Rockingdeals IPO to open on November 22, Sets price band at Rs 136-140 for IPO, Anchor Bidding on 21st November

MUMBAI, 18 NOVEMBER, 2023 (AGN): Rocking Deals Circular Economy is primarily a B2B re-commerce player that started operations in 2005. The company is primarily engaged in bulk trading of excess inventory, open-boxed inventory, re-commerce products, and refurbished products.

The company’s products range in several categories such as small home appliances, apparel, kitchenware and household, speaker & mobile accessories, large appliances, footwear etc. The products are generally of various well-known brands such as Samsung, Thomson, MI, LG, symphony, ZARA, Nike, Reebok, Campus, Sony, JBL, Boat, Gizmore, One Plus, etc.

The B2B segment constitutes a significant portion of the revenue, contributing 97.43% in FY 2022-23, 96.84% in FY 2021-22, and 99.94% in FY 2020-21. The clients include Jindal Mega Mart, Brand Wala, VLE Bazaar Private Limited, HIC International, PSUAVI, KRAT India, Zazz Technology etc.

Promoters of Rocking Deals Circular Economy –Mr. Aman Preet, Mrs. Kulbir Chopra, and Mrs. Avneet Chorpa

As of 30 June 2023, the company has over 18 categories of Stock Keeping Units (SKU) i.e., electrical appliances (Syska, Havells, LG, Panasonic, Usha, Crompton, Luminous, Phillips, etc.), apparel & footwear (Zara, Nike, Campus, etc), speaker (Boat, JBL, Gizmore), mobile and mobile accessories (Lenovo, Boat, Gizmore, etc) and various other products which the company procures from e-commerce vendors of platforms like Snapdeal (Juscorp), affiliates of Flipkart and Amazon, etc; companies like GO Auto, Salora International, Zazz Technology Connect Private Limited; and dealers & distributors like Matrix Housewares, Raj Agency, Sudhi Enterprises, etc.

Rocking Deals IPO Details

Rocking Deals IPO Dates	22 – 24 November 2023
Rocking Deals Circular IPO Price	INR 136 – 140 per share
Fresh issue	15,00,000 shares (INR 20.4 – 21 crore)
Offer For Sale	Nil
Total IPO size	15,00,000 shares (INR 20.4 – 21 crore)
Minimum bid (lot size)	1,000 shares (INR 140,000)
Face Value	INR 10 per share
Retail Allocation	35%
Listing On	NSE SME

Experience the Bollywood Magic LIVE with Shahid Kapoor, Nora Fatehi, Malaika Arora, and Sunil Grover at 'Stardom' Concert!

MUMBAI,  5^th NOVEMBER 2023 (AGN):  Mumbaikars are all set to witness the first of its kind LIVE Bollywood show slated to be hosted on 20th January 2024. Talented artists across Bollywood, Music, Comedian will come together with their power packed performances at this spectacular event. ‘Stardom’, presented by Outcry Entertainment is set to redefine entertainment with an unparalleled line-up of curated dance and music acts by prominent Bollywood personalities, Shahid Kapoor, Nora Fatehi, Malaika Arora, and Comedian Sunil Grover. The evening will feature a star-studded line-up like never before!

What to expect:

• Power-Packed Dance Performances: Shahid Kapoor, Nora Fatehi, and Malaika Arora will set the stage on fire with their larger-than-life dance acts.

• Hilarious Comedy Acts: Get ready for a laughter riot as Sunil Grover takes on multiple characters in his side-splitting comedy acts.

• Non-Stop Entertainment: With 4 hours of non-stop entertainment, Stardom guarantees an evening packed with excitement and unforgettable moments.

• Grand Entries: Experience the grand entries of your favorite stars, adding to the overall glitz and glamour of the event.

•  Professionally Choreographed Acts: Witness professionally choreographed acts with an ensemble of talented dancers that will leave you mesmerized.

•  Ultimate Showdown Finale Act: Stardom concludes with a spectacular finale act that promises to be the ultimate showdown, leaving the audience breathless.

Moreover, the event will also witness high energy musical performances by the well-known music artists.The event will also offer multiple bars and a food court to cater to all needs.

Commenting on the concert, Saurabh Chaudhary, Director and Founder, Outcry Entertainment said, "Stardom is an exceptional live Bollywood entertainment event concept that will debut with its first event in Mumbai. This event will create a one-of-a-kind experience, providing a space for the audience to come together and celebrate with their favorite artists while experiencing them perform live. With Stardom, we aim to set new standards in the world of entertainment by bringing together the most acclaimed Bollywood artists on a single platform."

Actor Shahid Kapoor enthusiastically expresses, "It's always exciting to do live stage shows because you get to interact with the live audience, which is my favorite part. I'm extremely excited to be dancing in Mumbai, which is my hometown, and performing live for the Mumbai audience. I can't wait to get on stage and give them an amazing night.”

Actor Malaika Arora says, “I have been performing live since many years now. Stage performance is something that instantly connects me to the audience, and I am happy when I do it. Waiting to share Bollywood magic right to you. It's time to celebrate the sheer joy of Bollywood with an unforgettable show!" 

Actor Nora Fatehi mentions, "I am excited to be a part of Stardom. Live performances are something that I thoroughly enjoy as an artist. That's where the magic of storytelling truly comes alive, where we connect, inspire, and share our souls with the audience that's right there, in the moment with us. It's time to rejoice again with a mesmerizing show.”

Comedian and Actor Sunil Grover says, “I feel comedy is all about right timing at the right time. Performing LIVE on stage has always been special to me. The instant feedback from the audience is a game-changer, and it helps refining my act. Glad to be a part of Stardom, where I will be showcasing few of my favourite acts for the crowd.”

Don't miss your chance to be a part of the most electrifying Bollywood live event in Mumbai. Stardom is where the magic happens, where Bollywood comes alive, and where you'll create memories that last a lifetime.

For ticket information and details, visit https://in.bookmyshow.com/mumbai/events/stardom-biggest-bollywood-live-experience/ET00370038 ENDS

 

 

 

Paytm brings exciting travel discount, free cancellation, 100% refund policy and more for your train and bus ticket during Diwali

MUMBAI, 4th NOVEMBER, 2023 (AGN): As the festive holiday of Diwali approaches, there is a growing excitement to celebrate it with family and friends travelling to their hometown or exploring a new city creating lasting memories. This Leisure travel during Diwali is now possible with affordable travel deals on online bookings of train and bus. Paytm has exciting offers and services for a unique trip experience that can be arranged in minutes. The platform is a one-stop solution that gives you the privilege to plan an affordable trip on your own with an enhanced travel booking journey.

Here’s how you can plan your travel with Paytm in a budget friendly way. 

Up to ₹500 off on bus tickets

To enjoy your festive holidays at an affordable cost, Paytm is offering up to ₹500 off on bus ticket booking through its platform.  

Live bus tracking services 

For safe and hassle free travel, Paytm is offering a live bus tracking service that ensures users can travel at ease and stress free while also sharing the real time location of their booked bus with their close.  Also, with Paytm’s Best Price Guaranteed feature, Paytm assures users of the lowest price across 2,500 bus operators. 

Free train ticket cancellation and instant refund 

Through Paytm platform, users can now cancel their train ticket, six hours before their departure or chart preparation whichever is earlier, hassle free and also get an instant full refund on their source account without having to state the reason for the cancellation. Most important thing is that users don’t have to wait for days to receive their refund. The feature is available for all types of train ticket bookings including tatkal tickets. 

Zero charges on train ticket 

On train ticket bookings, users can book tickets on UPI with an advantage of zero service & payment gateway charges. This leverages users from paying additional charges and saves money.  

Live train status 

Passengers can also check the live train running status and PNR status on the Paytm app which enables them to travel at ease and stress free. 

Paytm is also the authorised partner of Indian Railway Catering and Tourism Corporation (IRCTC) and has empowered its users with a seamless and superfast train ticket booking experience. Booking travel tickets through Paytm app provides a seamless experience with free cancellation, 100% refunds, travel insurance, easy & quick booking, exciting cashback and 24/7 customer assistance.Ends

Graphics Solutions files draft papers to mop up funds via IPO

Deepanshu Goel, Promoter and Managing Director, Creative Graphics Solutions

MUMBAI, NOVEMBER 1^st, 2023 (AGN):  Integrated packaging ecosystem player Creative Graphics Solutions has filed its preliminary papers to raise funds through an Initial Public Offering (IPO).

The IPO is purely a fresh issuance of up to 64 lakh equity shares with a face value of Rs 10 per equity share and the shares of the company will be listed on NSE Emerge, the company said in a statement on Wednesday.

The company has appointed Corporate Capital Ventures as the book-running lead manager, and Bigshare Services Pvt Ltd as the registrar for the IPO.

Creative Graphics plans to use the net proceeds to invest in its subsidiary, Wahren India Pvt Ltd, to meet inorganic growth through unidentified acquisitions for the company, to meet the working capital requirements, and general corporate purposes, as per the statement.

"The flourishing pharmaceuticals and FMCG sectors open a flood of opportunities for our products, and we are poised to unleash and expand our capabilities with the capital we are raising through this IPO," Creative Graphics Solutions Promoter and Managing Director Deepanshu Goel said.

The Noida-headquartered company has clocked a revenue of Rs 91.78 crore and a profit of Rs 8.64 crore in FY23.

Incorporated in 2014, Creative Graphics specialises in manufacturing flexographic printing plates, including digital flexo plates, conventional flexo printing plates, letterpress plates, metal back plates, and coating plates.

It operates seven manufacturing facilities in Noida, Vasai, Pune, Chennai, Baddi, Hyderabad, and Ahmedabad.

Creative Graphics has two subsidiaries -- Creative Graphics Premedia (CG Premedia) and Wahren India.

While CG Premedia offers end-to-end premedia services, from design adaptation to print production and Wahren India supplies high-quality packaging solutions for the pharmaceutical industry.

For more information, please visit: https://creativegraphics.group/  

Agri-drone firm AITMC Ventures Ltd (AVPL) Files DRHP to float IPO on NSE Emerge platform

MUMBAI, OCTOBER 31st, 2023 (AGN):  AITMC Ventures Limited (AVPL), a pioneer in developing a self-sustained ecosystem covering the entire farming value chain around drone technology, today announced the filing of its Draft Red Herring Prospectus (DRHP) with NSE Emerge. The Company will offer a fresh issue of up to 2,07,32,000 equity shares with a face value of Rs. 2/- each through the book-building route. SKI Capital Services Limited has been appointed as the Book Running Lead Manager to the Issue, and Bigshare Services Private Limited as the Registrar to the Issue. 

The Gurugram-based company operates three broad business verticals – Skill Development, Drones Skilling and Assembly and Agri-retail. Founded by entrepreneurs Deep Sihag Sisai (Managing Director) and Preet Sandhuu (Chairman) in 2016, AVPL is a “Category A” Training Partner recognised by the National Skill Development Corporation (NSDC) and serves a wide range of government departments & agencies, including other training providers. The company has two subsidiaries – SPH Aviation Private Limited and Farmers City International Private Limited, which enables an ecosystem play. SPH offers DGCA-approved Drone Pilot training programmes at their RPTOs. At the same time, Farmers City International fosters community engagement by establishing Farmer’s City Marts (FCMs), serving as comprehensive one-stop shops for farming needs.

“Since 2016, we have focused on building an integrated, robust ecosystem”, said, Deep Sihag Sisai, Founder & Managing Director, AVPL. “The journey towards being a listed company is yet another testament to our commitment to enriching the Indian Agricultural Ecosystem through technology, skill development and democratising access to solutions. We are confident that the increasing adoption of drone technology in agriculture presents a substantial growth opportunity for our Drone-as-a-Service (DaaS) offerings. Furthermore, we are well-positioned to benefit from government incentives and support as we have aligned our strategies with the government’s priorities such as employment and income augmentation in the agriculture sector”, further added Deep. 

The company will employ the proceeds from the issue for funding new business initiatives by investing in its subsidiaries. Besides, the company will also utilise part of the proceeds towards the working capital. 

Commenting on the upcoming issue, Ghanisht Nagpal, Partner Investment Banking, SKI Capital Services Limited, said, “AVPL is aiming to capitalise on an ecosystem play – at the intersection of technology, agriculture, and skill development. Deep and his team have a demonstrated business model awaiting the scale-up to the next level with the upcoming IPO. At SKI Capital, we aim to deliver opportunities for value creation – partnering with companies that offer potential for scalable, sustainable, and stable growth”.

AVPL is focused on ‘Creating a pool of Dronepreneurs and Agripreneurs’ through structured training programmes supported by the Government. By leveraging government subsidies and financial partnerships, AVPL aims to empower individuals with Agri-Drones, enabling them to explore entrepreneurial opportunities in the agricultural sector. Drones manufactured by the company will be available for sale to Dronepreneurs and qualified Drone Pilots in compliance with Government of India regulations. The company has established a Drone Production unit in Jhajjar. It is in the process of establishing a Manufacturing Unit in the “Aviation Hub” in Hisar, Haryana, for R&D and application testing. Besides, AVPL has 11 centres of excellence for Agriculture and drone training across Haryana, Gujarat, Uttar Pradesh, Madhya Pradesh, and Rajasthan. AVPL subsidiary SPH Aviation has one approved RPTO at Gurugram, whereas two more in Sirsa and Sonipat have been submitted to DGCA. Another 8 RPTO applications on their existing Training facilities are in line to submit with DGCA in the next 15-30 days.

AVPL has already collaborated with multiple states, NSDC and NACOF to create Drone Entrepreneurs and Agri Entrepreneurs across India 

AVPL’s total revenue for FY23 stood at Rs. 21.44 crore, compared to Rs. 11.29 crore in FY22. Its EBIDTA for FY23 was Rs. 8.29 crore, compared to Rs. 2 crore in FY22. The company has posted a PAT of Rs. 4.81 crore in FY23 as against Rs. 25.73 lakh in FY22. During Q1FY24, AVPL’s consolidated revenues stood at Rs. 9.62 crore, and EBITDA was Rs. 3.66 crore. PAT for Q1FY24 stood at Rs. 2.34 crore. Its revenue growth was primarily driven by, in the past two years, an increase in the number of students trained by the company. The pre-issue shareholding of the Promotor Group stands at 74.16% as of the date of filing the DRHP. AVPL has 113 employees.

For more information, please visit: https://avplinternational.com/ 

Kotak Alternate Asset Managers’ Iconic Fund raises Rs 1000 crore

MUMBAI, 31 OCTOBER, 2023 (AGN): Kotak Alternate Asset Managers Limited (KAAML) today announced that its Kotak Iconic Fund has successfully raised Rs 1,000 crore. The open-ended fund has been conceptualised as an equity multi-advisor portfolio solution. The fund has maintained a flexible approach by adopting diversified active and passive strategies across market capitalisation and tactical allocations.

In today’s dynamic investing landscape, investors are finding it increasingly difficult to keep up with rising volatility and ever changing market environment, which makes it challenging for investors to build and maintain equity portfolios across market cycles. Kotak Iconic Fund solves for this with its disciplined framework-based investing & risk management to deliver a smooth investing journey.

Lakshmi Iyer, CEO – Investments and Strategy, Kotak Alternate Asset Managers Limited said, "The journey to Rs 1,000 crore in AUM has been marked by unwavering dedication, resilience, and the trust of investors who have chosen Kotak Iconic as their preferred investment vehicle in the Indian equities space. Kotak Iconic Fund helps bring efficiency and operational ease to investor’s equity journey. The fund's team of seasoned professionals consistently identifies investment strategies that align with the fund's investment objective.”

Nishant Kumar, Head of Discretionary Portfolio Solutions, Kotak Alternate Asset Managers Limited said, “Kotak Iconic offers investors a one-stop solution for their equity allocation that dynamically handles strategy selection, allocation and performance monitoring. Kotak Iconic Fund is built on a foundation of rigorous research, disciplined framework-based investing, risk management and a deep understanding of the Indian economic landscape.”

Kotak Iconic Fund is setup as a category III Alternative Investment Fund (AIF) under SEBI regulations, managed by Kotak Alternate Asset Managers Limited, the alternate asset management arm of the Kotak Mahindra Group. 

Kotak Iconic Fund is also enabled to accept inflows from five offshore jurisdictions, including the US, UK, Singapore, DIFC and Hong Kong providing a convenient investing platform for non-residents to access Indian equity markets. KAAML under the brands, Kotak Optimus and Kotak Iconic offers multi-asset and equity discretionary portfolio solutions to both resident and non-resident investors having varying investment objectives.

About Kotak Alternate Asset Managers Limited 

Kotak Alternate Asset Managers Limited, erstwhile Kotak Investment Advisors Limited, is a part of Kotak Mahindra Group (Kotak), focuses on alternate assets management and investment advisory businesses. The company was set up in early 2005 and has raised/managed/advised over US$ 18 billion across different asset classes including Private Equity, Real Estate, Infrastructure, Special Situations, Data Centre and Private Credit. KAAML also has a significant Investment Advisory business, and all asset management and Investment Advisory businesses are managed by independent teams. 

મણપ્પુરમ ફાઇનાન્સ પ્રમોટેડ આશિર્વાદ માઇક્રો ફાઇનાન્સ લિમિટેડે રૂ. 1500 કરોડના IPO માટે ડ્રાફ્ટ પેપર્સ ફાઇલ કર્યા

મુંબઈ, 5 ઑક્ટોબર, 2023 (આદર્શ ગુજરાત/ બબિતા): અશિર્વાદ માઇક્રો ફાઇનાન્સ, લિસ્ટેડ NBFC મણપ્પુરમ ફાઇનાન્સની પેટાકંપની,  એક નોન-બેંકિંગ ફાઇનાન્સ કંપની - માઇક્રોફાઇનાન્સ સંસ્થા ("MFI") ઓછી આવક ધરાવતી મહિલાઓને માઇક્રોફાઇનાન્સ લોન ઓફર કરે છે, સામાજિક અને આર્થિક રીતે વંચિત લોકોની સેવા અને સશક્તિકરણ કરે છે, પ્રારંભિક પબ્લિક ઓફરિંગ (IPO) માટે ભંડોળ ઊભું કરવા માટે મૂડી બજાર નિયમનકાર સેબી પાસે તેનો ડ્રાફ્ટ રેડ હેરિંગ પ્રોસ્પેક્ટસ (DRHP) ફાઇલ કર્યો છે.

IPO ની ફેસ વેલ્યુ રૂ. 10 પ્રતિ શેર છે અને તે રૂ. 1500 કરોડ સુધીના ઇક્વિટી શેરનો તાજો ઇશ્યુ છે જેમાં વેચાણ માટે કોઇ ઓફર (OFS) કમ્પોનેન્ટ નથી.

આ મુદ્દો પુસ્તક નિર્માણ પ્રક્રિયા દ્વારા બનાવવામાં આવી રહ્યો છે, જેમાં લાયકાત ધરાવતા સંસ્થાકીય ખરીદદારોને પ્રમાણસર ધોરણે ફાળવણી માટે 75% કરતા ઓછો ઇશ્યુ ઉપલબ્ધ રહેશે નહીં, બિન-સંસ્થાકીય બિડરોને ફાળવણી માટે ઇશ્યૂના 15% થી વધુ ઉપલબ્ધ રહેશે નહીં, અને છૂટક વ્યક્તિગત બિડર્સને ફાળવણી માટે ઇશ્યૂના 10% થી વધુ ઉપલબ્ધ રહેશે નહીં.

કંપની, આ મુદ્દા માટે અગ્રણી બેન્કરો સાથે પરામર્શ કરીને, રૂ. 300 કરોડ ("પ્રી-આઇપીઓ પ્લેસમેન્ટ") સુધીની રોકડ વિચારણા માટે ખાનગી પ્લેસમેન્ટ પર ઇક્વિટી શેરના વધુ ઇશ્યૂ પર વિચાર કરી શકે છે. જો આવી પ્લેસમેન્ટ પૂર્ણ થઈ જશે, તો તાજા ઈશ્યુનું કદ ઘટશે.

DRHP મુજબ, તાજા ઈશ્યુમાંથી મળેલી ચોખ્ખી આવકનો ઉપયોગ ભવિષ્યની વ્યાપાર જરૂરિયાતોને પહોંચી વળવા અને FY24માં તૈનાત કરવાની યોજના માટે કંપનીના મૂડી આધારને વધારવા માટે કરવામાં આવશે.

અશિર્વાદ માઇક્રો ફાઇનાન્સે 2008 માં તમિલનાડુમાં માત્ર બે શાખાઓ સાથે તેની સફર શરૂ કરી. વર્ષોથી તેણે સમગ્ર ભારતમાં તેની પહોંચ વિસ્તારી છે, હવે તે 22 રાજ્યો અને 4 કેન્દ્રશાસિત પ્રદેશોમાં 1684 શાખાઓના નેટવર્ક દ્વારા હાજર છે, 31 માર્ચ, 2023 સુધીમાં, જે 450 જિલ્લાઓને આવરી લે છે.

31 માર્ચ, 2023 સુધીમાં તે માઇક્રોફાઇનાન્સ પોર્ટફોલિયોમાં 3.25 મિલિયન સક્રિય લોનધારકોને પૂરી પાડે છે જે તેની મોટાભાગની અસ્કયામતો મેનેજમેન્ટ હેઠળ છે. તે સોના સામે લોન પણ પૂરી પાડે છે અને MSME લોન પૂરી પાડે છે

તે તેની ભૌગોલિક પહોંચને ધ્યાનમાં રાખીને ભારતની સૌથી મોટી NBFC MFI છે અને મેનેજમેન્ટ હેઠળની સંપત્તિ અને ગ્રાહકોની સંખ્યાની દ્રષ્ટિએ ત્રીજા સ્થાને છે. તે રાજ્યની હાજરીની દ્રષ્ટિએ બીજા ક્રમે છે અને ટોચના 3 રાજ્યોમાં સૌથી ઓછી સાંદ્રતા જાળવી રાખે છે જ્યારે તેની સરખામણી દેશના ટોચના 10 NBFC MFIs સાથે કરવામાં આવે છે. 

નાણાકીય વર્ષ 23 માં અશિર્વાદે માત્ર તેના ક્લાયન્ટ બેઝમાં નોંધપાત્ર વૃદ્ધિ જ નથી જોઈ, જ્યાં તે 16% થી વધુ વૃદ્ધિ પામ્યો હતો પણ જ્યારે તે શાખા દીઠ વિતરણની વાત આવે છે ત્યારે પણ તે આગેવાની કરે છે.  

નાણાકીય વર્ષ 2022-23 માટે, અસિરવાદ માઈક્રો ફાઈનાન્સ પાસે નાણાકીય વર્ષ 2021-22 માટે રૂ. 7,002.18 કરોડની સામે રૂ. 10,040.89 કરોડની AUM (અસ્કયામત હેઠળની સંપત્તિ) હતી. તેનો કર પછીનો નફો નાણાકીય વર્ષ 21-22માં રૂ. 15.26 કરોડની સરખામણીએ FY22-23માં રૂ. 218.13 કરોડ હતો, જે તેને MFI પીઅર ગ્રૂપમાં વર્ષ-દર-વર્ષ વૃદ્ધિની દ્રષ્ટિએ બીજી-શ્રેષ્ઠ પેઢી બનાવે છે.

નાણાકીય 2023 માં, તેણે અનુક્રમે 17.09% અને 2.63% પર, ઇક્વિટી પર ત્રીજા-ઉચ્ચ અને MFI પીઅર ગ્રૂપમાં અસ્કયામતો પર ચોથું-સૌથી વધુ વળતર પોસ્ટ કર્યું.

JM ફાઇનાન્શિયલ લિમિટેડ, કોટક મહિન્દ્રા કેપિટલ કંપની લિમિટેડ, નોમુરા ફાઇનાન્સિયલ એડવાઇઝરી એન્ડ સિક્યોરિટીઝ (ઇન્ડિયા) પ્રાઇવેટ લિમિટેડ, અને SBI કેપિટલ માર્કેટ્સ લિમિટેડ બુક-રનિંગ લીડ મેનેજર છે, અને લિંક ઈન્ટાઇમ ઈન્ડિયા પ્રાઈવેટ લિમિટેડ ઓફરના રજિસ્ટ્રાર છે. ઈક્વિટી શેર બીએસઈ અને એનએસઈ પર લિસ્ટેડ થવાની દરખાસ્ત છે.