Friday, December 11, 2020

 Arjun Deshpande’s Start-up Company “Generic Aadhaar” inaugurates its First Franchise Outlet in Bhandup Mumbai

Bhandup, Mumbai – 10 December 2020: Generic Aadhar, a pharma start-up founded by a 16-year-old lad, Arjun Deshpande is aggressively working in ensuring the availability of quality medicines to become accessible across the country. With this vision, Generic Aadhar inaugurated its first exclusive outlet in Bhandup and plans to launch in other stores in Mumbai by next year.

Generic Aadhaar Startup Venture has also been supported by Honourable Ratan Tata Sir who is the great inspiration for Millions.

 Mr Arjun Deshpande, Founder, Generic Aadhaar Said, "It motivates us to keep the promise we set during the pre-COVID-19 era of aiming to open up stores in 100 cities by December 2020, which we have already crossed. Our main objective is to make medicine accessible in each part of the country without compromising on the quality. We are also following the vision of our honorable Prime Minister, Narendra Modi Ji's 'VOCAL FOR LOCAL' and sourcing generic medicines through Generic Aadhaar Medical stores across India.

 

About Generic Aadhar

Generic Aadhaar is a registered trademark of Swasthya Life science Pvt Ltd. As per statistics, about 60% of Indians cannot afford to buy their daily medicines, gauging the market requirements, a 16-year-old, Mr. Arjun Deshpande set his eyes on the pharma industry with the sole mission of making medicines available to every Indian. Mr. Arjun Deshpande is India's youngest entrepreneur founded the innovative venture, Generic Aadhaar. After the business buzz about him, the great business entrepreneur Ratan Tata got impressed and joined hands with him to support his vision by unique Pharma Business for better Healthcare in India.

 Hindi Release:     

अर्जुन देशपांडे के स्टार्टअप कंपनी जेनेरिक आधार” ने भांडुप में अपने पहले आउटलेट का उद्घाटन किया !

 

भांडुपमुंबई – १०, दिसंबर २0२0:  जेनेरिक आधारएक फार्मा स्टार्ट-अपजिसकी स्थापना १६ साल के नौजवान अर्जुन देशपांडे ने २ साल पहले की थी, वह आक्रामक तरीके से देश भर में सुलभ बनने के लिए गुणवत्तापूर्ण दवाओं की उपलब्धता सुनिश्चित करने के लिए काम कर रहा है। इसी दृष्टिकोण के साथ जेनेरिक आधार ने भांडुप में अपने पहले आउटलेट का उद्घाटन किया और अगले वर्ष तक मुंबई के अन्य शहरों में स्टोर लॉन्च करने की योजना बनाई है।

 

जेनेरिक आधार स्टार्टअप वेंचर को रतन टाटा का भी समर्थन प्राप्त है, जो लाखों लोगों के लिए प्रेरणा हैं।

इस मौक़े पर अर्जुन देशपांडेसंस्थापकजेनेरिक आधार, ने कहा“यह हमें दिसंबर २0२तक १00 शहरों में स्टोर खोलने के उद्देश्य के कोविड-१९ से पूर्व के दौरान हमारे द्वारा किए गए वादे को निभाने के लिए प्रेरित करता हैजिसे हमने पहले ही पार कर लिया है। हमारा मुख्य उद्देश्य है गुणवत्ता के साथ समझौता किए बिना देश के प्रत्येक हिस्से में दवा को सुलभ बनाना।हम अपने माननीय प्रधान मंत्रीनरेंद्र मोदी जी के ‘वोकल फॉर लोकल’ और सोर्सिंग के दृष्टिकोण का भी अनुसरण कर रहे हैं, और जेनेरिक दवा जेनेरिक आधार के द्वारा देशभर में उपलब्ध कराएँगे I

 

जेनेरिक आधार के बारे में

जेनेरिक आधार स्वास्थ लाइफ साइंस प्राइवेट लिमिटेड का एक पंजीकृत ट्रेडमार्क है। आंकड़ों के अनुसार, लगभग ६0% भारतीय अपनी रोजमर्रा की दवाइयों का खर्चा नहीं उठा सकते हैं। बाजार की आवश्यकताओं का लाभ उठाते हुए, १६ वर्षीय अर्जुन देशपांडे हर भारतीय को दवा उपलब्ध कराने के एकमात्र मिशन के साथ फार्मा उद्योग पर अपनी नज़र बनाये हुए हैं। देशपांडे भारत के सबसे युवा उद्यमी हैं, जिन्होंने जेनरिक आधार की स्थापना की। उनके बारे में व्यापार जगत में चर्चा के बाद महान व्यवसाय उद्यमी रतन टाटा प्रभावित हुए और भारत में बेहतर स्वास्थ्य देखभाल के लिए अद्वितीय फार्मा व्यवसाय द्वारा उनकी दृष्टि का समर्थन करने के लिए उनसे हाथ मिलाया।

 

For more information, please for more information, please contact: Deepika Parkar 9768073785 / 9653373643 







 
 

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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...