In a groundbreaking episode of <a target="_blank" href="https://www.planify.in/shark-tank/">Shark Tank India Season 4</a>, Peyush Bansal, co-founder and CEO of Lenskart, made headlines by investing ₹5 Crs in NOOE, a premium lifestyle and accessories brand. This investment not only marks the largest deal in the show's history but also underscores <a target="_blank" href="https://www.planify.in/investors/peyush-bansal/">Peyush Bansal</a> commitment to nurturing innovative startups in India's burgeoning entrepreneurial ecosystem. The Pitch: NOOE Vision and Appeal NOOE, founded by entrepreneurs Piyush Suri and Neetica Pande, has garnered attention for its Scandinavian-inspired designs, minimalist aesthetics, and dedication to sustainability. The brand offers a range of lifestyle products, including desk sets and accessories that resonate with modern consumers seeking functional yet elegant solutions for their daily needs. During their pitch, Suri and Pandey sought an investment of ₹50 lakh for a 1% equity stake, valuing NOOE at ₹50 Crs. They highlighted their design philosophy, commitment to quality, and plans for scaling the brand both domestically and internationally. The Investment: A Record-Breaking Deal Impressed by NOOE's vision and potential, Peyush Bansal offered ₹5 crore for a 51% controlling stake in the company, effectively valuing the brand at approximately ₹9.8 crore(~10 Cr).

Shark Tank India:  A Record-Breaking Deal

An Extraordinary General Meeting (EGM) has been scheduled by <a target="_blank" href="https://www.planify.in/research-report/vci-chemical-industries-india-pvt-ltd/">VCI Chemical Industries Limited</a> to take place on Tuesday, February 11, 2025, at 11:30 a.m. at the company's registered office, located at 49 Gov. Industrial Estate, Kanpur, Uttar Pradesh, 208012, India. The agenda for the meeting includes the following items:<ul><li>The proposed appointment of Shri Saurav Dubey (DIN: 10901769) as an Independent Director of the company. </li><li>The proposed appointment of Shri Siddhant Sahu (DIN: 10901931) as an Independent Director of the company. </li><li>The proposed appointment of Shri Ram Krishan Gupta (DIN: 02179693) as the Managing Director of the company. </li><li>The proposed appointment of Shri Shubham Gupta (DIN: 05359081) as a Whole-Time Director of the company.</li></ul>

EGM will be on February 11, 2025, at 11:30 a.m. at the company's registered office

VCI to hold Extraordinary General Meeting to appointment Key Leadership Positions

Bollywood actor <a target="_blank" href="https://www.planify.in/investors/vivek-oberoi/">Vivek Oberoi</a> has carved a unique niche for himself in the entertainment industry and the business world. With a reported net worth of Rs 1,200 crore, Oberoi's wealth is largely attributed to his astute business acumen and strategic investments. <ul><li>Starting his entrepreneurial journey at 19 with a tech startup, which he successfully sold to a multinational corporation by 22, Oberoi laid a strong foundation for his future ventures. His <a target="_blank" href="https://www.planify.in/investors/">investment portfolio</a> is diverse, encompassing equities, private equity, real estate, and co-founding multiple ventures, including the diamond company Solitario.&nbsp;</li></ul><ul><li>Despite facing setbacks in his acting career, he leveraged his financial independence to explore and succeed in various business ventures. Oberoi's story is about accumulating wealth and making smart, calculated moves that have positioned him among Bollywood's wealthiest actors. His success inspires aspiring entrepreneurs, demonstrating that with the right mindset and strategy, one can achieve remarkable success across different fields. </li></ul>

Vivek Oberoi's wealth amounted to ₹1,200 Cr

Vivek Oberoi: From Actor to Business Mogul

<ul><li>Financial Performance:&nbsp;In FY24, the <a target="_blank" href="https://www.planify.in/research-report/razorpay/">Razorpay Limited</a> demonstrated strong financial growth, with total revenue rising to ₹2,501 Cr, up from ₹2,282 Cr in FY23. Profit Before Tax improved significantly to ₹47 Cr from ₹10 Cr, while net profit soared to ₹34 Cr, compared to ₹7 Cr the previous year. Total assets also increased considerably, reaching ₹2,515 Cr, primarily driven by a substantial rise in current financial assets. Despite a rise in current liabilities to ₹1,708 Cr, non-current liabilities saw a slight decline. </li><li>Operational Highlights:&nbsp;Operationally, the company received RBI authorization in December 2023 to function as an "Online Payment Aggregator," allowing for expanded merchant onboarding. Revenue segments benefitted through enhanced payment gateway commissions and value-added services, including an expansion into gift cards, software development, and marketing services. The organization has prioritized improving internal financial controls and invested significantly in technology and software to bolster growth in its services. </li><li>Future Outlook:&nbsp;Looking ahead, the company aims to leverage its recent RBI clearance to expand merchant onboarding and increase transaction volumes. With a keen focus on compliance and regulatory adherence, the company anticipates improved profitability through better cost management and enhanced operational scale. The growth strategy also includes strengthening market positioning in payment aggregation and exploring international opportunities to diversify revenue streams.</li></ul>

Razorpay announced FY24 results

NOTICE is hereby given that the resolutions outlined below are proposed for approval by the members of <a target="_blank" href="https://www.planify.in/research-report/anand-rathi-wealth-management/">Anand Rathi Wealth Limited</a> (the “Company”). Members are to cast their votes electronically using a Postal Ballot through the remote e-voting process provided by the Company. <div><table><tbody><tr><td>Commencement of e-voting:</td><td>9:00 am (IST) on Saturday, January 18, 2025</td></tr><tr><td>End of e-voting:</td><td>5:00 pm (IST) on Sunday, February 16, 2025</td></tr></tbody></table></div> Ordinary Resolution:1.&nbsp;Increase in Authorized Share Capital and consequent amendment to Clause V of Memorandum of Association: To consider and, if thought fit, to pass, the following resolution as Ordinary Resolution:The authorized share capital of the Company be and is hereby increased from the existing Rs. 25,00,00,000 (Rupees Twenty-Five Crores Only) divided into 5,00,00,000 (Five Crore) Equity Shares of Rs. 5/- each (Rupees Five only) to Rs. 50,00,00,000/- (Rupees Fifty Crores Only) divided into 10,00,00,000 (Ten Crore) Equity Shares of Rs. 5/- (Rupees Five Only) each. 2.&nbsp;Approval for issuance of Bonus shares:To consider and, if thought fit, to pass, the following resolution as Ordinary Resolution:The Board of Directors has approved the capitalization of up to ₹20,75,51,585 from the Securities Premium Account, Free Reserves, or other permitted reserves for issuing bonus equity shares. These bonus shares, valued at ₹5 each, will be fully paid and issued in a 1:1 ratio to equity shareholders whose names appear in the Register of Members on the Record Date. The bonus shares will increase the company’s paid-up capital accordingly. 3.&nbsp;Approval for Modification of earlier approved Material Related Party Transaction(s) between the Company and Anand Rathi Global Finance Limited:To consider and, if thought fit, to pass, the following resolution as Ordinary Resolution:The Company seeks approval to amend the terms of its material related party transactions with Anand Rathi Global Finance Limited (ARGFL), a Group Company and Related Party under relevant laws. This approval modifies Resolution No. 4 from the 29th AGM (June 15, 2024), increasing the monetary limit for the purchase of debentures/securities from ₹5,000 crores to ₹6,000 crores for FY 2024-25. The estimated revenue from this transaction is approximately ₹480 crores. The transaction will be conducted in the ordinary course of business, on an arm's length basis, and as per terms mutually agreed between ARGFL and the Company. This modification is based on the recommendations of the Audit Committee, the Board of Directors, and necessary approvals from members. 4.&nbsp;Approval for Material Related Party Transaction(s) with Anand Rathi Global Finance Limited:To consider and, if thought fit, to pass, the following resolution as an Ordinary Resolution:With the approval and recommendation of the Audit Committee and the Board of Directors, members of the Company authorize the Board (including any authorized Committee) or Key Managerial Personnel (KMP) to enter into Related Party Transactions (RPT) with Anand Rathi Financial Services Limited (ARFSL), the Company’s promoter and a Related Party under applicable laws. The total transactions will not exceed ₹9,000 crores per annum, with estimated annual revenue of approximately ₹675 crores, for the period covering FY 2025-26 and up to the 31st Annual General Meeting in 2026. 5.&nbsp;Approval for Material Related Party Transaction(s) with Anand Rathi Financial Services Limited:To consider and, if thought fit, to pass, the following resolution as an Ordinary Resolution:With the approval and recommendation of the Audit Committee and the Board of Directors, members of the Company authorize the Board (including any authorized Committee) or Key Managerial Personnel (KMP) to enter into Related Party Transactions (RPT) with Anand Rathi Financial Services Limited (ARFSL), the Company’s promoter and a Related Party under applicable laws. The total transactions will not exceed ₹3,000 crores per annum, with estimated annual revenue of approximately ₹225 crores, for the period covering FY 2025-26 and up to the 31st Annual General Meeting in 2026.

Postal Ballot Notice: Anand Rathi Wealth Management Members

Postal Ballot notice to members of Anand Rathi Wealth Management

Highlights from the spectacular listing of <a target="_blank" href="https://www.planify.in/research-report/quadrant-future-tek-limited/">Quadrant FutureTek</a>:<ul><li>Planify's exclusive investment, Quadrant FutureTek, hit the 20% upper circuit today, closing at ₹532/share following a strong debut at ₹370/share. The stock has surged 83% from its IPO price band of ₹290/share. The IPO received overwhelming investor interest, being oversubscribed 196 times with total applications worth ₹31,256 crore for a ₹290 crore issue. </li><li>Quadrant FutureTek specializes in the technology and implementation of Kavach and boasts a robust order book of ~ ₹920 crore from Indian Railways (RDSO). </li><li>Notable investors such as&nbsp;<a target="_blank" href="https://www.planify.in/investors/ashish-kacholia/">Ashish Kacholia</a>, Capri Global Holdings, and Planify, along with its investors, participated in a ₹48 crore funding round on October 26, 2024. </li><li>The stock shows strong potential for further gains and is recommended for holding.</li></ul>

Planify's exclusive investment, Quadrant FutureTek, hit the 20% upper circuit today, closing at ₹444/share following a strong debut at ₹370/share.

Quadrant FutureTek Soars 53% Post-IPO with Robust Demand

<ul><li>Financial Performance (Q3 FY25 vs Q3 FY24):&nbsp;The company delivered a strong financial performance in Q3 FY25, with total revenue increasing by 30.4% year-on-year (YoY) to ₹244.2 Cr from ₹187.3 Cr in Q3 FY24. This growth underscores robust business momentum and higher operational efficiencies. Profit Before Tax (PBT) registered a 33.6% YoY growth, rising to ₹104.2 Cr compared to ₹78.0 Cr in the same period last year. Similarly, Profit After Tax (PAT) grew by 34.0% to ₹77.3 Cr from ₹58.0 Cr, reflecting the company’s consistent profitability. Earnings Per Share (EPS) also saw a 33.8% YoY rise, reaching ₹18.6 compared to ₹13.9 in Q3 FY24. The company’s Assets Under Management (AUM) witnessed a remarkable 38.8% growth, reaching ₹76,402 Cr as of December 2024, compared to ₹55,057 Cr in December 2023. </li><li>Operational Metrics (Q3 FY25 vs Q3 FY24):&nbsp;The company’s operational performance reflected strong growth across key metrics. Net inflows recorded a 18.5% YoY growth, amounting to ₹3,445 Cr in Q3 FY25, driven by increased client activity and asset allocation. Equity Mutual Fund net inflows rose by 39.4% YoY, totaling ₹2,715 Cr. Active client families increased by 18.5%, reaching 11,426 families as of December 2024, compared to 9,641 families in the previous year. The number of Relationship Managers (RMs) grew by 18.9%, totaling 383 in Q3 FY25 from 322 in Q3 FY24. Additionally, the share of equity mutual funds in AUM rose to 55%, up from 52% a year ago, reflecting a favorable asset mix shift. </li><li>Strategic Developments:&nbsp;The Board of Directors announced a 1:1 bonus share allotment, reflecting the company’s commitment to rewarding shareholders. Over the past year, the company onboarded 1,785 new client families, demonstrating its ability to attract and retain high-net-worth clients. The client attrition rate remained exceptionally low at 0.28% for FY25. Subsidiaries contributed significantly, with Digital Wealth achieving an 18% YoY revenue growth to ₹22 Cr, and Omni Financial Advisors’ revenue increasing by 15% YoY to ₹5.7 Cr. These developments, coupled with a client-centric approach and market-focused strategy, position the company well for sustained long-term growth. </li></ul>

Anand Rathi Wealth Posts Strong Q3FY25 Results

Anand Rathi Wealth Q3FY25 Result Update

​<ul><li>​<a target="_blank" href="https://www.planify.in/research-report/proxgy/">Proxgy-Everywhere</a> as a Service Private Limited has released an official notice of an Extraordinary General Meeting (EGM), scheduled for Monday, January 13, 2025. </li><li>The primary agenda is to approve the conversion of 9,441 Compulsorily Convertible Preference Shares (CCPS) into Equity Shares. The conversion responds to investor demand and involves premium pricing of ₹13,220 per share, highlighting valuation confidence. </li><li>The board has sought member approval to execute the conversion before the standard six-month maturity, a move that aligns with the company's strategic investor engagement. The resolution ensures these new equity shares will be fully paid up and rank equally with existing shares regarding dividends and voting rights. </li><li>Additionally, the document outlines procedural details, including proxy and attendance guidelines, voting mechanisms, and corporate governance assurances for transparency.</li></ul>

Proxgy-Everywhere as a Service Private Limited has released an official notice of an Extraordinary General Meeting (EGM)

Proxgy has released a notice of Extraordinary General Meeting (EGM)

﻿The year 2024 has been an outstanding duration for investors, especially those who ventured into the unlisted shares market. Even as the benchmark indices like Sensex and Nifty registered profits of over 8%, and the BSE Midcap and SmallCap indices surged by extent of 26% and 29% respectively, it is the unlisted companies that genuinely stole the spotlight. This article delves into the factors behind the record-breaking returns from unlisted corporations and highlights a number of the standout performers that have brought substantial exceptional returns for investors.<h2 style="line-height: 1.38;text-align: justify">The Surge in Unlisted Shares</h2><a href="https://www.planify.in/unlisted-shares/">Unlisted shares</a>, frequently known and often termed as <a href="https://www.planify.in/buy-pre-ipo/">pre-IPO shares</a> that comprise the equity portion in companies. These shares are directly traded over the counter (OTC) and are viewed as a high-risk, high-reward investment or placed directly through private platforms. In 2024, the unlisted shares marketplace witnessed a significant surge in demand and increased trading activity, that is driven by investors in search of outsized returns as compared to listed shares in order to gain early investment advantage.Experts attribute this surge to numerous elements. Firstly, the vibrant IPO market of 2024 performed a critical function. With 51 out of 69 IPOs in FY24 trading above their issue price and 10-11 delivering over a 100% return on investment (ROI), investors have been advocated to tap into undervalued unlisted stocks to maximize returns at the same time as mitigating the risk of lacking IPO allocations. Additionally, the limited supply of unlisted stocks coupled with surging demand created a bull run within the unlisted market.Unlisted firms inclusive of Tata Capital, Studds Accessories, <a href="https://www.planify.in/research-report/nayara-energy-ltd/">Nayara Energy</a>, Motilal Oswal Home Finance, Cochin International Airport, and the National Stock Exchange (NSE) introduced amazing profits, highlighting the untapped potential in this sector. Along with many investors now diversifying their portfolios to include unlisted shares, 2024 has been a game-changer for this emerging asset class.<h2 style="line-height: 1.38;text-align: justify">Listed Success Stories from Unlisted Phase</h2>Several companies transitioned from the unlisted space to the listed market, reaping significant gains for early investors.<div style="margin-left:0pt"><table><tbody><tr><td>Companies</td><td>Unlisted Price (₹)</td><td>Listed Price (₹)</td><td>Current Price (₹)</td><td>Gain (%)</td></tr><tr><td>Waaree Energies</td><td>1450</td><td>2550</td><td>2850</td><td>69%</td></tr><tr><td>Swiggy</td><td>370</td><td>420</td><td>550</td><td>49%</td></tr><tr><td>Mankind Pharma</td><td>720</td><td>1300</td><td>1540</td><td>114%</td></tr><tr><td>Tata Technologies</td><td>850</td><td>1200</td><td>1400</td><td>65%</td></tr></tbody></table></div>

Record-Breaking Returns: Unlisted Companies 2024

Record-Breaking Returns: Unlisted Companies Shine for Investors in 2024

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Shark Tank India: A Record-Breaking Deal