New Research Reports

L&T, the engineering conglomerate, by virtue of its leadership and commendable execution track record in the engineering, procurement and construction (EPC) domain is well poised to benefit from the capex upcycle in both public and private sectors.

Unimech Aerospace and Manufacturing Limited is an engineering solutions company that specializes in the manufacturing and supply of critical parts for the aerospace, defense, energy, and semiconductor industries.
The company has "build to print" capabilities, where they manufacture products based on client designs, and "build to specifications" capabilities, where they assist clients in designing the products to be manufactured.

IPO NOTE

Issue Snapshot: Issue Open: December 19 December 23, 2024 Price Band: Rs. 410 432 *Issue Size: Up to Rs 838.91 cr (Fresh issue of Rs 400 cr + Offer for sale of 1.02 cr shares including employee reservation of upto Rs. 19 crore) Reservation for: QIB upto 50% eq sh Non-Institutional upto 15% eq sh ((including 1/3rd for applications between Rs.2 lakhs to Rs.10 lakhs)) Retail atleast 35% eq sh Face Value: Rs 2 Book value: Rs 92.02 (June 30, 2024) Bid size: - 34 equity shares and in multiples thereof 100% Book built Issue Capital Structure: Pre Issue Equity: Rs.25.00 cr *Post issue Equity: Rs. 26.85 cr Listing: BSE & NSE Book Running Lead Managers: Inga Ventures Private Ltd, Axis Capital Ltd, HDFC Bank Ltd, IDBI Capital Markets & Securities Limited Sponsor Bank: Axis Bank Ltd & ICICI Bank Ltd Registrar to issue: Link Intime India Private Limited IPO Note Transrail Lighting Limited

Transrail Lighting Limited (Transrail) is an Indian engineering, procurement and construction (EPC) company that specializes in the power transmission and distribution business. The
company has integrated manufacturing facilities, as it produces key components like lattice structures, conductors and monopoles in-house.

MTARTECH derives the majority of its revenue (~60% in 1HFY25) from the clean energy segments, with most of it coming from one customer, Bloom Energy (BE).