SEBI Registered Research Analyst with an MBA in Finance from IIM Indore. Passionate about simplifying the stock market, Ketan specializes in making complex financial concepts easy to understand for investors of all levels. With a strong background in market research and trading strategies, Ketan is committed to helping ... Read more
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shared an insight ⚡️ 20 hours ago
Gemini Edibles Submitted IPO Draft to SEBI
Gemini Edibles & Fats India (GEF), a Hyderabad-based company, has submitted its draft papers to the Securities and Exchange Board of India (Sebi) to raise capital through an initial public offering (IPO).
According to the draft red herring prospectus (DRHP) filed on August 21, the proposed IPO will comprise a complete offer-for-sale (OFS) of up to 4.11 crore equity shares by the company’s promoters and existing investors.
As part of the OFS, promoters Alka Chowdhry and Golden Agri International Enterprises Pte Ltd, along with investors Black River Food 2 Pte Ltd and Investment and Commercial Enterprise Pte Ltd, will sell a portion of their shareholding.
As part of the OFS, promoters Alka Chowdhry and Golden Agri International Enterprises Pte Ltd, along with investors Black River Food 2 Pte Ltd and Investment and Commercial Enterprise Pte Ltd, will sell a portion of their shareholding.
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shared an insight ⚡️ 22nd Aug
Is the Gold Rally Back or is a correction pending ?
Following a sharp sell-off in US long-term bonds and a dent in hopes of a US Fed rate hike amid renewed inflation concerns, the gold price saw a strong rebound last week. In the international market, the COMEX gold price today stands nearly 16% above its June 2026 low of $3,942 per ounce. In the domestic market, the MCX gold rate today stands at around ₹1,62,500 per 10 gm, nearly 17% higher than its June lows of nearly ₹1,40,000 per 10 gm. Looking at the USD-INR conversion, the Indian National Rupee (INR) settled at 95.71 against one US Dollar (USD) on Friday, about 1.20% below its July 2026 peak of 96.88.
it will be interesting to watch out if the rally persists or will we see a correction.
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shared an insight ⚡️ 22nd Aug
Update on some recent IPOs this week - august 2026
Several upcoming IPOs, including the Symbiotec Pharmalab IPO, Hy-Tech Engineers IPO, Skyways Air IPO, Annu Projects IPO, and Lumino Industries IPO, are set to hit the primary market in the coming days and are already drawing attention in the grey market ahead of their subscription opening.
The Skyways Air Services IPO will open for subscription on 24 August and close on 27 August. The price band has been fixed at ₹131– ₹138 per share. The IPO comprises a fresh issue of up to 2.89 crore equity shares and an offer-for-sale (OFS) of up to 1.33 crore shares by promoters and existing shareholders. The air freight forwarding and logistics company has also raised ₹174.5 crore from anchor investors ahead of its initial public offering.
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Ketan Mittal (SEBI RA) is a SEBI-registered Research Analyst with the SEBI Registration INH000018726. This ensures that their investment recommendations comply with SEBI's regulatory framework for investor protection and financial advisory standards.