Thursday, November 30, 2023

Sheetal Universal Limited Announces IPO Opening Date


Sheetal Universal Limited IPO comprises a fresh issue of 34 lakh equity shares with a face value of Rs. 10 each at a fixed price of Rs. 70 per share. The issue will be open on December 4 and conclude on December 6, 2023. Issue Size Rs. 2380 lakhs.

MUMBAI, 30 NOVEMBER, 2023 (NHM):  Sheetal Universal Limited, an agricultural product processor and exporter, on Thursday, November 30, announced that its Initial Public Offer will open on Monday, December 4, 2023, and close on Wednesday, December 6, 2023.

The company plans to raise approximately Rs. 2380 Lacs from the issue and aims to be listed with NSE Emerge. The IPO will comprise a fresh issue of 34 lakh Equity Shares with a face value of Rs 10/- each at a fixed price of Rs. 70 per share. Beeline Capital Advisors Private Limited is the Lead Manager to issue. Bigshare Services Private Limited is the registrar of the Issue.

Rajkot-headquartered company is engaged in sourcing, processing, and supply of agricultural products such as peanuts, sesame seeds, spices, and grains to cater to the manufacturers of peanut butter, biscuits, cakes, chocolate, and food products. The company has two subsidiaries - Saumesvar International Private Limited and Svar Industries Private Limited, which are into processing and exporting of Agri Commodities like oil seeds, grains, etc.

The net proceeds from the issue will be used for funding capital expenditure, working capital requirements, general corporate purposes and to meet Public Issue expenses. Furthermore, it intends to venture into new product management like producing protein powder and cold press extract oil, plans to set up a manufacturing facility for defatted protein powder (dry powder) powder and extract cold press oil from raw peanut, almond, cashew nut, and seed considered as vegan foods for India and export market.

The company plans to spend Rs. 584 lacs towards purchasing necessary equipment. The company will spend Rs. 1200 lacs on working capital, which will be used to expand the product range, increase the number of business verticals, and explore various geographical areas.

Sheetal Universal Limited operates a manufacturing & processing facility in Jamnagar district at Haripar Khandhera, which is spread over 14,568 Sq Mts with a constructed area of 6,000 Sq Mts. The facility implements an extensive and stringent quality control mechanism at each stage of the process to ensure that its finished product meets its customers’ specifications. The company exports its products to various countries including the Russian Federation, Indonesia, Malaysia, Vietnam, UAE, Iran, Algeria, Israel, Turkey, and Egypt.

Commenting on the company’s plans, Mr. Hiren Vallabhbhai Patel, Promoter and Managing Director of Sheetal Universal Limited, said, “With our proven experience in the Agro Processing Industry, we are aiming for forward integration with value addition by setting up a manufacturing facility with the adequate equipment for producing defatted protein power and extract cold press oil for the domestic and export market. We are also planning to set up a production unit for defatted protein powder (dry powder) made from raw peanuts, almonds, cashew nuts, and seeds which are considered vegan foods. Therefore, we will allocate the proceeds from the IPO towards expanding our capacity and geographical reach.”

In FY 2022-23, the company's total income increased to Rs.131.65 crore, up from Rs. 39.84 crore in FY 2021-22. It recorded a profit (PAT) of Rs. 1.98 crore in 2022-23, compared to Rs. 28.31 lakh in FY 2021-22. Further, for the first half of FY 2024, the Company has achieved a total income of Rs. 56.75 crores with a recorded profit (PAT) Rs. 1.88 crores.Ends

Wednesday, November 29, 2023

Axis AMC Launches Axis India Manufacturing Fund, Eyes Rs 3 lakh cr AUM by March; Expects Rs 2,500 cr from new fund



The Axis Bank subsidiary which competes with 44 other players, is also eyeing around Rs 3 lakh AUM by the end of this fiscal, given the market rally. The fund house opened the year with an AUM (assets under management) over Rs 2.25 lakh crore

MUMBAI, 29 NOVEMBER, 2023 (NHM/ Babita Prabhakar M.): Axis Mutual Fund on Wednesday launched a manufacturing fund and has set a target of collecting at least Rs 2,500 crore during the offer period.

The Axis Bank subsidiary which competes with 44 other players, is also eyeing around Rs 3 lakh AUM by the end of this fiscal, given the market rally.

The fund house opened the year with an AUM (assets under management) over Rs 2.25 lakh crore.

The open-ended equity scheme represents the manufacturing theme and opens for subscription from December 1 and closes on December 15.

The fund will track Nifty manufacturing index and will be managed by Shreyash Devalkar and Nitin Arora, the company announced here.

If 10 per cent of the investment is redeemed/switched within 12 months from the date of allotment there will be no exit load, while for the remaining investment there will be a 1 per cent charge, B Gop Kumar, managing director & chief executive of the fund house said.

On the overall AUM target for the year, Kumar said the growth has been very good for the company and hopes to close the year with Rs 2.8-3 lakh crore in AUM driven by SIPs and fixed-income funds.

On the new fund offer, Raghav Iyengar said they have set an internal target of collecting at least Rs 2,500 crore during the offer period.

Kumar said the fund will endeavour to harness the potential of the country's growing manufacturing theme, which of late has been gaining increased traction.

The fund managers see increased scope for exports to the US and Europe, when it comes to capital goods and power section equipment.

The country is transitioning rapidly, thanks to significant government impetus, favourable policy frameworks, and the improving cost competitiveness, said Ashish Gupta, chief investment officer.Ends

Monday, November 27, 2023

Union AMC launches Union Children's Fund


MUMBAI, NOVEMBER 27, 2023 (NHM): 
Union Asset Management Company Pvt. Ltd., Investment Manager to Union Mutual Fund, sponsored by Union Bank of India and Japan's Dai-ichi Life Holdings, Inc., today announced the launch of Union Children's Fund - an open-ended fund for investment for children, having a lock-in for at least 5 years or till the child attains the age of majority (whichever is earlier).

The New Fund Offer (NFO) of Union Children’s Fund (‘the Scheme') will open on November 28, 2023 and close on December 12, 2023. The Scheme will re-open for ongoing sale and repurchase within 5 business days from Allotment.

Benchmarked against S&P BSE 500 Index (TRI)^^, the Scheme aims to generate long-term capital appreciation by investing in a mix of securities comprising equity, equity-related securities and debt instruments as per the asset allocation pattern of the Scheme with a view to providing investment solution to investors.

The minimum application amount for investment in the Scheme is Rs 1,000 and in multiples of Rs. 1 thereafter.

G Pradeepkumar, Chief Executive Officer (CEO) of Union AMC, said, "We are excited to announce the launch of Union Children's Fund. At a time when inflation is on the rise, it has become challenging for people to invest for their children's future needs. In this scenario, imagine a future where each child's dreams have no limits, where his/her potential is nurtured, and where every milestone is supported with unwavering love and financial well-being. That's exactly what Union Children's Fund aims for – to help you plan for your child’s bright future. This investment can be a tangible expression of your love and commitment towards your child.”Ends

Tuesday, November 21, 2023

Sunpure forays into packaged jaggery market targets Rs 120 crore Annually



MUMBAI, 21 NOVEMBER, 2023 (NHM):
Sunpure, an edible oil brand, introduces a new product category – packaged jaggery. Sunpure Jaggery Powder and Sunpure Jaggery Block. The company aims to expand the new products to its existing markets across Karnataka, Maharashtra, Kerala, Andhra Pradesh, Telangana, Goa, and Tamil Nadu in the next month.

MK Agrotech, the parent company of Sunpure, is a karnataka based organisation focused on integrating technology and tradition in the food sector. The company aims to expand its presence as a pan-India FMCG brand. Considering the growing health consciousness among Indian consumers and their preference for healthier alternatives to refined white sugar, the company decided to enter the new segment with Sunpure Jaggery. 

 “India is one of the leading exporters of jaggery in the world and the domestic market for packaged jaggery is ripe for disruption. With mounting health concerns due to growing incidence of diabetes, heart diseases and obesity-related issues, more and more Indian consumers today are replacing white sugar with jaggery, an unrefined natural sweetener made from sugarcane juice. What’s more, jaggery also offers numerous nutritional benefits, making it a healthy addition to the household pantry staples,” Sridhar Vaidyanathan, chief operating officer, MK Agrotech, said. 

“Unlike traditional jaggery sold in open markets or other packaged jaggery products available in the market, Sunpure Jaggery’s USP is that it is produced using traditional methods with skilled manpower in hygienic conditions, and without the use of any harmful chemicals, artificial colours, or commonly used preservatives. You may notice that Sunpure Jaggery is darker in colour due to the absence of bleaching agents; it is 100% natural and safe,” added Mannan Khan, Director, MK Agrotech. 

 The packaged jaggery market in India reached Rs 55.6 billion in 2022 and is projected to reach Rs 122.1 billion by 2028, with a growth rate (CAGR) of 14.1% over five years. Sunpure aims for an annual revenue of Rs 120 crores in this segment. In Mumbai, the products have been introduced under Riso Jaggery powder and Riso Jaggery block. Sunpure had acquired Riso, a premium edible oil brand in Maharashtra, in February this year to enhance its presence in the Western market.Ends

Saturday, November 18, 2023

Rockingdeals Circular fixes price band at Rs 136-140 for IPO, issue to open on November 22


MUMBAI, 18 NOVEMBER, 2023 (NHM):
 Rockingdeals Circular Economy Limited has fixed the price band for its proposed initial public offering of shares at Rs 136-140 a share. The IPO will open for subscription to investors on November 22 and close on November 24.

The company plans to raise Rs 21 crore through fresh issue of shares. It plans to raise a portion of this from qualified institutional investors under the anchor allotment scheme. 

The anchor placement will take place on November 21. Faridabad-based Rockingdeals is a B2B sourcing platform for unboxed, certain refurbished, and excess inventory products across the consumer retail space.

The company has over 18 categories of stock keeping units (SKU), which include electrical appliances (Syska, Havells, LG, Panasonic, Usha, Crompton, Luminous, Phillips, etc.), apparels & footwear (Zara, Nike, Campus, etc.), speakers (Boat, JBL, Gizmore), mobiles and mobile accessories (Lenovo, Boat, Gizmore, etc.), and various other products.

These products are obtained from e-commerce vendors of platforms like Snapdeal, affiliates of Flipkart and Amazon, companies like GO Auto, Salora International, Zazz Technology Connect, and dealers and distributors like Matrix Housewares, Raj Agency, Sudhi Enterprises, etc. 

The company plans to utilise the proceeds from the fresh issue towards funding its working capital requirements, building the brand, marketing and advertising, and for general corporate purposes. For FY23, the company reported a revenue of Rs 15.2 crore and a profit of Rs 1.54 crore.

Corporate Capital Ventures Pvt Ltd is the book running lead manager to the issue. The company aims to get listed on the NSE Emerge platform.Ends

Monday, November 13, 2023

6 men, 5 women from Mum in State probables, National Basketball Championship


MUMBAI, NOVEMBER 13, 2023 (NHM):
Six men and five women from Mumbai are among the probable players picked to represent Maharashtra in the 73rd Senior National Basketball Championships, to be held in Ludhiana from December 3 to 10, 2023.

Due to the ongoing dispute between two factions in Maharashtra, the BFI appointed Shaktisinh Gohil as Chairman of the Organising Committee to conduct selection trials and Abdul Hamid Khan, Sambhaji Kadam, Arnika Gujar Patil (all ex-internationals) Gurudutt Nayak (ex-Nationals) Dr Jamir Sayyed – National Level Coach and Director of Sports, S K Gandhi College (Dr Babasaheb Ambedkar Marathwada University) as selectors.

 

The selectors have picked the probables from among 78 men’s players and 48 women players from various districts, who participated in the trials.

 

A preparatory camp for the teams will be held in Mumbai from November 18 to December 1, following which the final 12 players who will represent Maharashtra will be selected.

 

Selected players  (men): Sidddhant Shinde , Rajender Singh, Mohd Yousuf Sayyed, Michael Raj, Sameer Qureshi (all Pune), Faiz Firoz Shaikh (Mum S E), Faisal Khan, Ashraf Siddiqui (Mum S W), Rushabh Kalbhor, Yash Shetty (Mum Central), Vijay Sule (Mum North), Parth Kale, Tanmay Mali (Thane), Kapil Gaikwad, Ashish Borde (Ahmednagar), Sahil Shaikh (Solapur), Ambhore Parashram (Aurangabad), Tanay Thatte (Satara), Tanuk Gurnule (Nagpur).

 

Women: Pooja Doshi (Dhule), Shivani Bagade (Kolhapur), Sakshi Pandey, Ameesha Joshi (Mum S E), Vaishali Singh (Mum S W), Anshika Kanojia, Suzanne Pinto (Mum North), Shomira Bidaye, Siya Deodhar (Nagpur), Mansi Nirmalkar, Aanaya Bhavsar,  Arya Riswadkar, Durga Dharmadhikari (Pune), Avisha Gurav (Satara), Sanika Phule (Kolhapur),  Aruja Kamble (Solapur).

 


Saturday, November 11, 2023

Medanta announces Q2FY24 results: Net Profit rise up 46% to Rs 125 crore


MUMBAI, 11 NOVEMBER, 2023 (NHM):
Medanta-operator Global Health Ltd reported a 46 percent year-on-year (YoY) rise in net profit at Rs 125 crore for the July-September period of the current financial year.

The company reported a net profit of Rs 86 crore in the year-ago period.

The hospital operator's revenue for the quarter came in at Rs 844 crore, reflecting a 24 percent rise YoY from Rs 679 crore.

Its earnings before interest, taxes, depreciation, and amortization (EBITDA) was at Rs 213 crore against Rs 156 crore in the same quarter of the previous financial year.

The EBITDA margin for the July- September quarter was reported at 25.2 percent as against 23 percent for the same period a year ago. 

Tuesday, November 7, 2023

Country’s top athletes to lead in excess of 18000 participants in VVMCM 2023 11th Edition

Ace athlete Parul Chaudhary to be Event Ambassador of VVMCM 2023

MUMBAI, NOVEMBER 7, 2023 (NHM/ BABITA P.M.): Continuing in its tradition of promoting India’s top sporting talent, multiple Asian Games medalist and ace athlete Parul Chaudhary will be the latest jewel to adorn the crown of the 11th Vasai Virar Municipal Corporation Marathon (VVMCM), to be held on December 10, 2023.

 

Gold medalist in the 5000m and silver medalist in the 3000m steeplechase at the recently concluded Asian Games in Gangzhou, Parul Chaudhary will grace the VVMC Marathon with her presence as Event Ambassador, which will see the country’s leading long distance runners vying for a piece of the Rs 54 lakh prize money purse, it was announced by the Hon’ble Municipal Commissioner of VVCMC, Anilkumar Pawar (IAS) at a press conference, here, on Tuesday.

 

Sharing the stage with Parul as ‘Face of the Event’ will be Rudranksh Patil from Thane, a member of the Asian Games gold medal winning team in the 10m Air Rifle event. The 19-year-old Rudranksh has also secured qualification to the 2024 Paris Olympic Games after wining gold in the 10m air rifle event at the ISSF World Shooting Championships in 2022.

 

The Vasai Virar Municipal Corporation Marathon has once again attracted the country’s top long distance athletes. The Full Marathon will feature two time defending champion and course record holder (2:18) Mohit Rathore of UP, besides Aurangabad’s Dhanwant Prahlad, with a PB of 2:20. 38; Tirtha Pun from the Gorkha Regiment, Army, with a PB of 2:22, Rajasthan’s Hemant Singh, with a PB of 2:22.24 and Tribhuwan from the Kumaun Regiment, Ranikhet, who has a PB of 2:26.

 

The Half Marathon for women will feature Maharashtra’s Prajakta Godbole, who has PB of 1:14.21, besides Rima Patel (Railways) , 2nd runner up in the Delhi Half Marathon (1:17.45) and Tamshi Singh (Ranikhet, Uttarakhand), winner of the World 10K, to name a few.

 

The Half Marathon elite field for men will be led by Armay’s Dharmender, who as aPB pf 1:03.54, Maharashtra’s Vivek More, PB of 1:06 and Anand Singh Rawat, who represented the country at the World Cross Country Championships in Feb 2023.

 

To also reward the participants, it has been decided to give every runner a branded running T shirt from the renowned sports brand Berge. Besides this, every participant will get a 3D Finisher’s medal, a loaded goodie bag, hot breakfast, timing certificate valid around the world and a free finish photograph. Besides this, all outstation participants will be provided with free stay and all their meals will be taken care of by the Corporation.

 

Partners to the event: The occasion was also used to introduce the partners to the event, IASIS Hospital, Medical Partner and Enerzal, Hydration Partner, Art Media, Outdoor Media Partner and Viva College, Virar as Venue Partner. The event is being promoted by Aryanz Sports.

 

To ensure a safe run to all participants and prompt and quick medical action in the event of any untoward incident, extensive facilities will be put in place for Race Day. There will be a Medical Base Camp at the New Viva College, which will have an ICU setup provided by IASIS Hospital that will be staffed by Cardiologists and doctors from the hospital as well as from the Medical Associations of Virar, Nalla Sopara and Vasai. Seven fully equipped Cardiac Ambulances will be stationed along the route, along with ambulances at each of the 17 medical stations on the route. There will also be 40 doctors patrolling the route on motor bikes to ensure a quick response time in case any of the participants require medical assistance.

 

The race route will have adequate water and energy drink stations, besides food, cool sponge and orange stations.

 

Photography Competition: For the first time, the Vasai Virar Municipal Corporation Marathon has instituted an award for the Best Published Photograph of the Marathon. Cash Prizes of Rs 15,000, Rs 10,00 and  Rs. 5,000 will be awarded to the top three winners. Ends

Monday, November 6, 2023

Infibeam Avenues Ltd. Announces Financial Results for Q2 FY24

GANDHINAGAR, NOVEMBER 6, 2023 (NHM):– India’s first listed software platforms and payments infrastructure company, Infibeam Avenues Limited (“Infibeam” or “The Company” or “IAL”), (BSE: 539807; NSE: INFIBEAM), has today announced its financial results for the second quarter ending September 30, 2023.

Consolidated Financial Highlights (INR million)

Particulars

Q2 FY24

Q2 FY23

Y-o-Y

TPV1

1,785,235

10,00,003

79%

Gross Revenue

7,899

4,767

66%

Net Revenue 2

1,108

787

41%

EBITDA3

678

400

70%

EBITDA margin 3 4

61%

51%

Profit After Tax (PAT) 3

383

132

191%

PAT  margin 3 4

35%

17%

1 Includes i) Payments TPV [CCAvenue India and International + BillAvenue + Go Payments] + ii) GeM platform TPV.

2 Net Revenue = Gross Revenue – Direct Operating Expenses (predominantly payment processing revenue collected on behalf of ecosystem partners)

3 Adjusted for excluding the notional impact arising from mark-to-market gain / (loss) from investment in listed security [this has no impact on cash flows]

4 as percentage of Net Revenue

Consolidated Financial Performance Review:

The rise in total TPV can be attributed to both a rise in payments as well as platforms TPV. While payments TPV rose 28% YoY to INR 769 billion, the Company’s largest software platform implementation customer recorded a growth in TPV by 155% to INR 1+ trillion in a single quarter.

Higher growth in Gross Revenue was led by 28% growth in TPV and increase in gross take rate by 36% to 112 basis points. A high contribution (51%) from credit payment options led to an increase in the gross take rates in the payments business.

A total of 0.6 million merchants were added in 1H FY24, of which 0.27 million merchants were added in 2Q FY24, an average addition of 2,900 merchants daily in the domestic payment aggregation business, also recognized by the brand name, CCAvenue.

The company’s payment net take rates experienced a significant increase in Q2 FY24, up 25% YoY to 9.3 basis points (bps), primarily due to a substantial influx of small merchants who, in turn, made the most substantial contribution to the surge in Infibeam Avenues Ltd’s payment business net take rates. Payment net take rate is now inching closer to the targeted double-digit take rate by the end of FY24.

For the first time, the company recorded a net revenue more than INR 1 billion, due to improvement in net margins which in turn led to strong operating performance. Both EBITDA and Profit after Tax, grew sharply, by 70% and 191%, respectively. Also, EBITDA and PAT margins improved sharply.

“In Q2 FY23-24, we witnessed an unprecedented onboarding of merchants, primarily small businesses. This influx has resulted in a higher take rate,” stated Mr. Vishwas Patel, Joint Managing Director of Infibeam Avenues Ltd.

The company attributes the sustained increase in merchant onboarding to the “trust” factor as merchants and banking partners believe in our strong compliance and robust payment technology platform. This has also led to strong brand recognition among small merchants.

Concurrently, the company also observed a rise in the downloads of CCAvenue TapPay, which is now over 400,000. This innovative payment software, available for download on the Google Play Store, can transform any NFC-enabled mobile device into an easy-to-use point-of-sale (POS) machine, allowing for straightforward card payments with a simple tap, as well as QR code payment options.

Mr. Vishal Mehta, Chairman & Managing Director (CMD) of Infibeam Avenues Ltd, commenting on the company’s performance, stated, “Our payments and platform business is now firmly established and has become the growth engine for the company. In the years to come, it will continue to be the driving force behind our success. This quarter, we have experienced remarkable growth, as we continue to invest in innovative and robust solutions.”

The company’s growth remains in line with the financial guidance issued for FY23-24 during the first quarter of this year. The company’s CMD expressed optimism about achieving better business growth in the upcoming Q3 results, on account of festive and travel season, typically a strong quarter for the company.

“In addition to our exceptional performance in the domestic market, our payment business, CCAvenue, is experiencing significant growth in the international market, particularly in the UAE. In August, we achieved a historic milestone by recording a monthly transaction volume of AED 1 billion in the UAE,” stated Mr. Vishwas Patel, Joint Managing Director of Infibeam Avenues Ltd.

Other key updates:

  • Company forays into offline payments in UAE by offering QR code for payments at merchant outlets; onboarded multiple merchants in last few months including renowned establishments in Dubai like Prime Association Management, a renowned homeowners’ association, and the esteemed Jaffer Bhai’s The Biryani King of Bombay, which operates in Dubai. This will be followed by the launch of TapPay (mobile SoftPoS) in UAE before the end of FY24.

  • Payments TPV in UAE crossed AED 1 billion in August 2023, achieving a historic milestone (currently TPV consistently >AED 1 billion). Since 2018, company has processed 23.5 million transactions worth over AED 24.5 billion.

  • Company made capex of INR 1.2 billion in 1H FY24 in international markets, towards its country-in-a-box strategy. Investments were largely towards data localization, security & IP rights funded from internal accruals.

  • Vybe Ventures, owned by Mr Vishwas Patel (JMD at Infibeam Avenues) & his family, in October 2023, converted all the warrants to equity, totaling 95 million.

  • Company aspires to emerge as a key player in the Artificial Intelligence (AI) -based fraud detection and prevention market. It has made an investment of INR 1 billion by acquiring a new building, securing a plot area spanning about 76,250 square feet, along with a partially constructed building covering an area of 420,000 square feet. The new campus in Ahmedabad will be an extension to Infibeam Avenues Ltd’s GIFT City AI-Hub. Currently, funded through internal accruals.

  • Infibeam Avenues Ltd was bestowed with the honour of Fortune India ‘The Next 500 Award’, acknowledging its status as one of India’s top emerging companies in the IT and Fintech sector.

Sunday, November 5, 2023

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


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

What to expect:

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

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

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

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

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

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

Moreover, the event will also witness high energy musical performances by the well-known music artists.

The event will also offer multiple bars and a food court to cater to all needs.

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

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

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

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

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

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

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

 

 

 

 





मेस्ट्रो रिअलटेक आणि जीएस ग्रुपने वाघोली हाय स्ट्रीट लाँच करण्यासाठी भागीदारी धोरण : महत्त्वाचा व्यावसायिक प्रकल्प जो पूर्व पुण्याच्या कमर्शियल इस्टेटला नवीन देईल ओळख

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