GMPRADAR

Company: OYO (Oravel Stays Limited) ; Planned IPO Filing: Expected Nov 2025 / Q1 2026 ; Target Valuation: US$7-8 billion (~₹60-70 k crore) ; Fresh issue + OFS to be announced ; Listing: NSE / BSE Mainboard Introduction For years, OYO has been one of the most talked-about start-ups in India’s hospitality and travel tech ecosystem. Its journey from a budget-hotel aggregator to a global hospitality brand has seen many ups and downs, and now the company is gearing up for its much-anticipated initial public offering (IPO). According to recent reports, OYO is preparing to file its DRHP in November 2025 with a target valuation of US$7-8 billion. However, it's not just the size of the IPO that matters—it’s the story behind it: a transition from losses to profitability, building scale across geographies, and reasserting itself in a post-COVID world of travel and lodging. For IPO investors this means understanding both the promise and the risks of OYO’s listing journey. OYO at a ...

Company: Groww ( Billionbrains Garage Ventures Ltd ); DRHP Filed: 16 September 2025; Proposed IPO Size: ~₹7,000 Cr; Fresh Issue: ₹1,060 Cr; OFS Shares: ~57,41,90,754; Price Band: TBA; Listing: NSE / BSE (Mainboard) Introduction Groww, one of India’s leading digital investment platforms , has taken a landmark step toward going public by filing an updated ** DRHP with SEBI ** on 16 September 2025. :contentReference[oaicite:0]{index=0} This move positions Groww to become one of the marquee fintech IPOs of recent times—especially significant because it is transitioning its legal domicile back to India from the U.S. In this post, we dig into what the DRHP reveals so far: the IPO structure, valuation, business metrics, risks & rewards, SWOT, and what IPO investors should closely monitor. Groww at a Glance Groww (operated by Billionbrains Garage Ventures Ltd) is an online investment, trading, and fintech platform. It offers retail users access to **equities, mutual ...

RHI Magnesita India Ltd — Institutional Investment Analysis (FY 2025) RHI Magnesita India Ltd is India’s market leader in refractory products serving the steel, cement, and industrial sectors. With access to global R&D from its parent group, the company has built a durable technological moat. However, working-capital intensity and moderate returns on invested capital remain key watchpoints for investors in FY 2025. 📈 Financial Overview (FY 2020–2025) Revenue Growth: Mid-to-high single-digit CAGR over five years; driven by volume expansion and premium product mix. EBITDA Margins: Improved materially from pandemic lows; sustained through cost optimization and high-value product shift. Working Capital Days: Increased from ~70 to 130+ days — a drag on cash conversion. ROE / ROCE: 8–10 %, below global industrial peers; scope for improvement via better capital discipline. Leverage: Moderate; net-debt/EBITDA remains manageable despite elevated capex. ...