Monday, November 20, 2023

Iss Diwali, kya hai khaas?

 Iss Diwali, kya hai khaas?

With the Diwali festival approaching, everyone has started preparing for this much-awaited festival. From cleaning homes, preparing shopping lists, festive food menus and deliberating new clothes to even planning a visit to their hometowns, the Diwali preparations are in full swing, and the festive spirits are high. As everyone gathers to prepare for the Diwali festival, &TV artists reveal their plans for this year. These include Neha Joshi (Yashoda, Doosri Maa), Yogesh Tripathi (Daroga Happu Singh, Happu Ki Ultan Platan) and Vidisha Srivastava (Anita Bhabi, Bhabiji Ghar Par Hai). Neha Joshi, aka Yashoda from Doosri Maa, shares, “Diwali is one of my favourite celebrations, and it means a lot to me. I love being with my family at home during this festive time. I am looking forward to this year's Diwali as I will be in Mumbai to celebrate it with my husband and family. Even though there are still more than ten days to go, I'm already very excited and have started packing (laughs). Diwali, known as the Festival of Lights, accompanies my love for nature. I don't prefer fireworks; instead, I light lots of diyas. I recently bought some beautifully hand-painted clay lamps at Bapu Bazar in Jaipur to make the occasion eco-friendly. To make this Diwali special for my family, I've done a lot of shopping for traditional ethnic clothing. I hope they will like my choices. The markets are already bustling with the festive spirit, making me even more excited for the upcoming celebration. In our Maharashtrian tradition, we make delicious homemade treats for Diwali, like Karanji, a sweet coconut and sugar-filled pastry, crispy chakli made from lentils and rice, and Chivda, a delightful mixture of roasted poha, peanuts, cashews, and dal. This year, I can't wait to make these traditional goodies for our guests at home. Diwali isn't just about lights; it's about being together and having fun, and I'm eager to share it with my loved ones."

Yogesh Tripathi, Daroga Happu Singh from Happu Ki Ultan Paltan, shares, “Our Diwali celebrations this year will be like they always are for my family and me. We will do the usual Laxmi Pujan at our home and later join our kids and neighbours in our Mumbai community for some cheerful fireworks fun. This tradition is an important part of our lives. Even though the festival is still a bit away, my wife has given me a to-do list. I will set aside some time for Diwali shopping with the family. We will all come together for a thorough cleaning to prepare for the arrival of Goddess Laxmi. This Diwali, I plan to surprise my on-screen family by bringing them some home-cooked meals when we resume work after the festivities. I haven't decided on the menu yet, but I will make that choice soon. I've started my Diwali shopping during my recent visit to Gwalior for Navratri. I picked up some handcrafted items from Bada Bazaar, which I will use to decorate our home.” Vidisha Srivastava, aka Anita Bhabi from Bhabiji Ghar Par Hai, shares, “This Diwali is extra special because it's the very first one for our little Laxmi, 'Aadya,' and our home is filled with excitement. My focus on this Diwali is all about her. Even though the celebrations last two days, I have already gathered a cute collection of traditional outfits for her. I'm planning a small photoshoot to capture these precious moments, creating lasting memories for her since she's just a few months old. Also, I'll be helping my mother with cleaning, decorating our home, and making delicious snacks for our guests. Diwali has always been one of my favourite festivals, and I can hardly contain my excitement as I eagerly look forward to this year's celebrations."



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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...