Saturday, September 14, 2019

Bollywood actress Aditi Rao Hydari turns showstopper for Linen Club

Bollywood actress Aditi Rao Hydari turns showstopper for Linen Club

Bollywood actress Aditi Rao Hydari turns showstopper for Linen Club

                                 LINEN CLUB – The Largest Linen Fabric Brand now open at Khan Market
13th Sept 2019: “LINEN CLUB”- The premium linen fabric brand from the Aditya Birla Group launched its exclusive store in Khan Market, Delhi today. A pioneer in the industry, Linen Club is India’s largest linen fabric brand and is synonymous with the finest quality linen. This is the 195th Linen Club store in India and the 5th in Delhi NCR.


While launching the Store, Mr. Satyaki Ghosh – CEO, Domestic Textiles & Thai Acrylic Fibre said “We are delighted to launch our exclusive brand store at Khan Market, Delhi. This store is our 5th Exclusive Brand Outlet in Delhi NCR region. Linen is a natural and light fabric is best suited for Delhi’s climate and we have received great response from linen lovers in our existing stores. All our fabrics are made from raw material sourced from France and Belgium and processed at our state of art facilities to ensure the highest quality standards. We are absolutely positive that the style connoisseurs of the city will welcome this latest store.”

Mr. Jasvinder Kataria – Senior Vice President, Linen Business, Jayashree Textiles said, “With this premium store, our goal is to create a rich consumer experience and ensure that linen lovers experience the largest variety of linen fabrics & products in an intimate environment. The distinctive floor plan creates a matchless experience for the retail category in general, and particularly for Linen Club.”
Known as a style icon, Bollywood Actress Aditi Rao Hydari who inaugurated the store seemed elated while adorning a Linen Club saree. She said “I am very happy to partner with Linen Club for the launch of their latest store in Delhi. I love the beautiful designs from the Linen Club which are both glamorous and really comfortable.”


The inauguration of the Linen Club Store was followed by a scintillating fashion show where the brand showcased its complete range including Formal Wear, Casual Wear and Ethnic Collection to all special guests and brand retailers.  The collection stood testimony to the fact that Linen can be a person’s best choice for any occasion.
The new store in Khan Market, Delhi showcases a wide range of pure linen and linen blends, printed and embroidered linen fabrics for men and women. Further, ready to wear shirts and trousers, as also accessories such as stoles, ties, belts, and handkerchiefs, are also available. The store also offers beautiful linen sarees. 

The store is located at 56-B, Ground Floor, Khan Market, New Delhi; Ph: 011-45548199
About Linen Club:
The brand Linen Club is promoted by Aditya Birla Group. Linen Club has been the pioneer brand for linen fabrics in India with over 5 decades of experience. Today, with a presence in ~195  exclusive brand outlets and over 6000+ multi-brand outlets, Linen Club boasts of having the world’s largest retail chain in Linen. An accomplished in-house design team including internationally acclaimed Italian designers produce close to 1500 new fabric designs every month, which are retailed across India. The fabric range includes 10 to 120 lea superfine fabrics. All these have enriched the design value and have made Linen Club fabric the preferred choice of connoisseurs worldwide.
Jayashree Textiles (Linen Club) was the first company to be authorized by CELC (European Confederation of Flax and Hemp) for using “European Flax” to communicate the genuine of pure European Linen and it is also a “Corresponding Member” of CELC. 
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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...