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Anand Rathi Share & Stock Brokers is set to launch an IPO. The company aims to raise 745 crore. This fresh equity will fund long-term working capital needs. The IPO will dilute promoter stake to 69.9%. The firm's active clients have increased significantly. Revenue has nearly doubled in recent years. The company provides broking and distribution services.
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News and Media
Seshaasai Technologies, a payment card fulfillment provider, is launching an IPO to raise 480 crore for debt repayment and expansion, alongside a 333 crore offer for sale. While revenue dipped slightly in FY25 due to the absence of a large renewal project, net profit doubled, and EBITDA margins improved significantly.
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News and Media
Brokerages anticipate a limited impact on Indian IT companies' earnings due to Donald Trump's $100,000 H-1B levy. They expect increased offshoring and localization to largely compensate for the levy. Nomura, Kotak, and BofA suggest accumulating large-cap stocks like Infosys and TCS during market dips, viewing the disruption as temporary.
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News and Media
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