pr – Page 125 – THE ECONOMIC INDIA

02 Sep

Aeron Composite Ltd’s Rs. 56.10 crore IPO receives overwhelming response, subscribed over 41 times; listing on 4 September.

New Delhi [India] September 2: The initial public offering of Ahmedabad-based Aeron Composite Ltd, engaged in manufacturing and supply of fibreglass reinforced polymer products, received an overwhelming response for its Rs. 56.10 crore SME IPO and got subscribed over 41 times. Non institutional investor category received the highest interest among investors and was subscribed over 75 times. The retail segment was subscribed over 33.7 times, and the Qualified Investor segment was subscribed over 27.8 times. The public issue of the company closed for subscription on 30 August 2024. Company’s shares will be listed on the NSE EMERGE Platform of the…

02 Sep

Lancer Container Lines Ltd enters agreement with Indonesian company to lease 10000 TEUs

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New Delhi [India] September 2: Lancer Container Lines Ltd, one of the leading integrated Shipping and Logistics solution providers in India, has entered an agreement with a prominent Indonesian company, P.T. Map Trans Logistic, Surabaya, to lease 10,000 TEUs (Twenty-Foot Containers and Forty-Foot Containers). The agreement was signed in the presence of Mr. Khalik Chataiwala, Managing Director of Lancer Container Lines Limited, and Mr. Praful Jha, Director of P.T. Map Trans Logistic, Surabaya. The management at Lancer Containers Lines Limited views this strategic partnership as a step forward in increasing leasing activities, thereby helping the company expand its business and…

02 Sep

Ridhima Dua Concludes India’s Premier Week-Long Advanced New Code NLP Event In Pune – Setting New Standards in Experiential Transformation Coaching

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Pune (Maharashtra) [India], September 2: The coaching and training industry in India reached a new pinnacle last week as Ridhima Dua, Founder and Director of iFlame Consulting, successfully concluded a groundbreaking Advanced New Code NLP (Neuro-Linguistic Programming) program at the Sheraton Grand’s Sovereign Room. This week-long event, held from August 23-30, has been recognized as one of India’s finest New Code NLP practitioner programs, setting a benchmark for experiential learning and deep transformational coaching. The event attracted a diverse group of participants from across the country, including Delhi, Punjab, Maharashtra, Chennai, Bangalore, Orissa, Hyderabad, Karnataka, Rajasthan, Madhya Pradesh, and Uttar…

31 Aug

BigBloc Construction Ltd approves 1:1 Bonus Issue at the Annual General Meeting

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New Delhi [India], August 31: BigBloc Construction Limited, one of the largest manufacturers of Aerated Autoclaved Concrete (AAC) Blocks, Bricks, and Panels in India, has approved the issue of bonus equity shares in the ratio of 1:1, i.e. one bonus equity shares of face value Rs. 2 each for every one existing equity share of Rs. 2/- each held by the shareholders of the company as on the record date, at company’s Annual General Meeting held on Thursday, August 29, 2024. The bonus issue is aimed at reward existing shareholders, enhance liquidity, and expand the shareholder base. The company also…

29 Aug

SV Nathan, Former Partner and Chief Talent Officer Deloitte- South Asia, Joins Executive Board Of MyAnatomy

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New Delhi [India], August 29: In a seismic shift that promises to revolutionize India’s talent landscape, MyAnatomy is thrilled to announce a strategic addition to its Board of Directors, SV Nathan, a name synonymous with excellence in HR, who has graciously accepted the invitation to join the company’s leadership. This marks a significant milestone in MyAnatomy’s journey towards transforming career development and corporate engagement globally. SV Nathan’s vast expertise spans Manufacturing, Hospitality, IT, Telecom, Consulting and Professional Services, promising to bring a wealth of insights to MyAnatomy’s innovative platform and services. “We are deeply honored and humbled to welcome Mr.SV…

29 Aug

Epic version of Indian National Anthem sets Guinness World Record

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Kolkata (West Bengal) [India], August 29: An epic version of the Indian National Anthem conceptualized by Grammy winner Ricky Kej with Kolkata-based cultural activist Sundeep Bhutoria as the associate producer, has set a new landmark by entering the Guinness Book of World records as the “Largest Singing Lesson” featuring a choir of nearly 14,000 tribal children from Odisha who performed together at the Kalinga Institute of Social Sciences in Bhubaneswar, Odisha. The video also features living musical legends of India – Pandit Hariprasad Chaurasia, Rakesh Chaurasia, Amaan & Ayaan Ali Bangash, Rahul Sharma, Jayanthi Kumaresh, Sheik & Kaleeshabi Mahaboob, Giridhar…

29 Aug

Zionmart: Revolutionary Digital Commerce Platform with ONDC Integration

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New Delhi [India], August 29: E-commerce is a vast and rapidly growing industry with leading players like Amazon and Flipkart dominating the platforms to attract an even larger consumer base. In this pool of competitors, Indifly’s Zionmart, based in Pune, has emerged with its robust partnership as a significant player in the Open Network for Digital Commerce (ONDC) ecosystem. As India’s first logistics buyer app on ONDC, Zionmart is setting new benchmarks by integrating cutting-edge technology with an expansive reach, particularly in tier 2 and tier 3 cities. Zionmart’s achievements, its key role in ONDC, and the impact of its…

28 Aug

Boss Packaging Solutions Ltd planning to raise up to Rs. 8.41 crore from public issue; IPO opens August 30

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Ahmedabad (Maharashtra) [India], August 28: Boss Packaging Solutions Ltd, Ahmedabad-based Packaging Machines Manufacturing & Solution company, is planning to raise up to Rs. 8.41 crore from its SME public issue. The company has received approval to launch its public issue on the NSE Emerge Platform of the National Stock Exchange. The public issue opens for subscription on August 30 and closes on September 03. The Proceeds of the public issue will be utilized to fund the company’s working capital requirement, additional CNC equipment and general corporate purposes. Fedex Securities Private Limited is the book-running lead manager of the issue. The…

28 Aug

Six Dreams Unveils Engaging Esports Fantasy Application Experience for Cricket and Esports Fans

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New Delhi [India], August 28: Six Dreams, a daily esports fantasy platform in India, proudly announces its commitment to providing engaging fantasy gameplay for two of the most popular sports: cricket and esports. With the Six Dreams esports fantasy application, users can play contests without investing real money by earning SD coins from daily logins, watching ads, and more. India’s first esports fantasy application aims to provide cricket and esports fans in the country an opportunity to engage in their favorite games in a new way. Using highlights like the BGMI series in the esports category and catering to the growing…

28 Aug

Aeron Composite Ltd raises Rs. 15.17 crore from Anchor Investors

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Ahmedabad (Gujarat) [India], August 28: Ahmedabad-based Aeron Composite Ltd, a leading company engaged in manufacturing and supply of fibreglass reinforced polymer products, has raised Rs. 15.17 crore from anchor investors on August 27, a day before its public issue opens for a subscription. Company allotted 12,14,000 equity shares at Rs. 125 per share (including a share premium of Rs. 115 per share) at its board meeting held on August 27, 2024, in consultation with the Book Running Lead Manager to the Issue. Company’s Rs. 56.10 crore Public issue of the company opens for subscription on August 28 and closes on…