NSDL Annual Report 2023-2024

 Please click 

https://nsdl.co.in/downloadables/pdf/NSDL_Annual_Report_2023-24.pdf

 Blog Comments

Some   shares of NSDL  are available for Sale / Purchase with Dealers of Rare Indian Shares

 

 

 

3 Shares for Investment in 2025-Moneycontrol link

 Please click;-

https://www.moneycontrol.com/news/business/markets/chartist-talks-sudeep-shah-of-sbi-securities-explains-why-he-advises-buying-these-3-stocks-for-2025-but-bearish-on-fmcg-index-12899679.html

ICEX Recognition News-- Business Standard Link

   Please click ;-

https://www.business-standard.com/markets/news/icex-formally-exits-bourse-biz-as-sebi-notifies-withdrawal-of-recognition-124122700920_1.html?utm_source=newsletter&utm_medium=email&utm_campaign=daily_newsletter

 Face Value per share is Rs 5. PLEASE RECHECK THIS

Blog Comments

Some   shares of Indian Commodity Exchange are available for Sale / Purchase with Dealers of Rare Indian Shares

 ---------------

OLD POST

October 26, 2023

Indian Commodity Exchange -2022-2023- Annual Report

 Please click ;

https://www.icexindia.com/docs/default-source/financials/notice-of-15th-agm-and-annual-return-2022-2023.pdf?sfvrsn=82f9916e_4

SAN Engineering and Locomotive 2023-2024 Annual Report

 Please click ;-

https://www.san-engineering.com/wp-content/uploads/2024/08/San-Engineering-2024.pdf

Blog  Comments

 Some shares of San Engineering and Locomotive are available for Sale / Purchase with  Dealers of Rare Indian Shares

-------------------

OLD POSTS

 

February 19, 2022

SAN Engineering and Locomotive Co. Annual Report 2020-2021

 Please click ;-

http://www.san-engineering.com/wp-content/uploads/2018/12/FINANCIAL-STATEMENTS-OF-THE-COMPANY-YEAR-2020-21-1.pdf 

.

-

Old Posts

February 18, 2022

SAN Engineering and Locomotive Co. News 2021 - 2022 - Messge Received From an Investor

Blog Disclaimer ; Message as Received . Please Recheck Independently also

Message

Please click ;-

https://www.railvolution.net/news/russian-ministry-supports-stm-s-project-in-india  

https://www.youtube.com/watch?v=R9hBDHRMVXo

-----------------

December 30, 2016

San Engineering and Locomotive Co. Ltd

San Engineering and Locomotive Co. Ltd was incorporated in 1969  as Suri And Nayar Engineering and Locomotive Co. Ltd.  by two railway engineers Suri and Nayar. 

INE031H01012

The present Promoters took over the Company in mid 1980 .
-------------

Around 2005 , the share may have been quoting around Rs.80/ Share ( Please Recheck )
Source : http://www.bseindia.com/stock-share-price/san-engineering--locomotive-coltd/saneng/505155/
-----------------

In 2006 , there was a Buy back / Delisting exercise   from BSE 

Security Code : 505155    Company : SANENG
San Engineering - Public Announcement for proposed acquisition & delisting of equity shares 03 Apr 2006 14:41 Canara Bank ("Manager to the Offer"), on behalf of Sri. Subhash K Thakker HUF and M/s. Sonmit Investments Pvt Ltd ("Acquirers" / "PAC"), has issued this Public Announcement ("PA") in respect of the proposed acquisition and delisting of the fully paid-up equity shares of San Engineering & Locomotive Company Ltd ("Target Company") pursuant to the Securities and Exchange Board of India (Delisting of Securities), Guidelines, 2003 (the "Delisting Guidelines" / "Guidelines") as below: The Offer The Acquirers hereby invites the public holders of the fully paid-up equity shares of the Target Company (being all holders other than the Acquirers) ("Shareholders"), to tender to the Acquirers, all of their equity shares in the Target Company, being 10,94,853 equity shares of Rs 10/- each as at March 24, 2006, representing 52.47% of the Equity Share Capital of the Target Company (the "Shares"). The Floor price is Rs 33/- per share as determined. Schedules of Activities : Public Announcement : March 29, 2006 Bid Opening Date : April 04, 2006. Bid Closing Date : April 07, 2006. Last Date for Shareholders of Physical Share Certificates to tender their Shares#: April 27, 2006. Final Settlement Date (Shares in Physical Form)#: May 03, 2006. #: subject to acceptance of the Discovered Price by the Acquirers. credit http://www.bseindia.com/corporates/anndet_new.aspx?newsid=aea1c296-4e39-4871-8659-415df39f1dc3

In 2006 ,share capital was around Rs. 2 cr 10 Lakh ( share Rs. 10 paid up )

The Floor price for buy back  was Rs. 33 /-

------------

Presently , SAN Engineering is doing very well

http://www.businesstoday.in/magazine/special/india-best-smes-2015-san-engineering-and-locomotive/story/223927.html 
http://www.san-engineering.com/
--

official site 

http://www.san-engineering.com/

----------

Watch Video of SAN Engine on Darjeeling Railway Line.

https://www.youtube.com/watch?v=GTv0LOX7zGY
.

 

 

 

Our deepest condolences

Our deepest condolences to Dr Upinder Singh . my college class mate ,and all the members of her family, on the passing away of her father, Dr Manmohan Singh ji

Pre-IPO Basket -Top Picks by Altius Investech MESSAGE recived

 

Blog Disclaimer Message as Received .Please Recheck Independently also

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MESSAGE

 

Christmas Top Picks by Altius Investech - Unlock Your Pre-IPO Basket Today!   ­ This festive season, let your investments shine brighter than ever with Altius Investech’s handpicked Christmas Top Picks!   What’s in the basket? Indofil Industries: ₹70,750 ASK Investment: ₹92,082 OYO Rooms: ₹57,000 Spray Engineering: ₹33,900   Gross Basket Value: ₹2,53,732 Special Prices for Pro Investors!   Limited-Time Offer: Use code SANTA500 for ₹500 off. 30% OFF on all Pro Plans till 31st December 2024! Why go Pro? Early access to exclusive investments Additional discounts on baskets Expert insights to guide your financial journey   This Christmas, add the gift of wealth to your celebrations!    For any assistance, feel free to contact our support team at +918240614850 or support@altiusinvestech.com   Thank you for choosing Altius Investech. Warm regards, Team Altius Investech Pre-IPO | Private Equity

­ Click here to invest! ­ ­ Download the Altius App! ­

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Altius Investech P Ltd 73A, G.C Avenue 2nd Floor Room No - 204 Kolkata - 700013 support@altiusinvestech.com

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Metropolitan Stock Exchange to Raise Capital - Attempts to Revive Itself - Busiiness Standard Link

 Please click '-

https://www.business-standard.com/markets/news/metropolitan-stock-exchange-to-raise-rs-120-cr-in-fresh-attempt-at-revival-124122500504_1.html?utm_source=newsletter&utm_medium=email&utm_campaign=daily_newsletter

 Share is Re 1 paid . Please Recheck this

--------

OLD POST

 

December 21, 2024

Metropolitan Stock Exchange - 2023-2024- Annual Report

 Please click ;-

https://www.msei.in/SX-Content/common/Financial-Results---MCX-SX/Annual-Reports/2024/November/Notice-and-Annual-Report-2023-24.pdf

 Blog Comments

 Some shares of Metropolitan Stock Exchange are available for Sale / Purchase with Dealers of Rare Indian Shares.

Axles India-2023-2024-Annual Report

 Please click ;-

https://axlesindia.com/pdf/annual-report-2024.pdf

Official site

https://axlesindia.com/index.html

 Blog Comments ;  Some shares of Axles India are available , for sale / purchase ,with Dealers of Rare Indian Shares

Altius Investech CSK Chennai Super Kings - Rerating Analysis -Message Received

Blog Disclaimer Message as Received .Please Recheck Independently also

---------------------

MESSAGE

 

 
A Game-Changer in IPL Franchise Valuations

 

The IPL ecosystem is buzzing as CVC Capital Partners considers selling its majority stake in Gujarat Titans, with Torrent Group likely to acquire it at a valuation of $1-$1.5 billion.


Why it matters:

 

    Setting New Benchmarks: This deal could redefine IPL franchise valuations.
    Ripple Effects: Legacy teams like Chennai Super Kings (CSK) could command even higher valuations.
    CSK Advantage: With its legacy, global fanbase, and consistent performance, CSK is poised to benefit from this shift.

 

The IPL's growth story continues, solidifying its place as a prime investment opportunity.

 

What’s your take on IPL franchises as the next big asset class? Share your thoughts!

 

#SportsBusiness #Cricket #IPL #CSK #GujaratTitans
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Blog Comments ;  Some   shares of CSK 10 paise paid up  are available , for sale / purchase ,with Dealers of Rare Indian Shares

    

 

Tata Capital IPO in Pipeline

 Please click ;-

https://economictimes.indiatimes.com/markets/ipos/fpos/work-starts-on-2-billion-tata-capital-ipo/articleshow/116613380.cms?from=mdr

https://www.moneycontrol.com/news/business/markets/tata-investment-shares-jump-7-mild-gain-in-tata-chemicals-tata-motors-as-tata-capital-s-mega-ipo-work-begins-12896557.html 

Blog Comments ;  Some pre IPO  shares of Tata Capital  are available , for sale / purchase ,with Dealers of Rare Indian Shares

C and S Electric -Oct 2023- Sept 2024 Annual Report

 Please click ;-

https://cselectric.co.in/wp-content/uploads/2024/12/Annual-Report-2023-24-CS.pdf

 Blog Comments ;  Some shares of C and S Electric are available , for sale / purchase ,with Dealers of Rare Indian Shares

----------

 General Warning : Investment in Shares Can be Injurious to Your WEALTH

Disclosure : The Blog writer in his / family names has  holdings in this Company So please make suitable " provisions " for any likely Over Optimism

NB :All information given in good faith. Please recheck every point before taking any investment decision. No responsibility with this Blog or Blog Writer

MERRY CHRISTMAS

 

Moment of Great Pride

Memorable Moment of Great Pride

Dewan Brij Kumar IFS ( Maternal Uncle - Mamaji of the blog writer) and Mrs. Pushpa ( Maternal Aunt -Mamiji)  with the Pope. Dewan Brij Kumar was India's Ambassador to the Vatican.

( Dewan Sahib went on  to become  India's First  Consul General in Chicago and later India's High Commissioner to Maldives )

 

My family's gratitude to Christianity

My late maternal grandfather , Nanaji , studied in St. Stephen's College , Delhi .

 

My late mother studied in The Christian Middle School , now St Thomas School , Jagadhri , now in Haryana

 

My late father taught Anatomy subject to MBBS students in Christian Medical College , Ludhiana .

 

My daughter studied in St. Joseph's Convent School , Jalandhar .

 

My younger sister studied in St. Joseph's Convent School , Jalandhar and later did her MBBS from Christian Medical College , Ludhiana .

 

 Her husband . my Jijaji , also studied in Christian Medical College , Ludhiana and later worked as a Senior Consultant Doctor in St. Stephen's Hospital , Tis Hazari , Delhi.

 

I studied in St. Stephen's College , Delhi

 

NCDEX - National Commodity and Derivative Exchange-2023-2024- Annual Report

 Please click ;-

https://ncdex.com/downloads/About-us/Annual-Reports/NCDEX%202023-24_Interactive%20Cover%20to%20Cover%20V3_compressed.pdf

Official site 

https://ncdex.com/about/ncdex-overview 

Blog ;  Some shares of NCDEX are available , for sale / purchase ,with Dealers of Rare Indian Shares

Kannur International Airport -2023-2024 Annual Report

Please click ;-

https://kannurairport.aero/public/downloads/KIAL-%20Final%20Annual%20Report%202023-24.pdf

Official site

https://kannurairport.aero/ 

Blog ;  Some shares of Kannur International Airport are available , for sale / purchase ,with Dealers of Rare Indian Shares

MKCL Knowledge Foundation 2023-2024 Annual Report

 Please click ;-

https://mkclkf.org/files/10th-Annual-Report-MKCL-KF_2023-24.pdf

  Blog ;  Some shares of MKCL-Maharashtra Knowledge Corp are available , for sale / purchase ,with Dealers of Rare Indian Shares

Spray Engineering Devices -2023-2024 Financial Results

 Standalone

https://www.sprayengineering.com/pdf/Standalone_Financial_Statements_2023-24.pdf 

Consolidated

https://www.sprayengineering.com/pdf/Consolidated_Financial%20Statements_2023-24.pdf 

Official site

https://www.sprayengineering.com/index.php 

-----------

Blog Comments

 Some shares of Spray Engineering Devices are available for Sale / Purchase with Dealers of Rare Indian Shares.

 

Metropolitan Stock Exchange - 2023-2024- Annual Report

 Please click ;-

https://www.msei.in/SX-Content/common/Financial-Results---MCX-SX/Annual-Reports/2024/November/Notice-and-Annual-Report-2023-24.pdf

 Share is Re 1 paid . Please Recheck this

 Blog Comments

 Some shares of Metropolitan Stock Exchange are available for Sale / Purchase with Dealers of Rare Indian Shares.

Atlas Cycles Haryana - Relisting News

 Please click ;-

https://www.bseindia.com/downloads/IPO/2024121916558Information%20Memorandum.pdf

  Blog Credit to ;-
Mr. Vijay, Jalandhar , m 7009409142   himanshusoi478@gmail.com

AV Thomas and Co Declares Rs 150 / share Dividend PLEASE RECHECK

 Message Received

----------------

Blog Comments 

Some  shares of  AV Thomas and Co are available , for sale / purchase ,with  Dealers of Rare Indian Shares.

Bira 91- B9 Beverages - 2022-2023 Annual Report and Valuation Report

 For 2022-2023 Annual Report , please click ;-

https://bira91.com/pdf/Annual-Report-B9-FY23.pdf

 For Valuation Report conclusion , please click Page 14 of the Valuation Report

https://bira91.com/pdf/Annual-Report-B9-FY23.pdf 

 Blog Comments 

Some  shares of  B9 Beverages  are available , for sale / purchase ,with  Dealers of Rare Indian Shares.

Big Basket shares

 For company profile , please click ;-

https://tracxn.com/d/companies/bigbasket/__lgBEzK2HajAJWbmAO0CnrQYnIPr1qailEUYRD4zGXVU#about-the-company

 Blog Comments 

Some  shares of  Big Basket   are available , for sale / purchase ,with  Dealers of Rare Indian Shares.

 

Lost / IPEF Transferred Shares Consultants

 Blog Disclaimer Please Recheck Independently also.

Please click ;-

https://muds.co.in/recovery-of-shares/?gad_source=2&gclid=CjwKCAiA34S7BhAtEiwACZzv4TUrufGc8NTMhz0CP5HKYbzDSSPYQZGOIQ8ohUZ_sn9q6tFq4WsV7BoCJ2EQAvD_BwE

Imagine Marketing -- Boat -2023-2024 Annual Report

 Please click ;-

https://cdn.shopify.com/s/files/1/0057/8938/4802/files/Imagine_Marketing_Limited_Standalone.pdf?v=1728379364

Official site 

https://www.boat-lifestyle.com/blogs/news/imagine-marketing-india-ranked-amongst-the-top-5-wearable-companies-globally-yet-again-a-proud-moment-for-india?srsltid=AfmBOoo4AUckdi_18-aLJbHJXbthjLIIpTwDVFEx-XYB2CRnMlUzgfRW 

 Blog Comments 

Some  shares of  Imagine Marketing  are available , for sale / purchase ,with  Dealers of Rare Indian Shares.

HDB Financial Services - Stake Sale to Mitsubishi UFJ- Moneycontrol Link

 Please click ;-

https://www.moneycontrol.com/banking/hdfc-bank-reopens-stake-talks-with-mufg-for-hdb-financial-article-12890663.html

 Blog Comments 

Some pre IPO shares of  HDB Financial Services are available , for sale / purchase ,with  Dealers of Rare Indian Shares.

Rahee Infratech 2022-2023 Annual Report

 Please click ;-

https://www.rahee.com/docs/Rahee-Annual-Report-2022-23.pdf

Official site

https://www.rahee.com/ 

Blog Comments 

Some shares-of   Rahee Infratech are available , for sale / purchase ,with  Dealers of Rare Indian Shares.

Smallcaps on the Rise - ET Link

 Please click ;-

https://economictimes.indiatimes.com/markets/stocks/news/rs-8-lakh-crore-boom-takes-smallcap-stocks-to-new-highs-did-you-sell-too-soon/articleshow/116234975.cms?utm_source=newsletter&utm_medium=email&utm_campaign=NIO&type=investment&ncode=d361cc3f69bb34864998bcae362a59d3389ddea79007c0dbc92bb71427dfdba382e358ae138c194b4d11834cd5bfec0e04a00c2ac86e8fb18806b30686f26ac774ac8318a04401a17689bd57b4cd77d7&nl_id=5f5a31db80f79664e95679d0

NCL Buildtek Q2-2025- Results

 Please click ;-

https://nclbuildtek.com/wp-content/uploads/2024/11/Unaudited-Financial-Results-for-the-Quarter-ended-30th-September-2024.pdf

Official site

https://nclbuildtek.com/ 

 Blog Comments 

Some shares-of   NCL Buildtek are available , for sale / purchase ,with  Dealers of Rare Indian Shares.

Motilal Oswal Home Finance -Q2-2025

 Please click ;-

https://www.motilaloswalgroup.com/Downirvirdir/484878828MOFSL_Standalone-Financial-Results_September,-2024.pdf

 Important ;  Motilal Oswal Home Finance share is Re 1 paid. PLEASE RECHECK THIS.

 Blog Comments 

Some shares-of   Motilal Oswal Home Finance are available , for sale / purchase ,with  Dealers of Rare Indian Shares.

 

Stay Ahead of Cyber Crime: Register & Attend Our Seminar - Moneylife Foundation

Greetings!  As I’m sure you are aware, cybercriminals are becoming alarmingly sophisticated, targeting individuals from all walks of life. Recent headlines paint a grim picture:  Mumbai alone reported losses of Rs1,012 crore due to online fraud this year, a shocking 286% rise from the previous year! Every day, people fall victim to digital arrest scams, phishing schemes, fraudulent investments and other innovative traps used by scammers. What is especially scary is that reports of two senior citizens, both over 75, remaining under what they thought was a ‘digital arrest’ and ending up losing crores of rupees of their life savings. We need to make people aware of digital fraud and its myriad avaatars on a war footing. You need to participate in this effort.

At Moneylife Foundation, we have got the best and most respected experts to help you understand cyberfraud and its implications at an in-person programme in Mumbai on 17th December. Former IPS officer, founding CEO of ReBIT and expert on fraud and cyber security Nandkumar Saravade along with Adv (Dr) Prashant Mali, who has been voted one of the top 50 global cybersecurity leaders and influencers for three years in a row, have generously agreed to give time to help us understanding this scary and constantly evolving new fraud. Yogesh Sapkale, deputy editor, Moneylife, whose weekly column Fraud Alert tracks cyber fraud and cyber safety will provide an overview to start the programme.

You can register for the session here: https://www.moneylife.in/events/cybercrime_171224/index.html

 

Flipkart IPO in Next 12-15 Months

 Please click 

https://economictimes.indiatimes.com/tech/technology/reverse-flip-in-cart-flipkart-plans-ipo-delivery-in-12-15-months/articleshow/116112988.cms?from=mdr

Enterprise value $ 38 Billion= Rs 3 ;2 Lakh crore

NSE -National Stock Exchange shares Listing- Investors Move Delini High Court

 Please click ;-

https://www.ndtvprofit.com/markets/nse-ipo-public-forum-moves-delhi-high-court-over-delay-in-sebi-approval

 Blog Comments

 NSE Share is Re 1 paid - Please Recheck This.

 Some pre IPO shares of NSE are available for Sale / Purchase with Dealers of Rare Indian Shares  

--------------

OLD POSTS

November 05, 2024

NSE-National Stock Exchange- Q2-2025 Profit Rises

Please click -

https://nsearchives.nseindia.com/web/sites/default/files/inline-files/NSEIL_PPT_Sep24.pdf

Consolidated

https://nsearchives.nseindia.com/web/sites/default/files/inline-files/NSEIL_Conso_Result_Sep24.pdf 

Standalone

https://nsearchives.nseindia.com/web/sites/default/files/inline-files/NSEIL_Standalone_Result_Sep24.pdf 

 

https://www.outlookbusiness.com/markets/nse-q2-profit-soars-57-per-cent-to-rs-3137-crore

 

Blog Comments

 NSE Share is Re 1 paid - Please Recheck This.

 Some pre IPO shares of NSE are available for Sale / Purchase with Dealers of Rare Indian Shares  

------------- 

OLD POSTS

August 28, 2024

NSE- National Stock Exchange ipo News-ET Link

 Please click ;-   

https://economictimes.indiatimes.com/markets/ipos/fpos/nse-reapplies-for-no-objection-with-sebi-for-public-offer-report/articleshow/112842629.cms?from=mdr

 

.

OLD POST

 

May 04, 2024

NSE Rs 90 Dividend , 4 ; 1 Bonus , Excellent 2023-2024 Results

 Please click ;-

https://www.livemint.com/market/stock-market-news/nse-board-recommends-4-1-bonus-shares-rs-90-per-share-dividend-declares-strong-q4-results-2024-11714788932646.html

August 09, 2024

NSE National Stock Exchange - Q1-2025 -Results

 Financial Highlights

https://nsearchives.nseindia.com/web/sites/default/files/inline-files/NSEIL_PPT_Jun24.pdf

Consolidated 

https://nsearchives.nseindia.com/web/sites/default/files/inline-files/NSEIL_Consolidated_Result_Jun24_0.pdf 

Standalone

 https://nsearchives.nseindia.com/web/sites/default/files/inline-files/NSEIL_Standalone_Result_Jun24_0.pdf

==------------

August 28, 2024

NSE- National Stock Exchange ipo News-ET Link

 Please click ;-   

https://economictimes.indiatimes.com/markets/ipos/fpos/nse-reapplies-for-no-objection-with-sebi-for-public-offer-report/articleshow/112842629.cms?from=mdr

 OLD POST

 

May 04, 2024

NSE Rs 90 Dividend , 4 ; 1 Bonus , Excellent 2023-2024 Results

 Please click ;-

https://www.livemint.com/market/stock-market-news/nse-board-recommends-4-1-bonus-shares-rs-90-per-share-dividend-declares-strong-q4-results-2024-11714788932646.html

August 09, 2024

NSE National Stock Exchange - Q1-2025 -Results

 Financial Highlights

https://nsearchives.nseindia.com/web/sites/default/files/inline-files/NSEIL_PPT_Jun24.pdf

Consolidated 

https://nsearchives.nseindia.com/web/sites/default/files/inline-files/NSEIL_Consolidated_Result_Jun24_0.pdf 

Standalone

 https://nsearchives.nseindia.com/web/sites/default/files/inline-files/NSEIL_Standalone_Result_Jun24_0.pdf

 

Altius Investech Newsletter Unlisted Markets Update -Message Received

Blog Disclaimer Message as Received .Please Recheck Independently also

---------------------

MESSAGE

 

 

­ Weekly Newsletter is Here!   Our latest weekly newsletter is packed with exciting updates you can’t miss: Allen’s $800M acquisition of Unacademy RBI cuts CRR to boost liquidity Myntra’s leap into quick commerce with M-Now Vishal Mega Mart's ₹8,000 crore IPO MobiKwik’s strong comeback with its IPO Get the latest insights on the hottest market trends and startup moves! Read it now and stay ahead!   Read full newsletter Don’t forget to follow us on LinkedIn and subscribe to our newsletter so you never miss important updates! Happy reading! ­ Click here read ­  For any assistance, feel free to contact our support team at +918240614850 or support@altiusinvestech.com   Thank you for choosing Altius Investech. ­ Click here to invest! ­ ­ Download the Altius App! ­ ­ Altius Investech P Ltd 73A, G.C Avenue 2nd Floor Room No - 204 Kolkata - 700013 support@altiusinvestech.com

Weekly Market Update:

 

Unlisted Share News:

1. Allen Career Institute is in advanced talks to acquire Unacademy for $800 million, a significant drop from its 2021 valuation of $3.4 billion, with the deal pending approval from Allen's promoters.

Quick Insight 💡

Is it the end of the road for Unacademy as ALLEN prepares to acquire the ed-tech startup for $800M, a valuation lower than its total funding of $838.5M?

 Why do startups like Unacademy struggle despite billion-dollar valuations? What went wrong for Unacademy, a company once valued at $3.4 billion? The answer lies in its unsustainable growth strategy and the broader slowdown in India's ed-tech sector. When the pandemic spurred a digital learning boom, Unacademy scaled rapidly, raising massive funds and expanding aggressively, including opening 60 offline centers.

 But was this pivot a smart move? 

The numbers suggest otherwise. Despite growing revenues from ₹21.8 crore in FY19 to ₹1,044 crore in FY23, Unacademy couldn't overcome its losses, which stood at ₹631 crore in FY24—a sharp drop from the ₹2,848 crore loss in FY22 but still unsustainable.

Byju’s, another ed-tech giant, faced a similar fate, with valuation cuts and layoffs dominating headlines. This raises a critical question: are these billion-dollar startups over-reliant on investor funding without a clear path to profitability? The 87% drop in ed-tech funding from 2021 to 2023 further underscores how fragile this sector has become. ALLEN's acquisition of Unacademy signals consolidation, but the lesson is clear—scaling without profitability is like building a castle on sand. For investors, the takeaway is to look beyond valuations and dig deeper into financial sustainability before betting on the next unicorn.

2. SEBI Approves 7 IPOs Worth ₹12,000 Crore

• Ecom Express: ₹2,600 crore IPO for infrastructure expansion and debt reduction.
• International Gemological Institute (IGI): ₹4,000 crore IPO for acquisitions and corporate expansion.
• Ventive Hospitality: ₹2,000 crore IPO to reduce debt and fund luxury projects.
• Carraro India: ₹1,811 crore offer-for-sale by the promoter.
• Smartworks Coworking Spaces: ₹550 crore IPO for expansion and loan repayment.
• Trualt Bioenergy: ₹750 crore IPO for multi-feed stock operations and working capital.
• Concord Enviro Systems: ₹192 crore IPO for capital expenditure and debt reduction.

3. Gurugram-based fintech MobiKwik aims to raise ₹572 crore in its IPO opening December 11, with proceeds earmarked for growth, R&D, and technology upgrades. Valuation sees a sharp dip of 71.6% from 2021.

Comparison of Mobiwik vs Paytm

4. Paytm to Sell Stake in Japan's PayPay to SoftBank for $250 Million: Paytm's parent company, One97 Communications, plans to sell its stake in Japan's PayPay Corporation to SoftBank Group for $250 million. The move aligns with Paytm's strategy to divest non-core assets and strengthen its core payments business.

5. Flipkart announces "Flipkart Minutes," offering 10-minute delivery for medicines, intensifying competition in India’s fast-growing quick commerce sector.

6. Myntra Launches 30-Minute Delivery with 'M-Now': E-commerce giant Myntra introduces 'M-Now,' a 30-minute delivery service for 10,000 styles across fashion, beauty, and home, aiming to expand to 1 lakh styles in the next few months.

Quick Insight 💡

Why is this happening?

Why is Myntra jumping into quick commerce with M-Now? It’s responding to growing consumer demand for speed and convenience. Urban shoppers, especially the trend-conscious, now expect instant delivery for fashion, just as they do for groceries. This move gives Myntra a competitive edge over rivals like Blinkit and Zepto, which are still expanding their fashion offerings.

what makes this model sustainable? Myntra leverages dark stores, brand retail outlets, and potentially Flipkart’s logistics infrastructure, creating a cost-effective and scalable system. With plans to expand to 100,000 products and major cities like Mumbai, Delhi, and Pune, Myntra isn’t just chasing a trend—it’s setting a new benchmark for delivery speed in the fashion industry.

7. Tata Projects Eyes IPO in 12–18 Months: Tata Projects plans to go public within 12–18 months, focusing on financial fitness and strong cash flow before listing. The company reported a ₹82 crore profit in 2024, with an order book of ₹44,000 crore.

8. LG Electronics India has filed for an IPO with SEBI to sell up to 10.2 crore shares, representing 15% of the company’s stake. The IPO is expected to raise $1 billion to $1.5 billion, which would value LG Electronics India at around $13 billion.

Financials: In FY24, LG Electronics India saw a 7% rise in revenue, reaching Rs 21,352 crore and a 12% increase in profit, totaling Rs 1,511 crore.

9. OYO Expands SUNDAY Brand: OYO launches its premium SUNDAY brand in Dubai and London, expanding its luxury offerings.

10. Cochin Airport Expansion: Cochin International Airport launches a ₹265 crore tender for terminal expansion to handle more traffic.

11. RRP S4E Wins ₹18 Crore Order: RRP S4E Innovations secures an ₹18 crore contract from Adani PLR to supply Reflex Sight Mepro units.