Micro cap
3249 published. The smallest listed companies in the coverage universe.
Esha Media pivots to AI-native platform as new management takes charge
New MD Siddharth Saraf and ED Rakesh Mudgal assume operational control; company shifts from legacy broadcast monitoring to a multi-channel media and reputation intelligence platform. The direction is new, but no quantified commitments yet.
PNGS Gargi posts 11.6% revenue growth, EBO sales jump
First quarter of FY27 shows steady growth with EBO shift accelerating; festival sales jump 77%.
GP Petroleums JV selected as IOCL's Pipavav bitumen partner
Amron Oil Resources will operate IOCL's bitumen cell at Pipavav port; first dispatch on June 4. The deal adds a blue-chip counterparty for the ₹203 cr firm.
DJ Mediaprint pockets ₹13.6 cr as warrants lapse, avoids 13% dilution
Warrants issued in January 2025 lapsed after 18-month expiry, forfeiting the 25% deposit and eliminating potential equity dilution of about 13% of current paid-up capital.
Meta Infotech bags ₹7.58 cr in four fresh orders, adding to recent inflow
The orders include a ₹2.13 cr licence deal from a top private bank and renewals from financial services and FMCG clients. At 4.7% of market cap, the aggregate is materially significant for the nano-cap IT firm.
WeP Solutions promotes COO Nigam to director, refreshes board
The board elevated Dr. Gaurav Nigam, added two new independent directors, and reappointed two others. All are subject to shareholder approval at the upcoming AGM.
Aeroflex Neu to mull Fibcorp Polyweave stake sale on July 15
The nano-cap's board will consider exiting a material subsidiary, a move that could reshape its portfolio. No terms disclosed yet.
Shardul Securities posts ₹131.55 cr Q1 profit after reclassifying investments
The swing from a ₹59.99 cr loss in March quarter came from a ₹171.63 cr fair-value gain after reclassifying equity holdings as stock-in-trade. A routine filing with a non-routine number.
Shardul's ₹131.55 cr profit is a book entry, not a turnaround
The NBFC's Q1 net profit soared on a ₹171 cr fair-value gain from reclassifying equity holdings as stock-in-trade. Net worth is unchanged.
TruCap wins SAT reprieve to revive blocked open offer
The tribunal set aside SEBI's January 2026 direction and remanded for a fresh speaking order, removing a months-long impediment for a company that has defaulted on ₹200 cr in debt.
CARE upgrades Investment & Precision Castings to BBB on FY26 gains
The rating agency cites improved scale, profitability, and lower auto dependence. Non-auto segments now contribute 36% of revenue.
IVP gets MPCB to revoke Tarapur closure order within days
The Maharashtra Pollution Control Board lifted the plant shutdown order just two weeks after issuing it, removing a huge near-term risk for the nano-cap chemicals firm.
CRISIL cuts Highway Infrastructure to 'BB' after firm goes silent
The agency downgraded ₹156 crore in bank facilities and flagged 'issuer not cooperating' after three months of missed no-default statements
Rasi Electrodes to sell a landed property, board to weigh offers on July 16
Shareholders cleared the divestiture on June 29. For a ₹39 cr nano-cap, the deal could unlock significant cash.
Supreme Infra's ₹5,796 cr profit is a settlement, not a business
Revenue barely ₹65 cr, but a one-time gain turned net worth positive for the first time in years. New contracts and lender repayments signal a turnaround still in early stages.
Shayona Engineering bags third order since January listing
Repeat orders confirm demand for engineering components. The latest is worth ₹1.70 cr including GST, to be executed by July 30.
CARE lifts International Conveyors rating on 44% revenue growth
CARE upgraded long-term bank facilities to BBB from BBB-, short-term to A3+ from A3. But the market already had the data. Risks from promoter-level debt and Elpro delisting remain.
Relicab lands ₹1.43 cr order from global energy tech firm
The control cable order is small in absolute terms but represents 3.6% of market cap for a nano-cap. Delivery by August 2026.
Integrated Proteins approves 1:10 split as board reshuffles
Nano-cap board approves stock split to boost liquidity; three directors resign, new appointments follow. Promoter reclassification also approved.
Supreme Infra's ₹5,796 cr profit stems from settlement, not operations.
Auditors flag missing provisions on ₹75,644.24 lakhs in receivables, going concern risk, and a CFO declaration wrongly claiming unmodified audit.
Bacil Pharma plans ₹50 cr rights issue — equal to its entire market cap
The nano-cap pharma company with zero revenue and a market cap of ₹55 crore is raising ₹50 crore from shareholders, diluting equity by roughly 90%. Two independent directors resigned simultaneously.
Srigee DLM sells factory to promoter entity for ₹2.53 cr
The property generated 9% of revenue last year. The company will lease it back until a new plant is ready.
Cupid Breweries narrows standalone loss, lines up JLL for fundraising
The nano-cap brewer also received an invitation from Germany's Steinecker for advanced brewery tech and said its Gopalpur acquisition from United Spirits is progressing.
Innovatus hit with GST show‑cause notice over ₹8 cr
The demand is material for a ₹34 cr market‑cap nano‑cap. Company will contest, but also postponed financial results.
Virinchi to acquire subsidiary's healthcare business for ₹100 cr via loan adjustments
The slump sale brings Bristlecone Hospitals' ₹133 cr turnover directly onto the parent's balance sheet with zero cash outlay, but requires shareholder and regulatory nods.