Wheels India Shares Jump 10% in 2 Days Since QIP Floor Price Set at ₹2,197.10
Wheels India Limited opens QIP with a floor price of ₹2,197.10 per share. The company seeks to raise institutional capital following strong 168% 1-year returns.
Auto Parts & Equipment
Latest Auto Parts & Equipment stock news from NSE and BSE filings, 11 stories so far.
Expansion
Talbros Engineering Secures 40,000 Sq Mtr Pithampur Site for ₹25 Crore Expansion
Talbros Engineering Ltd (538987) acquires 40,000 sq. mtrs of industrial land in Pithampur, Madhya Pradesh for ₹25 Crore to drive future project development.
Fund Raise
Wheels India Board Approves Strategic ₹400 Crore Fund Raise via Equity and Debt
Wheels India Ltd approves raising up to ₹400 crore through equity, QIP, or convertible instruments to bolster its capital base in the auto components sector.
Fund Raise
Belrise Industries Secures Shareholder Approval for ₹2,000 Crore Fundraise via QIP
Belrise Industries secures shareholder approval for a ₹2,000 Cr fundraise via QIP with 99.82% majority. Discover capital plans and key financial performance metrics.
Fund Raise
Craftsman Automation Approves ₹2,000 Crore QIP; Sets Floor Price at ₹8,966.13
Craftsman Automation launches a ₹2,000 crore Qualified Institutions Placement (QIP) with a floor price of ₹8,966.13 per share to fund growth and expansion goals.
Fund Raise
Samvardhana Motherson Board to Evaluate Debt Fund Raise on May 20; TTM Revenue ₹1.21L Cr
Samvardhana Motherson to consider raising funds via bonds and NCDs on May 20, 2026. The company reports an annual net profit growth of 40% to ₹3,803 crore.
New Order
Remsons Industries UK Unit Secures ₹160 Crore Pedal Box Order from Global OEM
Remsons Industries Ltd secures a ₹160 Crore 10-year contract from a global OEM for pedal boxes. Production starts Q4 CY2028, boosting long-term visibility.
Product Launched
Amara Raja Energy & Mobility Launches Amaron Assist to Expand Service Revenue
Amara Raja Energy & Mobility Ltd launches Amaron Assist on May 7, 2026, a new service vertical aiming to boost revenue for the ₹16,179 Cr market cap company.
Earning Call
Sona Comstar Q4 Revenue Jumps 47% to ₹1,272 Cr Driven by Strong EV Momentum
Sona BLW Precision Forgings reports record Q4 FY26 revenue of ₹1,272 crore with 47% YoY growth. Net order book stands at ₹23,700 crore with 70% EV contribution.
