Category: Business

  • Reseal.in presents Bengal Business Awards 2024 in Kolkata

    Reseal.in presents Bengal Business Awards 2024 in Kolkata

    Kolkata (West Bengal) [India], May 7: Reseal.in, a leading market research organisation, presented the prestigious “Bengal Business Awards 2024” to prominent entrepreneurs, acknowledging and recognising their contributions to the growth of the state and country.

    The “Bengal Business Awards 2024” were presented to 60 individuals and organisations at a grand city in the City of Joy, Kolkata, on April 28. Popular Bengali film and TV actor Priyanka Sarkar was the celebrity guest at the award ceremony and presented the awards.

    In her address, Ms Sarkar commended the award winners and said it was her honour to present the awards to them.

    “As in the world of acting, awards not only recognise the efforts and acknowledge contributions of individuals but also serve as sources of inspiration. I am confident that the ‘Bengal Business Awards’ will inspire the award recipients to strive for even more success,” she said.

    Reseal Awards
    Bengali film and TV actor Priyanka Sarkar with Sudhir Pathade, Founder and CEO of Reseal.in

    Sudhir Pathade, Founder and CEO of Reseal.in, and the special guest at the awards ceremony, extended his heartfelt welcome to the participants and lauded the award winners.

    “Our vision of presenting these awards is to strengthen the economic foundation of West Bengal and the country. The awards not only recognise entrepreneurs and organisations but also provide a unique platform where their ideas are showcased before the world. The awards are a reaffirmation of our commitment to recognising smaller businesses,” Mr Pathade said.

    Reseal.in received close to 3,000 nominations for the “Bengal Business Awards 2024”. Of these, only the top 60 nominations were selected for the awards.

    Happiness and pride radiated from the faces of the award winners. They expressed gratitude towards reseal.in for its unique approach to honouring entrepreneurs, and commended the organisation for taking pride in their efforts and rewarding entrepreneurial achievements.

    The “Bengal Business Awards 2024” was sponsored by HR Polis. Samachar Wani News was the media partner, and the event was powered by Sure Me.

    Reseal Awards

    The list of the award winners and the categories are as follows:

    – Most Popular Elevator Services Provider Company In Kolkata – Shahi Engineering Works

    – Most Renowned Startup Aquaculture & Agriculture Manufacturing Company In India – Finray Biotech Private Limited

    – Most Renowned BIM Services Provider Company Of The Year – Zenith BIM Services

    – Excellence Contribution Towards Health & Wellness – Asclepius Wellness Pvt Ltd

    – Most Leading Non-Surgical Hair Transplant Centre In West Bengal – Fusion Hair Solution

    – One Of The Leading Steel & Furniture Supplier Company In West Bengal – Shyama Steel Furniture

    – One Of The Leading Motivational Speaker & Online Coaching Institute In Kolkata – Priyanka Samanta & Sontu Biswas (SKYL Technologies LLP)

    – One Of The Leading PVC Pipe & Storing Water Tank Company In West Bengal – HM Tubewell Centre

    – Best Organization (Education & Training) In West Bengal – DREAM PEDDLERS [under C.C.P.L.]

    – One Of The Leading Manufacturer Of Electrical & Industrial Cable In West Bengal – Gaurav Binani & Priyank Parakh (Arihant Cable, Howrah)

    – One Of The Leading Interior Designing Company In Kolkata – Zenith Interior (Syed Aziz Ahmed)

    – Best Traditional Jewellery Brand Of The Year – The Alankara – A Complete Wedding Store

    – Most Renowned Traditional Saree Manufacturer & Supplier In West Bengal – Anisha Mondal Barsha (Barsha Silpayan)

    – West Bengal’s Most Popular Commercial Vehicle Dealer & Long Vehicle Trailer Manufacturing Company –  Babaji Engineering Trailor Work

    – Best Ready-Mix Concrete Manufacturer Company In West Bengal – THE GLOBAL CONCRETE

    – Most Trusted Study Abroad Consultant & Education Institute In East India – Taksheela Institute Of Education

    – Best Legal Advisory In Kolkata – S. Nath & Co. Solicitors & Advocates

    – One Of The Leading Steel Furniture Manufacturer In Nadia – Maa Tara Steel Furniture and Sayan CNC Almirah Manufacturing Company

    – Leading Corporate & Education Consultant Company In West Bengal – Allign Consultancy Services Pvt. Ltd. (Dr Sudipta Banerjee / Mrs Soma Banerjee)

    – Best Designer Costume Brand In Kolkata – Chandrima’s RR Fashion Hub

    – One Of The Leading Paper Disposable Item Making Machine Supplier Company In West Bengal – Rinisa Corporation (Sohini Das / Niladri Das)

    – One Of The Leading Stock Market Academy In Burdwan – Wealth Plus Trading Academy Pvt. Ltd.

    – Best Aqua Feed Manufacturer In East India – Sreema Feeds

    – One Of The Leading Domestic & International Travel Company In West Bengal – Weekytrips World Tour

    – Most Renowned Eco-Friendly & Organic Paint Brand In West Bengal – LGK Agrotech LLP

    – Most Leading Transformer & HT Switchgears Manufacturing Company In West Bengal – Arun Enterprises / I Power Transformers

    – Best Budget Friendly Interior Designer In Kolkata – Spectrum Interior

    – Most Trusted Jewellery Stone Manufacturer & Wholesaler In West Bengal – Mongoola Stone

    – Upcoming Interior & MEP Infrastructure Development Company In West Bengal – SCUBE SPACES PRIVATE LIMITED

    One Of The Leading Disposable Product Manufacturer Company In West Bengal – LPP Paper Plate Private Limited

    – One Of The Leading Infrastructure & Interior Designer Company In West Bengal – Archisman Infratech India Private Limited

    – Most Renowned Education Consultant & Career Counsellor In West Bengal – Pahal Design Education Pvt Ltd

    – Youngest Entrepreneur In West Bengal – Sayan Gupta (ChaWala)

    – One Of The Leading Seeds Manufacturer In West Bengal – Oxygen Seeds By Sobar Priyo Agro Products

    – One Of The Emerging Construction Company In Kolkata – Bluefin Housing and Development Pvt Ltd

    – Excellence Contribution Towards Health & Wellness – Dr. Partha Naraynan Joardar (Vice President Of Healthcare Division of Emami Limited)

    – One Of The Best Motivational Media Company In West Bengal – Jangalmahal Mobile Media

    – One Of The Leading Insurance Service Provider In East India – Skylight Management Services Pvt Ltd

    – Most Renowned Solar Product Manufacturer Company In West Bengal –  Operose Energy Private Limited

    – Most Renowned Customized Software Development Company In West Bengal – Leads Digital

    – Best Startup Of The Year – Debjani Nandy & Arpan Das

    – One Of The Leading Solar & Renewable Energy Brand In West Bengal – SunGreen Power & Renewable Energy (P) Ltd.

    – One Of The Leading Financial Advisor & Services Provider Company In West Bengal –  Equity Plus Private Limited

    – One Of The Best Business Personality Of The Year – Dr. Shubham Rastogi

    – Best Management & Engineering Institute In West Bengal – Elivate Management and Engineering Institute (Computer Engineering Institute)

    – One Of The Leading Software Development Learning Institute In North 24 Parganas – Learn Gyan Coding And It Institute- Krishna Education Enterprise

    – One Of The Leading Plastic Machine Manufacturing Company In West Bengal – Swarnabha Industries pvt ltd

    – Best Life & Fitness Coach Of The Year – Barnali Haldar

    – Most Renowned Corporate Services Provider Company In West Bengal – Guglymart Private Limited

    – One of the Leading Engineering Consulting Companies in West Bengal – Development Consultants Private Limited [DCPL]

    – Most Renowned Ply Trader In West Bengal – Rahul Saha (Chakda Ply Centre)

    – One Of The Leading High Quality Water Purification System Manufacturing Company

    In West Bengal – ZEOMAX

    – Most Renowned DM Water Manufacturing Company In West Bengal – Amanzee Water Treatment Plant

    – Best Hair & Skin Specialist In India – SUNI’S COSMOCARE

    – One Of The Leading Gold Plated Jewellery Brand In West Bengal – Dristi-Jewellery (Gold Plated)

    – Most Reliable Water Purifier & Kitchen Appliances Product Manufacturing Company In West Bengal – Vinayak Enterprise (Hind Water & Vantex)

    – Fastest Growing Online Women Clothing Brand In West Bengal – Ria’s Fashion
    Best Auto Car Dealer In Kolkata – Auto Brand (MD Farhan)

  • Premier Roadlines Limited IPO To Open On 10th May, Sets Price Band At Rs 63 to Rs 67 Per Share

    Premier Roadlines Limited IPO To Open On 10th May, Sets Price Band At Rs 63 to Rs 67 Per Share

    New Delhi [India], May 7: Established in 2008, Premier Roadlines Limited offers logistics solutions for companies, especially for surface transportation of goods between 1 MT and 250 MT. The company is poised for its initial public offering (IPO), with plans to raise INR 40.36 crores through the issuance of 60.24 lakh new shares.

    For its SME Initial Public Offering (IPO), Premier Roadlines Limited has established a price band of Rs 63 to Rs 67 per share. The company’s shares will open for subscription on Friday, May 10, 2024 and closes on Tuesday, May 14, 2024. These will be listed on the NSE SME, with a projected listing date of Friday, May 17, 2024

    Hem Securities Limited is the book running lead manager of the Premier Roadlines IPO, while Maashitla Securities Private Limited is the registrar for the issue.

    The issue proceeds will be utilized in pre-payment, in full or part, of certain borrowings availed by the company, purchase of vehicle for commercial purposes, to meet working capital requirements and general corporate purposes.

    On Wednesday, May 15, 2024, the shares for the Premier Roadlines IPO are anticipated to be allotted, and on Thursday, May 16, 2024, the shares will be credited to the demat account of the allottees. The IPO comprises 50% of the net issue for QIB, 35% for retail investors and 15% of the net issue for the NII segment.

    Retail investors need to contribute a minimum of Rs 1.34 lakh considering the minimum lot size for an application is 2000 shares. For HNIs, the minimum bidding size is two lots, or 4000 shares, for a total investment of Rs 2.68 lakh at the upper price band.

    Premier Roadlines Limited’s revenue increased by 38.48% and profit after tax (PAT) rose by 84.89% between the financial year ending with March 31, 2023 and March 31, 2022.

    Premier Roadlines Limited offers logistics solutions for companies, especially for surface transportation of goods between 1 MT and 250 MT. The company offers project logistics,  oversized/overweight cargo and contracted logistics services across India. The company caters to B2B customers who need to transport large quantities of their goods from one place to another within India and to other neighboring countries like Nepal, Bhutan, etc.

    The company’s customers come from sectors such as infrastructure, energy, electricity, oil and gas, mechanical engineering, construction, metallurgy, renewable energies, etc. The company is headquartered in Delhi and has 28 branches in Ahmedabad, Bengaluru, Chennai, Guwahati, Hyderabad, Kolkata, Mumbai, Nashik, Pune, etc.

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  • Aztec Fluids and Machinery Limited IPO To Open On 10th May, Sets Price Band At Rs 63 to Rs 67 Per Share

    Aztec Fluids and Machinery Limited IPO To Open On 10th May, Sets Price Band At Rs 63 to Rs 67 Per Share

    Ahmedabad (Gujarat) [India], May 7: Established in 2011, Aztec Fluids & Machinery Limited provides a quality-assured assortment of Printers, Printer consumables, and Printer Spares to a diverse range of industries. The company is poised for its initial public offering (IPO), with plans to raise INR 24.12 crores through the issuance of 36 lakh new shares.

    For its SME Initial Public Offering (IPO), Aztec Fluids & Machinery Limited has established a price band of Rs 63 to Rs 67 per share. The company’s shares will open for subscription on Friday, May 10, 2024 and closes on Tuesday, May 14, 2024. These will be listed on the BSE SME, with a projected listing date of Friday, May 17, 2024

    Hem Securities Limited is the book running lead manager of the Aztec Fluids & Machinery IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Aztec Fluids & Machinery IPO is Hem Finlease.

    The issue proceeds will be utilized in Funding of the proposed acquisition of equity shares of Jet Inks Private Limited, repayment of a portion of certain borrowing availed by the Company and general corporate purposes.

    On Wednesday, May 15, 2024, the shares for the Aztec Fluids & Machinery IPO are anticipated to be allotted, and on Thursday, May 16, 2024, the shares will be credited to the demat account of the allottees. The IPO comprises 50% of the net issue for QIB, 35% for retail investors and 15% of the net issue for the NII segment.

    Retail investors need to contribute a minimum of Rs 1.34 lakh considering the minimum lot size for an application is 2000 shares. For HNIs, the minimum bidding size is two lots, or 4000 shares, for a total investment of Rs 2.68 lakh at the upper price band.

    Aztec Fluids & Machinery Limited’s revenue increased by 17.46% and profit after tax (PAT) rose by 5.18% between the financial year ending with March 31, 2023 and March 31, 2022.

    Aztec Fluids & Machinery Limited is in the business of providing coding & marking solutions thru it’s wide range of Printers, Printer consumables, and Printer Spares to a diverse range of industries, including personal care, food and beverages, pharmaceuticals, construction materials, cables, wires, and pipes, metals, automotive and electronics, agrochemicals, and chemicals and petrochemicals.

    The company exports its products to countries such as Sri Lanka, Nepal, Bhutan, Bangladesh, Kenya and Nigeria. The company has its registered office in Ahmedabad and a warehouse in Kheda, Gujarat for storing imported printers.

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  • Inner Drive: An epic journey, told person by person

    Inner Drive: An epic journey, told person by person

    New Delhi (India), May 7: How does a startup, founded far from the advantages and resources of the world’s tech hubs, go on to reach unicorn status? And more deeply, just how far can the drive for meaning and purpose ultimately take you? The inDrive documentary sets out to answer these questions.

    In an exclusive reveal, the inDrive documentary offers audiences a rare glimpse into the heart and soul of the company with never-before-seen footage and candid stories from the individuals at inDrive’s roots, including founder and CEO Arsen Tomsky. This special content dives deep into their initial vision and the philosophy fueling inDrive. Viewers will be treated to insightful moments and pivotal turning points that have never been shared publicly; shedding light on the profound impact inDrive has had on communities. 

    Far from being a run-of-the-mill corporate film, this narrative delves deep into the butterfly effect of positive impact, illustrating how inDrive’s initiatives have rippled through communities, creating waves of change that extend far beyond their initial touchpoints.

    In the frozen Yakutsk winter, a group of people band together against the unfair price collusion of taxi companies that leaves people stranded in the cold. They gained immense popularity and evolved into the world’s premier app for fair rides.

    It’s a simple enough idea, but it carries the potential to be revolutionary. From this frozen seed, a collective stance against injustice, inDrive takes root. Today, the company has grown to become the world’s second-largest ride-hailing app, operating in over 700 cities in 46 countries, fuelled by deep-seated ideals and ambitions that extend far beyond profit.

    inDrive wants to reimagine capitalism, no less: to put people back in control, restore their freedom to choose, and so make their lives better. 

    Reflecting on the film and its message, inDrive Founder and CEO Arsen Tomsky said: “We should focus on the path, on the journey. And if you do something important for you, that is very meaningful for you, and you develop an external environment during that journey, you are getting more and more with each step. And that is something which nobody can take from you. Even if you don’t reach a peak, you will have something available to you.”

    The piece is directed by Greek filmmaker Theo Papadoulakis, whose acclaimed work highlights his skill in depicting ordinary people in extraordinary circumstances. Papadoulakis’ ability to capture the human spirit’s resilience has earned him over 70 international awards. 

    Person by person, the documentary tells inDrive’s story.

    From the remarkable individuals in Nigeria, Indonesia, Mexico and beyond, who use the ride-hailing app to take control of their futures, to the communities who take their chance to move forward. 

    From Arsen Tomsky, the company’s visionary CEO, who overcomes challenges, both personal and social, to take an idea to the world, to the employees who come on board to help inDrive evolve and grow, fuelled by shared values and a common goal. 

    It’s an epic journey, told by connecting people around the world. And it’s far from over. 

    Watch the inDrive movie here: movie.indrive.com

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  • Winsol Engineers Limited’ Ltd IPO Closes on 9th May, 2024 on NSE EMERGE

    Winsol Engineers Limited’ Ltd IPO Closes on 9th May, 2024 on NSE EMERGE

    New Delhi (India), May 6: ‘Winsol Engineers Limited’ Ltd IPO opens on 6th May 2024 and Closes on 9th May 2024.  ‘Winsol Engineers Limited’ Ltdwas incorporated as ‘Winsol Engineers Private Limited’ at Jamnagar, later the Company was changed to ‘Winsol Engineers Limited’ on December 21, 2023.

    Located in Jamnagar, Winsol Engineers Limited is an integrated engineering, procurement, construction, and commissioning company that provides Balance of Plant (BoP) Solutions for both wind and solar power generation companies. The company’s core services for BoP Solutions include Foundation work, Substation Civil and Electrical work, Right of Way services, cabling to substation and Grid, and Miscellaneous work; their clients are in the renewable energy industry who prefer Winsol Engineers Ltd. for the BoP solutions due to their historic track record of timely completion of the project, expertise and extensive experience in the business and cost efficiency. In addition to its core BoP Solutions, the company also provides Operation and Maintenance services for Plant handling and monitoring. The company has benefited from the extensive experience of its Promoters, Mr. Ramesh Jivabhai Pindariya and Mr. Kishor Jivabhai Pindariya, who are associated with the company since its incorporation and have more than 35 (Thirty-Five) years in the Engineering Industry. The Board of Directors, Key Managerial Personnel and Senior Management Personnel has also made a significant contribution to the growth of the company.

    Post IPO, the company’s shares will be listed on NSE EMERGE. 

    Winsol Engineers Limited’s IPO Objectives:

    -The company plans to allocate the net proceeds from the issuance to the following purposes

    -To meet working capital requirements.

    -General Corporate Purpose.

    Key Financials: 

    The company has posted a total revenue of 2,216.35 Lakhs. (FY21), Rs. 6,070.19 Lakhs (FY22), Rs.6 538.66 Lakhs (FY23) and Rs. 5,195.23 (For the period ended December 2023).

    The company has posted a Net Profit of 49.44 Lakhs. (FY21), Rs. 108.46 Lakhs (FY22), Rs.518.07 Lakhs (FY23) and Rs. 677.26 (For the period ended December 2023).

    Book Running Lead manager of the issue is Beeline Capital Advisors Pvt Ltd, and the Registrar of the issue is KFin Technologies Limited.

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  • Galaxy Watch The Perfect Gift For Your Loved Ones

    Galaxy Watch The Perfect Gift For Your Loved Ones

    New Delhi [India], May 6: Watches make for the most timeless gifts and probably none more than Galaxy Watches. Made in India, these watches are a specimen of fine craftsmanship and horology. Made with passion, dedication and love, each watch is a statement piece that you’ll cherish for years to come. 

    The Galaxy Watch brand is a symbol of class, power and sophistication. With a wide range of watches for men, women and couples they offer you a product line that will give you a multitude of choices. With a passion for precision, they have choices for every occasion.

    From simple yet iconic chronographs to minimalistic pieces that exude charm, there is something for every type of customer. Due to their affordability, iconic designs and world class quality the brand has carved a niche for itself in the Indian markets. 

    For men, the collection of watches exude power and sophistication. From powerful pieces to sleek minimalist designs, Galaxy has the perfect piece that fits your style and refinement with precision. You will find something for every occasion, and every statement.

    But more than just functional accessories, Galaxy makes watches that are symbols of your personal style. With world class designs that go with every outfit, the range of products available in the collection for women will blow you away. No matter our outfit of the day, you will find a watch that matches your vibe. Galaxy provides you with the perfect balance of functionality and design.

    The couples collection is the perfect symbol to celebrate your everlasting love and togetherness. Crafted with the same love and care you have for your partner, these watches make for the best gifts for every occasion. You can celebrate your love everyday by wearing a Galaxy Watch every time you step out. With their everlasting designs, these watches never go out of style like your love. 

    The Galaxy Watch brand sets itself apart from all the other watches with its steadfast dedication to the “Make in India” initiative. All of its watches are made in the country and will add to your sense of pride of being an Indian. Making luxury affordable, Galaxy also offers a unique and powerful range of affordable options. To ensure that wearing iconic chronographs don’t break your pocket, opt for a Galaxy Watch. 

    Celebrate your love for watches and craftsmanship with Galaxy Watch. A homegrown brand with a wide range of products for him, her and you both together, Galaxy makes the most iconic pieces in an affordable range.  Standing out as a pillar of excellence, elegance, innovation and precision, these watches will add to your sense of style and help you ooze class every time you put one on. 

    Looking for the perfect gift or fashion statement? Look no further than Galaxy Watch.

    For more information: https://www.galaxywatches.in 

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  • EMIYA ENTECH PRIVATE LIMITED Takes Home the Indian Iconic Gypsum Company of the Year Award at Indian Icon Awards 2024

    EMIYA ENTECH PRIVATE LIMITED Takes Home the Indian Iconic Gypsum Company of the Year Award at Indian Icon Awards 2024

    Bengaluru (Karnataka) [India], May 6:  EMIYA ENTECH PRIVATE LIMITED, a trailblazer in the building construction industry with its innovative gypsum plastering solutions, has been honoured with the prestigious Indian Iconic Gypsum Company of the Year 2024 award at the Indian Icon Awards ceremony held at The Lalit Ashok, Bengaluru.

    Founded by Siji PS (CEO), Shobha P.R (Chairperson), and Nithin H.V (Managing Director), EMIYA ENTECH PRIVATE LIMITED has redefined the plastering segment by introducing a revolutionary alternative to traditional cement and sand plastering. Their flagship product, Sarwinplast HD-MR Gypsum Plastering material, offers a complete plastering solution without the need for sand, cement, water curing, white cement, or wall care putty.

    “We are thrilled to receive the Indian Iconic Gypsum Company of the Year award,” said Siji PS (CEO), Shobha P.R (Chairperson) of EMIYA ENTECH PRIVATE LIMITED. “At EMIYA, we are committed to innovation and sustainability in the construction sector. Our Sarwinplast HD-MR Gypsum Plastering material not only simplifies the plastering process but also delivers superior quality and finish, making it ideal for a wide range of internal plastering applications.”

    EMIYA ENTECH PRIVATE LIMITED began its gypsum marketing journey in Kerala in 2012 and has since expanded its reach to cover entire South India, including Andaman, and parts of Middle India with various gypsum materials. With ambitious plans to penetrate the entire Indian market by the end of 2028, the company aims to establish itself as a leading provider of innovative gypsum solutions nationwide.

    “We are grateful to the Indian Icon Awards for recognizing our efforts to revolutionize the construction industry,” added Nithin H.V, Managing Director of EMIYA ENTECH PRIVATE LIMITED. “This award is a testament to our dedication to providing sustainable and efficient solutions that contribute to the advancement of building practices.”

    For more information about EMIYA ENTECH PRIVATE LIMITED and their innovative gypsum solutions, please contact them at +91 9747410514 or via email at emiyaentech@gmail.com.

    Media Contact:

    Name: Siji PS

    Title: CEO

    Phone: +91 9747410514

    Email: emiyaentech@gmail.com

    Award Details:

    Award Category: Indian Iconic Gypsum Company of the Year 2024

    Award Recipient: EMIYA ENTECH PRIVATE LIMITED

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  • Energy Mission Machineries plans to raise up to Rs. 41.15 crore from public issue; IPO opens May 9

    Energy Mission Machineries plans to raise up to Rs. 41.15 crore from public issue; IPO opens May 9

    Ahmedabad (Gujarat) [India], May 6:  Ahmedabad based Energy Mission Machineries (India) Ltd, a leading company in designing and manufacturing of a diverse range of sheet metal machinery is planning to raise up to Rs. 41.15 crore from its SME public issue. The company has received approval to launch its public issue on NSE Emerge Platform of National Stock Exchange. The public issue open for subscription on May 9 and closes on May 13. The Proceeds of the public issue will be utilised to fund company’s expansion plans including civil construction work, new plant & machineries at existing manufacturing unit at Sanand, Gujarat, meeting the working capital requirements and general corporate purposes. Hem Securities Limited is the book running lead manager of the issue.

    Company to issue 29.82 lakh Equity shares of Rs. 10 face value in the price band of Rs. 131 to Rs. 138 per share; To list NSE EMERGE Platform of NSE

    The initial public offering comprises of a fresh issue of 29.82 lakh equity shares of face value Rs. 10 each in the price band of Rs. 131 to Rs. 138 per equity share for the public issue. Out of the issue proceeds of Rs. 41.15 crore, company plans to utilize Rs. 6.86 crore towards civil construction work at existing manufacturing unit located at Sanand, district Ahmedabad, Gujarat, Rs. 7.43 crore towards installation of new plant & machineries, Rs. 15 crore towards working capital requirements. Minimum lot size for the application is 1000 shares which translates in to investment of Rs. 1.38 lakh per application. Retail investor quota for the IPO is kept at not less than 35% of the net offer, HNI quote is kept at not less than 15% of the offer and QIB portion is kept at not more than 50% of the net offer.  Market Maker portion is kept at 1.50 lakh equity shares.

    Energy Mission Machineries (India) designs and manufactures CNC, NC, and conventional metal forming machines that cater to the industrial sector’s need for metal fabrication solutions. The company’s range of metal forming machines includes press brake machines, shearing machines, plate rolling machines, ironworker machines, hydraulic presses, and busbar bending, cut- ting, and punching machines. The company’s machines are used across various industries, including automotive, steel, pre-engineered buildings, furniture, HVAC, agricultural equipment, road construction equipment, elevators, food processing machinery, metalworking workshops, etc.

    Energy Mission Machineries (India) has sold its products to customers in over 20 states and 2 union territories in India. Additionally, the company has exported its products to several countries worldwide, including the USA, Switzerland, Russia, Nepal, Kenya, Uganda, UAE, Saudi Arabia, and other countries in the Middle East.

    The company’s manufacturing facility is situated in Sanand, Ahmedabad, spread over 18,234 sq. mtrs. The manufacturing facility is ISO 9001:2015 certified and has installed capacity to produce 900 machines annually. Company has sold its products in 20 states and 2 Union Territories in India, with most revenue from Maharashtra, Gujarat, and Karnataka.

    Company has reported operational and financial performance over years. For the 9 months of FY 23-24 ended December 2023, company has reported consolidated total income of Rs. 83.99 crore, EBITDA of Rs. 12.71 crore and Net Profit of Rs. 6.74 crore. For full year of FY 22-23, company reported total income of Rs. 100.66 crore, EBITDA of Rs. 13.61 crore and Net profit of Rs. 7.90 crore. As on 30th December 2023, Net Worth of the company was reported at Rs. 30.28 crore, Reserves & Surplus at Rs. 21.93 crore. Shares of the company will be listed on NSE’s Emerge platform.                

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  • KLM Axiva Finvest Opens New Headquarters at Kochi

    KLM Axiva Finvest Opens New Headquarters at Kochi

    Kochi (Kerala) [India], May 6: In a momentous stride towards growth and expansion, KLM Axiva Finvest, India’s leading financial institution, announced the inauguration of its new headquarters building, the “KLM Grand Estate,” located at NH Bypass Edappally in Kochi. The achievement comes as a pivotal milestone in the company’s journey towards progress and innovation. The inauguration which was held on 5th May 2024, at 2:00 PM, by Shri VD Satheesan, Honourable Leader of Opposition. Shri TKA Nair, former Principal Secretary to the Prime Minister of India will be the Chief Guest. Indian Tennis Legend, Sania Mirza also joined the event as the Celebrity Guest.

    Cardinal Mar George Alencheri delivered the benedictory address. KLM Axiva Executive Director Shibu Theckumpuram addressed the gathering with opening remarks.

    The event was further distinguished by the presence of notable guests including Shri. M. Anil Kumar, Mayor, Kochi Corporation, Shri. Hibi Eden MP and Smt. Uma Thomas MLA.

    Shri. K Paul Thomas, Managing Director and CEO, ESAF Small Finance Bank inaugurated the KLM arena. Shri. Aju Jacob, Joint Managing Director, Synthite Industries inaugurated the KLM Management Institute.

    KLM Axiva Chairman, Shri. TP Srinivasan presided over the function. Shri. MP Joseph, Shri. Abraham Tarian and Prof. KM Kuriakose, the Directors of KLM Axiva addressed the gathering.

    In addition to the ceremonial proceedings, the inauguration festivities featured a “Meet the Legend” programme, offering young tennis talents a unique opportunity to interact with Smt. Sania Mirza. Further enhancing the company’s commitment to sports development, KLM Axiva will launch the ‘ACE’ project, aimed at nurturing budding tennis talents by providing essential sports equipment.

    Spanning 25,000 square feet across 5 floors, the KLM Grand Estate will serve as the centralized hub for all divisions of KLM Axiva. Boasting the state-of-the-art facilities including KLM Arena, Management Training Institute, Business Facilitation Center, and HR Lounge, the headquarters epitomizes the company’s dedication to innovation and sustainability.

    KLM Axiva Finvest is opening up the new corporate office during its Silver Jubilee year of inception with ambitious plans for expansion. KLM Axiva aims to grow its branch network to 2000 within the next 3 years and to manage assets worth Rs 5000 crores. Additionally, the group will launch a new NBFC dedicated to microfinance this year, underscoring its commitment to financial inclusion.

    In alignment with its vision for global outreach, KLM Axiva is also announcing the launch of branches in the United Kingdom, focusing on offering gold loans, money transfers, and currency exchange services. Ten branches will be opened in the UK this year.

    CEO Manoj Ravi, while speaking at the press conference in Kochi, emphasized that the KLM Grand Estate symbolizes the company’s unwavering dedication to customers and investors, marking a significant milestone in its journey of growth and prosperity. Executive Director Shibu Theckumpurum, along with the Directors Abraham Tharian, MP Joseph and Biji Shibu were also present. They reiterated the company’s commitment to excellence and innovation.

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  • Ramaani Oils: Elevating Culinary Experiences with Distinct Flavor and Aroma

    Ramaani Oils: Elevating Culinary Experiences with Distinct Flavor and Aroma

    New Delhi [India], May 6: Ramaani, a name synonymous with tradition and excellence in the realm of cold-pressed oils, continues to redefine culinary experiences with its premium range of oils. Renowned for their distinct flavor and aroma, Ramaani oils are cherished by culinary enthusiasts and chefs alike for their ability to elevate dishes to new heights.

    For generations, Ramaani has remained committed to preserving the essence of natural ingredients through traditional extraction methods. By eschewing heat and chemicals, Ramaani ensures that each bottle of oil encapsulates the true essence of the seeds and nuts from which it is derived. This dedication to purity not only preserves the nutritional integrity of the oils but also imbues them with a richness of flavor and aroma that sets them apart.

    From the nutty undertones of cold-pressed almond oil to the robust aroma of sesame oil, each Ramaani oil boasts a unique profile that adds depth and complexity to a variety of dishes. Whether used as a finishing touch to salads, a marinade for meats, or a flavorful base for stir-fries, Ramaani oils serve as versatile companions in the kitchen, enhancing every culinary creation with their distinctive taste and fragrance.

    At the heart of Ramaani’s philosophy lies a deep reverence for tradition and craftsmanship. Each bottle of oil is a testament to the generations of knowledge and expertise that have been passed down through the years, ensuring that every drop meets the highest standards of quality and authenticity. It is this unwavering commitment to excellence that has earned Ramaani a loyal following of discerning consumers who value both flavor and heritage.

    Beyond mere ingredients, Ramaani oils serve as catalysts for culinary exploration and innovation. By infusing dishes with their nuanced flavors and aromas, Ramaani oils inspire chefs and home cooks alike to push the boundaries of traditional cooking and embrace new flavors and techniques. Whether used in traditional Indian cuisine or global fusion dishes, Ramaani oils provide a canvas upon which culinary creativity knows no bounds.

    In an era marked by rapid innovation and changing tastes, Ramaani remains steadfast in its dedication to tradition and quality. With each bottle of oil, Ramaani invites consumers to embark on a sensory journey through flavor and aroma, reconnecting with the rich tapestry of culinary heritage that has shaped generations of cooks and food lovers alike.

    For more information, kindly visit website: https://ramaani.com

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