Tag: Business

Mumbai (Maharashtra) [India], June 5: Kaushalya Logistics Limited (NSE: KLL), a diversified conglomerate specializing in logistic support to the cement industry, has announced its Audited H2 FY25 Financial Results.

H2 FY25 Consolidated Key Financial Highlights

• Total Income of ₹ 76,342.14 Lakh, YoY growth of 28.43%
• EBITDA of ₹ 1,271.29 Lakh, YoY growth of 12.50%
• Net Profit of ₹ 571.96 Lakh, YoY growth of 19.29%
• EPS of ₹ 3.09, YoY growth of 8.04%

H2 FY25 Consolidated Highlights:

Segment-wise Revenue Breakdown:

Trade of Electronic Appliances: ₹72,076.11 Lakh, contributing 95.57% of the revenue, with a YoY growth of 28.35%.

Logistics & Services Income: ₹ 3,206.14 Lakh, contributing 4.25% of the revenue, with a YoY growth of 23.25%.

Commenting on this Mr. Uddhav Poddar, Managing Director, Kaushalya Logistics Limited said, “Our performance in H2 FY25, which reflects the strength of our business model and our continued focus on operational excellence. Several strategic developments during the period have supported our positive trajectory.

Being honoured with the MSME Ratna Award was a proud moment, recognizing our efforts in building a reliable and scalable platform. Successfully executing a 500 km ODC consignment from Pune to Dahej demonstrated our capability in handling complex and large-scale cargo movements with precision.

The incorporation of our wholly owned subsidiary, Bhumika Logistics and Services Limited, marks a key step in expanding our service offerings. We also crossed a significant milestone by operating over 100 depots and rake points, with a strong presence across key states.

On the business development front, we added Bondada Engineering Limited as a major client in the Full Truck Load segment, further consolidating our position in the FTL sector. Recently, we secured Shree Cement as a new client and commenced operations at the Bhiwani depot under the CFA model. This strategic addition not only enhances our footprint in North India but is also poised to drive meaningful contributions to our growth in FY26. With this, we now cater to four of the top five cement manufacturers in the country—highlighting our strong and expanding presence in the cement sector.

With strong growth in India’s e-commerce and real estate sectors, and continued policy support, we are well-positioned for future expansion. We remain focused on scaling our network and creating long-term value.”””   “”””

H2 FY25 Key Business Highlights                                                                                                                      

MSME Ratna Award 2025	Honoured with the prestigious MSME Ratna Award, presented by Shri Pankaj Choudhary, Union Minister of State for Finance, to Mr. Uddhav Poddar and Mrs. Bhumika Poddar
ODC Consignment	Successfully executed a 500 km ODC consignment from Pune to Dahej with precision and efficiency, handling a massive cargo measuring 40x20x20
Incorporated Wholly Owned Subsidiary	Incorporated wholly owned subsidiary, Bhumika Logistics and Services Limited, is engaged in the business of providing logistics services.
Crosses 100 Depots Milestone	The company achieved a significant milestone by operating a total of 101 depots and rake heads across multiple states, including 30 each in Kerala and Tamil Nadu, 24 in Bihar, and a strong presence in Haryana, Punjab, Uttar Pradesh, West Bengal, and Maharashtra.
Added New Client	Secured Bondada Engineering Limited as a key client in the Full Truck Load segment, enhancing logistics capabilities and strengthening presence in India’s infrastructure sector.
CCFA Model	Total 14 Depots commenced for Adani Group 11 Depots for ACC (Adani Group) 3 Depots for Ambuja Cement (Adani Group)
CFA Model	Total 10 Depots & Rake Points commenced for Adani Group 4 Depots & Rake Points for ACC (Adani Group) 6 Depots & Rake Points for Ambuja Cement (Adani Group)

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Mumbai (Maharashtra) [India], June 5: ROX Hi-Tech Limited (NSE – ROXHITECH), a customer-centric IT solutions provider, has announced its Audited Financial Results for the H2 FY25 and FY25.

Key Financial highlights:
Consolidated Key Financial Highlights – FY25

Total Income: ₹190.14 Cr

EBITDA: ₹ 31.82 Cr

EBITDA Margin: 16.74%

Net Profit: ₹19.93 Cr

Net Profit Margin: 10.48%

Diluted EPS: ₹8.73

Standalone Key Financial Highlights – FY25

Total Income: ₹189.19 Cr | YoY: 7.19%

EBITDA: ₹ 31.21 Cr

EBITDA Margin: 16.49%

Net Profit: ₹19.32 Cr

Net Profit Margin: 10.21%

Diluted EPS: ₹8.46

Standalone Key Financial Highlights – H2 FY25

Total Income: ₹104.39 Cr | YoY: 5.28%

EBITDA: ₹ 10.73 Cr

EBITDA Margin: 10.28%

Net Profit: ₹9.11 Cr

Net Profit Margin: 8.73%

Diluted EPS: ₹3.99

Commenting on the financial performance, Mr. Jim Rakesh Managing Director, ROX Hi Tech Limited said, “ROX Hi-Tech’s focus on strategic growth, innovation, and sustainable value creation continues to drive our forward momentum.

We have significantly strengthened our global footprint with the incorporation of new subsidiaries in Denmark, California, and Mauritius. These strategic expansions enhance our ability to align with regional opportunities in enterprise software, IT consulting, and system integration.

Our execution capabilities were further validated with a ₹40 crore order book in digital transformation projects from enterprise clients. These engagements focus on application, network, and security management—key pillars in today’s digital-first landscape.

A standout achievement this half was our partnership with Indocool Composites Pvt. Ltd. to implement the GROW with SAP program, reinforcing our leadership in enterprise transformation. Additionally, our recent membership in the Confederation of Indian Industry (CII) reflects our commitment to deeper industry collaboration and thought leadership within India’s evolving IT ecosystem.

These milestones not only underscore our strategic direction but also position us to capitalize on emerging opportunities in a rapidly transforming digital world. We remain dedicated to delivering sustainable value, fostering client trust, and accelerating innovation with clarity and precision.”

Highlights for H2 FY25 (October 2024 – March 2025)

Driving Digital Transformation with Indocool Composites	The company has secured a contract to implement GROW with SAP for Indocool Composites Pvt. Ltd., streamlining operations across Finance, Procurement, Sales, and Manufacturing to drive efficiency and scalable growth.
Incorporation of Subsidiary Company-California	To tap into growth opportunities in North America, the company has incorporated ROX HITECH LLC in California. The entity will offer solutions across enterprise software development, IT consulting, and system integration, aligning with the core operations of the parent company.
Incorporation of Subsidiary Company-Denmark	The company has established ROX HITECH ApS in Denmark to strengthen its presence in the European market. The subsidiary will focus on delivering enterprise software development, IT consulting, and system integration services in line with the company’s strategic business objectives.
Incorporation of Subsidiary Company-Mauritius	As part of its international expansion strategy, the company has set up ROX HITECH – Mauritius to serve as an overseas hub. The subsidiary will focus on enterprise software development, IT consulting, and system integration, further extending the company’s global service capabilities.
Membership With the Confederation of Indian Industry	The Company has become a proud member of the Confederation of Indian Industry (CII), marking a significant step in its journey of growth and industry engagement. This membership reinforces the company’s commitment to innovation, collaboration, and contributing to India’s evolving digital economy.
Secures ₹40 Cr Digital Transformation Order from Enterprise Clients	The Company has secured ₹40 Cr worth of digital transformation projects from enterprise clients, covering network, security, and application management. This milestone highlights the company’s growing strength in delivering innovative and scalable IT solutions.

 

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Mohali (Punjab) [India], June 5: Active Clothing Co. Limited (BSE – 541144), India’s one of the leading ‘design-to-shelf’ platforms, specialising in flat-knitted sweaters, jackets, and circular-knitted apparel for global fashion brands, has announced its Audited Q4 FY25 & FY25 Financial results.

Key Financial Highlights

FY25

• Total Income of ₹ 297.12 Cr, YoY growth of 39.72%
• EBITDA of ₹ 28.49 Cr, YoY growth of 34.24%
• PAT of ₹ 8.45 Cr, YoY growth of 73.73%
• Diluted EPS of ₹ 5.45, YoY growth of 74.12%

Q4 FY25

• Total Income of ₹ 68.76 Cr, YoY growth of 81.23%
• EBITDA of ₹ 5.60 Cr, YoY growth of 13.61%
• PAT of ₹ 1.63 Cr, YoY growth of 21.52%
• Diluted EPS of ₹ 1.06, YoY growth of 23.26%

Commenting on the Financial performance Mr. Rajesh Mehra Managing Director, of Active Clothing Co Limited said, “We are pleased with our strong performance in Q4 and throughout FY25, which underscores the resilience of our business model and the effectiveness of our strategic priorities. This growth reflects our continued focus on innovation, operational excellence, and deepening our engagement with global fashion brands.

During the year, we enhanced our capabilities across design, manufacturing, and technology, allowing us to respond swiftly to market trends and deliver high-quality, sustainable products. Our integrated ‘design-to-shelf’ platform continues to be a key differentiator, enabling faster turnaround and greater value for our partners.

We remain confident in the momentum we’ve built and are excited about the opportunities ahead. As we continue to invest in smart manufacturing, digital solutions, and new product categories, we are well-positioned to sustain this growth trajectory and deliver long-term value to all stakeholders.”

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New Delhi [India], June 3: In the fast-paced world of real estate development in India, few names have managed to leave a lasting impact through both vision and values. Rohan Khatau, a forward-looking entrepreneur and business leader, has quietly and steadily emerged as one of them. As a key driving force behind CCI Projects, Rohan is reshaping what it means to build for the future by focusing on sustainability, smart living, and real community value.

Born into the esteemed Khatau family—one of India’s legacy industrial houses—Rohan inherited not just business acumen, but also a deep sense of responsibility toward building something meaningful. While many would have simply followed the path laid out for them, Rohan chose to rethink it. His move into real estate through CCI Projects, an arm evolved from the Cable Corporation of India, marks a shift from legacy manufacturing to modern urban development.

A New Vision for Modern India

Real estate is no longer just about buildings; it’s about lifestyles, connectivity, and responsible growth. Rohan understands this well. He has guided CCI Projects toward a vision based on intelligent, inclusive, and green development in light of growing urban difficulties and denser cities.

The business has transcended traditional construction methods under his direction. Rather, the emphasis is on developing well-thought-out, user-centered developments that put long-term livability first. Better infrastructure, open green areas, homes that are suitable for the digital age, and well-thought-out facilities are all examples of this.

Instead of striving for quick growth, Rohan prioritizes client trust, quality, and dependability—elements that are frequently disregarded in the chase of numbers. In Mumbai’s cutthroat real estate market, CCI Projects has gained a solid name thanks to this strategy.

Smart Planning, Sustainable Execution

Rohan Khatau’s steadfast dedication to sustainable real estate development is among the most distinctive features of his leadership at CCI Projects. Rohan has made sure that eco-friendly construction isn’t an afterthought but rather a fundamental principle at a time when environmental concerns are influencing how we create communities.

Green building principles have been used by CCI Projects as the norm for all developments under his direction. Every component is carefully incorporated into the planning process, from the use of sustainable building materials and contemporary waste management techniques to solar energy systems and rainfall collection.
In a city like Mumbai, where space is limited and pollution is a persistent issue, this forward-thinking attitude is particularly crucial. By putting the environment first, Rohan is protecting the land for future generations rather than merely developing it.

A Leader Who Builds With Heart

What truly sets Rohan Khatau apart is his grounded and human-centered leadership style. He believes that in business, people and purpose are more significant than profits alone. Whether dealing with engineers, architects, or purchasers, he always keeps a hands-on, thoughtful, and sincere approach.

He is described by his colleagues as a calm, strategic thinker who is meticulous. He actively participates in every phase of the development process, from planning and site acquisition to execution and customer transfer. But he also promotes initiative among his team members, fostering a collaborative workplace that values trust and creativity.

Furthermore, Rohan is known for being forthright and truthful, which is unusual but appreciated in the real estate sector. At a time when the sector is plagued by delays and unmet promises, CCI Projects has kept its word under his direction, inspiring confidence in both buyers and investors.

Adapting to a Changing Landscape

The Indian real estate sector has seen substantial changes in the last ten years, from shifts in consumer demand and expectations to RERA compliance and GST regulations. Even if these adjustments haven’t been easy, Rohan Khatau has consistently demonstrated his ability to adapt and thrive.

He welcomes change instead of fighting it. Whether it’s using digital sales tools, researching virtual site tours, or revamping layouts to suit post-pandemic lifestyles, Rohan is always planning ahead. Because of his agility and understanding, CCI Projects has been able to stay competitive while many players struggle to keep up.

His interest in mixed-use developments, public-private partnerships, and urban regeneration also suggests that he is more aware of the trends in Indian real estate. Every action places a clear focus on lasting effects rather than just short-term financial gain.

Building More Than Buildings

Rohan asserts that real estate is more complex than asking prices and square footage. Creating economic, social, and cultural value is the aim. Enhancing people’s quality of life is the aim of all his initiatives. By combining community and wellness spaces and ensuring connections with business, medical, and educational facilities, the goal is to build self-sufficient communities.

In addition, he actively participates in charitable endeavors, covertly supporting projects related to youth development, environmental preservation, and education. It’s clear that his view of success goes far beyond spreadsheets. He sees his work as a chance to give back and build responsibly.

The Road Ahead for Rohan Khatau and CCI Projects

With several new projects in the pipeline and a clear focus on quality and innovation, the future looks promising for CCI Projects under Rohan Khatau’s leadership. As urban India continues to expand, the need for developers who combine business intelligence with ethical practices and a deep social conscience has never been greater.

Rohan’s unique ability to blend legacy values with modern strategy makes him a standout figure in India’s real estate landscape. While others chase trends, he sets them, with quiet confidence and a clear sense of purpose.

In the coming years, expect to see more from CCI Projects—not just in terms of buildings, but in the creation of ecosystems where people feel safe, inspired, and connected. Because for Rohan Khatau, that’s what real estate is ultimately about: building the future, one thoughtful step at a time.

Connect with Rohan Khatau

LinkedIn: https://www.linkedin.com/in/rohan-khatau-92468112

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Mumbai (Maharashtra) [India], June 5: Leo Dryfruits & Spices Trading Limited,(BSE: 544329), One of the trusted names in the sourcing, processing, trading, and marketing of premium-quality spices, dry fruits, and grocery products, have announced its Audited Financial Results for H2 FY25 & FY25.

Key Financial Highlights

H2 FY25 (Sequential Growth over H1 FY25)

* Total Income of ₹ 6946.98 Lakhs, Growth of 288.48%

* EBITDA of ₹ 1128.47 Lakhs, Growth of 219.08%

* PAT of ₹ 666.84 Lakhs, Growth of 345.87%

* EPS of ₹ 4.35, HoH growth of 278.26%

FY25 (YoY Growth over FY24) 

* Total Income of ₹ 8735.22 Lakhs, Growth of 40.29%

* EBITDA of ₹ 1482.13 Lakhs, Growth of 33.15%

* PAT of ₹ 816.40 Lakhs, Growth of 21.31%

* EPS of ₹ 5.75, Growth of 8.70%

Commenting on the performance, Mr. Kaushik Shah, Chairman and Managing Director of Leo Dryfruits & Spices Trading Limited said, ” We are delighted to report a robust performance in H2 and the full year of FY25, driven by improved operational efficiency, new orders, and the superior quality of Leo’s spices and dry fruits.

A key highlight was our successful listing on the BSE SME platform—an important milestone that underscores our commitment to transparency, strong governance, and long-term stakeholder value.

Looking ahead, our focus is on scaling operations through our newly formed subsidiary. We are actively engaging with premium hotel chains across India to supply our high-quality spices, dry fruits, and food products—strengthening our brand and opening new growth avenues.

Additionally, our engagement with the Ministry of Defence, Government of India’s Canteen Stores Department, will enable us to broaden our consumer base and enhance our national footprint. With a strong team and quality-first approach, we are confident in delivering sustained growth and value in the coming year.”

Key Operational Highlights

Recognized as Certified Manufacturer-Packer by Ministry of Consumer Affairs	• Official certification received from the Ministry of Consumer Affairs, Food & Public Distribution • Company is now formally recognized as a manufacturer-packer for a diverse range of consumer goods • Reinforces compliance with packaging, labeling, and quality standards in the Indian consumer market
Achieved ISO 9001:2015 Certification for Quality Management	• Certified by: Guardian Independent Certification Ltd • Scope: o Manufacture, Supply, and Export of Spices o Trading of Dry Fruits and Dairy Items • ISO 9001:2015 certification confirms the company’s commitment to maintaining high-quality standards and consistent process control across operations
ISO 22000:2018 Certification for Food Safety Management Secured	• Awarded by: ROHS Certification Private Limited • Acknowledges the company’s compliance with stringent international food safety protocols
Approved the formation of Leo Catering Services Private Limited, a wholly owned subsidiary in India	• Core Focus o Providing comprehensive food catering services, with a focus vegetarian menu o Packaged and loose vegetarian food services o Specialized ice cream catering for events like programs, seminars, cultural and educational functions • Will handle purchase, preservation, and sale of: o Mineral and aerated waters o Non-alcoholic beverages o Confectionery, baked goods, sauces, and related vegetarian food products • Operational Plans: o Set to establish and operate: o Cafes, restaurants, ice cream stores, kiosks, quick service restaurants, and bakeries o Operations will span across India and international markets

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Bhubaneswar (Odisha) [India], June 4:  Summentor Pro, India’s leading business development consulting firm, proudly hosted the 4th Edition of the MSME & Startup Innovation Summit in Vivanta Bhubaneswar, bringing together over 300+ stakeholders including government representatives, entrepreneurs, industry experts, and innovative startups under one roof to celebrate and drive the transformation of India’s MSME ecosystem.

The summit was inaugurated by Dr. Sanjeev Mahapatra, Honorary Secretary of The Utkal Chamber of Commerce and Industry Limited (UCCIL), followed by a keynote address from Dr. Sonti Venkateswarlu, Consultant & Advisor. The event was officially launched by Ms. Nitika Shahi, Founder & Director of Summentor Pro.

Distinguished Speakers and Guests of Honour

The summit witnessed powerful sessions led by:

• Shri. Pratap Chandra Sarangi, Hon’ble Member of Parliament and Former Union Minister of MSME, who spoke on promoting indigenous business opportunities in Balasore.
• Smt. Pravati Parida, Hon’ble Deputy Chief Minister of Odisha, emphasizing Odisha’s vision of becoming a startup and MSME growth engine.

Time2Leap National Awards – Celebrating MSME Excellence

A major highlight of the summit was the #Time2Leap National Awards – MSME & Startup Awards 2025, which recognized pioneers across diverse categories, celebrating innovation, impact, and resilience in India’s small business sector.

Notable awardees included:

Category	Company
Best Defence Startup of the Year	BonV Technology Private Limited
Best Cybersecurity Startup of the Year	QuNu Labs Private Limited
Best Electronics Startup of the Year	Watsoo Express Private Limited
Best Digital Marketing Startup of the Year	Doodlezz India Private Limited
Best Healthcare Startup of the Year	iCaltech Innovations Private Limited
Best HR Tech Startup of the Year	Stepping Cloud Consulting Private Limited
Best Sustainable Technology Startup of the Year	Watsoo Express Private Limited
Best Technology Startup of the Year – Digital Transformation	Prodevans Technologies Private Limited
Best HR Tech Startup of the Year – Talent Development	Frontlyne
Best Fintech Company of the Year	PhonePe
Best Pharmaceutical Company of the Year	Bafna Pharmaceuticals Limited
Best E-Learning Company of the Year	Enthralltech Private Limited
Best Animal Husbandry Company of the Year	Biochem Pharma
Best Innovative Technology Company of the Year	Delostyle Studio Private Limited
Best Cosmetics & Personal Care Company of the Year	Herbage Personal Care Inc
Best Digital Platform of the Year	University Living Accommodation Private Limited
Best Digital Marketing Company of the Year	Quad Digital Services LLP
Best Cybersecurity Company of the Year	Prompt Infotech Private Limited
Best Waste Management Consultant of the Year	A4Con Services Private Limited
Best IT Services Company of the Year	Meta Infotech Limited
Best Financial Services Company of the Year	InvestAscent Wealth Advisors Private Limited
Best Nutraceuticals Company of the Year	Divit Nutraceuticals Private Limited
Best Health and Wellness Company of the Year	Soothe Healthcare
Best Waste Management Company of the Year	Clean India Ventures Private Limited
Best Advanced Technology Consulting Company of the Year	HyScaler – NetTantra Technologies India Private Limited
Best Consultancy Company of the Year – Education	Agarkar Centre of Excellence Private Limited
Best FMCG Company of the Year – Personal Hygiene	Pee Safe (Redcliffe Hygiene Private Limited)
Best Manufacturing Company of the Year – Electrical Components	Axis Electrical Components (I) Private Limited
Best Manufacturing Company of the Year – Vertical Mobility Solutions	Eskay Elevators
Best Healthcare Company of the Year – Pain Management	Ascent Meditech Limited
Best Technology Company of the Year – Deep Tech	Qpiai India Private Limited
Best Engineering Services Company of the Year	Arete Consulting Engineers
Best Sustainable Company of the Year – Fashion	Creatnet Services Limited
Best Technology Company of the Year – Robotics	Novus Hi-Tech Robotic Systemz Private Limited
Best Technology Company of the Year – IoT	Kritilabs Technologies
Best Advertising Company of the Year – Anamorphic Screen	Wallop Advertising Private Limited
Best Fintech Company of the Year – Banking Infrastructure	iServeU Technology Private Limited
Best Entertainment Company of the Year – Experiential Events	E Factor Experiences Limited
Best ERP Company of the Year – Schools	Savyasasy Software Solutions Private Limited
Best Customer Service Company of the Year – Vertical Mobility Solutions	Eskay Elevators
Best IT Services Company of the Year – Logistics	Kale Logistics Solutions
Best Fintech Company of the Year – Wealth Management	Armstrong Capital & Financial Services Private Limited
Best Sustainable Company of the Year – GIS-RS-Survey	Geomaticx Scientific Technology Services Private Limited
Most Trusted Brand of the Year – Communication Consulting	Seven Twenty Ten Network
Most Trusted Brand of the Year – Workforce Management	Bluetree Consultancy Private Limited
Most Trusted Brand of the Year – Edtech	GyanPro Educational Innovation Private Limited
Emerging Company of the Year – Pharmaceuticals	Venkatasai Life Sciences
Emerging Brand of the Year – HR Conslulting	NicheHR Global
Emerging Company of the Year – eMobility	EC Wheels India Private Limited
Emerging Company of the Year – Structural Engineering	AK Dutta And Associates
Emerging Company of the Year – Blockchain	Acviss Technologies Private Limited
Emerging Brand of the Year – Education	Tautmore Learning Private Limited
Emerging Entrepreneur of the Year – Digital Marketing	Mr. Shailendra Tanwar – Doodlezz India Private Limited
Business Leader of the Year – Female – Financial Services	Mrs. Anuja Agrawal – InvestAscent Wealth Advisors Private Limited
Business Leader of the Year – Female – Fashion	Mrs. Garima Bhat – Creatnet Services Limited
Business Leader of the Year – Male – Pharmaceuticals	Mr. Bafna Mahaveer Chand – Bafna Pharmaceuticals Limited
Business Leader of the Year – Male – Cybersecurity	Mr. Venugopal Peruri – Meta Infotech Limited
Business Leader of the Year – Male – Investment	Mr. Karna D Shinde – KDS Global
Lifetime Achievement Award – Service to Farming & Farming Community	Dr. Sonti Venkateswarlu
Lifetime Achievement Award – Medical Research	Dr. Surendra Kumar Verma – Pacific Medical College & Hospital

Full list of winners available at https://shorturl.at/RGzFZ

Innovation Showcase & Panel Dialogues

The summit featured live showcases by leading tech innovators such as Zoho, Tally Solutions, NSquare Experts, 3idea Technology,  QuNu Labs,  Nilkamal Ltd , Nsqaure Experts, Algorisys Technologies Pvt LTD, Relyon Softech Limted , Divine H2O, Webtel Electrosoft LTD, Benepik Technology Pvt Ltd , LexOrbis and Watsoo Express. Attendees explored practical tools for scaling businesses through digital adoption, AI integration, and secure communication systems.

A high-impact panel discussion on “The Global Impact of Indian MSMEs and Startups for a Better Future” engaged experts from OES Export Import Pvt Ltd, OSSIA, UCCIL, and former officials from the Ministry of MSME.

Strategic B2B Meetings & Networking

In a move to enable tangible collaboration, the summit organized 10+ curated B2B meetings between investors, MSMEs, and enablers, fostering new business alliances and market entry discussions.

Looking Forward

“The MSME sector is the backbone of our economy, and this summit marks a vital step in unlocking its full potential,” said Ms. Nitika Shahi, Founder of Summentor Pro. “We are committed to building innovation-led platforms and policy-level bridges that help MSMEs scale, sustain, and lead globally.”

Summentor Pro continues to drive entrepreneurial impact through initiatives, awards, and thought-leadership forums. Entrepreneurs, startups, and ecosystem enablers are invited to join the journey toward building a stronger, more resilient MSME sector.

For media inquiries, speaker opportunities, or partnership collaborations, visit https://msme.summentorpro.com or email info@summentorpro.com

About Summentor Pro

Summentor Pro is a growth accelerator and strategic consulting firm that curates business summits, government partnerships, innovation showcases, and awards programs that empower India’s business ecosystem across multiple sectors.

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Mumbai (Maharashtra) [India], June 3: Ganga Bath Fittings Limited (The Company, Ganga) is manufacturer of a wide range of bathroom accessories, proposes to open its Initial Public Offering on Wednesday, June 04, 2025, aiming to raise ₹ 32.65 Crore (At Upper Price Band), with shares to be listed on the NSE Emerge platform.

The issue size is 66,63,000 equity shares at a face value of ₹ 10 each with a price band of ₹ 46 – ₹ 49 Per Share.

Equity Share Allocation

• Qualified Institutional Buyer – Not more than 69,000 Equity Shares
• Non-Institutional Investors –Not less than 31,29,000 Equity Shares
• Retail Individual Investors – Not less than 31,29,000 Equity Shares
• Market Maker – 3,36,000 Equity Shares

The net proceeds from the IPO will be utilized for capital expenditure towards the purchase of equipment/machinery, repayment/prepayment of certain borrowings availed by the Company, funding working capital requirements and for general corporate purposes. The issue is closing on June 06, 2025.

The Book Running Lead Manager to the Issue is Jawa Capital Services Private Limited, The Registrar to the Issue is KFIN Technologies Limited.

Mr. Jimmy Tusharkumar Tilva, Managing Director of Ganga Bath Fittings Limited, expressed, “We are delighted to announce the launch of our Initial Public Offering—a significant milestone that reflects the evolution of the company from a homegrown manufacturer to one of the prominent players in the Indian sanitaryware industry. Over the years, we have built a diverse and quality-driven product portfolio, serving customers through our in-house brands, OEM partnerships, and trading operations.

This IPO will fuel our vision for the future enabling us to invest in modern machinery, improve our manufacturing scale, and strengthen our financial foundation. We see this as a stepping stone to greater innovation and deeper market penetration. This marks the beginning of an exciting new chapter as we strive to scale new heights.”

Mr. Anoop Kumar Gupta, Director of Jawa Capital Services Private Limited said, “We are pleased to be associated with Ganga Bath Fittings Limited as the lead manager for their Initial Public Offering. The company operates with a clear focus on product quality, operational efficiency, and market development. The bathroom fittings and sanitaryware industry in India has witnessed steady growth, driven by rising urbanization, housing development, and improved lifestyle standards. The IPO is structured to support the company’s capital expenditure, working capital requirements, and debt reduction. We believe the company is positioned to benefit from industry trends and future expansion plans.”

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