HGINFRA.NSE News

In this briefing: Vedanta (VEDL IN) Demerger: Index Implications (What Stays, What Goes, When & Size) Bagmane Prime Office REIT IPO: Lower Vacancy, Higher Yield Aequitas: Bagmane Prime Office REIT IPO - Stable Growth, Limited Yield Upside Primer: HG Infra Engineering Ltd (HGINFRA IN) - May 2026 HSIE Results Daily: Kotak Mahindra Bank, Avenue Supermarts, Bajaj FinServ, Jindal Steel 1. Vedanta (VEDL IN) Demerger: Index Implications (What Stays, What Goes, When & Size) Vedanta Ltd (VEDL IN) has demerged into 5 entities to unlock value through separate strategies and the removal of the holding company discount. Vedanta Ltd (VEDL IN) is a member of the global indices, NSE Nifty Next 50 Index (NIFTYJR INDEX) and the demerger has index implications. The timing of the listing of the demerged entities and the passive flows that follow will create trading opportunities. 2. Bagmane Prime Office REIT IPO: Lower Vacancy, Higher Yield Bagmane Prime Office REIT, India’s largest pure-play office REIT plans to raise INR 3,405 crore , backed by a 20.3 million sq. ft. and ~INR 40,264 crore Gross Asset Value.

In this briefing: Bagmane Prime Office REIT IPO: Lower Vacancy, Higher Yield Aequitas: Bagmane Prime Office REIT IPO - Stable Growth, Limited Yield Upside Primer: HG Infra Engineering Ltd (HGINFRA IN) - May 2026 HSIE Results Daily: Kotak Mahindra Bank, Avenue Supermarts, Bajaj FinServ, Jindal Steel PSP Projects Ltd - Strong Execution Momentum to Drive Revenue Growth 1. Bagmane Prime Office REIT IPO: Lower Vacancy, Higher Yield Bagmane Prime Office REIT, India’s largest pure-play office REIT plans to raise INR 3,405 crore , backed by a 20.3 million sq. ft. and ~INR 40,264 crore Gross Asset Value. The portfolio has 98.8% occupancy , 7.4-year lease tenure , 60+ tenants , and strong exposure to MNC and GCC tenants, supporting stable rental income. Backed by Bagmane Group’s strong development track record and 47.1 million sq. ft. ROFO pipeline , the REIT offers growth visibility, but remains Bengaluru-focused. 2. Aequitas: Bagmane Prime Office REIT IPO - Stable Growth, Limited Yield Upside Bagmane Prime Office REIT (BPO IN) plans to raise around US$360m in its India IPO, down from its earlier estimated size of US$440m.

In this briefing: Aequitas: Bagmane Prime Office REIT IPO - Stable Growth, Limited Yield Upside Primer: HG Infra Engineering Ltd (HGINFRA IN) - May 2026 HSIE Results Daily: Kotak Mahindra Bank, Avenue Supermarts, Bajaj FinServ, Jindal Steel PSP Projects Ltd - Strong Execution Momentum to Drive Revenue Growth Indiamart Intermesh Ltd - Weak Quarter; Growth Guidance Remains Intact 1. Aequitas: Bagmane Prime Office REIT IPO - Stable Growth, Limited Yield Upside Bagmane Prime Office REIT (BPO IN) plans to raise around US$360m in its India IPO, down from its earlier estimated size of US$440m. The primary portion has been cut to INR23.9bn (US$253m) from INR30bn (US$320m) while the secondary component remains unchanged at INR10bn (US$105m). The primary portion has been cut to INR23.9bn (US$253m) from INR30bn (US$320m) while the secondary component remains unchanged at INR10bn (US$105m). 2. Primer: HG Infra Engineering Ltd (HGINFRA IN) - May 2026 HG Infra Engineering is a well-established road-focused EPC and HAM project developer, poised to benefit from India's continued focus on infrastructure development.

In this briefing: Aequitas: VeriSilicon Microelectronics A/H Listing - Growth Picking up but at the Cost of Margins Aequitas: Softcare IPO Lockup - Shares Hovering Slightly over IPO Price Egypt (May 5th 2026) Primer: HG Infra Engineering Ltd (HGINFRA IN) - May 2026 ICTSI PM: Record Earnings on Inorganic Lift; DGT Margin Drag Near-Term; 1. Aequitas: VeriSilicon Microelectronics A/H Listing - Growth Picking up but at the Cost of Margins Verisilicon Microelectronics S (688521 CH) (VM), which offers custom silicon solution and semiconductor IP licensing services, aims to raise around US$1bn in its H-share listing. According to CIC, VM was the largest IP provider in the Chinese mainland and the eighth-largest globally in terms of IP revenue in 2025. In this note, we look at its past performance and other deal dynamics that might impact the listing. 2. Aequitas: Softcare IPO Lockup - Shares Hovering Slightly over IPO Price Softcare (2698 HK) raised US$307m in its Hong Kong IPO in November 2025, with the IPO being offered at a fixed price of HKD 26.20/share.

In this briefing: Macquarie Shares Poised For New Highs Primer: HG Infra Engineering Ltd (HGINFRA IN) - May 2026 ICTSI PM: Record Earnings on Inorganic Lift; DGT Margin Drag Near-Term; Sheng Siong (SSG SP): Record Q1FY26 Revenues Driven By Store Expansions SuperCom - Growing 40% at Potentially ~2x 2026 EBITDA 1. Macquarie Shares Poised For New Highs Macquarie Group shares are consolidating just below record highs after a strong rally above $230. Fairmont Equities' Michael Gable is preparing for a breakout above $240. 2. Primer: HG Infra Engineering Ltd (HGINFRA IN) - May 2026 HG Infra Engineering is a well-established road-focused EPC and HAM project developer, poised to benefit from India's continued focus on infrastructure development. The company has a strong track record of revenue and net income growth. The company is strategically diversifying its order book beyond its core roads and highways segment into railways, solar, and water infrastructure projects to mitigate concentration risk and capture new growth opportunities.

In this briefing: Aequitas: Softcare IPO Lockup - Shares Hovering Slightly over IPO Price Egypt (May 5th 2026) Primer: HG Infra Engineering Ltd (HGINFRA IN) - May 2026 ICTSI PM: Record Earnings on Inorganic Lift; DGT Margin Drag Near-Term; Pre-IPO Hai Robotics - Challenges Remain Despite Solid Business Model 1. Aequitas: Softcare IPO Lockup - Shares Hovering Slightly over IPO Price Softcare (2698 HK) raised US$307m in its Hong Kong IPO in November 2025, with the IPO being offered at a fixed price of HKD 26.20/share. It is an international hygiene product corporation engaged in the development, manufacturing and sales of baby and feminine hygiene products. In this note, we will talk about the lockup dynamics and possible placement. 2. Egypt (May 5th 2026) February’s remittances up 27 % m/m, that was before the war! Egypt reopened previous sovereign $ issuances and plans a samurai bond. The fate of the Pound tightly linked to oil ! 3. Primer: HG Infra Engineering Ltd (HGINFRA IN) - May 2026 HG Infra Engineering is a well-established road-focused EPC and HAM project developer, poised to benefit from India's continued focus on infrastructure development.

In this briefing: Primer: HG Infra Engineering Ltd (HGINFRA IN) - May 2026 ICTSI PM: Record Earnings on Inorganic Lift; DGT Margin Drag Near-Term; Pre-IPO Hai Robotics - Challenges Remain Despite Solid Business Model SuperCom - Growing 40% at Potentially ~2x 2026 EBITDA HSIE Results Daily: Kotak Mahindra Bank, Avenue Supermarts, Bajaj FinServ, Jindal Steel 1. Primer: HG Infra Engineering Ltd (HGINFRA IN) - May 2026 HG Infra Engineering is a well-established road-focused EPC and HAM project developer, poised to benefit from India's continued focus on infrastructure development. The company has a strong track record of revenue and net income growth. The company is strategically diversifying its order book beyond its core roads and highways segment into railways, solar, and water infrastructure projects to mitigate concentration risk and capture new growth opportunities. Despite robust top-line growth, the company has consistently generated negative operating and free cash flows over the last three years, a key concern for investors.

In this briefing: Primer: HG Infra Engineering Ltd (HGINFRA IN) - May 2026 HSIE Results Daily: Kotak Mahindra Bank, Avenue Supermarts, Bajaj FinServ, Jindal Steel PSP Projects Ltd - Strong Execution Momentum to Drive Revenue Growth Indiamart Intermesh Ltd - Weak Quarter; Growth Guidance Remains Intact National Aluminium Co Ltd (NALCO) - Largely Inline Q4; Rich Valuation Caps Material Upside 1. Primer: HG Infra Engineering Ltd (HGINFRA IN) - May 2026 HG Infra Engineering is a well-established road-focused EPC and HAM project developer, poised to benefit from India's continued focus on infrastructure development. The company has a strong track record of revenue and net income growth. The company is strategically diversifying its order book beyond its core roads and highways segment into railways, solar, and water infrastructure projects to mitigate concentration risk and capture new growth opportunities. Despite robust top-line growth, the company has consistently generated negative operating and free cash flows over the last three years, a key concern for investors.

In this briefing: Primer: HG Infra Engineering Ltd (HGINFRA IN) - May 2026 ICTSI PM: Record Earnings on Inorganic Lift; DGT Margin Drag Near-Term; Pre-IPO Hai Robotics - Challenges Remain Despite Solid Business Model EMCOR Group: Is $13.25 Billion In Backlog Enough To Justify The Growth Outlook? PSP Projects Ltd - Strong Execution Momentum to Drive Revenue Growth 1. Primer: HG Infra Engineering Ltd (HGINFRA IN) - May 2026 HG Infra Engineering is a well-established road-focused EPC and HAM project developer, poised to benefit from India's continued focus on infrastructure development. The company has a strong track record of revenue and net income growth. The company is strategically diversifying its order book beyond its core roads and highways segment into railways, solar, and water infrastructure projects to mitigate concentration risk and capture new growth opportunities. Despite robust top-line growth, the company has consistently generated negative operating and free cash flows over the last three years, a key concern for investors.