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Rasi Electrodes Ltd.

BSE: 531233 | NSE: | Series: NA | ISIN: INE822D01021 | SECTOR: Electrodes & Graphite

BSE Live

Oct 29, 14:05
2.79 0.20 (7.72%)
Volume
AVERAGE VOLUME
5-Day
5,685
10-Day
4,718
30-Day
7,554
5,238
  • Prev. Close

    2.59

  • Open Price

    2.59

  • Bid Price (Qty.)

    2.70 (100)

  • Offer Price (Qty.)

    2.80 (4)

NSE Live

Dec 27, 11:22
NT* 0.00 (0.00%)
Volume
No Data Available
0
  • Prev. Close

    -

  • Open Price

    -

  • Bid Price (Qty.)

    - (0)

  • Offer Price (Qty.)

    - (0)

Rasi Electrodes is not listed on NSE
Company History - Rasi Electrodes
The Company was incorporated as a private limited company on March 8,
 1994. The Company was converted into a public limited company on
 November 12, 1994. The Company is a small scale unit and registered
 with the District Industries Centre, Guindy, Madras. The registered
 office of
 the Company is situated at Madras and the factory is located at Red
 Hills, about 25 km from the city of Madras. The Company has commenced
 commercial production of welding electrodes in the month of January
 1995. The phase I of the project for a production capacity of 900 tpa
 has been completed and the phase II for expansion of capacity to
 3,300 tpa is under implementation.
 
 PRESENT BUSINESS
 The Company is in the business of manufacturing quality welding
 electrodes and it will be catering to the needs of wide ranging
 industries like Steel, Paper, Cement, Thermal Power, Automobile and
 Fertilisers. The Company commenced commercial production in January,
 1995.
 
 2005
 
 -Rasi Electrodes commences trading in new product, CCMS Welding
 Wires.
 
 -Rasi Electrodes secures export order worth Rs 7.5 mn from TII,
 Singapore.
 
 -The Company appointed Mr. B Popatlal Kothari as Chairman and
 Managing Director.
 
 2006
 
 -The Company recommended a dividend of 5% on the paid-up value of the
 equity shares 
 
 2007
 
 -The Company has issued Bonus Shares in the Ratio of 2:5.
 
 -The Company has recommended a dividend of 5% on the paid-up value of
 the equity shares
 
 2008
 
 -The Company has recommended a dividend @ 5% for the year .
 
 2009
 
 -The Company has recommended a dividend of Re 0.40 (previous year Re
 0.50) per Rs 10 equity shares) 
 
 2010
 
 -The Company has recommended a dividend of Re. 0.50 per equity shares
 of Rs. 10 each (i.e. 5%)
 
 2011
 
 -The Company has recommended a dividend of Re. 0.50 per equity
 shares.
 
 2012
 
 -The Company has recommended a dividend of Re. 0.50 per equity
 shares.
 
 2013
 -The company has recommended dividend of Re. 0.50 ps (i.e. 5% on paid
 up value).
  
 2014
 -Rasi Electrodes today said that the company has increased the
 Capacity of Manufacturing Copper Coated Mild Steel Welding Wire from
 1500 mts to 5400 mts in a phased manner.
 
 2015
 -Rasi Electrodes Ltd has approved list of BHEL, as supplier for E7018
 type electrodes.
 -Rasi Elect diversifies into development of wire drawing business for
 various industrial applications.
 -Rasi Electrodes - Diversification in to development of Wire drawing
 Business
 -Rasi Electrodes Ltd has splits its face values of share from Rs. 10
 to Rs. 2