IPO Investor Academy
February 10, 2025 at 03:23 AM
*OPENING BELL* Date: 10-Feb-2025 📍 *Order Wins* - *BHEL* secures an ₹8,000 crore order from *MAHAGENCO* for Koradi Thermal Power Station. - *Western Carriers* wins a ₹1,089 crore multimodal logistics contract from *Vedanta Ltd.* for transportation services. - *BEL* bags a ₹962 crore order from the *Indian Navy* for the Electro-Optic Fire Control System. - *IRCON* wins a ₹194.5 crore order for tower installation under the *Kavach* project for *Central Railway*. - *Teerth Gopicon* receives a 39.4 MW solar power plant order from *Jaipur Vidyut Vitaran Nigam*. - *Va Tech Wabag* wins a ₹3,251 crore order for the *Al Haer Sewage Treatment Plant* in *Saudi Arabia*. - *BHEL & Hitachi Energy* consortium awarded a ₹3,251 crore HVDC link project for renewable energy transmission. - *Meson Valves* receives a ₹10.5 crore order for remote-control valves from a *Canadian company*. --- 📍 *Acquisitions* - *Gokaldas Exports* acquires 9.37 crore shares and 1.58 crore convertible shares of *BRFL Textiles* for ₹67.74 crore. - *Zaggle Prepaid* acquires a 16.67% stake in *Mobileware Technologies* for digital payment innovation. - *Western Carriers* develops land near *Morbi*, *Gujarat* for container storage, railway yard, and cargo terminal. --- 📍 *Leadership Changes* - *Gujarat Gas* appoints *Pankaj Joshi* as Chairman & Additional Director, effective Feb 7, 2025. - *Delhivery* appoints *Namita Thapar* as Independent Director. --- 📍 *New Projects* - *Jupiter Life* receives approvals for a new hospital in *Pune*, with construction starting in March 2024. - *Kross* sets up a seamless tube plant in *Jharkhand* (1.2 lakh tons) with a ₹167 crore investment. - *Waaree Energies* commences commercial production at its solar cell facility in *Gujarat*. - *Exxaro Tiles* announces a ₹15 crore investment for a 4.2 MW solar project at *Padra*. - *Brainbees Solutions* invests ₹299.6 crore in *Digital Age Retail Pvt. Ltd.* - *Sat Kartar* invests ₹30 lakh in *Plantomed Neutraceuticals Pvt. Ltd.* - *Kaynes Technology* invests ₹16.5 crore in subsidiary *Kaynes Holding* for business expansion. --- 📍 *Miscellaneous* - *Max Estates* invests ₹42.2 crore in *Max Estates Noida*, reducing shareholding from 100% to 60%. - *Allied Blenders* wins a court ruling, retaining the "Mansion House" and "Savoy Club" trademarks. - *Apollo Sindoori Hotels* infuses ₹7 crore for expansion of the Olive Plus Twist Avenues restaurant. - *Onyx Biotec* receives a ₹6 crore order from *Mankind Pharma’s* subsidiary for dry powder injections. - *Goa Carbon* resumes operations at its Bilaspur unit, production is now normalized. - *Route Mobile* announces that *Guillaume Boutin* will leave *Proximus Group* to join *Vodafone*. - *Reliance Infra* settles a dispute with *CLE*, acquiring assets worth ₹5,777 crore. - *Xpro India* provides a corporate guarantee of €24 million (₹220 crore) for *Xpro Dielectric Films FZ-LLC*, alongside a ₹60 crore investment. --- 📍 *Fundraising* - *NHC Foods* Board to meet on Feb 12 for equity fundraising discussions. --- 📍 *Regulatory Updates* - *MTNL* and *BSNL* receive a ₹6,000 crore boost for 4G network expansion.

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