IPO Update: Supriya Lifescience Limited

Company Introduction: Supriya Lifescience has evolved into one of the key chemical manufacturers and suppliers of active pharmaceutical ingredients (APIs). Over the last three years, the company has posted strong financial performance. Its revenue and profit have risen steadily, aided by growth in domestic and export pharma markets. This API manufacturer is now all set to launch its ₹700 crore IPO and list on the exchanges.

IPO Update: C.E. Info Systems Limited (MapMyIndia)

Company Introduction: In 1995, a US-returned techie started a then impossible journey of mapping entire India. This was ten years before the launch of Google maps! Today, the company founded by Rakesh Verma and Rashmi Verma provides digital maps and location-based IoT (Internet of things) technologies to some of the biggest companies in India. Under the ‘MapmyIndia’ brand, its digital maps cover 98.5% of Indian roads. It runs a profitable business and has low variable costs. Even the government of India uses its mapping services for the CoWIN App. 

IPO Update: Tega Industries

Company Introduction: Tega Industries (Tega) manufactures components of mining equipment. These components are used across different stages of mineral ore processing. Tega Industries manufactures specialized mining equipment components such as grinding mill-liners, chutes, pump parts, conveyors belts, etc. which are used in mineral processing. These components are critical to Tega’s clients as they not only help to improve operational efficiency of the mineral processing but also reduce the production downtime.