Preeti Kapoor

  German Green Steel & Power IPO – Quick RHP Analysis   Business & Sector The company is into steel manufacturing , mainly TMT bars. Steel is a cyclical business, so margins can change with steel prices and demand. Financials look positive Profit increased from ₹41.7 Cr (FY24) → ₹59.9 Cr (FY25) → ₹79.9 Cr (FY26) . FY26 ROCE was around 20% . Valuation IPO price band is ₹132–₹139 . With FY26 EPS of ₹14.91 , the IPO is valued at roughly 8.9x–9.3x P/E . The RHP peer range is quite wide, so the important question is not just growth, but whether this valuation is justified by the company's future growth and profitability . Promoters Promoters are involved in the business, but there are promoter guarantees against certain borrowings , which investors should keep an eye on.  Liabilities/Risks The company has working-capital borrowings and bank guarantees. So, the balance sheet is not completely risk-free . Overall Financial growth looks encouraging a...

  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...