Sector-wise corporate and economic news report for June 18, 2025

Market & Macro Overview
Equity Market: Indian indices likely to open flat amid global caution due to oil spike and Middle East tensions.

Gift Nifty: 24,834

Brent Crude: $81.1/barrel

USD/INR: 86.38

Bond Yield (10Y): ~7.06%

RBI Watch: Exploring liquidity absorption tools to align call money rate with repo.

>> Financial Services & Banking
BSE vs NSE Derivative Expiry: SEBI approves new expiry days — BSE: Thursday, NSE: Tuesday, potentially changing trading patterns.

Ugro Capital: Acquiring SME-focused Profectus Capital for ₹1,400 crore in a single tranche.

Punjab National Bank: Sold entire 20.90% stake in India SME ARC for ₹34 crore.

Manba Finance: Considering private placement of NCDs or debt securities up to ₹200 crore.

>> Infrastructure & Construction
Polycab India: Won massive ₹6,447.54 crore BSNL contract for BharatNet in Karnataka, Goa, Puducherry.

RailTel Corporation: Received ₹43.9 crore order from Zoram Electronics.

EMS Ltd: Lowest bidder for ₹184 crore UP Jal Nigam project.

Ventive Hospitality: Board approved merger of three infra-hospitality arms into itself.

Nuvoco Vistas: Chhattisgarh HC disposed of petitions related to Sonadih plant transfer.

>> Manufacturing & Industrial Goods
Electrosteel Castings: Planned 10–12 day shutdown of MBF facility at Khardah for maintenance.

Sanghvi Movers: Arm renamed to Sangreen BioRenew from SamoRenewables.

>> Automobile & Auto Components
Mahindra & Mahindra: CCI approves acquisition of SML Isuzu.

>> Technology & Innovation
DCX India: Secured ₹28.59 crore export order from overseas/domestic customers.

>> Telecom & Digital Infrastructure
Polycab–BSNL Deal: Major boost to rural internet infrastructure under BharatNet initiative.

>> Consumer & Retail
Avenue Supermarts (DMart): Opened new store in Agra; total count now 421.

Vishal Mega Mart: Promoter Kedaara Capital to offload 10% stake for ₹5,057 crore.

>> Aviation & Transportation
GMR Airports: May 2025 passenger traffic up 0.8% YoY, reaching 1 crore flyers.

>> Healthcare & Pharma
Alembic Pharma: Issued $22 million corporate guarantee for US subsidiary term loan.

Neuland Labs: Received SEBI warning letter for insider trading lapse.

Biocon: Announced ₹4,500 crore QIP at ₹340.2/share (5% discount).

Strides Pharma: Divesting entire stake in Strides CIS Cyprus for $100.

>> Defence & Aerospace
Bharat Forge: Signed MoU with Turgis Gaillard to jointly market AAROK UAV for Indian defence — long-range surveillance drones.

>> Metals & Mining
Hindustan Zinc: Plans ₹12,000 crore capex over 3 years to boost refined metal capacity by 250K TPA — aiming to double capacity in 5 years.

Jindal Steel & Power: Name change approved to Jindal Steel.

>> Agri & Chemicals
Heranba Industries: CFO Rajkumar Bafna resigned.

>> Media, Gaming & Entertainment
Nazara Technologies: Allotted shares worth ₹495 crore to Axana Estates at ₹990 via preferential allotment.

Zee Entertainment: Approves ₹2,237 crore promoter fund infusion via warrants at ₹132/share; promoter stake to rise to 18.39%.

Network18: Sold 100% stake in Media18 Distribution to Prakhar Commercials for ₹1 lakh.

>> Logistics
Delhivery: CCI clears acquisition of controlling stake in Ecom Express for ₹1,407 crore — major industry consolidation move.

>> Capital Markets & IPOs

>REIT
Knowledge Realty Trust (Blackstone-backed) raised ₹1,400 Cr in India’s first-ever REIT pre-IPO placement, signaling strong institutional appetite

Investor Insight: A landmark milestone, paving the way for more structured real-estate listings in India’s capital markets.

>> Infrastructure Tech
ArisInfra Solutions launched its ₹499.6 Cr IPO (Price Band: ₹210–222) today, till June 20. Pre-IPO upsized to ~₹500 Cr; grey market premium (GMP) ~₹27 — indicating ~12–18% first-day listing gain
economictimes.indiatimes.com

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Investor Insight: Good subscription momentum; construction-tech niche gaining investor interest amid capex revival.

>> Healthcare Tech
Influx Healthtech (CDMO) opened its ₹55.6 Cr IPO today; comprises ₹45.1 Cr fresh issue + ₹10.6 Cr OFS; closes on June 20

Investor Insight: CDMO space remains attractive with potential strong tailwinds from increased biotech manufacturing.

>>> Engineering & SME
Patil Automation Ltd. (₹69.6 Cr IPO) closes subscriptions today; fresh-issue only, no OFS

Eppeltone Engineers IPO (RV: ₹125–₹128) opened June 17, closes June 19
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Investor Insight: SME IPOs are performing well—both niche engineering names show strong uptake (Eppeltone ~7x day‑1).

>> Mainboard Manufacturing
Oswal Pumps IPO (~₹1,387 Cr) closed June 17; oversubscribed ~34x; GMP ₹60 (~9.7%)

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Investor Insight: Clear evidence of hot demand in SME and mid-cap manufacturing offerings.

>> SME Tech
Monolithisch India Solutions SME IPO (~₹82 Cr) closed June 16, oversubscribed ~183x; allotment out June 18, listing likely June 19

Investor Insight: Exceptionally high pre-listing demand, signaling investor confidence in SME growth stories.

>> Future IPO Watchlist
Lumino Industries (₹1,000 Cr), M&B Engineering (₹650 Cr), and Sunshine Pictures received SEBI approvals — filing/red herring stage, IPOs expected within 12 months
hdfcsky.com

Orkla India (MTR Foods) filed DRHP for Offer-for-Sale only
timesofindia.indiatimes.com
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>> Investor Sentiment & Strategy
Hot IPO Market: Over a dozen IPOs lined up in June, with SME/infra/tech names seeing robust demand .

Listing Gains: GMP data for ArisInfra, Oswal Pumps, Monolithisch indicate expected healthy listing pops of 10–30%.

Sector Focus:

Infra Tech (ArisInfra) resonates in capex-heavy environment.

CDMOs (Influx) riding biotech outsourcing boom.

SME manufacturing offers diversified niche plays with strong institutional backing.

REIT Evolution: Blackstone’s REIT-for-REIT fundraise sets a structural precedent for REIT funding models in India.

Monitor Upcoming Large IPOs: Lumino (conductors), big-ticket M&B Engineering, Orkla (FMCG), and possibly Ather Energy to tap markets.

Bottom Line: We’re witnessing a strong resurgence in India’s IPO cycle—rising appetite in infrastructure-tech, SMEs, and healthcare manufacturing. Investors should leverage this environment with selective, high-conviction bets in oversubscribed segments, while maintaining discipline in pricing and sector fundamentals.

Source -Web and News Portals