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

IPO Analysis | BSE and NSE Main Board | 100% Book Built Issue (Pure Fresh Issue) | Regulation 6(1) Based on Red Herring Prospectus dated July 23, 2026 | Renewable Energy Independent Power Producer (Solar, Wind, WSH and FDRE) | New Delhi STATUS: LIVE RHP, ANCHOR BID JULY 29, BIDDING OPENS JULY 30 AND CLOSES AUGUST 3, 2026 Pure Fresh Issue Aggregating up to Rs.18,000.00 Million (Rs.1,800 Crore) | No Offer for Sale | Main Board Listing on Both BSE and NSE Among Top 10 Largest Re

IPO Analysis | BSE SME | 100% Book Built Offer (Fresh Offer and Offer for Sale) | Regulation 229(2) and 253(1) Based on Draft Red Herring Prospectus dated September 28, 2025 | Hygiene Products (Sanitary Napkins and Diapers) | Rajkot, Gujarat STATUS: DRHP FILED | PRE-SEBI OBSERVATION STAGE | ALL BID DATES AND PRICE BAND TO BE DETERMINED Fresh Offer: up to 49,05,600 Equity Shares | Offer for Sale: up to 12,25,600 Equity Shares by 4 Promoters | Total: up to 61,31,200 Equity Shar

IPO Analysis | NSE and BSE Main Board | 100% Book Built Offer (Fresh Issue and Offer for Sale) | Regulation 6(1) Based on Draft Red Herring Prospectus dated March 23, 2026 | Multispecialty Hospital Network | Bengaluru, Karnataka STATUS: DRHP FILED | Fresh Issue: up to Rs.80,000 Million | Offer for Sale: up to 43,227,668 Shares | Regulation 6(1) | NSE and BSE Main Board | Pre-SEBI Observation Stage | Largest Hospital Network by Bed Capacity in India | 4

IPO Analysis | BSE SME | 100% Book Built Issue (Pure Fresh Issue) | Regulation 229(2) and 253(1) Based on Red Herring Prospectus dated July 22, 2026 | Precision Engineering (Aluminium Die Casting and Machining for Automotive and EV) | Pune, Maharashtra STATUS: LIVE RHP, ANCHOR BID JULY 27, 2026, BIDDING OPENS JULY 28 AND CLOSES JULY 30, 2026 Pure Fresh Issue of up to 53,10,000 Equity Shares | No Offer for Sale | BSE SME Platform RoNW of 23.21% (FY26) is well above all 3 liste

IPO Analysis | NSE Emerge | 100% Book Built Offer (Fresh Issue and Offer for Sale) | Regulation 229(2) Based on Red Herring Prospectus dated July 21, 2026 | Trade Show and Exhibition Booth Rental and Manufacturing | Mumbai, Maharashtra STATUS: LIVE RHP, BIDDING OPENS MONDAY JULY 27 AND CLOSES WEDNESDAY JULY 29, 2026 Fresh Issue: up to 33,40,000 Equity Shares | Offer for Sale: up to 8,00,000 Equity Shares by 2 Promoters | Total: up to 41,40,000 Equity Shares NSE Emerge Platfor

IPO Analysis | BSE SME | 100% Fixed Price Issue (Pure Fresh Issue) | Regulation 229(1) and 253(3) Based on Prospectus dated July 20, 2026 | Forged and Precision Machined Steel Components | Rajkot, Gujarat STATUS: LIVE FIXED PRICE ISSUE, BIDDING OPENS MONDAY JULY 27 AND CLOSES WEDNESDAY JULY 29, 2026 Pure Fresh Issue of 25,29,600 Equity Shares at a Fixed Price of Rs.95.00 per Share | Gross Proceeds Rs.2,403.12 Lakhs | No Offer for Sale BSE SME Platform | RoNW of 30.33% (FY26)

SME IPO Analysis | BSE SME Platform | 100% Book Built Issue (Fresh Issue Only) | Regulation 229(2) Based on Red Herring Prospectus dated July 18, 2026 | Amusement Parks and Leisure Entertainment | Chalakudy, Thrissur, Kerala STATUS: RED HERRING PROSPECTUS FILED (Live Offer) | Fresh Issue: up to 61,98,000 Shares (No Offer for Sale) | Bid/Issue Opens: July 24, 2026 | Bid/Issue Closes: July 28, 2026 | Highest RoNW Among Disclosed Peers (FY2026) | All Figures

IPO Analysis | NSE and BSE Main Board | 100% Book Built Issue (Fresh Issue Only) | Regulation 6(1) Based on Red Herring Prospectus dated July 16, 2026 | IT Systems Integration and Managed Services | Bhopal, Madhya Pradesh STATUS: RED HERRING PROSPECTUS FILED (Live Offer) | Fresh Issue: up to Rs.17,000 Lakhs (No Offer for Sale) | Bid/Issue Opens: July 23, 2026 | Bid/Issue Closes: July 27, 2026 | Highest RoNW Among Disclosed Peers (FY2026) | Order Book: Rs.3

IPO Analysis | NSE and BSE Main Board | 100% Book Built Offer (Fresh Issue and Offer for Sale) | Regulation 6(1) Based on Red Herring Prospectus dated July 17, 2026 | Precision Engineering (Metal Injection Molding) | Bengaluru, Karnataka STATUS: RED HERRING PROSPECTUS FILED (Live Offer) | Fresh Issue: up to Rs.5,000 Million | Offer for Sale: up to 68,291,022 Shares | Bid/Offer Opens: July 23, 2026 | Bid/Offer Closes: July 27, 2026 | No Domestic Listed Peer