Wednesday, January 8, 2020

The Fourth Edition of Godrej L'Affaire is all set to take place in Mumbai in February 2020
The Fourth Edition of Godrej L'Affaire is all set to take place in February 2020
07th January 2020, Mumbai: Godrej L’Affaire, a curated experiential luxury lifestyle platform by the Godrej Group is back with its much-awaited fourth edition. With the theme of ‘Aarambh’ or New Beginnings, L’Affaire is all set to take place in Mumbai on Saturday, February 22, 2020. Through ‘Aarambh’, Godrej L’Affaire aims to bring forth India’s unparalleled bequest and affluent culture that will inspire future lifestyle experiences.
Conceptualized as a one-day soirée, Godrej L’Affaire will showcase a mix of ideas and concepts around food, travel, fashion, art, music, and design. Masterclasses, engaging conversations, fashion shows, musical performances, and an immersive experience with lifestyle brands is what Godrej L’Affaire will deliver in its fourth year. Keeping the environment at the heart of its activities, Godrej L’Affaire will prioritize sustainable and eco-friendly practices.
Speaking about the theme of Godrej L’Affaire, Sujit Patil, VP & Head of Corporate Brand & Communications, Godrej Group, said, “Godrej L’Affaire promises to capture rich experiences of a progressive lifestyle aspired by today’s urbanites across age groups.  We are curating the upcoming edition around the theme of ‘Aarambh’ to signify how India’s rich culture can be adapted in the pursuit of modern-day living. Over the years, Godrej L’Affaire has established itself as a premium platform in the space of luxury and lifestyle. The fourth edition, too, will redefine lifestyle trends of tomorrow that patrons could follow.”
Vikhroli has always been at the heart of the Godrej Group's history. Thus, the fourth edition of Godrej L’Affaire will be held at The Trees, Vikhroli – a space that redefines luxury living and lifestyle. This flagship project by the Godrej Group is beautifully set amidst a fine blend of green and a thriving urban metropolis. Vikhroli offers a natural oasis that testifies that urban life and natural beauty can co-exist in perfect harmony, making it a perfect setting for Godrej L’Affaire 2020!
The third edition of Godrej L’Affaire, which took place in February, 2019, was a tremendous success, attended by over 700 people. Among the speakers, participants and presenters were renowned fashion designer-film director Vikram Phadnis; Masterchef Sarah Todd; celebrity chef Saransh Goila, author Kiran Manral, ace photographer Jatin Kampani, Joseph Radhik and Joshua Kartik; actor & model Shibani Dandekar; top models Carol Gracias & Aanchal Kumar, renowned mixologist Dimi Lezinska; and radio host and producer Hrishikesh Kannan to name a few.
The exciting line-up for the upcoming edition of Godrej L’Affaire will be announced mid-January. Embarking on a memorable journey once again, Godrej L’Affaire will offer people a chance to be part of a grand celebration of food, travel, art, design, fashion and music. Thus, showcasing ‘The Future of Lifestyle’!


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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...