Monday, July 31, 2023

Actor and Climate Warrior Bhumi Pednekar joins Jio MAMI as the Brand Ambassador for Dimensions Mumbai.

Actor and Climate Warrior Bhumi Pednekar joins Jio MAMI as the                         Brand Ambassador for Dimensions Mumbai.

 Jio MAMI (Mumbai Academy of Moving Image) Mumbai Film Festival launches call for entries for ‘ Dimensions Mumbai ’, a short film competition for filmmakers across India.

Dimensions Mumbai, a short film competition based on the theme of Mumbai City, is back and is now open for submissions. The category was introduced in 2009 by Jaya Bachchan as an ode to Mumbai. Dimensions Mumbai competition is applicable for young filmmakers within the age group of 18–25 years across India; all they need to do is film Mumbai-based themes in Mumbai.

Bhumi Pednekar, one of the most exciting actors in contemporary Indian cinema and known for her eclectic choices of films, is the Brand Ambassador for Dimensions Mumbai this year. A hard-core Mumbai girl herself, Bhumi Pednerkar, in her role, will be engaging and supporting the young creative collective of aspiring filmmakers at Dimensions Mumbai.

Commenting on this, Bhumi Pednekar said, "I am thrilled to be a part of Dimensions Mumbai this year. It's an incredible platform for young filmmakers; it empowers them to tell personal stories that mean something to them. It gives them an opportunity to showcase their film to a larger audience on a big screen. For decades, Mumbai has inspired filmmakers from around the world. This city has a cinema in its DNA. The opportunities that Mumbai can offer with an excellent platform like Dimensions Mumbai to promote filmmakers of extraordinary caliber to their full potential are special. As a proud Mumbaiite who is always amazed and excited by the city, I can’t wait to interact with some of these filmmakers, watch their films, and if I am able to positively impact their craft, I will be very happy and grateful for that."

Welcoming Bhumi Pednekar to Dimensions Mumbai, Anupama Chopra, Festival Director, Jio MAMI, said:  "Bhumi is an actor with talent and taste. Her films, starting with her debut, Dum Laga Ke Haisha, have helped to expand the boundaries of Hindi cinema. So it’s thrilling to have her as the ambassador for Dimensions Mumbai. Our ambition with Dimensions Mumbai is to create a culture, a movement of sorts, amongst young filmmakers across India to tell authentic stories. Short films are the trajectory for emerging voices to flourish; it’s an exciting time for the category, and we are very happy to collaborate with one of our finest actors on this one."

Dimensions Mumbai has the distinction of being one of the largest short film competitions in India. It aims to bring together some of the finest young minds from around the country who have a very specific take on Mumbai. With talks, workshops, and panel discussions during the festival with top industry professionals, a significant feature at Jio MAMI, Dimensions Mumbai provides an opportunity for aspiring young filmmakers to interact with the best in the industry.

Previously restricted to participants residing in Mumbai, this year's edition broadens its horizons, inviting filmmakers from all corners of India to partake in the cinematic celebration. Dimensions Mumbai is applicable to participants between the ages of 18 and 25. The competition invites filmmakers to create a short film of a maximum of 5 minutes in length centered around the theme of Mumbai city. A distinguished jury consisting of industry experts will carefully review the entries, and the top three films will be honored at the grand Opening Ceremony of the Jio MAMI Mumbai Film Festival.

Deepti D’Cunha, Artistic Director - Jio MAMI Mumbai Film Festival added, "At Jio MAMI, we strive to build a body of work that demonstrates the capabilities of young independent filmmakers.  Dimensions Mumbai is a step towards pushing boundaries and showcasing their work to established names in the industry as well as a wide audience, both Indian and international. We are expecting a staggering response for Dimensions Mumbai, our much-loved competition. We are proud of the category as many Dimensions Mumbai filmmakers have gone on to become big names in the industry, and the fact their journey started with Jio MAMI is a special feeling, and we want to create more success stories like these."

Jio MAMI Mumbai Film Festival is ready to welcome the young talent and all the special films that will be shown at the festival as young filmmakers from all over India embark on their cinematic journey through Dimensions Mumbai. Don't miss out on this incredible opportunity. The call for entries starts on July 27, 2023, and will be open until August 31, 2023.

About Jio MAMI Mumbai Film Festival

Jio MAMI Mumbai Film Festival, organized by the Mumbai Academy of Moving Image (MAMI), has brought the best of contemporary world cinema and talent to the city of Mumbai, since 1997. With its new expanded vision to spotlight South Asian and South Asian diaspora filmmakers, Jio MAMI becomes the Hub for South Asia, discovering and connecting emerging talent to the worldwide festival ecosystem. 

Along with celebrating cinematic excellence and bringing joy to our audiences, we aim to facilitate the exchange of ideas and provide easy access to information related to filmmaking, funding, film distribution, business opportunities, and strategic marketing support for films and filmmakers. The festival also conducts a robust Year-Round Programme that acts as a hub for creators and cinephiles through screenings, networking opportunities, access to labs and workshops for skill development, masterclasses, and, very importantly, creating a community of cinema lovers.
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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...