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Rams Transformers Ltd.

BSE: 517567 Sector: Engineering
NSE: N.A. ISIN Code: N.A.
BSE 05:30 | 01 Jan Rams Transformers Ltd
NSE 05:30 | 01 Jan Rams Transformers Ltd

Rams Transformers Ltd. (RAMSTRANSFORMER) - Company History

Rams Transformers Ltd was incorporated as a Private Limited Company on 30th May, 1989, under the Companies Act, 1956 and converted into a Public Limited Company by passing special resolution in its Extra-ordinary General Meeting held on 1.4.94 and obtained certification from Registrars of Companies 24th April, 1994 with the main object of manufacturing and repairing of transformers. It has set up a plant which commenced commercial production in 1991 at Malannpur, Dist Bhind, M.P. The Company is being managed by Board of Directors comprising of technocrats having experience in electrical industry administration and finance. The Company has completed four years of operation as on 31/03/94 and has been making profits from the very first year of its operations. Till date the Company has been concentrating more on repairing of Transformers and other job works and this has resulted in lower turnover and high profit margins. The Company is already an approved suplier of MPEB, Central Railways, Military Engineering Department, Department of Irrigation, besides others. The Company is enjoying various credit facilities from IDBI and State Bank of India, Gwalior aggregating to Rs.40.00 lacs. During 1995-96, the company has increased the installed capacity of transformers, and further, new set up of Electrical & Electronic Equipment and CRGO Lamination/Transformers Cores plants. During 1998-99, the company has successfully achieve the Central Power Research Institute (CPRI) test for 3.15 KVA New Power Transformers. This helped the company to gain huge orders from MP Electricity Board & other privates parties.