Vikram Solar Limited, a major player in solar photovoltaic manufacturing in India, has launched its ₹2,079 crore IPO, comprising a fresh issue of ₹1,500 crore and an offer for sale of ₹579 crore. The issue opens for subscription on August 19, 2025, at a price band of ₹315 to ₹332 per share, and closes on August 21, 2025. Post allotment, the company’s shares are expected to be listed on both the BSE and NSE on August 26, 2025.
Vikram Solar IPO Day 2 Subscription Status
Vikram Solar IPO was subscribed 4.73 times on the second day, led by non-institutional investors at 13.51 times and retail investors at 3.62 times, while QIBs subscribed 0.12 times.
Investor Category
Subscription (x)
Qualified Institutional Buyers (QIB)
0.12
Non-Institutional Investors (NII)
13.51
bNII (above ₹10 lakh)
13.35
sNII (less than ₹10 lakh)
13.85
Retail Individual Investors (RII)
3.62
Employees
2.49
Total Subscriptions
4.73
Total Applications: 15,25,121
Total Bid Amount (₹ crores): 6,891
Objective of the Vikram Solar IPO
Vikram Solar Limited intends to utilize the net proceeds from the fresh issue towards funding capital expenditure for its Phase I and Phase II projects, along with meeting general corporate purposes.
Use of IPO Proceeds
Amount (₹ Cr)
Partial funding of capital expenditure for the Phase-I Project
769.73
Funding of capital expenditure for the Phase-II Project
595.21
General Corporate Purposes
–
Vikram Solar IPO GMP – Day 2 Update
The grey market premium (GMP) of Vikram Solar IPO is ₹48, as on 5:00 PM August 20, 2025. The upper limit of the price band is ₹332, and the estimated listing price as per today’s GMP can be ₹380, giving a potential gain of around 14.46% per share.
Date
GMP
Est. Listing Price
Gain
20-08-2025 (DAY 2)
₹48
₹380
14.46%
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.
Vikram Solar IPO – Key Details
Particulars
Details
IPO Opening Date
August 19, 2025
IPO Closing Date
August 21, 2025
Issue Price Band
₹315 to ₹332 per share
Total Issue Size
6,26,31,604 shares(aggregating up to ₹2,079.37 Cr)
Vikram Solar Limited is one of India’s largest solar photovoltaic (PV) module manufacturers, with over 17 years of industry experience. As of March 31, 2025, the company has an installed manufacturing capacity of 4.5 GW, strategically located in West Bengal and Tamil Nadu, and is expanding to 20.5 GW by FY 2027. Its product portfolio includes high-efficiency Mono-PERC, N-Type, and HJT solar modules, supported by strong R&D and global certifications. Vikram Solar also provides EPC and O&M services and exports to over 39 countries, serving marquee clients worldwide while maintaining a strong domestic presence.
Patel Retail Limited, a Maharashtra-based supermarket operator, has launched its ₹243 crore IPO, comprising a fresh issue and an offer for sale. The issue opens for subscription on August 19, 2025, at a price band of ₹237 to ₹255 per share, and closes on August 21, 2025. Following allotment, the company’s shares are set to be listed on both the BSE and NSE on August 26, 2025.
Patel Retail IPO Day 2 Subscription Status
On the second day, Patel Retail IPO was subscribed 19.51 times overall. Non-institutional investors led with 26.09 times, including 34.11 times in the small NII category. Qualified institutional buyers subscribed 17.14 times, while retail investors and employees subscribed 16.60 times and 9.56 times, respectively.
Investor Category
Subscription (x)
Qualified Institutional Buyers (QIB)
17.14
Non-Institutional Investors (NII)
26.09
bNII (above ₹10 lakh)
22.09
sNII (less than ₹10 lakh)
34.11
Retail Individual Investors (RII)
16.60
Employees
9.56
Total Subscriptions
19.51
Total Applications: 10,77,268
Total Bid Amount (in ₹ crore): 3,889
Objective of the Patel Retail IPO
Patel Retail Limited intends to utilize the net proceeds from the IPO towards repayment or prepayment of certain outstanding borrowings, meeting its working capital requirements, and for general corporate purposes.
Use of IPO Proceeds
Amount (₹ Cr)
Repayment/prepayment, in full or part, of certain borrowings availed of by the Company.
59
Funding of working capital requirements of the Company
115
General Corporate Purposes
–
Patel Retail IPO GMP – Day 2 Update
The grey market premium (GMP) of Patel Retail IPO is ₹49, as on 5:00 PM August 20, 2025. The upper limit of the price band is ₹255, and the estimated listing price as per today’s GMP can be ₹304, giving a potential gain of around 19.22% per share.
Date
GMP
Est. Listing Price
Gain
20-08-2025 (DAY 2)
₹49
₹304
19.22%
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.
Patel Retail Limited is a value-focused supermarket chain operating under the brand “Patel’s R Mart,” primarily in tier-III cities and suburban areas of Maharashtra. Incorporated in 2008, the company manages 43 stores with a retail area of about 1.79 lakh sq. ft., offering over 10,000 SKUs across food, FMCG, general merchandise, and apparel. It has also developed private label brands such as Patel Fresh, Indian Chaska, Blue Nation, and Patel Essentials. Through backward integration, Patel Retail operates modern processing and agri-processing facilities in Maharashtra and Gujarat, supporting retail, exports to over 35 countries, and bulk agri-commodity trading.
Do you know that the biggest investment opportunities often hide in plain sight. We all hear about the big companies like Reliance or TCS, but a lot of rapid growth actually takes place in smaller, lesser-known companies that are just beginning to establish themselves. These are the small-cap companies, which have the potential to grow much faster than the giants.
The challenge, however, is that finding these hidden gems can be tough. Not every small-cap company turns into a success story, and betting on just one can be risky. To manage this, investors often need exposure to multiple small-cap stocks in order to diversify and spread their risk. This is where Small-Cap ETFs (Exchange-Traded Funds) come in. An ETF acts like a smart basket of stocks, bundling together dozens of promising small companies in one place, making investing simpler and more efficient.
In this blog, we’ll dive into why so many smart investors are looking to invest in Small-Cap ETFs in 2025 and walk you through some of the best options in the Indian market.
What is a Small-Cap Company?
These are the listed companies that are ranked by SEBI based on their total value or market capitalization.
Large Cap : The top 100 biggest companies in the Indian financial markets based on market capitalization are known as large cap companies. These companies are generally stable with strong fundamentals.
Mid Cap : These are the next 150 companies ranked between 101 to 250. They are relatively well-established businesses that demonstrate steady growth and have significant potential for further expansion.
Small Cap : These include all companies ranked below 251 by market capitalization. They are typically smaller in size, carry higher risk, but also offer greater growth potential compared to large-cap and mid-cap companies.
These small-cap companies are often young, dynamic, and have massive room to grow. They could become the big names of tomorrow. But, just like small companies, they are also more sensitive to economic changes and can be very risky.
What is an ETF?
An ETF (Exchange-Traded Fund) is an investment product that holds a collection of securities, such as stocks or bonds, and trades on the stock exchange just like a regular stock. Instead of investing in one company at a time, an ETF allows you to invest in a whole group of companies in a single purchase.
Think of it like buying fruits: if you wanted apples, bananas, and oranges, you could buy each separately or simply pick up a pre-packed fruit basket that already has a mix of them. An ETF is that fruit basket, but filled with company shares instead of fruits.
A Small-Cap ETF is a basket that contains shares of many small-cap companies. By investing in it, you get exposure to the growth potential of these smaller firms while spreading your risk across a wide range of them, rather than betting on just one.
Now that we know the basics, let’s look at three interesting small-cap ETFs available in India. Think of them as three different types of shopping baskets.
1. HDFC NIFTY Smallcap 250 ETF
This ETF’s goal is to perfectly copy the performance of an index called the Nifty Smallcap 250. This index is a list of the largest 250 small-cap companies in India. The ETF buys shares of all 250 companies in the same proportion as the index.
AUM (Assets Under Management) : Around ₹1,319 crore, this is the total money people have invested in this ETF. A large AUM is a good sign as it shows investor confidence and usually means the ETF is easy to buy and sell.
Expense Ratio : This is the small annual fee you pay, 0.20% for HDFC. For every ₹10,000 you invest, you only pay ₹20 per year. This is very low and doesn’t reduce returns that much.
Tracking Error : It is around 0.16%, this number tells you how well the ETF is copying its index. A lower number is better, and 0.16% is excellent. It means the fund manager is doing a great job.
Liquidity : Very high liquidity, as millions of units are traded every day, so you can buy or sell it easily without any issues.
2. Motilal Oswal Nifty Smallcap 250 ETF
This ETF also tracks the Nifty Smallcap 250 Index, aiming to deliver returns that closely correspond to the performance of the broader small-cap market. Its investment strategy is identical to HDFC’s, as it replicates the index by holding all constituent stocks in the same proportion.
AUM : Its assets under management is around ₹125 crore, this is smaller than HDFC’s, which is understood for a newer fund.
Expense Ratio : This is a bit higher than HDFC’s, approx 0.31%. For a product that does the same thing, you are paying a little more in fees.
Tracking Error : Around 0.22%. This is also very low and shows good management, but it’s slightly higher than HDFC’s number.
Liquidity : It has good trading volumes, so buying and selling are generally not a problem.
The Mirae ETF starts with the same 250 small-cap companies but then applies a filter. It picks the top 100 stocks that show momentum, which means companies whose share prices have been rising strongly recently and companies with strong fundamentals, like good profits and low debt. This is called a “smart-beta” or “factor-based” strategy. The idea is to own not just the whole market, but a smarter, potentially better-performing slice of it.
AUM : It has an asset under management of around ₹658 crore. This shows that many investors are interested in investing in an ETF with a smart investment strategy.
Expense Ratio : This is double as compared to HDFC’s fee around 0.47%. This higher cost is what you pay for the extra research and filtering process.
Tracking Error : Around 0.25%, this shows that the ETF is good at following its own special Momentum Quality 100 index.
Liquidity : Very liquid, with high trading volumes, making it easy to trade.
Advantages and Disadvantages of small cap ETF to Invest
Advantages
High Growth Potential : Small companies can grow much faster than large, established ones, potentially giving you very high returns.
Instant Diversification : With one click, you own a piece of hundreds of companies, if one company does poorly, it doesn’t sink your entire investment.
Low Cost : ETFs are much cheaper to own than most mutual funds. Most of your funds stay invested and work for you.
Easy to Trade : You can buy and sell them anytime during the market hours, just like a stock.
Disadvantages
High Volatility : The prices of small-cap ETFs can swing up and down instantly, they are not suitable for investors who get affected easily.
Economic downturn : During a market downturn or recession, small-cap stocks tend to fall much harder and faster as compared to a large-cap stocks.
Long-Term View : To get good returns, you must be prepared to stay invested for a long time, ideally 5 to 7 years or more.
How to Choose the Right ETF?
Some of the key factors to consider before choosing the right ETF for your financial needs are given below:
Expense Ratio : Always check the expense ratio as a lower fee means higher returns for you over the long run.
Tracking Error : A low tracking error means the fund is doing well in the market, showing its efficiency.
AUM and Trading Volume : Look for ETFs with a large AUM and high daily trading volume, this ensures you can buy and sell it easily in the market.
Understand the Index : Know what you are buying. Are you investing in ETFs that completely copies the whole index (like with HDFC and Motilal) or uses a special strategy (like with Mirae).
Complete Your KYC : You will need to submit your PAN card, address proof, and other documents for a one-time verification process.
Add Funds : Transfer money from your bank account to your trading account.
Search and Buy : Open your broker’s app, search for the ETF’s name or ticker, enter the quantity you want to buy, and click ‘Buy’.
Monitor Your Investment : The ETF units will appear in your Demat account. You can track their performance on your app.
Conclusion
Small-cap ETFs can be a powerful tool to build wealth over the long term. They offer an exciting mix of high growth potential and diversification at a low cost. However, they come with high risk and are not suitable for everyone. The right choice for you depends entirely on your personal financial goals, how much risk you are comfortable with, and your investment philosophy. Take your time, do your research, and choose the ETF that feels right for you. Furthermore, it is advised to consult a financial advisor before investing in any stock or ETF.
S.NO.
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Are small-cap ETFs better than investing in individual small-cap stocks?
Individual small-cap stocks can give high returns but carry high risk. Small-cap ETFs spread your money across many companies, reducing risk while still giving exposure to growth potential.
Can beginners invest in small-cap ETFs considering the risk?
They are considered high-risk because their prices can be very volatile. However, because an ETF holds many stocks, the risk is spread out. If you have a long-term investment plan (5+ years) and can handle the price swings, then even beginners can invest in small cap ETFs.
When can a small-cap ETF give good returns?
To see meaningful returns and ride out the market’s ups and downs, it is generally recommended to stay invested for at least 5 to 7 years. They are not suitable for short-term goals.
Why is ‘expense ratio’ important?
The expense ratio is a small annual fee charged by the fund company to manage the ETF. It’s important because it directly reduces returns of an investor.
How are my profits from these ETFs taxed in India?
If you sell equity ETF units within 12 months, gains are taxed at 20%. For holdings over 12 months, the first ₹1.25 lakh of gains per year is exempt; amounts above are taxed at 12.5%.
Stock market investments are a great way of building wealth over time. This is, however, true only if a person understands the concept, meaning, and essential terminologies associated with stock investments, as it requires considerable research. In the financial world, two terms that are widely confused are “shares” and “stocks.” While they are often used interchangeably, they have distinct meanings in the context of investing.
In this blog, we will explain the difference between stocks and shares, their types, benefits, and risks so you can invest with clarity and confidence.
What is a Stock?
A stock is a blanket term that represents a person’s ownership stake in one or several companies. Having a stock means that you gain some part of a company’s assets, earnings, or production; this means you partially own the company, hence you are one of its many shareholders. At this point, stocks are considered financial instruments that can be bought and sold on the stock market.
Investors are granted certain rights assuming they own the required stocks of a certain company:
Voting rights in company decisions, such as in the case of common stock
Capital appreciation, which comes when the price of a stock increases
All stocks are held electronically in a Demat (dematerialized) account, which acts as your digital storage of securities. The stocks do not have to be from the same company, as they can be from different companies. That prime reason is what makes the term stocks wider in scope as compared to shares.
What is a Share?
A share is the smallest unit of ownership in a company. Simply shares are the individual parts that constitute a stock. If a corporation issues 10,000 shares and you hold 100 of them, then you own 1% of the company.
For example : Imagine that Adani Green Energy Limited (AGEL) has 10,000 total shares. By buying one share, you hold 0.01% of the company. When the value of the share increases, that in turn increases the value of your investment.
In other words, “stock” is a company’s investment as a whole, while “shares” are the components of that investment in a single corporation.
Stocks represent part of ownership in a single or multiple companies.
Share represents a single unit of ownership in a company.
Paid up value
Stocks are generally considered fully paid.
Shares can be partly or fully paid-up
Value
The market price of stocks varies across companies and stock categories.
Shares of a specific company have the same or equal value.
Categories
Stocks are of two types, common and preferred, which can be further divided into growth stocks, blue-chip stocks, etc.
Shares are categorised into common shares and preference shares
Types of Stocks
Depending on the level of risk, goals for capital, and investments, stocks differ from other investments. Below are a few of the most common stock types:
1. Common Stock
They have voting rights attached to it, investors can vote in crucial company decisions. Dividends are not guaranteed in common stocks even talking about the liquidation situation, the common stockholder comes last in line for compensation.
2. Preferred Stock
Preferred stocks are shared by few companies. In this type of stock the stockholder gets a guarantee to get dividend payments. If the company gets into a situation where it gets liquidated the preferred stockholder gets compensation but voting rights are not given in this stock.
3. Large-cap Stocks
These stocks are of the companies that are well established and financially strong with huge market capitalization (Top 100 companies by market cap in India). These stocks are known for their strong brand value, stability, continuous growth and earning, even regular dividend payments. Due to their strong foothold they are less risky and less volatile to global changes. For eg : Reliance Industries, TCS, HDFC Bank etc.
4. Mid-cap Stocks
Mid cap stocks, or mid cap equities, are stocks of companies ranked from 101 to 250 by market capitalization. These companies typically show solid growth potential plus demonstrate qualities like well established blue-chip companies. Investment in mid-caps provides a balanced-risk and return, these stocks are less volatile compared to small caps and mid cap stocks provide more growth than large cap stocks.
5. Small-cap Stocks
Small-cap stocks are companies ranked below 251 by market capitalization in India. These represent newer businesses with the potential of achieving great returns but come with a lot of risks. These companies are characterized by high volatility, limited resources, small market shares, and sensitivity to volatile market conditions.
6. Growth Stocks
Growth stocks are those that will be able to grow at a greater rate than the rest of the market, usually these stocks are from the healthcare and technology sector. These firms use their profits to reinvest instead of giving out high dividends which leads to a higher price to earnings ratio. These also tend to appreciate in value dramatically which results in capital appreciation for investors.
7. Blue-chip Stocks
Often tagged to large-cap stocks, ‘blue-chip’ describes the stocks of well-known companies that are financially stable and have a history of consistent earnings, dependable dividends, and a good reputation. They are considered safe investments relative to other stocks.
Types of Shares
Shares can be classified into different categories, based on their rights, returns, or other priorities.
1. Equity or Common Shares
Equity shares signify the fundamental ownership of a company and gives the shareholder voting rights in making important decisions for the company. A significant capital appreciation and wealth growth can be received from this type of share, but these shares are at highest risk and getting dividends are not certain, and the shareholder will be last to liquidate the assets after preferred shareholders and creditors.
2. Preference Shares
Preference shares indicate ownership of the company but with priority over equity shares. Holders also receive dividends prior to common stockholders and have a greater claim on the company’s assets if liquidation occurs, however they lack voting rights and preference shares are less risky than equity shares but they offer less capital appreciation.
Investing in stocks has several financial advantages:
Wealth Creation: Stocks generally appreciate over time and increase in value, as the company grows for its economical expansion. As compared to bonds and saving accounts interest, stocks have outperformed if invested for a long period of time, making them a good option to increase wealth.
Diversification: Investing in different industries and companies reduces overall portfolio risk. Diversification helps in mitigation of sector based global challenges thus investing in multiple sectors helps in securing your invested capital.
Liquidity: Stocks can be easily bought or sold with ease on exchanges as digital mode is evolving, this helps investors to access the stock anytime anywhere .
Dividend Income: Some stocks provide periodic dividend payments, which can give investors a regular income. This investment can also be helpful for reinvestment purposes.
Control and Ownership: Important decisions can be influenced, as equity shareholders have voting power according to their stock holdings.
Risks Involved in Stock Market Investments
Volatility: Stock markets witness frequent price changes due to global market news, economic conditions, or company performance leading to risking investors capital.
Market Risk: A downturn in the market conditions will most likely drag even strong stocks down, regardless of their original value.
Liquidity Risk: Some stocks basically that have less trading volume or small growing companies stocks, might be difficult to sell when required. This can impact the investor that is looking for instant cash out from their shares.
Emotional Investing: A vast majority of investors tend to buy and sell based on personal emotions like fear of losing capital or greed to gain high profits, this can cause avoidable losses. Rumours or news may sometimes lead the investor to such a situation.
Conclusion
In the world of financial markets, understanding the distinction between stocks and shares is a fundamental step for every investor. Stocks represent overall ownership in one or more companies, while shares are the specific units that define this ownership within a single company. Grasping these concepts not only strengthens financial knowledge but also enables smarter and more confident investment decisions, whether the goal is long-term wealth creation or short-term trading opportunities. It is advised to consult a financial advisor before investing.
S.NO.
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No, stocks and shares are not the same. The term ‘stocks’ refers to a larger concept which includes the ownership of more than one company while ‘shares’ are specific quantifiable pieces of ownership in a singular company.
How do I start investing in shares or stocks?
To start stock investing, you need a registered broker providing a trading account and a Demat account for example, Pocketful that provides free account registration and demat account opening or any SEBI registered platform.
What is the safest way to invest in the stock market for beginners?
For starters, the lowest risk methods are investing in professionally managed and diversified financial instruments like Mutual Funds or ETFs. ETFs and Mutual Funds require less skill and knowledge or blue-chip stocks of renowned companies that have shown consistent growth over the years can also be used.
Can I lose money while investing in shares?
Absolutely, while the stock market is filled with opportunities for trying to make money, it always comes with serious risks attached to it.
What do I actually own if I buy a company’s stock?
You own a certain amount of shares of that company, which makes you a partial owner of that specific business.
Shreeji Shipping Global Limited, a leading player in dry-bulk logistics across non-major ports in India and Sri Lanka, has launched its ₹411 crore IPO, consisting entirely of a fresh issue of 1.63 crore equity shares. The issue opens for subscription on August 19, 2025, at a price band of ₹240 to ₹252 per share, and closes on August 21, 2025. Post allotment, the company’s shares are scheduled to be listed on both the BSE and NSE on August 26, 2025.
Shreeji Shipping IPO Day 1 Subscription Status
The Shreeji Shipping IPO received a strong response on its first day, with an overall subscription of 2.13 times. QIBs subscribed 1.09 times, NIIs 3.54 times, and retail investors 2.13 times.
Investor Category
Subscription (x)
Qualified Institutional Buyers (QIB)
1.09
Non-Institutional Investors (NII)
3.54
bNII (above ₹10 lakh)
3.77
sNII (less than ₹10 lakh)
3.06
Retail Individual Investors (RII)
2.13
Total Subscriptions
2.13
Total Applications: 1,82,278
Total Bid Amount (₹ Crores): 613
Objective of the Shreeji Shipping Global IPO
Shreeji Shipping Global Limited intends to utilize the net proceeds from the fresh issue primarily for expansion and strengthening of its fleet through the acquisition of dry bulk carriers in the Supramax category, for partial repayment or prepayment of certain outstanding borrowings, and for general corporate purposes.
Use of IPO Proceeds
Amount (₹ Cr)
Acquisition of Dry Bulk Carriers in Supramax category in the secondary market
251.18
Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company
23
General Corporate Purposes
–
Shreeji Shipping IPO GMP – Day 1 Update
The grey market premium (GMP) of Shreeji Shipping IPO is ₹30, as on 5:00 PM August 19, 2025. The upper limit of the price band is ₹252, and the estimated listing price as per today’s GMP can be ₹282, giving a potential gain of around 11.90% per share.
Date
GMP
Est. Listing Price
Gain
19-08-2025 (DAY 1)
₹30
₹282
11.90%
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.
Important Dates for Shreeji Shipping IPO Allotment
Event
Date
Tentative Allotment
August 22, 2025
Refunds Initiation
August 25, 2025
Credit of Shares to Demat
August 25, 2025
Listing Date
August 26, 2025
Shreeji Shipping Overview
Shreeji Shipping Global Limited is an integrated shipping and logistics service provider specializing in dry bulk cargo handling across ports and jetties in India and Sri Lanka. With over three decades of industry experience, the company operates a fleet of 80+ vessels, 370+ earthmoving equipment, and offers end-to-end solutions including lighterage, stevedoring, cargo management, transportation, fleet chartering, and equipment rentals. Focused on non-major ports, particularly along India’s west coast, Shreeji serves diverse sectors such as oil and gas, energy, FMCG, coal, and metals. For FY 2025, it reported revenues of ₹6,076.13 million and PAT of ₹1,412.37 million.
Easy Steps to Apply for Shreeji Shipping IPO via Pocketful
Vikram Solar Limited, a major player in solar photovoltaic manufacturing in India, has launched its ₹2,079 crore IPO, comprising a fresh issue of ₹1,500 crore and an offer for sale of ₹579 crore. The issue opens for subscription on August 19, 2025, at a price band of ₹315 to ₹332 per share, and closes on August 21, 2025. Post allotment, the company’s shares are expected to be listed on both the BSE and NSE on August 26, 2025.
Vikram Solar IPO Day 1 Subscription Status
Vikram Solar IPO witnessed a steady start on the first day, with an overall subscription of 1.57 times. Non-Institutional Investors led the demand at 3.99 times, followed by Retail Investors at 1.43 times. Qualified Institutional Buyers subscribed 0.02 times.
Investor Category
Subscription (x)
Qualified Institutional Buyers (QIB)
0.02
Non-Institutional Investors (NII)
3.99
bNII (above ₹10 lakh)
3.90
sNII (less than ₹10 lakh)
4.19
Retail Individual Investors (RII)
1.43
Employees
1.06
Total Subscriptions
1.57
Total Applications: 5,73,492
Total Bid Amount (₹ crores): 2,296
Objective of the Vikram Solar IPO
Vikram Solar Limited intends to utilize the net proceeds from the fresh issue towards funding capital expenditure for its Phase I and Phase II projects, along with meeting general corporate purposes.
Use of IPO Proceeds
Amount (₹ Cr)
Partial funding of capital expenditure for the Phase-I Project
769.73
Funding of capital expenditure for the Phase-II Project
595.21
General Corporate Purposes
–
Vikram Solar IPO GMP – Day 1 Update
The grey market premium (GMP) of Vikram Solar IPO is ₹47, as on 5:00 PM August 19, 2025. The upper limit of the price band is ₹332, and the estimated listing price as per today’s GMP can be ₹379, giving a potential gain of around 14.16% per share.
Date
GMP
Est. Listing Price
Gain
19-08-2025 (DAY 1)
₹47
₹379
14.16%
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.
Vikram Solar IPO – Key Details
Particulars
Details
IPO Opening Date
August 19, 2025
IPO Closing Date
August 21, 2025
Issue Price Band
₹315 to ₹332 per share
Total Issue Size
6,26,31,604 shares(aggregating up to ₹2,079.37 Cr)
Vikram Solar Limited is one of India’s largest solar photovoltaic (PV) module manufacturers, with over 17 years of industry experience. As of March 31, 2025, the company has an installed manufacturing capacity of 4.5 GW, strategically located in West Bengal and Tamil Nadu, and is expanding to 20.5 GW by FY 2027. Its product portfolio includes high-efficiency Mono-PERC, N-Type, and HJT solar modules, supported by strong R&D and global certifications. Vikram Solar also provides EPC and O&M services and exports to over 39 countries, serving marquee clients worldwide while maintaining a strong domestic presence.
Easy Steps to Apply for Vikram Solar IPO via Pocketful
Patel Retail Limited, a Maharashtra-based supermarket operator, has launched its ₹243 crore IPO, comprising a fresh issue and an offer for sale. The issue opens for subscription on August 19, 2025, at a price band of ₹237 to ₹255 per share, and closes on August 21, 2025. Following allotment, the company’s shares are set to be listed on both the BSE and NSE on August 26, 2025.
Patel Retail IPO Day 1 Subscription Status
Patel Retail IPO saw a strong response on the first day, with an overall subscription of 6.40 times. The issue was led by Qualified Institutional Buyers, who subscribed 9.86 times, followed by Non-Institutional Investors at 7.40 times and Retail Investors at 4.96 times. The employee quota was also fully subscribed at 3.26 times.
Investor Category
Subscription (x)
Qualified Institutional Buyers (QIB)
9.86
Non-Institutional Investors (NII)
7.40
bNII (above ₹10 lakh)
7.35
sNII (less than ₹10 lakh)
7.51
Retail Individual Investors (RII)
4.96
Employees
3.26
Total Subscriptions
6.40
Total Applications: 3,17,204
Total Bid Amount (in ₹ crore): 1,276
Objective of the Patel Retail IPO
Patel Retail Limited intends to utilize the net proceeds from the IPO towards repayment or prepayment of certain outstanding borrowings, meeting its working capital requirements, and for general corporate purposes.
Use of IPO Proceeds
Amount (₹ Cr)
Repayment/prepayment, in full or part, of certain borrowings availed of by the Company.
59
Funding of working capital requirements of the Company
115
General Corporate Purposes
–
Patel Retail IPO GMP – Day 1 Update
The grey market premium (GMP) of Patel Retail IPO is ₹46, as on 5:00 PM August 19, 2025. The upper limit of the price band is ₹255, and the estimated listing price as per today’s GMP can be ₹301, giving a potential gain of around 18.04% per share.
Date
GMP
Est. Listing Price
Gain
19-08-2025 (DAY 1)
₹46
₹301
18.04%
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.
Patel Retail Limited is a value-focused supermarket chain operating under the brand “Patel’s R Mart,” primarily in tier-III cities and suburban areas of Maharashtra. Incorporated in 2008, the company manages 43 stores with a retail area of about 1.79 lakh sq. ft., offering over 10,000 SKUs across food, FMCG, general merchandise, and apparel. It has also developed private label brands such as Patel Fresh, Indian Chaska, Blue Nation, and Patel Essentials. Through backward integration, Patel Retail operates modern processing and agri-processing facilities in Maharashtra and Gujarat, supporting retail, exports to over 35 countries, and bulk agri-commodity trading.
Easy Steps to Apply for Patel Retail IPO via Pocketful
There are many occasions in the stock market when we want to invest in a good stock, but lack of funds comes in the way. At such times “Pay Later” feature or the Margin Trading Facility (MTF) emerges as a smart option. This facility gives you the power to buy shares of higher value with less capital.
In this blog, we will understand what margin trading facility or Pay Later feature is and what are the steps to avail it, so that you can use this facility easily and safely.
What is a Margin Trading Facility (MTF)?
Margin Trading Facility (MTF) or “Pay Later” is a facility that gives you the freedom to buy shares of higher value with less capital. In this, you invest a part of your capital and the rest of the amount is financed by your broker – that is, you trade now using borrowed funds and pay the rest later with applicable interest.
For example, if you have ₹20,000, you can buy shares worth up to ₹1,00,000 through MTF (with 5 times margin). Your broker gives you a loan of up to ₹80,000, on which interest is applicable.
In cash trading, you have to pay the full amount immediately, while in MTF trading, you can take delivery by paying a partial amount and pay the rest later. This facility is regulated by SEBI and applies only to stocks that are included in the MTF-approved list. This facility is offered by many popular brokers like Pocketful, Zerodha, Upstox, Angel One, etc.
Pocketful makes this facility even easier as you get MTF at the cheapest interest rate in the industry, starting at just 5.99% per annum, along with up to 5 times margin. This gives both new and professional traders a chance to make big investments without worrying about lack of funds. MTF is a great tool if you understand the risk and are adept at the nuances of trading. But using it without planning can also be detrimental, so take every step wisely.
Deposit initial margin amount : In MTF, you don’t have to invest the entire investment amount. You only pay a part, say 20% or 25% upfront, which is called the initial margin.
Broker provides the rest of the funds : The remaining amount is funded by the broker. Some platforms give you a margin of up to 5 times, allowing you to take large positions with limited capital.
Shares purchased are pledged : The stocks purchased using MTF funds are pledged to the broker. The shares remain pledged until you make the full payment.
Interest rate applies : You have to pay a fixed interest on the amount financed by the broker . This interest varies on different platforms. Some brokers like Pocketful offer this facility at very low rates as low as 5.99% per annum.
MTF is available only on Selected Stocks : Not every stock can be bought using the MTF feature. This facility is available only on those stocks which are approved by SEBI and the exchange.
Timely payment is important : If you do not pay interest or margin on time, your holdings can be forcibly sold; this is called a margin call or auto square-off.
How to Avail Pay Later Facility?
You can avail the Pay Later facility by following the steps mentioned below:
Step 1: Open a trading account with a broker that offers MTF or Pay Later Facility
First, you need to choose a broker platform that offers an MTF facility. Today, many brokers like Zerodha, Angel One, Upstox, ICICI Direct, Groww, and Pocketful offer this service.
Step 2: Activate MTF facility
After opening the account, you have to fill a consent form to activate MTF. This process can be easily completed from the mobile app or web portal of most brokers.
Step 3: Fund your margin account
To use MTF, you have to deposit an initial margin amount. This amount can vary from one broker to another and the stock selected (usually equal to 20%–25% of the trade value).
Step 4: Select from MTF-approved stocks
Not every stock is eligible for MTF. You must trade only in stocks that are approved for MTF by SEBI and the broker. This list is available on your broker platform.
Step 5: Place an order by choosing “Margin” or “Pay Later” option
When you go to buy a stock, select “Margin” or “Pay Later” in the order type. This will activate funding by the broker for your trade and your amount will be automatically adjusted in the margin.
Step 6: Keep regular track of positions and interest
In MTF, you have to pay interest every day, so keep checking your portfolio, outstanding amount and margin status from time to time. If you do not make the payment on time, the broker can force the sale of stocks.
Key Benefits of Using MTF
Some of the benefits of using MTF are given below:
More buying power with less capital : The biggest advantage of MTF is your buying power increases. You can buy shares using up to 5x leverage, allowing you to cash in on big opportunities without delay.
Beneficial for short-term traders : If you do swing trading or short-term positional trading, then MTF is a useful tool for you. When there is a possibility of a sharp movement in a stock in the market and you have less funds, then this facility can be very useful.
Flexible repayment facility : You do not have to pay MTF charges every day. Many brokers give a time period of 30 to 90 days, so that you can comfortably hold the stocks and exit at the right time.
Facility to do new trade without selling other holdings : Suppose your funds are invested in some other stock but you want to do a new trade. In such a situation, MTF helps you, because you can do a new deal without selling your old holding.
Some of the risks and charges associated with using MTF or Pay Later facility are given below:
Interest has to be paid daily : In MTF, the broker lends you funds and the interest is charged daily. This rate may vary for different brokers.
Margin maintenance is a must : You are required to maintain a minimum margin in your account to keep your trade position active. If your margin falls below this level, you must replenish it immediately, or your broker may liquidate your position partially or fully to cover the shortfall, potentially locking in losses.
Risk of forced liquidation on margin shortfall : If you do not replenish the required margin, the broker can sell your holdings without your permission. This is called forced liquidation and can cause you huge losses.
Additional charges and penalties may also be levied : In MTF, apart from interest, there are other charges – such as pledge/unpledge fees, penalty if payment is not made on time, and sometimes account maintenance charges as well.
Every broker has a different charge structure : Interest and other charges vary by broker; some may have higher or hidden fees. Therefore, before availing MTF facility of any broker, read MTF policies.
Key factors to consider before using MTF or Pay Later feature is given below:
Understand the interest rate and potential returns : In MTF, you have to pay interest on the borrowed funds. If the profit from your trade is less than this interest, then there may be a loss. Therefore, before investing, estimate whether your expected return is able to exceed this interest or not.
Check approved stocks and leverage ratio : Every broker has a list of stocks on which MTF facility is available. Along with this, the amount of leverage you will get like 3x, 5x can also vary. So, check these terms before trading.
Assess your risk-taking ability : MTF is a high-risk facility, which is greatly affected by market fluctuations. If you are new or do not understand market movements properly, then it can be harmful for you. First ask yourself – are you ready to take such risks?
Actively monitor trades :Margin calls are a possibility in MTFs. If the market moves against you and you don’t pay attention, your holdings can be sold automatically. So it is very important to keep a constant eye on the trades.
Conclusion
Margin Trading Facility (MTF) is a powerful tool that allows investors to take larger positions with relatively less capital. However, it proves beneficial only when one has a clear understanding of its terms, risks, and associated costs. With competitive interest rates and improved platforms such as Pocketful, MTF has become more accessible and affordable. For investors who practice strong risk management and actively monitor their trades, MTF can serve as an effective means to enhance portfolio growth. It is advised to consult a financial advisor before investing or trading using MTF or Pay Later facility.
S.NO.
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Success in trading is not just luck; it comes with the right knowledge, which can be obtained from a good technical analysis book. In today’s era where the market makes new moves every day, it has become necessary for every trader to build a strong technical base. No matter how much YouTube and short courses teach, in-depth understanding is only gained from reading the best books for technical analysis.
In this article, we will talk about those technical analysis books which are considered to be the most effective in 2025 whether you are a beginner or a professional, these books can completely change your trading game.
10 Best Technical Analysis Books for Stock Market in 2025
Book Name
Author
Who Should Read It?
Key Highlights
Technical Analysis of the Financial Markets
John J. Murphy
Traders looking to build a strong technical foundation
Most comprehensive guide on indicators, trends, and chart patterns
Japanese Candlestick Charting Techniques
Steve Nison
Traders who want to master candlestick patterns
Original source of candlestick strategies with practical examples
Trading in the Zone
Mark Douglas
Traders who frequently make emotional or impulsive decisions
Deep dive into trading psychology and discipline
Technical Analysis Using Multiple Timeframes
Brian Shannon
Intraday and swing traders
Teaches how to analyze price action across multiple timeframes
The New Trading for a Living
Dr. Alexander Elder
Traders looking for a full system (entry, mindset, risk)
Combines Triple Screen system, risk management, and planning
Encyclopedia of Chart Patterns
Thomas Bulkowski
Pattern-focused traders and researchers
Over 65 chart patterns analyzed with real market data
Charting and Technical Analysis
Fred McAllen
New traders starting their technical journey
Basic concepts explained in simple, easy-to-understand language
Come Into My Trading Room
Dr. Alexander Elder
Traders aiming to approach trading professionally
Step-by-step guide on analysis, execution, and self-review
How to Make Money in Stocks (CAN SLIM)
William O’Neil
Traders who want to combine fundamentals and technicals
CAN SLIM strategy blending chart patterns with earnings, volume
The Art and Science of Technical Analysis
Adam Grimes
Traders interested in professional or quantitative analysis
Strong focus on data, stats, and realistic trading psychology
Brief Overview of the 10 Best Technical Analysis Books
A summary of the 10 best Technical Analysis Books has been given below:
1. Technical Analysis of the Financial Markets
This book is considered the most reliable guide in the world of technical analysis, often called the “Bible” of trading. John J. Murphy, a former CNBC technical analyst, has explained chart patterns, trend lines, indicators and market behavior in detail. The book is about 500 pages long and provides theory as well as a practical approach. Whether you do day trading or swing trading, it is useful for every trader. Information on computer-based charting tools and the latest technologies has also been added to it as of 2025. If you are looking for a technical analysis book that teaches everything from beginner to advanced, then this book is an excellent choice.
2. Japanese Candlestick Charting Techniques
If you want an in-depth understanding of candlestick patterns, then this book is best suited for you. Steve Nison is credited with popularizing candlestick charts in the western world. In this book, many popular patterns like Doji, Hammer, Engulfing are explained with explanation. Charts and real trading examples make it extremely practical. This book not only teaches individual patterns, but also explains how they can be combined with other indicators to create strong signals. Even in 2025, candlestick analysis is considered the most reliable for intraday and swing trading, and this book gives a strong foundation for the same.
3. Trading in the Zone
This book focuses on trading psychology rather than technical analysis, but is just as important. Mark Douglas explains that the biggest part of successful trading is your mental state, not strategy. Traders often make mistakes like fear of loss, overtrading or haste—this book teaches them to control them. Written in simple language, this book can completely change your way of thinking. In 2025, when markets are volatile, this book has become an essential guide to maintaining trading discipline.
4. Technical Analysis Using Multiple Timeframes
This book by Brian Shannon is especially for those traders who want to understand price action on different timeframes. It explains how to read the same stock or index in different ways on 15 minute, 1 hour and daily charts. This technique gives the trader better entry and exit points. The focus of the book is on price structure, trend analysis and volume. In 2025, when traders do multi-timeframe analysis on mobile or web charts, this book is a very practical and up-to-date guide.
5. The New Trading for a Living
This book by Dr. Elder teaches a complete trading system including analysis, entry, exit, money management, and psychology. It also includes his famous Triple Screen Trading System, which is still as relevant today. This book is especially for those who want to take trading seriously and work on the whole process, not just signals. It includes information on charts, indicators (such as MACD, EMA), and journaling. If you want to learn from a professional approach, then this can be considered the best book for trading discipline in 2025.
6. Encyclopedia of Chart Patterns
If you want to go deep into chart patterns, then this book is like a reference book for you. Thomas Bulkowski has statistically analyzed more than 65 chart patterns in it such as Head & Shoulders, Flags, Wedges, etc. Each pattern is accompanied by its success rate, failure chance, and performance data. This book is for those traders who want to make their analysis data-based. In 2025, where backtesting and quant-based analysis are growing rapidly, this book gives you a strong technical edge.
7. Charting and Technical Analysis
This book is for those who are just starting technical analysis and want to understand in simple language. Fred McAllen has explained chart patterns, support-resistance and basic indicators in a very easy way. The book is characterized by its simplicity, no heavy theory, just the essentials and their practical explanation. If you are learning technical analysis for the first time, and do not want the book to be cumbersome, then this is a great beginner’s guide. Even in 2025, this book is considered to be the easiest technical analysis book for beginners.
8. Come Into My Trading Room
This second book by Dr. Elder goes a step further than his first book. It not only provides technical analysis, but also a complete plan of how to take trading as a profession. The book gives guidelines like maintaining a diary, reviewing each trade, and identifying your mental tendencies. This book teaches to create a structured routine so that you can make trading a serious and regular process. In 2025, when shortcuts are causing more losses, this book gives ideas about long-term trading success.
9. How to Make Money in Stocks (CAN SLIM)
This book by William O’Neil is a combination of technical and fundamental, which is based on a strategy called CAN SLIM. It explains how to select stocks by combining earnings, market trends, and chart breakouts. This book is especially for those who want to do swing or positional trading and do not want to depend only on indicators. Many successful traders in India also follow this model. In 2025, when data-driven analysis is in trend, this book is considered to be an excellent trading analysis book.
10. The Art and Science of Technical Analysis
This book is for those traders who want to understand technical analysis from a professional and data-based perspective. Adam Grimes has explained emotional bias, probability, and chart patterns in a scientific way. This book is not for beginners but for those who want to go deeper into the market and learn logical decision-making. This book teaches you that technical analysis is not just drawing lines but a way of thinking. In the advanced trading environment of 2025, this book is extremely useful for long-term success.
Why Read Technical Analysis Books in 2025?
In today’s fast-paced trading world, information is everywhere, but deep and structured learning is rare. Technical analysis books provide a comprehensive, step-by-step approach that short videos and free PDFs often cannot offer.
YouTube and free PDFs cannot teach everything : Nowadays short videos and free content are available everywhere, but their biggest drawback is – lack of in-depth and systematic learning. Trading is not a game, it is a professional skill, which cannot be learned only with superficial knowledge.
Structured Learning : A good technical analysis book explains every concept to you in detail and in a correct order. This not only strengthens your foundation, but also develops logical thinking and discipline.
Reliable Information : When indicators deceive or the mind gets confused, then these books work as a reference guide for you like a trusted companion.
Complete knowledge in one place : Chart patterns, indicators, psychology, money management, strategies in-depth information on all these topics is available in one place, which is priceless for any serious trader.
These books are still relevant in 2025 : Even in today’s trading environment with AI and automated tools, books help in making decisions based on solid thinking and logic which is more important than any software.
Benefits of reading Technical Analysis Books
Various benefits of reading technical analysis books are given below:
Builds a strong base : When you start trading, charts, indicators and patterns seem quite complicated. A good technical analysis book helps you explain all these basic tools slowly and in easy language.
Beneficial in the long term : The better the knowledge, the lesser the risk. By reading the best book for stock market technical analysis, you learn to control losses in trading and maximize profits.
Ability to do your own analysis : Books do not let you depend on others. You can read the charts yourself and take your trading decisions yourself without tips.
How to choose the right Technical Analysis book?
Choosing the right book ensures that your learning is efficient and practical. You can follow the steps below to pick a book that truly matches your level and goals:
Identify your needs and level : If you are a beginner, choose a book that explains basic concepts and charts. If you are at the intermediate or pro level, a book with advanced strategies or indicators will be more helpful.
Check the author’s experience and background : It is better if the author whose book you are reading is a trader or market analyst himself. An author with real market experience talks about more practical and useful things.
Read reviews and ratings : The value of the book can be estimated by looking at the reviews of genuine readers on platforms like Amazon or Goodreads.
Updated and relevant content : The market is changing, so your book should also be updated. Choose a book with tools and strategies that are useful in today’s market rather than old theories.
Check the language and level of understanding : The language should be easy, especially if you like to read in Hindi. A book that explains complicated terms in an easy way is more effective.
For successful trading in the stock market, just knowing the indicators is not enough, the right mindset and strategy are equally important. This mindset is what you get from a good technical analysis book. The books mentioned above not only teach tools and chart patterns, but also help you understand how the market participants think. If you are really looking for the best book for trading, then choose a book according to your needs and experience and read it completely. Remember, every decision in the market is important and a good book can help you make better decisions at every step.
S.NO.
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Can you imagine starting an investment with as little as ₹10? If not, then let us introduce you to the world of penny stocks. These are shares of companies that trade at low prices, often between ₹10 to around ₹50. Because of their affordability, investors can buy a large number of shares with a small amount of money. However, they come with equally high risks, as their prices are extremely volatile and can swing sharply in a short time. In some cases, these companies manage a successful turnaround, and their stock prices soar, delivering extraordinary returns. Such stories attract investors searching for the next big opportunity.
In this blog, we will talk about some of the most famous penny stocks in India, but also highlight the risks you need to be aware of.
India’s Top 10 Most Famous Penny Stocks
Before we move forward let’s look at some key market information. This table gives you a quick snapshot of these companies’ stock price, market capitalization, etc. The companies are listed in the decreasing order of market capitalization.
Company Name
Current Market Price (in ₹)
Market capitalization (in ₹ crores)
52 Week High (in ₹)
52 Week Low (in ₹)
Suzlon Energy Ltd.
59.4
80,761
86
46
Vodafone Idea Ltd.
6.58
71,290
16.6
6.12
Yes Bank Ltd.
19.1
60,010
25
16
IRB Infrastructure Developers Ltd.
45.4
27,447
66.9
41
Reliance Power Ltd.
44.4
18,384
76.5
29.2
Trident Ltd.
28.1
14,340
40.2
23.1
Jaiprakash Power Ventures Ltd.
18.7
12,823
27.7
12.4
Alok Industries Ltd.
18.2
9,047
29.8
13.9
GTL Infrastructure Ltd.
1.51
1,934
2.92
1.22
Dish TV Ltd.
5.03
926
15.9
4.70
(Data as of 18 August 2025)
Note: The companies mentioned above may or may not be financially strong. This list is based on their popularity as well-known penny stocks in India and should not be taken as a recommendation to invest. The term “famous” here is subjective, as it reflects the attention these stocks receive among retail investors rather than their actual financial performance.
Overview of Most Famous Penny Stocks in India
An overview of the top 10 famous penny stocks in India are given below:
1. Suzlon Energy Ltd.
Suzlon Energy Ltd was a pioneer in India’s wind energy sector, a true world leader. But it grew too fast, took on massive debt, and was nearly blown away by financial troubles.
The company makes wind turbines and provides complete renewable energy solutions. In recent years, with a focus on reducing debt and a global push for green energy, Suzlon has shown signs of a comeback. It has become profitable in recent years, and its performance is improving.
Vodafone and Idea were two separate telecom giants. But then, a new player entered the market and started a fierce price war. To survive, these two giants merged to become Vodafone Idea (Vi).
Today, Vi is one of India’s leading telecom companies, providing telecom and other digital services to millions. However, the company is struggling with huge debt and has been losing customers. Its stock price is low, but its market cap is massive because of the huge number of shares in the market. For investors, Vi is a bet on survival and a potential turnaround in the ever growing Indian telecom market.
It was once a fast-growing private bank, but then it collapsed dramatically due to bad loans. To save the banking system from a shock, a group of other banks, led by the State Bank of India, came together to rescue it.
Yes Bank is a full-service commercial bank offering everything from savings accounts and credit cards to corporate loans. After the rescue, the new management has been working hard to clean up the past dues and rebuild trust. The stock is famous because millions of investors are watching, hoping to see this company rise again.
IRB Infrastructure Developers Ltd. Every time you drive on a smooth new highway, there’s a chance a company like IRB Infra built it. It is a major player in India’s highway development, using the Build Operate Transfer (BOT) model.
The company’s business is to build and manage road and highway projects across the country. This is a long-term, capital-intensive business, the company’s performance depends on getting more government contracts, managing toll collections, and handling its large debt. For investors, it’s a stake on the continued growth of India’s infrastructure.
5. Reliance Power Ltd.
With the “Reliance” name attached, this company was launched with grand ambitions to solve India’s power problems. It is part of one of India’s largest business groups.
Reliance Power develops and operates power projects using coal, gas, and hydro sources. However, the journey has been tough, with challenges related to debt and project execution. The stock is famous because of its brand name and the sheer scope of developments. Its future is tied to India’s growing energy sector and the company’s ability to manage its large scale operations.
Trident has a story of steady growth. The company has grown from a yarn manufacturer to a diversified business with interests in textiles, paper, and chemicals.
Trident is a leading global manufacturer of terry towels and also produces paper and yarn. While it is a relatively stable and well-run business, its low share price puts it among the famous penny stock for investors. It represents a different kind of opportunity for a smaller, growing company.
7. Jaiprakash Power Ventures Ltd.
JP Power is part of the Jaypee Group, a conglomerate deeply involved in building India’s infrastructure. Its story is linked to the country’s development journey, with all its ups and downs.
The company operates both hydro (water-based) and thermal (coal-based) power plants. JP Power is famous for having extremely high trading volumes, which means a huge number of small investors are buying and selling it every day. It’s a high risk and reward investment in the power sector.
8. Alok Industries Ltd.
Alok Industries was a huge name in the Indian textile industry. But like many large companies, it faced financial trouble and went into bankruptcy. Then came a powerful new owner, Reliance Industries.
The company is a diversified textile manufacturer, making everything from yarn to fabrics and home textiles. The story here is all about the turnaround potential under the management of one of India’s biggest and most successful companies. Investors are betting that Reliance can help in the fast revival of this company.
9. GTL Infrastructure Ltd.
You may not have heard of GTL Infra, but you have likely used its services. The company is part of the invisible backbone of our mobile communication network. It was a pioneer in the business of sharing telecom towers.
GTL Infra owns and manages thousands of telecom towers and leases them out to telecom operators like Airtel, Jio, and Vi, who place their equipment on them. The company’s performance is directly tied to the financial health of the telecom industry.
10. Dish TV India Ltd.
Dish TV was a pioneer, bringing satellite television into the homes of millions of Indians. It was India’s first DTH (Direct-to-Home) television service provider.
Today, the company is facing a new battle, the way we watch entertainment has changed and with the rise of OTT platforms like Netflix and Amazon Prime, new challenges are arising. Dish TV has been struggling with falling revenues and profits as it fights to stay relevant. It is a household name, which makes it famous, but its future is full of challenges.
Key Performance Indicators
Company Name
Basic EPS (in ₹)
Net Profit Margin (%)
ROE (%)
ROCE (%)
Suzlon Energy Ltd.
1.52
19.02
33.92
24.15
Vodafone Idea Ltd.
-4.01
-62.85
0.0
-1.98
YES Bank Ltd.
0.79
7.91
5.11
1.06
IRB Infrastructure Developers Ltd.
10.73
86.92
32.68
5.95
Reliance Power Ltd.
7.34
38.87
18.04
5.91
Trident Ltd.
0.73
5.30
8.00
10.23
Jaiprakash Power Ventures Ltd.
0.89
14.89
9.59
10.05
Alok Industries Ltd.
-1.64
-21.98
0.00
-5.40
GTL Infrastructure Ltd.
-0.67
-65.11
0.00
-0.97
Dish TV Ltd.
-2.53
-31.10
0.00
-3.61
(Data as of March 2025)
Advantages and Disadvantages
There are clear advantages of investing in penny stocks that attract people, but the disadvantages are just as significant.
Advantages
High Potential Returns : This is the biggest attraction, because the price is so low, even a small jump can mean huge profits. For example, if a stock moves from ₹2 to ₹4, you have doubled your money, a 100% return.
Low Entry Cost : You don’t need a lot of money to start. With just a few thousand rupees you can buy a large number of shares. This makes new investors feel empowered.
Disadvantages
High Volatility : The prices of these stocks can swing wildly. A stock can jump 50% in one day and fall 50% the next. The risk of losing your entire investment is very high.
Low Liquidity : This is a hidden danger “Liquidity” means how easily you can sell your shares. For many penny stocks, there are very few buyers. You might want to sell, but it might take a while to sell these stocks.
Lack of Information : These companies are often not covered by big financial analysts. This information gap can be used by scammers. A common scam is the “pump and dump,” where operators spread fake positive news to “pump” up the price, and when investors buy in, they “dump” their shares, causing the price to crash.
Key Factors to Consider before Investing in Penny Stocks
Before you even think about buying a penny stock, here is a simple checklist to follow.
Check the Company’s Financial Health : One should not only consider the stock price but also look at the basics such as, is the company making any profits, are there too many debts, are the sales growing. You should check the company details before investing.
Check the Trading Volume : Volume means the number of shares being traded each day. A stock with high volume (millions of shares traded) is generally easier to sell. A stock with very low volume is a red flag as they are less liquid.
Check the Management and Promoters : Who is running the company, do they have a good reputation in the market as per business. Also, check the promoter holding, if the original owners (promoters) are holding a large chunk of the company, it can be a sign of confidence. If they are selling their shares, it could be a warning sign.
Diversification is Important : All investors should consider this, never put all your money into one penny stock. Divide your investment across different types of assets to reduce your risk. If one goes down, the others might save you.
Penny stocks offer the dream of massive returns from a small investment, but the reality is that they might fail, and investors may lose money. It is crucial to understand that investing in penny stocks can be highly speculative. You may hear about good returns and the low prices might be tempting, but the risks are enormous.
Before you decide to buy any penny stock, do your own thorough research about the companies and remember diversification is important. Furthermore, it is advised to consult a financial advisor before investing in any stock.
S.NO.
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They are shares of companies that are very cheap but also very risky. They have the potential for big returns, but you could also lose all your money.
Can beginners invest in penny stocks?
Beginners should be extremely careful. Because these stocks are so volatile and risky, it’s very easy to lose money. It is generally advised that beginners shall start with more stable and well known companies before venturing into penny stocks.
How can I buy or trade penny stocks in India?
You can buy penny stocks just like any other stock through an online trading platform like Zerodha, Upstox, or Pocketful, using your Demat account.
Can Penny stocks rise rapidly?
Their growth can be very fast, sometimes doubling or tripling in a short period. However, their prices can also fall just as quickly. The growth is highly unpredictable and is never guaranteed.
Penny stocks shall be seen as long term or short term investments?
There is no fixed time limit. It depends on your investment strategy and risk tolerance. Some people trade them for the short term to profit from price swings, while others may hold them for the long term, hoping the company turns around. Because of the high risk, it’s important to monitor them constantly.
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