The upcoming Amagi IPO has attracted attention due to its presence in the fast-growing advertising technology and connected TV segment. While the company’s topline growth story is compelling, a closer look at its financials raises important questions around profitability, valuation comfort, and risk reward balance.
In an IPO market that has become increasingly selective, investors are now looking beyond growth narratives and focusing on sustainable earnings. Against this backdrop, Amagi’s public issue warrants a cautious and well-informed evaluation.
Amagi has reported robust revenue growth over recent years, driven by rising adoption of connected TV advertising and increased demand for data-driven ad solutions. The company has built a strong presence in global markets, particularly the United States, which contributes a large share of its revenue.
This growth reflects increasing advertiser preference for targeted digital platforms over traditional television advertising. From a business perspective, Amagi’s positioning within this structural shift supports long-term scalability.
However, revenue growth alone does not automatically translate into shareholder value, especially in public markets that now prioritise profitability discipline.
Despite strong topline expansion, Amagi continues to report negative Profit After Tax and Return on Equity. This indicates that the company is still investing heavily in growth, technology, and market expansion without generating sustainable bottom-line returns.
The EBITDA margin remains extremely low at around 2 percent. Such thin margins suggest that operating leverage has not yet kicked in and cost structures remain elevated. In comparison, mature adtech and platform businesses typically demonstrate improving margins as scale increases.
At present, Amagi appears to be in an early or transition phase, where profitability visibility remains uncertain.
Valuation is one of the most critical factors in any IPO decision. Even after factoring in a valuation haircut, the implied Price-to-Earnings multiple based on FY26 annualised earnings appears extremely high.
This creates a challenging risk reward equation for investors. High valuations can be justified when companies show clear visibility of profitability, strong cash flows, and improving return ratios. In Amagi’s case, earnings visibility remains limited, making it difficult to justify premium multiples.
Recent market trends show that investors have become cautious about overpaying for growth, particularly in loss-making or low-margin businesses.
The primary objective of the IPO is to fund growth initiatives and technology investments rather than deliver immediate earnings improvement. While this strategy supports long-term business expansion, it also delays profitability timelines.
For investors, this means returns will largely depend on future execution rather than near-term financial performance. Any slowdown in global advertising spends or competitive pressure could impact growth assumptions and valuations.
Such IPOs are better suited for investors with a high risk appetite and a long investment horizon.
From a risk reward perspective, the current setup appears unfavourable.
In a market where several listed companies are offering stable earnings and reasonable valuations, the opportunity cost of investing in a high-risk IPO becomes significant.
Long-term investors may be better served by waiting for consistent profitability, improved EBITDA margins, and clearer return ratios before considering exposure.
SEBI’s disclosure norms ensure transparency around financials, risks, and use of proceeds. However, regulatory compliance does not reduce business risk. The responsibility lies with investors to assess whether the company’s fundamentals align with their investment objectives.
Recent IPO outcomes show that markets are no longer rewarding growth without profits. Companies with weak earnings visibility have seen post-listing volatility, reinforcing the importance of valuation discipline.
Analysing IPOs requires a balance of numbers, business understanding, and market awareness. Swastika Investmart, a SEBI-registered broking and research firm, supports investors with detailed IPO evaluations, valuation insights, and risk analysis.
With strong research tools, technology-enabled platforms, responsive customer support, and a focus on investor education, Swastika Investmart helps investors navigate IPO opportunities with clarity rather than speculation.
Is Amagi a profitable company at present?
No, the company continues to report negative PAT and ROE, indicating profitability is yet to stabilise.
Why is EBITDA margin a concern in this IPO?
An EBITDA margin of around 2 percent suggests limited operating leverage and weak cost efficiency at the current scale.
Does high revenue growth justify the valuation?
Revenue growth alone may not justify high valuation multiples without clear profitability and cash flow visibility.
Who should consider investing in this IPO?
Only investors with a high risk appetite and long-term horizon should consider it, while conservative investors may wait.
Amagi’s IPO presents an interesting business story backed by strong revenue growth and exposure to a promising digital advertising segment. However, weak profitability, low margins, and expensive valuation tilt the risk reward balance unfavourably.
Given the current financial profile, it may be prudent to avoid the IPO for now. Long-term investors can revisit the opportunity once the company demonstrates consistent profits and improved return ratios.
For research-backed IPO analysis and disciplined investment guidance, consider opening your account with Swastika Investmart.
Commodity trading has always been influenced by global supply-demand dynamics, geopolitical events, and currency movements. In 2025, Artificial Intelligence (AI) is emerging as a game-changer in the Indian commodity markets—be it gold, silver, crude oil, or agri-commodities.
From forecasting prices to executing trades in milliseconds, AI-driven systems are helping both retail and institutional traders make smarter, faster, and more informed decisions.
✅ Faster & more accurate price forecasts
✅ Data-driven risk management strategies
✅ Removal of emotional trading biases
✅ Ability to process global data at scale
✅ Democratization of advanced tools for retail traders
⚠️ Overreliance on models can lead to risks in black swan events
⚠️ High infrastructure costs for HFT setups
⚠️ SEBI regulations require compliance in algo-trading
These insights help both professional traders and beginners position themselves strategically.
While global hedge funds use expensive AI tools, Swastika Investmart empowers Indian investors with:
✅ Start AI-Driven Commodity Trading with Swastika
📲 Download the Swastika App – Android | iOS
Q1. Can AI predict commodity prices with 100% accuracy?
No, AI improves probabilities but markets remain influenced by global shocks.
Q2. Is AI-based commodity trading allowed in India?
Yes, SEBI permits algo-trading under regulatory frameworks, ensuring transparency.
Q3. Can beginners use AI in commodity trading?
Yes, through AI-powered research platforms provided by brokers like Swastika.
Q4. Which commodities benefit most from AI analysis?
Gold, crude oil, silver, and agricultural products due to their volatility and global impact.
AI is reshaping commodity trading in India, offering traders predictive insights, automation, and improved efficiency. While risks remain, AI-driven trading is creating opportunities for both seasoned investors and retail traders.
With Swastika Investmart’s AI-powered research and SEBI-compliant platforms, Indian traders can embrace the future of commodity trading with confidence and precision.
Infosys, India’s second-largest IT services company, has once again made headlines with its ₹18,000 crore share buyback program in 2025. For over 26 lakh shareholders, this buyback isn’t just corporate news—it’s a direct opportunity to unlock value.
With India’s stock markets touching new highs in 2025, buybacks have become a powerful tool for companies to return wealth to shareholders, improve earnings per share (EPS), and boost investor sentiment. But what exactly does the Infosys buyback mean for you as an investor, and how should you approach it? Let’s break it down.
A share buyback (also called share repurchase) is when a company repurchases its own shares from existing shareholders, usually at a price higher than the market value. This benefits investors by:
This dual move signals Infosys’ intent to reward shareholders while investing in long-term digital transformation initiatives.
Infosys’ decision aligns with its capital allocation strategy, where surplus cash is returned to investors. Several factors support the timing:
If you hold Infosys shares, here’s what it could mean for you:
Example: In Infosys’ previous 2022 buyback, shares were offered at a premium of ~20% to market price. Retail investors who tendered shares benefited significantly.
1. What is the Infosys buyback size in 2025?
Infosys announced a ₹18,000 crore buyback, representing 2.41% of its equity.
2. Who can participate in the buyback?
All shareholders as on the record date, including retail investors (holding shares worth up to ₹2 lakh), can tender shares.
3. How is the buyback price decided?
Infosys typically announces a premium price above the current market rate, in line with SEBI guidelines.
4. What’s the benefit for long-term investors?
Beyond tendering gains, reduced equity capital may enhance EPS and support higher valuations over time.
5. Where can investors get updates?
Official updates are available on Infosys’ investor relations site, NSE, BSE, and SEBI circulars.
The Infosys ₹18,000 crore buyback of 2025 is more than a financial event—it’s a statement of confidence in the company’s future while rewarding investors today. For retail investors, this is a valuable opportunity, but it requires careful tracking of timelines, tendering windows, and market dynamics.
At Swastika Investmart, we help investors make informed decisions with SEBI-registered research, advanced trading tools, dedicated customer support, and investor education initiatives. Whether you’re planning to participate in this buyback or looking to build a long-term portfolio, our expert team is here to guide you.
👉 Open a Demat & Trading Account with Swastika Investmart and take smarter steps in your investment journey.
When most investors think about wealth creation, they picture stock exchanges like NSE or BSE. But some of India’s most exciting stories are unfolding outside the listed markets. Companies like Reliance Retail, HDB Financial Services (HDFC Bank’s arm), and Ola Electric are making headlines long before their IPOs.
This growing market of unlisted shares has caught the eye of high-net-worth individuals, family offices, and savvy retail investors. The appeal is simple: early access to potential unicorns and future multibaggers.
Investors can buy into businesses before they go public, often at valuations that may look attractive compared to post-IPO prices. For example, Ola Electric was trading actively in the unlisted space before announcing its IPO roadmap.
Since these shares aren’t listed on exchanges, only informed and well-connected investors get access. That exclusivity adds to the demand.
While the rewards can be high, unlisted shares carry risks:
This makes research and guidance critical before making any move.
These examples highlight how the private market is building the billion-dollar companies of tomorrow.
Unlisted activity is reshaping investor strategies:
For retail investors, entering the unlisted space requires trusted partners who provide:
This is where Swastika Investmart Pvt. Ltd. stands out. With its SEBI registration, robust research desk, investor education initiatives, and customer-first approach, Swastika ensures that investors don’t just access opportunities but also understand the risks.
👉 Open your account with Swastika Investmart and explore a smarter way to invest in both listed and unlisted opportunities.
1. What are unlisted shares?
Unlisted shares are equity shares of companies not listed on stock exchanges like NSE or BSE. They trade in the private market.
2. How can investors buy unlisted shares in India?
Through SEBI-registered brokers and research firms like Swastika Investmart, which ensure compliance and transparency.
3. Are unlisted shares riskier than listed ones?
Yes, mainly due to liquidity issues, limited disclosures, and valuation uncertainty. However, they can deliver strong returns if chosen wisely.
4. Do all unlisted companies eventually go for an IPO?
Not necessarily. Some remain private, while others may take years before listing.
5. What is the minimum investment required?
It varies by company and broker, but typically starts from a few thousand to a few lakhs, depending on the share price and lot size.
The Indian private market is quietly minting the next set of billion-dollar companies. For investors, this is both an opportunity and a challenge—early access to growth stories, but with risks that demand careful evaluation.
With the right partner like Swastika Investmart, investors get access to trusted research, compliance-driven execution, and strong customer support, making the journey into unlisted shares more secure and rewarding.
👉 Open your account today with Swastika Investmart and take the first step towards discovering India’s next unlisted gems.
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The Indian futures & derivatives market has grown rapidly, with rising participation from retail traders, institutions, and global players. In 2025, Artificial Intelligence (AI) is reshaping how traders approach futures trading.
From predicting Nifty and Bank Nifty moves to identifying trends in commodities like gold, crude oil, and silver, AI-driven trading models are bringing speed, accuracy, and discipline to markets.
AI systems scan years of historical price data to detect candlestick patterns, support/resistance zones, and breakouts.
AI-powered NLP (Natural Language Processing) algorithms analyze news, Twitter feeds, and global market updates.
AI executes trades in milliseconds, exploiting micro price movements.
AI models calculate probabilities of price levels being breached and suggest stop-loss & take-profit levels.
AI systems backtest strategies across multiple years and market conditions, helping traders choose the most reliable setups.
✅ Faster decision-making than manual trading
✅ Better accuracy in identifying short-term & long-term trends
✅ Reduced emotional bias in trades
✅ Ability to process real-time global data
✅ Improved risk-reward ratio for retail and institutional traders
⚠️ Overfitting – algorithms may fail in unexpected events (e.g., geopolitical shocks)
⚠️ High costs of infrastructure for HFT systems
⚠️ Retail investors may face a technology gap compared to institutions
Suppose AI models detect:
The AI may predict a short-term bullish rally in Nifty Futures and suggest entry points with stop-loss levels.
Retail investors often can’t build costly AI systems, but Swastika Investmart bridges the gap with:
✅ Start AI-Backed Futures Trading with Swastika
📲 Download the Swastika App – Android | iOS
Q1. Can AI guarantee profits in futures trading?
No, AI improves probabilities but cannot eliminate risks. Market shocks can still impact trades.
Q2. Is AI-based trading only for institutions?
While HFT is dominated by institutions, retail traders now access AI-powered tools via brokers like Swastika.
Q3. How can beginners benefit from AI in trading?
By using AI-assisted research and avoiding emotional trading mistakes.
Q4. Does SEBI regulate AI-based trading?
Yes, SEBI monitors algo-trading to ensure fair access and transparency in Indian markets.
AI is no longer futuristic—it is actively shaping futures trading in India. From predictive analytics to algorithmic execution, AI helps traders manage risk and capture opportunities in fast-moving markets.
With Swastika Investmart, retail traders can leverage AI-driven research and expert insights to trade smarter, not harder.
✅ Start AI-Backed Futures Trading with Swastika
📲 Download the Swastika App – Android | iOS
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The IPO market in India continues to attract strong investor attention in 2025. With Dalal Street buzzing over fresh listings, three diverse companies—Urban Company Limited, Dev Accelerator Limited, and Shringar House of Mangalsutra Limited—are set to hit the primary market.
These IPOs span across technology-driven services, flexible workspace solutions, and traditional jewelry manufacturing, giving investors a wide range of choices. But should you subscribe? Let’s decode each offering.
Urban Company, India’s leading tech-driven home and beauty services marketplace, is coming with an IPO worth ₹1,900 crore.
Investor View: A neutral call is advised. Risk-taking investors may apply for listing gains, while conservative investors may prefer to wait for better valuations.
Dev Accelerator (DevX), a flexible workspace provider, is launching a ₹143.35 crore IPO.
Investor View: Given its steep pricing and weak earnings, analysts advise investors to avoid this IPO.
Shringar House of Mangalsutra, a jewelry brand specializing in mangalsutra and related ornaments, is bringing an IPO worth ₹400.95 crore.
Investor View: With attractive valuations and niche positioning, Shringar House of Mangalsutra’s IPO is a Subscribe for long-term investors.
The diversity of these IPOs—tech-driven Urban Co., asset-heavy Dev Accelerator, and culturally niche Shringar—shows the evolving Indian capital market. While Urban Co. highlights India’s digital adoption, Dev Accelerator reflects challenges in the workspace economy, and Shringar taps into India’s deep-rooted jewelry culture.
Strong participation in such IPOs often signals healthy market sentiment, which in turn boosts secondary market activity and liquidity.
Q1: Which IPO looks the most attractive among the three?
A: Shringar House of Mangalsutra IPO, rated Subscribe, stands out due to strong fundamentals and reasonable valuation.
Q2: Is Urban Company IPO worth applying for?
A: It may attract listing gains, but valuations look stretched. Conservative investors may avoid.
Q3: Why is Dev Accelerator IPO rated Avoid?
A: Despite revenue growth, its profits are weak, and valuations are unjustifiably high.
Q4: How do IPO ratings help investors?
A: Ratings provide a quick guide on company fundamentals, sector outlook, and valuation comfort.
Q5: Where can I open a Demat account to apply for these IPOs?
A: You can open an account with Swastika Investmart, a SEBI-registered broker with strong research, investor education, and tech-enabled platforms.
The upcoming IPO season offers something for every type of investor—from high-growth tech stories to traditional cultural businesses. However, careful selection is crucial.
For a seamless IPO investing experience, research-backed recommendations, and expert guidance, consider opening your account with Swastika Investmart.
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FIIs often hedge their cash market positions using options.
With deep pockets and access to global cues, FIIs use options to speculate on short-term volatility.
FIIs’ massive trades in options create sharp intraday moves, especially in Bank Nifty and Nifty. Retail investors often follow these flows, leading to chain reactions.
FII activity in options also impacts the India VIX (Volatility Index). When FIIs aggressively buy options, implied volatility spikes, signaling uncertain or sharp expected moves.
FIIs trade in huge volumes, which:
Retail investors often follow FII trends without risk management, which can be dangerous. Instead, tracking open interest data, FII reports, and SEBI disclosures provides better clarity.
SEBI ensures FIIs disclose their trades and maintains a fair derivatives market. Retail investors can access FII derivatives data daily on the NSE website—helping them align strategies without blindly following the “big money.”
While FIIs move markets, retail investors can still win with the right guidance. This is where Swastika Investmart helps:
✅ Open Your Account with Swastika Investmart Today
📲 Download the Swastika App – Android | iOS
Q1. Why do FIIs prefer options over stocks?
Options allow FIIs to hedge, speculate, and move markets with lower capital compared to equities.
Q2. How can retail investors track FII activity?
NSE publishes daily FII derivative positions. Brokers like Swastika also provide research reports.
Q3. Do FIIs always dictate market direction?
Not always. Domestic Institutional Investors (DIIs) often counterbalance FIIs, especially during sell-offs.
Q4. Can retail traders profit by following FIIs?
Yes, but blindly copying FII moves is risky. Use them as signals, not as trade confirmations.
FIIs use options not just to hedge but to drive intraday and short-term market sentiment in India. Their trades in Nifty and Bank Nifty options often set the tone for retail and DIIs.
For retail investors, the key is to track, not mimic FIIs. With expert research and SEBI-backed safety, platforms like Swastika Investmart empower investors to make smarter decisions.
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