Saturday, March 25, 2023

 India's favorite indie band "When Chai Met Toast" release their latest single, Sushi Song, with IndieA records



Click here to check out the song- https://youtu.be/-qsnDCsRCRU

When Chai Met Toast and Richard Wilkinson have teamed up to bring us their latest single, "Sushi song," a mesmerizing track that takes listeners on a journey through a vibrant world of love, adventure, and discovery. The band's raw, honest, and deeply rooted musical style shines through in their uplifting and energetic songs that are sure to delight fans of independent music.

Sushi Song is the first from the upcoming 4-song EP titled 'LYTS'. "Sushi Song" is a celebration of the joy of exploring new places and experiencing new things with someone special. The lyrics, penned by When Chai Met Toast, paint a vivid picture of two lovers embarking on an exciting adventure together. From eating sushi under the moon to climbing Mount Fuji at sunrise, the song captures the magic and excitement of travel and discovery.

The music, composed and produced by When Chai Met Toast and Richard Wilkinson, is a fusion of acoustic and electronic elements that creates a delightful and infectious sound. Richard Wilkinson's expert mixing skills and the attention to detail of recording engineers Richard Wilkinson and Connor Panayi shine through in the song's pristine sound quality.

Talking about their latest release and collaboration with IndieA Records, the band shared, "In 2022, we realised our long standing dream of recording an EP with a producer based in the UK—at one of the most historic studios in London. Sushi Song is the first off of the 4-song EP titled 'LYTS', with the other songs releasing soon after. We're very excited about collaborating with IndieA Records for this release. Being in the independent space all this while, it's great to have a larger team of people who equally love the music backing us. It's great to be part of a roster that has released some of our favourite independent music in the country. This song is a celebration of the joy of travel, discovery, and love, and we can't wait for fans to experience it."

Recorded at RAK Studios London and 212 Studios London, and mastered by Vivek Thomas at VTP Studios, "Sushi Song" is a testament to the talent and creativity of When Chai Met Toast and Richard Wilkinson. This track is sure to become a fan favorite and solidify their position as flag bearers of indie music.

About IndieA records-
Universal Music India launched IndieA Records, a new platform for country's independent music artists to showcase their talent to a wider discerning audience.  An artist-first platform, IndieA Records is dedicated to actively discovering a wide range of music from independent artists across all genres and languages and bringing their work to a wider, more discerning audience through strategic partnerships & distinctive marketing. The label’s inception came with a rise in the independent music scene in India, which has seen a surging shift in music consumption habits and listener preferences in recent years. IndieA Records is in the process of banking an enviable repertoire of fresh indie music from both established and emerging artists. The songs will be promoted differently through intimate on-ground events and live gigs, strategically targeted to relevant audiences who have an affinity for such varied indie music.
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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...