Saturday, February 4, 2023

Asia's longest bar Lord of the Drinks has now gotten a fresh makeover along with the launch of club IGUANA

 Asia's longest bar Lord of the Drinks has now gotten a fresh makeover along with the launch of club IGUANA


The evening saw the presence of Zulfi Syed, Nishka Lulla Mehra, Sandhya Shetty, Poonam Pandey, Munisha Khatwani, Hansa Singh, Malini Agarwal, Ami Neema, Marita Monteiro, Sabyasachi Satpathy, Jugnu Ishiqui, Heli Vyas, Bushra Madhiya, Tejaswini Kolhapure, Rohit Verma, Bhawana Agarwal, Namrata Purohit, Rajdeep Bajpai, Asmi Rishal, Sahil Phull, Megha Chakraborty, Rohini Bhat and many more

LOTD returns as a whole new haven of imaginative food, extraordinary drinks, and modern sophistication with 220 different types of cocktails specially designed with different flavors. Gone are the days when you'll struggle to get a drink at the bar as Lord of the Drinks' revamped outlet welcomes you to Asia's Longest Bar so no more waiting to get your favorite beer or a glass of exotic cocktail.



To amp up Mumbai’s LIT factor Club IGUANA is your go-to place. The main idea behind this establishment is to give night owners a new-age insatiable nightclub experience. It is a high-energy nightclub with performances by in-house as well as some top guest DJs.

Ditch your everyday resto-bars as Mumbai has got two of the finest bars in town. Lord of the Drinks & IGUANA has covered everything for you from fusion cocktails to scrumptious meals. Binge on the most scrumptious dishes for an unforgettable dining experience. Their classy and elegant decor with unique delicacies will make you fall in love with both places even more. The well-lit ambiance will leave you awe-struck, and exquisite meals will definitely satiate your hunger pangs. You've got to try these places to know exactly what you're missing out on. Their friendly staff will make sure you won't leave disappointed. You know exactly where to head this weekend. The whole ambiance designed by ace architect ๐—ฆ๐˜‚๐—บ๐—ฒ๐˜€๐˜€๐—ต ๐— ๐—ฒ๐—ป๐—ผ๐—ป speaks of artistic decor - you'll surely have many picture-perfect moments here to update your Instagram feed. The seating is also cozy and comfy with enough space and amazing music to enlighten your mood.



Navin Agrawal, owner of many renowned restaurants and clubs in Mumbai like Dragonfly Experience, Lord of The Drinks, Canton, The Flying Saucer, Diablo, and Club Iguana says “We are happy to bring back one of our most celebrated outlets of Lord of the Drinks in Utopia City again along with the launch of club IGUANA. Our aim with LOTD & IGUANA is to make it a place where people get together to not only relish good food & cocktails but also enjoy the ambiance, aesthetics, and the experience that comes with it”.

Sachin Bhat,
 Vice President of First Fiddle says "We’re absolutely elated to bring to you a revamped LOTD, based on a completely new theme. Apart from LOTD return, we also bring to you club IGUANA. Nestled in Kamala Mills, the party hub of Mumbai, both LOTD & club IGUANA fill the atmosphere with high spirits and good times that will stay with you through the days ahead”.

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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...