Skip to main content

Posts

Showing posts with the label IPO

Grow IPO - view details here

Grow is preparing for IPO launch in 2025, according to Business Standard. The company is planning to raise 6000 crore rupees in 2025 through IPO and reported a net loss of 805 crore in 2024. Currently, Grow is the biggest brokerage firm, surpassing even Zerodha, and also operates in direct mutual fund distribution. According to the company's website, Grow currently has over 50 million customers. In the last five years, the number of Demat accounts has nearly doubled, with a significant contribution from retail investors.  In December 2024, the SIP book also reached a level of 26000 crore, which is a record. This is the reason why companies like Grow have seen an increase in their customer base. But what course the market will take in the future and when the company decided to launch the IPO will only be known later, but for now, Grow is planning to launch an IPO in 2025. The price band and lot size will only be known after the draft offer. Before this offer, Grow is valuing its com...

UPCOMING IPO AND COMPANIES IN GREEN ENERGY SECTOR

UPCOMING IPO AND COMPANIES IN GREEN ENERGY SECTOR  THERE IS A GOOD NEWS FOR THE INVESTORS , WHO WANT TO INVEST IN GREEN ENERGY SECTOR AND WANT TO PURCHASE SHARES RELATED TO THESE COMPANIES. THERE ARE ABOUT DOZENS OF COMPANIES WANT TO LIST SOON IN THESE GREEN ENERGY SECTOR ON INDIAN EXCHANGES LIKE NSE & BSE. IN COMING NOVEMBER 2024, IPO OF NTPC GREEN WILL COME FOR ABOUT 1,000 CRORES. PSU WANT TO MAKE STORNG PRESENCE IN GREEN ENERGY SECTOR UNDER THIS GOVERNMENT. COAL INDIA, ONGC, SJVN, INDIAN OIL, LLC ETC. ARE IN THE LINE OF IPO. RESEARCHER LOBBY EXPECT THAT THESE IPO WILL BE FOR ABOUT 1000 OF CRORES. THESE ALL COMPANIES ARE INTERESTED TO TAKE ADVANTAGE OF LOWER TAX SLABS, WHICH IS ABOUT 15%. ALSO GOVERNMENT WANTS TO INCREASE RENEWALBLE ENRGY CAPACITY TO ABOUT 500 GW IN COMING FINANCIAL YEAR, SO FOR THAT PURPOUSE , STRONG PRESENCE OF PSU'S ARE RQUIRED IN THIS SECTOR. SO CLEARLY THESE SECTOR WILL RULE OTHER SECTORS WITH THE HELP OF FAVOURABLE GOVERNMENT POLICY AND FOCUS OF G...