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Lenskart Solutions IPO Allotment Status, GMP, Subscription & Listing Date

Lenskart Solutions Ltd., India’s leading omni-channel eyewear manufacturer-retailer, is launching an initial public offering that aims to raise up to ₹7,278.02 crore. The issue opens for subscription on October 31 2025 and will close on November 4 2025, with a price band fixed at ₹382 to ₹402 per share. The IPO comprises a fresh share issuance of approximately ₹2,150 crore and an offer-for-sale (OFS) of about ₹5,128.02 crore by existing shareholders. Shares are proposed to be listed on both the Bombay Stock Exchange and the National Stock Exchange of India on November 10 2025, subject to allotment and regulatory processes.

Lenskart Solutions IPO Day 3 Subscription Status

On Day 3, Lenskart Solutions Ltd. IPO witnessed a strong investor turnout, closing with an overall subscription of 28.26 times. The Qualified Institutional Buyers (QIB) category led the demand with a robust 40.36 times subscription, indicating solid institutional participation. Among Non-Institutional Investors (NII), the bNII (above ₹10 lakh) portion was subscribed 21.81 times, while the sNII (less than ₹10 lakh) segment saw 11.06 times subscription, resulting in an overall NII subscription of 18.23 times. The Retail Individual Investors (RII) category was subscribed 7.54 times, reflecting healthy retail interest. The employee quota also received a positive response, being subscribed 4.95 times. Overall, the issue garnered 32,47,394 applications, with total bids amounting to approximately ₹1,13,319.83 crore, showcasing strong confidence across investor categories in the company’s growth potential.

Investor Category	Subscription (x)
Qualified Institutional Buyers (QIB)	40.36
Non-Institutional Investors (NII)	18.23
bNII (above ₹10 lakh)	21.81
sNII (less than ₹10 lakh)	11.06
Retail Individual Investors (RII)	7.54
Employees	4.95
Total Subscriptions	28.27

Total Applications: 32,56,295

Total Bid Amount (₹ Crores): 1,13,338

How to Check Lenskart Solutions IPO Allotment Status

Lenskart Solutions IPO allotment can be easily checked online in two ways: from the Registrar’s website and from the BSE or NSE website. This IPO will be listed on both the exchanges – BSE and NSE, so the allotment status will be available to all investors on both platforms.

Method 1: Registrar’s website (MUFG Intime India Pvt. Ltd.)

The most reliable way is to check allotment from MUFG Intime India Private Limited’s website.

How to do:

Visit MUFG Intime India Pvt. Ltd.’s official website
Select “Lenskart Solutions” from the IPO list
Enter your details PAN number, Application number, or DP/Client ID
Click on Submit
You will see the allotment status on the screen.

Method 2: Check from BSE or NSE’s website

If there is more traffic on the registrar’s website, allotment status can also be checked from BSE or NSE.

How to do:

Visit BSE or NSE’s official website
Select ‘Equity’ segment
Select “Lenskart Solutions” from the IPO list
Enter PAN number and Application number
Click on Search

Objective of the Lenskart Solutions IPO

Lenskart Solutions Ltd. plans to utilize the net proceeds from the fresh issue for the following purposes. The proceeds from the Offer for Sale (OFS) will be received by the selling shareholders and not by the company :

Use of IPO Proceeds	Amount (₹ Cr)
Capital expenditure towards set-up of new CoCo stores in India	272.62
Expenditure for lease/rent/license agreements related payments for our CoCo stores operated by the Company, in India	591.44
Investing in technology and cloud infrastructure	213.38
Brand marketing and business promotion expenses for enhancing brand awareness	320.06
Unidentified inorganic acquisitions and general corporate purposes	–

Lenskart Solutions IPO GMP – Day 3 Update

The grey market premium (GMP) of the Lenskart Solutions IPO stands at ₹53 as of November 04, 2025 (Day 3). Considering the upper end of the price band at ₹402 per share, the estimated listing price is around ₹455, reflecting a potential gain of approximately 13.18% per share in the grey market.

Date	GMP	Est. Listing Price	Gain
04-11-2025 (Day 3)	₹53	₹455	13.18%

Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.

Lenskart Solutions IPO – Key Details

Particulars	Details
IPO Opening Date	October 31, 2025
IPO Closing Date	November 04, 2025
Issue Price Band	₹382 to ₹402 per share
Total Issue Size	18,10,45,160 shares(aggregating up to ₹7,278.02 Cr)
Listing Platform	BSE, NSE
Registrar	MUFG Intime India Pvt. Ltd.
Lenskart Solutions IPO RHP	Click here

Important Dates for Lenskart Solutions IPO Allotment

Event	Date
Tentative Allotment	November 06, 2025
Refunds Initiation	November 07, 2025
Credit of Shares to Demat	November 07, 2025
Listing Date	November 10, 2025

Lenskart Solutions Overview

Lenskart Solutions Ltd. is a technology-driven, omni-channel eyewear company engaged in designing, manufacturing, branding, and retailing of a wide range of eyewear products, including prescription eyeglasses, sunglasses, contact lenses, and accessories. With a mission to provide affordable and quality “Eyewear for All,” Lenskart integrates advanced technology, cloud infrastructure, and a centralized supply chain to deliver precision-made eyewear at scale. India is its largest market, where it operates over 2,100 stores, while its international presence spans Japan, Southeast Asia, and the Middle East through the Lenskart and Owndays brands. The company owns vertically integrated manufacturing facilities in Bhiwadi (Rajasthan) and Gurugram (Haryana), supported by regional hubs in Singapore and the UAE, enabling rapid fulfillment and next-day delivery in select locations. Leveraging AI-driven design, automation, and remote optometry solutions, Lenskart provides accessible eye testing and customized eyewear to millions of customers globally. According to the Redseer Report, it is India’s largest and Asia’s second-largest organized retailer of prescription eyeglasses by sales volume in FY2025.

Frequently Asked Questions (FAQs)

What is the opening and closing date of Lenskart Solutions IPO?
Lenskart Solutions IPO is open on 31 October 2025 and will close on 04 November 2025.
What is the price band of the Lenskart Solutions IPO?
Its price band is fixed from ₹382 to ₹402 per share.
What is the GMP (Grey Market Premium) of Lenskart Solutions IPO today?
The GMP on 04 November 2025 is ₹53, which leads to a possible listing price of ₹455.
What is the total issue size of Lenskart Solutions IPO?
The total issue size of the Lenskart Solutions IPO is ₹455.49 crore, entirely as an “Fresh Capital-cum-Offer for Sale.”
What is the expected listing date of Lenskart Solutions?
This IPO is expected to be listed on BSE and NSE on 10 November 2025.

November 4, 2025

Top Aerospace Stocks in India 2025

The aerospace and defence market in India is flying high. As the government drives towards Atmanirbhar Bharat, the aviation industry is expanding both in terms of technology and financially. Aerospace stocks can be an addition to the portfolio of any investor seeking to make long-term growth investments with solid fundamentals. We shall consider what factors are driving this industry and which companies in India are leading aerospace sector.

What are Aerospace Stocks?

Consider aerospace stocks as the stocks of companies that help the world fly in the sky. These are the companies that construct aeroplanes, helicopters, fighter jets, missiles, satellites and even rockets which fly into space. When you purchase aerospace stocks, you are also investing in the manufacturers of modern aviation and space travel.

Indian Aerospace Industry – An Overview

India’s aerospace and defence sector is growing. On one side, the demand for passenger aircraft is soaring as more people take to the skies. On the other hand, defence spending is climbing steadily, all of which is helping the country’s aerospace ecosystem expand faster than ever. Experts estimate that India’s aerospace and defence market could touch US$70 billion by 2030, because of growing airline fleets, better infrastructure, and a strong government push for local manufacturing. Rising passenger traffic also means more aircraft maintenance, repair, and overhaul (MRO) opportunities, an area where Indian companies are quickly stepping up.

The Indian government has been a big part of this transformation. Several key policies are shaping the sector’s future:

Increased FDI cap to 74% to open the door to more foreigners and technology partners.
The iDEX (Innovations for Defence Excellence) initiative helps startups, MSMEs, and innovators to develop innovative defence and aerospace technologies.
Defence Production and Export Promotion Policy 2020 seeks to promote exports and attain close to 70% self-reliance in defence production by 2027.

List of Best Aerospace Stocks based on Market Cap

S. No	Company Name	Market Cap (in crores)	CMP (in ₹)	52-W High	52-W Low	PE Ratio (x)	ROCE (in %)	ROE (in %)
1	HAL	325338	4865	5166	3046	39.17	17.41	23.91
2	Bharat Electronics	308,363	422	436	240	56.10	33.72	26.64
3	Bharat Dynamics	56655	1545	2097	890	101.30	10.18	13.70
4	Garden Reach Shipbuilders	30401	2655	3538	1184	54.23	32.36	25.36
5	Data Pattern	15928	2845	3269	1350	74.20	19.67	14.70
6	Zen Technologies	12650	1400	2628	945	48.51	23.07	16.47
7	Astra Microwave	10340	1100	1196	584	63.60	20.84	13.97
8	Apollo Micro Systems	9844	293.3	355	90	148.13	16.16	9.29
9	Mishra Dhatu Nigam	7184	384	469	227	60.15	8.32	7.83
10	Mtar Technologies	6980	2269	2319	1155	115.37	11.24	7.36

(as on October 24, 2025)

1. HAL

Hindustan Aeronautics Limited, also known as HAL, has been the symbol of the Indian aerospace story since 1940. The organisation supports many aircraft that have made up the operational expansion of the Indian Air Force, including the Tejas fighter jet and the Dhruv helicopter. Through the decades, HAL has turned India into a country that no longer only buys aircraft but also produces them. As the company develops one project after another, it gradually moves the nation to the next stage of self-sufficiency in aviation and defence technology.

2. Bharat Electronics

Bharat Electronics Limited, or BEL, was established in 1954 and quickly became India’s important name in defence electronics. From radar systems to night vision gear and missile control units, BEL builds the brains that power India’s defence systems. It is one of those rare companies that quietly does big things, constantly innovating, supporting the armed forces, and helping modernise India’s defence infrastructure.

3. Bharat Dynamics

When Bharat Dynamics Limited was established in 1970, its sole objective was to provide India with advanced missile systems. Now, the company is well-known for manufacturing guided weapons, such as the Akash and Nag missiles, which form the core of India’s strategic defence. India has developed revolutionary missile technology that competes well with some of the best in the world because of BDL’s close partnership with DRDO.

4. Garden Reach Shipbuilders

GRSE Garden Reach Shipbuilders & Engineers was established in 1884, long before India gained its independence. It is based in Kolkata and started as a small-scale ship-repair workshop and has, over the years, since then, been one of the main manufacturers of warships that the Indian Navy uses. GRSE manufactures a large variety of vessels, including patrol boats, advanced frigates and hence plays an important role in the improvement of the maritime facilities of India.

5. Data Patterns (India)

Data Patterns is one of those emerging defence and aerospace companies that evolved by way of nothing but innovation. It was founded in the 1998 and makes advanced electronic systems for missiles, radars, and avionics. All of these systems are made in India. The company has an outstanding record for doing all operations in-house, from design to testing, and works closely with DRDO and ISRO. It is a great example of India’s evolving technology sector.

6. Zen Technologies

Zen Technologies shows that not all new ideas in defence come from labs; some come from simulators. Zen, which started in 1993, makes advanced training systems that let soldiers practice real-life combat situations without exposing them to danger. Their simulators use virtual reality and artificial intelligence to demonstrate to officers and soldiers how to carry out tactical operations. This relatively small yet useful company is transforming the approach by which the next generation of soldiers gets ready for battle.

7. Astra Microwave Products

Established in Hyderabad in 1991, Astra Microwave has grown to be an established company in the space and defence electronics. It manufactures the microwave and radio frequency parts for communication systems, satellites, and radars. Projects for the Indian Armed Forces, ISRO, and DRDO are powered by its technology.

8. Apollo Micro Systems

Established in 1997, Apollo Micro Systems creates crucial electronic systems for space, defence, and even railroads. The Hyderabad-based company creates embedded software and sensors for use in extremely complicated systems. What differentiates Apollo is its focus on indigenous technology, building locally instead of depending on imports. Despite being a small company, it has a lot of potential as India enhances its “Make in India” campaign.

9. Mishra Dhatu Nigam Limited

Although Mishra Dhatu Nigam, or MIDHANI, does not produce expensive jets or missiles, it manufactures the materials required for them. MIDHANI was founded in 1973 and manufactures special metals, alloys, and superalloys for use in nuclear systems, rockets, and aeroplanes. MIDHANI’s steel, nickel, and titanium alloys are used in everything from DRDO’s missiles to ISRO’s rockets. It is, in fact, a hidden powerhouse that maintains India’s space and defence initiatives.

10. Mtar Technologies

One of India’s best-known precision engineering companies is MTAR Technologies, which was founded in 1970. It makes complex components for nuclear reactors, rockets, and missile systems, working closely with ISRO, DRDO, and NPCIL. MTAR’s particularity manufactures parts that require absolute accuracy.

Challenges of Aerospace Stocks

Despite its potential, India’s aerospace sector still faces a few bumps on the runway:

Technology gap: Indian companies still lack access to advanced aerospace technology. Strict FDI rules mean foreign firms hesitate to share their latest innovations.
Dependence on imported materials: Critical inputs like titanium, aluminum, and composites are often sourced from abroad.
Limited private R&D: Most of the research is done by government agencies like HAL, DRDO, and ISRO; the research by the private sector has not caught up yet.
Skill shortages: India needs more engineers and technicians trained to global aerospace standards.

Read Also: Best Material Stocks in India

Conclusion

Although India’s aerospace industry is still in its emerging phase, it is already shaping up to be one of the most compelling growth stories of this decade. As the government increases its defence budget, expanding the Make in India initiative and opening the sector for private businesses, the nation is gradually developing a powerful and autonomous aerospace industry. Surely, there are still some roadblocks on the way, but India is going up the value chain. Aerospace stocks may also be a good suggestion for a long-term investor who is patient and does not mind waiting until India becomes a global powerhouse in aviation and space technology.

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Frequently Asked Questions (FAQs)

Are aerospace stocks and defence stocks the same?
Yes, the stocks sort of overlap, but they are not completely the same. Aerospace focuses on aircraft and space systems, while defence includes weapons, radars, and other military technology.
Is it safe to invest in these stocks?
They are generally considered stable for the long term, especially PSUs like HAL, BEL, etc. But, similar to any other investment, it is suggested to research before investing.
Can private companies compete with government-owned aerospace firms?
Yes, private companies are also gaining popularity and gradually becoming famous with innovation and global partnerships.
How can I invest in aerospace stocks?
You can buy shares directly through your broker or invest with the help of thematic funds or ETFs.
What is the future outlook of this industry?
India aims to become a global aerospace hub by 2030, supported by policy reforms, technology upgrades, and private participation.

November 4, 2025

List of Coworking Space Stocks in India 2025

Freelancers and startups are always concerned about the expenses related to office spaces. They generally are not able to afford setting up offices with high amenities such as high-speed internet, meeting rooms, etc. Then, various companies found it as an opportunity and started renting shared Coworking Spaces with all modern facilities.

In today’s blog post, we will give you an overview of the top Coworking Space Stocks, along with the benefits of investing in them.

What is Coworking Space?

A Coworking Space is a common or shared office space where individuals from different companies work in a common workspace. They use the office premises based on a monthly or yearly subscription. Coworking Spaces are equipped with all modern facilities such as high-speed internet, cafeteria, conference room, etc. They are generally used by freelancers, startups, etc.

Top Coworking Space Stocks

AWFIS Space Solutions Limited
DEV Accelerators Limited
EFC Limited
Indiqube Spaces Limited
Kontor Space Limited
Smart Coworking Spaces Limited
WeWork India Management Limited

Company	Current Market Price (INR)	Market Capitalisation (in INR crore)	52-Week High	52-Week Low
AWFIS Space Solutions Limited	609.5	4,358	614.50	602.10
DEV Accelerators Limited	44.60	402	46.14	43.5
EFC Limited	296.8	2,954	305.9	296
Indiqube Spaces Limited	223.6	4,696	227.2	223
Kontor Space Limited	77	47	77	74.65
Smart Coworking Spaces Limited	558	6,375	570.05	555.90
WeWork India Management Limited	647	8,676	655	544

(As of 24 th October 2025)

Read Also: Best Data Center Stocks in India

Overview of Top Coworking Space Stocks in India

1. AWFIS Space Solutions Limited

AWFIS Space Solutions Limited company was founded in 2015 by Amit Ramani. The company has changed the concept of sharing workspace by offering affordability with convenience. The company offers spaces across various cities of India, including Delhi, Pune, Hyderabad, Mumbai and Bengaluru. The company has its headquarters in Delhi.

2. DEV Accelerators Limited

Dev Accelerators Limited was established in the year 2017, and initially it was established as a Limited Liability Partnership. Later in 2020, it converted into a private limited company and in 2024, it finally converted into a public limited company. The company aims to fill the gap between entrepreneurs and investors. Its headquarters are situated in Ahmedabad, Gujarat.

3. EFC Limited

The company was initially incorporated in 1984 and was known as Amani Trading and Exports Limited. Later, the promoters of the company changed and renamed the company as EFC Limited in 2022. It provides managed office space and offers property management. The company’s headquarters is situated in Pune, Maharashtra.

4. Indiqube Spaces Limited

Indiqube Spaces Limited company was founded by Meghna Agarwal and Rishi Das in 2015. It was a startup to provide office space to cater for the needs of startups’ office space requirements. It allows companies to focus on their businesses instead of worrying about the real estate or office spaces. The company’s headquarters is situated in Bengaluru.

5. Kontor Space Limited

Kontor Space Limited company was established in 2018 and offers tech-enabled office spaces. Their offerings include various workspaces, including private offices, meeting rooms, etc. The company primarily offers workspaces in Mumbai. Also, its headquarters are situated in Maharashtra. Their office spaces are very affordable and are preferred by startups.

6. Smart Coworking Spaces Limited

The company started its journey in 2015 and was initially known as Smart Work Business Centre Private Limited. In 2018, it changed its name to Smartworks Coworking Spaces Private Limited. The company converted into a publicly listed company through its IPO in 2024. The company is primarily focusing on leasing entire properties into a tech-enabled campus equipped with modern facilities such as a cafeteria, gyms, etc. The company’s headquarters is situated in New Delhi.

7. WeWork India Management Limited

The company was established in 2016 and began its operation in 2017. The entity is backed by Embassy Group and holds a 72% stake in it. The company has expanded its business rapidly and provides modern tech-enabled Grade-A managed office spaces. The company’s headquarters is situated in Bengaluru.

Key Performance Indicators (KPIs)

Company	Debt to Equity	ROE (%)	ROCE (%)	Operating Profit Margin (%)	Net Profit Margin (%)
AWFIS Space Solutions Limited	0.05	14.77	10.09	14.88	5.62
DEV Accelerators Limited	2.50	2.92	11.74	35.71	1.16
EFC Limited	0.43	20.77	17.88	37.38	21.43
Indiqube Spaces Limited	(33.46)	0	4.46	16.33	(13.18)
Kontor Space Limited	0.16	15.76	15.28	23.53	20.88
Smart Coworking Spaces Limited	3.51	(54.46)	7.46	19.13	(4.60)
WeWork India Management Limited	1.55	63.79	12.22	25.08	6.67

Benefits of Investing in Coworking Space Stocks

The key benefits of investing in Coworking Space Stocks are as follows:

Increasing Demand: With the increase in startups, the demand for affordable coworking spaces has increased over time, and if the trend continues in the future, the coworking companies will benefit from it.
High Rental Yields: The coworking spaces utilise the underutilised real estate properties. This provides them with high rental yields.
Limited Competitions: There are very few players in this sector, which provides an early investment opportunity for long-term growth.

Read Also: Best Metaverse Stocks in India

Factors to Consider Before Investing in Coworking Space Stocks

There are various factors which one should consider before investing in Coworking Space Stocks, a few of which are as follows:

Companies’ Financials: Before investing in Coworking Space Stocks, one should analyse the companies fundamentally and check their financial performance.
Operational Efficiency: The company’s efficiency in utilising the workspace and managing is the key factor which one should consider before investing in any Coworking Space Stocks.
Lease Agreement: Before investing in Coworking Space Stocks, one must check the company’s long-term lease agreement, along with the other terms and conditions.

Future of Coworking Space Stocks

The Coworking Space in India is growing at an annualised rate of 15% to 20%. The expansion will take this industry to reach 40 billion dollars by 2030. The companies engaged in this sector have high profit margins, but are capital-intensive in nature. The rising cost of real estate in India will support them in increasing their profits, as start-ups prefer to use Coworking spaces for their work.

Conclusion

On a concluding note, the Coworking Space is one of the emerging sectors in India. With the rise of flexible working and cost-efficient space solutions, this sector is expected to grow at an exponential rate. It offers smart office solutions at an affordable price. However, there are certain risks involved while investing in these stocks, such as operational efficiency, occupancy rate, etc. Therefore, it is advisable to consult your investment advisor before investing in Coworking Space Stocks.

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Frequently Asked Questions (FAQs)

What is a Coworking Space?
A Coworking Space is an office environment which is shared by different individuals or companies based on a monthly or yearly subscription. Such offices are equipped with modern facilities such as internet, coffee and meeting areas, etc.
Name some Coworking Space Stocks?
The popular coworking space stocks include AWFIS Space Solutions Limited, DEV Accelerators Limited, and Smart Coworking Spaces Limited, among others.
What are the risks involved while investing in Coworking Space Stocks?
There are various risks that one should consider before investing in Coworking Space Stocks, such as changes in real estate rates, dependency on occupancy, competition, and the location of the property, among others.
What makes shared office space different from traditional offices?
Unlike traditional offices, which require long-term leases and setup costs, shared office spaces come with all amenities and are available for a flexible rent with zero setup costs.
Are Coworking Spaces only used by startups and freelancers?
No, with the popularity of coworking spaces, various companies are using it to expand their geographical area, setting up a hybrid team across many cities.

November 4, 2025

Freedom 251 Scam Explained: The Truth Behind India’s Cheapest Smartphone Fraud

There have been hundreds of scams happening in the world, but there are only a few which grabbed the attention of all. Of these, one of the most infamous scams is the one linked to the mobile phones, which was known as Freedom 251.

This is where a scheme allowed people to book a mobile phone for just ₹251. It was indeed one of the most infamous scams and also a scam where the world’s best technology was available for the lowest price. But what was this scam all about?

Well, if you are also looking for an answer to the same, read this guide and know everything you need for the Freedom 251 phone scam.

What is Freedom 251 Scam?

The Freedom 251 scam refers to the controversy around a smartphone. It was launched in 2016 by a company called Ringing Bells. It involved high scale advertising of a phone named Freedom 251. It was advertised as the world’s cheapest smartphone at just ₹251. It promised features like a touchscreen, dual cameras, and Android OS. These are all the specs that normally cost thousands of rupees.

However, soon after the launch, people faced so many doubts. There was confusion about its feasibility. Reports suggested that the actual cost of manufacturing was much higher. Then people found that deliveries were delayed. And the worst part, many buyers never received the phone. Investigations revealed alleged financial irregularities, making the Freedom 251 phone one of India’s biggest tech frauds.

The key features of the Freedom Phone as advertised by the company, are as follows:

RAM: 1 GB
Storage: 8 GB internal memory (expandable up to 32 GB via microSD card)
Processor: 1.3 GHz Quad-Core
Battery: 1450 mAh
Camera: 3.2 MP rear camera and 0.3 MP front camera
SIM Support: Dual SIM
Warranty: 1-year manufacturer warranty
Network: 3G GSM connectivity
Service Centers: Claimed availability of more than 600+ service centers across India

All these features in the year 2016 were no less than the features of a high-end model. In fact, it was believed at that time that this phone held the capability to change, or rather say revolutionize the Indian telecom industry. Think about it, this was a big claim, and this was one of the main reasons why people rushed to book this smartphone.

How the Freedom Mobile 251 Was Marketed

The launch of the Freedom 251 phone was not presented as just another smartphone release. Rather, it was marketed as a national movement. Ringing Bells positioned the device as a symbol of “Digital India.”

It promised that this device would act as a bridge. It will reduce, or rather fill the gap between technology and affordability. The company claimed that by pricing it at just ₹251. At that time, it seemed that the dream of every Indian household to have a smartphone was near accomplishment.

To strengthen credibility, the phone was launched at a grand event attended by political figures, further giving people the impression of government backing. Advertisements highlighted features that people were actually looking for. In fact, these were the features that people usually saw in phones of ₹3,000–₹5,000. And yes, this was a price that many households could not really afford for a phone.

The company promised that this was a large-scale project and would fulfill the needs of every single person in the country. They also got heavy media coverage. Hence, the Freedom phone 251 quickly became a sensation and attracted millions of pre-orders within days.

Controversies and Scam Allegations

The buzz around the Freedom 251 phone was short-lived. It soon turned to a series of doubtful questions. As soon as it was launched, journalists and industry experts began questioning. The most crucial query was how a smartphone with such features could be sold at just ₹251. The reason was that they knew that the manufacturing cost itself was estimated at around ₹2,500.

The device that was handed to the media during the event raised eyebrows. It was not the promised Freedom 251 model but an existing phone from another brand with its logo covered. This discovery made many people suspicious about the company’s intentions.

When bookings opened, lakhs of people rushed to order the phone. But there was only an advance payment option available. This was a red flag for sure. No option for the delivery based payment was there.

Government agencies and consumer groups stepped in, questioning the legitimacy of the scheme. Investigations revealed inconsistencies in the company’s financial claims, lack of proper infrastructure, and false promises about large-scale manufacturing units and service centers. What started as a dream of a budget smartphone for every Indian quickly turned into what is now remembered as the Freedom 251 scam.

Aftermath of the Freedom 251 Bookings

The announcement of the Freedom 251 phone created a storm across India. Within hours of opening bookings, the company received lakhs of orders, so many that the website had to stop taking further requests. Reports suggest that in the very first phase of bookings alone, Ringing Bells collected nearly ₹145 crore from customers eager to own the so-called “world’s cheapest smartphone.”

But soon after the money came in, the reality was far from the promises. The company had assured buyers that deliveries would begin by 30th June 2016, but that date came and went with no handsets reaching consumers. The timeline was pushed to December 2016, and then quietly delayed again. Months passed, yet most customers never saw the product they had paid for.

Red Flags Before the Launch

Even before deliveries began, industry experts had raised doubts. Telecom officials highlighted that the minimum production cost of such a phone was around ₹2,300, making it impossible to sell at ₹251 without huge subsidies. Many declared the offer a scam from day one.

When questioned, the company brushed these concerns aside. They argued that they were using “innovative marketing techniques” and in-built apps to cut costs, a claim that was met with skepticism since established smartphone makers had never managed to achieve such drastic reductions.

Legal Troubles and Investigations

As complaints about non-delivery piled up, some buyers demanded action. While many chose to remain quiet, considering it was “just ₹251” while a few took their grievances forward. Under pressure, the company shifted blame, claiming it needed ₹50,000 crore in government funding to make the project a reality, though this was never mentioned at launch.

Ringing Bells also claimed to have outsourced production to firms like “V Technology” and “Eminence Technology,” but both companies publicly denied having any such orders. Meanwhile, promises of refunds through payment gateways never materialized, leaving customers frustrated.

The bigger blow came when distributors revealed they had been duped into depositing far larger sums than ordinary buyers, with no phones or returns in sight. These complaints added to the mounting pressure.

Arrest of the CEO and Closure

In 2017, the story reached its breaking point when the company’s CEO, Mohit Goyal, was arrested. Investigations showed not only were customers deceived, but distributors and even service providers were cheated. One such victim was “Sai Future,” a call center contracted to handle customer queries, which never received payment for its services.

Although Mohit Goyal was later granted bail, he was arrested again. This was in separate cases. But one thing was common, and that was that all these cases were about fraud, blackmail, and corruption. Eventually, Ringing Bells collapsed.

At the end of all, it left the people with the infamous Freedom 251 scam. This was indeed a cautionary tale in India’s tech and startup landscape.

Lessons Learned from the Freedom 251 Scam

The Freedom 251 scam left behind some important lessons for all of us to consider. These are:

If it sounds too good to be true, it probably is.
Advance payments can be risky.
Government association should be verified.
Transparency matters in business.
Regulatory bodies must act early.

In the end, the Freedom 251 case showed that dreams of digital inclusion cannot be built on false promises. It stands as a warning to stay vigilant in a world where scams often disguise themselves as “too-good-to-miss opportunities.”

Conclusion

The Freedom 251 phone was launched as a bold promise. It gave us the idea that one can bring affordable technology to every Indian. But it ended up as one of the country’s most infamous scams. From undelivered orders to false claims about manufacturing units and service centers, the story exposed how easily excitement can be turned into exploitation.

For consumers, this is a reminder to buy things with caution. Jumping onto everything that seems so good can, at times, end up in a sham. Also, you must be very cautious when you invest your money.

It highlights the importance of credibility and transparency. The Freedom 251 scam may have faded with time, but its lessons remain vital for both buyers and entrepreneurs in India’s fast-growing digital market.

S.NO.	Check Out These Interesting Posts You Might Enjoy!
1	Fake Payment Screenshot Scam: How to Identify and Avoid It
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3	BluSmart Shutdown & Gensol Scam: ₹262 Crore Scam That Shook India’s EV Sector
4	Explainer on UPI Scams: Latest Scams, Economic Data, Government Actions, and Prevention Tactics
5	Financial Scams in India: Types, Resolution, and Awareness
6	What Happens If a Stockbroker Shuts Down?

Frequently Asked Questions (FAQs)

What was the Freedom 251 phone?
It was a smartphone advertised in 2016 for just ₹251, claiming to be the world’s cheapest phone.
Why did people call it a scam?
Because most buyers never got the phone, promises were not fulfilled, and many things about the company seemed suspicious.
Did the company really deliver the phones?
Only a few phones were reportedly delivered. Most people who booked it never received anything.
Was anyone punished for this?
Yes. The company’s CEO, Mohit Goel, was arrested in fraud-related cases.
What’s the main lesson from the Freedom 251 incident?
If an offer sounds too good to be true, we should double-check before paying money.

November 4, 2025

Studds Accessories IPO Allotment Status: Check Latest GMP, Steps to Verify Status

Studds Accessories Ltd., a leading manufacturer of two-wheeler helmets and accessories, has launched its ₹455.49 crore Initial Public Offering (IPO). The issue is structured entirely as an Offer for Sale (OFS), meaning no fresh shares are being issued and the company will not raise new capital. The IPO opened for subscription on October 30, 2025, with a price band of ₹557 to ₹585 per share. The subscription window will close on November 3, 2025, and the company’s shares are scheduled to be listed on both the BSE and NSE on November 7, 2025.

Studds Accessories IPO Day 3 Subscription Status

On Day 3, the Studds Accessories IPO received a strong response from investors, closing with an overall subscription of 73.24 times. The Qualified Institutional Buyers (QIB) category led the demand with an impressive 159.99 times subscription, reflecting robust institutional interest. Among non-institutional investors, the bNII (above ₹10 lakh) segment was subscribed 83.08 times, while the sNII (less than ₹10 lakh) portion saw 64.78 times subscription, taking the overall NII category to 76.98 times. Retail investors also showed remarkable enthusiasm with a 22.06 times subscription. There was no separate employee quota in this issue.

Investor Category	Subscription (x)
Qualified Institutional Buyers (QIB)	159.99
Non-Institutional Investors (NII)	76.98
bNII (above ₹10 lakh)	83.08
sNII (less than ₹10 lakh)	64.78
Retail Individual Investors (RII)	22.06
Employees	–
Total Subscriptions	73.24

Total Applications: 20,70,166

Total Bid Amount (₹ Crores): 23,350.94

How to Check WeWork IPO Allotment Status

Studds Accessories IPO allotment can be easily checked online in two ways: from the Registrar’s website and from the BSE or NSE website. This IPO will be listed on both the exchanges – BSE and NSE, so the allotment status will be available to all investors on both platforms.

Method 1: Registrar’s website (MUFG Intime India Pvt. Ltd.)

The most reliable way is to check allotment from MUFG Intime India Private Limited’s website.

How to do:

Visit MUFG Intime India Pvt. Ltd.’s official website
Select “Studds Accessories” from the IPO list
Enter your details PAN number, Application number, or DP/Client ID
Click on Submit
You will see the allotment status on the screen.

Method 2: Check from BSE or NSE’s website

If there is more traffic on the registrar’s website, allotment status can also be checked from BSE or NSE.

How to do:

Visit BSE or NSE’s official website
Select ‘Equity’ segment
Select “Studds Accessories” from the IPO list
Enter PAN number and Application number
Click on Search

Objective of the Studds Accessories IPO

Studds Accessories will not receive any proceeds from the Offer. All funds raised through the Offer will go entirely to the Selling Shareholder, after deduction of Offer-related expenses and applicable taxes, which will be borne solely by the Selling Shareholder.

Studds Accessories IPO GMP – Day 3 Update

The grey market premium (GMP) of Studds Accessories IPO is ₹63 as of 5:00 PM on November 03, 2025. The upper limit of the price band is ₹585, and based on the current GMP, the estimated listing price is ₹648, indicating a potential gain of approximately 10.77% per share.

Date	GMP	Est. Listing Price	Gain
03-11-2025 (Day 3)	₹63	₹648	10.77%

Studds Accessories IPO – Key Details

Particulars	Details
IPO Opening Date	October 30, 2025
IPO Closing Date	November 03, 2025
Issue Price Band	₹557 to ₹585 per share
Total Issue Size	77,86,120 shares(aggregating up to ₹455.49 Cr)
Listing Platform	BSE, NSE
Registrar	MUFG Intime India Pvt. Ltd.
Studds Accessories IPO RHP	Click here

Important Dates for Studds Accessories IPO Allotment

Event	Date
Tentative Allotment	November 04, 2025
Refunds Initiation	November 06, 2025
Credit of Shares to Demat	November 06, 2025
Listing Date	November 07, 2025

Studds Accessories Overview

Studds Accessories Ltd., headquartered in Faridabad, India, is the country’s largest two-wheeler helmet manufacturer by revenue in Fiscal 2024 and the world’s largest by volume in Calendar Year 2024. With nearly five decades of experience, the company designs, manufactures, markets, and sells helmets and two-wheeler accessories under its flagship brands, Studds and SMK. As of March 31, 2025, Studds operated four advanced manufacturing facilities with an annual capacity of 9.04 million units and sold about 7.40 million helmets during Fiscal 2025. Its products are sold across India and exported to more than 70 countries across the Americas, Europe, and Asia. The company also manufactures helmets for international brands such as Daytona and O’Neal. Studds’ wide product range includes luggage, gloves, rain suits, and riding gear, supported by strong R&D, design innovation, and global safety certifications like ISO and ECE 22.06. With its fifth facility under construction and continuous investments in automation and smart helmet technologies, Studds aims to meet growing global demand. Led by an experienced management team, the company continues to focus on safety, quality, and design excellence, reinforcing its position as a trusted global leader in the two-wheeler helmet industry.

Frequently Asked Questions (FAQs)

What is the opening and closing date of Studds Accessories IPO?
Studds Accessories IPO is open on 30 October 2025 and will close on 03 November 2025.
What is the price band of the Studds Accessories IPO?
Its price band is fixed from ₹557 to ₹585 per share.
What is the GMP (Grey Market Premium) of Studds Accessories IPO today?
The GMP on 9 October 2025 is ₹63, which leads to a possible listing price of ₹648.
What is the total issue size of Studds Accessories IPO?
The total issue size of the Studds Accessories IPO is ₹455.49 crore, entirely as an “Offer for Sale”.
What is the expected listing date of Studds Accessories?
This IPO is expected to be listed on BSE and NSE on 07 November 2025.

November 3, 2025

Top 10 Largest IPOs in India

IPOs have been the primary choice of investment for many traders for years. It allows you to enter the market early and helps you with better earning opportunities as well. But have you ever wondered which were the biggest IPO in India that were ever launched?

Well, this is important to know as this will help you to not only understand more about the company but also about how well they were received in the market. So, while there have been many notable ones, here we will discuss the largest IPO in India.

So, read this guide and explore all the details you need to ensure you know about the market and performance well. Let us get started here, then.

Top 10 Largest IPO in India

If you are wondering which is India’s biggest IPO, then you would be surprised to know that these come from various sectors and industries. Many people might think that they belong to IT or FMCG, but the actual span is really wide here. So, let’s now explore the details of the top 10 IPOs in India.

Company Name	Sector	Issue Dates	Issue Size (₹ Crore)	Price Band (₹)	Listing Date	Listing Price / % Change	Closing Price / % Change	Lot Size (Shares)
Hyundai Motor India	Automobile	15 – 17 Oct 2024	27,858.75	1,865 – 1,960 (Employee Discount ₹186)	22 Oct 2024	₹1,934 (↓1.33%)	₹1,819.60 (↓7.16%)	7
LIC (Life Insurance Corporation of India)	Insurance	4 – 9 May 2022	20,557.23	902 – 949 (Retail Discount ₹45)	17 May 2022	₹872 (↓8.11%)	₹875.25 (↓7.77%)	15
Paytm (One97 Communications Ltd)	Fintech	8 – 10 Nov 2021	18,300	2,080 – 2,150 (Retail Discount 5%)	18 Nov 2021	₹1,950 (↓9.30%)	₹1,560 (↓27.44%)	6
Tata Capital Ltd	Financial Services	6 – 8 Oct 2025	15,511.87	310 – 326	13 Oct 2025	₹330 (↑1.23%)	₹330.50 (↑1.38%)	46
Coal India Ltd	Energy	18 – 21 Oct 2010	15,200	225 – 245 (Retail Discount 5%)	4 Nov 2010	₹291 (↑25%)	₹342.55 (↑47.17%)	25
HDB Financial Services Ltd	NBFC	25 – 27 Jun 2025	12,500	700 – 740	2 Jul 2025	₹835 (↑12.84%)	₹840.95 (↑13.64%)	20
Reliance Power Ltd	Power	15 – 18 Jan 2008	11,700	405 – 450	11 Feb 2008	₹530 (↑17.77%)	₹372.30 (↓17.27%)	15
LG Electronics India Ltd	Consumer Electronics	7 – 9 Oct 2025	11,607.01	1,080 – 1,140 (Employee Discount ₹108)	14 Oct 2025	₹1,710 (↑50.01%)	₹1,689.90 (↑48.24%)	13
Swiggy Ltd	Food Delivery & Tech	6 – 8 Nov 2024	11,327.43	371 – 390 (Employee Discount ₹25)	13 Nov 2024	₹420 (↑7.69%)	₹456 (↑16.92%)	38
General Insurance Corporation (GIC) of India	Insurance	11 – 13 Oct 2017	11,256.83	855 – 912 (Retail Discount ₹45)	25 Oct 2017	₹850 (↓1.96%)	₹874.30 (↑0.84%)	16

1. Hyundai Motor India

Hyundai Motor India’s IPO became India’s biggest IPO, raising ₹27,858.75 crore in October 2024. Despite strong institutional interest of 6.97 times, retail participation remained modest at 2.4 times. The stock listed at ₹1,934 per share but closed 7.16% lower at ₹1,819.60. The muted debut reflected investor caution toward auto stocks amid global market uncertainty, even though Hyundai’s brand strength made this offering a landmark in Indian capital market history.

2. Life Insurance Corporation of India (LIC)

The LIC IPO was among the largest IPO in India, mobilising ₹20,557.23 crore in May 2022. Backed by India’s biggest insurer, the issue attracted 3× overall subscription with strong retail and policyholder participation. However, post-listing, the shares declined nearly 10% within weeks due to valuation concerns and broader market volatility. Still, the listing marked a historic move in India’s disinvestment drive and drew massive nationwide investor attention.

3. Paytm (One97 Communications Ltd)

Paytm’s 2021 public issue stood as the biggest IPO in India at the time, raising ₹18,300 crore. Despite heavy anticipation, subscription stayed below two times, reflecting investor scepticism around profitability. The stock listed 9.3% lower and ended 27% down on debut day. While it showcased India’s growing fintech ambitions, Paytm’s weak listing underlined the risks of investing in high-growth but loss-making digital ventures during volatile market conditions.

4. Tata Capital Ltd

The Tata Capital IPO launched in October 2025. It was the highest IPO in India that year, raising ₹15,511.87 crore. As the flagship NBFC arm of Tata Group, it received solid subscription across investor classes and listed at a small premium of 1.23%. Supported by strong financials, brand trust, and steady RONW, Tata Capital’s debut reaffirmed investor confidence in diversified financial services and cemented its leadership in India’s lending ecosystem.

5. Coal India Ltd

Coal India’s 2010 issue long held the record for the biggest IPO in India, raising ₹15,200 crore through an oversubscription of over 15 times. The stock listed with a 17% premium and closed nearly 40% higher on debut day, rewarding investors handsomely. As the world’s largest coal producer and a PSU powerhouse, Coal India’s offering became a model for successful government disinvestments in India’s stock market.

6. HDB Financial Services Ltd

HDB Financial Services, a subsidiary of HDFC Bank, launched its IPO in June 2025, raising ₹12,500 crore and ranking among the largest IPOs in India. The issue was subscribed over 16+ times, driven by strong QIB demand and HDFC’s credibility. Listing with a 13% gain, HDB showcased solid financial performance, healthy loan book, and steady growth, making it one of the most successful NBFC listings of the year.

7. Reliance Power Ltd

Reliance Power’s 2008 public issue became one of the highest IPO in India during the market boom, collecting ₹11,700 crore. It was oversubscribed 73 times amid immense hype. Despite listing at a 17% premium, it ended the day with a 17% loss. This was due to the global financial crisis. The IPO remains a classic example of investor overexcitement followed by disappointment. This marks a turning point in IPO investing sentiment.

8. LG Electronics India Ltd

The LG Electronics India IPO was worth ₹11,607.01 crore. It was among the biggest IPO in India in 2025. The issue drew over 6.5 million applications. It was subscribed 54 times, reflecting massive investor enthusiasm. On listing day, shares opened 50% higher at ₹1,710 and closed 48% up at ₹1,689.90. This strong debut reinforced faith in India’s consumer electronics sector and highlighted LG’s brand strength among investors.

9. Swiggy Ltd

Swiggy’s ₹11,327.43 crore IPO in November 2024 ranked among the largest IPOs in India from the tech sector. Despite muted grey market expectations, the issue gained strong QIB backing and listed at ₹420, up 7.7%. It closed 16.9% higher at ₹456, exceeding market predictions. The listing underlined Swiggy’s dominant position in food delivery and growing investor confidence in India’s expanding digital-first economy.

10. General Insurance Corporation (GIC) of India

GIC’s October 2017 IPO raised ₹11,256.83 crore, positioning it among India’s biggest IPOs in the insurance sector. Despite limited retail and HNI participation, the listing managed a modest positive close thanks to a discount for small investors. The IPO marked India’s first reinsurance player going public. It helped in broadening exposure to the insurance industry and setting a precedent for future government-backed listings.

Conclusion

The story of the biggest IPO in India reflects how dynamic and diverse the country’s stock market has become. Every IPO represents a shift in investor confidence and market maturity.

These offerings show how sectors such as finance, insurance, automobiles, and technology continue to attract strong participation. And by understanding this, investors can ensure that they have a better investment journey. But to ensure you go ahead with correct details, you need to have an expert by your side.

Stay informed with Pocketful. Keep updated with the latest information and invest wisely.

S.NO.	Check Out These Interesting Posts You Might Enjoy!
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4	Performance Of IPOs Launched In 2023
5	OFS vs IPO: Key Differences and Benefits
6	Apply in IPO Through ASBA- IPO Application Method
7	What Is An IPO Mutual Fund? Should You Invest?
8	What is IPO Listing Time?
9	Strategies To Boost Your IPO Allotment Chances
10	From Private to Public: Decoding the IPO Journey

Frequently Asked Questions (FAQs)

What makes an IPO successful in India?
A successful IPO depends on investor demand mainly. But then there are other factors which include fair pricing, market conditions, and the company’s growth potential after listing.
Which IPO gave the highest listing gains in India?
Coal India’s IPO in 2010 delivered over 40% listing gains. This makes it one of the most profitable public issues.
Why did some of the largest IPOs list at a discount?
Overvaluation, weak sentiment, or limited retail participation can lead to discounted listings even for large IPOs.
Which sector has seen the most big-ticket IPOs in India?
Financial services and insurance have dominated with massive public issues. These are from LIC, HDB Financial Services, and Tata Capital which reflect negative or Unchanged Gains.
What should investors check before applying for an IPO?
Investors should review the company’s fundamentals, business model & Valuation. Then they must do peer valuation and the SWOT analysis as well. This will help them understand the financial performance before investing.

November 3, 2025

Top Pre-Engineered Building (PEB) Stocks in India

The pace of infrastructure and industrial development in India is faster than ever. Pre-Engineered Buildings (PEBs), or pre-fabricated steel structures, are transforming the construction sector. These buildings are manufactured in factories and can be quickly assembled on-site, saving both time and cost. The PEB industry is expected to grow rapidly in the coming years due to the government’s increasing infrastructure investment and private sector demand. Investing in PEB stocks is considered a wise move today, as this sector is laying the foundation for India’s future growth.

What Are Pre-Engineered Buildings (PEBs)?

Pre-Engineered Buildings (PEBs) are steel structures that are completely fabricated in a factory and then assembled on-site. This not only saves time but also makes the entire building stronger and more durable. Large companies, warehouses, and industrial units are adopting this technology to speed up construction.

How is it different from traditional construction?

In the traditional method, brick, cement, and concrete are completely manufactured on-site, which increases time, labor, and costs.On the other hand, PEB structures are pre-fabricated and simply need to be assembled. This means that despite rain or weather disruptions, work will not be halted, and the project will be completed on time.

Key Benefits

Faster construction: PEB buildings are completed in approximately half the time.
Less cost and easier maintenance: Steel is rust-resistant and eliminates the need for frequent repairs.
Environmentally friendly: Less waste and most of the material is recyclable.
Flexible design: The structure can be easily expanded if future expansion is required.

Where is it used?

PEB is now used not only in factories but also in warehouses, cold storage, data centers, shopping complexes, and logistics hubs.

Read Also: Best Material Stocks in India

Top Pre-Engineered Buildings (PEB) Stocks in India

S.No.	Company	Current Market Price (INR)	Market Capitalisation (in INR crore)	52-Week High	52-Week Low
1	Larsen & Toubro Ltd	₹ 3,995	₹ 5,61,895	₹ 4,062	₹ 3,965
2	Jindal Steel Ltd	₹ 1,065	₹ 1,08,598	₹ 1,097	₹ 723
3	Tata Steel BSL Ltd(Merged)	₹ 85	₹ 9,333	–	–
4	Interarch Building Solutions Ltd	₹ 2,115	₹ 3,546	₹ 2,400	₹ 1,264
5	Pennar Industries Ltd	₹ 259	₹ 3,497	₹ 269	₹ 258
6	Bajaj Steel Industries Ltd	₹ 566	₹ 1,178	₹ 988	₹ 451
7	Everest Industries Ltd	₹ 680	₹ 917	₹ 1,190	₹ 420
8	India Homes Ltd	₹ 13.0	₹ 513	₹ 14.6	₹ 3.81
9	Beardsell Ltd	₹ 35	₹ 138	₹ 48.0	₹ 23.0
10	Alliance Integrated Metaliks Ltd	₹ 1.85	₹ 73.1	₹ 14.22	₹ 1.72

(Data as of 30 Oct 2025)

A brief overview of the best PEB Stocks in India is given below :

1. Larsen & Toubro Ltd (L&T)

Larsen & Toubro, better known as L&T, is one of the few companies in India that has built its reputation on decades of trust. Founded in Mumbai in 1938 by two European engineers, it was a small machinery supply company at the time, but gradually transformed itself into a major engineering and construction company. Today, L&T is present everywhere India’s development is visible be it metro projects, bridges, or industrial sites. The company’s hallmark is its quality and timely delivery, which has made it a true construction powerhouse in the country.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
17.40%	102.59%	330.48%

(Data as of 30 Oct 2025)

2. Jindal Steel Ltd

If we talk about India’s steel sector without mentioning Jindal Steel, it would be incomplete. This company was started by O.P. Jindal from a small unit, without any significant resources or support. Over time, through hard work, the company has built a position where it is now considered a major name in the industry. Jindal Steel doesn’t just manufacture steel, but builds the foundation on which India’s infrastructure rests be it bridges, railway lines, or factory buildings. Simply put, this company has truly contributed, brick by brick, to India’s industrial development.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
16.37%	135.60%	458.43%

(Data as of 30 Oct 2025)

3. Tata Steel BSL Ltd (Merged)

Tata Steel BSL began as Bhushan Steel. Times were different then the company had already established itself in steel manufacturing. But circumstances changed, and Tata Steel merged with it. This single move gave the company a new identity. Now, it operates with the experience and trust of the Tata Group. Today, its products are used in major projects whether industrial buildings or metal infrastructure. Simply put, Tata Steel BSL has seen difficult times, but those days are behind it. Today, the company has regained its footing and has become synonymous with trust.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
9.73%	133.13%	426.85%

(Data as of 30 Oct 2025)

4. Interarch Building Solutions Ltd

The name Interarch Building Solutions brings to mind one thing: robust steel buildings that are quick to build and long-lasting. The company was founded in 1983, when such technology was still unknown in India. Initially, it focused on small projects involving metal ceilings and structures, but gradually carved out its own path. Today, Interarch is one of the few companies in India that handles the entire process, from design to site installation. It is known not just for its work, but for its trustworthiness.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
32.26%	–	–

(Data as of 30 Oct 2025)

5. Pennar Industries Ltd

Pennar Industries was founded in 1988 and has since gradually established itself. Initially, it focused on manufacturing steel products, but over time, it branched out into engineering and structural design. Today, Pennar is known for the precision and robust design of its projects. The company works on projects such as industrial structures, warehouses, and factory buildings, where speed and quality are essential. Pennar’s greatest strength is its “end-to-end” approach handling everything from design to construction. This is perhaps why clients trust and choose the company time and again.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
41.29%	342.77%	1506.75%

(Data as of 30 Oct 2025)

6. Bajaj Steel Industries Ltd

Bajaj Steel Industries was founded in Nagpur in 1961. At that time, the company simply manufactured cotton ginning machines, but it later transformed itself completely. Gradually, Bajaj Steel realized that to survive, it would have to expand its operations with the times. Today, it not only manufactures machines but also provides industrial solutions from material handling to steel structures. The company’s unique quality is its down-to-earth approach to its work. Trust is emphasized over showmanship. Through years of hard work and continuous learning, Bajaj Steel has established itself at a level where its name has become synonymous with trust.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
-28.30%	162.66%	866.08%

(Data as of 30 Oct 2025)

7. Everest Industries Ltd

Everest Industries was founded in 1934, at a time when modern construction was just beginning in India. Initially, the company manufactured only roofing sheets, but over time, it expanded its scope and introduced new materials and designs. Today, Everest is among those companies that seamlessly integrate tradition and modernity. The company’s unique ability to adapt to changing times is remarkable. Its name was associated with trust in past projects, and even today, when one thinks of sustainable and lightweight construction, Everest is the first thing that comes to mind. This is its true identity.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
-45.73%	-33.78%	161.42%

(Data as of 30 Oct 2025)

8. India Homes Ltd

India Homes Ltd is a new-generation real estate company, founded in 2008. At that time, the real estate sector was rapidly changing, and so were people’s needs. From the very beginning, the company set out to do its business differently focusing on transparency, accurate information, and timely delivery. India Homes considered it not just about selling homes, but also about finding the right property for its customers. Gradually, it ventured into commercial and industrial projects, where it gained considerable recognition. The company’s goal has always been to provide every client with a reliable experience, one that is demonstrated not by words but by actions.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
123.18%	514.29%	3046.34%

(Data as of 30 Oct 2025)

9. Beardsell Ltd

Beardsell Ltd was founded in 1936, when industrial manufacturing was just taking shape in India. Initially, the company manufactured thermal insulation and packaging materials, but gradually expanded its scope. Over time, Beardsell adopted new technologies and is now known for manufacturing insulated panels and lightweight structures. The company’s most distinctive feature is its simplicity and honesty. Beardsell has always strived to ensure that whatever it produces is durable and reliable. Perhaps this is why, even after so many years, its name is respected in the industry with no pretense, just a symbol of honest work and trust.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
-20.35%	53.51%	323.73%

(Data as of 30 Oct 2025)

10. Alliance Integrated Metaliks Ltd

Alliance Integrated Metaliks Ltd. isn’t a very old company, but its work has captured everyone’s attention. Launched in 2012, the company initially focused on small projects, but gradually expanded its scope. Now, it’s also making its presence felt in large infrastructure and manufacturing projects. The best part about this company is that it places more emphasis on performance than promises. Its projects clearly demonstrate simplicity, accuracy, and time-honored performance. Alliance has proven that even a new player can carve a niche in the market if work is done with integrity.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
-86.97%	-87.55%	278.00%

(Data as of 30 Oct 2025)

Key Performance Indicators (KPIs)

The key performance metrics of semiconductor Stocks in India are mentioned below:

Company	Operating Margin (%)	Net Profit Margin (%)	ROE (%)	ROCE (%)	Debt to Equity
Larsen & Toubro Ltd	10.33	7.62	15.39	18.58	0.31
Jindal Steel Ltd	13.88	7.41	7.27	11.14	0.14
Tata Steel BSL Ltd(Merged)	7.51	1.36	3.75	8.49	56.29
Interarch Building Solutions Ltd	9.98	7.41	14.35	19.05	21.73
Pennar Industries Ltd	8.63	3.71	11.94	21.82	21.24
Bajaj Steel Industries Ltd	15.32	14.42	21.76	21.27	17.56
Everest Industries Ltd	0.32	-0.20	-0.60	0.69	-191.23
India Homes Ltd	–	–	-50.78	–	–
Beardsell Ltd	6.07	3.66	12.11	17.95	9.89
Alliance Integrated Metaliks Ltd	-7.49	-80.93	0.00	3.24	-0.95

(Data as of 16 Oct 2025)

Read Also: Best Manufacturing Stocks in India

Factors to Consider Before Investing in PEB Stocks

Before investing in the PEB sector, it’s important to understand some basics. While this industry is growing, each company’s strengths and operating methods vary. Below are some important factors to consider:

Company Health : Check whether the company is consistently profitable and how stable its business is.
Order Book : Companies with long-term projects are considered to have a more secure future.
Raw Material Costs : Steel prices directly impact the profitability of PEB companies.
Cash Flow : Timely payments and a strong cash cycle demonstrate a company’s credibility.

Risks & Challenges in Investing in PEB Stocks

Dependence on Raw Material Prices : The biggest weakness of this industry is that its entire structure is based on steel. If steel prices suddenly rise, it directly impacts companies’ profits.
Volatility of Demand : The PEB sector’s demand is entirely dependent on infrastructure and industrial investment. When the economy slows down or projects are postponed, new orders also decrease.
Lack of Financial Transparency : Many large PEB companies in India are not yet listed on the stock exchange. This prevents investors from getting a true picture of their actual business data and growth.
Payment Delays and Project Risk : Large projects often face payment delays or unexpected disruptions. This disrupts a company’s cash flow and increases operational pressure.
Increasing Competition : As the PEB market grows, new players are also emerging. In the race to reduce prices, many companies reduce their profit margins, which can impact growth in the long run.

Read Also: Best Textile Stocks in India

Conclusion

India’s PEB sector has gradually evolved from a “niche market” to becoming part of the mainstream infrastructure industry. Once considered limited to factories and warehouses, the same technology is now being adopted in large commercial and industrial projects. The biggest drivers behind this shift are faster construction, lower costs, and sustainability. Government capex policies and private investment will propel this sector forward in the future. For investors, this sector is similar to what green energy was a few years ago, less visible, but with great future potential. For those with a long-term perspective, PEB stocks could become a quiet but strong story for the coming decade.

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Frequently Asked Questions (FAQs)

What are PEB stocks?
These companies manufacture pre-engineered buildings and structures made of steel.
Is investing in PEB stocks good?
Yes, this sector is a good option for the long term, linked to growth and infrastructure demand.
Which are the top PEB companies in India?
L&T, Interarch, Pennar Industries, Everest Industries, and Bajaj Steel are the major names.
What is driving PEB industry growth?
Government infrastructure plans and increasing demand for e-commerce.
Is the PEB sector sustainable?
Yes, because this technology is fast, economical, and environmentally friendly.

November 3, 2025

Top Green Building Material Stocks in India

Construction‍‌‍‍‌‍‌‍‍‌ industry is evolving. It is not only about the luxuriously tall buildings but also about the intelligent construction. Presently, enterprises are focusing on the development of materials that are capable of fabricating robust and long-lasting structures without causing harm to the earth. That’s the reason why green construction companies and green building materials companies have become a fresh topic of investor conversation in 2025. These businesses are contributing to the planet through the lowered carbon emissions, proper energy usage, and eco-friendly technologies. This will, indeed, be the real essence of “smart and sustainable development” in the following ‍‌‍‍‌‍‌‍‍‌years.

What Are Green Building Materials Stocks?

Green‍‌‍‍‌‍‌‍‍‌ building materials stocks refer to the shares of those companies that manufacture construction materials that are less polluting and environmentally friendly measures, conserving the nature. Such companies come up with products that are more durable, energy-efficient, and have less carbon emissions as compared to traditional construction materials. As a matter of fact, when all the sectors are going toward sustainability, green construction companies and green building materials are becoming a hot spot for investors to put their money in.

Whether it is low-carbon cement, recycled steel, or AAC blocks, all these are getting popular and being preferred by governments and consumers who prioritize projects that are able to deliver growth without harming the ‍‌‍‍‌‍‌‍‍‌earth.

Green Building Materials Stocks in 2025

S.No	Company	Current Market Price (INR)	Market Capitalisation (in INR crore)	52-Week High	52-Week Low
1	UltraTech Cement Ltd	₹ 12,158	₹ 3,58,271	₹ 13,097	₹ 10,048
2	Ambuja Cements Ltd	₹ 563	₹ 1,39,176	₹ 625	₹ 453
3	Berger Paints India Ltd	₹ 540	₹ 62,970	₹ 605	₹ 438
4	Greenply Industries Ltd	₹ 302	₹ 3,766	₹ 392	₹ 245
5	Ramco Industries Ltd	₹ 338	₹ 2,938	₹ 398	₹ 215
6	Dalmia Bharat Ltd	₹ 2,135	₹ 40,045	₹ 2,496	₹ 1,601
7	Greenlam Industries Ltd	₹ 260	₹ 6,647	₹ 325	₹ 197
8	BirlaNu Ltd	₹ 1,924	₹ 1,451	₹ 2,815	₹ 1,605
9	Astral Ltd	₹ 1,455	₹ 39,086	₹ 1,870	₹ 1,232
10	Asian Granito India Ltd	₹ 64.2	₹ 1,490	₹ 79.0	₹ 39.2

(Data as of 24 Oct 2025)

Read Also: Best Material Stocks in India

A brief overview of the best Green Building Material Stocks in India is given below :

1. UltraTech Cement Ltd

One of the biggest and most reputable cement manufacturers in India is UltraTech Cement Ltd. UltraTech was founded in 1983 and is a member of the Aditya Birla Group. UltraTech is renowned for its innovative technology, sustainable production methods, and premium cement. Over time, the business has grown to be well-known in practically every region of the nation. In addition to building, UltraTech wants to promote sustainable construction methods and green building materials. The company is a leading green construction company because it is always coming up with new ideas in the field of environmentally friendly construction.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
8.89%	86.70%	166.95%

(Data as of 24 Oct 2025)

2. Ambuja Cements Ltd

Founded in 1983, Ambuja Cements Ltd. is currently one of the top cement producers in India. The business is well known for its inventiveness, quality, and ecologically friendly building methods. Ambuja Cements is known for its low-carbon manufacturing technology and energy-efficient production process. The business has now made a name for itself as a provider of green building materials and an advocate for environmentally friendly infrastructure. Ambuja’s emphasis on the “resource less, build more” strategy has improved its standing in both Indian and foreign markets.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
0.33%	8.25%	126.66%

(Data as of 24 Oct 2025)

3. Berger Paints India Ltd

Established in 1923, Berger Paints India Ltd has grown into a well-known brand in every corner of the country. Initially, a small company, Berger gradually grew across India. It doesn’t simply sell paint; it re-vitalizes homes and buildings. Berger has become more environmentally responsible, with a focus on eco-friendly paints and low VOC products that reduce harmful airborne contaminates. Berger continues to perform research and develop products to advance-green technology in the paint industry, making it a household name among green construction companies.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
-0.73%	12.74%	6.33%

(Data as of 24 Oct 2025)

4. Greenply Industries Ltd

Since its founding in 1984, Greenply Industries Ltd. has established itself as a mainstay in the interior and furnishings industry in India. In addition to bringing wood’s beauty into people’s homes, this company has made environmental preservation a top priority. Greenply has consistently prioritized the production of low-pollution, long-lasting plywood. Utilizing technologies such as “E-Zero emission plywood,” the company produces environmentally friendly and health-promoting materials. Greenply is a philosophy as well as a brand that holds that environmentally friendly building practices are essential to good construction. For this reason, it is currently among the top manufacturers of green building materials in India.

Know the Returns:

5Y Return (%)	3Y Return (%)	5Y Return (%)
-18.72%	70.90%	246.95%

(Data as of 24 Oct 2025)

5. Ramco Industries Ltd

The Ramco Industries Ltd story started in 1965. The company then started producing construction material on a small scale, but now it is a robust force in India’s building solutions industry. Being part of the Ramco Group, the company has always laid emphasis on reliability, quality, and durability. It produces materials like fiber cement sheets and environment-friendly boards that serve the needs of new-age construction. Ramco’s slogan is to construct robust and benevolent construction that is kind to the earth. It is for this reason it has become one of India’s top-rated green building material players.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
53.22%	96.73%	92.47%

(Data as of 24 Oct 2025)

6. Dalmia Bharat Ltd

Since its founding in 1939, Dalmia Bharat Ltd. has maintained its reputation as a reliable brand in the Indian cement sector. Quality and environmental responsibility have always been top priorities for the company. Dalmia reduces pollution during production by using modern technology, alternative fuels, and clean energy in its plants. Its objective is to support sustainable development in addition to producing high-quality cement. One of India’s most innovative green construction firms, Dalmia Bharat, has committed to becoming carbon-negative in the upcoming years.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
15.91%	37.58%	147.84%

(Data as of 24 Oct 2025)

7. Greenlam Industries Ltd

Greenlam Industries started in 1993, with the commissioning of a laminate plant in Behror, Rajasthan under Greenply Industries. Over the next two decades, the brand grew in stature to be a leader in decorative laminates, veneers, and engineered wood products used in residential and commercial applications. In 2013, the decorative business was demerged, and Greenlam Industries Limited was independently formed to carry on the legacy of innovation, quality, and environmental consciousness in a portfolio accumulated over 30 years. Today, Greenlam is one of the top 3 laminate manufacturers in the world, with a broad range of sustainably manufactured products and design.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
2.87%	63.52%	253.20%

(Data as of 24 Oct 2025)

8. BirlaNu Ltd

The story of BirlaNu Ltd started many years ago when it was called HIL Limited. Since then, the company has changed both its products and its vision. Today, BirlaNu makes building materials that strengthen homes and are good for the environment. The company’s AAC blocks, roofing sheets, and pipes are now used in projects all over the country. BirlaNu has always focused on safe and durable construction that will last for years. This company proves that even with a long history, a new approach can shape the future.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
2.67%	–	–

(Data as of 24 Oct 2025)

9. Astral Ltd

Astral‍‌‍‍‌‍‌‍‍‌ Ltd came into existence in 1996 in Ahmedabad. The company was not backed by a vast array of resources at that time, but still, the foresight was very evident: to revolutionize the water piping industry in India in a safe and eco-friendly manner. Astral changed the entire quality standard of the pipe that is used in the houses. Later it also launched new products like adhesives and construction materials. Now the name “Astral” is not only linked to pipes but also to the concepts of trust and quality. This is a brand that demonstrated the power of a real vision, thus leading small beginnings to a great ‍‌‍‍‌‍‌‍‍‌saga.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
-18.79%	1.09%	125.79%

(Data as of 24 Oct 2025)

10. Asian Granito India Ltd

In 2000, Asian Granito India Ltd. was established. The company started off making tiles on a small scale, but eventually gained market share because to its design and commitment. The business gradually branched out into goods including marble, wall tiles, and flooring. These days, you may find its tiles in hotels, workplaces, and residences all around the nation. Asian Granito’s work has given “Indian design” a new identity in addition to decorating people’s houses. This business is a perfect example of how trust, hard effort, and creativity go hand in hand.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
-6.26%	15.38%	-64.06%

(Data as of 24 Oct 2025)

Read Also: Best ESG Stocks in India

Key Performance Indicators (KPIs)

The key performance metrics of semiconductor Stocks in India are mentioned below:

Company	Operating Margin (%)	Net Profit Margin (%)	ROE (%)	ROCE (%)	Debt to Equity
UltraTech Cement Ltd	12.22	7.96	8.54	9.16	0.33
Ambuja Cements Ltd	17.53	14.68	7.79	9.16	0.00
Berger Paints India Ltd	13.83	9.94	19.18	23.64	0.02
Greenply Industries Ltd	7.79	5.05	11.33	16.05	0.60
Ramco Industries Ltd	9.52	5.61	4.27	3.63	0.06
Dalmia Bharat Ltd	9.50	5.00	3.93	5.31	0.30
Greenlam Industries Ltd	6.68	2.66	6.18	8.69	0.95
BirlaNu Ltd	-1.54	-0.88	-2.71	-3.13	0.59
Astral Ltd	12.75	8.89	14.48	19.00	0.04
Asian Granito India Ltd	2.19	1.32	2.01	2.33	0.19

(Data as of 24 Oct 2025)

Why 2025 Is a Breakthrough Year for Green Construction?

The year 2025 is considered a turning point for the construction industry. Companies are no longer just constructing buildings but are also creating sustainable and energy-efficient infrastructure.

Government policies are driving momentum : The Indian government’s National Green Hydrogen Mission and Renewable Energy Policy have encouraged the adoption of sustainable materials in the construction sector. This is reducing energy dependence and encouraging companies to work in a “green” direction.
Global regulations have increased their impact : The European Union’s Carbon Border Adjustment Mechanism (CBAM) will come into effect in 2026. This has increased pressure on companies that export; they will now be required to reduce the carbon intensity of their products.
ESG reporting has become mandatory : Under SEBI’s BRSR Core Framework, companies are now required to publicly disclose information about their environmental impact. This has increased transparency and investor confidence.
Cost reductions and increased efficiency : Materials like low-carbon cement, recycled metal, and thermal insulation have made construction cheaper, faster, and more sustainable. This is why investors are increasingly prioritizing these companies.
Investors Focus on Green Stocks : ESG and infrastructure funds are now investing in projects that promote sustainable development. This is providing green building material companies with better funding and growth opportunities.

Factors to Consider Before Investing in Green Building Material Stocks

Company’s Environmental Policy : First, determine whether the company truly operates in sustainable ways. Companies that focus on renewable energy, waste recycling, and low-carbon production perform better in the long run.
Product Quality and Innovation : How unique and useful a company’s products are matters. Companies that adopt new and sustainable technologies will thrive in the future.
Compliance with Regulations : See whether the company is complying with government and ESG standards. Companies that report transparently are easier to trust.
Future Planning : Be sure to consider the company’s goals for the coming years. A clear vision demonstrates that the company is preparing not just for today, but for tomorrow as well.
Trustworthy Leadership : Good management is the backbone of any company. Companies with honest and experienced leadership stand strong even in difficult times.

Read Also: Best Chemical Stocks in India

Risks and Challenges in Green Construction Investing

Policy Delays : Government schemes and environmental policies sometimes take time to be implemented. Delays in implementing a tax or subsidy scheme can impact company growth.
Raw Material Shortage : Green materials require fly ash, scrap metal, or recycled materials to produce them. Sometimes, the lack of these resources can make production more expensive or slower.
High Technology Costs : Adopting green technology requires significant initial investment. These costs can sometimes become a burden for small and medium-sized companies.
Greenwashing Risk : Many companies promote their projects as “green,” but in reality, their impact is limited. Therefore, be sure to check the company’s actual sustainability report before investing.
Lack of Reporting and Transparency : Not every company shares its ESG data accurately. Therefore, it is important to verify a company’s credibility through SEBI BRSR Core or independent reports.

Conclusion

Things aren’t the same anymore. Folks want smart homes these days, not just strong ones. This shift is why green building stuff is getting popular. Companies that are serious about doing things the right way and being sustainable will really matter in the future. If you’re thinking about putting money into this area, keep in mind that making money is great, but the best returns are the ones that help future generations. That’s what true green investing is all about – money and doing what’s right.

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Frequently Asked Questions (FAQs)

What are Green Building Material Stocks?
These are stocks of companies that produce environmentally friendly and sustainable construction materials.
Why are green construction companies popular in 2025?
Because governments and investors are now paying more attention to sustainable construction.
Are green stocks good for long-term investment?
Yes, strong and responsible companies can deliver good returns in the long run.
Which sectors lead in green construction?
Cement, steel, insulation, and tiles are the major sectors.
What should investors check before investing?
Be sure to look at the company’s sustainability, innovation, and long-term vision.

November 2, 2025

Top Global Capability Centre Stocks in India

As an investor, everyone is looking to invest in sectors which have strong growth potential in the long run. Over the past few years, Global Capability Centre has emerged as one of the key sectors to watch for. This sector has strong growth potential, characterised by higher profit margins.

In today’s blog post, we will give you an overview of the best Global Capability Centres Stocks in India, along with the benefits of investing in them.

Meaning of Global Capability Centres Stocks

A Global Capability Centre is a branch that is established by the multinational companies specifically to take care of the business functions, technology, research, and analytical processes in an offshore location that has low costs.

Such centres, or in other words, captive centres, allow the global companies to take advantage of the huge number of skilled people in a country and the low-cost operation. At the beginning, their focus was solely on back-office assistance, but now GCCs have transformed into strategic centres where different sectors exchange innovation, R&D, and high-value functions.

Top Global Capability Centres Stocks

Tata Consultancy Services Limited
Quess Corp Limited
L&T Technology Services Limited
eClerx Limited
HCL Technology Limited

Company	Current Market Price (INR)	Market Capitalisation (in INR crore)	52-Week High	52-Week Low
Tata Consultancy Services Limited	3075	1112232	4495	2867
Quess Corp Limited	235	3500	379	232
L&T Technology Services Limited	4194	44515	5647	3855
eClerx Limited	4345	21328	4640	2116
HCL Technology Limited	1524	413062	2012	1303

(Data as of 23rd October 2025)

Read Also: Best Data Center Stocks in India

Overview of Top Global Capability Centres Stocks in India

1. Tata Consultancy Services Limited

Tata Consultancy Services Limited company was incorporated in 1968 under the brand Tata Sons. Initially, the company was engaged in providing punched card services to Tata Steel Limited. Later, the company started developing software for IT consultancy firms. And since 1980, the company has been exporting their software. In 2004, the company went public and launched its IPO. Currently, the company is providing their services in more than 150 countries. The company operates a vast network of Global Delivery Centres worldwide to serve its clients. The company has its headquarters in Mumbai.

2. Quess Corp Limited

The company was founded in 2007 by Ajit Isaac. The company is engaged in providing services to multiple verticals of the service sector. Quess Corp Limited became a publicly listed company in 2016. Over time, it has become the largest private sector employer in India and has its operations spread across North America, the Middle East, and Southeast Asia. It helps other companies set up and operate GCCs, and it has entered into strategic partnerships with various international firms. The company’s head office is situated in Bengaluru.

3. L&T Technology Services Limited

The company was incorporated in 2006 as a separate entity of the L&T Group to focus on engineering and research-related activities. The company got itself listed on the Indian Stock Exchange in 2016. The company has made a remarkable presence in the IT service industry by offering digital engineering, Internet of Things, Artificial Intelligence, etc. The company has expanded its global footprint across North America and Europe. Its headquarters are situated in Maharashtra.

4. eClerx Limited

eClerx was founded in 2000 by P.D. Mundhra and Anjan Malik. The company provides data management solutions to various financial institutions. In 2007, the company entered the public market by launching its IPO and became a publicly listed entity. The company currently serves clients of major countries such as the USA, UK, Italy, Germany, etc. Its headquarters are situated in Maharashtra.

5. HCL Technology Limited

The company is a part of HCL Group, which was founded in 1976 by Shiv Nadar. Initially, the company was engaged in developing microprocessors and later entered into providing software services. In 1999, HCL Technologies Limited was incorporated as a separate entity for IT-related services, and in the same year, it became a publicly listed company. Its headquarters are situated in New Delhi.

Key Performance Indicators (KPIs)

Company	Debt to Equity	ROE (%)	ROCE (%)	Operating Profit Margin (%)	Net Profit Margin (%)
Tata Consultancy Services Limited	0	51.24	62.01	25.89	19.11
Quess Corp Limited	0.01	4.22	17.46	1.63	0.30
L&T Technology Services Limited	0	20.83	27.01	16.84	11.84
eClerx Limited	0	23.46	27.85	22.38	16.08
HCL Technology Limited	0.03	24.96	30.84	20.42	14.86

(as on 31st March, 2025)

Read Also: Best Semiconductor Stocks in India

Benefits of Investing in Global Capability Centres Stocks

The key benefits of investing in Global Capability Centres Stocks are as follows:

Consistent Demand: Due to a rise in demand for cost-efficient capabilities centers the revenue stream of these companies will remain stable.
Higher Margins: Companies operating as Global Capabilities Centres generally have higher profit margins, because of low operating profit.
Government Support: As the Indian Government pushes for digital transformation, the growth of companies engaged in Global Capability Centres will be boosted.

Factors to Consider Before Investing in Global Capability Centres Stocks

There are various factors which one should consider before investing in Global Centres Stocks, a few of which are as follows:

Client Concentration: Numerous companies engaged in Global Capability Centres depend on a very few global clients; if any of their clients end their contract with the companies, it might lead to a reduction in revenue.
Financial Performance: The company’s key financial metrics, such as operating profit, profit margins, etc., must be checked before making any investment decision.
Compliances: Global Capabilities Centres store huge amounts of sensitive data. Hence, one must check whether they follow all the regulating guidelines defined by data protection agencies, cybersecurity laws, etc.

Future of Global Capability Centres Stocks

The Global Capability Centres sector has grown at a rate of 10-12% CAGR. Along with this, the industry is expected to reach 100 billion dollars by 2030. Because of a talented workforce and improving technology infrastructure, this sector tends to do exceptionally well in the near future. The Global Capabilities Centres are also shifting from tier 1 to tier 2 and 3 cities to increase the chance of companies in this sector.

Conclusion

On a concluding note, in the Global business landscape, India is establishing itself as a prominent player, and Global Capabilities Centres with a skilled workforce help in making its position strong. Companies engaged in GCC offer an opportunity to participate in this growth; however, there are certain risks related to investing in the stocks of these companies. Therefore, one should consult their investment advisor before making any investment decision.

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Frequently Asked Questions (FAQs)

What is the Global Capability Centre?
GCCs are units set up by multinational companies to manage business operations, technological support from distant locations such as India.
Which companies are engaged in providing services related to the Global Capability Centre?
There are various IT companies like L&T Technology Services Limited, eClerx Limited, HCL Technology Limited, Quess Corp Limited, TCS, etc.
What are the major risks related to investment in stocks of the Global Capability Centre?
The risk related to investment in stocks of Global Capability Centre includes increasing cost of employees, dependency on clients, global economic slowdown, etc.
What is the future of companies engaged in the Global Capability Centre?
The future of Global Capability Centre companies is very promising as the industry is expected to increase at an annualised rate of 10-11%, which helps them in creating wealth for investors over the long run.
How to invest in companies engaged in providing a Global Capability Centre?
One can easily invest in companies of the Global Capability Centre by opening a lifetime free demat account with Pocketful. And once the account is opened, you can use their mobile application and purchase the Global Capability Centre stocks during market hours.

November 2, 2025

FIFO in Demat: Meaning, Rules & Tax Impact

In the stock market, when we buy the same shares at different times and prices, the question often arises when selling them: which purchase the system recognizes first. The answer is FIFO in Demat. According to this rule, the shares purchased first are considered the first to be sold. This directly impacts your taxes, profit-loss, and investment planning. In this blog, we’ll explain this rule in simple terms and explain why it’s important for investors.

What is a Demat Account?

A Demat Account allows you to hold your shares and securities in digital form. Previously, shares were available in physical certificates, but today, all shares are held electronically through depositories like NSDL and CDSL. This advantage eliminates the hassle of paperwork, transfers, and losses.

Whenever you buy shares, they are credited to your Demat account. Similarly, when you sell shares, they are debited from the account, and the payment is credited to your trading account/bank account.

Example : Suppose you bought 100 shares in January at ₹3,000 and another 100 shares in June at ₹3,200. Now, if you sell 100 shares, the question arises: which lot will be considered sold? This is where FIFO in Demat comes into play.

What is FIFO in Demat?

FIFO (First In, First Out) is a rule that states that when you buy shares of a company at different times and at different prices, the first shares you buy are considered when selling them. This isn’t an optional method, but rather a standard practice applicable to every investor in India.

Depositories that manage demat accounts NSDL and CDSL automatically apply this rule. This doesn’t affect the execution of your order; meaning, when you sell shares in the market, they are sold as normal. The difference is reflected only in your accounting and capital gains tax calculations.

Example

Bought 50 shares at ₹100
Bought 50 shares at ₹120
Sold 50 shares

Under the FIFO rule, the system will assume you sold the first 50 shares at ₹100. This will directly impact your profit-loss and tax calculations.

Why is FIFO Important in Demat Accounts?

The FIFO rule isn’t just a technical process for investors, but a crucial part of everyday investing. It determines how share purchases and sales are recorded in your demat account and how taxes are calculated.

Simplifies Tax Calculations : FIFO clarifies which shares are considered short-term gains and which long-term gains. This reduces the chance of error when filing income tax returns.
Eliminates Record Confidence : When the same shares are purchased at different dates and prices, it can be difficult to keep track of them. FIFO makes it clear which shares are considered sold first.
Same Rules Apply to Every Investor : Depositories like NSDL and CDSL apply FIFO to all demat accounts. This means that regardless of which broker you trade with, the rules remain the same.
Transparency and Trust : If FIFO were not in place, investors could choose which lots to sell first, which could lead to tax calculation errors. FIFO prevents this arbitrariness and makes the system reliable.
Helping Investors Prepare in Advance : People often sell shares without understanding FIFO and are later surprised by the tax implications. Knowing this rule can help you plan in advance when it’s best to sell.

Real-Life Example of FIFO in Action

The example below will help you understand how the FIFO rule applies:

Date	Transaction	Quantity (Share A)	Price per Share	Total Value	Status as per FIFO
January 2023	Bought	100	₹200	₹20,000	First purchased shares
June 2023	Bought	100	₹250	₹25,000	Later purchased shares
February 2024	Sold	100	₹300 (assumed)	₹30,000	January lot of 100 shares considered sold

Therefore, the profit will be ₹30,000 – ₹20,000 = ₹10,000.

Since the period from January 2023 to February 2024 is less than 12 months, this will be treated as short-term capital gain (STCG) and will be taxed at 20%.

FIFO vs Other Methods

Different methods are used around the world to record the purchase and sale of shares. In India, only FIFO (First In, First Out) is valid, but it’s important to understand the other methods as well.

LIFO (Last In, First Out) : In this method, the most recently purchased shares are considered the first to be sold. If it were implemented in India, short-term gains would often be higher because recent purchases would be deducted first.
Weighted Average : Here, the purchase price of all shares is added to arrive at an average, and profit or loss is determined based on that. It doesn’t matter which lot was purchased first or last. This method is common in many countries.
Specific Identification : In this, the investor can choose which lot to sell. This provides flexibility, but also increases the possibility of tax evasion or fraud.

Why FIFO in India?

The Income Tax Department has mandated FIFO to ensure uniform rules apply to everyone and transparent tax calculations. This prevents investors from arbitrarily trying to evade taxes.

Impact on Investors : FIFO simplifies the process and ensures uniform rules for everyone. However, this can sometimes prove costly for traders who frequently buy and sell in short periods of time, as they have to pay higher short-term gains tax.

How FIFO Affects Your Taxes

The FIFO rule directly impacts the tax treatment of shares and equity mutual funds.

1. Short-Term Capital Gain (STCG)

If you sell equity shares or equity mutual funds within less than 12 months, the profit is considered STCG. This has changed since July 2024 and is now taxed at 20% (previously 15%).

2. Long-Term Capital Gain (LTCG)

If shares or funds are held for more than 12 months, the gain is classified as LTCG. Since Budget 2024, LTCG is taxed at 12.5%, and does not receive indexation benefit. ₹1,25,000 exemption Long-term gains up to the first ₹1,25,000 per financial year are exempt from tax. Any gains above this limit will be taxed at 12.5%.

3. Difference due to FIFO

FIFO assumes that the oldest shares purchased are sold first. This means that even if you want to deduct new shares, tax will be calculated on the oldest shares. This can sometimes be beneficial (less tax due to LTCG being applied), and sometimes it can be detrimental (more tax due to STCG being applied).

4. ITR and Other Charges

The LTCG exemption of ₹1,25,000 under Section 112A is now clearly shown when filing ITR. A surcharge and a 4% health and education cess are also added to the tax. Capital gains are calculated after deducting brokerage, STT, and transaction charges.

Tips to Manage FIFO Impact in Your Portfolio

Keep track of purchases and sales : Make it a habit to note the date and price every time you buy or sell shares. This will clearly show you which shares are likely to be long-term and when selling them will result in lower tax.
Use the right tools : These days, on platforms like Zerodha Console, Pocketful, you can easily see which lot will be deducted first according to FIFO and how it will be taxed.
Remember the 12-month limit : If a lot is about to complete 12 months, it would be wise to wait a bit. This will allow you to avoid short-term tax and take advantage of the long-term tax rate.
Use loss harvesting : Losing shares can sometimes prove beneficial. By selling them, you can balance the FIFO gain and reduce your tax burden.
Keep your records updated : Fast-and-fast mistakes often occur during tax filing. Having your data and transaction records clear will help prevent last-minute stress.

Conclusion

Understanding FIFO in Demat is important not only for tax purposes but also for making better investment decisions. This rule ensures that every investor’s accounting is consistent and there’s no confusion. If you understand how FIFO affects your portfolio, you’ll be able to time your investments and improve your tax planning. Ultimately, it’s wise to adopt the rule to strengthen your investment strategy.

S.NO.	Check Out These Interesting Posts You Might Enjoy!
1	Types of Demat Accounts in India
2	Features and Benefits of Demat Account
3	Can I Have Multiple Demat Accounts in India?
4	How to Open a Demat Account Online?
5	What is Securities Transaction Tax (STT)?
6	What is Capital Gains Tax in India?
7	Tax on Commodity Trading in India
8	How to Download Your Demat Holding Statement?
9	Top 10 Tax Saving Instruments in India
10	How to Close Your Demat Account Online?
11	Mastering Your Finances: Beginner’s Guide To Tax Savings

Frequently Asked Questions (FAQs)

Can I choose which shares to sell in Demat?
No, you don’t have a choice. The system automatically applies the FIFO rule.
How does FIFO affect taxes?
It determines whether your gain is short-term or long-term, and tax will be levied accordingly.
Does FIFO apply to intraday trading?
No, it only applies to delivery shares and mutual funds.
Why is FIFO important for investors?
Because it keeps records clear and makes tax calculations easier.

November 1, 2025

Blog

Lenskart Solutions IPO Day 3 Subscription Status

How to Check Lenskart Solutions IPO Allotment Status

Method 1: Registrar’s website (MUFG Intime India Pvt. Ltd.)

How to do:

Method 2: Check from BSE or NSE’s website

How to do:

Objective of the Lenskart Solutions IPO

Lenskart Solutions IPO GMP – Day 3 Update

Lenskart Solutions IPO – Key Details

Important Dates for Lenskart Solutions IPO Allotment

Lenskart Solutions Overview

Frequently Asked Questions (FAQs)

What is the opening and closing date of Lenskart Solutions IPO?

What is the price band of the Lenskart Solutions IPO?

What is the GMP (Grey Market Premium) of Lenskart Solutions IPO today?

What is the total issue size of Lenskart Solutions IPO?

What is the expected listing date of Lenskart Solutions?

What are Aerospace Stocks?

Indian Aerospace Industry – An Overview

List of Best Aerospace Stocks based on Market Cap

1. HAL

2. Bharat Electronics

3. Bharat Dynamics

4. Garden Reach Shipbuilders

5. Data Patterns (India)

6. Zen Technologies

7. Astra Microwave Products

8. Apollo Micro Systems

9. Mishra Dhatu Nigam Limited

10. Mtar Technologies

Challenges of Aerospace Stocks

Conclusion

Frequently Asked Questions (FAQs)

Are aerospace stocks and defence stocks the same?

Is it safe to invest in these stocks?

Can private companies compete with government-owned aerospace firms?

How can I invest in aerospace stocks?

What is the future outlook of this industry?

What is Coworking Space?

Top Coworking Space Stocks

Overview of Top Coworking Space Stocks in India

1. AWFIS Space Solutions Limited

2. DEV Accelerators Limited

3. EFC Limited

4. Indiqube Spaces Limited

5. Kontor Space Limited

6. Smart Coworking Spaces Limited

7. WeWork India Management Limited

Key Performance Indicators (KPIs)

Benefits of Investing in Coworking Space Stocks

Factors to Consider Before Investing in Coworking Space Stocks

Future of Coworking Space Stocks

Conclusion

Frequently Asked Questions (FAQs)

What is a Coworking Space?

Name some Coworking Space Stocks?

What are the risks involved while investing in Coworking Space Stocks?

What makes shared office space different from traditional offices?

Are Coworking Spaces only used by startups and freelancers?

What is Freedom 251 Scam?

How the Freedom Mobile 251 Was Marketed

Controversies and Scam Allegations

Aftermath of the Freedom 251 Bookings

Red Flags Before the Launch

Legal Troubles and Investigations

Arrest of the CEO and Closure

Lessons Learned from the Freedom 251 Scam

Conclusion

Frequently Asked Questions (FAQs)

What was the Freedom 251 phone?

Why did people call it a scam?

Did the company really deliver the phones?

Was anyone punished for this?

What’s the main lesson from the Freedom 251 incident?

Studds Accessories IPO Day 3 Subscription Status

How to Check WeWork IPO Allotment Status

Method 1: Registrar’s website (MUFG Intime India Pvt. Ltd.)

How to do:

Method 2: Check from BSE or NSE’s website