Tag: Business

Mumbai (Maharashtra) [India], September 25: Suba Hotels Limited, one of India’s leading domestic hotel chains in the mid-market hospitality segment, announced the launch of its Initial Public Offering (IPO), which is set to open on Monday, September 29, 2025, and will close on Wednesday, October 1, 2025.

The Company operates across upscale, upper-midscale, midscale, and economy hotel formats, with a strong presence in Tier 2 and Tier 3 cities. As of July 2025, Suba had 88 operational hotels with 4,096 keys across 50+ cities, along with 40 upcoming properties comprising 1,831 rooms. Suba’s asset-light business model spans owned, managed, revenue-share, leased, and franchised hotels, and is further strengthened by its exclusive master franchise rights for Choice Hotels’ international brands – Comfort, Clarion, and Quality in India.

The Company intends to utilize the IPO proceeds towards funding capital expenditure requirements for upgrades and last-mile funding of hotel premises and general corporate purposes, enabling further scale-up in high-potential domestic and international markets.

IPO Details

• Issue Size: Up to 67,99,200 equity shares of face value ₹10 each

• Total Issue Size: ₹75.47 crore (at upper price band)

• Price Band: ₹105 – ₹111 per equity share

• Post-Issue Market Capitalization: ₹269.12 crore (at upper price band)

• Lot Size: 1,200 equity shares

• Listing Platform: NSE Emerge

IPO Timeline

• Anchor Investor Bidding Date: Friday, September 26, 2025

• Offer Opens: Monday, September 29, 2025

• Offer Closes: Wednesday, October 1, 2025

• Listing Date: Tuesday, October 7, 2025*

Share Allocation

• Qualified Institutional Buyers (QIBs): Up to 50% of Net Issue (including Anchor Investors, up to 60% discretionary allocation)

• Non-Institutional Investors (NII): Not less than 15% of Net Issue

• Retail Individual Investors (RII): Not less than 35% of Net Issue

• Market Maker Reservation: 3,40,800 equity shares

Utilisation of Net Proceeds

• Funding Capital Expenditure Requirements towards upgradation and last-mile funding of hotel Premises – ₹ 5,347.56 lakhs

• General Corporate Purposes

Offer Intermediaries

• Book Running Lead Manager: Unistone Capital Private Limited

• Registrar to the Offer: Bigshare Services Private Limited

Management Commentary

Mr. Mansur Mehta, Chairman and Managing Director of Suba Hotels Limited, said:
“Over the last two decades, we have built Suba into a trusted mid-market hospitality brand with a diversified portfolio across India’s key business and leisure hubs. With our asset-light model, global brand partnerships, and expansion into Tier 2 and Tier 3 cities, we are uniquely positioned for sustainable growth. The IPO will help us strengthen our balance sheet and accelerate our expansion plans.”

Mr. Brijesh Parekh, Founder of Unistone Capital Private Limited, added:
“We are proud to partner with Suba Hotels Limited for their IPO journey. Suba Hotels is well-placed to capture India’s rising hospitality demand, especially in underserved Tier 2 and Tier 3 markets. Its strong multi-brand portfolio, proven ability to acquire and turn around assets, and strategic international tie-ups make this IPO an attractive opportunity for investors.”

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New Delhi [India], September 24: Season With the festive season upon us, Anjaleka Kripalani, Founder of Angie Homes, shares her views of celebrating traditions with stylish and modern living. As the owner of a luxury home decor and lifestyle brand, Anjaleka feels that festivals are not only about the rituals but also about creating cosy, memorable spaces filled with joy, beauty, and connection.

“Festivals are a time when homes are full of happiness, laughter and love. Here at Angie Homes, we create spaces that embody this sentiment – where every inch of the space communicates the joyous celebration,” says Anjaleka Kripalani.

This season, Angie Homes brings thoughtfully selected decoration ideas and gifting ideas that reflect the feeling of Indian customs with a touch of contemporary refinement. From high-end tableware to custom-made decoration pieces, the decor has been thoughtfully designed to enhance every celebratory festive moment.

As Anjaleka states, “I have always wanted to bring international luxurious living into Indian homes while staying true to the warmth of our living. Festivals are a perfect occasion to express this mix.”

Angie Homes continues to introduce lifestyle experiences with passion and dare to redefine festive living. To stimulate their customers to celebrate with style, comfort, and elegance.

Angie Homes has introduced its new mobile app for home shopping, gifting and many more.

Available at – https://angiehomes.co/

Download Google Play: https://play.google.com/store/apps/de…

Download App Store: https://apps.apple.com/us/app/angie-h…

YouTube – https://www.youtube.com/@AngieHomes

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Mumbai (Maharashtra) [India], September 24: Manas Polymers and Energies Limited is a manufacturer of PET products and a renewable energy company with operations in 16 states. The company has announced its IPO, with the issue opening on September 26, 2025, and closing on September 30, 2025.

The IPO is a key milestone for Manas Polymers and Energies Limited, validating its business model and future vision. The public offering provides the financial foundation for the company’s ambitious expansion plans, particularly in the high-potential sectors of polymer products and renewable energy.

Issue Details

• Issue Size: ₹23.52 Cr at the upper band
• Issue Price: ₹76.00 – ₹81.00 Per Share 
• Face Value: ₹10.00/- Per share
• Lot Size: 1,600 Shares 
• Fresh Issue: Up to 29,04,000 Equity Shares 
• Market Maker: 1,47,200 Equity Shares 
• Net Issue Size: Up to 27,56,800 Equity Shares 

Reservation of Shares

• QIB (Qualified Institutional Buyers): Up to 2,78,400 Equity Shares 
• NII (Non-Institutional Investors): Up to 6,86,400 Equity Shares 
• Retail: Up to 17,92,000 Equity Shares 

Objects of the Issue

• Funding of Capital Expenditures: ₹1,350.00 Lakhs for setting up a Solar Power Plant 
• Funding of Capital Expenditures: ₹297.40 Lakhs for the purchase of Fixed Assets 

IPO Timeline

• Issue Opens: Friday, September 26, 2025 
• Issue Closes: Tuesday, September 30, 2025 
• Listing Date: Monday, October 06, 2025

Management Commentary:

Mr. Vineet Bhadauria, Managing Director of Manas Polymers and Energies Limited, said:

“We are at a pivotal point in our journey, and the decision to go public marks a significant milestone for Manas Polymers and Energies Limited. This IPO will enable us to accelerate our strategic growth plans, particularly in expanding our solar power capacity from 1 MW to 5 MW. The capital raised will not only fuel our expansion but also strengthen our position as a leading player in both the polymers and renewable energy sectors. We are confident in our business model and are excited to invite investors to be a part of our future growth story.”

Mr. Shobhit R. Agarwal, Director of Expert Global Consultants Private Limited, the Book Running Lead Manager to the Issue, added:

“We are proud to be associated with Manas Polymers and Energies Limited for its IPO. The company operates in a high-potential sector where demand for advanced polymer products and energy solutions is set to grow exponentially. With a strong leadership team, a scalable business model, and a clear growth roadmap, Manas Polymers is well-positioned to capitalize on this opportunity. The IPO not only strengthens the company’s balance sheet but also offers investors a compelling opportunity to participate in its next phase of expansion and value creation.”

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Mumbai (Maharashtra) [India], September 24: FREYAA, the rising Indo-Western fashion label, has reached a USD 1.5 million valuation in just its first year, backed by Buddy and Bunny Angel Investments Pvt Ltd. With this milestone, the brand is charting an ambitious journey to scale across India and beyond.

What makes this remarkable? FREYAA is just one year old. Yet, in this short span, it has built a passionate community of customers, a strong retail footprint, and a distinct voice in India’s fast-evolving fashion space, all while staying rooted in its ‘Make in India’ ethos.

FREYAA has rapidly grown into a trend-forward yet culturally rooted brand, offering premium Indo-Western silhouettes that speak to the modern Indian woman.

With an omni-channel presence spanning leading online marketplaces, exclusive brand outlets in Borivali and Xperia Mall, Palava (Mumbai), and premium MBO counters at Taj Hotels, FREYAA is proving that Indian craftsmanship and global style can walk hand in hand.

Vibha Shah, Founder of FREYAA, shared:

“Seeing FREYAA evolve from an idea into a brand loved by women across cities has been nothing short of magical. This milestone isn’t just about funding, it’s about faith. Faith in our vision, our craft, and the power of contemporary Indian fashion to inspire confidence in women. We’re just getting started.”

Dharmesh Shah, Founder & CEO of FREYAA, added:

“We’re thrilled to have the backing of Buddy and Bunny Angel Investor Funds. This funding fuels our next chapter, taking FREYAA into Tier 2 and Tier 3 cities, and making contemporary Indo-Western fashion accessible to women everywhere. Our first franchise store launches soon in Belagavi, Karnataka, the first of many as we accelerate our national expansion.”

Rakesh Raman, Angel Investor at Buddy and Bunny Angel Investor Funds, said:

“India’s D2C fashion space is on fire — and FREYAA is a brand that stands out. Its sharp positioning in the Indo-Western category, strong early traction, and agile supply chain give it an edge. We believe FREYAA has what it takes to become a category leader, blending online scale with a premium offline experience.”

About Freyaa

FREYAA is a new-age Indo-Western women’s apparel brand that blends Indian aesthetics with global sensibilities. Celebrating individuality, FREYAA creates premium, culturally rooted yet modern fashion. In just one year, the brand has built a robust omni-channel presence and continues to expand through exclusive outlets, curated collaborations, and innovative product drops, aiming to put Indian contemporary fashion on the global map.

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What’s New

• Product: Red mud–derived silicon carbide wafers in testing-grade formats.
• Sizes tested: 7×7 mm, 10×10 mm, and 13×13 mm wafers used for PoC testing.
• Source material: Silicon derived from red mud, sourced from National Aluminium Company Limited (NALCO); silicon carbide material produced from NALCO red mud-derived silica feedstock.
• Testing partner: HIT, Taiwan, in collaboration with Taiwan Semiconductor Industry players, validating process viability and performance.

India (Make in India, domestic manufacturing, sustainability)

• Highlight India’s leadership in valorising industrial byproducts and advancing domestic supply chains for critical semiconductor materials. The Prime Minister’s office has been kept updated on the progress.
• Emphasise the collaboration with NALCO as a milestone for source localisation, enhancing energy/waste efficiency and reducing import dependence.
• Position India as a global hub for sustainable Materials & Devices, with potential licensing and technology-transfer opportunities for national champions and SMEs.

Taiwan (Global semiconductor ecosystem, quality assurance)

• Spotlight HIT’s role as a benchmark testing partner, reinforcing Taiwan’s reputation for rigorous qualification of high-performance wafers.
• Emphasise cross-border collaboration between India and Taiwan as a model for resilient, risk-managed supply chains in advanced packaging and power electronics.
• Frame the test results as enabling new materials pathways that complement Taiwan’s leading-edge fabs and ecosystem.

Shared Narrative

• A joint showcase of sustainable metallurgy and semiconductor materials innovation that accelerates Make in Asia collaboration, supports ESG goals, and diversifies regional supply chains.
• The region-specific angles should be used by regional editors to tailor coverage toward national investment, policy incentives, and industrial partnerships.

• NALCO as an approved source: National Aluminium Company Limited (NALCO) emerges as an approved feedstock source for the semiconductor value chain in India, enhancing domestic supply security.
• Make in India acceleration: This initiative strengthens domestic capabilities in silicon carbide wafers, a critical material for high-power, high-temperature devices, packaging, and power electronics.
• Global credibility: Verification from HIT, Taiwan, and collaboration with Taiwan’s semiconductor ecosystem provide international validation and potential premium for high-assurance supply chains.
• Red mud resolution: Demonstrates a scalable approach to valorise red mud, addressing environmental challenges and creating a circular economy pathway for industrial byproducts.

1. Completion of additional PoC tests across the specified wafer sizes with extended performance metrics.
2. Qualification programs with selective fabs to validate compatibility with existing fabrication lines.
3. Scaling plans with NALCO for a stable supply of red mud–derived silica and feedstock.
4. Stakeholder engagement for potential licensing and reactor set-up at red mud sites.

Date: 24.09.2025
Location: Chennai, India

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Surat (Gujarat) [India], September 24: The world diamond capital has added a new feather in its hat with the opening of the world’s largest lab-grown diamond showroom by Sonani Jewels. Union Jal Shakti Minister CR Patil officially opened the historic showroom at JCS Arcade, Ghoddod Road, Surat, amidst Gujarat Legislative Assembly Speaker Shankar Chaudhari, Surat Mayor Daxesh Mavani, Police Commissioner Anupam Singh Gahlaut, Surat District Collector Dr Sourabh Pardhi, and Venus Group Chairman Sevanti Shah.

A Global First for Surat

Spanning a whopping 18,000 square feet across two levels, Sonani Jewels showroom is the jewel of the international jewellery world. With a huge array of over 4,000 designs of jewellery, ranging from trendy day-to-day pieces to beautiful bridal masterpieces, it’s the shop that has everything. Each design has been meticulously crafted at the company-owned manufacturing unit, guaranteeing quality and originality.

With 18 carat, 14 carat, and 9 carat gold collections, the showroom is created as one point of destination for individuals seeking luxury, affordability, and sustainability in equal measure.

The Sonani Legacy

The force behind this bold undertaking is Agastya Sonani, a second-generation businessman who has led the family business into a new phase of innovation. Setting the vision at the launch, Sonani stated:

“The future of lab-created diamonds is promising. Their value in the fashion, luxury, and royalty segments is increasing because of their special designs and lower prices.”

The Sonani brand has a 25-year history with diamonds, starting with diamond farming, going into international loose diamond sales, and ultimately leaving its footprint in jewellery production. The business has always mixed tradition with innovation, now leading the way for the laboratory-grown diamond showroom experience.

A Grand Celebration

It was not merely a ribbon-cutting event but a three-day extravaganza between September 22 and 24. The first day began on a formal note with a ceremony, followed by a glamorous evening fashion show that showcased more than 300 designs of jewellery. India’s best models sashayed down the catwalk, showcasing the craftsmanship and sophistication for which Sonani Jewels is renowned.

The festivities were meant to display not just the enormity of the showroom but also the skill and imagination involved in each piece.

Why Lab-Grown Diamonds Matter

The arrival of lab-grown diamonds is revolutionising the jewellery world. Chemically, physically, and optically identical to diamonds from the ground, they are produced in a more environmentally friendly manner and often for less money. For environmentally conscious consumers and for young generations of individuals looking for ethical luxury, lab-grown jewellery represents the perfect combination of ethics and elegance.

Surat, already well-known around the world as a centre for cutting and polishing natural diamonds, is now leading the way in laboratory diamond showroom technology. By hosting the world’s biggest showroom, the city further confirms its place as the heart of the diamond industry.

A Store for Every Generation

The diversity of Sonani Jewels’ collection makes it suitable for multiple audiences:

• Young professionals seeking stylish yet affordable daily wear.

• Brides-to-be searching for grandeur without compromise.

• Luxury enthusiasts drawn to innovative and exclusive designs.

By catering to a wide demographic, the brand is strengthening its market reach both domestically and internationally.

Digital Expansion

To spread its reach wider, Sonani Jewels has also established a good online presence. Customers are able to view collections and order products through www.sonanijewels.com/jewellery, with free shipping to provide a hassle-free experience. The omnichannel strategy makes the brand geographically limitless, bringing Surat’s expertise in lab-grown diamonds to customers worldwide.

Looking Ahead

The launch of the Sonani Jewels showroom is not merely a milestone in business—it is a declaration of the future of the diamond sector. As more people become aware of sustainability, affordability, and innovation, lab-grown diamonds are no longer niche but mainstream.

Surat’s newest gem, the world’s biggest lab grown diamond showroom, highlights how the city keeps raising the bar for the industry, marrying heritage with innovation-bred ambition. For Agastya Sonani and his team, it is only the beginning of a long journey.

Mumbai (Maharashtra) [India], September 23: Quicklly, the largest Indian marketplace online in the USA, today announced exciting collaboration news with celebrated Bollywood stars Rakul Preet Singh and Jackky Bhagnani. As part of this collaboration,the young power couple are set to be part of Quicklly family as promoters. This strategic move aims to bring the brand’s authentic Indian groceries, Indian Sweets, Indian ready-to-eat meals, and Indian Meal Kits to a wider audience across the globe especially India and USA.

“Whenever we’re in the U.S., we miss home-cooked food,” said Rakul Preet Singh. “Food is more than just food, it’s comfort, culture, and memories. Quicklly keeps Desi traditions alive and makes our Desi community feel at home. We’re proud to be part of the Quicklly family.”

Jackky Bhagnani added, “Quicklly isn’t just a marketplace, it’s memories of home for many. They also support local businesses in the US and give them the digital platfo rm and recognition that they deserve. We’re thrilled to be a part of their journey and make Indian groceries, meals and other cultural products accessible to everyone.”

https://youtu.be/5h4xRUKsIzI

“We are incredibly proud to welcome Rakul Preet Singh and Jackky Bhagnani to the Quicklly family,” said Hanish Pahwa and Keval Raj, Co-Founders of Quicklly. “Their commitment to health and authenticity aligns perfectly with our mission to make healthy, home-style Indian groceries and meals available to everyone. At Quicklly, we believe that whenever you Think Indian, you only Think Quicklly. With their influential voices and mass following, Rakul and Jackky will inspire Indians across the globe, especially India & USA to experience the joy, convenience, and variety of our platform from seamless access to Indian groceries to ready-to-eat meals, snacks, and a wide range of authentic Indian products.

About Quicklly:

Quicklly is the #1 Indian super-app in the US and Canada, serving as the largest online marketplace for authentic Indian groceries, food, and cultural essentials. Our mission is to be the one-stop destination that connects the Indian diaspora to everything they need from home, delivering “Ghar Jaisa Pyaar” right to their doorstep. Quicklly does Nationwide doorstep delivery with access to 10000+ products, including Indian grocery ingredients, meal kits, and halal meat as well as same-day delivery in Chicago, Chicago Land, New York, New Jersey and Bay Area. You can also find your favorite Indian grocery brands listed on Quicklly. The platform seamlessly integrates a vast network of local businesses with our in-house brand, Just By Quicklly, ensuring a complete, convenient, and authentic cultural experience for the desi community for more information, please visit https://www.quicklly.com/

Quicklly Media Contact: hetaljoshi@quicklly.com

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Mumbai (Maharashtra) [India], September 24: Incorporated in March 2000, Systematic Industries Limited is India’s 3rd largest Steel Wire manufacturer Group (Source: Care Edge Report) with 25+ years of Incorporation serving Power & Transmission, Infrastructure, Agriculture, Telecom and other sectors. The company is poised for its initial public offering (IPO), with plans to raise INR 115.60 crores through the issuance of 59.28 lakh new shares.

The issue is a combination of fresh issue of 0.55 crore shares aggregating to INR 107.80 crores and offer for sale of 0.04 crore shares aggregating to INR 7.80 crores.

For its SME Initial Public Offering (IPO), Systematic Industries Limited has established a price band of Rs. 185 to Rs. 195 per share. The company’s shares will open for subscription on Sep 24, 2025 and closes on Sep 26, 2025. The Initiation of Allotment / Refunds for the Systematic Industries IPO is expected to be on September 30, 2025. Systematic Industries IPO will list on BSE SME with a tentative listing date fixed as Oct 1, 2025.

Systematic Industries Ltd.’s revenue increased by 21% and profit after tax (PAT) rose by 49% between the financial year ending with March 31, 2025 and March 31, 2024.

Hem Securities Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. The market maker of the company is Hem Finlease Pvt.Ltd..

The issue proceeds will be utilized for pre-payment, in full or part, of borrowing availed by the Company and general corporate purposes.

Systematic Industries IPO offers a total of 59,28,000 shares. Out of which 28,13,400 (47.46%) allocated to QIB, 11,25,600 (18.99%) allocated to QIB (Ex- Anchor), 8,44,200 (14.24%) allocated to NII, 19,70,400 (33.24%) allocated to RII and 16,87,800 (28.47%) allocated to Anchor investors.

Retail investors need to contribute a minimum of Rs 2.34 lakh, considering the minimum two lots for an application of 1,200 shares. For HNIs, the minimum bidding size is three lots, or 1,800 shares, for a total investment of Rs 3.51 lakh at the upper price band.

The company offers a portfolio of Steel wires, including Carbon steel wire (MS Wire), High carbon wire (HC Wire), Mild Steel Wire, Galvanized Iron Wire, Cable Armour Wire, Aluminium conductor steel-reinforced cable (ACSR Core wire), and Aluminium Clad Steel (ACS) Wire, along with Optical Ground Wires (OPGW) and Optical Fibre Cable (OFC). The company has a presence across 25 Indian states/UT and exports to 30+ Countries.

The company has four factories, of which three are situated in Daman & Diu and one is situated in Valsad, Gujarat, with a combined total annual capacity of Steel wire is 1,00,000 MTPA, Optical Ground Wires (OPGW): 6,000 Kms. and Optical Fibre Cable (OFC): 48,000 Kms.

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New Delhi [India], September 23: Hanahealth, the IVF vertical of DSS Imagetech, a market leader in Molecular Diagnostics, Life Sciences, and Biotechnology, has recently partnered with South Korea’s Kai Health to enable IVF labs in India to benefit from its AI-powered embryo assessment tool, Vita Embryo. AI-powered embryo assessment is a transformative step that supports clinicians with more accuracy and consistency in IVF.

The partnership will enable IVF clinics in India to improve the decision-making and success rates of embryo selection using the Vita Embryo solution. IVF specialists will be able to make data-driven decisions that will result in higher implantation success rates and shorter IVF cycles, thereby improving overall treatment outcomes and patient confidence.

“This collaboration aligns with DSS Imagetech’s focus on innovation, tech integration, and elevating clinical standards in IVF. Clinical results have shown that Vita Embryo’s AI can improve the accuracy of embryo selection by 25% compared to human evaluation. Through Hanahealth’s partnership with Kai Health, we are empowering embryologists to better predict embryo viability, reduce inefficiencies and detect subtle embryo features invisible to the human eye. We will see a marked improvement in implantation success thanks to this collaboration,” said Mr A.R. Ghatak, VP of the IVF Division Hanahealth.

“India is one of the fastest-growing markets for IVF, and we see immense potential to support its ecosystem. By introducing our advanced AI-powered embryo selection, Vita Embryo  into Indian clinics, we aim to empower IVF specialists in India with more precise tools for embryo assessment, ultimately helping improve success rates and patient outcomes”, said Dr Hyejun Lee, CEO & Founder, Kai Health

Embryo selection in the IVF process is often variable and subjective, as the assessment largely depends on the embryologists’ experience. By complementing their expertise with the AI tool, IVF specialists will be able to increase the success rates.

This collaboration fits into DSS’s broader strategy of innovation and partnership with global tech leaders to provide comprehensive IVF solutions in India. Vita Embryo has attained medical device certification in multiple regions across the world ,including India, a market where the number of IVF cycles is projected to double by 2030.

The Vita Embryo tool is already being implemented by Nova IVF Fertility, India’s fastest-growing fertility chain with 120 clinics, and is expected to be adopted by more IVF clinics across India in the coming months.

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Mumbai (Maharashtra) [India], September 23: Earkart Limited (The Company, Earkart) is a technology-driven hearing healthcare solutions provider, proposing to open its Initial Public Offering on Thursday, September 25, 2025, aiming to raise ₹ 49.26 Crore, with shares to be listed on the BSE SME platform.

The issue size is 36,49,000 equity shares at a face value of ₹10 each with an IPO Price of ₹ 135 Per Share.

Equity Share Allocation

• Non-Institutional Investors – 17,32,000 Equity Shares
• Individual Investors – 17,32,000 Equity Shares
• Market Maker – 1,85,000 Equity Shares

The net proceeds from the IPO will be utilized by the Company for capital expenditure requirements related to setting up the Shop-in-Shop business model in ENT/Ophthalmic clinics across India, establishing infrastructure for operational activities, meeting working capital needs, and general corporate purposes. The issue will open on September 25, 2025, and will close on September 29, 2025.

The Lead Manager to the Issue is Sarthi Capital Advisors Private Limited, and The Registrar to the Issue is Skyline Financial Services Private Limited.

Mr Rohit Misra, Chairman and Managing Director of Earkart Limited, expressed, “At Earkart Limited, our mission has always been to make high-quality hearing healthcare solutions affordable and accessible to every corner of India. With our proprietary technologies such as the OMNI Audiometer, an extensive product portfolio under our EQFY, Fame, and Radius brands, and our growing Shop-in-Shop network, we have created a strong foundation built on innovation, social impact, and accessibility. Our partnerships with government bodies, supply through GeM and ALIMCO, and our presence in Tier 2 and Tier 3 cities further strengthen our commitment to delivering modern hearing solutions to underserved communities.

The funds raised will fuel our Shop-in-Shop expansion, strengthen infrastructure, and support working capital. This will help us scale faster, widen our reach in Tier 2 and Tier 3 cities, and accelerate innovation — reinforcing our leadership in affordable, technology-driven hearing healthcare.”

Mr Deepak Sharma, Founder and Chairman of SarthiCapital Advisors Private Limited, said, We are glad to partner with Earkart Limited in its IPO journey. The company’s innovative, technology-driven approach to affordable hearing healthcare, combined with its strong government partnerships and expanding Shop-in-Shop network, positions it for significant growth. The IPO will provide the resources needed to expand its footprint into new markets, strengthen infrastructure, and accelerate product innovation — enabling Earkart to scale faster and deliver greater value to customers.

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