News & Blogs

Expert insights on Mainboard and SME IPO trends.

Upcoming IPO
Upcoming IPO

Bharat Coking Coal Limited (BCCL): Jan 2026’s Big-Ticket PSU IPO

Evaluating Bharat Coking Coal Limited’s market dominance and January 2026 IPO potential.

1 min Read
China & Hong Kong: Stimulus and Tech Drive an 18% Annual Surge China Market

China & Hong Kong: Stimulus and Tech Drive an 18% Annual Surge

China’s markets snap a winning streak just before the holiday break, ending 2025 as one of the best-performing regions globally. This blog details the Shanghai Composite's recovery and the impact of "proactive" fiscal policies.

1 min
Sundrex Oil Company IPO: Listing Today with Mixed Signals Open IPO

Sundrex Oil Company IPO: Listing Today with Mixed Signals

Sundrex Oil Company makes its debut on the NSE SME platform today, December 30. This update breaks down the B2B lubricant manufacturer's flat GMP status and whether its strong 112% profit growth can overcome the lack of listing-day buzz.

1 min
Modern Diagnostic IPO: The First Active Play of 2026 Open IPO

Modern Diagnostic IPO: The First Active Play of 2026

Opening for its third day of subscription today, Modern Diagnostic and Research Centre is testing investor appetite for the healthcare diagnostic sector. This blog covers the subscription trends and the firm's expansion into North India.

4 min
Fractal Analytics – The AI Giant Prepares its Debut Analysis

Fractal Analytics – The AI Giant Prepares its Debut

Moving toward a mid-January launch, Fractal Analytics is poised to be India's first major AI-focused listing. This blog details the ₹4,900 crore issue and what it means for the Indian tech ecosystem.

5 min
Gabion Technologies IPO: A Solid Start to 2026 Open IPO

Gabion Technologies IPO: A Solid Start to 2026

Opening today, January 6, Gabion Technologies is bringing the "Infrastructure Safety" theme to the market. This blog covers the impressive 37% Grey Market Premium (GMP) and the company’s niche in rockfall protection and slope stabilization.

5 min
Defrail Technologies IPO: A Micro-Cap Opportunity in the Rubber & Polymer Sector? Open IPO

Defrail Technologies IPO: A Micro-Cap Opportunity in the Rubber & Polymer Sector?

Defrail Technologies Limited, a specialized manufacturer of rubber and polymer-based components, is launching its ₹13.77 crore SME IPO. This post explores the company’s business model—including its role as an RDSO-approved vendor for Indian Railways—its financial health, and the key details investors need to know before the bidding window closes on January 13, 2026.

8 min
Amagi Media Labs IPO: A SaaS Unicorn Debuts with a "Valuation Reset" Open IPO

Amagi Media Labs IPO: A SaaS Unicorn Debuts with a "Valuation Reset"

Amagi Media Labs, a global leader in cloud-native SaaS for the media and entertainment industry, is launching its ₹1,789 crore IPO. This post breaks down the company’s strategic decision to price the issue below its last private valuation, its recent turn toward profitability, and the essential details for investors ahead of the January 13 opening.

8 min
Narmadesh Brass Industries IPO: Investing in India’s “Brass City” Hub? Open IPO

Narmadesh Brass Industries IPO: Investing in India’s “Brass City” Hub?

Narmadesh Brass Industries, a Jamnagar-based manufacturer of brass billets, rods, and components, has launched its ₹44.87 crore SME IPO. This post dives into the company’s "integrated manufacturing" model, its financial growth from FY23 to FY25, and the key bidding details for investors looking at the industrial metal sector.

8 min
Indo SMC IPO: Ashish Kacholia-Backed Composite Power Play Debuts Open IPO

Indo SMC IPO: Ashish Kacholia-Backed Composite Power Play Debuts

Indo SMC Limited, an Ahmedabad-based manufacturer of composite electrical enclosures and components, is launching its ₹91.95 crore SME IPO. With a massive 395% revenue jump in FY25 and backing from ace investor Ashish Kacholia, this post explores if the company's "Sheet Moulding Compound" technology is a winning bet for investors.

8 min
Armour Security India IPO: Guarding Growth in the Manpower & Facility Sector? Open IPO

Armour Security India IPO: Guarding Growth in the Manpower & Facility Sector?

Armour Security India Limited, a two-decade-old player in the private security and facility management space, has launched its ₹26.51 crore SME IPO. This post details the company’s expansion into 13+ states, its recent surge in PAT margins, and the key financial metrics you need to know before the subscription window closes on January 19, 2026.

8 min
GRE Renew Enertech IPO: Harnessing the Solar Surge in the SME Space? Open IPO

GRE Renew Enertech IPO: Harnessing the Solar Surge in the SME Space?

GRE Renew Enertech Limited, a Mehsana-based solar EPC and LED lighting player, is set to launch its ₹39.56 crore IPO. This post explores the company’s dual business model (CAPEX and RESCO), its financial track record with over 61 MW of projects executed, and why this "Green Energy" issue is catching the eye of D-Street investors.

8 min
Avana Electrosystems IPO: Powering Growth in the Relay & Control Panel Segment? Open IPO

Avana Electrosystems IPO: Powering Growth in the Relay & Control Panel Segment?

Avana Electrosystems Limited, a Bengaluru-based manufacturer of specialized power system protection equipment, has launched its ₹35.22 crore SME IPO. This post covers the company’s strong financial trajectory, its role in India’s power infrastructure, and critical investment details before the subscription closes on January 14, 2026.

8 min
Shadowfax Technologies IPO: A Last-Mile Giant Turns Profitable Ahead of D-Street Debut Open IPO

Shadowfax Technologies IPO: A Last-Mile Giant Turns Profitable Ahead of D-Street Debut

Shadowfax Technologies, the Flipkart-backed logistics disruptor, is launching its ₹1,907 crore IPO. This post explores the company’s recent "turnaround" into profitability, its massive gig-worker network covering 14,700+ pin codes, and the critical financial details you need to know before the bidding window closes on January 22, 2026.

8 min
Aritas Vinyl IPO: A High-Growth Play in the Synthetic Leather Space? Open IPO

Aritas Vinyl IPO: A High-Growth Play in the Synthetic Leather Space?

Aritas Vinyl Limited, a manufacturer of high-tech artificial leather and PVC-coated textiles, has launched its ₹37.52 crore SME IPO. This post breaks down the company’s impressive 4x profit growth over two years, its export reach across 5+ countries, and the key financial metrics you need to evaluate before the bidding window closes on January 20, 2026.

5 min
Digilogic Systems IPO: A Strategic Bet on India’s Defence Indigenization? Open IPO

Digilogic Systems IPO: A Strategic Bet on India’s Defence Indigenization?

Digilogic Systems Limited, a Hyderabad-based provider of advanced Automated Test Equipment (ATE) and Electronic Warfare simulators for the defence and aerospace sectors, has launched its ₹81.01 crore SME IPO. This post breaks down the company’s massive 238% profit growth in FY25, its "Kacholia-style" growth metrics, and the essential bidding details you need before the issue closes on January 22, 2026.

8 min
Hannah Joseph Hospital IPO: A Specialized Healthcare Play in South Tamil Nadu Open IPO

Hannah Joseph Hospital IPO: A Specialized Healthcare Play in South Tamil Nadu

Hannah Joseph Hospital Limited, a Madurai-based tertiary care specialist in Neurosciences and Cardiac care, has launched its ₹42 crore SME IPO. This post dives into the hospital's expansion plans for a new Radiation Oncology Centre, its consistent profit growth (71% PAT increase in FY25), and the critical investment details for the bidding period ending January 27, 2026.

5 min
Shayona Engineering IPO: A Diversified Precision Engineering & Piping Play Open IPO

Shayona Engineering IPO: A Diversified Precision Engineering & Piping Play

Shayona Engineering Limited, a Vadodara-based manufacturer specializing in precision castings and the newly launched "Shayona Pipe" vertical, is out with its ₹14.86 crore SME IPO. This post analyzes the company's 52% CAGR revenue growth, its expansion into HDPE/PVC pipes, and the key financial metrics for investors looking to bid before January 27, 2026.

5 min
Accretion Nutraveda IPO: A High-Growth Bet on Ayurvedic CDMO and Global Wellness Open IPO

Accretion Nutraveda IPO: A High-Growth Bet on Ayurvedic CDMO and Global Wellness

Accretion Nutraveda Limited, a Gujarat-based healthcare manufacturer specializing in over 400 Ayurvedic and nutraceutical formulations, is launching its ₹24.77 crore SME IPO. This post breaks down the company’s massive revenue growth, its global footprint across 20+ countries, and the essential bidding details for investors looking to participate between January 27 and January 30, 2026.

8 min
NFP Sampoorna Foods IPO: A Premium Dry Fruit Play in the Healthy Snacking Space Upcoming IPO

NFP Sampoorna Foods IPO: A Premium Dry Fruit Play in the Healthy Snacking Space

NFP Sampoorna Foods Limited, a Rajasthan-based processor of premium cashews, almonds, and makhana, is launching its ₹24.53 crore SME IPO. This post details the company’s impressive 40.9% ROCE, its direct procurement network from Africa and Bihar, and the key financial metrics you need to evaluate before the subscription window opens on January 27, 2026.

8 min
Kasturi Metal IPO: Final Day Buzz & Listing Outlook for India’s Infrastructure Reinforcer Open IPO

Kasturi Metal IPO: Final Day Buzz & Listing Outlook for India’s Infrastructure Reinforcer

Kasturi Metal Composite Limited, a specialized manufacturer of steel fibers and steel wool for critical infrastructure, is concluding its ₹17.61 crore SME IPO today. This post provides the final subscription trends, a deep dive into the company's aggressive capacity expansion, and the crucial listing strategy for investors ahead of its February 3, 2026 debut.

8 min
Hannah Joseph Hospital IPO: Specialised Healthcare Play in Madurai — Apply or Avoid? Open IPO

Hannah Joseph Hospital IPO: Specialised Healthcare Play in Madurai — Apply or Avoid?

Hannah Joseph Hospital Limited, a premier neurology and multi-specialty healthcare provider in South Tamil Nadu, is concluding its ₹42 crore SME IPO today. This post provides a final look at the subscription trends, the hospital's ambitious expansion into radiation oncology, and the essential timelines for allotment and listing on January 30, 2026.

8 min
Shayona Engineering IPO: A Deep Dive into the Vadodara-Based Engineering Specialist Open IPO

Shayona Engineering IPO: A Deep Dive into the Vadodara-Based Engineering Specialist

Shayona Engineering Limited, a diversified manufacturer of precision castings and piping systems, has concluded its bidding window today. With a fresh issue size of ₹14.86 crore and a focus on industrial automation and infrastructure, this blog analyzes the final subscription trends, financial growth, and what investors should expect for the listing on January 30, 2026.

5 min
CKK Retail Mart IPO: A Fast-Growing FMCG Distributor Hits the Market Upcoming IPO

CKK Retail Mart IPO: A Fast-Growing FMCG Distributor Hits the Market

CKK Retail Mart Limited, a key distributor of packaged agro-commodities and branded beverages, is launching its ₹88.02 crore SME IPO. This post breaks down the company’s massive 100% revenue growth in FY24, its expansion into the "FruitzzzUp" juice brand, and the key financial metrics you need to evaluate before the bidding window opens on January 30, 2026.

8 min
Kanishk Aluminium IPO: A Strategic Bet on the 'Blue City's' Industrial Growth? Open IPO

Kanishk Aluminium IPO: A Strategic Bet on the 'Blue City's' Industrial Growth?

Kanishk Aluminium India Limited, a Jodhpur-based manufacturer of aluminium extrusions and the name behind the premium "Baari" brand, is currently live with its ₹29.20 crore IPO. With the bidding closing tomorrow, January 30, this post analyzes the company's transition to a debt-free balance sheet, its growing presence in the solar and architectural sectors, and the current flat GMP status.

8 min
The February 2026 Roadmap — New Names and AI Dreams Upcoming IPO

The February 2026 Roadmap — New Names and AI Dreams

February 2026 is shaping up to be a historic month for the Indian stock market. While January was dominated by SMEs, February is the month where the "Heavyweights" are expected to take the stage.

5 min
Msafe Equipments IPO: Climbing High in the Industrial Safety Market Open IPO

Msafe Equipments IPO: Climbing High in the Industrial Safety Market

Msafe Equipments Limited, a leader in aluminum scaffolding and height-safety solutions, is currently live with its ₹66.42 crore IPO. With the bidding ending tomorrow, January 30, this post breaks down the company’s impressive 48% revenue growth, its expansion into a new Greater Noida facility, and the current Grey Market Premium (GMP) as it targets a listing on the BSE SME platform.

8 min
Biopol Chemicals IPO: A High-Growth Specialty Chemicals Play Hits the Market Open IPO

Biopol Chemicals IPO: A High-Growth Specialty Chemicals Play Hits the Market

Biopol Chemicals Limited, a leading manufacturer of specialty chemicals for textiles, home care, and agriculture, is launching its ₹31.26 crore SME IPO on February 6, 2026. This blog breaks down the company’s strong financial trajectory, its transition from the legacy "United Chemical Company," and the key risks and rewards for investors looking at the chemical sector.

8 min
Brandman Retail IPO: Walking with Global Giants — A New Balance for Investors? Open IPO

Brandman Retail IPO: Walking with Global Giants — A New Balance for Investors?

Brandman Retail Limited, a premier distributor of global athleisure brands like New Balance and Salomon, is launching its ₹86.09 crore SME IPO tomorrow, February 4, 2026. With an asset-light model and a massive 153% jump in profit, this post explores the company’s "Sneakrz" multi-brand strategy and whether the ₹2.81 lakh entry price is worth the stride.

8 min
Grover Jewells IPO: A Golden Opportunity or a Risky Shine? Upcoming IPO

Grover Jewells IPO: A Golden Opportunity or a Risky Shine?

Grover Jewells Limited, a Delhi-based wholesale gold jewellery powerhouse, is launching its ₹33.83 crore IPO on February 4, 2026. With a massive revenue jump in FY25 and a footprint spanning 20 states, this blog explores whether the company's aggressive pricing and specialized manufacturing can deliver long-term value to investors.

10 min
Aye Finance IPO: Alphabet-Backed MSME Lender Ready for its Market Debut Open IPO

Aye Finance IPO: Alphabet-Backed MSME Lender Ready for its Market Debut

Aye Finance, a prominent NBFC backed by Google’s parent company Alphabet (via CapitalG) and Elevation Capital, is set to open its ₹1,010 crore IPO on February 9, 2026. This blog covers the fixed price band of ₹122–₹129, the company’s "cluster-based" lending model, and the latest Grey Market Premium (GMP) signals.

8 min
PAN HR Solution IPO: A Micro-Cap Staffing Powerhouse Hits the Market Open IPO

PAN HR Solution IPO: A Micro-Cap Staffing Powerhouse Hits the Market

PAN HR Solution Limited, a specialized B2B manpower provider with over 10,000 personnel deployed nationwide, has launched its ₹17.04 crore SME IPO. With a price band of ₹74 to ₹78, this blog analyzes the company’s transition to a high-margin "Pay and Collect" model, its 99% revenue dependency on top clients, and the current flat GMP status.

8 min
NFP Sampoorna Foods IPO: Premium Dry Fruits Player Prepares for NSE SME Debut Open IPO

NFP Sampoorna Foods IPO: Premium Dry Fruits Player Prepares for NSE SME Debut

NFP Sampoorna Foods Limited, a Delhi-based processor of premium dry fruits including cashews, almonds, and makhana, recently concluded its ₹24.53 crore IPO. With a strong presence in both B2B and B2C channels (Amazon, Flipkart, Blinkit), this blog analyzes the company’s recent 55% revenue growth and the key timelines for allotment and listing on February 11, 2026.

8 min
Aye Finance IPO: Final Day Bidding – Will Institutional Giants Lift the Tide? Open IPO

Aye Finance IPO: Final Day Bidding – Will Institutional Giants Lift the Tide?

The ₹1,010 crore Aye Finance IPO concludes its public bidding today, February 11, 2026. Backed by Alphabet (Google) and marquee global funds, the IPO has seen a cautious start with a flat GMP. This update provides the live Day 3 subscription trends, latest financials (H1 FY26), and the critical listing timelines for February 16.

5 min
PNGS Reva Diamond Jewellery IPO: A Sparkling Mainboard Debut from the House of PNG Upcoming IPO

PNGS Reva Diamond Jewellery IPO: A Sparkling Mainboard Debut from the House of PNG

Backed by the legendary P.N. Gadgil & Sons, PNGS Reva Diamond Jewellery is set to launch its ₹380 crore IPO on February 24, 2026. With a focus on "Affordable Luxury" and plans to open 15 new exclusive stores, this blog breaks down the ₹367–₹386 price band, the company's 40% profit growth, and why the grey market is already buzzing.

10 min
Yashhtej Industries IPO: A High-Growth Bet on Soybean Processing & Solar Energy Upcoming IPO

Yashhtej Industries IPO: A High-Growth Bet on Soybean Processing & Solar Energy

Latur-based Yashhtej Industries is launching its ₹88.88 crore SME IPO today, February 18, 2026. With a phenomenal revenue surge of over 400% in FY25 and a strategic move into solar power, this blog explores the company’s "Fixed Price" offering and whether its 14x P/E ratio makes it a value buy for retail investors.

8 min
Gaudium IVF IPO: India’s First Fertility Pioneer Hits the Market! Upcoming IPO

Gaudium IVF IPO: India’s First Fertility Pioneer Hits the Market!

Gaudium IVF & Women Health Limited is set to create history with its ₹165 crore IPO opening for public bidding on February 20, 2026. With a strong 41% ROE and a unique hub-and-spoke model across 30+ locations, this blog covers the ₹75–₹79 price band, the high-margin fertility sector outlook, and today’s critical anchor investor activity.

8 min
Shree Ram Twistex IPO: Spinning a Green Future in the Cotton Yarn Sector Upcoming IPO

Shree Ram Twistex IPO: Spinning a Green Future in the Cotton Yarn Sector

Shree Ram Twistex, a specialized B2B cotton yarn manufacturer from Gujarat, is set to launch its ₹110.24 crore Mainboard IPO on February 23, 2026. With a focus on high-margin "Eli Twist" yarns and a massive pivot toward 100% captive renewable energy, this blog breaks down the ₹95–₹104 price band and the company’s staggering 22% profit growth.

8 min
Clean Max Enviro Energy IPO: India’s Green Energy Giant Goes Public! Upcoming IPO

Clean Max Enviro Energy IPO: India’s Green Energy Giant Goes Public!

Clean Max Enviro Energy, the preferred green partner for giants like Amazon, Google, and Apple, is launching its ₹3,100 crore IPO on February 23, 2026. With a massive 2.54 GW operational capacity and a successful turnaround to profitability in FY25, this blog breaks down the ₹1,000–₹1,053 price band, the high-profile backing by Brookfield, and what the current grey market trends suggest for investors.

8 min
Manilam Industries IPO: A Stylish Entry into the Decorative Laminates Market Upcoming IPO

Manilam Industries IPO: A Stylish Entry into the Decorative Laminates Market

Manilam Industries, a prominent manufacturer of decorative laminates and plywood, is launching its ₹39.95 crore SME IPO on February 20, 2026. With a strong ROE of 24.8% and a massive product portfolio of over 1,000 designs, this blog explores the ₹65–₹69 price band and the company's aggressive expansion plans in the building materials sector.

8 min
Mobilise App Lab IPO: A Scalable SaaS Play in the Enterprise Digital Space Upcoming IPO

Mobilise App Lab IPO: A Scalable SaaS Play in the Enterprise Digital Space

SaaS pioneer Mobilise App Lab Limited is set to launch its ₹20.10 crore NSE SME IPO on February 23, 2026. Specializing in AI-driven ERP and IoT solutions for education and facility management, the company boasts a massive 48.3% EBITDA margin and a revenue CAGR of over 50%. This blog covers the ₹75–₹80 price band and its strategic focus on infrastructure and talent hiring.

5 min