Business – Page 226 – THE ECONOMIC INDIA

22 Jul

Kataria Industries’ IPO Achieves Unprecedented Success Under Yash Kataria Stewardship

BusinessBusiness

New Delhi (India) July 22 : Kataria Industries, under the adept leadership of Ratlam Boy Yash Kataria, has made a significant mark with its Initial Public Offering (IPO), achieving unprecedented success. The IPO has garnered remarkable interest from investors, resulting in an extraordinary oversubscription across all segments. Unprecedented Subscription Rates The IPO saw an exceptional response, with the High Net Worth Individuals (HNI) segment subscribing over 900 times, while the retail segment recorded a subscription rate exceeding 250 times. This overwhelming demand reflects the strong confidence investors have in Kataria Industries and its promising future. Massive Collection To date, the IPO…

22 Jul

Dreame India Appoints Manu Sharma as Managing Director to lead its India Operations and Market Expansion

BusinessBusiness

New Delhi (India), July 22: Dreame Technology, a leading global smart home appliance brand, announced the appointment of Manu Sharma as Managing Director for its India operations. In this leadership role, Manu will be responsible for developing and executing strategic initiatives to drive Dreame’s growth and establish a strong brand presence in the Indian market. He will also oversee Dreame’s regional product strategy, marketing and sales operations as well as building a team in India. Manu Sharma brings over 25+ years of experience in the consumer electronics industry. Previously, he held key leadership positions at Nothing India (Vice President and General Manager) and Samsung India (Vice…

22 Jul

BigBloc Construction Ltd recommends 1:1 Bonus Issue

BusinessBusiness

The company’s board also approved a proposal to increase the authorized share capital from Rs. 15 crore to Rs. 30 crore, subject to the approval of the members. Surat, (Gujarat) (India) July 22 : Board of directors of BigBloc Construction Limited, one of the largest manufacturers of Aerated Autoclaved Concrete (AAC) Blocks, Bricks, and Panels in India has recommended issue of bonus equity shares in the ratio of 1:1 in the meeting held on July 19, 2024. The board also approved the proposal of increasing the authorised share capital of the company to Rs. 30 crore divided into 15 crore…

22 Jul

Asian Granito Showcases Premium Tile, Marble, and Quartz Collection at iDAC Kolkata

BusinessBusiness

Kolkata (West Bengal) [India], July 22: Asian Granito India Limited (AGL), a leading brand in luxury surface products such as Tiles, Marbles, Quartz, and Bathware solutions has proudly showcased its premium offerings at the 45th edition of the iDAC Intelligence Series held at Raajkutir Rangmanch, Kolkata on 12 July. As an associate partner of the event, AGL contributed to the success of this premier platform for changemakers in the build industry. AGL’s participation in iDAC Kolkata was marked by the showcase of its premium Tile, Marble, and Quartz products. Known for their quality and innovative design, AGL’s products received significant…

22 Jul

Sahaj Oil Reaches Milestone of 100,000 Customers in Just Four Years

BusinessBusiness

Ahmedabad (Gujarat) [India] July 22 : Sahaj Oil, the brainchild of Manishkumar Babulal Vaddoriya, proudly announces a significant achievement of serving 100,000 customers within a span of just four years. This milestone reflects the brand’s commitment to quality and customer satisfaction in the edible oil industry. Since its inception in October 2020, Sahaj Oil has been dedicated to providing 100% natural and pure groundnut oil, free from any additives or preservatives. Embracing a chemical-free, cold-pressed extraction process, Sahaj Oil ensures that the nutritional integrity and flavor of the oil are preserved, making it a healthy choice for consumers. “Our journey…

20 Jul

KLM Axiva Finvest to Raise Up to Rs 15,000 Lakhs via NCDs

BusinessBusiness

Kochi (Kerala) [India], July 20: KLM Axiva Finvest Ltd has announced the Company’s tenth public issue of secured redeemable non-convertible debentures with a face value of ₹Rs.1000. The base public issue size is ₹7,500 lakhs and the public issue limit will be with an option to retain over-subscription up to ₹7,500 lakhs, aggregating up to ₹15,000 lakhs with an option for additional subscription up to ₹7,500 lakhs. The NCD issue opened on 22nd July 2024 and will be closed on 2nd August 2024. KLM Axiva Finvest will raise aggregating up to ₹7,500 lakhs (“base issue”) with an option to retain…

20 Jul

Asian Granito Showcased Latest Tile, Marble, Quartz, and Bathware Collections at IIID Insider X Exhibition Hyderabad

BusinessBusiness

Hyderabad (Telangana) [India], July 20: Asian Granito India Limited (AGL), a leading brand in luxury surface products such as Tiles, Marbles, Quartz, and Bathware solutions proudly presented its latest collections at the IIID Insider X Exhibition held from June 28 to 30, 2024, at the Hitex Exhibition Centre, Hyderabad. This prestigious event, known for its focus on innovation, art, and interior trends, provided AGL with a platform to display its cutting-edge products to a diverse audience of industry professionals and enthusiasts. The 5th edition of The Institute of Indian Interior Designers (IIID) Showcase InsiderX 2024 was inaugurated by Chief Guest,…

20 Jul

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

BusinessBusiness

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…

20 Jul

LYC2024 Announces the Launch of LycanChain and its Robust Ecosystem targeting Mass Adoption

BusinessBusiness

LycanChain Introduces H-DPOS Consensus and Unveils Native Ecosystem Dubai (UAE), July 20: In a groundbreaking move, LYC2024 has announced the advent of the “Age of the Beast” with the launch of LycanChain, a pioneering Layer 1 Blockchain Network that operates on a unique Hybrid Delegated Proof of Stake (H-DPOS) consensus mechanism. This bold initiative promises to revolutionize the Web3 landscape with its innovative technologies and robust ecosystem. LycanChain made a powerful entrance into the world of emerging technologies during an exciting event in Downtown, Dubai on July 13, 2024. The event, LYC2024, featured the first-ever Lycan Node live auction and…

20 Jul

Unveiling Lotus DermaBotanics: A Revolution in Skincare!

BusinessBusiness

In today’s fast-paced world, skincare has become an essential part of daily life. As our primary defence 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, 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…