Unlisted O'Rena - Pre-IPO & Unlisted Shares

14/03/2026

12/02/2026

NSE is likely to raise around *₹23,000 crore* through a *4–4.5% Offer for Sale* , broadly implying a valuation of approximately ₹5.1–₹5.75 lakh crore (₹23,000 ÷ 4%–4.5%). With nearly 247.5 crore outstanding shares, this translates into an expected price range of about ₹2,060–₹2,320 per share. Strong Q3 earnings growth and healthy margins have further strengthened positive sentiment ahead of the IPO. Based on ongoing investor discussions, there is an expectation of nearly 20–40% upside from current unlisted levels. For instance, if the issue price is around ₹2,060 and the stock delivers a 25% listing gain, the listing price could be close to *₹2,575 per share* .

Source:

National Stock Exchange of India prepares for IPO via Offer for Sale, targeting Rs 23000 crore, with DRHP filing expected by March or April.

15/01/2026

Groww AMC - State Street Deal : Key Highlights

Groww has sold a 23% stake in its mutual fund business to State Street Global Advisors for ₹580 crore, valuing Groww Mutual Fund at ~₹2,500 crore.

Key details:
• Deal split: ₹380 cr secondary sale to Groww shareholders + ₹200 cr primary infusion into the AMC
• Groww retains 77% majority ownership
• Groww had acquired the AMC from Indiabulls in 2023 for ₹175 cr — a sharp value re-rating in under 2 years

Why this matters:
• State Street brings deep expertise in quantitative & passive (index) investing
• Strengthens Groww AMC’s balance sheet and product depth
• Signals rising global interest in India’s fast-growing passive & ETF market

Context:
State Street manages $5.5 trillion AUM globally, ranking among the world’s largest asset managers — alongside BlackRock (Reliance JV), Fidelity, and Vanguard.

Takeaway:
India’s AMC space is maturing fast. Platforms with strong distribution + global partners are now commanding serious valuations.

Disclaimer: Unlisted O’Rena shares information on unlisted shares, pre-IPO, private equity, and private market investments strictly for educational purposes and does not offer investment advice or guaranteed returns.
Investments in unlisted securities involve risks and illiquidity; investors should conduct their own due diligence and consult SEBI-registered advisors before investing.

13/01/2026

https://www.moneycontrol.com/news/business/markets/metropolitan-stock-exchange-bse-nse-to-soon-have-a-new-rival-reports-cnbc-awaaz-13768818.html

09/01/2026

The *Metropolitan Stock Exchange of India (MSEI)* has launched a Liquidity Enhancement Scheme (LES) to improve liquidity and price efficiency in selected equity shares and all new mainboard IPOs listed on MSEI. Eligible market makers must be active trading members with a minimum net worth of ₹1 crore and are required to place continuous two-way quotes during market hours, maintaining *85%–90%* presence in the order book. They must quote minimum order values ranging from ₹50,000 to ₹1.5 lakh across five price levels and keep bid–ask spreads within 5 to 25 basis points.

In return, MSEI offers incentives of up to *₹40 crore per month and zero exchange transaction charges on eligible trades*. Performance is monitored daily, incentives are paid monthly, and penalties include ₹5 lakh deductions, loss of incentives for low presence, or suspension for repeated non-compliance. The scheme is valid until *30 June 2026.*

08/01/2026

📊 *HDFC Securities Limited – Investment Opportunity*

A high-quality, dividend-yielding *HDFC group* brokerage, combining stable cash flows with a *fast-scaling, low-risk* lending engine.

FY25 Financial Performance
* Total Income: *₹3,264 Cr (+23% YoY)*
* PAT: *₹1,125 Cr (+18% YoY)*
* ROE: ~*34%* | EPS: ~*₹638* | Dividend Yield : *5.6%*

Why this stands out 👇
– Interest income CAGR (FY22–25): ~*39%*
– Avg MTF book FY25: *₹7,285 Cr (+50% YoY)*
– Fully collateralised, ~*18–19% yields, low credit risk*

05/01/2026

Cheelizza Pizza’s Rights Issue was recently featured on Moneycontrol, highlighting its aggressive store expansion plans.

Cheelizza Pizza India Limited is a Mumbai-based pure-vegetarian QSR chain operating under the EatVeg multi-brand platform