🧬 Interested in pharma, biotech and medical device news? Visit PharmaDeviceNews.com →
Browsing Tag

National Stock Exchange of India

193 posts
Read More

Rays of Belief opens Rs 125cr IPO as 319-centre expansion puts profitability under scrutiny

Rays of Belief is seeking a roughly ₹500 crore valuation as it prepares to expand the Mom’s Belief neurodevelopmental-care network from 136 to 455 centres. Revenue more than doubled in FY26, but profit declined, leaving investors to decide whether the 319-centre expansion can create enough operating leverage to support a post-issue earnings multiple of about 101 times.
Read More

Jio Platforms clears SEBI hurdle for potential record IPO as Rs 27,500cr debt payoff reshapes Reliance valuation

Jio Platforms has received SEBI’s observation letter for an IPO that could become India’s largest. The all-fresh-share structure could direct up to ₹27,500 crore toward Reliance Jio Infocomm debt, making balance-sheet improvement and independent price discovery more important than promoter monetisation.