Wednesday, September 4, 2024

Abraham & Thakore Flagship in Hyderabad: A Haven for Timeless Fashion

Abraham & Thakore Flagship in Hyderabad: A Haven for Timeless Fashion

David Abraham and Rakesh Thakore, the creative minds behind the renowned Abraham & Thakore label, affectionately hailed as the 'Masters of Minimalism’, announce the opening of their flagship store in Hyderabad, the first in the city. Spanning 1093 square feet, situated on the ground floor of Signature Tower in Signa signals a new beginning for the brand in Hyderabad — the city of Nizams.

The store features the brand’s latest collection, Parallel Universe, for Autumn/Winter, which delves into the possibilities of alternate realities by blending traditional craft with innovative design. Fabrics such as soft silks, crinkled seersucker, and fluid chanderi are adorned with motifs that evoke a sense of time travel. Contemporary silhouettes paired with these textiles are ideal for navigating the subtle spaces in our everyday world. 

"Hyderabad, with its profound cultural and textile heritage interwoven with a fresh, dynamic energy, presents an exhilarating opportunity for us. This vibrant city allows us to showcase our enduring commitment to traditional craft and weaving, now articulated through a modern, contemporary voice." say the designers of Abraham & Thakore, David Abraham & Rakesh Thakore.

Clean, craft-driven, and contemporary, the store’s aesthetic embodies much of what the brand has always been known for. The store is a testament to refined sophistication, designed by Saurabh Dakshini, founder and principal architect of Studio Organon. The design aesthetic embraces Abraham & Thakore’s iconic black and white palette, creating a striking yet graceful ambiance. The disciplined use of geometric layouts and grids imparts a sense of order and architectural finesse, while the flooring pays homage to retro aesthetics with modern Terrazzo layouts.

Moreover, the Hyderabad store places a strong emphasis on the Abraham & Thakore Home collection. From luxurious tussar bed linens adorned with Ikat and Kantha crafts to porcelain bowls with bandhani designs, the home range offers a curated selection that merges traditional craftsmanship with modern elegance. This diverse collection reflects the brand’s commitment to creating timeless products that enhance any living space.

 As Abraham & Thakore continues to evolve, the choice of Hyderabad for their newest store is a strategic one. The city’s unique blend of rich tradition and modern energy aligns perfectly with the brand’s ethos, providing the ideal environment to showcase its expanded collections, including menswear, womenswear, and home products.

In the next two financial years, the brand envisions a significant expansion of its presence through brick-and-mortar retail stores and a strengthened online platform. This strategy focuses on broadening the reach to new markets while deepening the connection with existing customers. The aim is to create a seamless and enriching brand experience that reflects Abraham & Thakore's timeless fashion philosophy.

Explore the latest collections and edits from Abraham & Thakore at Signature Tower in Hyderabad and immerse yourself in a world where traditional craft meets contemporary design.

 Abraham & Thakore Store Locations

With the launch of the new store in Hyderabad, Abraham & Thakore further expands its presence in key cities across India. The brand has already deepened its relationship with Delhi through its stores in Defence Colony, Dhan Mill, and DLF Promenade, which have garnered significant attention. Along with active outlets in Mumbai, the new Hyderabad store complements the strong digital presence that the brand already enjoys.

Store Address: Signature tower, Road no.-1, Shop no.-7, Ground Floor, Banjara Hills, Hyderabad 500034

Website: abrahamandthakore.com

Instagram: www.instagram.com/abrahamandthakore/

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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...