Mitul Shah & Associates

Dhariwal Buildtech files draft papers for Rs 950 cr IPO

Infrastructure construction company Dhariwal Buildtech Ltd has filed draft papers for a Rs 950 crore Initial Public Offering, comprising entirely a fresh issue. Proceeds will fund equipment purchases, debt repayment for the company and its subsidiaries, and general corporate purposes. The firm, with a Rs 4,767 crore order book, reported Rs 1,153 crore revenue and […]

LIC Housing Finance accepts bids for 3-year bonds, bankers say

LIC Housing Finance accepted bids for its 7.77% 2028 bond reissue. The company successfully raised 11 billion rupees, equivalent to $123.95 million. This bond will offer investors a yield of 6.90%. Bids were accepted on Monday. This financial move reflects ongoing market activity. The company did not comment on the development.

IPO boom defies market slump, mobilises nearly Rs 1.7 lakh crore in a year

India’s IPO market witnessed a vibrant boom from October 2024 to September 2025, defying secondary market uncertainty by raising nearly double the funds compared to the previous year. Driven by robust domestic liquidity and a diverse mix of issues, 86 IPOs mobilised ₹1,70,897 crore. Experts anticipate this frenzy to continue as money shifts from secondary […]