Business – Page 144 – THE ECONOMIC INDIA

09 Jul

KLM Axiva Finvest Launches 12th Public Issue of Secured NCDs Worth up to Rs 150 Crore

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Kochi (Kerala) [India], July 9: KLM Axiva Finvest Ltd has announced its Twelfth public issue of secured, redeemable, non-convertible debentures (NCDs) with a face value of ₹1,000 each. The base issue size is ₹7,500 lakhs, with an option to retain oversubscription up to ₹7,500 lakhs, aggregating up to ₹15,000 lakhs. The public issue opened on July 9, 2025, and will close on July 22, 2025, with an option for early closure or extension, subject to necessary approvals. This issue offers ten different investment options with tenures ranging from 400 days to 79 months. The effective annual yield for investors ranges from 9.92% to 11.30%, depending on the chosen option. The minimum…

09 Jul

Jindal Mobilitric Unveils EV (Electric Vehicle) With An Impressive 165 Km Range

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Ahmedabad (Gujarat) [India], July 9: Jindal Mobilitric, a division of M/s. Jindal Worldwide Limited, as “JWL” (here in M/s. Jindal Mobilitric Private Limited (“the company”) is a subsidiary of JWL), has revealed its EV model, which gives a range of 165 km, one of the highest in the industry. The company has submitted its products for homologation and is expecting government approval soon. As soon as the approval comes into place, the company plans to launch its products through the dealer network it has established. The company has 35 dealers and is planning to go up to 100 in the…

08 Jul

India’s Premier Flagship MICE and Luxury Travel Congress Returns to Goa in Style – MILT Congress 2025 Set to Redefine MICE & Luxury Travel Industry

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Goa [India], July 8: QnA International is thrilled to announce the 12th Annual MICE India & Luxury Travel Congress (MILT), India’s only dedicated platform that unites the nation’s most influential corporate buyers with leading global hospitality and MICE brands. Set against the breathtaking backdrop of Taj Cidade de Goa’s Horizon, the congress on 24th and 25th July 2025 promises an exclusive blend of high-impact networking, pre-arranged one-to-one meetings, and insightful discussions — all crafted to accelerate growth in the rapidly expanding Indian MICE and luxury travel markets. MILT Congress Goa 2025 stands as the ultimate powerhouse for connecting key decision-makers…

07 Jul

GLEN Industries Limited IPO To Open On 08th July, Sets Price Band At Rs 92 to Rs 97 Per Share

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New Delhi [India], July 7: Incorporated in 2007, Glen Industries Limited (GIL) is engaged in the manufacturing of eco-friendly food packaging and service products. The company is poised for its initial public offering (IPO), with plans to raise INR 62.94 crores through the issuance of 64.97 lakh new shares. For its SME Initial Public Offering (IPO), Glen Industries Limited has established a price band of Rs 92 to Rs 97 per share. The company’s shares will open for subscription on Tuesday, July 8, 2025 and closes on Thursday, July 10, 2025. These will be listed on the BSE SME, with…

07 Jul

Iris Clothings Rewards Shareholders with 1:1 Bonus Share Issue

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Howrah (West Bengal) [India], July 7: Iris Clothings Limited (NSE: IRISDOREME), a readymade garment company engaged in designing, manufacturing, branding, and selling garments for kids wear, has announced the issuance of bonus equity shares in a 1:1 ratio, granting shareholders one bonus share for every fully paid-up equity share held. The record date to determine eligible shareholders has been fixed as July 4, 2025, following approval from shareholders via postal ballot on June 25, 2025. This bonus issue reflects the company’s confidence in its long-term growth trajectory and reaffirms its commitment to delivering value to its stakeholders. The move is expected to enhance stock liquidity and make the…

07 Jul

Smarten Power System Limited IPO Opens on July 07, 2025

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Mumbai (Maharashtra) [India], July 7: Smarten Power System Limited (The Company, Smarten) is engaged into designing and assembling of power back-up and solar power products, proposes to open its Initial Public Offering on Monday, July 07, 2025, aiming to raise ₹ 50.00 crores, with shares to be listed on the NSE Emerge platform. The issue will close on Wednesday, July 09, 2025. The issue size is 50,00,400 equity shares at a face value of ₹ 10 each with IPO price of ₹ 100 per share. Equity Share Allocation Non-Retail Investors – 23,74,800 Equity shares Retail Individual Investors – 23,74,800 Equity shares Market Maker Portion – 2,50,800 Equity…

05 Jul

Stratum Real Estate Advisory partners with Shapoorji Pallonji Real Estate to drive sales & marketing for BKC 9

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Mumbai (Maharashtra) [India], July 5: Stratum Real Estate Advisory is proud to partner with Shapoorji Pallonji Real Estate (SPRE) to lead the sales and marketing mandate for BKC 9, its premium residential project in Bandra East. Strategically positioned in the micro-market of Kherwadi and adjacent to the city’s prime business hub, BKC, BKC 9 is a thoughtfully designed project that reflects SPRE’s legacy of quality, innovation, and excellence. Recognising the project’s immense potential and growing market momentum, SPRE brought Stratum on board to further accelerate customer engagement and sales traction. To unlock the project’s full potential, Stratum crafted a customised go-to-market…

05 Jul

This AI Startup Is Turning India’s Hiring Chaos into Quick Commerce

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New Delhi [India], July 5: Tallento.ai, a bootstrapped AI-driven recruitment platform, has crossed 1 million registered professionals and partnered with over 5,500 employers across India—redefining how talent is discovered, verified, and hired. By blending artificial intelligence, gamification, and mobile-first simplicity, the company is building what it calls “India’s Quick Commerce of Hiring”—bringing job matching down from weeks to minutes. Founded by alumni of IIT Guwahati, NIT, and IIMB, Tallento.ai has emerged as a purpose-driven alternative to traditional job portals. It combines AI-powered algorithms, gamified job journeys, and intuitive mobile-first design to enable companies to hire verified talent in minutes—dramatically reducing…

04 Jul

Fourfront Limited Files DRHP On BSE SME For IPO

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Mumbai (Maharashtra) [India], July 4: Fourfront Limited (Fourfront, the Company), an automotive component manufacturer with design capabilities for electromechanical and power electronics products for the EV and industrial automotive sectors, has announced plans to enter the primary market with an IPO. The company has filed its Draft Red Herring Prospectus with BSE SME in preparation for the IPO. The company plans to issue 65,00,000 fresh equity shares with a face value of ₹ 10 each. As the company advances with its IPO plans, Part-financing the Proposed Project FF, Funding incremental working capital requirements, Investment in our wholly owned Subsidiary for financing the Proposed Project EV,…

04 Jul

HOAC FOODS INDIA LIMITED Raises ₹1,000.00 Lakhs in Qualified Institutional Placement (QIP)

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New Delhi [India], July 4: HOAC FOODS INDIA LIMITED, a primarily engaged in the manufacturing and distribution of high-quality natural food products under the brand name “HARIOM”, offering a diverse range that includes chakki atta (wheat flour), organic herbs and spices, unpolished pulses, grains, and cold-pressed yellow mustard oil, has successfully raised ₹1,000.00 Lakhs through its first-ever Qualified Institutional Placement (QIP). The QIP, launched on June 30, 2025, and closed on July 03, 2025, saw significant interest from investors, underscoring strong confidence in the company’s strategic vision and market position. HOAC Foods India Limited allocated 4,97,250 equity shares, each with a face…