Category: Business

  • Krupalu Metals Limited to Launch SME IPO on BSE to Fund Expansion

    Krupalu Metals Limited to Launch SME IPO on BSE to Fund Expansion

    Jamnagar (Gujarat) [India], September 3: In a significant move to fuel its growth and enhance manufacturing capabilities, Krupalu Metals Limited, a key player in the brass and copper industry, has announced its Initial Public Offering (IPO) on the SME platform of the Bombay Stock Exchange (BSE SME). The IPO, a fixed-price issue aiming to raise 1,347.84 lakhs, will be open for subscription from September 8, 2025, to September 10, 2025.

    The company’s decision to go public underscores its ambition to scale operations and meet the rising demand for its specialized metal products. The funds generated from the IPO are earmarked for crucial strategic investments, primarily focusing on capital expenditure for new plant and machinery and fulfilling the company’s working capital requirements. This strategic infusion of capital will allow Krupalu Metals to broaden its product portfolio to include new dimensions of brass and copper sheets and to increase production of value-added components like cutting inserts, bus bars, and electrical parts.

    A Journey of Growth and Excellence

    Founded in 2009 by the visionary Mr. Jagdish Parsottambhai Katariya, Krupalu Metals has evolved from Krupalu Engineering Services Private Limited into a recognized name in the brass and copper sector. Located in Jamnagar, Gujarat—famously known as the “Brass City of India”—the company leverages its strategic location and a 10,532 sq. ft. manufacturing facility to serve a diverse client base across India and internationally.

    Over the past decade, Krupalu Metals has established a strong presence by manufacturing and supplying high-quality brass and copper sheets, strips, and custom-engineered components for the electrical, construction, automotive, and engineering industries. The company’s commitment to quality is further validated by its ISO 9001:2015 certification.

    Strong Financial Performance

    Krupalu Metals has demonstrated a consistent track record of financial performance, with notable growth over the last three years. The company’s restated financials highlight a robust upward trajectory:

    • Total revenue surged from ₹3,357.94 lakhs in FY 2023 to 4,849.59 lakhs in FY 2025, reflecting strong market demand and operational efficiency.
    • Profit After Tax (PAT) witnessed a remarkable increase from ₹41.85 lakhs to 215.09 lakhs during the same period.
    • The company’s profitability also improved, with the EBITDA margin rising from 3.20% to 7.65%, and a healthy Return on Net Worth (RoNW) of 35.12% in FY 2025.

    These figures underscore the company’s financial discipline and its ability to generate significant returns for its stakeholders.

    IPO and Investment Details

    The IPO is a fixed-price issue of 18,72,000 equity shares with a face value of ₹10 each. The shares are being offered at a price of 72 per share. Following the IPO, the company’s equity capital will increase to ₹587.20 lakhs, and the promoters’ holding will be diluted to 31.88%.

    Investors can apply for a minimum lot size of 1,600 equity shares, requiring a minimum investment of 1,15,200. The issue allocation is structured to provide opportunities for a broad range of investors, with a 50% allocation for retail investors (₹640.51 lakhs) and 50% for non-retail investors (₹639.36 lakhs). A portion of ₹67.97 lakhs is also reserved for the market maker.

    Leadership and Industry Outlook

    The company is led by its promoters, Mr. Jagdish Parsottambhai Katariya and Mr. Navinbhai Katariya, who possess extensive industry knowledge and a strategic vision for growth. Their leadership has been pivotal in steering Krupalu Metals towards becoming a growth-oriented enterprise that combines traditional craftsmanship with modern innovation.

    “This IPO marks a significant milestone in our journey,” said Mr. Jagdish Katariya, Promoter and Managing Director of Krupalu Metals. “With the support of our investors, we are committed to scaling up operations, upgrading technology, and meeting the growing demand from domestic and international clients. Our focus remains on delivering high-quality, customized solutions that add value to multiple industries.”

    The IPO comes at a time when the Indian brass and copper industry is experiencing a surge in demand, propelled by government-led initiatives like “Make in India” and rising infrastructure and electrification projects. Industry analysts are optimistic that companies like Krupalu Metals, with their established manufacturing base and ambitious expansion plans, are well-positioned to capitalize on these favorable market dynamics.

    The listing of Krupalu Metals on the BSE SME is expected to provide the company with increased visibility, a platform for future fundraising, and enhanced corporate governance, all of which will contribute to its long-term growth and value creation for shareholders.

    For Further Information, Please Contact:

    Issuer Company: Krupalu Metals Limited

    • Contact: Mr. Vasant Kuber Soni
    • Address: Plot No 4345, GIDC PHASE-III, Dared Udhyognagar, Jamnagar, Gujarat, India, 361009
    • Tel: +91 7862060996
    • Email: compliance@krupalumetals.com

    Lead Manager to the Issue: Finshore Management Services Ltd.

    • Contact: Mr. S Ramakrishna Iyengar
    • Address: “Anandlok”, Block-A, 2nd Floor, Room No. 207, 227 A.J.C. Bose Road, Kolkata – 700020, West Bengal, India
    • Tel: +91 33 22895101 / 46032561
    • E-mail: info@finshoregroup.com

    Registrar to the Issue: Cameo Corporate Services Ltd.

    • Contact: Ms. K. Sreepriya
    • Address: “Subramanian Building”, No. 1, Club House Road, Chennai – 600 002, India
    • Tel: +91-44-60020700 / 28460390
    • E-mail: ipo@cameoindia.com

    Market Maker to the Issue: Anant Securities

    • Contact: Mr. Rakesh Sethia
    • Address: 2H, 2nd Floor, 4 Ho Chi Minh Sarani, Kolkata – 700071, West Bengal, India
    • Tel: +91 91474 73737
    • E-mail: anantsecurities1@gmail.com

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  • FDC Ltd Elevates Field Force Efficiency with SANeForce SFA: A 6-Year Partnership Driving Productivity Across 11 Divisions

    FDC Ltd Elevates Field Force Efficiency with SANeForce SFA: A 6-Year Partnership Driving Productivity Across 11 Divisions

    Chennai (Tamil Nadu) [India], September 3: FDC Ltd, one of India’s top 25 pharmaceutical companies, has significantly strengthened its field operations through a six-year-long partnership with SANeForce, a leading provider of Pharma SFA software. With more than 5,000 field forces using the SANeForce platform across 11 divisions, FDC has achieved unified control, real-time visibility, and measurable efficiency in managing its expansive network of over 8 lakh doctors.

    This partnership marks a key milestone in pharma digitization. FDC, having tested and moved on from three different SFA vendors, chose SANeForce in 2018. Since then, the relationship has been defined by zero complaints, tailored feature development, and continuous support, making SANeForce a trusted digital backbone for their field force.

    “SAN SFE application has led to remarkable growth in our business productivity. It has streamlined and automated our entire business operations and processes, paving the way for effective field force management.” said Mayank Tikkha, Vice president – Sales and Marketing of FDC Ltd.

    Operational Challenges FDC Had to Overcome

    Managing a large, multi-divisional field force came with its own set of challenges for FDC. Before onboarding SANeForce, FDC struggled with basic, web-based SFA tools that lacked flexibility and actionable insights. SANeForce’s mobile-based reporting, real-time data capture, and customized workflows changed the game. Features such as selfie-based attendance, fingerprint login, geo-tagging, and brand-wise potential yield tracking provided clarity and control at every level.

    FDC

    Advanced Tools Driving Field Force Productivity

    SANeForce’s SAN SFE platform equips FDC Pharma with powerful tools that go beyond basic automation to deliver measurable, day-to-day business value. One of its standout innovations is the Unified Doctor Feature, which ensures that every doctor has a unique ID across the system, thus eliminating duplicates, maintaining data accuracy, and enabling a 360° view of doctor interactions. This supports cross-divisional visibility, real-time validation, and powerful analytics, all while reinforcing compliance and field accountability.

    Additionally, the platform’s multi-level Expense Management System which provides manual, semi-manual, and automated expense handling, not only simplifies submissions for field reps but also significantly reduces approval bottlenecks. It offers the finance team greater control through cleaner audits and streamlined workflows.

    To further enhance field force performance and engagement, SANeForce includes a Scoreboard that ranks Med-Reps based on activity, target achievement, and real-time metrics. This motivates reps through healthy competition and helps managers easily identify and reward top performers.

    SANeForce also enables continuous learning through its integrated Quiz Module, allowing medical representatives to regularly test and enhance their product knowledge. This has enabled FDC to drive more informed, confident conversations during doctor visits—directly improving engagement quality and sales outcomes.

    Innovation on the Horizon: Built for What’s Next

    Building on this foundation, SANeForce is now developing a next-gen suite of modules to further enhance doctor engagement and rep efficiency.

    The upcoming AI Integration module will provide predictive insights and next-best-action suggestions to reps based on historical data and market patterns. A WhatsApp Communication Module will streamline secure, compliant communication between reps and doctors through a familiar interface. Additionally, an Event Management Module will simplify planning and tracking of CMEs, product launches, and doctor meets—closing the loop on multi-touch engagement.

    “At SANeForce, we don’t just deploy software, we co-create outcomes. Our partnership with FDC is built on trust, transparency, and the shared goal of transforming pharma field operations through smart tech,” said P. Samson Associate Director – Functional

    Proven Business Outcomes

    • Unified field operations with a single platform across 11 divisions
    • Zero complaints in 6 years, strongest indicator of long-term product-market fit
    • Enhanced doctor engagement via mobile-first reporting and real-time tracking
    • Streamlined operations, decision-making, and performance management
    • Consistent support, training, and custom feature rollouts from SANeForce

    About SANeForce

    SANeForce is a leading provider of SFA, CRM, and digital automation solutions for the pharmaceutical and healthcare industries. Serving over 600 brands across 30+ countries, SANeForce empowers field forces with mobile-first tools, real-time insights, and doctor-centric engagement strategies to drive smarter growth.

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  • Upcoming IPOs India: SEBI Greenlights 13 Bold Plays

    Upcoming IPOs India: SEBI Greenlights 13 Bold Plays

    Mumbai (Maharashtra) [India], September 3: The IPO calendar just went from busy to flat-out electric. SEBI has cleared 13 companies to hit the primary market, and the headliners are big names: boAt, Urban Company, Juniper Green, Jain Resource Recycling, and Mouri Tech. Together, they’re lining up to raise over ₹21,000 crore.

    When India’s markets regulator waves the green flag, investors should pay attention. Let’s break down the heavyweights in this upcoming IPO lineup.

    01 boAt IPO: Round Two for Imagine Marketing

    boAt’s parent company, Imagine Marketing, is finally stepping back into the IPO ring. After shelving its 2022 plans, the Warburg Pincus-backed consumer electronics brand is aiming higher this time, a valuation of around ₹13,000 crore, according to filings.

    This IPO will be a second shot at going public, and the timing couldn’t be sharper. With wearables, audio, and lifestyle tech booming in India, boAt is betting investors are ready to back its growth story.

    02 Urban Company IPO: Services Giant Goes Public

    Urban Company is no startup experiment. The home and beauty services platform is dropping its IPO on September 10, aiming to raise ₹1,900 crore.

    • Issue Size: ₹1,900 crore
    • Fresh Issue: 4.58 crore shares worth ₹472 crore
    • Offer for Sale (OFS): 13.86 crore shares worth ₹1,428 crore
    • Price Band: ₹98–103 per share
    • Timeline: Opens Sept 10, closes Sept 12, listing expected Sept 17 on BSE and NSE

    Kotak Mahindra Capital is leading the charge, with MUFG Intime India as registrar. If demand matches hype, Urban Company could set the tone for this IPO season.

    03 Juniper Green IPO: Betting on Renewable Power

    Juniper Green Energy, based in Gurugram, is ready to bring clean power to the markets. The renewable energy producer filed its DRHP in July 2025 and plans to raise up to ₹3,000 crore.

    The proceeds are earmarked to cut borrowings worth ₹2,250 crore. That’s not just financial housekeeping, it’s a signal the company wants to sharpen its balance sheet while scaling solar, wind, hybrid, and dispatchable renewable projects.

    Backed by Juniper Renewable Holdings, this IPO will put India’s green energy ambitions directly in the portfolios of retail and institutional investors alike.

    04 Jain Resource Recycling IPO: Betting on Scrap to Scale

    Recycling might not sound glamorous, but Jain Resource Recycling has real numbers on its side. SEBI has approved its ₹2,000 crore IPO, split between a fresh issue of ₹500 crore and an OFS worth ₹1,500 crore.

    The company is in the business of turning non-ferrous metal scrap into usable products, think lead, copper, and aluminium alloys. With India’s manufacturing ecosystem hungry for raw material, this listing could ride the sustainability wave.

    DAM Capital, ICICI Securities, Motilal Oswal, and PL Capital are running point as lead managers.

    05 Mouri Tech IPO: Global Tech Play

    Mouri Tech has also secured the regulator’s nod to raise ₹1,500 crore. This marks its second attempt, after an earlier DRHP in 2024.

    • Fresh Issue: Up to ₹250 crore
    • OFS: Up to ₹1,250 crore

    The Hyderabad-based IT services firm plans to channel proceeds into its U.S. subsidiary MT USA and pay down debt. With Indian IT continuing to command global respect, Mouri Tech is angling to cash in on investor appetite.

    Why This Matters for Investors

    Thirteen IPOs in one wave show India’s equity markets are not just liquid, but buzzing with companies confident enough to go public. For retail investors, the choice set just widened, from wearables to renewables, scrap recycling to tech services.

    It’s also a reminder of how SEBI’s nod is the ultimate green light. When the regulator clears 13 companies at once, the message is clear: buckle up.

    PNN News

  • Nisus Finance secures Majority Stake in NCCCL in Strategic Management-Led Buyout

    Nisus Finance secures Majority Stake in NCCCL in Strategic Management-Led Buyout

    Mumbai (Maharashtra) [India], September 3: Nisus Finance Services Co Limited (BSE- NISUS | 544296 | INE0DQN01013), a leading investor with a strong focus on urban infrastructure, has acquired a majority stake in New Consolidated Construction Company Ltd. (NCCCL) through its subsidiary, Nisus Finance Projects LLP. Executed as an all-cash, management-led buyout, the transaction marks a pivotal milestone in Nisus’ strategy to scale and consolidate India’s infrastructure ecosystem. As part of the acquisition, Nisus has infused INR 70 Cr as primary growth capital, strengthening NCCCL’s balance sheet and positioning the company to capture high-potential opportunities in India’s fast-evolving building infrastructure landscape.

    Strategic Rationale and Benefits for Nisus

    This acquisition represents a transformative step for Nisus Finance, aligning strategic capital with NCCCL’s seasoned leadership and engineering expertise. With Mr. Mahesh Mudda, MD & CEO, assuming the role of Promoter and the senior leadership team remaining intact, the continuity ensures stability and execution excellence.

    For Nisus, the acquisition unlocks multiple layers of growth and strategic advantage:

    • Strengthening Urban Infrastructure Platform: Integrates Nisus’ capital strength with NCCCL’s eight-decade legacy in construction, enabling a robust end-to-end urban infrastructure platform.
    • Diversified Revenue Streams: Enhances Nisus’ ability to participate in value creation not just through financing, but also by capturing operating leverage in the construction value chain.
    • Enhanced Developer Relationships: Expands Nisus’ access to marquee developer clients and premium project pipelines, reinforcing its positioning as a trusted institutional partner.
    • Operational Upside: Leverages NCCCL’s proven project delivery and scale to unlock operational efficiencies, governance standards, and business synergies.

    Growth Outlook for Nisus

    The transaction positions Nisus Finance at the forefront of India’s infrastructure boom:

    • Sectoral Tailwinds: With urbanization, housing demand, smart cities, and new-age assets such as data centers and logistics hubs driving demand, Nisus is strategically placed to channel capital into these high-growth verticals.
    • Scaling AUM and Returns: By combining financing expertise with direct exposure to execution, Nisus expects to enhance both its assets under management (AUM) and return on capital employed.
    • Future-Ready Platform: The acquisition advances Nisus’ long-term vision of becoming a differentiated financial and operating partner for India’s building infrastructure development, aligning institutional capital with sustainable growth opportunities.

    Commenting on the Development, Mr. Amit Goenka, Chairman & Managing Director of Nisus Finance Services Co Limited said: “With this acquisition now successfully completed, we are unlocking a new growth chapter for Nisus. It represents a unique synergy between our vision for urban infrastructure and NCCCL’s decades of execution excellence. By partnering with an experienced leadership team and equipping them with strategic capital and robust governance, we are positioned to capture significant operating leverage. Our focus is on driving scale, efficiency, and resilience in a sector supported by strong structural tailwinds. With leadership continuity and institutional alignment, we are building a future-ready platform designed to deliver sustained value and play a meaningful role in India’s next phase of infrastructure growth.”

    Mr. Abbas Jasdanwalla, Chairman, NCCCL commented: “This partnership with Nisus Finance marks an exciting new chapter for NCCCL, allowing us to continue our rich legacy while embarking on a new phase of transformative growth. We firmly believe that the combination of Mahesh Mudda’s leadership and Amit Goenka’s strategic vision creates the ideal synergy to propel NCCCL forward.”

    Mr. Mahesh Mudda, MD & CEO, NCCCL added: “This moment marks not just a leadership transition, but a transformation. As a professional-turned-Promoter, I’m investing not just my four decades of sectoral experience but also my conviction into taking NCCCL to the next orbit — expanding into high-growth verticals like data centre infrastructure and smart urban developments, backed by tech-first construction methodologies and institutional governance. With Nisus’ capital strength and strategic foresight, we will institutionalize execution while staying rooted in our core values of trust and engineering excellence.”

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  • Sarveshwar Foods Signs MoU with German Firm for Advanced Rice Storage & Smoke Technology

    Sarveshwar Foods Signs MoU with German Firm for Advanced Rice Storage & Smoke Technology

    Srinagar (Jammu & Kashmir) [India], September 3: Sarveshwar Foods Limited, one of India’s leading producers of organic and basmati rice, has entered into a strategic Memorandum of Understanding (MoU) with a German technology Company to bring in next-generation solutions for rice storage, preservation, and preparation. This milestone comes as the company continues to expand capacity and presence across domestic and international markets, fueling its journey towards becoming a global leader in value-added food products.

    Key Highlights of the MoU:

    • CO₂-based storage system to preserve rice freshness without chemical preservatives.
    • Reusable cocoons for storage, reducing contamination and waste.
    • Smoke generator technology to create a premium smoky flavor, catering to international demand.
    • Supports global expansion by enhancing product differentiation in Europe, the Middle East, and North America.

    These technologies are set to strengthen Sarveshwar’s premium product portfolio while aligning with its long-term strategy of innovation, sustainability, and global competitiveness. By blending traditional expertise with advanced solutions, the company aims to accelerate export growth, build deeper consumer trust, and capture new market opportunities.

    Mr. Rohit Gupta, Chairman of Sarveshwar Foods Limited, expressed, “This arrangement reflects our commitment to continuous innovation and sustainable practices. As we expand our presence and capacity, these technologies will play a pivotal role in enhancing quality, boosting efficiency, and delivering unique product experiences to consumers worldwide. This is yet another step towards fueling our growth story and positioning Sarveshwar as a trusted global food brand.

    With a legacy of over 130 years, our flagship brands, Sarveshwar and Nimbar,k have consistently delivered authentic and healthy food products across India and international markets. Along with scaling our organic farming base, strengthening our farmer network, and diversifying into premium FMCG categories, this initiative further fuels our growth journey and reinforces our vision of positioning Sarveshwar as a trusted global food brand.”

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  • Globtier Infotech Limited Listed on BSE SME Platform

    Globtier Infotech Limited Listed on BSE SME Platform

    New Delhi [India], September 3: Globtier Infotech Limited, a leading provider of IT and digital transformation solutions, has been successfully listed on the BSE SME exchange. The IPO proceeds will be utilized to fund working capital requirements, repay certain loans, and meet general corporate objectives.

    Commenting on the milestone, Mr. Rajiv Shukla, Chairman of Globtier Infotech Limited, said: “Our listing on the BSE SME exchange marks an important step in Globtier’s growth journey. With a strong focus on digital transformation, cloud, AI, and cybersecurity, we remain committed to delivering innovation and value to our clients worldwide.”

    With a customer-first approach and proven delivery capabilities, Globtier continues to drive innovation, strengthen digital resilience, and enable business performance at a global scale.

    The company’s core offerings include:

    • Digital Transformation Consulting – modernizing business processes and systems.
    • Cloud Computing Solutions – scalable cloud adoption, migration, and management.
    • Artificial Intelligence & Automation – intelligent workflows and AI-powered business tools.
    • Cybersecurity Services – enterprise-grade, end-to-end protection frameworks.
    • Managed IT & SAP Support – ensuring seamless operations and long-term efficiency.

     

    About Globtier Infotech Limited

    Incorporated in 2012, Globtier Infotech has built a strong reputation as a technology transformation partner for Fortune 500 companies, large enterprises, SMEs, and startups across industries.

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  • Beeline Strengthens Mainboard Track Record with 96% Anchor Book in Shreeji Shipping IPO

    Beeline Strengthens Mainboard Track Record with 96% Anchor Book in Shreeji Shipping IPO

    Mumbai (Maharashtra) [India], September 3: Beeline Capital Advisors Private Limited has successfully closed the deal for Shreeji Shipping Global Limited’s IPO with an overwhelming response. The Initial Public Offering, sized at ₹410.71 crore, attracted strong investor interest and was subscribed to the tune of ₹16,882 crore – translating into a remarkable 58.10 times oversubscription.

    Notably, Beeline secured nearly 96% of the anchor book in a two-bank syndicated IPO, reinforcing its strong institutional distribution capabilities. The anchor book saw participation from marquee institutional investors including Bank of India Small Cap Fund, Bank of India Mid & Small Cap Equity & Debt Fund, Morgan Stanley Asia (Singapore) PTE, and BNP Paribas Financial Market-ODI. Their presence underscores robust institutional confidence in Shreeji Shipping’s business model and growth potential.

    Despite challenging market conditions, the IPO made a solid debut. Shares were issued at ₹252 and opened at ₹271.85, touching a high of ₹275 on listing day – reflecting resilient demand amid market volatility.

    This marks Beeline’s third mainboard IPO, following the successful listings of Mamata Machinery Limited and Borana Weaves Limited. Continuing its momentum, Beeline is now gearing up for the mainboard IPO of Amanta Healthcare Limited, where the anchor portion size of ₹37.80 Cr has already been subscribed successfully, with Bandhan Small Cap Fund emerging as the top anchor investor.

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  • Cupid Limited Robust B2B Export Order Book & Encouraging International Order Pipeline

    Cupid Limited Robust B2B Export Order Book & Encouraging International Order Pipeline

    Mumbai (Maharashtra) [India], September 3: Cupid Limited, (BSE – 530843, NSE – CUPID), – Cupid Limited, announced that its current B2B export order book is at $11.50 Million US Dollars, which is equivalent to ₹100 Cr plus, across three of its key products: Male condoms, Female condoms and Lubricants, which is scheduled to be executed in Q2 and Q3 of FY26.

    These orders are from international government tenders in South Africa, Tanzania, and Kenya, as well as from international agencies WHO/UNFPA, NGOs like MSI and PSI.

    In addition, Cupid’s IVD Kits are witnessing strong traction in international markets, supported by steady B2B export orders from several African and Asian countries. The Company anticipates orders from European markets starting Q4 FY26, following the CE Certification of four IVD Kits.

    Cupid Limited also anticipates significant female condom orders from Brazil, having secured L1 in the recent tender comprising 6.25 million pieces valued at approximately ₹40 Cr, with additional future orders expected from Brazil, along with new tender-based orders for Cupid female condoms from Tanzania, one of the largest markets in East Africa. These orders are anticipated in Q2 and Q3 of FY26.

    These opportunities will be further augmented by regular orders under the new five-year South Africa tender, scheduled to commence in Q4 FY26, under which Cupid is eligible to supply 100% of the requirements for both female and male condoms.

    WHO / UNFPA, NGOs, CIS private market orders, and consistent future orders from other international B2B markets are being pursued through multiple new country registrations and business development programs across Latin America, Europe, and Africa.

    Simultaneously, the Cupid B2C FMCG Branded Business team is exploring new markets in the GCC, African Continent and Indian Subcontinent to expand the Cupid Branded Business into international geographies beyond India in FY26 and FY27.

    Commenting on the development, Mr. Aditya Kumar Halwasiya, Chairman & Managing Director, Cupid Limited, stated, ” Our current confirmed order book is the highest in the company’s history from our Top 3 Products, which provides us very strong revenue visibility for the coming quarters. In addition, the expected female condom orders from Brazil, new tender opportunities in Tanzania, and the commencement of the South Africa five-year tender will significantly enhance our international business. Alongside, the growing traction of our IVD Kits and our planned expansion into new B2C international markets position Cupid well for sustainable growth in FY26 and beyond.”

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  • Karbonsteel Engineering Limited IPO Opens on Sep 08, 2025

    Karbonsteel Engineering Limited IPO Opens on Sep 08, 2025

    Mumbai (Maharashtra) [India], September 3: Karbonsteel Engineering Limited (The Company, Karbonsteel) is a structural engineering and fabrication company engaged in the design, manufacturing and assembly of heavy and precision steel structures. Proposes to open its Initial Public Offering on September 08, 2025, aiming to raise ₹ 59.30 Crores (at upper price band) with shares to be listed on the BSE SME platform.

    The issue size is 37,29,600 equity shares with a face value of ₹ 10 each with a price band of ₹ 151 – ₹ 159 Per Share.

    Equity Share Allocation

    • Anchor Portion – Up To 10,60,800 Equity Shares
    • Qualified Institutional Buyer – Up To 7,08,000 Equity Shares
    • Non-Institutional Investors – Not less than 5,32,800Equity Shares
    • Individual Investors – Not less than 12,40,000 Equity Shares
    • Market Maker – Up to 1,88,000 Equity Shares

    The net proceeds from the IPO will be utilized for funding capital expenditure towards the expansion of the existing Umbergaon facility through the construction of new sheds, improving financial health through debt reduction, meeting working capital requirements, and general corporate purposes. The anchor portion will open on Thursday, Sep 04, 2025, and the issue will close on Wednesday, Sep 10, 2025.

    The Book Running Lead Manager to the Issue is Seren Capital Private Limited, and the Registrar is Maashitla Securities Private Limited.

    Mr. Shrenik Kirit Shah, Chairman & Managing Director of Karbonsteel Engineering Limited, expressed, “The upcoming IPO marks an important milestone for Karbonsteel Engineering Limited as we strengthen our capabilities for the next phase of growth. Over the years, we have delivered structural engineering and fabrication solutions across steel plants, refineries, oil & gas facilities, railway bridges, and industrial infrastructure, supported by advanced manufacturing units and an RDSO-approved facility for bridge girders.

    The IPO proceeds will be used to expand the Umbergaon facility, enhance production capacity, repay borrowings, and support working capital needs. These investments will improve efficiency, strengthen our financial position, and enable us to take on larger projects, thereby accelerating growth and creating long-term value for the company.”

    Mr. Gautam Lath, Director of Seren Capital Private Limited, said, “We are glad to partner with KarbonsteelEngineering Limited in its IPO journey. Over the years, the company has built strong capabilities in structural engineering and fabrication, delivering projects across diverse sectors such as steel, oil & gas, refineries, bridges, and industrial infrastructure. With advanced manufacturing facilities and an RDSO-approved setup for bridge girders, Karbonsteel has consistently demonstrated quality, precision, and execution strength.

    The structural engineering and fabrication industry is set for strong growth, supported by rising demand from industrial expansion and infrastructure development. This IPO will strengthen Karbonsteel’s ability to scale faster, take on larger and more complex projects, and enhance its competitiveness in a growing industry, positioning the company for long-term sustainable growth and value creation.”

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  • Meet Top 10 Influential Personalities Who Are Disrupting the Game in 2025 by SpatzMedia

    Meet Top 10 Influential Personalities Who Are Disrupting the Game in 2025 by SpatzMedia

    New Delhi [India], September 2: India is witnessing a surge of individuals whose expertise and vision are transforming sectors from healthcare and education to beauty, business, and sustainability. These ten innovators, thought leaders, and changemakers are setting new benchmarks in leadership, ethics, and innovation. Their stories are timely, relevant, and worth paying close attention to.

    1. Dr. Omkar Prasad Baidya

    A Visionary in Moral Philosophy and Global Peace

    Dr. Omkar Prasad Baidya, a renowned Indian physician, author, and philosopher, is a leading voice in moral philosophy and global peace. A faculty member at a medical institute in Kolkata, Dr. Baidya holds an MD and a Post MD-PhD in Physiology, and has authored several influential books, including A Path to World Peace and Morality Beyond Human Brain. His works explore universal ethics, human virtues, and the scientific foundations of intrinsic morality—concepts he believes are key to world peace. With a unique perspective bridging science, philosophy, and spirituality, Dr. Baidya emphasizes virtues like compassion, forgiveness, and nonviolence as pillars of peace. His contributions have earned him prestigious accolades such as the Mahatma Gandhi Nobel Peace Award and the Nelson Mandela Nobel Peace Award. Through his writings and vision, Dr. Baidya continues to inspire a new path toward a more ethical and harmonious world. Currently, he is a faculty member of a medical institute in Kolkata.

    1. Karate Pioneer Hanshi Premjit Sen

     Shaping a Martial Arts Legacy in Bengal

    Hanshi Premjit Sen, President of the Karate Do Association of Bengal, stands as a pioneering force behind the rise of Karate in Bengal and India. As the only Bengali to hold the prestigious WKF A-Grade Referee title and a recipient of the World Karate Federation’s Bronze Pin, his contributions are globally recognized. Under his visionary leadership, Karate has evolved from a niche pursuit into a mainstream discipline, integrated into schools and offering government-backed career opportunities in Indian Railways and the Armed Forces.

    With over three lakh students and a decade of glamorous, awareness-driven championships, Hanshi Sen has redefined Karate as a tool for empowerment—especially for women—and as a viable profession. His philosophy of Determination, Dedication, and Discipline continues to inspire future champions. As Bengal emerges as a global Karate hub, Hanshi Sen’s mission remains clear: to nurture excellence and make Karate a way of life for generations to come.

    1. Parish Rao

    Founder of Rao Valuers, is India’s trusted name in property valuation. With over 35 years of experience and recognition from IBBI and the Income Tax Department, his firm has completed 135,000+ certified valuations across residential, commercial, and industrial sectors.

    Parish’s journey started with inspiration from his civil engineer brother, evolving into a tech-driven, nationwide service with a 4.9 Google rating.

    Under his leadership, Rao Valuers has become a go-to partner for clients like HDFC, DLF, and NRIs worldwide, known for fast, compliant, and reliable reports.

    1. Astro Sandeep Tripathi

    Vedic Wisdom for a Prosperous Life

    Astro Sandeep Tripathi, founder of Astro Tripathi ,is a renowned Astrology & Vastu Consultant with over 20 years of experience. Guided by his spiritual mentor Pujniya Guru Dev K.A. Dubey Padmesh Ji, he integrates Vedic knowledge with modern insights to empower lives. Honored with the spiritual title “Ratnesh” and recognized by the Commissioner of Kanpur, Sandeep Tripathi has helped thousands find clarity in career, health, relationships, and business. He is also a NEET Chemistry faculty, blending scientific rigor with spiritual wisdom. His unique 360° approach includes Medical Astrology, AstroVastu, and career Counseling using divisional charts like D10, D9, and D24. Committed to authenticity and service, he plans to launch a digital learning platform and offer  guidance to students and seekers. Sandeep Tripathi’s mission is to make ancient wisdom accessible, practical, and transformative for all.

    1. Umesh Golecha

    With over 25 years of transformative experience, Umesh Golecha, Managing Partner at Consulting & Beyond, has emerged as a trusted advisor for India’s MSMEs, family-run enterprises, and retail businesses. Blending strategy with empathy, Umesh is redefining management consulting—not as a service, but as a partnership rooted in purpose. Through initiatives that have improved inventory turnover, enabled succession planning, and simplified ERP adoption, his firm has impacted over ₹5,000 crores worth of business value.

    Umesh believes, “Behind every balance sheet is a family, a dream, and a legacy,” a philosophy that drives C&B’s mission to empower 1000 enterprises from Tier-I to Tier-III cities.

    Business owners can book a session to explore growth strategies that blend structure, scalability, and sustainability. Because great businesses aren’t just built—they’re nurtured.

    1. Swapnil Ghadge

    DriftAura

    The Car Perfume Brand That Sold 30,000 Units Without a Website

    In an era dominated by digital-first brands, Swapnil Ghadge’s DriftAura is rewriting the startup rulebook. Launched in early 2025 with zero digital presence, the luxury car perfume brand sold over 30,000 units in just two months purely through word of mouth. Formerly a restaurateur, Ghadge identified a gap in the in-car fragrance market: premium quality at an accessible price. DriftAura delivers long-lasting, luxurious scents in a sleek, customer-first design.

    What sets DriftAura apart is its grassroots launch no ads, no e-commerce, just a relentless focus on product excellence and user experience. Customers rave about its elegant packaging and scent performance that outlasts more expensive alternatives.

    As the brand gears up for expansion, including a digital launch and new fragrance drops, Ghadge hopes his journey inspires aspiring entrepreneurs. “Belief in your product and purpose can outperform any marketing budget,” he says proving hustle still beats hype.

    1. Professor Dr. Abdul Mohammed Ali Jinnah

    Professor Dr. Abdul Mohammed Ali Jinnah of Jamal Mohammad College has unveiled the initial entries in an ambitious new Prakriti children’s storybook series designed to foster environmental consciousness through engaging narratives. With roots in his early fascination spurred by encyclopedias and wildlife programming, the project began with five stories—featuring iconic Indian species such as the gharial, king cobra, langur, Nilgiri tahr, and great Indian bustard with plans expanding to an inspiring 30-book goal .

    In the latest installment, Dr. Jinnah discusses how his approach weaves in eco-theory and even postmodern sensibilities, while the heartfelt illustrations—courtesy of Samyuktha bring the endangered animals to vivid life .

    This project is brought out by Pachyderm Tales and ten of these books are Supported by philanthropist Rtn. AKS Dr. K. Srinivasan. This series promises to be a valuable resource to nurture young environmental stewards across India.

    1. Dr. Mohammed Faizan

    Advancing Spine Surgery with Passion and Precision

    Dr. Mohammed Faizan, Director and Head of the Department of Spine Surgery at Max Hospital, Nagpur, is a leading name in high-end spine care. With a Gold Medal in MS Orthopedics from Mumbai University and a 2nd International Rank in the AO Spine Diploma Exam (2020), his journey reflects excellence and dedication. Inspired by doctors in his childhood, Dr. Faizan turned passion into profession—driven by commitment, responsibility, and a work ethic he proudly calls his “addiction.”

    Recognized as a pioneer in Central India, he has spearheaded the adoption of advanced procedures, including Endoscopic Spine Surgery and Minimally Invasive Spinal Decompression, significantly expanding regional access to modern spine care. He also contributes academically, training future spine surgeons and innovating diagnostic techniques that elevate patient outcomes.

    Dr. Faizan believes research and presentations are key to shaping the future of medicine. His advice to aspiring doctors: hard work, faith, sacrifice, and patience are the pillars of success.

    1. Sunjjoy Chaudhri

    Sunjjoy Chaudhri, widely recognized as India’s Business Case Study Expert, is the founder of Setup Mastery and author of Do Self Case Study. His journey is as compelling as his mission—once battling extreme poverty and even surviving a life-threatening flood, Sunjjoy chose not the secure path of a government job, but the uncertain road of entrepreneurship, driven by a vision to create meaningful change.

    Through his innovative tools such as the Self Case Study and the SBL Report, he has guided more than 39,000+ individuals in identifying loopholes, unlocking clarity, and building confidence in their personal and professional lives. His pioneering work earned him the prestigious Bharat Udyog Sanman Puraskar 2025, solidifying his role as a thought leader in business clarity.

    With Setup Mastery, the Business Case Study Expert is leading a bold vision: to bring clarity to every Indian household. By expanding workshops, publishing practical resources, and inspiring a consistency-driven mindset, he is shaping a new generation of resilient entrepreneurs. His message resonates deeply—true success begins when inner clarity aligns with outer action.

    1. Dr. Cherag Bambboat

    Transforming Beauty with Passion and Purpose

    Dr. Cherag Bambboat, the visionary behind Cherag’s Magical Makeover, has redefined the Indian beauty industry through his blend of global techniques and Indian aesthetics. A CIDESCO-certified expert and examiner, Dr. Bambboat has raised professional standards by introducing internationally benchmarked education via his academy. His mission: to empower artists through innovation, discipline, and self-expression.

    Faced with an unstructured industry, Dr. Bambboat pioneered holistic, science-backed training programs, creating a new generation of globally competitive professionals. His work transcends mere appearance championing confidence, individuality, and ethical artistry.

    Looking ahead, Dr. Bambboat envisions India as a global beauty leader. He plans to expand education, mentorship, and international exposure for emerging talent, while promoting authenticity and innovation.

    His advice to aspiring artists: “Success is more than technique it’s about staying authentic, passionate, and humble. Challenges shape your path; let your creativity lead the way.”

    Dr. Cherag Bambboat continues to inspire transformation inside and out.

    In a rapidly evolving world, these leaders offer not just inspiration, but direction. Their work informs policy, empowers communities, and shapes the narrative of modern India. As they continue to innovate and uplift, their journeys serve as living case studies in excellence, resilience, and meaningful progress.

    Release by: SpatzMedia

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