Market Bizzz

BSE is gaining ground in India’s derivatives market after SEBI’s crackdown reshaped weekly expiries. By shifting its contracts to Thursdays, the 150-year-old exchange has captured traders’ attention, challenging NSE’s long-held dominance. While liquidity hurdles remain, BSE’s rising turnover on expiry days signals a shift in market dynamics that could redefine competition in derivatives trading.

Trualt Bioenergy launches its IPO today, closing on September 29. The IPO price is between Rs 472 and Rs 496 per share. The company aims to raise Rs 839.28 crore through fresh issue and OFS. The IPO proceeds will fund expansion and working capital. The shares will be listed on NSE and BSE on October 3.

Jinkushal Industries, India’s leading non-OEM construction machinery exporter, is set to launch its Rs 116 crore IPO on September 25, with a price band of Rs 115-121 per share. The IPO has garnered significant grey market interest, and Anand Rathi Research recommends a ‘Subscribe – Long Term’ rating, citing the company’s strategic shift towards its HexL brand.

JD Cables, a Howrah-based manufacturer, will launch on the BSE SME platform. The IPO saw strong investor interest, subscribing 127.8 times. The IPO price was finalized at Rs 152 per share. Grey market activity indicates a premium. Retail investors, QIBs, and NIIs showed significant demand. The company will use IPO proceeds for working capital and debt repayment.

Systematic Industries is set to launch its Initial Public Offering (IPO) of Rupees 116 crore on Wednesday. The IPO includes a fresh issue and an offer-for-sale. The price band is fixed between Rupees 185 and 195 per share. The IPO will close on September 26. Shares are scheduled to list on BSE SME on October 1.

Praruh Technologies Limited is set to launch its IPO on September 24. The IPO aims to raise Rs 23.5 crore. The issue will close on September 26, with listing on BSE SME expected on October 1. The price band is fixed at Rs 60-63 per share. Funds will be used for debt repayment, acquisitions, working capital, and general corporate needs.

Justo Realfintech is set to launch its Rs 63 crore IPO on September 2026, aiming for a BSE SME listing on October 1. The company, a full-service real estate mandate firm, plans to utilize the IPO proceeds for working capital, IT infrastructure, and debt repayment. With strong financial growth, Justo Realfintech has facilitated sales of over 11,250 housing units.

Tata Consultancy Services (TCS) will convene a Board of Directors meeting on October 9, 2025, to approve the financial results for the second quarter and half-year ending September 30, 2025. The board will consider a second interim dividend for shareholders, with October 15 set as the record date.

Aptus Pharma is set to launch its IPO on Tuesday. The company aims to raise Rs 13.02 crore through a fresh issue. The IPO price is fixed between Rs 65 and Rs 70 per share. The IPO will be listed on BSE SME platform. The company will use the funds for capital expenditure and working capital requirements.

It is an uptrend signal if the RSI value has crossed above 50 from below. “RSI trending up” means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the stock’s price.