Friday, October 14, 2016

NORTH BOMBAY SARBOJANIN DURGA PUJA SAMITI 2016 VISARJAN OF  DURGA MAA IDOL VISARJAN 

After the festivity at North Bombay Sarbojanin Durga Puja Samiti 2016 , the idol was taken in a procession. The visarjan saw  Rani Mukherjee, Shrabani Mukherje, Bhappa Lahiri, Bhappi Lahiri, Tanisha Lahiri, Debu Mukherjee & Smita Gondkar etc 




        Loud chants of “Durga maa ki jai” glorifying the stature of Maa Durga resonated in the atmosphere. Amidst the drumbeats and gusto of devotees, idol was immersed (Visarjan) in water. A popular tradition of Sindur Khela was performed prior to the immersion (Visarjan). “Dhunchi” dance was also performed in front of the Goddess while drummers beat their drums traditionally. The immersion (Visarjan) ceremony was done extravagantly. It’s believed that on the tenth day, through the immersion of Goddess Durga idol into the waters she returns to her husband, Shiva. Visarjan is also called Bishorjon, Bhaashan and Niranjan.
          Sharbani Mukherji says “Our Durga puja was started by my grandparents Padmashri S. Mukerji and Smt. Satirani  Mukerji .This year is our 68th year. Today was the visarjan of the murti, it was the holy departure of Maa durga. Visarjan is always a very eye catchy event because it is celebrated with a bang. We have been following the traditions set by our elders from generation to  generation. These few days were the days of bonding and celebrations amongst all of us, along with getting an opportunity to wear traditional attire"
          Bappa Lahiri says “Durga Puja is one of the most important festivals of Bengal. It's a tradition we are following since years, and being the third generation in my family, I am continuing the legacy. Today is visarjan ceremony. The  immersion was a grand affair and was done following all the ritualls. It was an occasion where family came together and celebrated the festival"
           It is the only time of the year when the bengali’s in Mumbai switch on to their traditional mode. The festival of Durga Puja is colored with devotional zeal, mythological legends, detailed rituals, extravagant pandals and magnificent tableaus of the divine Mother Goddess coming with her children Ganesh, Kartik, Lakshmi and Saraswati from Kailash to Dharti (her parent's  home). As the festival of Maa Durga is approaching, Sharbani Mukherji and Bappa Lahiri brings one of the oldest and the biggest Durga Puja- North Bombay Sarbojanin Durga Puja Samiti 2016 in Mumbai to seek the blessings of Maa Durga.
       This year Mrs. Paromita Sarkar has taken an innovative step towards protecting our environment and invented eco-friendly packaging for the prashad distributed to all devotees at the puja. The prashad will be packed in pouches made of BASF’s 100% compostable polymer. This innovative polymer is certified compostable according to all global standards and is therefore biodegradable and partly bio-based. This polymer from BASF bio-degrades completely when composted in a controlled environment, thus turning the waste into valuable compost.



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Adroit Industries (India) Limited IPO Opens on Wednesday, September 23, 2026 Total Offer Size- Up to 1,12,47, 000 Equity Shares of face value of ₹10 each Fresh Issue Size - Up to 98,97,000 Equity Shares OFS size - Up to 13,50,000 Equity Shares Total Size - ₹ 150.71 Crore (At Upper Price Band) Price Band - ₹ 126 - ₹ 134 per share Lot Size – 111 Equity Shares Mumbai, September 21, 2026 - Adroit Industries (India) Limited is a vertically integrated manufacturer of propeller shafts and torque-transmission components with over four decades of operational experience, serving automotive, primarily commercial vehicles, and non-automotive applications, including defence and emergency services, heavy equipment and off-highway machinery and industrial equipment across more than 32 countries, proposes to open its Initial Public Offering on Wednesday, September 23, 2026 aiming to raise ₹ 150.71 Crores (At Upper Price Band), with shares to be listed on the BSE & NSE. The offer size is up to 1,12,47,000 Equity Shares with a face value of ₹10 each with a price band of ₹126 - ₹134 Per Share. Equity Share Allocation QIB Portion – Not more than 50.00% of the Offer Non-Institutional Investors - Not less than 15.00% of the Offer Retail Individual Investors - Not less than 35.00% of the Offer The net proceeds from the IPO will be utilized for funding capital expenditure by the company towards procurement of machinery and equipment for enhancement of operations at the Dewas Facility and transportation vehicles for movement of goods between the manufacturing facilities, investment in its subsidiary Adroit Driveshafts Private Limited for capital expenditure towards machinery and equipment at the Pithampur Facility and transportation vehicles for movement of goods between the manufacturing facilities, investment in the subsidiary for repayment or pre-payment, in full or in part, of certain outstanding borrowings availed by it, and general corporate purposes. The anchor bidding is on Tuesday, September 22, 2026. The offer will open on Wednesday, September 23, 2026 and will close on Friday, September 25, 2026. The Book Running Lead Manager to the Offer is Choice Capital Advisors Private Limited and the Registrar is Bigshare Services Private Limited. Mr. Saurabh Sangla, Chairman and Managing Director of Adroit Industries (India) Limited “expressed, The upcoming IPO marks a new phase for the Company. Over the years we have built vertically integrated capabilities spanning forging, precision machining, heat treatment, assembly, balancing and testing, and expanded our portfolio to over 5,000 SKUs of driveline components supplied to customers in more than 32 countries. Going forward, our focus will be on strengthening capacity across our manufacturing facilities, improving operational efficiency, deepening engagement with the Distributors, OEMs and Tier-1 customers across our export and domestic markets and broadening our automotive and non-automotive applications. The IPO will support our plans as we continue to strengthen the business and pursue long-term growth.” Mr. Ratiraj Tibrewal, Director of Choice Capital Advisors Private Limited said, “Adroit Industries (India) Limited has built an export-led driveline business over four decades, with vertically integrated manufacturing and a diversified customer base across automotive and non-automotive applications. The upcoming IPO marks an important step in the Company’s journey as it enters the public markets. We believe the Company’s integrated manufacturing capabilities, long-standing customer relationships and expanding product portfolio provide a foundation for its next phase of growth. We are pleased to be associated with Adroit Industries (India) Limited as it takes this step towards becoming a publicly listed company.” About Adroit Industries (India) Limited Adroit Industries (India) Limited is a vertically integrated manufacturer and supplier of propeller shafts – also known as drive shafts or cardan shafts – and related torque-transmission components. Its portfolio spans over 5,000 SKUs of driveline components, including propeller shaft assemblies, yokes, shafts, companion flanges, universal joints and accessories, supplied to automotive applications, largely commercial vehicles and SUVs, and to non-automotive applications spanning defence and emergency services, heavy equipment and off-highway machinery and industrial equipment. The Company operates three manufacturing facilities in Madhya Pradesh – Dewas Facility i.e for die making and forging processes, Pithampur Facility for machining and assembly, operated by its subsidiary Adroit Driveshafts Private Limited, and Sanwer Road Facility for certain finishing operations– with end-to-end in-house capabilities covering forging, precision machining, heat treatment, assembly, balancing and testing. The facility is certified under IATF 16949, ISO 9001, ISO 14001 and ISO 45001. With operations commencing in 1966, the Company has evolved into an export-led driveline components manufacturer, with 95.39% of Fiscal 2026 product sales derived from outside India across more than 32 countries, supported by a Canadian subsidiary for North American customer engagement, and serving 185 customers in Fiscal 2026 through distributors, Tier-1 driveline component suppliers and OEMs. In FY26, The Company achieved a Revenue from operations of ₹1,399.43 million, EBITDA of ₹387.10 million & PAT of ₹261.58 million. Disclaimer: Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

Adroit Industries (India) Limited IPO Opens on Wednesday, September 23, 2026 Total Offer Size- Up to 1,12,47, 000 Equity Shares of face valu...