[Fresh Issue ₹850 Cr + OFS ₹76 Cr]

Onemi technology solutions ipo price is ₹162 – ₹171 per share.

OnEMI Technology Solutions: History

The Company was originally incorporated as OnEMI Technology Solutions Private Limited, a private limited company under the Companies Act, 2013, on June 18, 2016.

The Company was then converted into a public limited company on June 17, 2025, under a special resolution passed by the shareholders.

Its name was subsequently changed to OnEMI Technology Solutions Limited, and a fresh certificate of incorporation was issued by the RoC on July 8, 2025.

OnEMI Technology Solutions: Business

OnEMI Technology Solutions Ltd (Kissht) is a technology-enabled lender in India, primarily offering digital loans (personal loans, loan against property, and MSME loans) through a mobile application.

The Company provides swift, accessible, and personalized credit solutions to support clients throughout their financial journeys.

OnEMI primarily focused on young individuals in the mass market segment, representing India’s emerging middle class and characterized as aspirational, digitally connected, and underpenetrated in credit access.

Si Creva Capital Services (OnEMI’s NBFC partner) handles loan disbursement, KYC, and EMI collections.

Silent features of the company’s business –

• Diversified client sourcing channels
• Advanced risk management system
• Scalable technology platform integrated across functions
• Balanced liability profile
• Delivering consistent growth and profitability
• Experienced leadership backed by marquee investors

As of March 31, 2025, the company had 53.23 million registered users and served 9.16 million clients.

Kissht is supported by a strong brand franchise reflected in a Play Store rating of 4.6 stars and a net promoter score of 91.

Strategies Ahead

Deepen relationships with existing clients and acquire new high-quality customers.

Improve credit models to drive profitability.

Be at the forefront of technology by leveraging ML, generative AI, and other emerging tools.

Deliver superior profitability by leveraging the lower cost of funds and operating leverage.

Build a comprehensive financial services platform through product expansion.

Company Promoters

1. Ranvir Singh,
2. Krishnan Vishwanathan.

Refer to OnEMI Technology Solutions DRHP for more information.

IPO Details

ipo date: 30 Apr – 5 May 2026

Minimum Amount: ₹14,877

Minimum Bid: 87 Shares

Face Value: INR 1 per share

Listing On: NSE, BSE

Object of the IPO

1) Augmenting the capital base of Subsidiary (Si Creva Capital) to meet its future capital requirements arising out of the growth of Subsidiary.

2) General Corporate Purposes.

Financial

Book Running Lead Managers

Centrum Capital, HSBC  Securities and  Capital  Markets, JM Financial, Nuvama Wealth Management, and SBI Capital Markets.

CONCLUSION

Considering the nature of the business, financial performance, and the above-listed factors in mind, FinBlab recommends ‘MAY SUBSCRIBE‘ ratings on OnEMI Technology Solutions IPO.

IPO FAQs

What is the ONEMI TECHNOLOGY SOLUTIONS Pvt Ltd office address?

10th Floor, Tower 4, Equinox Park, LBS Marg, Kurla (West), Mumbai, Maharashtra, 400070.

What is Onemi_technology_solutions customer care number?

+91 22 6947 5600

What is Onemi_technology_solutions ipo listing date?

IPO will list on the NSE and BSE with a tentative listing date fixed as May 8, 2026.

Who are OnEMI_TECHNOLOGY_SOLUTIONS pvt ltd owner?

Ranvir Singh and Krishnan Vishwanathan.

Do come back to know 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 OnEMI Technology Solutions IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

Signs OEM Deal With NEC XON Systems

Pace Digitek Ltd, a multi-disciplinary solutions provider for the telecom passive infrastructure industry in the country, on Thursday, April 23, 2026, said that,

The Company has entered into an Original Equipment Manufacturer (OEM) Exclusivity Agreement with NEC XON Systems Proprietary Limited (NEC XON), an international entity. Source: BSE

According to the exchange data, the deal grants exclusive rights to market, distribute, and sell the company’s products, including Battery Energy Storage Systems (BESS) and other related energy solutions, across the defined territories of South Africa, Botswana, Mozambique, Namibia, and Mauritius.

Details of consideration paid and received are in accordance with the commercial terms of the Original Equipment Manufacturer Exclusivity Agreement, a company spokesperson added.

The agreement (deal) does not fall within the related party transactions.

The stock ended at INR 173 (down 1.75%) on April 24 from previous close.

24 February 2026

Pace Digitek Update

“Secures Order from RIL”

Pace Digitek Limited, a company that provides solutions for telecom infra and solar industries, today, in its exchange filing, said that

Lineage Power Pvt Ltd, the material subsidiary of the company (Pace Digitek Ltd), has secured a major order from Reliance Industries Limited (RIL) for the supply of high-capacity lithium-ion battery packs. Source – BSE

Order Details

The management stated that, under the agreement, Lineage Power will manufacture and supply 50,000 units of 48V 15S1P 314AH Lithium-Ion battery packs.

These industrial-grade power systems are specifically designed for backup support for telecom loads.

LAST CONTENT – Omnitech Engineering IPO Review

Order Size

The total value of the purchase order is ₹158.71 crore (One hundred fifty-eight crore seventy-one lakh rupees only) (inclusive of GST).

Duration

The delivery of the newly received order is expected to be completed by August 31, 2026, the company spokesperson added.

ALSO READ – PNGS Reva Diamond Jewellery IPO Review

Total Order Book

With this order, the consolidated order book of Pace Digitek Limited stands at ₹10,490 Cr, comprising Telecom, ICT infrastructure, and Energy segments.

Management Speech –

Commenting on the development, Chairman & MD, Mr. Venugopal Rao Maddisetty said,

This order from Reliance Industries Limited reinforces our position as a trusted provider of critical energy infrastructure in India and supports our strategy of increasing product-led revenues alongside EPC and annuity-linked infrastructure projects.

As large-scale deployments gain momentum, we remain focused on disciplined execution, maintaining high-quality standards, and scaling manufacturing capacity in line with order visibility.

Refer to Pace digitek news today for further details.

• The company’s market capitalization is ₹3,935 Cr.
• The stock is currently trading above its 20-day Simple Moving Average (SMA).

Also Read –

Shree Ram Twistex IPO Review

Clean Max Enviro Energy IPO Review

27 September 2025

Pace Digitek Limited, a multi-disciplinary solutions provider for the telecom passive infrastructure industry in India, is planning to raise ₹819 Crore through an IPO.

[Fresh Issue ₹819 Cr + OFS NIL]

Pace digitek ipo price is ₹208 – ₹219 per share

Pace Digitek: History

The Company was originally incorporated as Pace Power Systems Private Limited, a private limited company under the Companies Act, 1956, at Bengaluru, India, on March 1, 2007.

The Company was then converted into a public limited company under a special resolution passed by the shareholders on October 16, 2024, and its name was changed to Pace Digitek Limited under a fresh certificate of incorporation issued by the RoC on November 19, 2024.

LAST ARTICLE – TruAlt Bioenergy IPO review

Pace Digitek: Business

Pace Digitek Ltd. is an experienced, multidisciplinary solutions provider with a strong presence in –

• Telecom Passive Infrastructure (Passive Infra) sector,
• ICT Services (Information and Communications Technology), and
• Energy Solutions.

The Company has commenced operations as a passive electrical equipment product manufacturer and, over the years, has expanded its scope to include passive infrastructure operations, products, projects, operations & maintenance (O&M), and integrated solutions.

The Company has also forayed (through its subsidiary company – Lineage), into manufacturing battery energy storage systems (BESS), which are systems that utilize batteries to capture, store, and distribute electrical energy.

It also undertakes turnkey projects for the renewable energy sector (through a subsidiary company – Pace Renewable Energies Private Limited).

Manufacturing Facilities

The company operates three manufacturing facilities in Bengaluru, Karnataka, India – Collectively, these facilities span 200,000 sq. ft.

Order Book

As of September 30, 2024, the Company maintains a robust order book of ₹6,342 crore, with 100% public sector contracts.

ALSO READ – Jinkushal Industries IPO Review

Employee Strength

As of February 28, 2025, the company had 1,296 permanent employees, out of which 18 were part of the core research and development (R&D) team.

Strategies Ahead

• Foray into manufacturing battery energy storage system (BESS)
• Deepen existing products and services offerings.
• Expand geographical reach

Company Promoters

1. Maddisetty Venugopal Rao,
2. Padma Venugopal Maddisetty,
3. Rajiv Maddisetty,
4. Lahari Maddisetty

Refer to Pace Digitek DRHP for detailed information.

IPO Details

Pace Digitek IPO date = 26 to 30 September 2025

Minimum Amount = ₹14,892

Minimum Bid = 68 Shares

Face Value (FV) = ₹2

Listing On = NSE, BSE

Book Running Lead Manager

Unistone Capital

Financials

CONCLUSION

FinBlab recommends ‘SUBSCRIBE‘ ratings on Pace Digitek IPO (keeping a long-term view in mind)

Do come back to know more about “upcoming ipos“

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 Pace Digitek IPO – Review, Update appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

Mangal Electrical Industries Limited, a company that manufactures transformers and customised products in the power infrastructure industry, on 17 April, said that,

The Company has received the renewal of the Power Grid Corporation of India Limited (PGCIL) 765 kV-class approval. Source: BSE.

Details

According to the exchange data, Mangal Electrical (the company) has successfully received the renewal accreditation for the manufacturer approval validity extension from the Power Grid Corporation of India Limited, a Government of India Enterprise.

The renewal contract is for the Prime CRGO Coils Slitting and Laminations Cutting for Transformers & Reactors up to 765 kV class for POWERGRID projects.

This reaffirms the strong position of Mangal Electrical Industries Limited (MEIL) in the large power transformer segment, a company spokesperson added.

Mangal Electrical Received Renewal Accreditation From PGCIL

Validity

The licence (contract) is valid up to April 22, 2029.

Exchange Compliance

The Company has filed these details in accordance with Regulation 30 SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Company came up with an IPO in August 2025 and raised INR 400 crore.

Refer to Mangal Electrical news for further details.

Market Cap: The company’s market capitalization is ₹840 crore.

Technical: The stock is currently trading above its 20-day and 50-day simple moving average but below its 100-day SMAs.

Price Performance: On a year-to-date basis, Mangal Electrical’s share is down 18.50% and down by 10.15% over the last three-month period. However, the company’s shares are trading 31.50% higher over the last one-month period.

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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 Mangal Electrical Received Renewal Accreditation From PGCIL appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

Om Power Transmission Limited, a power transmission EPC company in India, made a decent start on the bourses on Friday, 17 April 2026.

A reasonable listing was expected, as the company’s ₹150 Crore IPO received a 3.33 times subscription (according to the National Stock Exchange data) during March 9-13.

The shares of Om Power Transmission were listed at INR 186 apiece on the National Stock Exchange (NSE), a premium of 6.30% compared to the IPO price band of INR 166 – INR 175.

On the Bombay Stock Exchange (BSE), the company’s shares were listed at INR 181.10 per share, representing a premium of 3.50%.

The Stock made an intra-day high of INR 195.30 and a low of INR 186 before closing at ₹193.40 (up 10.50%) on the NSE at the market’s close.

In terms of volumes, OMPOWER traded with 2,366,480 shares on the NSE.

Finblab.com view (at the time of IPO)

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9 April 2026

Om Power Transmission Limited, a power transmission infrastructure EPC company in India, plans to raise ₹150 crores through an IPO.

[Fresh Issue ₹133 Cr + OFS ₹17 Cr]

Om Power Transmission share price is ₹166 to ₹175 per share.

Om Power Transmission: History

The Company was originally incorporated as Om Power Transmission Private Limited, a private limited company under the Companies Act, 1956, on June 29, 2011.

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

Its name was subsequently changed to Om Power Transmission Limited, and a fresh certificate of incorporation was issued by the RoC on September 15, 2025.

Om Power Transmission: Business

Om Power Transmission Ltd is a power transmission infrastructure Engineering, Procurement, and Construction (EPC) company in the country with more than 14 years of experience.

The Company’s expertise lies in the execution of high-voltage (HV) and extra-high-voltage (EHV) transmission lines, substations, and underground cabling projects, all delivered on a turnkey basis.

The projects encompass design, engineering, supply, erection, installation, testing, commissioning, and comprehensive operation and maintenance (O&M) services.

The Company’s business verticals (services) are classified as below –

1. Transmission Line EPC Projects
2. Underground Cable Projects
3. Substation EPC Projects
4. Operation and Maintenance Services

Total Transmission Lines

Since the commencement of its operations in 2011 in the State of Gujarat, India, Om_Power has commissioned (1) transmission lines, (2) substations, and (3) underground cables, covering in aggregate over 1,000 circuit kilometers (CKM) of transmission lines and 11 substations, respectively.

Order Book

As of December 31, 2025, the company’s unexecuted Order Book comprised 58 projects, totaling INR 74,460.27 lakhs, including 7 O&M contracts and 51 EPC projects.

Client List

The Company’s client base comprises public sector undertakings and private clients. Major clients include –

• Power Utilities & Grid Operators,
• Industrial & Corporate Users,
• Renewable Energy Developers & Solar Park Operators,
• Transportation & Infrastructure Projects, and
• Operation & Maintenance.

ALSO READ: GST collections March 2026

Certification

The Company is certified under –

ISO 9001:2015 (Quality Management),

ISO 45001:2018 (Occupational Health & Safety Management),

ISO 14001:2015 (Environmental Management), and

AA Class certification from GETCO.

Strategies Ahead

Strengthen company presence by expanding geographical footprint.

Focus on increasing operational efficiency and cost management.

Capitalizing on power transmission and distribution demand by bidding for large-scale and high-value projects across India.

Company Promoters

1. Kalpesh Dhanjibhai Patel,
2. Kanubhai Patel,
3. Vasantkumar Narayanbhai Patel.

Refer to Om Power Transmission DRHP for more information.

IPO Details

ipo date: 9 – 13 April 2026

Minimum Amount: ₹14,875

Minimum Bid: 85 Shares

Face Value: INR 10 per share

Listing On: NSE, BSE

Object of the IPO

1) Funding of capital expenditure requirements towards the purchase of machinery and equipment

2) Pre-payment (re-payment), in part or in full, of certain outstanding borrowings,

3) Funding long-term working capital requirements, and

4) General Corporate Purposes.

Finaicial

Book Running Lead Manager

Beeline Capital Advisors

CONCLUSION

Considering the nature of the business, financial performance, and the above-listed factors in mind, FinBlab recommends ‘MAY SUBSCRIBE‘ ratings on Om Power Transmission IPO.

Do check the list of “upcoming ipos“

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 Om Power Transmission IPO Review, Update appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

Subsidiary company signed a Lease Agreement for Renewable Energy Manufacturing

Saatvik Green Energy Limited, one of India’s leading solar PV module manufacturers, on March 25, 2026, said that,

Saatvik Solar Industries Private Limited, a material subsidiary of the Company, has entered into a Lease Agreement with M P Industrial Development Corporation Limited (“Lessor”). Source: BSE

The lease agreement is for 185 acres of land (approximately 748,668 sq. m.) in the Manufacturing Zone for Power and Renewable Energy Equipment, bearing the address Plot No. 5, Industrial Area, Mohasa–Babai, Phase 2, Tehsil Makhan Nagar, District Narmadapuram, Madhya Pradesh, India.

Saatvik Green Energy has entered into an agreement to support future capacity expansion and operational synergies with the company’s existing facility, thereby strengthening its long-term growth strategy, a company spokesperson added.

Size of Agreement: Saatvik Solar Industries Private Limited (“Lessee”) will pay INR 11.17 Crores (excluding other applicable charges and duties) under the agreement.

Tenure: The tenure of the lease agreement is 99 (Ninety Nine) years.

Refer to saatvik green energy news for further details.

ALSO READ: Happy Forgings Limited (Value Pick Stock March 2026)

18 September 2025

Saatvik Green Energy Limited, one of the fastest-growing module manufacturing companies in India, plans to raise ₹900 Crore through an IPO.

[Fresh Issue ₹700 Cr + OFS ₹200 Cr]

Saatvik green energy ipo price is ₹442 – ₹465 per share

Saatvik Green Energy: History

The Company was originally incorporated as Saatvik Green Energy Private Limited, a private limited company under the provisions of the Companies Act, 2013, on May 29, 2015.

The Company was converted into a public limited company under a special resolution passed by the shareholders on September 21, 2024, and its name was changed to Saatvik Green Energy Limited under a fresh certificate of incorporation issued by the RoC on October 3, 2024.

LAST ARTICLE – Ivalue infosolutions ipo review

Saatvik Green Energy: Business

Saatvik Green Energy Ltd. is a major player in the Indian solar energy sector and one of the fastest-growing module manufacturing companies in the country.

The Company has an operational capacity of approximately 3.80 gigawatts (GW) of modules, making it one of the top module producers in India for solar photovoltaic (PV) modules as of February 28, 2025.

According to the CRISIL Report, the company is regarded as one of the few in India that can manufacture modules in addition to engineering, procurement, and construction (with a 69.12 MW installed EPC base as of FY 2024).

Since its inception, the company has supplied more than 2 GW of high-efficiency solar PV modules both locally and abroad.

Portfolio

The Company’s solar energy products portfolio includes –

1. Monocrystalline passive emitter and rear cell “Mono PERC” modules,
2. N-TopCon solar modules,

Both types of company products are suitable for various applications, including commercial, residential, and utility-scale solar projects.

Completed Projects

A prominent EPC service provider, Saatvik Energy, installed 69.12 MW in Fiscal 2025 and completed major projects such as a 61.42 MW floating plant in Telangana and rooftop installations for Jindal Steel Limited.

Its domestic order book stood at 4.01 GW as of 31 March 2025.

ALSO READ – VMS TMT IPO Review

Diversified Client

The Company possesses one of the most diversified client bases in the industry, with presence in various segments, namely

• Large Utility,
• Commercial & Industrial,
• Open Access,
• Residential Rooftop, And
• Solar Pump.

Some of the important clients of the company are –

• Shree Cement Limited, SJVN Green Energy Limited, Prozeal Green Energy Limited, JSW Neo Energy Limited, and Megha Engineering & Infrastructure Limited.

Strategies Ahead

• Backward Integration into Cell Manufacturing
• Maintain position in the Solar Industry in the country.
• Focus on growing share of export sales and EPC services internationally.
• Expanding customer base in India and internationally
• Continue to develop and reinforce technology to manufacture quality modules.
• Expand the distribution network across India and create a retail brand for solar panels

Company Promoters

1. Neelesh Garg,
2. Manik Garg,
3. Manavika Garg,
4. SPG Trust

Refer to Saatvik Green Energy DRHP for detailed information.

IPO Details

Saatvik green energy ipo date = 19 to 23 September ‘25

Minimum Amount = ₹14,880

Minimum Bid = 32 Shares

Face Value (FV) = ₹2

Listing On = NSE, BSE

Book Running Lead Managers

DAM Capital Advisors

Ambit Private Limited

Motilal Oswal Investment Advisors

Financials

CONCLUSION

FinBlab recommends ‘SUBSCRIBE‘ ratings on Saatvik Green Energy IPO (keeping a long-term view in mind)

Do come back to know more about “upcoming ipos“

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 Saatvik Green Energy IPO – Review, Update appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

GSP Crop Science Limited, a company specializing in the development & manufacturing of fungicides, herbicides, insecticides, and plant growth regulators in India, made a fine listing on Tuesday, March 24, 2026.

A reasonable listing was expected, as the company’s ₹400 Crore IPO received a 1.61 times subscription (according to the National Stock Exchange data) during March 16-18.

The shares of GSP Crop Science were listed at ₹328 apiece on the NSE, a premium of 2.5 percent, against the IPO price band of ₹304 – ₹320.

On the Bombay Stock Exchange, the company’s shares were listed at ₹332.30 per share, representing a premium of 3.85 percent.

The Stock made an intra-day high of ₹364 and a low of ₹328 before closing at ₹356.25 (up 11.3 percent) on the NSE at the market’s close.

In terms of volumes, GSP_Crop_Science traded with 8,598,096 shares on the NSE.

Finblab.com view (at the time of IPO)

Do come back to know more about “upcoming ipos“

Disclaimer: The contents and data presented here are just for your information & personal use only. 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.

13 March 2026

GSP Crop Science Limited, a research-driven agrochemical company in India, plans to raise ₹400 crore through an initial public offering.

[Fresh Issue ₹240 Cr + OFS ₹160 Cr]

Gsp crop science ipo price is ₹304 – ₹320 per share

GSP Crop Science: History

The Company was originally incorporated as Gujarat Superphosphate Industries Private Limited, a private limited company under the Companies Act, 1956, on February 12, 1985.

The Company was then converted into a public limited company under a special resolution passed in the EGM by the shareholders on October 7, 2024.

Its name was subsequently changed to GSP Crop Science Limited under a fresh certificate of incorporation issued by the RoC on November 6, 2024.

GSP Crop Science: Business

GSP Crop Science Ltd is a research-driven agrochemical company, specializing in the development and manufacturing of insecticides, fungicides, herbicides, and plant growth regulators (PGRs) in India.

Find the Gsp crop Science product list.

The Company mainly provides crop protection solutions to its clients.

These solutions are designed to support farmers in maximizing productivity and achieving optimal agricultural output through the development, manufacturing, supply, and distribution of

1. Formulations, and
2. Technicals.

According to the ICRA Report, GSP has a proven track record of introducing Formulations and Technicals to the Indian agrochemicals market.

As of December 31, 2025, GSP Crop has an annual aggregated installed capacity of 43,672 MTPA for Formulations and 15,120 MTPA for Technicals.

Patents

The company’s constant research and development (R&D) efforts over the last 39 years have led to the grant of 102 patents.

It also has 108 patent applications under process as of the date of this Draft Red Herring Prospectus.

Manufacturing Facilities

As of September 30, 2025, the company has four manufacturing facilities located at,

1. Odhav (Ahmedabad, Gujarat),
2. Kathwada (Ahmedabad, Gujarat),
3. Nandesari (Vadodara, Gujarat), and
4. Samba (UT of Jammu & Kashmir).

Client List

GSP has adopted a multi-faceted approach by establishing a presence in both international and domestic markets.

For the International Business, the company catered to clients in 39 countries, including those in the Asia Pacific (excluding India), Latin America, North America, and other geographies.

For the Domestic Business, the company caters to Bharat Rasayan Limited, Dharmaj Crop Guard Limited, Indogulf Cropsciences Limited, SML Limited, Willowood Chemicals Limited, and Agrico Organics Limited.

ALSO READ – Happy Forgings Limited (Value Pick Stock March 2026)

Strategies Ahead

• Expand product offerings by leveraging R&D capabilities.
• Expand into international markets and capitalize on the growing agrochemical industry.
• Diversify client base and increase wallet share with existing customers.
• Optimization of manufacturing capabilities through backward integration.
• Focus on improving operational efficiencies.
• Reduction of leverage and borrowings.

Company Promoters

1. Bhavesh Vrajmohan Shah,
2. Tirth Kenal Shah,
3. Vilasben Vrajmohan Shah,
4. Falguni Kenal Shah,
5. Alpha Trust,
6. Kappa Trust.

Refer to the GSP Crop Science DRHP for further details.

IPO Details

IPO date: 16 – 18 March 2026

Minimum Amount: ₹14,720

Minimum Bid: 46 Shares

Face Value: ₹10

Listing On: NSE, BSE

Object of the IPO

(1) Full (part) repayment of outstanding secured borrowings, and

(2) General corporate purposes.

Financial

Book Running Lead Managers

Equirus Capital
Motilal Oswal Investment Advisors

CONCLUSION

Considering financial performance, nature of the business, and the above-listed  factors in mind, FinBlab recommends ‘MAY SUBSCRIBE‘ ratings on GSP Crop Science IPO.

Do check the list of “upcoming ipos“

Disclaimer: The contents and data presented here are just for your information & personal use only. 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 GSP Crop Science IPO Review, Update appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

[Fresh Issue ₹700 Cr + OFS ₹400 Cr]

Powerica ipo price is ₹375 to ₹395 per share.

Powerica: History

The Company was originally incorporated as Consolidated Power Systems Private Limited, a private limited company under the Companies Act, 1956, on May 4, 1984.

The Company was then converted into a public limited company on June 15, 1988, under a special resolution passed by the shareholders.

Its name was subsequently changed to Powerica Limited, and a fresh certificate of incorporation was issued by the Registrar of Companies on October 5, 1989.

Powerica: Business

Powerica Ltd is an integrated power solutions provider in the country, specializing in DG sets (diesel generator sets), for both primary and standby applications.

Later, the company expanded its generator portfolio to include MSLG (medium-speed large generators) in 1996.

Combining DG sets and MSLG, Powerica offers a comprehensive range of generator sets with capacities ranging from 7.5 kVA to 10,000 kVA, designed to meet the diverse requirements of various applications and industries.

The Company’s business operations are primarily divided into 3 divisions –

Generator Set Business Division: Diesel Generator sets (DG sets) powered by Cummins engines, Medium Speed Large Generators (MSLG) in association with Hyundai, and Allied Business

Wind Power Business Division

Retrofit Emission Control Devices (RECD) Division

Manufacturing Facilities

The company operates three (3) manufacturing facilities in Bengaluru, Khopoli, and Silvassa.

Strategies Ahead

Capitalize on the continued demand for Generator Sets,

Develop Wind Power Business,

Diversify into wind and solar hybrid projects,

Develop allied businesses and the RECD business through associates,

Develop and strengthen alliances to improve position in India,

Evaluate expansion opportunities.

Company Promoters

1. Naresh Chander Oberoi & Naresh Oberoi Family Trust,
2. Bharat Oberoi & Bharat Oberoi Family Trust,
3. Renu Naresh Oberoi,
4. Jai Ram Oberoi,
5. Kabir and Kimaya Family Private Trust.

Refer to Powerica RHP for more details.

IPO Details

Powerica ipo date: 24 – 27 March 2026

Minimum Amount: ₹14,615

Minimum Bid: 37 Shares

Face Value: ₹5

Listing On: NSE, BSE

Object of the IPO

1) Prepayment (repayment) of outstanding borrowings availed by the Company

2) General corporate purposes.

Financial

Book Running Lead Managers

ICICI Securities,

IIFL Securities,

Nuvama Wealth Management.

CONCLUSION

Considering financial performance, nature of the business, and the above-listed  factors in mind, FinBlab recommends ‘MAY SUBSCRIBE‘ ratings on Powerica Limited IPO.

Do check the list of “upcoming ipos“

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 Powerica IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

[Fresh Issue ₹285 Cr + OFS ₹124 Cr]

Sai parenterals ipo price is ₹372 to ₹392 per share.

Sai Parenterals: History

The Company was initially incorporated as Sai Parenteral’s Private Limited, a private limited company under the Companies Act, 1956, on January 12, 2001.

The Company was then converted into a public limited company, on January 5, 2022, under a special resolution passed by the shareholders.

Its name was subsequently changed to Sai Parenterals Limited, and a fresh certificate of incorporation was issued by the RoC on January 17, 2022.

Sai Parenterals: Business

Sai Parenterals Limited is a diversified pharmaceutical formulations company in the country with capabilities in research, development, and manufacturing.

The company’s business can be broadly classified into two segments –

1. Branded Generic Formulations: These are pharmaceutical products that are produced and sold by a company under its own brand name, typically after the original patent has expired.
2. Contract Development and Manufacturing Organisation (CDMO): This business involves designing and developing new pharmaceutical products, which require product approvals and international regulatory filings to sell a drug (medicine) and commercial manufacturing.

The company’s product portfolio includes antibiotics, anti-diabetics, analgesics, cardiovascular, gastroenterology, minerals and supplements, neuropsychiatry, respiratory health, vitamins, and dermatology (in dosage forms such as capsules, injectables, liquid orals, tablets, and ointments).

Sai parenterals exports its products to the Regulated and Semi-Regulated Markets of Africa, Australia, the Middle East, New Zealand, and Southeast Asia through distributors.

Manufacturing Facilities

As of this DRHP, the company owns and operates five (5) manufacturing facilities in India.

These manufacturing facilities are spread across an area of 1,14,540 sq. ft. and have a combined installed capacity of 1,160 million units per annum on a single-shift basis.

Strategies Ahead

Expansion into the global injectable formulations market.

Capitalise on the CDMO opportunity by leveraging manufacturing capabilities.

Grow the Branded Generic Formulations business in the international markets.

Expand capabilities through strategic acquisitions.

Strengthening presence in Regulated Markets through Noumed’s upcoming manufacturing facility in Australia.

Focus on developing new products to drive future growth,

Company Promoters

Anil Kumar Karusala,

Vijitha Gorrepati,

Karusala Aruna.

Refer to Sai parenterals limited drhp for further details.

IPO Details

Sai Parenterals IPO date: 24 – 27 March 2026

Minimum Amount: ₹14,896

Minimum Bid: 38 Shares

Face Value: ₹5

Listing On: NSE, BSE

Objectives of the IPO

1) Capacity expansion and upgradation of manufacturing facilities

2) Establishment of a new R&D Centre

3) Funding the working capital requirements of the Company

4) Repayment (prepayment) of outstanding borrowings

5) Repayment of bridge loan and term loan (for Sai Parenterals Pte Limited, Singapore (wholly owned subsidiary),

6) General corporate purposes.

Financial

Book Running Lead Manager

Arihant Capital Markets

CONCLUSION

Considering financial performance, nature of the business, and the above-listed  factors in mind, FinBlab recommends ‘NEUTRAL‘ ratings (for the time-being) on Sai Parenterals IPO.

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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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Shares of Urban Company Limited were up more than 10% on March 18, 2026, after news came in that SBI Mutual Fund had bought an additional 4 percent stake in the company.

As of December 31, 2025, SBI MF already held a 1.89 percent stake in Urban Company.

According to the NSE block deal data, SBI Mutual Fund (the largest mutual fund house in India by Assets Under Management), has bought an additional 3.5 crore equity shares at ₹109.85 apiece, and 2.2 crore shares at ₹109.83 apiece in Urban Company, totalling to 3.98 percent stake amounting to ₹632.2 crores.

However, ABG Capital and DF International Partners II LLC exited the company via a block deal on March 17.

24 January 2026

Update:

Q3 FY26 Numbers

Urban Company Ltd, India’s leading home services platform, has announced its financial results for the quarter ended December 31, 2025 (Q3 FY26) later today.

The company delivered broad-based growth for the quarter ended December 31, 2025, with Net Transaction Value (NTV) up 36 percent Year-over-Year (YoY) (excluding KSA) to ₹1,081 Cr and revenue from operations up 42 percent YoY to ₹383 Cr.

India Consumer Services (Ex InstaHelp) grew 21 percent Y-o-Y in Net Transaction Value and improved Adjusted EBITDA margins to 5.6 percent of NTV (as compared to 4.4 percent in Q3 FY25).

The management of the company stated that, this growth & margin expansion was driven by,

(1) strong new user growth,

(2) steady revenue retention, and

(3) healthy growth in core categories during the festive season.

Native and International (Singapore and UAE) also delivered strong growth with improving margins sequentially.

However, at a consolidated level, the company reported an Adjusted EBITDA loss of ₹17 Cr, driven by ongoing investments in InstaHelp, which scaled rapidly during the quarter but incurred an Adjusted EBITDA loss of ₹61 Cr. Excluding InstaHelp, the core business delivered an Adjusted EBITDA profit of ₹44 Cr.

The management further clarifies that we expect consolidated Adjusted EBITDA losses to persist in the near future as investments in InstaHelp continue, while the core business remains profitable.

Refer to Urban company latest news today for detailed information.

The Stock made an intraday high of ₹130.85 and a low of ₹123.05 before ending at ₹124.85 (down 3.75%) on the NSE.

LAST ARTICLE – HDB Financial Services IPO Review

7 September 2025

Urban Company Limited, a technology-driven company offering online services in the home and beauty categories, plans to raise ₹ 1,900 crore through an IPO.

[OFS ₹ 1,428 Cr + Fresh Issue ₹ 472 Cr]

Urban Company share price is ₹ 98 – ₹ 103 per share

Urban Company: History

The Company was originally incorporated as UrbanClap Technologies India Private Limited, a private limited company under the Companies Act, 2013, at New Delhi, India, on December 22, 2014.

The Company was converted into a public limited company under a special resolution approved by the shareholders on March 18, 2025, and its name was changed to Urban Company Limited under a fresh certificate of incorporation issued by the Registrar of Companies on April 02, 2025.

LAST ARTICLE – Shringar House of Mangalsutra IPO Review

Urban Company: Business

Urban Company Ltd. operates a technology-driven, full-stack online services marketplace for quality-driven services and solutions across home and beauty categories.

Services

Under the Company’s platform, consumers can easily order services, including –

• Cleaning,
• Carpentry,
• Appliance Servicing and Repair,
• Electrician,
• Hair Grooming and Massage Therapy
• Pest Control,
• Plumbing,
• Painting, and
• Skincare

These services are delivered by independent and trained service professionals at the consumers’ convenience.

In FY 2023-24, the company expanded into home solutions with the launch of electronic door locks and water purifier services under the brand name ‘Native’.

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Market Presence

As of December 31, 2024, the company operates in 59 cities across India, Singapore, the United Arab Emirates (UAE), and the Kingdom of Saudi Arabia (KSA).

Strategies Ahead

• Grow consumer base
• Improving retention of the existing consumer base and increasing consumer spend
• Launch new product and service offerings.
• Invest in a technology stack to improve consumer experience.
• Enhance service professional efficiency and drive cost savings.
• Quicker fulfilment of services

Company Promoters

1. Abhiraj Singh Bhal,
2. Raghav Chandra,
3. Varun Khaitan

Refer to Urban Company IPO DRHP for detailed information.

IPO Details

Urban Company IPO date = 10 to 12 September 2025

Minimum Amount = ₹ 14,935

Minimum Bid = 145 Shares

Face Value (FV) = ₹ 10

Listing On = NSE, BSE

Book Running Lead Manager

Kotak Mahindra Capital

Morgan Stanley India

Goldman Sachs (India) Securities

JM Financial

Financials

CONCLUSION

FinBlab recommends ‘SUBSCRIBE‘ ratings on Urban Company IPO (keeping a long-term view in mind)

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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.

The post Urban Company IPO – Review, Update appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

[Fresh Issue NIL + OFS ₹1842 Cr]

Central mine planning & design institute ipo price is ₹163 – ₹172 per share.

Central Mine Planning & Design Institute: History

The Company was initially incorporated as Central Mine Planning & Design Institute Limited, a private limited company under the Companies Act, 1956, on November 1, 1975.

On May 9, 2025, the shareholders passed a special resolution converting the company into a public limited company.

A fresh certificate of incorporation was issued by the Registrar of Companies on May 20, 2025.

Central Mine Planning & Design Institute: Business

Central Mine Planning & Design Institute Limited (CMPDI) is a premier consultant in open-pit and underground mine planning and design in coal, lignite, and other minerals.

In India, it has a 61 percent market share in the coal and mineral consulting industry.

Key business verticals of the company include –

• Geological  Exploration  and  Resource  Evaluation,
• Mine Planning and Design Services,
• Environmental Planning and Monitoring Services,
• Geomatics, Remote Sensing, and Survey Services.

The Company is well-equipped with advanced infrastructure to support a wide range of activities, including one of the largest fleets of exploratory drills for coal and minerals in India.

According to the CRISIL Report, CMPDI is the largest coal & mineral consultancy firm in India (in terms of market share) for FY 2025 and is the preferred consultant for Coal India Limited.

Coal India Limited, the parent company of CMPDI, is the largest coal-producing company in the world and producing over 781 million metric tonnes of coal in FY 2025.

Regional Institutes

As of December 31, 2025, CMPDI operates seven regional institutes located in key coal-producing states in the country, including Chhattisgarh, Madhya Pradesh, Odisha, and West Bengal.

Laboratories Network

As of December 31, 2025, the company ran a network of eight state-of-the-art laboratories spread over different coalfields in the country.

These laboratories are staffed by a dedicated team with technical experience in coal testing.

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Strategies Ahead

• Strategic diversification in other minerals.
• Continue to upgrade infrastructure to maintain operational excellence.
• Focus on the development of the “clean energy initiatives”.
• Diversify client base.
• Expand international operations by leveraging experience in exploration and planning.

Company Promoters

1. President of India,
2. Government of India,
3. Coal India Limited.

Read Central Mine Planning & Design Institute Limited drhp for more details.

IPO Details

IPO date: 20 – 24 March 2026

Minimum Amount: ₹13,760

Minimum Bid: 80 Shares

Face Value: ₹2

Listing On: NSE, BSE

Financial

Book Running Lead Managers

IDBI Capital Markets & Securities

SBI Capital Markets

CONCLUSION

Considering the nature of the business, financial performance, and the above-listed  factors in mind, FinBlab recommends ‘SUBSCRIBE‘ ratings (keeping a long-term view in mind) on the #Central Mine Planning and Design Institute IPO.

Disclaimer: The contents and data presented here are just for your information & personal use only. 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 Central Mine Planning & Design Institute IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.