Date: Sat 05 Jul, 2025
The SME IPO segment demonstrated robust activity in the first half of 2025. From January to June 2025, approximately 94 SME IPOs were launched, collectively raising a total of around ₹4,138.28 crore. This underscores a vibrant SME IPO ecosystem and strong capital-raising momentum among small and medium enterprises in India.
Despite new SEBI rules that doubled the minimum investment in SME IPOs from ₹1 lakh to ₹2 lakh effective March 2025, investor enthusiasm remained strong. Several IPOs across SME achieved significant positive listings, indicating strong investor confidence and successful market debuts.
For the SME segment, Neetu Yoshi showed substantial gains with listing at 40% Premium. Other notable SME IPOs with positive listings include Fabtech Technologies Cleanrooms Limited, Sat Kartar Shopping Limited and Monolithisch India, all listed in January 2025.
Date: Fri 04 Jul, 2025
Date: Mon 30 Jun, 2025
Financial Performance (FY25 vs FY24):
Anglo-French Drugs posted a 18.2% YoY growth in total income to ₹118.0 Cr in FY25, up from ₹100 Cr in FY24, driven by a strong surge in other income (₹30 Cr vs ₹4.5 Cr), partially offset by a 7.8% decline in core revenue from operations to ₹88 Cr from ₹95 Cr. This indicates pressure on the core pharmaceutical business. Despite lower operational revenue, profit before tax (PBT) turned positive to ₹8 Cr from a loss of ₹12 Cr in FY24. The turnaround was largely due to investment gains and reduced raw material costs.
Operational Metrics (FY25 vs FY24):
Net profit margin improved to 6.1% from –12.4%, aided by cost control and higher other income. Total borrowings doubled to ₹19 Cr, primarily for working capital. A related-party loan of ₹7.52 Cr to Dormirbien Pvt Ltd raised governance concerns. Net cash from operations stood at ₹2 Cr, while cash and cash equivalents rose marginally. The company also invested ₹54 Cr and spent ₹9.0 Cr in capex for the acquisition of assets indicating a tilt toward treasury income.
Strategic Developments:
FY25 was a transformation year for AFDIL, marked by a turnaround in profitability after consecutive losses. However, core pharma revenues declined, reflecting underlying demand pressure and execution issues, especially in exports (which fell from ₹9 Cr to ₹0.93 Cr YoY). The company’s strategic buyback of shares (₹53 Cr payout) and lending to a related startup (DPL) raise capital allocation concerns. The shift towards high-yield investments helped earnings but raises questions on sustainability.
Date: Wed 25 Jun, 2025
HDB Financial Services, a leading non-banking financial company (NBFC) and a subsidiary of HDFC Bank, is preparing for a significant Initial Public Offering (IPO) in the Indian market. This public issue is generating substantial interest due to HDB's strong backing and its integral role in India's retail and SME lending landscape.
HDB Financial Services plays a pivotal role in serving underbanked and semi-urban segments through a diversified product portfolio that includes enterprise lending, asset finance, and consumer loans. Its extensive pan-India presence, combined with a robust digital infrastructure, has propelled HDB into a formidable position within the financial services landscape.
The IPO is significant not only for its size, aiming to raise ₹12,500 crore, but also as a strategic move to comply with Reserve Bank of India (RBI) regulations requiring "upper-layer" NBFCs to be publicly listed by September 2025.
Date: Thu 19 Jun, 2025
Small and Medium Enterprises (SMEs) are the backbone of India’s economy, driving innovation, employment, and regional development. Investing in the SME sector provides a unique opportunity for investors to participate in the growth of emerging companies with high potential.
However, navigating this landscape requires insight into which investors have successfully generated substantial returns by backing promising SMEs. Let’s dive into the top investors who have consistently identified high-growth potential in smaller and emerging enterprises, delivered impressive returns, and set benchmarks for strategic and impactful investment in this vibrant sector.
Collectively, these investors showcase deep analytical rigour, long-term conviction, and a willingness to back lesser-known companies, often resulting in compound annual returns exceeding 20-30% and, in many cases, life-changing multi-bagger exits. Their stories not only define benchmarks for SME investing in India but also inspire a new generation of private market participants to seek value, patience, and vision as drivers of enduring wealth creation.
Date: Thu 19 Jun, 2025
HDB Financial Services and Cholamandalam Investment & Finance Company both demonstrate strong financial performance in FY25, with Cholamandalam leading in most key metrics. Cholamandalam Investment & Finance Company is an established and listed NBFC that currently leads HDB Financial Services in terms of scale and profitability.
Cholamandalam reports revenue of Rs 25,846 crore compared to HDB’s Rs 16,300 crore, along with superior profitability indicators such as a PAT of Rs 4,263 crore and a higher ROE of 19.8%. Additionally, Cholamandalam’s asset under management (AUM) and total disbursement significantly surpass HDB’s, reflecting its larger scale of operations.
Date: Tue 17 Jun, 2025
Date: Mon 16 Jun, 2025
Date: Fri 13 Jun, 2025
Date: Wed 11 Jun, 2025
The Indian IPO market has entered a new phase of momentum in 2025, distinguishing itself from earlier speculative cycles by focusing on genuine, sizable offerings spanning tech, finance, renewables, and market infrastructure sectors.
After a tentative start to the year, a substantial post-April rebound has delivered new vibrancy, as companies like HDB Financial Services, Zepto, Vikram Solar, NSDL,Imagine Marketing (boAt) and the National Stock Exchange (NSE) prepare for long-awaited public debuts.
Date: Tue 10 Jun, 2025
Date: Thu 05 Jun, 2025
Notice is hereby given that the 20th (Twentieth) Annual General Meeting (AGM) of the Shareholders of Shriram Life Insurance Company Limited (referred to as "the Company") will be held on Wednesday, June 25, 2025. The meeting will take place at Plot No. 31 & 32, 5th Floor, Ramky Selenium, Financial District, Gachibowli, Hyderabad — 500 032, starting at 11:30 AM. The agenda will include the following business matters:
Ordinary Business:
Special Business:
Date: Thu 05 Jun, 2025
India’s SME IPO segment has been in the spotlight, not only for its rapid growth and initial euphoria but also for a string of regulatory crackdowns by SEBI in 2024–25 that rattled both retail investors and the broader market ecosystem.
Some companies went public amid massive investor interest but saw severe issues post-listing. Several SME IPOs in India initially promised outsized returns, with issues being oversubscribed hundreds of times and post-listing prices shooting up dramatically, only to later come crashing down as the euphoria faded and underlying operational or governance issues came to light.
Some companies, such as Varyaa Creations and Synoptics Technologies, became textbook cases—listed with much fanfare, but post-listing revelations about fund diversion and misstatements saw SEBI step in with bans and trading halts.
Others, like Resourceful Automobile, showcased how speculative frenzy could drive shares far above fundamental value, leading to steep corrections and investor pain.
This decisive campaign prompted SEBI to halt or suspend multiple listings, freeze promoter holdings, and penalise errant merchant bankers and company directors.
Date: Wed 04 Jun, 2025
Date: Tue 03 Jun, 2025
NCL Buildtek Ltd, a well-established player in the building materials sector, has reported a strong set of financial results for FY25, reflecting consistent growth across all major financial metrics. The company’s performance underscores effective operational strategies and robust market demand.
NCL Buildtek Ltd’s financial performance in FY25 showcases a well-rounded and resilient growth trajectory. With double-digit gains across revenue, profitability, and equity, the company appears to be on a strong path of expansion and value creation. Its continued focus on asset building and shareholder returns positions it well for sustained success in the coming years.
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