Latest news with #Amalfi
Forbes
5 days ago
- Business
- Forbes
Hotel Santa Caterina Adds New Suites and Rooftop Dining in Amalfi
A stone's throw from Amalfi, Hotel Santa Caterina has been a fixture of Italian hospitality for more than a century. Originally built as a private residence in 1850 by Giuseppe Gambardella, a local landowner on the Amalfi Coast, the villa was transformed into a hotel with six rooms in 1904. Still family-owned and now in its fourth generation, the iconic property boasts 66 rooms and continues to honor its historic roots while building on its legacy for the future. As you drive along Italy's most iconic coastline, you can't miss the stately villa perched upon the hillside. Set on 5 acres dotted with lemon trees, Santa Caterina captures the essence of the Amalfi Coast with hand-painted tiles, elegant wooden furnishings and seaside views from its sunny terraces. Part of the Leading Hotels of the World collection, the Liberty style property is classic Italian: with a traditional revolving entrance, vintage wood-paneled reception and a hospitality team that has worked at the hotel for decades. More than staff, they're family — creating an atmosphere that feels like home rather than a hotel. Santa Caterina's rooms and suites are plush and elegant, featuring Vietri's famous majolica tiles, artisanal headboards and early 20th century furnishings. Many include private terraces or balconies with views of the sea or surrounding gardens. Chalet Giulietta & Romeo Courtesy of Hotel Santa Caterina Although the property prides itself on catering to families of all ages, two of the most beautiful suites are ideal for couples. 'Follia Amalfitana' features a unique shell-shaped bed, a hydrotherapy bathtub and a private outdoor pool, while 'Chalet Giulietta and Romeo,' an intimate cottage with vaulted ceilings and a garden terrace, offers a secluded pool with panoramic coastal views. Just a short walk away, Villa della Marchesa is a five-bedroom retreat ideal for larger groups. Complete with a lap pool, spacious kitchen with wine cellar and an expansive dining terrace where guests can enjoy private meals prepared by the chef. Villa della Marchesa Alessandra Farinelli This year, the hotel has added seven more suites in a refreshed, contemporary style to meet growing demand. Rather than expanding the footprint, the hotel has continued its longstanding practice of restoring existing structures — a necessity in a region where new development is tightly regulated. Dining at Santa Caterina is another unforgettable experience. Glicine, the hotel's Michelin-starred restaurant, is set on a romantic terrace and named for the iconic wisteria draped over the property each year in April. Here you can order dishes à la carte, or a tasting menu, featuring creative spins on local recipes such as roasted squid stuffed with stuffed with zucchini, potatoes, and Provolone del Monaco cheese, or Wagyu beef with tuna, capers and anchovy sauce. Glicine Courtesy of Hotel Santa Caterina Ristorante Al Mare, located at sea level beside the pool, takes a more relaxed approach to the region's beloved comfort food. Enjoy tagliolini pasta with a creamy lemon sauce, eggplant parmesan or oven-baked pizzas alongside grilled seafood and decadent desserts — accompanied by the sound of waves lapping below and live mandolin performances. The newest addition, Senzafine, is a rooftop Mediterranean grill and raw bar that pairs elevated dishes with cocktails and sunset views. Signature plates include amberjack carpaccio with citrus and ponzu, Fassona beef tartare with hazelnuts and black truffle, and smoked eel yakitori with rosemary potatoes. Open Wednesday through Sunday, it's a stunning spot for an aperitivo as golden light bathes the coast. Ristorante Al Mare Courtesy of Hotel Santa Caterina While the sun shines, most guests spend leisurely days down at Santa Caterina's beach club. Reachable by a panoramic glass elevator or a scenic stroll down a lemon grove-lined path, the cliffside sundeck and saltwater pool are carved into the rock — making it one of the coast's most unforgettable retreats. There's also a small dock to catch a boat ride to Capri or along the coast. If you need to unwind, the hotel's spa offers treatments using ingredients grown on the property, including lemons, rosemary and olive oil. Don't miss the signature 'Amalfi Gold' massage which uses a lemon-infused oil to nourish both body and spirit. Santa Caterina also has a sauna, Turkish bath, hydrotherapy shower and fitness room with views of the sea. Whether you plan to stay at the property or explore the coast, Santa Caterina offers a prime location. Amalfi is a scenic 15-minute walk downhill, with a complimentary shuttle available around the clock. Ravello is just 20 minutes by car, while Positano is a picturesque 40-minute drive away.
The Sun
29-05-2025
- Entertainment
- The Sun
Maya Jama shares first pic with new man Ruben Dias as they cuddle on luxury yacht trip
MAYA Jama has shared her first loved up snap with new man Ruben Dias. The Love Island host, 30, and Manchester City hunk Ruben, 28, are currently enjoying a break in Italy together before she gets to work on the dating show. 6 6 6 6 And it seems things are going very well between them as Maya decided to share a picture of them cuddling aboard their luxury yacht. Posting images from their love boat, Maya wrote: 'Amalfi coasting.' In the other pictures, Maya is seen showing off her incredible figure in a thong bikini. There is also a video, seemingly taken by Ruben, which sees her diving into the water as he looks on. Her fans rushed to comment on the intimate post, telling her how happy she looked with Ruben. The pair have been dating since last year with the relationship seemingly hotting up over the past few weeks. Both Maya and Ruben have posted pictures of each other separately but fans had been waiting to see them together. And earlier in the week, Maya uploaded a short clip and wrote: "perv cam," as Ruben can be seen rubbing sun tan lotion on his body while in swimming shorts. Last month, we told how Maya had introduced Ruben to her mum Bernadette, with sources saying they are ' getting more serious '. Maya also revealed in March she was taking Portuguese lessons. Prior to getting together with Ruben, Maya was in a high profile relationship with rapper Stormzy. The couple were in a relationship until 2019 before splitting for five years. They reunited in 2023 but called it quits again last summer. 6 Maya Jama and Stormzy's relationship timeline 2016 - Stormzy and Maya Jama first got together when she was 20 and the couple quickly won over the hearts of the public. 2018 - The couple moved in together in southwest London with the dog they shared, Enzo. 2019 – They announced their split after a four year romance. 2021 – Maya meets and gets engaged to basketball player Ben Simmons. July, 2022 – Maya calls off her engagement. November, 2022 - Maya and Stormzy kissed at the MTV VMAs in Dusseldorf, Germany. May, 2023 – The Sun revealed how Maya had been visiting Stormzy at his London home. August, 2023 - Maya and Stormzy confirmed their relationship was back on when they were spotted strolling hand-in-hand on holiday. December, 2023 - Maya goes Instagram official again with her man. July, 2024 – Maya and Stormzy announce their split
Metro
28-05-2025
- Lifestyle
- Metro
Save up to 50% off at Dunelm right now - and these are best homeware deals
Metro journalists select and curate the products that feature on our site. If you make a purchase via links on this page we will earn commission – learn more Here at Metro HQ, we love a sale – and Dunelm have just kicked off one that's unmissable. For a limited time only, Dunelm's big homeware sale is here, and it's a total interiors dream. We're talking up to 50% off thousands of must-have pieces, from dreamy bedding and statement lighting to chic furniture, cosy rugs, and those finishing touches that make a house a home. Whether you're zhuzhing up a single room or giving your whole space a glow-up, there's something to suit every style (and budget). Better yet? You can shop online, swing by your local store, or click and collect – just don't hang about, these deals won't stick around forever. As per, we've enlisted the help of our shopping expert to have a look at Dunelm's sale, and find some bits and bobs that will give your home a new lease of life. Of course you can also shop the full sale here. Channelling retro charm with a modern twist, this table is a total scene-stealer. Its beautifully curved top is paired with elegant, tapered legs for a look that's both timeless and on-trend. Crafted from oak veneers and rubberwood, the natural finish brings a warm, organic feel that'll instantly elevate your space. Buy Now for £159.20 (was £199) Looking to elevate your everyday dining? This 12-piece Amalfi dinner set is a total table-topper. Crafted from high-quality stoneware, it features a modern colourway that'll slot seamlessly into just about any home décor. Each piece is finished with a reactive glaze and organic edges, meaning no two are quite the same – hello, effortless charm. It's dishwasher and microwave safe too, so it's as practical as it is pretty. Available in a range of colours to suit every style. Buy Now for £48 (was £60) Add a touch of timeless style to your space with the Herringbone Border Doormat, crafted from durable jute with a soft cotton border and slip-resistant backing – perfect for busy areas. Each natural fibre rug is unique, and with a little care (think regular vacuuming, no water, and gentle blotting for spills), it'll stay looking fresh for years to come. Buy Now from £7.20 (was from £9) Looking to turn your bedroom into a blissed-out sanctuary? This linen duvet set might just be your dream ticket. Crafted from premium linen, it brings that effortlessly luxe, lived-in look while keeping things breathable all year round- cosy in winter, cool in summer. The texture? Soft, supple, and oh-so-inviting, like a gentle hug at the end of a long day. It's durable too, so it'll stay looking lovely wash after wash, and its timeless design means it'll slot into any bedroom setup with ease. Buy Now from £72 (was from £90) Soft, stylish, and seriously snuggle-worthy – this chenille cushion is a quiet little showstopper. Made from beautifully smooth chenille with a subtle spot texture, it adds just the right amount of interest without stealing the spotlight. Its plain design makes it a dream to layer with other colours and fabrics, whether you're going bold or keeping things calm. Generously filled for that perfect plumpness, it also comes with a removable, machine-washable cover – because comfort and convenience should always go hand in hand. Buy Now for £8 Small space, big style – the Olney coffee table is here to do the most. With its clever extending top, you'll have extra surface space when you need it, and a sleek, compact look when you don't. There's an open shelf and handy drawer for all your living room bits and bobs, and the stone finish with a wood-effect top means it'll slot effortlessly into both modern and traditional interiors. Buy Now for £159.20 (was £199) In the market for a snuggle chair that brings both comfort and character? This one ticks all the boxes. With its roomy single-seat design, square arms, and fixed back, it's the perfect perch for curling up with a cuppa or your latest binge-watch. The cotton-blend fabric feels as good as it looks, while the bold stripe pattern adds just the right pop of personality. And thanks to its foam and fibre-filled cushions, it's as comfy as it is eye-catching. Buy Now for £319.20 (was £399) Bring a little Mediterranean magic to your doorstep with this beautifully lifelike olive tree. With soft green leaves and a realistic trunk, it's the perfect way to frame a porch or covered entrance—no watering can required. A fab option for allergy sufferers or pet owners, this faux beauty delivers all the charm of the real thing without the upkeep. Pop it in a planter of your choice to create a look that's uniquely yours. Buy Now from £44 Cold night? Lazy weekend? This fleece throw has you covered – literally. Made from ultra-soft, premium-quality fleece, it's the kind of snuggly essential you'll reach for again and again. Whether you're curled up on the sofa, deep into a Netflix binge, or lost in your latest read, this throw wraps you in velvety-soft comfort. Available in a range of dreamy shades – from calming neutrals to rich jewel tones – it's as stylish as it is snug. And when it needs a refresh? Just pop it in the machine on a gentle cycle and tumble dry low. Easy. Buy Now for £5.60 (was £7) Want to give your bathroom a little lift? This striped towel is just the ticket. With its bold, modern design and vibrant colour palette, it's perfect for adding a splash of personality to your space. Made from 100% cotton for that soft, fluffy feel, it comes in three handy sizes and a range of gorgeous shades. Pair it with the matching Egyptian cotton range to create a look that's totally you. Buy Now from £4.80 (was from £6) So what are you waiting for? Follow Metro across our social channels, on Facebook, Twitter and Instagram Share your views in the comments below MORE: Get the most out of your garden with this wild-life friendly garden range at Dunelm MORE: Dine outdoors with Dunelm's gorgeous picnic sets and garden furniture MORE: These solar-powered string lights from Dunelm have been hailed 'best on the market' and here's why
Forbes
23-05-2025
- Forbes
Nine Hotels For Your Italian Summer Holiday
Italy, Amalfi Coast, Amalfi, beach. (Photo by: Dukas/Christian Heeb/Universal Images Group via Getty Images) Italy has long attracted travelers, from the starlets drawn to it in the 1950s to modern-day influencers sharing Positano selfies with their followers. Indeed, Italy feels like multiple countries within its 800-mile length. That's because prior to its 1861 unification, the Italian peninsula was fragmented into several kingdoms, duchies, and city-states, each with its landscape, culture, food, and grapes. As a result, only a cynic would grow weary of visiting repeatedly. For everyone else, most start planning their next holiday before the current one ends. One day you're tucking into prawns by the sea; the next, you're researching boat trips around Capri. And while there's no one way to do Italy right, staying at the right hotel makes a good trip unforgettable. From cliffside monasteries to Milanese fashion hideouts to Venetian palaces that feel like a movie set, these properties bring a little magic to your trip. Here are nine places in Italy to check in, which you'll never want to check out. One of the swanky guest rooms in the hotel. Why Book: Historic architecture meets fashion-world polish Where: Corso Venezia, at the edge of Milan's Quadrilatero della Moda Hidden behind heavy gates on one of Milan's most elegant streets, Portrait Milano occupies a 16th-century former seminary—one of the oldest of its kind in Europe, and until a few years ago, practically abandoned and closed to the public. Now, it's home to a Ferragamo family masterpiece that blends reverence for the past with modern design savvy. The central cloistered courtyard is the hotel's signature—a grand, open-air space lined with boutiques and colonnades that's rare in this part of town. Rooms are warm and tailored, with wood, leather, and linen finishes that reflect Milanese craftsmanship at its best. For food, there are two standout options: 10_11, an all-day spot ideal for aperitivo under the arches, and Beefbar, which brings a retro-modern steakhouse energy to the mix. Think Art Deco meets Italian gloss, paired with a deep, smartly curated wine list. There's also a Longevity Suite spa, and just beyond the hotel's private gates are Milan's top shopping streets, buzzing cafes, and low-key power lunches. This is a stay that feels both hidden and central, polished and relaxed. Best For: Fashion insiders, design obsessives, and travelers who want to stay where the city actually moves. The rooftop bar features fabulous views of Florence. Why Book: Old-world beauty, modern comfort, and the kind of rooftop bar you'll remember long after checkout Where: In Florence's Centro Storico, a few quiet turns off the main tourist track Some hotels play the Renaissance card too hard. Palazzo Gaddi doesn't have to. Built in the 16th century for one of Florence's noble families, it still feels grand—frescoed ceilings, wide stone staircases, and salons lined with centuries-old art—but it's not trying to impress you with its history, just fold you into it. The rooms are elegant, but the townhouse-style duplex suites stand out due to their airy, high ceilings, views across the rooftops, and ample space for relaxing. Downstairs, the Milton Bar achieves something rare—it feels classic without being dated. The bar features mahogany wood, a working fireplace, and cocktails named after famous Florentine gardens. It feels like the kind of place where a well-dressed traveler would have stopped 100 years ago, and yet it feels relevant today. Aria, located on the roof, offers an unparalleled experience. Come for the golden-hour views of the Duomo, and stay for the hors d'oeuvres and aperitivo, a session that can easily turn into dinner. When you are ready for something more formal, Terrae Restaurant offers a refined menu led by Chef Iside De Cesare of Michelin-starred La Paroli. The cuisine combines a unique blend of technique and restraint, highlighting the power of local ingredients. Events—think destination weddings—are set in a series of frescoed salons and a historic ballroom lined with artworks from one of the Gaddi family's most famous patrons, Niccolò di Sinibaldo. But even if you're not here for a private event, the whole hotel feels like an occasion worth dressing up for. Best For: Travelers with taste, returning visitors, and anyone looking to experience Florence without getting swept up in the crowd The soaring ceilings of the stone lobby get a touch of glamour from green drapes. Why Book: A modern sanctuary with cinematic scale in the heart of the city Where: Just off Piazza Barberini, within walking distance of Villa Medici and the Colosseum Rome, a city rich in history and beauty, is equally beset by traffic and crowds. The Rome EDITION alleviates the visual and audible noise by providing space, clarity, and scale. Inside a stately 1940s building designed by Cesare Pascoletti and Marcello Piacentini, the hotel features a lush courtyard that feels like a secret garden. Step inside, and everything shifts again: you will find a soaring lobby draped in floor-to-ceiling green velvet, original marble staircases, statues, and vintage lighting that remain from the building's former life as a bank. The color palette is muted yet textured, featuring wood, stone, and the interplay of shadow and light. It's dramatic without being cold. Ian Schrager's signature style, clean and contemporary, underpins the rooms with an ever-so-naughty playfulness. After a day of elbowing through crowds at the Forum or the Vatican, entering your room or suite feels like a chance to exhale in solitude. Additionally, there is a rooftop pool (yes, you can actually swim in it), a courtyard garden bar, an iteration of the brand's signature cocktail bar Punch Room, and the excellent restaurant Anima, which is a culinary standout in a tourist-heavy neighborhood. Helmed by chef Antonio Gentile, the food is seasonal, creative, and absolutely worth seeking—even if you're not staying the night. Best For: Travelers who want Rome's energy but also a place to retreat and eat well while doing it View of the hotel from an upper level pool. Why Book: Understated luxury that mirrors the Sardinian landscape Where: Overlooking Piccolo and Grande Pevero bays, just outside Porto Cervo CPH | Pevero Hotel blends into its surroundings in all the right ways. Warm, natural tones color the buildings, echoing the granite hills of the coastline. The low-key lobby creates a welcoming atmosphere at check-in, reflecting the laid-back yet upscale attitude of both the property and its staff. Recently refreshed rooms strike a clean, modern tone while maintaining a connection to the island through local materials and organic textures as well as a soft pink color palette evocative of the pink granite beaches. Balconies open to expansive views of Sardinia's trademark turquoise waters. The hotel sits on a gentle slope. Instead of succumbing to space constraints, the architects designed a dramatic series of pools that are set into the hillside and cascade like the terraces of a waterfall. If you ever tire of the pools—which is unlikely—you can take a five-minute walk to the bathtub-like waters of Grande Pevero Beach. In summer, the beach is packed with tourists, but if you get there early, you'll have it to yourself. Lunch at Le Piscine is a highlight: it's a place to relax with expertly cooked pasta along with grilled seafood and vegetables. The bottarga and clam linguine is the dish to order, with its briny, unctuous, and yet balanced flavors in the form of a swirl of pasta topped with thin slices of the local delicacy from Cabras. For dinner, Zafferano offers a refined experience with views of the ocean. Enjoy a cocktail, and then explore the extensive selection of Sardinian wines to pair with a salt-baked whole sea bream for two. Don't miss the excellent spa, where you can select a facial or deep tissue massage; the therapists, blessed with strong, steady hands, will alleviate the kinks from overnight flights. Best For: Couples, design-conscious travelers, and anyone looking for a relaxed Sardinian base close to the sea A cliffside location provides fabulous views and a fairytale setting. Why Book: Historic soul, panoramic drama, and just the right amount of indulgence Where: Tucked into the cliffs above Amalfi town Anantara Convento di Amalfi, originally a 13th-century Capuchin monastery, honors its history without succumbing to it. The setting is dramatic: arched corridors, vaulted ceilings, and preserved stonework contribute to a dramatic ambiance, while modern comforts provide a comfortable, upscale experience. From nearly every corner, the views turn cinematic, especially from the sea-facing guest rooms that frame both the coast and the shifting shades of blue in the water. On the roof, an infinity pool stretches toward Capri, while a spa welcomes guests who have had a long day of travel. Mornings start with espresso on the terrace; evenings are made for cocktails on the lawn before a bowl of fresh pasta at Dei Cappuccini, the hotel's signature Italian restaurant run by Chef Claudio Lanuto. Service is thoughtful, never overbearing, and gracious given the otherwise glamorous location. Of course, it helps that the setting does most of the work. Best For: Romantic escapes, slow mornings, and travelers who want the Amalfi Coast without the frenzy One of the guest rooms at ROMEO Hotel Napoli. Why Book: A bold blend of cutting-edge design, good food, and holistic wellness Where: Naples waterfront, near the ferry terminal Naples thrives on contrasts, and ROMEO Hotel perfectly embodies that spirit. Designed by Japanese architecture firm Kenzo Tange & Associates, this sleek, modern, maximalist hotel stands out with its sharp lines and contemporary art, all set against the historic backdrop of the city. Its prime location offers quick access to both the bustling city center and ferry departures to Capri and Ischia. Despite the lure of pizza across the city, don't miss dining at the property. Culinary experiences here are exceptional. Il Ristorante Alain Ducasse Napoli, for example, offers Michelin-starred dining with panoramic views of the city. For a more relaxed affair, La Terrazza on the 10th floor offers a rooftop bar and restaurant experience adjacent to the infinity pool, with views of the Gulf of Naples. Wellness is a cornerstone of Romeo's experience. LA SPA Sisley Paris offers various treatments, such as aromatherapy, body wraps, and facials, all set in a tranquil environment that features a gym, Kneipp path, hot tubs, saunas, and sensory showers. Best For: Travelers seeking a luxurious stay that combines modern design, gourmet dining, and comprehensive wellness facilities The Riva Lounge sits on the Grand Canal in Venice. Why Book: Iconic Venetian opulence right on the Grand Canal Where: San Marco district, Venice The Gritti Palace has long been associated with the opulence of Venice. Now, the hotel has added a new chapter to its storied history. The Luxury Collection, of which Gritti Palace is a member, has partnered with MAD Academy, the food sustainability organization founded by world-renowned chef René Redzepi, to redefine sustainability in hospitality. As a result, the hotel's culinary team has reimagined how it sources ingredients, creates and composes dishes, and handles food waste. For example, the hotel's cooking classes at the Gritti Epicurean School offer guests the chance to select fresh, locally sourced seafood and produce at the nearby Rialto Fish Market before preparing Venetian-inspired dishes back at the hotel with executive chef Alberto Fol. The hotel's commitment to local seasonal produce extends to its gardens on Giudecca and Mazzorbetto islands, which supply fresh ingredients for its flagship restaurant, Club del Doge, as well as its other drinking and dining venues, including the fabulous waterfront Riva Lounge, the seasonal Gritti Terrace, and the elegant jewel-box Bar Longhi. Best For: Travelers seeking classic Venetian luxury with a contemporary, eco-conscious twist. A guest room interior. Why Book: An escape to Sicily that feels personal, not packaged Where: Between Noto and Siracusa, in the hills of Val di Noto Skip the crowds in Taormina and head south, where Sicily opens up into expansive sea and countryside views. Dimora delle Balze sits on 60 acres of countryside, with stone courtyards, citrus trees, and rolling hills unfurling in every direction. The building occupies a restored 19th-century masseria accented with original frescoes, arched ceilings, and thick plaster walls. Each of the 11 rooms feels handmade, not designed by a corporate committee. There's a saltwater pool, a small spa, and a restaurant serving ingredients grown right on the land. It feels like staying at the restored home of an interior designer. The hotel is close to the coast and the gorgeous golden town of Noto. Go for a drink to see sunset light up the city, then head back in the evening for dinner. Best For: Travelers who want space to slow down and a stay that actually reflects the place Drone shot of the hotel hugging the coastline. Why Book: For easy access to the Maddalena Islands, minus the crowds Where: Cala Capra Bay, just outside Palau, northern Sardinia Tucked into a quiet cove and surrounded by pines, wildflowers, and stone paths, Hotel Capo d'Orso feels hidden in the best way. It's part of the family-run Delphina group, known for putting Sardinian hospitality and wellness at the center of their properties. The hotel isn't the flashiest resort on the island—and that's the point. It blends into the landscape, wrapped in a protected park that feels a world away from the busy coastal scene. What is the true magic of this place? Thanks to company partner Poseidon, the hotel boasts a private marina and a fleet of small boats. For example, the company's experienced skipper Allesandro might take you out to see the otherworldly beauty of the Maddalena Islands, drop you in Maddalena town for a sunset aperitivo, and then return you in time for dinner. Guests can even book a day trip to Corsica, only a mere 30 minutes by boat from the property. The hotel's flagship Italian restaurant, Il Paguro, is a destination-worthy experience; the waterfront restaurant offers fresh-caught fish and local lobster, handmade Sardinian pastas, and a strong wine list with a memorable staff, including the manager Angelo, who's been working there for decades. It's the only restaurant on-site that accepts outside guests. You might find yourself sitting next to the owner of a mega-yacht parked just off the coast who arrived via tender tied up out front. During the day, the property has a plethora of nooks in which to escape, from quiet decks tucked under trees or on the water, plus a wild beach, a yoga deck, and an outdoor gym. For spa enthusiasts, book a massage and then spend the afternoon hopping between the saltwater Thalasso pools. Best For: Nature lovers, island hoppers, and anyone who wants Sardinia without the scene
Mint
20-05-2025
- Business
- Mint
Upcoming IPOs: Caliber Mining, Sri Lotus Developers, four others receive SEBI approval to float IPOs
As many as six companies including education loans-focused lender Credila Financial Services, Sri Lotus Developers and Realty, and Euro Pratik have received Sebi's go-ahead to raise funds through initial public offerings (IPOs), an update with the markets regulator showed on Tuesday. Others that received the regulator's approval to float initial share-sales are -- Caliber Mining and Logistics, Jaro Institute of Technology Management and Research, Jesons Industries and Gem Aromatics. Together, these firms aim to raise at least ₹ 3,000 crore. The Securities and Exchange Board of India (Sebi) received preliminary IPO documents from these firms between October 2024 and January 2025, and issued its observations during May 13-16, the update showed. In Sebi's parlance, obtaining the observations means its go-ahead to float the public issue. As for IPO of Credila Financial Services Ltd, formerly known as HDFC Credila Financial Services, the company filed draft papers with Sebi in December through a confidential pre-filing route. Filing the draft papers through this method allows the company to withhold public disclosure of details mentioned in the DRHP. Bollywood stars and renowned investor Ashish Kacholia-backed Sri Lotus Developers is looking to mop up ₹ 792 crore through IPO. The issue is completely a fresh issue of shares with no offer for sale (OFS) component, according to the draft papers. Proceeds from the fresh issue will be used for investment in its subsidiaries Richfeel Real Estate, Dhyan Projects, and Tryksha Real Estate Pvt Ltd, for part-funding the development and construction cost of its ongoing projects, Amalfi, The Arcadian and Varun. Besides, a portion will be used for general corporate purposes. Euro Pratik, a prominent player in the decorative wall panel industry, plans to float a ₹ 730 crore public issue, which is entirely an OFS by promoters. Caliber Mining and Logistics, a Nagpur-based coal mining and logistics provider, plans to mobilise ₹ 600 crore through its initial share-sale. Its IPO is a combination of fresh issue of equity shares worth up to ₹ 500 crore and an OFS of shares aggregating to ₹ 100 crore by the promoters. Proceeds will be utilised by the company towards repayment of debt, funding capital expenditure for purchase of machinery and general corporate purposes. Jaro Institute of Technology IPO Mumbai-based Jaro Institute of Technology Management and Research Limited is planning to raise ₹ 570 crore through an initial public offering (IPO). The Company had filed its IPO papers with Sebi on September 30, 2024. The IPO consists of a fresh issuance of equity shares worth ₹ 170 crore and an offer-for-sale of shares worth ₹ 400 crore by promoter Sanjay Namdeo Salunkhe. Jaro Institute of Technology Management and Research is one of India's leading online higher education and upskilling platform companies, in terms of EBIDTA, EBIDTA Margin, PAT and PAT Margin, Return on Equity ("ROE') and Return on Capital Employed ("ROCE') as of March 31, 2023, according to a Technopak Report. It is a one stop solution for a university looking to offer online, hybrid and in person degree programs and certification courses. Jaro Institute's ₹ 570-crore IPO consists of a fresh issue of shares worth up to ₹ 170 crore and OFS of shares valued at ₹ 400 crore by promoter Sanjay Namdeo Salunkhe. The company plans to utilise funds for marketing, brand building and advertising activities, payment of debt and general corporate purposes. Jesons Industries' IPO comprises a fresh issue of equity shares worth ₹ 300 crore and an offer-for-sale of 94.61 lakh shares by a promoter. Proceeds from the fresh issue will be used for repaying debt, funding capital expenditure, and general corporate purposes. The IPO of Mumbai-based Gem Aromatics, a manufacturer of specialty ingredients, is a mix of fresh issue of equity shares worth up to ₹ 175 crore and an OFS of up to 89.24 lakh shares each by the promoter and an investor. Proceeds from the fresh issue will be used by Gem Aromatics for debt repayment and general corporate purposes. Shares of these seven companies will be listed on the BSE and NSE.
