Thursday, December 6, 2018

DBS Business Center at Kanakia Wall Street Andheri, celebrates its first anniversary
Mumbai, December 5th, 2018 : DBS Business Centers have been the pioneer in the field of Business Centers since the 1980s when  the legendary Mr. Shyamsundar Aggarwal introduced the concept in India. DBS Business Centers is present in 9 locations pan India and the count is increasing at a rapid pace.
The name DBS Business Centers stands synonymous to customer satisfaction, professional environment and the service that guarantees hundred percent confidentiality and promptness.
DBS Business Centers has a sprawling space in the Kanakia Wall Street Andheri East. And today when the directors Ms. Vanita Bhandari and Mr. Aditya Bhandari invited their clients to join the first anniversary celebration of this business center they were overwhelmed with the love that their clients showered on them.
Commenting on the anniversary of the Business Centers in Kanakia Wall Street ,
Ms. Vanita Bhandari - Director DBS Business Centers, said, “Today our aim is not to celebrate the anniversary of this space, rather we are here to thank our clients who have been showing their faith in our services and have been associated with us for this one year. She also said how the brand is planning to spread its wings to Ahmedabad and Pune and other tier II cities of India.”
Mr. Aditya Bhandari – Director, DBS Business Centers,  whose young ideas are giving new directions and growth to the brand is actively involved in all the aspects and when asked about the anniversary celebration he said “Our Andheri DBS  Business Center proves to be a strategic location in terms of both accessibility and growth. The place currently, has a list of different names from medium enterprises, startups and International brands who are trying to set their foot in India. The reason behind choosing Kanakia Wall Street, Andheri was keeping in mind the current market trend and demand and we are proud of the fact that our current list of satisfied clients stands testimony to the success of the step taken”

About DBS Business Center
DBS (originally Diners Business Services) offers modern office spaces for different categories of clients—from MNCs to small, medium and large enterprises, entrepreneurs, freelancers and consultants, and start-ups. Office spaces can be customized as per specific requirements. The entire management and running of the office is undertaken by DBS. The company has plans to expand its network of business centers to meet the growing demand for quality office space across the country.
It was the early 1980s. The Indian economy was growing and there was a need for office space for business people on the move. This was when DBS pioneered the concept of an ‘instant office’ where you could just walk in and get down to business with all the facilities you needed available at the press of a button. The entire infrastructure and management of the office was undertaken by DBS leaving the client free to concentrate on business growth. "You run your business while we run your office," was the motto.
The idea took root and the first business center at Nariman Point, Mumbai, spawned a network of business centers in India each of which bears the DBS hallmark of quality and the personal touch.
DBS continues with its commitment to provide the best locations, facilities, technology and people crucial to making a business successful. DBS considers itself a partner in its clients’ business growth. Many success stories have had their start in a DBS business center.










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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...