Tipsheet
What matters at India’s listed companies
Archive / Page 87

Notes archive.

Tue · 09 Jun
7
Finance - Investment

Mufin Green raises ₹100 cr debt at 11%, leaving ₹19 cr of board approval unused.

The secured NCDs, backed by receivables, mature in September 2027. The raise is 47.5% of Mufin's FY26 revenue.

MUFIN Small cap 1:19 PM
8
M&A · Power Generation

Adani Energy picks up Intellismart for ₹3,050 cr in cash

The binding deal adds 4.7 crore smart meters to Adani's portfolio, marking a material push into a government-backed segment at 10.8% of its annual revenue.

ADANIENSOL Mega cap 12:52 PM
7
Order Wins · Metal - Non Ferrous

Siyaram Recycling bags ₹1.13 cr order, a big deal for a tiny company

The fixed-price brass scrap contract is due in seven days. At 1.48% of its market cap, it clears the materiality threshold.

SIYARAM Micro cap 12:44 PM
6
Real Estate

Godrej Properties moves ₹2,000 cr in first week at Bengaluru launch

First-week sales from the Godrej Vanantara project equal about 39% of the developer's full-year FY26 consolidated revenue.

GODREJPROP Large cap 12:44 PM
9
Order Wins · Engineering - Construction

ONGC hands Expo Engineering its biggest order at 28% of market cap

A three-year maintenance contract from India's largest state oil firm is the nano-cap's single largest win, dwarfing its tiny market capitalisation.

EXPOGAS Micro cap 12:43 PM
6
Credit · Finance - NBFC

CRISIL upgrades Muthoot Capital to AA- despite profit crash

The rating lift reflects group backing, not operating strength. Net profit fell 76% to ₹11 cr in FY26.

MUTHOOTCAP Micro cap 12:36 PM
6
Concalls · Engineering - Construction

Greenleaf pivots to owning assets after 56% revenue jump

The Sachin CETP project is 70% done and will start paying ₹80 lakh a month from March 2027. Revenue hit ₹60.6 crore in FY26.

GREENLEAF Micro cap 12:34 PM
7
Order Wins · Plastic Products

Supreme Court tosses out Jindal Poly oppression petition, sends fight to arbitration

The court overturned two lower tribunals' orders that had admitted a minority shareholder case. The dispute now moves to a sole arbitrator.

JINDALPOLY Small cap 12:20 PM
5
Trading

MMTC's finance director and an independent director are set to leave

The two board members will exit after their terms expire on June 9, 2026. The company has recently seen several director changes.

MMTC Mid cap 12:05 PM
8
Order Wins · Textile - Weaving

Varvee Global lands ₹12.08 cr suit-fabric order

The nano-cap textile maker's latest order is worth 19% of last year's revenue, a material boost as it pivots away from denim.

VGL Micro cap 11:54 AM
6
Earnings · Pharmaceuticals

Anlon Healthcare plans ₹130 cr Rajkot build to back FY28 revenue target

The micro-cap is adding organic capacity after two acquisitions. A half-debt funding plan and early-stage M&A talks frame the next leg of growth.

AHCL Micro cap 11:24 AM
8
Consumer Food

Tanvi Foods' US subsidiary delivered ₹1.2 cr profit in its first year.

The 55%-owned US unit contributed more than half of consolidated profit for FY26. The UK subsidiary is now ready to go.

TANVI Micro cap 11:22 AM
5
IT - Software

RateGain partners with ZentrumHub. The numbers are missing.

The travel-tech company announced a connectivity partnership but didn't disclose deal terms, revenue impact, or strategic value against its ₹8,833 crore market cap.

RATEGAIN Mid cap 11:15 AM
6
Earnings · Forgings

Kalyani Forge sets 15% EBITDA floor, wins ₹20 cr EV axle order

Record ₹9.32 cr profit and new orders from SKF and Schaeffler support a new margin floor of 15%, with a 20% target within a year.

KALYANIFRG Micro cap 11:14 AM
5
Finance - Investment

Rajiv Bajaj exits Bajaj Finserv board, points to Bajaj Auto duties

The promoter-family director will not seek re-election at the AGM. His focus shifts to integrating Bajaj Auto's new subsidiaries and the KTM acquisition.

BAJAJFINSV Mega cap 11:14 AM
7
Order Wins · Pre Engineered Buildings

Interarch lands ₹58 cr pre-engineered building order

The domestic contract adds to an already large order book. It confirms demand but doesn't change the earnings trajectory.

INTERARCH Small cap 11:12 AM
8
Order Wins · Engineering - Construction

Faalcon lands ₹3.11 cr glass order, a big deal for a ₹37 cr company

The binding contract from Sanskriti University represents about 10% of annual revenue for the nano-cap firm. Execution is set for four months.

FAALCON Micro cap 10:50 AM
8
Credit · Paper Products

Pakka's promoter pledged 28% of the company to secure a ₹540 cr NCD.

The largest single pledge in Pakka's history secures a high-coupon debt issue for a nano-cap with a ₹360 cr market cap. It's bigger than the promoter's likely entire holding.

PAKKA Micro cap 10:48 AM
6
Engineering - Industrial Equipments

Shri Bajrang Alliance chairman resigns days after NSE listing

Narendra Goel, a promoter-family figure, has quit as Executive Director and Chairman with immediate effect, citing other commitments.

SHBAJRG Micro cap 10:33 AM
8
Credit · Pharmaceuticals

Ajanta Pharma promoters just borrowed against another 2.2% of the company.

Gabs Investments pledged 27.7 lakh shares for a new loan, pushing the group's total pledged stake to 13.9% of equity.

AJANTPHARM Large cap 10:22 AM
5
Order Wins · Transformers

Marsons picks up a ₹9.48 cr service order from West Bengal's grid utility

The contract covers repair and testing of power transformers for WBSETCL. It's routine work, worth less than 4% of annual revenue.

MARSONS Small cap 10:08 AM
6
Telecom

Vodafone Idea wins ₹2,113 crore spectrum charge fight

Bombay High Court quashed a 2012 demand for spectrum charges and ordered the return of bank guarantees.

IDEA Mega cap 9:07 AM
10
M&A · Pharmaceuticals

Parmax Pharma's new owners are taking over. They're paying ₹42.80 a share.

Dhiren and Sunil Shah, with a consortium of ten others, are paying ₹18.6 crore to take ~91% control of the struggling nano-cap, which saw revenues collapse 57% and losses widen.

PARMAX Micro cap 8:53 AM
7
Order Wins · Water Management

Wabag wins first UAE contract with $30-75m Ajman sewage deal

The Indian water-treatment firm lands a design-and-build order in Ajman, its first in the UAE. The contract spans 24 months and includes power generation systems.

WABAG Mid cap 8:29 AM
Mon · 08 Jun
8
Order Wins · Engineering - Construction

Precision Electronics lands ₹37 crore MHA surveillance order

The single order is worth 47% of last year's revenue and takes the total known order book past ₹70 crore.

PRECISIO Micro cap 11:55 PM