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Radha Madhav Corporation Ltd.

BSE: 532692 | NSE: RMCL | Series: NA | ISIN: INE172H01014 | SECTOR: Packaging - Packaging Materials

BSE Live

Dec 21, 16:01
1.92 -0.03 (-1.54%)
Volume
No Data Available
0
  • Prev. Close

    1.95

  • Open Price

    2.03

  • Bid Price (Qty.)

    1.95 (4999)

  • Offer Price (Qty.)

    1.99 (230)

Radha Madhav Corporation is not traded on BSE in the last 30 days

NSE Live

Dec 21, 15:55
2.00 0.00 (0.00%)
Volume
No Data Available
0
  • Prev. Close

    2.00

  • Open Price

    2.00

  • Bid Price (Qty.)

    2.00 (50000)

  • Offer Price (Qty.)

    0.00 (0)

Radha Madhav Corporation is not traded on NSE in the last 30 days
Company History - Radha Madhav Corporation
The Company has been incorporated on 7th January 2005; with one of the
 objectives, of acquiring the entire existing running and profit making
 business of three partnership firms namely Metro Poly Prints, Radha
 Madhav Industries and Mayura Industries. All the partners of 
 these three firms are also subscribers to the Memorandum and Articles
 of Association of our Company. Further, except Mrs. Sulochanadevi 
 Agrawal, all the partners of the firms are directors of our Company.
 The promoters of our Company are Mr. Anil J. Agrawal, Mr. Mitesh
 Agrawal and Mr. Abhishek Agrawal.
 
 The Company obtained Certificate of Commencement of Business on 24th
 January 2005 and to initiate the acquisition process of three
 partnership firms, which were involved in manufacturing of synergetic
 and alternative products for packaging, but as separate entities; on 
 1st of February 2005, our Company entered into partnership with the
 said three firms as a partner for 10% in Profit & Loss along with the
 existing partners i.e. Mr. Mitesh Agrawal (60% share in Profit & Loss)
 and Mr. Kanubhai Patel (30% share in Profit & Loss) in Metro Poly
 Prints; 
 Mr. Anil J. Agrawal (45% share in Profit & Loss) and Mrs.
 Sulochanadevi Agrawal (45% share in Profit & Loss) in Radha Madhav
 Industries and Mr. Anil J. Agrawal (45% share in Profit & Loss) and
 Mr. Abhishek Agrawal (45% share in Profit & Loss) in Mayura
 Industries.
 
 On 5th March 2005, all other partners of the said partnership firms,
 except our Company, retired and our Company took over all the assets
 & liabilities at a book value aggregating to Rs. 710.07 Lacs and
 became sole owner of all the firms namely Metro Poly Prints, Radha
 Madhav Industries and Mayura Industries, which were renamed as Unit
 I, Unit II and 
 Unit III respectively.
 
 To substantiate the above acquisition, a business valuation of
 erstwhile partnership firms as on date of dissolution i.e. 5th March
 2005 was carried out by Khimji Kunverji & Co., Chartered Accountants
 vide their Valuation Memorandum dated 7th July 2005. As per the said
 Valuation Memorandum, the intrinsic value of the business of Mayura
 Industries is Rs.1162.60 Lacs; 
 Metro Poly Prints is Rs. 195.48 lacs and Radha Madhav Industries is
 Rs. 190.15 Lacs giving a total value of Rs. 1548.23 Lacs of all the
 business of the firms taken together, against the acquisition cost of
 Rs. 710.07 Lacs, which in turn has resulted into an intrinsic benefit
 of 
 Rs. 838.16 Lacs to our Company.
 
 2005
 
 -The company entered into capital market.
 
 2006
 
 -The company got order from Karnataka Milk Federation (KMF).
 
 -Radha Madhav Corp Ltd plans to acquire a company in the food and
 beverages packing segment in China.
 
 
 2007 
 
 - Radha Madhav Corporation Ltd has appointed Mr. Serge A Lapointe as
 an Additional Director of the Company.
 
 2008
 
 -Radha Madhav Corporation Ltd has appointed Mr. Abhishek Agarwal has
 been appointed as a Joint Managing Director of the Company.
 
 2012
 
 -Mr. Subhash Agrawal is appointed as a Additional Director of the
 Company .
 
 2013
 -Radha Madhav Corporation Ltd has informed Issue of 31820000 shares
 on Preferential Basis.

2. Issue of 40,00,000 Warrants on Preferential Basis. 2014 -Commencement of www.rmcluniverse.com The FMCG and lifestyle Portal. 2015 -RMCL announces opening of 25 new Distribution Points cum Shoppies on Auspicious Occasion of Buddha Purnima . -Radha Madhav Corporation Ltd opening of 10 new exclusive distribution Outlets in Surat District on the auspicious occasion of Eid.