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Rohini Iyer, one of the most influential women entrepreneurs in the world of business and entertainment, attended the prestigious TIME100 Summit and TIME Earth Awards 2024 held in New York City recently. The TIME100 Summit, held at Jazz at Lincoln Center, brought together a diverse lineup of thought leaders and visionaries including Selena Gomez, Leslie Odom Jr., Jane Fonda, John Kerry, and Tory Burch, among others. Iyer walked the red carpet and engaged in discussions with fellow attendees. This gathering, organized by TIME, celebrated over a century of storytelling that has shaped our world and offered a platform for leaders to address pressing global issues. https://www.instagram.com/p/C6NI942LY3a/ Reflecting on the TIME Earth Awards 2024, Rohini Iyer expressed profound admiration for the individuals honoured for their impactful contributions to climate justice, awareness, and activism. Inspired by the speeches delivered by renowned climate advocates and activists, including Jane Fo...

The SME Initial Public Offering of Storage Technologies and Automation Limited was subscribed 2.76 times on the first day of bidding. The issue received bids of 75,88,800 shares against the offered 27,50,400 equity shares, at a price band of ₹76-78, according to the data available on the SME platform of BSE. Retail Portion was subscribed 4.99 times, Non-Institutional Investors Portion was subscribed 1.63 times, whereas Qualified Institutional Buyer Portion subscribed 0.02 times. The issue kicked off for subscription on  Tuesday, April 30, 2024  and will close on  Friday, May 03, 2024 . OneView Corporate Advisors Private Limited is the sole book-running lead manager and Integrated Registry Management Services Private Limited is the registrar to the issue. The equity shares are proposed to be listed on SME Platform of BSE Limited. Company Information Storage Technologies and Automation Limited was incorporated in the year 2010 by its promoter Mr. Mohammed Arif and Mr. Khasi...

Shares of Heating Equipment Maker JNK India Limited made a heating debut on the exchange at a premium of 50%, higher than the IPO’s issue price of Rs 415. The scrip listed Rs 620 per share on BSE and Rs 621 per share on NSE, at a premium of 49.40% and 49.64% respectively. The company's share price closed at Rs 693.95 per share on the BSE, a 67.22% premium, and at Rs 692 per share on the NSE, a 66.75% premium. As per NSE, the total quantity traded stood at 216.25 lakh shares, on BSE the total Quantity stood at 14.37 lakh shares. Total Turnover (BSE+NSE) on Day 1 stood at Rs 1545.66 crore. Mr. Arvind Kamath, Chairperson – JNK India Limited , said "We extend our heartfelt gratitude to all our esteemed investors for their unwavering support and confidence as we embark on this exciting journey of listing our units on the exchange. Your commitment fuels our drive towards greater success, and we look forward to delivering exceptional value as we grow together. Thank you for being a v...

Price Band of ₹73/- – ₹78/- per equity share bearing face value of ₹10/- each (“Equity Shares” Bid/Offer Opening Date – Tuesday, April 30, 2024 and Bid/Offer Closing Date – Friday, May 03, 2024. Minimum Bid Lot is 1600 Equity Shares and in multiples of 1600 Equity Shares thereafter. The Floor Price is 7.3 times the face value of the Equity Share and the Cap Price is 7.8 times the face value of the Equity Share RISK TO INVESTORS The Company is dependent on few numbers of customers for sales. Loss of any of this large customer may affect our revenues and profitability We have certain outstanding litigation against us, an adverse outcome of which may adversely affect our business, reputationand results of operations The unexpected loss, shutdown or slowdown of operations at our manufacturing plant could have a material adverse effect onour results of operations and financial condition. Inaccurate estimation of risks, revenues, or costs for a projects could negatively impact our profitabil...