Friday, April 12, 2024

Universal Music India’s Revibe Presents "#BreakoutStar": a new-age platform for India's Next Singing Sensation exclusively on YouTube Shorts

 Universal Music India’s Revibe Presents "#BreakoutStar": a new-age platform for India's Next Singing Sensation exclusively on YouTube Shorts

  

Mumbai: Universal Music India proudly announces the launch of "#BreakoutStar," a brand-new talent hunt to discover India's next singing sensation. This talent hunt will offer aspiring artists a global stage to shine.

 

With a rich catalogue spanning chart-toppers, classics, and contemporary hits that resonate across generations, UMG India has always been at the forefront of honing new talent. Now, with a sponsorship from YouTube Shorts UMG India is set to propel the stars of tomorrow into a much-deserved limelight.

 

Renowned music stars Amit Trivedi and Aastha Gill will headline the panel of judges for "#BreakoutStar," adding their valuable expertise and insight to the whole initiative. The talent hunt will span over 3 months, promising an exciting journey spanning various stages. The winner of #BreakoutStar will receive a slew of prizes - namely a one-year contract with Universal Music India, a music video opportunity, and a home studio setup!

 

In a subtle nod to the partnership, Fever FM, the radio partner for "#BreakoutStar," will showcase the top five contestants on their show Soundbox, amplifying their reach and exposure across their listeners.

 

Speaking about the initiative, Sanujeet Bhujabal, EVP & Head of Content, Universal Music India & South Asia commented, “The Breakout Star property in partnership with Universal Music India and YouTube Shorts is an exciting initiative to find the next singing star using the power of catalog.  This initiative is a part of the catalog re-surfacing exercise under the REVIBE brand of Universal Music. UMI has always been about keeping the artists front and centre – and the next big artist can be found anywhere – from the biggest of metros to the smallest of towns. Youtube Shorts, which averages over 70 billion daily views globally, has fast emerged as a key short video tool for artists to express themselves and connect with fans. The collaboration of both these entities is a natural fit, as we leverage off each other in fashioning a narrative that enables budding artistes from absolutely anywhere in the world, to get a well-deserved platform to showcase their talent.”

 

Additionally, Pawan Agarwal, Director, Music Partnerships (India, South Asia & SEA), YouTube expressed excitement, stating, "At YouTube Shorts, we're committed to empowering emerging artists and creators by offering them a stage to exhibit their unique talent and creativity to audiences across the world. By supporting UMG India with '#BreakoutStar', we not only want to help breakthrough exceptional musical talent but also celebrate creativity in India's vibrant digital landscape. "

 

Talking about #BreakoutStar, Judge Amit Trivedi shared, "We have talent in every corner of our country. With #BreakoutStar, we aim to discover such unexplored singing talents from the comfort of their own places. There have been numerous talent hunts over the years, but #BreakoutStar stands out uniquely as it offers an opportunity for literally anyone to participate ! Aastha and I are extremely excited to chair the judging panel for this unique show and can’t wait to hear the entries!"

 

Expressing her excitement, Aastha Gill added, "#BreakoutStar is an incredible platform for artists to shine and showcase their talent as many of them go undiscovered due to the unavailability of resources. #BreakoutStar is one such opportunity for those dreams to come true at their own convenience . We are super thrilled to see what India has in store for us!"

 

"#BreakoutStar" is poised to redefine the music landscape, ushering in a new era of talent and creativity.

Mark your calendars for this groundbreaking initiative, as India's brightest stars prepare to take center stage.

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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...