Preeti Kapoor

  Moneyview IPO  — I went through the RHP. Here’s my simple view. Moneyview is not just a loan app. It is a digital lending platform , with personal loans as its main business. Growth looks strong • Revenue: ₹2,339 Cr → ₹3,351 Cr • Loan disbursals: ₹17,621 Cr → ₹23,099 Cr • FY26 reported profit: ₹243 Cr  One important point — ₹160 Cr CEO incentive FY26 profit was impacted by a one-time ₹160 Cr incentive paid to CEO Puneet Agarwal . This was a performance/long-term value-linked incentive and was recognised as an expense in FY26. So, on a simplified basis: ₹243 Cr reported profit + ₹160 Cr one-time expense = ~₹403 Cr adjusted profit This makes the valuation look different. But the important question is: Will such a large payout recur in the future, and was it justified by the value created?  Valuation at ₹34 • Market Cap: ~₹5,985 Cr • Reported P/E: ~21.7x • P/B: ~2.3x • Adjusted P/E: ~15x The valuation doesn't look extremely expensive on ...

I went through the NSE RHP, and honestly, this is not a typical IPO story. What stands out? 🔹 Strong business moat: NSE has massive scale and around 51% global share in equity-derivatives contracts. 🔹 Excellent profitability: FY26 EPS ₹41.62 and RoNW 33.21%. The business has maintained strong profitability. 🔹 Ownership structure: NSE does not have an identifiable promoter . It is a widely held market-infrastructure company, so the usual promoter holding analysis is not directly applicable here. 🔹 100% OFS: Existing shareholders are selling their shares; NSE itself is not raising fresh capital through the IPO. 🔹 Valuation: At ₹1,785, NSE is valued at roughly 43x FY26 earnings — not cheap, but below BSE’s RHP-reported 54.3x P/E. 🔹 Key risks: High dependence on derivatives, regulatory changes and technology/cybersecurity risks. My takeaway: NSE looks like a high-quality and highly profitable market-infrastructure business, but the IPO comes at a premium valuation. The bigger ...

  Glass Wall Systems IPO — My Quick Take Went through the RHP of Glass Wall Systems .At first glance, the numbers look impressive: Revenue: ₹304 Cr → ₹457 Cr (FY24–FY26) PAT: ₹20 Cr → ₹84 Cr EBITDA Margin: ~23% ROCE: ~43% Debt/Equity: ~0.03x Fresh issue: ₹60 Cr, with ~₹50 Cr for a new Glass Processing Unit. But a few things make me cautious • Top 10 customers = ~86% of revenue • 45% revenue comes from international business • Receivables ~₹109 Cr • RHP highlights related-party & historical accounting/control issues . Valuation = Fair to Slightly Expensive At ₹182, valuation is ~18x FY26 earnings My view: Good business + strong financials, but risks need to be watched. Not an investment recommendation. Do your own research.

  Indo-MIM IPO: A Strong Manufacturing Bet or an Expensive Opportunity? The Indo-MIM IPO has caught investors' attention for all the right reasons. As one of the world's leading Metal Injection Moulding (MIM) manufacturers, the company supplies precision components to industries like defence, aerospace, medical devices, automotive, and industrial engineering . Its strong export business and consistent financial growth make it a company worth watching. IPO Snapshot Particulars Details Issue Size ₹3,811.21 Crore Price Band ₹461–₹485 per share Lot Size 30 Shares IPO Opens 23 July 2026 IPO Closes 27 July 2026 Listing NSE & BSE Why Investors Like Indo-MIM Global leader in Metal Injection Moulding (MIM). Around 77% of revenue comes from exports , giving it a strong international presence. Serves high-growth sectors like defence, aerospace, healthcare, and EVs. Healthy revenue and profit growth over the last few years. Things to Keep in Mind A major part of the IPO is an Offer f...

  Caliber Mining & Logistics IPO GMP: Should You Apply? The Caliber Mining & Logistics IPO has become one of the most talked-about IPOs this week. A strong Grey Market Premium (GMP) and positive investor interest have put it on many investors' watchlists. But does it deserve a place in your portfolio? IPO at a Glance IPO Size: ₹450 Crore Price Band: ₹402–₹424 per share Lot Size: 35 shares Minimum Investment: ₹14,840 Latest GMP The IPO is currently commanding a healthy GMP of around ₹105–₹118 , indicating an expected listing gain of nearly 25–28% . Remember, GMP reflects market sentiment and can change before listing. ( m.economictimes.com ) What Does the Company Do? Caliber Mining & Logistics provides mining and transportation services, mainly for the coal sector. Its business includes mine development, coal extraction, and logistics support for government-linked mining companies. Should You Apply? The company has shown improving financial performance, and the stro...