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Showing posts with the label Indian IPO

Glass Wall Systems IPO

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  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.

Zepto IPO: Why Everyone Is Talking About India's Next Big Startup Listing

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Zepto IPO: Why Everyone Is Talking About India's Next Big Startup Listing India's quick-commerce leader Zepto is preparing for a major IPO, and it's already creating excitement in the market. According to reports, the company plans to raise $800 million (around ₹6,900 crore) and could list at a valuation of $5.1 billion . What has caught investors' attention is the reported participation of Norges Bank Investment Management and Motilal Oswal , reflecting strong interest from both global and domestic institutional investors. Zepto IPO: Quick Snapshot Particular Details IPO Size                               Around $800 million Expected Valuation                               $5.1 billion Reported Investors                          ...