Thursday, October 5, 2023

DSBK Racing Unveils Championship Dates for 2023-2024

 DSBK Racing Unveils Championship Dates for 2023-2024




DSBK Racing has announced its upcoming schedule for 2023 and 2024, spotlighting the2024 India Schedule. The launch event also introduced bike industry experts and influencers. The discussion addressed motorcycle and road safety, emphasizing the promotion of responsible riding.

The announcement event saw the presence of Abhishek Dudiya, Hansa Singh, Sameer Nadkarni Poonam Pandey, Vinitha Menon, Imraan Lightwala, Tina Singh, Prashant Virendra Sharma, and many more at DSBK Racing, established in 2022 at the Dubai Autodrome, has quickly become a benchmark in motorcycle road racing. As the sole SuperBike Championship Event in the Gulf, it stands out for its thrilling races and exceptional racers.


DSBK – UAE National Championship Dates at DUBAI AUTODROME are as follows:

Round 1: November 11, 2023
Round 2: February 11, 2024
Round 3: March 2, 2024
Round 4: April 20, 2024

"Today's announcements are a testament to the trajectory DSBK Racing is on. As we reveal our championship dates, our commitment goes beyond just the races. We envision a future where responsible racing and riding are at the forefront, fostering a safer and more exhilarating environment for all enthusiasts," expressed Mr. Nasir Syed, founder of DSBK Racing.

The visionary behind DSBK's success, Mr. Nasir Syed, is an entrepreneur from India now based in Dubai. He manages the CHS Group, which was founded in 2003.

Mr. Syed is an accomplished bike racer with 38 podium finishes in the UAE National Championship and the Bahrain Superbike Championship. He's also recognized as the fastest Indian on the racing circuit in both the 600cc & 1000cc categories. His leadership and vision recently earned him the ICONS of UAE 2023 award by NKN and the India Today group.

DSBK’s broader mission is to champion sportsmanship, responsible racing, and camaraderie in the biking world, with a particular emphasis on providing opportunities for young Indian enthusiasts in superbike racing.
Instagram Caption- DSBK Racing @dsbkracing has announced its upcoming schedule for 2023 and 2024, spotlighting the 2024 India Schedule spearheaded by Nasir Syed @nasir44dxb. The launch event also introduced bike industry experts, and influencers. The discussion addressed motorcycle and road safety, emphasizing the promotion of responsible riding. The event saw the presence of
Abhishek Dudiya, Hansa Singh,Sameer Nadkarni, Poonam Pandey,Vinitha Menon, Imraan Lightwala, Tina Singh, Prashant Virendra Sharma and many more.

#DSBKRacing #NasirSyed #BikeEvent #season2

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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...