Wealth Growth Path

Prachay Capital Limited, an RBI-registered Non-Banking Financial Company – Investment and Credit Company (NBFC-ICC), has officially listed its Secured, Rated, Redeemable Non-Convertible Debentures (NCDs) on the BSE Limited, unlocking new investment opportunities. The company successfully closed its public issue with an impressive 106% subscription, highlighting strong investor confidence. The issue, which opened on February 28, 2025, aimed to raise Rs 50 crore (excluding the greenshoe option) and closed on March 13, 2025. This landmark listing reinforces Prachay Capital’s commitment to providing stable, high-yield investment opportunities in the fixed-income sector, even amid volatile equity market conditions. The BBB-/Stable-rated NCDs by CRISIL, offering an attractive 13% per annum return with monthly interest payouts, present a compelling option for investors seeking secure fixed-income avenues. The listing event was graced by Ketan Jantre, Head of Trading Operations, BSE; Giri...

Prachay Capital Limited, an RBI-registered Non-Banking Financial Company – Investment and Credit Company (NBFC-ICC), has successfully closed its public issue of Secured, Rated, Redeemable Non-Convertible Debentures (NCDs) at 113.36% subscription, according to exchange data. The issue, which opened on February 28, 2025, on the Bombay Stock Exchange (BSE), aimed to raise Rs 50 crore (excluding the greenshoe option) and closed on March 13, 2025. With a BSE listing, this issue was open for subscription to retail investors, high-net-worth individuals (HNIs), institutional investors, and corporates. The maiden NCDs issue is scheduled to list on 24 March 2025.  Rated BBB-/Stable by CRISIL, these NCDs offer investors a 13% per annum return with monthly interest payouts, making them an attractive fixed-income opportunity. The proceeds will be deployed as per the company’s stated fund allocation plan. Fund Utilization: Minimum 75% for the purpose of onward lending, investments in current and...

This Women’s Day, FreshBus is celebrating the spirit of independence by making travel more affordable and accessible for female passengers. As a special initiative, FreshBus is offering Fresh Cards for free to women traveling on March 7th & 8th across all its routes. How to Avail the Offer? Women who book their tickets through the FreshBus website or app can enjoy this exclusive benefit. The Fresh Card provides a total savings of Rs 500, offerinRs 50 off on each of their next 10 rides, making intercity travel even more economical. What is the Fresh Card? Recently introduced by FreshBus, the Fresh Card is designed for frequent travelers, offering savings on every trip. With FreshBus rapidly expanding its network, the Fresh Card is set to become an even more valuable travel companion for regular commuters. A Commitment to Women’s Comfort & Safety Sudhakar Reddy Chirra, Founder & CEO , FreshBus, emphasized the company’s dedication to enhancing the travel experience for women: ...

Prachay Capital Limited, an RBI-registered Non-Banking Financial Company – Investment and Credit Company (NBFC-ICC), has announced the public issue of its Secured, Rated, Redeemable Non-Convertible Debentures (NCDs) to raise up to ₹100 Crore. The BBB-/Stable CRISIL-rated NCDs offer investors a 13% p.a. return with monthly interest payments, making it a fixed-income investment opportunity. The proceeds from this issue of NCDs will be primarily used for the stated fund utilization. Speaking about the issue, Mr Girish Murlidhar Lakhotiya, Managing Director, Prachay Capital Limited said: "This NCD issue is a key step in Prachay Capital’s expansion strategy. With our focus on structured corporate lending and investment in private debt instruments, we aim to generate strong and sustainable returns for our investors while maintaining a robust financial profile. Prachay Capital has zero delays in servicing liabilities and has Gross NPA of 0% on its Assets Under Management (AUM). The Compa...

  Country Delight continues strengthening its promise of delivering the best purity and quality by launching 100% Pure Farm Honey (NMR Tested) Country Delight, a trusted name in premium and natural essentials, has announced the launch of 100% Pure Farm Honey (NMR Tested). Country Delight’s Farm Honey is Nuclear Magnetic Resonance (NMR) tested by a certified lab in Germany, making it one of the most authentic and reliable kitchen ingredients available to Indian homes. It also undergoes rigorous testing on 36 quality parameters as per FSSAI standards, including physicochemical, antibiotic and microbial, to rule out the presence of added sugars. Honey is not just a natural sweetener; it is increasingly valued for its functional benefits. With Country Delight's NMR-tested honey, consumers can enjoy a product that supports wellness through its natural composition, which is rich in antioxidants and phytonutrients and offers advantages over refined sugars.  Adulteration with cheaper ...

  By Dr. Vikas Gupta, CEO and Chief Investment Strategist, OmniScience Capital In the intricate world of finance, wealth creation is a universal aspiration among investors, though few truly attain it. With a plethora of investment products, philosophies, and strategies available, the challenge is identifying an approach that not only offers returns but also minimizes risk. At OmniScience Capital, we believe the key to successful wealth creation lies in a scientific and disciplined investment strategy. Our unique offerings, rooted in the principles of Scientific Investing, are designed to help you achieve your financial goals with confidence. Pioneering Global Investing and Outperforming on Smallcase Platform OmniScience Capital, a global investment management firm specializing in global and Indian equities, is a pioneer in global investing and growth vectors such as Defense and Digital Transformation. Our strategies have consistently identified and capitalized on growth vectors tha...

Skydo, a leading cross border payments platform has received Payment Service Provider (PSP) approval from Amazon. This makes Skydo one of the first homegrown platforms to offer seamless international payments for lakhs of Indian exporters selling on Amazon global marketplaces. With this, exporters on Amazon can receive their international payouts through Skydo in a secure and cost-effective manner. Skydo is partnered with HDFC Bank and compliant with RBI regulations. Through their payment solutions, Skydo has already empowered over 10,000 Indian exporters to receive their international payments seamlessly. Amazon has recently announced plans to enable over USD 80 billion in cumulative e-commerce exports from India by 2030, quadrupling its earlier pledge of USD 20 billion by 2025. This highlights the robust demand for ‘Made in India’ products and the crucial role of payment service providers like Skydo in processing international payments for India’s rapidly growing exports. As part of ...

 Ice Make Refrigeration Limited, a leading name in India’s refrigeration industry, is proud to announce the launch of its latest product segments: Commercial Freezers, including Chest Freezers and Coolers, and Visi Coolers. This development represents a significant milestone in the company’s strategy to drive innovation, enhance market reach, and deliver energy-efficient solutions to diverse industries. The production of Chest Freezers and Coolers is set to begin on January 1, 2025, at the company’s fully automated manufacturing facility in Gujarat with a daily capacity of 200 units, amounting to 72,000 units annually. These products, ranging from 100 liters to 900 liters, include advanced features such as Hardtop Freezers (Convertible), Glass Top Freezers, and Combi Cooler & Freezers, designed to cater to varied customer needs. The newly introduced Visi Coolers will have an initial production capacity of 25 units per day, translating to approximately 8,000 units annually. Whil...

 By Aryan Prem Rana, Founder, VRIGHT PATH GROUP (www.vrightpath.com ) India, the world’s fastest-growing major economy, faces a challenging phase as GDP growth slows. The latest figures show Q2 growth dipping to 5.4%, the lowest in seven quarters. This decline comes as 63 of the Nifty 100 companies miss revenue estimates, raising concerns about underlying economic health. Growth Engines Sputtering The economic slowdown is most pronounced in key sectors: • Manufacturing growth has dropped to 2.2%, a sharp decline from last year’s 14.3%. • Urban consumption, a cornerstone of economic growth, is weakening. Industry stalwarts such as Reliance, HUL, and Maruti have seen market corrections of 15-23%. RBI’s Balanced Approach The Reserve Bank of India (RBI) has responded with measured policies, holding the repo rate steady at 6.5% for the eleventh consecutive meeting. This neutral policy stance balances inflation control with growth needs. In a key liquidity-boosting move, the RBI redu...

 The Indian mutual fund industry is on a remarkable growth trajectory, with assets under management (AUM) doubling over the past five years, growing from Rs. 22.26 lakh crore in 2019-20 to Rs. 67.09 lakh crore in October 2024. Predictions for the year point to sustained momentum, driven by rising retail participation, favorable market conditions, and robust inflows into equity mutual funds. Large-cap funds are expected to attract more interest as investors seek safer options amid market valuation concerns. Sectoral and thematic funds, focusing on high-growth industries like technology, healthcare, and renewable energy, are also anticipated to perform well, making mutual funds a key wealth creation tool for long-term investors. emphasizes the potential of these funds in achieving financial goals through disciplined investing.   The impressive growth of mutual funds over the last decade reflects the strength of the Indian market and wealth creation opportunities available f...

 Ice Make Refrigeration Limited (NSE: ICEMAKE), a leading innovator in cooling solutions and a prominent manufacturer of over 50 types of refrigeration equipment in India, has announced its financial results for the second quarter (Q2) of the fiscal year 2025, showcasing impressive growth and consistent performance across key financial metrics. Standalone Financial Performance The company reported a notable increase in revenue from operations, reaching ₹101.38 crores in Q2 FY2025. This represents a 21.88% jump compared to ₹83.17 crores in Q1 FY2025 and a significant 34% surge from ₹75.72 crores in Q2 FY2024. Total revenue also followed a similar upward trajectory, standing at ₹101.65 crores, up 21.89% quarter-on-quarter (QoQ) and 33.87% year-over-year (YoY). EBITDA for the quarter was recorded at ₹8.51 crores, marking an impressive 35.08% increase from ₹6.30 crores in the previous quarter and a 10.81% rise compared to ₹7.68 crores in Q2 FY2024. The EBITDA margin improved to 8.37%, ...

  Indian Metals & Ferro Alloys Ltd (IMFA), India’s leading fully integrated producer of ferro alloys, announced robust financial results for the second quarter of FY25, ending on September 30, 2024. Financial Performance Highlights For Q2 FY25, IMFA reported strong standalone financial results: Revenue : ₹691.92 crore EBITDA : ₹175.62 crore, with a margin of 25.38% Profit After Tax (PAT) : ₹132.73 crore, achieving an 18.6% PAT margin Earnings Per Share (EPS) : ₹24.60 (not annualized) Exports : ₹652.97 crore This strong performance underscores IMFA's improved margins and profitability compared to the previous quarter, driven by higher production levels and operational efficiencies. Key figures from the company's half-yearly (H1 FY25) performance also reflect IMFA’s resilience in a challenging market, with a PAT of ₹250.25 crore and revenue totaling ₹1,354.2 crore. Operational Highlights IMFA’s operational metrics for Q2 FY25 demonstrated growth and stability: Ferro Chrome Pr...

  By Dr. Vikas Gupta, CEO and Chief Investment Strategist, OmniScience Capital The Indian equity markets experienced a significant rally during Samvat 2080, with the Nifty rising approximately 25% by October 17, 2024. This growth was fueled by strong corporate earnings, improved GST collections, a revival in the Capex cycle, favorable monsoon conditions, and high domestic demand. Additionally, liquidity inflows from mutual funds and positive global cues contributed to market resilience. Globally, U.S. indices also posted gains of 27% to 35% during this period, reflecting a synchronized rally.  Key Growth Drivers:  Th key growth drivers for the Indian equity markets include consistent corporate earnings growth, which has bolstered investor confidence, and a revival in capital expenditure, particularly in infrastructure, enhancing growth prospects. High GST collections reflect strong consumption patterns and economic expansion, while a favorable monsoon has supported agricu...

  Over 1,000 industry experts, business leaders, and influencers gathered at the esteemed Sahara Star, Vile Parle, Mumbai, to celebrate the highly anticipated launch of Vision to Victory: Unleashing India's SME Platform, authored by renowned financial expert Ajay Thakur. This event held on 23rd October brought together luminaries from the financial and SME sectors, who lauded the book as a visionary blueprint for India’s economic growth through the empowerment of small and medium enterprises (SMEs).   Ajay Thakur wrote Vision to Victory to inspire and empower India’s small and medium enterprises (SMEs), drawing on his extensive experience, including establishing the BSE SME platform. Recognizing SMEs as vital to India’s economic growth and job creation, he aims to provide entrepreneurs with practical tools to unlock their potential and thrive in competitive markets. By sharing success stories and actionable strategies, Thakur seeks to highlight the transformative impact o...