Thursday, June 15, 2023

CARRERA X PROWL UNVEILS SUMMER ’23 EYEWEAR COLLECTION WITH BOLLYWOOD CELEBRITY TIGER SHROFF

                CARRERA X PROWL UNVEILS SUMMER ’23 EYEWEAR COLLECTION WITH 

                                     BOLLYWOOD CELEBRITY TIGER SHROFF



~Carrera the Italian lifestyle and sports eyewear brand in collaboration with Prowl, the active lifestyle brand of Tiger Shroff unveiled the ‘Carrera x Prowl’ Summer ’23 eyewear collection~

 Carrera Eyewear in collaboration with Prowl, today unveiled its Summer ’23 athleisure collection with fitness icon and celebrity Tiger Shroff. The exciting partnership brings together the dynamic energy of Tiger Shroff and the innovative styles of Carrera, creating a perfect blend of fashion and athleisure.                                                                              

 The Summer '23 Collection captures the essence of the season with its youthful, bold, and athletic designs, inspired by the latest fashion trends and spirit of sports, the collection offers a wide range of sunglasses and optical frames that seamlessly blend style and performance. Each piece showcases Carrera X Prowl’s commitment to delivering eyewear that not only enhances one's style but also provides optimum comfort and durability.

 Carrera x Prowl collection: The C Logo Easy series from Carrera Prowl represents the most recognizable shapes of the active concept that are newly interpreted to embody the iconic designs in a more contemporary way. Dedicated to a younger and more sportive target, these models take inspiration from the sportswear industry, bearing contrasting colors and lightweight materials that make them unique, thanks to the iconic C on the temples. Bi-injected styles from Carrera x Prowl apply technical features that combined together ensure to offer to the wearer's comfort and durability paired with the perfect fitting. On top, flexible hinges ensure additional grip for any outdoor sports activity.

 On the unveiling of the collection, Ashutosh Vaidya, Managing Director, Safilo India Pvt. Ltd. said “We are thrilled to team up with Prowl, one of India's most promising lifestyle brands. Prowl, through Tiger Shroff, has quickly gained immense popularity among the youth by symbolizing dedication and a fit lifestyle, inspiring many to follow in his footsteps. Prowl's brand values perfectly align with Carrera's vision, which revolves around power, confidence, and continuous self-improvement. I am confident that the Carrera Prowl collection will captivate sports and lifestyle enthusiasts, particularly millennials. Tiger's immense appeal, ranging from kids and youth to the masses, ensures an exciting association that will resonate with a broad audience"

"Carrera truly represents the essence of Prowl, as it genuinely connects with our bold, edgy, and fearless outlook. I am privileged to collaborate with Carrera, a brand that holds such a great legacy and is known for its cutting-edge designs. Being an outdoor enthusiast myself, I have always been fascinated by eyewear. The Carrera Prowl collection personifies who I am and serves as the perfect lifestyle accessory for the youth who are always on the move." said Tiger Shroff.

 This collaboration aims to expand Carrera's reach among young and aspiring individuals who embrace their own unique lifestyle, making a statement in everything they do. With Tiger Shroff as the face of Carrera X Prowl, this collection embodies the wearer's bold and distinctive sense of style and will be extensively promoted across all channels to further strengthen the brand's presence throughout India.

 About Carrera:

 Carrera is the flagship brand of Safilo Group, Italy. Synonymous with pioneering design and outstanding quality - Carrera is a statement brand since 1956 for people who live by their own rules, continuously defying themselves and proudly approaching life standing out from the crowd. Carrera Collection is composed of three main product families: CARRERA FLAG, the boldest expression of Carrera inspired by the archives with an eye on fashion and always one step ahead, CARRERA SIGNATURE, the brand's evolution combining classic shapes with a dash of urban lifestyle and CARRERA ACTIVE reinterpreting the brand's roots in sport with a street style attitude.

 About Prowl:

Prowl is an active lifestyle brand of Tiger Shroff. It's not just curated to be referred to as just another brand. It's a lifestyle. A lifestyle that does not only cater to a specific set of people but everyone. The brand symbolizes a way of living that brings discipline, calm, movement, confidence, and comfort. 

 About Safilo:

Established in 1934 in Italy's Veneto region, Safilo Group is one of the eyewear industry's key players in the design, manufacturing, and distribution of prescription frames, sunglasses, outdoor eyewear, goggles, and helmets. The Group designs and manufactures its collections by blending stylistic, technical, and industrial innovation with quality and skillful craftsmanship. With an extensive global presence, Safilo's business model enables it to monitor its entire production and distribution chain. From research and development in five prestigious design studios, located in Padua, Milan, New York, Hong Kong, and Portland, to its company-owned production facilities and network of qualified manufacturing partners, Safilo Group ensures that every product offers the perfect fit and meets the highest quality standards. Reaching approximately 100,000 selected points of sale worldwide with an extensive wholly owned network of subsidiaries in 40 countries and more than 50 partners in 70 countries, Safilo's well-established traditional wholesale distribution model, which encompasses eyecare retailers, chains, department stores, specialized retailers, boutiques, duty-free shops, and sporting goods stores, is complemented by Direct-to-Consumer and Internet pure player sales platforms, in line with the Group's development strategies.

 Safilo Group's portfolio encompasses its own core brands: Carrera, Polaroid, Smith, Blenders, Privé Revaux, and Seventh Street. Licensed brands include Banana Republic, BOSS, Carolina Herrera, Chiara Ferragni, Dsquared2, Eyewear by David Beckham, Fossil, Havaianas, HUGO, Isabel Marant, Jimmy Choo, Juicy Couture, kate spade new york, Levi's, Liz Claiborne, Love Moschino, Marc Jacobs, Missoni, M Missoni, Moschino, Pierre Cardin, PORTS, rag&bone, Tommy Hilfiger, Tommy Jeans and Under Armour.

 The parent company, Safilo Group S.p.A., is listed on the Euronext Milan organized and managed by Borsa Italiana (ISIN code IT0004604762, Bloomberg SFL.IM, Reuters SFLG.MI). In 2021, Safilo Group recorded net revenues of Euro 969.6 million.

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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...