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Grasim Ltd -Research Report
Grasim Industries, an Aditya Birla Group firm, leads in cement, chemicals, paints & fibres, driving India's infrastructure & consumption growth.
Welcome To SmartInvestment
Wednesday, October 15, 2025
Global Events
World Markets.....
US Market Mix
Dow UP 202 (+0.44%)
NASDAQ down 172 (-0.76%), S&P down 10 (-0.16%)
European Market Mix
FTSE UP 9 (+0.10%), CAC down 14 (-0.18%),
DAX down 150 (-0.62%)
Asian Markets Positive
Nikkei UP 612 (+1.31%), Hang S. UP 261 (+1.03%),
Taiwan UP 282 (+1.06%), Kospi UP 65 (+1.85%)
Shanghai UP 3 (+0.08%), St.T UP 20 Points (+0.48%)
---------------------------------------------------------------------------
GIFT Nifty UP 82 Points (25,288)
DOW Future UP 67 Points
NASDAQ Futures UP 61 Points
Brent Crude down 0.26% and near at 62.23/bbl
---------------------------------------------------------------------------
Trump threaten China for Cooking Oil trade
US Bond Yield flat at 4.2 and
Dollar Index at 98.99
Fed Chief Powell said that the
economy is in a low-hiring, low-firing trend,
yet acknowledged that risks to the labor market
had increased, compared to inflation.
The US and China began charging
additional port fees on ocean shipping firms
that move everything from holiday toys to
crude oil. Additionally, US President
Donald Trump said that he could still
impose 100% tariffs on China on Nov. 1
Boston Fed Susan Collins was slightly hawkish
as she said inflation continues to be top of mind,
adding that even with some additional easing,
policy would remain “mildly restrictive.”
Germany's ZEW saw Economic Sentiment fall
shy of expectations, 39.3, below estimates
of 41 but above the previous reading of 37.3.
UK jobless rate ticks up to 4.8% as hiring
momentum slows sharply in latest report.
All Eyes On....
USD : Empire State Manufacturing Index
USD : FOMC Member Miran,
Breeden and Waller Speaks (USD)
--------------------
Domestic Events
Dollar Index down 0.20% at 98.87
Rupees down 11 Paisa to close at 88.79 against US$
Sector Watch
OMCs, Paints, Tyres, Insurance,
\NBFC, Infra, PSU Banking
Sector Avoid
Metal, PSU
Indian Markets Trend
Markets to bounce back with
Gap up opening in near term
Nifty-50 likely to touch 25250 and Sensex 82300 levels
Overall smart rally to continue during the session
Result related stocks to remain in limelight
------
WPI cools to 0.13% in Sept, as Food price fall
LG India leaps 48% on debut,
Exceeds korean parent in market cap
Primary Markets
Rubicon Research IPO Subscribed 109.35x on final day
Canara Robeco IPO Subscribed 9.74x on final day
Canara HSBC IPO Subscribed 2.30x on final day
Listing on 16th October, 2025
(1) Rubicon Research Main board IPO
(2) Canara Robeco Main Board IPO
Listing on 17th October, 2025
(1) Anantam Highwasy InvIT
(2) Canara HSBC Life Mainboard IPO
(3) Shlokka Dyes BSE SME IPO
(4) SK Minerals BSE SME IPO
(5) Sihora Industries BSE SME IPO
-----------------------------------------------
Q2FY26 Results
Axis Bank, HDFC Life, Angel One,
Oberoi, KEC Intl., IRFC, L&T Fin.
Indices
NDIAN INDICES CLOSED ON 15-10-025
| Indices | Closing | Plus/Minus |
|---|---|---|
| Sensex | 82603.43 | 575.45 |
| Nifty 50 | 25323.55 | 178.05 |
| Nifty Bank | 56799.90 | 303.45 |
| Nifty Midcap 100 | 58970.00 | 645.6 |
| Nifty Smallcap 100 | 18,088.05 | 147.90 |
| India VIX | 10.53 | 0.15 |
Daily Level
Daily Level : 15-10-2025
| Stocks | Sup-1 | Sup-2 | Sup-3 | Resi-1 | Resi-2 | Resi-3 |
|---|---|---|---|---|---|---|
| NIFTY | 25161 | 25095 | 25016 | 25201 | 25268 | 25348 |
| Bank Nifty | 56644 | 56434 | 56228 | 56703 | 56913 | 57121 |
| Max HC | 1156 | 1148 | 1139 | 1164 | 1172 | 1181 |
| Apollo Hospital | 7744 | 7703 | 7660 | 7766 | 7806 | 7850 |
| Tata Motors | 390 | 383 | 376 | 392 | 404 | 416 |
| Dr. Redys Lab | 1234 | 1225 | 1217 | 1242 | 1251 | 1260 |
Momentum Buy Call
|
Sr. |
Co. Name |
CMP |
Buy above |
SL |
Target |
Trading Session |
|---|---|---|---|---|---|---|
|
1 |
MTAR Technologies |
2127 |
2135 |
2070 |
2170 to 2195 |
7 to 10 |
Foreign Institutional Investors
FII Activites (Rs. in Cr. )
| Date | Day | Gross Purchase | Gross Sale | Net Purchase |
|---|---|---|---|---|
| 13-10-2025 | Monday | 8085.41 | 8325.51 | -240.10 |
| 14-10-2025 | Tuesday | 10487.86 | 12356.39 | -1508.53 |
| 15-10-2025 | Wednesday | 14013.54 | 13944.90 | 68.64 |
Domestic Institutional Investors
DII Activites (Rs. in Cr. )
| Date | Day | Gross Purchase | Gross Sale | Net Purchase |
|---|---|---|---|---|
| 13-10-2025 | Monday | 14960.78 | 12627.36 | 2332.42 |
| 14-10-2025 | Tuesday | 16384.50 | 12723.37 | 3661.13 |
| 15-10-2025 | Wednesday | 16214.69 | 11564.61 | 4650.08 |
Most Buzzing Stocks
| Stocks | CMP | Stocks | CMP |
|---|---|---|---|
| Thyrocare | 1278.00 | ICICI Lombard | 1864.00 |
| Angel One | 2404.00 | Tech Mahindra | 1468.00 |
| Godrej Properties | 2057.00 | SKF India | 5008.00 |
| Persistent Sys. | 5335.00 | Hyundai | 2411.00 |
| DCM Shriram | 1166.00 | Mishra Dhatu | 286.00 |
| Cyient DLM | 465.00 | Lemon Tree | 161.00 |
| IOC | 105.00 | Pidilite | 1491.00 |
| Asian Paints | 2318.00 | Interglobe Av. | 5759.00 |
Stock Watch LT
| Stocks | CMP | Stocks | CMP |
|---|---|---|---|
| Dixon Tech | 16,654.00 | CAMS | 3780.00 |
| AVenue Super | 4205.00 | KEI Ind | 4361.00 |
| MCX | 9397.00 | Adani Port | 1429.00 |
| Titan | 3537.00 | SML Isuzu | 3107.00 |
Fundamental Stocks
| Stocks | CMP | Stocks | CMP |
|---|---|---|---|
| Awfis | 589.00 | Swiggy | 440.00 |
| AU Small | 772.00 | Leela Palaces | 440.00 |
Technical Stocks
| Stocks | CMP | Stocks | CMP |
|---|---|---|---|
| Shobha | 1439.00 | 360 One Wam | 1125.00 |
| Wipro | 248.00 | KEC Int. | 587.00 |
| TVS Motors | 3505.00 | Metropolis | 1957.00 |
| HDFC Bank | 977.00 | BPCL | 332.00 |
| Torrent Power | 1294.00 | Max Fin | 1611.00 |
Buy Stock for Today
| Stocks | CMP | SL | Target | Holding period |
|---|---|---|---|---|
| - | - | - | - | 6 to 8 Weeks |
Sell Stock for Today
| Stocks | CMP | Stocks | CMP |
|---|---|---|---|
| Sula Vineyards | 249.00 | Kolte Patil | 418.00 |
| RVNL | 333.00 | NBCC | 110.00 |
| Piramal Pharma | 192.00 | Sun TV | 370.00 |
Stock in Action
| Stocks | CMP | Stocks | CMP |
|---|---|---|---|
| Ola ELe | 50.00 | Star Cement | 266.00 |
| Federal Bank | 215.00 | Motherson Sumi | 105.00 |
| BEL | 402.00 |
Primary Markets
Main Line IPOs
| Issue Name |
Open Date & Close Date |
Issue Size | Price |
Market Lot (Minimum Application) |
Listing | Lead Manager |
Rating (Out of 50%) & Recommendation |
|---|---|---|---|---|---|---|---|
| Midwest Ltd. |
15-10-2025 to 17-10-2025 |
Fresh 23,47,417 Shares OFS 18,87,323 Shares Total 42,34,740 Shares Rs 451.00Cr |
1014 to 1065 Fv Rs 5 |
14 Shares Rs 14,910 |
BSE & NSE |
Dam Capital Intensive Fiscal Motilal Oswal Investments |
28% Wait for Listing (Pricey - Risky Bet) |
NSE EMERGE IPO's
| Issue Namek |
Open Date & Close Date |
Issue Size | Price |
Market Lot (Minimum Application) |
Listing |
Lead Manager |
Rating (Out of 50%) & Recommendation |
|---|---|---|---|---|---|---|---|
| - |
- |
- |
- |
- |
- |
- |
- |
BSE SME IPO's
| Issue Name |
Open Date & Close Date |
Issue Size | Price |
Market Lot (Minimum Application) |
Listing |
Lead Manager |
Rating (Out of 50%) & Recommendation |
|---|---|---|---|---|---|---|---|
| Riddhi Display Equipments | -- |
24,68,400 Shares Rs 24.68 Cr |
95 to 100 FV Rs 10 |
2400 Shares Rs 2,40,000 |
BSE SME | Jawa Capital |
33% Apply for Long Term |
| Shipwaves Online | -- |
4,69,60,000 Shares Rs 56.35 Cr |
12 FV Rs 1 |
20000 Shares Rs 2,40,000 |
BSE SME | Finshore Management |
34% Apply for Mid to Long Term |
Grey Market Premium
Main Line IPOs
Grey Market Premium |
||||||||
|---|---|---|---|---|---|---|---|---|
|
Sr. No. |
Min. Lot Size (Shares) |
Offer Price | Premium |
Kostak Price (Minimum Appl.) |
Subject to Sauda |
|||
| 1 | Anantam Highways (Listing on 17th Oct.) | InvIT | 98 to 100 | 0.00 | - | |||
| Small HNI / Big HNI | - | |||||||
| 2 | Rubicon Research (Listing on 16th Oct.) | Main Board | 30 | 461 to 485 | 125 to 127 | 3,000 | ||
| Small HNI / Big HNI | 40,500 | |||||||
| 3 | Canara Robeco (Listing on 16th Oct.) | Main Board | 56 | 253 to 266 | 10 to 11 | 500 | ||
| Small HNI / Big HNI | 7,000 | |||||||
| 4 | Canara HSBC Life (Listing on 17th Oct.) | Main Board | 140 | 100 to 106 | +/-5 | -- | ||
| Small HNI / Big HNI | -- | |||||||
| 5 | Midwest (Listing on 24th Oct.) | Main Board | 14 | 1014 to 1065 | 143 to 145 | -- | 1,500 | |
| Small HNI / Big HNI | 21,000 | |||||||
SME IPOs
Grey Market Premium |
||||||
|---|---|---|---|---|---|---|
|
Min. Lot Size (Shares) |
Offer Price | Premium |
Subject to Sauda as per Premium (For 1 Lot)- |
|||
| Shlokka Dyes (Listing on 17th Oct.) | BSE SME | 2400 | 90 to 95 | Discount | ||
| Mittal Sections (Listing Today) | BSE SME | 2000 | 136 to 143 | Discount | ||
| SK Minerals & Additives (Listing on 17th Oct.) | BSE SME | 2000 | 120 to 127 | 0.00 | ||
| Sihora Industries (Listing on 17th Oct.) | BSE SME | 4000 | 66 | 0.00 | ||
| Riddhi Display Equipments | BSE SME | 2400 | 95 to 100 | 0.75 to 1 | 900 | |
| Shipwaves Online | BSE SME | 20000 | 12 | 0.00 | -- | |
Subscription Figure of Particular IPO’s
Subscription Figure of Rubicon Research
|
Investor Category |
Shares Offered |
1st Day Subscribed 9-10-2025 |
2nd Day Subscribed 10-10-2025 |
3rd Day Subscribed 13-10-2025 |
|---|---|---|---|---|
|
QIB |
85,06,804 |
0.27x |
2.22x |
137.09x |
| NII | 42,54,299 | 0.49x | 1.92x | 102.70x |
| Retail | 28,36,200 | 1.43x | 4.16x | 37.40x |
| EMP | 40,046 | 0.97x | 2.33x | 17.68x |
| Total | 1,56,37,349 | 0.54x | 2.49x | 109.35x |
Subscription Figure of Canara Robeco Asset
|
Investor Category |
Shares Offered |
1st Day Subscribed 9-10-2025 |
2nd Day Subscribed 10-10-2025 |
3rd Day Subscribed 13-10-2025 |
|---|---|---|---|---|
|
QIB |
2,84,07,124 |
0.00x |
0.00x |
25.92x |
| NII | 74,78,154 | 0.23x | 0.53x | 6.45x |
| Retail | 1,74,49,025 | 0.36x | 0.874x | 1.91x |
| Total | 6,82,90,609 | 0.21x | 0.44x | 9.74x |
Subscription Figure of Canara HSBC
|
Investor Category |
Shares Offered |
1st Day Subscribed 9-10-2025 |
2nd Day Subscribed 10-10-2025 |
3rd Day Subscribed 13-10-2025 |
|---|---|---|---|---|
|
QIB |
11,79,75,000 |
0.03x |
0.32x |
7.05x |
| NII | 3,53,92,500 | 0.05x | 0.14x | 0.33x |
| Retail | 8,25,82,500 | 0.14x | 0.28x | 0.42x |
| EMP | 15,50,000 | 0.47x | 1.17x | 2.06x |
| Total | 30,82,85,000 | 0.09x | 0.27x | 2.30x |
Subscription Figure of Midwest
|
Investor Category |
Shares Offered |
1st Day Subscribed 15-10-2025 |
2nd Day Subscribed 16-10-2025 |
3rd Day Subscribed 17-10-2025 |
|---|---|---|---|---|
|
QIB |
21,12,184 |
0.52x | - | |
| NII | 6,33,655 | 4.39x | ||
| Retail | 14,78,529 | 1.69x | ||
| EMP | 10,373 | 2.69x | ||
| Total | 55,02,346 | 1.94x |
Subscription Figure of SME IPO
|
IPO |
SME |
Day |
Overall Subscribed |
|---|---|---|---|
| Shlokka Dyes | BSE SME | Issue Closed On 14-10-2025 | 1.12x |
| SK Minerals & Additives | BSE SME | Issue Closed On 14-10-2025 | 3.52x |
| Sihora Industries | BSE SME | Issue Closed On 14-10-2025 | 1.27x |
| Riddhi Display Equipments | BSE SME | -- | |
| Shipwaves Online | BSE SME | -- |
Performance of our Last Recommendation
Extra Field
Important Date of Current Main Line Issue
| IPOs Name | IPO |
Closes Date |
Basis of Allotment |
Refund / Unblock Amount |
Credit of Shares To Demat |
Listing Date |
|
|---|---|---|---|---|---|---|---|
| Tata Capital | Main Board | 8-10-2025 | 9-10-2025 | 10-10-2025 | 10-10-2025 | 13-10-2025 | |
| LG Electronics India | Main Board | 9-10-2025 | 10-10-2025 | 13-10-2025 | 13-10-2025 | 14-10-2025 | |
| Rubicon Research | Main Board | 13-10-2025 | 14-10-2025 | 15-10-2025 | 15-10-2025 | 16-10-2025 | |
| Anantam Highways | Main Board | 9-10-2025 | 14-10-2025 | 16-10-2025 | 16-10-2025 | 17-10-2025 | |
| Canara Robeco Asset | Main Board | 13-10-2025 | 14-10-2025 | 15-10-2025 | 15-10-2025 | 16-10-2025 | |
| Canara HSBC | Main Board | 14-10-2025 | 15-10-2025 | 16-10-2025 | 16-10-2025 | 17-10-2025 | |
| Midwest Ltd | Main Board | 17-10-2025 | 20-10-2025 | 23-10-2025 | 23-10-2025 | 24-10-2025 | |
Important Date of Current SME Issue
| IPOs Name | IPO |
Closes Date |
Basis of Allotment Tentative |
Refund / Unblock Amount |
Credit of Shares To Demat |
Listing Date |
|
|---|---|---|---|---|---|---|---|
| Mittal Sections | BSE SME | 9-10-2025 | 10-10-2025 | 13-10-2025 | 13-10-2025 | 14-10-2025 | |
| Shlokka Dyes | BSE SME | 14-10-2025 | 15-10-2025 | 16-10-2025 | 16-10-2025 | 17-10-2025 | |
| SK Minerals & Additives | BSE SME | 14-10-2025 | 15-10-2025 | 16-10-2025 | 16-10-2025 | 17-10-205 | |
Listing Day Trading Information
| IPO | SME / Main Line |
Listing Date |
Code | Offer Price |
Listing Price |
Listing Day High |
Listing Day Low |
Listing Day Close |
|
|---|---|---|---|---|---|---|---|---|---|
| Tata Capital | Main Board | 13-10-2025 | 55574 | 326.00 | 330.00 | 332.80 | 326.15 | 330.40 | |
| Mittal Sections | BSE SME | 14-10-2025 | 544575 | 143.00 | 114.40 | 114.40 | 108.70 | 108.70 | |
| LG Electronics India | Main Board | 14-10-2025 | 544576 | 1140.00 | 1715.00 | 1736.00 | 1650.05 | 1689.40 | |
| Rubicon Research | Main Board | 16-10-2025 | 461 to 485 | ||||||
| Canara Robeco Asset | Main Board | 16-10-2025 | 253 to 266 | ||||||
| Shlokka Dyes | BSE SME | 17-10-20252 | 88 to 91 | ||||||
| Canara HSBC | Main Board | 17-10-2025 | 100 to 106 | ||||||
| Anantam Highways | InvIT | 17-10-2025 | |||||||
| SK Minerals & Additives | BSE SME | 17-10-2025 | 120 to 127 | ||||||
| Midwest Ltd. | Main Board | 24-10-2025 | 1014 to 1065 | ||||||
| Riddhi Display Equipments | BSE SME | 95 to 100 | |||||||
| Shipwaves Online | BSE SME | -- | 12 | ||||||
About
Smart Investment which is a part of Archi publications, a division of Archi Finmark and Communications Ltd. founded by Late Shri Kantilal M. Shah in year 2000, which is an ISO 9001:2008 (QMS)
Mission
To prosper as a Publication firm by working hand in hand with our writers and educate investors through our services and publications.
Vision
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Breaking News
Daily Derivative Report -BY YAGNESH PATEL
Derivative data | Market forecast for next day | Highest OI in stocks |Pivot levels for 5 stocks for next day
Subros Ltd - Research Report
Subros, with Denso & Suzuki JV, holds 42% car AC market share, serving top automakers with 8 plants and expanding into EV & truck segments.
Main Line IPO
Canara HSBC Life Insurance Co.Ltd
| Opning Date | 10-10-2025 | |
|---|---|---|
| Closing Date | 30-11--0001 | |
| Face Value | ₹10 per share | |
| Lot Size | 140 Shares |
Canara Robeco Asset Management Co.Ltd
| Opning Date | 09-10-2025 | |
|---|---|---|
| Closing Date | 13-10-2025 | |
| Face Value | ₹10 per share | |
| Lot Size | 56 Shares |
WeWork India Management Ltd
| Opning Date | 03-10-2025 | |
|---|---|---|
| Closing Date | 07-10-2025 | |
| Face Value | ₹10 per share | |
| Lot Size | 23 Shares |
Epack Prefab Technologies Ltd.
| Opning Date | 24-09-2025 | |
|---|---|---|
| Closing Date | 26-09-2025 | |
| Face Value | ₹2 per share | |
| Lot Size | 73 Shares |
BMW Ventures Ltd
| Opning Date | 24-09-2025 | |
|---|---|---|
| Closing Date | 26-09-2025 | |
| Face Value | ₹10 per share | |
| Lot Size | 151 Shares |
BSE / NSE SME IPO
SK Minerals & Additives Ltd
| Opning Date | 10-10-2025 | |
|---|---|---|
| Closing Date | 14-10-2025 | |
| Face Value | ₹10 per share | |
| Lot Size | 1,000 Shares |
Sihora Industries Ltd
| Opning Date | 10-10-2025 | |
|---|---|---|
| Closing Date | 14-10-2025 | |
| Face Value | 10 | |
| Lot Size | 2,000 Shares |
Rubicon Research Ltd
| Opning Date | 09-10-2025 | |
|---|---|---|
| Closing Date | 13-10-2025 | |
| Face Value | ₹1 per share | |
| Lot Size | 30 Shares |
Valplast Technologies Ltd
| Opning Date | 30-09-2025 | |
|---|---|---|
| Closing Date | 03-10-2025 | |
| Face Value | ₹10 per share | |
| Lot Size | 2,000 Shares |
Infinity Infoway Ltd
| Opning Date | 30-09-2025 | |
|---|---|---|
| Closing Date | 03-10-2025 | |
| Face Value | ₹10 per share | |
| Lot Size | 800 Shares |
Rights Issue
Solara Active Pharma Sciences Ltd
| Opning Date | 27-05-2024 | |
|---|---|---|
| Closing Date | 10-05-2024 | |
| Face Value | 10 per share | |
| Lot Size | N/A |
Viji Finance Ltd
| Opning Date | 27-05-2024 | |
|---|---|---|
| Closing Date | 09-05-2024 | |
| Face Value | 1 per share | |
| Lot Size | N/A |
Ifl Enterprises Ltd
| Opning Date | 26-05-2024 | |
|---|---|---|
| Closing Date | 24-05-2024 | |
| Face Value | 1 per share | |
| Lot Size | N/A |
Franklin Industries Ltd
| Opning Date | 23-05-2024 | |
|---|---|---|
| Closing Date | 10-05-2024 | |
| Face Value | 1 per share | |
| Lot Size | 108,450,000 |
Ajooni Biotech Limited
| Opning Date | 20-05-2024 | |
|---|---|---|
| Closing Date | 30-05-2024 | |
| Face Value | 2 PER SHARE | |
| Lot Size | 87,613,721 |
NCD Issue
Cholamandalam Investment and Finance Company Limited
| Opning Date | 30-06-2024 | |
|---|---|---|
| Closing Date | 01-02-2024 | |
| Face Value | ||
| Lot Size | 1 NCD |
360 ONE Prime Limited
| Opning Date | 23-05-2024 | |
|---|---|---|
| Closing Date | 05-05-2024 | |
| Face Value | Rs 1000 each NCD | |
| Lot Size | 1 NCD |
Motilal Oswal Financial Services Limited
| Opning Date | 22-05-2024 | |
|---|---|---|
| Closing Date | 02-05-2024 | |
| Face Value | Rs 1000 each NCD | |
| Lot Size | 1 NCD |
Indiabulls Housing Finance Limited
| Opning Date | 12-05-2024 | |
|---|---|---|
| Closing Date | 26-05-2024 | |
| Face Value | Rs 1000 each NCD | |
| Lot Size | 1 NCD |
Indiabulls Housing Finance Limited
| Opning Date | 12-05-2024 | |
|---|---|---|
| Closing Date | 26-05-2024 | |
| Face Value | Rs 1000 each NCD | |
| Lot Size | 1 NCD |
Follow Public Offer (FPO)
SAR Televenture Limited
| Opning Date | 21-07-2024 | |
|---|---|---|
| Closing Date | 23-07-2024 | |
| Face Value | 2 | |
| Lot Size | 600 Shares |
Vodafone Idea Limited
| Opning Date | 17-04-2024 | |
|---|---|---|
| Closing Date | 21-04-2024 | |
| Face Value | ₹10 per share | |
| Lot Size | 1298 Shares |
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