The real test for newly-listed companies comes once the listing pop charm fizzles out. A few survive, while most crack under pressure, eroding investor wealth
How Mazagon Dock Shipbuilders, key to India's defence dreams, became an investor favourite
In the late 70s, Rajni Bector enchanted Ludhiana with her scrumptious ice creams, pudding and cakes. Over four decades later, Mrs Bectors Food Specialities stunned the IPO market with a sensational listing in 2020. The dream run of the bakery firm continues
Paras Defence specialises in high-end manufacturing of electronics and optronics for defence and space applications. It's involved in key projects commissioned by the government, and is now betting on drones and UAVs
Through the 1970s and 80s, Hyderabad-based MTAR, built by P Ravindra Reddy, had built up a stellar reputation for pulling off what others couldn't do. Most recently, the company partnered with Isro for the Chandrayaan and Aditya L1, Gaganyaan missions