HP India expands Laser M300 Series with high-speed, auto-duplex printers for Indian businesses

News Highlights:

New models built for SMBs, print shops, and fast-growing enterprises, combining performance and reliability for everyday business needs.

Sleek all-white design debuts HP’s first separate drum and toner system, delivering up to 10,000 pages with 33 ppm auto-duplex printing for faster, more efficient performance at lower costs.

New Delhi, 26 November 2025 - HP India today announced the expansion of its Laser M300 Series with three new models - HP Laser 335dn, Laser 335dw, and MFP 355sdnw. The new auto-duplex printers strengthen M300 monochrome laser portfolio for India’s fast-growing SMB, enterprise, and print shop segments. Designed for high-volume, high-performance printing, the new range delivers faster output, lowers operating costs, and increases efficiency. It also features 20% recycled plastic for a sustainable design, addressing the evolving needs of India’s agile and cost-conscious businesses. 

The new models deliver high-quality laser printing with sharp text and bold detailing, along with enhanced speed and reliability for high-volume businesses in India. Featuring a compact, energy-efficient design, these devices handle demanding workloads and can deliver up to 33 ppm with automatic duplex printing effortlessly. 

The lineup introduces HP’s first separate drum and toner system for the A4 commercial channel, reducing replacement costs and extending device life. The HP Laser 335dw and MFP 355sdnw also enable mobile printing via the HP App. It also includes a single-function, network-ready model (HP Laser 335dn) for connected business environments.

“The expansion of our Laser M300 Series underscores HP’s commitment to print innovation that empowers Indian businesses with technology that delivers performance, reliability, and uncompromising quality,” said Satish Kumar, Senior Director Print Category, HP India. “These new models bring faster speeds, higher efficiency, and sustainable design to support SMBs, print shops, and enterprises as they adapt to new ways of working and stay competitive in a fast evolving, connected world,” he added.

Enhanced Productivity 

Print speeds up to 33 ppm (A4) with automatic duplex printing across all modelsPrint speeds up to 33 ppm (A4) with automatic duplex printing across all models

First-page-out in just 8.5 seconds for quick turnaround

600 MHz processor and 256 MB memory ensure smooth, reliable workflows

40-sheet ADF on the MFP 355sdnw simplifies multi-page scanning and copying

250-sheets input tray plus multipurpose tray for high-volume tasks

Smart Efficiency, Built for value

Auto-duplex printing cuts paper use and operational costs

High-yield HP 181A/181X toners (up to 3,000 pages) lower cost per page and HP 181A imaging drum (up to 10,000 pages) reduce cost per page and downtime across all models

Compact, space-saving design ideal for small offices and print shops

USB, Ethernet, and wireless connectivity for flexible setup

Simple installation and seamless software compatibility for everyday ease

Sustainable and Energy-Efficient Design

All models are made with 20% recycled plastic to help reduce waste

Certified for environmental and energy efficiency standards in India

Availability and Pricing (on HP eStore)

HP Laser 335dn is priced at INR 24,000 on HP eStore

HP Laser 335dw is priced at INR 25,500 on HP eStore

HP Laser MFP 355sdnw is priced at INR 37,875 on HP eStore

About HP 

HP Inc. (NYSE:HPQ) is a global technology leader redefining the Future of Work. Operating in more than 180 countries, HP delivers innovative and AI-powered devices, software, services and subscriptions that drive business growth and professional fulfillment. For more information, please visit: HP.com 

ICICI Prudential Asset Management Company Limited gets final Sebi nod for IPO

Mumbai-based ICICI Prudential Asset Management Company Ltd has received final approval from the capital markets regulator, Securities and Exchange Board of India (SEBI) for its initial public offering (IPO).

 

The Company had filed its IPO papers with Sebi on 8 July, 2025.

 

The IPO consists of an offer for sale by promoter - Prudential Corporation Holdings.

 

As on the date of the RHP, the issued, subscribed and paid-up share capital of the Company is 17,652,090 shares of Rs 1. Post completion of the proposed bonus issuance, the issued, subscribed and paid-up Equity Share capital of our Company shall increase from 176,520,900 Equity Shares of face value of ₹ 1 each to 494,258,520 Equity Shares of face value of ₹ 1 each.

Subsequent to the proposed bonus issuance, if undertaken, the number of Offered Shares by Prudential Corporation Holdings shall be up to 49,425,852 Equity Shares of face value of ₹ 1 each.

 

ICICI Prudential AMC is a joint venture between ICICI Bank and Prudential Corporation Holdings Limited, operating since 1998. The company is the largest asset management company in India in terms of active mutual fund quarterly average assets under management (QAAUM) with a market share of 13.3% as of March 31, 2025 (Source: CRISIL Report). As of March 31, 2025, the company’s total mutual fund QAAUM was to ₹ 8,79,410 crore. 

 

As of March 31, 2025, the company had the highest market share of equity and equity- oriented schemes QAAUM, of 13.4% across asset management companies in India (Source: CRISIL Report). Its equity-oriented hybrid schemes also had the largest market share in India, as of March 31, 2025, 2024 and 2023 (Source: CRISIL Report). 

 

As of March 31, 2025, the company had the highest market share of equity- oriented hybrid schemes QAAUM, of 25.3% across the mutual fund industry (Source: CRISIL Report). As of March 31, 2025, its mutual fund monthly average asset under management (MAAUM) attributable to individual investors (comprising retail investors and high-net-worth individuals) (Individual Investors) was ₹ 5,65,820 crore. 

 

This represented the highest Individual Investor MAAUM in the Indian mutual fund industry with a market share of 13.8% (Source: CRISIL Report). In addition to its mutual fund business, the company also has a growing alternates business comprising portfolio management services (PMS), management of alternative investment funds (AIFs) and advisory services to offshore clients (PMS, AIF and advisory, collectively Alternates). 

 

The company’s revenue from operations was Rs 4,977.3 crore during FY 25 vis-à-vis Rs 2, 837.4 crore during FY 23. The company’s net profit was Rs 2,650.6 crore during FY 25 vis-à-vis Rs 1,515.8 crore during FY 23.

 

 

ICICI Securities, Citigroup Global Markets India, Morgan Stanley India Company, BofA Securities India, Axis Capital, CLSA India, IIFL Capital Services, Kotak Mahindra Capital Company, Nomura Financial Advisory and Securities (India), SBI Capital Markets, Goldman Sachs (India) Securities, Avendus Capital, BNP Paribas, HDFC Bank, JM Financial, Motilal Investment Advisors, Nuvama Wealth Management and UBS Securities India are the book-running lead manager; and KFin Technologies Limited is the registrar of the offer.

New Delhi–based MV Electrosystems files DRHP for IPO

The IPO is complete fresh issue aggregating to ₹ 2,900 million

Madhuri Madhusudan Kela, wife of ace investor Madhusudan Kela, has a 5.6% stake in the company

  

New Delhi–based MV Electrosystems has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its proposed Initial Public Offering (IPO).

The offer, with a face value of Rs 5 per equity share, consists of a fresh issue of up to ₹ 2,900 million.

Madhuri Madhusudan Kela, wife of well-known investor Madhusudan Kela, has 11,50,000 shares or 5.6% stake in the company as on the date of the Draft Red Herring Prospectus.

The proceeds from its fresh issue worth ₹1800 million will be for funding long-term working capital requirements of the company, ₹ 210 million for investment in research, design and development activities for new power electronic equipment, and general corporate purposes.

The issue is being made through the book-building process, in line with SEBI ICDR Regulations, with up to 75% reserved for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and at least 10% for Retail Individual Investors (RIIs).

Incorporated in 2009, the company is a technology-driven company engaged in the design, development, assembly and manufacturing of electrical & power electronics equipment used in railway rolling stock including IGBT-based 3-phase drive propulsion equipment for electric locomotives, switchgear panels for railway coaches and EMU’s, cable protection and management products and electrical components, systems & sub-systems. 

With a focus on indigenous innovation and sustainable rail transportation, the company is aligned with national and global goals for self-dependence, rail electrification and decarbonization. On September 15, 2025, the company has received approval from CLW, Indian Railways for its in-house designed and developed IGBT-based 3-phase drive propulsion equipment (3-phase propulsion equipment) which includes traction converter-inverter system, auxiliary converter, vehicle control units / train control management system and driver display units - all designed and developed by the company indigenously to meet international safety and performance standards. 

Its vehicle control unit is developed on high performance microprocessor-based modular systems that provide complete traction and propulsion control of the entire locomotive hauled train with continuous monitoring and extensive fault diagnostics. The company is now a part of the ongoing transformation in India’s rail infrastructure, driven by the government of India’s focus on 100% electrification of broad-gauge routes, make-in-India procurement mandates, and the expansion of railway network, including introduction of high-speed trains. 

The in-house design & development of 3-phase propulsion equipment for 6,000 HP Locomotive is a key achievement of the company and it will lead the way for it to create various other energy efficient railway power conversion systems. 

The company has also entered into a business cooperation agreement with PNC Technologies Co Ltd., South Korea for a period of three years to collaborate exclusively for manufacturing, supply and distribution of auto fault locator system for 25 KV rail over-head electrification lines across the country. This marks the company’s entry into the rail electrical infrastructure products.

The company’s assembling-cum-manufacturing facilities are based in village Baghola, Palwal, Haryana (unit 1) and its operations are supported by the dedicated in-house research, design and development centre based at Faridabad, Haryana, with a team focused on developing energy-efficient propulsion technologies, lightweight systems, and advanced digital control platform.

The company has the following certifications - 

IRIS (International Railway Industry Standard) based on ISO /TS 22163:2017 

• ISO 45001:2018 

• ISO 14001:2015 

• ISO 9001:2015

The company has an outstanding order book of ₹ 2,075.16 million (excluding GST) with the Indian railways. 

The company’s revenue from operations was ₹ 172.93 million during the four months ended 31 July, 2025.

The company’s revenue from operations was ₹ 626.37 million during FY25 vis-à-vis ₹ 499.57 million during FY24.

Its net profit was ₹ 14.03 million during FY25 vis – a – vis ₹ 5.57 million during FY24.

Sundae Capital Advisors Private Limited is the book-running lead managers and Kfin Technologies Limited is the registrar of the issue. The equity shares are proposed to be listed on the National Stock Exchange of India Limited and BSE Limited.

Indian Missions help to rescue 269 Indian Nationals Trapped in Cyber Fraud Centres

New Delhi/Mumbai, 20th November, 2025– The Government of India’s efforts to secure the release and repatriation of Indians trapped in cybercrime-linked fraud centers in Southeast Asia are continuing steadily. With the support of the Indian Embassy in Bangkok and the Consulate General of India in Chiang Mai, two special Indian Air Force flights on 18th November facilitated the return of 269 Indian citizens, including 11 women, from Mae Sot, a border town in Thailand.

This operation was carried out through close coordination between Indian missions in Thailand and Myanmar and various agencies of the Thai government. In a post on social media platform ‘X’, the Indian Embassy said, “Today, Indian Embassy in Bangkok and Consulate General of India in Chiangmai in coordination with various agencies of the Royal Thai Government and administration of Tak Province of Thailand, facilitated repatriation of 269 Indian nationals including 11 women through Mae Sot, Thailand by two special flights operated by the Indian Air Force (IAF). These Indian nationals were allegedly involved in scam-centres in Myawaddy, Myanmar, and were released after a recent raid on scam compounds in Myanmar.”

Indian embassies in Thailand and Myanmar are working closely with both governments to bring back Indian nationals caught in the grip of numerous fraud centers operating in Myanmar. Over the past year, Indian missions in Southeast Asia have successfully repatriated more than 1,300 Indians trapped in cyber fraud schemes. This includes the return of 270 citizens earlier this month, in addition to the latest group.

The Indian Embassy in Bangkok further advised, “Indian nationals are strongly advised to verify the credentials of foreign employers, and check the antecedents of recruiting agents and companies before taking up job offers overseas. Further, visa free entry into Thailand for Indian passport holders is meant for tourism and short business purposes only, and should not be misused for taking up employment in Thailand.”

Techtextil India 2025 commences: Ushering in a new era for functional textiles

Ms Sabine Scharrer, Director, Brand Management, Technical Textiles and Textile Processing, Messe Frankfurt GmbH

Guest of Honour, Smt R Lalitha, IAS, Director of Textiles, Department of Textiles, Government of Tamil Nadu

Mr Pramod Khosla, Member of Committee of Administration, The Manmade and Technical Textiles Export Promotion Council (MATEXIL)

Mr Mahesh Kudav, Chairman, Indian Technical Textiles Association

Mr Raj Manek, Executive Director & Board Member, Messe Frankfurt Asia Holdings Ltd

Mumbai, 19th November 2025: Techtextil India 2025, a premier trade fair for technical textiles, non-wovens and composites, organised by Messe Frankfurt Trade Fairs India, has opened today at Bombay Exhibition Centre, Mumbai, marking its 10th edition. Running from 19 – 21 November 2025, this landmark edition connects 215 exhibitors, including 100 first-time exhibitors to the textile value chain, featuring innovations across 12 application-based textile segments.

With the ever-growing textiles industry, the show’s dynamic agenda features 300+ brands, a dedicated Sporttech Pavilion and a German Pavilion - which features 13 brands. Visitors will have ample engagement and networking opportunities to discover next-generation solutions and deepen partnerships at this vital B2B event.

The show was inaugurated in the august presence of distinguished dignitaries, including:

Guest of Honour, Honourable Smt R Lalitha, IAS, Director of Textiles, Department of Textiles, Government of Tamil Nadu, Mr Pramod Khosla, Member of Committee of Administration, The Manmade and Technical Textiles Export Promotion Council (MATEXIL), Mr Mahesh Kudav, Chairman, Indian Technical Textiles Association, Ms Sabine Scharrer, Director, Brand Management, Technical Textiles and Textile Processing, Messe Frankfurt GmbH & Mr Raj Manek, Executive Director & Board Member, Messe Frankfurt Asia Holdings Ltd

Guest of Honour, Honourable Smt R Lalitha, IAS, Director of Textiles, Directorate of Textiles, Government of Tamil Nadu, sharing her experience opined: “The Techtextil India 2025 is an expo that weaves together leading innovators, policymakers and companies to frame appropriate policies for the growing industry. I believe that man-made fibres is the sunrise sector in the future. Concepts like sustainability and circularity will give rise to better technology that could help speed up research and development in India.”

On this milestone occasion, Mr Raj Manek, Executive Director and Board Member, Messe Frankfurt Asia Holdings Ltd, commented: “The Indian textile industry is witnessing a remarkable transformation driven by government support, technological innovation and global demand for sustainable materials. Techtextil India 2025 will not only showcase the latest in technical textiles and nonwovens but also serve as a knowledge-driven hub connecting policy with practice. As the high-value, sustainable and globally competitive textile industry is receiving renewed focus, the synergy between government initiatives and industry platforms such as Techtextil India 2025 will continue to strengthen India’s leadership in the global textile landscape. The show weaves together innovation, collaboration and opportunity to create a more resilient, future-ready industry.”

The 10th edition of Techtextil India is a significant platform for innovation, strategic networking, and opportunity creation for the technical textile sector. The opening day has already seen robust participation, energised discussions and promising collaboration.

The three days will intrigue visitors into in-depth knowledge sessions under Techtextil Symposium, ranging from topics such as new avenues for technical textiles, sustainable textiles, India’s activewear future, exploring circular supply chains, fabrics from waste and more.

The expo has garnered support from key industry bodies, including the Manmade & Technical Textiles Export Promotion Council (MATEXIL), Indian Technical Textile Association (ITTA), Department of Textiles (Government of Maharashtra) and Government of Tamil Nadu as the Partner State. Techtextil India is part of Messe Frankfurt’s Texpertise Network

Nissan India Rolls Out Nationwide Test Drive Carnival

Unveils Post-Festive Drive to Sustain Showroom Buzz and Accelerate Bookings

The initiative aims to maintain high footfall momentum, encourage test drives, and let customers experience the thrill and safety of the 5-Star GNCAP-rated New Nissan Magnite.

Gurugram, 19 November 2025: Nissan Motor India is keeping the celebrations alive through the launch of its Test Drive Carnival, a pan-India initiative designed to sustain customer excitement and drive continued footfall to dealerships across the country. Nissan reported a robust October 2025, due to a strong festive demand for Nissan Magnite during Navratri, Dussehra and Diwali, complemented by the positive impact of the GST rate reduction announced by the Government of India. 

This campaign invites customers to experience the thrill of Nissan’s lineup, including the 5-Star GNCAP-rated New Nissan Magnite, while reinforcing the brand’s commitment to safety, innovation, and customer engagement. As part of its ongoing commitment to customer engagement, Nissan Motor India is inviting prospective buyers to get behind the wheel of the New Nissan Magnite, the brand’s flagship compact SUV, recently awarded a prestigious 5-Star safety rating by GNCAP. This initiative forms a key pillar of Nissan’s broader experiential marketing strategy, combining immersive test drive opportunities with on-ground activations to deepen customer connection and drive showroom momentum.

Throughout November, Nissan Motor India is transforming its dealerships into vibrant community hubs as part of its Test Drive Carnival. The initiative features festive-themed décor, interactive games, and live RJ events across 24 key cities, creating an immersive and celebratory atmosphere. Visitors can participate in engaging quizzes, win exciting giveaways, and meet their favourite radio personalities, all while experiencing the thrill of driving the 5-Star GNCAP-rated New Nissan Magnite. The campaign is designed to foster deeper customer engagement and bring the festive spirit to life at Nissan showrooms nationwide.

“The Test Drive Carnival is a celebration of the season and an invitation to experience the refined excellence of the New Nissan Magnite,” said Mohan Wilson, Director, Marketing and Corporate Strategy, Nissan Motor India. “From its advanced safety features to dynamic performance and unmatched value, the Magnite exemplifies what it means to be consistent in its segment. We believe that once customers take the wheel, they’ll discover a driving experience that’s truly a class apart.”

The campaign is being elevated through a strategic 360-degree media approach, encompassing television, print, radio, digital, and social platforms. In 24 key cities, radio activations will feature engaging on-air mentions by RJs and exclusive live RJ interactions at Nissan dealerships, creating immersive touchpoints for listeners. Now’s the perfect time to visit your nearest Nissan dealership! Enjoy exciting offers and exclusive benefits on bookings made before 20th November.

And that’s not all — even more exclusive deals are lined up right after!

Exclusive offers during the campaign

To further enhance the excitement, Nissan dealerships are offering special benefits for customers who book during the campaign period:

(All India except South Zone)

Exchange Benefits: Up to ₹60,000

Cash Benefits: Up to ₹15,000

Early Booking Extra Cash Benefit: Up to ₹11,000

(South Zone)

Exchange benefits: Up to ₹60,000

Cash benefits: Up to ₹10,000

Finance @ 6.99%

Early booking extra cash benefit: Up to ₹11,000

Adding to its strong market momentum, the New Nissan Magnite recently earned a prestigious 5-Star Safety Rating in Global NCAP crash tests, reinforcing its reputation as one of the safest compact SUVs in its segment. Moreover, by extending the full GST benefit to customers, Nissan reduced prices on the New Nissan Magnite by up to ₹1 lakh, making the SUV even more accessible and value-driven. With the extended full GST benefit reducing prices by up to ₹1 lakh, and the launch of the KURO Special Edition in Metallic Grey, Nissan continues to excite customers nationwide with fresh offerings and innovation. 

With its bold presence and expanding footprint across over 65 countries, the Made-in-India New Nissan Magnite continues to embody Nissan’s “One Car, One World” philosophy — representing quality, innovation, and excellence from India to the world. 

Visit your nearest Nissan dealership to test drive the Magnite and be part of the Test Drive Carnival celebrations.

Flipkart Group Diverts Over 21,000 Tonnes of Waste Annually Across Its Supply Chain, Strengthens Zero Waste Systems Nationwide

Waste diversion rates across certified facilities exceed 96% as Flipkart scales structured waste management practices

TRUE Gold Certification from GBCI expands to 12 facilities, reinforcing the company’s waste diversion performance

Bengaluru/ New Delhi - November 18, 2025: Flipkart, India’s homegrown e-commerce marketplace, has successfully diverted over 21,000 tonnes of waste from landfills and incineration annually, achieving a waste diversion rate of over 96 percent across the certified 12 sites. This milestone marks a significant expansion of the company’s Zero Waste efforts since 2023, with eight additional facilities achieving TRUE (Total Resource Use and Efficiency) Gold Certification from Green Business Certification Inc. (GBCI). With this, Flipkart now operates 12 TRUE Gold–certified sites across India, reflecting a scaled and systematic approach to responsible waste management.

TRUE Certification is awarded to facilities that demonstrate best-in-class resource management and divert at least 90% of their waste through reduction, reuse, recycling and recovery. Flipkart’s newly certified sites, such as RDC Calcutta, Sanpka, Farrukhnagar FCSC, Saidham Grocery and FC, Anjaneya, Medchal and Yakubpur, generated 15,846 tons of waste and diverted 15,221 tons, achieving a 96% diversion rate. Further, facilities certified earlier, including Malur BTS FC, Renaissance FCSC, Uluberia FCSC and Farrukhnagar FC, continued to deliver strong performance, diverting 6,481 tons out of 6,537 tons generated, reaching a 99% diversion rate. 

Central to Flipkart’s progress is a comprehensive waste-as-resource approach that prioritises reduction, reuse, redesign, recycling and recovery. Key initiatives include the extensive reuse of returned-shipment cartons within the supply chain, the application of reusable warehouse logistics assets and the deployment of employee-driven solutions through the Moonshine Shop, an internal innovation programme responsible for creating durable and refurbishable transport components that improve efficiency while reducing waste. Flipkart also continues to maintain duplex printing practices across operations and rely on 100% recycled carton materials to strengthen sustainable sourcing.

Commenting on this achievement, Nishant Gupta, Head of Sustainability at Flipkart Group, said, “Our progress reflects a firm belief that waste must be viewed as a resource. The expansion of our TRUE Gold–certified network shows the impact of consistent systems, responsible operations and teams that take ownership of sustainable practices every day. We have built on the foundation set in 2023 and scaled our efforts with stronger data, deeper circularity and a sharper focus on resource efficiency. As we continue to grow, we remain committed to responsible waste management that delivers environmental value and operational gains.”

Flipkart’s structured approach ensures that waste is not merely diverted but processed responsibly and productively. Through its expanded circularity partnerships, paper, plastic and wood scrap are collected at source, sorted precisely, and returned to raw-material suppliers who reprocess them into new finished goods. This circular system reduces pressure on virgin resources and lowers associated environmental impacts. At the same time, it creates operational cost savings through reduced procurement of new materials, lower disposal fees and value realisation from certified recycling streams, reinforcing the economic case for managing waste as a resource.

Alongside its Zero Waste efforts, Flipkart has strengthened employee training on sustainability practices, implemented stricter controls for hazardous and e-waste handling, and introduced improvements across its facilities. These initiatives align with Flipkart’s wider sustainability roadmap, which includes 100 percent paper-based packaging, ~30 MW of rooftop solar capacity, electrification of last-mile delivery through its EV100 commitment, and adherence to green building standards.

Flipkart has also pioneered a large-scale circular economy initiative that has recycled over 26,000 tonnes of paper and improved scrap collection by over 50 percent, further reinforcing its long-term ambition to eliminate waste to landfill across all operations in the years ahead.

About the Flipkart Group

The Flipkart Group is one of India’s leading digital commerce entities and includes group companies Flipkart, Myntra, Flipkart Wholesale, Cleartrip, and super.money. Established in 2007, Flipkart has enabled millions of sellers, merchants, and small businesses to participate in India's digital commerce revolution. With a registered user base of more than 500 million, Flipkart’s marketplace offers over 150 million products across 80+ categories. Today, there are over 1.4 million sellers on the platform, including Shopsy sellers. With a focus on empowering and delighting every Indian by delivering value through technology and innovation, Flipkart has pioneered services such as Cash on Delivery, No Cost EMI, Easy Returns, and UPI payments. Beyond shopping, Flipkart continues to create jobs, empower entrepreneurs, and strengthen India’s digital economy.

Sudeep Pharma Limited’s Rs 895 cr Initial Public Offering to open on Friday, November 21, 2025Price band set at Rs 563 – Rs 593 per Equity Share

Mumbai, November 18, 2025: Sudeep Pharma Limited has fixed the price band of ₹ 563- to ₹ 593 - per Equity Share of face value ₹1/- each for its maiden initial public offer. 

The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Friday, November 21, 2025, for subscription and close on Tuesday, November 25, 2025. Investors can bid for a minimum of 25 Equity Shares and in multiples of 25 Equity Shares thereafter. The Anchor Book will be on Thursday, November 20, 2025.

The IPO is a combination of a fresh issue for Rs 95 crore and an offer-for-sale for up to shares 13, 490, 726 by the promoter and promoter group selling shareholders, for Rs 800 crore.

The proceeds from the fresh issue to the extent of Rs 75.8 crore will be for capital expenditure towards procurement of machinery for its production line located at Nandesari Facility 1, Gujarat and general corporate purposes.

The company is a technology-led manufacturer of excipients and specialty ingredients for the pharmaceutical, food and nutrition industries and is dedicated to contributing to the global healthcare ecosystem. The company leverages its inhouse developed technologies for processes such as encapsulation, spray drying, granulation, trituration, liposomal preparations and blending in an effort to drive innovation in our operations. 

It has established a presence in both, domestic and international markets to over 100 countries, including key regions such as the United States, South America, Europe, the Middle East, Africa, and Asia-Pacific. The company is one of the largest producers of food-grade iron phosphate for infant nutrition, clinical nutrition, and the food and beverage sectors, in terms of production capacity with a combined annual available manufacturing capacity of 72,246 metric tons, as of June 30, 2025 (Source: F&S Report). As of the same date, one of its manufacturing Facilities have been approved by the United States Food and Drug Administration (USFDA) for the manufacture of mineral-based ingredients. 

Sudeep Pharma’s scientific precision and quality has helped position us as a trusted partner for customers around the world. The company has served over 1,100 customers, and have built longstanding relationships with marquee customers including Pfizer Inc, Intas Pharmaceuticals Limited, Mankind Pharma Limited, Merck Group, Alembic Pharmaceutical Limited, Aurobindo Pharma Limited, Cadila Pharmaceutical Limited, IMCD Asia Pte. Ltd., Micro Labs Limited, and Danone S.A. 

ICICI Securities Limited and IIFL Capital Services Ltd are the book-running lead manager; and MUFG Intime India Private Limited is the registrar of the offer.

The Offer is being made through the book-building process, wherein not more than 50% of the net offer is allocated to qualified institutional buyers, and not more than 15% and 35% of the net offer is assigned to non-institutional bidders and retail individual bidders respectively. 

Notes for Reference: 

Issue Size of the IPO based on the upper and lower end of the price band

Issue Size of the IPO based on the upper and lower end of the price band

 

Price Band

Fresh Issue

OFS (13, 490, 726 equity shares)

Total

Lower Band (@Rs 563)

Rs 95 crore

Rs 759.5 crore

Rs 854.5 crore

Upper Band (@Rs 593)

Rs 95 crore

Rs 800 crore

Rs 895 crore

Turning weather uncertainty into farmer resilience, Bayer launches Alivio, focusing on innovation in the agri-insurance space

Mumbai | November 17, 2025: Indian smallholder farmers are increasingly exposed to erratic weather patterns, long dry spells, rising temperatures, shifting seasons, and high-intensity rains. Findings from Bayer’s Farmer Voice Survey – India 2024 reveal that nearly 9 in 10 farmers already feel the negative impact of climate change on their farms, with 72% expecting reduced yields, 62% anticipating increased crop failures, and more than half reporting frequent droughts, heat waves, or excessive rainfall in recent years. In response, farmers are proactively seeking ways to safeguard their livelihoods. While support to manage financial risk, such as insurance, ranks among the top future needs, an even larger share sees promise in digital and weather-based solutions. In fact, 51% identify access to better digital technologies as most beneficial for their farms, underscoring the growing demand for integrated offerings that combine risk protection with timely, actionable insights. However, despite valuing insurance, many farmers remain dissatisfied with existing systems. Common concerns include uncertainty around claim timelines, lack of clarity on payout amounts, and widespread frustration that compensation rarely reflects the actual scale of losses.

Farmer-First Design Meets Digital Intelligence for Resilient Agriculture

In response, Bayer has launched Alivio - meaning “relief” in Spanish - a pioneering digital solution that reimagines risk mitigation while equipping growers with actionable plot insights, delivered as an integrated, value-adding service via Alivio’s mobile application. Unlike traditional insurance products, Alivio - launched in collaboration with the insurance ecosystem and public sector undertaking United India Insurance - uses high-resolution satellite data and advanced crop modelling to offer growth stage-aligned, plot-based, and geo-contextualized protection.

When plot-based agronomic parameters trigger assurance benefits, farmers can redeem them instantly at nearby Bayer channel partners, ensuring immediate access to quality seeds and crop protection products and avoiding disruptions during the crop cycle.

In practice, this means Alivio identifies and aligns protection with the exact risks farmers perceive as most threatening in their local context—such as prolonged dry spells during flowering or extreme heat during grain filling, etc. By tailoring coverage to these location- and stage-specific vulnerabilities, Alivio ensures that support is meaningful, relevant, and directly connected to the challenges farmers face.

By embedding retailers into its operating model, Alivio taps into the informal trust networks that farmers rely on for buying inputs and advice. This trusted channel makes farmers more open to adopting a new digital product and ensures benefits are accessible where they already make farm decisions.

It also bridges the transparency gap between payout eligibility and farmer awareness in traditional insurance. With instant, data-driven triggers and clear, season-long communication, farmers know exactly when they are protected and when benefits are activated - reducing anxiety during the season.

From Data to Insights and Relief: Farmers Seeing Value Early

The first rollout is targeted at rainfed corn growers in Davanagere, Karnataka and Chhatrapati Sambhajinagar, Maharashtra - areas where repeated dry spells have historically reduced yields. By monitoring plot-based conditions, Alivio will trigger assurance benefits if insufficient soil moisture conditions are experienced by the maize crop during critical growth stages. These benefits will be delivered to growers on their Alivio mobile application and can be redeemed at their nearest channel partner store.

In addition, farmers will receive soil moisture forecasts, spray planning support, and crop scouting recommendations tailored to their plots, to name a few data-driven insights. 

Uptake has been strong, with farmers purchasing Alivio within two weeks of launch. “In the past, when the rains failed, we had no hope during the season. With Alivio, I can see the soil moisture for my own plot, and when it drops too low, the benefit comes quickly. This helps me buy what I need for the crop without delay,” said Nagaraja Huchapla, a corn grower from Davanagere Taluka.

Speaking on the launch, Simon Wiebusch, Country Divisional Head, Crop Science Division, Bayer in India, Bangladesh & Sri Lanka said, “Alivio reflects Bayer’s commitment to putting digital innovation in the hands of those who need it most. By blending agronomic intelligence with intuitive design and trusted local networks, we’re helping smallholder farmers turn uncertainty into informed action, making resilience not just possible, but practical.” 

“For too long, crop insurance has left farmers navigating uncertainty alone. With this launch, we are putting farmers at the center of innovation. By combining satellite intelligence, plot-level insights, growth stage-aligned coverage, and strong ecosystem collaboration, we are delivering solutions that truly respond to farmers’ needs. Together with Bayer and United India Insurance, we are proud to drive the transformation the agri-insurance sector urgently requires,” said Mr. Sanjay Radhakrishnan, CEO, Edme Insurance Brokers Ltd.

Expanding Reach Across Crops and Regions

In the coming months, Alivio will expand to onions, chillies, potatoes, grapes, tomatoes and select fruit crops, reaching more regions across India.

This is part of Bayer’s global ambition to reach 100 million smallholders by 2030, with digital innovations at the heart of efforts to increase productivity, resilience, and sustainability. Alivio exemplifies this commitment - combining data intelligence, ecosystem partnerships, and farmer-first design to deliver measurable impact.

Nissan Motor India Celebrates Children’s Day with “Nissan Little Champs”

An immersive and hands-on learning experience for children aged 10–15 years

Exclusive event for Nissan families across Nissan service centres in India

Over 1,300 children across India participated in hands-on learning workshops

Encouraging curiosity, creativity, and safe learning this Children’s Day

New Delhi, November 16, 2025: In celebration of Children’s Day, Nissan Motor India organised a unique nationwide initiative — “Nissan Little Champs”, an interactive, educational, and fun-filled experience hosted across Nissan service centres in India. The event welcomed children of existing Nissan owners, offering them an exciting opportunity to step into the world of automobiles and learn about cars in a simple and engaging way.

The celebration aimed to nurture curiosity and inspire the next generation of automotive enthusiasts, bringing together 1,304 children from Nissan families across India for an engaging lineup of sessions designed exclusively for children aged 10 to 15 years.

Speaking about the initiative, Saurabh Vatsa, Managing Director, Nissan Motor India, said, “At Nissan, we believe in fostering curiosity and learning from a young age amongst children who are going to shape our world for tomorrow. The ‘Nissan Little Champs’ initiative was especially curated across our dealer facilities for children who are fascinated by cars. It brought them closer to the exciting world of Nissan cars through a safe, hands-on learning experience guided by our showroom and workshop teams. It was our way of celebrating the day and making it special for children by combining experiential learning with fun while strengthening our bond with Nissan families.”

The event began with a warm welcome and registration session, followed by three interactive modules:

Session 1: “Do You Know?” – Car Basics Explained

A simple, hands-on learning segment to spark curiosity about how car engines, brakes, and tyres work through engaging visual aids.

Session 2: “Know Your Nissan” – Learn from the Brand

Participants learned about car safety tools, Nissan’s innovation journey, and fun facts about the brand that highlighted Nissan’s global legacy.

Session 3: “Walk Around” – Explore the Nissan Service World

A guided tour of the service workshop and Nissan Magnite helped children connect automotive concepts to real-life operations from inspection bays to paint booths while emphasizing safety and teamwork.

The day concluded with a celebration ceremony, where each participant received a Certificate of Participation and a Nissan-branded goodie as a token of appreciation. The dealerships also captured special group photos and video messages from the children and their parents, highlighting their favorite moments and learnings.

The initiative was made possible through Nissan’s dealership network, with each service centre hosting up to 20 children selected from nearby areas. Parents accompanied their children throughout the event to ensure a safe and memorable experience.

Nissan Motor India has consistently championed child welfare through impactful CSR programs promoting healthcare, nutrition, and education for underprivileged children across India.

As part of this commitment, Nissan partnered with Smile Train India, successfully completing their collaboration in May 2024. The initiative supported 290 free cleft surgeries for children from economically weaker sections during FY23, providing life-changing treatment at Smile Train’s partner hospitals. 

In 2023, Nissan also collaborated with The Akshaya Patra Foundation to support the mid-day meal program for government school students in New Delhi. Through this partnership, over 50 lakh nutritious meals were provided to 49,000 children across 300 schools, improving health, reducing micronutrient deficiencies, and enhancing school attendance and learning outcomes.

Together, these initiatives reaffirm Nissan’s long-standing belief in empowering children through access to healthcare, nutrition, and experiential learning—shaping a generation ready to dream big and #DefyOrdinary. This year’s celebration further reflects Nissan’s continued commitment to building meaningful community engagement and fostering experiential learning, embodying the brand’s ethos of making a positive difference in everyday moments.

The New Nissan Magnite has been recognised among the safest B-SUVs, earning a prestigious 5-star Global NCAP rating for Adult Occupant Protection and 3 stars for Child Occupant Protection. With its bold design, over 20 first and best-in-segment features, and 55+ safety features, the Magnite continues to set benchmarks in the compact SUV segment.

Proudly Made in India, the New Nissan Magnite embodies Nissan’s ‘One Car, One World’ strategy and is now sold in over 65 countries across both right-hand and left-hand drive markets, showcasing India’s manufacturing excellence on a global stage. The company is also gearing up for the upcoming launch of its new global C-SUV, the Nissan Tekton, which will be introduced in India next year and exported to select international markets.