03 Jan, 2026,

Why a Company with 100+ Patents is Struggling with Cash Flow

The curious case of Spray Engineering Devices Limited Here's something that doesn't make sense at first glance. You have a company with over 100 patents. It's working with India's biggest business h...

03 Jan, 2026,

123 1

01 Jan, 2026,

84 2

Edelweiss–WestBridge Deal: Smart Monetisation or Expensive Bet?

Edelweiss Financial Services has sold 10% of Edelweiss Asset Management (AMC) to WestBridge Capital, as part of a larger transaction that values the AMC at ~₹3,000 crore. WestBridge will eventually acquire up to 15% for ₹450 crore, with the remaining stake to be transferred by March 2026. The real question: Is this valuation justified given Edelweiss AMC’s AUM and profitability? What exactly hap...

01 Jan, 2026,

84 2

30 Dec, 2025,

144 1

Ambadi Investments Explained: Why This Company’s Profits Look Unreal B...

If you looked at Ambadi Investments Limited’s financials for the first time, you’d probably do a double take. Net profit margins above 300%.Profits that are several times higher than revenue. At first glance, it looks absurd. But once you understand what kind of company Ambadi really is, the numbers start making perfect sense. Let’s break it down — UnlistedZone style. First, what does Ambadi...

30 Dec, 2025,

144 1

27 Dec, 2025,

558 2

Zepto’s IPO Moment: Explosive Growth, Even Bigger Losses

What happened? Quick commerce unicorn Zepto just dropped a blockbuster (and slightly scary) set of numbers. In FY25, Zepto’s revenue more than doubled to ₹9,668.8 crore, growing 129% year-on-year from ₹4,223.9 crore in FY24. That makes it one of the fastest-growing consumer internet companies in India. But there’s a flip side. Its net losses ballooned 177% to ₹3,367.3 crore, up from ₹1,214.7 c...

27 Dec, 2025,

558 2

26 Dec, 2025,

129 3

Kanara Consumer Products Limited – Merger Analysis

Overview Kanara Consumer Products Limited (formerly known as Kurlon Limited) is conducting an ExtraOrdinary General Meeting on January 20, 2026, to approve a merger of its two wholly-owned subsidiaries into the parent company. Why the Merger is Happening Strategic Rationale 1. Post-Kurlon Brand Sale Repositioning After selling the iconic ‘KURLON’ brand, Kanara Consumer Products has been activ...

26 Dec, 2025,

129 3

24 Dec, 2025,

2484 6

SEBI Nods to ESDS, Shareholders Back OYO — Profitable Scale Is Driving...

India’s IPO market isn’t reopening because sentiment improved. It’s reopening because profits returned. Two very different companies — ESDS Software Solutions and OYO (via parent Prism) — just crossed critical IPO checkpoints: SEBI approval for ESDS’s ₹720 Cr IPO Shareholder approval for Prism to raise ₹6,650 Cr via OYO’s IPO Different sectors. Different histories. One common threa...

24 Dec, 2025,

2484 6

23 Dec, 2025,

156 2

IKF Finance’s Equity Issuance Signals Next Growth Phase

IKF Finance Limited, a fast-growing NBFC focused on rural and semi-urban India, recently witnessed a major equity transaction involving private equity major Creador (via Rajadhiraja Ltd.). This is not a routine share transfer—it signals a strategic ownership reset at a time when IKF’s balance sheet and profitability are scaling rapidly. The Big News: Equity Issuance & Ownership Change Nov 2025IK...

23 Dec, 2025,

156 2

23 Dec, 2025,

173 2

₹150 Cr, a rare plasma plant, and global ambitions: PlasmaGen’s big le...

Bengaluru-based PlasmaGen Biosciences has raised ₹150 crore in a minority equity round led by ViNS Bioproducts, valuing the company at ₹1,500+ crore. First, the backstory PlasmaGen Biosciences, founded in 2010, operates in a niche but critical segment—blood plasma–derived therapeutics. These are life-saving products used to treat immune deficiencies, bleeding disorders, and other serious conditi...

23 Dec, 2025,

173 2

19 Dec, 2025,

579 4

Bira 91: How India’s Coolest Beer Brand Went Flat

The story of Ankur Jain, unchecked ambition, and ₹2,100 crores in losses A) The Context Picture this: It’s 2017. You walk into a Bangalore brewpub. Everyone’s drinking the same beer—white bottle, gold monkey logo. Bira 91. The “cool” beer. The “Imagined in India” beer. Fast forward to December 2025. That same brand? Dead. The founder? Forced out. The employees? Unpaid for 5 months. The investo...

19 Dec, 2025,

579 4

19 Dec, 2025,

155 1

Arohan Financial Services is gearing up for an IPO — but the numbers t...

Aavishkaar Group-backed Arohan Financial Services, one of India’s largest microfinance lenders, is planning to go public in the next 12–15 months, likely by FY27. The update came from Vineet Rai, Founder and Chairman of Aavishkaar Group. On the surface, it looks like a classic microfinance IPO: deep rural reach, a strong women borrower base, and credible long-term investors like ASK Financial Hol...

19 Dec, 2025,

155 1