Category: Business

Ahmedabad (Gujarat) [India], August 8: Sunlite Recycling Industries is engaged in the business of manufacturing of copper rods & wires, copper earthing wires, copper earthing strips, copper conductors, copper wire bars etc. through recycling of copper scrap, which has electrical and mechanical properties suitable for applications in power generation, transmission, distribution and electronic industries. Products are sold in 10+ States & Union territories. The company is poised for its initial public offering (IPO), with plans to raise INR 30.24 crores through the issuance of 28.8 lakh new shares. 

Copper is one of the most recycled metals, possessing qualities such as high tensile strength, high ductility, excellent creep and corrosion resistance, and high thermal conductivity. These properties enable the conservation of natural resources and mitigate associated pollution.

For its SME Initial Public Offering (IPO), Sunlite Recycling Industries has established a price band of Rs 100 to Rs 105 per share. The company’s shares will open for subscription on August 12, 2024 and closes on August 14, 2024. These will be listed on the NSE SME, with a projected listing date of Tuesday, August 20, 2024.

Hem Securities Limited is the book-running lead manager of the Sunlite Recycling Industries IPO, while Cameo Corporate Services Limited is the registrar. Hem Finlease is the market maker for the Sunlite Recycling Industries IPO.

The issue proceeds will be utilized to fund capital expenditures towards the installation of new Plant and machinery, repayment of certain borrowings availed by the company and general corporate purposes.

On Friday, August 16, 2024, the shares for the Sunlite Recycling Industries IPO are anticipated to be allotted, and on Monday, August 19, 2024, the shares will be credited to the demat account of the allottees. The IPO comprises 50% of the net issue for QIB, 35% for retail investors and 15% of the net issue for the NII segment.

Retail investors need to contribute a minimum of Rs 1.26 lakh considering the minimum lot size for an application is 1200 shares. For HNIs, the minimum bidding size is two lots, or 2400 shares, for a total investment of Rs 2.52 lakh at the upper price band.

Sunlite Recycling Industries Limited’s Revenue stood at Rs. 1,166.27 Crores and EBITDA at Rs. 18.36 Crores for the FY-24.

Sunlite Recycling Industries product portfolio offers a diversified product range that includes a variety of grades, thicknesses, widths and standards in all types of copper products according to customer specifications. The company currently has a registered office and manufacturing facility in Kheda, Gujarat, with a total area of approximately 12,152 square metres and over 20 machines for manufacturing a wide range of copper products.

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New Delhi (India) August 8: We are excited to announce the “Global Entrepreneurship Honor and Award 2024” to honour and celebrate the remarkable achievements of entrepreneurs, business leaders, and trailblazers in collaboration with Business Connect Magazine. With the ultimate goal of honouring the incredible efforts and breakthroughs from the corporate realm, Corporate Connect Magazine has created a distinguished stance for itself.

The high-quality content in Corporate Connect demonstrates the 4,000 business luminaries through over 7,000 pages on digital platforms. Our content is expertly crafted to showcase the incredible achievements of key executives and the companies that make our magazine a reputed name in the media industry.

Below, we have created a list of the latest recognitions that have honoured a few business tycoons and notable brands.

Smart Investment

Dilip K. Shah (Director and CMD), Siddharth Shah (CEO and Director), and Het Zaveri (COO and Director).

Category: Impact Recognition: People’s Choice Financial Newspaper To Watchout-2024

Established in 2000, Smart Investment is a renowned financial weekly newspaper from Ahmedabad. It is a part of Archi Publishing, a division of Archi Finmark and Communications Ltd. Envisioned to be a leading firm in the stock market for weekly and midweek updates of the stock market, the Smart Investments digital portal gets more than 20,000 hits daily.

My Holiday Happiness

Yellosa Khoday (Proprietor)

Award Category: Impact Recognition: India’s Highly Trusted Tours & Travels Agency To Watchout-2024

A pioneer in the tourism sector, My Holiday Happiness offers a range of premium services, from accommodation to a hotel to bringing quality and healthy food to your tour. It came into existence in 2018 in Bangalore and has a team of trusted drivers, experienced tour guides, and other professionals dedicated to satisfying customers.

iFlame NLP Training Institute

Ridhima Dua (Founder and Lead Trainer)

Impact Recognition: Globally Acclaimed Women Entrepreneurs, Training, and Coaching, 2024

Counted among the best NLP Trainers in India, Ridhima Dua has created a distinctive position for herself. She is the first Indian woman ITCA approved New Code NLP Trainer, challenging her own beliefs and limitations. With her initiative, Ridhima is bringing amazing changes in human behavior and helping people connect with their innate power.

Cadila Pharmaceuticals Limited

Dr. Rajiv I. Modi (Chief and Managing Director)

Award Category: Impact Recognition: Globally Acclaimed Pharmaceutical Brand To Watchout 2024

Cadila Pharmaceuticals Limited is one of the largest pharmaceutical companies in India, with 45+ therapeutic areas spread across 12 specialities. Headquartered in Ahmedabad, the company develops a varied range of pharmaceutical products in India and sells these products in over 100 other nations across the world. Its other manufacturing facility is located in Samba, Jammu and Kashmir.

iCabs Transport Private Limited

Mohamed Asif Hussain (Director)

Award Category: Excellence in Corporate Transport: India’s Top Transport Service Providers of 2024

The largest transportation company in Telangana for corporate employees, iCabs Transport Private Limited, was founded in 2008. It is working on its mission to offer timely and professional transfer service with more than 1500+ vehicles in and around Hyderabad. The company has a dedicated team of experts in frontend and backend, striving to keep the company at the forefront.

Niyogin Fintech Limited

Tashwinder Singh (CEO and Managing Director)

Award Category: The Most Promising Financial Services Providers in India—2024

Niyogin Fintech Limited is a distinctive early-stage public-listed company in India. It is a creative vision of two friends, Amit Rajpal and Gaurav Patankar, working as one solution to meet the financial and non-financial needs of MSMEs. The vision of Niyogin is to democratize finance, catering to the underserved segments of the economy.

Microgrid Technologies Pvt. Ltd.

Ananth Raj (Chief Product Officer)

Award Category: Impact Recognition: Highly Regarded Technology Company to Watch Out Globally, 2024

Microgrid Technologies Pvt. Ltd., an award-winning, ISO 9001-certified company,  offers sophisticated conversational AI technologies like voice virtual agents, forend portals, and other automation solutions for the healthcare segment. Envisioned to redefine conversational experiences, Microgrid is an end-to-end healthcare-focused solutions provider. It is presently thriving under the leadership of Ananth Raj, Chief Product Officer.

Eppeltone Engineers Pvt. Ltd.

Rohit Chowdhary (Director)

Award Category: Most Recommended Energy Meter Manufacturers in India 2024

Eppeltone Engineers Pvt Ltd, founded in 1977, began its journey by manufacturing switch-mode power Supplies for Personal Computers for other electronic devices. Presently, it has diversified its manufacturing facilities and features AVR, UPS, MCBs, and transducers with a 36,000-square-foot manufacturing facility in Greater Noida, UP. The company holds CMMI Level III accreditation and certifications like ISO 91, 140001, and 27001.

Bikanervala Foods Pvt. Ltd.

Kush Aggarwal (HOD, Marketing)

Best Ready-to-Eat Food and Beverage Brand in India, 2024

Established in 1988, Bikanervala Foods Pvt. Ltd. is a renowned name for a varied range of food products. Over the years, the company has revolutionised its products through innovative technologies and developed into a full-fledged processing food industry. Kush Aggarwal, HOD, of Marketing, is playing a significant role in taking the company to new heights.

Tech IT Cloud Solutions Pvt Ltd.

Basant Kumar (Director)

Award category The Best Performing Cyber Security Solution Providers 2024

Tech IT Cloud Solutions Private Limited was established on August 24, 2022. As a non-government company, it is registered with the Registrar of Companies (ROC) in Delhi. Tech It Cloud Solutions specialises in various computer-related operations, such as website maintenance and the creation of multimedia presentations for other businesses.

Neuailes Global Technologies Pvt Ltd .

Shankar Suman (Co-Founder) and Tarun Arora (Co-Founder & CTO) 

The Most Trusted Cyber Security Companies to Watch 2024

Neuailes enriches and secures customers’ experiences. The company specializes in safeguarding and optimizing communication in the cyber digital era, ensuring both internal and external communications are protected. Furthermore, Neuailes enhances customer acquisition efforts by providing tools to amplify and manage communication effectively.

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Surat (Gujarat) [India] August 8 : Sakhiya Skin Clinic, stands as India’s leading skincare chain, dedicated to offering unparalleled skin care and cosmetic services. With a legacy of over 25 years, this clinic has become synonymous with quality and guaranteed results, having treated more than 5.5 lakh satisfied patients.

The clinic boasts a highly qualified team of experienced dermatologists and assistant doctors, providing a comprehensive range of services, including Acne and Pimple Treatment, Acne Scar Removal, Laser Hair Removal, Pigmentation Treatments, Fillers, Skin Rejuvenation, Anti-Aging, Organic Peeling, Skin Tightening, Tattoo Removal, Pre-Bridal Packages, Cosmetic Plastic Surgeries, Hair Fall and Thinning Treatments, and Hair Transplants. The use of USFDA-approved technology and international treatment methods ensures safe and effective outcomes.

Founded in Surat in 1998 by Dr. Jagdish Sakhiya, a pioneer in aesthetic and cosmetic dermatology, Sakhiya Skin Clinic has grown to 30 branches across India. With 8 clinics in Surat alone and 5 clinics in Ahmedabad, Sakhiya Skin Clinic also has multiple branches in cities like Jaipur, Rajkot, Mumbai, Delhi, and Pune. The clinic’s presence continues to expand with upcoming branches in Nagpur, Udaipur, Bangalore, Indore, Hyderabad, Adani Shantigram, Jamnagar, Bhavnagar, and Noida.

Dr. Jagdish Sakhiya, a respected authority in cosmetic dermatology, has received advanced training in various international locations, including Australia, Paris, the USA, Dubai, Greece, Malaysia, and Israel. His extensive expertise and commitment to excellence are reflected in the clinic’s mission to provide world-class, cutting-edge dermatological and cosmetological services.

The clinic’s mission statement emphasizes patient safety and satisfaction, adhering to international standards and norms. The rise in demand for aesthetic medicine services has led Sakhiya Skin Clinic to embrace minimally invasive procedures, ensuring safety, effectiveness, and minimal disruption to daily routines.

Sakhiya Skin Clinic is committed to promoting equal opportunity and diversity, ensuring accessible and responsive healthcare services for all communities. Their dedication to excellence, dignity, respect, fairness, and equality has established the clinic as a trusted name in dermatology and cosmetology.

With a well-connected network, Sakhiya Skin Clinic is almost always in your neighborhood, ready to enhance your natural attributes and help you achieve your desired look. For more details, reach out to their toll-free number: 1800-1200-70000.

New Delhi (India) August 8 :  Getting around stock research and picking the right one at the right price can be intimidating, especially for first-time investors who are fearful to stay invested during all market cycles. Meet Invostock.ai™, a revolutionary AI-powered platform on a mission to make investing accessible and easy for every Indian household. 

Founded in 2024, this Delhi head-quartered bootstrapped startup Invos Research & Technology Pvt. Ltd., A SEBI-registered research entity, is solving a game-changer problem for every individual interested in starting an investing journey just sitting at home. “The Indian stock market holds immense potential, but many people feel excluded due to a lack of knowledge and not being able to research,” says the co-founder of Invostock.ai. “We believe everyone deserves the opportunity to participate in wealth creation.”

Invostock.ai India’s First HAIX Platform

Invostock.ai stands out with its unique HAIX (Human-AI Experience) platform. This innovative system combines the power of artificial intelligence with human expertise to deliver insightful equity research and stock opportunities.

“Our AI algorithms analyze vast amounts of signals worldwide to identify trends and uncover hidden opportunities in picking the right stocks at the right time,” explains the co-founder of Invostock.ai. “However, the human touch remains mandatory. Our team of experts curates the information to make sure it reflects investor needs and market realities.” The investment research platform caters to all investor segments, from young traders, homemakers, and working professionals to seasoned HNIs. Here’s a glimpse into their offerings:

• AI-powered Stock Recommendations: Get real-time price target analysis to help filter the best stocks with a riskometer.
• Equity Research for Long-Term Investors: Access in-depth research reports to make informed decisions.
• Well-Researched Baskets for Investment Research and Portfolio Creation: Discover in-house curated baskets of stocks that complement investment strategies.
• Thematic Screeners: Stay ahead of the curve with real-time thematic screeners to help you filter investing opportunities.

Free Portfolio Analysis via DIY Research

Invostock.ai gives investors authority through a DIY (Do-It-Yourself) approach. Investors can request free portfolio-based reports and do self-research independently. This fosters financial literacy and allows users to choose investments with assurance, with decisions backed by our AI indicators.

Within a month of launching, Invostock.ai has already garnered over 5,000 users, a testament to the platform’s value proposition. With its user-friendly interface, powerful AI technology, and commitment to empowering investors, the platform is poised to revolutionize how individuals participate in wealth creation.

For more information, please visit: https://app.invostock.com

Disclaimer: Investing in stocks and mutual funds involves market risk. Please read all scheme-related documents carefully before investing.

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Mumbai (Maharashtra) [India], August 8:  Mumbai-based Mayukh Dealtrade Limited, a BSE listed firm (BSE: 539519) engaged in manufacturing of various kinds of burners, has announced robust financial results for the quarter ended on 30^th June, 2024. For the Q1FY25, the company has reported a net profit of Rs. 33.77 lakh, a sharp increase of 327.46% compared to Rs. 7.90 lakh net profit reported in the same period previous financial year. Mayukh Dealtrade’s net sales / income from operation were reported at Rs. 69.59 lakh in Q1FY25, increased from Rs. 58.69 lakh in Q1FY24, an increase of 18.57%.

• In FY23-24, Net Profit rise 101% Yo-Y to Rs. 1.19 crore; Net Sales up 60.57% to Rs. 3.55 crore
• Reports robust business and financial performance for the period ending June 30, 2024

Consolidated Financial Highlights (Rs. Lakh)  

Commenting on the performance of the company, Mr. Mit Brahmbhatt, Managing Director, Mayukh Dealtrade Ltd said, “We are overwhelmed with the performance of our team in Q1FY25. The results are in-line with our expansion and growth plans. The company is growing stronger, healthier, and reaching new heights. Our stakeholders’ faith and confidence have been critical fuel in our never-ending journey of steady growth and improvement. We aim to continue the pace of growth and further concrete our position in the market.”

For the financial year 2024, the company had reported a Net Profit of Rs. 1.19 crore, as compared to net profit of Rs. 59.23 lakh, resulting an increase of 101% Y-o-Y. For the year ended on 31^st March, 2024, the company’s income from operations / net sales rise 60.57% to Rs. 3.55 crore as compared to net sales of Rs. 2.21 crore in FY2023.

The global electrical equipment market reached a value of nearly $1,180.0 billion in 2020, having increased at a compound annual growth rate (CAGR) of 3.1% since 2015. The market is expected to grow at a CAGR of 7.1% from 2020 to reach $1,662.7 billion in 2025. The global electrical equipment market is expected to reach $2,248.2 billion in 2030, at a CAGR of 6.2%.

“While energy policies have led to efficiency gains, especially for major household goods such as refrigerators and televisions, small appliances and consumer electronics are not aligned with global climate goals and continue to be unregulated in most countries. Expanded policy coverage and increased stringency are needed in all countries”, believes Mr. Brahmbhatt

Growth in the historic period resulted from economic growth in emerging markets, favourable government initiatives, and technological advances. Factors that negatively affected growth in the historic period were political uncertainties and geopolitical tensions, and volatile metal prices. Going forward, innovations in electrical equipment, rising investments in energy efficient infrastructure, and appropriate government initiatives will drive growth.

The electrical equipment market is segmented by type into electric lighting equipment, household appliances, power generation, transmission and control equipment, batteries, wires and cables. The power generation, transmission and control equipment market was the largest segment of the electrical equipment market segmented by type, accounting for 38.2% of the total in 2020. Going forward, the batteries segment is expected to be the fastest growing segment in the electrical equipment market, at a CAGR of 9.1% during 2020-2025.

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Toronto (ON) [Canada], August 8:  SkyTrust, a known name in the digital industry, is bringing in The SkyTrust Network, a data-driven platform designed exclusively for BDMs worldwide. This network provides BDMs with top-notch tools, insights, and resources, that’ll ultimately help them drive growth and success. 

The SkyTrust Network is pushing the “platform working culture” – something that never existed before. Apparently, the platform stands out as a comprehensive digital ecosystem that empowers BDMs to navigate the complexities of today’s dynamic environment. With a primary focus on enhancing efficiency and delivering actionable intelligence, the Network is set to become an indispensable asset for BDMs aiming to excel in their existing roles.    

Features that make SkyTrust Network standout 

• Platform Culture: The SkyTrust Network offers a culture that promotes the concept of “digital nomads” – meaning you get to work from wherever you want, whenever you want. 
• Advanced Analytics and Insights: SkyTrust Network is powered by cutting-edge analytics tools that offer deep insights into market trends and competitive landscapes. 
• Resource Hub: The network houses a comprehensive resource hub featuring industry reports, case studies, and best practices, ensuring BDMs have unlimited access to the latest strategies. 
• Customized Dashboard: SkyTrust Network offers a feature-packed dashboard that allows BDMs to track their performance, monitor key metrics, and stay on top of their priorities. 
• Seamless Integration: It integrates seamlessly with existing CRM systems, ensuring a smooth and efficient workflow for BDMs.

“At SkyTrust, we are all about digital transformation. The launch of SkyTrust Network marks a significant milestone in our quest to empower business development professionals with the tools they always needed to thrive in this ever-evolving industry,” said Prabhjot Rajput, Co-founder & Director at SkyTrust IT Solutions. “We believe that this platform will revolutionize how BDMs approach their roles, fostering innovation, collaboration, and growth,” said Anshul Bhardwaj, Co-founder at SkyTrust IT Solutions. 

As businesses continue to find their way to the top in this over-competitive market, SkyTrust Network acts as a beacon of innovation and support for BDMs looking forward to making a significant contribution. With its launch, SkyTrust stands to its commitment to empowering professionals with the technology and resources they need to succeed. 

Visit SkyTrust Network’s official website to learn more about its features. 

About SkyTrust

SkyTrust has a global reputation for digital transformation. The company is known to be ranked among the prominent leaders in the industry with a dominating presence in North America, EMEA, APAC, and India. This latest innovation exemplifies the promising future of business transformation.

Contact Info:

Name: Anshul Bhardwaj & Prabhjot Rajput

Email: Send Email

Website: https://skytrust.ca/ & https://skytrustit.com/

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New Delhi (India), August 8: Livewire Experiences is delighted to announce its grand foray into the world of exclusive wedding management with the launch of RoyKapur Wedding Co., a boutique wedding event management agency that will bring a touch of Luxury, Sophistication & Glamour to the wedding industry. With a legacy of over two decades in corporate event management, Livewire Experience has carved out a formidable reputation for delivering high-quality, impactful experiences and events, from intimate ceremonies to grand celebrations. Now, with RoyKapur Wedding Co, “we are set to redefine the landscape of exclusive weddings, blending our expertise with creativity, elegance, and a personalized touch” says Priyanka Roy Kapur

RoyKapur Wedding Co. is founded by Priyanka & Raghav Roy Kapur, two business leaders who bring a wealth of experience and creativity. Raghav Roy Kapur, the Founder and Director of Livewire, has been instrumental in steering the company to its current heights.

“From the very beginning, I have always been passionate about creating memorable experiences,” says Priyanka Roy Kapur, Co-founder and Director of Livewire Experiences. “Having spent years perfecting the art of corporate events across geographies, the natural progression for us was to bring that same level of operational excellence and attention to detail to weddings. We want to create weddings that are not just events, but grand, unforgettable experiences that tell a story.”

Destination weddings have become increasingly popular, with couples seeking unique, picturesque locations to celebrate their special day. According to recent industry analytics, the destination wedding market has seen a significant surge, with over 350,000 destination weddings taking place each year globally. These weddings offer an intimate, immersive experience that combines travel, opulence & celebrations, making them a favored choice for couples looking to create lasting memories. RoyKapur Wedding Co. is perfectly positioned to cater to this growing demand, offering bespoke wedding planning services that ensure every detail is meticulously curated and tailored.

At RoyKapur Wedding Co., each wedding is a resplendent masterpiece, where unparalleled expertise in intricate logistics ensures every detail unfolds with effortless grace. Their dedication to sublime hospitality enriches every guest’s experience, offering curated amenities and exceptional service to create an ambiance of warmth and elegance. Partnering with acclaimed performers and renowned chefs, RoyKapur Wedding Co. elevates celebrations with refined sophistication and joy. Their artistry in storytelling seamlessly integrates personal narratives into every facet, while their comprehensive services orchestrate a flawless and lavish experience. From exquisitely designed invitations to immersive activities, they craft unforgettable moments that leave a lasting impression on all who attend.

“When we think about destination weddings, we envision creating a seamless blend of the local charm of the destination and the unique taste of the couple,” Priyanka explains. “Our goal is to make the planning experience as enjoyable and exciting as the wedding itself, working closely with couples to design & orchestrate a wedding that reflects their personality and culture, offering their guests an experience to treasure. As a former corporate trailblazer turned creative visionary, Priyanka’s journey into the world of wedding planning is as inspiring as it is unique. Her diverse background in HR, sales, and marketing at prestigious brands coupled with her passion for theatre, elocution, and dance, makes her the perfect leader to spearhead this new venture.

“We wanted to bring something fresh and innovative to the wedding industry,” Priyanka shares. “RoyKapur Wedding Co. is all about creating luxurious, elegant, and experiential weddings that are also deeply personal and reflective of the couple’s journey. We combine our extensive network of distinguished vendor partners, designers, culinary specialists, and curated entertainment with our creative flair to design weddings & celebrations that are truly spectacular.”

Priyanka’s personal touch extends beyond the professional realm. Known for her amiable nature and radiant energy, she brings a sense of warmth and approachability to her interactions with clients. “I believe in the power of personal connections,” she says. “It’s not just about planning a wedding; it’s about understanding the couple, their dreams, and their vision. Each wedding is a new story, and I feel honored to be a part of their journey.

As Priyanka steps into this new venture, her extensive background in corporate event management and passion for creative storytelling bring a unique perspective to the wedding industry. Her leadership at RoyKapur Wedding Co. aims to redefine luxury weddings with a personal touch and a commitment to excellence.

With RoyKapur Wedding Co., couples can expect a thoughtfully curated experience that surpasses conventional celebrations. “We focus on crafting experiences that resonate deeply and leave a lasting impression,” Priyanka concludes. “Our mission is to transform each wedding into an unforgettable celebration reflecting the essence of the couple’s journey.”

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