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Here are new IPOs viz. Saraswati Saree Depot, Sunlite Recycling Industries, Positron Energy, Solve Plastic Products, and Broach Lifecare Hospital, that will present investors with new opportunities to participate in the growth of companies across several sectors. These newly closed IPOs are potent enough to bring new competitors to the market.

Saraswati Saree Depot

A wholesaler firm, Saraswati Saree Depot was founded by the Late Laxmandas Danomal Dulhani in 1966, headquartered in Kolhapur. 90 percent of the company’s revenue is generated mostly through the sale of sarees with other women's apparel like Kurtis, lehengas, blouse pieces, dress materials, and other ethnic wear.

Saraswati Saree Depot has a team with decades of experience, a trustworthy customer base, and a widespread network. Their vision is to provide high-quality fibers to produce exceptional products for their customers through their creativity and efficient teamwork.

Sunlite Recycling Industries

A proprietorship firm established in 2012. The promoters of this firm are Nitin Kumar Heda, Prahladrai Ramdayal Heda, and Khushboo Manishkumar Heda.

Sunlite Recycling Industries manufactures only OFC(Oxygen Free Copper Rods) with 250 MT of manufacturing capacity per month. They are a premium manufacturer of high-quality copper, delivering innovative technologies and disruptive service concepts to meet customer's demands. Their portfolio includes OFCs, different types of wires, conductors, earthing strips, etc. Their mission is to exceed customer's expectations by supplying copper solutions.

Positron Energy

Founded in 2008 and since then Positron Energy Limited has worked on over 125 projects Positron Energy Ltd. provides management and technical advisory and consultancies to the oil and gas companies. Rajiv Menon is the co-founder of PEL.

Business Advisory Groups of the company offer insights, analysis, and financial prophesy to the energy industry competitors. In West Africa, especially in Nigeria, Positron Energy Ltd. provides advice about oil and gas companies. The company desires to be acknowledged worldwide as a management solution provider.

Solve Plastic Products

Solve Plastic Products is the first unit under the company ‘The Blanco Group’ which started in 1991. Solve Plastic Products was established under it in 1994, and serves its customers high-quality products like PVC pipes and fittings, electric conduits, solvent cement, etc. They manufacture and supply plumbing and electrical supplies or construction materials. They have a skilled and experienced team that ensures to meet the needs of their customers.

Sudheer Kumar Balakrishnan Nair, Susil Balakrishnan Nair, and Balakrishnan Nair are the promoters of Solve Plastic Products Private Ltd.

Broach Lifecare Hospital

Broach Lifecare Hospital Limited was established under Maple Hospital in 2023. Broach Lifecare Hospital manages boutique hospitals, which are smaller in area size, more relaxed and intimate, and less crowded with the same capabilities as all other hospitals. Broach Lifecare Hospital offers non-invasive cardiology services, which include ECG, stress tests, 2D echocardiography, dobutamine stress echocardiography, and many more to heart patients 24 hours.

They also provide heart patients with advanced coronary care and life-saving equipment, including biphasic defibrillators, ventilators, and intra-aortic balloon pumps.

Conclusion

These IPOs for investment now: Saraswati Saree Depot, Sunlite Recycling Industries, Positron Energy, Solve Plastic Products, and Broach Lifecare Hospital offer their customers with multiple investment opportunities. Each of these companies brings distinctive strengths to the market, from traditional wear and top-grade copper manufacturing to energy solutions, plumbing and electrical supplies, construction materials, and advanced healthcare services, for reshaping their particular sectors.

Disclaimer: This blog is posted solely for educational purposes. The securities mentioned are examples and not recommendations. It is based on various secondary sources from the internet and is subject to change. Please consult an expert before making any related decisions.

IPOs IN THE MONTH OF AUGUST

Topics Covered

Saraswati Saree Depot

Sunlite Recycling Industries

Positron Energy

Solve Plastic Products

Broach Lifecare Hospital

Conclusion

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