Latest news with #GauravGoyal
Mint
27-05-2025
- Business
- Mint
Prostarm Info Systems IPO day 1 Live: GMP, review, subscription status, other details. Apply or not?
Prostarm Info Systems IPO: The initial public offering (IPO) of Prostarm Info Systems Limited hit the Indian primary market today. The public issue will remain open until 29 May 2025. Prostarm Info Systems IPO will remain open from Tuesday to Thursday this week. The company has fixed the Prostarm Info Systems IPO price band at ₹ 95 to ₹ 105 per equity share. The public issue aims to raise ₹ 168 crore by issuing fresh shares, which is proposed for listing on the BSE and the NSE. Ahead of the Prostarm Info Systems IPO subscription opening, shares of the company are trading at par in the grey market today. According to stock market observers, company shares are trading at par in the grey market today. 1] Prostarm Info Systems IPO GMP today: Market observers say the company's shares are trading at par in the grey market today. 2] Prostarm Info Systems IPO price: The company has fixed Prostarm Info Systems IPO price band at ₹ 95 to ₹ 105 per equity share. 3] Prostarm Info Systems IPO date: The IPO will remain open from Tuesday to Thursday. 4] Prostarm Info Systems IPO size: The public issue aims to raise ₹ 168 crore by issuing fresh shares. 5] Prostarm Info Systems IPO lot size: A bidder can apply in lots, and one lot of the book build issue comprises 142 company shares. 6] Prostarm Info Systems IPO allotment date: The most likely date for finalising share allocation is 30 May 2025. 7] Prostarm Info Systems IPO registrar: KFin Technologies Limited has been appointed official registrar of the public issue. 8] Prostarm Info Systems IPO investment limit: A retail investor can apply for a minimum of one lot and a maximum of 13 lots. This means the minimum amount required to apply for the book build issue is ₹ 14,910 ( ₹ 105 x 142), and the maximum investment allowed for a retail investor is ₹ 1,93,830 [( ₹ 105 x 142) x 13]. 9] Prostarm Info Systems IPO listing date: The public issue is proposed for listing on the BSE and the NSE, and the most likely date for share listing is 3 June 2025. 10] Prostarm Info Systems IPO review: On whether the public issue is good or bad for primary market investors, Gaurav Goel, Founder and director at Fynocrat Technologies, said, "Prostarm Info Systems is focusing on a fast-growing area like providing reliable power, storing energy, and supporting clean, green energy solutions. Backed by a diversified customer base, proven financials, and expansion-ready infrastructure, the company appears well-positioned to benefit from rising energy needs in industrial and mission-critical sectors." Gaurav Goyal said, assigning a 'subscribe' tag to the book build issue, "Investors looking for steady, long-term exposure to India's growing power infrastructure ecosystem may consider applying to the IPO based on the company's sound fundamentals and growth potential. However, investors with short-term expectations should note that market sentiment appears neutral, and listing-day performance could depend on broader market conditions. Also, compared to its listed peers trading at higher valuations, Prostarm's IPO is priced more reasonably at a P/E of around 21, which makes it relatively attractive for value-conscious investors." Bajaj Broking has also assigned a 'subscribe' tag to the public issue, saying, "Over the years, it has leveraged expertise, processes and infrastructure to cater to diverse end-use industries such as healthcare, aviation, research, BFSI, railways, defence, security, education, renewable energy, information technology and oil & gas. As of date, PISL is an empanelled vendor for the Airports Authority of India, West Bengal Public Health Engineering Department; West Bengal Electronic Industry Development Corporation Limited; Telangana State Technology Services Limited; Railtel Corporation of India Limited; and NTPC Vidyut Vyapar and Nigam Limited. The company markets its products under its brand, 'Prostarm.' Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
19-05-2025
- Business
- Business Standard
Gopal's 56 Opens Master Franchise Doors: A Rare Business Opportunity to Lead a Statewide F & B Revolution
VMPL New Delhi [India], May 19: Gopal's 56, the iconic Indian brand known for its Ayurvedic, vegan, and zero-sugar frozen desserts, has announced a major expansion move by offering Master Franchise rights for one full Indian state--a strategic step that marks a significant milestone in the brand's nationwide growth journey. With a 40-year legacy of innovation and trust, Gopal's 56 is inviting seasoned entrepreneurs, hospitality investors, and food retail operators to partner and lead the brand's presence in new regions. "This is not just a franchise--it's an invitation to become a change-maker in the food and wellness space," said Dr. Gaurav Goyal, MD & CEO of Gopal's 56. "We're offering exclusive rights, deep operational support, and a chance to scale with a globally recognized Indian brand." A Brand with Global Recognition From humble beginnings in Delhi to international success in California and Ontario, Gopal's 56 has carved a niche with: Fiber-infused, zero-calorie ice creams Probiotic shakes Vegan Ayurvedic blends like Charanamrit, Tom & Jerry, and Love Potion The brand was recently featured on Shark Tank India with a Rs300 crore pitch--the highest ask in the show's history--and has earned praise from the UK Parliament and UAE wellness forums for redefining indulgence. Master Franchise Rights: What's on Offer? The Master Franchise opportunity gives the partner: Exclusive rights to develop the brand across an entire state Control over outlet development, sub-franchising, and state-level branding Full support in training, R & D, supply chain, marketing, and operations Investment & Expectations Required Investment: Rs1.5 to Rs2.5 Crores (based on state potential) Ideal Partner Profile: Regional players in food retail, established entrepreneurs, or business houses with a focus on quality and scalability The Call for Visionary Partners "We are seeking a partner, not just an investor. Someone who shares our passion for food innovation, tradition, and wellness," adds Dr. Goyal. With increasing consumer demand for functional and guilt-free indulgences, this opportunity comes at a time when the Indian F & B sector is poised for a health-centric transformation. Contact Details for Franchise Interest Email: gauravgoyal@ Phone: +91 82875 39577 Website: A once-in-a-decade opportunity is here.
Time of India
22-04-2025
- Business
- Time of India
Broker duped of 2.36L in ayurvedic franchise scam
Surat: An Adajan-based broker was allegedly cheated out of Rs 2.36 lakh by fraudsters who posed as representatives of an ayurvedic medicine company and offered him a franchise. The victim, Chetan Bhatiya , saw a Facebook advertisement for a franchise opportunity with Vindhyachal Ayurved and expressed interest in the rights for Surat district. Bhopal-based Gaurav Goyal has been named as the owner of the firm. Bhatiya, a broker operating in the Palanpur area, contacted the number provided in the ad and was approached by people claiming to be company employees — Nitya Pandey, Siddhi Thakur, Darshini Tyagi, Khushbu Tiwari and Payal. They lured him with various schemes and promised him that he would be awarded the franchise. Between Aug and Sep 2024, Bhatiya transferred Rs 2.36 lakh in multiple transactions to HDFC and SBI bank accounts shared by the accused. The promised products were never delivered. When Bhatiya objected, the accused continued to pitch new incentives, including promises that the company would pay his shop rent. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like People Aged 50-85 With No Life Insurance Could Get This Reassured Get Quote Undo Bhatiya then stopped sending money and demanded a refund. When the accused failed to comply, he called the national cybercrime helpline (1930) and filed a complaint. Adajan police registered an FIR on April 21, booking Gaurav Goyal along with the holders of certain accounts in HDFC and SBI under the Bharatiya Nyaya Sanhita (BNS) and the Information Technology Act.
