Monday, October 8, 2018

2 Indian Women to conquer South Pole with Polar Maidens .

It is ten years since Janice Meek, the Polar Racer, Ocean Rower and Europe’s only holder of four Guinness World Records, completed her trek to geographic North Pole by playing cricket at minus 28 degree with members of an Indian Navy expedition. In December this year, she will be leading an all-women expedition to the South Pole.
For this adventure, Janice Meek has put together a team of ‘ordinary women’ whose ages cover five decades from 24 to 74. “We are not soldiers, professional athletes or celebrities”, says Janice. “We have come together to do something less ordinary and demonstrate how far women have come since Scott’s 1912 expedition when the idea of women contemplating the trek would have been unheard of.”

At 24, Tanvi Buch from Mumbai, studying Natural Resources Conservation at the University of British Columbia, is the youngest, Madhabilata Mitra, the Kolkata supermodel and entrepreneur behind Travelmate Escapades,; breast cancer survivor Caroline Geraerts from the UK, marketing director , Aileen Crean from Kerry in Ireland – restaurateur and grand-daughter of Tom Crean - the Irish hero of the Scott and Shackleton Antarctic expeditions. These intrepid adventurers join Janice Meek, the oldest at 74, in this unique venture, a trek at temperatures that could reach minus 40 degree across the Antarctic’s unforgiving ice and snow in chilling, gusting winds.

“We were thrilled that in his State of the Nation address, our Prime Minister, Shri Narendra Modi mentioned our Polar Maidens expedition as an example of Indian enterprise”, says Tanvi.  “We are now part of the ‘Living Bridge’ the India – UK initiative to promote closer trade, investment and cultural relations between our two great countries”, echoed Madhabilata.

The Polar-Maidens expedition will raise funds for the INSPIRATIONALLE Foundation (UK) which aims to support women of all ages wanting to do something extra–ordinary .

With a 50 year age range across the team monitoring the physical and mental impact of 12 hour days skiing and trekking in extreme conditions of cold with altitude for up to 20 days before reaching the Pole is important. How does a 73 year old deal with conditions compared to a 23 year old, how will a breast cancer survivor in her fifties react, or a 30 year old who regularly tackles the Himalayas compare with the recovery rates of Tom Crean’s grand-daughter.

Paul Carter, Deputy Head of Mission, British Deputy High Commission, Mumbai, said: “I’ve met the global team including Madhabilata, Tanvi and expedition leader Janice, and it is truly remarkable to see this Living Bridge of people from the UK and India, brought together for their shared love for adventure. I’m delighted to see and support this spirit of collaboration.”
Rajiv Dalal- Inspirationalle UK Director, Regional Director South East Asia & India instrumental behind polar maidens India team also came to talk about this expedition.














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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...