Street Calls | Fund Houses Recommendations

Positive Calls

Morgan Stanley on ABFRL: Upgraded to Overweight; target price ₹131/share.

Morgan Stanley on ABLBL: Initiated coverage with Overweight; target price ₹175/share.

Jefferies on HUL: Maintained Buy; target price ₹3,000/share.

BofA on HUL: Maintained Neutral; raised target price to ₹2,84…[Read more]

LISTING UPDATE
GOELCONS – SME
IPO PRICE: 263
LOT SIZE – INDIVIDUAL: 800
LOT SIZE – HNI: 1200

LISTING PRICE: 302.50(+39.50₹,+15.02%)
LISTING GAIN – INDIVIDUAL: 31600/-
LISTING GAIN – HNI: 47400/-

AMANTA-Mainboard
IPO PRICE: 126
LOT SIZE – RETAIL: 119
LOT SIZE – HNI: 1666

LISTING PRICE: 135(+9₹,+7.14%)
LISTING GAIN – RETAIL: 1071/-
LISTING GAI…[Read more]

Upcoming IPO Snapshot (Sept 10–12, 2025)

From VRIGHT Exchange Research & Strategy Desk

-. Dev Accelerator Limited (Flexible Workspace Provider)
• Price Band: ₹56–₹61/share
• Issue Size: ~₹143 crore (Fresh issue; ~2.35 crore shares)
• Lot Size: 235 shares (₹13,160–₹14,335/lot)
• GMP: ₹9–₹10 → ~14–15% listing upside

Key Strengths
• Focus on…[Read more]

Listing update

RACHIT PRINTS Ltd -BSE SME
IPO PRICE: 149
LOT SIZE – INDIVIDUAL: 2000
LOT SIZE – HNI: 3000

LISTING PRICE: 119.2(-29.80₹, -20%)
LISTING LOSS – INDIVIDUAL: -59600/-
LISTING LOSS – HNI: -89400/

Fund Houses Recommendations – September 5, 2025

🔹 Positive Recommendations

DLF | Jefferies: Buy; Target ₹1,000/sh.

Voltas | UBS: Buy; Target ₹1,770/sh.

Cholamandalam Finance | HSBC: Buy; Target ₹1,670/sh.

Inox Wind | Nuvama: Buy; Target ₹190/sh.

NALCO | Antique: Buy; Target ₹262/sh.

Ola Electric | Goldman Sachs: Buy; Target ₹72/sh (rai…[Read more]

Earnings Call -Ashapura Minechem Limited

Date: Today, 4th September, 2025
• Time: 4:00 PM IST

Dial-in Details:
Primary (India) -91 22 6280 1488‬; ‪+91 22 7115 8869‬

Management Team:
Mr. Chetan Shah – Chairman
Mr. Manan Shah – Promoter Group
Mr. Ashish Desai – Chief Financial Officer
Mr. Sachin Polke – Company Secretary & President, Corp…[Read more]

Virtual IPO Meet | Nilachal Carbo Metalicks Limited

Date: Friday, 5th September, 2025

Time: 04:30 PM

YouTube Live link:

GOEL CONSTRUCTION CO LTD- SME IPO
LAST DAY SUBS.FIGURE AT 05:00 P.M.
◆QIB 124.27X**
◆BHNI 281.32X
◆SHNI 113.29X
◆RII 88.61X
◆EMP 00.98X
OVERALL 124.32X
(Excluding Anchor (if any) )

Total No of FORMS : 1,76,313
Ret.Apps Wise : 88.61X

OPTIVALUE TEK CONSULTING LTD -SME IPO
LAST DAY SUBS.FIGURE AT 05:00 P.M.
◆QIB 49.27…[Read more]

IPO Conference | Karbonsteel Engineering Limited

Date: Thursday, 4th September, 2025
Time: 04:00 PM

YouTube Live link:

IPO Meet | Taurian MPS Limited

Date: Thursday, 04th September, 2025
Time: 02:00 PM

YouTube Live link:
https://www.youtube.com/watch?v=r-mEOH3L62

IPO LISTING UPDATE- 4 Sept 2025
OVAL – SME
IPO PRICE: 85
LOT SIZE – INDIVIDUAL: 3200
LOT SIZE – HNI: 4800

LISTING PRICE: 85.25(+0.25₹,+0.29%)
LISTING GAIN – INDIVIDUAL: 800/-
LISTING GAIN – HNI: 1200/-

RACHIT PRINTS LTD SME IPO

LAST DAY SUBS.FIGURE AT 05:00 P.M.

◆QIB 1.00X**
◆BHNI 1.58X
◆SHNI 0.59X
◆RII 2.74X
OVE…[Read more]

Listing Update -3 September 2025

SATTVA – SME
IPO PRICE: 75
LOT SIZE – INDIVIDUAL: 3200
LOT SIZE – HNI: 4800

LISTING PRICE: 95.10(+20.10₹,+26.80%)
LISTING GAIN – INDIVIDUAL: 64,320/-
LISTING GAIN – HNI: 96,480/-

Current Infraprojects Ltd-SME

IPO PRICE: 80
LOT SIZE – INDIVIDUAL: 3200
LOT SIZE – HNI: 4800

LISTING PRICE: 1…[Read more]

Upcoming Public Issues

Shringar House of Mangalsutra Ltd

Open: 10 Sep, 2025
Close: 12 Sep, 2025

FV : ₹10
Price : ₹155 – ₹165

Market Lot : 90 Shares
App Amt : ₹14,850

Size : ₹400.95 Cr (Approx)
Fresh : ₹400.95 Cr (Approx 2.43 Cr Shares)
OFS : NIL

QIB : 50% (Approx ₹200.33 Cr – 1.21 Cr Shares)
HNI : 15% (Approx ₹60.10 Cr – 36.42 Lac Share…[Read more]