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Humming Bird Education IPO fully subscribed

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The IPO ofHumming Bird Education Limited (HBEL), engaged in the business of conducting quality Olympiads and providing high priority services to large number of Schools & Students, was successfully subscribed 1.35 times and closed today. The HNI and Retail portions subscribed 1.78 and 0.90 times respectively. The Issue which was opened from 15 to 19 March 2019 on the BSE SME platform comprised 1, 63,000 Equity Shares of face value of Rs.10.00 each at a cash price of Rs.132.00 per Equity Share, aggregating up-to Rs. 215.16 lakhs. Lead Manager to the issue Mr Abhinav Gupta, President, Share India Capital Service said” Humming Bird Education with its asset light business model has huge potential for growth. The Company will be the first and only listed entity rendering quality Olympiad exam services and providing scientifically designed study material & performance analysis reports to its students and clients in over 12 countries. We are really happy with the overall demand for th…

Humming Bird Education IPO Opens on BSE SME

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Humming Bird Education Limited (HBEL), engaged in the business of conducting quality Olympiads and providing high priority services such as scientifically designed study material, free mobile apps, performance analysis reports to large number of Schools & Students, will launch its initial public offer on the BSE SME platform on 15 March 2019.
The Issue comprises 1, 63,000 Equity Shares of face value of Rs.10.00 each at a cash price of Rs.132.00 per Equity Share, aggregating up-to Rs. 215.16 lakhs. The proceeds from IPO will be utilized towards working capital requirements, general corporate and the issue expenses purposes. The Issue will close on 19 March 2019.
Share India Capital Services Private Limited is the lead manger to the issue and Bigshare Services Private Limited is the registrar to the public offer.
Mr. Nitesh Jain, Managing Director, Humming Bird Education Limited, said “HBEL has over 1000 schools, 2.5 lakh students and 21 franchise offices globally. “Humming Bird” is a…

ICE MAKE receives global honors at the worldwide communication competition

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Ice Make Refrigeration Limited (Ice Make), one of the leading manufacturer & supplier of cooling solutions equipment, bagged two prestigious awards for demonstrating exemplary communications capabilities. The Company participated in “2017-18 Vision Award Annual Report Competition” hosted by the League of American Communications Professionals LLC (LACP) and has been ranked 27th among the top 100 annual reports globally. Besides, it was also conferred with Gold Award for excellence within its core industry category. 
Commenting on the award Mr. Chandrakant P. Patel, Chairman and Managing Director, Ice Make Refrigeration Limited, said “Ice Make has been in the forefront in producing quality cooling & refrigeration solutions to large number of varied customer needs. The global recognition demonstrates our endeavour towards clear and concise annual report messaging, adding yet another feather in our cap. We take immense pride in being a stakeholder friendly and communication driven …

ANMOL INDIA LTD IPO FULLY SUBSCRIBED

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The BSE SME initial public offer (IPO) of Anmol India Limited, engaged in the business of energy solutions and supplying High GCV USA Coal, Indonesian coal, Petroleum coke among others, successfully subscribed 1.48 times at the end of closing day today. The HNI and Retail portion subscribed 1.45 and 1.56 times, respectively.  The issue which opened on 12 February 2019, comprises a Fresh Issue of 31,00,000 Equity Shares of face value of Rs 10/- each for cash at a price of INR 33/- per equity share aggregating to INR 102.3 million. The proceeds from IPO will be utilized to part finance working capital requirements of the Company; meet General corporate purposes and the expenses of the Issue.

The lead manger to the issue Mr Abhinav Gupta, President, Share India Capital Service said “Anmol India Ltd is our 1st IPO mandate as a merchant banker and we are very happy with the super response from the Investors. The Company has quality fundamentals and high potential for accelerated growth, and…

ANMOL INDIA LTD IPO OPENS ON BSE SME Exchange

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Ludhiana based Anmol India Limited (“Anmol”), engaged in the business of energy solutions and supplying High GCV USA Coal, Indonesian coal, Petroleum coke among others, has launched its maiden initial public issue (IPO) on BSE SME Platform on 12 February 2019.The Company is making a Fresh Issue of 31,00,000 Equity Shares of face value of Rs 10/- each for cash at a price of INR 33/- per equity share aggregating to INR 102.3 million. The proceeds from IPO will be utilized to part finance working capital requirements of the Company; meet General corporate purposes and the expenses of the Issue. The Issue will close on 14 February 2019.
Share India Capital Services Private Limited is the lead manger to the issue and Bigshare Services Private Limited is the registrar to the public offer.
Company’s Managing Director Mr Vijay Kumar said “Since inception in 1998, Anmol India has made itself a trusted brand among clients located in over 100 different locations in India. Initially serving only br…

“The Interim Budget enlightens the ray of hope for a Strong Bharat”-Aryan Prem Rana, Chief Mentor, AARYANA MATASCO

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Strong Economic Growth  will propel better growth opportunities for our  PR and Communications sector through enhanced economic activities and boost in over all consumption. This will immensely benefit all our stakeholders like PR and IR Consultancies, Advertising Agencies, Digital, Online and Social marketing professionals among others. The interim union budget 2019 enlightens the ray of hope for continued strong economic growth, positive business & policy environment and political stability. The budget looks balanced; progressive, far sighted and has a long term vision for building a better new India.  The Finance Minister has struck right balance between fiscal prudence, growth and socio-economic justice by focusing and provisioning adequately to effectively handle farm distress for the deprived and most disadvantaged, provide way for millions in India to take pride in their knowledge and seek livelihoods with their skills and  potential, insure strong budget for defense, secur…

ICE Make Launches Food Dehydration Device for Farm and Food Processing Sector

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Ice Make Refrigeration Limited (Ice Make), one of the leading manufacturer & supplier of cooling solutions equipment, has launched an innovative “Food Dehydration Device for drying various food, vegetable and fruit related items in suitable heat and temperature. The Unique device and equipment which is manufactured by the Company specifically for farm & food processing sector, is a low temperature, low humidity dryer exclusively made for aiding Food Preservation by Drying and Removing Water Particles from the produce. The user-friendly equipment is very handy for drying Food, Fruits, Vegetables, Agricultural Crops & Products, Herbs, Seafood among others.

Mr. Chandrakant P. Patel, Chairman and Managing Director, Ice Make Refrigeration Limited, said ”Traditionally the items and supplies are dried either outdoor using the sunlight or high temperature devices that can normally damage the nutrient content of the food and to address this problem Ice Make has designed the perfect …