Date: Mon 14 Apr, 2025
Financial Performance: As of FY24, Ikeda Limited showcased a sharp financial upturn, underpinned by robust topline growth and improving profitability. Revenue from operations surged nearly 2x from ₹25.11 Cr in FY23 to ₹50.39 Cr in FY24 (annualized trend), reflecting the company’s successful customer acquisition and growing traction in digital financial services. The company turned the corner on profitability, with PAT margins reaching 8% and Return on Capital Employed (ROCE) standing at 24%, indicating efficient asset utilization. The EBITDA margin also saw an expansion, suggesting better cost controls and operating leverage.
Operational developments: Operationally, Ikeda transformed its business model into a scalable fintech platform delivering services like AePS, micro-ATMs, money transfers, and bill payments through its “FINKEDA” app. The backend is driven by Aadhaar-enabled biometric authentication and API integrations with banks and UPI systems. The retailer-led distribution network enables a wide rural and semi-urban reach. During FY24, the company fortified its leadership bandwidth, inducted a professional CFO, expanded the Board with independent directors, and initiated partnerships with regulated entities like Paytm Payments Bank to comply with RBI norms and enhance transaction capabilities. Furthermore, positive cash flows from operations in Q1 FY25 highlight improved working capital discipline and greater monetization of services.
Future Outlook: Looking forward, Ikeda plans to leverage IPO proceeds to deepen tech infrastructure, enhance cybersecurity, and scale distribution in Tier 2–3 cities. With India’s fintech ecosystem expected to surpass $150 billion by FY25, Ikeda is strategically positioned to capitalize on the rising demand for real-time, low-cost financial services. However, competitive intensity, regulatory risks, and cybersecurity challenges warrant continuous investment in compliance, innovation, and data protection. Sustainable value creation will depend on Ikeda’s ability to drive user engagement, maintain retailer trust, and build differentiated service offerings amidst rapid digital transformation. The strategic blend of technology, distribution, and financial prudence will determine its trajectory in India’s evolving fintech landscape.
Date: Thu 10 Apr, 2025
The RBI's Monetary Policy Committee has recently reduced the repo rate by 25 basis points to 6%. This move aims to inject more liquidity into the system and boost economic activity, particularly when inflation is under control.
The decision marks the second consecutive cut and is intended to support economic growth amid global trade uncertainties.
The MPC meeting comes in the backdrop of Donald Trump announcing a 26% tariff on India, which could potentially slow GDP growth by 20-50 basis points.
However, Donald Trump announced a 90-day pause on tariffs for all countries except China. After this event, the US stock indexes recorded their biggest one-day gains.
Date: Tue 08 Apr, 2025
Date: Tue 01 Apr, 2025
Shark Tank India Season 4 witnessed significant investments from its panel of sharks, driving the growth of the Indian startup ecosystem. Aman Gupta led the investment charts in Shark Tank India Season 4 with the largest individual investment of ₹17.4 crore, closely followed by Ritesh Agarwal with ₹16.3 crore, demonstrating their strong commitment to backing innovative ventures.
These deals underscore the investors' confidence in the potential of emerging businesses.
Date: Mon 31 Mar, 2025
Pace Digitek Ltd., a telecom and energy infrastructure solutions provider, has filed for an ₹900 crore IPO and secured a 125 MW Battery Energy Storage System (BESS) project in Telangana. The Pace Digitek IPO aims to fund capital expenditures, while the order win strengthens the company’s position in India’s renewable energy sector.
DRHP Filed – Pace Digitek has submitted its Draft Red Herring Prospectus (DRHP) to SEBI for an Initial Public Offering (IPO).
Issue Size – The IPO includes a fresh issue of shares worth ₹900 crore, with a face value of ₹2 each.
Pre-IPO Option – A ₹180 crore pre-IPO placement may be conducted, reducing the fresh issue size if executed.
Fund Utilization – ₹630 crore from the proceeds will be used for capital expenditure and general corporate purposes.
Listing Plans – The company plans to list its shares on the NSE and BSE.
Allocation Structure –
50% reserved for Qualified Institutional Buyers (QIBs)
15% for Non-Institutional Investors
35% for Retail Investors
Auction Win – Pace Digitek secured a 125 MW/250 MWh Battery Energy Storage System (BESS) contract from TGGENCO.
Winning Tariff – The company won the bid at ₹2.45153/kWh, securing the largest share.
Competitive Process – The project was awarded under a global competitive bidding process.
Government Support – The project benefits from Viability Gap Funding (VGF), aiding India’s renewable energy growth.
With strong IPO plans and a major project win, Pace Digitek is strengthening its telecom and energy infrastructure presence.
Date: Mon 31 Mar, 2025
As per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in continuation of NSDL’s letter dated October 8, 2024, SEBI has granted an extension for the listing of NSDL shares on a recognized stock exchange. As per SEBI’s letter dated March 28, 2025, the new deadline is July 31, 2025, subject to the conditions specified by SEBI.
Date: Thu 27 Mar, 2025
Studds Accessories Limited, a key player in the two-wheeler helmet and accessories industry, is preparing for its Initial Public Offering (IPO). Below are the key details of the offering:
Offer Structure: The IPO comprises a100% Offer for Sale (OFS)of up to7,736,120 equity shareswith a face value of₹5 each. As there is no fresh issue of shares, the proceeds will be directed to theselling shareholders rather than the company.
Selling Shareholders: Prominent stakeholders, including promoters Mahira Khurana, Bhushan Khurana, and Siddharth Bhushan Khurana, along with financial investorSE Rose Private Limited, will be partially divesting their holdings.
Stock Exchange Listing: The equity shares will be listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
Book Running Lead Managers: The IPO is being managed byIIFL Capital, ICICI Securities, and MUFG India.
For the six-month period ending September 2024, Studds Accessories Limited reported:
Revenue:₹290 crore
Net Profit:₹33 crore
Operating Profit:₹51 crore
Operating Profit Margin:17.9%
With a well-established presence in the Indian two-wheeler accessories market, Studds Accessories Limited’s IPO offers an exit opportunity for early investors while also allowing new investors to participate in the company’s future growth. Given its strong brand positioning and financial performance, the IPO is expected to generate significant interest among market participants.
Date: Thu 27 Mar, 2025
The Shark Tank India Season 4 finale was an inspiring episode, highlighting the journeys of entrepreneurs with disabilities. With guest mentors Jeet Adani and Srikanth Bolla, the episode delivered insights on business, life, and the importance of inclusivity.
The episode welcomed Jeet Adani, Director of Adani Airports under Adani Group as a guest mentor, who fulfilled his promise made eight weeks ago to join as a guide. Jeet Adani got married to Diva Jaimin Shah in a traditional ceremony in Ahmedabad on February 7, 2025. During the interaction, he also pointed out that Shark and Shaadi.com CEO Anupam Mittal removed his profile from the matrimonial site. “He tweeted saying he removed my profile”.
The Season 4 finale episode showcased remarkable pitches from entrepreneurs dedicated to disability-inclusive innovations. Symbionic provides advanced prosthetic arms. Tickle Your Art founded by Shweta Runwal blends architectural expertise with artistic talent, aiming to empower individuals with Down syndrome.
New judge Srikanth Bolla, CEO and Co-Founder of Bollant Industries, a successful entrepreneur with visual impairment, brought his inspiring journey to the panel, adding in-depth insights to the discussions. Let’s discover the key moments and takeaways from this unforgettable finale.
Date: Tue 25 Mar, 2025
Apollo Green Energy Ltd. (AGEL Renewable Energy) has announced a ₹500 crore investment to develop a 1 GW renewable energy portfolio over the next 2-3 years. The initiative aims to strengthen India’s clean energy infrastructure through large-scale projects, government tenders, and private power agreements.
Investment Size – AGEL Renewable Energy plans to invest ₹500 crore in renewable energy expansion.
Portfolio Target – The company aims to build a 1 GW renewable energy portfolio starting from FY26.
Strategic Focus – The investment will bridge critical gaps in India’s renewable energy sector and support the country's clean energy goals.
Talent Acquisition – AGEL Renewable Energy plans to hire up to 200 professionals in engineering, project management, R&D, and operations.
Technology & Innovation – The company will develop storage solutions and leverage its parent company’s engineering expertise to ensure cost-effective energy delivery.
Government Tenders – AGEL will actively bid for large-scale government tenders and establish Power Purchase Agreements (PPAs) with utilities and commercial consumers.
Pan-India Projects – The company will develop utility-scale solar and wind projects, integrate storage solutions, and create long-term revenue streams.
Upcoming IPO – Apollo Green Energy’s parent company is planning an IPO in 2025, aiming to expand its green energy portfolio and strengthen its market position.
With a nationwide strategy and strong financial backing, Apollo Green Energy is poised to become a key player in India’s renewable energy transformation.
Date: Tue 25 Mar, 2025
Shark Tank India has seen some incredible investments over the seasons, with a few startups managing to secure an All Sharks Deal each time.
Did you know in Season 1,4 companies secured an All Sharks Deal, Season 2 saw 4 companies achieving this feat and Season 3 had the highest so far, with 6 companies securing All Shark Deals. Now, in Season 4, there are already 4 companies that have managed to impress all the sharks!
And the season includes the exclusive and innovative companies marks the good deals this season with startups like - Hire for care, Off mint, brings up with fashion brand that redefining the clothing as a medium for self-expression and Clap store Toys and the prominent one of the season the breakfast alternative - The Naturick Co.
Date: Tue 25 Mar, 2025
The Naturik Co. becomes the comeback startup to secure an ALL-SHARK DEAL, proving resilience and innovation pay off! After a failed pitch in Season 3, the founders returned stronger and bagged ₹4 Cr from all five sharks!
This deal not only boosts The Naturik Co. but also signals a growing investor appetite for sustainable, health-focused startups in India.
Founders Sahil and Isha Vohra initially sought ₹50 lakhs for a 2% equity stake , valuing their company at ₹25 crores. However, the intense interest from the sharks led to a significantly larger deal.
The negotiations culminated in an unprecedented all-shark agreement, with each shark—Aman Gupta, Vineeta Singh, Anupam Mittal, Kunal Bahl, and Peyush Bansal—collectively investing ₹4 crores for a 22.22% equity stake in The Naturik Co.. This collaboration not only underscores the company's potential but also marks a milestone as the first all-shark deal of the season.
Date: Mon 24 Mar, 2025
According to Regulation 19 of the SECC Regulations, no one can acquire or hold equity shares or voting rights in a recognized stock exchange or clearing corporation unless they meet the 'fit and proper' criteria. Regulation 20 details the criteria for being considered 'fit and proper' to hold shares in a recognized stock exchange. To comply with these regulations, NSE has kept its International Securities Identification Number (ISIN) temporarily suspended.
To help with compliance and to monitor the rules regarding minimum public shareholding and other limits, the Securities and Exchange Board of India issued a circular on October 14, 2024. This circular establishes a framework for monitoring shareholding norms for MIIs, requiring them to appoint a Designated Depository for this oversight.
In line with this, the Board of Directors of NSE has appointed Central Depository Services (India) Limited (CDSL) as the Designated Depository and has agreed to activate or unfreeze the Company’s ISIN. This activation will happen on Monday, March 24, 2025. From that date, shares of the Company can be transferred using the Delivery Instruction Slip (DIS) system. The current process for submitting share transfer applications will end.
The Company is compiling a list of transactions that are still in progress and will be completed through Corporate Action. These will not be processed again using the DIS method. For cases that have been received but are incomplete, they may still be processed through the DIS system. The Company will send email updates with details about these transactions to the relevant parties soon.
Date: Thu 20 Mar, 2025
The Indian Premier League (IPL) has revolutionized cricket, transforming it into a high-octane spectacle that captivates millions. Among the league's most iconic franchises, Chennai Super Kings (CSK) enjoys a massive fan following and a brand value that rivals some of the biggest names in global sports.
CSK, adorned in their iconic yellow jerseys, have not only captivated cricket enthusiasts but have also emerged as a formidable entity in the sports investment landscape. Since their inception in 2008, CSK has consistently demonstrated exceptional on-field performances, which, coupled with strategic financial management, have solidified its position as a premier franchise in the IPL.
Ever wondered about the investment potential of CSK unlisted shares? With its strong brand value, dedicated fan base, and growing financials, CSK stands as one of India's most sought-after unlisted shares.
Their revenue streams are diverse, encompassing central broadcasting rights, lucrative sponsorships, merchandise sales, and substantial earnings from match-day ticketing. As of 2024, CSK's brand valuation stands at an impressive $122 million, leading the IPL franchises.
Date: Wed 19 Mar, 2025
Notice is hereby given that the Extra Ordinary General Meeting (EGM) of the members of Arohan Financial Services Limited (“Arohan” or the “Company”) will be held on Tuesday, April 22, 2025, at 03:30 PM (IST) through Video Conferencing (‘VC’)/Other Audio-Visual Means (‘OAVM’) facility to transact the following business:
Special Business:
Appointment of Mr. Narasimha Kummamuri Murthy (DIN: 00023046), as a Non-Executive Independent Director of the Company:
Date: Mon 17 Mar, 2025
The Men in Blue have done it again! With sheer determination, collaboration, and an unshakable team spirit, India lifted the Champions Trophy for the third time, scripting yet another historic chapter in cricket.
Dominating the tournament without a single defeat, the team showcased the power of patience, dedication, and unity. From handling pressure moments to New Zealand being bowled out in the final, every player rose to the occasion, proving that greatness is built on teamwork and resilience.
Some victories go beyond mere statistics, beyond the numbers that define wins and losses, beyond the scoreboard that records runs and wickets.
India’s triumph in the 2025 ICC Champions Trophy is one such victory—a moment in time that will forever be cherished as more than just another piece of silverware in the cabinet. This victory isn’t just about the trophy; it’s a lesson in perseverance, leadership, and the relentless pursuit of excellence.
Thank you, Team India and champions who inspire many.
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