Monday, December 20, 2021

Delicious momos for the win! Will Aditi Mohan get the right investment from the Sharks for her food start up?

 Delicious momos for the win! Will Aditi Mohan get the right investment from the Sharks for her food start up?

Ab Success Paane Ke Liye, Zaroori Hain Sirf Ek Powerful Idea! Brace yourselves as starting 20th December, Sony Entertainment Television is all geared up for its very first edition of the globally renowned business reality format – Shark Tank. All set to turn entrepreneurial dreams into reality, this revolutionary show provides a golden opportunity for budding entrepreneurs from all walks of life to present their innovative business ideas to eminent business experts a.k.a The Sharks. The show brings forth unique and futuristic business ideas that can change the game for India in the coming years. A perfect business pitch is all that will take to impress the Sharks! One such business product that will make their way into the hearts of the Sharks though their stomach is entrepreneur Aditi Madan with BluePine Foods Pvt. Ltd , a frozen and convenient proprietary foods processing business. 

 


Popularly known as Momo Mami, 43 year old Aditi Madan is the founder of BluePine Foods Pvt Ltd and has been running this venture along with her co-founder Rohan Singh and Naveen Panwar since 2016. Hailing from Darjeeling, Aditi was fond of momos and once she shifted to Delhi after marriage she missed it so much that she decided to transform her love for momos into a great business idea as she wanted everybody to experience the authentic Darjeeling momos. Providing 100% natural, delicious and preservative free and made from traditional ingredients, they started off with 4 products (like momos and spring rolls) from local resources but are now making around 35+ variants. In the last 5 years, they have made around 80+ lakhs momos and have been providing it to multiple hotels, restaurants and cafes across India. What sets them apart is that their food is created in an agile, innovative and trusted work environment backed by simple sustainable systems. 

 

Sharing more on the same, Aditi B Madan said, “It’s been five years since I started my business. However it’s the first time, I’ve got the chance to present my start-up in front of such experienced businessmen who also started from scratch. Being on Shark Tank India is, truly, once in a lifetime experience for me! Not only is it opening doors for my business but is also helping us to reach one step closer to our mission of creating a sustainable future when it comes to food.  I am really excited to see the kind of traction my business will get after the show. More than that, I am really grateful to the sharks for giving their time and believing in our venture.” 

 

While BluePine Foods Pvt. Ltd really impressed the sharks who also enjoyed the delicious momos; but will they get the right investments they need? Will the Sharks bite the bait?

 

To find out what kind of deal Aditi is offered by the Sharks? Tune in to Shark Tank India this 20th December, every Monday to Friday at 9:00PM

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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...