Tuesday, January 28, 2020

Launching ‘SHOUT’ – a voice-triggered complete safety feature by VAOO

KAPIL DEV & ASHA DEVI (NIRBHAYA'S MOTHER) TEAM UP AND SUPPORT VAAO APPLICATION'S 'INITIATIVE TO ENSURE A DRASTIC DROP IN THE CRIME RATE AGAINST WOMEN’.

Post the launch of the sensational VAOO app - taking the online cabs and digital ads a notch higher, Abhineet Pathak (CEO, VAOO) along with Kapil Dev (Brand Ambassador, VAOO) & Asha Devi (brave Nirbhaya's mother) will be launching a brand new feature ‘SHOUT’.

SHOUT 
is an in-app feature of the VAOO app. It enables users to ask for professional help in an apprehensive situation or an ambush immediately. All one has to do is to SHOUT (loud enough to be detected by the cell-phone) to trigger the rescue response. This is a voluntary service from VAOO.

The Inconvenient Truth
1. Presently no applications or services are quipped in tackling crimes in real-time.
2. Most people involved in the crime against women are repeat offenders & fearless from the system. This is mainly due to the fact that 95% of the cases are not reported.
3. Victims are reluctant to approach the legal/enforcement authorities for embarrassment or harassment.
4. Most instances of minor eve-teasing go un-reported encouraging perpetrators to engage in heinous crimes.

With SHOUT, VAOO takes control and initiative on each case. With a dedicated control room & team with a network of 20k+ cabs, VAOO ensures each case is reported & VAOO team tracks and rescues each victim.

The steps are as below:
ACTIVATE- Shout | Alarm| Notify. Users may ask for help from VAOO just by shouting. One may also ring a siren or notify silently by tapping on the SOS button.

ACTION- Track | Co-ordinate| Rescue. VAOO notifies and co-ordinates with the authorities & the user's family/friends. VAOO ensures the rescue of the victim by sending all the nearest VAOO cab(s) to the user's location.

ASSURE- Drop off | Confirm| Report. Once the user is rescued, VAOO cabs give him/her a ride home/hospital. All the data of the incidents under VAOO is available for the user.

‘SHOUT’ lists the reason why the feature is the safest for women under dangerous & non-conducive circumstances:

1. Our 20k strong cab network across Mumbai is tactically leveraged
2. Each case is reported. This will generate the fear of getting caught
3. Revealing the identity of the 'user' is subject to his/her discretion
4. The equipment (a cell-phone) and activity (to shout) to raise an alarm is accessible and pragmatic for everyone
5. One can avail of this feature even if they are in VAOO cabs or using VAOO services
6. All the pieces of evidence/recordings under VAOO will be freely available to the police/victim for reporting/proving the crime
7. The rescue action is immediate, effective and coordinated by a specially trained operators
8.  It's a voluntary service from VAOO Cabs.

Once the user is rescued, VAOO cab gives him/her a ride home/hospital. All the data of the incident under VAOO is available for the user's perusal.

Elaborating about the mission & vision of the feature, Abhineet Pathak, CEO of VAOO said "Safety of Women has become a major issue in India now. When the crime rates against women in the country are on a rise, most of the applications or services available in India are primarily focused on women or precautions to be taken by women. VAOO is taking a different and more effective take by focusing to generate fear in the criminal's minds by reporting each case with our slogan "AB DARNE KI BARI HAI UNKI". With each case reported to authorities, criminals will think twice before committing any such crime. We want to give power to women to be fearless. SHOUT is our honest effort to eradicate atrocities against women".









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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...