Latest news with #ISO9001:2015
India Gazette
8 hours ago
- Business
- India Gazette
Shri Hare-Krishna Sponge Iron Limited launches 29.91 crore IPO
HT Syndication New Delhi [India], June 20: Shri Hare-Krishna Sponge Iron Limited, engaged in the manufacturing and sale of sponge iron, has announced the launch of its Initial Public Offering (IPO) on the NSE Emerge platform. The IPO will open on June 24, 2025, and close on June 26, 2025, with a price band of 56 to 59 per equity share of face value 10 each. The issue comprises a fresh issue of 50,70,000 equity shares, aggregating to 29.91 crore at the upper price band. The issue is being managed by Hem Securities Limited. KFin Technologies Limited is acting as the registrar to the issue. The minimum application lot is 2,000 equity shares. Allocation is as follows: - 24,02,000 shares for Qualified Institutional Buyers (QIB) - 7,24,000 shares for Non-Institutional Investors (NII) - 16,86,000 shares for Retail Individual Investors (RII) - 2,58,000 shares for Market Makers Utilization of Proceeds: - Funding of Capital Expenditure Requirements of our Company towards set up of Captive Power Plant at Siltara-Raipur: 2,300 Lakhs - General Corporate Purpose Company Overview Shri Hare-Krishna Sponge Iron Limited, incorporated in 2003 and based in Raipur, Chhattisgarh, operates in the sponge iron manufacturing segment. The company owns a manufacturing unit spread across 13.45 acres with an annual installed capacity of 30,000 metric tonnes. Sponge iron produced by the company is a key raw material for electric arc and induction furnace-based steel production. The company is ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified. Financial Highlights (FY25): - Revenue: 80.47 crore- EBITDA: 10.78 crore (13.40%)- PAT: 9.20 crore (11.43%)- ROCE: ~15% Leadership - Mr. Manoj Parasrampuria, Chairman and Managing Director - Mr. Abhishek Parasrampuria, CFO Investor and Media Contact: Corporate Communications - Shri Hare-Krishna Sponge Iron LimitedFlat No. 2-D, 2nd Floor, Tower No. 1, Alcove Gloria, 403/1, Dakshindari Road, VIP Road, Sreebhumi, North 24 Parganas, Kolkata - 700048 - Email: cs@ - Website: Forward-Looking Statement: Certain statements in this release may be forward-looking in nature, involving risks and uncertainties that may cause actual outcomes to differ materially. Shri Hare-Krishna Sponge Iron Limited does not undertake to update these statements publicly. (ADVERTORIAL DISCLAIMER: The above press release has been provided by HT Syndication. ANI will not be responsible in any way for the content of the same)
Business Standard
10 hours ago
- Business
- Business Standard
Shri Hare-Krishna Sponge Iron Limited launches ₹29.91 crore IPO
HT Syndication New Delhi [India], June 20: Shri Hare-Krishna Sponge Iron Limited, engaged in the manufacturing and sale of sponge iron, has announced the launch of its Initial Public Offering (IPO) on the NSE Emerge platform. The IPO will open on June 24, 2025, and close on June 26, 2025, with a price band of ₹56 to ₹59 per equity share of face value ₹10 each. The issue comprises a fresh issue of 50,70,000 equity shares, aggregating to ₹29.91 crore at the upper price band. The issue is being managed by Hem Securities Limited. KFin Technologies Limited is acting as the registrar to the issue. The minimum application lot is 2,000 equity shares. Allocation is as follows: - 24,02,000 shares for Qualified Institutional Buyers (QIB) - 7,24,000 shares for Non-Institutional Investors (NII) - 16,86,000 shares for Retail Individual Investors (RII) - 2,58,000 shares for Market Makers Utilization of Proceeds: - Funding of Capital Expenditure Requirements of our Company towards set up of Captive Power Plant at Siltara-Raipur: ₹2,300 Lakhs - General Corporate Purpose Company Overview Shri Hare-Krishna Sponge Iron Limited, incorporated in 2003 and based in Raipur, Chhattisgarh, operates in the sponge iron manufacturing segment. The company owns a manufacturing unit spread across 13.45 acres with an annual installed capacity of 30,000 metric tonnes. Sponge iron produced by the company is a key raw material for electric arc and induction furnace-based steel production. The company is ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified. Financial Highlights (FY25): - Revenue: ₹80.47 crore - EBITDA: ₹10.78 crore (13.40%) - PAT: ₹9.20 crore (11.43%) - ROCE: ~15% Leadership - Mr. Manoj Parasrampuria, Chairman and Managing Director - Mr. Abhishek Parasrampuria, CFO Investor and Media Contact: Corporate Communications - Shri Hare-Krishna Sponge Iron Limited Flat No. 2-D, 2nd Floor, Tower No. 1, Alcove Gloria, 403/1, Dakshindari Road, VIP Road, Sreebhumi, North 24 Parganas, Kolkata - 700048 - Email: cs@ - Website: Forward-Looking Statement: Certain statements in this release may be forward-looking in nature, involving risks and uncertainties that may cause actual outcomes to differ materially. Shri Hare-Krishna Sponge Iron Limited does not undertake to update these statements publicly.
Economic Times
11 hours ago
- Business
- Economic Times
Shri Hare-Krishna Sponge Iron Limited launches ₹29.91 crore IPO
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shri Hare-Krishna Sponge Iron Limited, engaged in the manufacturing and sale of sponge iron, has announced the launch of its Initial Public Offering ( IPO ) on the NSE Emerge opens on June 24, closes June 26 With face value of ₹10 each, the price band is ₹56 to ₹59 per equity share To support capital expenditure and general corporate purposes The IPO will open on June 24, 2025, and close on June 26, 2025, with a price band of ₹56 to ₹59 per equity share of face value ₹10 issue comprises a fresh issue of 50,70,000 equity shares , aggregating to ₹29.91 crore at the upper price band. The issue is being managed by Hem Securities Limited. KFin Technologies Limited is acting as the registrar to the minimum application lot is 2,000 equity shares. Allocation is as follows: 24,02,000 shares for Qualified Institutional Buyers (QIB) 7,24,000 shares for Non-Institutional Investors (NII) 16,86,000 shares for Retail Individual Investors (RII) 2,58,000 shares for Market Makers Utilization of Proceeds: Funding of Capital Expenditure Requirements of our Company towards set up of Captive Power Plant at Siltara-Raipur: ₹2,300 Lakhs General Corporate Purpose Company Overview Shri Hare-Krishna Sponge Iron Limited, incorporated in 2003 and based in Raipur, Chhattisgarh, operates in the sponge iron manufacturing segment. The company owns a manufacturing unit spread across 13.45 acres with an annual installed capacity of 30,000 metric tonnes. Sponge iron produced by the company is a key raw material for electric arc and induction furnace-based steel company is ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 Highlights (FY25): Revenue: ₹80.47 crore EBITDA: ₹10.78 crore (13.40%) PAT: ₹9.20 crore (11.43%) ROCE: ~15% Leadership Mr. Manoj Parasrampuria, Chairman and Managing Director Mr. Abhishek Parasrampuria, CFO Investor and Media Contact: Corporate Communications - Shri Hare-Krishna Sponge Iron Limited Flat No. 2-D, 2nd Floor, Tower No. 1, Alcove Gloria, 403/1, Dakshindari Road, VIP Road, Sreebhumi, North 24 Parganas, Kolkata - 700048 Email: cs@ Website: Forward-Looking Statement: Certain statements in this release may be forward-looking in nature, involving risks and uncertainties that may cause actual outcomes to differ materially. Shri Hare-Krishna Sponge Iron Limited does not undertake to update these statements publicly.(Disclaimer: The above press release comes to you under an arrangement with PNN and takes no editorial responsibility for the same.).
The Star
16 hours ago
- Business
- The Star
Growing achievements from the ground up
Wong: 'We saw an opportunity to contribute to more efficient and sustainable farming practices beyond Malaysia.' SK Specialties Sdn Bhd is Malaysia's first producer of controlled release fertiliser (CRF), a cutting-edge enhanced efficiency fertiliser (EEF) designed to support sustainable agriculture. Since beginning production in August 2009, its flagship product, SK Cote, has set new standards in nutrient delivery and environmental stewardship. Its commitment to quality and innovation has earned the company national recognition. According to SK Specialties managing director Adrian Wong Ling Yung, the company was granted Malaysia's Pioneer Status in 2012, certified with ISO 9001:2015 in 2017, and implemented the 5S workplace system in 2019 to enhance productivity and organisation. 'While EEFs are traditionally reserved for high-value crops due to cost, our mission is to make high-quality CRF more accessible and affordable worldwide. 'We were driven by the belief that feeding the world efficiently and sustainably is not just a goal – it's a responsibility.' Wong said the company began exporting in 2011, marking a milestone in becoming a globally competitive company. Moving into overseas markets was driven by its commitment to deliver high-quality, sustainable fertiliser solutions to a broader audience. 'We recognised a growing global demand for environmentally responsible agricultural products, and with our innovative SK Cote controlled release fertiliser, we saw an opportunity to contribute to more efficient and sustainable farming practices beyond Malaysia.' Exporting also aligned with its vision of supporting global food security while strengthening its position as a pioneer in the industry. Early in its export journey, the company encountered significant challenges that tested its resilience and adaptability. Wong said gaining market acceptance for its product was one such hurdle. 'As a new player introducing CRF, a relatively advanced and unfamiliar technology in many regions, we faced scepticism from potential customers who were accustomed to conventional fertilisers,' he said. Convincing them of the long-term benefits, cost-effectiveness and environmental advantages required substantial effort, including demonstrations, field trials and building strong, trust-based relationships with local partners. Another major challenge was the lack of in-depth knowledge about different markets. Each country had its own set of regulatory frameworks, agricultural practices, climatic conditions and customer expectations. Navigating these differences demanded extensive market research, adaptability and collaboration with local experts. It had to learn quickly, adjust marketing strategies and even fine-tune its formulations to meet specific regional needs. Despite these obstacles, the company remained committed, as its team invested time and resources into education and awareness campaigns, conducted extensive product trials and actively participated in trade exhibitions to showcase its solutions. 'Through our persistence, continuous learning and a customer-centric approach, we built credibility and established a growing presence in overseas markets,' Wong added. These early challenges strengthened its foundation and shaped the way it operates globally today – agile, informed and focused on delivering quality and value across borders. The company's international growth has been driven by a combination of key factors that continue to set it apart in a competitive global market. Its commitment to product quality that ensures consistent performance and environmental safety has helped build trust with customers around the world and positioned it as a reliable partner. The product offers significant cost advantages that make it accessible to a wider range of customers and its flexibility in customisation to meet local requirements. Also the company's willingness to collaborate with local partners played a vital role in its success as working closely with distributors, agronomists and government agencies allow it to adapt its approach, provide localised support and gain deeper insights into market dynamics. 'Winning the Silver Award in the Industrial Products category for two years in a row is a powerful validation of our commitment, resilience and collective effort,' said Wong. 'It acknowledges the strides we have made to produce high-quality, innovative products and highlights our ability to remain competitive and sustainable in the international export market. 'Looking ahead, we are exploring opportunities to expand into new and emerging markets, particularly in regions where sustainable agriculture is becoming a national priority. 'South Asia, Africa and parts of Latin America are high on our radar due to their large agricultural sectors, increasing focus on food security and growing demand for efficient fertiliser solutions,' he explained. The company looks to expand into markets where the need for sustainable, high-performance fertilisers intersects with its ability to deliver real, long-term value. For more, visit
Time Business News
5 days ago
- Business
- Time Business News
Techno Derivation Expands Global Tech Footprint with Software Solutions Across Blockchain, Mobile, Web and ecommerce
Techno Derivation Pvt. Ltd., an emerging leader in custom software development, continues to redefine digital transformation by delivering agile, scalable, and future-proof technology services to clients worldwide. Headquartered in Jaipur, India, and ISO 9001:2015 certified, the company is quickly becoming the go-to digital partner for organizations seeking powerful web applications, mobile experiences, and blockchain-powered systems. Founded in 2018, Techno Derivation has built a strong foundation in innovation and client-focused development. Today, the company serves a global clientele with active operations and partnerships in the USA, UK, UAE, Côte d'Ivoire, and India. Its mission is simple yet ambitious: to empower businesses of all sizes with next-generation digital products that not only function seamlessly but also enable rapid growth and long-term competitiveness. Techno Derivation's diverse service catalog is tailored to meet the evolving needs of today's digital-first businesses. At the core of its offerings is mobile application, and custom eCommerce development . Whether for Android, iOS, or cross-platform frameworks such as Flutter and React Native, the company delivers intuitive and robust mobile solutions that align with modern user expectations. From social and utility apps to on-demand services and enterprise platforms, each project is developed with a clear focus on user experience and performance. On the web development front, Techno Derivation specializes in both frontend and backend systems using technologies like Laravel, Angular, React, PHP, and Golang. The team is well-equipped to deliver custom web portals, SaaS applications, content management systems, and eCommerce platforms tailored to unique business processes. With a full-stack approach and an agile workflow, the company ensures rapid development cycles and high-quality results. Perhaps one of the most significant drivers of Techno Derivation's recent growth is its blockchain and Web3 development unit. In a market that increasingly values decentralization, security, and transparency, the company offers end-to-end services for creating smart contracts, NFTs, crypto wallets, DeFi apps, and custom blockchain ecosystems. These solutions are built with both technical precision and regulatory awareness, making them suitable for startups and enterprises entering the decentralized space. In addition to custom software, Techno Derivation has also launched a suite of pre-built, ready-to-deploy solutions that offer accelerated market entry for businesses across various industries. These white-label applications are ideal for businesses looking to launch platforms such as ride-hailing services, food delivery apps, OTT streaming, dating platforms, job portals, e-learning systems, and logistics management tools. Each of these solutions can be customized extensively to meet branding, functionality, and compliance needs. To illustrate the impact of its work, Techno Derivation highlights a number of successful client partnerships. The company was instrumental in developing Tara Taxi, a smart and user-friendly transportation app that has seen widespread adoption. It also delivered the 23 Ride platform, which received acclaim for its feature-rich interface and backend stability. In the entertainment sector, Techno Derivation helped build Blaster Gate, a high-traffic adult content platform that prioritizes privacy and security. These examples are just a few among many, demonstrating the company's adaptability across industries. Clients frequently praise the company's communication, technical skillset, and ability to deliver complex systems on time and within budget. Review platforms such as Clutch consistently score Techno Derivation above 4.8/5, citing strong project management, collaborative development processes, and long-term support. These reviews also highlight the company's transparency and ethical work culture—a key differentiator in a crowded software market. What reinforces Techno Derivation's credibility is its recent ISO 9001:2015 certification. This globally recognized standard validates the company's ability to consistently deliver services that meet both customer and regulatory requirements. It also demonstrates a commitment to continuous improvement, quality assurance, and internal operational excellence. The company's core strengths include: Custom mobile & web app development across all major tech stacks End-to-end blockchain solutions including NFTs, DApps, and DeFi Gaming development for card, fantasy, and skill-based games White-label and ready-to-launch industry platforms Global service coverage with multilingual and cross-border support Certified processes ensuring reliability and consistent delivery According to the leadership team, Techno Derivation's focus is not just on software, but on solving real-world business problems with the right technology. The company positions itself as a technology partner, not just a vendor—working closely with clients to define product goals, map user journeys, and build systems that generate measurable results. From ideation and wireframes to launch and support, every phase is handled with dedication and clarity. Looking ahead, Techno Derivation is set to expand its presence in North America and Africa, deepen its AI and IoT capabilities, and introduce new platforms powered by machine learning. The company's vision for the next five years includes developing more industry-specific tools, enhancing R&D, and contributing to open-source tech communities. Businesses seeking a reliable, experienced, and visionary technology partner will find Techno Derivation to be a company with the right combination of technical expertise, business acumen, and client-first values. With a proven track record and an eye on the future, Techno Derivation is well-positioned to lead the next wave of global digital transformation. For more information, visit or call +91-95498-28228. TIME BUSINESS NEWS
