Tag: Business

  • Maruti Infrastructure Receives EOI for Strategic Partnership from MEINHARDT Group, Stock price rise 6 per cent

    Maruti Infrastructure Receives EOI for Strategic Partnership from MEINHARDT Group, Stock price rise 6 per cent

    Ahmedabad (Gujarat), December 12, 2024: Maruti Infrastructure Ltd (BSE – 531540) – a leading Infrastructure and Construction company of EWS Housing Projects and Urban Infra Projects has received the expression of Interest for strategic partnership and collaboration from MEINHARDT GROUP, Asia’s Largest Privately Owned – Global Planning, Design, Engineering, Project and Construction Management Firm. This expression of Interest is regarding partnership for providing comprehensive and innovative solutions related to various Buildings, Industrial & Infrastructure Projects, Sports & Recreation.

    The collaboration is subject to final definitive agreement to be executed between the parties and the concrete terms and conditions, roles and responsibilities for each party along with business volume shall be communicated in due course as and when finalized.

    Highlights:-

    • The company has Rs. 200 crore projects underway, slated for completion within the next two years.
    • Company approved allotment of bonus share in the ratio of 1:2 .e. one new bonus Equity Share of for every two existing fully paid up Equity Shares of Rs.2 each, to the eligible shareholders
    • At the 30th AGM approved increased in the authorised share capital from Rs. 14 crore to Rs. 20 crore
    • For FY23-24 Maruti Infra has reported revenue of Rs. 38.40 crore and Net Profit of Rs. 1.69 crore.

    Shares of small-cap company Maruti Infrastructure Ltd surged nearly 6 per cent on Thursday, December 12, defying weak market sentiment. The rally followed the company’s announcement that it has received an Expression of Interest (EOI) for a strategic partnership and collaboration from Meinhardt Group, Asia’s largest privately-owned global firm specialising in planning, design, engineering, project, and construction management.

    Meinhardt is a premier independent engineering consultancy in Asia, boasting a global presence with 61+ Global offices and a team of 6000+ staffs across the world. With a storied history spanning 69 years, Meinhardt has undertaken a wide range of projects across India in multiple sectors in last few years and their services are encompassing the project life cycle from feasibility study to Basic & Detailed design, bid process management, Procurement and project management in various sectors like Infrastructure & Master Planning, Roads, Highways & Bridges, Aviation, Metros and railways, Industrial (Semiconductor & EMS Plants, F&B, FMCG, Minerals & Metals, Iron & Steel plants etc.), Buildings, Data Centres etc.

    • Shares of Maruti Infrastructure Limited surged by almost 6% following an EOI from Meinhardt Group for a strategic partnership. The collaboration aims to innovate across various sectors
    • This expression of Interest is regarding partnership for providing comprehensive and innovative solutions related to various Buildings, Industrial & Infrastructure Projects, Sports & Recreation.

    Established in 1994, Maruti Infrastructure over the last two decades has gained a reputable position in construction industry. Company specialized in offering professional construction of management property services in residential, commercial, Industrial, EWS housing projects and urban infra projects. For the FY2023-24 company has reported revenue from operations of Rs. 38.40 crore and Net Profit of Rs. 1.69 crore.

    The Government of India is taking various steps to boost the infrastructure development in the country. Looking at the huge potential for growth in the infrastructure sector, company sees a good outlook for the in coming years. At present company is having around Rs. 200 crores projects in hand which will likely to be completed in next 2 years. Presently Company is mainly focus on construction EWS housing projects constructed under Pradhan Mantri Awas Yojana (PMAY) which is constructed for lowered income group section of society to provide their own houses. Company will also participate in upcoming Bid/ Tender issued by Ahmedabad Municipal Corporation/ other respective authorities in coming years.

    Board of Directors of the Company in their meeting held on 12 August, 2024 approved allotment of 3,12,50,000 Equity shares of Rs. 2 each as bonus issue in the ratio of l:2 i.e. one new bonus Equity Share of Rs. 2 each for every two existing fully paid up Equity Shares of Rs.2 each, to the eligible shareholders.

    The Members at the 30th AGM approved for increase in the Authorised Share Capital of the Company from existing Rs. 14 crore divided into 1.40 crore Equity Shares of Rs 10 each to Rs. 20 crore divided into 10 crore equity Shares of Rs. 2 each (post sub division).

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  • Aayush Wellness Limited gets order worth USD 3 Million from Singapore’s Cosmos Holdings Pte Ltd

    Aayush Wellness Limited gets order worth USD 3 Million from Singapore’s Cosmos Holdings Pte Ltd

    New Delhi [India], December 13:  India’s Smart nutrition Company and a prominent player in health and wellness segment, Aayush Wellness Limited [BSE: 539528], is pleased to announce that the Company has garnered a big order worth US $ 3 million from M/s Cosmos Holdings Pte Ltd, a leading distributor in Singapore that supplies various healthcare and nutraceutical products.

    This order marks a notable milestone for Aayush Wellness Limited and marks its entry on a global nutraceuticals and healthcare market.

    Mr. Naveena Kumar, Managing Director said that “The success our products in India has laid the foundation for the company’s foray into international markets, starting with Singapore—a hub for health-conscious consumers. This is Company’s first export order and mark’s the Company entry in the premium Singaporean Market. This shall have a substantial impact of the company operational performance and expansion plans by developing the export market for our products.”

    This agreement is a major push in Aayush Wellness’s global expansion strategy. This agreement with Singapore’s leading Cosmos Holdings Pte Ltd will enhance profitability by establishing a strong presence in Southeast Asia.

    Singapore’s health supplements market is estimated to be worth US $ 202.8 million in 2024 and its annual growth rate is projected to be 3.81% p.a.

    Under the terms of the agreement, Aayush Wellness will supply its flagship nutraceutical products to cater to Singapore’s growing demand for high-quality dietary supplements including effervescent tablets, marine collagen, probiotics, and super greens powders and more in a period of 1 year.

    About Aayush Wellness Limited: (ISO 9000 and 22000 certified company)

    Aayush Wellness Limited [BSE scrip code: 539528], established in 1989 is a pioneering name in health and wellness solutions, dedicated to offering products that merge wellbeing with innovation. We are India’s smart nutrition company committed to offer quality and Services to enhance the consumer well-being. Aayush Wellness continues to lead the industry in promoting healthier lifestyle choices through its diverse range of wellness products and services. For more information, please visit www.aayushwellness.com or Call: 8655611700 for business inquiries.

    Disclaimer: Certain statements in this press release may be forward-looking statements and/or based on management’s current expectations and beliefs concerning future developments and their potential effects upon Aayush Wellness Limited and its associates. The forward-looking statements are not a guarantee of future performance and involve risks and uncertainties and there are important factors that could cause actual results to differ, possibly materially, from expectations reflected in such forward-looking statements. Aayush Wellness Limited does not intend, and is under no obligation, to update any forward-looking statement contained in this press release.

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  • DYD India – Revolutionizing At-Home Car Services in Mumbai, Navi Mumbai, and Thane

    DYD India – Revolutionizing At-Home Car Services in Mumbai, Navi Mumbai, and Thane

    Mumbai (Maharashtra) [India], December 12: DYD India, founded by visionary entrepreneur Vihaan Malkan, is transforming the way car owners in Mumbai experience vehicle maintenance. With a mission to provide high-quality at-home car services, DYD India brings the garage directly to customers’ doorsteps. Through a simple, user-friendly booking process and a customer-first approach, DYD India has quickly become the go-to solution for busy car owners looking for hassle-free car care.

    About DYD India

    DYD India is more than just a car service provider – it is a promise of convenience, affordability, and reliability wrapped up in an easy-to-use, tech-driven platform. Operating primarily across Mumbai, Navi Mumbai, and Thane, DYD India offers a wide range of at-home care services that cater to every need of car owners. Whether car owners need periodic maintenance, a quick car grooming session, a health check-up, or fluid top-ups, DYD India ensures that their vehicles receive the care they deserve, all from the comfort of home.

    What sets DYD India apart is its simple yet efficient service delivery model. Gone are the days of waiting in long lines at the garage or dealing with the hassle of commuting to a service center. With DYD India, customers can book all their car services with just a few taps on their phone or clicks on their website.

    Unique Booking Process

    DYD India believes that the process of getting a car serviced should be as smooth as driving it on an open highway. That’s why they’ve streamlined the entire booking experience to make it as simple and hassle-free as possible:

    1. Visit the Website or App: The first step is to visit DYD India’s easy-to-use website or download the DYD India app.

    2. Enter Vehicle Details: Once on the platform, customers need to enter their vehicle’s details (make, model, and year) to help DYD India tailor the best services for the car.

    3. Choose a Service Package: DYD India offers various service packages designed to suit different needs and budgets. Whether customers are looking for a basic check-up or a full-fledged service, DYD India has them covered.

    4. Select a Convenient Time Slot: Customers can choose a time slot that works best for them. Whether it’s in the morning, afternoon, or evening, DYD India accommodates schedules, ensuring minimal disruption.

    5. Confirm the Booking: Once everything is set, customers simply confirm the booking, and the car service is scheduled to be hassle-free at their doorstep.

    Services

    DYD India is committed to offering comprehensive car services that cater to every aspect of car maintenance, ensuring that vehicles stay in top condition throughout their life. The services offered range from routine maintenance to major repairs, with an emphasis on quality and customer satisfaction.

    ●     Periodic Service: Regular servicing is essential for the longevity and performance of any vehicle. DYD India offers complete periodic services, including oil changes, fluid top-ups, and filter replacements. Their expert mechanics follow the manufacturer’s recommended service schedule to ensure your car continues to run smoothly, all conveniently performed at your doorstep.

    ●     Car Grooming: A good car grooming session is essential to keep your vehicle looking its best. DYD India provides comprehensive car grooming services, including interior and exterior cleaning, waxing, polishing, tyre shining, and more, ensuring your car shines like new with a showroom finish every time.

    ●     Car Scanning and Health Check-ups: With advanced diagnostic tools, DYD India offers thorough car health check-ups to identify any underlying issues that could affect your vehicle’s performance. From engine diagnostics to electrical system checks, they ensure your car is in optimal condition.

    ●     Denting and Painting: Accidents and minor bumps are inevitable. DYD India specialises in denting and painting services to restore your vehicle to its original condition. These services are carried out at their garage, with convenient pick-up and drop for your car.

    ●     Major Repairs: From malfunctioning engines to faulty transmissions, DYD India’s expert mechanics handle major repairs with precision. They diagnose the issue, provide transparent pricing, and carry out lasting repairs to get your vehicle roadworthy again, conducted at their service garage with car pick-up and drop assistance.

    ●     Fluid Top-ups: DYD India offers fluid top-ups, including engine oil, coolant, and brake fluid, all performed with care to maintain your vehicle’s performance and longevity.

    ●     Batteries: Whether you need diagnostics or replacements, DYD India provides expert battery in services to keep your vehicle reliable. Services requiring detailed work are done at their service garage, ensuring convenience and quality.

    ●     Wheel Care: Proper wheel maintenance is vital for a smooth and safe drive. DYD India provides a full suite of wheel care services that are conducted with expert precision. For specific services, they ensure a seamless pick-up and drop-off at their service garage.

    The DYD India Philosophy: CAR

    At DYD India, trust is of paramount importance when it comes to car services. “Our mission is simple: to make car servicing accessible, reliable, and stress-free,” says Vihaan Malkan, the founder of DYD India, highlighting the company’s ethos of convenience, affordability, and reliability—aptly encapsulated in the acronym CAR.

    ●     C – Convenience: DYD India prioritises convenience by offering a range of at-home services that come directly to the customer’s doorstep, saving them time and effort. Whether customers are working from home, enjoying a weekend, or simply don’t want to leave the house, DYD India ensures that their cars receive top-notch service without disrupting their routine.

    ●     A – Affordability: DYD India believes that quality car services should be accessible to everyone. The company offers competitive pricing for all its services, ensuring that car maintenance is affordable without compromising on quality. With a range of service packages to choose from, DYD India caters to both budget-conscious customers and those looking for premium services.

    ●     R – Reliability: Reliability is at the heart of everything DYD India does. When customers book a service, they can rest assured that a team of highly skilled and experienced professionals will take care of their vehicle with the utmost attention to detail. The transparent service process, use of genuine parts, and commitment to customer satisfaction ensure that customers can trust DYD India to handle their cars with the care they deserve.

    Join the DYD India Revolution

    As DYD India continues to grow, its commitment to customer satisfaction and excellence remains unchanged. The company is excited to help car owners in Mumbai maintain their vehicles with the best services available. “Our vision is to redefine how car care is perceived and delivered,” Vihaan explains. “We’re not just servicing cars; we’re building trust, one doorstep at a time.”

    For more information or to book a service today, customers can visit the website or download the DYD India app.

    Contact Information:

    Website: www.dydindia.com

    Email: info@dydindia.com

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  • From Rajasthan’s Villages to Ayurvedic Leadership: The Inspiring Journey of Hariram Rinwa’s Ashpveda

    From Rajasthan’s Villages to Ayurvedic Leadership: The Inspiring Journey of Hariram Rinwa’s Ashpveda

    New Delhi [India], December 11: From the humble lanes of Rajasthan’s Nagaur district to the pinnacle of Ayurvedic excellence, Hariram Rinwa’s story is a powerful narrative of resilience, vision, and relentless determination. His journey, spanning decades, stands as a testament to the potential of hard work and the transformative power of believing in one’s dreams. Today, his ventures, Ayubal Wellness and Ashpveda, are redefining the Ayurvedic and wellness industries by offering products rooted in ancient wisdom and tailored to modern needs.

    The Humble Beginnings in Parbatsar, Rajasthan

    Hariram Rinwa was born in Parbatsar, a small village in the Nagaur district of Rajasthan. Life in Parbatsar was far from easy, and Hariram’s early years were marked by financial hardships. At just 12 years old, he began helping his family by trading fertilizers and managing a grocery shop stocked with goods worth ₹200. Balancing school and business responsibilities, Hariram displayed an entrepreneurial spirit that set him apart.

    Despite his hard work, the challenges of rural life persisted. Customers often delayed payments, leaving Hariram struggling to manage his small enterprise. By the time he completed high school in 2004, he had accumulated debts of ₹1 lakh. Undeterred, Hariram decided to move beyond the limitations of his village and seek better opportunities in the cities of Rajasthan.

    The Early Struggles in Jaipur and Jodhpur

    Hariram’s journey took a pivotal turn when he moved to Jaipur, the Pink City. Armed with determination but limited resources, he began working as a marketing freelancer, meeting businesses to understand and cater to their requirements, primarily through a trading approach. These initial years in Jaipur were characterized by long hours, tight budgets, and the challenge of adjusting to a bustling urban environment.

    In 2007, tragedy struck when Hariram’s brother lost his life in an accident in Bangalore. The loss was a defining moment, deeply affecting Hariram and forcing him to reflect on the purpose and direction of his life. He returned to Jodhpur and transitioned to direct selling, where he learned valuable lessons in market dynamics, customer engagement, and the importance of resilience.

    Building the Foundations: The Birth of Ayubal Wellness

    In 2009, Hariram launched Akshay Enterprises, initially a trading company dealing in electronics and solar products. The venture helped Hariram gain a foothold in the competitive marketplace, but he soon realized his true calling lay elsewhere. The growing awareness and demand for Ayurvedic solutions inspired him to pivot his business model and enter the Ayurvedic and nutraceutical industry.

    This marked the birth of Ayubal Wellness, a company dedicated to manufacturing high-quality Ayurvedic products. Hariram identified a significant gap in the market—consumers were seeking authentic, effective Ayurvedic solutions, yet the industry lacked reliable players offering consistent quality. With Ayubal Wellness, Hariram set out to bridge this gap by combining ancient Ayurvedic wisdom with modern manufacturing techniques.

    Hariram’s vision for Ayubal Wellness was not just business-oriented; it was deeply personal. He believed in Ayurveda’s potential to transform lives and saw his venture as a way to bring India’s ancient healing traditions to the forefront of global wellness.

    The Evolution to Ashpveda: A Premium Ayurvedic Brand

    While Ayubal Wellness focused on establishing a strong foundation in the Ayurvedic and nutraceutical industry, Hariram soon realized the need for a premium brand that could cater to discerning consumers looking for exceptional quality. This realization led to the creation of Ashpveda, a brand designed to deliver the finest Ayurvedic formulations to both Indian and global audiences.

    Ashpveda represents the culmination of Hariram’s decades of experience in understanding consumer preferences and market gaps. The brand’s offerings are inspired by traditional Ayurvedic texts but tailored to modern sensibilities. Its formulations are free from artificial colors, parabens, and harmful chemicals, ensuring that customers receive products that are both safe and effective.

    Hariram envisioned Ashpveda as more than just a brand—it’s a movement to celebrate and elevate the timeless wisdom of Ayurveda. Speaking about his inspiration for the brand, he says:

    “Ayurveda is not just a business; it’s my mission to bring India’s ancient healing wisdom to every household.”

    Resilience: The Cornerstone of Hariram’s Success

    Hariram’s journey is a masterclass in resilience and adaptability. From facing financial struggles in a small village to overcoming personal tragedies and business challenges, he has consistently demonstrated an unwavering commitment to his goals. His personal mantra, “What’s next?”, captures his forward-thinking approach and his belief in continuous growth.

    Reflecting on his journey, Hariram shares, “Resilience isn’t about avoiding failure; it’s about learning and growing through every setback.”

    This philosophy has not only guided him through tough times but has also inspired his team and peers to push their limits and strive for excellence.

    A Legacy of Innovation and Impact

    Through Ayubal Wellness and Ashpveda, Hariram has created a legacy that goes beyond business. Ayubal Wellness, with its focus on manufacturing high-quality Ayurvedic and nutraceutical products, has become a trusted name in the industry. The venture also supports local communities, particularly farmers, by engaging them in contract farming initiatives.

    Ashpveda, on the other hand, is redefining the standards of premium Ayurvedic products. By offering formulations that are rooted in tradition yet designed for modern lifestyles, the brand has carved a niche for itself in the beauty and wellness space.

    Inspiring the Next Generation

    Hariram’s journey is not just a success story—it’s an inspiration for aspiring entrepreneurs across India. His ability to overcome challenges, adapt to changing circumstances, and stay true to his values serves as a beacon of hope for those who dare to dream big.

    As he puts it, “Identify opportunities, embrace challenges, and always ask, ‘What’s next?’”

    Hariram’s story is a reminder that with hard work, determination, and a clear vision, anything is possible. From a grocery shop in Parbatsar to an Ayurvedic empire, his journey reflects the incredible potential of resilience and purpose-driven entrepreneurship.

    About Ayubal Wellness

    Ayubal Wellness is a leading manufacturer of Ayurvedic and nutraceutical products, offering solutions that combine ancient wisdom with modern innovation. The company is committed to delivering products that enhance health and wellness while adhering to the highest standards of quality.

    About Ashpveda

    Ashpveda is a premium Ayurvedic brand that celebrates the timeless wisdom of Ayurveda. With a focus on creating formulations that are free from artificial additives and rooted in traditional Ayurvedic principles, Ashpveda offers a range of beauty and wellness products designed to meet the needs of modern consumers.

    Hariram Rinwa’s inspiring journey is a testament to the power of resilience, vision, and a commitment to excellence. As he continues to lead Ayubal Wellness and Ashpveda to new heights, his story serves as a source of inspiration for all those striving to make a meaningful impact in their lives and communities.

    Check out Hariram’s Instagram profile here: instagram.com/HariRamRinwaOfficial

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  • Global Partnership for Artificial Intelligence Summit – India speaker highlights Data Daan to Bhashini

    Global Partnership for Artificial Intelligence Summit – India speaker highlights Data Daan to Bhashini

    New Delhi [India], December 09: At the ongoing Global Partnership on Artificial Intelligence (GPAI) Summit 2024 in Belgrade, Serbia, Shashi Shekhar Vempati, Co-Founder of the DeepTech for Bharat Foundation (AI4India.org) and former CEO of Prasar Bharati, delivered a compelling address on the transformative power of AI in emerging economies along with co-panel members Milan Bosnic, Laurence Lew, Marco Cadez.

    Participating in a panel discussion on “AI’s Impact on Emerging Economies,” Vempati underscored India’s unique position to leapfrog into an AI-driven future, much like its rapid adoption of mobile technologies in the past. He articulated how India’s evolving AI ecosystem, bolstered by government-backed initiatives like the Public GPU Cloud, is democratizing access to technology and fostering grassroots innovation.

    Mr. Vempati drew attention to Prime Minister Narendra Modi’s vision of democratizing technology through Digital Public Goods, which now extends to AI infrastructure. Highlighting India’s focus on developing indigenous AI capabilities, he spoke about the importance of Indic-language AI tools like BHASHINI, which are breaking down language barriers to enhance accessibility and inclusivity. These efforts, he noted, are paving the way for transformative applications across agriculture, manufacturing, and public services, ultimately contributing to India’s socio-economic development.

    A central theme of his address was the DataDaan campaign, a pioneering effort to build large, publicly accessible datasets. The initiative invites individuals, institutions, and public bodies to contribute their datasets to create a repository that can empower startups, researchers, and academia to build AI models tailored to India’s local context. “Data Daan is about turning a challenge into an opportunity. By sharing our datasets, we’re not just fostering innovation but enabling India to lead in building AI solutions for diverse and nuanced applications,” Mr. Vempati explained.

    In his remarks, Vempati reflected on the unique advantage emerging economies like India possess—the absence of legacy systems, which allows them to adopt advanced technologies with agility. He stressed that with the right investments in AI and initiatives like Data Daan, India could position itself as a global leader in AI innovation.

    At GPAI 2024, Mr. Vempati who is also on the advisory board of the Center of Policy Research and Governance credited CPRG for its continuous contribution and support to the Data Daan Initiative in collaboration with AI4India . Founded in 2016, CPRG is an independent Delhi-based think tank dedicated to advancing people-centric policymaking and addressing challenges in the economy, workforce, and education through research on emerging technologies.

    CPRG Director Dr. Ramanand underscored the importance of AI4India and CPRG’s joint participation at the GPAI in presenting India’s priorities and challenges in this fast emerging field. Adding to the discourse, Visiting Fellow Chetan Aggarwal presented insights on ‘AI in Agriculture Green Transition and Climate,’ at the GPAI exemplifying CPRG’s commitment to driving sustainable growth through innovation.

    Mr. Alok Agrawal, Co-Founder of AI4India, the joint efforts of AI4India and CPRG at GPAI 2024 as a “blueprint for how emerging economies can harness AI for equitable and sustainable progress” with initiatives like ‘Data Daan’ gaining momentum.

    The GPAI Summit 2024, a global forum dedicated to advancing the responsible and sustainable use of artificial intelligence, provided a vital platform for discussions on AI’s role in shaping the future of developing economies. Vempati’s contributions underscored the importance of building local capabilities, democratizing access, and leveraging technology to address India’s unique challenges.

    About AI4India.org:
    AI4India.org, driven by the DeepTech for Bharat Foundation, is committed to advancing grassroots innovation in AI. The organization focuses on empowering key sectors such as agriculture, manufacturing, and public services through indigenous AI tools and solutions. Its flagship initiative, Data Daan, seeks to create a publicly accessible repository of datasets, enabling researchers, startups, and academia to develop AI models that address India’s diverse needs. AI4India is dedicated to making India self-reliant in AI technologies, fostering inclusivity, and aligning innovation with the nation’s socio-economic priorities.For more information, visit www.ai4india.org.

    Youtube Link :https://www.youtube.com/clip/Ugkx5jgdSfkgVOOfYjp2lzfFM5wsdxfFr_Yi

    Youtube Link :https://www.youtube.com/clip/Ugkx5jgdSfkgVOOfYjp2lzfFM5wsdxfFr_Yi

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  • Dhanlaxmi Crop Science IPO to Open on December 9, 2024; Price Band Set at Rs. 52- Rs. 55 Per Share

    Dhanlaxmi Crop Science IPO to Open on December 9, 2024; Price Band Set at Rs. 52- Rs. 55 Per Share

    Ahmedabad (Gujarat) [India], December 9: Serving Indian farmers since 2005, Dhanlaxmi Crop Science is a technology-driven seed company engaged in the development, production, processing, and supply of hybrid and open-pollinated seeds for a wide range of field crops and vegetables. These seeds ensure better quality and higher yields suited to diverse agro-climatic conditions. The company is poised for its Initial Public Offering (IPO), with plans to raise ₹23.80 crores through the issuance of 43.28 lakh new shares.

    For its SME Initial Public Offering (IPO), Dhanlaxmi Crop Science Limited has established a price band of ₹52 to ₹55 per share. The company’s shares will open for subscription on December 9, 2024, and close on December 11, 2024. These shares will be listed on the NSE SME platform, with a projected listing date of Monday, December 16, 2024.

    Finshore Management Services Limited is the book-running lead manager for the Dhanlaxmi Crop Science IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

    The proceeds from the issue will be utilized to meet working capital requirements and for general corporate purposes. The shares for the Dhanlaxmi Crop Science IPO are expected to be allotted on Thursday, December 12, 2024, and credited to the demat accounts of the allottees on Friday, December 13, 2024. The IPO allocation comprises 50% of the net issue for Qualified Institutional Buyers (QIBs), 35% for retail investors, and 15% for the Non-Institutional Investor (NII) segment.

    Retail investors need to contribute a minimum of ₹1,10,000, as the minimum lot size for an application is 2,000 shares. For HNIs, the minimum bidding size is two lots, or 4,000 shares, requiring a total investment of ₹2,20,000 at the upper price band.

    Dhanlaxmi Crop Science Ltd reported revenue of ₹11,996.26 lakhs for HY1 FY25, with a net profit of ₹820.81 lakhs. The company boasts a Return on Capital Employed (ROCE) of 39.07%, a Return on Equity (ROE) of 33.82%, and a Debt-to-Equity ratio of 0.06.

    The company integrates traditional breeding techniques with biotechnological tools to produce hybrid and open-pollinated varieties of field crops and vegetable seeds. These seeds offer higher yields, improved quality, and greater tolerance to pests and diseases compared to naturally occurring varieties.

    As of March 31, 2024, the company’s product portfolio includes over 24 seed varieties for various field crops and vegetables. It operates through a network of 1,185 authorized dealers across four states and has access to farmland in four states through contractual agreements with more than 45 seed growers and organizers.

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  • Embelliish Unveils its First Luxury Furnishings Studio in Raghuvanshi Mills, Mumbai

    Embelliish Unveils its First Luxury Furnishings Studio in Raghuvanshi Mills, Mumbai

    Mumbai [Maharashtra] [India], December 09: Embelliish – the luxury designer curtains and bespoke soft furnishings pioneer, announced the launch of a flagship studio in Raghuvanshi Mills, Mumbai. The immersive space marks the brand’s ethos of transforming interiors into poetic expressions through fabrics and furnishings, giving visitors an opportunity to witness unique craftsmanship and artistry.

    An inviting and soothing vibe calls architects, interior designers, and their clients alike, to seek tailor-made, bespoke solutions suited to unique visions. Covering a gross built area of about 3300 sq. ft., the studio showcases intricate fabric designs with Embelliish’s iconic craftsmanship from hand-embroidered couture curtains to sleek motorised blinds. The studio features an expansive fabric gallery hosting a wide range of textiles, intricate hand-embroidered designs, minimalist contemporary patterns from top-of-line brands from across the world. “Embelliish was founded on the belief that fabrics are more than just finishing touches – they are storytellers of space,” says Hitesh Bhanushali, founder. “This new studio allows us to showcase how soft furnishings can punctuate spaces with elegance and personality,” adds Neelam Bhanushali, Co-Founder and Creative Director.

    There is a dedicated zone for customisation, which enables clients to experiment with various textures, pleats, and embellishments, thereby co-creating designs uniquely theirs. “Through this studio, we aim to bridge the gap between imagination and reality. It’s a space where clients can visualise how soft furnishings can elevate their interiors, blending seamlessly into the narrative of their home or project,” concludes Hitesh Bhanushali.

    Launch of the Mumbai studio marks a momentous occasion in the journey of innovation and growth of Embelliish. It not only reiterates the brand’s position of being most-sought-after, it redefines the future with newer opportunities like partnering with young textile artists and designing ready-to-install designer curtains.

    About Embelliish  

    Embelliish was found in 2007 by the duo Hitesh and Neelam Bhanushali. This endeavour was the result of a mutual passion to create transformational space. Initially launched from a small garage, it now is a prime luxury design studio setting benchmarking within soft furnishings. With Hitesh’s operational accuracy blending with Neelam’s creativity, the studio provides service from conceptualisation to installation, including after-sales maintenance. Every Embelliish creation is an art form that goes beyond the function it provides. The studio, while working with designers and with clients, follows very precise planning and proper execution to meet the desired goal.

    With more than 60 skilled artisans at a state-of-the-art facility, the brand brings traditional hand-done techniques in conjunction with cutting-edge technology, which makes for quality and innovation in every piece created. The brand is exploring exciting new directions, including collaborations with textile artists, the use of sustainable materials, and launching ready-to-install designer curtains. All of these activities will find their place in the brand’s mission to make everyday interiors into reflections of individuality and elegance.

    For More information please visit : https://embelliish.com/

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