Parth Electricals and Engineering Limited’s IPO to open on Monday, August 4, 2025

Parth Electricals and Engineering Limited’s IPO to open on Monday, August 4, 2025 with Price Band of Rs.160 – Rs.170 per Equity Share each of Face Value of Rs.10 each

Initial Public Offering of up to 36,49,800 Equity Shares.

Post filing DRHP, pre-IPO raise of 7,25,000 Equity Shares.

Price band of Rs. 160 –Rs. 170 per equity share. 

Minimum Bid lot is 1600 equity shares and in multiples of 800 equity shares thereafter.

Issue will open for Anchor Investor on Friday August 1, 2025

Issue opening date – Monday, August 4, 2025 and Issue closing date – Wednesday, August 6, 2025

Employee reservation of 68,800 equity shares.

A discount equivalent to Rs. 8 per Equity Share on the Offer Price shall be offered to Eligible Employee Bidders

The Floor Price is 16 times of the face value, and the Cap Price is 17 times of the face value of the Equity Shares.

Mr. Jignesh Patel, MD Parth Electric & Engineering Limited 

Parth Electricals and Engineering Limited (“Company”), established in 2005, is a leading  company in electrical components, the company expertises in technologically engineered products with strong focus on quality, design and product development, will be launching its initial public offering (“IPO” or the “Offer”) which is scheduled to open on Monday, August 4, and close on Wednesday, August 6, 2025, with a price band of Rs. 160 – Rs. 170 per Equity Share of face value of Rs. 10 each of the Company (the “Equity Shares”). The Anchor Investor Bid/Issue Period shall be Friday, August 1, 2025 being one working day prior to the Issue opening date. 

Initial Public Offer of upto 29,24,800 equity shares of face value of ₹ 10/- each (“Equity Shares”) of the company at an issue price band of Rs. 160 – Rs. 170 per equity share (including a share premium of ₹ Rs. 150 – Rs. 160 per equity share) for cash, aggregating up to ₹  4,966.31  lacs (“Public Issue”) out of which 1,46,400 equity shares of face value of ₹ 10/- each, at an issue price of ₹ 170 per equity share for cash, aggregating ₹ 248.88 lacs will be reserved for subscription by the market maker to the issue (the “Market Maker Reservation Portion”), and 68,800 equity shares aggregating up to ₹ 111.112 lacs will be reserved for subscription by Eligible Employees (as defined hereinafter) (the “Employee Reservation Portion”). The company, in consultation with the BRLM, may offer a discount of up to 5% of the offer price (equivalent to ₹ 8 per equity share) to the eligible employees bidding in the employee reservation portion (“Employee Discount”). The public issue less market maker reservation portion, employee reservation portion and pre-IPO raise (post filing DRHP) i.e. issue of 7,25,000 equity shares of face value of ₹ 10/- each, at an issue price of ₹ 170 per equity share for cash, aggregating up to ₹ 4,606.32 lacs is hereinafter referred to as the “net issue”. The public issue and net issue will constitute 21.40% and  19.82 % respectively of the post- issue paid-up equity share capital of our company.  

This Issue is being made through the Book Building Process, in terms of Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957, as amended (“SCRR”) read with Regulation 229 (2) of the SEBI ICDR Regulations and in compliance with Regulation 253 of the SEBI ICDR Regulations, wherein not more than 50 % of the Net Issue shall be available for allocation on a proportionate basis to Qualified Institutional Buyers (“QIBs”) (the “QIB Portion”), provided that our Company may, in consultation with the Book Running Lead Manager, may allocate up to 60% of the QIB Portion to Anchor Investors on a discretionary basis in accordance with the SEBI ICDR Regulations (“Anchor Investor Portion”), of which one-third shall be reserved for domestic Mutual Funds, subject to valid Bids being received from domestic Mutual Funds at or above the Anchor Investor Allocation Price. In the event of under-subscription, or non-allocation in the Anchor Investor Portion, the balance Equity Shares shall be added to the Net QIB Portion. Further, 5% of the Net QIB Portion shall be available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to all QIB Bidders, including Mutual Funds, subject to valid Bids being received at or above the Issue Price. However, if the aggregate demand from Mutual Funds is less than 5% of the Net QIB Portion, the balance Equity Shares available for allocation in the Mutual Fund Portion will be added to the remaining Net QIB Portion for proportionate allocation to QIBs. Further, (i) not less than 15% of the Net Issue shall be available for allocation on a proportionate basis to Non-Institutional Investors out of which (a) one third of such portion shall be reserved for applicants with application size of more than two lots and up to such lots equivalent to not more than ₹ 10 lakhs; and (b) two-third of such portion shall be reserved for applicants with application size of more than ₹ 10 lakhs; provided that the unsubscribed portion in either of the sub-categories specified in clauses (a) or (b), investors may be allocated to applicants in the other sub-category of Non-Institutional Investors; and (ii) not less than 35% of the Net Issue shall be available for allocation to Individual Investors who applies for minimum application size in accordance with the SEBI ICDR Regulations; in each case subject to valid Bids being received from them at or above the Issue Price. Further, Equity Shares capital will be allocated on a proportionate basis to Eligible Employees applying under the Employee Reservation Portion, subject to valid Bids being received from them. All Bidders are required to participate in the Issue by mandatorily utilizing the Application Supported by Blocked Amount (“ASBA”) process by providing details of their respective ASBA Account (as defined hereinafter) in which the corresponding Bid Amounts will be blocked by the Self Certified Syndicate Banks (“SCSBs”) or under the UPI Mechanism, as the case may be, to the extent of respective Bid Amounts. Anchor Investors are not permitted to participate in the Issue through the ASBA process. For details, see “Issue Procedure” on page 287 of this Draft Red Herring Prospectus. 

All Bidders (other than Anchor Investors) shall mandatorily participate in this Offer through the Application Supported by Block Amount (“ASBA”) process, and shall provide details of their respective bank account in which the Bid Amount will be blocked by the SCSBs. Anchor Investors are not permitted to participate in this Offer through the ASBA process.

Horizon Management Private Limited is the Book Running Lead Manager (“BRLM”) to the Offer. 

The Equity Shares of Parth Electricals and Engineering Limited are proposed to be listed on Emerge Platform of NSE (NSE Emerge).

अमेरिकेतील ‘द कॅलिफोर्निया थिएटर’ मराठी कलाकारांच्या रेड कार्पेट एन्ट्रीसाठी सज्ज!

अमेरिकेतील ‘द कॅलिफोर्निया थिएटर’ मराठी कलाकारांच्या रेड कार्पेट एन्ट्रीसाठी सज्ज!

'नॉर्थ अमेरिकन मराठी फिल्म असोसिएशन' (नाफा)च्या मराठी चित्रपट महोत्सवाच्या उद्घाटनासाठी अवघे काही तास उरले असून, महाराष्ट्रातून दाखल झालेल्या निमंत्रित कलाकारांचे 'नाफा' परिवाराने जल्लोषात स्वागत केले आहे. आज, २४ जुलैच्या रात्री 'नाफा'चे संस्थापक - अध्यक्ष अभिजीत घोलप यांच्या सिलिकॉन व्हॅली येथील निवासस्थानी सर्व कलाकारांचा जंगी सत्कार करण्यात आला. या पूर्व-सांस्कृतिक संध्येला कलाकारांच्या उपस्थितीने रंगत आली असून, उत्सवाची बहारदार सुरुवात झाली आहे.

उत्तर अमेरिकेत मराठी चित्रपट लोकप्रिय व्हावेत आणि समृद्ध मराठी संस्कृतीचे दर्शन संपूर्ण अमेरिकेतील प्रेक्षकांना घडावे, या हेतूने 'देऊळ' आणि 'भारतीय' या चित्रपटांची यशस्वी निर्मिती करणारे राष्ट्रीय सुवर्णकमळ पुरस्कार प्राप्त निर्माते व यशस्वी उद्योजक अभिजीत घोलप यांनी ‘नाफा’ची स्थापना मागील वर्षी केली.त्यांनी सुरू केलेला हा उपक्रम आज एक मोठा सांस्कृतिक सोहळा ठरतो आहे. अभिजीत घोलप यांच्या मार्गदर्शनाखाली या भव्य महोत्सवाच्या यशस्वी आयोजनासाठी 'नाफा'चे सुमारे 100 - 150 स्वयंसेवक गेले काही महिने अथक परिश्रम घेत आहेत. 

आज, २५ जुलैपासून 'नाफा मराठी चित्रपट महोत्सव २०२५' ला सुरुवात होत असून, सलग तीन दिवस 'फिल्म एक्स्पो'चे आयोजन करण्यात आले आहे. पहिल्या दिवसाची सुरुवात भव्य आणि ग्लॅमरस ‘फिल्म अवॉर्ड नाईट’ने होणार आहे. या पुरस्कारांमध्ये 'नाफा जीवन गौरव  पुरस्कार' नेमका कोणत्या कलावंताला दिला जाणार? या विषयी विशेष औत्सुक्य निर्माण झाले आहे. 

हॉलिवूडमधील प्रतिष्ठित ‘द कॅलिफोर्निया थिएटर’मध्ये अंथरले गेलेले 'रेड कार्पेट', झगमगते कॅमेरे आणि प्रकाशझोतात आलेले मराठी कलाकार – या अविस्मरणीय दृश्यातून मराठी चित्रपटांची अमेरिका वारी किती प्रभावी ठरत आहे, हे स्पष्ट होते. 'नाफा'च्या या तेजस्वी 'फिल्म अवॉर्ड नाईट'मुळे संपूर्ण सॅ'न होजे' शहर उत्सवमय वातावरणात न्हालं आहे. हॉलिवूड नगरीने मराठी तारे-तारकांसाठी रेड कार्पेट अंथरून आपले स्वागताचे दार खुले केले आहे.

यंदाच्या महोत्सवात महाराष्ट्राचे सांस्कृतिक मंत्री ॲड. आशिष शेलार यांच्यासह डॉ. मोहन आगाशे, अमोल पालेकर, सचिन खेडेकर, महेश कोठारे, गजेंद्र अहिरे, अश्विनी भावे, सोनाली कुलकर्णी, संध्या गोखले, स्वप्नील जोशी, अवधूत गुप्ते, आदिनाथ कोठारे, वैदेही परशुरामी आणि मधुर भांडारकर यांसारख्या अनेक मान्यवरांची उपस्थिती राहणार आहे. या कलाकारांच्या स्वागतासाठी नाफा टीमचे पदाधिकारी आणि सदस्य - रिया ठोसर, अरुंधती दात्ये, अर्चना सराफ, डॉ. गौरी घोलप, अनूप निमकर, विनायक फडणवीस, वृषाली मालपेकर, योगी पाटील, लक्ष्मण आपटे, गौरी कुलकर्णी, निरंजन पागे, हर्षा, पूजा, निमा, मनीष आणि मानसी देवळेकर - यांच्यासह अमेरिकेतील शेकडो स्वयंसेवक, कलाकार आणि तंत्रज्ञ सज्ज झाले आहेत.

गेल्यावर्षी  पासून 'नाफा मराठी चित्रपट महोत्सव' कॅलिफोर्नियातील सॅन होजे शहरात मोठ्या उत्साहात साजरा होतो आहे. यंदा या महोत्सवाची दखल थेट अमेरिकेच्या संसद भवनाने घेतली आहे. अमेरिकेतील मराठी वंशाचे खासदार श्री. ठाणेदार यांनी नुकतेच संसदेच्या सभागृहात या महोत्सवाबद्दल गौरवपूर्वक माहिती दिली.

'अमेरिकन संसदेने घेतली 'नॉर्थ अमेरिकन मराठी फिल्म फेस्टिव्ह २०२५ ची दखल.

 'अमेरिकन संसदेने घेतली 'नॉर्थ अमेरिकन मराठी फिल्म फेस्टिव्ह २०२५ ची दखल.

*सॅन होजे, दि. २३ (प्रतिनिधी) :*नॉर्थ अमेरिकेत मराठी चित्रपटांना लोकप्रियता मिळावी आणि आपल्या समृद्ध मराठी संस्कृतीची महती संपूर्ण अमेरिकेतील लोकांना परिचित व्हावी याहेतून प्रसिद्ध उद्योजक आणि 'देऊळ' आणि 'भारतीय' या चित्रपटांचे निर्माते, सुवर्ण-कमळ राष्ट्रीय पुरस्काराने सन्मानित अभिजीत घोलप यांनी 'नॉर्थ अमेरिकन मराठी फिल्म असोशिएशन'ची (नाफा) स्थापना गेल्यावर्षी केली आहे. मराठी चित्रपट, कला संस्कृतीच्या माध्यमातून दर वर्षी अमेरिकेत मराठी चित्रपटांचा भव्य सोहळा अमेरिकेतील कॅलिफोर्निया राज्यातील सॅन होजे येथे आयोजित करण्यात येतो. या महोत्सवाची दखल अमेरिकेच्या संसदेने नुकतीच घेतली आहे. अमेरिकेतील मराठी खासदार श्री. ठाणेदार यांनी अमेरिकन संसदेतील सभागृहात या महोत्सवाची आणि आयोजक अभिजीत घोलप यांची माहिती दिली. संपूर्ण माहिती दिल्यानंतर त्यांनी नाफा साठी या मराठी खासदाराकडून खूप खूप शुभेच्छा असे मराठी म्हटले आहे.  

श्री. ठाणेदार संसदेत नाफा महोत्सवाबद्दल भाषण करताना पुढे म्हणाले, "मॅडम स्पीकर, 'नाफा' या संस्थेचा उगम मराठी चित्रपटांसाठी झाला आहे. नॉर्थ अमेरिकेत या संस्थेच्या कार्यातून मराठी चित्रपट, कला आणि महाराष्ट्रातील समृद्ध आणि विविधतेने नटलेल्या मराठी संस्कृती, परंपरांचे जतन आणि संवर्धन करण्याचे महान काम होत आहे. 'नाफा'च्या माध्यमातून अभिजित घोलप 'महाराष्ट्र' आणि 'नॉर्थ अमेरिके'साठी सांस्कृतिक दुवा ठरत आहेत, 'नाफा'साठी या मराठी खासदाराकडून खूप खूप शुभेच्छा."

हॉलिवूडच्या धर्तीवर मराठी चित्रपटसृष्टीला जागतिक वैभव मिळवून देण्यासाठी अभिजित घोलप यांच्या दूरदर्शी संकल्पनेतून उदयास आलेल्या 'नॉर्थ अमेरिकन फिल्म असोसिएशन' अर्थात 'नाफा'द्वारे मराठी चित्रपटांना अमेरिका-कॅनडामध्ये भव्य कॅनव्हास प्राप्त झाला आहे. हॉलिवूडच्या बेव्हर्ली हिल्सपासून अवघ्या काही मैलांवर असलेल्या ‘सॅन होजे’ येथे 'नाफा'चा यावर्षी तीन दिवसांचा अनोखा दैदिप्यमान सोहळा संपन्न होणार आहे. मराठी तारे-तारकांसोबत हॉलिवूडमधील दिग्गजांचीही उपस्थिती या महोत्सवात असणार आहे. 'स्नोफ्लॉवर', 'मुक्ताई', 'छबीला' प्रेमाची गोष्ट २ आणि 'रावसाहेब' या चित्रपटांचे नाफा महोत्सवात वर्ल्ड प्रीमियर होणार आहेत.

"नाफा फिल्म फेस्टिवल २०२५" च्या निमित्ताने येथील मराठी खासदार श्री ठाणेदार यांनी आमचे कार्य अमेरिकन संसदेच्या मार्फत प्रकाशमान केले आहे. आम्ही त्यांचे विशेष आभारी असून, त्यामुळे आमचा हुरूप अधिक वाढला आहे. कॅलिफोर्निया राज्यातील सॅन होजेचे महापौर मॅट महन, महाराष्ट्र राज्याचे सांस्कृतिक मंत्री ऍड. आशिष शेलार, अमेरिकेतील मराठी खासदार श्री. ठाणेदार आणि महाराष्ट्रातून या सोहळ्यासाठी खास येणाऱ्या सर्व कलावंतांच्या उपस्थितीमुळे हा सोहळा विशेष ठरेल." असे नाफाचे संस्थापक अध्यक्ष अभिजित घोलप म्हणाले. 

'नाफा'मध्ये यावर्षी २५ ते २७ जुलै रोजी सॅन होजे येथील 'द कॅलिफोर्निया थिएटर'मध्ये या भव्य मराठी चित्रपट महोत्सवाची सुरुवात होईल. २५ जुलैला 'फिल्म अ‍ॅवॉर्ड्स नाईट' रंगणार असून २६ व २७ जुलैला महोत्सवासाठी निवडलेल्या पाच  मराठी चित्रपटांचे 'वर्ल्ड प्रीमियर शोज', त्यासोबत १६ शॉर्ट फिल्म्सचे प्रीमियर, 'स्टुडंट्स सेक्शन', 'मास्टर क्लासेस', 'मीट अ‍ॅण्ड ग्रीट', 'लाईव्ह परफॉर्मन्सेस' आणि बरंच काही या महोत्सवात असणार आहे. सुप्रसिद्ध अभिनेते डॉ. मोहन आगाशे, अमोल पालेकर, सचिन खेडेकर, महेश कोठारे, अश्विनी भावे, संध्या गोखले, सोनाली कुलकर्णी, गजेंद्र अहिरे, स्वप्नील जोशी, अवधूत गुप्ते, आदिनाथ कोठारे, वैदेही परशुरामी आणि मधुर भांडारकर या प्रमुख सेलिब्रिटींची उपस्थिती असणार आहे. 'नाफा' महोत्सवासाठी अमेरिकेतील ‘बीएमएम’च्या ५७ महाराष्ट्र मंडळांचे सहकार्य लाभले आहे.

अभिनेता, निर्माता स्वप्नील जोशीच्या 'लिब्रा फिल्म्स' आणि अभिषेक जावकरच्या 'रेडबल्ब स्टुडिओज'चा नवा दमदार प्रवास सुरु

                            अभिनेता, निर्माता स्वप्नील जोशीच्या 'लिब्रा फिल्म्स' आणि अभिषेक जावकरच्या                           'रेडबल्ब स्टुडिओज'चा नवा दमदार प्रवास सुरु

स्वप्नील जोशी व अभिषेक जावकर एकत्र येत थ्रिलर चित्रपटाची करणार निर्मिती, लवकरच करणार घोषणा

दिग्दर्शक अभिषेक जावकर दिग्दर्शित 'रेड बल्ब स्टुडिओज एलएलपी'ने, अभिनेता स्वप्नील जोशी यांच्या नेतृत्वाखालील 'लिब्रा फिल्म्स एलएलपी'शी हातमिळवणी करत चित्रपट, टीव्ही कंटेंट, संगीत, सोशल मीडिया, जाहिरात, मार्केटिंग प्रमोशन आणि सर्जनशील प्रतिभेच्या जगात एक उत्तम भागीदारी निर्माण करण्यात यशस्वी ठरत आहे. या गतिमान युतीची सुरुवात मराठी चित्रपटांचा एक संच करत आहे, ज्याचा पहिला प्रकल्प एक भयानक थ्रिलर असून तो लवकरच प्रदर्शित होणार आहे. तेलुगू आणि मल्याळम सिनेविश्वात यशस्वीरित्या चित्रपटांची निर्मिती केल्यानंतर अभिषेक जावकरने मराठी चित्रपटसृष्टीत प्रवेश केला आहे. 

या सहकार्यातून नवीन कथाकथन, सिनेमॅटिक स्केल आणि प्रेक्षक-केंद्रित कथांचे मजबूत मिश्रण मिळण्याची हमी मिळते. या नवीन उपक्रमाबद्दल बोलताना अभिषेक जावकर म्हणाले, "तेलुगू आणि मल्याळम चित्रपटांमध्ये काम केल्यानंतर, मराठी चित्रपटसृष्टीत प्रवेश करणे हा एक नैसर्गिक विस्तार वाटतो. मराठी प्रेक्षक मजबूत कथाकथनाला महत्त्व देतात आणि स्वप्नीलच्या सर्जनशील अंतर्दृष्टीसह, आम्ही काहीतरी प्रभावी आणि मनोरंजक तयार करण्याचे ध्येय ठेवत आहोत". 

मराठी चित्रपटसृष्टीत आपल्या अभिनयाने छाप पाडणारा अभिनेता स्वप्नील जोशी पुढे म्हणाला, "निर्माता म्हणून, मी नेहमीच शक्तिशाली कथांकडे आकर्षित झालो आहे. अभिषेक आणि मी आमच्या सारख्याच असणाऱ्या दृष्टिकोनावर त्वरित जोडले गेलो. आकर्षक, मूळ आणि दृश्यदृष्ट्या समृद्ध असलेल्या सामग्रीला पाठिंबा देण्यासाठी आम्ही एकमेकांबरोबर आहोत. हा पहिला चित्रपट फक्त सुरुवात आहे".

सिनेमाच्या पलीकडे, या सहकार्याचे उद्दिष्ट डिजिटल शो आणि संगीत आयपींपासून ब्रँड कंटेंट आणि प्रमोशनल मीडियापर्यंत विविध स्वरुपे आणि प्लॅटफॉर्म एक्सप्लोर करणे आहे. वैविध्यपूर्ण, दर्जेदार अशा कथाकथना बद्दलची त्यांची वचनबद्धता बळकट करणे हा एक उद्देश्य आहे. कलाकार आणि शीर्षकासह पहिल्या चित्रपटाची अधिकृत घोषणा येत्या आठवड्यात केली जाईल. संपर्कात रहा - एक नवीन सर्जनशील अध्याय सुरु होणार आहे.

Painting Mumbai Green: MATTER AERA 5000+ Brings Geared Electric Riding to the City

 Painting Mumbai Green: MATTER AERA 5000+ Brings Geared Electric Riding to the City

Mumbai is always on the move. Fast, driven, and full of life, the city is built for momentum. Today, that movement takes a powerful new turn with the launch of the AERA 5000+—India’s first geared electric motorbike, now available in Mumbai.

The launch marks a major moment for MATTER, the electric mobility startup behind the AERA. After rolling out successfully in Delhi, Bengaluru, Ahmedabad, and Pune, the AERA has now arrived in India’s financial capital—a city known for setting trends, moving quickly, and embracing change with open arms.

Designed and built in India, the AERA brings HyperShift, a 4-speed manual gearbox developed specially for electric motorbikes. Riders can now enjoy the feeling of changing gears, something they’ve always loved in petrol bikes, with the smooth performance of an electric.

Priced at an introductory ₹1,93,826 (ex-showroom Mumbai), the AERA is available for bookings on www.matter.in. It reaches Mumbai just in time for the festive season—Ganpati, Dussehra, Diwali—when the city’s streets come alive with celebration, energy, and travel.

“Mumbai doesn’t slow down. It’s bold, quick-thinking, and always ahead. That’s why this city is special to us,” said Mohal Lalbhai, Founder & CEO, MATTER. “AERA is built with the idea that riding should be exciting and efficient. With our gearbox, a liquid-cooled engine, and smart features, it gives riders both fun and savings.”

The AERA 5000+ is also India’s first electric bike to come with a Lifetime Battery Warranty—giving Mumbaikars one less thing to worry about, whether they’re riding through weekday traffic or weekend getaways.

MATTER’s approach focuses on developing everything in-house—from the powertrain to the battery. This gives them full control over quality and performance. By keeping things local, MATTER is creating an electric motorbike that’s ready for Indian roads, weather, and riding styles.

To give riders a closer look, MATTER is also opening a new Experience Centre at Saki Naka Junction, Andheri. This space will allow people to test ride the bike, explore features, and get a feel for how the AERA performs—online and in person.

MATTER AERA – Shift. Twist. Thrill.

The AERA introduces a new way of riding—where electric meets gears, and technology meets control. Over 1,000 riders across India have already experienced the AERA through special experience rides. With its Mumbai launch, the electric journey continues in a city that truly understands the value of time, space, and style.

Key Features of the AERA 5000+:

●       HyperShift gearbox – 4-speed manual transmission with 3 ride modes, giving riders more control           and flexibility

●       Liquid-cooled powertrain – Keeps the motor running smoothly, even in hot or crowded conditions

●       Smart 7” touchscreen dashboard – Offers navigation, ride stats, music, and wireless updates

●       5kWh battery pack – Certified range of up to 172 km, IP67-rated for protection against water and            dust

●       Fast pick-up – Goes from 0 to 40 km/h in under 2.8 seconds

●       Safety and comfort – Dual disc brakes with ABS, dual suspension, and park assist

●       MATTERVerse mobile app – Includes live tracking, remote lock/unlock, ride history, and geo-                fencing

●       Smart key – Allows keyless starting and unlocking

●       Low cost to run – Just 25 paise per kilometre, saving up to ₹1 lakh over three years in city riding

Repono Limited IPO Opens on July 28, 2025

 Repono Limited IPO Opens on July 28, 2025

●        Total Issue Size - Up To 27,79,200 Equity Shares of ₹ 10 each

●        IPO Size - ₹ 26.68 Crore (At Upper Price Band)

●        Price Band - ₹ 91 - ₹ 96 Per Share

●        Lot Size - 1,200 Equity Shares

Repono Limited (The Company, Repono) is a specializes in providing comprehensive 360-degree warehousing and liquid terminal solutions, proposes to open its Initial Public Offering on Monday, July 28, 2025, aiming to raise ₹ 26.68 Crore (At Upper Price Band), with shares to be listed on the BSE SME platform.

Left to Right 

Manoj kumar Pandey CFO, Deepak MD, Jay Trivedi Wealth Mine network, Gaurav Bachani Non executive Director Wealth mine

The issue size is 27,79,200 equity shares at a face value of ₹ 10 each with a price band of ₹ 91 - ₹ 96 Per Share.

Equity Share Allocation

• QIB Anchor Portion - 7,92,000 Equity Shares
• Qualified Institutional Buyer - 5,28,000 Equity Shares
• Non-Institutional Investors - 3,96,000 Equity Shares
• Retail Individual Investors - 9,24,000 Equity Shares
• Market Maker - 1,39,200 Equity Shares

The net proceeds from the IPO will be utilized for capital expenditure towards the purchase of forklifts, hand pallet trolleys, reach stackers, setting up of warehouse racking systems, development of warehouse management software, working capital requirements, and general corporate purposes. The anchor portion will open on Friday, July 25, 2025 and issue will close on Monday, July 30, 2025.                                                                                      

The Book Running Lead Manager to the Issue is Wealth Mine Networks Private Limited, The Registrar to the Issue is Cameo Corporate Services Limited.

Mr. Dibyendu Deepak, Managing Director of Repono Limited expressed, “The launch of our IPO is a significant milestone in company’s journey. Over the years, we have built a strong foundation in India’s oil and petrochemical logistics space by consistently delivering reliable, safe, and efficient services. From managing high-volume liquid terminals to offering integrated warehousing and O&M solutions, our focus has always been on quality, compliance, and customer satisfaction.

This IPO represents more than just a capital raise — it is an opportunity to accelerate our growth, enhance operational capabilities, and deepen our presence in key markets. It will enable us to invest in advanced infrastructure, strengthen our technology backbone, and pursue strategic opportunities with greater agility.

We are delighted about this next phase and remain committed to creating long-term value for our investors, clients, and partners. With a clear vision, experienced team, and strong industry relationships, we look forward to shaping a more connected and efficient logistics future.”

CA Shashank Doshi, Chairman of Wealth Mine Networks Private Limited said, "We are pleased to be associated with Repono Limited as they take a significant step forward with the launch of their Initial Public Offering. Repono has established itself as a specialized service provider in India’s oil and petrochemical logistics space, offering integrated warehousing, terminal management, and O&M solutions.

India’s oil and petrochemical logistics sector is poised for strong, long-term growth, driven by rising industrial demand, increasing infrastructure investments, and a shift toward more organized, tech-enabled supply chains. The company is well-positioned to capitalize on these trends. This IPO will support the company’s long-term vision, enabling it to scale operations, enhance service capabilities, and further strengthen its position in this evolving and opportunity-rich industry."

About Repono Limited:

Repono Limited (The Company, Repono) is a specialized service provider offering 360-degree warehousing and liquid terminal solutions to India’s oil and petrochemical sector. Its services span consultancy, engineering, operations and maintenance (O&M), and value-added services, catering to top public and private sector enterprises.

Repono is a trusted O&M partner in the oil value chain, managing assets from crude oil and refined fuels to ethanol, petrochemical terminals, and specialty chemical warehouses. It operates India’s most advanced FFS polymer packaging lines and oversees Asia’s largest lube oil plant (IOCL, Chennai). Repono handles a wide range of materials—from melamine and carbon black to polymers (PP, HDPE, PVC) and specialty chemicals like phenol and acetone—ensuring safe, efficient operations across traditional and advanced packaging systems.

In FY25, The Company achieved a Revenue of ₹ 5,111.54 Lakhs, EBITDA of ₹ 813.31 Lakhs & PAT of ₹ 514.90 Lakhs.

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.

जसलोक हॉस्पिटल आणि अँजिनएक्स एआय यांनी महाराष्ट्रातील पहिले एआय-आधारित हृदयरोग प्रतिबंधक मॉडेल लाँच केले

 जसलोक हॉस्पिटल आणि अँजिनएक्स एआय यांनी महाराष्ट्रातील पहिले एआय-आधारित हृदयरोग प्रतिबंधक मॉडेल लाँच केले

लक्षणे दिसण्यापूर्वीच, फक्त ५ मिनिटांत हृदयरोगाचे निदान करण्याच्या दिशेने एक अग्रगण्य पाऊल

भारतातील मृत्यूचे प्रमुख कारण असलेल्या हृदयरोगाशी लढण्यासाठी एका ऐतिहासिक उपक्रमात, जसलोक हॉस्पिटल अँड रिसर्च सेंटरने भारतातील पहिले एआय-आधारित डॉक्टर असिस्टंट, अँजिनॅक्स एआय सोबत भागीदारी केली आहे. या भागीदारीअंतर्गत, महाराष्ट्राचे पहिले एआय-सक्षम हृदयरोग प्रतिबंधक मॉडेल लाँच करण्यात आले आहे. हे सहकार्य भारताच्या हृदयरोग प्रणालीला "विलंबित उपचार" पासून "वेळेवर प्रतिबंध" पर्यंत नेण्यासाठी एक मैलाचा दगड ठरत आहे. जसलोकच्या बाह्यरुग्ण विभागांमध्ये (ओपीडी) आता अँजिनॅक्स एआय तंत्रज्ञान सक्रिय आहे, ज्यामुळे डॉक्टरांना लक्षणे दिसण्यापूर्वीच काही सेकंदात हृदयरोगाचा धोका मूल्यांकन करण्याची क्षमता मिळते. ही प्रणाली वैज्ञानिक तथ्यांवर आधारित अहवाल प्रदान करते आणि प्रत्येक रुग्णासाठी वैयक्तिकृत जीवनशैली आणि उपचार योजना सुचवते. हृदयरोग लाखो भारतीयांना प्रभावित करतो आणि अनेकदा त्याचे निदान उशिरा होते, ज्यामुळे उपचार कठीण होतात. जसलोक हॉस्पिटल आणि अँजिनएक्स एआय यांचे हे मॉडेल रुग्ण जेव्हा पहिल्यांदा डॉक्टरांशी संवाद साधतो तेव्हापासून म्हणजेच ओपीडीपासूनच प्रतिबंध जलद, स्पष्ट आणि सुलभ करते.

पद्मभूषण पुरस्कार विजेते आणि जसलोक रुग्णालयातील कार्डिओलॉजी विभागाचे संचालक डॉ. अश्विन बी. मेहता म्हणाले, "अनेक दशकांपासून, कार्डिओलॉजीने नुकसान नियंत्रणावर लक्ष केंद्रित केले आहे. परंतु आता प्रगत एआयच्या मदतीने, आपण नुकसान सुरू होण्यापूर्वी जोखीम मूल्यांकन करू शकतो. हे मॉडेल केवळ नाविन्यपूर्ण नाही तर उपचारांच्या वेळापत्रकातही बदल करत आहे."

अँजिनॅक्स सिस्टीम २० हून अधिक महत्त्वाच्या क्लिनिकल आणि जीवनशैली निर्देशकांचे मूल्यांकन करते, ज्यामध्ये विस्तारित लिपिड प्रोफाइल, रक्तातील साखर, दाहक बायोमार्कर, चयापचय गुंतागुंत, कौटुंबिक इतिहास आणि जीवनशैली नमुने यांचा समावेश आहे. ही प्रणाली प्रमाणित भारतीय डेटावर आधारित एक संरचित अहवाल तयार करते ज्यामध्ये वैयक्तिक जोखीम मूल्यांकन, रुग्ण-विशिष्ट चाचणी शिफारसी आणि स्पष्ट, कृतीयोग्य उपचार आणि फॉलो-अप मार्गदर्शन समाविष्ट आहे.

जसलोक हॉस्पिटलचे वरिष्ठ हृदयरोगतज्ज्ञ डॉ. अजित देसाई म्हणाले, "अँजिनएक्स एआय सिस्टीम आपल्याला एका मिनिटापेक्षा कमी वेळात क्लिनिकल स्पष्टता देते आणि विशेषतः गर्दीच्या ओपीडीमध्ये अत्यंत मौल्यवान आहे. आता आम्ही अधिक रुग्णांना भेटू शकतो, शांतपणे विकसित होणारे धोके लवकर ओळखू शकतो आणि पहिली लक्षणे दिसण्यापूर्वीच त्यांना कारवाईसाठी मार्गदर्शन करू शकतो." जसलोक आणि अँजिनएक्स यांनी हे सुनिश्चित केले आहे की हा कार्यक्रम जलद, सुलभ आणि परवडणारा आहे, ज्यामुळे प्रतिबंध ही एक सामान्य प्रक्रिया बनली आहे, दुर्मिळ सेवा नाही. जसलोक हॉस्पिटल महाराष्ट्रात एआय-आधारित प्रतिबंध चळवळीचे नेतृत्व करत आहे.

जसलोक हॉस्पिटलचे सीईओ श्री जितेंद्र हरियान म्हणाले, "हे केवळ डिजिटल परिवर्तन नाही तर औषधांची वेळेवर अंमलबजावणी आहे. भारताच्या आरोग्यसेवा व्यवस्थेत या परिवर्तनाचे नेतृत्व करण्याचा आमचा हॉस्पिटलला अभिमान आहे. जेव्हा तंत्रज्ञान आणि औषध एकत्र येतात तेव्हा वेळेत जीव वाचवता येतात." 

जसलोक हॉस्पिटलचे डॉ. अश्विन बी. मेहता यांच्या नेतृत्वाखाली, कंपनी हा एआय-सक्षम कार्यक्रम " “Dil Fit, Life Hit” सुरू करत आहे जो दैनंदिन क्लिनिकल काळजीमध्ये हृदयरोग प्रतिबंधकता समाविष्ट करतो. हा कार्यक्रम डॉक्टरांना सक्षम बनवतो, ओपीडी पद्धतींमध्ये परिवर्तन आणतो आणि केवळ लक्षणे असलेल्या रुग्णांसाठीच नव्हे तर प्रत्येक रुग्णासाठी प्रतिबंधात्मक उपाय उपलब्ध करून देतो.” "या मॉडेलचा केपीआय सोपा होता: तो माझ्या स्वतःच्या आईवर काम करू शकेल का? आम्ही स्पष्ट निर्णय घेतला की जर तो तिच्यावर काम करेल तरच आम्ही तो रिलीज करू. पायलटमध्ये जाण्यापूर्वी आम्ही आमच्या आईवर त्याची चाचणी केली. ती चाचणी यशस्वी झाली आणि त्यामुळे आम्हाला पुढे जाण्याची खात्री मिळाली," तो म्हणाला.

अँजिनएक्स एआयचे संस्थापक नमन गोसालिया म्हणाले, "आम्ही एक अत्याधुनिक एआय वैद्यकीय प्रणाली तयार केली आहे जी कोणत्याही रुग्णालय किंवा क्लिनिकमध्ये सहज बसू शकते. अचूक जोखीम मूल्यांकन आणि वैयक्तिकृत उपचार शिफारसींद्वारे डॉक्टरांना हृदयरोगाची प्रगती रोखण्यास मदत करते. आमचे ध्येय डॉक्टरांच्या दिनचर्येत व्यत्यय न आणता प्रत्येक क्लिनिक, प्रत्येक रुग्णालय आणि भारताच्या प्रत्येक कोपऱ्यात प्राथमिक प्रतिबंध आणणे आहे."

ते पुढे म्हणाले, "जसलोक येथे हे लॉन्च करणे आणि त्यांच्या नेतृत्वाखाली महाराष्ट्रात अंमलात आणणारे पहिले असणे हे आमच्या सामायिक विश्वासाचे प्रतिबिंब आहे की लोकांना चांगले परिणाम मिळायला हवेत आणि प्रतिबंध भीती किंवा आर्थिक भार घेऊन येऊ नये. ही भागीदारी आम्हाला रुग्णांना प्रथम स्थान देण्यास आणि संपूर्ण भारतात हे ध्येय पुढे नेण्यास मदत करते."

जसलोक रुग्णालयात एआय आधारित स्क्रीनिंग सुरू झाले आहे. डॉक्टर आता जलद निर्णय घेण्यास सक्षम आहेत, विशेषतः अशा रुग्णांसाठी जे अन्यथा लक्षणे नसतानाही गंभीर स्थितीत पोहोचू शकतात.

Jaslok Hospital Partners with AnginaX AI to Launch Maharashtra’s First AI-Powered Heart Disease Prevention Model

Jaslok Hospital Partners with AnginaX AI to Launch Maharashtra’s First AI-Powered Heart Disease Prevention Model

A pioneering step to prevent heart disease in under 5 minutes - even before symptoms appear

In a landmark initiative that could redefine how India tackles its leading cause of death, Jaslok Hospital & Research Centre has partnered with AnginaX AI, India’s first licensed AI Doctor Assistant in cardiology, to launch Maharashtra’s first operational AI-powered heart prevention model.

This collaboration places Jaslok at the forefront of India’s shift from late-stage cardiac intervention to early, technology-driven prevention. The advanced AnginaX AI system, now deployed across Jaslok’s outpatient departments, enables doctors to assess cardiovascular risk in just seconds — using structured, science-backed reports that identify risk even before symptoms appear and recommend personalised lifestyle and treatment plans.

With heart disease affecting millions of Indians and often going undetected until it’s too late, this prevention model brings speed, clarity, and access to the very first point of contact: the OPD. “For decades, cardiology has focused on damage control,” said Padma Bhushan Awardee Dr. Ashwin B. Mehta, Director of Cardiology at Jaslok Hospital.“But with advanced AI, we can now assess who is at risk before damage begins. This is not just innovation, but reimagining the timeline of care.”

The AnginaX system evaluates over 20+ critical clinical and lifestyle-based indicators, including extended lipid profiles, blood sugar, inflammatory biomarkers, metabolic complexities, family history, and lifestyle patterns. Based on validated Indian data, the system generates a structured clinical summary that includes individualised risk stratification, investigation recommendations specific to each patient, and clear, actionable treatment and follow-up guidance.

“The AnginaX AI system gives us clinical clarity in under a minute — especially vital in high-volume OPD settings,” said Dr. Ajit Desai, Senior Cardiologist at Jaslok. “We’re now able to consult more patients, detect silent risks early, and guide people to act before their first symptom.” Recognising that cost and fear are often barriers to early checkups, Jaslok and AnginaX have ensured the program is fast, accessible, and affordable — making prevention routine rather than rare.

Jaslok Hospital Leads Maharashtra's AI-Driven Prevention Movement. “This isn’t just about digital transformation, but about medical timing,” said Mr. Jitendra Haryan, CEO of Jaslok Hospital. “Our hospital is proud to lead this change in India’s healthcare system. When technology and medicine work together, lives are saved earlier.”

Jaslok also launched AI-powered initiative “Dil Fit, Life Hit” under the leadership of Dr. Ashwin B. Mehta, bringing structured cardiovascular prevention into everyday clinical care. The program empowers doctors, transforms OPD practice, and makes prevention accessible to every patient — not just those with symptoms.

Naman Gosalia, Founder of AnginaX AI, added: “We’ve built an advanced AI medical system that fits seamlessly into any hospital or clinic, helping doctors halt the progression of cardiovascular disease through precision-led risk assessment and personalised treatment recommendations. Our mission is to bring primary prevention to every clinic, every hospital, every corner of India; without disrupting how doctors practice.”

“The KPI of this model was simple: could it work on my own mother? We made a clear decision that we would only release it if it worked on her. We tested it on our mother first before going into pilot. That trial was successful, and it gave us the conviction to move forward,” he said.

 “Launching it at Jaslok and having their leadership activate it first in Maharashtra; reflects a shared belief that people deserve better outcomes, and prevention should not come with fear, friction, or financial burden. This partnership helps us put the patient first and take this mission to scale across India.”

AI-based screening has already begun at Jaslok. Doctors are now taking swift, informed preventive steps, especially for patients who might otherwise remain undiagnosed until a critical event occurs.

Tanishq Celebrates A New Era of Sparkle Where Brilliance Meets Transparency

 Tanishq Celebrates A New Era of Sparkle Where Brilliance Meets Transparency

 

~ In partnership with De Beers to launch the Tanishq Diamonds Expertise Centre — putting knowledge and trust in the hands of every customer ~

 

Tanishq, India’s most trusted jewellery brand, in partnership with De Beers Group, has unveiled the first-ever Tanishq Diamonds Expertise Centre a first of its kind initiative that flips the script on long-held myths and redefines the diamond buying journey through trust, transparency, and technology. To mark the beginning of this new era of sparkle, Tanishq hosted an unforgettable evening that celebrated the spirit of the modern Tanishq Woman—empowered, self-assured, and uncompromising in her choices. The event was a tribute to her evolving identity and her refined eye for authenticity, craftsmanship, and meaning.

This industry-first initiative addresses a long-standing consumer need by introducing a transparent, in-store diamond evaluation process. Using cutting-edge tools, it simplifies the assessment of diamond quality and origin, offering real-time assurance and peace of mind to customers. With this bold step, Tanishq reaffirms its leadership in the jewellery space by setting a new industry benchmark for diamond transparency—empowering customers with clarity, confidence, and care throughout their buying journey. The launch event was a powerful reflection of Tanishq’s unwavering commitment to authenticity, education, and innovation, bringing to life its vision of transforming how India experiences natural diamonds.

The Tanishq Diamonds Expertise Centre introduces a multi-tool setup featuring five advanced devices that evaluate key aspects of a diamond — including light performance, origin, inclusions, and laser markings. By bringing this state-of-the-art evaluation process into the store, Tanishq has placed the power directly in the hands of the customer. No longer reliant solely on verbal assurances, customers can now see the science behind the sparkle for themselves, engaging in every step of the journey with clarity and confidence. Among these tools, the Lightscope measures a diamond’s light performance, which directly correlates to its sparkle — allowing customers to choose not just any diamond, but one that shines with exceptional brilliance. The SynthDetect guarantees authenticity by accurately distinguishing between natural and other alternatives, giving buyers complete peace of mind. By combining cutting-edge technology with expert guidance, Tanishq transforms complex gemological data into simple, visual insights — giving customers not just information, but true empowerment. This marks a powerful shift, from passive buying to informed choosing, where every diamond is selected with transparency, trust, and certainty.

To celebrate the launch of this industry-first initiative, Tanishq hosted a spectacular gala evening that brought the vision of the Tanishq Diamonds Expertise Centre to life in the most dazzling way. The event featured a curated exhibition of the brand’s most exceptional collections, including the rarest of rare Natural Diamonds crafted around the single gemstone, which is unique in nature. Each design is a singular masterpiece and one of its kind in the whole world. The Etheral Wonders collection offers an ultra-luxurious fusion of tradition and modernity. The Radiance In Rhythm collection is a masterclass in craftsmanship, from the superior quality of natural diamonds to the thoughtful design language and unique setting styles, which was launched at the global platform, the Paris Couture Week.

The star-studded celebration saw timeless icon like Sushmita Sen, along with the celebrated Indian actress Fatima Sana Shaikh and the effortlessly elegant Sapna Pabbi alongside industry leaders and diamond enthusiasts, grace the occasion adding glamour to an already brilliant night. The evening culminated in a striking fashion show where each creation lit up the runway, highlighting the artistry, precision, and storytelling behind Tanishq’s natural diamond collections. The show captured the past, present, and future of Tanishq Diamond’s journey, tracing its evolution in design, craftsmanship, and customer trust. More than just a display of exquisite jewellery, the celebration embodied Tanishq’s commitment to transforming the diamond buying experience — where every stone reflects rarity, brilliance, and timelessness.

Speaking on the occasion, Ajoy Chawla, CEO, Tanishq, Titan Company Ltd. said, “With the launch of the Tanishq Diamonds Expertise Centre, our aim is to set a new standard in natural diamond retail — one that goes beyond traditional display and transforms the buying journey into a transparent, educational, and truly immersive experience. By putting the power of information in our customers’ hands, we are enabling them to understand every facet of the diamond they choose — from its craftsmanship and sparkle to its origin and authenticity. At Tanishq, the customer is at the heart of every innovation, and this initiative is a bold step towards empowering them with real-time information through cutting-edge technology and expert guidance.”

Amit Pratihari, Managing Director, De Beers India further added, “Choosing a natural diamond is a deeply personal, emotional experience. Today we embark on a transformative chapter in jewellery retail—one that mirrors the essence of natural diamonds: Real, Rare, Responsible. At the De Beers Group, we are committed to empowering Tanishq stores with world-class diamonds‑expertise, ensuring Indian consumers receive a premier in‑store experience with cutting‑edge technology to authenticate every natural diamond, fostering trust and transparency”

                                                                                               --XX-- 

About Tanishq 

Tanishq, India’s most-loved jewellery brand from the TATA Group, has been synonymous with superior craftsmanship, exclusive designs and guaranteed product quality for over two decades. It has built for itself the envious reputation of being the only jewellery brand in the country that strives to understand the Indian woman and provide her with jewellery that meets her traditional and contemporary aspirations and desires. To stress on their commitment to offer the purest jewellery, all Tanishq stores are equipped with the Karatmeter, which enables customers to check the purity of their gold in the most efficient manner. The Tanishq retail chain currently spreads across 500+ exclusive boutiques in more than 300 cities. 

 

About De Beers Group

Established in 1888, De Beers Group is the world’s leading diamond company with expertise in the exploration, mining, marketing and retailing of diamonds. Together with its joint venture partners, De Beers Group employs more than 20,000 people across the diamond pipeline and is the world’s largest diamond producer by value, with diamond mining operations in Botswana, Canada, Namibia and South Africa. Innovation sits at the heart of De Beers Group’s strategy as it develops a portfolio of offers that span the diamond value chain, including its jewellery houses, De Beers Jewellers and De Beers Forevermark, and other pioneering solutions such as diamond sourcing and traceability initiatives Tracr and GemFair. De Beers Group also provides leading services and technology to the diamond industry in the form of education and laboratory services via De Beers Institute of Diamonds and a wide range of diamond sorting, detection and classification technology systems via De Beers Group Ignite. De Beers Group is committed to ‘Building Forever,’ a holistic and integrated approach for creating a better future – where safety, human rights and ethical integrity continue to be paramount; where communities thrive and the environment is protected; and where there are equal opportunities for all. De Beers Group is a member of the Anglo American plc group. For further information, visit www.debeersgroup.com.

 

SBI Life kicks-off IdeationX 2.0 from NMIMS, Mumbai, set to engage top 100 B-schools across India

                                        SBI Life kicks-off IdeationX 2.0 from NMIMS,                                                         Mumbai, set to engage top 100 B-schools across India

The unique initiative empowers students to drive innovations in life insurance sector

SBI Life Insurance, one of India’s most trusted life insurance companies, has launched the second edition of its flagship innovation initiative ‘IdeationX 2.0’. SBI Life’s IdeationX is a platform that empowers young talent to innovate and co-create solutions for real-world challenges in the life insurance industry. Now in its second edition, IdeationX 2.0 is encouraging promising talent from India’s top 100 B-schools to contribute meaningfully to the nation’s mission of ‘Insurance for All by 2047.’

IdeationX was launched as an exclusive initiative for B-Schools with the goal of fostering collaboration between the industry and the nation’s future business leaders. The second edition, promises to be significantly bigger, reaching out to Top 100 B-schools across India and engaging over 25,000 students. This initiative is not only providing a platform to encourage country’s innovative young minds but also provides a larger opportunity of contributing towards the growth of life insurance sector in the country.

As a part of this initiative, SBI Life launched its campus engagement drive on 15^th July 2025, starting with Narsee Monjee Institute of Management Studies (NMIMS), Mumbai. This engagement drive is set to cover other coveted B-schools across the country including IIM Lucknow, IIM Kozhikode, Xavier Institute of Management Bhubaneshwar among others. During this drive, the senior leadership of SBI Life Insurance including Mr. M. Anand, President & Chief Distribution Officer, SBI Life Insurance & Mr. Ravindra Sharma, Chief of Brand, Corporate Communications and CSR interacted directly with the students to exchange ideas and encourage participation. Through this engagement, the company aims to promote innovation at the college level, encouraging the development of ideas that could potentially shape the future of insurance industry and support the nation’s broader financial inclusion goals.

The registration window of the microsite https://sbilifeideationx.com/ is LIVE for the top 100 B-Schools and select undergraduate colleges of India.

Sharing his thoughts on the initiative, Mr. Ravindra Sharma, Chief of Brand, Corporate Communications and CSR, SBI Life Insurance, said, “Despite the growth in business numbers year-on-year, India’s overall insurance penetration remains less than 4%. As we move forward in our attempts to increase insurance penetration in the country, SBI Life believes that while technology, AI and innovation will be the key factors for growth, our focus through the IdeationX initiative is about generating scalable solutions created by young minds who are future leaders of the country.”

He further added, “With the theme of ‘Insurance for All’, Ideation X 2.0 is in effect liberating the ingenuity of India’s brightest minds, to ideate, innovate and co-create solutions for the nation’s aspiration of ‘Insurance for all by 2047’.  As we tap into 25,000 students from the country’s top 100 B-schools, we sincerely hope this opportunity to solve real-world challenges excites the young minds to participate wholeheartedly, unfettered by any real-world constraints.”

By creating opportunities for young professionals to engage with real-world challenges and contribute directly to the category’s growth, SBI Life is driving awareness, consideration, and future brand affinity among an influential demographic. The initiative is also a strategic step toward building deeper relevance and long-term trust with the younger customer base, who are beginning their financial journeys and shaping the economic future of the country.

About SBI Life Insurance:

SBI Life Insurance (‘SBI Life’ / ‘The Company’), one of the most trusted life insurance companies in India, was incorporated in October 2000 and is registered with the Insurance Regulatory and Development Authority of India (IRDAI) in March 2001.

Serving millions of families across India, SBI Life’s diverse range of products caters to individuals as well as group customers through Protection, Pension, Savings and Health solutions.

Driven by ‘Customer-First’ approach, SBI Life places great emphasis on maintaining world class operating efficiency and providing hassle-free claim settlement experience to its customers by following high ethical standards of service. Additionally, SBI Life is committed to enhance digital experiences for its customers, distributors and employees alike.

SBI Life strives to make insurance accessible to all, with its extensive presence across the country through its 1,110 offices, 26,355 employees, a large and productive network of about 240,304 agents, 60 corporate agents and 13 bancassurance partners with more than 41,000 partner branches, 141 brokers and other insurance marketing firms.

In addition to doing what’s right for the customers, the company is also committed to provide a healthy and flexible work environment for its employees to excel personally and professionally.

SBI Life strongly encourages a culture of giving back to the society and has made substantial contribution in the areas of child education, healthcare, disaster relief and environmental upgrade. In 2024-25, the Company touched over 50,000 direct beneficiaries through various CSR interventions.

Listed on the Bombay Stock Exchange ('BSE') and the National Stock Exchange ('NSE'), the company has an authorized capital of Rs. 20.0 billion and a paid-up capital of Rs. 10.0 billion. The AuM is Rs.4,480.4 billion.

For more information, please visit our website-www.sbilife.co.in and connect with us on Facebook, Twitter, YouTube, Instagram, and LinkedIn.

(Numbers & data mentioned above are for the year ended March 31, 2025)