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Saj Hotels Limited IPO Opens on 27th September, 2024

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National, September 27, 2024 

Our company is engaged in Hospitality industry. We provide a diverse portfolio of Business-to-Business (B2B), Business- to-Business-to-Customer (B2B2C) and Business-to-Customer (B2C) hospitality offerings, spanning from traditional resort accommodation to villa rentals and restaurant and bar properties. We focus on providing comprehensive services to guests, including food and beverage options, recreational facilities and event hosting capabilities, reflecting a commitment to ensuring a memorable experience for our visitors.

Saj Hotels Limited has announced its plan to go public with an Initial Public Offering (IPO) on September 27, 2024, aiming to raise up to ₹ 2,762.50 Lakhs

with shares to be listed on the NSE Emerge platform. The issue is Up to 42, 50,000 Lakh Shares equity shares at a face value of ₹ 10 each.

Equity Share Allocation

• Total Issue Size(Fresh Issue) :   of up to 42,50,000 Equity Shares

(aggregating up to ₹ 2,762.50 Lakhs)

• Market Maker Quota    : 2,14,000 Equity Shares

• QIB Quota (Including Anchor Reservation) :

• Retail Quota : 20,18,000 Equity Shares

• NII9 (HNI) Quota : 20,18,000 Equity Shares

• Price :₹ 65

• Lot Size : 2000 Shares

• IPO Size :₹ 2,762.50 Lakhs

• Pre-Issue No. of Shares : 1,18,75,000shares

• Post Issue No. of Shares : 1,61,25,000Shares

• Issue Opens on :                September 27, 2024

• Issue Closes on :               October 1, 2024

• Tentative Listing Date  :  October 7, 2024

Objects of the Issue

1. Expansion of existing property

2. Funding of working capital requirements of the Company

3. General Corporate Expenses

Corpwis Advisors private Limited is the lead manager of Satellite Corporate Services Private Limited is the registrar for the issue. The market Maker to the issue is NNM Securities 

About Saj Hotels Limited:

Our company is engaged in Hospitality industry. We provide a diverse portfolio of Business-to-Business (B2B), Business-to Business-to-Customer (B2B2C) and Business-to-Customer (B2C) hospitality offerings, spanning from traditional resort accommodation to villa rentals and restaurant and bar properties. We focus on providing comprehensive services to guests, including food and beverage options, recreational facilities and event hosting capabilities, reflecting a commitment to ensuring a memorable experience for our visitors. We offer a range of accommodation options across various destinations, each tailored to provide comfort and convenience. Our resorts have well-appointed rooms and suites, complemented by a variety of dining venues including restaurants, bars and in-room dining services. Our dedicated team provides personalized concierge assistance, access to rejuvenating spa facilities, and a host of recreational activities to ensure a memorable stay for every visitor. Our resorts serve as versatile event venues, equipped to host a wide array of gatherings including conferences, weddings, and social events. With comprehensive event planning and management services, we ensure seamless execution and unforgettable experiences for our clients and their guests

Additionally, we are also developing villas named, ‘Saj Villas’ in Goa. These villas have carefully curated range of 2BHK and 4BHK options for guests; whether for family vacations, group gatherings or romantic escapes. The property will also have a swimming pool for enhanced guest experience. Saj Villas provides an ideal lodging solutions tailored to diverse preferences.

OUR BUSINESS MODEL- We manage our resorts through a combination of the following methods- (a) Direct ownership and management of resort properties – The resorts operated by us under the ownership model are located on freehold or leasehold land and building owned by our Company. (b) Property managed by third-party operators – Some of the resorts or restaurant properties developed by us, are leased to various parties under operation and management agreements on contractual basis. 137 This hybrid approach enables us to effectively manage and operate the resorts and restaurants, leveraging both direct ownership and strategic partnerships to maximise operational efficiency and profitability.

Financials

For the years ended on March 31, 2024, March 31, 2023, and March 31, 2022, our Company has earned revenue from operations of

₹ 1,425.77Lakhs, ₹ 1,271.37 Lakhs, ₹ 1,283.25 Lakhs respectively. Our Earnings Before Interest, Taxes, Depreciation, and Amortization (“EBITDA”) for the year ended on March 31, 2024, March 31, 2023, and March 31, 2022, were ₹ 652.60 Lakhs, 322.40 Lakhs, and ₹ 412.03Lakhs respectively.

Disclaimer:

Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

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Hi Tech Universe Launches Real Estate and Forex Consultancy Services

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Hi Tech Universe has launched its investment consultancy services. The company gives a fresh twist to both real estate and forex industries with expert advice, put into practice with the benefit of modern digital tools. For the investor, this consultancy makes the difference in complicated areas. It is transparent to the clients, empowering them while carefully examining the market sets it apart as a go-to name among both novice and professional investors who want steady profits in shifting financial tides. Through the client-centered approach, it has defined new ways to perceive and deal with property and currency investments.

Hi Tech Universe provides an all-inclusive range of investment opportunities in the real estate sector, from commercial to residential properties that have high growth potential. In-depth market research by the consultancy identifies the properties that fit the diversified goals of investors, such as those who are looking for both short-term returns and long-term stability. The emerging market trends are brought out to the clients to make proper decisions even when there is fluctuation. The focus here is on stability and potential growth, which gives the impression that the company values sustainable real estate options as something that could appeal to any seasoned investor or newcomer alike.

Within the forex section, Hi Tech Universe offers clients a very secure trading platform with access to up-to-date real-time information and risk management capabilities. This, in turn, enables clients to respond fast to any currency market shifts with more confidence, because they can rely on being given fresh, updated information and solid analytical insights. The company’s platform is efficient and economical, with minimal transaction fees and speedy processing times, allowing for maximum returns by maintaining control of transaction costs within the hands of the investor, thus emphasizing its stance on a competitive trading experience that is both customer-friendly and efficient in striking an opportunity balance.

It has incorporated education and transparency above all else that a regular consultancy might provide. They take clients through every aspect of their investment, thus arming them with every vital information to make sound decision-making. This is enhanced through webinars, tutorial sessions, and individual consultations with clients. Through all these, the company facilitates an atmosphere of transparency between the company and the client to understand the depth at which their financial decisions exist. Dedicated experts are there to help for the entire process by furnishing continuous support, cultivating trust and confidence among the investors, and emphasizing the intent of the company to provide power to the clients.

In embracing digital innovation, Hi Tech Universe uses developed technologies to make the clients’ experience easier. A virtual real estate tour easily lets the clients view such properties from anywhere and with greater accuracy. The simulated forex trading environment enables the client to experience the system without risk while gaining confidence in entering the real markets. The online tools offered by the company provide real-time data that enables the client to monitor the performance of his or her portfolio anywhere and at any given time. Indeed, it is a fusion of digital solutions reflecting commitment to a more modern and user-friendly approach to investment management.

Hi Tech Universe is client-centric. This is because the consultancy provides solutions that cater to unique financial goals and risk preferences that are different for every client, thus showing personalization in commitment. It caters to customized strategies as well as smooth onboarding and portfolio management for easy intuition. Focusing on independence in finances, it ensures that the stability of the client’s finance is achieved through diversified reliable investment options. This commitment to individualized service speaks to the role of Hi Tech Universe as a trusted partner in guiding clients toward their financial goals.

At Hi Tech Universe, innovation and results always come out in the process of redefining consulting on investment with a fierce focus on clients’ winning. It is always the solid source whenever you want your savings to build into real estate financial portfolios and generate enormous returns and also an excellent provider for forex wealth. From empowering, giving account, to having a defined strategy approach, Hi-Tech Universe positions itself as one of those essential allies and an excellent investor to secure such a person’s financial fate. 

https://www.hitechuniverse.uk/

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The All-in-One Wellness Solution: How StuddMuffyn Life’s Multivitamins are Redefining Nutrition

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Ludhiana, Punjab, India, November 09, 2024: The Indian wellness market is saturated with varied products, but a Punjab-based brand has been making a mark with its innovation and quality. Founded by the dynamic duo of Paras Tomar and Ankur Bhati, StuddMuffyn Life has skyrocketed to success, achieving a remarkable turnover of 300 crores in the previous year.

Paras, an actor and influencer-turned entrepreneur with expertise in skincare, and Ankur, a data-driven expert with sharp e-commerce insights, combined their unique strengths to create a brand that resonates with health-conscious consumers across the nation.

Central to the brand’s impressive product lineup is their game-changing multivitamin tablets, designed to boost energy and overall health. These carefully formulated supplements are not just another addition to your medicine cabinet – they’re a comprehensive solution to modern nutritional challenges.

 Presenting The Multivitamin Marvel

The multivitamin tablets are meticulously crafted to provide the Recommended Daily Amount (RDA) of essential vitamins, ensuring your body receives optimal nutrition.

The benefits of this powerhouse supplement are far-reaching:

1. Holistic Health Boost: From promoting lustrous hair and radiant skin to increasing energy levels and maintaining a healthy metabolic rate, consumers often consider these multivitamins the best supplement for hair growth. 

2. Immune Support: Packed with immunity boosters like Vitamins C, D, E, and Folic Acid, these tablets fortify your body’s natural defenses.

3. Bone and Muscle Health: Key ingredients support bone strength and aid in muscle building, making it an excellent choice for fitness enthusiasts.

4. Cognitive and Ocular Benefits: The formula includes components that boost brain and eye health, addressing often-overlooked aspects of overall wellness.

5. Enhanced Athletic Performance: For the sports-minded, these multivitamins can help elevate performance levels.

A Potent Blend of Nature and Science

StuddMuffyn Life’s multivitamin tablets boast an impressive array of ingredients, including essential minerals like Iron, Zinc, and Calcium, paired with a robust vitamin profile featuring Vitamins C, B complex, A, K, and D. But what truly sets this formula apart is its inclusion of powerful natural extracts:

 – Boswellia and Turmeric for their anti-inflammatory properties

– Ginseng for energy and stress relief

– Grape Seed and Pine Bark extracts, rich in antioxidants

– Ginkgo Biloba for cognitive support

– Garlic and Spirulina for their numerous health benefits

This thoughtful combination of vitamins, minerals, and herbal extracts create a synergistic effect, addressing multiple aspects of health in one convenient tablet.

With continuous growth and innovation, StuddMuffyn Life’s commitment to quality and effectiveness remains constant. With its multivitamin tablets leading the charge, the brand is not just selling supplements – it’s promoting a holistic approach to health and wellness that resonates with health-conscious individuals across India.

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Industry leaders, including Nikhil Jathar, Krishna Pandya, Mayuresh Phadke & others, share insights on funding strategies and inclusive growth at the event

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Nagpur, Maharashtra – November 2024 – The 7th edition of the Local Startup Meet (LSM) recently concluded in Nagpur, Maharashtra, organized by the Entrepreneurship Cell of IIT Kharagpur. The event successfully brought together a diverse group of entrepreneurs, CEOs, and startup founders to engage in meaningful discussions about the evolving startup ecosystem.

A key highlight of the meeting was the panel discussion titled “How Funding Choices Shape Company Culture and Values,” which featured contributions from several esteemed industry leaders. Among the panelists were:

Mr. Ashutosh Naik, Group CCO at Groww
Mr. Nikhil Jathar, Co-founder and CTO of AvanSaber
Mr. Krishna Pandya, Founder & CEO of V21 CAPITAL
Mr. Mayuresh Phadke, Co-founder at Lemma Technologies
Mr. Kush Mehrotra, Vice President at MapMyIndia
The panelists shared valuable perspectives on the critical role that funding sources play in shaping a company’s culture and long-term objectives.

Key Insights from the Panel Discussion:

Impact of Funding Sources: Panelists explored how different types of investors, such as venture capitalists and impact investors, influence a company’s priorities, whether it be growth and profitability or social and environmental impact.
Values Alignment: Emphasis was placed on the importance of aligning a startup’s values with those of its investors to maintain a cohesive and motivated organizational culture.
Inclusive Growth: Strategies for fostering diversity and creating equitable opportunities within startups were discussed, highlighting the significance of inclusive growth in building sustainable businesses.
In addition to the discussion, the panelists played a pivotal role in evaluating and providing feedback to participating startups. They assessed funding eligibility, offered strategic suggestions, and recommended improvements to help startups refine their business models and growth strategies. This interactive judging session provided entrepreneurs with actionable insights to enhance their ventures and align them with best practices in the industry.

Reflecting on the event, Mr. Nikhil Jathar shared, “It was inspiring to see passionate entrepreneurs building sustainable, value-driven businesses. Aligning culture with growth strategies is essential for long-term success.”

Vinay Raut, Shivraj Gulve, and Khush Duggar, a few event organizers, remarked, “The participation of experienced leaders added immense value to our discussions. Their real-world experiences gave our attendees actionable insights to navigate the complexities of building and scaling their startups.”

The Local Startup Meet 2024 also featured interactive sessions and networking opportunities, allowing entrepreneurs to connect with potential mentors, investors, and peers. Organizers expressed their gratitude to all speakers and participants for making the event a success.

About Local Startup Meet (LSM)
The Local Startup Meet is an annual event organized by the Entrepreneurship Cell of IIT Kharagpur, aimed at fostering a vibrant startup community by facilitating knowledge exchange, networking, and collaboration among entrepreneurs, industry leaders, and aspiring startup founders.

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