Tag: Business

Hyderabad (Telangana) [India], July 31:  In a ground-breaking medical achievement, Apollo Hospitals, Jubilee Hills, has successfully performed the youngest Valve-in-Valve Transcatheter Aortic Valve Implantation (ViV-TAVI) in India on a 38-year-old woman, marking a significant milestone in the country’s interventional cardiology landscape.

The patient, Smt. Bandakindhi Swapna,38 year old woman a resident of Hyderabad, was suffering from severe bioprosthetic valve stenosis with preserved left ventricular function, a condition indicating structural valve degeneration. She had previously undergone surgical bioprosthetic aortic valve replacement 8 years ago and recently presented with progressive shortness of breath and fatigue.

Dr. Karunakar Rapolu, Consultant Cardiologist, Apollo Hospitals, Jubilee Hills, said this case was particularly high-risk and challenging because of the patient’s complex medical history, which included Bronchial Asthma, Anaemia, Hypothyroidism, and Seizure Disorder. Despite consulting several leading hospitals across Hyderabad, she was denied minimally invasive treatment options due to her age and associated high surgical risks.

Recognising the urgency and intricacy of the case, the Heart Team at Apollo Hospitals, Jubilee Hills, undertook a comprehensive evaluation involving CT angiography and multidisciplinary consultations. The team, led by Dr. Karunakar Rapolu, Consultant Cardiologist, decided to proceed with a Valve-in-Valve TAVI  a cutting-edge, catheter-based intervention that eliminates the need for open-heart surgery.

For the procedure, the team selected the Allegra self-expanding transcatheter valve, chosen for its superior hemodynamics, repositionability, and compatibility with smaller valve annuli, critical for redo procedures within a failed surgical bioprosthesis.

The procedure was performed successfully via transfemoral access under conscious sedation. The new valve was accurately deployed within the existing failed valve with excellent post-implant valve function, Minimal transvalvular gradient, no paravalvular leak, and Good coronary clearance

Dr. Karunakar Rapolu, Consultant Cardiologist, said the patient experienced an uneventful recovery and was discharged just three days post-procedure with marked symptomatic relief, now classified as NYHA Class I. At her one-week follow-up, she remained asymptomatic with stable valve function and improved physical endurance.

Commenting on the success, Mr. Tejesvi Rao Veerepalli, Regional CEO – Telangana, Apollo Hospitals, said, “This remarkable achievement not only sets a new benchmark in India’s TAVI procedures but also underscores Apollo Jubilee Hills’ unwavering commitment to pushing boundaries in structural heart disease interventions.”

Dr. Ravindra Babu Annam, Director of Medical Services, Apollo Hospitals Jubilee Hills, added, “This is a landmark case, the youngest successful TAVI in India. It exemplifies Apollo’s clinical excellence in delivering advanced, life-saving, minimally invasive cardiac care even in the most complex of cases.”

This pioneering case reinforces Apollo Hospitals’ position as a national leader in structural heart disease treatments, setting a precedent for future innovations in interventional cardiology.

About Apollo Hospitals, Hyderabad

Apollo Hospitals Hyderabad stands as a beacon of hope and healing. For over 36 years, it has consistently led advancements in medical innovation, clinical excellence, and technology-driven care. Apollo Hospitals are regularly ranked among the top institutions in India, known for their excellence across specialities including cardiology, oncology, neurology, orthopaedics and robotic surgery.

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New Delhi [India], July 31:  In an age where wellness is personal and purity is paramount, ACTIZEET has emerged as the #1 choice among India’s conscious consumers, earning the coveted title of the Best Essential Oil Brand in India. With a growing movement toward clean, natural, and ethical living, Indian households are turning to ACTIZEET for their aromatherapy, skin, hair, and emotional wellness needs—and they are not shy about expressing their love for the brand.

Trusted by Over 2 Lakh Customers and Counting

According to ACTIZEET’s recent customer satisfaction survey conducted across 20,000 users, an overwhelming 94.3% of respondents rated the brand’s essential oils as “pure and highly effective”, while 92.6% reported visible improvements in their well-being within 4 weeks of consistent use.

From young mothers diffusing lavender oil in their children’s bedrooms to working professionals using peppermint oil for mental clarity, ACTIZEET is finding a sacred place in every Indian home.

“I used to suffer from constant migraines and tried everything,” says Shruti Nair, a 34-year-old IT professional from Bengaluru. “But ACTIZEET Peppermint Essential Oil changed my life. I keep it on my desk, and it has become my daily ritual.”

Purity That Connects with the Soul

What sets ACTIZEET apart is not just its effectiveness, but its unwavering commitment to purity. Each batch of essential oil is 100% natural, steam-distilled, GC/MS tested, and free from additives, synthetic fragrances, or dilution. ACTIZEET works directly with small-scale farmers and tribal communities in the Himalayas and the Western Ghats to source raw botanicals—an initiative that ensures both ethical sourcing and therapeutic-grade quality.

“We don’t just sell oils. We deliver emotional well-being bottled in nature’s essence,” says Tapas K. Biswas, Founder of ACTIZEET. “Our goal has always been to create trust in every drop.”

Emotional Connection Drives Repeat Buyers

In an age of online noise and overhyped wellness trends, ACTIZEET has quietly built a tribe of loyal users who return not just for the product—but for the experience.

In fact, 83% of ACTIZEET buyers become repeat customers within the first three months of purchase. Many describe their interaction with the brand as “healing,” “soothing,” and “emotionally grounding.”

“As a single mother raising a hyperactive child, ACTIZEET Lavender oil help bring peace to our evenings,” says Kavita Singh, from Lucknow. “It’s more than oil—it’s hope in a bottle.”

ACTIZEET’s curated usage guides, wellness rituals, and personalized email follow-ups have added to the emotional touch that big brands often lack.

Top-Selling Essential Oils in India (ACTIZEET 2025 Data)

1. Lavender Essential Oil – Sleep aid, stress relief
2. Peppermint Essential Oil – Headache relief, focus boost
3. Tea Tree Essential Oil – Acne, scalp health
4. Eucalyptus Essential Oil – Cold, cough, immunity
5. Clary Sage Essential Oil – Hormonal balance, emotional stability

These oils are not just best-sellers—they are lifestyle essentials for urban Indians seeking holistic healing at home.

A Brand That’s Safe for Families, Backed by Science

ACTIZEET’s essential oils are dermatologist-tested, cruelty-free, vegan, and ISO-certified. With rising concerns over adulterated oils in the Indian market, ACTIZEET has introduced a “Verified by ACTIZEET” QR authentication seal—allowing consumers to verify product purity directly from their smartphones.

According to a 2025 survey by Natural Health India Magazine, ACTIZEET ranked highest in Consumer Trust, Product Transparency, and Brand Satisfaction among 27 Indian essential oil brands.

What Wellness Experts Are Saying

“ACTIZEET has revolutionized how Indian families use essential oils,” says Dr. Neha Kapoor, a holistic therapist based in Mumbai. “Their oils are potent and safe, and I recommend them to all my clients for daily use in stress, skin, and hormone balance.”

“The emotional resonance this brand has created is rare in this space,” adds Ayush Malhotra, a certified aromatherapist and spa consultant. “ACTIZEET is not just a brand—it’s a wellness movement.”

Looking Ahead: Wellness with Purpose

ACTIZEET is not slowing down. With new blends on the horizon, upcoming regional experience centers, and community outreach programs through ACTIZEET Cares, the brand is committed to wellness with purpose.

For a generation of Indian consumers that value authenticity, sustainability, and emotional resonance, ACTIZEET is more than a product—it’s a promise.

About ACTIZEET

ACTIZEET is a leading Indian brand offering pure and potent wellness products rooted in traditional knowledge and modern science. Best known for its Shilajit Resin, Essential Oils, and Herbal Powders, ACTIZEET has earned the trust of over 2 lakh Indian consumers for its purity, transparency, and soulful connection to nature.

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Ahmedabad (Gujarat) [India], July 31: Asian Granito India Limited (AGL), one of the largest Luxury Surfaces and Bathware Solutions brands, is all set to make its mark in Building Materials sector. One of the top players in ceramic tiles manufacturing, the company looks forward to strengthening its other departments to reach its goal of becoming Rs 5,500 crore company by 2030.

Highlights:

• Company is set to focus on building materials segment to supplement its vision of becoming Rs 5,500 crore company by 2030
• Company has signed Bollywood Superstar Ranbir Kapoor and launched “Premium Ka Pappa” campaign
• Company envisions at least a 30% increase in brand-driven demand with Ranbir Kapoor as brand ambassador
• For FY25, company reported consolidated Net Sales of Rs. 1558.52 crore

Company’s Executive Director Mr. Bhavesh Patel recently shared insights into the company’s journey, future goals, and evolving vision. “What began with a small-scale production facility in Idar, has now spanned into multiple large-scale production units, employing over 6000 people. The company has registered the AGL brand across 36 product categories, reinforcing our commitment to diversify into building materials beyond tiles, thereby supporting our aim is to become a Rs. 5,500 crore company by 2030.”

AGL has a remarkable presence in the market. The company’s strength lies in its pan-India distribution and retail presence. The company currently operates 80 exclusive display centers and has over 277 franchise showrooms across major cities. Further, the Company has an extensive marketing and distribution network pan India with 18,000 plus touchpoints including distributors, dealers and sub-dealers in India. The brand enjoys strong visibility in the Western and Southern regions of India and is rapidly expanding its market share in the North and East as well.

The company’s brand-building efforts have received a boost with the onboarding of Bollywood actor Ranbir Kapoor as its brand ambassador and launching “Premium ka Pappa” campaign. “Ranbir Kapoor’s widespread appeal and strong screen presence have helped us transition from a push-sales model to a more aspirational pull-sales strategy. We foresee at least a 30% increase in brand-driven demand during his association,” Mr. Patel added.

Furthermore, AGL’s Bonzer7 brand has onboarded actress Vaani Kapoor for its “Kya Baat Hain” campaign, aiming to resonate with younger audiences and reinforce its market position. These campaigns underscore AGL’s commitment to innovation and its strategy to connect with a broader consumer base.

On financial front, the company has reported a consolidated net profit of Rs. 20.24 crore for the financial year ended 31^st March 2025. Consolidated Net sales of the company reported growth of 1.8% to Rs. 1558.52 crore in FY25 as against net sales of Rs. 1530.59 crore in FY24. EBITDA for FY25 stood at Rs. 75.72 crore (EBITDA Margin 4.90%) as against EBITDA of Rs. 50.98 crore (EBITDA Margin 3.60%) in FY24. Exports for the FY25 was reported at Rs. 291 crore, rise 19% Y-o-Y as compared to export of Rs. 246 crore in FY24.

About AGL:  https://aglasiangranito.com/

Established in the year 2000, AGL has emerged as India’s leading Luxury Surfaces and Bathware Solutions brand in a short span of two decades. The Company manufactures and markets a wide range of Tiles, Engineered Marble and Quartz, Bathware and Faucets. AGL products are synonymous with reliability, adaptability, innovation, quality consciousness and the company has created a strong brand identity, well recognized globally and loyal customer following across segments. Today it is 4^th largest listed ceramic tile company in India with Strength of more than 700 field force.

Ranked amongst the top ceramic tiles companies in India, AGL has achieved over 65 times growth in its production capacity, from 0.83 Million Sq. Mtrs. Per Annum in FY 2000 to 54.5 Million Sq. Mtrs. Per Annum in FY 2025. AGL is also the only tiles company to be acknowledged in the Vibrant Gujarat Summit 2015 for achieving phenomenal growth.

The Company has 14 state-of-the-art manufacturing units spread across Gujarat and 277 plus exclusive franchisee showrooms, 13 company owned display centres across India. Further, the Company has an extensive marketing and distribution network pan India with 18,000 plus touchpoints including distributors, dealers and sub-dealers in India. The company also exports to more than 100 countries.

The Company looks to strengthen its identity as the leader in the Indian ceramic industry by consistently introducing innovative and value-added products in the market to keep pace with its valued customers. Headquartered in Ahmedabad, AGL is listed on NSE & BSE and reported net consolidated turnover of INR 1559 crore in FY 2025. (For more information, please visit: www.aglasiangranito.com)

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Mumbai (Maharashtra) [India], July 31: Fredun Pharmaceuticals Limited (BSE – FREDUN | 539730), is one of the Leading Pharmaceuticals Formulation manufacturing companies in India. Diversified into Generics, Cosmeceuticals, Nutraceuticals, Mobility and Animal Healthcare Products, has reported its Unaudited financials for Q1 FY26.

Key Financial Highlights 

Particulars (₹ Cr)	Q1 FY26	Q1 FY25	YoY
Total Income	119.86	78.81	52.08%
EBITDA	16.99	10.48	62.15%
EBITDA Margin (%)	14.18	13.30	88 BPS
Net Profit	6.77	4.13	63.82%
Net Profit Margin (%)	5.64	5.24	40 BPS
Diluted EPS (₹)	14.33	8.79	63.03%

Commenting on the financial performance Mr. Fredun Medhora, Managing Director, said “We are pleased to report a strong start to FY26 with a significant year-on-year growth in net profit and healthy improvement across all key financial metrics. Our performance reflects the successful execution of our growth strategy and the continued demand for our diversified portfolio across domestic and international markets. Our generics portfolio continues to strengthen, with over 1,200 products currently under registration. Our current order book stands at over ₹200 crore, providing strong revenue visibility and momentum for the upcoming quarters.

We have entered the organized pet care market with the acquisition of a controlling stake in One Pet Stop through our subsidiary FRPL, giving us access to a loyal customer base and a tech-enabled, doorstep grooming service. This move complements our premium Freossi pet care range and strengthens our vision to grow as a holistic player in India’s rapidly expanding pet wellness space.

The pharmaceutical and healthcare industry continues to see robust demand driven by increasing health awareness, focus on affordable care, and supportive regulatory frameworks. With our growing presence in generics, cosmeceuticals, nutraceuticals, mobility aids, and animal health products, we are well-positioned to capitalize on these opportunities. Looking ahead, we remain committed to enhancing value through consistent performance, product innovation, and expanding our global reach.”

Q1 FY26 Key Business Highlights

Upgrade in Credit Rating	Rating Upgrade: Long-term rating upgraded to IVR BBB/Stable (from IVR BBB-/Stable) Assigned IVR BBB/Stable / IVR A3+ for long/short-term facilities Total amount rated: ₹139.64 Cr
Acquisition of One Pet Stop	Entity Involved: Fredun Retail Pvt. Ltd. (FRPL), a wholly owned subsidiary. Acquisition: FPRL acquires controlling stake in One Pet Stop Pvt. Ltd.

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Mumbai (Maharashtra) [India], July 30: Eco Recycling Limited (BSE: ECORECO), India’s pioneering and leading professional e-waste management company has published its unaudited financial results for Q1 FY26.

Q1 FY26 Consolidated Key Financial Highlights 

• Total Income of ₹ 13.62 Cr, QoQ growth of 43.37%
• EBITDA of ₹ 9.44 Cr, QoQ growth of 41.11%
• PAT of ₹ 8.09 Cr, QoQ growth of 267.73%
• PAT Margin of 59.40%, QoQ growth of 3,624 Bps
• EPS of ₹ 4.19, QoQ growth of 252.10%

Q1 FY26 Standalone Key Financial Highlights 

• Total Income of ₹ 12.20 Cr, QoQ growth of 12.55%
• EBITDA of ₹ 8.06 Cr, QoQ growth of 0.12%
• PAT of ₹ 6.71 Cr, QoQ growth of 115.76%
• PAT Margin of 55.00%, QoQ growth of 2,631 Bps
• EPS of ₹ 3.48, QoQ growth of 117.50%

Commenting on the performance, Mr. B K Soni, Chairman & Managing Director of Eco Recycling Limited said, “We are pleased with the steady progress made during the quarter, which underscores the strength of our strategy and execution. The recent commissioning of our advanced 40,000 sq. ft. facility, including a dedicated lithium-ion battery recycling line, has substantially expanded our processing capabilities and positioned us to meet the growing compliance needs under the E-Waste Management Rules, 2022. Importantly, these investments have been fully funded through internal accruals, reinforcing our zero-debt status and financial prudence.

It is also an honour to have been appointed to the Technical Advisory Committee of SERI, the global authority for responsible e-waste recycling standards. This recognition reflects the progress India is making in sustainable waste management and Eco Recycling’s role in leading that transformation. With rising regulatory focus, the launch of the centralized EPR portal, and international momentum such as Japan’s $400 million commitment to minerals recovery, the e-waste and battery recycling industry is entering a transformative phase. Eco Recycling is well-positioned to capitalise on these shifts, drive innovation in resource recovery, and contribute meaningfully to India’s circular economy.”

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New Delhi [India], July 30:  Aayush Wellness, an Integrated Healthcare Company, is pleased to declare an interim dividend of Rs. 0.025 per share, reaffirming its commitment to rewarding investor trust and confidence.

The Board of Directors has approved a dividend of Rs. 0.025 per share amounting to 2.5% of the face value of shares. This dividend decision underscores Aayush Wellness’s focus on creating long-term value while maintaining financial discipline.

“This dividend reflects our belief in sustainable growth and our gratitude to shareholders who have been an integral part of our journey. As we continue expanding in the Health and Wellness sector, we remain committed to delivering both innovation and returns.” said Naveena Kumar, Managing Director of Aayush Wellness.

The record date for determining shareholders eligibility for the dividend is 5th August 2025, and the dividend will be disbursed within 30 days from the announcement date, as per regulatory guidelines.

Aayush Wellness Limited continues to demonstrate its commitment to making preventive healthcare both accessible and affordable—an approach that aligns with long-term value creation.

With strategic expansions into teleconsultation, health checkups, and other healthcare services, alongside a growing portfolio of wellness products targeting lifestyle related health issues, the company is well-positioned to capture rising consumer demand in the health and wellness sector. This holistic approach not only strengthens its market presence but also enhances returns for its stakeholders.

About Aayush Wellness Limited:

(ISO 9000 and 22000 certified company)

Aayush Wellness Limited [BSE scrip code: 539528], established in 1984 is a pioneering name in health and wellness solutions, dedicated to offering products that merge wellbeing with innovation. We are India’s integrated healthcare company committed to offer quality products and services to enhance the consumer well-being. Aayush Wellness continues to lead the industry in promoting healthier lifestyle choices through its diverse range of wellness products and services. For more information, please visit www.aayushwellness.com or Call: 8655611700 for business inquiries.

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New Delhi [India], July 30: It’s a misty morning in Goa. A family from Delhi watches the sunrise from a private verandah, sipping freshly brewed coffee made by a local chef. No hotel noise, no buffet queues, no impersonal corridors. Just a villa that feels like home, only better. This isn’t a scene from a five-star brochure. It’s a real guest experience from Vivanta Stays, the underdog brand quietly changing the way Indians vacation.

In India’s increasingly competitive luxury villa rental market, flash often takes center stage. Between high-gloss ad campaigns and influencer-studded stays, the space has largely been carved up by high-profile players like Lohono Stays and Ama Stays & Trails. But while those brands chase visibility, one name, Vivanta Stays, is winning hearts the old-fashioned way: through consistency, clarity, and community.

From Goa to Igatpuri, a Network Built on Trust

Vivanta Stays currently manages over 550+ verified villas across key getaway hubs like Goa, Lonavala, Alibaug, and Igatpuri. Each property is handpicked, but not just for its Instagram appeal. The selection criteria lean heavily on practical elements, service quality, staff reliability, property access, and actual guest readiness.

What’s interesting is how the brand has grown not by chasing volume, but by focusing on repeat-worthy experiences. Think private chefs who customize meals, on-call support that actually responds, and spotless homes that don’t come with luxury premiums. It’s this attention to detail that has earned Vivanta a loyal clientele from Mumbai, Pune, Delhi, and Bangalore, including both family vacationers and corporate teams.

Unlike Lohono’s ultra-luxe aesthetic or Ama’s heritage-laced hospitality, Vivanta’s positioning is more grounded. It’s not trying to woo the elite. Instead, it champions “affordable luxury”, delivering high-touch stays without the markup that often comes from big-brand optics.

Why Word of Mouth Still Wins in 2025

In a world obsessed with clicks, likes, and influencer codes, Vivanta Stays is that rare entity that thrives on organic growth. According to frequent guests, it’s the human connection that keeps them coming back.

Take Rina Kapoor from Bengaluru, who booked a villa in Alibaug for her daughter’s bachelorette. “The property looked great online, but what made it special was how the team handled last-minute decor, arranged a local band, and even helped source a cake within an hour. It felt like talking to cousins, not a call center,” she recalls.

That kind of grassroots hospitality, a blend of local agility and genuine care, is becoming a rarity. Especially as larger chains begin to automate guest interactions or push bookings through third-party funnels. On review sites and booking portals, many Vivanta properties consistently clock 4.5 stars or higher, with special mentions for support staff and responsiveness.

Every Fast-Rising Brand Faces a Few Bumps

Of course, rapid growth has its side-effects. Some travelers have raised concerns on forums or travel groups, often about partial payments, missed confirmations, or peak-season mix-ups. But dig deeper, and a pattern emerges: issues arise, yes, but they are addressed.

Unlike many players that go silent once payment is made, Vivanta Stays tends to lean in. Their refund policies, resolution windows, and direct customer handling often lead to quick turnarounds, even during holiday chaos. That kind of accountability might not make headlines, but it wins long-term loyalty.

The Local Impact No One Talks About

One of the less glamorous, but perhaps most meaningful, aspects of Vivanta’s rise is its community-first model. The brand actively partners with local chefs, drivers, decorators, and caretakers in each region. This not only boosts regional employment but ensures that every stay has a touch of the locale, whether it’s a Konkani fish curry in North Goa or a misty breakfast overlooking the Sahyadris in Igatpuri.

For property owners, Vivanta offers a middle path. It allows them to retain autonomy over their homes while enjoying higher occupancy, better maintenance, and transparent earnings. It’s this hybrid model, not just business-savvy but ethically rooted, that sets them apart from many corporate operators.

A Quiet Revolution in Progress

Vivanta Stays may not make headlines every week. It may not have celebrities hashtagging their stays or sprawling ad campaigns across airports. But perhaps that’s the point. In a landscape that often prioritizes noise over nuance, Vivanta is betting on something refreshingly rare: silent excellence.

And slowly, guest by guest, region by region, they’re redefining what modern Indian luxury looks like. It’s not marble floors and butlers in gloves. It’s comfort, care, connection, with just enough polish to feel special, and just enough heart to feel real.

Rajkot (Gujarat) [India], July 30: The Rs. 25.77 crore Initial Public Offering (IPO) of Rajkot-based Renol Polychem Limited, a leading manufacturer of colour and additive master-batches in India, is set to open on July 31, 2025. The IPO will remain open for subscription until August 4, 2025.

The IPO comprises a fresh issue of 24.54 lakh shares. Renol Polychem has set a price band of Rs. 100 to Rs. 105 per share for the issue. The lot size is 1,200 shares. Retail investors are required to apply for at least two lots (2,400 shares), amounting to Rs. 2,52,000. For High Net-worth Investors (HNIs), the minimum application amount is Rs. 3,78,000 (3,600 shares).

Out of the total fundraise of Rs. 25.77 crore, Renol Polychem plans to use Rs. 5.60 crore for purchasing advanced machinery, Rs. 15.15 crore for working capital requirements to expand operations and market presence, Rs. 1 crore for repayment of certain borrowings, and the rest for general corporate purposes. The shares will be listed on the NSE SME Emerge platform on Thursday, August 7, 2025.

Founded in 2008, Renol Polychem specialises in the manufacturing of colour master-batches, plastic master-batches, industrial chemicals, impact modifiers, plastic pigments, and more. It also offers all-in-one additives, including stabilisers, impact modifiers, and colour pigments, that have applications in the UPVC, CPVC pipes, pipe fittings, and plastic products segments. The company’s manufacturing unit in Rajkot is equipped with modern machinery and R&D facilities.

Renol Polychem has demonstrated strong financial performance with significant revenue growth and profitability over the last few years. It reported revenue of Rs. 52.26 crore and profit after tax of Rs. 3.94 crore in financial year 2023-24. In FY 2024-25, its revenue was Rs. 62.29 crore and profit after tax was Rs. 4.99 crore.

The IPO comes at a time when India’s master-batch market is witnessing rapid growth, and is expected to reach $17.22 billion by 2030, driven by increasing demand from packaging, automotive, agriculture, healthcare, aerospace, automotive, consumer goods, and other sectors.

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Mumbai (Maharashtra) [India], July 30: CashurDrive Marketing Limited (CashurDrive, The Company), is an outdoor media advertising company, proposes to open its Initial Public Offering on 31^st July, 2025 and aiming to raise ₹ 60.79 Crores (at the upper price band), with shares proposed to be listed on the NSE Emerge platform.

The issue size is 46,76,000 equity shares with a face value of ₹10 each with a price band of ₹ 123 – ₹ 130 per share.

Equity Share Allocation

• QIB Anchor Portion – Up To 13,22,000 Equity Shares
• Qualified Institutional Buyer – Up To 8,82,000 Equity Shares
• Non-Institutional Investors – Not less than 6,63,000 Equity Shares
• Retail Individual Investors – Not less than 15,50,000 Equity Shares
• Market Maker – 2,59,000 Equity Shares

The net proceeds from the IPO will be utilized for investment in technology, capital expenditure, funding the working capital requirement and general corporate purposes. The anchor portion will open on 30^th July, 2025 and issue will close on 04^th Aug, 2025.

The Book Running Lead Manager to the Issue is Narnolia Financial Services Limited, and the Registrar is Bigshare Services Private Limited.

Mr. Raghu Khanna, Managing Director of CashurDrive Marketing Limited expressed, ”

“Our journey began with a simple yet powerful idea — to transform everyday commutes into impactful advertising opportunities. From our roots in cab branding, we’ve evolved into a full-spectrum OOH media solutions provider, leading the charge in sustainable and tech-driven advertising. Today, with exclusive rights on over 1,000 electric buses we are leading sustainable media asset company and will be leading the new infrastructure growth in India through monetisation of advertising assets.

This IPO marks a significant milestone in our growth journey. The proceeds will enable us to invest in cutting-edge technology, expand our media asset base, and strengthen our operational capabilities across new geographies. More importantly, it empowers us to scale our ESG-compliant advertising model, helping brands engage audiences in ways that are both effective and environmentally responsible.”

Mr. Vipin Aggarwal, Director of Narnolia Financial Services Limited said, “The company represents a new generation of out-of-home media companies aligning with the future of sustainable urban mobility and advertising. The company stands out as one of the few players effectively blending sustainability, technology, and innovation in India’s outdoor advertising landscape. With exclusive rights across electric buses, EV charging stations, and strategic fleet partnerships, the company has built a strong foundation in the fast-evolving transit media segment.

Its consistent expansion across major cities and first-mover advantage in eco-friendly advertising assets position it well to capitalize on the growing demand for sustainable branding solutions. The IPO will provide the necessary growth capital to enhance its asset base, invest in technology, and strengthen its market presence.”

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Mumbai (Maharashtra) [India], July 30: Ashapuri Gold Ornament Limited(BSE – 542579), one of India’s leading B2B jewellery manufacturers, reported its Unaudited financial result for Q1 FY26.

Q1 FY26 Key Financial Highlights:

• Total Income of ₹ 52.96 Cr, YoY growth of 18.72%
• EBITDA of ₹ 5.02 Cr, YoY growth of 34.04%
• EBITDA Margin of 9.48%, YoY growth of 108 Bps
• PAT of ₹ 3.17 Cr, YoY growth of 21.86%
• PAT (%) of 5.99%, YoY growth of 15 Bps
• EPS* of ₹ 0.10, YoY growth of 25.00%

Face Value of ₹ 1 each

Speaking on the financial performance, Mr. Jitendra Kumar Soni, Joint Managing Director of Ashapuri Gold Ornament Limited said, “We are pleased with our Q1 FY26 performance, which reflects the continued strength of our B2B model and disciplined execution. The 34% year-on-year growth in EBITDA and healthy improvement in margins underscore our operational resilience and growing brand preference among jewellery retailers.

The ₹11 Cr order secured at the Gem & Jewellery Show 2025 is a testament to our deep-rooted customer relationships and design capabilities. As we move forward, we remain focused on driving sustainable growth, deepening client partnerships, and enhancing value for all stakeholders.

Secures ₹11 Cr Order at Gem & Jewellery Show 2025

Received a prestigious order worth approximately ₹11 Cr from prominent national and regional jewellery retail chains, reinforcing Ashapuri Gold’s growing brand equity and strong demand for its curated collections.

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