Monday, January 20, 2025

Danube Properties Welcomes Bollywood Superstar Kartik Aaryan as Brand Ambassador

 Danube Properties Welcomes Bollywood Superstar Kartik Aaryan as Brand Ambassador


Danube Properties announced Bollywood heartthrob Kartik Aaryan as its brand ambassador for the next two years at a grand event in Mumbai The event unveiled the new tagline, "Danube Hai Na," and emphasized brand's dedication to trust, quality, and comprehensive homeowner solutions Over the years, Danube Properties has emerged as a trailblazer in Dubai’s real estate market



India Danube Properties, a leading real estate developer in Dubai, has officially welcomed Bollywood’s young superstar Kartik Aaryan as its brand ambassador for the next two years. This collaboration underscores Danube's values of innovation, trust, and quality, mirroring the actor’s inspiring journey in the film industry. At a grand event held in Mumbai, hosted by Maniesh Paul,  Danube Properties unveiled its new tagline, "Danube Hai Na," symbolizing the brand’s unwavering commitment to offering comprehensive solutions to homeowners. With a legacy spanning over 30 years, Danube Properties has emerged as a trailblazer in Dubai’s real estate market. Known for its innovative 1% payment plan, fully furnished apartments, and projects featuring 40+ world-class amenities, the brand consistently sets new benchmarks in affordable luxury living. A key highlight of Danube’s commitment to excellence is its track record of delivering projects ahead of schedule, as demonstrated by the recent completion of GEMZ by Danube, handed over five months earlier than promised. Danube also continues to lead with innovation, with its latest luxury project, Bayz102, featuring a flying taxi station, showcasing its vision for futuristic living. Adding to the appeal of investing in Danube properties is Dubai’s tax-free environment, along with the opportunity for property buyers to secure a golden visa for their families—making it an unparalleled destination for global investors. Speaking at the event, Rizwan Sajan, Founder and Chairman of Danube Group, expressed his excitement saying,"Kartik Aaryan epitomizes determination and excellence, qualities that resonate deeply with Danube Properties. His widespread appeal and success story make him an ideal representative for our brand. Together, we aim to inspire dreams of homeownership while upholding our legacy of trust and value." Kartik Aaryan, sharing his enthusiasm, said, "I am delighted to be associated with Danube Properties, a brand that redefines affordable luxury and innovation. Their reputation for delivering world-class homes aligns with my belief in authenticity and excellence. I’m thrilled to embark on this journey with them."

About Danube Properties

Danube Properties has launched 34 projects, successfully delivered 16, and has 18 more under development. Known for its pioneering 1% payment plan, fully furnished apartments, over 40 world-class amenities, and consistently ahead-of-schedule project deliveries, Danube continues to set benchmarks in affordable luxury real estate.

About Danube Group

Danube Group is a Dubai-based diversified business conglomerate with interests in building materials, home décor, hospitality solutions, and real estate development. Established in 1993 by Founder and Chairman Rizwan Sajan, a UAE-based entrepreneur, Danube Group reported an annual turnover exceeding US$2 billion in 2022. 

Danube Group stands tall with several verticals that include Danube Building Materials, Danube Properties, Danube Home, Danube Sports World, Alucopanel Middle East, Danube Hospitality Solutions, Starz Media (Filmfare), American Aesthetic Center, Casa Milano, and others. Danube Group employs more than 5,000 people across the GCC and India, representing 44 nationalities.

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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...