GSK’s new campaign asks parents to support their children’s future with 7 crucial vaccinations

Mumbai, 25th July 2024: GSK today announced the launch of its new multichannel campaign 'Ab India Banega 7-Star.' The campaign shows parents that the future of India is in their hands. It encourages them to secure their children’s future with 7 essential vaccinations* against 14 diseases**, which include chickenpox, hepatitis A, hepatitis B, meningitis, measles, mumps, rubella, pneumonia, influenza, diphtheria, tetanus, pertussis, HiB infection, and polio.

The Indian Academy of Pediatrics (IAP) recommends 7 vaccinations for children aged 1 to 2 years: two doses of chickenpox and hepatitis A, second dose of meningitis# and MMR, booster doses of PCV and DTP Hib IPV and annual dose of flu . Although, immunisation coverage in the first year is high in India, drop-out rates after 1st birthday increase. Hence, a significant number of children in the country remain partially vaccinated . 

Dr. Shalini Menon, Medical Director, GSK, said, "After a child’s first birthday, it is critical to build robust immunity against serious vaccine-preventable diseases. The immunity granted by the vaccination can extend to the community thereby preventing the spread of disease and could help address threat of increasing antimicrobial resistance by reducing the need for antibiotics. The 7 essential vaccinations given at this age protect them from 14 dangerous diseases and help them grow into healthy adults. Through this campaign, we want to communicate to parents the critical need to give their children the recommended vaccinations between the ages of 1 and 2 years.” 

The central creative focus of the campaign films is on the critical need for the 7 vaccinations. The two campaign films show professionals in different fields, such as a cricketer and a space-station mission director, pausing their important jobs to check if a child has received the 7 essential vaccinations. Current ‘stars’ of India giving a powerful message to parents of future ‘stars’ of India, is captured in the films. The films effectively convey the message that securing a child’s future is more important than any other job and that this future rests on the 7-star protection offered by the 7 vaccinations.

The campaign will run across multiple media platforms such as TV, digital, social media, radio, CTV (connected TV), and OTT. Parents should consult their paediatricians to know more about the vaccination schedule for their children and utilise verified sources of information such as MyVaccinationHub.in 

Campaign ad-film links: 

7-Star Protection – ‘Cricketer’ – 35s

https://youtu.be/-P3WYX02j20 

7-Star Protection – ‘Astronaut’ – 35s

https://youtu.be/l-83TyeMHew

About GlaxoSmithKline Pharmaceuticals Limited 

GlaxoSmithKline Pharmaceuticals Limited is a subsidiary of GSK plc, a science-led global healthcare company with a purpose to unite science, technology, and talent to get ahead of disease together. Visit GSK-India.com for more information. 

Streax Professional unveils the SPECTRUM Collection at its MEGA SHOW 2024 in Mumbai

~ With its 5th edition, the brand reaffirms its commitment towards educating salonists and beauty professionals ~

Mumbai, 22nd July, 2024 - Streax Professional, a trendsetter in professional hair care, dazzled at the 5th edition of its MEGA SHOW 2024 in Mumbai, celebrating creativity and skill in the salon industry. Held at The Lalit on July 22, 2024, this one-day extravaganza showcased cutting-edge techniques and trend-setting styles.

The MEGA SHOW 2024 was an immersive experience, providing a dynamic platform for cut, color, and style enthusiasts. The event showcased six extraordinary looks from Streax Professional’s highly anticipated SPECTRUM collection, captivating the audience with its vibrant and versatile themes. Designed to educate and inspire, the event highlighted Streax Professional’s unwavering commitment to enhancing the skills and knowledge of salon partners. It emphasized the brand’s position as a fashion-forward authority in the beauty industry. With hands-on sessions and interactive demonstrations, the event underscored the significance of education, empowering salon professionals with cutting-edge techniques and trends.

Reflecting on the event's success Rochelle Chhabra, Head at Streax Professional, said, "At Streax Professional, we view education as the cornerstone of our industry. Our flagship event, the MEGA SHOW, is dedicated to equipping the salon community with cutting-edge knowledge and skills. This premier platform provides in-depth training on the latest international trends and advanced techniques, ensuring our professionals remain at the forefront of hair fashion while celebrating exceptional talent within our community. Our focus on education ensures that international trends are translated into practical, actionable techniques for our salon community. By providing in-depth training, we help salonists adapt these global trends to their own practices, enhancing their creativity and skills.

She further added, “The 5th edition of the MEGA SHOW proudly unveils the groundbreaking SPECTRUM Collection. Building on the success of past collections like Retro Remix, Marigold, Mercurial, and Kaleidoscope, SPECTRUM showcases a stunning range of vibrant, sophisticated, and transformative colors. This collection is not just about introducing new shades; it represents our commitment to innovation and creativity, embodying individuality, confidence, and style.

Priyanka Puri, Senior Vice President, Marketing at Streax Professional, added, "Streax Professional is a trendsetter in the industry, consistently capitalizing the latest international styles. Our unique edge lies in our deep understanding of Indian hair, enabling us to adapt global trends to suit Indian hair and skin tones.

The Streax Professional MEGA SHOW series exemplifies our dedication to the salon community by showcasing the latest trends and techniques. This year, we are thrilled to introduce the SPECTRUM Collection, featuring innovative products such as Funky Colors in Blue, Green, Yellow, and Orange. Additionally, we have launched our new range of Argan Secrets Hair Color - High Lift Shades.  Each look is designed to push boundaries and reflect evolving fashion and consumer preferences. Starting in Mumbai and expanding nationwide, our goal is to inspire and engage hair stylists and salons across India with our vibrant, high-quality offerings."

 

Vipul Chudasama, Creative Director at Streax Professional, emphasized, “The SPECTRUM collection showcased at MEGA SHOW 2024 embodies the essence of modern beauty, blending innovation with artistry. It’s inspiring to see our salon partners embrace these looks with such enthusiasm and creativity.”

Following the triumph in Mumbai, Streax Professional is excited to bring MEGA SHOW 2024 to other major cities, including Delhi, Ahmedabad, Guwahati, Kolkata, and Chandigarh. Each event promises to deliver an unparalleled experience of learning and inspiration, fostering a community of highly skilled and fashion-forward salon professionals.

The MEGA SHOW 2024 will take place in the following cities:

Delhi: August 6, 2024 

Ahmedabad: August 13, 2024 

Guwahati: August 27, 2024 

Kolkata: September 3, 2024

Chandigarh: September 10, 2024 

GSK’s new campaign asks parents to support their children’s future with 7 crucial vaccinations

 

Mumbai, 23rd July 2024: GSK today announced the launch of its new multichannel campaign 'Ab India Banega 7 Star.' The campaign shows parents that the future of India is in their hands. It encourages them to secure their children’s future with 7 essential vaccinations* against 14 diseases**, which include chickenpox, hepatitis A, hepatitis B, meningitis, measles, mumps, rubella, pneumonia, influenza, diphtheria, tetanus, pertussis, HiB infection, and polio.

 

The Indian Academy of Pediatrics (IAP) recommends 7 vaccinations for children aged 1 to 2 years: two doses of chickenpox and hepatitis A, second dose of meningitis# and MMR, booster doses of PCV and DTP Hib IPV and annual dose of flu[i]. Although, immunisation coverage in the first year is high in India, drop-out rates after 1st birthday increase. Hence, a significant number of children in the country remain partially vaccinated[ii].

 

Dr. Shalini Menon, Medical Director, GSK, said, "After a child’s first birthday, it is critical to build robust immunity against serious vaccine-preventable diseases. The immunity granted by the vaccination can extend to the community thereby preventing the spread of disease and could help address threat of increasing antimicrobial resistance by reducing the need for antibiotics. The 7 essential vaccinations given at this age protect them from 14 dangerous diseases and help them grow into healthy adults. Through this campaign, we want to communicate to parents the critical need to give their children the recommended vaccinations between the ages of 1 and 2 years.”

 

The central creative focus of the campaign films is on the critical need for the 7 vaccinations. The three campaign films show professionals in different fields, such as a cricketer, astronaut, and an army official, pausing their important jobs to check if a child has received the 7 essential vaccinations. Current ‘stars’ of India giving a powerful message to parents of future ‘stars’ of India, is captured in the films. The films effectively convey the message that securing a child’s future is more important than any other job and that this future rests on the 7-star protection offered by the 7 vaccinations.

 

The campaign will run across multiple media platforms such as TV, digital, social media, radio, CTV (connected TV), and OTT. Parents should consult their paediatricians to know more about the vaccination schedule for their children and utilise verified sources of information such as MyVaccinationHub.co.in.

Campaign Links:

https://www.youtube.com/watch?v=B-8GdFdE2mU

https://www.youtube.com/watch?v=oyNcEiwvDlY

Flipkart announces its first-ever G.O.A.T sale: offers wide selection on biggest brands, with exciting deals and savings

 

· The sale will be live from July 20 - 25, 2024, and will provide a wide array of products including TVs, Washing Machines, and Refrigerators among others featuring some of the biggest brands  

· Attractive deals on home appliances, free extended warranties and others will be part of this sale 

· To make the online shopping journey more convenient and rewarding, customers can avail payment options like bank and debit/credit card offers, no-cost EMI for up to 18 months, and SuperCoins offers for ‘Flipkart Plus’ members 

· For an elevated experience, one-day delivery in metros, video assistance, and a dedicated hotline service will be offered to customers for any post-purchase support 

 

Bengaluru, July 18, 2024: Flipkart, India's homegrown e-commerce marketplace, has announced its first-ever G.O.A.T (Greatest of All Time) sale, slated to take place from July 20-25, 2024, with early access starting on July 19. With the tagline ‘G.O.A.T Bano. Bakra Nahi’, the sale will have some of the most reputed brands spanning various large appliances categories such as TVs, washing machines, refrigerators, and others laden with many attractive offers and one-day delivery on all purchases in metros. To make the shopping experience more convenient and affordable, Flipkart will offer exciting deals and ease on the exchange of any old large home appliance with enhanced savings on the new product, along with simplified payment options like offers on bank and credit/debit cards, no-cost EMI for up to 18 months, SuperCoins offers for ‘Flipkart Plus’ members and more. Besides large appliances, shoppers can get unmatched deals on other categories like mobiles, electronics, lifestyle products, grocery, home, and furniture. 

Ahead of the festive season, the G.O.A.T sale will bring a myriad of high-end brands on a single app, including LG OLED 55” TV, Sony Bravia X74L 55” TV, with customers being able to avail free extended warranty, which covers accidental damage, in the 55 inches and above category of TVs. Additionally, premium products such as Samsung frost-free refrigerators, LG and IFB front-load washing machines among several others will be available, making it one of the most sought-after sales for consumers across the country.  

Television: Catering to the diverse needs of viewers, Flipkart's premium smart TV collection during the G.O.A.T sale provides exciting offers on a wide range of screen sizes, starting from 32 inches, loaded with latest features to elevate the home viewing experience, including cinematic sound experience, 4K display Qleds, voice search and many more. Prices start at Rs. 11,499/- for 4K Qled TVs serving a perfect spectacle to all its consumers. Shoppers can get the latest LG 55" UHD TV available for just Rs. 37,999/- with additional bank offers. Moreover, on TVs 43 inches and above, JBL speakers and subwoofers worth Rs 20,000/- will be made available at a reduced price of Rs 12,500/-.  

Refrigerators and Air Conditioners: Under this category, Flipkart offers a wide array of refrigerators from top brands such as Samsung, LG, Godrej, IFB and others with prices ranging from Rs. 9,990/- to Rs. 2,00,000/-. These refrigerators are equipped with advanced technology like digital inverter, easy freezer to fridge convertible, and 360 degree cooling, to name a few. For consumers’ home comfort needs, the sale features a premium AC store comprising a variety of leading brands such as Panasonic, Godrej, and Voltas among others with prices ranging from Rs. 19,999/- to Rs. 59,999/-, catering to all room sizes from 0.6 ton to 2 ton. To sweeten the deal, Flipkart is also including a free AC cleaning service worth Rs. 499/-.  

Washing Machine: Shoppers can upgrade their laundry routine with Flipkart's extensive selection of washing machines available at value-based prices across top brands like LG, IFB, and others. Serving consumers’ various needs from a fully automatic washing machine with a large capacity for family laundry to a compact and budget-friendly range for an apartment, this sale has it all for everyone. 

Vacuum cleaners, water purifiers, and more: On other essential home appliances category, the sale will feature some of the popular brands and products such as vacuum cleaners from Ecovacs, copper water purifiers, Crompton geysers, and more to drive optimum value for consumers. 

Kunal Gupta, Vice President, Large Appliances at Flipkart, said, “As customers gear up for this festive season, we are delighted to bring the never-before-seen sale on Flipkart which has been designed to bring together multiple big brands spanning a variety of home appliances categories at affordable prices to suit the budget and requirement of every Indian consumer. Combined with several deals, enhanced savings options, affordable payment constructs, and features to elevate the seamlessness of online shopping, this sale is a step towards empowering every consumer who is looking to upgrade their homes with choices that suit them the best.”  

Leveraging its technological capabilities such as video commerce, top offers will be revealed ahead of the sale, in addition to providing personalized assistance to guide consumers during their shopping journey to help them make informed buying decisions. Moreover, a dedicated hotline service will be in place to ensure consumers have a single point of contact for any post-purchase support.  

 

About the Flipkart Group 

The Flipkart Group is one of India’s leading digital commerce entities and includes group companies Flipkart, Myntra, Flipkart Wholesale, Flipkart Health+, and Cleartrip. 

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 created thousands of jobs in the ecosystem while empowering generations of entrepreneurs and MSMEs. Flipkart has pioneered services such as Cash on Delivery, No Cost EMI, Easy Returns, and UPI. These customer-centric innovations focus on enhancing digital payment offerings for all customers while making online shopping more accessible and affordable for millions of Indians. 

For more information, please write to media@flipkart.com

Traya’s study reveals a concerning finding: One in Two Women Aged 36-40 Suffer from Advanced Widening or female pattern hair loss.

~ Hair loss remains a critical issue among women of all ages, demanding early intervention and holistic treatment approaches ~

Mumbai, July 18, 2024: Traya, India's first health-tech brand to treat hair loss internally, unveils astonishing findings from an extensive study involving 2.8 lakh women across India. The survey reveals that 71.19% of Indian women experience medium to advanced widening or female pattern hair loss, highlighting that hair loss is a significant concern that transcends age. As per the study, over 51% of women aged between 36 and 40 are already encountering medium to advanced stages of hair loss. Given that stress, depleted energy levels, and hormonal issues are the primary root causes, it underscores an urgent need for heightened awareness and early intervention.

The study brought to light that stress and low energy levels are rampant among Indian women. The most startling discovery was that 88.6% of the women who struggle with hair loss suffer from moderate to severe stress. Stress and anxiety are significant contributors to hair loss, with the high pressures of modern life exacerbating the condition. Additionally, the study found a connection between lack of sleep and hair loss, as it revealed that 48.14% of women experiencing hair loss also struggle with poor sleep habits.

Similar to the findings in Traya’s survey on men’s hair loss, dandruff emerged as a major cause of hair loss in women. Over 70% of women linked their hair loss to dandruff, with 22% facing severe cases, making it crucial to address dandruff for effectively reducing hair loss. Furthermore, 90% of the 2.8 lakh women who participated in the Traya study reported low energy levels, emphasizing the urgent need to address hair loss from within. Moreover, PCOS was identified as a rising cause of hair loss among young women aged 18-25.

Speaking on the findings, Saloni Anand, Co-Founder of Traya, stated, "Hair loss is predominantly considered to be an issue faced by men, leading many women to ignore or feel uncomfortable discussing it. However, it is a significant and growing concern for women, requiring effective and comprehensive intervention. Our study aims to help women understand the various causes of hair loss and tackle them effectively. The issue is quite complicated for women, where damaged hair strands and low hair volume pose significant problems too. There have also been psychological implications linked to hair loss, such as anxiety and diminished self-esteem.” She adds “In today's fast-paced world, many women encounter early hair loss but turn to quick fixes that offer temporary solutions rather than addressing the root causes. This only prolongs the problem and makes it harder to treat effectively. At Traya, we advocate for a holistic approach to hair health, focusing on the underlying issues. Our goal is to educate women on the importance of early and comprehensive treatment, steering them away from superficial solutions and towards long-lasting results."

Overall the study highlights the necessity for a personalized and holistic approach to treatment, as a one-size-fits-all solution is ineffective. Traya continues to advocate for holistic solutions to hair loss, focusing on creating awareness and encouraging timely intervention.

For more details on the study, please check: 

https://traya.health/blogs/hair-care/female-hair-loss-statistics

About Traya

Established in 2019, Traya is India’s first-ever hair fall solutions brand to help treat hair fall internally by identifying the root cause of hair fall. With the growing burden of hair fall issues in India, the brand has developed a unique doctor-backed solution where customers can take a free hair test that helps them understand the root cause of their hair fall. Traya has built its unique stack of tech, people and formulations that includes its online diagnosis, formulations coming from three sciences, a hair care team of hair coaches and doctors - all together helping them deliver unmatched outcomes for more than 8 Lakh customers who have chosen Traya. Today the brand has a workforce of about 800 employees and strong brand tie-ups with leading e-commerce brands, Flipkart and Amazon.

Website: https://traya.health/

Sanstar Limited’s Initial Public Offering to open on Friday, July 19, 2024, price band set at ₹90/- to ₹95/- per Equity Share

Mumbai, July 15, 2024: Sanstar Limited is one of the major manufacturers of plant-based speciality products and ingredient solutions in India for food, animal nutrition and other industrial applications (Source: Company Commissioned Frost & Sullivan Report, dated May 18, 2024), has fixed the price band of ₹90/- to ₹95/- per Equity Share of face value ₹2/- each for its maiden initial public offer. The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Friday, July 19, 2024, for subscription and close on Tuesday, July 23, 2024. Investors can bid for a minimum of 150 Equity Shares and in multiples of 150 Equity Shares thereafter.

The IPO consists of Fresh Issue of up to 41.80 million Equity Shares and an Offer for Sale (“OFS”) of up to 11.90 million Equity Shares by the Promoter Selling Shareholders and Promoter Group Selling Shareholders.

The proceeds from the fresh issue to the extent of Rs 181.55 crore will be utilized for funding the capital expenditure requirement for expansion of its Dhule Facility, Rs 100 crore for repayment and/or pre-payment, in part or full, of certain borrowings availed by the Company and general corporate purposes.

The Ahmedabad-based company offers a range of products such as liquid glucose, dried glucose solids, maltodextrin powder, dextrose monohydrate, native maize starches, modified maize starches, and co-products including germs, gluten, fiber, and enriched protein, among others. Their specialty products and ingredient solutions add taste, texture, nutrients and increased functionality to foods as ingredients, thickening agents, stabilizers, sweeteners, emulsifiers and additives (in bakery products, confectionery, pastas, soups, ketchups, sauces, creams, deserts, amongst others), animal nutrition products as nutritional ingredients, and other industrial products as disintegrants, excipients, supplements, coating agents, binders, smoothing & flattering agents, finishing agents, among others. 

Sanstar operates two manufacturing facilities covering a total area of 10.68 million square feet (approximately 245 acres) situated in Dhule, Maharashtra, and Kutch, Gujarat. It has an installed capacity of 3,63,000 tons per annum (1,100 tons per day) as of May 18, 2024, according a Company Commissioned Frost & Sullivan report and ranks amongst the leading top 5 manufacturers of maize-based specialty products and ingredient solutions in India. 

The Company exports its products to 49 countries across Asia, Africa, the Middle East, the Americas, Europe, and Oceania and has established its presence across India, distributing its products to 22 states.

Sanstar’s revenue from operations has increased at a CAGR of 45.46% from ₹ 504.40 crore in Fiscal 2022 to ₹ 1,067.27 crore in Fiscal 2024 while their profit after tax has grown at a CAGR of 104.79% from ₹ 15.92 crore in Fiscal 2022 to ₹ 66.77 crore in Fiscal 2024, on the basis of its restated consolidated financial statements.

Pantomath Capital Advisors Private Limited is the sole book running lead manager and Link Intime India Private Limited is the registrar to the Offer. The Equity Shares are proposed to be listed on BSE and NSE.

Notes for Reference: 

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

Fresh (41,800,000 equity shares)  

OFS (11,900,000 equity shares)

Total 

Lower Band (@Rs 90)

Rs 376.20 crore

Rs 107.10 crore

Rs 483.30 crore

Upper Band (@Rs 95)

Rs 397.10 crore

Rs 113.05 crore

Rs 510.15 crore

अल्याड पल्याड’ टीमने मानले माध्यम प्रतिनिधींचे आभार

‘अल्याड पल्याड’ या चित्रपटाची बॉक्स ऑफिसवर जोरदार घोडदौड चालू आहे. या चित्रपटाने आपली यशस्वी वाटचाल ५ व्या आठवड्यातही सुरुच ठेवली आहे. चित्रपटाचे यश साजरे करीत असताना आपल्याला पाठिंबा देणाऱ्या प्रसारमाध्यमांच्या प्रती कृतज्ञता व्यक्त करण्यासाठी ‘अल्याड पल्याड’ चित्रपटाच्या टीमने एका विशेष सोहळ्याचे आयोजन केले होते. या कार्यक्रमात चित्रपटाच्या प्रसिद्धीसाठी, तो जास्तीत जास्त लोकांपर्यंत पोहचविण्यासाठी प्रसारमाध्यमांनी केलेल्या अमूल्य सहकार्याची दखल घेत ‘अल्याड पल्याड’ टीमने उपस्थित माध्यम प्रतिनिधींचा भेटवस्तू देत सन्मान केला. 

या चित्रपटाच्या निमित्ताने मराठीत वेगळं काहीतरी करण्याचा प्रयत्न आम्ही केला आणि त्यात प्रसारमाध्यमांनी सिंहाचा वाटा उचलला ही आमच्यासाठी आनंदाची बाब असल्याचे एस.एम.पी प्रोडक्शन्चे निर्माते शैलेश जैन आणि महेश निंबाळकर यांनी सांगितले. 

रसिकांच्या प्रेमापोटी निर्माते शैलेश जैन, महेश निंबाळकर व दिग्दर्शक प्रीतम एसके पाटील आता ‘अल्याड पल्याड २’ आपल्या भेटीला घेऊन येणार आहेत. ‘अल्याड पल्याड’ चित्रपटाचा सिक्वेल ही रसिकांना मनोरंजनाचा नक्कीच आनंद देईल, असा विश्वास दिग्दर्शक प्रीतम एसके पाटील यांनी व्यक्त केला

REC Limited avails green loan facility of JPY 31.96 Billion (USD 200 Million) from Deutsche Bank AG, Gift City Branch

Gurugram, 10 July 2024 – In a significant step towards sustainable development in India, REC Limited, a leader in the Indian power sector, has successfully availed a green loan of JPY 31.96 Billion (equivalent to USD 200 million) to finance eligible green projects in India. This strategic investment reinforces REC’s commitment to foster sustainable growth, in alignment with the Company’s Green Finance Framework.  

This green facility is a first of its kind successful collaboration between an Indian government entity and Deutsche Bank AG, GIFT City branch. This facility sets a benchmark in the Indian public sector landscape for similar green financing transactions, highlighting a growing commitment to sustainable financing. The facility also marks one of the first JPY-denominated green loan transaction for Deutsche Bank AG, GIFT City.

This facility demonstrates dedication of REC Limited and its partners for supporting projects that meet rigorous environmental standards, promote renewable energy and contribute to reducing carbon emissions throughout India. Additionally, it also reflects the growing momentum towards green financing and the collective efforts of stakeholders to address environmental challenges.

Commenting on this occasion, Mr. Vivek Kumar Dewangan, IAS, CMD, REC said, “This successful transaction is in line with REC’s commitment to enhance its green energy financing and sustainable projects capabilities as well as the global community’s support for sustainable development projects in India. This benchmark transaction is anticipated to pave way for more such collaborations in future which can help in achieving nation’s goals in green space financing.”

Mr Kaushik Shaparia, CEO, Deutsche Bank Group, India said, “Our collaboration with REC underscores our steadfast commitment to advancing environmentally responsible initiatives and promoting sustainable financing within India. This transaction reinforces Deutsche Bank’s expertise in green financing, demonstrating our ability to support clients in their transformation towards a carbon-free future.”

सीगल इंडिया लिमिटेड को आईपीओ के लिए सेबी की मंजूरी मिली

 

एलिवेटेड रोड, फ्लाईओवर, पुल, रेलवे ओवर ब्रिज, टनल, हाइवे, एक्सप्रेसवे और रनवे जैसे स्पेशलाइज्ड स्ट्रक्चरल वर्क करने में अनुभव रखने वाली इंफ्रास्ट्रक्चर कंस्ट्रक्शन कंपनी सीगल इंडिया लिमिटेड को इनिशियल पब्लिक ऑफरिंग यानी, IPO के जरिए फंड जुटाने के लिए मार्केट रेगुलेटर, सिक्योरिटी एंड एक्सचेंज बोर्ड ऑफ इंडिया से फाइनल ऑब्जर्वेशन रिसीव हुआ है। 

कंपनी ने 3 मार्च, 2024 को SEBI के पास अपने IPO दस्तावेज दाखिल किए थे।

 

IPO की फेस वैल्यू 5 रुपए है। इसमें 617.69 करोड़ रुपए का फ्रेश इश्यू और प्रमोटर और प्रमोटर ग्रुप सेलिंग शेयरहोल्डर्स और इंडिविजुअल सेलिंग शेयरहोल्डर्स 14.28 मिलियन इक्विटी शेयरों की सेल का प्रस्ताव शामिल है।

ऑफर फॉर सेल में रमणीक सहगल द्वारा 4.28 मिलियन तक इक्विटी शेयरों की बिक्री, रमणीक सहगल एंड संस एचयूएफ द्वारा 7.59 मिलियन इक्विटी शेयरों तक, अवनीत लूथरा द्वारा 5,030 इक्विटी शेयरों तक, मोहिंदर पाल सिंह सेहगल द्वारा 9.27 लाख इक्विटी शेयरों की सेल शामिल है। ऑफर फॉर सेल में परमजीत सहगल भी 5.53 लाख इक्विटी शेयर तक, सिमरन सहगल 9.22 लाख इक्विटी शेयर तक और कंवलदीप सिंह लूथरा 1,677 इक्विटी शेयर तक सेल करेंगे। ऑफर में पात्र कर्मचारियों के लिए सब्सक्रिप्शन के लिए रिजर्वेशन शामिल है।

कंपनी, बुक-रनिंग लीड मैनेजरों के परामर्श से, प्राइवेट प्लेसमेंट, प्रिपरेशियल अलॉटमेंट, राइट्स इश्यू या किसी अन्य मेथड के माध्यम से 123.50 करोड़ रुपए के "प्री-आईपीओ प्लेसमेंट" के माध्यम से स्पेसिफाइड सिक्योरिटीज के एक और एक इश्यू पर विचार कर सकती है। यदि ऐसा प्लेसमेंट पूरा हो जाता है, तो फ्रेश इश्यू का साइज कम हो जाएगा।

ऑफर बुक-बिल्डिंग प्रोसेस के माध्यम से किया जा रहा है, जिसमें ऑफर का 50% से अधिक हिस्सा योग्य संस्थागत खरीदारों को आनुपातिक आधार पर आवंटन के लिए उपलब्ध होगा, गैर-संस्थागत निवेशकों के लिए नेट ऑफर का कम से कम 15% हिस्सा आवंटन के लिए उपलब्ध होगा। नेट ऑफर का कम से कम 35% हिस्सा खुदरा व्यक्तिगत निवेशकों को आवंटन के लिए उपलब्ध होगा।

 

फ्रेश इश्यू से प्राप्त राशि, 118.78 करोड़ रुपए तक उपकरण की खरीद के लिए उपयोग की जाएगी; कंपनी और उसकी सहायक कंपनी, सीआईपीपीएल द्वारा लिए गए कुछ उधारों के पूर्ण या आंशिक पुनर्भुगतान/पूर्व भुगतान के लिए 344.50 करोड़ रुपये; और सामान्य कॉर्पोरेट उद्देश्य के लिए इस्तेमाल होगा।

सीगल इंडिया लिमिटेड की स्थापना जुलाई 2002 में हुई थी और पिछले दो दशकों में यह एक छोटी निर्माण फर्म से इंजीनियरिंग, प्रोक्योरमेंट और कंस्ट्रक्शन (ईपीसी) में एक प्रमुख खिलाड़ी के रूप में विकसित हुई है, जो विभिन्न सड़क और राजमार्ग परियोजनाओं के डिजाइन और विकास में विशेषज्ञता रखती है। 

सीगल ने रोड और हाइवे सेक्टर में 16 ईपीसी और एक HAM प्रोजेक्ट सहित 34 से अधिक परियोजनाएं पूरी की हैं। वर्तमान में, यह 15 ऑनगोइंग प्रोजेक्ट में शामिल है, जिसमें 11 ईपीसी परियोजनाएं और चार एचएएम परियोजनाएं शामिल हैं। इनमें एलिवेटेड कॉरिडोर, पुल, फ्लाईओवर, रेल ओवरब्रिज, सुरंगें, एक्सप्रेसवे, रनवे और मल्टी-लेन हाइवे शामिल हैं। विशेष रूप से, कंपनी ने अपनी पहली एचएएम परियोजना, मलोट-अबोहर परियोजना को निर्धारित समय से 214 दिन पहले पूरा कर लिया।

आईसीआईसीआई सिक्योरिटीज लिमिटेड, आईआईएफएल सिक्योरिटीज लिमिटेड और जेएम फाइनेंशियल लिमिटेड आईपीओ के लिए बुक-रनिंग लीड मैनेजर हैं, और लिंक इनटाइम इंडिया प्राइवेट लिमिटेड ऑफर का रजिस्ट्रार है। इक्विटी शेयरों को बीएसई और एनएसई पर लिस्ट करने का प्रस्ताव है।

RAYS Power Infra Announces Creation of 100% Owned Subsidiary for Gigawatt-Scale Solar and BESS Manufacturing

 

July 09, 2024 — RAYS Power Infra, a leading name in the renewable energy sector, is proud to announce the establishment of a wholly-owned subsidiary dedicated to the manufacturing of solar modules, solar cells, and Battery Energy Storage Systems (BESS) at a gigawatt scale. This strategic move marks a significant step forward in the company's commitment to advancing clean energy solutions.

 

The new subsidiary will focus on setting up large-scale manufacturing facilities, and the company is currently evaluating land options and incentive policies across various states. Details of the plans and the quantum of investment will be disclosed soon, highlighting RAYS Power Infra's commitment to substantial and impactful investment in this venture.

 

Speaking on this momentous occasion, Mr. Ketan Mehta, Managing Director of RAYS Power Infra, stated, "This initiative represents a crucial backward integration step for RAYS Power Infra. Our existing EPC and development businesses will provide robust support to our solar module and cell manufacturing efforts. We have identified a significant quality gap in the current market offerings, and it is imperative to bridge this gap with superior products. Hence, we are embarking on this ambitious journey."

 

In addition, RAYS Power Infra is exploring partnerships with global technology leaders to enhance its product offerings. "We are actively finalizing technology-sharing agreements with renowned global technology leaders. This will enable us to leapfrog in creating products that meet and exceed global standards. This partnership is set to be mutually beneficial, providing our partners with a ready market through RAYS Power Infra's extensive network," Mr. Sanjay Gupta, Executive Director Rays power infra 

 

RAYS Power Infra is committed to making significant strides in the renewable energy sector, ensuring the delivery of high-quality, reliable, and innovative energy solutions.

 

About RAYS Power Infra :Established in 2011, we have been one of the early movers in the solar park regime and have now grown into a well-established player in turnkey solar engineering, procurement and construction (“EPC”) services, catering to the increasing demand for renewable energy in the country. We are also one of the leading integrated solar power company in India with implementation of solar power projects of 1,207 mega-watts peak (“MWp”). On the back of our strong regulatory understanding of State laws for land acquisition and our ability to liaise with State land authorities, we have established a track record of acquiring over 5,700 acres of land for our customers across India. We offer a consultative approach to our customers’ solar energy needs and capabilities, which enables us to provide customized solutions to meet their requirements.