Hexagon Nutrition Limited, a research-oriented pure-play nutrition company, made a decent start on the exchanges on Friday, 12 June 2026.

A reasonable listing was expected, as the company’s INR 139 Crore IPO received a 53.68 times subscription (according to the NSE data) during June 5 – 9.

The shares of Hexagon Nutrition were listed at INR 48.25 apiece on the National Stock Exchange (NSE), a premium of 7.20% compared to the IPO price band of INR 42 – INR 45.

On the Bombay Stock Exchange (BSE), the company’s shares were listed at INR 48 per share, representing a premium of 6.60%.

The Stock made an intra-day high of INR 50.66 and a low of INR 48.10 before closing at ₹50.66 (up 12.58%) on the NSE at the market’s close.

In terms of volumes, HEXAGON traded with 11,379,734 shares on the NSE.

Finblab.com view (at the time of IPO)

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4 June 2026

Hexagon Nutrition Limited, a global research-oriented organization engaged in formulating Micronutrient Premix nutraceutical products, plans to raise ₹139 crores through an IPO.

[Fresh Issue NIL + OFS ₹139 Cr]

Hexagon nutrition ipo share price ₹42 – ₹45 per share.

Hexagon Nutrition: History

The Company was originally incorporated as Hexagon Chemoils Private Limited, a private limited company under the Companies Act, 1956, on May 27, 1993.

The Company was then converted into a public limited company on October 14, 2021, under a special resolution passed by the shareholders.

Its name was subsequently changed to Hexagon Nutrition Limited, and a fresh certificate of incorporation was issued by the RoC on November 15, 2021.

Hexagon Nutrition: Business

Hexagon Nutrition Ltd is a differentiated, research-oriented pure-play nutrition company.

According to the Giract Report, Hexagon Nutrition is the only holistic nutrition player that offers products across clinical products, micronutrient premixes, and therapeutic products.

The Company’s product addresses a broad spectrum of aspects, such as –

• Fortification of foods,
• Therapeutic nutrition,
• Clinical nutrition, and
• Alleviation of malnutrition.

Hexagon Nutrition is a fully integrated company engaged, right from product development to marketing, including research and development and manufacturing, with a focus on quality.

The Company exported its products to 70 countries, including South Africa, Malaysia, Ethiopia, France, French Polynesia, Ghana, Indonesia, Kenya, Madagascar, Mozambique, Papua New Guinea, Nigeria, Philippines, Qatar, Russia, the UAE, Angola, Mauritius, and Brazil.

Products Portfolio Classification

The B2C segment includes branded wellness and clinical products such as OBESIGO, PEDIAGOLD, and PENTASURE, and the recently launched NUTRONE.

The B2B2C segment focuses on customized vitamin and mineral premixes supplied to leading Indian and multinational FMCG companies for food fortification.

The ESG segment comprises Ready-to-Use Foods (RUFs) and Micronutrient Powders (MNPs).

R&D Team

The Company’s R&D team comprises 11 professionally qualified and experienced members and strives to identify and develop new applications, combinations, and dosages of active nutrients with beneficial health effects in order to increase our product portfolio.

Manufacturing Facilities

The Company has three (3) manufacturing facilities in Nasik (Maharashtra), Chennai (Tamil Nadu), and Thoothukudi (Tamil Nadu).

Also Read – CMR Green Technologies IPO Review

Distribution Network

Over the years, the company’s distribution network has spread to around 25 regional distributors in Latin America, South East Asia, Africa, and the Middle East.

Hexagon has 3 international offices in Hong Kong, South Africa, and Uzbekistan.

Strategies Ahead

Emphasis on the branded nutrition product segment

Capitalising on growing nutritional awareness and requirements

International expansion by creating geographical footprints

Launch products in new therapy areas / new delivery systems

Company Promoters

1. Arun Purushottam Kelkar,
2. Subhash Purushottam Kelkar,
3. Vikram Arun Kelkar,
4. Aditya Kelkar,
5. Nikhil Arun Kelkar.

Refer to Hexagon nutrition ipo DRHP for further details.

IPO Details

ipo date: 5 June – 9 June 2026

Minimum Amount: ₹14,985

Minimum Bid: 333 Shares

Face Value: INR 1 per share

Listing On: NSE, BSE

Financial

Book Running Lead Managers

Equirus Capital

SBI Capital Markets

CONCLUSION

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

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

“Launches Cogentiq E-Commerce”

Fractal Analytics Limited, a publicly listed global enterprise artificial intelligence (AI) company, today, June 11, 2026, said that,

The Company has launched Cogentiq E-Commerce: AI that Acts on Profit Signals in Minutes. Source: BSE

Also Read: R R Kabel Limited (Value Pick Stock June 2026)

Details

Fractal Analytics Ltd today announced the launch of Cogentiq e-commerce, an AI-native Always-on E-Commerce Profit Engine that helps consumer products companies stay competitive across e-commerce channels such as Amazon.

Cogentiq e-commerce monitors and takes action on key profit signals such as stock levels, media spend allocation, keywords, content, and pricing to help products stay available, easily discoverable, and more likely to convert into purchases.

It does this with accelerated speed—moving teams from signal identification through recommended action in a matter of minutes.

Management Speech

Commenting on the latest development, Pranay Agrawal, Chief Executive Officer, Fractal Analytics, said –

Today, most organizations use AI the same way they’ve always used analytics: gather data, generate insights, and then decide. But that sequence is too slow for the world we’re entering.

We believe AI should start with the decision and compress the distance between insight and action to near zero.

In that world, success will belong to those who can consistently make the right decisions faster.

Cogentiq e-commerce is built for rapid deployment, enabling businesses to go from sign-up to go-live in as little as two days using only a marketplace API.

Refer to fractal analytics news for more information.

19 February 2026

Fractal Analytics Update

“Launches Vaidya 2.0”

Fractal Analytics Ltd, a global provider of artificial intelligence (AI) to Fortune 500 companies, today said that,

The Company has launched Vaidya 2.0, the next-generation healthcare reasoning model. Source – BSE

Designed to power Health Care Operating System-Based workflows, Vaidya 2.0 bridges the gap between raw data and healthcare action.

Debuting at the India AI Impact Summit 2026, the management said that Vaidya 2.0 scores 50.1 on HealthBench (hard), outperforming OpenAI’s GPT-5 and Google’s Gemini Pro 3 on this challenging benchmark.

Management Speech –

On launching Vaidya 2.0, Suraj Amonkar, Chief AI Research & Platforms Officer of the company, said,

With Vaidya 2.0, we’ve moved from knowledge-based foundation models to more advanced post-trained reasoning and agentic-based healthcare models.

By ranking top globally, on the OpenAI HealthBench (hard), which focuses on realistic healthcare conversations, and also showing leading performance on the MedExpert Benchmark that evaluates expert-level medical reasoning.

Vaidya 2.0 models demonstrate a health-operating system approach that is not only more comprehensive but also more reliable and accurate across a wide variety of healthcare workflows.

Refer to fractal analytics news for further information.

ALSO READ: Gaudium IVF IPO Review

16 February 2026

Fractal Analytics IPO Listing Update

Fractal Analytics Ltd, a globally recognized Enterprise AI company, made a weak debut on the stock market on February 16, 2026.

The weak listing came despite the company’s ₹2,834 Cr IPO receiving a decent subscription of 2.66 times (according to stock exchange data) during February 09-11.

The stock opened at ₹900 per share on the Bombay Stock Exchange (BSE), against the IPO price of ₹900, indicating no listing gains for investors.

On the National Stock Exchange (NSE), the stock was listed at ₹876 per share, representing a 2.70% discount over the IPO price.

The Stock made a high of ₹897.30 and a low of ₹831.30 before closing at ₹837.70 (down 4.37%) on the NSE at the market’s close.

In terms of volumes, Fractal Analytics traded with 6,818,588 shares on the NSE.

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6 February 2026

Fractal Analytics Limited, a multinational artificial intelligence (“AI”) and data analytics company, is planning to raise ₹2,834 crore through an Initial Public Offering.

[Fresh Issue ₹1,024 Cr + OFS ₹1,810 Cr]

Fractal Analytics IPO share price is ₹857 – ₹900 per share

Fractal Analytics: History

The company was originally incorporated as Fractal Communications Limited at Mumbai, Maharashtra, India, as a public limited company under the provisions of the Companies Act, 1956, on March 28, 2000.

The Company was then converted into a public limited company. Its name was subsequently changed to Fractal Analytics Limited, as per a fresh certificate of incorporation issued by the Registrars of Companies on May 16, 2024.

Fractal Analytics: Business

Fractal Analytics Ltd is a globally recognized enterprise artificial intelligence (“AI”) company, with a vision to power human decisions in clients’ enterprises by leveraging AI.

The company supports large global enterprises with data-driven insights, assisting them in their decision-making through end-to-end AI solutions.

Key Business Segments

1. Fractal.ai – This unit of the company consists of (1) AI services and (2) AI products. The company’s AI products are hosted on “Cogentiq” – a flagship agentic AI platform designed to help enterprises and product owners build and upgrade products with built-in tools, security, governance, and low-code features.
2. Fractal Alpha – This unit of the company consists of independent AI businesses that target core must win clients (MWCs) and broader markets and new geographies.

Client List

In FY 2025, Fractal has served 113 MWCs, with prominent clients including Citibank, N.A (“Citi”), Nestle, Costco, Nationwide, Franklin Templeton, Mondelez, Mars, and Philips, among others.

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Strategies Ahead

• Acquire and grow a must win clients (MWCs) culture.
• Expand capabilities by investing in AI research & product innovation.
• Build a great place to work.
• Partner with leading technology companies.
• Accelerate capabilities through acquisitions.

Company Promoters

1. Srikanth Velamakanni,
2. Pranay Agrawal,
3. Chetana Kumar,
4. Narendra Kumar Agrawal,
5. Rupa Krishnan Agrawal.

Refer to Fractal analytics DRHP pdf for detailed information.

IPO Details

Fractal Analytics IPO date: 9 – 11 Feb 2026

Minimum Amount: ₹14,400

Minimum Bid: 16 Shares

Face Value (FV): ₹1

Listing On: NSE, BSE

Financial

Book Running Lead Managers

Kotak Mahindra Capital

Morgan Stanley India Company

Axis Capital

Goldman Sachs (India) Securities

CONCLUSION

FinBlab recommends ‘NEUTRAL‘ ratings (for the time being) on Fractal Analytics 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.

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

[Fresh Issue NIL + OFS ₹631 Cr]

Cmr green technologies ipo price is ₹182 – ₹192 per share.

CMR Green Technologies: History

The Company was originally incorporated as Grand Metal Industries Private Limited, a private limited company, on August 23, 2005.

Thereafter, it converted into a public limited company, and the name of the Company was changed to Grand Metal Industries Limited on May 28, 2020.

Subsequently, the name was changed to CMR Green Technologies Limited, and a certificate of incorporation was issued by the Registrar of Companies, Delhi, on August 11, 2021.

CMR Green Technologies: Business

CMR Green Technologies Ltd. is the leading non-ferrous metal recycler in India (in terms of installed capacity) as of March 31, 2025.

According to the ICRA Report, it holds the highest market share in the Indian secondary aluminium market in terms of revenue from operations for FY2025 (amongst the peer companies).

The Company has a capacity advantage over domestic players, with an installed capacity of around 4 times that of the nearest competitor in the domestic recycled aluminium space, as of March 31, 2025.

It ranks among the largest players in the global aluminium recycling industry in terms of installed capacity as of March 31, 2025, according to the ICRA Report.

The Company manufactures recycled aluminium alloys (in ingot and liquid form), zinc alloy ingots, and segregated furnace ready scrap of stainless steel, copper, brass, zinc, lead, and magnesium, amongst others.

CMR Green also produces aluminium billets that cater to both automotive and non-automotive sectors.

Client List

Some of the OEM clients of the company include Honda Cars India Limited, Bajaj Auto Limited, Hero MotoCorp Limited, Royal Enfield Motors Limited, and India Yamaha Motor Private Limited.

Recycling Facilities

As of this DRHP, the company operates through 13 strategically located recycling units.

Three (3) facilities are situated at Tatarpur, Manesar, and Bawal, in the state of Haryana; two (2) facilities are situated at Vanod, and one (1) facility is situated at Halol, Pune, Chennai, Vallam, Haridwar, Bhiwadi, Sambalpur, Tirupati, Rajasthan, Odisha, and Andhra Pradesh, respectively.

ALSO READ – GST collections May 2026

Strategies Ahead

Diversification into Other Metals and Expanded Industry Base.

Green Aluminium Focus domestically and globally.

Expansion of the supply of wrought alloys and partnership with primary players.

Leverage the focus on aluminium content in electric vehicles and the growing demand for aluminium in ICE vehicles.

Invest in higher technological capabilities in order to capitalize on future trends.

Company Promoters

1. Mohan Agarwal,
2. Pratibha Agarwal,
3. Akshay Agarwal,
4. Raghav Agarwal.

Refer to CMR Green Technologies DRHP for further information.

IPO Details

ipo date: 3 June – 5 June 2026

Minimum Amount: ₹14,976

Minimum Bid: 78 Shares

Face Value: INR 2 per share

Listing On: NSE, BSE

Financial

Book Running Lead Managers

Equirus Capital,

ICICI Securities,

Motilal Oswal Investment Advisors.

CONCLUSION

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

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

[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).

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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.