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Hans India
a day ago
- Business
- Hans India
Aditya Infotech Raises ₹582 Cr from Anchor Investors Ahead of ₹1,300 Cr IPO
Aditya Infotech, maker of CP Plus security products, raised ₹582 crore from 54 anchor investors on July 28, 2025, a day before its IPO opened. Shares were priced at ₹675 each. Major investors included the Government of Singapore, HDFC MF, SBI MF, and Goldman Sachs. The ₹1,300 crore IPO includes a ₹500 crore fresh issue and an ₹800 crore offer for sale. The price band is ₹640–₹675. The IPO runs from July 29 to July 31, and listing is expected on August 5. Proceeds of ₹375 crore will be used to repay debt (₹405 crore as of March 2024). The rest will go toward general business purposes. The company sells security solutions under CP Plus, serving both homes and enterprises. The IPO allotment: 75% for institutions, 15% for HNIs, and 10% for retail. ICICI Securities and IIFL Securities are the lead managers.
Time of India
17-06-2025
- Business
- Time of India
Vishal Mega Mart promoter sells equity worth Rs 10,220 crore via block deals, 3 mutual funds among buyers
Vishal Mega Mart promoter entity Samayat Services LLP on Tuesday sold 90 crore equity shares worth Rs 10,220 crore in the company via block deals. Among the buyers were SBI Mutual Fund, HDFC MF and Kotak Mahindra MF who bought just over 32 crore shares between them at a combined cost of Rs 3,636 crore. Half of the shares were sold at a price of Rs 113.51 a piece while the remaining were sold at Rs 113.61 which was at a discount of 9% from the Monday closing price of Rs 124.85. SBI MF bought nearly 16.6 crore shares worth Rs 1,882 crore in a couple of tranches. Kotak MF purchased 7.95 crore shares at Rs 903 crore while HDFC MF bought 7.5 crore shares at a deal size of Rs 851 crore. Vishal Mega Mart promoter entity Samayat Services LLP on Tuesday sold 45 crore equity shares worth Rs 5,108 crore in the company via block deals. The shares were bought by SBI Mutual Fund, HDFC MF and Kotak Mahindra MF. Samayat Services held 74.55% stake in the company as on March 31, 2025. The midcap company, which has a market capitalisation of Rs 58,096 was listed on December 18, 2024. Vishal Mega Mart shares have rallied 18% in 2025, so far outperforming Nifty which has delivered 5% returns this year. Since its listing the returns stand at 12%. Vishal Mega Mart is a diversified retail company in India, primarily operating as a hypermarket chain. Their core business revolves around providing a wide range of products at affordable prices to middle and lower-middle-income groups. They offer products under categories like apparel, general merchandise and Fast-Moving Consumer Goods (FMCG) including groceries, personal care items and household essentials. The retail chain reported an 88% year-on-year (YoY) rise in net profit to Rs 115.1 crore for the March 2025 quarter, compared with Rs 61.2 crore in the same quarter last year. Revenue from operations rose 23.2% to Rs 2,547.9 crore in Q4 FY25, up from Rs 2,068.9 crore in Q4 FY24. Operating performance also improved, with EBITDA climbing 42.6% to Rs 357 crore from Rs 250.5 crore in the year-ago period. EBITDA margin expanded to 14% in the reporting quarter, compared with 12.1% a year earlier. EBITDA refers to earnings before interest, tax, depreciation, and amortisation.
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Business Standard
20-05-2025
- Business
- Business Standard
Belrise Industries raises Rs 645 crore from anchor investors ahead of IPO
BlackRock, Capital Group, HDFC MF, and others invest in Belrise ahead of its Rs 2,150 crore IPO, which opens Wednesday and aims to repay debt through fresh issue BS Reporter Mumbai
