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Showing posts from August, 2024

Viacation Inaugurates New Walk-In Travel Store in Ghatkopar East, Mumbai

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Mumbai, 28 August 2024 - Viacation Tourism Private Limited, a leading name in India's travel solutions industry, proudly announces the opening of its first retail store in Mumbai, located in Ghatkopar East. This marks the beginning of their retail footprint in Mumbai, with more locations set to open across the country in the coming month, including in Jaipur, Chandigarh, Bengaluru, Siliguri, and Guwahati, taking Viacation's total presence to well over 10 travel stores nationwide. The new Ghatkopar store, occupying 300 square feet, offers an extensive range of travel services, including air ticketing, escorted group tours to Europe and other international destinations, domestic holiday packages across India, and MICE (Meetings, Incentives, Conferences, and Exhibitions) services. “We are thrilled to launch our first walk-in retail outlet in Mumbai, a city that epitomizes vibrancy and diversity. This store represents a significant milestone for Viacation as we continue to brin...

Gala Precision Engineering Limited’s Initial Public Offering to open on Monday, September 02, 2024, price band set at ₹503/- to ₹529/- per Equity Share

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  Mumbai, Tuesday, August 27, 2024: Gala Precision Engineering Limited is a precision component manufacturer of technical springs like disc & strip springs (“ DSS ”); coil & spiral springs (“ CSS ”) and special fastening solution (“ SFS ”), has fixed the price band of ₹503/- to ₹529/- per Equity Share of face value ₹10/- each for its maiden initial public offer. The Initial Public Offering (“ IPO ” or “Offer” ) of the Company will open on Mon day, September 02 , 2024 , for subscription and close on Wednes day, September 04, 2024 . Investors can bid for a minimum of 28 Equity Shares and in multiples of 28 Equity Shares thereafter.   The IPO consists of fresh issue of up to 25,58,416 equity shares and an offer for sale (OFS) of up to 6,16,000 equity shares by Promoter Group Selling Shareholders and Individual Selling Shareholders.   The proceeds from the fresh issue, to the extent of Rs 370 million for setting up a new facility at Vallam-Vadagal, SIPCOT, Srip...

Baazar Style Retail Limited’s Initial Public Offering to open on Friday, August 30, 2024, price band set at ₹370/- to ₹389/- per Equity Share

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Mumbai, Monday August 26, 2024: Baazar Style Retail Limited, a value fashion retailer offering quality and affordable products under the apparels and general merchandise segments, through a chain of ‘value retail’ stores, has fixed the price band of ₹370/- to ₹389/- per Equity Share of face value ₹5/- each for its maiden initial public offer. The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Friday, August 30, 2024, for subscription and close on Tuesday, September 03, 2024. Investors can bid for a minimum of 38 Equity Shares and in multiples of 38 Equity Shares thereafter. The IPO consists of fresh issue of up to Rs 148 crore and an offer for sale (OFS) of up to 1,76,52,320 equity shares by Promoter Group Selling Shareholders and Investor Selling Shareholders. The proceeds from the fresh issue, to the extent of Rs 146 crore for prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company; and general corporate purposes. E...

Axis Mutual Fund Launches 'Axis Consumption Fund

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  Highlights: Category: Thematic Benchmark: NIFTY India Consumption TRI Fund Managers: Mr. Hitesh Das, Mr. Shreyash Devalkar, and Ms. Krishnaa Narayan (For Overseas Securities)  NFO open date: 23rd August 2024 NFO close date: 06th September 2024 Minimum Application Amount: Rs.100 and in multiples of Rs.1/- thereafter Exit Load: If redeemed/switched out within 12 months from the date of allotment:  For 10% of the investment: Nil  For the remaining investment: 1%  If redeemed/switched out after 12 months from the date of allotment: Nil Typical Investment Horizon: 5+ years Mumbai, August 22, 2024: India's economic landscape is undergoing a rapid transformation fuelled by rising incomes, urbanization, and burgeoning middle class. To harness the power of India’s thriving consumption sector and to offer investors a strategic opportunity to benefit from the country’s escalating consumer demand, Axis Mutual Fund, one of the fastest-growing fund houses in India, proudly ...

Samantha Ruth Prabhu Joins World Pickleball League as Team Chennai Owner

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  Debut edition scheduled for 24th Jan-2nd Feb 2025 Mumbai, August 20, 2024: The World Pickleball League (WPBL) - owned by Natekar Sports and Gaming, today announced actress Samantha Ruth Prabhu as the owner of the Chennai franchise. Widely respected for her acting prowess, Samantha’s foray into the World Pickleball League marks her exciting debut as a sports entrepreneur. As the owner of the Chennai franchise, Samantha will play a pivotal role in shaping the league's future and promoting pickleball’s popularity in India. Her involvement underscores her commitment to India's evolving sports ecosystem, with a particular focus on increasing women's participation as athletes as well as entrepreneurs. “Love at first sight — that's exactly how I'd describe my feelings for pickleball. It caught my attention from the moment I was introduced to it. Today, I'm thrilled to be the owner of the Chennai franchise in the upcoming World Pickleball League. I've always wante...
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As part of a significant Corporate Social Responsibility (CSR) initiative and NSDL, SBI Sanjeevni Nirantar Seva has inaugurated a 24/7 health center that provides a wide range of essential services. With the help of Doctors For You Organisation, this initiative promises a transformative impact on highway safety and healthcare accessibility. The program's 24/7 emergency ambulance services aim to reduce response times and increase survival rates, while minimizing morbidity and secondary complications. It also provides primary healthcare services through a make shift clinic that will contribute in enhancing convenience and safety for truck drivers. It includes providing immediate medical attention, thus improving their ability to safely operate vehicles. Overall, this initiative ensures that emergency healthcare is accessible round-the-clock, optimizing resource utilization. It includes free health check-ups, medications, emergency transport, BP and blood sugar testing, medical consul...

Kalpataru Limited has filed its Draft Red Herring Prospectus (“DRHP”) with Securities and Exchange Board of India (“SEBI”)

 Kalpataru Limited focus on the development of luxury, premium, and mid-income residential, commercial, and retail projects, integrated townships, lifestyle gated communities, and redevelopments. For their residential developments, the company build and sell a wide range of properties including villas, duplexes, apartments, and plots of varying sizes, with a primary focus on luxury, premium, and mid-income residential real estate.   As of March 31, 2024, Kalpataru’s ongoing projects comprised approximately 22.02 msf of Developable Area. Further, as of March 31, 2024, their forthcoming projects comprised approximately 19.93 msf of developable area, and are expected to launch across the Financial Years 2025, 2026 and 2027 in various phases. Kalpataru’s ongoing projects and the pipeline of forthcoming projects offer a significant competitive advantage to them. While a majority of the company’s projects are located in the MMR and Pune, Maharashtra, they have two ongoing projects i...