Monday, January 27, 2020

Ritu Phogat aims to continue winning streak at ONE 

Championship

Largest global sports media property in Asian history, ONE Championship (ONE) returns to the Singapore Indoor Stadium on Friday, 28 February

Mumbai, January 21: Indian wrestling sensation Ritu Phogat goes for her second win in a row in her budding mixed martial arts career when she locks horns with China’s Pro MMA fighter Wu Chiao Chen at ONE: KING OF THE JUNGLE as the largest global sports media property in Asian history, ONE Championship (ONE) returns to the Singapore Indoor Stadium on Friday, 28 February. Phogat, who belongs to India’s most famous wrestling family, sizzled in her debut late last year when she beat Nam Hee Kim in the first round by technical knockout. 
The 25-year-old will need to be at the top of her game against Wu, who is looking to make an impact in her debut.
“It was quite challenging to leave wrestling and join another sport but the win has increased my confidence. The ambiance at ONE Championship has been amazing and I am overwhelmed by the love and support I have received so far from fans and from my teammates here in Singapore. I am looking forward to getting a win again,” said Phogat.
Other than Phogat, there will be 11 other bouts. In the main event, ONE World Champion Stamp Fairtex of Thailand is scheduled to defend her ONE Atomweight Kickboxing World Title against Janet “J.T.” Todd of the United States. The two were involved in an epic battle at the inaugural ONE Atomweight Muay Thai World Championship battle in early 2019 and would reprise their sizzling rivalry with the ONE Atomweight Kickboxing World Championship on the line.
In the co-main event of the evening, reigning ONE Strawweight Kickboxing World Champion Sam-A Gaiyanghadao of Thailand will take on the WPMF Bantamweight World Champion, Rocky Ogden of Australia for the ONE Strawweight Muay Thai World Title. In a lightweight contest, former ONE World Title challenger Amir Khan of Singapore will take on ONE Warrior Series contract winner Kimihiro Eto of Japan. Veteran Yoshihiro “Sexyama” Akiyama of Japan and Korea returns to action against Sherif “The Shark” Mohamed of Egypt in a welterweight mixed martial arts contest.
Top women’s atom weight and former ONE World Title challenger Mei “V.V” Yamaguchi of Japan continues her march to the top of the weight class, this time by facing formidable Chinese adversary, Meng Bo. Unbeaten American bantamweight contender Troy Worthe will take on New Zealand’s Mark Fairtex Abelardo, a ONE Warrior Series contract winner.
Former ONE Featherweight World Champion Honorio “The Rock” Banario of the Philippines battles Thai superstar Shannon “OneShin” Wiratchai in a featherweight contest. Fan-favorite and former ONE World Title challenger Tiffany “No Chill” Teo of Singapore makes her highly-anticipated return to action against dangerous grappler Ayaka Miura of Japan.
In a ONE Super Series kickboxing contest, WFKO Kyokushin Karate World Champion Hiroki Akimoto of Japan faces OneSongchai R1 Champion Azwan Che Wil of Malaysia.
Lastly, ONE Strawweight Indonesian Tournament Champion Adrian “The Papua Badboy” Mattheis of Indonesia aims to bounce back from a tough loss to countryman Stefer Rahardian by claiming victory over CMPC 2015 Fighter Of The Year, “Wolf of the Grasslands” Hexigetu. Local hero Redeem Rahman, the first Singaporean martial artist in ONE Championship, goes head-to-head with Canada’s Jeff Chan.
About ONE Championship™:
ONE Championship (ONE) is the largest global sports media property in Asian history. Headquartered in Singapore, ONE is the world's largest martial arts organization, hosting bouts across all styles of martial arts such as Muay Thai, Kickboxing, Karate, Kung Fu, Silat, Sanda, Lethwei, Mixed Martial Arts, Tae Kwon Do, Submission Grappling, and more. ONE host the biggest sports entertainment events across Asia, featuring some of the world's best martial artists and world champions on the largest global media broadcast in Asia. ONE Esports, a subsidiary of ONE Championship, runs Asia's largest global esports Championship Series with some of the biggest blockbuster game titles in the world. With a focus on both martial arts and esports, ONE Championship is currently the largest producer of millennial live sports content in Asia. In addition to its digital platforms, ONE Championship broadcasts to over 2.6 billion potential viewers across 140+ countries with some of the largest global free-to-air and digital broadcasters, including Star Sports, Tencent, ABS-CBN, Astro, ClaroSports, Startimes, Fox Sports, Thairath TV, Turner Sports, Skynet, Mediacorp, Great Sports, Mediaset Italia, ProSiebenSat.1, Dubai Sports, and more.








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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...