Friday, April 16, 2021

The inaugural edition of "High Flyers 50" unveils

                         The inaugural edition of "High Flyers 50" unveils


The most awaited eye-catching and classy coffee table book "High Flyers 50" unveiled in Mumbai on 9th April in the presence of very renowned dignitaries from all over the world. The Book Launch and Honouring Ceremony were held at Novotel Mumbai Juhu Beach.  All the 50 achievers across the world have attended the event both physically and virtually and shared their experiences during the event. All the 50 achievers were also conferred with the High Flyers 50 Awards. Bhajan Samrat and Padma Shree Anup Jalota graced the event with his presence as a Chief Guest and unveiled the book. He is also one of the 50 achievers who are being featured in High Flyers 50.


The event saw the presence of Bhajan Samrat Anup Jalota, Padama Vibhushan Avinash Dixit (USA), Lord Rami Ranger CBE (UK), Dr. Chirantan Ghosh (USA), Shree Ram Gidoomal (UK), Shree C. K. Patel (USA hotelier), Dr. Anil K. Mehta (Holland), Mr. Vijay Goel, Ms. Abhnash Kaur Bains (UK), Fatema Agarkar (Cricketer Ajit Agarkar’s wife), Best PR Agency- Picture N Kraft.(Parul Chawla ) .These are also among the 50s who are being featured in the inaugural issue of High Flyers 50.  



On this occasion, Chief Guest Anup Jalota Says, “It is really a difficult task to find these people and inculcate them on one platform. I am really happy that I too am among the 50s who are being featured in this beautiful book.  I wish that more and more editions come out so we can read and know about the people who remain hidden. I appreciate the whole team of High Flyers 50 and wish them a great success for their future editions.”

The inaugural edition of High Flyers 50 is all about to feature incredible success stories of 50 Indian and NRI achievers. On this occasion, Ravi Kumar, the founder of High Flyers 50 says “These 50 are the ones who have the potential to make a difference through their incredible abilities. The success stories of these incredible personalities will remain inspirational for the next generations. Through this book, we are just aiming to spread the word about their incredible work and success."

About “High Flyers 50:
“High Flyers 50” is an eye-catching and classy coffee table book beautiful and is one of the most unique books with noble objectives. It is an initiative of the well-known film trade magazine Film & TV Trade Preview. In each edition, the success stories of 50 successful people around the world people who have attained remarkable achievements in their respective spheres will be featured in each edition. It will be available on eBooks platforms. Hardcover/ Paperback copies will also be available on order.  Vol. 1 of the Indian and NRI edition is scheduled to be published on 9 April 2021.

Objectives:
The objectives of the “High Flyers 50” are particularly to recognize the deserving people for the outstanding work which they have contributed to society in terms of art, culture, entertainment, business, entrepreneurship, philanthropy, sports, politics, and academics. Also, there are many untold and interesting success stories of these succeeders. FTTP feels the responsibility to recognize and appreciate these individuals and spread out their stories to the masses through this new and innovative publication. These success stories can also be looked at as an inspiration for the potential Indians who want to take their career to the next level and of course for those who want to fly high.



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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...