Friday, March 29, 2019

RANVEER LAUNCHES INDIA’S MOST CUTTING-EDGE LABEL INCINK WITH MUSIC EVANGELIST NAVZAR ERANEE TO DISCOVER, NURTURE AND PROMOTE EXCITING NEW TALENTS

Mumbai, 29th March, 2019: In what can be called a truly historic day in the music industry of India, actor superstar Ranveer Singh and filmmaker and music evangelist Navzar Eranee have teamed up to launch their passion project, an independent music record label called IncInk. The label will look to unearth the future superstars of the music scene in India and present their raw talent to a global audience.

“We are first starting with launching some really raw, immensely talented, new rap and hip-hop artists who we believe will be the next superstars of the scene. Rap and hip-hop are the biggest thing happening in Indian music today. This poetry is speaking of a revolution, it is speaking of how India is protesting against class structures, injustice, and social atrocities. It is the voice of India, from the streets of India that you just can’t ignore anymore. Hindustani rap/hip hop is telling our nation’s story and reality and we at Inc Ink want to bring out the real poets of our generation. Inc Ink literally means writing your own story and I’m inspired and thrilled to be starting this passion project that aims to affect social change. I hope that we can present some of the strongest, boldest voices of Indian youth to the world,” said Ranveer, who turns a global entrepreneur with his music venture.

He added, “The first 3 exceptional talents being launched are Kaam Bhari, SlowCheeta and Spitfire and I’m a huge fan of their music. We intend to sign and promote several more artists, who are exploring various genres of music, in the days to come and showcase their beautiful music to India and the world. As an outsider in Bollywood, I have always wanted to do my bit to bring out and support the outstanding talent that we have in every street of our country. So, when Navzar and I came up with the idea of IncInk, it appealed to my core, my heart. Inc Ink is my passion and I intend to use this platform to give as many artists, from across the country, a chance to dazzle India with their talent.”

Ranveer’s partner and co-collaborator in IncInk is Navzar Eranee, a filmmaker and music lover aiming to nurture, launch and build artistes in India. He too turns an entrepreneur with this company that will give contemporary poets of our generation suitable exposure and reach amongst people.

Co-founder Navzar Eranee said, “Art can comfort the disturbed and disturb the comfortable. Music has always inspired me to think and act beyond my perceived limitations. As an artist bubbling with a point of view, I grew tired of safe conversations and diplomacy driven by economic interests. I want to connect with people. These connections via truth and authentic expression, though not always agreeable, create a more inclusive conversation. This insight drove Ranveer and I to push our own boundaries and form IncInk. Anushka Manchanda a.k.a. Nuka & Shikhar Manchanda a.k.a. RĀKHIS came on board as our Head of Music, because we all agreed on the absolute core of what we envision for IncInk. Where artists can collaborate and express with real freedom. In my view, the haves and the have nots must engage on common ground - through art and music. This is where all collisions, disagreements and agreements must occur. To cause this change we must stir the nest, with our thoughts, our deeds and our words.”

About the decision to start their independent label by launching rap and hip-hop artists, Navzar added, “Rap allows for a bold and direct approach. We can speak our truths, learn, educate and maybe even inspire somebody outside of ourselves. Oppression must be faced with bravery and creativity. We often face injustice every day. By bringing these subjects to light through art, we can recognise them and take action. Rap lends truth to the idea that art is mightier than the sword.”


Today, IncInk released their first single, titled Zeher written and performed by Kaam Bhaari, produced by Shikhar Yuvraj Manchanda (a.k.a. RĀKHIS). Zeher is a hard-hitting song that challenges the prevalent conforms of the Indian music industry boldly and unapologetically.



Check out the song here: http://bit.ly/ZeherByKaamBhaari 



About IncInk

IncInk is an independent music company formed by artists, for art. ‘Inc’ stands for Inclusive, and ‘Ink’ for Inkalab, revolution through art. ‘IncInk’ is Inclusive Ink and an Inclusive revolution.

seeks out musicians, poets, painters, and film makers. Their aim is to create an infrastructure where artists from different mediums can collaborate without restrictions. By being inclusive, IncInk will create authentic music, art and film which will provide a voice and a platform for artists. In essence, IncInk is an end to end solution for artistic freedom.





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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...