Monday, March 4, 2019

Singaporean artists add colour to Delhi’s streets
Singapore Tourism Board organised a three-day experiential festival showcasing the works of Singaporean talents in the fields of art, music and food


New Delhi, March 1st, 2019: The Singapore Tourism Board (STB), in partnership with St+art India Foundation and Impressario Group, marked the second phase of its brand campaign ‘Passion Made Possible’ with a three-day experiential festival – Singapore Weekender.  The festival showcased the talents of a dozen Singaporean artists through a mix of art installations, wall murals, interactive workshops and live performances in New Delhi.

South Delhi neighbourhood Lodhi Colony saw a burst of colours as the artists transformed the walls into life-size murals and integrating Augmented Reality (AR) in art forms to create new dimensions. The Singaporean artists, Yip Yew Chong, Eugene Soh, Yok & Sheryo and Sam Lo incorporated their perspectives of the world in their artwork as they gave the Indian audience a glimpse into the Lion City’s arts and culture. Visitors to the ‘Singapore Weekender’ also had a chance to view ‘Atypical Singapore’, an art and AR technology showcase which is part of the STB’s ‘Passion Made Possible’ latest wave of global campaign, at Kona in Jor Bagh.
Singaporean installation artist, Tan Zi Xi won a lot of appreciation for her work, which was exhibited in two parts – a courtyard mural and an installation room. While the mural focused on a multi-dimensional perspective of pollution on earth, the installation looked at a dystopian world of mankind’s new living spaces in the following centuries. Sharing her experience of being a part of the festival, she said, “India is a country with so many cultures and stories. Being a part of the Singapore Weekender for the second time has been a phenomenal experience for me. I learn about the similarities both the countries have when it comes to a global issue like pollution and the problems faced by mankind. In 2017, when I came to India for the first edition of the festival, I created the Plastic Ocean to give the Indian audience a perspective of the growing issue of contamination in water bodies across the globe. My passion for the environment and the language of art helps me put across my perspective as an installation that would resonate the same.”
Tech Guru, Brandon Tay, had set up an interactive art installation using CGI called – Façade. It depicted a series of faces that changed basis the time of the day and the movement of people across the installation space.
Talking about their work, artists Yok & Sheryo said, “In this digital era, we barely understand how much is real and how much is created. We have built a dependency on social media and the digital framework of our gadgets and have lost ourselves in them. Our installation depicts this interdependent freedom that we have built for ourselves and talk about how this is a commonly shared problem across the world. Although we are heavily inspired by the South East Asian culture, we see a close similarity in Indian art. Singapore and India are not so different when it comes to the expression of their heritage and art and it is the inclusivity of a global perspective that makes this experience a lot more enjoyable.”
Atypical Singapore, a showcase commissioned by the STB put together a diverse array of interactive events and brought in a seamless blend of modern and traditional art by incorporating the use of augmented reality, moving images, illustrations and visual effects. This travelling showcase has been to Russia and Myanmar before arriving in India.
Reviving the art of creating Zines, were the dynamic duo Knuckles and Notch who collaborated with Bombay Underground and Delhi-based Working Hours Collective. While interacting with the audience and giving them a glimpse of their work during their workshop, they went on to talk about the importance of bringing Zines back into the literary art scene as a unique storytelling medium.
The Singapore Weekender also saw an exciting nightlife and entertainment evening, themed as ‘#PartyLikeInSg’, at Hauz Khas antiSocial. The evening featured an exclusive bar pop-up by popular Singaporean bar, Jigger & Pony where Jerrold Khoo, award-winning Singaporean mixologist, rustled up refreshing cocktails for the guests alongside Gresham Fernandes, Culinary Director of the Impresario group, who created mouth-watering Singapore-inspired tapas. Indian rapper Prabh Deepenthralled the crowd with his Punjabi-English hip-hop tracks. The party night was rounded off by the latest rapping sensation from Singapore, Yung Raja as he belted out his Tamil-English rap-hits on stage to a crowd of dancing party-goers.

Speaking about the second edition of the Singapore Weekender, Mr. GB Srithar, Regional Director- South Asia, Middle East & Africa (SAMEA), STB, said, “The Singapore Weekender was a celebration of the passions of Singaporean artists and brought to the Indian audiences a different side of the city. We were happy to partner St+art India Foundation and Impressario Group for the second time and put together a multi-track programme, as part of their Art Festival, reaching out to the passion tribes of Socialisers and Culture Shapers. The Singaporean artists enjoyed themselves displaying their artworks, installations and music and interacting with appreciative and highly enthusiastic visitors to the Festival. The art murals at Lodhi Colony will continue to enthral visitors and add to the artistic colours and vibrancy of the place.” 
While the Singapore Weekender (15 – 17 February 2019) has concluded, the Lodhi Art Festival, including works by the Singaporean artists, continues with curated tours at Lodhi Art District and immersive walkthrough multimedia experience at Kona in Jor Bagh. Art enthusiasts can view and experience the artworks of the Singaporean artists at Lodhi Colony (Between blocks 13 and 16) and Kona, Jor Bagh before 10 March 2019.





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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...