websites, TV marketing and Google and Meta Applications.
The company operates under a strategic contract manufacturing model, which allows it to concentrate on high-value activities like product innovation, branding, marketing, and distribution. By partnering with trusted third-party manufacturers, it leverages their expertise and resources while maintaining control over formulations and ensuring quality through comprehensive agreements. This approach allows it to connect directly with customers and enhance their experience through streamlined delivery and effective feedback integration.
SKSL’s product development is guided by a deep understanding of market demand, traditional Ayurveda principles, and modern wellness insights. This commitment enables it to create a product range that is both authentic and innovative, addressing the evolving needs of customers. Its primary focus is on directly serving end consumers rather than engaging any intermediaries/ middlemen or other businesses.
The Ayurvedic solutions it present through products are derived from the Charak Samhita, an old Ayurvedic treatise recognized for delivering comprehensive insights and cures for numerous health and lifestyle difficulties, as well as wisdom that echoes in the Indian government's recent initiatives like the National Ayush Mission (NAM), which promotes research and education in Ayurveda. Furthermore, the Rashtriya Ayurveda Vidhyapeeth preserves and transmits this ancient knowledge to future generations. These efforts, when aligned with the timeless principles of Charak Samhita, pave the way for a future where Ayurveda plays an even greater role in promoting health and harmony in India and abroad. As of November 30, 2024, it had overall 1122 employees on its payroll for various departments.
Sat Kartar Shopping Ltd is an Ayurveda healthcare company committed to providing natural wellness solutions relating to specific therapeutic areas and general lifestyle products, committed to promote a healthier lifestyle. It integrates traditional Ayurvedic knowledge with modern research to empower individuals to adopt healthier lifestyles. With a strong market presence and a diverse product portfolio, the company focuses on innovation and responsive product development. Initially, the company offered both Ayurveda and spiritual product lines. However, it has strategically refined focus to specialize exclusively in Ayurveda, establishing itself as a dedicated player in this sector and emphasizing quality and effectiveness in holistic wellness offerings.
There is a growing interest among consumers in natural and organic products, driven by a desire for effective alternatives to conventional medicine. Although the market remains diverse, with varying levels of product quality and standardization, SKSL sees a significant opportunity to strengthen its position in the Ayurveda healthcare sector by addressing the increasing demand for high-quality natural wellness products. In order to meet this demand, and with a mission to encourage and support a healthier lifestyle for customers, it caters directly to individual consumers, providing them with holistic, natural remedies and lifestyle products rooted in traditional Ayurveda practices. The Company operates in D2C (Direct-to-Consumer) segment, selling Ayurveda products directly to consumer through own D2C website and third-party e-commerce websites, TV marketing and Google and Meta Applications.
The company operates under a strategic contract manufacturing model, which allows it to concentrate on high-value activities like product innovation, branding, marketing, and distribution. By partnering with trusted third-party manufacturers, it leverages their expertise and resources while maintaining control over formulations and ensuring quality through comprehensive agreements. This approach allows it to connect directly with customers and enhance their experience through streamlined delivery and effective feedback integration.
SKSL’s product development is guided by a deep understanding of market demand, traditional Ayurveda principles, and modern wellness insights. This commitment enables it to create a product range that is both authentic and innovative, addressing the evolving needs of customers. Its primary focus is on directly serving end consumers rather than engaging any intermediaries/ middlemen or other businesses.
The Ayurvedic solutions it present through products are derived from the Charak Samhita, an old Ayurvedic treatise recognized for delivering comprehensive insights and cures for numerous health and lifestyle difficulties, as well as wisdom that echoes in the Indian government's recent initiatives like the National Ayush Mission (NAM), which promotes research and education in Ayurveda. Furthermore, the Rashtriya Ayurveda Vidhyapeeth preserves and transmits this ancient knowledge to future generations. These efforts, when aligned with the timeless principles of Charak Samhita, pave the way for a future where Ayurveda plays an even greater role in promoting health and harmony in India and abroad. As of November 30, 2024, it had overall 1122 employees on its payroll for various departments.
IPO INFO
10 Jan, 02:32
Standard Glass Lining Technology Limited IPO Allotment out
👇👇
https://kosmic.kfintech.com/ipostatus/
👇👇
https://kosmic.kfintech.com/ipostatus/
IPO INFO
09 Jan, 13:39
Quadrant Future Tek IPO Allotment Chances
Retail: 1 out of 203
SHNI: 1 out of 240
BHNI: 1 out of 50
Retail: 1 out of 203
SHNI: 1 out of 240
BHNI: 1 out of 50
IPO INFO
09 Jan, 10:30
Delta Autocorp SME IPO Activity Date
Basis of Allotment Date* 10th Jan 2025
Refunds Initiation* 13th Jan 2025
Credit of Shares to Demat* 13th Jan 2025
SME IPO Listing Date* 14th Jan 2025
Basis of Allotment Date* 10th Jan 2025
Refunds Initiation* 13th Jan 2025
Credit of Shares to Demat* 13th Jan 2025
SME IPO Listing Date* 14th Jan 2025
IPO INFO
09 Jan, 08:33
Delta Autocorp SME IPO Details
🗓️Date : 7th Jan - 9th Jan,2025
🏷️Price Band : ₹130
📦Market Lot : 1000 Shares
💰Appl Amt : ₹130000
📏Size : ₹ 54.6Crs
👦Retail Portion : 35%
📃 Retail Form : 1000
📄HNI Big Form : 2000
🏷️Face Value : ₹10
Recommended ✅
🗓️Date : 7th Jan - 9th Jan,2025
🏷️Price Band : ₹130
📦Market Lot : 1000 Shares
💰Appl Amt : ₹130000
📏Size : ₹ 54.6Crs
👦Retail Portion : 35%
📃 Retail Form : 1000
📄HNI Big Form : 2000
🏷️Face Value : ₹10
Recommended ✅
IPO INFO
09 Jan, 06:32
Business strategy:
🌟New Product Development Philosophy
🌟Network Expansion
🌟Branding and Marketing
🌟Strategic Tie Ups with Government
🌟Deltic Service Center
🌟New Product Development Philosophy
🌟Network Expansion
🌟Branding and Marketing
🌟Strategic Tie Ups with Government
🌟Deltic Service Center
IPO INFO
09 Jan, 05:36
Risk Factors
• Risk of Defective Electric Vehicles Impacting Brand, Reputation, and Legal Liabilities
• Dependence ondistribution network for sales
• Dependent onthirdparties for our transportation needs
• General slowdown in the economy
• Competition
• Risk of Defective Electric Vehicles Impacting Brand, Reputation, and Legal Liabilities
• Dependence ondistribution network for sales
• Dependent onthirdparties for our transportation needs
• General slowdown in the economy
• Competition
IPO INFO
09 Jan, 05:08
Key competitive strengths:
• Diversified product range
• Customer Centric Approach
• InhouseResearch and Development of Products
• Cracking the distribution model
• Tapping into the mass premium segment
• QualityStandard Certifications & Quality Tests
• Experienced promoters and senior management team
• Diversified product range
• Customer Centric Approach
• InhouseResearch and Development of Products
• Cracking the distribution model
• Tapping into the mass premium segment
• QualityStandard Certifications & Quality Tests
• Experienced promoters and senior management team
IPO INFO
09 Jan, 04:15
Delta Autocorp Limited IPO Company Research Report
In 2016, Delta Autocorp Limited was founded as "Delta Autocorp LLP" and changed its name to a public limited company in 2024. Its primary business is the production and distribution of electric two- and three-wheelers. Prioritizing electric three-wheelers initially, they introduced their first E-rickshaw in 2017 with a range of more than 150 kilometers. In response to consumer demand, they entered the electric 2-wheeler industry in 2019 and released their initial model, which was followed by fashionable, robust, and reasonably priced 2- tier and 3-tier scooters. Working mostly in the B2B market, the Company has established a strong distribution network with more than 250 partners.
a manufacturer and seller of 2W & 3W EVs, is coming up with an IPO to raise around Rs. 51.66– 54.60cr. The price band is Rs. 123- 130 per share. • The IPO is a fresh issue of Rs. 50.544cr. From the fresh issue net proceeds, the company will be utilizing Rs. 4.42cr for Funding of Expenditure towards Setting up an Electric Three-Wheeler Fabrication Plant & Painting Plant, Rs. 21.32cr for Investment in New Product Development, and Rs. 11.46cr for Funding of working capital requirement. Residual proceeds will be used for general corporate purposes. • One of the promoter shareholders is participating in the OFS and is offloading 0.031cr equity shares. Post-IPO, the P&PG and public shareholders will have 70.73% and 29.27% stake in the company, respectively.
DAL is coming up with an IPO with 0.420cr shares (fresh issue: 0.389cr shares; OFS shares: 0.031cr shares) in offering. This offer represents 27.47% of the post-issue paid-up equity shares of the company. Total IPO size is Rs. 51.66– 54.60 Cr. • Theissue is through bookbuilding process with a price band of Rs. 123- 130 per share. • Lotsize comprises of 1,000 equity shares and in-multiple of 1,000 shares thereafter. • Theissue will open on 07th Jan. 2025 and close on 09th Jan. 2025. • The IPO is a fresh issue of Rs. 50.544cr. From the fresh issue net proceeds, the company will be utilizing Rs. 4.42cr for Funding of Expenditure towards Setting up an Electric Three-Wheeler Fabrication Plant & Painting Plant, Rs. 21.32cr for Investment in New Product Development, and Rs. 11.46cr for Funding of working capital requirement. Residual proceeds will be used for general corporate purposes. • One of the promoter shareholders is participating in the OFS and is offloading 0.031cr equity shares. Post-IPO, the P&PG and public shareholders will have 70.73% and 29.27% stake in the company, respectively. • 50%ofthe net issue is reserved for qualified institutional buyers, while 15% and 35% of the net issue is reserved for non-institutional bidders and retail investors, respectively.
In 2016, Delta Autocorp Limited was founded as "Delta Autocorp LLP" and changed its name to a public limited company in 2024. Its primary business is the production and distribution of electric two- and three-wheelers. Prioritizing electric three-wheelers initially, they introduced their first E-rickshaw in 2017 with a range of more than 150 kilometers. In response to consumer demand, they entered the electric 2-wheeler industry in 2019 and released their initial model, which was followed by fashionable, robust, and reasonably priced 2- tier and 3-tier scooters. Working mostly in the B2B market, the Company has established a strong distribution network with more than 250 partners.
a manufacturer and seller of 2W & 3W EVs, is coming up with an IPO to raise around Rs. 51.66– 54.60cr. The price band is Rs. 123- 130 per share. • The IPO is a fresh issue of Rs. 50.544cr. From the fresh issue net proceeds, the company will be utilizing Rs. 4.42cr for Funding of Expenditure towards Setting up an Electric Three-Wheeler Fabrication Plant & Painting Plant, Rs. 21.32cr for Investment in New Product Development, and Rs. 11.46cr for Funding of working capital requirement. Residual proceeds will be used for general corporate purposes. • One of the promoter shareholders is participating in the OFS and is offloading 0.031cr equity shares. Post-IPO, the P&PG and public shareholders will have 70.73% and 29.27% stake in the company, respectively.
DAL is coming up with an IPO with 0.420cr shares (fresh issue: 0.389cr shares; OFS shares: 0.031cr shares) in offering. This offer represents 27.47% of the post-issue paid-up equity shares of the company. Total IPO size is Rs. 51.66– 54.60 Cr. • Theissue is through bookbuilding process with a price band of Rs. 123- 130 per share. • Lotsize comprises of 1,000 equity shares and in-multiple of 1,000 shares thereafter. • Theissue will open on 07th Jan. 2025 and close on 09th Jan. 2025. • The IPO is a fresh issue of Rs. 50.544cr. From the fresh issue net proceeds, the company will be utilizing Rs. 4.42cr for Funding of Expenditure towards Setting up an Electric Three-Wheeler Fabrication Plant & Painting Plant, Rs. 21.32cr for Investment in New Product Development, and Rs. 11.46cr for Funding of working capital requirement. Residual proceeds will be used for general corporate purposes. • One of the promoter shareholders is participating in the OFS and is offloading 0.031cr equity shares. Post-IPO, the P&PG and public shareholders will have 70.73% and 29.27% stake in the company, respectively. • 50%ofthe net issue is reserved for qualified institutional buyers, while 15% and 35% of the net issue is reserved for non-institutional bidders and retail investors, respectively.
IPO INFO
08 Jan, 15:46
Fabtech SME IPO Allotment Out
👇
Https://maashitla.com/allotment-status/public-issues
👇
Https://maashitla.com/allotment-status/public-issues
IPO INFO
08 Jan, 13:49
⚗️ Standard Glass Lining Technology IPO Allotment Chances
Retail: 1 out of 53
SHNI: 1 out of 210
BHNI: 1 out of 60
Retail Applications : 49.5 L Approx
SHNI Applications : 2.1 L Approx
BHNI Applications : 1.2 L Approx
Retail: 1 out of 53
SHNI: 1 out of 210
BHNI: 1 out of 60
Retail Applications : 49.5 L Approx
SHNI Applications : 2.1 L Approx
BHNI Applications : 1.2 L Approx
IPO INFO
08 Jan, 11:44
Quadrant Future Tek IPO Activity Date
Basis of Allotment Date* 10th Jan 2025
Refunds Initiation* 13th Jan 2025
Credit of Shares to Demat* 13th Jan 2025
IPO Listing Date* 14th Jan 2025
Basis of Allotment Date* 10th Jan 2025
Refunds Initiation* 13th Jan 2025
Credit of Shares to Demat* 13th Jan 2025
IPO Listing Date* 14th Jan 2025
IPO INFO
08 Jan, 08:48
Quadrant Future Tek Limited IPO
🗓️Date : 7 - 9 Jan ,2025
🏷️Price Band : ₹275- ₹290
📦Market Lot : 50 Shares
💰Appl Amt : ₹14,500
📏Size : ₹290 Cr Approx
👦Retail Portion 10%
📃 Retail Form : 20,000
📄HNI Small Form : 714
📄HNI Big Form : 1,429
🏷️Face Value : ₹10
Recommended ✅✅✅
🗓️Date : 7 - 9 Jan ,2025
🏷️Price Band : ₹275- ₹290
📦Market Lot : 50 Shares
💰Appl Amt : ₹14,500
📏Size : ₹290 Cr Approx
👦Retail Portion 10%
📃 Retail Form : 20,000
📄HNI Small Form : 714
📄HNI Big Form : 1,429
🏷️Face Value : ₹10
Recommended ✅✅✅
IPO INFO
08 Jan, 06:33
RISK FACTORS
Their company experienced litigation among promoters over the removal of board members due to a conflict of interest with International Switchgears Private Limited. The dispute escalated to NCLT but was resolved amicably through a settlement agreement. However, there is no assurance that similar issues won’t arise, potentially affecting business operations. • Historically, a dispute arose among the four promoter groups regarding International Switchgears Private Limited's competing activities and alleged misuse of their Company’s technical know-how. • This led to proceedings for board member removal and a petition in NCLT. Following multiple hearings, the dispute was resolved through a Settlement Agreement on February 1, 2023. • Additionally, a Non-Compete Agreement was signed on October 21, 2024, restricting promoters from engaging in competing businesses. • Despite these measures, future conflicts of interest may arise, potentially impacting their business operations. One Company, along with Vivek Abrol, Promoter & Director of their Company and Mohan Krishan Abrol have filed a settlement application under the Securities and Exchange Board of India (Settlement Proceedings) Regulations, 2018 for delayed compliance under Regulation 54 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. Any adverse outcome of such settlement application may impact their reputation. • On September 12, 2024, Vivek Abrol received a transfer of 4,00,000 equity shares of face value ₹ 10 each of their Company as a gift from Mohan Krishan Abrol, his father, for nil consideration. • In terms of Regulation 54 of the SEBI ICDR Regulations, all transactions in securities by the promoter and promoter group between the date of filing of the draft offer document and the date of closure of the issue shall be reported to the stock exchange(s) by the Issuer Company, within twenty-four hours of such transactions. • The fact of the transfer was informed to the Company by Vivek Abrol vide his letter dated October 14, 2024, and the same was informed to the stock exchanges on the same date.
Their company experienced litigation among promoters over the removal of board members due to a conflict of interest with International Switchgears Private Limited. The dispute escalated to NCLT but was resolved amicably through a settlement agreement. However, there is no assurance that similar issues won’t arise, potentially affecting business operations. • Historically, a dispute arose among the four promoter groups regarding International Switchgears Private Limited's competing activities and alleged misuse of their Company’s technical know-how. • This led to proceedings for board member removal and a petition in NCLT. Following multiple hearings, the dispute was resolved through a Settlement Agreement on February 1, 2023. • Additionally, a Non-Compete Agreement was signed on October 21, 2024, restricting promoters from engaging in competing businesses. • Despite these measures, future conflicts of interest may arise, potentially impacting their business operations. One Company, along with Vivek Abrol, Promoter & Director of their Company and Mohan Krishan Abrol have filed a settlement application under the Securities and Exchange Board of India (Settlement Proceedings) Regulations, 2018 for delayed compliance under Regulation 54 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. Any adverse outcome of such settlement application may impact their reputation. • On September 12, 2024, Vivek Abrol received a transfer of 4,00,000 equity shares of face value ₹ 10 each of their Company as a gift from Mohan Krishan Abrol, his father, for nil consideration. • In terms of Regulation 54 of the SEBI ICDR Regulations, all transactions in securities by the promoter and promoter group between the date of filing of the draft offer document and the date of closure of the issue shall be reported to the stock exchange(s) by the Issuer Company, within twenty-four hours of such transactions. • The fact of the transfer was informed to the Company by Vivek Abrol vide his letter dated October 14, 2024, and the same was informed to the stock exchanges on the same date.
IPO INFO
08 Jan, 06:07
COMPETITIVE STRENGTHS OF THE COMPANY
They have in-house design and product development capabilities powering their Rail Signalling Products & Solutions. • The focus of the Indian Railways is to increase the capacity utilization of existing assets, including rolling stock, track infrastructure, traction power, and signalling & telecommunications. By increasing the Train speeds, more passenger & cargo trains can be run on the same infrastructure which may help Indian Railways to improve its revenues and profitability, reduce passenger travel time & enhance passenger travel experience. • Achieving safety over high-speed and high-density rail networks of Indian Railways makes it imperative to implement Automatic Train Protection systems such as Train Collision Avoidance Systems to prevent dangerous train collisions caused by human errors or limitations and equipment failures by providing an additional layer of enhanced safety in the operations. Unique technology for the manufacture of cables that meets the stringent requirements for multiple industries, namely Railways, Naval Defence, Renewable Energy & Electric Vehicle sectors. • They offer a wide range of speciality cables for railways as well as the defence sector. They have a range of speciality cables meeting the requirements of their customers where Fire & Safety, Light Weight & Long-Term performance are of utmost importance. • They believe that offering high-quality products and operational execution focused on continual improvement supports their ability to offer a wide range of products for varied applications.
They have in-house design and product development capabilities powering their Rail Signalling Products & Solutions. • The focus of the Indian Railways is to increase the capacity utilization of existing assets, including rolling stock, track infrastructure, traction power, and signalling & telecommunications. By increasing the Train speeds, more passenger & cargo trains can be run on the same infrastructure which may help Indian Railways to improve its revenues and profitability, reduce passenger travel time & enhance passenger travel experience. • Achieving safety over high-speed and high-density rail networks of Indian Railways makes it imperative to implement Automatic Train Protection systems such as Train Collision Avoidance Systems to prevent dangerous train collisions caused by human errors or limitations and equipment failures by providing an additional layer of enhanced safety in the operations. Unique technology for the manufacture of cables that meets the stringent requirements for multiple industries, namely Railways, Naval Defence, Renewable Energy & Electric Vehicle sectors. • They offer a wide range of speciality cables for railways as well as the defence sector. They have a range of speciality cables meeting the requirements of their customers where Fire & Safety, Light Weight & Long-Term performance are of utmost importance. • They believe that offering high-quality products and operational execution focused on continual improvement supports their ability to offer a wide range of products for varied applications.
IPO INFO
08 Jan, 05:46
Railways
• The railway sector is consistently evolving. Railways are one of the key consumer segments in the speciality cable industry. Wherein, speciality cables are used in signalling and control systems, power supply and communication systems. • Among the rail transit cables, speciality cables with DC tractions, flame-retardant, fire-resistance, green environment friendly and self-temperature control cables are used in railway construction.
KAVACH
Automated Train Protection (ATP) System • The Union Ministry of Railways is set to accelerate the deployment of Kavach 4.0, an indigenous anti-collision system, by issuing tenders for its installation in 20,000 locomotives. • Two bulk tenders for 10,000 locomotives each are expected soon, with one closing by October 2024. The goal is to cover all geographical areas and locomotive types within four years, with new locomotives already coming equipped with Kavach 4.0. • Tenders have also been issued for Kavach installation on major railway sections, including the Delhi-Chennai and Mumbai-Chennai routes (3,300 Rkm), as well as 5,000 Rkm of automatic sections. Additionally, a plan is in place to implement Kavach at 8,000 stations to enhance communication between trains and stations, further improving safety.
Indian Railways targets to Implement Kavach across 44,000 km by the year 2029. • In her interim budget for fiscal 2024-25, Finance Minister Nirmala Sitharaman allocated ₹2.55 lakh crore to Indian Railways, a 5.8% increase from the ₹2.41 lakh crore for fiscal 2023-24. • The revised estimates for 2023-24 stood at ₹2.43 lakh crore, highlighting a strong commitment to strengthening railway infrastructure. As part of these efforts, Sitharaman announced the conversion of 40,000 regular rail bogies to Vande Bharat standards to enhance passenger experience, improve speeds, and reduce travel time.
Indian Train Control System Industry • India has a wide track length of over 1,28,305 km as of March 2022. Despite, such an extensive railway network, the legacy signalling and safety solutions have outlasted their useful lives. Even though, the landmass of the railway network increases, the concerns related to achieving a higher operating ratio and increasing accidents need careful attention. • In FY23, 48 train accidents were reported which included 36 derailment cases, 6 collisions and 4 fire accidents. This marks an increase in accidents compared to the previous year FY22 (34 accidents). Such a situation alarms a need to focus on more contemporary solutions in signalling and train management as well as control.
• The railway sector is consistently evolving. Railways are one of the key consumer segments in the speciality cable industry. Wherein, speciality cables are used in signalling and control systems, power supply and communication systems. • Among the rail transit cables, speciality cables with DC tractions, flame-retardant, fire-resistance, green environment friendly and self-temperature control cables are used in railway construction.
KAVACH
Automated Train Protection (ATP) System • The Union Ministry of Railways is set to accelerate the deployment of Kavach 4.0, an indigenous anti-collision system, by issuing tenders for its installation in 20,000 locomotives. • Two bulk tenders for 10,000 locomotives each are expected soon, with one closing by October 2024. The goal is to cover all geographical areas and locomotive types within four years, with new locomotives already coming equipped with Kavach 4.0. • Tenders have also been issued for Kavach installation on major railway sections, including the Delhi-Chennai and Mumbai-Chennai routes (3,300 Rkm), as well as 5,000 Rkm of automatic sections. Additionally, a plan is in place to implement Kavach at 8,000 stations to enhance communication between trains and stations, further improving safety.
Indian Railways targets to Implement Kavach across 44,000 km by the year 2029. • In her interim budget for fiscal 2024-25, Finance Minister Nirmala Sitharaman allocated ₹2.55 lakh crore to Indian Railways, a 5.8% increase from the ₹2.41 lakh crore for fiscal 2023-24. • The revised estimates for 2023-24 stood at ₹2.43 lakh crore, highlighting a strong commitment to strengthening railway infrastructure. As part of these efforts, Sitharaman announced the conversion of 40,000 regular rail bogies to Vande Bharat standards to enhance passenger experience, improve speeds, and reduce travel time.
Indian Train Control System Industry • India has a wide track length of over 1,28,305 km as of March 2022. Despite, such an extensive railway network, the legacy signalling and safety solutions have outlasted their useful lives. Even though, the landmass of the railway network increases, the concerns related to achieving a higher operating ratio and increasing accidents need careful attention. • In FY23, 48 train accidents were reported which included 36 derailment cases, 6 collisions and 4 fire accidents. This marks an increase in accidents compared to the previous year FY22 (34 accidents). Such a situation alarms a need to focus on more contemporary solutions in signalling and train management as well as control.
IPO INFO
08 Jan, 05:19
Quadrant Future Tek IPO Strengths
🌟Innovation and technological development for building Automatic Train Protection System
🌟Advanced manufacturing facilities with focus on innovation and cost competitiveness
🌟Domain expertise of Signalling and Train controls
🌟In-house design and product development capabilities
🌟Product Engineering and critical system engineering
🌟Experienced promoters and managers
🌟Innovation and technological development for building Automatic Train Protection System
🌟Advanced manufacturing facilities with focus on innovation and cost competitiveness
🌟Domain expertise of Signalling and Train controls
🌟In-house design and product development capabilities
🌟Product Engineering and critical system engineering
🌟Experienced promoters and managers
IPO INFO
08 Jan, 04:38
Objects of the Offer
🌟Funding long-term working capital requirements of the Company upto 149.72Cr
🌟Capital expenditure for the development of Electronic Interlocking System Estimated utilization from Net Proceeds upto 24.37Cr
🌟Prepayment or repayment of all or a portion of outstanding working capital term loan availed by the Company upto 23.61Cr
🌟General corporate purposes.
🌟Funding long-term working capital requirements of the Company upto 149.72Cr
🌟Capital expenditure for the development of Electronic Interlocking System Estimated utilization from Net Proceeds upto 24.37Cr
🌟Prepayment or repayment of all or a portion of outstanding working capital term loan availed by the Company upto 23.61Cr
🌟General corporate purposes.
IPO INFO
08 Jan, 03:50
Quadrant Future Tek Limited IPO Research Report
Quadrant Future Tek Limited
was incorporated as ‘Quadrant Cables Pvt. Ltd’ on September 18, 2015, in Mohali, Punjab. The name of the company was changed to ‘Quadrant Future Tek Pvt. Ltd’, in October 2021 and Subsequently changed to ‘Quadrant Future Tek Limited’ on conversion to a public limited company. Quadrant is a research-oriented company, engaged in developing new generation Train Control and Signalling Systems under the KAVACH project of the Indian Railways that offers the highest level of safety and reliability to rail passengers and also possesses a Speciality cable manufacturing facility with an Electron Beam Irradiation Centre. The speciality cables manufactured by their Company are used in the Railways rolling stock and the Naval (Defence) industry. Their facility also possesses end-to-end infrastructure capabilities for the production of Solar & EV Cables. For the Speciality Cable division, their Company had an installed capacity of 1,887.60 metric tonnes as on September 30, 2024, 1,887.60 metric tonnes as on March 31, 2024, 1,638.00 metric tonnes as on March 31, 2023 and 1,500.72 metric tonnes as on March 31, 2022, which was utilised at a capacity of 25.03% (not annualised), 49.42%, 54.26% and 57.62% respectively. Their Company has one facility for manufacturing, testing, researching, and developing speciality cables and also for manufacturing the hardware required for the Train Control & Signalling Division, which is situated at Village Basma Tehsil Banur, Distt Mohali. As of October 31, 2024, the company had 295 employees at its manufacturing facility, Railway Signalling & Embedded System Design centre and corporate function.
Quadrant Future Tek Limited
was incorporated as ‘Quadrant Cables Pvt. Ltd’ on September 18, 2015, in Mohali, Punjab. The name of the company was changed to ‘Quadrant Future Tek Pvt. Ltd’, in October 2021 and Subsequently changed to ‘Quadrant Future Tek Limited’ on conversion to a public limited company. Quadrant is a research-oriented company, engaged in developing new generation Train Control and Signalling Systems under the KAVACH project of the Indian Railways that offers the highest level of safety and reliability to rail passengers and also possesses a Speciality cable manufacturing facility with an Electron Beam Irradiation Centre. The speciality cables manufactured by their Company are used in the Railways rolling stock and the Naval (Defence) industry. Their facility also possesses end-to-end infrastructure capabilities for the production of Solar & EV Cables. For the Speciality Cable division, their Company had an installed capacity of 1,887.60 metric tonnes as on September 30, 2024, 1,887.60 metric tonnes as on March 31, 2024, 1,638.00 metric tonnes as on March 31, 2023 and 1,500.72 metric tonnes as on March 31, 2022, which was utilised at a capacity of 25.03% (not annualised), 49.42%, 54.26% and 57.62% respectively. Their Company has one facility for manufacturing, testing, researching, and developing speciality cables and also for manufacturing the hardware required for the Train Control & Signalling Division, which is situated at Village Basma Tehsil Banur, Distt Mohali. As of October 31, 2024, the company had 295 employees at its manufacturing facility, Railway Signalling & Embedded System Design centre and corporate function.
IPO INFO
08 Jan, 03:23
Parmeshwar Metal Limited SME
Allotment Out
👇
https://www.linkintime.co.in/Initial_Offer/public-issues.html
Allotment Out
👇
https://www.linkintime.co.in/Initial_Offer/public-issues.html
IPO INFO
08 Jan, 03:04
Standard Glass Lining IPO Day 2 Subscription Figures
QIBs 380Cr 4.63x
Application Wise
bHNI 30897 15.8x
sHNI 77831 79.58x
Retail 2547949 26.6x
Latest GMP 98 (70%)
QIBs 380Cr 4.63x
Application Wise
bHNI 30897 15.8x
sHNI 77831 79.58x
Retail 2547949 26.6x
Latest GMP 98 (70%)
IPO INFO
22 Nov, 11:05
Enviro Infra Engineers IPO Activity Date
Basis of Allotment Date* 27th Nov 2024
Refunds Initiation* 27th Nov 2024
Credit of Shares to Demat* 28th Nov 2024
IPO Listing Date* 29th Nov 2024
Basis of Allotment Date* 27th Nov 2024
Refunds Initiation* 27th Nov 2024
Credit of Shares to Demat* 28th Nov 2024
IPO Listing Date* 29th Nov 2024
IPO INFO
22 Nov, 09:31
Enviro Infra Engineers Limited IPO
🗓️Date : 22 - 26 Nov ,2024
🏷️Price Band : ₹140- ₹148
📦Market Lot : 101 Shares
💰Appl Amt : ₹14,948
📏Size : ₹650 Cr Approx
👦Retail Portion : 35%
📃 Retail Form : 1,51,979
📄HNI Small Form : 1,551
📄HNI Big Form : 3,102
🏷️Face Value : ₹10
Recommended ✅
🗓️Date : 22 - 26 Nov ,2024
🏷️Price Band : ₹140- ₹148
📦Market Lot : 101 Shares
💰Appl Amt : ₹14,948
📏Size : ₹650 Cr Approx
👦Retail Portion : 35%
📃 Retail Form : 1,51,979
📄HNI Small Form : 1,551
📄HNI Big Form : 3,102
🏷️Face Value : ₹10
Recommended ✅
IPO INFO
22 Nov, 07:10
Enviro Infra Engineers IPO Objective
👉The Company proposes to utilize the Proceeds from the Fresh Issue towards funding the following objectives:
👉To meet the Working Capital Requirements;
👉Infusion of funds in our Subsidiary, EIEL Mathura Infra Engineers Private Limited (EIEL Mathura) to build 60 MLD STP under the project titled ‘Mathura Sewerage Scheme” at Mathura in Uttar Pradesh through Hybrid Annuity Based PPP Mode;
👉Repayment/prepayment in full or in part, of certain of our outstanding borrowings; and
👉Funding inorganic growth through unidentified acquisitions and general corporate purposes.
👉The Company proposes to utilize the Proceeds from the Fresh Issue towards funding the following objectives:
👉To meet the Working Capital Requirements;
👉Infusion of funds in our Subsidiary, EIEL Mathura Infra Engineers Private Limited (EIEL Mathura) to build 60 MLD STP under the project titled ‘Mathura Sewerage Scheme” at Mathura in Uttar Pradesh through Hybrid Annuity Based PPP Mode;
👉Repayment/prepayment in full or in part, of certain of our outstanding borrowings; and
👉Funding inorganic growth through unidentified acquisitions and general corporate purposes.
IPO INFO
22 Nov, 05:57
Enviro Infra Engineers IPO Strengths
☀️In-house project designing,
engineering and execution team
☀️Widespread presence in existing geographies with new projects
Diversified order book value across India
☀️Technological advancement in the construction and installation of WWTPs and WSSPs
☀️Experienced team of promoters and managers
☀️Consistent track record of financial performance
☀️In-house project designing,
engineering and execution team
☀️Widespread presence in existing geographies with new projects
Diversified order book value across India
☀️Technological advancement in the construction and installation of WWTPs and WSSPs
☀️Experienced team of promoters and managers
☀️Consistent track record of financial performance
IPO INFO
22 Nov, 05:23
ISSUE DETAILS
The company is coming out with its maiden combo book building route IPO of 43948000 equity share of Rs. 10 each worth Rs. 650.43 cr. at the upper cap). The company has announced a price band of Rs. 140 - Rs. 148 per share. The issue consists of 38680000 fresh equity shares worth Rs. 572.46 cr. (at the upper cap) and an Offer for Sale (OFS) of 5268000 equity shares worth Rs. 77.97 cr. (at the upper cap). The issue opens for subscription on November 22, 2024, and will close on November 26, 2024. The minimum application to be made is for 101 shares and in multiples thereon, thereafter. Post allotment, shares will be listed on BSE and NSE. The IPO constitutes 25.04% of the post-IPO paid-up equity capital of the company. From the net proceeds of the fresh equity issue, the company will utilize Rs. 181.00 cr. for working capital, Rs. 30.00 cr. for infusion of funds for its subsidiary EIEL Mathura Infra Engineers Pvt. Ltd. for building 60 MLS STP, Rs. 120.00 cr. for repayment/prepayment of certain borrowings, and the rest for general corporate purposes.
The company has reserved 100000 equity shares for its eligible employees and offering them a discount of Rs. 13 per share, and from the rest, it has allocated not less than 50% for QIBs, not more than 15% for HNIs and not more than 35% for Retail investors.
The sole Book Running Lead Manager (BRLM) to this issue is Hem Securities Ltd., while Bigshare Services Pvt. Ltd. is the registrar to the issue. Syndicate member for this issue is HEM Group's Hem Finlease Pvt. Ltd.
Having issued initial equity capital at par value, the company issued further equity shares in the price range of Rs. 40.00 - Rs. 332.00 per share between April 2010 and September 2023. It has also issued bonus shares in the ratio of 6 for 1 in May 2022, 1 for 2 in June 2022, and 4 for 1 in March 2024. The average cost of acquisition of shares by the promoters/selling stakeholders is Rs. 0.70, and Rs. 0.76 per share.
Post IPO, company's current paid-up equity capital of Rs. 136.85 cr. will stand enhanced to Rs. 175.53 cr. Based on the upper cap of the IPO price band, the company is looking for a market cap of Rs. 2597.84 cr.
The company is coming out with its maiden combo book building route IPO of 43948000 equity share of Rs. 10 each worth Rs. 650.43 cr. at the upper cap). The company has announced a price band of Rs. 140 - Rs. 148 per share. The issue consists of 38680000 fresh equity shares worth Rs. 572.46 cr. (at the upper cap) and an Offer for Sale (OFS) of 5268000 equity shares worth Rs. 77.97 cr. (at the upper cap). The issue opens for subscription on November 22, 2024, and will close on November 26, 2024. The minimum application to be made is for 101 shares and in multiples thereon, thereafter. Post allotment, shares will be listed on BSE and NSE. The IPO constitutes 25.04% of the post-IPO paid-up equity capital of the company. From the net proceeds of the fresh equity issue, the company will utilize Rs. 181.00 cr. for working capital, Rs. 30.00 cr. for infusion of funds for its subsidiary EIEL Mathura Infra Engineers Pvt. Ltd. for building 60 MLS STP, Rs. 120.00 cr. for repayment/prepayment of certain borrowings, and the rest for general corporate purposes.
The company has reserved 100000 equity shares for its eligible employees and offering them a discount of Rs. 13 per share, and from the rest, it has allocated not less than 50% for QIBs, not more than 15% for HNIs and not more than 35% for Retail investors.
The sole Book Running Lead Manager (BRLM) to this issue is Hem Securities Ltd., while Bigshare Services Pvt. Ltd. is the registrar to the issue. Syndicate member for this issue is HEM Group's Hem Finlease Pvt. Ltd.
Having issued initial equity capital at par value, the company issued further equity shares in the price range of Rs. 40.00 - Rs. 332.00 per share between April 2010 and September 2023. It has also issued bonus shares in the ratio of 6 for 1 in May 2022, 1 for 2 in June 2022, and 4 for 1 in March 2024. The average cost of acquisition of shares by the promoters/selling stakeholders is Rs. 0.70, and Rs. 0.76 per share.
Post IPO, company's current paid-up equity capital of Rs. 136.85 cr. will stand enhanced to Rs. 175.53 cr. Based on the upper cap of the IPO price band, the company is looking for a market cap of Rs. 2597.84 cr.
IPO INFO
22 Nov, 05:08
Out of existing Order Book of 21 WWTPs and WSSPs, 7 projects are "Projects contributing to Sustainable Development".
The company had an order book worth Rs. 1906.28 cr. as of June 30, 2024. As of the said date, it had 939 employees on its payroll, and is also hiring contract workers for various department as and when required.
The company had an order book worth Rs. 1906.28 cr. as of June 30, 2024. As of the said date, it had 939 employees on its payroll, and is also hiring contract workers for various department as and when required.
IPO INFO
22 Nov, 04:43
Enviro Infra Engineering Ltd Company Research Report
Enviro Infra Engineering Ltd. (EIEL) is in the business of designing, construction, operation and maintenance of Water and Wastewater Treatment Plants (WWTPs) and Water Supply Scheme Projects (WSSPs) for government authorities/bodies. WWTPs include Sewage Treatment Plants (STPs), Sewerage Schemes (SS) and Common Effluent Treatment Plants (CETPs) while WSSPs include Water Treatment Plants (WTPs) along with pumping stations and laying of pipelines for supply of water (collectively, "Projects"). The treatment process installed at most of the STPs and CETPs is Zero Liquid DisZLD) compliant and the treated water can be used for horticulture, washing, refrigeration and other process industries.
WWTPs and WSSPs are partly funded by the Central Government under schemes like the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) and fully funded under the National Mission for Clean Ganga (NMCG) for projects in urban areas. WSSPs are similarly funded by the Central Government schemes like the Jal Jeevan Mission (JJM) for rural areas of the country. The states or Urban Local Bodies (ULBs) under their respective schemes fund the WWTPs and WSSPs along with the Central Government. The Company bids for tenders issued by State Governments and ULBs for developing WWTPs and WSSPs on an EPC or HAM basis. As on June 30, 2024, it had successfully developed 28 WWTPs and WSSPs across India in past seven (7) years which includes 22 projects with 10 MLD capacity and above.
It has an in-house team for designing, engineering and construction which makes it self-reliant on all aspects of business. The company has a team of 180 engineers who are supported by third-party consultants and industry experts to ensure compliance and quality standards laid down by the industry and government agencies & departments. It also has own team for civil construction works thereby reducing dependence on third parties. The scope of its services typically includes design and engineering of the projects, procurement of raw materials, execution at site with overall project management up to the commissioning of projects. Post commissioning, operations and maintenance of these plants for a certain period of time is generally a part of the award. It has a team of dedicated engineers and personnel focused on operations and maintenance of completed projects.
In addition to the execution of projects independently, it also enters into joint ventures with other infrastructure and construction companies to jointly bid and execute projects. Joint ventures or partnerships enable it to achieve pre-qualification, both technical and/or financial, with joint venture partner at the time of the bid and where the bid is successful, it also executes the project with joint venture partner considering the technical skill and qualification of the joint venture partner required to execute a particular project. As on June 30, 2024, the company was executing 5 WWTPs and WSSPs projects in partnership with joint venture partners.
In line with government policies and industry trends, it is taking various initiatives towards "Waste to Energy" in projects to reduce carbon footprint and contribute to environmental sustainability. It has installed solar power plants at some of its projects and the solar power generated by these plants is being used for captive utilisation or supplied to the power grid. Government authorities are also providing for the installation of Compressed Bio Gas (CBG) plant to produce CBG from STP in bids for new projects and EIEL is in the process of installing CBG plants at ongoing projects at Jodhpur and Jaipur in Rajasthan. The CBG generated and purified will be directly sold to the Oil Marketing Companies (OMCs) in public sector or used for power generation once STPs are established and running. By integrating solar power plants and/or Compressed Bio Gas (CBG) plants into projects, the company is now focussing on "Projects contributing to Sustainable Development".
Enviro Infra Engineering Ltd. (EIEL) is in the business of designing, construction, operation and maintenance of Water and Wastewater Treatment Plants (WWTPs) and Water Supply Scheme Projects (WSSPs) for government authorities/bodies. WWTPs include Sewage Treatment Plants (STPs), Sewerage Schemes (SS) and Common Effluent Treatment Plants (CETPs) while WSSPs include Water Treatment Plants (WTPs) along with pumping stations and laying of pipelines for supply of water (collectively, "Projects"). The treatment process installed at most of the STPs and CETPs is Zero Liquid DisZLD) compliant and the treated water can be used for horticulture, washing, refrigeration and other process industries.
WWTPs and WSSPs are partly funded by the Central Government under schemes like the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) and fully funded under the National Mission for Clean Ganga (NMCG) for projects in urban areas. WSSPs are similarly funded by the Central Government schemes like the Jal Jeevan Mission (JJM) for rural areas of the country. The states or Urban Local Bodies (ULBs) under their respective schemes fund the WWTPs and WSSPs along with the Central Government. The Company bids for tenders issued by State Governments and ULBs for developing WWTPs and WSSPs on an EPC or HAM basis. As on June 30, 2024, it had successfully developed 28 WWTPs and WSSPs across India in past seven (7) years which includes 22 projects with 10 MLD capacity and above.
It has an in-house team for designing, engineering and construction which makes it self-reliant on all aspects of business. The company has a team of 180 engineers who are supported by third-party consultants and industry experts to ensure compliance and quality standards laid down by the industry and government agencies & departments. It also has own team for civil construction works thereby reducing dependence on third parties. The scope of its services typically includes design and engineering of the projects, procurement of raw materials, execution at site with overall project management up to the commissioning of projects. Post commissioning, operations and maintenance of these plants for a certain period of time is generally a part of the award. It has a team of dedicated engineers and personnel focused on operations and maintenance of completed projects.
In addition to the execution of projects independently, it also enters into joint ventures with other infrastructure and construction companies to jointly bid and execute projects. Joint ventures or partnerships enable it to achieve pre-qualification, both technical and/or financial, with joint venture partner at the time of the bid and where the bid is successful, it also executes the project with joint venture partner considering the technical skill and qualification of the joint venture partner required to execute a particular project. As on June 30, 2024, the company was executing 5 WWTPs and WSSPs projects in partnership with joint venture partners.
In line with government policies and industry trends, it is taking various initiatives towards "Waste to Energy" in projects to reduce carbon footprint and contribute to environmental sustainability. It has installed solar power plants at some of its projects and the solar power generated by these plants is being used for captive utilisation or supplied to the power grid. Government authorities are also providing for the installation of Compressed Bio Gas (CBG) plant to produce CBG from STP in bids for new projects and EIEL is in the process of installing CBG plants at ongoing projects at Jodhpur and Jaipur in Rajasthan. The CBG generated and purified will be directly sold to the Oil Marketing Companies (OMCs) in public sector or used for power generation once STPs are established and running. By integrating solar power plants and/or Compressed Bio Gas (CBG) plants into projects, the company is now focussing on "Projects contributing to Sustainable Development".
IPO INFO
22 Nov, 04:11
Zinka Logistics IPO Pre Open Links
NSE
https://www.nseindia.com/market-data/new-stock-exchange-listings-today
BSE
https://www.bseindia.com/stock-share-price/zinka-logistics-solutions-ltd/blackbuck/544288/
NSE
https://www.nseindia.com/market-data/new-stock-exchange-listings-today
BSE
https://www.bseindia.com/stock-share-price/zinka-logistics-solutions-ltd/blackbuck/544288/
IPO INFO
21 Nov, 11:47
Lamosaic India SME IPO Activity Date
Basis of Allotment Date* 27th Nov 2024
Refunds Initiation* 28th Nov 2024
Credit of Shares to Demat* 28th Nov 2024
SME IPO Listing Date* 29th Nov 2024
Basis of Allotment Date* 27th Nov 2024
Refunds Initiation* 28th Nov 2024
Credit of Shares to Demat* 28th Nov 2024
SME IPO Listing Date* 29th Nov 2024
IPO INFO
21 Nov, 09:44
Lamosaic India SME IPO Details
🗓️Date : 21 Nov - 26 Nov,2024
🏷️Price Band : ₹200
📦Market Lot : 600 Shares
💰Appl Amt : ₹120000
📏Size : ₹ 61.20Crs
👦Retail Portion : 50%
📃 Retail Form : 600
📄HNI Big Form : 1200
🏷️Face Value : ₹10
Recommended ❌❌❌
🗓️Date : 21 Nov - 26 Nov,2024
🏷️Price Band : ₹200
📦Market Lot : 600 Shares
💰Appl Amt : ₹120000
📏Size : ₹ 61.20Crs
👦Retail Portion : 50%
📃 Retail Form : 600
📄HNI Big Form : 1200
🏷️Face Value : ₹10
Recommended ❌❌❌
IPO INFO
21 Nov, 06:34
Lamosaic India SME IPO Objective
The Net Proceeds from the Issue are proposed to be utilized by the Company for the following objects:
👉Repayment of certain Borrowings;
To meet incremental working capital requirements;
👉Pursuing Inorganic Growth;
and
👉General Corporate Purposes
The Net Proceeds from the Issue are proposed to be utilized by the Company for the following objects:
👉Repayment of certain Borrowings;
To meet incremental working capital requirements;
👉Pursuing Inorganic Growth;
and
👉General Corporate Purposes
IPO INFO
21 Nov, 05:48
Lamosaic India SME IPO Strengths
☀️It sells products through franchisee located at Mumbai, Maharashtra.
☀️Experienced team of managers
☀️Strong distribution and marketing network via dealer, distributors, stockiest, and wholesalers.
☀️In-house design with over 200+ designs developed as per customers taste and preferences
☀️It sells products through franchisee located at Mumbai, Maharashtra.
☀️Experienced team of managers
☀️Strong distribution and marketing network via dealer, distributors, stockiest, and wholesalers.
☀️In-house design with over 200+ designs developed as per customers taste and preferences
IPO INFO
21 Nov, 05:08
ISSUE DETAILS/CAPITAL HISTORY
The company is coming out with its maiden IPO of 3060000 equity shares of Rs. 10 each at a fixed price of Rs. 200 per share to mobilize Rs. 61.20 cr. The issue opens for subscription on November 21, 2024, and will close on November 26, 2024. The minimum number of shares to be applied is for 600 shares and in multiples thereon, thereafter. Post allotment, shares will be listed on NSE SME Emerge. The issue constitutes 29.60% of the post-IPO paid-up capital of the company. The company is spending Rs. 1.74 cr. for this IPO process, and from the net proceeds of the IPO, the company will utilize Rs. 4.46 cr. for repayment of certain borrowings, Rs. 35.00 cr. for working capital, Rs. 6.00 cr. for inorganic growth, and Rs. 14.00 for general corporate purposes.
The IPO is solely lead managed by Inventure Merchant Banker Services Pvt. Ltd., while KFin Technologies Ltd. is the registrar to the issue. SVCM Securities Pvt. Pvt. Ltd. is the Market Maker for the company. The issue is underwritten to the tune of 15% by Inventure Merchant and 85% by SVCM Securities.
The company has issued/converted entire equity shares at par value so far. The average cost of acquisition of shares by the promoters is Rs. 10.00 per share.
Post-IPO, company's current paid-up equity capital of Rs. 7.28 cr. will stand enhanced to Rs. 10.34 cr. Based on the upper price band of the IPO, the company is looking for a market cap of Rs. 206.76 cr.
The company is coming out with its maiden IPO of 3060000 equity shares of Rs. 10 each at a fixed price of Rs. 200 per share to mobilize Rs. 61.20 cr. The issue opens for subscription on November 21, 2024, and will close on November 26, 2024. The minimum number of shares to be applied is for 600 shares and in multiples thereon, thereafter. Post allotment, shares will be listed on NSE SME Emerge. The issue constitutes 29.60% of the post-IPO paid-up capital of the company. The company is spending Rs. 1.74 cr. for this IPO process, and from the net proceeds of the IPO, the company will utilize Rs. 4.46 cr. for repayment of certain borrowings, Rs. 35.00 cr. for working capital, Rs. 6.00 cr. for inorganic growth, and Rs. 14.00 for general corporate purposes.
The IPO is solely lead managed by Inventure Merchant Banker Services Pvt. Ltd., while KFin Technologies Ltd. is the registrar to the issue. SVCM Securities Pvt. Pvt. Ltd. is the Market Maker for the company. The issue is underwritten to the tune of 15% by Inventure Merchant and 85% by SVCM Securities.
The company has issued/converted entire equity shares at par value so far. The average cost of acquisition of shares by the promoters is Rs. 10.00 per share.
Post-IPO, company's current paid-up equity capital of Rs. 7.28 cr. will stand enhanced to Rs. 10.34 cr. Based on the upper price band of the IPO, the company is looking for a market cap of Rs. 206.76 cr.
IPO INFO
21 Nov, 04:44
Lamosaic India company Research Report
Lamosaic India is engaged in trading of flush doors, decorative laminates, acrylic sheets, printing paper (base), plywood, etc. The company primarily sells products to real estate and infrastructure industry for commercial and residential usage, construction Industry, Interior Decor, Furniture, and Plywood Industry.
Over the period, the company has diversified into manufacturing activities with an workshop in Chembur, Mumbai over 650 sq ft. The company manufactures and supply laminated and decorative laminated flush doors based on orders received from customers.
Lamosaic India Ltd. (LIL) was started as a partnership firm under the name and style "Swastik Marketing" and was trading in products like flush door, decorative laminates, acrylic sheets, printing paper, plywood etc. under the brand name "Swastik".
In FY24, it got converted into a public limited company and changed its name to Lamosaic India Ltd. While continuing its trading activities, it also started manufacturing on a small scale. For H1-FY25 ended on September 30, 2024, its top line was contributed by 69.79% direct sales, 30.10% authorised dealer/distributor sales, and the rest by franchisee sales. The net margins and RoCE posted by the company is mind boggling and un-believable.
What is more, the company is operating in a highly competitive and fragmented segment. No listed peers have these kind of earnings even when they have many fold higher top lines.
While it had just 9 employees as of September 30, 2024, it had 23 contract workers.
Lamosaic India is engaged in trading of flush doors, decorative laminates, acrylic sheets, printing paper (base), plywood, etc. The company primarily sells products to real estate and infrastructure industry for commercial and residential usage, construction Industry, Interior Decor, Furniture, and Plywood Industry.
Over the period, the company has diversified into manufacturing activities with an workshop in Chembur, Mumbai over 650 sq ft. The company manufactures and supply laminated and decorative laminated flush doors based on orders received from customers.
Lamosaic India Ltd. (LIL) was started as a partnership firm under the name and style "Swastik Marketing" and was trading in products like flush door, decorative laminates, acrylic sheets, printing paper, plywood etc. under the brand name "Swastik".
In FY24, it got converted into a public limited company and changed its name to Lamosaic India Ltd. While continuing its trading activities, it also started manufacturing on a small scale. For H1-FY25 ended on September 30, 2024, its top line was contributed by 69.79% direct sales, 30.10% authorised dealer/distributor sales, and the rest by franchisee sales. The net margins and RoCE posted by the company is mind boggling and un-believable.
What is more, the company is operating in a highly competitive and fragmented segment. No listed peers have these kind of earnings even when they have many fold higher top lines.
While it had just 9 employees as of September 30, 2024, it had 23 contract workers.
IPO INFO
20 Nov, 11:58
Zinka Logistics Solution Limited (BlackBuck) IPO
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https://kosmic.kfintech.com/ipostatus/
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IPO INFO
20 Nov, 07:13
UPL RIGHTS ISSUE DETAILS
ISSUE SIZE ; ₹ 3377 CR
RIGHTS PRICE ; 360/SHARE ( 34.4 % DISCOUNT)
OPENS; 5-17 DEC
RIGHTS ENTITLEMENT ; 1 RIGHT SHARE FOR EVERY 8 SHARES HELD ON RECORD DATE
RECORD DATE ; 26 NOV
ISSUE SIZE ; ₹ 3377 CR
RIGHTS PRICE ; 360/SHARE ( 34.4 % DISCOUNT)
OPENS; 5-17 DEC
RIGHTS ENTITLEMENT ; 1 RIGHT SHARE FOR EVERY 8 SHARES HELD ON RECORD DATE
RECORD DATE ; 26 NOV
IPO INFO
19 Nov, 14:31
NTPC Green Energy IPO Anchor List
LIC has been allocated 1/8th of the anchor list, amounting to approximately ₹500 crore.
The anchor list consists of 107 names, with 39.65% of the total allocation directed towards domestic mutual funds.
LIC has been allocated 1/8th of the anchor list, amounting to approximately ₹500 crore.
The anchor list consists of 107 names, with 39.65% of the total allocation directed towards domestic mutual funds.
IPO INFO
19 Nov, 09:40
🌞NTPC Green Energy Limited IPO
🗓️Date : 19 - 22 Nov ,2024
🏷️Price Band : ₹102- ₹108
📦Market Lot : 138 Shares
💰Appl Amt : ₹14,904
📏Size : ₹10,000 Cr Approx
👦Retail Portion : 10%
📃 Retail Form : 5,90,446
📄HNI Small Form : 21,087
📄HNI Big Form : 42,175
🏷️Face Value : ₹10
📃Shareholder Quota : ₹1,000 Crores
Recommended = Neutral
🗓️Date : 19 - 22 Nov ,2024
🏷️Price Band : ₹102- ₹108
📦Market Lot : 138 Shares
💰Appl Amt : ₹14,904
📏Size : ₹10,000 Cr Approx
👦Retail Portion : 10%
📃 Retail Form : 5,90,446
📄HNI Small Form : 21,087
📄HNI Big Form : 42,175
🏷️Face Value : ₹10
📃Shareholder Quota : ₹1,000 Crores
Recommended = Neutral
IPO INFO
19 Nov, 06:49
NTPC Green Energy IPO Objective
The company proposes to utilise the Net Proceeds towards funding the following objects
👉Investment in the wholly owned Subsidiary, NTPC Renewable Energy Limited (NREL), for repayment/ prepayment, in full or in part of certain outstanding borrowings availed by NREL
👉General corporate purpose.
The company proposes to utilise the Net Proceeds towards funding the following objects
👉Investment in the wholly owned Subsidiary, NTPC Renewable Energy Limited (NREL), for repayment/ prepayment, in full or in part of certain outstanding borrowings availed by NREL
👉General corporate purpose.
IPO INFO
19 Nov, 05:48
NTPC Green Energy IPO Strengths
☀️Part of India's leading power company, NTPV Ltd
☀️Strong portfolio of 14,696 MWs solar and wind projects across geographies and offtakers
☀️Experienced team in renewable energy project execution and procurement, and O&M
☀️Growing revenues with strong credit ratings at a low cost of capital employed
☀️Highly experienced team of management in the renewable energy sector
☀️Part of India's leading power company, NTPV Ltd
☀️Strong portfolio of 14,696 MWs solar and wind projects across geographies and offtakers
☀️Experienced team in renewable energy project execution and procurement, and O&M
☀️Growing revenues with strong credit ratings at a low cost of capital employed
☀️Highly experienced team of management in the renewable energy sector
IPO INFO
14 Nov, 09:59
Onyx Biotec SME IPO Details
🗓️Date : 13 Nov - 18 Nov,2024
🏷️Price Band : ₹61
📦Market Lot : 2000 Shares
💰Appl Amt : ₹122000
📏Size : ₹ 29.34Crs
👦Retail Portion : 35%
📃 Retail Form : 2000
📄HNI Big Form : 4000
🏷️Face Value : ₹10
Recommended ✅
🗓️Date : 13 Nov - 18 Nov,2024
🏷️Price Band : ₹61
📦Market Lot : 2000 Shares
💰Appl Amt : ₹122000
📏Size : ₹ 29.34Crs
👦Retail Portion : 35%
📃 Retail Form : 2000
📄HNI Big Form : 4000
🏷️Face Value : ₹10
Recommended ✅
IPO INFO
14 Nov, 08:22
Stock Result & latest breaking news Join us
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https://t.me/+RO0vF2bvTWazBosb
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https://t.me/+RO0vF2bvTWazBosb
IPO INFO
14 Nov, 06:40
Onyx Biotec SME IPO Objective
The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:
👉Upgradation of existing manufacturing Unit I to manufacture large volume parentals for intravenous use;
👉Setting up a high-speed cartooning packaging line at existing manufacturing Unit II for Dry Powder Injections;
👉Prepayment or repayment of all or a portion of certain loans availed by the Company; and
👉General Corporate Purposes.
The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:
👉Upgradation of existing manufacturing Unit I to manufacture large volume parentals for intravenous use;
👉Setting up a high-speed cartooning packaging line at existing manufacturing Unit II for Dry Powder Injections;
👉Prepayment or repayment of all or a portion of certain loans availed by the Company; and
👉General Corporate Purposes.
IPO INFO
14 Nov, 05:51
Onyx Biotec SME IPO Strengths
☀️One of the leading contract manufacturers in sterile production.
☀️Geographical presence.
☀️Quality assurance and quality control of our products.
☀️Strong, cordial and long-term relationship with our customers.
☀️Cost-efficient production and on-time order fulfilment.
☀️One of the leading contract manufacturers in sterile production.
☀️Geographical presence.
☀️Quality assurance and quality control of our products.
☀️Strong, cordial and long-term relationship with our customers.
☀️Cost-efficient production and on-time order fulfilment.
IPO INFO
14 Nov, 05:26
ISSUE DETAILS/CAPITAL HISTORY:
The company is coming out with its maiden book building route IPO of 4810000 equity shares of Rs. 10 each to mobilize Rs. 29.34 cr. (at the upper cap). The company has announced a price band of Rs. 58 - Rs. 61 per share. The issue opens for subscription on November 13, 2024, and will close on November 18, 2024. The minimum number of shares to be applied is for 2000 shares and in multiples thereon, thereafter. Post allotment, shares will be listed on NSE SME Emerge. The issue constitutes 26.53% of the post-IPO paid-up capital of the company. From the net proceeds of the IPO, the company will utilize Rs. 6.08 cr. for upgradation of manufacturing Unit I, Rs. 1.24 cr. for high-speed cartooning packaging line at Unit II, Rs. 12.00 cr. for repayment/prepayment of certain borrowings, and the rest for general corporate purposes.
The IPO is solely lead managed by Horizon Management Pvt. Ltd., while MAS Services. Ltd. is the registrar to the issue. Giriraj Stock Broking Pvt. Ltd., is the Market Maker for the company.
Having issued initial equity shares at par value, the company issued further equity shares in the price range of Rs. 11.00 - Rs. 24.00 per share between November 2015, and February 2024. It has also issued bonus shares in the ratio of 1 for 1 in February 2024. The average cost of acquisition of shares by the promoters is Rs. NIL, Rs. 5.17, and Rs. 5.19 per share.
Post-IPO, company's current paid-up equity capital of Rs. 13.32 cr. will stand enhanced to Rs. 18.13 cr. Based on the upper price band of the IPO, the company is looking for a market cap of Rs. 110.61 cr. In the Issue table on page no. 51 o
The company is coming out with its maiden book building route IPO of 4810000 equity shares of Rs. 10 each to mobilize Rs. 29.34 cr. (at the upper cap). The company has announced a price band of Rs. 58 - Rs. 61 per share. The issue opens for subscription on November 13, 2024, and will close on November 18, 2024. The minimum number of shares to be applied is for 2000 shares and in multiples thereon, thereafter. Post allotment, shares will be listed on NSE SME Emerge. The issue constitutes 26.53% of the post-IPO paid-up capital of the company. From the net proceeds of the IPO, the company will utilize Rs. 6.08 cr. for upgradation of manufacturing Unit I, Rs. 1.24 cr. for high-speed cartooning packaging line at Unit II, Rs. 12.00 cr. for repayment/prepayment of certain borrowings, and the rest for general corporate purposes.
The IPO is solely lead managed by Horizon Management Pvt. Ltd., while MAS Services. Ltd. is the registrar to the issue. Giriraj Stock Broking Pvt. Ltd., is the Market Maker for the company.
Having issued initial equity shares at par value, the company issued further equity shares in the price range of Rs. 11.00 - Rs. 24.00 per share between November 2015, and February 2024. It has also issued bonus shares in the ratio of 1 for 1 in February 2024. The average cost of acquisition of shares by the promoters is Rs. NIL, Rs. 5.17, and Rs. 5.19 per share.
Post-IPO, company's current paid-up equity capital of Rs. 13.32 cr. will stand enhanced to Rs. 18.13 cr. Based on the upper price band of the IPO, the company is looking for a market cap of Rs. 110.61 cr. In the Issue table on page no. 51 o
IPO INFO
14 Nov, 05:06
Onyx is committed to provide high-quality products at affordable price. Presently, the Company Manufactures Sterile Water for Injections, and acts as a pharmaceutical contract manufacturer offering a comprehensive range of Dry Powder Injections and Dry Syrup for India and overseas. Its products are being processed and manufactured in accordance with best FDA practices available globally. OBL's system and product is tested constantly at each level to ensure international standards of quality in-house and FDA Certified Laboratories. Its core business is focused on providing end-to-end product development and manufacturing solutions to clients. Its service also include preparation and filing of regulatory dossiers in the Indian and global markets.
Company's manufacturing facility Unit I is having production capacity of 6,38,889 units of Sterile Water for Injections per day and Unit II is having a capacity of 40,000 units of dry Powder injection per day and 26,667 units of dry syrup per day in a single shift. Its manufacturing units are equipped with Modern Equipment, ensures Quality Control and follows Sustainable Practices. Its manufacturing units have been accredited by global regulatory agency i.e. World Health Organization Good Manufacturing Practice ("WHO-GMP"). As of July 31, 2024, it had 175 employees on its payroll and additional 20 contract workers in various departments.
Company's manufacturing facility Unit I is having production capacity of 6,38,889 units of Sterile Water for Injections per day and Unit II is having a capacity of 40,000 units of dry Powder injection per day and 26,667 units of dry syrup per day in a single shift. Its manufacturing units are equipped with Modern Equipment, ensures Quality Control and follows Sustainable Practices. Its manufacturing units have been accredited by global regulatory agency i.e. World Health Organization Good Manufacturing Practice ("WHO-GMP"). As of July 31, 2024, it had 175 employees on its payroll and additional 20 contract workers in various departments.
IPO INFO
14 Nov, 04:42
Onyx Biotec company Research Report
Onyx Biotec Limited was founded in May 2005. The company is active in the healthcare industry and offers sterile pharmaceutical products. It has emerged as a major supplier of sterile products to major companies including the leading pharmaceutical companies across India. Onyx strives to provide high quality products at an affordable price.
The company manufactures sterile water for injections and acts as a pharmaceutical contract manufacturer offering a comprehensive range of dry powder injections and dry syrup for India and overseas. The products are processed and manufactured in accordance with global FDA best practices.
The system and product are constantly tested at all levels to ensure international quality standards in-house and in FDA certified laboratories. The company's core business is to provide end-to-end product development and manufacturing solutions for its customers.
The Unit I manufacturing facility has a production capacity of 6,38,889 units of sterile water for injections per day and Unit II has a capacity of 40,000 units of dry powder for injections per day and 26,667 units of dry syrup per day in a single shift.
Onyx Biotec Limited was founded in May 2005. The company is active in the healthcare industry and offers sterile pharmaceutical products. It has emerged as a major supplier of sterile products to major companies including the leading pharmaceutical companies across India. Onyx strives to provide high quality products at an affordable price.
The company manufactures sterile water for injections and acts as a pharmaceutical contract manufacturer offering a comprehensive range of dry powder injections and dry syrup for India and overseas. The products are processed and manufactured in accordance with global FDA best practices.
The system and product are constantly tested at all levels to ensure international quality standards in-house and in FDA certified laboratories. The company's core business is to provide end-to-end product development and manufacturing solutions for its customers.
The Unit I manufacturing facility has a production capacity of 6,38,889 units of sterile water for injections per day and Unit II has a capacity of 40,000 units of dry powder for injections per day and 26,667 units of dry syrup per day in a single shift.
IPO INFO
14 Nov, 03:37
Neelam Linens and Garments (India) Ltd SME
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https://www.purvashare.com/investor-service/ipo-query
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IPO INFO
13 Nov, 10:42
BlackBuck-Zinka Logistics IPO Activity Date
Basis of Allotment Date* 19th Nov 2024
Refunds Initiation* 20th Nov 2024
Credit of Shares to Demat* 20th Nov 2024
IPO Listing Date* 21st Nov 2024
Basis of Allotment Date* 19th Nov 2024
Refunds Initiation* 20th Nov 2024
Credit of Shares to Demat* 20th Nov 2024
IPO Listing Date* 21st Nov 2024
IPO INFO
13 Nov, 09:09
Zinka Logistics Solution Limited (BlackBuck) IPO
🗓️ Date : 13 - 18 Nov ,2024
🏷️ Price Band : ₹259- ₹273
📦 Market Lot : 54 Shares
💰 Appl Amt : ₹14,742
📏 Size : ₹1,115 Cr Approx
👦 Retail Portion : 10%
📃 Retail Form : 75,572
📄 HNI Small Form : 2,699
📄 HNI Big Form : 5,398
🏷️ Face Value : ₹1
Recommended ❌
🗓️ Date : 13 - 18 Nov ,2024
🏷️ Price Band : ₹259- ₹273
📦 Market Lot : 54 Shares
💰 Appl Amt : ₹14,742
📏 Size : ₹1,115 Cr Approx
👦 Retail Portion : 10%
📃 Retail Form : 75,572
📄 HNI Small Form : 2,699
📄 HNI Big Form : 5,398
🏷️ Face Value : ₹1
Recommended ❌
IPO INFO
13 Nov, 08:22
Zinca logistics solutions pvt Limited IPO Peer Comparison with listed companies
IPO INFO
13 Nov, 06:20
BlackBuck-Zinka Logistics IPO Objective
The company propose to utilise the Net Proceeds towards funding the following objects:
👉Funding towards sales and marketing costs;
👉Investment in Blackbuck Finserve Private Limited, its NBFC subsidiary, for financing the augmentation of its capital base to meet its future capital requirements;
👉Funding of expenditure about product development;
and
👉General corporate purposes.
The company propose to utilise the Net Proceeds towards funding the following objects:
👉Funding towards sales and marketing costs;
👉Investment in Blackbuck Finserve Private Limited, its NBFC subsidiary, for financing the augmentation of its capital base to meet its future capital requirements;
👉Funding of expenditure about product development;
and
👉General corporate purposes.
IPO INFO
13 Nov, 05:28
BlackBuck-Zinka Logistics IPO Strengths
☀️India’s largest digital platform for truck operators
☀️Strong network effects of platform result in robust customer retention rates and higher monetization
☀️Repeatable playbook for creating and launching new offerings
☀️Omnichannel distribution network with robust sales and service strategy driving customer adoption
☀️Scalable and reliable in-house technology integrating with multiple stakeholder
☀️Promoter-led management team and an experienced board
☀️India’s largest digital platform for truck operators
☀️Strong network effects of platform result in robust customer retention rates and higher monetization
☀️Repeatable playbook for creating and launching new offerings
☀️Omnichannel distribution network with robust sales and service strategy driving customer adoption
☀️Scalable and reliable in-house technology integrating with multiple stakeholder
☀️Promoter-led management team and an experienced board
IPO INFO
13 Nov, 04:31
BlackBuck Zinka Logistics Company Research Report
BlackBuck-Zinka Logistics
Established in April 2015, Zinka Logistics Solutions Limited is a digital platform for truck operators that 963,345 truck operators across the country will use to process transactions in FY 2024. Truck operators use the BlackBuck mobile application (the “BlackBuck App”) for their various business needs. The BlackBuck App provides payments, telematics, a marketplace for loads, and vehicle financing services. These solutions aim to digitally empower truck operators and help them run their businesses effectively and efficiently.
Their offerings solve critical problems for their customers and are an integral part of their daily lives. In fiscal year 2024, truck drivers conducting monthly transactions were active more than 16.18 days per month and spent an average of 39.56 minutes per day on the BlackBuck app.
The company has developed its offering and distribution strategy specifically for these users and the industry and believes this is the main reason for the strong engagement of truck drivers on the BlackBuck app and the market share they hold.
BlackBuckApp offers a range of services including toll and fuel payments (covering 72% of fuel stations), telematics for fleet management (with 356,050 active devices monthly), and a digital freight marketplace with 2.12 million load postings. Additionally, BlackBuckprovides vehicle financing, with ₹252.76 crorein loans disbursed by June 2024, and supports 80% of India's districts through its omnichannelnetwork of 9,374 touchpoints.
BlackBuck-Zinka Logistics
Established in April 2015, Zinka Logistics Solutions Limited is a digital platform for truck operators that 963,345 truck operators across the country will use to process transactions in FY 2024. Truck operators use the BlackBuck mobile application (the “BlackBuck App”) for their various business needs. The BlackBuck App provides payments, telematics, a marketplace for loads, and vehicle financing services. These solutions aim to digitally empower truck operators and help them run their businesses effectively and efficiently.
Their offerings solve critical problems for their customers and are an integral part of their daily lives. In fiscal year 2024, truck drivers conducting monthly transactions were active more than 16.18 days per month and spent an average of 39.56 minutes per day on the BlackBuck app.
The company has developed its offering and distribution strategy specifically for these users and the industry and believes this is the main reason for the strong engagement of truck drivers on the BlackBuck app and the market share they hold.
BlackBuckApp offers a range of services including toll and fuel payments (covering 72% of fuel stations), telematics for fleet management (with 356,050 active devices monthly), and a digital freight marketplace with 2.12 million load postings. Additionally, BlackBuckprovides vehicle financing, with ₹252.76 crorein loans disbursed by June 2024, and supports 80% of India's districts through its omnichannelnetwork of 9,374 touchpoints.
IPO INFO
12 Nov, 10:35
Mangal Compusolution SME IPO Details
🗓️Date : 12 Nov - 14 Nov,2024
🏷️Price Band : ₹45
📦Market Lot : 800 Shares
💰Appl Amt : ₹135000
📏Size : ₹ 16.23Crs
👦Retail Portion : 50%
📃 Retail Form : 3000
📄HNI Big Form : 6000
🏷️Face Value : ₹10
Recommended ✅
🗓️Date : 12 Nov - 14 Nov,2024
🏷️Price Band : ₹45
📦Market Lot : 800 Shares
💰Appl Amt : ₹135000
📏Size : ₹ 16.23Crs
👦Retail Portion : 50%
📃 Retail Form : 3000
📄HNI Big Form : 6000
🏷️Face Value : ₹10
Recommended ✅
IPO INFO
12 Nov, 08:26
Mangal Compusolution SME IPO Objective
The Company proposes to utilize the Net Proceeds from the Issue towards the following objects
👉Capital Expenditure
👉General corporate purposes;
The Company proposes to utilize the Net Proceeds from the Issue towards the following objects
👉Capital Expenditure
👉General corporate purposes;
IPO INFO
12 Nov, 08:01
Mangal Compusolution SME IPO Strengths
☀️Diverse product range.
☀️Timely turnaround.
☀️Customer-centric approach.
☀️24/7 service availability.
☀️Standby equipment for zero downtime.
☀️Diverse product range.
☀️Timely turnaround.
☀️Customer-centric approach.
☀️24/7 service availability.
☀️Standby equipment for zero downtime.
IPO INFO
12 Nov, 05:59
ISSUE DETAILS/CAPITAL HISTORY
The company is coming out with its maiden IPO of 3606000 equity shares of Rs. 10 each at a fixed price of Rs. 45 per share to mobilize Rs. 16.23 cr. The issue opens for subscription on November 12, 2024, and will close on November 14, 2024. The minimum number of shares to be applied is for 3000 shares and in multiples thereon, thereafter. Post allotment, shares will be listed on BSE SME. The issue constitutes 26.50% of the post-IPO paid-up capital of the company. The company is spending Rs. 1.33 cr. for this IPO process, and from the net proceeds of the IPO, the company will utilize Rs. 12.96 cr. for capital expenditure, and Rs. 1.94 cr. for general corporate purposes.
The IPO is solely lead managed by Jawa Capital Services Pvt. Ltd., and KFin Technologies Ltd. is the registrar to the issue. Rikhav Securities Ltd., is the Market Maker for the company. The issue is underwritten 84.94% by Aftertrade Broking and 15.06% by Jawa Capital.
After issuing initial equity shares at par value, the company has issued bonus shares in the ratio of 4 for 1 in August 2023. The average cost of acquisition of shares by the promoters is Rs. 6.00, and Rs. 9.00 per share.
Post-IPO, company's current paid-up equity capital of Rs. 10.00 cr. (10000000 shares) will stand enhanced to Rs. 13.61 cr. (13606000 shares). Based on the upper price band of the IPO, the company is looking for a market cap of Rs. 61.23 cr.
The company is coming out with its maiden IPO of 3606000 equity shares of Rs. 10 each at a fixed price of Rs. 45 per share to mobilize Rs. 16.23 cr. The issue opens for subscription on November 12, 2024, and will close on November 14, 2024. The minimum number of shares to be applied is for 3000 shares and in multiples thereon, thereafter. Post allotment, shares will be listed on BSE SME. The issue constitutes 26.50% of the post-IPO paid-up capital of the company. The company is spending Rs. 1.33 cr. for this IPO process, and from the net proceeds of the IPO, the company will utilize Rs. 12.96 cr. for capital expenditure, and Rs. 1.94 cr. for general corporate purposes.
The IPO is solely lead managed by Jawa Capital Services Pvt. Ltd., and KFin Technologies Ltd. is the registrar to the issue. Rikhav Securities Ltd., is the Market Maker for the company. The issue is underwritten 84.94% by Aftertrade Broking and 15.06% by Jawa Capital.
After issuing initial equity shares at par value, the company has issued bonus shares in the ratio of 4 for 1 in August 2023. The average cost of acquisition of shares by the promoters is Rs. 6.00, and Rs. 9.00 per share.
Post-IPO, company's current paid-up equity capital of Rs. 10.00 cr. (10000000 shares) will stand enhanced to Rs. 13.61 cr. (13606000 shares). Based on the upper price band of the IPO, the company is looking for a market cap of Rs. 61.23 cr.
IPO INFO
12 Nov, 04:54
Mangal Compusolution Ltd Company Research Report
Mangal Compusolution Established in April 2011, Mangal Compusolution Limited provides comprehensive IT hardware solutions that meet the ever-evolving technological needs of businesses across all industries. The company focuses primarily on IT hardware rental and strives to provide world-class equipment and services that enable businesses to thrive in the digital age. The company is active in renting and selling IT hardware and offers comprehensive end-to-end IT equipment.
With its rental services, companies can flexibly expand their IT infrastructure as required. The company's IT hardware products, including laptops, desktops, servers and other IT equipment, can be tailored to customers' specific requirements. This scalability allows customers to adapt to changing workloads, seasonal requirements or project-specific needs without committing to long-term hardware.
The offering includes a wide range of desktops, laptops and presentation devices for short and long-term business requirements. The company only rents IT equipment from top brands such as IBM, Dell, HP, Lenovo, Sony, Apple, Compaq and Toshiba and ensures seamless compatibility of the software with the rented equipment and seamless integration with its customers’ existing branded equipment. The product range also includes additional equipment such as large screens, LCD projectors, plasma screens and related accessories.
Mangal Compusolution Established in April 2011, Mangal Compusolution Limited provides comprehensive IT hardware solutions that meet the ever-evolving technological needs of businesses across all industries. The company focuses primarily on IT hardware rental and strives to provide world-class equipment and services that enable businesses to thrive in the digital age. The company is active in renting and selling IT hardware and offers comprehensive end-to-end IT equipment.
With its rental services, companies can flexibly expand their IT infrastructure as required. The company's IT hardware products, including laptops, desktops, servers and other IT equipment, can be tailored to customers' specific requirements. This scalability allows customers to adapt to changing workloads, seasonal requirements or project-specific needs without committing to long-term hardware.
The offering includes a wide range of desktops, laptops and presentation devices for short and long-term business requirements. The company only rents IT equipment from top brands such as IBM, Dell, HP, Lenovo, Sony, Apple, Compaq and Toshiba and ensures seamless compatibility of the software with the rented equipment and seamless integration with its customers’ existing branded equipment. The product range also includes additional equipment such as large screens, LCD projectors, plasma screens and related accessories.
IPO INFO
12 Nov, 04:05
Swiggy Limited IPO Allotment out
👇
https://www.linkintime.co.in/Initial_Offer/public-issues.html
👇
https://www.linkintime.co.in/Initial_Offer/public-issues.html
IPO INFO
12 Nov, 03:41
Sagility IPO Pre Open Links
NSE
https://www.nseindia.com/market-data/new-stock-exchange-listings-today
BSE
https://www.bseindia.com/stock-share-price/sagility-india-ltd/sagility/544282/
NSE
https://www.nseindia.com/market-data/new-stock-exchange-listings-today
BSE
https://www.bseindia.com/stock-share-price/sagility-india-ltd/sagility/544282/
IPO INFO
12 Nov, 02:30
ACME Solar Holdings Limited IPO Allotment out 👇
https://kosmic.kfintech.com/ipostatus/
https://kosmic.kfintech.com/ipostatus/
IPO INFO
11 Nov, 06:31
📢 November Upcoming IPOs
📈Mainboard :
📍BlackBuck (Zinka Logistics Solution Limited)
IPO Dates : 13-18 Nov
Issue Size : 1114.72 Crores
📍NTPC Green Energy
Expected IPO Dates : 18-21 Nov
Expected Issue Size : 10000 Crores
📍Avanse Financial Services
IPO Dates : TBA
Expected Issue Size : 3500 Crores
📉SME:
📍Mangal Compusolution
IPO Dates : 12-14 Nov
Issue Size : 16.23 Crores
📍Onyx Biotec
IPO Dates : 13-18 Nov
Issue Size : 29.34 Crores
📍Rosmerta Digital Services
IPO Dates : 18-21 Nov
Issue Size : 206.33 Crores
📈Mainboard :
📍BlackBuck (Zinka Logistics Solution Limited)
IPO Dates : 13-18 Nov
Issue Size : 1114.72 Crores
📍NTPC Green Energy
Expected IPO Dates : 18-21 Nov
Expected Issue Size : 10000 Crores
📍Avanse Financial Services
IPO Dates : TBA
Expected Issue Size : 3500 Crores
📉SME:
📍Mangal Compusolution
IPO Dates : 12-14 Nov
Issue Size : 16.23 Crores
📍Onyx Biotec
IPO Dates : 13-18 Nov
Issue Size : 29.34 Crores
📍Rosmerta Digital Services
IPO Dates : 18-21 Nov
Issue Size : 206.33 Crores
IPO INFO
09 Nov, 08:36
NTPC Green Energy Limited Tentative Date
Open Date :-18-11-2024
Close Date :- 21-11-2024
Allotment Date :- 22-11-2024
Listing Date :- 26-11-2024
Price Band Approx :- ₹120 - ₹125
Lot Size :- TBA
Amount Per Lot :- ₹ TBA
Issue Size :- ₹10000 Cr (Aprrox)
Face Value :- ₹10
Listing On :- NSE & BSE
QIB :- 75%
HNI :- 15%
Retail :- 10%
Open Date :-18-11-2024
Close Date :- 21-11-2024
Allotment Date :- 22-11-2024
Listing Date :- 26-11-2024
Price Band Approx :- ₹120 - ₹125
Lot Size :- TBA
Amount Per Lot :- ₹ TBA
Issue Size :- ₹10000 Cr (Aprrox)
Face Value :- ₹10
Listing On :- NSE & BSE
QIB :- 75%
HNI :- 15%
Retail :- 10%
IPO INFO
09 Nov, 06:53
Sagility IPO Allotment Link
https://www.linkintime.co.in/Initial_Offer/public-issues.html
https://www.linkintime.co.in/Initial_Offer/public-issues.html
IPO INFO
08 Nov, 15:20
Neelam Linens and Garments SME IPO Details
🗓️Date : 8 Nov - 12 Nov,2024
🏷️Price Band : ₹24
📦Market Lot : 6000 Shares
💰Appl Amt : ₹144000
📏Size : ₹ 13.00Crs
👦Retail Portion : 35%
📃 Retail Form : 6000
📄HNI Big Form : 12000
🏷️Face Value : ₹10
Recommended ❌❌❌
🗓️Date : 8 Nov - 12 Nov,2024
🏷️Price Band : ₹24
📦Market Lot : 6000 Shares
💰Appl Amt : ₹144000
📏Size : ₹ 13.00Crs
👦Retail Portion : 35%
📃 Retail Form : 6000
📄HNI Big Form : 12000
🏷️Face Value : ₹10
Recommended ❌❌❌
IPO INFO
04 Nov, 13:38
Sagility India IPO Activity Date
Basis of Allotment Date* 8th Nov 2024
Refunds Initiation* 8th Nov 2024
Credit of Shares to Demat* 11th Nov 2024
IPO Listing Date* 12th Nov 2024
Basis of Allotment Date* 8th Nov 2024
Refunds Initiation* 8th Nov 2024
Credit of Shares to Demat* 11th Nov 2024
IPO Listing Date* 12th Nov 2024
IPO INFO
04 Nov, 09:23
Sagility India Limited IPO
Date : 5 - 7 Nov ,2024
Price Band : ₹28- ₹30
Market Lot : 500 Shares
Appl Amt : ₹15,000
Size : ₹2,106 Cr Approx
Retail Portion : 10%
Retail Form : 1,40,085
HNI Small Form : 5,003
HNI Big Form : 10,006
Face Value : ₹10
Recommended ❌
Date : 5 - 7 Nov ,2024
Price Band : ₹28- ₹30
Market Lot : 500 Shares
Appl Amt : ₹15,000
Size : ₹2,106 Cr Approx
Retail Portion : 10%
Retail Form : 1,40,085
HNI Small Form : 5,003
HNI Big Form : 10,006
Face Value : ₹10
Recommended ❌
IPO INFO
04 Nov, 07:06
Sagility India IPO Objective
The objectives of the Offer are to:
👉Achieve the benefits of listing the Equity Shares on the Stock Exchanges,
and
👉Carry out the Offer for Sale of up to 702,199,262 Equity Shares of the face value of Rs. 10 each by the Promoter Selling Shareholder
The objectives of the Offer are to:
👉Achieve the benefits of listing the Equity Shares on the Stock Exchanges,
and
👉Carry out the Offer for Sale of up to 702,199,262 Equity Shares of the face value of Rs. 10 each by the Promoter Selling Shareholder
IPO INFO
04 Nov, 06:03
Sagility India IPO Strengths
☀️Leading company in the U.S. Payer and provider solutions market
☀️Domain expertise with end-to-end service offerings to payers and providers
☀️A comprehensive suite of scalable, technology-enabled services and solutions
☀️Strong and long-term relationship with customers
☀️Leading company in the U.S. Payer and provider solutions market
☀️Domain expertise with end-to-end service offerings to payers and providers
☀️A comprehensive suite of scalable, technology-enabled services and solutions
☀️Strong and long-term relationship with customers
IPO INFO
04 Nov, 05:49
Sagility India company Research report
Sagility India is a technology-enabled pure-play healthcare focused service provider company to Payers and providers, such as primarily hospitals, physicians, and diagnostic and medical device companies.
The company offers various services to Payers, including claims management, payment integrity, clinical management, etc. And to providers, it provides revenue cycle management services, managing bills and claim the cost of treatment from payers. It further provides services to pharmacy benefit managers for managing prescription drug for insured persons.
It has five global service delivery locations in India, the Philippines, the U.S., Jamaica and Colombia.
Sagility India is a technology-enabled pure-play healthcare focused service provider company to Payers and providers, such as primarily hospitals, physicians, and diagnostic and medical device companies.
The company offers various services to Payers, including claims management, payment integrity, clinical management, etc. And to providers, it provides revenue cycle management services, managing bills and claim the cost of treatment from payers. It further provides services to pharmacy benefit managers for managing prescription drug for insured persons.
It has five global service delivery locations in India, the Philippines, the U.S., Jamaica and Colombia.
IPO INFO
04 Nov, 04:15
LISTING UPDATE
---
AFCONS🏗️
IPO PRICE: 463
LOT SIZE - RETAIL: 32
LOT SIZE - HNI: 448
LISTING PRICE: 426(-7.99%)
LISTING LOSS - RETAIL: 1184/-
LISTING LOSS - HNI: 16576/-
---
AFCONS🏗️
IPO PRICE: 463
LOT SIZE - RETAIL: 32
LOT SIZE - HNI: 448
LISTING PRICE: 426(-7.99%)
LISTING LOSS - RETAIL: 1184/-
LISTING LOSS - HNI: 16576/-
IPO INFO
04 Nov, 03:34
LISTING ON TODAY
Afcons Infrastructure (Main Board)
Listing Date : Today, Nov 04, 2024
BSE Script : 544280
NSE Code : AFCONS
IPO Price : ₹ 463
Afcons Infrastructure (Main Board)
Listing Date : Today, Nov 04, 2024
BSE Script : 544280
NSE Code : AFCONS
IPO Price : ₹ 463
IPO INFO
03 Nov, 05:37
Niva Bupa Health Insurance Company Limited IPO
IPO Dates : 7 - 11 Nov ,2024
Face Value : ₹10
Retail Portion : 10%
Issue size : Approx 2200 Crores
More Details Coming Soon 🔜
IPO Dates : 7 - 11 Nov ,2024
Face Value : ₹10
Retail Portion : 10%
Issue size : Approx 2200 Crores
More Details Coming Soon 🔜
IPO INFO
02 Nov, 14:48
#Upcoming #IPO
Brigade Hotel Ventures Limited Files DRHP With SEBI
Size : 900 Cr (Full Fresh)
FV : 10
Retail : 10%
SHAREHOLDER QUOTA ✅
Parent Company : Brigade Enterprises Limited
More Details Coming Soon
Brigade Hotel Ventures Limited Files DRHP With SEBI
Size : 900 Cr (Full Fresh)
FV : 10
Retail : 10%
SHAREHOLDER QUOTA ✅
Parent Company : Brigade Enterprises Limited
More Details Coming Soon
IPO INFO
31 Oct, 07:49
HDB Financial Services Files DRHP With SEBI
Size : 12,500 Crore
Fresh - 2,500 Crore
OFS - 10,000 Crore
Retail : 35%
Employee Quota : Yes
SHAREHOLDER QUOTA: YES
Parent Company: HDFC Bank Limited
Size : 12,500 Crore
Fresh - 2,500 Crore
OFS - 10,000 Crore
Retail : 35%
Employee Quota : Yes
SHAREHOLDER QUOTA: YES
Parent Company: HDFC Bank Limited
IPO INFO
30 Oct, 06:01
New Mainboard IPO
Sagility India IPO
Price Band : 28-30
Issue Dates : 5-7 November 2024 (Clashing with Swiggy IPO)
GMP started with a bang 💥
20 (66%)
Sagility India IPO
Price Band : 28-30
Issue Dates : 5-7 November 2024 (Clashing with Swiggy IPO)
GMP started with a bang 💥
20 (66%)
IPO INFO
29 Oct, 04:33
SWIGGY IPO
Date : 6-8 November
Price Band : 371-390
Issue Size : 11,327.4 Cr
Fresh - 4499 Cr
OFS - 6828.4 Cr
FV : 1
Retail : 10%
Employee Quota : 36.75 Cr
More Details Coming Soon
Date : 6-8 November
Price Band : 371-390
Issue Size : 11,327.4 Cr
Fresh - 4499 Cr
OFS - 6828.4 Cr
FV : 1
Retail : 10%
Employee Quota : 36.75 Cr
More Details Coming Soon
IPO INFO
28 Oct, 12:07
Afcons Infrastructure IPO Date
Basis of Allotment Date* 30th Oct 2024
Refunds Initiation* 31st Oct 2024
Credit of Shares to Demat* 31st Oct 2024
IPO Listing Date* 4th Nov 2024
Basis of Allotment Date* 30th Oct 2024
Refunds Initiation* 31st Oct 2024
Credit of Shares to Demat* 31st Oct 2024
IPO Listing Date* 4th Nov 2024
IPO INFO
28 Oct, 09:52
Afcons Infrastructure Limited IPO
🗓️Date : 25 - 29 Oct ,2024
🏷️Price Band : ₹440- ₹463
📦Market Lot : 32 Shares
💰Appl Amt : ₹14,816
📏Size : ₹5,430 Cr Approx
👦Retail Portion : 35%
📃 Retail Form : 12.76 Lakhs Approx
📄HNI Small Form : 13 K Approx
📄HNI Big Form : 26 K Approx
🏷️Face Value : ₹10
Recommended ✅
🗓️Date : 25 - 29 Oct ,2024
🏷️Price Band : ₹440- ₹463
📦Market Lot : 32 Shares
💰Appl Amt : ₹14,816
📏Size : ₹5,430 Cr Approx
👦Retail Portion : 35%
📃 Retail Form : 12.76 Lakhs Approx
📄HNI Small Form : 13 K Approx
📄HNI Big Form : 26 K Approx
🏷️Face Value : ₹10
Recommended ✅
IPO INFO
28 Oct, 07:47
Afcons Infrastructure IPO Objective
The Company proposes to utilise the Net Proceeds towards funding the following objects
👉Capital expenditure towards purchase of construction equipment
Funding long term working capital requirements
👉Prepayment or scheduled repayment of a portion of certain outstanding borrowings and acceptances availed by the Company
👉General corporate purpose
The Company proposes to utilise the Net Proceeds towards funding the following objects
👉Capital expenditure towards purchase of construction equipment
Funding long term working capital requirements
👉Prepayment or scheduled repayment of a portion of certain outstanding borrowings and acceptances availed by the Company
👉General corporate purpose
IPO INFO
28 Oct, 07:02
Afcons Infrastructure IPO Strengths
☀️Strong track record of delivering large, complex and high value projects on time.
☀️Diversified order book across different regions, customers and business units, long-standing relationships with customers around the world and strong financial performance.
☀️Collaboration between internal teams and with joint venture partners and a strategic equipment base resulting in a strong execution capability.
☀️Knowledge management and innovation practices.
☀️Strong track record of delivering large, complex and high value projects on time.
☀️Diversified order book across different regions, customers and business units, long-standing relationships with customers around the world and strong financial performance.
☀️Collaboration between internal teams and with joint venture partners and a strategic equipment base resulting in a strong execution capability.
☀️Knowledge management and innovation practices.
IPO INFO
28 Oct, 06:24
Afcons Infrastructure company Research Report
Afcons Infrastructure Limited was founded in November 1976. The company is the flagship of the Shapoorji Pallonji Group, a diversified Indian conglomerate, and has a history of over six decades. The company has a long track record of executing numerous complex, challenging and unique EPC projects both in India and internationally.
In the last ten financial years and the six-month period ending September 30, 2023, the company has successfully completed 76 projects across 15 countries with a historical total contract value of ₹ 522.20 billion.
As of September 30, 2023, the company has 67 active projects in 13 countries with a total order backlog of ₹ 348.88 billion.
Over the years, the company has expanded its presence globally and particularly in Asia, Africa and the Middle East. The company has executed many complex, challenging, unique and one-of-a-kind infrastructure projects in India and the rest of the world.
Marine and industrial projects include harbor covers, harbor piers, dry docks, wet basins, breakwaters, outlet and inlet structures, liquefied gas tanks and material handling systems.
Afcons Infrastructure Limited was founded in November 1976. The company is the flagship of the Shapoorji Pallonji Group, a diversified Indian conglomerate, and has a history of over six decades. The company has a long track record of executing numerous complex, challenging and unique EPC projects both in India and internationally.
In the last ten financial years and the six-month period ending September 30, 2023, the company has successfully completed 76 projects across 15 countries with a historical total contract value of ₹ 522.20 billion.
As of September 30, 2023, the company has 67 active projects in 13 countries with a total order backlog of ₹ 348.88 billion.
Over the years, the company has expanded its presence globally and particularly in Asia, Africa and the Middle East. The company has executed many complex, challenging, unique and one-of-a-kind infrastructure projects in India and the rest of the world.
Marine and industrial projects include harbor covers, harbor piers, dry docks, wet basins, breakwaters, outlet and inlet structures, liquefied gas tanks and material handling systems.
IPO INFO
28 Oct, 03:43
Waaree Energies IPO pre session rate
https://www.nseindia.com/get-quotes/equity?symbol=WAAREEENER
https://www.nseindia.com/get-quotes/equity?symbol=WAAREEENER
IPO INFO
27 Oct, 05:44
🛵 Swiggy Limited IPO
Expected IPO Dates : 6-8 Nov ,2024
Face Value : ₹1
Retail Portion : 10%
Issue size : Approx 11,800 Crores
More Details Coming Soon 🔜
Expected IPO Dates : 6-8 Nov ,2024
Face Value : ₹1
Retail Portion : 10%
Issue size : Approx 11,800 Crores
More Details Coming Soon 🔜
IPO INFO
26 Oct, 07:08
Mamata Machinery Limited IPO
IPO Dates : Expected Soon 🔜
Face Value : ₹10
Retail Portion : 35%
Expected Issue Size : Approx ₹160 Crores
More Details Coming Soon 🔜
IPO Dates : Expected Soon 🔜
Face Value : ₹10
Retail Portion : 35%
Expected Issue Size : Approx ₹160 Crores
More Details Coming Soon 🔜
IPO INFO
25 Oct, 12:43
Usha Financial Services SME IPO Activity Date
Basis of Allotment Date* 29th Oct 2024
Refunds Initiation* 30th Oct 2024
Credit of Shares to Demat* 30th Oct 2024
SME IPO Listing Date* 31st Oct 2024
Basis of Allotment Date* 29th Oct 2024
Refunds Initiation* 30th Oct 2024
Credit of Shares to Demat* 30th Oct 2024
SME IPO Listing Date* 31st Oct 2024
IPO INFO
25 Oct, 09:30
Usha Financial Services SME IPO Details
🗓️Date : 24 Oct - 28 Oct,2024
🏷️Price Band : ₹168
📦Market Lot : 800 Shares
💰Appl Amt : ₹134400
📏Size : ₹ 98.45Crs
👦Retail Portion : 35%
📃 Retail Form : 800
📄HNI Big Form : 1600
🏷️Face Value : ₹10
Recommended ✅
🗓️Date : 24 Oct - 28 Oct,2024
🏷️Price Band : ₹168
📦Market Lot : 800 Shares
💰Appl Amt : ₹134400
📏Size : ₹ 98.45Crs
👦Retail Portion : 35%
📃 Retail Form : 800
📄HNI Big Form : 1600
🏷️Face Value : ₹10
Recommended ✅
IPO INFO
25 Oct, 07:26
Usha Financial Services SME IPO Objective
The Company intends to utilize the Net Proceeds for the following objects:
👉Augment the capital base of the Company
👉General Corporate Purposes.
The Company intends to utilize the Net Proceeds for the following objects:
👉Augment the capital base of the Company
👉General Corporate Purposes.
IPO INFO
25 Oct, 06:38
Usha Financial Services SME IPO Strengths
☀️Experienced and qualified team of managers
☀️Strategic agreements and partnership with several NBFCs
☀️Robust risk management practices
☀️Experienced and qualified team of managers
☀️Strategic agreements and partnership with several NBFCs
☀️Robust risk management practices
IPO INFO
25 Oct, 05:53
Waaree Energies IPO allotment out
👇👇
https://www.linkintime.co.in/Initial_Offer/public-issues.html
👇👇
https://www.linkintime.co.in/Initial_Offer/public-issues.html
IPO INFO
25 Oct, 05:53
CAPITAL HISTORY:
The company is coming out with its maiden book building route IPO of 5860000 equity shares of Rs. 10 each to mobilize Rs. 98.45 cr. (at the upper cap). The company has announced a price band of Rs. 160 - Rs. 168 per share. The issue opens for subscription on October 24, 2024, and will close on October 28, 2024. The minimum number of shares to be applied is for 800 shares and in multiples thereon, thereafter. Post allotment, shares will be listed on NSE SME Emerge. The issue constitutes 26.96% of the post-IPO paid-up capital of the company. From the net proceeds of the IPO, the company will utilize Rs. 70.00 cr. for augmenting the capital base, and the rest for general corporate purposes.
The IPO is jointly lead managed by Narnolia Financial Services Ltd., and Unistone Capital Pvt. Ltd., while Skyline Financial Services Pvt. Ltd. is the registrar to the issue. SS Corporate Securities Ltd., is the Market Maker for the company. The issue is underwritten to the tune of 50.01% by Narnolia Financial and 49.99% by Unistone Capital.
Having issued/converted initial equity shares at par value, the company issued further equity shares in the price range of Rs. 30.00 - Rs. 527 per share between March 2007, and July 2023. It has also issued bonus shares in the ratio of 1 for 5 in June 2024. The average cost of acquisition of shares by the promoters is Rs. 20.10, Rs. 24.44, Rs. 50.00, Rs. 50.36, and Rs. 61.07 per share.
Post-IPO, company's current paid-up equity capital of Rs. 15.88 cr. will stand enhanced to Rs. 21.74 cr. Based on the upper price band of the IPO, the company is looking for a market cap of Rs. 365.19 cr.
The company is coming out with its maiden book building route IPO of 5860000 equity shares of Rs. 10 each to mobilize Rs. 98.45 cr. (at the upper cap). The company has announced a price band of Rs. 160 - Rs. 168 per share. The issue opens for subscription on October 24, 2024, and will close on October 28, 2024. The minimum number of shares to be applied is for 800 shares and in multiples thereon, thereafter. Post allotment, shares will be listed on NSE SME Emerge. The issue constitutes 26.96% of the post-IPO paid-up capital of the company. From the net proceeds of the IPO, the company will utilize Rs. 70.00 cr. for augmenting the capital base, and the rest for general corporate purposes.
The IPO is jointly lead managed by Narnolia Financial Services Ltd., and Unistone Capital Pvt. Ltd., while Skyline Financial Services Pvt. Ltd. is the registrar to the issue. SS Corporate Securities Ltd., is the Market Maker for the company. The issue is underwritten to the tune of 50.01% by Narnolia Financial and 49.99% by Unistone Capital.
Having issued/converted initial equity shares at par value, the company issued further equity shares in the price range of Rs. 30.00 - Rs. 527 per share between March 2007, and July 2023. It has also issued bonus shares in the ratio of 1 for 5 in June 2024. The average cost of acquisition of shares by the promoters is Rs. 20.10, Rs. 24.44, Rs. 50.00, Rs. 50.36, and Rs. 61.07 per share.
Post-IPO, company's current paid-up equity capital of Rs. 15.88 cr. will stand enhanced to Rs. 21.74 cr. Based on the upper price band of the IPO, the company is looking for a market cap of Rs. 365.19 cr.
IPO INFO
25 Oct, 04:33
Usha Financial Services Ltd Company Research Report
Usha Financial Services Ltd. (PLL) is a non-banking finance company ("NBFC") incorporated in the year 1995 registered with the Reserve Bank of India as a NBFC-ICC (Investment & Credit) - base layer- non-systemically important non-deposit taking NBFC with over 9 years of lending experience. It provides lending solutions to fellow NBFCs and corporates, MSMEs, and individual, particularly to women entrepreneurs. Its services also extend to Electric vehicle (EV) financing. It provides a diversified range of financial products to individuals, body corporates, NBFCs and MSMEs.
The company evaluates borrowers before providing them with the loans and financing. It has a dedicated team to conduct the evaluation. Its customer due diligence procedures encompass multiple levels of checks and controls designed to assess the capacity of customers and to confirm that they meet stringent selection criteria and include comprehensive evaluation of repayment capacity and detailed cash flows analysis of the customer.
The company ensures that the loan disbursement process is efficient, smooth, and transparent, with a quick turnaround time (TAT) and a strong focus on customer satisfaction. These loans are EMI-based with competitive interest rates and other favourable terms. All disbursements are conducted through banking channels, directly into the customer's account. As of the date of filing this offer document, it had 43 employees on its payroll.
Usha Financial Services Ltd. (PLL) is a non-banking finance company ("NBFC") incorporated in the year 1995 registered with the Reserve Bank of India as a NBFC-ICC (Investment & Credit) - base layer- non-systemically important non-deposit taking NBFC with over 9 years of lending experience. It provides lending solutions to fellow NBFCs and corporates, MSMEs, and individual, particularly to women entrepreneurs. Its services also extend to Electric vehicle (EV) financing. It provides a diversified range of financial products to individuals, body corporates, NBFCs and MSMEs.
The company evaluates borrowers before providing them with the loans and financing. It has a dedicated team to conduct the evaluation. Its customer due diligence procedures encompass multiple levels of checks and controls designed to assess the capacity of customers and to confirm that they meet stringent selection criteria and include comprehensive evaluation of repayment capacity and detailed cash flows analysis of the customer.
The company ensures that the loan disbursement process is efficient, smooth, and transparent, with a quick turnaround time (TAT) and a strong focus on customer satisfaction. These loans are EMI-based with competitive interest rates and other favourable terms. All disbursements are conducted through banking channels, directly into the customer's account. As of the date of filing this offer document, it had 43 employees on its payroll.
IPO INFO
25 Oct, 01:52
Deepak Builders & Engineers India Limited IPO Allotment out
👇👇
https://kosmic.kfintech.com/ipostatus/
👇👇
https://kosmic.kfintech.com/ipostatus/
IPO INFO
24 Oct, 10:49
Godavari Biorefineries IPO Activity Date
Basis of Allotment Date* 28th Oct 2024
Refunds Initiation* 29th Oct 2024
Credit of Shares to Demat* 29th Oct 2024
IPO Listing Date* 30th Oct 2024
Basis of Allotment Date* 28th Oct 2024
Refunds Initiation* 29th Oct 2024
Credit of Shares to Demat* 29th Oct 2024
IPO Listing Date* 30th Oct 2024
IPO INFO
24 Oct, 09:21
Godavari Biorefineries Limited IPO
🗓️ Date : 23 - 25 Oct ,2024
🏷️ Price Band : ₹334- ₹352
📦 Market Lot : 42 Shares
💰 Appl Amt : ₹14,784
📏 Size : ₹554.7 Cr Approx
👦 Retail Portion : 35%
📃 Retail Form : 1,31,333
📄 HNI Small Form : 1,430
📄 HNI Big Form : 2,860
🏷️ Face Value : ₹10
Recommended ✅
🗓️ Date : 23 - 25 Oct ,2024
🏷️ Price Band : ₹334- ₹352
📦 Market Lot : 42 Shares
💰 Appl Amt : ₹14,784
📏 Size : ₹554.7 Cr Approx
👦 Retail Portion : 35%
📃 Retail Form : 1,31,333
📄 HNI Small Form : 1,430
📄 HNI Big Form : 2,860
🏷️ Face Value : ₹10
Recommended ✅
IPO INFO
24 Oct, 07:53
Godavari Biorefineries IPO Objective
The Company intends to utilize the Net Proceeds from the Fresh Issue towards funding the following objects (the"Objects"):
👉Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company; and
👉General corporate purposes.
The Company intends to utilize the Net Proceeds from the Fresh Issue towards funding the following objects (the"Objects"):
👉Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company; and
👉General corporate purposes.
IPO INFO
24 Oct, 06:51
Godavari Biorefineries IPO Strengths
☀️Leading manufacturer of ethanol-based chemicals and largest producer of ethanol
☀️Largest integrated bio refinery in India in terms of total installed capacity
☀️Diversified product portfolio and long-standing relationship
☀️Strong in-house research & development (R&D) capabilities
☀️Leading manufacturer of ethanol-based chemicals and largest producer of ethanol
☀️Largest integrated bio refinery in India in terms of total installed capacity
☀️Diversified product portfolio and long-standing relationship
☀️Strong in-house research & development (R&D) capabilities
IPO INFO
24 Oct, 06:33
Godavari Biorefineries company Research Report
Godavari Biorefineries is one of the prominent ethanol-based chemical manufacturers in India. It manufactures ethyl acetate, bio-ethyl acetate, MPO, 1,3 butylene glycol, crotonaldehyde, acetaldehyde, bio-acetic acid, etc. As of March 31, 2024, it has the largest integrated biorefinery in India in terms of total installed capacity.
It has a diversified product portfolio, including bio-based chemicals, sugar, different types of ethanol and power, which is used in various industries; food, beverages, pharmaceuticals, flavours & fragrances, power, fuel, personal care and cosmetics.
Hershey India, Hindustan Coca-Cola beverages, M/s Karnataka Chemicals, M/s Techno Waxchem Pvt Ltd, Privi Speciality Chemicals and Ankit Raj Organo Chemicals are the key customers.
Currently, the company has two manufacturing facilities, one located in the Bagalkot, Karnataka (Sameerwadi Manufacturing facility) for manufacturing of ethanol, sugar, and power and another is located in the Ahmednagar, Maharashtra (Sakarwadi Manufacturing Facility) for manufacturing bio-based chemicals.
As on March 31, 2024, its Sameerwadi facility has a crushing capacity of 18,000 TCD. As of March 31, 2024, it is one of the largest producers of ethanol in terms of volume with an installed capacity of 570 KLPD. And, Sakarwadi manufacturing unit has an aggregate installed bio-based chemical manufacturing capacity of 117,106.20 MTPA.
Godavari Biorefineries is one of the prominent ethanol-based chemical manufacturers in India. It manufactures ethyl acetate, bio-ethyl acetate, MPO, 1,3 butylene glycol, crotonaldehyde, acetaldehyde, bio-acetic acid, etc. As of March 31, 2024, it has the largest integrated biorefinery in India in terms of total installed capacity.
It has a diversified product portfolio, including bio-based chemicals, sugar, different types of ethanol and power, which is used in various industries; food, beverages, pharmaceuticals, flavours & fragrances, power, fuel, personal care and cosmetics.
Hershey India, Hindustan Coca-Cola beverages, M/s Karnataka Chemicals, M/s Techno Waxchem Pvt Ltd, Privi Speciality Chemicals and Ankit Raj Organo Chemicals are the key customers.
Currently, the company has two manufacturing facilities, one located in the Bagalkot, Karnataka (Sameerwadi Manufacturing facility) for manufacturing of ethanol, sugar, and power and another is located in the Ahmednagar, Maharashtra (Sakarwadi Manufacturing Facility) for manufacturing bio-based chemicals.
As on March 31, 2024, its Sameerwadi facility has a crushing capacity of 18,000 TCD. As of March 31, 2024, it is one of the largest producers of ethanol in terms of volume with an installed capacity of 570 KLPD. And, Sakarwadi manufacturing unit has an aggregate installed bio-based chemical manufacturing capacity of 117,106.20 MTPA.
IPO INFO
22 Oct, 11:23
Deepak Builders Engineers IPO Activity Date
Basis of Allotment Date* 24th Oct 2024
Refunds Initiation* 25th Oct 2024
Credit of Shares to Demat* 25th Oct 2024
IPO Listing Date* 28th Oct 2024
Basis of Allotment Date* 24th Oct 2024
Refunds Initiation* 25th Oct 2024
Credit of Shares to Demat* 25th Oct 2024
IPO Listing Date* 28th Oct 2024
IPO INFO
22 Oct, 08:46
🏗Deepak Builders & Engineers India Limited IPO
🗓️Date : 21 - 23 Oct ,2024
🏷️Price Band : ₹192- ₹203
📦Market Lot : 73 Shares
💰Appl Amt : ₹14,819
📏Size : ₹260.04 Cr Approx
👦Retail Portion : 35%
📃 Retail Form : 61,418
📄HNI Small Form : 627
📄HNI Big Form : 1,253
🏷️Face Value : ₹10
Recommended ✅
🗓️Date : 21 - 23 Oct ,2024
🏷️Price Band : ₹192- ₹203
📦Market Lot : 73 Shares
💰Appl Amt : ₹14,819
📏Size : ₹260.04 Cr Approx
👦Retail Portion : 35%
📃 Retail Form : 61,418
📄HNI Small Form : 627
📄HNI Big Form : 1,253
🏷️Face Value : ₹10
Recommended ✅
IPO INFO
22 Oct, 07:11
Deepak Builders Engineers IPO Objective
The Company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
👉Repayment/prepayment, in full or part, of certain borrowings availed by the Company;
👉Funding of working capital requirements of the company and
👉General corporate purposes.
The Company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
👉Repayment/prepayment, in full or part, of certain borrowings availed by the Company;
👉Funding of working capital requirements of the company and
👉General corporate purposes.
IPO INFO
22 Oct, 06:17
Deepak Builders Engineers IPO Strengths
☀️Growing engineering and construction company in northern India.
☀️Consistent growth in revenue and profitability.
☀️The issue is priced at a fair valuation.
☀️Strong order book value with a marquee client base of government and semi-government-controlled entities
☀️Sound track record of financial performance
☀️Experienced team of promoters and managers
☀️Growing engineering and construction company in northern India.
☀️Consistent growth in revenue and profitability.
☀️The issue is priced at a fair valuation.
☀️Strong order book value with a marquee client base of government and semi-government-controlled entities
☀️Sound track record of financial performance
☀️Experienced team of promoters and managers
IPO INFO
22 Oct, 04:42
Deepak Builders Engineers company Research Report
Deepak Builders & Engineers is an engineering and construction company, with a specialization in constructing administrative and institutional buildings, hospitals, medical colleges, stadium & sports complexes, residential complexes, historical memorial complexes, and more.
The company primarily focuses on construction projects but has also diversified into structural work such as flyovers, rail over bridges, rail under bridge, approach road, and other infrastructure projects. It undertakes construction and infrastructure projects both as EPC services and item-rate basis.
Business operates in three business verticals or segments;
1. Construction projects
2. Infrastructure projects
3. Sale of products
The company has a proven track record as an established EPC player and structural works across 4 states, Punjab, Haryana, Rajasthan, Uttarakhand, and 2 Union territories i.e., Chandigarh, and Delhi.
Currently, it has 12 ongoing projects, including 4 hospital and medical colleges, 1 administrative & institutional building, 1 industrial building, 4 infrastructure projects related to upgradation/development/redevelopment of Railway station, and 2 road & bridge projects.
As of June 2024, the company's order book stands at Rs 13,803.89 million
Deepak Builders & Engineers is an engineering and construction company, with a specialization in constructing administrative and institutional buildings, hospitals, medical colleges, stadium & sports complexes, residential complexes, historical memorial complexes, and more.
The company primarily focuses on construction projects but has also diversified into structural work such as flyovers, rail over bridges, rail under bridge, approach road, and other infrastructure projects. It undertakes construction and infrastructure projects both as EPC services and item-rate basis.
Business operates in three business verticals or segments;
1. Construction projects
2. Infrastructure projects
3. Sale of products
The company has a proven track record as an established EPC player and structural works across 4 states, Punjab, Haryana, Rajasthan, Uttarakhand, and 2 Union territories i.e., Chandigarh, and Delhi.
Currently, it has 12 ongoing projects, including 4 hospital and medical colleges, 1 administrative & institutional building, 1 industrial building, 4 infrastructure projects related to upgradation/development/redevelopment of Railway station, and 2 road & bridge projects.
As of June 2024, the company's order book stands at Rs 13,803.89 million
IPO INFO
22 Oct, 03:42
Hyundai Motor IPO pre session rate
https://www.nseindia.com/get-quotes/equity?symbol=HYUNDAI
https://www.nseindia.com/get-quotes/equity?symbol=HYUNDAI
IPO INFO
22 Oct, 03:04
Lakshya Powertech Limited SME
Allotment out
https://kosmic.kfintech.com/ipostatus/
Allotment out
https://kosmic.kfintech.com/ipostatus/
IPO INFO
22 Oct, 02:30
🚘 Hyundai Motor India Limited IPO
Listing Date : Tuesday, Oct 22, 2024
BSE Script : 544274
NSE Code : HYUNDAI
IPO Price : ₹1960
Listing Date : Tuesday, Oct 22, 2024
BSE Script : 544274
NSE Code : HYUNDAI
IPO Price : ₹1960
IPO INFO
21 Oct, 10:51
Waaree Energies IPO Activity Date
Basis of Allotment Date* 24th Oct 2024
Refunds Initiation* 25th Oct 2024
Credit of Shares to Demat* 25th Oct 2024
IPO Listing Date* 28th Oct 2024
Basis of Allotment Date* 24th Oct 2024
Refunds Initiation* 25th Oct 2024
Credit of Shares to Demat* 25th Oct 2024
IPO Listing Date* 28th Oct 2024
IPO INFO
21 Oct, 09:31
☀️Waaree Energies Limited IPO
🗓️Date : 21 - 23 Oct ,2024
🏷️Price Band : ₹1427- ₹1503
📦Market Lot : 9 Shares
💰Appl Amt : ₹13,527
📏Size : ₹4,321.44 Cr Approx
👦Retail Portion : 35%
📃 Retail Form : 11,01,319
📄HNI Small Form : 10,489
📄HNI Big Form : 20,978
🏷️Face Value : ₹10
Recommended ✅
🗓️Date : 21 - 23 Oct ,2024
🏷️Price Band : ₹1427- ₹1503
📦Market Lot : 9 Shares
💰Appl Amt : ₹13,527
📏Size : ₹4,321.44 Cr Approx
👦Retail Portion : 35%
📃 Retail Form : 11,01,319
📄HNI Small Form : 10,489
📄HNI Big Form : 20,978
🏷️Face Value : ₹10
Recommended ✅
IPO INFO
21 Oct, 07:34
Waaree Energies IPO Objective
The net proceeds of the Fresh Issue are proposed to be utilised in the following manner:
👉Part finance the cost of establishing the 6GW of Ingot Wafer, Solar Cell and Solar PV Module manufacturing facility in Odisha, India(“Project”).
👉General corporate purposes.
The net proceeds of the Fresh Issue are proposed to be utilised in the following manner:
👉Part finance the cost of establishing the 6GW of Ingot Wafer, Solar Cell and Solar PV Module manufacturing facility in Odisha, India(“Project”).
👉General corporate purposes.
IPO INFO
21 Oct, 06:48
Waaree Energies IPO Strengths
☀️Largest manufacturer of solar PV modules in India
☀️Diversified customer base in India and across the globe
☀️Advanced manufacturing facilities with global accreditations
☀️Extensive PAN India retail network with 284 franchisees across India (June 30, 2023)
☀️Consistent and proven track record of financial performance
☀️Largest manufacturer of solar PV modules in India
☀️Diversified customer base in India and across the globe
☀️Advanced manufacturing facilities with global accreditations
☀️Extensive PAN India retail network with 284 franchisees across India (June 30, 2023)
☀️Consistent and proven track record of financial performance
IPO INFO
21 Oct, 06:10
Revenue from Operations in FY24:
🔹Direct Sales to Utilities and Enterprises: 32%
🔹Export Sales: 58%
🔹Retail Sales: 10%
Customer Contribution in FY24:
🔹Top 1 Customer: 9%
🔹Top 5 Customer: 40%
🔹Top 10 Customer: 56%
Order Book:
🔹Company has a significant order book for solar PV modules. By June 30, 2024, the order book totaled 16.66 GW, including domestic, export, and franchisee orders, along with an additional 3.75 GW from its U.S.-based subsidiary, Waaree Solar Americas Inc. Most orders are expected to be completed by Fiscal 2027, with the subsidiary's orders by Fiscal 2030.
Financials Highlights:
🔹Revenue in FY24 at ₹11,398 Cr⬆️69% YOY.
🔹PAT in FY24 at ₹1,274 Cr ⬆️154% YOY.
🔹EBITDA margin in FY24 at 14% as compared to 12% in FY23.
🔹EPS at ₹62.76 in FY24
🔹Direct Sales to Utilities and Enterprises: 32%
🔹Export Sales: 58%
🔹Retail Sales: 10%
Customer Contribution in FY24:
🔹Top 1 Customer: 9%
🔹Top 5 Customer: 40%
🔹Top 10 Customer: 56%
Order Book:
🔹Company has a significant order book for solar PV modules. By June 30, 2024, the order book totaled 16.66 GW, including domestic, export, and franchisee orders, along with an additional 3.75 GW from its U.S.-based subsidiary, Waaree Solar Americas Inc. Most orders are expected to be completed by Fiscal 2027, with the subsidiary's orders by Fiscal 2030.
Financials Highlights:
🔹Revenue in FY24 at ₹11,398 Cr⬆️69% YOY.
🔹PAT in FY24 at ₹1,274 Cr ⬆️154% YOY.
🔹EBITDA margin in FY24 at 14% as compared to 12% in FY23.
🔹EPS at ₹62.76 in FY24
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