Market Update — 25 September 2025

Market snapshot
• Intraday moves: Benchmarks traded lower for a fifth straight session; Nifty around 25,040 / Sensex ~81,630 as markets coped with persistent foreign outflows and U.S. visa/tariff noise.

• Flows: FPIs remain net sellers in September, continuing monthly outflows that have been a key drag on senti…[Read more]

Fabtech Technologies Ltd : IPO

Open: 29 Sep, 2025
Close: 01 Oct, 2025

FV : ₹10
Price : ₹181 – ₹191

Market Lot : 75 Shares
App Amt : ₹14,325

Size : ₹230.35 Cr (Approx)
Fresh : ₹230.35 Cr (Approx 1.20 Cr Shares)
OFS : NIL

QIB : 50% (Approx ₹114.65 Cr – 60.02 Lac Shares)
HNI : 15% (Approx ₹34.39 Cr – 18 Lac Shares)
Retail : 35% (Approx ₹80.25…[Read more]

Glottis Ltd : IPO

Open: 29 Sep, 2025
Close: 01 Oct, 2025

FV : ₹2
Price : ₹120 – ₹129

Market Lot : 114 Shares
App Amt : ₹14,706

Size : ₹307 Cr (Approx)
Fresh : ₹160 Cr (Approx 1.24 Cr Shares)
OFS : ₹147 Cr (Approx 1.13 Cr Shares)

QIB : 30% (Approx ₹92.10 Cr – 71.39 Lac Shares)
HNI : 40% (Approx ₹122.80 Cr – 95.19 Lac Shares)
Retail :…[Read more]

LISTING UPDATE

VMS TMT
IPO PRICE: 99
LOT SIZE – RETAIL: 150
LOT SIZE – HNI: 2100

LISTING PRICE: 104.90(+5.90₹,+5.96%)
LISTING GAIN – RETAIL: 885/-
LISTING GAIN – HNI: 12,390/-

SAMPAT – SME
IPO PRICE: 120
LOT SIZE – INDIVIDUAL: 2400
LOT SIZE – HNI: 3600

LISTING PRICE: 120(+0₹,+0%)
LISTING GAIN: 0/-

Corporate Updates & Launches

Lemon Tree Hotels: Launches 44-room property in Andhra Pradesh; also signs new properties in Varanasi and Rewa.

Swiggy: Board approves transfer of quick commerce operations to Swiggy Instamart; divests Rapido holdings in two transactions worth a combined Rs 2,399 crore.

Infosys: Extends strategic collaboration with…[Read more]

Daily Market Update – 24 September 2025

Corporate Actions & Key Announcements

Sudarshan Chemical Industries: Q1 profit jumps 87% YoY to ₹55 cr; revenue up 296% to ₹2,507 cr.

Lemon Tree Hotels: Opens 44-room property in Andhra Pradesh; signs new hotels in Varanasi & Rewa.

Swiggy: Transfers quick commerce to Instamart; divests Rapido stake worth…[Read more]

Beat the Street Bulletin

ORDER WINS

HCC: Secures ₹2,566 crore Patna Metro contracts for underground tunnels and stations.

Dilip Buildcon: Wins ₹1,115 crore Kerala Industrial Corridor project via DBL-PSP JV.

Sahana Systems: Subsidiary Softvan secures ₹16.42 crore RailTel AI-powered solutions order.

ACQUISITION

Indian Hotel: Acquires ₹100.…[Read more]

VRIGHT Exchange – Daily Digest | Corporate & Economy Analysis for September 24, 2025

Market Overview
• Indices: Indian equities extended their losses, with the Sensex dropping over 400 points and the Nifty falling below 25,100, marking a four-day losing streak.

• Sector Performance:
o IT: Tech Mahindra and Tata Motors were among the top Nifty…[Read more]

Corporate Updates

• Godrej Industries – Approved allotment of NCDs worth ₹400 crore each under Series 1 and Series 2.

• KEC International – Secured orders worth ₹3,243 crore in international T&D business; YTD order intake now ~₹11,700 crore.

• KFin Technologies – Denied media reports of General Atlantic planning to offload 10–15% stake at 5…[Read more]

Spotlight: India’s Transmission Titans

Top 11 companies together hold a ₹1.46 lakh crore order book — driving power infrastructure growth.

Hitachi Energy India – ₹29,135 Cr
• Market leader in high-voltage transmission & smart grids.
• Strong global tech backing, EPC execution, renewable integration focus.

Kalpataru Projects – ₹26,725 Cr
• Le…[Read more]

Market Outlook – September 2025

Economy & Earnings
• Despite GST cuts and festive demand, the economy faces a white-collar employment crisis.
• Just 40 million high earners support 200+ million dependents, straining consumption.
• US tariffs (50%) continue to weigh on exports; tax cuts offset only ~50% of this damage.
• Nifty earnings, which dip…[Read more]

VRIGHT Exchange – Daily Digest | Corporate & Economy Analysis for September 23, 2025

Market Snapshot — 23 September 2025

Markets traded muted on 22 Sept 2025 amid profit-taking and sector rotation — infra, renewables and maritime saw selective strength on project/MoU news, while IT faced pressure amid policy and margin headlines; regul…[Read more]

Corporate Highlights | 22 September 2025

• Swan Defence & Heavy Industries: Signed MoU with Gujarat Maritime Board for a ₹4,250 Cr investment to expand Pipavav shipyard facilities (slipway, jetties, cranes, dredging).

• Shipping Corporation of India (SCI): Partnered with BPCL, HPCL, IOCL to jointly acquire, own, and operate vessels for inter…[Read more]

LISTING UPDATE

LTELEVATOR – SME
IPO PRICE: 78
LOT SIZE – INDIVIDUAL: 3200
LOT SIZE – HNI: 4800

LISTING PRICE: 136.10(+58.10₹,+74.49%)
LISTING GAIN – INDIVIDUAL: 1,85,920/-
LISTING GAIN – HNI: 2,78,880/

EPack Prefab Technologies Ltd : IPO

Open: 24 Sep, 2025
Close: 26 Sep, 2025

FV : ₹2
Price : ₹194 – ₹204

Market Lot : 73 Shares
App Amt : ₹14,8…[Read more]

LISTING UPDATE

AIRFLOA – SME
IPO PRICE: 140
LOT SIZE – INDIVIDUAL: 2000
LOT SIZE – HNI: 3000

LISTING PRICE: 266(+126₹,+90%)
LISTING GAIN – INDIVIDUAL: 2,52,000/-
LISTING GAIN – HNI: 3,78,000/-

Ongoing IPO

TEChD CYBERSECURITY LTD- SME IPO
LAST DAY SUBS.FIGURE AT 05:00 P.M.
◆QIB 284.17X**
◆BHNI 1517.95X
◆SHNI 801.19X
◆RII 726.06X
OVERALL 718…[Read more]

Corporate Updates

• Senores Pharma – Infused $2 mn in its U.S. arm via rights issue.

• Unichem Labs – Faces fresh EC demand of €16.7 mn (total €19.5 mn).

• Allied Blenders – Debuts portfolio in Bengaluru duty-free travel retail.

• Sai Life Sciences – Opened new veterinary API facility in Bidar.

• Biocon Biologics – Yesafili (Eylea biosimi…[Read more]