Thursday, August 30, 2018



RAGC celebrates“MSBVEE Convocation 2018in the presence of corporate stalwarts.

Mumbai:

RAGC setting real examples pan India of Students who deliberated vocational education and skill development courses through them. RAGC aims to provide vocational training to deserving students from the lower economic strata of the society equipping them with skills that will not only lead them down a satisfying career path, but will help them become a valued and needed member of any Trade.

Convocation 2018 is arranged in order to felicitate the MSBVEE Diploma students of batch 2016-18, 213 who have passed with flying colours. RAGC has successfully enabled employment opportunity for more than 25,000+ young men and women by developing skills in the areas of:
v Hospitality & Health Care

v   Automobile Technology

v   Business-HR & Management

v   Civil Construction

v   Electrical

RAGC provides following trades in MSBVEE Diploma (2 year course ) -
v Hospitality –

·        To introduce students to hotel industry and give them knowledge of various hotel operations needed for a professional career and train them to eventually take up responsibility as middle managers in the due course of

time.
v  Automobile –

·        The opportunities for students is to understand the constructional features and functions of internal combustion engine, learn about various hand

tools, gauges, instruments and special equipment, understand constructional features and functions of fuel injection pump and feed pump, learn the properties and use of lubricating oil and maintenance schedule, two strokes and four stroke engine, working of typical fuel system, prepare estimate for repairs.
v   Construction –

·        The opportunities for students is to gain knowledge about Building Construction, To prepare estimates, To undertake Building Supervision Work, To understand Building Drawings and to prepare the drawings on

v Electrical-

·        The opportunities for students is to Develop professional competence in the field of electrical engineering, train the students to acquire skills and mastery in the use of electric circuits, learn about Various hand tools, gauges instruments, and special types of equipment, train the students to repair or rewind and different electrical equipment, prepare competent electrical technicians for the smallscale industry.

Garnering the occasion with his esteemed presence to Encourage students country business head M V Agusta Motorcycles, Mr. Yogesh S Mangaonkar said, "Education is the passport to the future, for tomorrow belongs to those who prepare for it today". Ragc is playing a key role for this inspiring bright students by making them Industry ready. I am very much honoured to Visit this convocation ceremony and these students are the future manager of the Industry.”

Cheerfully L & T Realty Head - MEP Mr.Aniruddh Bapat said, “Obedience is the mother of success and is wedded to safety.” Safety should be foremost in whichever industry you are and whatever you do in your career. There has been rapid development in the field of Construction and Electrical Industries thus there are growth in Employments too in coming years.


Mr. Kevin John– General Manager, Rustomjee Academy for Global Careers (RAGC) “The country's young population could do wonders if trained well in various works and trades available in the world. Education is the best tool to drive India towards progress. RAGC aims at contributing in their own unique

way towards driving India towards development. Congratulations to the aspiring students of tomorrow, added Mr. Kevin.

Knowledge is power and vocational training a vital tool to helping you gain that practical knowledge.

RAGC believes in providing skill training which help youth providing a sense of identity and confidence which lead them go beyond professional recognition. RAGC are helping students those who are unskilled and underprivileged to chase their dreams as through these training students not only contribute to the industry but they also get paid for what they are learning. There are many success stories through these skill trainings who have built the impact for their future goals.

About us:Rustomjee Academy for Global Careers (RAGC)

Founded by Mr. Boman R. Irani in the year 1996, Rustomjee has heralded the rise of eco-friendly construction and outstanding designs. Over the years, Rustomjee has set several milestones and has earned an unmatched reputation.

RAGC was established in 2008 as a Vocational education and training division of Rustomjee Group. Since its inception, RAGC has successfully trained over 25,000students. The Vocational institute as launched with the objective of making India the capital of skilled manpower by making vocational education as a prime choice in a student’s career. We have been awarded A+ Grade by the Government of Maharashtra and obtained the title of the Best Vocational Training Provider by the UK India British Council & FICCI. Also, we were one of the finalists in the Times of India Social Impact Awards 2011. In 2018, our student won 9 medals (4 gold and 5 silver) out of 14 medals at Maharashtra Skill Competition.






















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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...