Upcoming ipos: Latest news on stocks, economy & finance

Technocraft Ventures IPO Review

Vishal Dalwadi — Fri, 07 Aug 2026 12:52:34 +0000

Technocraft Ventures Limited, an infrastructure development company engaged in executing turnkey EPC contracts, plans to raise ₹252 crore through an IPO.

[Fresh Issue ₹202 Cr + OFS ₹50 Cr]

Technocraft ventures limited ipo price: ₹200–₹212 per share.

Technocraft Ventures: History

The Company was originally incorporated as Technocraft Construction Private Limited, a private limited company under the Companies Act, 1956, on October 21, 1998.

The Company was then converted into a public limited company on March 13, 2024, under a special resolution passed by the shareholders.

Its name was subsequently changed to Technocraft Ventures Limited, and the RoC issued a fresh certificate of incorporation on June 11, 2025.

Technocraft Ventures: Business

Technocraft Ventures Limited is a multidisciplinary public infrastructure development company engaged in the execution of turnkey Engineering, Procurement, and Construction (EPC) contracts.

The company offers end-to-end EPC capabilities, including design, engineering, procurement, construction, commissioning, and lifecycle O&M services.

The Company operates across various infrastructure segments, including

Wastewater Treatment (WWT),
Operation and Maintenance (O&M) of public utilities,
Water Supply Scheme Projects (WSSPs),
Electrical transmission and distribution networks,
Construction of substations, road and national highway works,
Micro tunneling, and
Sector-level urban development.

The Company executes projects primarily for state governments and government agencies across northern India, including Uttar Pradesh, Uttarakhand, Rajasthan, and the National Capital Territory of Delhi.

Key Projects Executed

The Company has executed projects under key central and state-sponsored schemes including –

Atal Mission for Rejuvenation and Urban Transformation (AMRUT),
Jawaharlal Nehru National Urban Renewal Mission (JNNURM),
Urban Infrastructure Development Scheme in Satellite Towns (UIDSST),
Namami Gange Programme (Namami Gange),
Jal Jeevan Mission (JJM), and
Pradhan Mantri Gram Sadak Yojana (PMGSY).

Order Book

As of July 15, 2026, Technocraft Ventures had an order book of ₹1,321 Cr of unexecuted work, supported by 19 ongoing projects with a total contract value of ₹1,948 Cr.

Strategies Ahead

Strategic expansion of project scale and capacity to enhance market position
Expanding presence in other states and leveraging the infrastructure demand
On-site renewable energy generation to support project execution and reduce costs
Capitalize on government policy initiatives.
Strategic diversification into high-growth sectors aligned with national infrastructure goals
Enhance core strengths by attracting, retaining and training qualified personnel.

Company Promoters

Sanjay Tyagi,
Rekha Tyagi,
Kartikey Tyagi,
Kartikey Constructions (Partnership Firm), and
Sanjay Tyagi HUF.

Refer to Technocraft Ventures Limited DRHP for more information.

IPO Details

ipo date: 7 Aug – 11 Aug 2026

Minimum Amount: ₹14,840

Minimum Bid: 70 Shares

Face Value: INR 10 per share

Listing On: NSE, BSE

Financial

Book Running Lead Manager

Khambatta Securities Limited

CONCLUSION

Considering financial performance and the nature of the business, FinBlab recommends ‘SUBSCRIBE‘ ratings (keeping a long-term view in mind) for the Technocraft Ventures IPO.

Do come back to learn more about “upcoming IPOs”.

Disclaimer: This article is purely for informational purposes.

While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Technocraft Ventures IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

Ardee Industries IPO Review

Vishal Dalwadi — Tue, 04 Aug 2026 14:57:37 +0000

Ardee Industries Limited, a leading Indian company supplying high-quality lead metal to domestic and international markets, plans to raise ₹426 crore through an IPO.

[Fresh Issue ₹320 Cr + OFS ₹106 Cr]

Ardee Industries share price: ₹400–₹425 per share.

Ardee Industries: History

The Company was originally incorporated as Ardee Industries Private Limited, a private limited company under the provisions of the Companies Act, 1956, at Chennai, Tamil Nadu, India, on September 16, 1993.

The Company was then converted into a public limited company on April 1, 2025, under a special resolution passed by the members.

Its name was subsequently changed to Ardee Industries Limited, and the RoC issued a fresh certificate of incorporation on May 6, 2025.

Ardee Industries: Business

Ardee Industries Limited is one of India’s leading players in the circular economy, specializing in the environmentally responsible recovery and recycling of end-of-life energy storage products and non-ferrous scrap.

The Company’s product portfolio comprises pure lead and lead alloys, such as lead calcium, antimony, tin, silver, and cadmium alloys, which find applications in critical industries.

Energy storage,
E-mobility,
Automotive, and
Chemical.

According to the F&S Report, Ardee Industries is one of the fastest-growing companies in terms of revenue among its peers, with a revenue CAGR of 33.15% over the last three fiscal years.

The Company has the brand ‘Ardee’ listed on the MCX platform, which provides customers and commodity traders a platform to purchase and trade in the company’s product, pure lead.

In the year 2022, Ardee_Industries was recognized as a ‘One Star Export House’ issued by the Directorate General of Foreign Trade, Ministry of Commerce & Industry, Government of India.

Exports Revenue

Exports represent 40 percent of revenue, with shipments to eight countries including Japan, Singapore, South Korea, Switzerland, and the UAE.

Manufacturing Facility

The company operates a 7.61-acre recycling facility in Tirupati, Andhra Pradesh, India, with an installed recycling capacity of 156,950 MTPA, supported by ISO-certified manufacturing systems and an NABL-accredited testing laboratory.

Strategies Ahead

Expand sustainably driven product portfolio through capacity expansion.

Expanding geographical footprint to capture larger customer base across exports and domestic markets

Listing of “Ardee” on the London Metal Exchange (LME) platform.

Improving the debt profile of the Company.

Company Promoters

Sandeep Aggarwal,
Nikunj Aggarwal,
Esha Gupta.

Refer to Ardee Industries DRHP for more details.

IPO Details

ipo date: 5 Aug – 7 Aug 2026

Minimum Amount: ₹14,893

Minimum Bid: 281 Shares

Face Value: INR 2 per share

Listing On: NSE, BSE

Financial

Book Running Lead Manager

Pantomath Capital Advisors

CONCLUSION

Considering financial performance and the nature of the business, FinBlab recommends ‘SUBSCRIBE‘ ratings for the Ardee Industries IPO.

Do come back to learn more about “upcoming IPOs”.

Disclaimer: This article is purely for informational purposes.

The post Ardee Industries IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

GST 2.0 News: List Of Products With Their New GST Rates

Vishal Dalwadi — Sat, 01 Aug 2026 07:35:56 +0000

GST collections July 2026

India’s gross GST (Goods and Services Tax) collection for July 2026 stood at INR 2.11 lakh crore, up 15.4% year-on-year (INR 1.83 lakh crore for the same period last year).

According to government officials, the robust performance was driven by a sharp increase in import-related GST collections, which rose 28.8% year-on-year to INR 66,511 crore from INR 51,626 crore a year earlier.

This is only the second instance this fiscal year that monthly collections have crossed the INR 2 lakh crore mark (it was April 2026, when revenues touched a record INR 2.43 lakh crore).

On a month-on-month basis, GST collection increased from INR 1.95 lakh crore in June 2026 to INR 2.11 lakh crore in July 2026.

Regional Trends: Maharashtra remained the highest contributor to GST revenue in July 2026, with collections rising 13% year-on-year to INR 32,210 crore.

Gujarat recorded a 19% increase in GST collections to INR 12,923 crore, while Karnataka’s collections rose 12% to INR 13,854 crore.

GST Collections Monthly Data

April 2026 = INR 2.43 lakh crore

May 2026 = INR 1.94 lakh crore

June 206 = INR 1.95 lakh crore

Also Read:

MV Electrosystems IPO Review

Juniper Green Energy IPO Review

1 July 2026

GST collections June 2026

India’s gross Goods and Services Tax (GST) collection for the month of June 2026 stood at INR 1.95 lakh crore, an increase of 13.9 percent on a year-on-year basis (INR 1.71 lakh crore for the same period last year).

According to the government officials, the June GST collection marks the strongest annual expansion since May 2025, when GST revenues had risen 16.4 percent.

According to the official data, a major driver of the June 2026 GST collection was import-related revenue, which jumped 34.6% Y-o-Y to INR 60,038 crore from INR 44,600 crore a year earlier.

On a month-on-month basis, GST collection increased marginally from INR 1.94 lakh crore in May 2026 to INR 1.95 lakh crore in June 2026.

Regional Trends: According to the GOI website, Maharashtra led the collections with ₹30,714 crore.

Uttar Pradesh posted the strongest growth in June 2026, with GST collections rising 19 percent, followed by Assam (17%), Punjab (14%), and Gujarat posted (12%) growth.

ALSO READ: Knack Packaging IPO Review

1 June 2026

GST collections May 2026

India’s gross Goods and Services Tax (GST) collection for the month of May 2026 stood at INR 1.94 lakh crore, increased by 3.2 percent on a year-on-year basis (INR 1.88 lakh crore for the same period last year).

According to government sources, collections are healthy, and demand is robust.

According to official data, the services sector continues to demonstrate strong momentum in April 2026, with total taxable supply growing by 22.2 percent year-on-year.

On a month-on-month basis, GST collection decreased from INR 2.43 lakh crore in April 2026 to INR 1.94 lakh crore in May 2026.

Gross Domestic GST Revenue: Fell by 2.6 percent Y-o-Y to INR 1.35 lakh crore.

Import-Related GST Revenues: Grew by 19.1 percent annually (INR 59,654 crore).

Regional Trends: According to the GOI website, Maharashtra led the collections with ₹29,141 crore, followed by Karnataka and Gujarat.

1 May 2026

GST collections April 2026

India’s gross Goods and Services Tax (GST) collection for the month of April 2026 stood at INR 2.43 lakh crore, increased by 8.7 percent on a year-on-year basis (INR 2.23 lakh crore for the same period last year).

April 2026 registered an all-time high GST collections primarily due to higher import revenues even though domestic consumption growth appeared to be slowing down.

On a month-on-month basis, GST collection increased from INR 2 lakh crore in March 2026 to INR 2.43 lakh crore in April 2026.

Gross Domestic GST Revenue: Rose by 4.3 percent Y-o-Y to INR 1.85 lakh crore.

Import-Related GST Revenues: Grew by 25.8 percent annually (INR 57,580 crore).

Regional Trends: According to the GOI official website, Maharashtra led the collections with ₹22,929 crore, followed by Karnataka and Gujarat.

1 April 2026

GST collections March 2026

India’s gross Goods and Services Tax (GST) collection for the month of March 2026 stood at INR 2 lakh crore, increased by 8.8 percent on a year-on-year basis (INR 1.84 lakh crore for the same period last year).

On a month-on-month basis, GST collection increased from INR 1.84 lakh crore in February 2026 to INR 2 lakh crore in March 2026.

Gross Domestic GST Revenue: Rose by 5.9 percent Y-o-Y to INR 1.46 lakh crore.

Import-Related GST Revenues: Grew by 17.8 percent annually (INR 53,861 crore).

1 March 2026

GST collections February 2026

India’s goods and services tax (GST) collection for the month of February 2026 stood at ₹1.84 lakh crore, increased by 8.1 percent on a year-on-year basis (₹1.69 lakh crore for the same period last year).

Gross Domestic GST Revenue: Rose by 5.3 percent Y-o-Y to ₹1.35 lakh crore

Import-Related GST Revenues: Grew by 17.2 percent annually.

4 September 2025

The 56th GST (Goods and Services Tax) Council meeting, led by the honourable Finance Minister Shri Nirmala Sitharaman, on September 3, 2025, approved a two-slab structure, i.e., 5% and 18%, and no GST on individual health insurance policies.

Yes, there will be a special tax of 40 per cent for sin, super luxury, and demerit goods such as cigarettes, pan masala, and tobacco, as per the GST 2.0 news.

With these reforms, the GST will eliminate the multiplicity of slabs, i.e., 5 percent, 12 percent, 18 percent, and 28 percent.

In a late evening media briefing, finance minister Sitharaman said that this is not just GST rate rationalisation but a structural reform that will ease compliance.

The Finance minister also stated that 22 September 2025 is the Gst 2.0 effective date, the first day of Navratri…

Find details of the products available under the New gst rate cut.

PM Said –

Prime Minister Narendra Modi has said that “The next generation of GST reforms are a gift for every Indian this Diwali.”

It will benefit the common man, farmers, middle-class, MSMEs, women, and youth.

LAST ARTICLE – Amanta Healthcare IPO Review

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I ( Vishal Dalwadi ) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post GST 2.0 News: List Of Products With Their New GST Rates appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

MV Electrosystems IPO Review

Vishal Dalwadi — Thu, 30 Jul 2026 10:49:00 +0000

MV Electrosystems Limited, a technology-driven company engaged in the design, development, and manufacturing of electrical & power electronics equipment used in railway rolling stock, plans to raise ₹290 crore through an IPO.

[Fresh Issue ₹290 Cr + OFS NIL]

MV Electrosystems ipo price: ₹400–₹425 per share.

MV Electrosystems: History

The Company was incorporated as MV Electrosystems Private Limited on July 03, 2009, in New Delhi, as a private limited company under the Companies Act, 1956.

Its name was subsequently changed to MV Electrosystems Limited, and the RoC issued a fresh certificate of incorporation on November 26, 2021.

MV Electrosystems: Business

Incorporated in the year 2009, MV Electrosystems is engaged in the design, development, assembly, and manufacturing of electrical and power electronics equipment used in railway rolling stock, including IGBT-based 3-Phase Drive Propulsion.

The Company offers equipment for electric locomotives, switchgear panels for coaches and EMUs, cable protection systems and related electrical components.

The Company operates within India’s rail infrastructure transition, driven by mandated broad-gauge electrification, Make-in-India procurement requirements, and the expansion of the network, including upcoming high-speed corridors.

R&D Facility

The company has an in-house Research, Design & Development Centre based at Faridabad, Haryana, India, which is the technological backbone of its operations, dedicated to innovation, engineering, and advancement of complex and high-performance power electronics and other railway systems.

Strategies Ahead

Diversify product base
Increase penetration across different global regions & synergetic potential applications like Renewable Energy Projects, Industrial & Commercial Power Conversion Systems, Energy Storage Systems, Electric Mobility & Charging Infrastructure.
Development (acquisition) of new products that are used in conjunction with propulsion equipment in line with the newer opportunities under Indian Railways.
Increase manufacturing capabilities, reduce operating costs, and improve operating efficiencies.
Make in India and focus on developing in-house intellectual property rights.
Scalable Business Model with Focus on High-Value Products and opportunity to enter into rolling stock manufacturing capabilities.

Company Promoters

Mohit Vohra,
Amit Dhawan,
Sumit Dhawan,
Rahul Dhawan,
Sonali Dhawan, and
Ramendra Pratap Singh.

Refer to MV Electrosystems DRHP for further details.

IPO Details

ipo date: 30 July – 3 August 2026

Minimum Amount: ₹14,450

Minimum Bid: 34 Shares

Face Value: INR 5 per share

Listing On: NSE, BSE

Financial

Book Running Lead Manager

Sundae Capital Advisors

CONCLUSION

Considering financial performance and the nature of the business, FinBlab recommends ‘NEUTRAL‘ ratings for the MV Electrosystems IPO.

Do come back to learn more about “upcoming IPOs”.

Disclaimer: This article is purely for informational purposes.

The post MV Electrosystems IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

Juniper Green Energy IPO Review

Vishal Dalwadi — Wed, 29 Jul 2026 12:40:13 +0000

Juniper Green Energy Limited, one of India’s leading renewable energy independent power producers, plans to raise ₹1,800 crore through an IPO.

[Fresh Issue ₹ 1,800 Cr + OFS NIL]

Juniper green energy ipo price: ₹214–₹225 per share.

Juniper Green Energy: History

The Company was originally incorporated as AT Capital Advisory India Private Limited, a private limited company under the provisions of the Companies Act, 1956, on December 5, 2011.

The Company was then converted into a public limited company on May 22, 2025, under a special resolution passed by the members.

Its name was subsequently changed to Juniper Green Energy Limited, and the RoC issued a fresh certificate of incorporation on May 26, 2025.

Juniper Green Energy: Business

Juniper Green Energy Limited is among the top 10 largest renewable independent power producers (IPPs) in India (in terms of Total Capacity as at December 31, 2024), according to the CRISIL Report.

The Company develops, builds, operates, and maintains utility-scale renewable energy projects through its in-house EPC and O&M teams, and generates revenue through the sale of electricity to various off-takers, including state- and central government-backed entities.

The Company’s product portfolio spans across solar, wind, wind-solar hybrid (WSH), and firm & dispatchable renewable energy (FDRE) projects, supported by 4,563.9 MWh of planned battery energy storage systems (BESS).

Projects Awarded

According to the CRISIL Report, the company had a diversified renewable energy portfolio of 7,910.2 MW across 50 projects, including 20 operational, 19 under-construction, and 11 awarded projects, as of June 30, 2026.

Strategies Ahead

Capitalize on the growing renewable energy sector in India.

Expand and diversify portfolio of projects and gain market share.

Invest in the supply chain and procure critical components on time & in a cost-effective manner.

Integrate advanced digital technologies into renewable energy operations.

Diversify funding sources and identify partners (investors) for future growth.

Company Promoters

Arvind Tiku,
Hemant Tikoo,
Niharika Tiku,
AT Holdings Pte. and
Juniper Renewable Holdings Pte.

Refer to Juniper Green Energy DRHP for more details.

IPO Details

ipo date: 30 July – 3 August 2026

Minimum Amount: ₹14,850

Minimum Bid: 66 Shares

Face Value: INR 10 per share

Listing On: NSE, BSE

Financial

Book Running Lead Managers

ICICI Securities, HSBC Securities and Capital Markets (India), JM Financial, Kotak Mahindra Capital Company

CONCLUSION

Considering financial performance and the nature of the business, FinBlab recommends ‘ MAY SUBSCRIBE‘ ratings for the Juniper Green Energy IPO.

Do come back to learn more about “upcoming IPOs”.

Disclaimer: This article is purely for informational purposes.

The post Juniper Green Energy IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

Manipal Health IPO Review

Vishal Dalwadi — Mon, 27 Jul 2026 08:48:54 +0000

Manipal Health Enterprises Limited, one of India’s foremost multi-speciality healthcare providers, plans to raise ₹9,277 crore through an IPO.

[Fresh Issue ₹8,002 Cr + OFS ₹1,275 Cr]

Manipal Health IPO Price: ₹560–₹590 per share.

Manipal Health: History

The Company was originally incorporated in Bengaluru, Karnataka, India, as Manipal Health Enterprises Private Limited as a private limited company under the Companies Act, 1956, on February 15, 2010.

The Company was then converted into a public limited company on November 8, 2025, under a special resolution passed by the shareholders.

Its name was subsequently changed to Manipal Health Enterprises Limited, and the RoC issued a fresh certificate of incorporation on December 24, 2025.

Manipal Health: Business

Manipal Health Enterprises operates a pan‑India network of multispecialty hospitals delivering a comprehensive range of care services, from outpatient services to complex tertiary and quaternary interventions.

The Company offers clinical services across several specialties, with a focus on,

Tertiary and Quaternary care (particularly in cardiac sciences),
Gastro sciences,
Neurosciences,
Oncology,
Orthopedics, and
Renal sciences (CONGO‑R).

Beyond hospitals, the company operates 21 outpatient clinics, the ManipalTRUtest diagnostics business across 18 states, home healthcare, e-pharmacy, telemedicine services, and AI-enabled digital health platforms.

Network

As of March 31, 2026, Manipal_Health_Enterprises is one of India’s largest private healthcare providers, operating a pan-India network of 49 multispecialty hospitals with 13,037 licensed beds across 14 states and union territories.

According to the CRISIL Report, Manipal_Health is the only private hospital chain network in India to lead in three metro markets of Bengaluru (Karnataka), Kolkata (West Bengal) and Pune (Maharashtra) by bed capacity (5,012 on a pro forma basis and 4,030 on an actual basis) as of September 30, 2025.

Strategies Ahead

Capitalizing growth opportunities in existing facilities and organic network expansion

Strategic acquisitions to enter and consolidate market positions and improve access and patient care

Leverage digital, AI, and technology to extend patient reach.

Focus on operational excellence to drive efficiencies.

Continue to attract, develop, and retain medical talent.

Invest in advanced medical infrastructure and clinical innovations.

Company Promoters

Dr. Ranjan Ramdas Pai,
Imperius Healthcare Investments Pte.,
Manipal Global Health Services,
Memg International,
Kangto Investments Pte. LTD,
Kabru Investments Pte.

Refer to Manipal Health DRHP for further details.

IPO Details

ipo date: 29 July – 31 July 2026

Minimum Amount: ₹14,750

Minimum Bid: 25 Shares

Face Value: INR 2 per share

Listing On: NSE, BSE

Financial

Book Running Lead Managers

Axis Capital Limited, DBS Bank India, Goldman Sachs (India), Jefferies India, J.P. Morgan India, Kotak Mahindra Capital, UBS Securities India

CONCLUSION

Considering financial performance and the nature of the business, FinBlab recommends ‘ MAY SUBSCRIBE‘ ratings for the Manipal Health IPO.

Do come back to learn more about “upcoming IPOs”.

Disclaimer: This article is purely for informational purposes.

The post Manipal Health IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

Indo-MIM IPO Review

Vishal Dalwadi — Thu, 23 Jul 2026 16:09:43 +0000

INDO-MIM Limited, a globally recognized manufacturer of Precision Engineering Components using Metal Injection Molding technology, plans to raise ₹3,812 crore through an IPO.

[Fresh Issue ₹500 Cr + OFS ₹3,312 Cr]

Indo-MIM share price: ₹461–₹485 per share.

INDO-MIM: History

The Company was originally incorporated as A F Technologies India Private Limited under the Companies Act, 1956, on April 12, 1996.

The Company was then converted into a public limited company on September 5, 2023, under a special resolution passed by the shareholders.

Its name was subsequently changed to INDO-MIM Limited, and the RoCs issued a fresh certificate of incorporation on January 12, 2024.

INDO-MIM: Business

INDO-MIM Ltd is the largest manufacturer globally of precision engineering components using Metal Injection Molding (MIM) technology, with a revenue market share of 6.8% in FY 25, and has held this position for the last 6 years.

The Company manufactures and supplies critical and complex products for automotive, consumer, defence, medical, and aerospace sectors, which are required to meet specific requirements in terms of quality, measurements, and tolerances.

Beyond MIM, the company has diversified its manufacturing capabilities into investment casting, ceramic injection molding, precision machining, and metal 3D printing, allowing it to serve industries with demanding engineering requirements.

The Company has manufactured over 9,000 types of products in FY 2026.

Manufacturing Facilities

The company operates 15 manufacturing facilities across India, the United Kingdom, the United States, and Mexico, giving it one of the largest installed MIM production capacities globally.

ALSO READ: Lohia Corp IPO Review

Strategies Ahead

Acquire new clients and increase wallet share by leveraging existing relationships.

Leverage diversified technologies to expand product portfolio and capitalize on industry tailwinds.

Retain and strengthen technological leadership through continued focus on engineering capabilities.

Reduce operating costs and improve operational efficiencies.

Expand business and geographical footprint organically and inorganically.

READ THIS: Xtranet Technologies IPO Review

Company Promoters

Green Meadows Investments Ltd,
Krishna Chivukula,
Krishna Chivukula Jr,
Raj Chivukula,
Jagadamba Chandrasekhar.

Refer to INDO-MIM DRHP for more information.

IPO Details

ipo date: 23 July – 27 July 2026

Minimum Amount: ₹14,550

Minimum Bid: 30 Shares

Face Value: INR 1 per share

Listing On: NSE, BSE

Financial

Book Running Lead Managers

HDFC Bank,

Axis Capital,

ICICI Securities,

Kotak Mahindra Capital,

SBI Capital Markets.

CONCLUSION

Considering financial performance and the nature of the business, FinBlab recommends ‘SUBSCRIBE‘ ratings (keeping a long-term view in mind) on Indo MIM IPO.

Do come back to learn more about “upcoming IPOs”.

Disclaimer: This article is purely for informational purposes.

The post Indo-MIM IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

Xtranet Technologies IPO Review

Vishal Dalwadi — Wed, 22 Jul 2026 08:33:29 +0000

XtraNet Technologies Limited, a company that provides IT & IT-enabled services for a broad range of verticals, plans to raise ₹167 crore through an IPO.

[Fresh Issue ₹167 Cr + OFS NIL]

Xtranet technologies ipo price: ₹120–₹127 per share.

XtraNet Technologies: History

The Company was originally incorporated as XtraNet Technologies Private Limited under the Companies Act, 1956, on January 29, 2002.

The Company was then converted into a public limited company on March 31, 2025, under a special resolution passed by the shareholders.

Its name was subsequently changed to XtraNet Technologies Limited, and a fresh certificate of incorporation was issued by the RoCs on July 02, 2025.

XtraNet Technologies: Business

XtraNet Technologies Ltd is an integrated information technology solutions provider delivering end-to-end services including –

Digital services,
Enterprise applications,
Managed services,
Proprietary platforms, and
Strategic technology partnerships.

The Company commenced operations with System Integration services, including the implementation of Data Networks, IT Security, Smart City IT Infrastructure, and the deployment of Security Operations Centre (SOC) and Network Operations Centre (NOC) solutions.

The Company is operating across diverse industry verticals, including BFSI, healthcare, education, government, utilities, law enforcement, and transportation.

Milestone

In 2008, the company expanded into Application Development,

In 2012, it commenced operations in Data Centre services, strengthening its portfolio in IT infrastructure solutions,

In 2014, it introduced Enterprise Resource Planning (ERP) implementation,

In 2021, it launched Public Key Infrastructure (PKI) and Digital Signature services through our Subsidiary XtraTrust Digisign Private Limited, and

In 2022, it introduced business intelligence and analytics solutions through a group company.

ALSO READ: Lohia Corp IPO Review

Strategies Ahead

Expanding and augmenting platforms and services portfolio

Expand geographical footprints

Technology Innovation

Data Centre & Infrastructure Expansion

Company Promoters

Sukhbir Singh Kukreja,
Jogendrapal Singh Alagh,
Shiney Sukhbir.

Refer to Xtranet Technologies drhp for further details.

IPO Details

ipo date: 23 July – 27 July 2026

Minimum Amount: ₹13,970

Minimum Bid: 110 Shares

Face Value: INR 10 per share

Listing On: NSE, BSE

Financial

Book Running Lead Manager

Share India Capital Services

CONCLUSION

Considering financial performance and the nature of the business, FinBlab recommends ‘SUBSCRIBE‘ ratings (keeping a long-term view in mind) on Xtranet Technologies IPO.

Do come back to learn more about “upcoming IPOs”.

Disclaimer: This article is purely for informational purposes.

The post Xtranet Technologies IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

Lohia Corp IPO Review

Vishal Dalwadi — Tue, 21 Jul 2026 10:09:14 +0000

Lohia Corp Limited, a company that leads machinery solutions for the plastic woven fabric industry, plans to raise ₹1,102 crore through an IPO.

[Fresh Issue NIL + OFS ₹1102 Cr]

Lohia Corp ipo price: ₹404–₹425 per share.

Lohia Corp: History

The Company was originally incorporated as Kanpur Packaging Machines Limited, a company limited by shares, under the Companies Act, pursuant to a certificate of incorporation issued by the RoC on June 5, 2023.

Pursuant to the Scheme of Arrangement, the Company’s name was changed from Kanpur Packaging Machines Limited to Lohia Corp Limited, and a certificate of incorporation was issued by the RoC on June 6, 2024.

Lohia Corp: Business

According to the F&S Report, Lohia Corp Limited is among the leading global manufacturers of machinery and equipment for technical textiles (in terms of revenue in 2024), with a strong focus on solutions for producing polypropylene and high-density polyethylene woven fabric, and sacks.

The Company manufactures a comprehensive and diverse suite of machinery such as –

Circular loom,

Coating and lamination lines,

Conversion machines,

Printing machines,

Tape extrusion lines,

Multifilament yarn machines,

Twister winders,

Monofilament extrusion lines, and

Recycling machines (as well as spare parts).

Lohia Corp provides end-to-end solutions for the entire ecosystem of woven fabric, offering services from concept to commissioning, throughout the complete production lifecycle required for the Raffia industry.

It also manufactures winders and rewinders for high performance fibres and has also ventured into extrusion lines to produce technical monofilaments with diversified applications such as textiles, agriculture, and sports.

The company has sold over 2,447 tape extrusion lines, 5,02,940 tape winders, and 1,01,452 circular looms, supporting an installed extrusion capacity of 8.59 million MT globally.

Dominant Position

In 2024, the company ranked among the top global players by revenue, with a 15.4 percent share of the global woven Raffia machinery market by value. (Source: F&S Report).

It is a market leader in the domestic woven Raffia machines market, with a dominant market share of 40.7 percent by value in FY 25, according to the F&S Report.

Manufacturing Facilities

Lohia Corp Ltd operates six manufacturing facilities across India, the United States, and Italy, with an annual installed capacity of 240 tape extrusion lines, 13,800 circular looms, and 108,000 tape winders.

Strategies Ahead

Expand footprint in international markets.
Strengthen global market share by leveraging existing overseas presence.
Strengthen capabilities in the conversion and processing machines segment of the Raffia industry.
Strengthen position in the high-performance fibres and monofilament segment.
Focus on recycling machinery and equipment to advance sustainability initiatives.
Focus on improving operational efficiencies.
Augment scale of operations through selective strategic acquisitions and technical alliances.

Company Promoters

Raj Kumar Lohia,
Gaurav Lohia,
Amit Kumar Lohia.

Refer to Lohia Corp DRHP for more information.

IPO Details

ipo date: 23 July – 27 July 2026

Minimum Amount: ₹14,875

Minimum Bid: 35 Shares

Face Value: INR 1 per share

Listing On: NSE, BSE

Financial

Book Running Lead Managers

Equirus Capital

Motilal Oswal Investment Advisors

CONCLUSION

Considering the financial performance and the nature of the business in mind, FinBlab recommends a ‘SUBSCRIBE‘ rating (keeping a long-term view in mind) on Lohia corp ipo.

Do come back to learn more about “upcoming IPOs”.

Disclaimer: This article is purely for informational purposes.

The post Lohia Corp IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

KEC International Limited: Update

Vishal Dalwadi — Wed, 15 Jul 2026 07:31:43 +0000

UPDATE:

Secure Transmission Line Order

KEC International Limited, a global infrastructure EPC company, has secured new orders of INR 1,180 crores across various businesses. Source: BSE.

Civil:

The Company has secured an order for additional civil and structural works for a 150 MW thermal power plant from a prominent private player in Eastern India.

Renewables:

The business has secured an order for a 200+ MW Solar PV project in Western India from an existing client (a renowned private developer).

Transmission & Distribution:

The Company has secured orders for Transmission & Distribution (T&D) projects across India, the Middle East, and the Americas.

400 kV transmission line project in Western India to power a Data Centre
Supply of transmission line towers in the Middle East
Supply of towers, hardware, and poles in the Americas

Cables & Conductors:

The business has secured various orders in India and the overseas market.

Management Speech –

Vimal Kejriwal, MD & CEO, KEC International Ltd., commented,

We are pleased with the new order wins across businesses.

The T&D business has secured its first transmission line order to evacuate power to a Data Centre from a reputed private developer.

This order marks an important milestone for the T&D business in supporting the power infrastructure needs of the growing Data Centre segment.

We have bolstered our Tower Supply business with a significant order from the Middle East.

Our Renewables business continues to strengthen relations with existing clients, as reflected in the award of the large solar project.

With these orders, our YTD order intake stands at over INR 5,200 crores.

3 February 2026

UPDATE:

Secure New Orders

KEC International Limited (an RPG Group Company), a global infrastructure EPC major, has secured a new order worth ₹1,020 Cr across various business segments: Source – BSE

Civil Contract –

The company has secured a prestigious order for “construction of a Multispeciality Hospital” from an established healthcare player in Central India.

Transportation –

The company has secured an order for the “construction of a Railway Siding” for a private player in Central India.

Transmission & Distribution –

220 kV and 132 kV cabling works from a reputed steel producer in Eastern India
Supply of towers, hardware & poles in America

Cables & Conductors –

The business has secured orders for the supply of various types of cables and conductors in India and the overseas market.

Refer to kec international news today for more detailed information.

MD & CEO Speech –

Commenting on securing a new business order, Vimal Kejriwal, MD & CEO of the company, said

We are pleased with the new order wins secured across our business verticals.

Our Civil business has strengthened its presence in the Hospital segment with an order for the construction of a Multispeciality Hospital in Central India. In the Transportation business, the railway siding order from a private player is a key strategic win that widens our order book.

Additionally, our subsidiary, SAE Towers, has secured successive large tower supply orders in the United States, demonstrating continued momentum in the North American T&D market.

With these new order wins, our year-to-date order book stands at ₹20,300 Cr.

KEC International full form is “Kamani Engineering Corporation.”

The market capitalization of the company is ₹16,400 Cr.
The stock is currently trading below its 20, 50, 100, and 200 DEMA.

LAST ARTICLE – Arisinfra share news today

4 October 2022

Update

“Wins New Orders of INR 1,407 Crores”

KEC International Limited, a global infrastructure EPC major, has secured new orders worth of INR 1,407 Cr. Read details –

The business has secured orders for Transmission & Distribution (T&D) projects in Middle East:

400 kV Transmission lines, part of the Kuwait – Saudi Arabia interconnection project
380 kV Transmission line in Saudi Arabia

The business has secured an order for Civil, the construction of official quarters and associated facilities for senior Government officials in India.

The business has secured an order for Railways, Signaling & Telecommunication works of Train Collision Avoidance System (TCAS) under ‘Kavach’ in consortium in India.

The business has secured orders for various types of cables in India and overseas.

MD & CEO Speech –

Mr. Vimal Kejriwal said “we are pleased with the continuous order inflows across businesses. Our YTD order intake now stands at INR 8,400 Cr, with a robust growth of 50 per cent vis-à-vis last year.

The orders in Middle East consolidate our presence in the region and significantly expand our T&D order book, particularly in the international market. The large order in Civil has enhanced our presence in the growing public spaces segment and further diversified our clientele. We are also enthused by the second Railway order in the TCAS segment under ‘Kavach,’ which aims to enhance safety of Indian Railways with world class technology.

These orders along with the orders announced earlier, reaffirm our confidence in achieving the targeted growth going forward.”

21 September 2022

Update

“Secured New Orders Across Various Businesses”

KEC International Limited (RPG Group Company) – a global infrastructure EPC major today in its regulatory filing has said that the company has secured new orders worth of INR 1123 Cr across its various businesses, read details –

Under the Transmission & Distribution (T&D) business, the company has secured orders for building substations in India including:

400 kV Digital GIS Substation order in India from Power Grid Corporation of India Ltd
400 kV GIS Substation order in India from a reputed industrial developer,

Under the Railways business, the firm has secured an order for construction of bridges and associated works for new railway line in the conventional segment in India.

Under the Civil business, the firm has secured an order for infra works in the Hydrocarbon segment in India.

Under the Cables business, the company has secured orders for various types of cables in India and overseas.

MD & CEO Speech –

Mr. Vimal Kejriwal commented, we are pleased with the new order wins, especially the consistent order inflows in Domestic T&D business. These orders along with the orders announced earlier during the year, have significantly enhanced our order book in T&D and diversified our clientele.

We are particularly enthused by the order in Railways, which further consolidates our leadership in the conventional Railway segment. The order in Civil has strengthened our presence in the growing hydrocarbon segment.

With these orders, our YTD order intake has now surpassed INR 7000 Cr, a robust growth of 25 per cent vis-à-vis last year.

The stock ended at INR 438.40 (UP 3.40 per cent) on the National Stock Exchange (NSE) with a volume of 9,78,809 shares.

Also Read: Indian Stock Market Journey from 100 To 60000 Points

14 September 2022

Update

“Orders in Conventional and Emerging Segments”

KEC International Limited (an RPG Group Company) has secured new orders worth of INR 1108 Cr across its various businesses, details are as follows –

Orders for Transmission & Distribution (T&D) and Cabling projects in India, Africa, and Middle East

400 kV “Transmission Line” order from Power Grid Corporation of India Ltd,
132 kV “Underground Cabling” order from a state utility,
220 kV “Transmission Line and Tower Supply” orders in the Middle East, and
330 kV “Transmission Line” order in Africa,

Orders in the technologically enabled and conventional/emerging segments (Railways) in India

Order for Overhead Electrification (OHE) for Metro, Auxiliary power supply, SCADA system and associated works,
Order for Signaling & Telecommunication works of TCAS under ‘Kavach’ in consortium,
Order for doubling of tracks and associated civil works,

The company has secured an order for laying of cross-country Oil & Gas Pipeline and associated works in India.

Must Read: Research and Analysis on Harsha Engineers IPO

MD & CEO Speech –

Commenting on this, Mr. Vimal Kejriwal said, “We are delighted with the new order wins, especially in Railways, which is witnessing a gradual uptick through orders in both conventional and new segments.

The business has secured its maiden order in the prestigious TCAS segment under ‘Kavach,’ which aims to enhance safety of Indian Railways with world class technology.

The orders in T&D have expanded our order book, especially the third order from PGCIL in quick succession.

These orders, along with the orders announced earlier during the year, will significantly contribute towards our growth in the Domestic T&D market. The order in the Oil and Gas Pipelines further enhances the business’ order book.”

KEC International Ltd share price closed at INR 434.30 (UP 1.18%) on the NSE when the market closed with a volume of 23,41,102 shares.

Read This: Can Fin Homes Limited (Value Pick Stock September 2022)

12 September 2022

Update

“Received EPC Contract”

The Directors of Gujarat Industries Power Company Limited (GIPCL), at its board meeting held on 09 September 2022, approved the award of EPC Contract to KEC International Ltd.

In a regulatory filing to the BSE, GIPCL said that the award of EPC contract worth of INR 244.00 Cr for “Pooling Sub-station 400/33 KV, 1200 MW (PSS-1, Phase-1 & Phase-II of 600 MW each) of Solar / Wind / Hybrid RE Park of 2375 MW capacity at Great Rann of Kutch (Gujarat).

Read: Harsha Engineers International IPO

The share of KEC International closed at INR 447.95 (UP 10.55 per cent) on the National Stock Exchange when the market closed with a volume of 45,12,638 shares.

KEC International Limited is currently trading 20% below when compared to its 52-week high of INR 550.

Also Read: Value Pick Stock September 2022 Can Fin Homes Ltd

8 May 2019

KEC International, a subsidiary of the RPG Group has posted its Q4 FY 2019 numbers today after the market hours. The Company has reported a whooping 85% jump in its net profit QoQ basis.

For the quarter ended 31 March 2019, the company’s revenue from operation stood at INR 3569.05 Cr as against INR 3361.90 Cr for the same period last year, registering a 6.16 percent growth YoY basis. The quarter-on-quarter revenue grew by 44.59 percent (INR 2468.46 Cr for the period ended 31 December 2018)

The consolidated revenue of the company grew by 4.88 percent y-o-y basis and 45.13 percent q-o-q basis.

Total expenses of the company rose marginally 5.75 percent YoY.

The Company’s Profit After Tax stood at INR 211.47 Cr for the period ended March 31, 2019 as compare to INR 179.36 Cr same period last year, registering 17.90% growth year-on-year basis.

Company’s Net Profit for the quarter ended 31 December 2018 stood at INR 114.54 Cr.

The board of directors have recommended a Dividend of INR 2.70 per share i.e. 135% of face value of Rs. 2/- each fully paid up, for the financial year ended March 31, 2019.

Read: 7 Equity Investing Mistakes to avoid

About KEC International

KEC International Limited is India’s 2nd largest manufacturer of electric power transmission towers and one of the largest Power Transmission Engineering, Procurement & Construction (EPC) companies in the world.

History: Incorporated in the year 2005, KEC International Limited (the flagship company of RPG Group) is a global EPC major. The Company has presence in the verticals of Power Transmission & Distribution, Cables, Civil, Railways, Smart Infrastructure and Solar.

Stock Price Movement

The stock ended nearly 0.20% or 65 paise lower to INR 294.65 on NSE when the market closed on Wednesday! During the quarter ended 31st March 2019, the share prices of KEC International has made a low of INR 233 and high of INR 314

Important: Mutual Funds Investing: 4 Tips Can Make You Millionaire

KEC International on Technical Charts

KEC International share price is trading marginally above when compared to its 200 EMA (293) and trading 2 percent above its 50 EMA (287)

Average Return

The stock has given 4.27% positive returns over the past 6 months and delivered 28.88% negative returns over the last 12 months.

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KEC International current market cap is more than INR 7500 Cr and trading at a PE ratio of 15.35

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Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

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