Independent Research on Mutual Funds, Stocks & IPOs for Indian Investors

IPO Analysis | Nasdaq Global Select Market | Primary and Secondary Offering | SEC Form S1 Based on Form S1 Registration Statement filed with the SEC | Frontier AI Development | San Francisco, United States STATUS: FORM S1 FILED | Primary and Secondary Offering | Ticker: ANT (Pending) | Nasdaq Global Select Market | Price Range: [TBD] | All Figures in USD Millions Unless Stated Anthropic, PBC is a Delaware public benefit corporation, incorporated in Januar

Shellz India Limited is engaged in the manufacturing and marketing of confectionery products in India, with a diversified product portfolio comprising over 300 SKUs across categories including choco delights, jellies, baked treats and other confectionery formats. The company also manufactures and supplies food and bakery ingredients, and markets its consumer products under two brands, Hugs and Tosca. The flagship Hugs brand is positioned largely at mass market price points, w

Zetwerk Manufacturing Businesses Limited, widely known as Zetwerk, describes itself as a technology led, asset light manufacturing platform driving production of industrial goods, both in India and globally. The company aggregates manufacturing capacity across a network of third party suppliers and its own facilities into what it calls a universal factory, unified through its proprietary technology backbone, Zetwerk OS. Its customers range from innovative startups to mature c

Tonbo Imaging India Limited is a global defence electronics original equipment manufacturer (OEM). The company designs, develops and manufactures sensing, processing, communication and guidance systems used for surveillance, reconnaissance, targeting and control, including thermal imaging cores, weapon sights, hand held thermal imaging binoculars, targeting systems, missile seekers, fire control systems and missile guidance systems. As per an industry report cited in the RHP,

Bonfiglioli Transmissions Limited is one of India's largest technology led mechanical and electro mechanical power transmission and industrial drive solutions providers by revenue, as per an industry report cited in the RHP. The company manufactures a wide range of mission critical, precision engineered gear motors, gearboxes and drive systems used across diverse end user markets. It operates under the Bonfiglioli brand, which has a worldwide presence of nearly 70 years and m

Sahajanand Medical Technologies Limited, commonly known as SMT, is a global medical devices company specialising in cardiovascular and endovascular interventional products. According to an industry report cited in the RHP, the company holds a leading market share of nearly 25.00% by sales volume in the drug eluting stent (DES) market in India in Fiscal 2026, and is among the top five companies by sales volume of DES in Germany, Spain, Poland and Brazil, and of Occluders in Th

Ravita Engineering Services Limited is an engineering solutions company engaged in Engineering, Procurement, Installation and Commissioning (EPIC) of heating, ventilation and air conditioning systems, central air conditioning solutions, air flow systems, chiller plants, industrial compressors, cooling equipment and other related electromechanical equipment on a turnkey basis for commercial and industrial establishments, including offshore rigs and platforms. The company also

Fusion CX Limited is a customer experience (CX) service provider delivering services across voice, email, chat, social media and messaging channels, with technology playing a central role in its service delivery model. The company also provides AI Data Infrastructure Services, including data collection, data annotation and labelling, and teleoperations services. It focuses on key verticals including telecom and other utilities, high tech growth and travel, BFSI, retail and he

Vaibhav Vyapaar Limited is a Non Banking Financial Company registered with the Reserve Bank of India. The company provides unsecured personal loans to salaried and self employed individuals through a fully digital lending platform, operating both on a direct lending basis and through co lending arrangements with other NBFCs. It also earns revenue by offering its application and technology services to other NBFCs. The company offers personal loans under the brand LoanFront, th