Blogs, insights, guides and videos on India's unlisted market — all in one place.
In March 2024, Inox Clean Energy owned a single 50 MW wind project. Today it claims a 9.29 GW power portfolio, 6 GW of solar factories across India and the US, and a ₹71,000 crore price tag, all built in about 18 months through a debt-fuelled acquisition spree. We break down its business model, how it earns, where the money came from, who owns it and the risks before its ₹10,000 crore IPO.
Delhi-based medical simulator maker Maverick is raising ₹125 crore at ₹3,118 a share and buying its founder's Swiss surgical-simulator company, Voxel-Man, for ₹260 crore in shares. We break down the investors, the share count, the valuation and why simulation is a booming sector.
The UnlistedZone team went through Gujarat Fluorochemicals' Q1 FY27 earnings call and public data to decode GFCL EV, its battery materials business. We cover the product pipeline, the ₹100 crore quarterly revenue target, why the Oman project moved to India, and how China's LFP technology curbs and Indian cell makers' pullbacks affect local demand. We also look at the upcoming battery component PLI.
The TV in your living room might carry a famous logo, but there's a fair chance it was built in a Noida factory you've never heard of. Meet Ekkaa Electronics — backed by Sunil Singhania's Abakkus and Mukul Agrawal, growing at triple digits, and now headed for a ₹725 crore IPO. Here's the full story.
IGX just got a major regulatory approval that could change how gas is traded on the exchange. With its IPO plans in focus, this development could be worth watching closely.
A Ghaziabad company that builds sewer suction machines, road sweepers and anti-smog guns for municipal India just posted ₹63 crore in revenue and ₹5 crore in profit, and is now preparing for an SME IPO. Here's how Quality Enviro Engineers makes money, who runs it, what it's worth, and the catch hiding in its cash flow.
The Calcutta Stock Exchange hasn't hosted a single trade since 2013, yet it just reported a profit of ₹215 crore. We look at how a "zombie exchange" makes money, what its balance sheet is really hiding, and whether the 118-year-old institution will shut down for good or ring its opening bell again.
India's only gas exchange can now sell gas up to two years in advance. That could bring in large deals and much bigger volumes for IGX. But its earlier long-term contracts barely traded, so will buyers show up this time?
Almost every Indian adult has a story involving a squat bottle with a monk on the label. But the company behind Old Monk doesn't trade on any real exchange, increasingly lets other people bottle its rum, and grew profits 53% on revenue that moved just 7%. Here's how Mohan Meakin makes money — and what it's worth.
It sold one business for ₹276 crore and booked more profit from that single deal than from a full year of operations. Carrier India makes chillers, VRF systems and room ACs — but 57% of its revenue is simply imported and resold. Here's what that does to the margins.
MSE's Electronic Bond Platform just handled a tokenised corporate bond under SEBI's Demat 2.0 pilot. For shareholders, the exciting part isn't the blockchain — it's the balance sheet. Because MSE has held this exact licence since 2016 and done almost nothing with it, and the reason why has nothing to do with technology.
Indicative prices, company research and your enquiries — in your pocket. Get price notes on the names you follow and reach our team from anywhere.
