Tag: Business

  • Safecure Services Ltd plans to raise up to Rs. 30.60 crore from public offer, IPO opens on October 29, 2025

    Safecure Services Ltd plans to raise up to Rs. 30.60 crore from public offer, IPO opens on October 29, 2025

    New Delhi [India], October 27: Safecure Services Ltd is planning to raise upto Rs. 30.60 crore from its public offer. The public offer will open for subscription on 29 October 2025 and will close on 31 October, 2025. Sun Capital Advisory Services Pvt Ltd is the lead manager of the offer. Shares will be listed on BSE SME platform.

    Highlights:

    • IPO opens for subscription on 29 Oct 2025 and closes on 31 Oct, 2025; Minimum lot size for application is 2 lots of 1,200 shares i.e. 2,400 shares and multiples of 1,200 shares thereafter;
    • Minimum investment required at the offer price of Rs. 102 per share is Rs. 2,44,800.
    • Funds raised through the offer will be used towards funding working capital, repay/prepay borrowings, and meet general corporate purposes.
    • For FY24-25 company reported revenue of Rs. 73.10 crore and net profit of Rs. 6.04 crore and for June 30, 2025 (3 months), Revenue of Rs, 18.32 crore and net profit of Rs, 2.02 crore.
    • Healthy Returns Ratio as on 31 March 2025 – ROE at 28.86%, ROCE at 22.48%, PAT Margin at 8.26%
    • Sun Capital Advisory Services Pvt Ltd is the lead manager of the offer

    The initial public offering of Rs. 30.60 crore is a fresh issue of 30 lakh equity shares including market marker portion of 1.50 lakh shares. The total issue involves 30 lakh equity shares for a face value of Rs. 10 each at offer price of Rs. 102 per share.

    The net proceeds from the issue are proposed to be utilized by the company for funding its working capital requirements for amounting Rs. 13 crore, repayment and/or prepayment in full or in part of certain borrowings availed by the company and its wholly owned subsidiary  amounting to Rs. 8.25 crore and Rs. 4.5 crore for general corporate purposes.

    Minimum application for individual investors is 2,400 shares which translates into a minimum investment of Rs. 2,44,800 at offer price of Rs 102. Lot size is 1,200 shares.

    Incorporated in 2012, Safecure Services Limited is a leading security and facility management company headquartered in Mira Road, Thane, with 12 offices across India. The company offers comprehensive solutions including manned guarding, e-surveillance, ATM and event management, housekeeping, business support, and corporate interior fit-outs. With a strong presence across 12 districts, Safecure serves private and public sector clients, financial institutions, and multinational corporations. Backed by a robust recruitment and training system, the company ensures professional, technology-driven, and customized service delivery. As of August 31, 2025, Safecure employs 1,849 manpower managing day-to-day operations nationwide.

    Brief Financial Information – (Rs. in Lakh)

    Particulars June 30, 2025 FY 2025 FY 2024 FY 2023
    Revenue from Operations 1,832.30 7,310.15 6,283.47 4,753.94
    EBIDT 372.83 1,242.81 1,135.95 908.70
    EBIDT (%) 20.35% 17.00% 18.08% 19.11%
    Profit After Tax (PAT) 201.62 604.11 577.67 399.59
    Net Profit Margin 11.00% 8.26% 9.19% 8.41%
    Net worth 2,294.19 2,093.07 1,500.40 932.92
    Debt Equity (or Leverage) Ratio 0.85 0.98 0.95 1.23

     

    IPO Highlights- Safecure Services Ltd.
    IPO Opens on October 29, 2025
    IPO Closes on October 31, 2025
    Offer Price Rs. 102 Per Share
    Offer Size 30 lakh shares – up to Rs. 30.60 crore
    Minimum Application Size (Retail Investors) 2 lots of 1,200 Shares i.e. 2,400 Shares
    Lot Size 1,200 Shares
    Listing on BSE SME Platform

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  • Sarveshwar Foods Limited Organises ‘Basmati Export Promotion Programme’ To Strengthen Farmer–Market Linkages And Boost Export Competitiveness

    Sarveshwar Foods Limited Organises ‘Basmati Export Promotion Programme’ To Strengthen Farmer–Market Linkages And Boost Export Competitiveness

    Srinagar (Jammu & Kashmir) [India], October 27: Sarveshwar Foods Limited is pleased to announce the successful organization of a “Basmati export promotion programme” at the SIDCO Industrial Area, Samba, bringing together Farmer-Producer Organisations (FPOs), basmati producers, and traders to strengthen the basmati rice ecosystem — from cultivation and aggregation to quality control, processing, and exports.

    The initiative aimed to facilitate direct market access and better price realization for farmers through collective marketing by FPOs. The programme also emphasized the adoption of sustainable and residue-free cultivation practices to meet international export standards and further enhance the global reputation of Jammu’s premium basmati rice

    Speaking at the event, Mr. Rohit Gupta, Chairman, Sarveshwar Foods Limited, highlighted the Company’s commitment to building a transparent and sustainable ecosystem. He stated that “linking FPOs directly with producers and traders is key to creating a value chain that benefits every stakeholder — from farmers to exporters — ensuring quality, traceability, and long-term sustainability.”

    Dr. Gayatri Tandon, addressing the participants, discussed strategies for strengthening market linkages, enhancing quality certification and branding, and integrating modern processing and packaging technologies to increase competitiveness in both domestic and international markets.

    The event witnessed participation from a large number of farmers, FPOs, cooperatives, traders, and senior management of Sarveshwar Foods Limited. Mr. Anil Sharma, Managing Director, extended a vote of thanks to all participants and stakeholders for their valuable contribution to the initiative.

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  • BLING Steps into Delhi’s Luxury Landscape with Certified Lab Diamonds and Hallmarked Gold Jewellery

    BLING Steps into Delhi’s Luxury Landscape with Certified Lab Diamonds and Hallmarked Gold Jewellery

    New Delhi [India], October 27: This Diwali, BLING opened its doors at Kamla Nagar, Delhi, introducing a new era of refined glamour and conscious luxury to India’s jewellery landscape.

    Rooted in a legacy of craftsmanship yet unafraid to reimagine the future, BLING is India’s newest destination for lab-grown diamond and gold jewellery, merging sustainability with style, transparency with timelessness. Each piece is meticulously crafted at BLING’s cutting-edge atelier in Surat, the world’s diamond capital, where design innovation meets ethical artistry.

    “BLING was born from a desire to democratise luxury, to make the beauty of fine jewellery accessible, ethical, and enduring,” says Snehil, Founder of BLING.
    “This opening isn’t just a milestone; it’s a moment that celebrates modern Indian elegance shaped by purpose and precision.”

    Inside the boutique, customers are welcomed into an omnichannel experience where modern aesthetics meet age-old craftsmanship. From everyday diamonds to bespoke designs, every creation is BIS-hallmarked and SGL/IGI-certified, reflecting BLING’s commitment to integrity and excellence.

    BLING

    A New Standard of Chic, Sustainable Luxury

    • Sustainability at its core: Lab-grown diamonds with minimal environmental impact.

    • Certified authenticity: Diamonds certified by SGL/IGI, gold verified with HUID.

    • Customer-first promise: Transparent pricing, up to 100% exchange value on gold, 80% buyback on diamonds, and a 15-days return policy.

    With its soft beige interiors, subtle accents, and an aura of understated confidence, BLING embodies the spirit of the new-age Indian woman — poised, independent, and conscious of her choices.

    The brand’s debut marks more than a store launch; it signals a shift toward a modern, mindful definition of luxury — one that shines as bright in conscience as it does in craft.

    About BLING

    BLING is a premium lab-grown diamond and gold jewellery brand built on sustainability, innovation, and craftsmanship. With its design studio in Surat and flagship boutique in Delhi, BLING creates certified, high-quality fine jewellery at transparent prices, reimagining luxury for the world’s most dynamic generation.

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  • Schemaninja.com Launches Next-Gen AI Content Marketing Platform for Small Businesses

    Schemaninja.com Launches Next-Gen AI Content Marketing Platform for Small Businesses

    New Delhi [India], October 27: In an effort to make digital marketing easier and more affordable for entrepreneurs, Schemaninja.com has announced the launch of its new AI-powered content marketing platform tailored for small and growing businesses.

    The platform aims to solve a common problem for startups: managing content creation, SEO, and online visibility without relying on large marketing agencies or hefty budgets.

    “Most small business owners know the importance of digital marketing but simply don’t have the time or resources to manage it effectively,” said a representative from Schemaninja.com. “We built this platform so they can focus on running their business while we take care of the content and SEO side of things.”

    Simplifying Digital Marketing for Entrepreneurs

    The Schemaninja system combines automation and human creativity in one easy-to-use platform. It helps users research keywords, plan content, write blog posts, and optimise their websites for search engines, all from a single dashboard.

    The goal, the company says, is to make the process of online growth straightforward and accessible to everyone, especially those new to digital marketing.

    “Not every entrepreneur is a tech expert,” the spokesperson added. “Our interface is built to guide them step by step, so even someone with no prior experience can handle their marketing confidently.”

    What the Platform Offers

    • Content creation made simple: Generate blog posts, product descriptions, and website copy with SEO in mind.

    • Built-in SEO optimisation: Get practical keyword and ranking insights without any jargon.

    • Automated schema integration: Improve your website’s visibility through structured data.

    • Easy analytics tracking: Understand what content performs best and where to improve.

    • Cost-effective plans: Specially designed for startups and small teams.

    A Tool Built for Today’s Business Environment

    The launch of Schemaninja.com comes at a time when small businesses are increasingly shifting towards digital-first operations. Many entrepreneurs, however, still find it difficult to maintain a consistent online presence due to limited manpower and marketing budgets.

    Schemaninja hopes to fill that gap by offering a platform that works like a digital assistant — one that simplifies marketing, saves time, and helps users grow steadily.

    Industry observers believe platforms like Schemaninja are part of a growing movement to make advanced marketing tools accessible to smaller enterprises that traditionally lacked such resources.

    Empowering Small Businesses Through AI

    While artificial intelligence has often been seen as a tool for large corporations, Schemaninja.com aims to democratise it. The company’s focus is on empowering smaller brands to compete effectively in the digital marketplace.

    “AI isn’t here to replace creativity, it’s here to make it easier,” said the company’s representative. “We want to ensure that every business, no matter how small, has access to intelligent tools that help them grow.”

    About Schemaninja.com

    Schemaninja.com by Jitendra Vaswani, SEO Expert in India, is an AI-based content marketing and SEO automation platform created for small businesses, startups, and freelancers. The platform helps brands enhance their online visibility through intelligent keyword analysis, automated content creation, and SEO optimisation, all within an intuitive interface.

    For more information, visit www.schemaninja.com

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  • Sejal Glass Delivers Strong Q2 FY26 Results with 70% Revenue Growth and 3× Jump in Profit

    Sejal Glass Delivers Strong Q2 FY26 Results with 70% Revenue Growth and 3× Jump in Profit

    Mumbai (Maharashtra) [India], October 27: Sejal Glass Limited (NSE: SEJALLTD, BSE: 532993), one of the leading architectural glass manufacturers, announced Unaudited Q2 and H1 FY26 Financial Results.

    Q2 FY26 Key Consolidated Financial Highlights

    • Total Income of ₹ 105.04 Cr, YoY growth of 69.75%
    • EBITDA of ₹ 17.89 Cr, YoY growth of 106.34%
    • EBITDA Margin (%) of 17.03%, YoY growth of 302 BPS
    • Net Profit of ₹ 8.12 Cr, YoY growth of 231.43%
    • Net Profit Margin (%) of 7.73%, YoY growth of 378 BPS
    • EPS of ₹ 7.95, YoY growth of 231.25

    H1 FY26 Key Consolidated Financial Highlights

    • Total Income of ₹ 182.81 Cr, YoY growth of 59.03%
    • EBITDA of ₹ 30.38 Cr, YoY growth of 89.40%
    • EBITDA Margin (%) of 16.62%, YoY growth of 266 BPS
    • Net Profit of ₹ 12.53 Cr, YoY growth of 226.30%
    • Net Profit Margin (%) of 6.86%, YoY growth of 352 BPS
    • EPS of ₹ 12.28, YoY growth of 225.73%

    Operational Highlights 

    • In H1 FY26, international revenue contributed 72% and domestic revenue 28% to the total revenue.
    • The Company has 3 Manufacturing Units in India and 1 Manufacturing Unit in the UAE.

    Commenting on the performance, Mr Amrut Gada, Promoter of Sejal Glass Limited, said, “We are delighted with our robust Q2 performance, which underscores the strength of our brand and the growing demand for high-quality architectural glass solutions. Our international business grew by nearly 60% year-on-year, reflecting strong traction in export markets. With the Glasstech acquisition in the current Financial Year, the Company has 3 Manufacturing Units in India located at Silvassa, Taloja & Erode.

    We continue to focus on enhancing our product mix by increasing the share of insulated and laminated glass in India and the UAE, along with introducing digitally printed glass through the Glasstech acquisition. These initiatives will further strengthen our value-added product portfolio and margin profile.

    We remain very confident about the industry outlook, supported by sustained real estate and infrastructure growth in India and the GCC region. With strong demand visibility, expanding capacities, and operational excellence, we are well-positioned to deliver long-term growth and value”

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  • Showcasing The Latest Practical Solutions In Glass Processing, Facades, Fenestration, And Aluminium Extrusions

    Showcasing The Latest Practical Solutions In Glass Processing, Facades, Fenestration, And Aluminium Extrusions

    Mumbai (Maharashtra) [India], October 27: The most trusted companies from the glass processing technologies, façades, fenestration and aluminium extrusions field will come together once again at India’s leading platform – the Zak Expo on Glass, Doors, Windows, Façades & Aluminium Extrusions. The event is scheduled from 4th to 7th December 2025, at the Bombay Exhibition Centre (NESCO) in Mumbai.

    With rising demand for sustainability, precision, and quality in both commercial and residential construction, the importance of the building envelope has never been greater. The event will demonstrate the latest practical innovations suited for the Indian market aiming to transforming modern building façade/fenestration design, performance, and aesthetics.

    If you are an architect, interior designer, builder, developer, contractor, glass processor, or building industry professional, visiting this expo will offer valuable insights into how new products, materials, and innovations are shaping the modern façade and fenestration façade development in India. Register now at www.zak.sg/expo.

    Uniting Glass, Façade, Fenestration & Aluminium Extrusion Excellence Under One Roof

    Zak Glass Technology Expo: The 22nd International Trade Fair on Glass Processing, Products & Technologies will highlight how the latest technologies can make architectural glass more efficient and sustainable. Organized in association with the Federation of Safety Glass (FOSG), this edition focuses on the latest technologies that are available to produce and process glass along with other value-added solution for the same.

    Zak Doors & Windows Expo: The 21st International Trade Fair on Doors, Windows and Façades will spotlight system innovations in uPVC & Aluminium, railings, cladding, automation, hardware, software, accessories and related solutions that are key to ensure better smart, safe & sustainable building envelopes.

    Zak Aluminium Extrusions Expo: The 16th International Trade Fair on Aluminium Extrusion Technologies and Products, will showcase the versatility of aluminium across multiple sectors but mainly focusing on architectural applications. The expo will present the latest extruded solutions along with surface finishing options and other related products.

    Driving Collaboration and Industry Growth

    Speaking about the upcoming edition, Mr. Zakir AhmedChairman, Zak Exhibitions & Conferences, said: “Our exhibitions are not just showcases — they are platforms that bring together knowledge, technology, and opportunity. Despite global market challenges, the Indian construction industry is showing robust growth due to strong domestic demand and young and growing population. Hence glass, façade & fenestration industries are continuing to invest in innovation and modernization. We are proud to facilitate this momentum by connecting thought leaders, manufacturers, and suppliers from across the globe.”

    The 2025 edition will feature live demonstrationsmock-up displays, and product launches, enabling hands-on learning and meaningful dialogue between professionals. Together, the three expos are expected to attract over 35,000 visitors and 400+ exhibitors from 20+ countries, reaffirming the event’s position as a leading force in the Indian built environment sector.

    About Zak Exhibitions & Conferences

    Founded in 1994, Zak Exhibitions & Conferences are pioneers in promoting technologies in the domain of glass processing, façade & fenestration through exhibitions and conferences. With over 1000 events across the globe, Zak continues to promote innovation, quality, and sustainable advancement in the built environment.

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  • 73 Strings Partners with IVSC for the 2025 Annual General Meeting and International Valuation Conference in New Delhi

    73 Strings Partners with IVSC for the 2025 Annual General Meeting and International Valuation Conference in New Delhi

    New Delhi [India], October 25:  73 Strings, the global leader in AI-powered valuation and portfolio monitoring solutions for the private capital industry, is proud to announce its partnership with the International Valuation Standards Council (IVSC) for the upcoming IVSC 2025 Annual General Meeting (AGM) and International Valuation Conference, taking place in New Delhi at the end of October.

    As part of this global gathering of valuation leaders, Abhishek Pandey, Co-founder and Deputy CEO of 73 Strings, has been invited to deliver a keynote on how AI is reshaping the valuation profession, followed by a panel discussion with leading global investors on the emerging challenges and opportunities defining the future of valuations in private markets.

    This partnership underscores 73 Strings’ leadership in redefining the valuation profession, ushering in an era built on automation, transparency, and AI-enhanced professional judgment. As an active collaborator with the IVSC, 73 Strings is helping shape a future where technology empowers, not replaces, human expertise, preserving the art and integrity of valuation while enabling professionals to deliver faster, more consistent, and data-driven outcomes.

    “Partnering with IVSC for this prestigious event reflects our shared commitment to advancing valuation excellence through innovation and collaboration,” said Abhishek Pandey, Co-founder and Deputy CEO, 73 Strings. “As private markets evolve and the retailization of alternatives accelerates, the need for speed, transparency, and standardization in valuation has never been greater. AI is the enabler that bridges this gap – augmenting, not replacing, the human judgment that remains at the heart of valuation – while improving efficiency, auditability, and confidence across the investment ecosystem.”

    Nicholas Talbot, IVSC Chief Executive, shared: “As technology and data redefine the landscape of financial and private markets, collaboration between innovators like 73 Strings and global standard-setters like the IVSC is vital. Together, we can help ensure that advances in AI enhance the credibility, consistency, and global comparability of valuations – strengthening the foundations of market confidence worldwide.”

    The convergence of AI, data, and valuation is redefining how alternative asset managers assess and monitor their portfolios. With over $11 trillion in assets under management represented across its global client base, and a team with more than 300 years of combined valuation leadership experience, 73 Strings is helping the world’s largest fund managers move beyond manual, spreadsheet-based models toward automated, data-driven, and auditable valuation frameworks.

    From data extraction and portfolio monitoring to fair value estimation, the company’s AI-powered platform empowers asset managers to deliver valuations with unprecedented accuracy, consistency, and transparency – key pillars as alternative assets become increasingly accessible to a broader investor base.

    In addition to supporting professional standards, 73 Strings is shaping the global conversation around how AI can responsibly augment human expertise, ensuring that valuation practices evolve alongside the technological and regulatory shifts driving the industry forward.

    About 73 Strings

    73 Strings is an innovative technology providing comprehensive data extraction, monitoring, and valuation solutions for the private capital industry. The company’s AI-powered platform streamlines middle-office processes for alternative investments, enabling seamless data structuring and standardization, monitoring, and fair value estimation at the click of a button. 73 Strings serves clients globally across various strategies, including Private Credit, Private Equity, Growth Equity, Venture Capital, and Infrastructure.

    In February 2025, 73 Strings closed a $55M Series B, led by Goldman Sachs, with continued support from Blackstone Innovations Investments and participation from Golub Capital, Hamilton Lane and Broadhaven Capital, alongside Fidelity International Strategic Ventures.

    Since its inception, 73 Strings has onboarded clients managing over USD 11 trillion in combined assets. Headquartered in Paris, the company maintains a global presence with offices in New York, London, Paris, Bengaluru, Hyderabad, Riyadh and Abu Dhabi to support its rapidly growing customer base. The leadership team at 73 Strings brings extensive expertise in private assets, supported by a global network of seasoned advisors with over 300 years of combined financial advisory and private markets experience.

    73Strings.com

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  • Kay Cee Energy & Infra Limited Announces H1 FY26 Results: Revenue Up 119 Percent YoY, PAT Up 84 Percent

    Kay Cee Energy & Infra Limited Announces H1 FY26 Results: Revenue Up 119 Percent YoY, PAT Up 84 Percent

    Kota (Rajasthan) [India], October 27: Kay Cee Energy & Infra Limited (“KCEIL” or “the Company”), one of the leading EPC solutions providers in power transmission and distribution infrastructure, announced its unaudited financial results for the half-year ended September 30, 2025 (H1 FY26).

    The Company reported strong growth across key performance metrics, driven by solid project execution, efficient cost management, and expanding operations across new regions and voltage segments.

    Key Consolidated Financial Highlights (Consolidated H1 FY26 vs Standalone H1 FY25)

    • Total Revenue: ₹ 8,402 lakhs, up 119% YoY

    • EBITDA: ₹ 1,610 lakhs, up 90% YoY

    • EBITDA Margin: 19%

    • Profit After Tax (PAT): ₹ 918 lakhs, up 84% YoY

    • PAT Margin: 11%

    • Basic & Diluted EPS: ₹ 7.61 per share

    Operational Highlights

    • Strong execution of turnkey EPC projects across Rajasthan and other states.

    • Improved working capital cycle supported by timely project completion and billing efficiency.

    • Continued focus on diversification into higher voltage substations and transmission line projects.

    • Strengthened financial position post QIP issuance of 12.64 lakh equity shares in April 2025, fully utilized for working capital and expansion objectives.

    Management Commentary

    Mr. Lokendra Jain, Managing Director, commented:

    “We are pleased to report yet another period of robust performance in H1 FY26. Our revenue more than doubled year-on-year, underscoring our strong execution capabilities and growing presence in the power infrastructure segment. The focus on operational efficiency and selective project bidding continues to yield results, reflected in healthy margins and profitability. With our upcoming in-house manufacturing facility expected to commence operations in FY26, we are well-positioned to deliver integrated EPC solutions and enhance our value proposition.”

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  • Now, Don’t Just Buy Gold. Buy SmartGold

    Now, Don’t Just Buy Gold. Buy SmartGold

    Founders Amit Lalit Jaain and Hanissh Kanakraj Jaain unveiling Ritvaa SmartGold Mangalsutra with Sonali Bendre

    Mumbai (Maharashtra) [India], October 25: Ritvaa, a new-age jewellery brand with a legacy rooted in gold craftsmanship, made a star-studded premiere with noted Bollywood actress Sonali Bendre unveiling its SmartGold Jewellery collection at a glittering launch event held at the Intercontinental, Mumbai.

    The evening saw the launch of Ritvaa’s elegant line of SmartGold Mangalsutras — designs that beautifully blend timeless traditions with modern sophistication. Each piece celebrates the strength, grace, and individuality of today’s woman, for whom tradition is not a constraint but an expression of self.

    For centuries, the mangalsutra has been more than an ornament — it is a sacred symbol of love, trust, and commitment. With Ritvaa SmartGold, this eternal sentiment finds a new voice — lighter in feel, versatile in design, and enduring in beauty.

    Welcoming guests at the event, Mr. Hanissh Jaain, Co-founder of Ritvaa, shared,“Ritvaa’s SmartGold jewellery is crafted for the woman who embodies balance — confident yet rooted, modern yet mindful. For her, gold is not just a possession but a reflection of emotion and meaning, worn with pride every day.

    Made with certified 24-carat SmartGold, Ritvaa’s jewellery gives women the freedom to wear gold fearlessly, every day, everywhere, without the worry of lockers or limitations. In an industry first, Ritvaa also offers a 100% lifetime gold buyback guarantee, making it not just a style choice but a smart choice.

    Speaking about the inspiration behind Ritvaa, Mr. Amit Jaain, Co-founder, said, “The modern Indian woman no longer wears gold just for tradition — she wears it for herself. Ritvaa was born to make that emotion tangible — to reimagine the mangalsutra as a symbol that moves with her, through every phase of life. SmartGold is not just innovation; it’s the evolution of tradition.

    The event also featured the unveiling of five signature sets of SmartGold Mangalsutras, followed by a heartfelt showcase where five real women, not models, walked the ramp alongside professionals, each adorned in a Ritvaa design that reflected her individuality. The gesture symbolised Ritvaa’s ethos: jewellery that lives in the everyday, not just on occasions.

    Ritvaa’s SmartGold collection will be launched on-ground soon through SmartGold Lounges/ Experience Centers across major metros and Tier-2 cities. The brand’s design philosophy brings together Indian artistry and contemporary minimalism, tailored to regional preferences while maintaining a universally elegant appeal.

    Disclaimer: This press release is for informational purposes only and does not constitute financial advice. Investments involve risk, and past performance is not indicative of future results. Readers should conduct their own research or consult with a qualified advisor before making any decisions.

  • Game Changers Texfab Limited IPO Opens on October 28, 2025

    Game Changers Texfab Limited IPO Opens on October 28, 2025

    Mumbai (Maharashtra) [India], October 25: Game Changers TexfabLimited, delivers innovative retail fashion and technical textile solutions through a tech-enabled, customer-focused approach, proposes to open its Initial Public Offering on Tuesday, 28th October, 2025 and aiming to raise ₹ 54.84Crores, with shares to be listed on the BSE SME platform.

    The issue size is 53,76,000 equity shares with a face value of ₹ 10 each with a price band of ₹ 96 – ₹ 102 Per Share.

    Equity Share Allocation

    • QIB Anchor Portion – Up to 15,30,000 Equity Shares

    • Qualified Institutional Buyer – Up to 10,21,200 Equity Shares

    • Non-Institutional Investors – Not Less than 7,66,800Equity Shares

    • Individual Investors – Not Less than 17,88,000 Equity Shares

    • Market Maker – 2,70,000 Equity Shares

    The net proceeds from the IPO will be utilized for capital expenditure, working capital requirements and general corporate purposes including unidentified inorganic acquisitions. The anchor bidding will open on 27th October, 2025 and issue will close on 30th October, 2025.

    The Book Running Lead Manager to the Issue is CorpwisAdvisors Private Limited and the Registrar is Skyline Financial Services Private Limited.

    Mr. Sanjeev Goel, Managing Director and Mr. Ankur Aggarwal, Executive Director & CFO of Game Changers Texfab Limited, expressed, “Our IPO marks a significant milestone in the company’s growth, drawing on the promoters’ extensive experience in IT leadership and the textile sector. Through strategic sourcing and an asset-light manufacturing model, we deliver a diverse range of fabric solutions crafted to meet varied customer needs, supported by 10 sourcing offices, 500+ suppliers, and a portfolio of 10,000+ designs. We specialize in women’s wear, technical textiles, and customized garments, ensuring agility, efficiency, and long-term trust with boutiques, export houses, and retail clients.

    The net proceeds from the IPO will be utilized for capital expenditure and working capital requirements. These funds will help us strengthen our sourcing operations, broaden our product portfolio, and scale faster in response to changing market demands. By channelling resources into these areas, we are confident of driving sustainable growth, enhance operational efficiency and reinforce the overall strength and resilience of the company.”

    Ms. Shilpa Kanodia, Director of Corpwis Advisors Private Limited said, “We are pleased to support Game Changers Texfab Limited in its IPO journey. The company has built a strong presence in the textile industry by focusing on sourcing the finest fabrics from the right suppliers and ensuring tailored solutions for its customers. Specializing in women’s wear and technical textiles, including outdoor and PVC-coated fabrics, the company combines its sourcing expertise with a deemed manufacturing model. This approach allows company to remain asset-light while offering high-quality, customized garments and fabric solutions that meet evolving customer preferences.

    The textile industry continues to experience steady growth, fueled by rising demand for both fashion and technical fabrics. A customer-focused strategy, along with its flexible and efficient operational model, positions the company to leverage opportunities in this expanding market. The capital raised through the IPO will help reinforce operations and support initiatives aimed at enhancing the company’s overall capabilities.”

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