PVR INOX Ltd., India’s premier multiplex chain, emerged from the merger of PVR Cinemas and INOX Leisure Limited, creating a formidable leader in the entertainment landscape.
PVR INOX Q3 FY25 Results
On February 6, 2025, PVR INOX marked a spectacular return to profitability, reporting a remarkable 180% surge in consolidated net profit for Q3 FY25, largely propelled by a series of festival blockbusters, including the runaway success ‘Pushpa 2’. The film single-handedly accounted for a staggering 36% of box office takings during the period.
The company recorded a consolidated net profit of ₹35.9 crore for Q3 FY25, compared to ₹12.8 crore in the same period last year and a net loss of ₹11.8 crore in the previous quarter. Revenue from operations soared by 11% year-on-year to ₹1,717.3 crore.
About ATP
Additionally, the multiplex behemoth achieved its highest post-pandemic quarterly advertising revenue of ₹148.6 crore, alongside record-breaking figures for average ticket price (ATP) at ₹259 and food and beverage spend per head (SPH) at ₹140. Another significant achievement was the reduction of net debt by ₹434.6 crore, bringing it down to ₹995.8 crore as of December 2024.
Statement From Vice President of PVR INOX
Saurabh Pant, Vice President of Finance and Investor Relations, elaborated further, stating that the film added ₹254 crore to the company’s Hindi box office collections and approximately ₹63 crore to ₹67 crore from other regional language screenings.
To fuel sustainable growth, the company adopted a strategic shift by scaling back capital expenditure. “We transitioned to an innovative growth model focused on FOCO (franchise-owned, company-operated) and asset-light formats,” Pant explained.
Statement From Executive Director of PVR INOX
Sanjeev Bijli, Executive Director of PVR INOX, credited Pushpa 2: The Rule as the primary revenue driver for Q3 FY25, contributing ₹1,450 crore at the Indian box office.
Looking ahead, he highlighted key upcoming releases such as Chhaava on February 14 alongside Captain America: Brave New World, followed by The Diplomat with John Abraham, Shankara featuring Akshay Kumar, and Salman Khan’s much-anticipated Sikandar in March.
PVR INOX Ltd. Share Price and Performance
At 12:04 PM today, PVR INOX Ltd. shares traded at ₹1,082.95 per share on the NSE.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Bikaji Foods International Ltd. reported a 14.5% year-on-year (YoY) increase in revenue for Q3FY25, reaching ₹7,149 million. Volume growth was 3.0% YoY. EBITDA stood at ₹555 million, with a 7.8% margin, affected by inflationary pressure and higher raw material costs. Profit after tax (PAT) was ₹278 million, translating to a 3.9% margin. Earnings per share (EPS) (Basic) stood at ₹1.14.
As of February 7, 1:15 PM, Bikaji Foods International Ltd. traded at ₹674.95, down ₹58.80 (8.01%) for the day. Over the past six months, the stock has declined by 14.17%, but it remains up by 19.67% over the past year.
Segment-Wise Performance
Traditional snacks remained the highest revenue contributor, making up 62.1% of total sales, with a 10.5% YoY growth. Packaged sweets saw a 11.2% increase YoY, contributing 18.1% to revenue. The papad segment grew by 9.6%, accounting for 6% of revenue. Western snacks, which form 6.8% of total sales, saw no significant growth this quarter
Nine-Month Performance
For the nine-month period (9MFY25), revenue rose 17.1% YoY to ₹20,082 million, with 10.9% volume growth. EBITDA for the period stood at ₹2,539 million, with a 12.6% margin. PAT for the nine months was ₹1,544 million, with a 7.7% margin.
The company cited inflation in key raw materials, including edible oil, potatoes, and packaging materials. Price adjustments were made to counter rising costs. While urban demand slowed down, rural demand improved during the quarter.
Expansion and Acquisitions
Bikaji increased its direct distribution by adding 10,000 new outlets in Q3FY25. In December 2024, it incorporated a new subsidiary, Bikaji Bakes Private Limited. The company also acquired Hazelnut Factory Food Products Pvt. Ltd.in October 2024.
Gross margin for Q3FY25 was 29%, while EBITDA margin stood at 7.8%. For the nine-month period, gross margin was 32%, and EBITDA margin was 12.6%. The company continues to focus on expansion while dealing with cost pressures.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing
Malabar Gold & Diamonds, the Indian jewellery group, has announced plans to expand into New Zealand, with an investment of NZD 75 million (₹371 crore) over the next two years. The company will open three new showrooms as part of its international growth strategy.
Plans and Investment
Malabar Gold & Diamonds has a presence in Asia, the Middle East, and other global markets. The company, which operates over 375 showrooms across 13 countries, will fund the investment through internal accruals. The expansion will mark Malabar Gold & Diamonds’ entry into the New Zealand market, where it plans to establish a presence in the jewellery retail sector.
Trade Agreement
The decision to enter New Zealand aligns with the Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates and New Zealand. The agreement is to increase trade and economic cooperation between the two countries.
Malabar Gold & Diamonds, which manages its international operations from the UAE, sees this as an opportunity to expand into a new region.
Statement from the Company
According to Malabar Group Chairman M P Ahammed, the trade agreement helps strengthen economic ties while allowing the company to introduce its products to a different market. He noted that the company sees potential in the region and aims to establish a strong foothold over time.
New Zealand Market
New Zealand’s jewellery retail sector includes both local and international brands, with demand varying across different consumer segments. Malabar Gold & Diamonds’ expansion adds another international player to the market.
With the planned investment, the company is set to enter New Zealand’s retail space in the coming years, adding to expansion in its global operations.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing
Solar Industries India Limited has achieved a significant milestone as its wholly owned subsidiary, Economic Explosive Limited (EEL), has secured a ₹6,084 crore contract from the Ministry of Defence.
The agreement pertains to the supply of Area Denial Munition (ADM) Type-1 (DPICM) and High Explosive Pre-Fragmented (HEPF) Mk-1 (Enhanced) rockets for the Pinaka Multiple Launcher Rocket System (MLRS)—a critical addition to India’s defence arsenal.
The share price of Solar Industries reached an intraday high of ₹9,355 on the NSE as of 9:59 AM on February 7, 2025
Pinaka MLRS: A Key Component of India’s Defence Strategy
The Pinaka Multiple Launcher Rocket System (MLRS) is a sophisticated, long-range artillery weapon developed by the Defence Research and Development Organisation (DRDO). Known for its rapid response and precision, the Pinaka system enhances the Indian Army’s capability in modern warfare.
The contract awarded to EEL signifies a growing emphasis on indigenous defence manufacturing under the Atmanirbhar Bharat Abhiyan (Self-Reliant India Initiative). As a production agency nominated by DRDO, EEL will manufacture all variations of the Pinaka Rocket System, reinforcing its role in India’s strategic defence production.
Contract Details: A Major Boost for Indigenous Defence Manufacturing
Contract Size: ₹6,084 crore
Awarded by: Ministry of Defence
Nature of Contract: Supply of defence products
Execution Timeline: 8 to 15 years, with 86% completion within the first 10 years
Significance: The biggest contract in the history of Solar Industries India Limited
This agreement is a major step towards self-sufficiency in the Indian defence sector, aligning with national policies to “Make in India” and “Make for the World”.
Economic Explosive Limited: A Growing Force in Defence Production
EEL, backed by a team of national and international defence experts, has been making strides in the defence sector, contributing to India’s indigenous weapons development. The company’s expertise in explosives and munitions has positioned it as a key supplier for the Indian armed forces.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing
Zomato Limited has decided to change its corporate identity and will now be known as Eternal Limited. While the Zomato brand will continue for food delivery, the new name reflects the company’s evolution into a multi-business enterprise, including Blinkit, District and Hyperpure.
Impact on Company’s Operations and Branding
While the parent company’s name will change to Eternal Ltd., the Zomato brand will continue to exist for food delivery services. Additionally, the company’s corporate website will transition from zomato.com to eternal.com, and its stock ticker will change from ZOMATO to ETERNAL. Despite these adjustments, users will still see the Zomato brand in its app, ensuring no disruption in the customer experience.
Eternal Ltd.: A Multi-Business Holding Company
The decision to rebrand aligns with Zomato’s expansion beyond food delivery. Eternal Ltd. will oversee four major business verticals:
Zomato – The food delivery platform.
Blinkit – A quick commerce service acquired by Zomato.
District – A segment focused on dining-out experiences.
Hyperpure – A business-to-business (B2B) grocery supply service.
Strategic Reasons for the Name Change
Founder and CEO Deepinder Goyal explained that the shift to Eternal Ltd. represents the company’s evolution. He mentioned that Blinkit has become a crucial part of Zomato’s growth strategy, making this a suitable time for the rebranding. The move highlights how the company has diversified beyond its original business model with quick commerce becoming a significant revenue contributor.
Symbolism Behind ‘Eternal’
Deepinder Goyal shared that the name ‘Eternal’ carries a deep meaning, symbolising resilience and long-term sustainability. He stated that true permanence is not about making bold claims but about continuously evolving to meet future challenges.
Share Performance
As of February 07, 2025, at 11:20 AM, the shares of Zomato are trading at ₹232.60 per share, up 1.55% from yesterday’s closing price. Over the last month, the stock has fallen by 7.86%. The stock’s 52-week high is ₹304.70 and its low is ₹139.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
January 23, 2025 09:33 AM
Stock Market Live: Stocks to Watch: HUL, BPCL, Coforge, Paras Defence in Focus
Key stocks in focus include HUL, which reported a profit of ₹3,001 crore and announced the demerger of Kwality Wall’s and a stake acquisition in Minimalist. BPCL’s profit surged to ₹4,640 crore, while Coforge posted a profit of ₹216 crore and declared a ₹19/share interim dividend. Pidilite Industries recorded a ₹552 crore profit, and Tata Communications saw a 424% YoY profit jump to ₹236 crore. Paras Defence signed an MoU to establish a ₹12,000 crore Optics Park in Maharashtra, creating 2,000 jobs by 2028.
January 23, 2025 11:06 AM
Share Market Live Updates: Zensar Hits 52-Week High
Zensar Technologies Limited announced its consolidated financial results for the third quarter ending December 31, 2024, for the financial year 2024-2025. The company reported a revenue of $157.0 million for Q3FY25, marking a year-on-year (YoY) growth of 8.6% in reported currency and 7.5% in constant currency.
On a sequential quarter-over-quarter (QoQ) basis, the growth was 0.5% in reported currency and 0.7% in constant currency. Gross Margin for the quarter stood at 30.1% of revenues, reflecting a 200 basis point improvement from the previous quarter.
January 23, 2025 11:20 AM
Share Market Live: Coforge Shares Jump 10%
Coforge Limited’s shares surged 10% to ₹9,051 on January 23, 2025, following its robust Q3 FY25 results and a ₹19 interim dividend announcement. The company reported a revenue of ₹3,318.2 crore, reflecting 40.3% YoY growth in constant currency terms and 42.8% YoY growth in INR terms. EBITDA rose 29.3% YoY to ₹519.0 crore, while adjusted PAT increased 10.3% YoY to ₹268.0 crore. The strong performance was driven by significant growth across sequential and year-on-year metrics.
January 23, 2025 11:32 AM
Share Market Live: Mazagon Dock Shipbuilders Stock Up 4%
Mazagon Dock Shipbuilders (NSE: MAZDOCK) share price traded 3.55% higher at ₹2,369 at 11:10 AM on the NSE. The stock opened at ₹2,275.85, higher than ₹2,287.75 at the previous close. The stock rose to a day’s high of ₹2,423 in the early trade before cooling off to a day’s low of ₹2,256.60. Despite yesterday’s loss the stock price continued to trade close to its 52-week high of ₹2,930 recorded on July 5, 2024.
The company also issued a clarification regarding the recent media reports on a contract with Jawaharlal Nehru Port Authority (JNPA) about an electric water taxi.
January 23, 2025 11:50 AM
Share Market Live Updates: India’s Renewable Energy Surge
India’s renewable energy sector is rapidly transforming, and 2024 marked an exceptional year in this transition. With a growing commitment to sustainability and green energy solutions, India continues to make waves in the global energy landscape. By 2030, the country aims to achieve 500 GW of non-fossil fuel-based energy capacity—a monumental goal that solidifies its position as a clean energy leader.
January 23, 2025 12:37 PM
Share Market Live: Markets Trade Volatile Amid Mixed Global Cues
On January 23, 2025, Indian benchmark indices Nifty50 and Sensex, witnessed volatility due to mixed global signals. The BSE Sensex fluctuated between gains and losses, trading at 76,553.34, up 148.35 points by noon, while the Nifty50 rose 0.24% to 23,210.20. Gains in UltraTech Cement, Tech Mahindra, Sun Pharma, and M&M supported the indices, though losses in HUL, HDFC Bank, SBI, Reliance Industries, and HCL Tech capped the upside.
Broader markets outperformed, with Nifty SmallCap and MidCap indices advancing 1.1% and 1.6%, respectively. Sectorally, Nifty IT led with a 2% rise, while Nifty PSU Bank declined 0.5%. Investors are closely monitoring Q3 results from major companies like UltraTech Cement and Dr Reddy’s.
January 23, 2025 12:56 PM
Share Market Live: Jupiter Wagons Shares Rise on Fundraising Plans
Jupiter Wagons share price saw a rise of 2.61% on January 23, 2025, reaching an intraday high of ₹485.75. By 12:31 PM, the stock was trading 1.50% higher at ₹480.45, while the BSE Sensex was up 0.38% at 76,696.88.
The company announced a board meeting scheduled for January 29, 2025, to discuss plans for raising funds through various methods. These may include issuing equity shares, convertible preference shares, bonds, debentures, warrants, or other equity-linked instruments. Potential fundraising modes include private placements, qualified institutional placements (QIPs), public issues, rights issues, or preferential allotments, subject to necessary approvals.
January 23, 2025 01:44 PM
Stock Market Live: Mid-Day Top Gainers and Losers
As of 12:05 PM on January 23, 2025, the BSE Sensex rose 0.23% to 76,569.05, while Nifty50 gained 0.28% to 23,219.90.
Among the top gainers, Wipro surged 3.8% to ₹320.85, Tech Mahindra rose 2.31% to ₹1,722.80, and Tata Consumer Products gained 2.13% to ₹988. UltraTech Cement and Mahindra & Mahindra also saw gains of 2.12% and 1.72%, respectively. On the downside, Hindustan Unilever dropped 1.37% to ₹2,310.95 despite strong Q3 profit growth, and BPCL fell 1.33% to ₹273.9 after a revenue decline. Dr. Reddy’s, HCL Technologies, and SBI also posted losses, down 1.18%, 1.01%, and 0.64%, respectively.
January 23, 2025 02:03 PM
Stock Market Live: Biocon Share Price Gains 3% on Fundraising Announcement
Biocon share price rose by 2.61% to ₹398 per share on January 23, 2025, following the company’s announcement that its board will consider raising funds through commercial papers (CPs) or other private placement methods. The board meeting is scheduled for January 27, 2025.
January 23, 2025 02:21 PM
Stock Market Live Updates: IREDA Approves ₹5,000 Crore Fundraising via QIP
On January 23, 2025, Indian Renewable Energy Development Agency (IREDA) announced that it will raise ₹5,000 crore through a Qualified Institutional Placement (QIP). The funds will be raised in 1 or more tranches. The company’s board approved this plan during its meeting.
January 23, 2025 03:04 PM
Stock Market Live: Markets Gain on Auto, IT, and Healthcare Stocks
On January 23, 2025, benchmark indices gained momentum with strong buying in auto, IT, and healthcare stocks. At 2:00 PM, the BSE Sensex rose by 250 points to 76,650, while the NSE Nifty 50 hovered near 23,250.
January 23, 2025 03:35 PM
Stock Market Live Updates: Adani Energy Solutions Q3 Profit Surges 80% to ₹625 Crore
Adani Energy Solutions reported an 80% increase in consolidated net profit to ₹625.30 crore for the December 2023 quarter, compared to ₹348.25 crore a year ago. The rise was supported by higher revenues, with total income climbing to ₹6,000.39 crore from ₹4,824.42 crore in the same period last year, as per its BSE filing.
January 23, 2025 03:59 PM
Stock Market Live: Sensex and Nifty Close Higher, Supported by Gains in Auto, IT, and Healthcare Stocks
On Thursday, January 23, 2025, after a shaky start, the benchmark equity indices showed positive movement, boosted by strong buying in auto, IT, cement, and some healthcare stocks.
The BSE Sensex dropped to a low of 76,202 early in the session but quickly recovered and rose to a high of 76,743, ending the day at 76,520, up by 115 points. The NSE Nifty 50 reached a high of 23,271 and a low of 23,091 before closing 50 points higher at 23,205.
January 23, 2025 04:34 PM
Stock Market Live: Ultratech Cement Leads Gains, BPCL Sees Losses on January 23, 2025
On January 23, 2025, the Indian stock markets closed higher, with Nifty 50 rising by 0.22% and Sensex gaining 0.15%. The Nifty Consumer Durables and Nifty IT sectors saw gains of 1.97% and 1.79%, respectively.
Ultratech Cement led the day’s top gainers with a 6.67% increase, followed by Grasim (2.96%), Wipro (2.78%), Shriram Finance (2.38%), and Sun Pharma (2.23%). On the losing side, BPCL saw a decline of 2.14%, followed by Kotak Mahindra Bank (-1.28%), HCLTech (-1.14%), Reliance (-0.96%), and SBI (-0.96%).
Hyderabad-based MTAR Technologies Limited has announced securing multiple orders amounting to ₹200 crore across various high-tech sectors, including Clean Energy, Civil Nuclear Power, Aerospace, and Space. The company, known for its advanced engineering capabilities, has received significant contracts from leading international and domestic organisations.
The share price of MTAR Technologies has gained over 1% as of 2:33 PM on February 6, 2025.
Breakdown of the Orders
The newly awarded contracts span a wide range of industries, reinforcing MTAR Technologies’ strategic positioning in key sectors. The major contracts include:
Clean Energy – Fuel Cells Division: ₹157.4 crore worth of orders from Bloom Energy for fuel cell components.
Clean Energy – Energy Storage Systems: ₹2.7 crore in first-time orders from Fluence.
Civil Nuclear Power Sector: ₹22 crore in orders for advanced engineering solutions.
Space and Aerospace Sector: ₹17.9 crore worth of contracts, including those from ISRO and multinational aerospace clients.
These orders are set to be executed by the end of the financial year 2026.
Growing Presence in the Clean Energy and Aerospace Sectors
The company is actively expanding its footprint in the Clean Energy and Aerospace sectors. Over the past two to three years, MTAR has been developing new products in collaboration with existing and new clients. Following the successful completion of initial prototype orders, the company is now receiving large-scale volume orders.
According to Mr Parvat Srinivas Reddy, Managing Director of MTAR Technologies, the company is in the final stages of discussions for additional projects that are expected to bolster its order book in the coming quarters. Additionally, significant orders in the Civil Nuclear Power sector are anticipated by the end of the financial year 2025.
About MTAR Technologies
MTAR Technologies is a leading precision engineering company catering to high-growth industries such as Clean Energy, Civil Nuclear Power, Aerospace, and Defence. With eight strategically located manufacturing facilities in Hyderabad, including an export-oriented unit, the company has built long-standing relationships with both Indian organisations and global original equipment manufacturers (OEMs) over the past four decades.
As MTAR Technologies continues to secure high-value contracts, the company is well-positioned to play a crucial role in India’s push for innovation in clean energy and advanced engineering solutions.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing
Investing consistently over time is a key principle in wealth creation. While a larger monthly investment seems like the obvious choice for accumulating wealth, the duration of investment plays a significant role in determining the final corpus. The question is: which strategy builds more wealth—a ₹5,000 monthly SIP for 30 years or a ₹15,000 monthly SIP for 20 years?
The answer lies in the concept of compounding. The longer an investment stays invested, the more it benefits from compound growth, where returns are reinvested to generate further earnings. Read More About What is SIP Investment?
Understanding Compound Growth
Compound interest ensures that an investor earns returns not just on their principal amount but also on previous gains. For instance, if ₹1 lakh is invested in a mutual fund with an annual return of 12%, it will generate ₹12,000 in the first year. However, in the 2nd year, returns will be calculated on ₹1,12,000 instead of just ₹1 lakh, and so on.
Over time, this compounding effect accelerates wealth accumulation. The longer the tenure, the more pronounced the impact of compounding.
Corpus from a ₹5,000 Monthly SIP for 30 Years
Total Investment: ₹18,00,000
Estimated Capital Gains: ₹1,58,49,569
Estimated Corpus: ₹1,76,49,569
By investing ₹5,000 every month for 30 years, the extended time frame allows the investment to compound significantly, resulting in a corpus of ₹1.76 crore. The output is derived from this calculator.
Corpus from a ₹15,000 Monthly SIP for 20 Years
Total Investment: ₹36,00,000
Estimated Capital Gains: ₹1,13,87,219
Estimated Corpus: ₹1,49,87,219
Although the investment amount is three times higher, the shorter tenure reduces the impact of compounding, leading to a lower corpus of ₹1.49 crore.
Why a Smaller SIP Over a Longer Tenure Wins
The comparison shows that a smaller SIP invested over a longer period can generate more wealth than a larger SIP for a shorter duration. This happens because:
Compounding Effect: Longer investment periods provide more time for compounding to work.
Lower Investment Burden: ₹5,000 per month is more manageable than ₹15,000, allowing consistent investing without financial strain.
Time Overcomes Market Volatility: A longer tenure helps mitigate short-term market fluctuations, averaging out returns.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.
Atlanta Electricals, a leading manufacturer of power, auto, and inverter duty transformers, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). The public issue consists of a fresh equity share issuance worth ₹400 crore and an offer-for-sale (OFS) of up to 38.11 lakh equity shares. The company aims to utilise the proceeds for debt repayment, working capital requirements, and general corporate purposes.
IPO Details and Fund Utilisation
The IPO will include a fresh issue of shares amounting to ₹400 crore, alongside an OFS component where existing stakeholders—Atlanta UHV Transformers LLP, Hemang Harendra Shah, Nimish Harendra Shah, Dhaval Harshadbhai Mehta, Gitaben Harshadbhai, and Jignesh Suryakant Patel—will divest a portion of their holdings. The funds raised will primarily be allocated towards repaying or prepaying outstanding borrowings, meeting working capital needs, and supporting general corporate activities. Motilal Oswal Investment Advisors Limited and Axis Capital Limited have been appointed as the book-running lead managers for the issue.
Company Overview and Market Position
With over 30 years of experience, Atlanta Electricals has established itself as a key player in India’s transformer manufacturing industry. The company supplies transformers ranging from 5 MVA/11 kV to 200 MVA/220 kV and is among the few manufacturers in India capable of producing transformers up to 200 Mega Volt-Amp (MVA) capacity with 220 kilovolts voltage, as per a CRISIL report. With a pan-India presence, the company continues to expand its reach in the power sector.
Conclusion
Atlanta Electricals’ IPO marks a significant milestone in its growth trajectory, providing an opportunity for investors to participate in the company’s expansion. With strong industry experience and a well-defined utilisation plan for the IPO proceeds, the company aims to strengthen its financial position and market presence.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
HDFC Life Insurance Company Limited is issuing NCDs worth up to ₹1,000 crore to raise funds for general corporate purposes. These NCDs will be listed on the NSE and have a 10-year tenure with an option for early redemption after 5 years.
Overview of the Fundraising Plan
HDFC Life Insurance Company Limited is planning to raise funds by issuing non-convertible debentures (NCDs) worth up to ₹1,000 crore. This is part of a larger fundraising strategy with an overall limit of ₹2,000 crore as previously approved by the company’s Board of Directors. The funds will be raised through a private placement of NCDs in dematerialised form.
Details of the Non-Convertible Debentures (NCDs)
The company will issue up to 90,000 NCDs, each with a face value of ₹1 lakh, totalling ₹900 crore. There is also an option to retain additional subscriptions worth ₹100 crore, bringing the total issuance to ₹1,000 crore. These NCDs will have a tenure of 10 years with the company having the option to redeem them after 5 years.
Purpose and Use of the Funds
The funds raised through this issuance, up to ₹1,000 crore, will be used for general corporate purposes. The NCDs are redeemable at maturity and there are no expected delays or defaults in the payment of interest or principal. This fundraising effort is aimed at strengthening the company’s financial position and supporting its growth initiatives.
About the Company
HDFC Life Insurance Company Limited is a leading life insurance provider in India, offering a wide range of insurance products and services. It is a joint venture between HDFC Ltd., a prominent housing finance company and Standard Life Aberdeen, a global investment firm. Known for its strong financial performance and customer-centric approach, HDFC Life provides solutions for life insurance, health insurance, retirement planning and wealth management, helping individuals secure their financial future.
HDFC Life Share Performance
As of February 06, 2025, at 10:35 AM, the shares of HDFC Life are trading at ₹633.85 per share, up 0.96% from yesterday’s closing price. Over the last month, the stock has surged by 4.60%. The stock’s 52-week high is ₹761.20 and its low is ₹511.40.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
