findocblog

Blog

  • Meesho IPO: Key Details, Share Price, and Allotment Status

    Meesho IPO: Key Details, Share Price, and Allotment Status

    The Indian e-commerce landscape is set to witness a significant event as Meesho, a leading value-focused marketplace, announces its Initial Public Offering (IPO). This much-anticipated move involves a substantial issue size, combining a fresh issue of shares with an offer for sale (OFS) from existing investors. For those tracking market developments, the Meesho IPO presents a noteworthy opportunity to observe the public debut of a major tech player that has reshaped online retail in smaller Indian cities and towns.

    This guide provides a comprehensive overview of the Meesho IPO, covering all essential information from the issue size and price band to the allotment timeline and company financials.

    All You Need to Know About the Meesho IPO

    Meesho IPO: Key Details, Share Price, and Allotment Status

    The Meesho IPO is a book-built issue with a total size of ₹5,421.20 crores. It consists of a fresh issue of 38.29 crore shares, which amounts to ₹4,250.00 crores, and an offer for sale of 10.55 crore shares, valued at ₹1,171.20 crores. This public offering will be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

    Here are the core details of the offering:

    • IPO Open Date: December 3, 2025
    • IPO Close Date: December 5, 2025
    • Price Band: ₹105 to ₹111 per share
    • Lot Size: 135 Shares
    • Minimum Investment (Retail): ₹14,985 (at the upper price band)
    • Face Value: ₹1 per share

    Meesho IPO Timeline: Mark Your Calendar

    Staying updated with the IPO timeline is crucial for any potential investor. Below is the tentative schedule for the Meesho public offering.

    Event Date
    IPO Opening Wednesday, December 3, 2025
    IPO Closing Friday, December 5, 2025
    Basis of Allotment Finalization Monday, December 8, 2025
    Initiation of Refunds Tuesday, December 9, 2025
    Credit of Shares to Demat Account Tuesday, December 9, 2025
    Tentative Listing Date Wednesday, December 10, 2025
    UPI Mandate Confirmation Cut-off 5:00 PM on December 5, 2025

    Share Allotment and Reservation Structure

    The IPO has a specific reservation structure for different investor categories to ensure fair distribution.

    • Qualified Institutional Buyers (QIB): Not less than 75% of the offer
    • Non-Institutional Investors (NII / HNI): Not more than 15% of the offer
    • Retail Individual Investors (RII): Not more than 10% of the offer

    Understanding Meesho’s Business and Financials

    Founded in 2015, Meesho Ltd has established itself as a multi-sided technology platform that connects consumers, sellers, logistics partners, and content creators. The company operates a value-focused e-commerce marketplace that enables sellers to reach a wide consumer base with a diverse range of affordable products. Meesho’s zero-commission model for sellers has been a key differentiator, helping reduce operational costs and allowing for competitive pricing.

    The company’s asset-light business model means it does not hold inventory or own logistics assets, making it capital-efficient. Its technology-driven approach, incorporating AI and machine learning, enhances user experience through personalization, efficient logistics via its Valmo network, and data-driven business insights.

    A Glimpse into Meesho’s Financial Performance

    While Meesho has demonstrated strong revenue growth, it remains a loss-making entity. Understanding the company’s financial health is important for evaluating its market position.

    (Figures in ₹ Crore)

    Period Ended 31 Mar 2025 31 Mar 2024
    Total Income 9,900.90 7,859.24
    Profit After Tax (PAT) (3,941.71) (327.64)
    Total Assets 7,226.09 4,160.99
    Net Worth 1,561.88 2,301.64
    Findoc Official WhatsApp Channel

    Note: The significant increase in losses for FY25 is partly attributed to one-time costs associated with shifting the company’s headquarters.

    Objectives of the IPO Issue

    The net proceeds from the fresh issue will be utilized to strengthen the company’s strategic position and fund its growth initiatives. The primary objectives are:

    1. Cloud Infrastructure Investment: ₹1,390 crores to be invested in its subsidiary, MTPL, for enhancing cloud infrastructure.
    2. AI and Technology Development: ₹480 crores for salaries of AI, machine learning, and technology teams.
    3. Marketing and Brand Initiatives: ₹1,020 crores for marketing and brand-building efforts.
    4. Inorganic Growth and General Corporate Purposes: Funding acquisitions, strategic initiatives, and other corporate needs.

    How to Check Your Meesho IPO Allotment Status

    Once the basis of allotment is finalized on December 8, 2025, you can check your allotment status through the registrar’s website or the stock exchange portals. Kfin Technologies Ltd. is the official registrar for this IPO.

    To check the status:

    1. Visit the Kfin Technologies IPO status page.
    2. Select “Meesho IPO” from the dropdown menu.
    3. Enter your Application Number, Demat Account number, or PAN.
    4. Complete the captcha and click “Submit.”

    The status will indicate whether you have been allotted shares. If not, the refund process will begin on December 9, 2025.

    Conclusion

    The Meesho IPO is a major event in the Indian stock market, reflecting the growth story of the country’s e-commerce sector, particularly in value-focused retail. With a strong brand presence and a unique business model, the company aims to leverage the public markets to fuel its next phase of expansion. Investors should carefully review the company’s financials, objectives, and market risks before making any decisions. As with any IPO, it is essential to stay informed about all developments related to the allotment and listing.

    Frequently Asked Questions

    The total issue size of the Meesho IPO is ₹5,421.20 crores, including a fresh issue of ₹4,250 crores and an offer for sale (OFS) of ₹1,171.20 crores.

    The IPO will be open for subscription from December 3, 2025, to December 5, 2025. The tentative listing date on the BSE and NSE is December 10, 2025.

    The price band is ₹105 to ₹111 per share. The minimum investment for retail investors is one lot of 135 shares, amounting to ₹14,985 at the upper price band.

    You can apply via your brokerage account using UPI or ASBA payment methods. A valid Demat account is required to participate in the IPO.

    The promoters of Meesho are its co-founders, Vidit Aatrey and Sanjeev Kumar.

    No. Meesho is currently loss-making and reported a loss after tax of ₹3,941.71 crores for the financial year ending March 31, 2025.

    You can check the allotment status on the registrar’s website, Kfin Technologies Ltd., or on the BSE and NSE websites after the allotment is finalized on December 8, 2025.

  • How Tier-2 & 3 Cities Are Becoming India’s New Investor Hub

    How Tier-2 & 3 Cities Are Becoming India’s New Investor Hub

    For a long time, India’s growth story was centered around its major metropolitan hubs—cities like Mumbai, Delhi, and Bengaluru. They were the undisputed stars for big businesses, ambitious startups, and investors. But a quiet revolution is taking place. The spotlight is now shifting to India’s smaller cities, and they are quickly becoming the new engines of economic progress.

    This blog post explores how Tier-2 and Tier-3 cities are transforming into India’s new investment hotspots. We will look at what’s driving this exciting change, which cities are leading the charge, and why this is a golden opportunity for businesses and investors alike.

    First, What Are Tier-2 and Tier-3 Cities?

    Let’s get the basics right. The Indian government classifies cities based on their population.

    • Tier-1 Cities: These are the big metropolitan centers with large populations, like Mumbai, Delhi, and Bengaluru. They have the most developed infrastructure and economies.
    • Tier-2 Cities: These are the next level of large cities, with populations between one to five million. Think of places like Visakhapatnam, Kochi, and Raipur. They are growing rapidly and showing immense economic potential.
    • Tier-3 Cities: These are smaller but significant urban areas with populations between 100,000 and one million. Cities like Nagpur, Indore, and Patna fall into this category, and they are quickly catching up in development.

    With India’s urban population expected to grow by 416 million by 2050, the role of these cities is more crucial than ever.

    What’s Fueling the Growth in Smaller Cities?

    Several powerful factors are combining to make Tier-2 and Tier-3 cities attractive for investment.

    1. Government Initiatives Paving the Way

    The government has launched several key programs to boost growth beyond the metros. These initiatives are creating a strong foundation for businesses to thrive.

    • Smart Cities Mission: Launched in 2015, this mission aims to transform 100 non-metropolitan cities into sustainable and economically vibrant centers. By the end of 2024, thousands of projects worth over ₹1.47 lakh crore were completed, enhancing everything from public transport to digital infrastructure.
    • UDAN Scheme: The Ude Desh ka Aam Naagrik (UDAN) scheme has been a game-changer for connectivity. By making regional air travel affordable, it has connected over 88 smaller cities, making business travel and logistics much easier.
    • Digital India Initiative: This program has been instrumental in bridging the digital divide. With internet subscribers growing to nearly 1.2 billion by March 2024, businesses can now reach customers in any corner of the country. This has been a massive boon for e-commerce, with smaller cities now accounting for the largest volume of online orders.

    2. The Power of Lower Operational Costs

    One of the biggest advantages of moving to smaller cities is the cost. The expense of running a business in a Tier-1 city can be sky-high. In contrast, office rent, employee salaries, and general living costs are significantly lower in Tier-2 and Tier-3 cities.

    For a startup or an expanding business, these savings are huge. Lower costs mean higher profit margins and the ability to scale more effectively. An entrepreneur can build a sustainable business without the immense financial pressure of a metro city.

    3. A Booming Hub for MSMEs

    Tier-2 and Tier-3 cities have become the backbone of India’s Micro, Small, and Medium Enterprises (MSMEs). In fact, these cities are home to 51% of the nation’s registered MSMEs. The combination of lower costs, growing consumer demand, and government support schemes like the Pradhan Mantri MUDRA Yojana (which provides collateral-free loans) makes them an ideal breeding ground for new businesses.

    4. Untapped Talent and Better Quality of Life

    These cities are home to a large and educated workforce. With many quality educational institutions located here, companies have access to skilled talent without the intense competition found in metros.

    Furthermore, many people now prefer the healthier, more balanced lifestyle these cities offer. This makes it easier for companies to attract and retain employees who are looking for a better quality of life away from the hustle and bustle of Tier-1 cities.

    Findoc Official WhatsApp Channel

    The Rising Stars: Cities to Watch

    While this growth is happening across the country, a few cities have emerged as frontrunners, offering unique investment opportunities.

    • Ahmedabad: As the largest city in Gujarat, Ahmedabad is a powerhouse in sectors like textiles, pharmaceuticals, and manufacturing. It’s home to many of India’s most recognized companies, making it a proven investment destination.
    • Nagpur: Perfectly located for logistics, Nagpur offers an excellent entry point for imports and exports. It boasts a favorable business environment and world-class financial institutions, making it an ideal base for expansion.
    • Mysuru: Known for its rich cultural heritage, Mysuru is also a burgeoning IT hub. With a growing population and a strong presence in software development, engineering, and healthcare, it presents a wide range of investment options.

    Real-World Success Stories

    The shift is not just theoretical. Major companies have already made significant investments in these cities.

    • IT giants like Infosys and TCS have set up large campuses in cities such as Indore and Nagpur, tapping into the local talent pool.
    • E-commerce leaders like Amazon and Flipkart have built extensive warehouse and delivery networks across dozens of smaller cities to meet the surging online demand.
    • Many successful startups, like the Jaipur-based CarDekho, have proven that a metro city address is not a prerequisite for building a billion-dollar company.

    Conclusion: The Future of Indian Growth is Local

    The rise of Tier-2 and Tier-3 cities is a fundamental shift in India’s economic story. Fueled by strategic government initiatives, digital transformation, and a search for sustainable growth, these cities are no longer just supporting players—they are the new protagonists.

    For investors and entrepreneurs, this presents a massive opportunity. The next wave of growth in India is happening right now in cities like Jaipur, Indore, and Coimbatore. By looking beyond the traditional metro markets, you can become part of India’s next great success story.

    Frequently Asked Questions 

    Yes. Many successful and well-funded companies are emerging from Tier-2 cities. The key is to evaluate the business based on leadership, market potential, and strategy rather than its location.

    Information Technology (IT), e-commerce, ed-tech, and manufacturing are rapidly expanding. Consumer sectors like retail and healthcare are also growing to meet rising local demand.

    No. Tier-1 cities will remain major economic hubs. However, growth is becoming more balanced as Tier-2 and Tier-3 cities witness faster expansion while metros grow steadily.

    Challenges may include navigating local regulations and hiring specialized senior talent. However, as these cities expand, such obstacles are gradually reducing.

    You can invest in publicly listed companies expanding into these regions, explore real estate opportunities, or support local startups. Mutual funds focused on small and mid-cap companies also offer exposure to this growing trend.

  • Why Global Investors Are Betting Big on India’s Small Banks & NBFCs

    Why Global Investors Are Betting Big on India’s Small Banks & NBFCs

    Have you ever wondered where big international investors put their money? Lately, a lot of that money is flowing into India, but not just into the big, famous companies. A surprising amount is going into something you might use every day: small banks and Non-Banking Financial Companies (NBFCs).

    So, what’s going on? Why are these global money managers so excited about India’s smaller financial players? This article will break it all down in simple terms. We’ll explore what NBFCs are, why they are becoming so popular, and what this means for you and the Indian economy.

    What Are Small Banks and NBFCs?

    Let’s start with the basics. We all know what a bank is. They take deposits, give loans, and offer many other financial services. Small banks are just that—smaller, often regional, banks that focus on specific communities or customer groups.

    But what about NBFCs?

    An NBFC, or a Non-Banking Financial Company, is a company that provides bank-like financial services but does not hold a banking license. Think of them as a cousin to traditional banks. They can give you a loan for a car, a house, or your business. They can help you invest your money. However, they can’t do certain things a bank can, like accept demand deposits (the money in your savings or current account that you can withdraw anytime).

    Examples of NBFCs you might know:

    • Bajaj Finserv (gives loans for electronics, personal loans)
    • Muthoot Finance (gives loans against gold)
    • HDB Financial Services (a subsidiary of HDFC Bank that offers various loans)

    These companies play a huge role in making money accessible to people and small businesses who might not get loans from big, traditional banks.

    The Big Picture: Why the Sudden Interest?

    Global investors are always looking for the next big growth story, and right now, India is a very bright spot. The country’s economy is one of the fastest-growing in the world. As more people join the middle class and more small businesses pop up, the demand for money—or credit—is exploding.

    Big banks are great, but they can’t reach everyone. This is where small banks and NBFCs step in. They are filling a massive gap in the market, and investors have taken notice.

    Here are the key reasons why they are betting big on this sector.

    1. Reaching the Unreached (Financial Inclusion)

    India is a vast country. Many people, especially in smaller towns and rural areas, still don’t have access to formal banking services. Big banks often have strict rules and require a lot of paperwork, which can be a hurdle for small business owners or first-time borrowers.

    NBFCs and small banks are more flexible.

    • They have a simpler loan process.
    • They often have a deep understanding of the local community.
    • They are willing to give smaller loans, which big banks might ignore.

    For example, a local farmer who needs a small loan for seeds might find it easier to get it from a local NBFC than from a large national bank. This process of bringing more people into the formal financial system is called financial inclusion, and it’s a massive growth opportunity.

    2. The Digital Revolution

    India’s digital boom has been a game-changer. Thanks to cheap data and widespread smartphone use, financial services can now be delivered through an app. This is where modern NBFCs, often called FinTechs, shine.

    They use technology to:

    • Assess risk better: Using digital data, they can quickly decide if someone is a good candidate for a loan.
    • Disburse loans faster: Money can be in your account in minutes, not days.
    • Reduce costs: With no need for a massive network of physical branches, they can operate more cheaply.

    This tech-first approach allows them to scale up quickly and serve millions of new customers efficiently. Global investors love this kind of scalable, tech-driven business model.

    3. A Strong and Supportive Economy

    India’s economy is growing at a strong pace. Recent government numbers show GDP growth is projected to be around 7% for the 2024-25 financial year. A growing economy means:

    • More people have jobs and higher incomes.
    • More businesses are starting and expanding.
    • People are more confident about spending and borrowing.

    This creates a perfect environment for lenders. When people and businesses are doing well, they are more likely to pay back their loans on time, which means lower risk and higher profits for the financial institutions.

    4. Regulatory Support and Stability

    The Reserve Bank of India (RBI) has been working hard to make the financial sector stronger and more transparent. While it has introduced stricter rules for NBFCs to ensure they don’t take on too much risk, this has actually been a good thing for big investors.

    Strong regulations mean the sector is more stable and less prone to major collapses. This gives global investors the confidence that their money is relatively safe. They see a well-regulated market with clear rules of the game, which is always attractive.

    Small Banks vs. NBFCs vs. Big Banks: A Quick Comparison

    To understand the landscape better, let’s see how these different players stack up against each other.

    Feature Large Private/Public Banks Small Finance Banks Non-Banking Financial Companies (NBFCs)
    Main Focus Corporate lending, retail banking, services for a broad audience. Serving underserved sections like small businesses, farmers, and the unorganized sector. Niche segments such as vehicle loans, gold loans, consumer durable loans, and business loans.
    Regulation Strictly regulated by RBI. Strictly regulated by RBI, with a strong focus on priority sector lending. Regulated by RBI, but with slightly more flexible norms compared to banks.
    Flexibility Lower. Standardized products and processes. Higher. More tailored products for target customers. Highest. Can innovate quickly and approve loans faster.
    Technology Use Adopting technology, but legacy systems may slow implementation. Often digital-first and leverage modern tech to expand reach. Heavily dependent on technology and data analytics, especially FinTech NBFCs.
    Reach Wide national branch network but may not penetrate deep rural regions. Focused on serving unbanked and underbanked rural/semi-urban populations. Varies — some have branches, while many FinTech NBFCs operate fully online.
    Findoc Official WhatsApp Channel

    What Does This Mean for the Future?

    The heavy investment flowing into India’s small banks and NBFCs is a sign of confidence in the country’s economic future. This trend is likely to continue for a few key reasons:

    • The demand for credit is still huge: India is a credit-hungry nation. As the economy grows, the need for loans will only increase.
    • Digital will deepen its roots: More financial services will move online, making it even easier for NBFCs and small banks to reach new customers.
    • Innovation will continue: These smaller players are nimble and can adapt to changing customer needs much faster than their larger counterparts.

    Conclusion: A Win-Win Situation

    Global investors are betting on India’s small banks and NBFCs because they see a powerful combination: a fast-growing economy, a huge untapped market, and the power of digital technology. These institutions are the engines of financial inclusion, bringing millions of Indians into the formal economy for the first time.

    For investors, it’s a chance to be part of a massive growth story. For India, it means more access to capital for small businesses and individuals, which fuels economic growth from the ground up. It’s a classic win-win situation, and it’s happening right now.

     

    Frequently Asked Questions

    NBFCs that accept public deposits are regulated by the RBI, and there are rules to protect depositors’ money. However, the deposit insurance that covers up to ₹5 lakh in a bank does not apply to NBFCs. It’s always best to check the rating and history of an NBFC before depositing money.

    You might choose an NBFC if you need money quickly, have a less-than-perfect credit history, or require a specialized type of loan that your bank doesn’t offer. NBFCs are often faster and more flexible with their lending decisions.

    No. There are many types of NBFCs. Some specialize in lending against gold, some in housing loans, and others in vehicle loans. Many new-age fintech NBFCs provide small personal loans through mobile apps.

    Small finance banks are designed to promote financial inclusion. They can accept deposits and lend like regular banks, but they must direct at least 75% of their loans to priority sectors such as agriculture, small businesses, and education.

    Foreign investment boosts an NBFC’s lending capacity, enabling more loans for individuals and small businesses. Increased capital leads to greater competition, which can improve services and potentially reduce borrowing costs.

    The major risk is NPAs (Non-Performing Assets). If too many borrowers fail to repay loans, the NBFC may face financial stress. Economic downturns can heighten this risk, making strong regulation and sound risk management essential.

  • How Campa and Lahori Zeera Are Winning India’s Fizzy War

    How Campa and Lahori Zeera Are Winning India’s Fizzy War

    A New Era in India’s Soft Drink Market

    Until recently, the Indian soft drink scene was pretty simple: Coca-Cola and Pepsi ruled almost every fridge and shop. For years, these global brands had a near-monopoly, owning over 90% of a market now worth about ₹60,000 crore. But now, two Indian brands, Campa and Lahori Zeera, have turned the tables and started a real “fizzy war.”

    The buzz began as Indian consumers started craving fresh, local flavours and pocket-friendly rates. This pushed open the door for new players. As a result, in just the first nine months of 2025, Campa and Lahori Zeera’s combined market share almost doubled—from 7% to around 15%—while Coke and Pepsi together slipped down to 85%. Losing that much ground in a year is a big wake-up call for the giants.

    Meet the Contenders

    Campa: Old Favourite with a Modern Twist

    If you remember the ’80s and ’90s, Campa Cola probably brings back memories. It was “The Great Indian Taste” before Coke and Pepsi even arrived in India. After disappearing for a while, Campa made a comeback when Reliance bought the brand in 2022 and relaunched it in 2023.

    Reliance went all-in: they revived nostalgia, set prices low with a ₹10 pack, spread Campa through their massive distribution network, and spent big on advertising. This meant that you could find Campa everywhere—from small stores to metro stations, and even being promoted by celebrities.

    Lahori Zeera: A Taste of India

    Lahori Zeera started out in Punjab in 2017 and quickly clicked with people who love desi flavours. Instead of trying to copy colas, it offered a fizzy drink based on cumin (jeera), a spice loved all across India.

    Lahori’s smart moves included sticking to the ₹10 price, focusing on local shops through 2,500+ distributors, and launching new drinks like Aamras and Masala Cola. Their mission: bring desi tastes to the entire nation, planning to cover up to 90% of India’s pin codes.

    Why Are Campa and Lahori Zeera Winning?

    The answer is simple: they nailed the “three Ps”—Price, Palate, and Placement.

    Price: Both brands targeted the ₹10 price point, making their drinks super affordable. Coke and Pepsi were forced to respond by bringing back ₹10 bottles.

    Palate: Instead of only Western colas, these new players leaned into Indian tastes. Campa brought nostalgia; Lahori Zeera introduced traditional spices and mango flavours.

    Placement: Reliance got Campa into every corner shop and supermarket, while Lahori Zeera built up its network from scratch, focusing on the millions who shop at local kirana stores.

    Here’s a quick comparison:

    Feature Coca-Cola & PepsiCo Campa & Lahori Zeera
    Position Global giants Fast up-and-comers
    Flavours Western (cola, lemon-lime) Indian (jeera, aamras)
    Key Price Premium & some mass-market Affordable ₹10 packs
    Distribution Huge traditional network Reliance retail & local distributors
    Strengths Big budgets, brand loyalty Desi appeal, aggressive marketing
    Findoc Official WhatsApp Channel

    What’s Next for Shoppers and the Market?

    Competition is a win for everyone who loves a cold drink. You’ll find more choices, better value, and new flavors that suit Indian tastes. The big brands are fighting to keep up, and the result is a wave of innovation that benefits shoppers across the country.

    Plus, the rise of homegrown brands proves that Indian companies can take on multinationals—and win.

    Conclusion

    Campa and Lahori Zeera’s rapid rise isn’t just a business story. It’s an example of how understanding the Indian customer—what we like, what we can spend, and where we shop—can shake up even the biggest markets. The days of soft drink duopoly are gone, and the future is more local, more flavorful, and more competitive than ever.

    FAQs

    Campa is owned by Reliance Consumer Products. Lahori Zeera is a Punjabi brand under Archian Foods and is backed by international investors.

    They focus on popular Indian flavours and affordable pricing, making them a hit with local buyers.

    Campa is now widely available thanks to Reliance’s big retail push. Lahori Zeera can be found in many local shops, with plans to go nationwide soon.

    Both have brought back ₹10 bottles to compete and are ramping up their marketing efforts.

    Lahori Zeera is experimenting with more desi flavours like Masala Cola and Aamras, while Campa may expand further through Reliance’s stores and events.

  • Why NRIs Retiring in India Need a Different Wealth Management Plan

    Why NRIs Retiring in India Need a Different Wealth Management Plan

    A shocking fact: a ₹1 crore retirement corpus today will shrink to just ₹20 lakh in real terms after twenty years in India.

    NRI wealth management demands specialized planning for retirement in India. The reason is clear. India’s inflation rate stays consistently higher than many wealthy countries at 6-7% annually. Your overseas retirement calculations will fall short here.

    Life expectancy has increased significantly. Indians now live between 78-82 years, which means retirement savings must last 25-30 years or more. The combination of longer lives, limited social security systems, and evolving family structures creates unique money management challenges.

    Managing NRI wealth becomes complex due to its multi-country nature. Your income might come from one country, assets from another, family stays in India, and retirement plans could exist in a third location. Recent tax changes have also made this financial landscape more challenging.

    This piece explains why global retirement plans often fail in India. You’ll learn practical strategies to secure your financial future when returning home. Let’s tuck into creating a retirement plan that safeguards your wealth across borders.

    Why Global Retirement Plans Don’t Work in India

    Traditional retirement plans built for western economies don’t work well in India. NRIs coming back need a different approach to manage their finances here. Your overseas retirement calculations need major adjustments, and here’s why.

    India’s high inflation vs. developed countries

    NRI wealth management in India faces its biggest challenge from high inflation rates. The US, UK, and Singapore see inflation rates of 2-3%. India’s rates stay between 5-7%. This small difference might not seem much at first, but it can alter your purchasing power drastically over a 20-30 year retirement period.

    Let’s look at what 7% inflation does – prices double every 10 years. Your retirement savings need to grow much faster to keep their value. Retirement plans based on lower inflation rates won’t support your lifestyle in India.

    Currency depreciation and its long-term effect

    The Indian rupee has lost value against major currencies like USD, GBP, and EUR. NRIs benefit from this during their saving years when they convert foreign money to INR. But this advantage turns into a problem during retirement if you keep large amounts in foreign currencies.

    Currency depreciation adds up, and moving money to India becomes more expensive. Your regular income from overseas investments loses buying power in India unless you protect against this risk.

    Why foreign retirement funds lose value in India

    Foreign retirement accounts like 401(k)s, IRAs, or pension plans suit western economies and tax systems. These accounts face several problems in India:

    1. Their growth (usually 5-7% yearly) barely matches Indian inflation
    2. The 4% withdrawal rule doesn’t work in high-inflation settings
    3. Tax agreements between countries might tax your withdrawals twice

    These foreign retirement accounts lack inflation protection, so your money loses real value against India’s rising living costs. You’ll need to rethink how you withdraw and allocate your assets specifically for India.

    Understanding the New Tax Landscape for NRIs

    Tax compliance has become more complex for NRIs who are coming back to India. You need to understand these tax rules to manage your wealth effectively across borders.

    FATCA, FBAR and Indian disclosure rules

    The Foreign Account Tax Compliance Act (FATCA) requires U.S. taxpayers to report their foreign financial assets to the IRS on Form 8938. This rule works differently from FBAR (FinCEN Form 114), which kicks in when your foreign financial accounts go over $10,000 (about ₹8.4 lakh) at any point during the year.

    The penalties for not following these rules are harsh. You could face fines up to $10,000 (about ₹8.4 lakh) for honest mistakes. The fines jump to $100,000 (about ₹84.3 lakh) or 50% of your account balance if you knowingly break the rules.

    NRIs should know that India shares data with the U.S. and other countries, which makes it hard to hide anything. This affects how you should plan your investments before and after retirement.

    TCS and TDS changes in Budget 2025

    Budget 2025 brought good news for NRIs through changes in Tax Collected at Source (TCS) rules. The limit for foreign remittances under the Liberalized Remittance Scheme went up from ₹7 lakh to ₹10 lakh.

    The rules now exempt education remittances from specified financial institutions from TCS. These changes give you more freedom to manage your money across borders.

    Capital gains tax on mutual funds from April 2025

    Mutual fund taxes went through big changes from July 2024. The tax on short-term equity mutual fund gains jumped from 15% to 20%. Long-term capital gains tax also increased from 10% to 12.5%, but you now get a bigger exemption of ₹1.25 lakh instead of ₹1 lakh.

    NRIs face these tax deductions at source:

    Why NRIs Retiring in India Need a Different Wealth Management Plan
    • Long-term capital gains: 12.5% TDS
    • Short-term capital gains: 20% TDS

    The rates might seem high, but Double Taxation Avoidance Agreements (DTAAs) can help. With the right paperwork like a Tax Residency Certificate, you won’t have to pay taxes twice on the same money. This means you can get credit for taxes you paid in India against what you owe in your country of residence.

    Building a Retirement-Ready Investment Strategy

    A well-balanced investment mix is key to successful NRI wealth management. Your strategy must tackle India’s unique financial landscape, unlike generic retirement plans.

    Balancing Indian and foreign assets

    Your portfolio should have 60-80% Indian assets if you plan to retire in India, with global diversification at 20-40%. This mix protects you from currency fluctuations and helps maintain your purchasing power in India. You should review your risk tolerance to decide the exact allocation.

    Using NPS, NRE/FCNR deposits and annuities

    NRIs can benefit from the National Pension System’s tax advantages and remote access, though you must convert at least 40% of the corpus into annuities at retirement. Tax-free interest awaits you on NRE/FCNR deposits during your original RNOR period after returning to India. These options combined with annuities create steady income streams that protect against inflation.

    Role of GIFT City for global exposure

    Why NRIs Retiring in India Need a Different Wealth Management Plan

    GIFT City investments come with excellent benefits. These USD-denominated investments prevent currency conversion losses, offer tax benefits, and let you access global markets under Indian regulation. The capital gains tax on GIFT City investments is just 9%, much lower than other options.

    Safe withdrawal rate and inflation-adjusted returns

    Expert financial planners suggest a 3.5-4% annual withdrawal rate to make your corpus last through retirement. You should keep 5 years of expenses in fixed-income investments, with the rest in equity to fight inflation’s impact.

    Planning for Real Estate, Healthcare and Legacy

    Life quality after returning to India depends on three key areas that go beyond investments and taxes. Your wealth management plan must address these crucial aspects.

    When to buy property in India

    You should buy property in India only if you’re sure about retiring there in the next 5-10 years. A property purchase should be a life decision rather than just an investment. You might want to think over buying if you have specific retirement location needs or want to build community connections before returning.

    Findoc Official WhatsApp Channel

    Don’t purchase if you’re unsure about retirement plans or if emotions drive your buying decision instead of practical needs. Ready-to-move options might serve returning NRIs better since under-construction properties often face 2-3 year delays.

    Choosing health insurance that works across borders

    Your visits to India need protection through NRI health insurance. Foreign insurance plans don’t usually cover Indian medical expenses, which creates a major coverage gap. Look for policies that offer:

    • Cashless hospitalization at 10,000+ network hospitals in India
    • Continuous coverage throughout the policy term
    • Coverage for pre-existing conditions after waiting periods elapse

    Early policy purchase helps because waiting periods for pre-existing conditions expire before your return to India.

    Estate planning: wills, power of attorney, succession

    Religious laws determine asset distribution when there’s no estate planning. This affects 85% of Resident Indians and NRIs through intestate succession. Your Indian assets need separate wills because foreign wills might not get recognition here. You need a trustworthy executor in India to manage your estate. The next step involves giving power of attorney to someone in India who can handle your property and investments remotely.

    Conclusion

    NRIs just need careful financial planning to retire in India because of several unique challenges we’ve explored. Financial strategies that worked abroad won’t sustain your lifestyle here. High inflation rates of 6-7% will erode your purchasing power over a 25-30 year retirement period. Currency depreciation makes this problem worse, so you need to rethink traditional retirement approaches.

    Taxes add another layer of complexity. FATCA, FBAR rules, and recent changes to TCS and capital gains taxation need vigilant attention to avoid penalties and maximize returns. Your investment strategy must balance Indian and foreign assets carefully. Most experts recommend keeping 60-80% in Indian investments while maintaining global diversification.

    You should think about three critical factors that many people miss. Smart timing of property purchases works better than emotional decisions. Cross-border health insurance secured before returning protects against medical expenses. And definitely not least, proper estate planning documents ensure your assets pass according to your wishes.

    Standard global retirement plans don’t deal very well with India’s unique financial environment. Proper NRI wealth management that accounts for inflation, taxation, and long-term care needs creates a sustainable retirement plan. Start adjusting your strategy now—before returning—to ensure decades of financial security and peace of mind during your retirement years in India.

    FAQ

    NRIs face higher inflation, longer life spans, and limited social security in India. Retirement plans created abroad are not designed for India’s financial environment, making customized planning essential.

    India’s inflation rate ranges between 5–7%, significantly reducing purchasing power over time. Retirement savings must grow faster to sustain long-term expenses.

    Foreign retirement accounts typically grow slower, may face double taxation, and are designed for low-inflation economies. In India, they often fail to keep pace with rising costs.

    NRIs must comply with FATCA, FBAR, and Indian disclosure norms. They should also be aware of changes in TCS rules and updated TDS rates on mutual fund gains effective from 2024–25.

    Experts suggest placing 60–80% of assets in India and maintaining 20–40% global diversification. This helps manage currency risks while meeting India’s inflation needs.

    Foreign insurance generally does not cover treatment in India. Specialized NRI health insurance ensures cashless hospitalization, wide network coverage, and protection against medical expenses.

  • Excelsoft Technologies IPO 2025 – Complete Details and Market Outlook

    Excelsoft Technologies IPO 2025 – Complete Details and Market Outlook

    Get ready for one of the most talked-about IPO events this month! Excelsoft Technologies, a global vertical SaaS company, plans to launch its maiden public issue from November 19 to 21, 2025.

    The company’s book-building issue totals Rs 500 crore, which includes a fresh issuance of Rs 180 crore and an offer-for-sale worth Rs 320 crore. The Excelsoft Technologies IPO 2025 has set its price band between Rs 114 and Rs 120 per share [-2]. Retail investors need to invest a minimum of Rs 15,000. The company’s financial performance stands out with its total revenue growing 24% to Rs 248.8 crore in FY25. Their profit after tax jumped an impressive 172% to Rs 34.69 crore compared to last fiscal year.

    Let’s get into all the key details of the Excelsoft Technologies IPO in this piece. We’ll cover its structure, Grey market premium, business model, and how they plan to use the raised funds. This guide will help you make an informed investment decision, whether you’re an experienced investor or just starting with IPOs.

    Excelsoft Technologies IPO 2025: Key Dates and Offer Structure

    Here’s a detailed look at Excelsoft Technologies’ IPO structure and important dates that investors need to know.

    Excelsoft Technologies IPO 2025 – Complete Details and Market Outlook

    IPO opening and closing dates

    Excelsoft Technologies Ltd IPO starts on November 19, 2025, and runs through November 21, 2025. The company will announce its basis of allotment on November 24, 2025. Investors can expect both their refunds and share credits to demat accounts on November 25, 2025. The shares will start trading on the BSE and NSE on Wednesday, November 26, 2025.

    Issue size and share breakdown

    The company’s IPO is a ₹500 crore book-building issue. It combines a fresh issue of 1.5 crore shares worth ₹180 crore with an offer-for-sale (OFS) of 2.67 crore shares valued at ₹320 crore. The total public offering stands at 4.17 crore equity shares. The IPO reservation splits into three categories: QIBs get 50%, NIIs receive at least 15%, and retail investors have a minimum 35% allocation.

    Price band and lot size

    The IPO’s price band ranges from ₹114 to ₹120 per share. Retail investors need to buy at least one lot of 125 shares, which costs ₹15,000 at the upper price band. They can apply for up to 13 lots (1,625 shares) worth ₹1,95,000. Small HNIs have the option to bid for 14-66 lots, while big HNIs can start their bids from 67 lots (8,375 shares).

    Registrar and lead manager details

    MUFG Intime India Private Limited serves as the IPO’s registrar. Anand Rathi Advisors Limited manages the entire process as the sole book-running lead manager. Investors can find support and answers to their IPO-related questions on the registrar’s official website.

    Findoc Official WhatsApp Channel

    Grey Market Premium (GMP) and Listing Expectations

    The Grey market premium helps investors gage sentiment before an IPO launch. Let’s get into what current trends tell us about market expectations for Excelsoft Technologies.

    Latest Excelsoft Technologies IPO GMP

    Excelsoft Technologies’ Grey market premium reached ₹16 per share on November 18, 2025. The unofficial market shows a fluctuating pattern. The GMP stood higher at ₹20 on November 17 and touched ₹30 on November 16. The premium has been volatile, and reports indicate dramatic drops during mid-November.

    What GMP indicates for listing price

    The current GMP of ₹16 combined with the upper price band of ₹120 points to an estimated listing price of ₹136 for Excelsoft Technologies shares. Investors who receive allotments could see potential listing gains of 13.33%. Previous estimates with a higher GMP of ₹30 suggested a listing price of ₹150, which would have meant a 25% premium. These figures show evolving market sentiment as we near the subscription window.

    How reliable is GMP for investors?

    Investors should know that Grey market premiums are not official data – they come from speculation in unofficial markets. Excelsoft’s GMP swings from 25% to zero at times show how unreliable these unofficial indicators can be.

    Basing investment decisions on GMP figures alone carries risks. While GMP offers a glimpse into potential listing performance, it overlooks vital factors like business model strength, financial performance, and market conditions on the listing date.

    Smart investors looking at this upcoming IPO should see GMP as just one piece of the puzzle. It shouldn’t be the only factor that determines your investment in Excelsoft Technologies IPO 2025.

    Business Model and Financial Performance

    Excelsoft Technologies’ upcoming IPO showcases a specialized business model that has made the company a revolutionary force in the learning and assessment technology market.

    Overview of Excelsoft’s SaaS offerings

    Since 2000, Excelsoft has grown into a global vertical SaaS company that focuses on the learning and assessment market. The company’s main products are AI-powered assessment platforms, online proctoring solutions, learning management systems, and student success platforms. Their star products SARAS eAssessment, EasyProctor, OpenPage, EnablED, and CollegeSPARC come with subscription/per-user pricing and multi-year enterprise contracts. The company excels at developing AI-based products and services. Their Large Language Models (LLMs) help their products stand out in digital assessments and proctoring.

    Client base and global presence

    Excelsoft now works with 76 clients in 19 countries as of August 2025. Big names like Pearson Education, AQA Education, and Brigham Young University-Idaho trust their services. North America brings in the biggest chunk of money – 60.65% of FY25 revenue. Their clients stick around too. Data from Q1 FY26 shows that 24 clients have stayed with them for over 10 years.

    Revenue and profit growth trends

    The company’s numbers tell an impressive story. Revenue jumped from ₹195.10 crore in FY23 to ₹233.29 crore in FY25. Their profit after tax soared by 172% year-over-year to ₹34.69 crore in FY25. This big leap in profit shows how well they’ve improved their operations and scaling ability.

    Key financial metrics from FY24 and FY25

    The company keeps its gross margins healthy at 55-62%. Their EBITDA margin hit 31.40% in FY25, beating many competitors. Returns looked good too – ROCE rose to 16.11% and ROE reached 10.38% in FY25. The net-debt-to-equity ratio improved by a lot, dropping from 0.37 in FY23 to just 0.05 in FY25. This shows how well they manage their balance sheet. These strong numbers make their upcoming IPO really interesting for investors who want to get into the education technology sector.

    Use of Proceeds and Strategic Goals

    The Excelsoft Technologies IPO 2025 brings an important question to investors’ minds: how will the company employ the funds from its public offering?

    Investment in Mysore facility and infrastructure

    Excelsoft plans to use ₹71.97 crore (39.98%) of the fresh issue proceeds to buy land and build a new facility at their Mysore property. The company’s registered office already operates from Hootagali Industrial Area, Mysore, and this expansion will improve its operational capacity by a lot. The company will also put ₹39.51 crore (21.95%) into upgrading its current Mysore facility, which includes better external electrical systems.

    IT upgrades and digital transformation

    The company will direct ₹54.63 crore (30.35%) toward IT infrastructure improvements. This includes software, hardware, and communications & network services. These investments make sense given Excelsoft’s AI-based products and services, particularly their Large Language Models that deepen their commitment to digital assessments and proctoring solutions.

    General corporate purposes

    Excelsoft has set aside ₹13.89 crore (7.72%) for general corporate purposes. This money gives the company room to expand business, launch marketing campaigns, and handle working capital needs as new opportunities come up.

    How these investments arrange with growth plans

    These strategic choices support Excelsoft’s vision to scale product development and build reliable infrastructure that meets their global clients’ needs. The company serves 76 clients in 19 countries, and its expansion plans aim to improve its worldwide delivery of fully compliant digital learning solutions. This upcoming IPO is not just about raising funds – it’s the life-blood of Excelsoft’s long-term growth strategy.

    Conclusion

    The Excelsoft Technologies IPO is definitely a great chance to invest in the education technology sector. Their numbers tell an impressive story – 172% profit growth and a solid 24% revenue increase that shows the company’s financial strength. They serve 76 clients in 19 countries, which proves global acceptance of their AI-powered learning and assessment solutions.

    Smart investors should think over a few key points before jumping in. The Grey Market Premium has shifted between ₹30 and ₹16, which shows mixed market sentiment. The company plans to use IPO funds for facility expansion and IT infrastructure – a solid plan that ended up making sense for long-term value creation.

    Excelsoft Technologies is a standout among new IPOs. The company’s 15-year-old business model, high client retention, and clear growth path make it special. Their AI-powered assessment platforms fit perfectly in today’s growing educational technology market. Investors who want to tap into the SaaS education sector might find this IPO attractive, given the strong financials and worldwide client base.

    The subscription window opens from November 19-21. Take time to research this opportunity based on your investment goals and risk comfort level. Getting the full picture of the company’s strengths and challenges will help you decide if you want to be part of this much-anticipated public offering.

    FAQs

    The IPO opens on November 19, 2025, and closes on November 21, 2025. The basis of allotment will be announced on November 24, with shares expected to be listed on November 26, 2025.

    Excelsoft Technologies is looking to raise ₹500 crore through its IPO, which includes a fresh issue of ₹180 crore and an offer-for-sale of ₹320 crore.

    The company has set the price band for its IPO between ₹114 and ₹120 per share.

    Excelsoft Technologies has shown strong financial growth, with total revenue increasing by 24% to ₹248.8 crore in FY25 and profit after tax surging by 172% to ₹34.69 crore compared to the previous fiscal year.

    The company plans to use the IPO proceeds primarily for expanding and upgrading its Mysore facility, investing in IT infrastructure upgrades, and general corporate purposes to support its growth strategy.

  • Not Every IPO Turns Into Profit: How to Check If It’s Worth Investing

    Not Every IPO Turns Into Profit: How to Check If It’s Worth Investing

    The IPO fever makes investors dream big, but reality often hits hard. Many retail investors jump into IPOs based on hype, brand names, and subscription numbers. They rarely ask if the issue deserves their money.

    This approach to investing brings disappointment. Many IPOs that got subscribed more than five times now trade below their issue price. You need to look beyond basic numbers to understand what makes an IPO tick. High subscription rates and Gray Market Premiums get people excited, but they don’t guarantee how the stock will perform after listing.

    A prominent brand name won’t make up for high valuations or weak financials. This is a big deal as it means that an IPO’s price-to-earnings ratio is higher than its listed peers. Such situations often point to overvaluation and limited growth potential after listing.

    What is an IPO and why it matters

    A private enterprise’s transformation into a publicly traded company stands as one of the most important milestones in corporate progress. Initial Public Offering (IPO) happens when a private company first offers its shares to the public. This key event turns a private business with few shareholders into a public entity that trades on stock exchanges.

    Definition of an Initial Public Offering

    A company sells new or existing securities to the public for the first time during an IPO. The company’s shareholders usually include founders, family members, friends, and private investors like venture capitalists before going public. People call this process “floating” or “going public,” and it changes the company’s ownership structure as retail and institutional investors can now buy shares.

    Why companies go public

    Companies launch IPOs mainly to raise capital. The US IPO market welcomes growth-focused companies and accepts those with little to no profit when they go public. 

    Companies can use this new money to fund research and development, buy equipment, expand operations, or clear existing debt.

    IPOs give serial entrepreneurs and early investors a chance to cash out their investments. Public companies also gain better visibility and brand recognition, which could increase their market share. The money raised helps companies buy other businesses – deals they couldn’t afford before.

    Why investors are drawn to IPOs

    Investors see IPOs as a chance to buy shares in companies during their early public days. They like the idea of getting shares at original offering prices, hoping the company will grow. So many investors see IPOs as a way to earn big returns if companies do well after listing.

    IPOs create buzz and excitement that draws both retail and institutional investors. Public companies must follow strict rules and share their financial information openly. This openness builds trust and helps investors make smart choices based on detailed company information.

    The risks behind the hype

    The glamorous world of IPOs hides many potential traps for investors who aren’t careful. These investment opportunities might seem exciting, but you need to understand their risks to make smart decisions.

    Lack of historical data

    Companies entering the market present a basic challenge – they don’t have any historical performance data. You can’t find the same detailed records that 10-year old public companies have, especially about their performance during market cycles or economic downturns. This missing information makes it hard to predict a company’s stability and future. Phil Town puts it well when he says recessions are when “you get to see who’s been swimming naked”.

    Volatility in early trading

    Stock prices swing wildly during the first days of trading based on market sentiment, investor excitement, and common market conditions. One-third of all IPOs lose value on day one, and half of them trade lower by the second day. Prices often shoot up rapidly and then crash down, creating a “whipsaw” effect.

    Lock-up periods and insider selling

    Most IPO agreements restrict major shareholders from selling shares for 90 to 180 days after going public. Stock prices usually drop 1% to 3% permanently when these lock-up periods end and insiders flood the market with shares. U.S. company insiders sold ₹2995.51 billion worth of shares from newly public companies in 2021 alone.

    Overvaluation concerns

    Many companies debut on the market with prices far above their real value. Market excitement, aggressive investment bank marketing, and eager insiders drive these inflated prices. Small investors chase gray market rumors and social media buzz instead of studying company basics. These high valuations hurt retail investors the most when stock prices crash after the debut.

    Findoc Official WhatsApp Channel

    How to evaluate an IPO before investing

    Smart IPO investment decisions need proper research rather than following market hype. A detailed analysis of key factors helps you spot promising opportunities and avoid disappointments.

    Understand the company’s business model

    The company’s business model should be sustainable and offer expandable solutions. You should read the Red Herring Prospectus (RHP) to understand revenue generation and competitive advantages. The model’s potential as a game-changer matters because companies that challenge traditional business approaches often give better returns. Independent channel checks will verify if the company’s claims hold up.

    Check the company’s financials

    Numbers tell a story when you analyze 3-year trends in sales growth, profit margins, and operating efficiency. Key metrics include revenue growth, debt-to-equity ratio, return on equity, and cash flow patterns. Healthy companies show steady revenue growth, better profit margins, and positive cash flow. On top of that, working capital efficiency and asset turnover ratios optimize long-term profits.

    Review the S-1 filing

    The S-1 registration statement (or DRHP in India) gives detailed information about operations, finances, and planned use of capital. This document shows how the business runs, risk factors, management’s take on finances, and financial statements. The company’s plans for IPO money matter – expansion funds point to better prospects than just paying off debt.

    Assess the management team

    The core team’s qualifications, experience, and track record need careful review. Strong, trustworthy leaders accelerate sustainable growth while poor leadership destroys value. The promoters’ post-IPO shareholding matters too – higher retention shows confidence in the company’s future. Good corporate governance practices ensure management and shareholder interests stay aligned.

    Compare with industry peers

    The final step measures the company against similar listed businesses on key financial metrics. P/E ratio, EV/EBITDA, and price-to-book value comparisons reveal potential overvaluation. This is a big deal as it means that when valuations exceed industry averages without reason, you should be careful. Note that a strong competitive position often leads to better long-term results.

    Red flags and success signals

    Smart investors can spot the difference between promising IPO opportunities and potential disasters by looking for specific signals. Here are some significant indicators they watch before investing their money.

    Warning signs to avoid

    A healthy dose of skepticism helps when evaluating IPOs. Your broker’s aggressive IPO pitch should raise red flags – it often means institutional investors didn’t want it. Companies with too many related party transactions might have transparency problems. Leadership changes should make you wary, especially a new CFO after filing amendments, new auditors, or different law firms. High levels of insider selling point to low confidence in the company’s future.

    Positive indicators of a strong IPO

    The best IPOs show steady revenue growth, better profit margins, and positive cash flow. Companies that use their money for research, marketing, or expansion make better investments than those paying off debt. The company’s future looks bright when insiders keep their shares after the lock-up period ends.

    Examples of failed IPOs

    Paytm stands out among IPO failures with a 27% drop on day one. The company’s complex business model and high valuation led to this outcome. Reliance Power’s heavily marketed 2008 IPO ended up disappointing investors despite early excitement. The market showed little interest in Wanda Sports, which raised less than half its target and struggled after trading began.

    Examples of successful IPOs

    Beyond Meat shows what a great IPO looks like. It became the most successful listing since 2008 for companies raising over ₹16,876 million. DMart’s success story in India saw its 2017 IPO oversubscribed 105 times. The company listed at a 102% premium thanks to its proven business model and investor’s trust in its founder. TCS’s 2004 IPO succeeded because of the company’s strong brand, solid financials, and global reach.

    Conclusion

    IPO investments engage many retail investors, but evaluating them carefully is essential before investing your hard-earned money. Without doubt, the chance to invest early in the next big market success attracts investors. The reality often paints a different picture.

    Smart IPO investing needs solid research as its foundation. You should know the company’s business model, financials, and management quality. The S-1 filing needs a close examination to understand the company’s plans for the raised capital. Companies that allocate money for expansion show better prospects than those using funds to repay debt.

    You should watch for warning signs when looking at potential IPO investments. Too many related party transactions, sudden leadership changes, and heavy insider selling are red flags. Strong investments often show steady revenue growth, better profit margins, and insiders keeping their shares after lock-up periods.

    Market buzz and subscription numbers don’t tell the whole story. A comparison of valuation metrics with industry peers helps you see if the IPO price matches the company’s real value. High valuations often lead to poor performance after listing, as seen with Paytm and Reliance Power.

    Companies like Beyond Meat and DMart prove that IPOs with strong fundamentals can give great returns. These cases are rare exceptions. Most new listings see big price swings in their early days.

    IPOs can be exciting, but they need more homework than 10-year-old public companies. You’ll make better choices with proper analysis and a healthy doubt about market hype. A disciplined strategy that focuses on fundamentals instead of market buzz helps you make smarter decisions about these new public companies.

    FAQs

    To assess an IPO’s investment potential, thoroughly research the company’s business model, financials, and management team. Review the S-1 filing, compare valuation metrics with industry peers, and look for consistent revenue growth and improving profit margins. Be cautious of red flags like excessive related party transactions or significant insider selling.

    No, not all IPOs turn into profitable investments. Many newly listed companies experience significant volatility in their early trading days, and some may underperform or trade below their issue price. Successful IPOs like Beyond Meat or DMart are exceptions rather than the rule.

    Be wary of aggressive pitches from brokers, sudden leadership changes (especially new CFOs or auditors), high percentages of insider selling, and complex business models. Also, be cautious if the company’s valuation significantly exceeds industry averages without justification.

    The lock-up period is crucial to consider. It typically lasts 90 to 180 days, during which major shareholders can’t sell their shares. Pay attention to insider behavior after this period ends. If insiders continue holding their shares, it may signal confidence in the company’s future.

    The planned use of IPO proceeds is a key indicator of a company’s prospects. Generally, companies using funds primarily for expansion, research, or marketing present better investment cases than those focusing on debt repayment. This information can typically be found in the S-1 filing or prospectus.

  • Tenneco Clean Air IPO: Key Details, Subscription Dates & Financial Overview

    Tenneco Clean Air IPO: Key Details, Subscription Dates & Financial Overview

    Tenneco Clean Air plans to launch a massive ₹3,600 crore IPO on November 12, 2025. The global Tier I automotive component supplier shows strong financial performance with a market cap of ₹16,023 crore. Their numbers look solid with a 57.3% return on capital employed (ROCE) and 42.6% return on equity (ROE).

    The IPO gives investors a great chance to buy into a market leader. Tenneco Clean Air India Pvt Ltd dominates the market with a 52% share in shock absorbers & struts for Indian passenger vehicle OEMs. They hold an even stronger 57% share in Clean Air Solutions for Indian Commercial Trucks OEMs. But investors should know that this is just an offer to sell 9.07 crore shares – the company won’t get any direct proceeds.

    This piece takes a deep look at the Tenneco Clean Air IPO. We’ll break down everything from subscription details to the price band of ₹378 to ₹397 per share. You’ll learn about their business basics and what experts say about this automotive component giant. This will help you decide if it belongs in your investment portfolio.

    Tenneco Clean Air IPO Snapshot

    Tenneco Clean Air IPO Snapshot

    Tenneco Clean Air plans a significant market debut with its upcoming IPO. Let’s take a closer look at what this offering brings to the table.

    Issue size and offer type

    The Tenneco Clean Air IPO features a pure offer for sale (OFS) of 9.07 crore equity shares worth ₹3,600 crore. Since this is an OFS structure, Tenneco Clean Air won’t receive any proceeds from the offering. The selling shareholders will get all funds after deducting offer expenses. Global promoters Tenneco Inc., Federal-Mogul, and Mauritius Holdings see this IPO as a chance to reduce their stake and tap into value.

    Price band and valuation

    The company has priced its shares between ₹378-₹397 with a face value of ₹10 per share. The company’s market capitalization could reach ₹16,000 crore at the upper price band. Each lot contains 37 shares, which means investors need to put in at least ₹14,689 at the upper price band. Retail investors can buy up to 13 lots (481 shares) worth ₹190,957.

    Subscription categories and reservation

    The IPO follows this allocation pattern:

    • Qualified Institutional Buyers (QIB): Not more than 50% of the offer
    • Non-Institutional Investors (NII): Not less than 15% of the offer
    • Retail Individual Investors: Not less than 35% of the offer

    Small NII covers bids between ₹2-10 lakhs while Big NII includes bids above ₹10 lakhs.

    GMP trends and expected returns

    The Grey Market Premium (GMP) for Tenneco Clean Air shows promise. The GMP reached ₹55-65 on November 11, 2025, suggesting a potential listing premium of 13.85-16.37% above the upper price band. Recent GMP movements started at ₹100 on November 6 and settled around ₹55-67 by November 10-11. These trends point to possible listing gains, though the GMP has dropped by about 25% since November 7.

    Findoc Official WhatsApp Channel

    Business Model and Market Position

    Tenneco’s success stems from its diverse business model that spans multiple automotive technology segments. Let’s get into what makes this company a revolutionary force in the automotive components industry.

    Overview of clean air and powertrain solutions

    Clean Air business serves as the life-blood of Tenneco’s operations and focuses on three key technological areas: aftertreatment, energy recycling, and acoustic engineering. Their emissions control systems help global engine manufacturers meet stringent regulations like Euro 6d, Euro 7, China 6, and Bharat 6. The company commands a 57% market share in Clean Air Solutions for Indian Commercial Truck OEMs. Their Powertrain division strengthens this position with high-precision engine components that improve combustion efficiency and durability.

    Advanced ride technologies and product innovation

    Tenneco delivers groundbreaking solutions through Monroe Ride Solutions in the suspension technology space. Their flagship CVSAe technology features electronic dampers that adapt continuously to road conditions. Drivers can select Comfort, Standard, or Sport settings. Their CVSA2/Kinetic suspension system represents another breakthrough that delivers superior handling for heavier vehicles without conventional roll bars. The company’s Systems Protection business has created specialized products like FyreJacket™ 1650 and Protexx-Shield™ 7005 that provide thermal runaway protection for electric vehicles.

    OEM relationships and export footprint

    Strong partnerships with global automotive giants like Toyota, Honda, Nissan, GM, Ford, Volkswagen, and Tata Motors define Tenneco’s market presence. The company serves 119 customers as of March 2025. Their top 10 clients have maintained relationships averaging over 19 years. Production contracts typically last throughout the entire lifecycle of related vehicles.

    Revenue mix by segment and geography

    Clean Air & Powertrain Solutions generate 57.5% of total operations, while Advanced Ride Technologies bring in 42.5%. Passenger Vehicles lead the revenue mix at 64%, followed by Commercial Vehicles at 22.8%. Industrial/others contribute 6.1%, and Aftermarket sales account for 5%. The company earns 94% of revenue from domestic sales, while exports make up the remaining 6%.

    Financial Health and Key Indicators

    Tenneco Clean Air India’s financial performance shows remarkable efficiency gains and steady improvements in critical metrics.

    Top-line and bottom-line growth

    Revenue moved from ₹4,827 crore in FY23 to ₹5,468 crore in FY24 before settling at ₹4,890 crore in FY25. The company’s profits kept climbing steadily. Profit After Tax grew from ₹381 crore in FY23 to ₹553 crore in FY25, with a strong CAGR of 20.48%. The company’s Q1FY26 results were positive as PAT increased by 11.8% year-on-year to ₹168.09 crore.

    EBITDA margin and value-added revenue

    The company streamlined its operations significantly. EBITDA margins rose from 11.82% in FY23 to 16.67% in FY25. The EBITDA margin reached 18.61% in FY25 based on Value-Added Revenue calculations. The company achieved this margin growth by optimizing raw material costs and improving operational efficiency.

    Balance sheet strength and net cash position

    A resilient financial position marks Tenneco’s performance with zero debt and strong liquidity. The company’s net cash stood at ₹2,662 million in FY25. Its Net Debt/EBITDA ratio of -0.33× reflects a debt-free status.

    Working capital and asset utilization

    The company stands out with industry-leading returns on capital investment. ROCE hit 56.78% in FY25, while ROE reached 42.65%. The cash conversion cycle improved from -10 days in FY23 to -24 days in FY25. These numbers show the company’s excellent working capital management.

    Should You Invest in Tenneco India IPO?

    You need to weigh several key factors to decide if investing in Tenneco Clean Air India makes sense.

    Strengths and competitive advantages

    Tenneco leads the automotive components sector with impressive numbers. The company holds a 57% market share in clean air solutions for commercial vehicles and 52% share in shock absorbers for passenger vehicles. Their zero debt and net cash position show exceptional financial stability. The negative working capital model (-24 days cash cycle) keeps bringing in steady cash flow. The company’s return on capital stands at 56.78%, making it one of India’s most efficient manufacturing companies.

    Valuation vs peers

    The upper price band of ₹397 puts Tenneco at roughly 29x FY25 earnings, or about 24x based on Q1 FY26 earnings. These numbers look reasonable compared to competitors like Bosch (49.0x), Timken (49.9x), ZF Commercial (50.4x), and Uno Minda (64.9x). All the same, it costs more than SKF India (19.6x) and Sharda Motor (20.1x), which reflects Tenneco’s better returns.

    Expert reviews and broker recommendations

    Analysts remain cautiously optimistic. ICICI Direct gave a “Subscribe” rating because of “reliable business fundamentals, healthy 30%+ return ratios profile and reasonable valuations”. On the other hand, analyst Dilip Davda rated it “Neutral”, suggesting modest expectations. The Grey market premium of 15.1% shows positive market sentiment before listing.

    Who should think about applying?

    This IPO fits investors who want to tap into India’s clean mobility sector for the long haul. It makes sense for those who value double-digit ROE, lean working capital, and growing margins. But careful investors should watch out for risks like high customer concentration (top 10 clients make up 80.57% of revenue) and possible EV transition challenges. The IPO works best for investors with medium-to-long term goals.

    Conclusion

    Tenneco Clean Air IPO makes a strong investment case with its market leadership and outstanding financial performance. The company dominates the market with a 52% share in passenger vehicle shock absorbers and 57% share in commercial truck clean air solutions. Its financial strength shines through industry-leading figures – a 57.3% ROCE and 42.6% ROE that show exceptional capital efficiency.

    Notwithstanding that, investors should know this IPO is purely an offer for sale, so the company won’t receive any direct proceeds. The price band of ₹378-₹397 puts Tenneco at roughly 29x FY25 earnings – a reasonable valuation compared to most peers but somewhat premium to some competitors.

    On top of that, the Grey Market Premium shows 15-16% potential listing gains, reflecting positive market sentiment despite dropping from earlier levels. The company’s negative working capital cycle and zero-debt status definitely make it an attractive option for investors seeking financially stable opportunities.

    Tenneco Clean Air IPO suits investors who want exposure to India’s clean mobility sector and have medium to long-term investment horizons. The company’s decades-old OEM relationships provide stability while its technological edge offers room for growth. Risk-averse investors should think over the high customer concentration risk.

    Strong fundamentals, market leadership, and fair valuation make Tenneco Clean Air IPO worth serious attention for investors looking to vary their portfolio with quality manufacturing stocks. This offering stands out thanks to its mix of profitability, efficiency, and growth potential, even with some inherent risks.

    FAQs

    The price band for the Tenneco Clean Air IPO is set at ₹378 to ₹397 per share.

    Tenneco Clean Air holds a 52% market share in shock absorbers & struts for Indian passenger vehicle OEMs and a 57% market share in Clean Air Solutions for Indian Commercial Trucks OEMs.

    Tenneco Clean Air boasts impressive financial metrics, including a return on capital employed (ROCE) of 57.3% and a return on equity (ROE) of 42.6%.

    Yes, Tenneco Clean Air maintains a robust financial position with zero leverage and a net cash position of ₹2,662 million in FY25.

    The Tenneco Clean Air IPO is suitable for investors seeking exposure to India’s clean mobility sector with a long-term horizon, and those who value companies with double-digit ROE, lean working capital, and expanding margins.

  • Physics Wallah IPO: Full Details, Price, Date, Valuation & Key Insights

    Physics Wallah IPO: Full Details, Price, Date, Valuation & Key Insights

    Physics Wallah’s upcoming IPO has created quite a buzz as the education giant wants to raise ₹3,480 crore through its public issue. The company ranks among India’s top five education companies by revenue and has shown remarkable growth with its affordable business model that revolutionized the education sector.

    The company’s digital community has grown impressively at a CAGR of 41.80% between FY23 and FY25. Physics Wallah’s IPO launch stands out because of its massive user base. The platform serves 4.46 million paid users in FY25, with a strong CAGR of 59.19% between FY23–FY25. The IPO price details show a price band of ₹103 to ₹109 per share, and investors need to buy a lot size of 137 shares. In this piece, you’ll learn everything needed to make an informed investment decision about this predicted blockbuster IPO.

    Physics Wallah IPO Details

    Physics Wallah IPO: Full Details, Price, Date, Valuation & Key Insights

    PhysicsWallah’s mainboard IPO features a book-built issue of ₹3,480 crore. Investors have shown great interest in this public offering because of its smart pricing and detailed structure.

    Issue size and price band

    The IPO combines a fresh issue of 28.44 crore equity shares worth ₹3,100 crore and an offer for sale (OFS) of 3.49 crore equity shares worth ₹380 crore. This structure creates a balance between new capital generation and existing shareholders’ partial exits.

    The company’s price band ranges from ₹103 to ₹109 per share. This pricing makes the edtech company’s valuation attractive to investors while securing enough funds for expansion.

    Lot size and minimum investment

    Retail investors need to buy at least 137 shares. This means investing ₹14,933 at the upper price band. They can apply for up to 13 lots (1,781 shares), which comes to ₹1,94,129.

    Small HNIs have the option to bid between 14 and 66 lots (9,042 shares). Their investment range falls between ₹2,09,062 and ₹9,85,578. Big HNIs must start with 67 lots (9,179 shares) at minimum, requiring ₹10,00,511.

    Registrar and lead manager

    MUFG Intime India Private Limited serves as the IPO’s registrar. Four major financial institutions handle the book-running lead management:

    • Kotak Mahindra Capital Company Limited
    • JP Morgan India Private Limited
    • Goldman Sachs (India) Securities Private Limited
    • Axis Capital Limited

    Physics wallah ipo date and price

    The subscription window runs for three days from November 11, 2025, to November 13, 2025. The basis of allotment will be ready by November 14, 2025.

    Successful applicants will see shares in their demat accounts on November 17, 2025. Refunds will be processed the same day. Physics Wallah shares will start trading on BSE and NSE on November 18, 2025.

    The company has allocated its issue across different investor categories: up to 75% for Qualified Institutional Buyers, at least 15% for Non-Institutional Investors, and a minimum of 10% for retail investors.

    IPO Timeline and Key Dates

    Investors looking to buy shares in Physics Wallah’s IPO need to pay attention to these key dates. The edtech giant has laid out a clear timeline that shows exactly when and how investors can take part in the public offering.

    IPO opening and closing dates

    Physics Wallah’s IPO will stay open for three days, starting November 11, 2025, and ending November 13, 2025. Investors must place their bids within this window. The UPI mandate deadline ends at 5 PM on November 13. This makes it vital for investors to submit their applications before time runs out.

    Allotment and refund schedule

    The company will finalize the basis of allotment on November 14, 2025. Unsuccessful applicants will get their refunds on November 17, 2025. The same day, successful bidders will see their shares appear in their demat accounts.

    Listing date on NSE and BSE

    Physics Wallah shares will make their market debut on November 18, 2025. The shares will start trading on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). This date marks the first day anyone can buy or sell these shares in the open market.

    Physics wallah ipo launch date

    The November 11, 2025 launch date stands as a milestone in the edtech sector. The complete schedule includes other dates investors should know:

    • Mandate end date: November 28, 2025
    • Lock-in period end date for anchor investors (50%): December 14, 2025
    • Lock-in period end date for anchor investors (remaining portion): February 12, 2026

    These dates might change based on regulatory approvals and market conditions. The company and its lead managers aim to stick to this timeline to help all stakeholders plan better for this major public offering

    Findoc Official WhatsApp Channel

    Financial Performance Overview

    PhysicsWallah’s financial journey shows impressive growth as the company gets ready for its predicted IPO. The edtech platform has shown remarkable revenue growth and smart cost management, making it stand out in India’s competitive education sector.

    Revenue and profit trends (FY23–FY25)

    PhysicsWallah’s revenue soared from ₹744.32 crore in FY23 to ₹1,940.71 crore in FY24. The numbers climbed further to ₹2,886.64 crore in FY25. This growth represents a compound annual growth rate (CAGR) of nearly 97% during this period. The company’s path to profitability faced some hurdles. Losses grew from ₹84.07 crore in FY23 to ₹1,131.13 crore in FY24. However, PhysicsWallah bounced back and cut these losses by 78% to ₹243.25 crore in FY25.

    The company now earns from multiple sources. Online courses brought in ₹1,404.0 crore in FY25, while offline centers added ₹1,351.9 crore. Both channels grew by about 46%. Product sales from books and student merchandise contributed another ₹259.2 crore.

    EBITDA and asset growth

    PhysicsWallah’s operational efficiency turned a corner in FY25. The company posted a positive EBITDA of ₹193.19 crore, up from negative ₹829.35 crore in FY24. This shift led to an EBITDA margin of 6.7%, a big jump from -42.7% in FY24. The company’s total assets grew from ₹2,082.18 crore in FY23 to ₹4,156.38 crore in FY25.

    Current assets reached ₹2,237 crore by March 2025, with ₹175 crore in cash and bank balances. The company remains debt-free and holds over ₹2,000 crore in treasury.

    User base and monetization metrics

    The platform’s paid users grew by 153.4%, jumping from 1.76 million in FY23 to 4.46 million in FY25. Student enrollment reached 45 lakh in FY25, up from 30 lakh the previous year. Online users hit 4.13 million unique transactions in FY25, while offline centers brought in 0.33 million students.

    User engagement numbers tell a success story. Daily active users jumped from 0.93 million in FY23 to 2.70 million in FY25. Students spent more time on the platform too – from 93 minutes to 111 minutes daily. The average collection per online user (ACPU) hit ₹3,682.79 in FY25. Offline ARPU improved from ₹34,467 in FY23 to ₹40,405 in FY25.

    Business Model, Strengths and Risks

    The upcoming PhysicsWallah Ltd IPO offers a chance to review the company’s operational framework that reveals both impressive strengths and notable challenges. Alakh Pandey’s edtech platform has created a unique position in India’s competitive education world.

    Multi-channel education delivery

    PhysicsWallah runs through a three-pronged delivery model that combines online platforms, offline centers, and hybrid learning hubs. The company runs 303 offline centers nationwide with over 6,200 faculty members and 5,000+ non-teaching staff. The offline business generated 48.75% of total revenue as of June 2025, showing its growing physical presence.

    Affordable pricing and brand trust

    Affordability stands as PhysicsWallah’s competitive edge. Their JEE courses cost approximately ₹4,500 while competitors charge around ₹75,000. This pricing strategy has built a massive YouTube ecosystem with 206 channels and 98.8 million subscribers as of June 2025.

    AI-powered learning tools

    PhysicsWallah’s technology team of 548 members has developed several innovative AI tools:

    • AI Guru: Answers 2.82 million student queries monthly
    • Smart Doubt Engine: Provides instant in-class query resolution
    • AI Grader: Evaluated over 304,202 written responses between August 2024-June 2025

    Net losses and negative net worth

    PhysicsWallah reported net losses of ₹225.76 crore in FY25 despite strong growth. The company had a negative net worth of ₹861.79 crore as of March 31, 2024. High operating costs caused these losses.

    Regional revenue concentration

    Geographical concentration poses a risk as much offline revenue comes from Delhi-NCR (10.53%), Patna (8.21%), and Calicut (5.82%) as of Q1FY26. Student enrollments in Kota dropped from 27,158 in FY23 to 11,540 in FY25.

    Category dependency risks

    NEET, JEE, and UPSC streams generate over half of PhysicsWallah’s revenue. Online transacting users cluster in four core categories: NEET (26.64%), JEE (15.63%), Government Examinations (12.33%), and Foundation Courses (17.61%) as of June 2025.

    Conclusion

    Physics Wallah faces a crucial moment with its upcoming ₹3,480 crore IPO. The company showed remarkable financial growth with revenue soaring at a 97% CAGR. It also cut losses by 78% in FY25. This impressive turnaround and positive EBITDA suggest a clear path to profitability.

    Before the November IPO, investors should look at several key strengths. The company’s pricing model sets it apart from competitors by a lot – JEE courses cost ₹4,500 compared to ₹75,000 elsewhere. Physics Wallah’s strategy combines online platforms with 303 offline centers, which creates multiple revenue streams and strengthens its market position.

    The numbers tell a compelling story. Paid users jumped from 1.76 million to 4.46 million between FY23 and FY25. Daily active users almost tripled to 2.7 million in the same period. These figures show Physics Wallah’s success in attracting students across various educational segments.

    Yet investors need to weigh some risks carefully. Despite better financials, the company still reports net losses. Geographic revenue concentration remains a challenge. The heavy reliance on exam preparation streams like NEET, JEE, and UPSC makes it vulnerable to regulatory changes.

    The share price band of ₹103-₹109 puts Physics Wallah’s valuation in a competitive spot within the edtech sector. With no debt and a ₹2,000+ crore treasury, the company has the resources to keep expanding.

    This IPO marks a major milestone for India’s education technology sector. Physics Wallah’s trip from YouTube channel to major edtech platform shows how affordable, quality education can reach nationwide while building real business value. Investors will need to decide if the company’s growth path and vision are worth backing when subscriptions open on November 11, 2025.

    FAQs

    The Physics Wallah IPO aims to raise ₹3,480 crore, with a price band of ₹103-₹109 per share. The issue opens on November 11, 2025, and closes on November 13, 2025. The minimum lot size is 137 shares, requiring an investment of ₹14,933 at the upper price band.

    Physics Wallah has shown impressive revenue growth, increasing from ₹744.32 crore in FY23 to ₹2,886.64 crore in FY25. The company turned EBITDA positive in FY25 with ₹193.19 crore, and successfully reduced its losses by 78% from FY24 to FY25.

    Physics Wallah operates through a multi-channel approach, combining online platforms, offline centers, and hybrid learning hubs. Its key strengths include affordable pricing, a strong brand trust, and AI-powered learning tools. The company has 303 offline centers and over 6,200 faculty members.

    Some risks include the company’s net losses and negative net worth, regional revenue concentration (particularly in Delhi-NCR, Patna, and Calicut), and category dependency on exam preparation streams like NEET, JEE, and UPSC.

    Physics Wallah’s paid user base has expanded significantly, growing from 1.76 million in FY23 to 4.46 million in FY25. Daily active users increased from 0.93 million to 2.70 million in the same period, with average engagement time rising from 93 minutes to 111 minutes daily.

  • How Gen Z Is Redefining Money in India?

    How Gen Z Is Redefining Money in India?

    India’s 377 million Gen Z population drives 43% of consumer spending, which adds up to about $860 billion. This economic force will likely hit $2 trillion by 2035 and reshape how money flows through our economy.

    Gen Z shows remarkable discipline in building wealth – 93% keep saving money and set aside 20-30% of their income. They differ from earlier generations as 58% choose stock investments over traditional options like mutual funds or fixed deposits. Their approach aligns with FIRE (Financial Independence Retire Early) principles, and 65% aim to achieve financial independence before turning 25.

    These ambitious goals come with real challenges – 40% of Gen Z struggle to stretch their salary until month-end. They find smart solutions through fintech and spend 1.8 times more time on financial education features than millennials. On top of that, 64% prefer financial apps that match their personal values, such as ethical investing.

    This piece dives into Gen Z’s unique money mindset, their digital-first approach, and what they want from financial services. Their values have altered the map of India’s fintech space. Their push for financial independence creates new money patterns that reflect their generation’s needs and aspirations.

    The digital-first generation and their financial habits

    Gen Z views money through smartphone screens instead of bank counters. This generation, born between 1997-2012, has changed India’s financial world with their digital-first mindset that shows what matters to them.

    Why Gen Z prefers digital over traditional banking

    Gen Z makes banking choices based on convenience, and 63% choose online or mobile banking rather than visiting branches. They want their banking experience to feel like their favorite apps—with an accessible interface that’s always available and tailored to their needs. Traditional banking features like reputation or legacy barely matter, as only 3% of young Indians consider these important.

    Neo-banks have emerged as popular choices, with 67% of Gen Z and millennials using these digital-only platforms. These platforms help users avoid long queues, paperwork, and restricted hours while offering round-the-clock service.

    Multiple accounts, UPI, and instant payments

    About 48% of Gen Z keeps multiple bank accounts and splits their money for different uses. UPI has become essential to their financial lives—68% use it because it’s easy and offers cashback benefits. PhonePe leads with 40% users, followed by Google Pay at 35%, and Paytm at 20%.

    UPI usage keeps growing rapidly, with monthly transactions crossing 10 billion in 2023. Gen Z shows almost complete UPI adoption and uses these apps not just to pay but also to monitor their spending.

    Saving and spending patterns of Gen Z

    In stark comparison to what people think, 93% of Gen Z keeps saving money regularly, setting aside 20–30% of their income. Their approach is different from earlier generations—they value experiences as much as building wealth. A financial advisor points out, “Gen-Z is not careless with money. They are disciplined savers and bold investors – but unlike 90s kids, they refuse to postpone life”.

    This generation practices what experts call “soft saving”—they enjoy the present while staying financially responsible. More than 70% prefer a better quality of life over extra savings, showing their calculated response to economic uncertainty.

    Credit cards have caught Gen Z’s attention, with 46% choosing them for rewards and 36% for convenience. However, 35% admit to overspending or making impulse purchases because UPI makes transactions so easy, showing both benefits and risks of digital finance.

    Findoc Official WhatsApp Channel

    What Gen Z expects from financial services

    Gen Z wants more than just basic banking services – they look for experiences that match their values and digital lifestyle. These smartphone-era consumers expect their banking to work just as smoothly as their favorite apps.

    Personalization and real-time insights

    Personalization stands at the core of Gen Z’s banking expectations. The numbers tell an interesting story – 71% have at least one fintech account, while only 53% of Millennials do. They want their financial services to be as user-friendly as ordering food delivery, and they expect pages to load in under 3 seconds. On top of that, 42% place high importance on getting personalized recommendations.

    These tech-savvy users gravitate toward platforms that offer:

    • Clear pricing with instant notifications
    • Quick payments and account updates
    • Simple connections with other digital tools

    About half of Gen Z keeps multiple accounts to separate money for different goals. This explains why they like AI-powered platforms that give tailored recommendations, analyze spending, and help track goals.

    Transparency and ethical practices

    Gen Z cares about more than just convenience – they value honesty and social impact. A remarkable 73% will spend extra on eco-friendly products, and 64% would switch banks if their current one doesn’t meet ethical standards.

    The numbers speak volumes – 95% of Gen Z investors factor in ethical considerations when making decisions. They look for banks that:

    • Put money in ethical funds
    • Back diversity and inclusion programs
    • Reduce carbon footprints
    • Show exactly how they use customer money

    Money serves as a tool for change in this generation’s hands, drawing them toward finance apps that share their values.

    Gamification and emotional design

    Banking becomes memorable when it creates an emotional connection. Gen Z spends roughly 7 hours each day gaming, which makes game-like financial experiences highly effective. Research shows these experiences boost user participation by almost 50%.

    Financial brands that use gaming elements – like challenges, rewards, and progress tracking – build stronger customer relationships. The addition of emotional design touches, such as friendly wording, relatable comparisons, and attractive interfaces, helps make finance less scary.

    Game-like features help bridge Gen Z’s knowledge gaps in finance, since they scored lowest among all generations, getting only 43% of financial literacy questions right.

    How Gen Z is reshaping fintech in India

    Gen Z’s fresh expectations and behaviors are reshaping India’s fintech world. They do more than just use financial technology—they actively shape its future.

    Fintechs adapting to Gen Z behavior

    Fintech companies now prioritize emotional connection over utility to catch Gen Z’s attention. These users dedicate 1.8 times more time to financial education features than millennials. This trend has pushed platforms to weave learning into their core experience. Companies have reimagined their interfaces with:

    • AI-powered dashboards that boost user involvement
    • Clear pricing without hidden fees
    • Features that let users connect with peers through shared financial goals

    Traditional banks have noticed this change. Grip Invest, backed by Stride Ventures, added a “sell anytime” option that lets investors exit bonds after two months. This move cut customer acquisition costs by 25%. Super.money launched direct cashback rewards on UPI payments, which made user engagement jump 2.5 times.

    Rise of value-based and sustainable finance

    ESG factors shape Gen Z’s money decisions. About 64% of them choose fintech apps that match their personal values, particularly sustainability and ethical investing.

    Wealth management firms have adapted to this generation’s focus on purpose-driven finance. They now offer sustainable investing options and put ethical considerations at the heart of their strategy. ESG-focused portfolios and thematic ETFs grow more popular as young investors build wealth.

    Social investing and creator-led platforms

    Financial creators like Rachana Ranade, Sharan Hegde, and Anushka Rathod have changed how people learn about finance through short videos. They break down complex financial ideas and help bridge the gap between theory and ground application.

    Reddit hosts communities where users share investment strategies and market trends, which promotes group learning. Creator-led financial platforms represent the next step—trusted personalities now build their own financial services based on authenticity rather than institutional backing.

    The future of money: Built by and for Gen Z

    The next decade will see Gen Z not just using financial products—they will design their own financial ecosystems. Gen Z stands to become the wealthiest generation by approximately 2035, thanks to wealth transfer from Baby Boomers.

    Gen Z-led startups and financial ecosystems

    Young founders now create startups that reflect their generation’s values—transparent, inclusive, and purpose-driven. Pune-based Deciml App, to name just one example, turns spare change from everyday digital transactions into mutual fund investments. Users can start investing with as little as ₹5. This change shows Gen Z’s broader vision of financial services that combine technology with authentic connection.

    FIRE financial independence and early planning

    Gen Z professionals have embraced the FIRE (Financial Independence, Retire Early) movement enthusiastically. About 67% of Indians now think about early retirement, and some want to retire as young as 33. Gen Z members want to retire by 40. They live frugally and start investments early to reach this goal. A Gen Z TikTok influencer put it well: “I tell people I want to retire at 40, they laugh, but I have a plan”.

    Bridging the gap between freedom and foresight

    Three in four Gen Zers started serious financial planning between ages 18-25. Yet only 46% feel confident about their financial knowledge. This generation combines early action with technology-driven tools to create new wealth-building opportunities. Gen Z’s financial revolution goes beyond wealth accumulation—it designs financial systems that enable autonomy, purpose, and balance.

    Conclusion

    Gen Z is pioneering India’s financial development through their digital-native behaviors. Their approach merges contrasting elements – they save with discipline yet spend on experiences. They blend tech-savvy practices with human connections and balance instant rewards with future planning.

    This generation charts their own path to wealth instead of following traditional financial advice. Gen Z shows remarkable financial maturity despite economic hurdles. Most save 20-30% of their income and embrace the FIRE philosophy.

    Financial institutions must evolve or become obsolete. Success depends on offering customized services, ethical practices, emotional design, and complete transparency. Platforms that see money beyond wealth creation will thrive. Money serves as a tool to express values and build meaningful lives.

    Gen Z demonstrates better financial literacy than previous generations at their age, but knowledge gaps still exist. These gaps create room for innovative education through platforms that speak their language – visual, interactive, and community-driven.

    The changes go deeper than new spending habits or investment priorities. India’s financial ecosystem is being rebuilt by a generation that connects purpose with profit. Their approach combines innovative technology with human values to create systems that deliver both freedom and security.

    Gen Z’s financial revolution shows something hopeful – when money arranges with personal values and flows through thoughtful technology, it becomes more than wealth. It creates lives worth living.

    FAQs

    Gen Z in India is taking a digital-first approach to money management. They prefer online and mobile banking, use multiple accounts for different purposes, and heavily rely on UPI for instant payments. Despite being tech-savvy, they’re also disciplined savers, often setting aside 20-30% of their income.

    Gen Z in India is drawn to financial services that offer personalization, real-time insights, and align with their values. They prefer platforms with transparent pricing, instant payments, and easy integration with other digital tools. Many are also interested in ethical investing and sustainable finance options.

    Gen Z is reshaping India’s fintech landscape by demanding more engaging and value-driven services. This has led to the rise of gamified financial experiences, social investing platforms, and creator-led financial content. Fintech companies are adapting by offering more personalized, transparent, and ethically-aligned services.

    FIRE (Financial Independence, Retire Early) is a movement gaining traction among Gen Z in India. Many are aiming to retire by 40, living frugally and investing early to achieve this goal. This reflects their desire for financial autonomy and work-life balance, with some starting serious financial planning as early as 18-25 years old.

    While Gen Z shows impressive financial discipline, they face challenges such as overspending due to the ease of digital transactions. Additionally, only 46% feel confident in their financial knowledge, indicating a need for more accessible financial education. Balancing their desire for experiences with long-term financial goals is another ongoing challenge for this generation.