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FinanceNW DraftPNN NewsPress ReleaseShree Ahimsa Naturals IPO

Shree Ahimsa Naturals Limited IPO Opens on 25th March, 2025

March 24, 2025

New Delhi [India], March 24: Shree Ahimsa Naturals Limited has announced its plan to go public with an Initial Public Offering (IPO) on March 25, 2025, aiming to raise up to Rs.73.81 Cr with shares to be listed on the NSE Emerge. The issue is for 62,02,800 equity shares at a face value of Rs. 10 each. Highlights: Total Issue Size – 62,02,800 equity shares of Rs. 10 each Book Built Issue Size – 81 Crores (At Upper Price Band) Price Band – Rs. 113- Rs.119 Per Share Lot Size – 1200 Equity Shares Shree Ahimsa Naturals Limited Company commenced its operations in 1990 and is presently engaged in the extraction of Caffeine, Anhydrous Natural, Green Coffee Bean Extracts (GCE) and Crude Caffeine, along with trading of other herbal extracts. Its products find their application in the food & be

Business NewsFinanceFuture AheadIndusInd Bank:NW DraftPNN NewsPress ReleaseStrong and Promising

IndusInd Bank: A Strong and Promising Future Ahead

March 13, 2025

Mumbai (Maharashtra) [India], March 13: The bank looks in a very strong position and management is extremely capable to accept all challenges. Bank is continuously growing by providing best services to his customers in India and globally. Overall, it’s look that the bank’s profitability and capital adequacy remain healthy to absorb this one-time impact and all will be in normal position soon. In December 2024 quarter the profit after tax (PAT) was ahead of Street’s estimates of Rs 1,282 crore. At the current valuations bank is already pricing in most of these uncertainties. The ROE of induslnd is 14.26% slightly better than HDFC ( 14.03 %) and even better then Kotak ( 14.01%)Also induslnd bank capital adequacy ratio is lot better at 17.23% which is still above ICICI (16.33%) and even bett

Business NewsFinanceNW DraftPNN NewsPress ReleaseSuper Iron Foundry Ltd

Super Iron Foundry Ltd plans to raise up to Rs. 68.05 crore from Public Issue; IPO opens on March 11

March 10, 2025

Kolkata (West Bengal) [India], March 10: Kolkata based Super Iron Foundry Ltd, a company specializing in manufacturing and exports of Manhole Covers & Sanitary Castings, is planning to raise up to Rs. 68.05 crore from its SME public issue. The company has received approval to launch its public issue on BSE SME Platform. The public issue open for subscription on March 11 and closes on March 13. The Proceeds of the public issue will be used for business expansion, including Funding working capital requirements, Repayment/pre-payment, in full or in part, of certain borrowings availed by the company and general corporate purposes. Horizon Management Private Limited is the lead manager of the issue. Highlights: Fresh Public issue of Rs. 68.05 crore opens for subscription from March 11 to M

Anya Polytech and Fertilizers LtdBusiness NewsFinanceNW DraftPNN NewsPolyfilm Packaging Pvt LtdPress Release

Anya Polytech and Fertilizers Ltd acquires 60 percent paid-up equity of Polyfilm Packaging Pvt Ltd

March 8, 2025

New Delhi [India], March 8: Anya Polytech & Fertilizers Ltd (NSE – ANYA), a company engaged in the business of Fertilizers, has acquired 60% of the paid up equity share capital of Polyfilm Packaging Pvt Ltd. This strategic investment highlights Anya Polytech & Fertilizers Limited’s (Anya) commitment to enhancing production capacity and addressing the growing demand of its customers. This acquisition will lead to the addition of prominent clients to its portfolio including Rastriya Chemicals & Fertilizers Limited (RCF), Hindustan Petroleum & Chemicals Limited (HPCL), and Vizag Steels Limited. Polyfilm Packaging Pvt Ltd has its manufacturing facility located in Bhopal, Madhya Pradesh. The newly acquired facility spans an area of 6,250 SQM, with a built-up area of 4,070 SQM. I

Business NewsFinanceLong-Term GrowthMomentum 50 Index FundMomentum InvestingPNB MetLife Nifty 500PNN NewsPress Release

Unlock Momentum Investing with PNB MetLife Nifty 500 Momentum 50 Index Fund for Long-Term Growth

February 26, 2025

New Delhi [India], February 26: In today’s dynamic market, prospect/ policy holders seek strategies that optimize returns while maintaining a balanced risk approach. Momentum investing has emerged as a powerful strategy, focusing on stocks that have demonstrated strong upward price movement. Leveraging this strategy, PNB MetLife has introduced the “PNB MetLife Nifty 500 Momentum 50 Index Fund” (ULIF03115/02/25NIFTYMOMEN117), a passively managed fund that will be benchmarked against NIFTY 500 Momentum 50 Index Fund for its performance. This fund tracks the performance of the Nifty 500 Momentum 50 Index Fund, which includes the top 50 stocks demonstrating the highest stock price momentum within the Nifty 500 Index Fund. The index fund has delivered an impressive 29.3% annual price return ove

Beezaasan Explotech Limited IPOFinanceNW DraftPNN NewsPress Release

Beezaasan Explotech Limited IPO Closes on February 25, 2025

February 24, 2025

New Delhi [India], February 24: Beezaasan Explotech Limited has announced its plan to go public with an Initial Public Offering (IPO) from 21st February 2025 to 25th February 2025, aiming to raise up to ₹59.93 Crores with shares to be listed on the BSE SME platform. The Issue is up to 34.25 Lakh equity shares at a face value of ₹ 10/- each. IPO Details IPO Date February 21, 2025- February 25, 2025 Listing Date – Face Value ₹ 10/- per share Price Band ₹ 165/- to ₹ 175/- per Share Lot Size 800 Shares Total Issue Size Up to 34.25 Lakh Shares (Aggregating up to ₹ 59.93 Cr) Fresh Issue Up to 34.25 Lakh Shares (Aggregating up to ₹ 59.93 Cr) Offer for Sale – Issue Type 100% Book Built Offer Listing At BSE SME PLATFORM Share Holding Pre-Issue 94,96,333 shares Share Holding

FinanceGujarat InjectNW DraftPNN NewsPress Release

Gujarat Inject (Kerala) Limited Announces Stock Split Approval and Impressive Q3 FY24-25 Financial Results

February 24, 2025

Vadodara (Gujarat) [India], February 24: BSE-listed Gujarat Inject (Kerala) Limited (BSE: 524238), a leading agricultural company, reported a staggering increase of 4,500% in its net profit for the quarter ended December 2024. The company specializes in the trade of bulk vegetables and fruits, sourcing fresh produce directly from farmers and delivering it to shop owners, ensuring quality, freshness, and a seamless supply chain. The Board of Directors of Gujarat Inject (Kerala) Limited approved the sub-division of each equity share of the company having a face value of Rs. 10 into ten equity shares with a face value of Re. 1 each. This move aims to improve liquidity in the stock market and encourage participation from retail investors by making the shares more accessible. Key Highlights: G

Business NewsFinancePNN NewsPress ReleaseSwasth Foodtech India Limited IPO

Swasth Foodtech India Limited IPO Opens On 20th February 2025

February 20, 2025

Kolkata (West Bengal) [India], February 20: Swasth Foodtech India Limited specializes in processing rice bran oil from crude rice bran oil,producing various grades and colours tailored to customer specifications, has announced its plan to go public with an IPO on February 20, 2025, aiming to raise ₹ 14.92 Crores, with shares to be listed on the BSE SME platform. Equity Share Allocation Non-Institutional Investors (NII) – Up to 7,53,600 Equity Shares Retail Individual Investors (RII) – Up to 7,53,600 Equity Shares Market Maker – Up to 80,400 Equity Shares The net proceeds from the issue will be utilized primarily for Setting up of a packing line at their existing manufacturing unit, Funding of working capital requirements of our Company, & General Corporate Expenses. The issue will op

Awards with Asia Insurance ReviewBajaj Allianz General InsuranceBusiness NewsFinancePNN NewsPress Release

Bajaj Allianz General Insurance Announces Global Insurance Excellence Awards with Asia Insurance Review

February 19, 2025

Pune (Maharashtra) [India], February 19: Bajaj Allianz General Insurance, one of the leading private general insurers of India, is thrilled to announce the Global Insurance Excellence Awards (GIEA), which aims to celebrate and honour the outstanding contributions of general insurance and health insurance advisors across Asia, the Middle East, and North Africa. Asia Insurance Review (AIR), a trusted name in the industry, has been chosen to oversee and administer the prestigious Awards for 2025, adding further credibility and international expertise to the event. The event, hosted by Bajaj Allianz General Insurance, will honour exceptional advisors from the insurance industry in India and internationally across eleven distinct award categories. The awards will be evaluated by an august panel

Business NewsFinanceMutual FundsPNN NewsPress ReleaseTax Benefits

Mutual Funds and Tax Benefits: What Every Investor Should Know

February 19, 2025

New Delhi [India], February 19: Mutual funds are the one-stop investment solution for people looking to invest in stocks or bonds with the expertise of a fund manager. By paying the price of a single mutual fund unit, the investor gets an expert-curated portfolio of equity, debt, and other instruments. While mutual funds provide several advantages such as low cost, diversification, and professional management, there is certainly one major benefit that every investor should know. There is one type of mutual fund that provides a direct benefit of saving taxes and helps in reducing taxable income. From the world of equity funds, ELSS funds come in the tax deduction framework of Section 80C of the Income Tax Act, 1961. So, let’s understand in detail the tax benefits of investing in ELSS funds