đŚ Company Profile Laxmi India Finance Limited is a Jaipurâbased nonâdeposit-taking NBFC, categorized as an RBI NBFCâMiddle Layer. It originally operated as a proprietorship in the 1990s and became a public limited company in AugustâŻ2024. It primarily lends to MSMEs, vehicles, construction, and smallâticket retail customers, emphasizing financial inclusion and underserved markets. Strengths & Considerations â Strengths Focus on MSME financing, which offers both growth and Priority Sector Lending advantage. Well-capitalized, expanding branch footprint across five states, and improving borrowing costs via diverse lender pool (~47 lenders). Strong profit momentum…
Read MoreYear: 2025
Shanti Gold International Ltd. IPO
đ˘ Company Overview Founded in 2003, Shanti Gold International Ltd specializes in designing and manufacturing 22âkarat CZ casting gold jewellery, covering bangles, rings, necklaces, and full sets across diverse price points. Operates a fully integrated in-house manufacturing facility in Andheri East, Mumbai (~13,448âŻsq ft) with an annual capacity of 2,700âŻkg of jewellery. A stateâofâtheâart facility in Jaipur (Mahindra World City) is under construction to add an additional 1,200âŻkg capacity, expected to be operational by 2025â26. Employs a team of ~80 CAD designers who create over 400 jewellery designs monthly, enabling…
Read MoreBrigade Hotel Ventures Ltd. IPO
đ¨ Overview Brigade Hotel Ventures Ltd is a whollyâowned hospitality-focused subsidiary of Brigade Enterprises Ltd (BEL), a major real estate developer based in Bangalore. BHV owns and develops chain-affiliated hotels across key South Indian locations, working with international brands like Marriott, Accor, and InterContinental Hotels Group. đ Operations & Portfolio (As of March 31, 2025) 9 operational hotels spanning Bengaluru, Chennai, Kochi, Mysuru, and GIFTâŻCity (Gujarat), with a combined 1,604 rooms (keys). Positioned across upperâupscale, upscale, upperâmidscale, and midscale segments. Hotels strategically located in high-demand zones such as airports, IT/business…
Read MoreGNG Electronics Ltd. IPO
GNG Electronics Ltd, operating under the brand Electronics Bazaar, is Indiaâs largest refurbisher of laptops and desktops, and one of the major global players in ICT device refurbishment, with operations in India, the USA, Europe, Africa, and UAE. Founded in 2006, the company manages the entire refurbishment cycleâfrom sourcing and repairs to sales, warranty, and after-sales service. As of FY24, it’s recognized as Indiaâs largest Microsoftâauthorized refurbisher by capacity, and is also certified to refurbish for Lenovo and HP. The company operate under the brand âElectronics Bazaarâ, offering sourcing to…
Read MoreIndiqube Spaces Ltd. IPO
đ˘ Company Overview Incorporated in 2015 as Innovent Spaces Private Limited and later renamed Indiqube Spaces Limited after restructuring in late 2024. Specializes in managed workplace solutionsâtechâdriven, sustainable, and flexible office spaces for corporates and SMEs, combining interiors, amenities, and ancillary services across its offerings such as IndiQube Grow, Bespoke, and One, supported by its MiQube tech platform. đď¸ Presence & Scale Operates 115 centers across 15 cities in India, including both Tierâ1 and Tierâ2 citiesâcities like Bengaluru, Pune, Chennai, Mumbai, Noida, Gurugram, Hyderabad, Coimbatore, Kochi, Madurai, Jaipur, Calicut, and…
Read MoreAnthem Biosciences Ltd. IPO
đ§Ş Company Overview Founded in 2006 by Ajay Bhardwaj, Anthem operates in Bengaluru with two existing manufacturing units (Bommasandra & Harohalli), and a third under construction. It offers end-to-end services including drug discovery, preâclinical testing, custom synthesis (small molecules, peptides, ADCs, oligonucleotides), and large-scale manufacturing of fermentation-based APIs like probiotics, enzymes, peptides, vitamins, and biosimilars. âď¸ Capacity & Facilities Two operational plants with combined 270âŻkL custom-synthesis and 142âŻkL fermentation capacity as of Sept 2024. A third facility (Unit III/Neoanthem) is set to be completed in H1 FY26, adding significant capacity.…
Read MoreSmartworks Coworking Spaces Ltd. IPO
đ˘ Overview Founded in April 2016 by Neetish Sarda and Harsh Binani, Smartworks specializes in transforming large, shell office properties into fully serviced, tech-enabled managed campuses. They cater primarily to mid-to-large enterprises (300+ seats), but also serve smaller teams. By FY25, the company managed around 10 million sq ft across ~50 centres in 13â15 cities, serving approximately 800 corporate clients. â Strengths & Challenges Strengths Tech-enabled, fully-serviced campuses geared for enterprise clients Strong occupancy, diversified across locations Capital-efficient fit-out and fast payback (30â32 months for mature centres) Expanding in growing…
Read MoreTravel Food Services Ltd. IPO
Travel Food Services Ltd. (TFS) is a Mumbai-based operator specializing in Travel QSR (quick-service restaurants) and airport lounges, primarily across Indian and Malaysian airports, with a fast-growing presence in the travel food & beverage sector. Here’s a detailed look: đŹ Overview & Operations Founded in 2009, TFS is promoted by SSP Group plc (listed FTSE 250) alongside the Kapur Family Trustâholding 49% and 51% stakes respectively. As of June 30, 2024, TFS operated: 397 Travel QSR outlets (335 in 14 Indian airports, 30 across 2 Malaysian airports, and 32 highway…
Read Moređ Fixed Income Investment Opportunity â July 2025 NCDs from Muthoot Fincorp, Edelweiss Financial & Adani Enterprises Ltd…
Looking for a safer investment option with predictable returns, better than traditional FDs?July 2025 brings three attractive Secured Non-Convertible Debentures (NCDs) from reputed financial companies â Muthoot Fincorp Ltd, Edelweiss Financial Services Ltd and Adani Enterprises Ltd. These NCDs offer 9% p.a. to 10.50% p.a. returns (depends on tenure), flexible tenures, and are ideal for investors looking for steady income or wealth compounding. đ˘ Company Profiles đś Muthoot Fincorp Ltd Muthoot Fincorp Ltd is one of Indiaâs leading NBFCs and part of the Muthoot Pappachan Group. The company specializes in:…
Read MoreCrizac Limited IPO
Crizac Limited is a Kolkataâbased incorporated in 2011, B2B educationâtech company that serves as an intermediary between global universities and studentârecruitment agents, primarily in India and other emerging markets. Here’s a detailed overview: đ˘ Company Profile & Business Model Founded: FY 2011 (Kolkata); co-primary operations also in London. What they do: Crizac operates a proprietary digital platform that connects licensed, local agents with universities abroad, assisting with student applications, documentation, tracking, visa prep, and preâdeparture services â without charging students directly. Their revenue comes from commissions paid by the universities…
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