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Synchro Electricals has marked a new milestone with the successful execution of its first data centre project in collaboration with LK Enersys, delivering a complete power distribution solution designed for critical infrastructure applications.

The project includes a 4000A Main LT Panel, 800 kVAR APFC Panel, 4000A AMF Panel, and 1600A Isolation Panel, providing an integrated power distribution setup for data centre operations.

The panels have been manufactured in compliance with IEC 61439-1/2 standards and Form 3B specifications. The equipment has been engineered to address the requirements of critical data centre infrastructure, where power reliability, safety and operational continuity are key considerations.

Through the project, Synchro Electricals and LK Enersys have collaborated on the delivery of dependable electrical infrastructure for applications where uninterrupted power availability is essential.

The project represents Synchro Electricals’ entry into the data centre segment and adds to its capabilities in delivering low-voltage power distribution solutions for critical infrastructure applications.

Synchro Electricals has marked a new milestone with the successful execution of its first data centre project in collaboration with LK Enersys, delivering a complete power distribution solution designed for critical infrastructure applications.

The project includes a 4000A Main LT Panel, 800 kVAR APFC Panel, 4000A AMF Panel, and 1600A Isolation Panel, providing an integrated power distribution setup for data centre operations.

The panels have been manufactured in compliance with IEC 61439-1/2 standards and Form 3B specifications. The equipment has been engineered to address the requirements of critical data centre infrastructure, where power reliability, safety and operational continuity are key considerations.

Through the project, Synchro Electricals and LK Enersys have collaborated on the delivery of dependable electrical infrastructure for applications where uninterrupted power availability is essential.

The project represents Synchro Electricals’ entry into the data centre segment and adds to its capabilities in delivering low-voltage power distribution solutions for critical infrastructure applications.

Synchro Electricals has marked a new milestone with the successful execution of its first data centre project in collaboration with LK Enersys, delivering a complete power distribution solution designed for critical infrastructure applications.

The project includes a 4000A Main LT Panel, 800 kVAR APFC Panel, 4000A AMF Panel, and 1600A Isolation Panel, providing an integrated power distribution setup for data centre operations.

The panels have been manufactured in compliance with IEC 61439-1/2 standards and Form 3B specifications. The equipment has been engineered to address the requirements of critical data centre infrastructure, where power reliability, safety and operational continuity are key considerations.

Through the project, Synchro Electricals and LK Enersys have collaborated on the delivery of dependable electrical infrastructure for applications where uninterrupted power availability is essential.

The project represents Synchro Electricals’ entry into the data centre segment and adds to its capabilities in delivering low-voltage power distribution solutions for critical infrastructure applications.

Hero Motors has raised ₹299.99 crore from anchor investors ahead of its maiden Initial Public Offering (IPO), which opens for public subscription on September 16, 2026.

The company has allocated 3,57,14,284 equity shares at ₹84 per share to anchor investors. The allocation includes participation from institutions such as ICICI Prudential Life Insurance, 3P India Equity Fund 1M, Edelweiss Life Insurance Company, Societe Generale – ODI and ASAS Global Fund Incorporated VCC Sub Fund.

Among equity-oriented schemes, shares were allocated to ICICI Prudential Smallcap Fund, Kotak Mahindra Trustee A/C Kotak MNC Fund and JM Financial Mutual Fund – JM Flexi Cap Fund, among others. Of the total anchor allocation, 2,91,64,441 shares were allocated to seven domestic mutual funds through 16 schemes.

Hero Motors has fixed the IPO price band at ₹79–₹84 per equity share, with a face value of ₹10 per share. The IPO will open on September 16 and close on September 18, 2026. Investors can bid for a minimum of 178 shares and in multiples thereof.

The fresh issue proceeds will include ₹190 crore for repayment, prepayment or redemption of certain borrowings and ₹200 crore for capital expenditure related to capacity expansion at the company’s Gautam Buddha Nagar facility in Uttar Pradesh. The proceeds will also support inorganic growth initiatives, strategic activities and general corporate purposes.

ICICI Securities, DAM Capital Advisors and JM Financial are the book-running lead managers for the issue, while KFin Technologies is the registrar. The equity shares are proposed to be listed on the NSE and BSE.

Under the IPO’s allocation framework, not more than 50% of the net offer will be available to Qualified Institutional Buyers (QIBs), not less than 15% to Non-Institutional Bidders (NIIs), and not less than 35% to Retail Individual Bidders (RIIs).

Hero Motors has raised ₹299.99 crore from anchor investors ahead of its maiden Initial Public Offering (IPO), which opens for public subscription on September 16, 2026.

The company has allocated 3,57,14,284 equity shares at ₹84 per share to anchor investors. The allocation includes participation from institutions such as ICICI Prudential Life Insurance, 3P India Equity Fund 1M, Edelweiss Life Insurance Company, Societe Generale – ODI and ASAS Global Fund Incorporated VCC Sub Fund.

Among equity-oriented schemes, shares were allocated to ICICI Prudential Smallcap Fund, Kotak Mahindra Trustee A/C Kotak MNC Fund and JM Financial Mutual Fund – JM Flexi Cap Fund, among others. Of the total anchor allocation, 2,91,64,441 shares were allocated to seven domestic mutual funds through 16 schemes.

Hero Motors has fixed the IPO price band at ₹79–₹84 per equity share, with a face value of ₹10 per share. The IPO will open on September 16 and close on September 18, 2026. Investors can bid for a minimum of 178 shares and in multiples thereof.

The fresh issue proceeds will include ₹190 crore for repayment, prepayment or redemption of certain borrowings and ₹200 crore for capital expenditure related to capacity expansion at the company’s Gautam Buddha Nagar facility in Uttar Pradesh. The proceeds will also support inorganic growth initiatives, strategic activities and general corporate purposes.

ICICI Securities, DAM Capital Advisors and JM Financial are the book-running lead managers for the issue, while KFin Technologies is the registrar. The equity shares are proposed to be listed on the NSE and BSE.

Under the IPO’s allocation framework, not more than 50% of the net offer will be available to Qualified Institutional Buyers (QIBs), not less than 15% to Non-Institutional Bidders (NIIs), and not less than 35% to Retail Individual Bidders (RIIs).

Hero Motors has raised ₹299.99 crore from anchor investors ahead of its maiden Initial Public Offering (IPO), which opens for public subscription on September 16, 2026.

The company has allocated 3,57,14,284 equity shares at ₹84 per share to anchor investors. The allocation includes participation from institutions such as ICICI Prudential Life Insurance, 3P India Equity Fund 1M, Edelweiss Life Insurance Company, Societe Generale – ODI and ASAS Global Fund Incorporated VCC Sub Fund.

Among equity-oriented schemes, shares were allocated to ICICI Prudential Smallcap Fund, Kotak Mahindra Trustee A/C Kotak MNC Fund and JM Financial Mutual Fund – JM Flexi Cap Fund, among others. Of the total anchor allocation, 2,91,64,441 shares were allocated to seven domestic mutual funds through 16 schemes.

Hero Motors has fixed the IPO price band at ₹79–₹84 per equity share, with a face value of ₹10 per share. The IPO will open on September 16 and close on September 18, 2026. Investors can bid for a minimum of 178 shares and in multiples thereof.

The fresh issue proceeds will include ₹190 crore for repayment, prepayment or redemption of certain borrowings and ₹200 crore for capital expenditure related to capacity expansion at the company’s Gautam Buddha Nagar facility in Uttar Pradesh. The proceeds will also support inorganic growth initiatives, strategic activities and general corporate purposes.

ICICI Securities, DAM Capital Advisors and JM Financial are the book-running lead managers for the issue, while KFin Technologies is the registrar. The equity shares are proposed to be listed on the NSE and BSE.

Under the IPO’s allocation framework, not more than 50% of the net offer will be available to Qualified Institutional Buyers (QIBs), not less than 15% to Non-Institutional Bidders (NIIs), and not less than 35% to Retail Individual Bidders (RIIs).

EV mobility company Bijliride is scaling its franchise-led expansion across India, with 20 active franchise partners currently operating across its network, with a majority currently concentrated in key adoption hubs like Hyderabad and Pune, and another 20 partnerships nearing closure. The company is targeting a network of 50 franchise partners by the end of Q3, as it expands its presence and builds a more distributed EV mobility ecosystem across the country.

The expansion comes as Bijliride looks to use partnerships as a key route to scale its EV mobility operations across markets. The franchise model enables local partners to establish and operate EV mobility hubs while leveraging Bijliride’s broader ecosystem and operational capabilities. With 20 additional partnerships close to being finalised, the company expects its franchise network to grow significantly in the near term. Moving forward, Phase 2 of this franchise rollout will strategically target the Western and Northern Indian markets to capture the growing regional demand for commercial EV fleets.

Alongside its existing franchise model, Bijliride is also piloting a Master Franchise Model in Rajasthan and Maharashtra. Under this approach, the company is evaluating market-level partnerships that can help accelerate expansion across a larger geography while maintaining operational standards and consistency. The pilot will allow Bijliride to assess the scalability of the model before potentially extending it to other markets.

Shivam Sisodiya, Co-Founder & CEO, Bijliride, said: “Franchising is becoming an important part of our strategy to scale EV mobility across India. Having 20 active franchise partners and another 20 partnerships nearing closure gives us a strong base as we work towards our target of 50 franchises. At the same time, we are experimenting with the Master Franchise Model in Rajasthan and Maharashtra to understand how we can accelerate market-level expansion while maintaining the operational standards that are important to us. We believe a combination of local partnerships and a strong central ecosystem can help us build EV mobility infrastructure at scale.”

The company’s franchise expansion is part of its broader focus on building an accessible and distributed EV ecosystem for delivery riders, gig workers and last-mile mobility users. As Bijliride moves towards its target of 50 franchise partners, it plans to continue evaluating partnership models that can support faster and more efficient expansion across India’s growing EV mobility market.