Latest news with #Abril
Business Standard
14 hours ago
- Business
- Business Standard
Surat based Abril Paper Tech Ltd to Launch IPO on BSE SME Platform
PNN Surat (Gujarat) [India], August 21: Surat-based Abril Paper Tech Ltd, a leading manufacturer and supplier of sublimation and heat transfer paper, has received in-principle approval from BSE SME for its Rs. 1342 lakh public issue. The company plans to utilise the IPO proceeds to fund its expansion plans. Under the IPO, Abril Paper Tech Ltd will issue 22.00 lakh equity shares at a fixed price of Rs. 61 per share, targeting to raise Rs . 1,342 lakh. The proceeds will primarily be utilised for capacity expansion and additional working capital requirements. The public issue will open on August 29 and will close on 2 September. Founded and promoted by Prince Lathiya, Vipul Dobaria, and Ashishvin Lathiya, the company brings over eight years of industry expertise in sublimation and heat transfer paper solutions. Commenting on the expansion, Mr. Prince Lathiya, Non-Executive Director, Abril Paper Tech Ltd, said, "With increasing demand for sublimation and heat transfer solutions, our planned expansion will help us enhance product offerings, cater to new markets, and strengthen our position in the fast-growing digital printing ecosystem." Highlights:- - Company plans to raise Rs. 1342 lakh by issuing 22 lakh equity shares at Rs. 61 per share - IPO will open on August 29 and will close on September 2 - For FY 2025, company reported a robust financial performance with revenue of ₹6,091.08 lakh and EBITDA of ₹201.07 lakh - Post-expansion, the capacity will increase to 1,450 lakh meters per annum from 600 lakh currently - Product have wide application in growing sectors such as decor, home decor, fabric and ceramics Currently, Abril operates a manufacturing and warehousing facility in Surat with an installed capacity of 600 lakh meters per annum. Post-expansion, the capacity will increase to 1,450 lakh meters per annum, equipped with advanced technology for high-quality sublimation papers designed for digital printing solutions. The company specializes in sublimation heat transfer paper across multiple GSM specifications--30, 65, 75, and 90 GSM--catering to diverse applications in printing, garments, textiles, hosiery, curtains, and furniture industries. Further, Abril is planning forward integration by setting up facilities for manufacturing heat transfer paper, specialized frames, and PP sheets, with a strong focus on export markets. In addition to its strong B2B presence across 17 states in India, Abril plans to strengthen its B2C footprint through online and dealer networks, capitalizing on high-margin opportunities in design printing for cakes, FMCG packaging, and readymade garments. For FY 2025, Abril reported a robust financial performance with revenue of ₹6,091.08 lakh and EBITDA of ₹201.07 lakh, compared to ₹2,512.31 lakh revenue and ₹165.59 lakh EBITDA in FY 2024
News18
16 hours ago
- Business
- News18
Surat based Abril Paper Tech Ltd to Launch IPO on BSE SME Platform
PNNSurat (Gujarat) [India], August 21: Surat-based Abril Paper Tech Ltd, a leading manufacturer and supplier of sublimation and heat transfer paper, has received in-principle approval from BSE SME for its Rs. 1342 lakh public issue. The company plans to utilise the IPO proceeds to fund its expansion plans. Under the IPO, Abril Paper Tech Ltd will issue 22.00 lakh equity shares at a fixed price of Rs. 61 per share, targeting to raise Rs . 1,342 lakh. The proceeds will primarily be utilised for capacity expansion and additional working capital requirements. The public issue will open on August 29 and will close on 2 September. Founded and promoted by Prince Lathiya, Vipul Dobaria, and Ashishvin Lathiya, the company brings over eight years of industry expertise in sublimation and heat transfer paper on the expansion, Mr. Prince Lathiya, Non-Executive Director, Abril Paper Tech Ltd, said, 'With increasing demand for sublimation and heat transfer solutions, our planned expansion will help us enhance product offerings, cater to new markets, and strengthen our position in the fast-growing digital printing ecosystem."Highlights:-– Company plans to raise Rs. 1342 lakh by issuing 22 lakh equity shares at Rs. 61 per share– IPO will open on August 29 and will close on September 2– For FY 2025, company reported a robust financial performance with revenue of ₹6,091.08 lakh and EBITDA of ₹201.07 lakh– Post-expansion, the capacity will increase to 1,450 lakh meters per annum from 600 lakh currently – Product have wide application in growing sectors such as decor, home decor, fabric and ceramicsCurrently, Abril operates a manufacturing and warehousing facility in Surat with an installed capacity of 600 lakh meters per annum. Post-expansion, the capacity will increase to 1,450 lakh meters per annum, equipped with advanced technology for high-quality sublimation papers designed for digital printing solutions. The company specializes in sublimation heat transfer paper across multiple GSM specifications–30, 65, 75, and 90 GSM–catering to diverse applications in printing, garments, textiles, hosiery, curtains, and furniture industries. Further, Abril is planning forward integration by setting up facilities for manufacturing heat transfer paper, specialized frames, and PP sheets, with a strong focus on export addition to its strong B2B presence across 17 states in India, Abril plans to strengthen its B2C footprint through online and dealer networks, capitalizing on high-margin opportunities in design printing for cakes, FMCG packaging, and readymade garments. For FY 2025, Abril reported a robust financial performance with revenue of ₹6,091.08 lakh and EBITDA of ₹201.07 lakh, compared to ₹2,512.31 lakh revenue and ₹165.59 lakh EBITDA in FY 2024(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same)
Business Wire
16-06-2025
- Business
- Business Wire
Jennifer Abril Named Next Leader of American Cleaning Institute
WASHINGTON--(BUSINESS WIRE)--The American Cleaning Institute (ACI) announced that Jennifer Abril, currently President and CEO of SOCMA - The Society of Chemical Manufacturers & Affiliates ® - will become ACI's new President and Chief Executive Officer, effective August 11. Abril's appointment was approved by ACI's Board of Directors following an extensive search conducted by a Board search committee and the leading global executive recruitment firm, Korn Ferry. 'Jennifer Abril is the ideal person to lead ACI in its next chapter,' said ACI Board Chair Suzanne Carroll, Senior Vice President, Consumer and Life Sciences, Nouryon. 'The Board was impressed not only with her deep experience in advocacy and policy, regulatory engagement, and trade association leadership, but also with the passion and dedication Jennifer has exhibited throughout her 25+ year career in the regulatory and policy arena. This, plus her experience within the chemical sector, will enable her to hit the ground running to lead ACI. 'This organization is a gold standard among business trade associations and continues to represent the cleaning product supply chain at a very high level. The Board is now very excited to see how Jennifer will take ACI to even greater heights.' Abril has led SOCMA since 2016, showcasing SOCMA's position as the primary hub for the specialty chemicals sector. Under her leadership, SOCMA refreshed its programming and offered new opportunities to develop business partnerships and build industry connections across the supply chain. She previously served as the association's Director of Performance Improvement between 2006-2008 and was responsible for the development and implementation of ChemStewards®. Prior to serving as SOCMA's leader, Abril was President of the International Fragrance Association, North America from 2008-2016. She earned a B.A. in International Studies from The American University and holds a M.S. in Management from the University of Maryland, University College 'It is a privilege to join the American Cleaning Institute, an organization with a strong legacy and critical mission,' said Abril. 'The cleaning product supply chain is essential to public health, quality of life, and our nation's economy. From advancing sustainability to championing science-based policy, ACI is at the forefront of issues that touch every household. I'm thrilled to work with Team ACI and its exceptional members to further elevate the industry's impact.' ACI will continue to be led by Co-Interim CEOs Douglas Troutman and Korie Traver through August 11. 'Doug and Korie have done a phenomenal job of leading ACI since December 2024, continuing to build the staff while addressing a flurry of legislative, regulatory and marketplace challenges, never missing a beat when it comes to delivering for our member companies,' added ACI Board Chair Suzanne Carroll. Previous ACI President and CEO Melissa Hockstad led ACI for nearly eight years prior to joining the Consumer Brands Association as its President and CEO in January 2025. The American Cleaning Institute ® (ACI – is the Home of the U.S. Cleaning Products Industry ® and represents the $60 billion U.S. cleaning product supply chain. ACI members include the manufacturers and formulators of soaps, detergents, and general cleaning products used in household, commercial, industrial and institutional settings; companies that supply ingredients and finished packaging for these products; and chemical distributors. ACI serves the growth and innovation of the U.S. cleaning products industry by advancing the health and quality of life of people and protecting our planet. ACI achieves this through a continuous commitment to sound science and being a credible voice for the cleaning products industry.
CNN
04-05-2025
- Entertainment
- CNN
2.1 million crowd estimated at free Lady Gaga concert on Rio's Copacabana beach
A sea of people filled Rio de Janeiro's Copacabana beach on Saturday as pop superstar Lady Gaga played a colossal free concert in the Brazilian city, with more than a million fans expected to attend. Guests started queuing from early Saturday morning to secure a good spot for the show, which is paid for by local authorities. Organizers said about 2.1 million revelers were estimated to have attended. One fan, Lucas, told CNN that he thinks the concert attracted a bigger audience than the one put on by Madonna a year ago on the world-famous seafront. 'I feel the city is more crowded this time, but I'm very excited', said the film maker. Many fans – which the star refers to as her 'Little Monsters' – had dressed up in Gaga-themed costumes, referencing major hits like 'Poker Face,' 'Born This Way' and 'Bad Romance.' Lady Gaga's trip to Brazil is part of a global tour to promote 'Mayhem,' her new album. The genre-hopping singer and actor, 39, was in Mexico City last week, where she played two concerts. The night before the Rio concert, the pop star surprised beachgoers on Copacabana by taking the stage for a rehearsal. 'I've missed you so much', she said between applause, during her first performance in Brazil since 2012. 'I know that this is not the first show here, I know this is just a rehearsal, it feels like it's the real show,' she added before breaking into 'Alejandro.' On Saturday night, while walking towards the stage, Abril, an Argentine tourist, told CNN affiliate CNN Brazil about the big moment. 'The truth is that the energy here in Copacabana is incredible,' Abril said. 'Rio is incredible and it always lends itself to parties and magical moments.'
CNN
04-05-2025
- Entertainment
- CNN
2.1 million crowd estimated at free Lady Gaga concert on Rio's Copacabana beach
A sea of people filled Rio de Janeiro's Copacabana beach on Saturday as pop superstar Lady Gaga played a colossal free concert in the Brazilian city, with more than a million fans expected to attend. Guests started queuing from early Saturday morning to secure a good spot for the show, which is paid for by local authorities. Organizers said about 2.1 million revelers were estimated to have attended. One fan, Lucas, told CNN that he thinks the concert attracted a bigger audience than the one put on by Madonna a year ago on the world-famous seafront. 'I feel the city is more crowded this time, but I'm very excited', said the film maker. Many fans – which the star refers to as her 'Little Monsters' – had dressed up in Gaga-themed costumes, referencing major hits like 'Poker Face,' 'Born This Way' and 'Bad Romance.' Lady Gaga's trip to Brazil is part of a global tour to promote 'Mayhem,' her new album. The genre-hopping singer and actor, 39, was in Mexico City last week, where she played two concerts. The night before the Rio concert, the pop star surprised beachgoers on Copacabana by taking the stage for a rehearsal. 'I've missed you so much', she said between applause, during her first performance in Brazil since 2012. 'I know that this is not the first show here, I know this is just a rehearsal, it feels like it's the real show,' she added before breaking into 'Alejandro.' On Saturday night, while walking towards the stage, Abril, an Argentine tourist, told CNN affiliate CNN Brazil about the big moment. 'The truth is that the energy here in Copacabana is incredible,' Abril said. 'Rio is incredible and it always lends itself to parties and magical moments.'
