Thursday, December 5, 2019

Haresh Vyas’s dream project “Rizwan” took its first step towards release.Trailer & Music Launch concluded successfully amongst stars, glitz, and glamour
Mumbai: The much-awaited movie “Rizwan”, produced and directed by Haresh Vyas and inspired by a true story took its first step towards release. Trailer and music launch concluded successfully amongst the cast and crew of the film with some other eminent guests.
                The movie which is already generating interest amongst its viewers because of its storyline which is inspired by a true story is expected to be a milestone in the genre of meaningful cinema. The movie is Directed by Haresh Vyas and written by Dr. Sharad Thakar. Features Vikram Mehta, Keyuri Shah, Bhargav Thaker, Jalpa Bhatt, Gaurav Chansori,  Digisha Gajjar, Sonu Mishra, Sagar Masrani, Hitesh Raval, Chirag Katrecha.
                The event also marked the music launch of the movie and the audience can now experience the magical and musical experience. The movie has songs like “Sukar hai Vyadhi Nathi” which has music by Sohail Sen Lyrics by Anil Chavda, Bhavesh Bhatt, and Altamash Faridi has rendered his soulful voice to the song.
                Another musical treat in “Rizwan” is the song “Aao sabko Shikhlaye” which has music: by  Sohail Sen, Lyrics are by Anil Chavda and Bhavesh Bhatt. Not to forget the song is sung by Mr. Udit Narayan Ji & is very special to all.
Not only Hindi but Rizwan also boasts of a Portugese song “Kanimmambo”, where Mr. Haresh Vyas himself took the job of writing lyrics in his own hand along with Ms. Nilza. , the music is by Francisco Fortuna and the Singer for the same is Marione.
Mr. Haresh Vyas who is donning many feathers in his hat in the movie when asked about his experience said “It always gives immense pride and happiness when you can see your hard work on the silver screen ‘Rizwan’ was a dream project and the only thing I had in mind was to justify it to the fullest. Whenever a movie’s subject line is based on a real story, the task gets tougher and it’s a challenge to recreate someone’s journey in a manner that keeps even the facts intact and at the same time entertains the audience. The cast and crew totally supported the view & the subject and together we all have created something that we wish will be liked by the audience as much as it is liked and loved by us.”
                Mr. Rizwan Adatia a successful entrepreneur and a diligent philanthropist has made India and Indians proud is the real-life inspiration behind the movie, he was also present at the event and said, “It gives me immense pride that my journey could inspire someone and the audience can see the same on the silver screen. I am a small-town boy with big dreams. But the journey to achieve those dreams was not easy the path was full of various obstacles. But I knew one fact for sure that giving up was never an option and thus my journey continued despite all obstacles and today I’m happy to see my journey in the form of cinema.”
Vikram Mehta who is portraying the character of Mr. Adatia in the movie, exclaimed happily, “It gives me immense pride that I was chosen to play a living legend like Mr. Rizwan Adatia on screen. Mr. Haresh Vyas had the parameters required to play the character in his mind and clearing the audition was not an easy task. The role needed lots of research and I even met Mr. Adatia to understand more about him. Now it's in the audience’s hand to judge how much my hard work succeeded”



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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...