TNA Solutions Limited is engaged in the manufacturing of value-added home textile products, including sheet sets, pillow covers, towels and top-of-bed products, for domestic and international customers.
Amount Raised: ₹10.75 Crore
Price/Share: ₹70 Per Share
IPO Dates: 30th September, 2026 – 06th October, 2026
#TNASolutionsLimited #SMEIPO #AnchorAllocation
📢 TNA Solutions Ltd, backed by renowned investor, Anil Kumar Goel, Successfully closes Anchor Book
TNA Solutions Limited is engaged in the manufacturing of value-added home textile products, including sheet sets, pillow covers, towels and top-of-bed products, for domestic and international customers.
💰Anchor Allotment Details
The company raised ₹10.75 Cr by issuing 15,36,000 Equity shares at ₹70 per share to 9 anchor investors.
🔹 Anchor Investors
1️⃣ CP Capital Limited
2️⃣ Generational Capital Breakout Fund
3️⃣ Viney Growth Fund
4️⃣ CCV Emerging Opportunities Fund-I
5️⃣ Smart Horizon Opportunity Fund
6️⃣ Profes Multi Opportunity Fund Series - 1
7️⃣ Finavenue Growth Fund
8️⃣ Shine Star Build Cap Pvt Ltd
9️⃣ Vikasa India EIF
📜 For more details, please refer to the official BSE IPO page:
https://www.bseindia.com/markets/publicissues/displayipo?id=4873&type=IPO&idtype=1&status=F&IPONo=8023&startdt=30%2F09%2F2026
📌 Regards,
Kirin Advisors Private Limited
Swastika Infra listed today
Something worth noting: Growth May Accelerate Ahead
The past 3 years have been strong:
📈 Revenue: FY24: ₹188 Cr → FY26: ₹488 Cr
~61% CAGR
📊 EBITDA: FY24: ₹24 Cr → FY26: ₹71 Cr
~73% CAGR
💰 PAT: FY24: ₹14 Cr → FY26: ₹41 Cr
~72% CAGR
But the bigger story could be ahead. 👀
Based on FY27 working capital requirements:
🔹 Revenue potential: ~₹794 Cr
🔹 EBITDA potential: ~₹112 Cr
🔹 Order Book: ~₹1,119 Cr
This implies:
📌 FY27 Revenue growth: ~63% YoY
📌 FY27 EBITDA growth: ~58% YoY
Estimated FY27 growth trajectory remains higher than its already strong historical performance, supported by a growing order book and execution pipeline.
Growth is shifting from proven track record → scalable opportunity. 🚀
Growth estimated basis WC projections mentioned in RHP, current WC turnover, current order book to revenue ratio
Konexio Network Insight presents: FlySBS Aviation Limited
From a wet lease capacity reseller to a high-margin private aviation operator - explore FlySBS Aviation’s dry lease pivot, international charter focus, operating leverage and post-IPO expansion strategy.
Read the complete analysis:https://tinyurl.com/5879hp4x
Paramount Syntex 👀
A 30-year-old textile manufacturer with an integrated setup across fibre processing, dyeing, spinning, bulking and packing, Paramount Syntex has built a diversified portfolio spanning acrylic, polyester, nylon, wool and blended yarns.
The financial trajectory is what catches attention:
Revenue ₹92.8 Cr → ₹122.0 Cr in FY24–FY26
PAT +106% YoY
EBITDA +79% YoY
EBITDA Margin 19.33%
PAT Margin 11.36%
ROE 32.5% | ROCE 29.18%
With 88.77% FY26 capacity utilisation and ₹61.68 Cr earmarked for machinery expansion, the company is positioning itself for the next phase of capacity growth.
And then comes the demand 👀
119.29× QIB subscription on Day 1.
When a business combines stronger profitability, healthy return ratios, integrated manufacturing and significant institutional demand, Paramount Syntex is certainly a company investors will be watching closely.
IPO: ₹81.79 Cr | ₹119–₹127 | BSE SME | Sep 30–Oct 6
SRIT India Limited has successfully closed its IPO.
Subscription Details:
QIB – 91.84x
NII – 312.99x
Ind Inv – 63.70x
Total – 125.16x
#IPO #SRITIndiaLimited #IPOClosed
Insane IPO Data from Prime Database
H1FY27: Startling Stats
- 78 Indian corporates raised an all-time high of Rs. 94,205 crore through main board IPOs in H1FY27, +35% YoY
- OFS by Promoters at 28% of Total amount raised, OFS by PE/VC investors at 9313 Cr (10% of Total)
- Amount of fresh capital raised in IPOs in the first half of 2026-27 was ₹38,510 crore or 41% per cent of the total amount.
- 42% of the amount raised through fresh capital was for Retirement of Debt followed by Expansion/New Project/Plant & Machinery (21%) and General Corporate Purpose (12%)
- Overall equity fundraising (IPO, QIPs etc) up 75% at 2.43 lakh crore, QIPs were about 61553 Cr in H1, +36% YoY
- Of the total equity mobilisation of 2.43 lakh crore, fresh capital amount was 1.14 lakh crore (47% vs 68% last year); Remaining 1.29 lakh crore were offers for sale.
- Average retail oversubscription too stood at 29 times in comparison to 23 times last year.
- Anchor investors collectively subscribed to 32% of the total public issue amount, Domestic MFs at 14%, FPIs at 11%
- 46 of the 64 IPOs (or 72 per cent) were trading above the issue price
- Average return of the 64 IPOs has been a respectable 32%
Outlook for second half of 2026-27
- 145 companies proposing to raise around 2.78 lakh crore are presently holding SEBI approval, waiting to hit the market
- 102 companies looking to raise around 1.87 lakh crore are awaiting SEBI approval
Pranav Haldea Says:
- Given the supply side pressure with approvals now starting to lapse and with demand coming in both from domestic and foreign investors, despite volatile markets, the remaining part of the year should see several more issuances
Konexio Network Insight presents: Afcom Holdings Limited
From a regional cargo operator to an emerging long-haul air freight player - explore Afcom’s dedicated freighter model, MGR-backed revenue architecture, margin expansion and plans for Boeing 777-8F wide-body operations.
Read the complete analysis: https://tinyurl.com/2r5s7xpj
Rambhajo arrives in the capital ✨
Advit Jewels is bringing the Rambhajo brand to New Delhi, its first step beyond Rajasthan. Our handcrafted Kundan, Polki and Jadau jewellery, shaped by a Jaipur legacy since 1921, will soon be closer to discerning Delhi NCR customers.
Current Infraprojects Limited Secures ₹4.89 Cr Solar EPC Order from Border Security Force
Current Infraprojects Limited has secured a ₹4.89 Cr Letter of Award (LoA) from the Border Security Force (BSF) for the installation and commissioning of 25 kWp off-grid solar power plants across 16 Border Out Posts (BOPs) under FTR HQ BSF Gujarat, including RCC-framed battery room structures
Key Highlights:
- Order Value: ₹4.89 Cr
- Project: 25 kWp off-grid solar power plants
- Coverage: 16 Border Out Posts (BOPs)
- Client: Border Security Force (BSF)
- Start Date: October 8, 2026
- Completion Period: 12 months from the date of LoA
- Scope: Installation, testing, commissioning and RCC-framed structures for battery rooms
Strengthening Renewable Energy Execution:
The order strengthens Current Infraprojects Limited’s solar EPC portfolio and renewable energy project pipeline, while expanding its execution footprint in government-led clean-energy projects
The project reflects CIPL’s commitment to expanding clean energy
Current Infraprojects Limited Secures ₹44.76 Cr Solar Rooftop EPC Order from Jaipur Vidyut Vitran Nigam Limited (JVVNL)
Current Infraprojects Limited has secured a ₹44.76 Cr Letter of Award from Jaipur Vidyut Vitran Nigam Limited (JVVNL) for grid-connected rooftop solar plants for 8,000 consumers under the PM-Surya Ghar: Muft Bijli Yojana
Order Highlights:
- Order Value: ₹44.76 Cr, including GST
- Consumers: 8,000
- System Size: 1.1 kWp per consumer
- Scope: Solar EPC + O&M
- Execution Period: 6 months
- O&M: 5 years + additional 5 years
Growth Impact:
- Strengthens CIPL’s rooftop solar EPC portfolio
- Adds a sizeable project to its renewable energy order pipeline
- Provides long-term O&M revenue visibility
- Expands exposure to government-led solar programmes
- Bolsters the order book for FY27
Strategic Takeaway:
It demonstrates CIPL’s commitment to expanding clean energy access across households while strengthening its presence in India’s rooftop solar and renewable energy ecosystem under the PM
Nityas Gems and Jewellery Limited's IPO closed today.
#Subscriptionstatus
QIB: 1.06 Times | NII: 2.05 Times | RII: 4.04 Times | Employee: 2.82 Times | Total: 2.25 Times
#IPO #NityasGemsandJewelleryLimited #Subscription
SJP Ultrasonics Limited IPO 🚀
📌 IPO Subscription Update
• Total Procurement: ₹41.69 Cr
• Overall Subscription: 1.78 Times
• NII Subscription: 2.63 Times
• Individual Investors: 1.00 Times
• Market Maker: 1.00 Times
🎉 SJP Ultrasonics Limited has successfully closed its IPO with total procurement of ₹41.69 Cr. The issue received an overall subscription of 1.78 times, reflecting participation from investors across different categories.
📈 The NII category recorded the highest subscription at 2.63 times, while Individual Investors subscribed 1.00 times and the Market Maker portion stood at 1.00 times.
🙏 Thank You, Investors!
#MotilalOswal on Jio Platforms IPO & Bharti
Jio IPO at ₹11 lakh crore could potentially act as a re-rating catalyst for Bharti.
JPL’s proposed valuation implies ~12x FY28E EV/EBITDA, versus ~10.3x for Bharti’s India business.
There is no case for a significant discount for Bharti vs Jio
Bharti also offers exposure to Indus Towers, Airtel Africa, data centres through Nxtra and financial services through Airtel Money, strengthening the case for valuation parity.
Maintains BUY on RIL & BHARTI - holdco discount for Ril in the price
Acc to Bloomberg, Jio Platforms is reportedly seeking an IPO valuation of ₹11 lakh crore ($114 billion), in line with MOSL expectation of ₹11.2 lakh crore
Post listing, RIL’s 66.4% stake could attract a holdco discount, but analysts believe the stock is already factoring in an 18–36% discount.
The delay in tariff hikes has been a key reason for muted performance in Bharti and RIL, which are down 15% and 23% YTD, respectively, versus 13% for the Nifty.
JPL’s IPO and Vi’s impending fundraise strengthen the case for a tariff hike.
Analysts now build in a ~15% smartphone tariff hike in December 2026.
BUY ratings reiterated on both Bharti and RIL, with the risk-reward seen as compelling.
RIL TP 1530
Bharti TP at 2250
#Telecom #JioIPO #bharti #CNBCTV18 @CNBCTV18Live #StocksToWatch
Swastika Infra has secured its largest-ever single order worth ₹615.76 crore from MSEDCL for power distribution infrastructure works in Maharashtra.
Largest order in company history: ₹615.76 crore, equivalent to ~1.2x FY26 revenue of ₹504 crore.
Order book jumps sharply: Unexecuted order book has doubled from ₹687 crore in March 2026 to ~₹1,400 crore, providing ~2.8x FY26 revenue visibility.
ADB-backed project: The project is funded by the Asian Development Bank, aligning with Swastika’s strategy of targeting institutionally funded power projects.
Moving up the value curve: The win strengthens its credentials for larger and more complex T&D projects, particularly after its recent IPO fundraise.
New geography: Entry into Maharashtra expands its execution footprint, which now spans 9 states.
Key takeaway: A ₹616 crore record order + ~₹1,400 crore order book changes Swastika’s execution scale materially, with the current backlog now approaching 3x annual revenue.
Shyam Dhani Industries Limited Strengthening Its Position in India’s Quality-Driven Spice Market
FSSAI’s intensified food-safety checks are placing greater emphasis on adulteration, pesticide residues and product quality, highlighting the growing importance of organised spice brands such as Shyam Dhani Industries Limited, with its established focus on quality, purity and traceability
Key Highlights:
- Rising food-safety focus is increasing awareness of purity and quality
- Spices face growing scrutiny over adulteration and pesticide residues
- IPM-based sourcing and ETO-free spices
- In-house testing of raw materials and finished products
- Independent laboratory validation of multiple batches
- 100% batch-level traceability
- ISO 22000:2018, FSSAI and AGMARK certified
Growth Impact:
- Strengthens Shyam Dhani’s quality and purity-led positioning
- Supports the shift towards trusted packaged spice brands
- Builds consumer confidence through testing and traceability
-Creates potential advantage for organised