Category: Business

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Mumbai (Maharashtra) [India], March 27: The Indian Plumbing Association (IPA) highlights the vital role of plumbing practices in constructing sustainable and environmentally friendly buildings. IPA President, Mr. Gurmit Singh Arora strongly advocates that plumbing installations are not just mere installations but an act done after proper planning and designing. It is a pre-planned service that has to be carefully thought out from the very conceptual stage as it deals with human hygiene safety and the environment. 

Plumbing for any building includes water supply, sewage and waste disposal, water treatment, and maintaining hygiene standards. Plumbing contributes about 13% of a building’s cost. Its influence on the stability of the structure, human health in the building, and environmental sustainability is indispensable. Mr. Arora draws attention to startling statistics, which demonstrate that plumbing service should always be considered a priority. Defective plumbing contributes to 70% of communicable diseases, and seepage stemming from subpar installation can damage the building’s foundations, ultimately reducing the structure’s lifespan. 

Mr. Arora also agrees with the viewpoint that a grown-up and developed real estate sector is one of the major preconditions to achieve the ambition of a developed India by 2047, expressed by Union Minister Mr. Hardeep Singh Puri. Plumbing, along with the electrical system, are key lifelines in a building. Therefore, it becomes a must that plumbing consultants and Public Health Engineers be part of the project process from the start to see the incorporation of best plumbing practices. 

With over three decades of experience in redefining plumbing standards, IPA has been a prime mover in bringing prolific approaches to plumbing in India through different programs and outreach programs like the Plumbex India exhibition. Plumbex India 2024 will be held at Jio World Convention Centre in Mumbai from April 25 to 27, Thursday to Saturday. Plumbex serves as a meeting point for building professionals, real estate promoters, architects, design engineers, consultants, manufacturers, innovators, installers, service providers, and maintenance agencies – all under one roof – to explore the latest innovations and developments in the field.

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New Delhi (India), March 26: Zaramount Havana Villas LLP, the premier name in luxury real estate, is delighted to introduce an unparalleled living experience in the serene landscapes of Goa with the launch of two extraordinary villa series: Casa Havana and Casa Vino. At Zaramount, the company constructs villas engineered through design excellence and state-of-the-art technologies. Zaramount brings transparency that seamlessly reflects personalized services and creates an atmosphere of sophistication and class.

Zaramount Havana Villas LLP presents an array of villas meticulously designed to cater diverse preferences, offering the choice between fully furnished and unfurnished options. These residences boast an unparalleled living experience, enriched by Zaramount’s commitment to provide premier facilities and amenities. These villas are strategically located in North Goa, having proximity to various attractions, including the new international airport, ensuring convenient access to key destinations.

Nestled along the banks of the enchanting Moira River, Zaramount’s Casa Havana stands as a testament to design excellence and the epitome of luxury living. With six carefully crafted villas spread across 2475 sq. meters of lush land, Casa Havana presents a symphony of elegance and tranquillity.

Elegantly furnished, the villas feature spacious bedrooms, private balconies, lavish bathrooms, and thoughtfully appointed living and dining areas. Every detail, from intricate tilework to handcrafted fixtures, has been consciously curated, creating an unrivalled living experience. The interiors exude a sense of understated luxury with carefully chosen furnishings that seamlessly harmonize with the Cuban theme. Residents can bask in the warm embrace of Goa’s sea breezes, creating an ambiance of serenity and relaxation. Each villa boasts five bedrooms and bathrooms, a private swimming pool with jacuzzi, providing the epitome of opulence.

Zaramount’s Casa Vino series invites residents to experience a unique blend of contemporary elegance and coastal charm. Each of the five villas, ingeniously engineered through design excellence and state-of-the-art technologies, is named after a variety of fine wine, setting the stage for an unparalleled living experience.

Step into the lap of luxury, where curated interiors seamlessly marry sophistication with comfort. From the rich hues of Cabernet to the crisp, minimalist design of Chardonnay, Casa Vino offers a diverse sensory experience. The spacious living areas are adorned with contemporary art and designer furnishings, creating an inviting and stylish ambiance.

Floor-to-ceiling windows invite Goan sunshine, creating a seamless connection between indoor and outdoor spaces. Residents can indulge in the private pool or unwind in meticulously landscaped gardens, where the characteristics of the namesake wines are subtly reflected in the design elements. With a commitment to unparalleled comfort and a nod to the world of fine wines, Casa Vino redefines the art of coastal living, inviting residents to savor the richness of life in every moment. These three-bedroom villas, spread over 1500 sq. meters, represent the future of living while celebrating the heritage and classic style of Goa.

Mr. Shaily Grover, Partner, Zaramount Havana Villas LLP, shares, “I am thrilled to be part of Zaramount, where we have meticulously crafted Casa Havana and Casa Vino villas to be more than homes; they are havens of luxury and tranquillity. As connoisseurs of Cuban cigars and exceptional wine, our aim has been to craft an expression of our cultivated preferences and appreciation for life’s more refined pleasures within these villas. We have seamlessly woven these preferences into the ambiance of these luxurious homes, infusing a personalized touch that resonates with opulent aesthetics and indulgent pleasures.”

Mr. Ajay Bharti, Partner, Zaramount Havana Villas LLP, expresses, “At Zaramount, our vision for Casa Havana and Casa Vino goes beyond conventional living. These villas represent the epitome of innovative design and sustainable luxury, showcasing our commitment to redefine coastal living in Goa. They are not just residences; they are a testament to our dedication to providing residents with a lifestyle that harmonizes timeless elegance and modern functionality.”

Zaramount’s Casa Havana and Casa Vino villas stand as a testament to luxury, innovation and community integration. Each residence is built with a modern mindset that harmonizes luxurious privacy, sustainability, and state-of-the-art technology. These villas represent not just homes but a lifestyle where contemporary luxury and the vibrant spirit of Goa converge in perfect harmony.

For more information contact: +91-9319714555 and please visit: https://zaramountllp.com/

YouTube link: https://www.youtube.com/@Zaramountvillas

With more than individual experiences spanning over three decades, Zara Group is a diversified group in real estate and international commodity trade. Paramount Surgimed Limited has been a visionary in the lifestyle and healthcare fields. The origin of Zaramount is symbolized by the trust and quality that they both abide by. It is the coming together of two minds that dared to dream bigger with a commitment to deliver excellence and an unyielding desire to create spaces that nurture the mind, body, and soul.

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New Delhi (India) March 26: Pizza Hut, India’s most loved and trusted pizza brand, has launched its global bestseller, Melts, marking the brand’s entry into a new category in the Indian market. Melts is a versatile, convenient, and satisfying meal option that caters to consumers’ on-the-go lifestyle, perfect for anytime, anywhere consumption.

Crispy, cheesy and loaded, the all-new Melts features a thin and crispy crust loaded with flavorful fillings, melted 100% mozzarella cheese, flavourful sauce, folded over and baked to perfection with a buttery glaze and unique spice sprinkles. Melts has been a worldwide sensation and is now tailored to suit Indian taste preferences, offering six delightful variants: Loaded Veggie BBQ, Loaded Chicken BBQ, Cheesy Cheese, Cheesy Cheese Chicken, Magical Makhni Paneer, and Chicken Tikka and Keema Supreme.

Speaking about the launch, Merrill Pereyra, Managing Director, Pizza Hut Indian Subcontinent, said, “Melts is a product unlike any we have ever had in India, and marks our entry into a brand-new category. We are thrilled to launch such a versatile food item that is so convenient to eat, anytime, anywhere ensuring no interruption, only satisfaction for our customers who are always on the go. The variety of flavours and a great value price point will surely delight and surprise all Pizza Hut lovers, and we are eagerly awaiting their response.” 

Whether you are enjoying a movie night at home, having a busy day at work, or simply want to indulge in a culinary delight, the crispy, cheesy and loaded, Melts are sure to hit the spot. Melts starts at an affordable price of just Rs. 169 and is available at all 850+ Pizza Hut restaurants across India for dine-in, delivery, and takeaway. Additionally, Pizza Hut also offers exciting Melts combos and deals, such as Melts Meal for 1 & 3-course Meal for 2 options.

Along with Melts, Pizza Hut has also introduced its signature and much-awaited Thin N’ Crispy crust, with a variety of unique topping combinations, providing even more pizza crust choices for customers to enjoy.

For more information and to try the new Melts, visit your nearest Pizza Hut restaurant or order online through the Pizza Hut app!

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Nashik (Maharashtra) [India], March 26: On 15th March, Captain Tractors established an important milestone in Their journey. Captain 280 4wd Lion range was proudly launched by Captain Tractors at Nashik, Maharashtra. Powerfull but Affordable tractor with premium features in comfort and style, this tractor has an array of remarkable features designed to enhance the farming experience.

Farmers will now be able to work effortlessly at night with its equipped projector head lamps. Comfort has been prioritized in this Captain 280 4wd Lion series tractor with plush seats so farmers can work for long hours without strain. Strong oil brakes provide reliable stopping power in case of emergency.

Additionally, the tractor’s side-shifting slide mesh transmission allows for seamless gear changes without interrupting operation. The hydrostatic steering system reduces driver efforts, especially during low speeds. The inclusion of a linkage system effectively transfers weight and resistance from implements to the tractor’s drive wheels.

Powered by a twin cylinder engine, this tractor delivers smooth operation with low vibrations, leading to extended component life and minimal maintenance requirements. Additionally, the engine runs cooler and burns fuel cleaner for enhanced efficiency.

Loaded with premium features like new styling, led lights, internal battery placement and wide foot floor with rubber mats and pedals, this tractor sets a new standard for comfort, efficiency and durability in the agricultural industry. It should be noted that the maintenance cost of this tractor for the farmers is very low so that the efficiency increases. Along with this, the power of this Captain 280 4WD lion Series tractor is many times more than any other tractors available in this range.

The launch event was attended by over 800 farmers and over 2500 online Viewers. The atmosphere was filled with excitement and anticipation as they unveiled the Lion of the Farm.  From engaging entertainment programs to informative knowledge-sharing sessions, the event was a celebration of agriculture and innovation.

The Managing Director of the company Mr. Rajeshbhai Movaliya is feeling proud to deliver the excellent product of these Captain tractors to the customers. Not only that Captain Tractor, as a token of appreciation to their customers, organized an exciting lucky draw competition. Every 25 customers who purchased a Captain 280 4wd tractor stood a chance to win a brand-new motorcycle. Captain Tractors believes in bringing positive change in the agriculture sector through innovation and customer-centricity. Their tractors are a testament to this belief offering comfort, style and affordability to their valued customers.

They sincerely thanks everyone who participated in this event and contributed to its success. Captain Tractors believes that together we will continue to achieve success and prosperity in the farming industry.

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New Delhi (India), March 23: In the diverse landscape of India’s achievers, ten individuals stand out for their remarkable contributions across various domains. From education to entrepreneurship, politics to technology, these influential personalities symbolize the essence of Indian excellence and innovation. As we delve into the stories of Eishwar N Maanay, Sudarshan Sabat, Dr. Rajesh Reddy S, Rohit Sharma, Sameena Rishesse, Gautam Adani, Dr. Manoj Sharma, Dr. Imad Khan, Brijbhan Singh Rathore, and Himsikha Hazarika, we uncover the driving force behind their impact on India’s trajectory.

1.  Eishwar N Maanay

 Eishwar N Maanay, the dynamic and visionary Dean of BNM Institute of Technology. Committed to nurturing the holistic development of young minds, he spearheads a transformative approach to education. Emphasizing upskilling and cutting-edge teaching methods, he establishes groundbreaking partnerships with industry leaders, providing students with real-world exposure. A true proponent of hands-on learning, he serves as an inspiring mentor, empowering the leaders of tomorrow. Visit for more information: https://www.linkedin.com/in/emaanay

2.Sudarshan Sabat

Mr.Sudarshan Sabat, founder and chairman of Sudarshan Group of Company. It is an organization that provides training in various fields to people. Our mission is to magnify the strengths of Indians and help them achieve peak level performance in their life. Mr sabat is the founder of Indian Trainers Academy that offers a platform for trainers to spread awareness about the concept of mind training all over India. Till date, we have successfully created 200+ trainers who are taking charge in taking his legacy ahead. Mr Sabat is creating an empire of Training fraternity, where he wants to create 1000 + trainers in this company. These trainers are going to represent us and help in transforming 10% of the Indian population to become financially free in their life. Visit for more information: https://www.linkedin.com/company/sudarshansabat/

3. Dr. Rajesh Reddy S

Rajesh Reddy embarked on an entrepreneurial journey focused on sustainable farming and rural economic development. His remarkable work in agriculture and sustainable farming practices earned him numerous awards and accolades. Notably, he received the Champions of Change award in Karnataka, presented by the Honorable Governor of Karnataka Mr. Thawar Chand Gehlot. The World Human Rights Protection Commission honored him with an honorary doctorate for his substantial contributions to social work and business. Rajesh Reddy’s impact extended to international recognition, as he was featured in Forbes and Fortune India. Additionally, he was distinguished as the Best Entrepreneur by the Ministry of Micro, Small & Medium Enterprises (MSME).

4. Rohit Sharma

Rohit Gurunath Sharma, born on April 30, 1987, is an iconic figure in Indian cricket, currently leading the national team across all formats. Revered as one of the finest batsmen of his era and a legendary opening batter, Sharma’s prowess lies in his impeccable timing, graceful strokes, exceptional six-hitting ability, and remarkable leadership acumen. With numerous batting records to his name, including the most sixes in international cricket, the highest number of double centuries in ODIs, and an impressive tally of centuries at Cricket World Cups, Sharma continues to redefine excellence on the field. Notably, he holds the record for the most centuries in Twenty20 Internationals and was the first player to achieve five T20I centuries. Sharma’s allegiance extends to the Mumbai Indians in the IPL and to Mumbai in domestic cricket, where he continues to inspire aspiring cricketers with his stellar performances and unwavering dedication to the sport.

5. Sameena Rishesse

From a young age, Sameena’s passion for beauty and glamour was evident. With unwavering determination and support from her family, she embarked on a journey to turn her dreams into reality. Today, as the founder and owner of Rishesse Salon Spa Academy, she’s become one of Mumbai’s top hair colorists. Being one of India’s few Mounir-certified hair artists, she has been serving an elite clientele, including actresses and influencers, for the last 15 years.Beyond her personal success, Sameena is committed to education, offering courses in hair, skin, and makeup at Rishesse. From scientific makeup training to personal grooming, she ensures aspiring beauticians receive top-notch education.Her expertise arises from her extensive qualifications and certifications, which include, but are not limited to: certified in hairdressing from City and Guilds, London; certified skin expert and body treatment from Clara International, Malaysia; verified hair colorist from Harriet Stokes, London; Makeup Atelier from Paris; and Makeup Designer from Los Angeles.

6. Gautam Adani

Gautam Shantilal Adani, an influential Indian billionaire and the Adani Group’s chairman, has left an indelible mark on India’s business sector, particularly in port development and operations. Adani’s proximity to Prime Minister Narendra Modi and the ruling Bharatiya Janata Party has fueled allegations of cronyism, especially regarding the awarding of energy and infrastructure contracts. Amidst controversy, Adani faced accusations of stock manipulation and fraud by Hindenburg Research in January 2023. However, the Supreme Court’s decision in January 2024 to dismiss further investigations brought some relief. Despite the turmoil, Adani’s fortunes have demonstrated resilience, rebounding from a decline to US$54.2 billion in October 2023 to US$82.3 billion by February 2024. This resurgence underscores Adani’s enduring influence and strategic acumen in navigating the complexities of India’s business landscape.

7. Dr. Manoj Sharma

Dr. Manoj Sharma, CEO of BORT TECHNOLOGY (OPC) PVT LTD, pioneers innovative solutions for global business operations, offering readymade companies with bank account assistance across major financial hubs. Motivated by the market’s need for improved customer service and turnaround times, Dr. Sharma established BORT Technology to revolutionize corporate services. His notable achievements include prestigious awards like the Best Indian Visionary and Leadership Business Icon of 2023 and recognition from esteemed organizations like the World Business Council in Dubai. Dr. Sharma’s contribution to the industry includes the development of BORT technology, which enhances efficiency, reduces costs, and drives innovation. Facing challenges with content accuracy, he implemented advanced AI strategies, ensuring relevance and precision. Dr. Sharma envisions a future where AI empowers businesses ethically and inclusively, advocating for continual learning, resilience, and user-centric focus to excel in the dynamic field of technology. Visit for more information: https://www.borttech.in

8. Dr.Imad khan

Dr. Imad Khan Ruman, a Well Known personality who leads JK Speech & Hearing Centre in Hyderabad, where he pioneers revolutionary solutions for hearing impairment. With over 14 years of experience, Dr. Imad offers comprehensive hearing assessments and customized solutions using the world’s top five hearing aid brands. His client-first approach ensures tailored treatments for individuals of all ages, budgets, and technological preferences. Dr. Imad’s commitment to eradicating the stigma around hearing loss is evident in JKSHC’s invisible hearing aid offerings, which have transformed the lives of over 50,000 patients. Recognized for his impactful contributions, Dr. Imad has received numerous accolades, including the Best Hearing Centre Nationwide Award 2022 and the IBN MSME Award 2021, affirming his status as an influential figure in audiology Visit for more detail https://maps.app.goo.gl/a9Fqi1YzpAzgooik7?g_st=iw

9. Brijbhan Singh Rathore

Hailing from Farrukhabad, Uttar Pradesh, Brijbhan Singh Rathore emerges as a beacon of leadership, blending academic prowess with a commitment to public service. Rathore’s journey commenced at Saraswati Vidya Mandir, excelling not only academically but also in sports, securing state-level accolades. Graduating from CSJM University, Kanpur, Rathore showcased diplomatic finesse in UN simulations, garnering global recognition. In politics, his contributions are remarkable, achieving a 100% accuracy rate in exit polls for the Madhya Pradesh Assembly Election. With a stellar success rate in national and state elections, Rathore’s journey inspires others to pursue leadership and excellence. His multifaceted talents and dedication position him as a transformative force shaping India’s future.Visit for more information:

https://www.instagram.com/brijbhan_rathore?igsh=bGN0MXQycHp3ZjVo

10.Himsikha Hazarika

Introducing Himsikha Hazarika, a dynamic Software Developer based in Bangalore, who is not only revolutionizing embedded systems but also advocating for holistic wellness practices. Beyond her technical expertise, Himsikha is recognized for her remarkable achievements, including being awarded as the Multi-talented Young Achiever of the Year and the International Star Award. She has also been acknowledged as one of the 20 Indian Influential Personalities Leading the Way in 2023, showcasing her ability to transcend boundaries across various domains. Himsikha envisions a future where technology serves for good and encourages aspiring technologists to prioritize continuous learning and resilience. Her journey exemplifies the perfect blend of innovation and personal well-being, inspiring others to pursue excellence while maintaining a balanced lifestyle.

Visit for more information: https://en.wikiflux.org/wiki/index.php/Himsikha_Hazarika

As these ten influencers continue to inspire and shape the nation’s future, their collective influence resonates deeply, guiding us towards progress and prosperity. Let us draw inspiration from their journeys and strive to emulate their commitment to excellence. Together, we can forge a brighter, more promising future for India, driven by innovation, leadership, and a relentless pursuit of excellence.

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New Delhi [India] March 23: Change is inevitable, especially in the dynamic world of digital media and online branding. Businesses and individuals alike often find themselves at a crossroads, needing to adapt and evolve to stay relevant and connected with their audience. In the case of RozBuzz, a transformational journey has begun – one that involves renaming its Facebook and Instagram pages to Shen Niao, a Digital Creator hub poised to redefine its presence in the digital landscape.

Rebranding is more than just a name change; it’s a strategic decision to realign the brand identity with its evolving vision and goals. For RozBuzz, the shift to Shen Niao signifies a bold step towards embracing the burgeoning trend of digital content creation. By renaming the page to “Shen Niao,” the focus broadens beyond a specific niche or topic, signaling a commitment to becoming a central hub for all types of digital content creators.

The decision to embrace the term “Digital Creator” is not arbitrary; it’s rooted in the alignment with current trends and the recognition of the growing influence of content creators in today’s digital landscape. With the rise of influencer culture and the democratization of content creation on social media platforms, there’s a palpable shift towards celebrating and empowering individuals who wield creativity in the digital realm. By repositioning itself as a Digital Creator hub, Shen Niao aims to tap into this cultural zeitgeist and cater to the needs of a diverse community of content creators.

Moreover, the rebranding effort reflects a strategic decision to expand and diversify the scope of offerings. While RozBuzz may have been initially focused on a specific niche or topic, Shen Niao embraces a broader vision, encompassing a wide range of content types and creators. This expansion not only allows for a more inclusive and diverse community but also opens up new opportunities for collaboration, creativity, and growth.

At the heart of Shen Niao’s rebranding journey lies a commitment to fostering community and creativity. By adopting the term “Digital Creator,” the page aims to create a sense of belonging and camaraderie among content creators who identify with the title. It serves as a rallying point for individuals who share a passion for digital content creation, offering resources, inspiration, and opportunities for collaboration.

The emphasis on creativity is inherent in the term “Digital Creator” itself. By highlighting the creative aspect of content creation, Shen Niao underscores its dedication to nurturing and showcasing the artistic talents of its community members. Whether it’s through videos, art, photography, or other digital media, Shen Niao celebrates the diverse expressions of creativity that abound in the digital world.

Furthermore, the rebranding effort takes into account the importance of localization and niche focus. While the term “Digital Creator” is broad and inclusive, Shen Niao recognizes the value of catering to the specific needs and interests of its target audience. Whether it’s adapting the page name to better suit the language, culture, or location of the audience or shifting the content focus to a more specific niche, Shen Niao remains committed to enhancing relatability and engagement.

In essence, the journey from RozBuzz to Shen Niao represents a transformative shift towards embracing change, fostering community, and celebrating creativity in the digital age. As the Digital Creator hub continues to evolve and grow, it remains steadfast in its commitment to empowering content creators and shaping the future of digital media.

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Mumbai (Maharashtra) [India] March 23: Established in 2017, Blue Pebble Limited provides interior design and environmental branding solutions for corporate interiors and exterior workplace environments. The company is poised for its initial public offering (IPO), with plans to raise INR 18.14 crores through the issuance of 10.80 lakh new shares.

For its SME Initial Public Offering (IPO), Blue Pebble Limited has established a price band of Rs 159 to Rs 168 per share. The company’s shares will open for subscription on March 26, 2024 and closes on March 28, 2024. These will be listed on the NSE Emerge, with a projected listing date of Wednesday, April 3, 2024

Hem Securities Limited is the book running lead manager of the Blue Pebble IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The issue proceeds will be utilized in Funding Capital Expenditure towards the installation of additional machinery, to meet working capital requirements and general corporate purposes.

On Monday, April 1, 2024, the shares for the Blue Pebble IPO are anticipated to be allotted, and on Thursday, Tuesday, April 2, 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 1.344 lakh considering the minimum lot size for an application is 800 shares. For HNIs, the minimum bidding size is two lots, or 1600 shares, for a total investment of Rs 2.688 lakh at the upper price band.

Blue Pebble Limited’s revenue increased by a CAGR of 94.63% and profit after tax (PAT) grew at a CAGR of 216.01 % between the financial year ending with March 31, 2023 and March 31, 2021.

Blue Pebble Limited provides conceptualization, design, printing, furnishing and installation of vinyl graphics, signage, and various furnishing products including but not limited to 3D walls, frost/clear glass films, artifacts, wall panels, murals and sculptures for corporate interiors and external workplace environments. The company’s printing and design services include themed designs, large format printing, vinyl printing, fabric printing, canvas printing, signage fabrication and 3D art installation.

The company’s clients include companies from the banking sector, MNCs and IT sectors, etc. to name a few: Infosys Limited, HDFC Bank Limited, American Express, Bank of America, Nestle, British Petroleum, Moody’s, etc. The company is headquartered in Mumbai and has served Customers in Delhi, Maharashtra, Gujarat, Utter Pradesh, Telangana, Odisha, Madhya Pradesh, Punjab, Tamil Nadu etc.

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Mumbai (Maharashtra) [India] March 23: Established in 2017, Aspire & Innovative Advertising Limited is involved in sales & doorstep delivery of consumer durables products to un-banked and underbanked customer segments through commercial agreements with NBFCs & MFIs. The company is poised for its initial public offering (IPO), with plans to raise INR 21.97 crores through the issuance of 40.68 lakh new shares.

For its SME Initial Public Offering (IPO), Aspire & Innovative Advertising Limited has established a price band of Rs. 51 to Rs. 54 per share. The company’s shares will open for subscription on March 26, 2024 and closes on March 28, 2024. These will be listed on the NSE Emerge, with a projected listing date of Wednesday, April 3, 2024

Hem Securities Limited is the book running lead manager of the Aspire & Innovative IPO, while Bigshare Services Pvt. Ltd is the registrar for the issue.

The issue proceeds will be utilized in financing the cost of establishing new warehouses, to meet working capital requirements and general corporate purposes. On Monday, April 1, 2024, the shares for the Aspire & Innovative Advertising IPO are anticipated to be allotted, and on Tuesday, April 2, 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. 1.08 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. 2.16 lakh at the upper price band.

Aspire & Innovative Advertising Limited’s revenue increased by 35.46% and profit after tax (PAT) rose by 21.38% between the financial year ending with March 31, 2023 and March 31, 2022.

Aspire & Innovative Advertising Limited offers 50+ products, including Mobile phones and accessories, cookware, electronics, and appliances such as pressure cookers, induction cooktops, mixer-grinders, dinner sets, sewing machines, fans, irons, bulbs, heaters, phones, TVs, refrigerators, washing machines, headphones, and solar lanterns. The company’s asset-light model incurs expenses for facilitation fees and commission paid to intermediaries. The company has commercial arrangements with 15+ intermediaries and operates 19 warehouses in 16 states.

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Over 250+ industry leaders, government officials, and over 10+ partner countries emphasised the rapid deployment of BESS and pumped hydro in India to claim global leadership

New Delhi (India), March 23:  In its endeavour to meet the ambitious 500GW of non-fossil energy target, India needs some bold steps and an advanced BESS ecosystem with over 238 GWh of capacity. Experts at the 4th Edition of the International Conference on Stationary Energy Storage India (SESI) 2024 emphasised on the rising penetration of renewables in the energy mix and addressed various system integration challenges affecting the energy storage capacity expansion. Over 250 industry leaders, government officials, and 10+ partner countries including USA, Norway, Germany, Scotland, Australia and Singapore participated and discussed the future roadmap for   Renewable, electricity grid, rooftop solar, and decarbonise the C&I sector. India’s leading industry body India Energy Storage Alliance (IESA) organised this biggest international conference to support India in integrating renewable energy in the power system which is crucial for the country to meet its climate goals. 

“From capacity expansion to being a global investor-friendly destination in the segment, India has achieved a lot in less than a decade. Our existing 190+ GW of non-fossil-based capacity is a testament to this growth story. At one end we are trying to get more and more solar and wind into the grid, but also we are bringing in a lot of other energy mix. The flavour is changing and the flavor now requires much effort from the manufacturing side. And that’s where MNRE’s role is now coming into play. We do need good best practices followed in the manufacturing industry. We do need advanced chemistry cells for stationary storage applications to be manufactured in India.” says Shri Dinesh Jagdale, Joint Secretary, Ministry of New and Renewable Energy.

“India is poised for rapid deployment of BESS and pumped hydro to complement the renewable energy deployments as part of the ambitious targets set by Hon’ble Prime Minister Shri Narendra Modi ji. With the Stationary Energy Storage India Council (SESI), the India Energy Storage Alliance is all ready to work with a various set of policies. The most exciting part is that now we are entering into the execution part of our plans.” said Dr. Rahul Walawalkar, President, IESA.

For close to a decade, IESA has been working with central and state government agencies like CEA, CERC, Grid-India, SECI, and others to accelerate the growth of the energy storage sector in India and to address potential system integration challenges that may arise from the rising penetration of renewables in the energy mix through its Stationary Energy Storage India Council (SESI) Council.

Addressing the need for an integrated policy for storage systems, Shri Rajnath Ram, Adviser (Energy), NITI Aayog said, “Today’s storage Infrastructure is capable of storing energy but we need to figure out ways to store more energy as and when the demand and energy generation increases. Let’s imagine that we have about 1800 gigawatt per hour energy demand by 2047, then we need to expand on the energy storage systems as well. We need to have a very integrated policy for building the storage system within the country.”

“The rising penetration of renewables in the energy mix also necessitates increasing energy storage capacity to address system integration challenges arising from the variable nature of renewable energy and supply-demand mismatch. It’s high time for us to now look at how can we bring in firmness, flat curves, and that extra energy which can probably be looked at as the tailwind today into the storage space.” said, Debi Prasad Dash, Executive Director, IESA & Secretary, US-India Energy Storage Taskforce (ESTF) secretariat.

The Solar Energy Corporation of India Limited (SECI) has recently commissioned the biggest grid-connected storage yet in the country which is a 100-megawatt SPV solar project with 40 megawatt/120 megawatt-hour battery energy storage system project. The enabled capacity is around 152 megawatt-hours that is in the Rajnandgaon district of Chhattisgarh. “Pricing is a major factor in battery energy storage and we are estimating that the prices would fall for batteries close to 140 dollars per KWH, but the estimations also say that the prices would further reduce to 50 dollars per KWH which is the need of the hour.”, says Prashant Upadhyay, Senior Manager, SECI.

“Just like the Solar Energy sector, we are now looking for energy storage through the Integrated RE module and still we are exploring the viability of that. To make this sector more sustainable government, industry, and people need to work together. Since banks today as well, don’t know the economics of this sector, so that’s why a plan that integrates as a whole makes this sector more viable and efficient.”, said Mani Khurana, Senior Energy Specialist, The World Bank.

Organized under the esteemed Stationary Energy Storage India Council (SESI Council), key stakeholders from the stationary energy sector from regulators and policymakers to industry leaders and experts discussed and collaborated on advancements in the stationary energy storage. Key participants include MNRE, MoP, MEITY, DST, CEA,   SECI, NTPC, GEAPP, World Economic Forum, Department of science & Technology, World Bank, Good Enough Energy, SMA, Envision Energy, Ampyr Energy, DCM Container, Maestrotech System, GIZ, Government of Australia and others.

For more information and registration, please visit conference website – https://indiaesa.info/events/ongoing-upcoming-events/stationary-energy-storage-india-sesi-2024 

About India Energy Storage Alliance (IESA):

India Energy Storage Alliance (IESA) is a leading industry alliance focused on the development of advanced energy storage, e-mobility, green hydrogen, and emerging technologies in India. Founded in 2012, by Customized Energy Solutions (CES), IESA’s vision is to make India a global hub for R&D, manufacturing, and adoption of advanced energy storage, e-mobility, and green hydrogen technologies.

Today IESA is a proud network of 180+ member companies, encompassing industry verticals from energy storage, EV manufacturing, EV charging infrastructure, green hydrogen, microgrids, power electronics, renewable energy, research institutes and universities, and cleantech startups.

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