Public Listing

Category: LISTED IPO

  • Aegis Vopak Terminals Limited IPO

    Unveiling the Future of Logistics: A Deep Dive into the Aegis Vopak Terminals IPO

    Get ready to explore a compelling investment opportunity in India’s robust logistics sector.

    Introduction to the Opportunity

    The Indian market is abuzz with the upcoming Initial Public Offering (IPO) of Aegis Vopak Terminals Limited (AVTL), a significant player in the country’s logistics infrastructure. As India’s economy continues its growth trajectory, the demand for efficient and secure storage solutions for critical commodities like LPG and liquid products is on the rise. This IPO presents a unique chance to invest in a company that stands at the forefront of this vital sector. Let’s delve into the details of AVTL’s offering and what makes it a noteworthy consideration for investors.

    Understanding Aegis Vopak Terminals: The Company Profile

    Aegis Vopak Terminals Limited, established in 2013, has emerged as India’s largest third-party tank storage operator for a diverse range of products, including LPG, chemicals, oils, and petroleum. With a strategic presence across five major Indian ports, the company boasts an impressive total capacity of 1.5 million cubic meters for liquids and 70,800 MT for LPG. AVTL operates through two core divisions: Gas Terminals and Liquid Terminals, playing a crucial role in facilitating import, export, and coastal trade operations in India. The company benefits from the strong backing of its globally reputed promoters, Aegis Group and Royal Vopak, which contributes significantly to its operational expertise and market standing.

    As of June 2024, AVTL employed 392 individuals, a testament to its operational scale and commitment to supporting India’s energy and industrial needs.

    Key Details of the Public Offering

    The Aegis Vopak Terminals IPO is a book-built issue, aiming to raise a substantial amount from the market. Here’s a quick snapshot of the key dates and financial parameters:

    IPO Timeline and Details

    ParticularDetail
    StatusUpcoming
    Open Date26 May 2025
    Close Date28 May 2025
    Listing Date02 Jun 2025
    IPO Price Range₹223 to ₹235
    IPO Size₹2800 Cr
    Listing ExchangeBSE, NSE

    IPO Application Lot Size & Investment

    CategoryLots (Min/Max)Shares (Min/Max)Amount (Min/Max)
    Retail1-1363 – 819₹14,049 – ₹182,637
    Small HNI (S-HNI)14-67882 – 4221₹196,686 – ₹941,283
    Big HNI (B-HNI)68+4284+₹955,332+

    IPO Progress Tracker

    Open (26 May)
    Close (28 May)
    Allotment (29 May)
    Listing (02 Jun)

    Purpose of the Public Offering

    Aegis Vopak Terminals aims to utilize the capital raised from this IPO to fuel its strategic growth and strengthen its financial foundation. The primary objectives include:

    • Repayment/Prepayment of Outstanding Borrowings: A portion of the proceeds will be used to reduce the company’s existing debt, which can lead to improved financial health and lower interest expenses.
    • Funding Capital Expenditure: The company plans to fund the contracted acquisition of a cryogenic LPG terminal in Mangalore. This expansion signifies AVTL’s commitment to enhancing its capacity and market reach in a high-demand segment.
    • General Corporate Purposes: The remaining funds will be allocated for various general corporate needs, providing flexibility for operational efficiency, working capital requirements, and future growth initiatives.

    Analyzing AVTL’s Financial Health

    A deep dive into Aegis Vopak Terminals’ financial statements reveals a compelling turnaround and steady growth. The company has successfully transitioned from reporting losses to achieving significant profitability, showcasing strong operational efficiency and strategic management.

    Profit and Loss Summary (in Rs. Crores)

    ParticularsFY22FY23FY24
    Revenue0.00355.99570.12
    EBITDA-0.58229.30397.54
    PAT-1.09-0.0886.54

    Balance Sheet Snapshot (in Rs. Crores)

    ParticularsFY22FY23FY24
    Total Assets102.563481.484523.40
    Share Capital0.501.001.00
    Total Borrowings98.101745.172586.42

    Cash Flow Summary (in Rs. Crores)

    ParticularsFY22FY23FY24
    Net Cash Generated From / (used in) operating activities-0.50172.49337.21
    Net Cash Generated From / (used in) investing activities-92.30-1785.61-857.48
    Net Cash Generated From / (used in) financing activities98.631629.17602.94
    Net Increase (Decrease) In Cash And Cash Equivalents6.8622.90105.57

    The financial data clearly indicates AVTL’s strong operational performance, highlighted by increasing revenue and a significant jump in Profit After Tax (PAT) in FY24. While total borrowings have increased, this aligns with the company’s expansion plans, which are expected to drive future growth.

    Strategic Outlook: SWOT Analysis

    Understanding a company’s internal capabilities and external environment is crucial. Here’s a brief SWOT analysis of Aegis Vopak Terminals:

    Strengths

    • Market Leadership: Positioned as India’s largest third-party tank storage operator for LPG and liquid products.
    • Strong Promoter Backing: Supported by globally recognized entities, Aegis and Royal Vopak, bringing extensive industry expertise.
    • Diversified Customer Base: A broad client portfolio helps mitigate dependency on any single customer.
    • Strategic Locations: Terminals are optimally located across key Indian ports, enhancing regional coverage and operational efficiency.

    Weaknesses

    • Regional Concentration Risk: High dependence on West Coast terminals could pose risks if regional economic or environmental factors change.
    • Hazardous Operations: Handling dangerous products necessitates stringent safety protocols and regulatory compliance, incurring higher operational costs.
    • Infrastructure Reliance: The business relies heavily on long-maintenance cycle infrastructure and equipment, requiring significant capital expenditure.
    • Limited Integration: Primarily focused on storage and handling, with limited upstream or downstream integration.

    Opportunities

    • LPG Capacity Expansion: Plans for expanding LPG capacity align with India’s growing domestic demand for cleaner energy.
    • New Terminal Developments: Upcoming cryogenic and greenfield terminals offer significant long-term growth potential.
    • Inorganic Growth: Scope for acquisitions and partnerships could accelerate market expansion and diversification.
    • Low-Carbon Fuels: Increasing demand for sustainable and low-carbon fuels opens new avenues for diversification.

    Threats

    • Operational Risks: Exposure to mechanical failures, natural disasters, and transport delays could impact revenue and operations.
    • Promoter Conflicts: Any disagreements among promoters could affect strategic decisions and daily operations.
    • Client Attrition: Revenue could be negatively impacted by the loss of major clients or reduced contract volumes.
    • Regulatory Landscape: Changes in environmental norms or regulatory policies could increase compliance costs and operational hurdles.

    Why Consider Investing in AVTL IPO?

    The Aegis Vopak Terminals IPO stands out for several compelling reasons, offering investors exposure to a critical infrastructure sector with strong growth drivers:

    • Dominant Market Position: As India’s largest third-party tank storage operator for LPG and liquid products, AVTL enjoys a significant competitive advantage.
    • Global Expertise & Backing: The association with Aegis Group and Royal Vopak provides the company with invaluable global expertise and robust financial support.
    • Impressive Financial Turnaround: The leap from financial losses to a Profit After Tax of ₹86.54 Cr in FY24 demonstrates strong management and a healthy business model.
    • Strategic Expansion: Planned investments in new terminals and cryogenic LPG infrastructure are poised to capture future demand and enhance long-term growth potential.
    • Favorable Industry Landscape: The increasing demand for LPG in India, coupled with government initiatives promoting energy security and robust port infrastructure, creates a conducive environment for AVTL’s continued expansion.

    How to Participate in the IPO

    Applying for the Aegis Vopak Terminals IPO is designed to be a straightforward process. If you’re considering participating, here are the general steps:

    1. Create Your UPI ID: Ensure you have a valid UPI ID linked to your bank account for seamless payment.
    2. Apply Online: Log in to your preferred trading platform (like the 5paisa App or website) and navigate to the IPO section. Select the Aegis Vopak Terminals IPO.
    3. Place Your Bid: Enter the desired number of lots and the price at which you wish to apply (within the given price band).
    4. Authorize Mandate: Enter your UPI ID and submit your application. You will receive a mandate notification on your UPI app to authorize the blocking of funds for your bid.

    Connect with the Company & Registrar

    For further queries or official communication regarding the IPO, you can reach out to the following:

    Aegis Vopak Terminals Contact Information

    • Address: 502, Skylon, G.I.D.C, Char Rasta, Vapi, Valsad, 396195, Gujarat, India
    • Phone: +91 22 4193 6666
    • Email: secretarial@aegisindia.com
    • Website: http://www.aegisvopak.com/

    IPO Registrar Details

    • Registrar: Link Intime India Private Ltd
    • Phone: +91-22-4918 6270
    • Email: aegisvopak.ipo@linkintime.co.in
    • Website: https://linkintime.co.in/Initial_Offer/public-issues.html

    Book Running Lead Managers

    • ICICI Securities Limited
    • BNP Paribas
    • IIFL Securities Ltd
    • Jefferies India Private Limited
    • HDFC Bank Limited

    Conclusion

    The Aegis Vopak Terminals IPO presents a compelling opportunity to participate in the growth story of a leading infrastructure player in India. With strong promoter backing, a robust financial performance, and clear strategic objectives for expansion, AVTL appears well-positioned to capitalize on the increasing demand in the logistics and storage sector. As with any investment, it is advisable to conduct your own thorough due diligence and consider your financial goals before making a decision.

    Invest in securities market are subject to market risk, read all related documents carefully before investing.

  • Blue Water Logistics Limited IPO

    Dive into the Blue Water Logistics IPO: An In-Depth Analysis

    The Indian stock market is buzzing with activity, and the upcoming Blue Water Logistics Ltd IPO is capturing investor attention. With an IPO size of ₹40.50 Cr and a price range of ₹132 to ₹135 per share, this NSE SME IPO presents an interesting opportunity. Let’s delve into the details of Blue Water Logistics and explore what makes this IPO worth considering.

    Blue Water Logistics Logo

    About Blue Water Logistics Ltd

    Blue Water Logistics Ltd is a key player in the logistics industry, offering a comprehensive suite of services across air, sea, and land. With a focus on both domestic and international reach, the company has established a strong presence in the market. Their commitment to providing reliable and efficient logistics solutions has garnered a diverse client base across multiple industry verticals.

    Key IPO Details

    • IPO Size: ₹40.50 Cr
    • Price Range: ₹132 to ₹135 per share
    • Listing Exchange: NSE SME
    • Minimum Investment: ₹132,000 (1000 shares)

    IPO Timeline

    Open Date: 27 May 2025 Listing Date: 03 Jun 2025

    Detailed IPO Timeline

    EventDate
    Bidding Starts27 May 2025
    Bidding Ends29 May 2025
    Allotment Finalisation30 May 2025
    Refund Initiation02 Jun 2025
    Demat Transfer02 Jun 2025
    Listing03 Jun 2025

    SWOT Analysis of Blue Water Logistics Ltd

    A SWOT analysis helps in understanding the internal strengths and weaknesses of the company, as well as external opportunities and threats.

    StrengthsWeaknesses
    • Strong client relationships built over years.
    • Experienced promoters and directors leading the company.
    • Diverse customer base across multiple industries.
    • Comprehensive logistics services with wide coverage.
    • Heavy reliance on ocean freight revenue.
    • Delays in customs clearance impact operations.
    • Dependence on third-party vendors for services.
    • Revenue concentration from key customers.
    OpportunitiesThreats
    • Expand services in emerging logistics markets.
    • Increase global network reach and partnerships.
    • Diversify service offerings to reduce risks.
    • Leverage technology for operational efficiency.
    • Disruption in ocean freight operations.
    • Poor customs clearance damaging reputation.
    • Vendor service failures disrupting logistics flow.
    • Loss of key customers affecting revenue streams.

    Reasons to Consider Investing in Blue Water Logistics Ltd IPO

    • Financial Growth: Revenues have increased from ₹98 Cr in FY23 to ₹196 Cr in FY25.
    • Comprehensive Services: Offers logistics services across air, sea, and land with expanding domestic and international reach.
    • Experienced Leadership: Backed by experienced promoters and a diverse client base across multiple industry verticals.
    • Sector Growth: Positioned to benefit from the fast-growing Indian logistics sector and supportive government initiatives.

    Industry Overview and Growth Potential

    • India’s logistics sector is projected to reach USD 349.4 billion in 2025, growing at a CAGR of 9.32% through 2030.
    • The global logistics market is expected to expand from USD 11.23 trillion in 2025 to USD 23.14 trillion by 2034, at a CAGR of 8.36%.
    • Government initiatives like the Sagarmala and Bharatmala projects aim to reduce logistics costs and enhance port infrastructure.
    • Rising demand from sectors such as e-commerce, manufacturing, and FMCG is driving the need for efficient logistics solutions.

    Easy Steps to Subscribe for IPO

    Create UPI ID

    Create UPI ID

    Apply for IPO Online

    Apply for IPO Online Using Registered App or Website

    Authorise the UPI mandate

    Authorise the UPI mandate to block Payment

    Disclaimer: Investing in IPOs carries significant risks. It’s essential to conduct thorough research and consider your investment objectives and risk tolerance before making any decisions. The information provided here is for informational purposes only and should not be considered as financial advice.

  • Unified Data Tech IPO

    Unified Data Tech Solutions Ltd IPO: An In-Depth Analysis

    The Initial Public Offering (IPO) of Unified Data Tech Solutions Ltd is generating considerable buzz in the market. This blog post provides a comprehensive overview of the IPO, including essential details, company background, financial performance, and a SWOT analysis to help potential investors make informed decisions.

    Unified Data Tech Solutions Ltd IPO Logo
    10%
    22 May 2025 (Open Date) 29 May 2025 (Listing Date)

    Key IPO Highlights

    • Status: Preopen
    • RHP: View RHP
    • Minimum Investment: ₹ 104,000/ 400 shares

    IPO Details

    • Open Date: May 22, 2025
    • Close Date: May 26, 2025
    • Listing Date: May 29, 2025
    • IPO Price Range: ₹ 260 to ₹273
    • IPO Size: ₹ 144.47 Cr
    • Listing Exchange: BSE SME

    Company Snapshot

    Unified Data-Tech Solutions, established in 2010 and based in Mumbai, is an IT services firm specializing in providing customized IT solutions. Their expertise spans across:

    • Data Centers
    • Virtualization
    • Cybersecurity
    • Networking

    The company serves a diverse clientele in sectors such as banking and IT, offering advisory, system integration, and technical services. With branches in Pune and Ahmedabad, Unified Data Tech Solutions caters to over 1,000 clients and employs 38 professionals as of March 31, 2025. The Managing Director is Mr. Hiren Rajendra Mehta.

    Competitive Landscape

    Key competitors in the IT services space include:

    • Dynacons Systems & Solutions Limited
    • Orient Technologies Limited
    • Silver Touch Technologies Limited

    Objective of the IPO

    The company will not retain any funds from the Offer; all proceeds are designated for the Selling Shareholders.

    IPO Size Details

    Here’s a breakdown of the IPO size:

    TypeSize
    Total IPO Size₹144.47 Cr.
    Offer For Sale₹144.47 Cr.
    Fresh Issue–

    Lot Size Information

    Details regarding the lot size for application:

    ApplicationLotsSharesAmount
    Retail (Min)1400₹104,000
    Retail (Max)1400₹104,000
    HNI (Min)2800₹208,000

    Financial Performance

    A review of Unified Data Tech’s financial performance offers insights into its stability and growth.

    Profit and Loss Statement (₹ in Crores)

    ParticularsFY22FY23FY24
    Revenue95.50112.81266.80
    EBITDA11.1512.4727.87
    PAT9.7110.4025.13

    Balance Sheet (₹ in Crores)

    ParticularsFY22FY23FY24
    Total Assets36.1464.3078.42
    Share Capital0.050.050.05
    Total Borrowings000

    Cash Flow Statement

    Particulars (in Rs. Crores)FY22FY23FY24
    Net Cash Generated From / (used in) operating activities2.8123.369.79
    Net Cash Generated From / (used in) investing activities-5.55-1.06-29.13
    Net Cash Generated From / (used in) financing activities–––
    Net Increase (Decrease) In Cash And Cash Equivalents-2.7422.31-19.34

    SWOT Analysis

    A SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis provides a structured framework to evaluate Unified Data Tech’s position.

    Strengths

    • Strong and long-standing relationships with a wide range of clients.
    • Extensive delivery network ensuring consistent and timely project execution.
    • Stable financial performance with a history of successful project delivery.
    • Trusted supplier network enhancing operational efficiency and reliability.

    Weaknesses

    • Heavy dependence on a few key clients for major revenue streams.
    • Lack of long-term contracts leads to limited revenue visibility.
    • Operations heavily reliant on strategic technology partners.
    • Exposure to tax-related legal issues affecting reputation and finances.

    Opportunities

    • Growing demand for IT infrastructure in BFSI and tech sectors.
    • Expansion potential across new geographies and industry verticals.
    • Increasing need for cybersecurity and secure application delivery solutions.
    • Rising digital transformation initiatives across Indian enterprises.

    Threats

    • Intense competition from established IT service providers.
    • Rapid technological changes requiring continuous adaptation.
    • Economic downturns could reduce client IT spending.
    • Regulatory changes impacting service delivery or business model.

    Reasons to Consider Investing

    • Consistent revenue and PAT growth from FY22 to FY24 indicates financial strength.
    • Operates in high-growth IT sectors like data centers and cybersecurity.
    • Strong client and supplier partnerships ensure business continuity.
    • Well-positioned to benefit from India’s growing IT and cybersecurity markets.

    Industry Outlook

    • India’s IT services sector is growing at a substantial CAGR, projected to reach significant heights by 2030.
    • Data center investments are expected to surge, driven by AI and digital transformation.
    • The cybersecurity market is expanding rapidly amid increasing threats.
    • Government initiatives like Digital India are fostering IT infrastructure growth.

    Applying for the IPO

    Investing in the Unified Data Tech IPO is a straightforward process:

    1. Create a UPI ID.
    2. Apply for the IPO online through the Registered platform.
    3. Authorize the UPI mandate to block payment.

    Frequently Asked Questions (FAQs)

    • When does the IPO open and close?
      Opens May 22, 2025, and closes May 26, 2025.
    • What is the IPO size?
      The IPO is ₹144.47 Cr.
    • What is the price band?
      ₹260 to ₹273 per share.
    • How to apply?
      Apply through your Broking account by selecting the issue, entering the number of lots and price, and submitting your UPI ID.
    • What is the minimum lot size and investment?
      400 shares, requiring an investment of ₹104,000.
    • What is the allotment date?
      May 27, 2025.
    • What is the listing date?
      Likely to be May 29, 2025.
    • Who is the book runner?
      Hem Securities Limited.
    • What is the IPO objective?
      The company will not retain any funds from the Offer, as all proceeds are designated for the Selling Shareholders.

    Contact Information

    • Company: Unified Data- Tech Solutions Limited
    • Address: 701, 7th Floor, Chintamani Avenue, Village Dindoshi Off Western Express Highway
    • Phone: +91-22-40726000
    • Email: cs@udtechs.com
    • Website: http://www.udtechs.com/

    Registrar Details

    Lead Manager

    • Lead Manager: Hem Securities Limited

    Conclusion

    The Unified Data Tech Solutions IPO presents an opportunity for investors interested in the IT services sector. With detailed insights into the company’s profile, financial health, and strategic positioning, this analysis aims to equip investors with the knowledge needed to evaluate the IPO confidently. As with any investment, it’s advisable to consider personal investment goals and market conditions before making a final decision.

  • Dar Credit and Capital Limited IPO

    Decoding the Dar Credit Capital Ltd IPO: An In-Depth Analysis

    Dar Credit & Capital Ltd Logo

    Dar Credit & Capital Ltd Logo

    The financial market is abuzz with the Initial Public Offering (IPO) of Dar Credit Capital Ltd. This blog post aims to provide a comprehensive overview of the IPO, helping potential investors make informed decisions. We’ll delve into the company’s details, IPO specifics, financial health, and overall prospects.

    What Does Dar Credit Capital Do?

    Dar Credit & Capital Ltd is a Non-Banking Financial Company (NBFC) that focuses on providing financial services to underserved and semi-urban areas. They specialize in offering:

    • Fast digital loan processing for quicker access to funds.
    • Flexible lending options tailored to the unique needs of small businesses.
    • AI-driven risk assessment tools to improve loan quality and reduce default rates.

    Key Highlights of the Dar Credit & Capital IPO

    IPO Overview

    Status: Preopen

    RHP (Red Herring Prospectus): View RHP

    Minimum Investment: ₹114,000 (2000 shares)

    Important Dates

    Open Date: May 21, 2025

    Close Date: May 23, 2025

    Listing Date (Expected): May 28, 2025

    IPO Price Range: ₹57 to ₹60 per share

    IPO Size: ₹25.66 Cr

    Listing Exchange: NSE SME

    IPO Timeline

    EventDate
    Bidding StartsMay 21, 2025
    Bidding EndsMay 23, 2025
    Allotment FinalisationMay 26, 2025
    Refund InitiationMay 27, 2025
    Demat TransferMay 27, 2025
    ListingMay 28, 2025

    Detailed IPO Information

    IPO Size Breakdown

    TypeSize
    Total IPO Size₹25.66 Cr.
    Offer For Sale–
    Fresh Issue₹25.66 Cr.

    Lot Size Details

    ApplicationLotsSharesAmount
    Retail (Min)12000₹114,000
    Retail (Max)12000₹114,000
    HNI (Min)24000₹228,000

    Financial Performance Snapshot

    Profit and Loss Trends

    Particulars (in Rs. Crores)FY22FY23FY24
    Revenue24.6625.5733.01
    EBITDA15.9216.4621.92
    PAT2.512.933.97

    Balance Sheet Summary

    Particulars (in Rs. Crores)FY22FY23FY24
    Total Assets169.65187.27235.82
    Share Capital10.0010.0010.00
    Total Borrowings106.08120.45165.58

    Cash Flow Analysis

    ParticularsFY22FY23FY24
    Net Cash Generated From / (used in) operating activities20.96-14.23-31.07
    Net Cash Generated From / (used in) investing activities-7.8110.84-0.71
    Net Cash Generated From / (used in) financing activities-13.9012.0242.84
    Net Increase (Decrease) In Cash And Cash Equivalents-0.778.6311.06

    SWOT Analysis of Dar Credit & Capital

    Strengths

    • Fast digital loan processing.
    • Flexible lending solutions for underserved clients.
    • Strong local market knowledge.
    • AI-driven risk tools for improved loan quality.

    Weaknesses

    • Regionally concentrated loan portfolio.
    • High exposure to underserved segments raising NPA risks.
    • Dependence on accurate borrower data.
    • Potential IT disruptions.

    Opportunities

    • Expansion into new states.
    • Further leverage AI for underwriting and collections.
    • Tap into growing MSME demand for digital credit.
    • Strengthen presence among women entrepreneurs.

    Threats

    • Interest rate fluctuations.
    • Competitive NBFC landscape.
    • Regulatory changes.
    • Economic downturns affecting vulnerable borrowers.

    How to Apply for the IPO

    Applying for the Dar Credit & Capital IPO is simple. Here’s a quick guide:

    1. Create a UPI ID
    2. Apply for IPO Online Using Broker App or Website
    3. Authorise the UPI mandate to block Payment

    Frequently Asked Questions (FAQs)

    When does Dar Credit and Capital IPO open and close?

    Dar Credit and Capital IPO opens from 21 May 2025 to 23 May 2025.

    What is the size of the Dar Credit and Capital IPO?

    The size of Dar Credit and Capital IPO is ₹25.66 Cr.

    What is the price band of Dar Credit and Capital IPO?

    The price of Dar Credit and Capital IPO is fixed at ₹57 to ₹60 per share.

    What is the minimum lot size and investment required for Dar Credit and Capital IPO?

    The minimum lot size of Dar Credit and Capital IPO is 2,000 shares and the investment required is ₹114,000.

    What is the allotment date of Dar Credit and Capital IPO?

    The share allotment date of Dar Credit and Capital IPO is 26 May 2025.

    What is the Dar Credit and Capital IPO listing date?

    The Dar Credit and Capital IPO will likely be listed on 28 May 2025.

    Who is the book runner for Dar Credit and Capital IPO?

    GYR Capital Advisors Private Limited is the book running lead manager for Dar Credit and Capital IPO.

    What is the objective of the Dar Credit and Capital IPO?

    Dar Credit and Capital plans to utilise the raised capital from the IPO for:

    1. Repayment/pre-payment of certain borrowings
    2. General corporate purposes

    Contact Information

    Company Details

    Dar Credit and Capital Limited
    Business Tower, 206
    AJC Bose Road, 6th Floor, Unit No. 6B
    Phone: +91 9883847875
    Email: co.secretary@darcredit.com
    Website: https://www.darcredit.com/

    Registrar Details

    Kfin Technologies Limited
    Phone: 04067162222, 04079611000
    Email: dccl.ipo@kfintech.com
    Website: https://kosmic.kfintech.com/ipostatus/

    Lead Manager

    GYR Capital Advisors Private Limited

    In Conclusion

    The Dar Credit Capital Ltd IPO presents an opportunity to invest in a growing NBFC with a focus on digital lending and underserved markets. By understanding the company’s financials, strengths, and potential risks, investors can make a well-informed decision. Always conduct thorough research and consider seeking advice from financial advisors before investing in any IPO.

  • Belrise Industries Limited IPO

    Belrise Industries IPO: An In-Depth Analysis

    Belrise Industries IPO: An In-Depth Analysis

    Belrise Industries is poised to launch its Initial Public Offering (IPO), presenting a significant opportunity for investors. This blog post provides a detailed overview of the IPO, including the company’s background, IPO details, financial performance, strengths, weaknesses, opportunities, and threats. Whether you’re a seasoned investor or new to the IPO market, this analysis will help you make an informed decision.

    What does Belrise Industries Do?

    Belrise Industries specializes in manufacturing safety-critical automotive components. These include metal chassis systems, polymer parts, suspension, exhaust, and mirror systems. The company’s products are used in a variety of vehicles, including two-, three-, and four-wheelers, as well as commercial and agricultural vehicles.

    Belrise Industries IPO: Key Details

    Here’s a quick look at the essential details of the Belrise Industries IPO:

    • Status: Preopen
    • RHP (Red Herring Prospectus): View RHP
    • Minimum Investment: ₹ 14,110 (166 shares)
    Belrise Industries Logo

    IPO Timeline

    Bidding Starts
    21 May 2025
    Bidding Ends
    23 May 2025
    Allotment
    26 May 2025
    Refunds
    27 May 2025
    Demat Transfer
    27 May 2025
    Listing
    28 May 2025

    50% Complete: From IPO Open to Allotment

    Key Dates at a Glance

    • IPO Open Date: 21 May 2025
    • IPO Close Date: 23 May 2025
    • Listing Date: 28 May 2025
    • IPO Price Range: ₹ 85 to ₹ 90
    • IPO Size: ₹ 2150 Cr
    • Listing Exchange: BSE, NSE
    Apply Now

    About Belrise Industries

    Belrise Industries, established in 1988, is a key player in India’s auto components sector. As of June 30, 2024, the company operates 15 plants and supplies 27 Original Equipment Manufacturers (OEMs) globally. Its Managing Director is Mr. Shrikant Shankar Badve.

    Navigating the Industry: Peer Analysis

    Understanding where Belrise Industries stands in comparison to its peers can offer valuable insights. Some of its key competitors include:

    • Bharat Forge Ltd
    • Uno Minda Ltd
    • Motherson Sumi Wiring India Ltd
    • JBM Auto Ltd
    • Endurance Technologies Ltd
    • Minda Corporation Ltd (Spark Minda)

    Objectives of the IPO

    The funds raised from the IPO will be used for the following purposes:

    • Repayment/pre-payment of certain borrowings
    • General corporate purposes

    IPO Size Details

    Here’s a breakdown of the IPO size:

    TypeSize
    Total IPO Size₹2,150 Cr
    Offer For Sale–
    Fresh Issue₹2,150 Cr

    Lot Size Details

    Understanding the lot size is crucial for application. Here’s a summary:

    ApplicationLotsSharesAmount
    Retail (Min)1166₹14,110
    Retail (Max)132158₹183,430
    S-HNI (Min)142324₹197,540
    S-HNI (Max)6610956₹931,260
    B-HNI (Min)6711122₹945,370

    Financial Performance Overview

    A look at Belrise Industries’ financial performance over the past three fiscal years:

    Profit and Loss Statement (₹ in Crores)

    ParticularsFY22FY23FY24
    Revenue5,410.686,620.787,555.67
    EBITDA763.48897.66938.36
    PAT307.24356.70352.70

    Balance Sheet Snapshot (₹ in Crores)

    ParticularsFY22FY23FY24
    Total Assets5,196.075,679.156,041.65
    Share Capital20.3420.34325.50
    Total Borrowings2,597.962,271.402,440.98

    Cash Flow Highlights (₹ in Crores)

    ParticularsFY22FY23FY24
    Net Cash Generated From Operating Activities474.36789.49582.35
    Net Cash Generated From Investing Activities-543.13-194.26-361.64
    Net Cash Generated From Financing Activities-529.53-141.34-106.55
    Net Increase (Decrease) In Cash And Cash Equivalents-30.1965.7079.37

    SWOT Analysis of Belrise Industries

    A SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis helps in understanding the internal and external factors affecting Belrise Industries.

    StrengthsWeaknesses
    • Market leader in precision sheet metal pressing and fabrication
    • Strong innovation and technology-driven product development capabilities
    • Vertically integrated, efficient manufacturing infrastructure
    • Long-term relationships with leading domestic and global OEMs
    • Ongoing legal proceedings may harm reputation and financial health
    • Limited public visibility despite scale and client base
    • High dependency on automotive industry cycles
    • Complex operations may strain internal management systems
    OpportunitiesThreats
    • Rising demand for auto components in India and abroad
    • Growth in EVs benefits their EV-agnostic product line
    • Increasing export potential to new global markets
    • Scope for new tech-driven product innovation
    • Failure to adapt to industry trends may impact competitiveness
    • International business brings legal, tax, and compliance challenges
    • Rapid tech shifts may outpace internal R&D
    • Market volatility could affect OEM demand and orders

    Reasons to Consider Investing

    Here are a few reasons why you might consider investing in the Belrise Industries IPO:

    • Consistent revenue growth, crossing ₹7,500 crore in FY24.
    • IPO proceeds aimed at reducing debt and strengthening the balance sheet.
    • EV-agnostic, safety-critical components serving 27 OEMs, including major global brands.
    • Backed by 15 manufacturing plants and a strong export presence, positioning it for global scale-up.

    Industry Position and Potential

    Belrise Industries holds a significant position in the automotive component industry, with substantial growth potential.

    • Commands a 24% share in India’s two-wheeler metal components segment.
    • Supplies to 27 OEMs across Austria, UK, Japan, Thailand, and more.
    • Acquired H-One India to boost capabilities in lightweight, high-tensile steel parts.
    • India’s auto component industry may reach $200 billion by FY26, driven by demand and exports.

    Steps to Apply for the IPO

    Applying for the Belrise Industries IPO is straightforward:

    1. Create a UPI ID
    2. Apply for the IPO online using the Broker App or Website
    3. Authorize the UPI mandate to block payment

    Frequently Asked Questions (FAQs)

    When does Belrise Industries IPO open and close?

    The IPO opens from 21 May 2025 to 23 May 2025.

    What is the size of the Belrise Industries IPO?

    The size of the IPO is ₹2,150 Cr.

    What is the price band of Belrise Industries IPO?

    The price is fixed at ₹85 to ₹90 per share.

    How to apply for Belrise Industries IPO?

    Login to your 5paisa account, select the issue in the current IPO section, enter the number of lots and the price, and submit your UPI ID.

    What is the minimum lot size and investment required?

    The minimum lot size is 166 shares, requiring an investment of ₹14,110.

    What is the allotment date of Belrise Industries IPO?

    The share allotment date is 26 May 2025.

    What is the Belrise Industries IPO listing date?

    The IPO will likely be listed on 28 May 2025.

    Who are the book runners for Belrise Industries IPO?

    Axis Capital Ltd, HSBC Securities & Capital Markets Pvt Ltd, Jefferies India Pvt Ltd, and SBI Capital Markets Ltd are the book running lead managers.

    What is the objective of the Belrise Industries IPO?

    The company plans to utilize the raised capital for debt repayment and general corporate purposes.

    Contact Information

    For further inquiries, you can contact Belrise Industries or the IPO registrar:

    Belrise Industries

    • Address: Belrise Industries Limited, Plot No D-39, MIDC, Area Waluj
    • Phone: +910240 255120
    • Email: complianceofficer@belriseindustries.com
    • Website: http://www.belriseindustries.com/

    IPO Registrar

    Lead Managers

    • Axis Capital Limited
    • HSBC Securities & Capital Markets Pvt Ltd
    • Jefferies India Private Limited
    • SBI Capital Markets Limited

    Conclusion

    The Belrise Industries IPO presents a compelling investment opportunity, given its strong market position, consistent revenue growth, and strategic objectives. However, potential investors should carefully consider the company’s weaknesses, market dynamics, and associated risks before making a decision. By understanding the details outlined in this analysis, you can make a more informed choice about participating in this IPO.

  • Borana Weaves Limited IPO

    Decoding the Borana Weaves Ltd IPO: An In-Depth Analysis

    The primary market is buzzing with activity, and Borana Weaves Ltd is set to launch its IPO, offering a chance to invest in a Surat-based textile manufacturer. This blog post dives into the details of the IPO, providing a comprehensive analysis to help you make an informed decision.

    Borana Weaves: Weaving the Fabric of Innovation

    Borana Weaves Limited specializes in manufacturing unbleached synthetic grey fabric, essential for fashion, home decor, and industrial applications. They also produce polyester textured yarn (PTY), a vital component in grey fabric production. With three advanced manufacturing units in Surat, Gujarat, the company operates 700 water jet looms and maintains a comprehensive setup for texturizing, warping, and fabric finishing.

    Key IPO Details

    • Status: Upcoming
    • Open Date: May 20, 2025
    • Close Date: May 22, 2025
    • Listing Date: May 27, 2025
    • IPO Price Range: ₹205 to ₹216 per share
    • IPO Size: ₹144.89 Cr
    • Listing Exchange: BSE NSE

    IPO Timeline

    May 20, 2025
    Bidding Starts
    May 22, 2025
    Bidding Ends
    May 23, 2025
    Allotment Finalisation
    May 26, 2025
    Refund Initiation/Demat Transfer
    May 27, 2025
    Listing

    Investment Details

    • Minimum Investment: ₹14,145 (69 shares)

    Lot Size Details

    CategoryLotsSharesAmount (₹)
    Retail (Min)16914,145
    Retail (Max)13897183,885
    S-HNI (Min)14966198,030
    S-HNI (Max)674,623947,715
    B-HNI (Min)684,692961,860

    Company Valuation

    • Established: 2020
    • Chairman & MD: Mr. Mangilal Ambalal Borana
    • Peers: Jindal Worldwide Ltd., Vardhman Textiles Ltd., Arvind Ltd., KPR Mill Ltd., Gokaldas Exports Ltd., Shahlon Group Ltd.

    Financial Performance

    Analyzing the financial health of a company is crucial before investing. Here’s a snapshot of Borana Weaves’ financial performance:

    Profit and Loss Statement

    Particulars (₹ in Crores)FY22FY23FY24
    Revenue42.36135.53199.60
    EBITDA5.1726.0641.17
    PAT1.8016.3023.59

    Balance Sheet

    Particulars (₹ in Crores)FY22FY23FY24
    Total Assets31.9074.98137.90
    Share Capital0.010.040.04
    Total Borrowings27.3138.8969.10

    Cash Flow Statement

    Particulars (₹ in Crores)FY22FY23FY24
    Net Cash Generated From / (used in) operating activities-8.336.9022.13
    Net Cash Generated From / (used in) investing activities-16.37-22.10-48.07
    Net Cash Generated From / (used in) financing activities24.7015.2825.87
    Net Increase (Decrease) In Cash And Cash Equivalents0.010.07-0.08

    Objectives of the IPO

    The company plans to utilize the funds raised through the IPO for:

    • Setting up a new grey fabric manufacturing unit in Surat, Gujarat
    • Meeting additional working capital needs
    • General corporate purposes

    SWOT Analysis

    A SWOT analysis helps in understanding the internal strengths and weaknesses, as well as external opportunities and threats facing the company.

    Strengths

    • Advanced water jet looms enhance efficiency and fabric quality
    • Focused grey fabric line targets niche textile segment
    • Strong reputation for quality and customer reliability
    • Vertical integration streamlines supply chain and reduces delays

    Weaknesses

    • High-tech machinery increases fixed and operational costs
    • Entire revenue depends on the domestic market
    • Heavy reliance on regular technology upgrades
    • Limited product diversification increases market concentration risk

    Opportunities

    • Rising demand for sustainable and eco-friendly textiles
    • Potential to tap high-demand global textile markets
    • Growing domestic market for specialized grey fabric
    • Export incentives can boost international competitiveness

    Threats and Challenges

    • Intense competition from local and global textile manufacturers
    • Raw material price volatility affects profit margins
    • Regulatory shifts may raise compliance and labor costs
    • Economic slowdowns can hurt textile demand and revenue

    Reasons to Consider Investing

    • The company has shown strong financial growth, with revenue rising significantly from FY22 to FY24.
    • It operates in a niche market, focusing on grey fabric and PTY yarn used across multiple textile applications.
    • Borana Weaves stands to benefit from India’s fast-growing textile industry, projected to reach US$ 350 billion by 2030.
    • IPO proceeds will support a new manufacturing unit in Surat, boosting production capacity and operational scale.

    Industry Prospects

    • India’s textile and apparel market is expected to grow at 10% CAGR, reaching US$ 350 billion by 2030.
    • The country ranks as the 3rd largest global textile exporter, with exports projected to hit US$ 100 billion.
    • The sector contributes 2.3% to GDP, with potential to double its share by the decade’s end.
    • India’s home textile market is set to grow at 8.9% CAGR, reaching US$ 23.32 billion by 2032.

    Key Company Contacts

    Registrar Information

    Lead Manager

    • Lead Manager: Beeline Capital Advisors Pvt Ltd

    Conclusion

    The Borana Weaves IPO presents an opportunity to invest in a growing textile manufacturer with a niche focus. With strong financial growth, strategic objectives, and a promising industry landscape, the IPO could be an attractive option. However, potential investors should carefully consider the company’s strengths, weaknesses, opportunities, and threats before making a decision. Always conduct thorough research and consider seeking advice from a financial advisor to align your investment with your financial goals and risk tolerance.

    Disclaimer: This blog post is for informational purposes only and does not constitute financial advice. Investing in IPOs involves risk, and it is essential to conduct thorough research before making any investment decisions.

  • Accretion Pharmaceuticals Limited IPO

    Accretion Pharmaceuticals Ltd IPO: An In-Depth Analysis
    Accretion Pharmaceuticals Logo

    Accretion Pharmaceuticals Ltd IPO: A Deep Dive for Potential Investors

    The Indian pharmaceutical sector continues to be a vibrant space for investment, and the upcoming Initial Public Offering (IPO) of Accretion Pharmaceuticals Limited is garnering attention. This blog post offers a comprehensive analysis of the company, its IPO, financial health, and the broader industry landscape to help you make an informed decision.

    Understanding Accretion Pharmaceuticals Ltd.

    Founded in 2012 and headquartered in Sanand, Gujarat, Accretion Pharmaceuticals Limited has carved a niche in the manufacturing and marketing of a diverse range of pharmaceutical formulations. Their product portfolio is extensive, encompassing:

    • Tablets
    • Capsules
    • Oral Liquids
    • Ointments and Creams
    • Gels
    • Powders, and more.

    Beyond its own branded products, Accretion Pharmaceuticals also provides contract manufacturing services, catering to the needs of other pharmaceutical players. This diversification in its operational model adds a layer of stability and growth potential.

    A testament to their commitment to quality and operational excellence, the company holds several prestigious certifications:

    • ISO 9001:2015 (Quality Management System)
    • ISO 14001:2015 (Environmental Management System)
    • ISO 22000:2005 (Food Safety Management System – often relevant for certain excipients or nutraceutical lines)

    Accretion Pharmaceuticals has successfully expanded its footprint beyond Indian borders, establishing a market presence in over 20 countries across Africa, Southeast Asia, and the Middle East. This global reach underscores its capacity to meet international quality standards and navigate diverse regulatory environments.

    Accretion Pharmaceuticals IPO: Essential Information

    Investors keen on participating in Accretion Pharmaceuticals’ growth story should be aware of the key details of its upcoming IPO:

    IPO Journey: Key Dates
    14 May 2025
    Bidding Opens
    16 May 2025
    Bidding Closes
    19 May 2025
    Allotment Finalisation
    20 May 2025
    Refund Initiation
    20 May 2025
    Demat Transfer
    21 May 2025
    Listing Date

    Offer Highlights

    ParticularsDetails
    IPO Price Range₹96 to ₹101 per share
    Total IPO Size₹29.75 Crore
    Issue TypeFresh Issue of ₹29.75 Crore (No Offer For Sale component)
    Listing ExchangeNSE SME
    Minimum Lot Size (Shares)1200 shares
    Minimum Investment (Retail)₹115,200 (at the lower price band) to ₹121,200 (at the upper price band)
    Minimum Lot Size (HNI)2 lots (2400 shares)
    Minimum Investment (HNI)₹230,400 (at the lower price band) to ₹242,400 (at the upper price band)

    Purpose of the Public Offering

    Accretion Pharmaceuticals intends to utilize the net proceeds from the IPO for the following strategic initiatives:

    • Purchase of Machinery and Equipment: To enhance production capabilities and efficiency.
    • Capital Expenditure for Upgrading Existing Manufacturing Facilities: Modernization and expansion of current infrastructure.
    • Funding Working Capital Requirements: To support day-to-day operations and business growth.
    • Repayment/Prepayment of Certain Borrowings: To strengthen the balance sheet by reducing debt.
    • General Corporate Purposes: For other operational and strategic needs of the company.

    A Glance at the Company’s Financial Performance

    The financial trajectory of Accretion Pharmaceuticals indicates significant growth, particularly in the most recent fiscal year. Understanding these numbers is crucial for assessing the company’s valuation and future prospects.

    Profit and Loss Statement (Figures in ₹ Crores)

    ParticularsFY22FY23FY24
    Revenue from Operations22.5829.5333.94
    EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization)1.932.147.76
    PAT (Profit After Tax)0.080.103.88

    Balance Sheet Highlights (Figures in ₹ Crores)

    ParticularsFY22FY23FY24
    Total Assets17.7420.5827.05
    Share Capital3.083.844.00
    Total Borrowings7.618.4713.48

    The substantial jump in PAT from ₹0.10 Crore in FY23 to ₹3.88 Crore in FY24 is a key highlight, suggesting improved profitability and operational efficiency.

    Strategic Analysis: Advantages and Growth Avenues

    Every investment comes with its own set of positives and areas to watch. Here’s a look at Accretion Pharmaceuticals:

    Key Strengths

    • Experienced promoters with deep industry knowledge.
    • Strong relationships with clients and suppliers.
    • Focused on manufacturing high-quality pharmaceutical products.
    • Certified for quality (ISO 9001), environmental (ISO 14001), and food safety (ISO 22000) management systems.
    • Established international presence contributing to revenue diversification.

    Growth Prospects

    • Expanding presence in emerging global pharmaceutical markets.
    • Rising demand for reliable contract manufacturing services.
    • Potential to introduce new healthcare products and diversify portfolio.
    • Increasing global focus on affordable generic medicines.
    • Utilizing IPO funds for capacity expansion and facility upgrades.

    Considerations and Market Dynamics

    Potential Challenges

    • Operations are currently dependent on a single manufacturing facility, which could pose concentration risk.
    • Exposure to ongoing legal and regulatory proceedings, common in the pharma sector.
    • High compliance burden, particularly in international markets with varying regulations.
    • Limited diversification in manufacturing locations.

    Industry-Specific Risks

    • Geopolitical risks and economic instability in export markets.
    • Non-compliance with stringent pharmaceutical regulations could lead to legal or regulatory actions.
    • Currency exchange rate volatility impacting export earnings.
    • Regional disruptions (e.g., supply chain issues, local disturbances) may affect manufacturing continuity.

    Leadership and Promoter Background

    The company is spearheaded by Mr. Vivek Patel as the Managing Director, who brings valuable experience to the table. The promoters’ collective expertise in the pharmaceutical domain is a significant asset. For specific details on promoter shareholding pre and post-IPO, investors should refer to the Red Herring Prospectus (RHP).

    Why Evaluate the Accretion Pharmaceuticals IPO?

    Several factors make this IPO worth considering for investors with an appetite for SME stocks:

    • Impressive Financial Growth: The PAT surged impressively to ₹3.88 Crore in FY24 from ₹0.10 Crore in FY23, showcasing robust performance.
    • Global Footprint & Certifications: Presence in over 20 countries and key ISO certifications reflect quality commitment and market acceptance.
    • Promising Industry Outlook: The Indian pharmaceutical industry is on a growth trajectory, projected to reach approximately $130 billion by 2030. Accretion is well-positioned to benefit from this expansion.
    • Strategic Use of IPO Proceeds: Funds are earmarked for capacity upgrades, machinery purchase, working capital, and debt reduction, which can fuel future growth.

    The Indian Pharmaceutical Landscape: A Thriving Ecosystem

    The Indian pharmaceutical sector is a global powerhouse, and understanding its dynamics provides context for Accretion’s potential:

    • India ranks third globally in pharmaceutical production by volume and boasts over 10,500 manufacturing units.
    • The nation is a critical supplier, providing approximately 40% of generic medicines to the U.S., 25% of all medicines to the U.K., and meeting 50% of the global demand for various vaccines.
    • The industry is progressively shifting towards innovative therapies, biosimilars, and biologics, which are expected to drive future growth.
    • As mentioned, the Indian pharmaceutical market is projected to reach $130 billion by 2030, driven by rising domestic and global demand.

    How to Apply for the Accretion Pharmaceuticals IPO?

    If you’re interested in applying for the Accretion Pharmaceuticals IPO, you would typically follow these general steps through your brokerage account:

    1. Ensure your Demat and trading account is active and KYC compliant.
    2. Log in to your stockbroker’s online platform (website or mobile app) during the IPO bidding window.
    3. Navigate to the IPO section and select “Accretion Pharmaceuticals Ltd IPO.”
    4. Enter the number of lots you wish to apply for and the price per share (within the price band if it’s a book-built issue, or at the fixed price). For SME IPOs, applications are typically at the cut-off price.
    5. Enter your UPI ID linked to your bank account.
    6. Submit your application. You will receive a mandate request on your UPI app.
    7. Approve the mandate on your UPI app to block the funds. The amount will be debited only if shares are allotted.

    It is advisable to apply early and ensure sufficient funds are available in your bank account linked to the UPI ID.

    Key Contacts for the IPO

    For further details or specific queries, you can reach out to the concerned parties:

    Company Information

    Company NameAccretion Pharmaceuticals Limited
    Address29 Xcelon Ind Park 1, B/h, Intas Pharmaceuticals, Vasna Chacharvad, Sanand, Gujarat
    Phone+91-97148 82929
    Emailcompliance@accretionpharma.com
    Websitehttps://accretionpharma.com/

    IPO Registrar

    Registrar NameKfin Technologies Limited
    Phone04067162222, 04079611000
    Emailapl.ipo@kfintech.com
    Websitehttps://kosmic.kfintech.com/ipostatus/

    Lead Manager to the Issue

    Lead Manager NameJawa Capital Services Private Limited
    RHP Link (Reference)(Refer to SEBI or Exchange websites for the official RHP)

    Final Thoughts

    The Accretion Pharmaceuticals Ltd IPO presents an opportunity to invest in a growing company within a resilient and expanding pharmaceutical sector. Its strong financial turnaround in FY24, international presence, and clear objectives for fund utilization are positive indicators. However, as with any SME IPO, investors should carefully consider the risks associated with smaller companies, market volatility, and the specific challenges outlined. Thoroughly reading the Red Herring Prospectus (RHP) and consulting with a financial advisor is highly recommended before making any investment decisions.

    Disclaimer: This blog post is for informational purposes only and should not be construed as financial advice or a recommendation to invest in the IPO. Investment in equity shares and IPOs involves risks, including the risk of loss of principal. Please conduct your own due diligence and consult with a qualified financial advisor before making any investment decisions. The financial data and IPO details are based on information available as of the “Last Updated” date mentioned in the source data (12 May 2025) and are subject to change.

  • Integrity Infrabuild Developers Limited IPO

    Integrity Infrabuild Developers Ltd IPO Analysis

    Integrity Infrabuild Developers Ltd IPO: An In-Depth Look

    Stay updated on the upcoming IPO of Integrity Infrabuild Developers Limited. This blog post offers a detailed analysis of the company, its financials, IPO objectives, and potential factors for investors to consider. (Last Updated: Based on information available as of early May 2025)

    About Integrity Infrabuild Developers Limited

    Integrity Infrabuild Developers Limited, established in 2017, operates as a Class-A civil contractor registered with the Gujarat government. The company specializes in executing various government construction projects, including roads, buildings, and bridges. It also undertakes subcontracting work to broaden its footprint within Gujarat’s dynamic construction industry. Headed by CEO Mr. Keyurkumar Sheth, the company has built a reputation for its project management capabilities.

    As of March 31, 2025, Integrity Infrabuild Developers holds a significant order book. The total value of contracts stood at ₹20,598 lakhs, out of which projects worth ₹4,291 lakhs have been completed. This leaves an active order book of ₹16,307 lakhs, indicating a strong pipeline of future work.

    Key Competitors:
    • Udayshivakumar Infra Limited
    • V R Infraspace Limited

    Integrity Infrabuild Developers IPO: Key Details

    The company is set to launch its Initial Public Offering (IPO) to raise capital. Below are the essential details:

    ParticularsDetails
    IPO Open Date13 May 2025
    IPO Close Date15 May 2025
    Expected Listing Date20 May 2025
    IPO Price₹100 per share (Fixed Price)
    Total IPO Size₹12.00 Crores
    Issue TypeFresh Issue of ₹12.00 Crores
    Listing ExchangeNSE SME
    RegistrarLink Intime India Private Ltd
    Lead ManagerAryaman Financial Services Limited
    RHP (Red Herring Prospectus)Investors are advised to refer to the RHP for comprehensive details.

    IPO Journey: Timeline Overview

    1
    Bidding Starts
    13 May 2025
    2
    Bidding Ends
    15 May 2025
    3
    Allotment Finalisation
    16 May 2025
    4
    Refund Initiation
    19 May 2025
    5
    Demat Transfer
    19 May 2025
    6
    Listing Date
    20 May 2025

    The progress bar indicates key milestones in the IPO process. Dates are tentative and subject to change.

    Purpose of the IPO Issue

    The net proceeds from the fresh issue are proposed to be utilised for the following objectives:

    • Purchase of machinery and equipment to enhance operational capabilities.
    • Funding working capital requirements to support ongoing and future projects.
    • General corporate purposes, which may include strategic initiatives or unforeseen expenses.

    Investment Quantum: Lot Size Details

    Investors can apply for the Integrity Infrabuild Developers IPO in lots. The details are as follows:

    Application CategoryLotsShares per LotMinimum Investment Amount
    Retail (Minimum)11200₹120,000
    Retail (Maximum)11200₹120,000
    HNI (Minimum)22400₹240,000

    Financial Performance Snapshot

    A look at Integrity Infrabuild Developers’ financial health over the past few fiscal years:

    Profit and Loss Highlights (₹ in Crores)
    ParticularsFY22FY23FY24
    Revenue33.4845.2364.63
    EBITDA1.612.633.57
    Profit After Tax (PAT)0.300.290.95
    Balance Sheet Key Figures (₹ in Crores)
    ParticularsFY22FY23FY24
    Total Assets13.0615.2520.68
    Share Capital2.551.783.10
    Total Borrowings6.515.2211.17
    Cash Flow Summary (₹ in Crores)
    ParticularsFY22FY23FY24
    Net Cash from Operating Activities-0.474.630.80
    Net Cash from Investing Activities-2.78-0.90-7.25
    Net Cash from Financing Activities4.32-2.935.79
    Net Change in Cash & Equivalents1.070.79-0.66

    Financial data is crucial for assessing a company’s performance and stability. Potential investors should analyze these figures in conjunction with other qualitative factors.

    Promoter Details and Holdings

    The company is promoted by individuals with experience in the construction sector. Mr. Keyurkumar Sheth is the CEO of the company.

    Information regarding the pre-issue and post-issue promoter shareholding will be detailed in the Red Herring Prospectus (RHP). Investors should refer to the RHP for precise figures once available.

    Anchor Investor Information

    Details regarding anchor investor participation, if any, are typically announced closer to the IPO opening date, usually one working day prior. This information will be updated once publicly available and can be found in regulatory filings.

    Strategic Analysis: Strengths and Considerations

    Key Company Strengths
    • Specialized expertise in constructing roads, buildings, and bridges.
    • Strong project management capabilities backed by significant industry experience.
    • Visible growth trajectory supported by a substantial and active order book.
    • Demonstrated financial performance coupled with technical capabilities and necessary resources.
    Points to Consider (Potential Risks)
    • Business operations are geographically concentrated in Gujarat, making it reliant on local government contracts and regional economic conditions.
    • Exposure to regulatory, economic, and policy changes specific to the state of Gujarat.
    • The company carries a notable level of indebtedness, which requires consistent and substantial cash flow for servicing debt obligations.
    • Dependency on a limited number of clients could pose a risk to revenue stability if key contracts are not renewed or are terminated.

    Growth Avenues and Market Outlook

    Growth Opportunities
    • Potential to expand market share within Gujarat’s rapidly growing infrastructure sector.
    • Increasing government focus on infrastructure development and higher capital expenditure allocations present new project opportunities.
    • Scope for diversification into new geographical regions or different types of construction projects beyond the current focus in Gujarat.
    • Adoption of technological advancements can lead to more efficient construction methods and improved project execution.
    Potential Market Challenges
    • The civil contracting industry is characterized by intense competition from established and new players.
    • Fluctuations in the costs of essential raw materials (like cement, steel) can impact project profitability.
    • Delays or cancellations of government projects due to policy shifts, funding issues, or administrative hurdles.
    • Broader economic downturns can negatively affect government spending on infrastructure, impacting contract awards and project pipelines.

    Key Highlights for Potential Investors

    Considering an investment in the Integrity Infrabuild Developers IPO? Here are some factors to weigh:

    • Robust Order Book: An active order book of ₹16,307 lakhs provides strong revenue visibility for the near future.
    • Consistent Financial Growth: The company has shown consistent growth in revenue and EBITDA over the last three reported financial years.
    • Strategic Use of IPO Proceeds: Funds raised are earmarked for acquiring machinery and bolstering working capital, which can support operational expansion and efficiency.
    • Favorable Industry Dynamics: Operates in Gujarat’s burgeoning infrastructure sector with established Class-A contractor credentials, positioning it to benefit from ongoing development.

    Understanding the Industry Landscape

    The infrastructure sector is a key driver of economic growth, and Integrity Infrabuild Developers operates within this vital space.

    • India’s overall construction sector is projected for significant expansion, with some estimates suggesting an annual growth rate of around 11.2% by 2025.
    • The state of Gujarat continues to approve and initiate major road and infrastructure projects. For example, recent approvals include a substantial six-lane highway project valued at approximately ₹8 billion.
    • The national government’s focus on infrastructure is evident, with the capital expenditure for FY25 being raised by 11.1% to ₹11.1 trillion, which is expected to fuel demand for construction services.
    • Industry analysts (like ICRA) anticipate a healthy revenue growth of 8–10% for construction firms in FY25, driven by government spending and a strong order pipeline across the sector.

    A positive industry outlook can provide a supportive environment for companies like Integrity Infrabuild Developers. However, sector-specific risks and competition also play a role.

    Company Contact & Registrar Details

    Integrity Infrabuild Developers Limited

    Office No-02, Indiabulls Mega Mall,
    Jetalpur Road, Akota
    Phone: +91 87340 92229
    Email: info@integrityinfrabuild.com
    Website: https://integrityinfrabuild.com/ (External Link)

    IPO Registrar: Link Intime India Private Ltd

    Phone: +91-22-4918 6270
    Email: Integrityinfra.ipo@linkintime.co.in
    Website: https://linkintime.co.in/Initial_Offer/public-issues.html (External Link)

    Conclusion

    The Integrity Infrabuild Developers Ltd IPO presents an opportunity for investors to participate in a company operating in Gujarat’s construction sector. With a solid order book, consistent financial growth, and clear objectives for fund utilization, the company is positioning itself for future expansion. However, potential investors should carefully evaluate the company’s financials, industry-specific risks, competitive landscape, and the concentration of its business in Gujarat before making any investment decisions. Consulting with a financial advisor and thoroughly reviewing the RHP is always recommended.

    Disclaimer: Investing in IPOs and the stock market involves risks, including the potential loss of principal. The information provided in this blog post is for informational and analytical purposes only and should not be construed as financial advice. Past performance is not indicative of future results. Please conduct your own due diligence or consult with a qualified financial advisor before making any investment decisions.

    Frequently Asked Questions (FAQs)

    When does the Integrity Infrabuild Developers IPO open and close?

    The Integrity Infrabuild Developers IPO will be open for subscription from 13 May 2025 to 15 May 2025.

    What is the total size of the Integrity Infrabuild Developers IPO?

    The total size of the Integrity Infrabuild Developers IPO is ₹12.00 Crores, which is entirely a fresh issue.

    What is the price band for the Integrity Infrabuild Developers IPO?

    The IPO price for Integrity Infrabuild Developers is fixed at ₹100 per share.

    How can one apply for the Integrity Infrabuild Developers IPO?

    Investors can apply for the IPO through their stockbroker’s platform (app or website) using their UPI ID for payment. The general steps involve selecting the IPO, entering lot size and price, and authorizing the UPI mandate.

    What is the minimum lot size and investment required for this IPO?

    The minimum lot size for the Integrity Infrabuild Developers IPO is 1,200 shares, requiring a minimum investment of ₹120,000 for retail investors.

    What is the expected allotment date for the Integrity Infrabuild Developers IPO?

    The share allotment for the Integrity Infrabuild Developers IPO is expected to be finalized on 16 May 2025.

    When is the Integrity Infrabuild Developers IPO expected to be listed?

    The Integrity Infrabuild Developers IPO is likely to be listed on the NSE SME platform on 20 May 2025.

    Who is the lead manager for the Integrity Infrabuild Developers IPO?

    Aryaman Financial Services Limited is the Book Running Lead Manager for this IPO.

    What are the main objectives of the Integrity Infrabuild Developers IPO?

    The company plans to use the net proceeds from the IPO for:

    • Purchase of machinery and equipment.
    • Funding its working capital requirements.
    • General corporate purposes.

  • Virtual Galaxy Infotech Limited IPO

    Virtual Galaxy Infotech Ltd IPO: An In-Depth Analysis

    Virtual Galaxy Infotech Ltd IPO: A Deep Dive into the Offering

    The Indian primary market is buzzing with activity, and another tech company is set to make its debut. Virtual Galaxy Infotech Limited (VGIL), a Nagpur-based IT services and consulting firm, is launching its Initial Public Offering (IPO). This blog provides a comprehensive overview of the VGIL IPO, delving into company details, financials, objectives, and other key aspects to help potential investors make an informed decision.

    Decoding Virtual Galaxy Infotech: Company Profile

    Established in 1997, Virtual Galaxy Infotech Limited has carved a niche for itself in providing technology solutions. With a team of over 300 professionals, VGIL caters to a diverse range of sectors, including Banking, Financial Services, and Insurance (BFSI), Enterprise Resource Planning (ERP), cloud computing, and the Internet of Things (IoT).

    Their flagship product, “e-banker,” is a testament to their capabilities, currently powering operations in over 5,000 bank branches. The company boasts multiple ISO certifications, underscoring its commitment to quality and security. VGIL’s client base spans across 15 Indian states and extends internationally to countries like Tanzania and Malawi, focusing on delivering automation, compliance, and decision-support services.

    The company is spearheaded by Mr. Avinash Shende (Chairman & Managing Director) and Mr. Sachin Pande (Managing Director), who bring valuable experience to the table.

    Virtual Galaxy Infotech IPO: At a Glance

    Here are the crucial details about the Virtual Galaxy Infotech IPO:

    ParticularsDetails
    IPO Open Date09 May 2025
    IPO Close Date14 May 2025
    Proposed Listing Date19 May 2025
    IPO Price Range₹ 135 to ₹ 142 per share
    Total IPO Size₹ 93.29 Crores
    Issue TypeFresh Issue of ₹ 93.29 Crores (No Offer For Sale component)
    Listing ExchangeNSE SME
    Minimum Investment (Retail)₹ 135,000 (for 1000 shares)

    Mark Your Calendars: Key IPO Dates

    IPO Journey Timeline
    May 09, 2025
    Bidding Starts
    May 14, 2025
    Bidding Ends
    May 15, 2025
    Allotment Finalisation
    May 16, 2025
    Refund Initiation
    May 16, 2025
    Demat Transfer
    May 19, 2025
    Listing Day

    Investment Blueprint: Issue Size and Lot Particulars

    The entire IPO of ₹93.29 crore is a fresh issue, meaning the proceeds will go directly to the company for its growth and operational needs.

    Lot Size Details:

    Application CategoryLotsSharesAmount (at upper price band of ₹142)
    Retail (Minimum)11000₹ 142,000
    Retail (Maximum)11000₹ 142,000
    HNI (Minimum)22000₹ 284,000

    Note: The minimum investment for retail investors is ₹135,000 at the lower price band and ₹142,000 at the upper price band.

    Fueling Growth: How IPO Proceeds Will Be Utilized

    Virtual Galaxy Infotech plans to utilize the net proceeds from the IPO for the following purposes:

    • Capital expenditure for establishing a new development facility in Nagpur, Maharashtra.
    • Repayment or prepayment of certain existing borrowings.
    • Investment in GPU, server, and storage systems for its Data Centre.
    • Upgrading existing products, including hiring skilled personnel.
    • Funding business development and marketing initiatives.
    • General corporate purposes.

    Under the Microscope: A Look at VGIL’s Financial Performance

    A glance at the company’s financials reveals a positive trajectory, especially in recent years. Here’s a summary (figures in ₹ Crores):

    Key Profit & Loss Highlights:

    ParticularsFY22FY23FY24
    Revenue43.4459.7663.58
    EBITDA9.1611.9331.36
    Profit After Tax (PAT)0.400.7216.54

    The company has shown significant growth in its Profit After Tax (PAT) in FY24, which is a key positive indicator. Revenue has also seen a steady increase over the past three fiscal years.

    Balance Sheet Insights:

    ParticularsFY22FY23FY24
    Total Assets67.8084.36116.93
    Share Capital (Pre-IPO)11.0011.0011.00
    Total Borrowings35.5638.8538.64

    Total assets have expanded, and the company aims to reduce borrowings with IPO proceeds, which could strengthen the balance sheet further.

    Cash Flow Statement Summary:

    Particulars (₹ Crores)FY22FY23FY24
    Net Cash from Operating Activities11.859.3628.40
    Net Cash from Investing Activities-5.04-9.58-31.12
    Net Cash from Financing Activities-6.380.542.10
    Net Change in Cash & Equivalents0.430.32-0.61

    Increased cash flow from operations in FY24 is a positive sign, while cash used in investing activities reflects capital expenditures, likely for expansion.

    Riding the Tech Wave: Industry Outlook and VGIL’s Positioning

    The Indian Software as a Service (SaaS) industry is on a high-growth trajectory, expanding at approximately 30% annually. This growth is fueled by increasing cloud adoption, the shift towards remote work, online collaboration tools, and overall digitization efforts across various sectors. Reports project SaaS revenue in India to surge from $7.18 billion in 2023 to a staggering $62.93 billion by 2032. As of 2023, India is home to over 1,000 SaaS companies, with more than 150 achieving over $1 million in annual revenue.

    Virtual Galaxy Infotech, with its 25+ year track record and focus on digital solutions for BFSI and other sectors, along with its presence in India and Africa, appears well-positioned to leverage this rising demand for technology services and digital transformation.

    Potential Upsides: What Makes the VGIL IPO Potentially Interesting?

    • Strong Financial Momentum: The company has demonstrated robust financial growth, particularly the significant jump in PAT for FY24.
    • Established Product Suite: VGIL’s flagship product, “e-banker,” enjoys usage in over 5,000 bank branches, indicating market acceptance and a solid revenue stream.
    • Strategic Use of Funds: IPO proceeds are earmarked for crucial expansion activities, technological upgrades, and debt reduction, which can pave the way for future growth.
    • Experienced Player: With over two decades of experience and a presence across India and parts of Africa, VGIL has a proven track record and is set to benefit from the increasing demand for digital solutions.

    Strategic Analysis: Strengths, Weaknesses, Opportunities, and Threats (SWOT)

    Strengths:

    • Offers integrated software solutions, particularly strong in the BFSI sector.
    • Business operations are diversified across various industries and geographical regions to some extent.
    • Benefits from strong recurring revenue streams due to long-term relationships with clients.
    • Led by an experienced management team with a proven track record in the industry.

    Weaknesses:

    • Significant reliance on its core banking product, “E-Banker,” for revenue.
    • A notable concentration of revenue generation from Maharashtra.
    • Geographic diversification is somewhat limited beyond its key operational regions.
    • A majority of its revenue is dependent on the performance and demands of the BFSI segment.

    Opportunities:

    • Expanding market for digital banking solutions globally and in India.
    • Potential for growing its international footprint, especially in African markets.
    • Increasing necessity for automation and compliance tools across industries.
    • Rising adoption of IT services in non-BFSI sectors, offering new avenues for growth.

    Threats:

    • Loss of key clients could significantly impact revenue streams.
    • A reduction in government or private sector orders could hamper growth prospects.
    • Regional instability or economic slowdowns in Maharashtra could affect operations.
    • A slowdown in the BFSI sector could lead to reduced demand for its specialized services.

    Promoters and Shareholding

    The key promoters of Virtual Galaxy Infotech Ltd are Mr. Avinash Shende and Mr. Sachin Pande. As this IPO is a fresh issue, the existing promoter shareholding will dilute post-IPO. Investors are advised to refer to the Red Herring Prospectus (RHP) for detailed pre and post-issue shareholding patterns.

    Peer Comparison

    Some of the listed peers in a similar domain include:

    • Veefin Solutions Limited
    • Network People Services Technologies Limited
    • Trust Fintech Limited

    Investors may want to compare VGIL’s valuation and performance metrics against these peers once available post-listing.

    Anchor Investors

    Details regarding anchor investor participation, if any, are typically announced closer to the IPO opening date. Investors should check official sources for this information.

    Subscription Status

    The live subscription status for the Virtual Galaxy Infotech IPO can be tracked on the websites of the stock exchanges (NSE) and through various financial news portals during the bidding period (May 09 – May 14, 2025). This data provides insights into investor interest across different categories.

    How to Apply for the Virtual Galaxy Infotech IPO?

    Investors can apply for the IPO through their stockbroker using the ASBA (Application Supported by Blocked Amount) facility via their bank accounts or through their trading platform’s UPI-based IPO application process. The general steps include:

    1. Login to your trading/demat account or net banking portal.
    2. Navigate to the current IPO section and select the Virtual Galaxy Infotech IPO.
    3. Enter the number of lots you wish to apply for and the price (within the price band, or at cut-off).
    4. Enter your UPI ID (if applying via broker’s app/website) and submit the application.
    5. You will receive a mandate request on your UPI app; approve this to block the funds. The funds will only be debited if shares are allotted.

    Getting in Touch: Company and Registrar Details

    Virtual Galaxy Infotech Limited

    Address: 3, Central Excise Colony, Behind Mahatme Eye Bank, Chhatrapati Sq., Ring Road, Nagpur, Maharashtra

    Phone: +91 9226531342

    Email: investors@vgipl.in

    (For more details, refer to the official company website and RHP)

    IPO Registrar: Maashitla Securities Private Limited

    Phone: +91-11-45121795-96

    Email: ipo@maashitla.com

    (For allotment status and IPO-related queries, contact the registrar)

    Concluding Thoughts

    The Virtual Galaxy Infotech IPO presents an opportunity to invest in a company with an established presence in the IT services sector, particularly catering to BFSI clients. Its recent financial performance, especially the surge in profitability, and the growth potential of the SaaS and digital transformation market are noteworthy points. However, potential investors should also carefully consider the risks, such as dependency on key products and sectors, and conduct their own due diligence. Analyzing the company’s fundamentals, future growth prospects, valuation relative to peers (once available), and aligning the investment with their risk appetite is crucial before subscribing to the IPO.

    Disclaimer: This blog post is for informational and educational purposes only and should not be construed as investment advice. Investing in IPOs and the stock market involves risks, including the loss of principal. Please consult with a qualified financial advisor before making any investment decisions. The information provided is based on data available as of the “Last Updated” date mentioned in the source and the company’s RHP; details may change. Readers are encouraged to review the RHP and other official documents thoroughly.

  • Manoj Jewellers Limited IPO

    Manoj Jewellers IPO: Dates, Details, and What Investors Should Consider

    Manoj Jewellers IPO: Dates, Details, and What Investors Should Consider

    Manoj Jewellers Limited is preparing to launch its Initial Public Offering (IPO), offering investors an opportunity to be part of its growth journey in the vibrant jewellery sector. With the subscription window opening soon, here’s a comprehensive look at the IPO details, company background, and key factors to evaluate.

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    Key IPO Details at a Glance

    Here are the essential details for the Manoj Jewellers IPO:

    DetailInformation
    TypeFixed Price Issue, SME IPO
    Issue Size₹16.20 Crore
    Fresh Issue30,00,000 Equity Shares
    Price Per Share₹54 (Fixed Price)
    Minimum Investment (Retail)₹1,08,000 (1 Lot = 2,000 Shares)
    Minimum Investment (HNI)₹2,16,000 (2 Lots = 4,000 Shares)
    Listing PlatformBSE SME

    Important Dates Timeline

    Mark your calendars with these key dates for the Manoj Jewellers IPO:

    May 05
    Open
    May 07
    Close
    May 08
    Allotment
    May 09
    Refunds
    May 12
    Listing

    (Timeline is indicative and based on official dates provided in the RHP)

    About Manoj Jewellers Limited

    Operating in the retail and wholesale segments, Manoj Jewellers Limited specializes in gold and diamond ornaments. Their product portfolio is extensive, featuring everything from rings, bangles, and necklaces to intricate bridal sets, often adorned with precious and semi-precious stones. The designs aim to cater to diverse customer tastes and occasions.

    Quality assurance is a significant focus for the company. They ensure the purity and durability of their gold through hallmarking via BIS-recognised centres. Currently, the company operates two showrooms situated in Chennai, providing direct customer engagement points.

    The company is steered by promoters including Mr. Manoj Kumar, Ms. Raj Kumari, Mr. Sunil Shantilal, and Ms. Shalu, supported by an experienced management team overseeing various aspects of the business, from finance to design and marketing.

    Understanding the Industry Landscape

    The Indian jewellery market presents a promising backdrop for companies like Manoj Jewellers. Recent trends indicate:

    • India’s gold demand saw a healthy rise in Q1 2024, including an increase in jewellery consumption year-on-year, suggesting a positive market sentiment for ornaments.
    • The value of jewellery demand has also increased, alongside a notable jump in demand for gold as an investment asset. This dual growth supports businesses operating in both retail and investment segments of the market.
    • Elevated gold prices, influenced by global economic factors and inflation concerns, have reinforced gold’s traditional role as a safe haven asset, potentially boosting demand, particularly during peak seasons like festivals and weddings.

    A Look at Financial Performance

    Reviewing the company’s financials over the past three years reveals a growth trajectory:

    Particulars (₹ lakh)Year ending March 31, 2024Year ending March 31, 2023Year ending March 31, 2022
    Revenue from Operations4,335.111,363.01675.18
    Profit After Tax (PAT)324.1362.3636.47
    Earnings Per Share (₹)5.421.140.69
    Return on Capital Employed (RoCE %)30.5714.7210.72
    Return on Equity (RoE %)39.6313.8716.20
    EBITDA (₹ lakh)571.70203.51164.87

    Key Financial Metrics

    Key Performance IndicatorValue (as of March 31, 2024)
    Return on Equity (RoE %)39.63
    Return on Capital Employed (RoCE %)30.57
    Debt/Equity Ratio1.57
    PAT Margin (%)7.48

    Strengths and Potential Risks

    Every investment opportunity comes with its set of positive aspects and potential challenges. Here’s a look at those for Manoj Jewellers:

    Strengths:

    • A wide variety of jewellery caters to different preferences and budgets.
    • Emphasis on design keeps the company aligned with market trends and customer demand.
    • Over 15 years of experience from the promoters can contribute to stable business operations.
    • A skilled management team brings diverse expertise in key areas.
    • Building customer trust through dependable delivery and certified quality standards.

    Potential Risks:

    • Any legal proceedings involving key individuals could impact the company’s focus and resources.
    • Financial results can be significantly affected by the seasonal nature of jewellery sales.
    • Failure to quickly adapt to changing consumer trends and fashion could reduce market relevance.
    • Lower customer traffic in showrooms could negatively affect sales volume.
    • Fluctuations in the price of gold can influence procurement costs and profit margins.

    Objectives of the IPO

    The net proceeds from the IPO are planned for the following uses:

    • To reduce the company’s existing debt by repaying or prepaying certain loans.
    • To be utilised for general corporate requirements.

    IPO Allocation Structure

    The IPO is structured with reservations for different investor categories:

    Investor CategoryProportion of Net Issue
    Retail Individual Investors (RII)50%
    Other Investors50%

    Understanding the Lot Size

    Here’s the breakdown of the minimum and maximum application sizes:

    Application TypeLotsSharesAmount (₹)
    Retail (Minimum)12,0001,08,000
    Retail (Maximum)12,0001,08,000
    HNI (Minimum)24,0002,16,000

    Promoter Holding

    The promoter group consists of S Manojkumar, Raj Kumari M, S Sunil, and Shalu. Their shareholding before the IPO stands at 94.99%, which will be reduced to 63.28% after the issue.

    Peer Comparison Overview

    Here’s how Manoj Jewellers compares to some listed peers based on selected metrics:

    Company NameEPS (Basic)NAV (per share in ₹)RoNW (%)
    Manoj Jewellers Limited5.4216.3733.08
    D. P. Abhushan Limited27.8235.4125.91
    Moksh Ornaments Limited1.1710.6710.92
    Shubhlaxmi Jewel Art Limited1.2220.445.63

    How to Apply for the IPO

    Applying for an IPO online is a streamlined process through your brokerage account. Typically, the steps involve:

    1. Logging into your online trading/investing platform.
    2. Navigating to the IPO section.
    3. Selecting the Manoj Jewellers IPO.
    4. Entering the desired lot size (within the limits for your investor category).
    5. Submitting your UPI ID for payment authorization.
    6. Approving the payment mandate request via your UPI app.

    Checking Allotment Status

    Once the allotment process is complete, you can check your status, usually via your brokerage platform or the IPO registrar’s website. Notifications are often sent via email or push notifications by your broker.

    Important Considerations for Prospective Investors

    Before deciding to invest in the Manoj Jewellers IPO, market participants should:

    • Thoroughly review the Red Herring Prospectus (RHP) for complete and official details.
    • Understand the company’s business model, financial health, and future growth prospects.
    • Evaluate the industry outlook and competitive landscape.
    • Assess their own investment goals and risk tolerance. SME IPOs, while potentially offering high rewards, also carry higher risks.
    • Consider consulting with a qualified financial advisor to make an informed decision based on their individual circumstances.

    Making well-researched investment decisions is crucial in the dynamic capital markets.

    Registrar and Lead Manager

    The IPO process is managed by key entities:

    • Lead Manager: Jawa Capital Services Private Limited
    • Registrar: Skyline Financial Services Private Limited
      • Contact Number: 022-28511022
      • Email Address: ipo@skylinerta.com

    Conclusion

    The Manoj Jewellers IPO offers an opportunity to invest in a jewellery company with established operations and a focus on quality within a growing industry. With the IPO opening on May 5, 2025, prospective investors have a limited window to participate. Carefully considering the company’s details, financial performance, strengths, and risks, as outlined above and in the official RHP, is an essential step before making an investment decision.