Friday, January 31, 2025

IPRS Stage at Kala Ghoda 2025: A Vibrant Celebration of India’s Musical Diversity

 IPRS Stage at Kala Ghoda 2025: A Vibrant Celebration of India’s Musical Diversity

Mumbai, 31 st January 2025: The 2nd edition of the IPRS Stage, presented by the Indian Performing Right Society Ltd. (IPRS) at the Kala Ghoda Arts Festival 2025, was an electrifying celebration of India’s musical heritage. Held on January 26 and 27, 2025, at Cross Maidan, the IPRS Stage spotlighted the rich cultural traditions of Nagaland and Rajasthan with spellbinding performances by the Tetseo Sisters and the Desert Kats. The music, a first-time exposure to many Kala Ghoda attendees had enthusiastic listeners swooning. The Tetseo Sisters, members of the Li speaking Chakhesang Naga Tribe, wooed a packed crowd with their resplendent native attires and beautifully rendered harmonic nuggets depicting life in the hills, philosophy and everyday exchanges on Republic Day. The Tetseo Sisters were truly excited with the response they evoked “Performing at the Kala Ghoda Arts Festival was a deeply moving experience. Watching the audience connect withour music and dance with us was heart-warming. It was an honour to represent our culture on such a grand platform.”


The raw and earthy band “Desert Kats” from Barmer, Jodhpur Rajasthan with their heartfelt renderings of the best folk from Rajasthan showed remarkable stage presence packing in a powerful medley in their sparkling hour-long act. Their use of purely wooden instruments (read no metal string) in their whole performance is a refreshing change and underlines the Khan Brothers commitment to the ideals of the pure folk music of their native Langha tribe. The musical instruments Saarangi, Khartal and Alghoza are going to be carried forward as a true symbol of robust Rajasthani folk. The Desert Kats remarked, “This platform gave us the opportunity to share Rajasthan’s musical heritage with an enthusiastic audience. The energy and engagement of the crowd made it an unforgettable experience for us as performers.”

IPRS – A pillar of countrywide support for music creators and the rich musical heritage of our nation. Known for their continued support to India's diverse music talent, especially from the remote corners of the country and their intense desire to showcase India's cultural diversity, IPRS has gone on to conjure many a unique setting for music performances. IPRS Stage, this new IPRS initiative is the much-needed souvenir of good fortune talented musicians pine for. Flagged off at the Goa Serendipity Arts festival in December 2024, IPRS Stage with Jaadoo Bastar, Folks Wagon and exploring Indian music’s ancient origin through Mythical Melodies, the musical caravan, this time, offered the Kala Ghoda Arts festival platform to two amazingly talented music bands Tetseo Sisters and Desert Kats. IPRS – A cornerstone of support for music creators and a champion of India's rich musical heritage. Renowned for its unwavering commitment to nurturing the country’s diverse music talent, particularly from remote regions, IPRS has consistently worked to spotlight India’s cultural richness through unique musical experiences.

The IPRS Stage, a visionary initiative, serves as a beacon of opportunity for talented musicians seeking recognition. First launched at the Goa Serendipity Arts Festival in December 2024, the IPRS Stage showcased groundbreaking performances like Jaadoo Bastar highlighting the rich tribal sounds of Chhattisgarh; Folks Wagon, which unearthed hidden and forgotten melodies and instruments from remote corners of India; and Mythical Melodies, a captivating exploration of the ancient origins of Indian music. Continuing its journey, the IPRS Stage made its mark at the Kala Ghoda Arts Festival, presenting two extraordinary music bands – the enchanting Tetseo Sisters and the electrifying Desert Kats. This initiative underscores IPRS's dedication to amplifying regional voices and fostering a vibrant platform for India's musical storytellers. Rakesh Nigam, CEO of IPRS, remarked, “The IPRS Stage at Kala Ghoda 2025 has exceeded all expectations, proving once again the incredible power of music to connect people and unite through diversity. This platform is dedicated to bringing India’s regional gems to the forefront, and this year’s performances by the Tetseo Sisters and the Desert Kats were perfect examples. Witnessing audiences dance to their rhythms and embrace their stories was truly fulfilling. We look forward to continuing our journey of celebrating India’s unparalleled musical heritage in future editions.” Brinda Miller, Chairman of the Kala Ghoda Association, shared her thoughts on the collaboration, “IPRS and the Kala Ghoda Arts Festival have been working together for quite some time, starting with panel discussions a few years ago, and it has now evolved into showcasing India’s rich and diverse musical heritage. Supporting tribal artists and performers from different regions aligns beautifully with the festival’s vision of embracing all forms of talent. The performances by the Tetseo Sisters and Desert Kats were outstanding, and seeing the audience fully engaged with their music was truly heartwarming. We look forward to planning more extensive collaborations with IPRS in the future.”

The IPRS Stage at Kala Ghoda 2025 not only celebrated India’s musical diversity but also reaffirmed the transformative power of cultural collaboration. With plans for more extensive partnerships in the future, this initiative continues to amplify









-

No comments:

Post a Comment

GIVE REVIEW ABOUT OUR UPDATE OR REQUEST

Subscribe to: Post Comments (Atom)

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...