Heranba Industries Limited IPO review

Heranba is a Gujarat based crop protection chemical manufacturer and exporter of Intermediaries, Technicals and Formulations. The company’s IPO opens on Feb 23rd, 2021. Heranba is one of the leading domestic producers of synthetic pyrethroids in India. Below are company’s five business verticals: Domestic institutional sales of technicals – manufacture and sale of technicals in…

Railtel Corporation of India IPO

Railtel Corporation of India Limited IPO review

Railtel Corporation IPO opens on Feb 16th, 2021 as the government plans to sell 27.2% stake in the company. The company was incorporated in the Sep-2000 to modernize existing telecom system for train control, operation and safety. This mini-Ratna, wholly-owned company of Government of India, provides information and communications technology-related services. Another objective is to…

Nureca Limited Initial Public Offering IPO

Nureca Limited IPO review

Nureca Limited IPO opens on Feb 15th, 2021. The company deals with wellness products in the growing home healthcare segment. It enables customers with tools that help them monitor chronic ailments and other diseases to improve their lifestyle. Nureca sells its products through online channel partners across e-commerce players, distributors and retailers, and its website….

Stove Kraft Limited IPO

IPO note – Stove Kraft Limited

Stove Kraft Limited is a kitchen solution and home solutions company that has been in existence for over two decades. It is a leading brand for India’s kitchen appliances and a dominant player in the pressure cookers segment. The company offers diverse kitchen solutions under ‘Pigeon’ and ‘Gilma’ brands. ‘Pigeon’ brand contributed 77% of its…

Indian Railway Finance Corporation Limited IPO

IPO note – Indian Railway Finance Corporation Limited

Indian Railway Finance Corporation Limited (IRFCL) is the dedicated market borrowing arm of Indian Railways. IRFCL’s primary objective is financing the acquisition of rolling stock assets, which includes powered and unpowered vehicles, leasing of railway infrastructure assets and national projects of the Government of India and lending to other entities under the Ministry of Railways,…

Indigo Paints Limited IPO

IPO note – Indigo Paints Limited

Indigo Paints Limited is one of the fastest-growing and amongst the top five paint companies in India. It is a reputed name in the decorative paints industry and has been in existence for almost two decades. Spread across 27 states and eight union territories in India as on September 30, 2020, the company has a…

Antony Waste Handling Cell Ltd IPO

IPO note – Antony Waste Handling Cell Ltd

Incorporated in 2001, one of top five players in the India MSW (Municipal Solid Waste) management industry. Healthy track record of over 19 years across spectrum of solid waste management services which includes solid waste collection, transportation, processing and disposal services across the country, primarily catering to municipalities. The company has undertaken 25 projects so…

Mrs. Bector Food Specialties Limited IPO

IPO note – Mrs. Bector Food Specialties Limited

A leading company in the premium and mid-premium biscuits segment and bakery segment in North India. Manufacturer of range of biscuits like cookies, creams, crackers, digestive and glucose types under the brand of ‘Mrs. Bector’s Cremica’. Also, manufacturer of bakery products like bread, pizza, buns, bases and cakes under the brand of ‘English Oven’. The…

Burger King India Limited IPO

IPO note – Burger King India Limited

Burger King is one of the fastest-growing QSR (quick-service restaurant) brands in India with a reach of 250+ restaurants. This is the national master franchisee of the Burger King brand in India, which is a fast-growing fast-food burger brand globally. Promotor is QSR Asia Pte Ltd incorporated in 2013 under the laws of Singapore and…