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Showing posts from June, 2025

Crizac Limited’s Initial Public Offering to open on Wednesday, July 2, 2025, price band set at ₹233/- to ₹245/- per Equity Share

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Mumbai, June 27, 2025: Crizac Limited has fixed the price band of ₹233/- to ₹245/- 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 Wednesday, July 2, 2025, for subscription and close on Friday, July 4, 2025. Investors can bid for a minimum of 61 Equity Shares and in multiples of 61 Equity Shares thereafter. The IPO is entirely an offer for sale up to equity shares aggregating to Rs 723 crore and Rs 137 crore by Pinky Agarwal and Manish Agarwal respectively.  Crizac Ltd is a B2B education platform for agents and global institutions of higher education offering international student recruitment solutions to global institutions of higher education in United Kingdom, Canada, Republic of Ireland, Australia and New Zealand (ANZ). During the last three fiscals, it has processed over 7.11 lakh student applications while working with over 173 global institutions of higher education...

*ICICI Prudential Life Insurance* announces the launch of *ICICI Pru Smart Insurance Plan Plus,* a market-linked product specially designed for young, first-time investors.

*Key numbers:* • ₹1,000 monthly premium – making long-term investing accessible • 25 fund options and 4 portfolio strategies for tailored investing • Flexibility to switch funds anytime, with no cost or tax impact • Optional Waiver of Premium to protect long-term goals • 100% digital onboarding and service experience • Life cover for financial protection

LIC Group ranks 4th among the top 10 most valuable Indian brands 2025; Brand Value up 35%

  Mumbai June 25, 2025:  PSU insurance giant Life Insurance Corporation of India (LIC) ranked 4th among the 10 most valuable brands in India, according to the Brand Finance India 100 2025 report. The report notes that LIC's 2025 brand value stood at USD 13.6 billion up 35.1% from 2024 brand value of USD 10.07 billion. Life Insurance Corporation of India (LIC) reigns supreme among the top brands ranked in the Indian insurance sector. It claimed the position of the world’s third strongest insurance brand ranked by Brand Finance’s 2025 Global Insurance 100 report, achieving a BSI score of 87.9/100. Based on Brand Finance’s market research data, LIC is perceived as a brand with high familiarity and appeal in its home market, alongside its sustained AAA brand strength rating. Back in the list of top 10 firms by market capitalisation, LIC stands at the 8th spot with a market capitalisation with Rs 5.98 trillion backed by a 38% year-on-year growth in its Q4FY25 consolidated net profi...

Cedaar Textile Limited IPO Opens on June 30, 2025

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●   Total Issue Size - Up to 43,50,000 Equity Shares of ₹ 10 each ●   IPO Size - ₹ 60.90 Crore (At Upper Price Band) ●   Price Band - ₹ 130 - ₹ 140 Per Share ●   Lot Size -s 1,000 Equity Shares Mumbai, June 24, 2025 – Cedaar Textile Limited (The Company, Cedaar) manufacturer of a diverse range of yarns and textile products, proposes to open its Initial Public Offering on Monday, June 30, 2025, aiming to raise ₹ 60.90 Crore (At Upper Price Band), with shares to be listed on the NSE Emerge platform. The issue size is 43,50,000 equity shares at a face value of ₹ 10 each with a price band of ₹ 130 - ₹ 140 Per Share. Equity Share Allocation QIB Anchor Portion - Up to 7,82,000 Equity Shares Qualified Institutional Buyer - Up to 5,22,000 Equity Shares Non-Institutional Investors - Not less than 13,28,000 Equity Shares Retail Individual Investors - Not less than 15,00,000 Equity Shares Market Maker - 2,18,000 Equity Shares The net proceed...

Union Minister Dr. Jitendra Singh Calls for Closer Collaboration among academic Institutions of Higher Education—Such as IITs, IIMs, AIIMS, IIMC, CSIR—and Scientific Institutions to Build Sustainable Startups

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i “The Age of Working in Silos Is Over,” Declares Dr. Jitendra Singh While Interacting with Students of IIM Mumbai Calls for Greater Synergy Between Public and Private Sectors to Accelerate Innovation and Meet Aspirational Goals Highlights Democratisation of Civil Services and Rise of Women-Led Development Over the Last 11 Years Busts the Myth That Startups Require Fancy IT Degrees—Says Aptitude Is the Cornerstone of Success Posted On: 24 JUN 2025 6:05PM by PIB Delhi MUMBAI, June 24 : After inaugurating a state-of-the-art Incubation Centre at IIM Mumbai, Union Minister of State (Independent Charge) for Science & Technology, Dr. Jitendra Singh, made a clarion call for closer collaboration among academic  institutions of higher education and scientific research, such as IITs, IIMs, AIIMS, IIMC and CSIR, to nurture sustainable startups and innovation-driven entrepreneurship. While interacting with students, Dr. Jitendra Singh emphasized that “The age of working in silos is over.” ...

Pushpa Jewellers Limited IPO Opens on June 30, 2025

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  ● Total Issue Size - Up To 67,11,000 Equity Shares of ₹ 10 each ● Fresh Issue - Up To 53,70,000 Equity Shares ● Offer For Sale - Up To 13,41,000 Equity Shares ● IPO Size - ₹ 98.65 Crore (At Upper Band) ● Price Band - ₹ 143 - ₹ 147 Per Share ● Lot Size - 1,000 Equity Shares Mumbai, June 24, 2025 – Pushpa Jewellers Limited (Pushpa, The Company) is a wholesale B2B jewellery maker, proposes to open its Initial Public Offering on Monday, June 30, 2025 aiming to raise ₹ 98.65 Crore (At Upper Price Band), with shares to be listed on the NSE Emerge platform. The issue size is 67,11,000 equity shares at a face value of ₹ 10 each with a price band of ₹ 143 - ₹ 147 Per Share. Equity Share Allocation • QIB Anchor Portion - Up To 9,56,000 Equity Shares • Qualified Institutional Buyer - Up To 22,31,000 Equity Shares • Non-Institutional Investors - Not less than 9,57,000 Equity Shares • Retail Individual Investors - Not less than 22,31,000 Equity Shares • Market Maker - No...

Indogulf Cropsciences Limited’s Initial Public Offering to open on Thursday, June 26, 2025, price band set at ₹105/- to ₹111/- per Equity Share

  Mumbai, June 23, 2025: Indogulf Cropsciences  Limited has fixed the price band of   ₹105/-  to   ₹111/-  per Equity Share of face value ₹10/- each for its maiden initial public offer.   The Initial Public Offering (“ IPO ” or  “Offer” ) of the Company will open on  Thursday, June 26, 2025 , for subscription and close on  Monday, June 30, 2025 . Investors can bid for a minimum of 135   Equity Shares and in multiples of 135   Equity Shares thereafter.   The IPO is a mix of fresh issue of up to Rs 160 crore and an offer for sale up to 15,40,960 equity shares by Om Prakash Aggarwal (HUF), and up to 20,62,643 equity shares by Sanjay Aggarwal (HUF).   The proceeds from the fresh issue to the extent of Rs 65 crore will be used for funding working capital requirements of the company; Rs 34.12 crore for repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the Company; Rs 14 crore for Capital...

Neetu Yoshi Limited IPO Opens on June 27, 2025

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  ● Total Issue Size – Up to 1,02,72,000 Equity Shares of ₹ 5 each ● IPO Size - ₹ 77.04 Crore (At Upper Price Band) ● Price Band - ₹ 71 - ₹ 75 Per Share ● Lot Size – 1,600 Equity Shares Mumbai, June 23, 2025 – Neetu Yoshi Limited (The Company, Neetu Yoshi) is a metallurgical engineering company manufacturing critical safety spares for railways, proposes to open its Initial Public Offering on Friday, June 27, 2025, aiming to raise ₹ 77.04 Crore (At Upper Price Band), with shares to be listed on the BSE SME platform. The issue size is 1,02,72,000 equity shares at a face value of ₹ 5 each with a price band of ₹ 71 - ₹ 75 Per Share. Equity Share Allocation • Anchor Portion – Up to 29,20,000 Equity Shares • Qualified Institutional Buyer – Up to 19,52,000 Equity Shares • Non-Institutional Investors – Not less than 14,65,600 Equity Shares • Retail Individual Investors – Not less than 34,14,400 Equity Shares • Market Maker – Up to 5,20,000 Equity Shares...

Ministry of Tourism commemorates International Yoga Day at Historic Kanheri Caves

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  Union Minister Piyush Goyal leads Yoga Day Celebrations at Mumbai’s Kanheri Caves Mumbai, 21 June 2025 :  The Regional Office of the Ministry of Tourism, Government of India, Indiatourism Mumbai, in collaboration with the Archaeological Survey of India (ASI), Mumbai Circle and Sanjay Gandhi National Park (SGNP), successfully commemorated the 11th International Day of Yoga on Saturday, 21 June 2025, at the historic Kanheri Caves, Mumbai. Renowned for their ancient Buddhist sculptures, inscriptions, and intricate carvings, the Kanheri Caves provided a serene and inspiring backdrop for this significant event, held under the theme "Yoga for One Earth, One Health." The event was graced by the august presence of Hon'ble Union Minister of Commerce and Industry, Shri Piyush Goyal who participated in the mass yoga session, reinforcing the importance of yoga in promoting global health and unity. In his address, the Chief Guest, Shri Piyush Goyal, emphasized the importance of inte...

India Launches Operation Sindhu Amid Escalating Iran-Israel Tensions

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Mumbai– In response to the evolving situation between Iran and Israel, the Indian Government has launched Operation Sindhu to ensure the safety of its citizens. This is following a series of advisories issued earlier by the Indian Embassy in Tehran, efforts are now underway to relocate Indian nationals, including students, from high-risk zones to safer areas. As part of the operation, the Ministry of External Affairs (MEA) confirmed that 110 Indian students were evacuated from northern Iran on 17th June 2025. They were assisted by the Indian Embassy in safely crossing into Armenia by road, under the supervision of Indian missions in both Iran and Armenia. The students then traveled to Yerevan, the Armenian capital. On the morning of 19th June, the students arrived in New Delhi, where they were received by the Minister of State, Kirti Vardhan Singh. The Indian Government expressed its deep appreciation to the Governments of Iran and Armenia for their cooperation in facilitating the evac...

RRP S4E Innovation Ltd and Optix Bulgaria Forge Strategic Partnership to Strengthen ‘Atmanirbhar Bharat’ and ‘Make in India’ Vision

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Mumbai, India – June 20, 2025 – In a landmark move that underscores India's vision of self-reliance and indigenous defence manufacturing, RRP S4E Innovation Ltd, a fast-growing Indian electro-optics company, is set to sign a Memorandum of Understanding (MoU) with Optix Bulgaria, global pioneers in advanced electro-optics solutions. The MoU, to be formalized on June 20, marks a historic moment for RRP S4E Innovation Ltd, paving the way for the Transfer of Technology (ToT) for a new generation of cutting-edge defence products, including: • Ultra Lightweight Thermal Sights • Extended Long-Range Surveillance Systems • Handheld Thermal Imagers (HHTIs) Optix Bulgaria brings deep expertise, having mastered all its product offerings through in-house R&D. Their innovations are battle-tested and globally respected. With this collaboration, the companies aim to introduce advanced thermal technologies never before deployed in the field — offering high performance at a competitive cos...

Industry Meets Academia in Mumbai, CII and ITC Hotels Expand National Initiative, Shaping India’s Education-Employment Future

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~ Following successful runs in Delhi, Agra, Kolkata, Ahmedabad, Bengaluru, and Chennai, the CII Industry-Academia Connect 2025 was held in Mumbai. ~Over 45 industry and academic leaders joined forces to strengthen India’s future-ready workforce.   Mumbai, 19th June 2025: Following a high-impact run in Delhi, Agra, Kolkata, Ahmedabad, Bengaluru, and Chennai, the Industry-Academia Connect 2025 concluded its impactful momentum to foster a stronger collaboration between industry and academia in Mumbai. Held on 19th June at the ITC Maratha, Mumbai, the initiative is a brainchild of the Confederation of Indian Industry (CII), in collaboration with ITC Hotels and EHL (École hôtelière de Lausanne, founded in 1893). The engagement featured thought-provoking exchanges, actionable insights, and a strong emphasis on harmonizing curriculum frameworks with dynamic industry demands.   The Mumbai edition drew strong participation from academicians, institutional heads, and sectoral experts fr...

Ellenbarrie Industrial Gases Limited’s Initial Public Offering to open on Tuesday, June 24, 2025, price band set at ₹380/- to ₹400/- per Equity Sha

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( L-R) Mr. Varun Agarwal, Joint Managing Director and Padam Kumar Agarwala, Chairman and Managing Director, Ellenbarrie Industrial Gases Limited’s at their IPO Press Conference held in Mumbai today.   Mumbai, June 19, 2025: Ellenbarrie Industrial Gases  Limited   has fixed the price band of  ₹380/-  to  ₹400/-  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  Tuesday, June 24, 2025 , for subscription and close on  Thursday, June 26, 2025 . Investors can bid for a minimum of 37   Equity Shares and in multiples of 37   Equity Shares thereafter.   The IPO is a mix of fresh issue of up to Rs 400 crore and an offer for sale up to 56,56,565 equity shares by Padam Kumar Agarwala, and up to 56,56,565 equity shares by Varun Agarwal.   The proceeds from the fresh issue to the extent of Rs 210 crore will ...

PIB Mumbai conducts media workshop titled ‘Varta’ on the theme ‘Eleven Years of Inclusive Growth’

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Ministry of Information & Broadcasting PIB makes credible, verified information about Central Government decisions and schemes available to mass media and public at large: DG (West Zone), Ministry of Information and Broadcasting Ms. Smita Vats Sharma Citizens should share correct information for NSO field surveys as capturing credible data for socio-economic parameters is important for formulating policies: Deputy Director-General, NSO, Ms. Supriya Roy : Mumbai, June 18, 2025 Press Information Bureau (PIB), Mumbai Region, conducted a media workshop - ‘Varta’ on the themse ‘Eleven Years of Inclusive Growth’ for mediapersons, at Navi Mumbai today.  Senior officers from the National Statistics Office (NSO) and Department of Economics and Statistics (DES), Government of Maharashtra, participated in the workshop as key speakers and deliberated on the significance of data-driven policy-making to bring about ‘Viksit Bharat’ by 2047. Delivering the keynote address, Director General (We...