Saraswati Commercial
12,250.00
+17.60(+0.14%)
Market Cap₹1,342.53 Cr
PE Ratio62.25
Company Performance:
1D+0.14%
1M-6.22%
6M-7.56%
1Y-18.59%
5Y+1,208.69%
View Company Insightsright
More news about Saraswati Commercial
31Oct 25
Saraswati Commercial Completes Rs 20.05 Crore Payment for Tilaknagar Industries Convertible Warrants
Saraswati Commercial (India) Limited, an NBFC, has finalized its investment in Tilaknagar Industries Limited by completing the final payment of Rs 20.05 crore for 7,00,000 convertible warrants. The total acquisition cost is Rs 26.74 crore at Rs 382 per share, potentially resulting in a 0.27% stake in Tilaknagar's diluted share capital. The warrant conversion is expected to be completed by November 30, 2025. Tilaknagar Industries is a major player in the Indian Made Foreign Liquor (IMFL) sector, manufacturing and selling various alcoholic beverages.
 no imag found
15Oct 25
Saraswati Commercial Completes ₹22.65 Crore Payment for Precision Wires Warrant Conversion
Saraswati Commercial (India) Limited, an NBFC, has completed the balance payment of ₹22.65 crore for converting 20,00,000 warrants into equity shares of Precision Wires India Limited (PWIL) at ₹151.00 per share. The total investment of ₹30.20 crore will result in Saraswati Commercial holding 1.78% of PWIL's total share capital. PWIL, incorporated in 1989, specializes in manufacturing enameled copper winding wires with a turnover of ₹4,014.83 crore and net worth of ₹576.23 crore. The transaction is expected to be finalized by October 31.
 no imag found
13Aug 25
Saraswati Commercial Approves Q1 Results, Director Reappointments, and Auditor Changes
Saraswati Commercial (India) Limited has approved financial results for Q2 2025 and set its 42nd AGM for September 25, 2025, via video conferencing. The company will close share transfer books from September 18-25. Board reappoints three directors, including two independent directors for five-year terms. M/s. Ajmera Ajmera & Associates resign as statutory auditors due to RBI guidelines, replaced by M/s. GBCA & Associates LLP for a three-year term, subject to shareholder approval.
 no imag found
02Aug 25
Saraswati Commercial Invests Rs 13 Crore in Aditya Infotech's IPO
Saraswati Commercial (India) Limited has invested ₹12.99 crore in the IPO of Aditya Infotech Limited, acquiring 192,588 equity shares at ₹675 per share. This represents a 0.16% stake in Aditya Infotech's post-issue capital. Aditya Infotech, operating under the brand 'CP Plus', is a leading player in the video security and surveillance sector with a consolidated turnover of ₹3,111.87 crore in the most recent fiscal year. The investment was made through the anchor category of Aditya Infotech's ₹1,300 crore IPO, with share allotment completed on August 1.
 no imag found
30Jul 25
Saraswati Commercial Expands Investment Portfolio with Strategic Acquisitions in Precision Wires and Tilaknagar Industries
Saraswati Commercial (India) Limited has made significant investments to expand its portfolio. The company acquired 10,00,000 equity shares and 20,00,000 convertible warrants in Precision Wires India Limited for a total investment of Rs 45.30 crore. Additionally, Saraswati Commercial plans to invest Rs 26.74 crore in 7,00,000 convertible warrants of Tilaknagar Industries Limited at Rs 382 per warrant. These strategic moves aim to diversify the company's investments across different sectors of the Indian economy.
 no imag found
29Jul 25
Saraswati Commercial Invests Rs 267.4 Crore in Tilaknagar Industries Convertible Warrants
Saraswati Commercial (India) Limited, an NBFC, is investing Rs 267.4 crore in Tilaknagar Industries Limited, a major IMFL player. The investment involves 700,000 convertible warrants at Rs 382 per warrant, convertible into equity shares within 18 months. Tilaknagar Industries, with a turnover of Rs 3,174.61 crore in FY 2024-25, will use this investment to strengthen its financial position. The deal requires shareholder and stock exchange approvals, with an initial 25% payment upon allotment and the remaining 75% during conversion.
 no imag found
24Jul 25
Saraswati Commercial Completes Rs. 9.99 Crore Investment in Veranda Learning Solutions Through QIP
Saraswati Commercial (India) Limited has invested ₹9.99 crore in Veranda Learning Solutions Limited through a Qualified Institutional Placement (QIP). The NBFC acquired 4,44,049 equity shares at ₹225.20 per share, gaining a 0.47% stake in the EdTech platform. The investment was part of Veranda's larger ₹380 crore QIP issue. Veranda Learning Solutions operates an integrated online-to-offline EdTech platform for competitive and professional exam preparation, with a consolidated turnover of ₹470.87 crore and net worth of ₹256.96 crore.
 no imag found
22Jul 25
Saraswati Commercial Invests Rs. 10 Crores in Veranda Learning Solutions' QIP
Saraswati Commercial (India) Limited, an NBFC, has invested approximately Rs. 10 crores in Veranda Learning Solutions Limited through a Qualified Institutional Placement (QIP). The company subscribed to 4,44,049 equity shares at Rs. 225.20 per share, as part of Veranda's Rs. 380 crore QIP issue. This investment exceeds 2% of Saraswati Commercial's consolidated net worth, requiring regulatory disclosure. Veranda Learning Solutions is an integrated Online to Offline EdTech platform offering various learning programs and reported a consolidated net worth of Rs. 256.96 crores.
 no imag found
Saraswati Commercial
12,250.00
+17.60
(+0.14%)
1 Year Returns:-18.59%
Industry Peers
Bajaj Finance
999.10
(+3.11%)
Shriram Finance
1,082.80
(+2.46%)
Muthoot Finance
4,066.90
(+3.40%)
Cholamandalam Investment
1,731.80
(+0.51%)
SBI Cards
772.80
(+0.51%)
Sundaram Finance
5,483.50
(+2.27%)
Authum Inv & Infr
495.70
(-1.05%)
Poonawalla Fincorp
472.65
(-3.40%)