Category: Business

  • Aprameya Engineering IPO To Open On 25th July, Sets Price Band at Rs 56 to Rs 58 Per Share

    Aprameya Engineering IPO To Open On 25th July, Sets Price Band at Rs 56 to Rs 58 Per Share

    Ahmedabad (Gujarat) [India] July 20 : Incorporated in September 2003, Aprameya Engineering Limited is engaged in Healthcare Infrastructure & supply of need based high value medical equipment like installation, set up & maintenance of Intensive Care Units (ICU), Neonatal Intensive Care Units (NICU), Pediatric Intensive Care Units (PICU), Operation Theatres, and prefabricated structure wards in hospitals and medical care centres. The company is poised for its initial public offering (IPO), with plans to raise INR 29.23 crores through the issuance of 50.4 lakh new shares.

    For its SME Initial Public Offering (IPO), Aprameya Engineering Limited has established a price band of Rs 56 to Rs 58 per share. The company’s shares will open for subscription on Thursday, July 25, 2024 and closes on Monday, July 29, 2024. These will be listed on the NSE SME, with a projected listing date of Thursday, August 1, 2024.
     
     Company has revenue from operation of Rs. 65.62 Crores with 10.07% EBITDA Margin and 5.30% PAT Margin. 71% Revenue contribution from healthcare infra projects for the period FY 2024.

     It has earned Rs. 235 Cr+ from healthcare infrastructure projects during FY21 to FY24 and installed 2000+ Critical Care beds since 2020. It has PAN India customer reach including Private Hospitals, AIIMS, Government Hospitals, Medical practitioners, Diagnostic centers etc. In FY-23, Company has successfully set up, installed, and commissioned 175 dialysis centers across Rajasthan in government run hospitals, with a project value of INR 31.43 crores.

    Since 2020, the company has been setting up ICUs and operation theatres and has installed around 2000 critical care beds, including ICUs, NICUs, and PICUs, Modular operation theatres are being established throughout the state of Rajasthan. The company has four warehouses: two in Memnagar, Ahmedabad, one in Prahladnagar, Ahmedabad and the fourth one on Ashram Road, Ahmedabad.

    Hem Securities Limited is the book running lead manager of the Aprameya Engineering IPO, while Link Intime India Private Ltd is the registrar for the issue.

    The issue proceeds will be utilized to meet working capital requirements (including augmentation on Long-Term Working Capital) and general corporate purposes.

    On Tuesday, July 30, 2024, the shares for the Aprameya Engineering IPO are anticipated to be allotted, and on Wednesday, July 31, 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 1.16 lakh considering the minimum lot size for an application is 2000 shares. For HNIs, the minimum bidding size is two lots, or 4000 shares, for a total investment of Rs 2.32 lakh at the upper price band.

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  • CleanCarbon: The Lifeline for Indian Steel and Aluminium Exporters Navigating CBAM

    CleanCarbon: The Lifeline for Indian Steel and Aluminium Exporters Navigating CBAM

    New Delhi (India), July 19 : The European Union’s Carbon Border Adjustment Mechanism (CBAM) has sent ripples of concern through India’s steel and aluminum exporters. This new tax, designed to level the playing field on carbon emissions, has left many businesses scrambling to understand and comply with complex regulations.

    Enter CleanCarbon.ai, the brainchild of IIM Ahmedabad alumni Nilesh Bhattad and Rashmi Bhattad. Born from a passion to empower Steel & Aluminium exporters, this India-based company has emerged as a beacon of hope, simplifying the daunting task of CBAM reporting and compliance.

    Aluminum Exporter Success Story: A Small Wire Exporter Takes on Europe

    Take, for instance, Rajesh Gupta ,a small aluminum wire exporter from Pune, who was on the brink of losing a lucrative contract with Italy due to CBAM hurdles.

    CleanCarbon.ai stepped in, guiding the exporter through the Challenges of regulations, ensuring compliance, and ultimately saving the deal. This is just one of many success stories highlighting the company’s dedication to supporting small businesses.

    More Than Just Reporting

    CleanCarbon.ai’s services go beyond mere report generation. It offers consultation ,complete Hand holding and its AI based software Platform, empowering exporters with the knowledge and tools needed to navigate the ever-evolving landscape of carbon regulations. Its expertise extends to steel and aluminum industries, and also cement ,fertilizers, and the Energy sector ensuring tailored solutions for each CBAM affected sector.

    A Global Reach with Indian Roots

    With offices in Silicon Valley in USA, Dubai, and Pune and Its CBAM consultants network Pan India, CleanCarbon.ai boasts a global footprint while remaining deeply rooted in India. Its commitment to fostering sustainability and fair trade practices has earned them the trust of hundreds of clients worldwide and they have successfully delivered more than 100 CBAM reports in the last 6 Months. 

    A Vision for a Sustainable Future

    “Our mission is to make sustainability accessible to all businesses,” says Nilesh Bhattad, CEO of CleanCarbon.ai. “We believe that by simplifying CBAM compliance, we can empower Indian exporters to thrive in the global market while contributing to a cleaner, greener future.”

    The Road Ahead

    As the CBAM landscape continues to evolve, CleanCarbon.ai remains at the forefront, constantly updating their services to meet the changing needs of exporters. Its dedication to sustainability, combined with their passion for empowering Indian businesses, makes them an invaluable partner for anyone looking to navigate the complex world of CBAM regulations.

    For more information on how CleanCarbon.ai can help your business, visit its website https://cleancarbon.ai or contact its team on WhatsApp at +919529744969 or nb@cleancarbon.ai directly. Don’t let the CBAM become a roadblock to your success. Join the hundreds of businesses who have already benefited from CleanCarbon.ai’s expertise and take the first step towards a sustainable and profitable future.

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  • Co-founder Shuvro Ghoshal Steps Down From The Bridge After Six Years

    Co-founder Shuvro Ghoshal Steps Down From The Bridge After Six Years

    New Delhi (India), July 19: TB Sports Network Pvt. Ltd, the parent company of The Bridge, has announced a pivotal leadership transition. Co-founder and Director Shuvro Ghoshal has resigned, marking the end of a significant chapter in the company’s journey. Shuvro’s strategic decision is driven by his long-standing aspiration to complete his master’s degree, a goal he is on the brink of achieving in the United Kingdom.

    The resignation comes at a time when The Bridge is well-positioned within the sports journalism industry. Shuvro’s decision to step down is driven by his commitment to personal and professional growth. He is currently in the final stages of his master’s program and is also serving as a Board Member at a prestigious National Governing Body (NGB) in the UK. 

    During his tenure at The Bridge, Shuvro has elevated the brand to a leading position in sports journalism and athlete storytelling. Reflecting on his departure, he said, “Stepping down from my role at The Bridge is a bittersweet moment for me. Leading The Bridge has been an extraordinary journey. We created a platform that not only covers sports but also tells stories about athletes who inspire. I am proud of what we’ve achieved in the past five years.” 

    Under his leadership, The Bridge achieved significant milestones during the Tokyo 2020 Olympics with record-breaking levels of engagement and interaction, which was even highlighted on X (formerly Twitter) by ex-Sports Minister of India, Kiren Rijiju.

    “The Bridge was founded with the vision to bring forward the voices of athletes that often go unheard. As I transition to a new chapter, I am confident that the team will continue to uphold this mission and elevate the platform to even greater heights,” Shuvro added. 

    In addition, Ghoshal has transferred his ownership stake in The Bridge to investor Narendra Firodia for an undisclosed amount, leading to a realignment in the company’s shareholding structure.

    Narendra Firodia added, “When I met Shuvro six years ago, his passion for sports was evident. The Bridge has become a leading name in the sports industry thanks to the efforts of Shuvro and Arshi. I’m confident he’s moving on to even greater achievements. I wish him all the best.”

    TB Sports Network Private Limited will continue to function under the leadership of investor Narendra Firodia, co-founder Arshi Yasin and dedicated team members. 

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  • How Algo Trading Platforms Are Transforming the Markets Worldwide

    How Algo Trading Platforms Are Transforming the Markets Worldwide

    New Delhi (India), July 19: In recent years, algorithmic trading platforms have revolutionized the global trading market, providing unprecedented opportunities for small and mid-sized brokers. These platforms, which leverage complex algorithms to execute trades at speeds and efficiencies far beyond human capabilities, are democratizing access to sophisticated trading strategies. By offering their services for a minimal fee, algo trading platforms enable brokers to operate independently and competitively, fostering a more level playing field in the financial markets.

    One of the most significant impacts of algo trading platforms is their ability to offer a neutral marketplace. Traditionally, high-frequency trading and advanced algorithmic strategies were the domain of large financial institutions with extensive resources. However, modern algo trading software, such as Amibroker, MetaTrader and QuantConnect, has made these tools accessible to smaller players. This accessibility allows small and mid-sized brokers to harness the power of advanced trading strategies without the need for substantial investment in technology or infrastructure.

    The above-mentioned algo trading platforms such as Amibroker, MetaTrader and NinjaTrader have set the standard in this space. MetaTrader is renowned for its user-friendly interface and extensive range of analytical tools, making it a favorite among retail traders. NinjaTrader, on the other hand, offers advanced charting capabilities and a wide array of third-party add-ons, catering to more experienced traders. QuantConnect provides an open-source environment where traders can build and test their algorithms, fostering innovation and collaboration within the trading community.

    Moreover, the autonomy provided by these platforms is a game-changer for brokers. Unlike traditional trading environments where brokers are often tied to the day-to-day operations and decision-making processes of their trading partners, algo trading platforms operate independently. This separation means that brokers can focus on their core business strategies, relying on the platforms to handle the execution of trades. The result is a more streamlined and efficient trading process, free from the constraints of manual intervention.

    The transformation brought about by algo trading platforms extends beyond individual brokers to the entire financial ecosystem. By facilitating faster, more accurate, and more efficient trading, these platforms enhance market liquidity and stability. They also contribute to the overall transparency of the markets, as algorithmic trades are typically executed based on predefined criteria, reducing the potential for human error and emotional decision-making.

    Despite the significant advancements made by existing platforms, there is still a pressing need for more such tools in the algo trading space. The continuous evolution of financial markets and the growing complexity of trading strategies necessitate the development of more sophisticated and accessible platforms. Future algo trading solutions must incorporate cutting-edge technologies like artificial intelligence and machine learning to stay ahead of market trends and provide even greater value to traders and brokers.

    In conclusion, algo trading platforms are reshaping the trading market worldwide by empowering small and mid-sized brokers with advanced trading tools and business autonomy. The success of platforms like MetaTrader and QuantConnect illustrates the transformative potential of these technologies. However, to fully realize the potential of algorithmic trading and further democratize access to sophisticated trading strategies, the market needs more innovative platforms that leverage the latest technological advancements. As these platforms continue to evolve, they will undoubtedly play a crucial role in the ongoing transformation of the global financial ecosystem.

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  • Top-10 Retails Pvt. Ltd. and Oppo Mumbai Host World’s First In-Flight Phone Unboxing Event

    Top-10 Retails Pvt. Ltd. and Oppo Mumbai Host World’s First In-Flight Phone Unboxing Event

    Mumbai (Maharashtra) [India], July 19: Mumbai-based retail chain, Top-10 Retails Pvt. Ltd., in collaboration with Oppo Mumbai, has made history by organizing the world’s first aeroplane unboxing event. Scheduled for July 17, 2024, at 10:00 PM, this unique event saw 108 lucky customers of Top-10 Retail Pvt. Ltd. unbox their new phones mid-air.

    A specially chartered 180-seater plane took off from Chhatrapati Shivaji Maharaj International Airport (CSIA) – Terminal 1, following a designated route as per the guidelines of the Airport Authority. The one-hour flight returned to CSIA, providing passengers with a thrilling and memorable journey.

    During the flight, at a predetermined countdown led by the cabin crew, customers unboxed their new Oppo Reno 12 Pro Mobile phones. This unprecedented event was designed to capture the joy and excitement of the customers as they experienced their new devices for the first time in the skies. Participants also had the opportunity to document their unique unboxing moments with their new Oppo Reno12 Pro 5G phones.

    The initiative by Top-10 Retails Pvt. Ltd. and Oppo Mumbai aimed to create unforgettable memories for their loyal customers and reinforce the bond between the brand and its fans. This innovative approach sets a new benchmark in the mobile industry, showcasing a blend of technology and experience that goes beyond traditional retail.

    About Top-10 Retails Pvt. Ltd- Top-10 Retails Pvt. Ltd. is a Mumbai-based retail chain specializing in Mobile phones, Accessories, Laptops, and Smart TVs committed to providing exceptional customer experiences, Top-10 offers a wide range of the latest mobile devices from leading brands.

    About Oppo:  Oppo is a globally recognized technology brand, known for its cutting-edge smartphones and innovative features. Oppo continues to push the boundaries of technology to deliver superior user experiences.

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  • Experience the Future of Skincare with Lotus DermaBotanics!

    Experience the Future of Skincare with Lotus DermaBotanics!

    In today’s fast-paced world, skincare has become an essential part of daily life. As our primary defense against environmental aggressors, our skin is constantly exposed to harmful rays and pollutants, making its protection and care more critical than ever.

    These harsh conditions can lead to various skin issues, including hyperpigmentation, redness, and a weakened skin barrier. Understanding these challenges, Lotus DermaBotanics, (https://www.lotusherbals.com/collections/dermabotanics/) a revolutionary dermaceutical skincare range, is meticulously designed to deliver both immediate and long-lasting results, making it a unique and essential addition to any skincare routine.

    Lotus DermaBotanics stands out for its holistic approach to skincare, combining potent ingredients like kojic acid and multi-berry complexes with natural botanical extracts.Each product in the DermaBotanics range is rigorously tested and dermatologist-approved, ensuring they maintain the skin’s natural pH balance of 5.5 and are paraben-free. DermaBotanics is currently available in two innovative targeted ranges: Kojic Acid + Multi Berries, designed to address melasma, dark spots, and pigmentation, and Peptide + Papaya, which focuses on providing firmer, more youthful skin. This blend ensures comprehensive care that addresses multiple skin concerns, including deep hydration, skin brightening, and anti-aging benefits. 

    “We are thrilled to introduce Lotus DermaBotanics, a first-of-its-kind concept. This advanced skincare range is the result of 30 years of dedicated research and development. This unique combination of potent actives and avant-garde natural extracts makes DermaBotanics effective, safe, and suitable for all skin types,” says Mr. Nitin Passi, Chairman and Managing Director of Lotus Herbals.

    The key products include, the Lotus (www.lotusherbals.com) DermaBotanics Deep Hydra Crème which is a premium moisturizer formulated for normal to combination skin types, offering intense hydration with a rich, non-greasy texture. Infused with peptides, and papaya extract, it nourishes the skin, strengthens the skin barrier, and reduces fine lines. It protects against environmental stressors, calms irritation and redness, and enhances skin elasticity and firmness. Designed for daily use, it replenishes, rejuvenates, and brightens the skin, promoting a youthful glow.

    The Kojic Acid and Multi Berry Serum features a powerful blend of kojic acid and berry extracts from strawberries, raspberries, blueberries, cranberries, and acai berries. It targets hyperpigmentation and dark spots while providing antioxidant protection. Its lightweight, easily absorbable formula penetrates deep into the skin’s layers. The serum boosts collagen production, hydrates, calms inflammation, and improves skin firmness, offering a comprehensive solution for vibrant, healthy skin.

    The brand continues to set new benchmarks in the skincare industry with the launch of Lotus DermaBotanics. By combining the best of nature and science, results have proven that this innovative range delivers long-term benefits, ensuring healthy, beautiful skin for all. Experience the future of skincare with Lotus DermaBotanics and embrace the journey to a radiant complexion.

    All About Lotus Herbals 

    Lotus Herbals products are made from natural ingredients that are carefully selected and sourced to provide maximum benefits to the skin. The brand is committed to offering safe and effective skincare solutions that cater to different skin types and concerns.

    The products are free from harmful chemicals like parabens, sulfates, and mineral oils, making them gentle and safe for use on all skin types. The brand’s products include skincare ranges like Safe Sun, YouthRx, Active Aloe, ProBrite, and Ubtan, among others.

    Also, Lotus Herbals has been recognized for its commitment to the environment and sustainability. The brand uses eco-friendly packaging and has implemented sustainable practices in its manufacturing processes. 

    Overall, Lotus Herbals is a brand that offers natural and effective skincare solutions that cater to different skin types and concerns, while also promoting sustainability and social responsibility.

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  • Axiom Business School: Where Passion Meets Purpose Navi Mumbai, India

    Axiom Business School: Where Passion Meets Purpose Navi Mumbai, India

    Navi Mumbai (Maharashtra) (India) July 18 : Axiom Business School: Where Passion Meets Purpose Navi Mumbai, India (18 July 2024)  Navi Mumbai witnesses the birth of a new beacon of business education – Axiom Business School, a unit of the esteemed IPSRC Foundation. Just Launched in the heart of CBD Belapur, Axiom promises a transformative learning experience that equips students with the knowledge, skills, and confidence to thrive in the ever-evolving business landscape.

    “We are passionate about fostering a learning environment that ignites intellectual curiosity and practical skills,” says Mrs Sujata Panigrahi (Director), at Axiom Business School. Our curriculum is designed to be industry-relevant, preparing students to thrive in a rapidly evolving business landscape.

    More than just academics, Axiom fosters a vibrant community:

    Diverse Course Offerings: Ignite your career path with programs like BCA, BBA, B.Com, M.Com, LLB (3/5 years), MBA, MA, and BA. Each program is meticulously designed to cater to your specific interests and aspirations.

    Empowering Mentorship: Learn from passionate faculty who are not just educators, but industry veterans with real-world experience. They are dedicated to guiding you beyond textbooks, nurturing your entrepreneurial spirit and critical thinking.

    Scholarship Opportunities: Axiom believes financial constraints shouldn’t hinder your dreams. We offer scholarships to deserving students, making a quality education accessible to all.

     Unparalleled Practical Exposure: Gain invaluable experience through our 100% internship and placement assistance program. Build your network, hone your skills, and land your dream job with confidence.

     “At Axiom Business School, we believe in nurturing the whole student,” says Captain Rajagopal Panigrahi (Founder). “We foster a supportive environment that encourages them to develop their academic knowledge, professional skills, and personal confidence.”

    Axiom Business School is not just a place to learn, it’s a place to grow. It’s where your passion meets purpose, and your potential is ignited.

    About Axiom Business School: Axiom Business School, a unit of the IPSRC Foundation, is a premier educational institution offering a comprehensive range of undergraduate and postgraduate programs in business, commerce, and law. We are passionate about empowering students with the knowledge, skills, and values needed to become future business leaders.

    Contact: Mrs Sujata Panigrahi (Director)

    Email Address :- admissions@axiomedu.org

    Contact No.:- +91 8451870990 Website URL :- https://axiomedu.org/

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