Monday, January 16, 2017

200 Volini recovery experts help over 13000 runners recoup at the Standard Chartered Mumbai Marathon 2017

                                                     
The Standard Chartered Mumbai Marathon continues to rise to prominence as one of the largest marathons in the country with its 14th edition.  As runners crossed the finish line, many headed towards the ‘Volini Recovery Zone’. After two successful years of partnership, this is the third year running for Volini’s association with the Standard Chartered Mumbai Marathon. Continuing with the recent successful stint of brand’s recovery zone at Airtel Delhi Half Marathon’16, The Wipro Chennai Marathon ’16 and the Tata Steel 25k Marathon ’16, the Volini Recovery Zone received an overwhelming response at SCMM’17. This year over 13000 runners recovered at the Volini Recovery Zone.

The Recovery Zone, spanning across 12000 sq. ft area had more than 200 recovery experts including Sports Scientists, Injury Management specialists, Doctors and physiotherapists facilitating instant pain relief and tending to tired muscles. Over 1200 runners also received personalized recovery treatment and services like cold towel, ice packs, etc. at the ‘Volini Members Lounge’ which covered 1800 sq.ft. area of the zone.

Commenting on Volini’s association with Standard Chartered Mumbai Marathon, Subodh Marwah, Vice President & Head – Consumer Healthcare, Sun Pharmaceuticals Ltd., said, “At Volini, we feel very privileged to have the opportunity to be the recovery partner of the Standard Chartered Mumbai Marathon. This is the third season of the brand’s continued association with the SCMM and we are extremely happy to share that we helped over13000 runners today recover post the marathon at the ‘Volini Recovery Zone’. As a brand we encourage a more active lifestyle and with the launch of ‘The Recovery Program’ we are working towards enabling runners to run that extra mile. We look forward to continuing our association with SCMM and equip race participants with recovery tips

During the run up to the Marathon, Ultra Marathoner and Volini Expert Kieren Dsouza also interacted with race participants and shared personalized recovery tips.

The brand will continue to create awareness about the importance of recovery through the ‘Volini Recovery Program’.  All the registered runners & sports enthusiasts enrolled for Volini Recovery Program at www.volini.com/recoveryprogram will receive recovery tips regularly and will avail the opportunity of exclusively interacting with experts.

Volini Pain Relief is a modern day pain reliever scientifically formulated for effective pain relief. It is the No. 1 doctor recommended and used pain reliever that is available in two formats – Gel & Spray. It can be used for joint, back, neck & shoulder pains, sprains and strains. Committed towards providing instant and long lasting relief, the brand enables people to maximize life, performance and success wherever they are and whenever they need it.

Displaying Volini Recovery Zone (1) at SCMM '17.jpgDisplaying Volini Recovery Zone at SCMM '17.jpg

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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...