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Kridhan Infra Ltd.

BSE: 533482 Sector: Metals & Mining
NSE: KRIDHANINF ISIN Code: INE524L01026
BSE 00:00 | 19 Aug 10.83 0.51
(4.94%)
OPEN

10.83

HIGH

10.83

LOW

10.80

NSE 00:00 | 19 Aug 10.80 0.50
(4.85%)
OPEN

10.80

HIGH

10.80

LOW

10.60

OPEN 10.83
PREVIOUS CLOSE 10.32
VOLUME 16777
52-Week high 77.00
52-Week low 8.58
P/E 7.03
Mkt Cap.(Rs cr) 103
Buy Price 10.83
Buy Qty 7813.00
Sell Price 10.83
Sell Qty 7048.00
OPEN 10.83
CLOSE 10.32
VOLUME 16777
52-Week high 77.00
52-Week low 8.58
P/E 7.03
Mkt Cap.(Rs cr) 103
Buy Price 10.83
Buy Qty 7813.00
Sell Price 10.83
Sell Qty 7048.00

Kridhan Infra Ltd. (KRIDHANINF) - Company History

Readymade Steel India Ltd is an ISO 9001:2008 certified steel service provider to the fast growing infrastructure sector. The company is engaged in processing of steel used in the construction industry primarily reinforcement bars into various shapes and sizes like cranked bars, stirrups, verticals, column/ beam cages etc. The company is having their manufacturing facilities located at Khopoli in Maharashtra. Their product offerings include ready to use steel, primarily re-bars to be used in construction activities in various sectors like roads, power plants, ports, airports, housing, bridges, metros, monorails etc. Readymade Steel India Ltd was incorporated on March 21, 2006 as a private limited company with the name Readymade Steel India Pvt Ltd. The company was formed pursuant to a joint venture agreement entered into amongst CSC Holdings Ltd, Krishna Trading Corporation, Triveni Enterprises and Anand Goel. Initially, the company set up their facilities at Bangalore and commenced their test operations in the year 2007. But, they ceased their operations from Bangalore units during the year same year itself. In the year 2008, the company set up a new unit in Khopoli, Maharashtra with an installed capacity of 27000 MTPA In the year 2009, the company entered into a Letter of Intent with Larsen & Toubro Ltd for processing of steel for their Mumbai Monorail Project. In July 21, 2010, the company was converted into a public limited company and the name was changed to Readymade Steel India Limited. Also, they received ISO 9001:2008 certificate during the year. The company proposes to expand their installed capacity at their existing facility at Khopoli from 27000 MTPA to 90000 MTPA. Also, they propose to set-up new facilities at two locations i.e near New Delhi and Raipur with the installed capacity of 50000 MTPA each to expand their reach to customers in and around these locations.