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Raw Edge Industrial Solutions Ltd.

BSE: 541634 Sector: Others
NSE: N.A. ISIN Code: INE960Z01014
BSE 00:00 | 21 Jan 33.15 -1.70
(-4.88%)
OPEN

33.15

HIGH

33.15

LOW

33.15

NSE 05:30 | 01 Jan Raw Edge Industrial Solutions Ltd
OPEN 33.15
PREVIOUS CLOSE 34.85
VOLUME 13
52-Week high 55.83
52-Week low 21.05
P/E
Mkt Cap.(Rs cr) 33
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 33.15
CLOSE 34.85
VOLUME 13
52-Week high 55.83
52-Week low 21.05
P/E
Mkt Cap.(Rs cr) 33
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Raw Edge Industrial Solutions Ltd. (RAWEDGEINDUST) - Company History

Raw Edge Industrial Solutions Limited was incorporated as a private limited company with the name 'Shree Saishraddha Industries Private Limited' on February 14 2005. The registered office of the company was shifted from the state of Gujarat to the state of Maharashtra on March 7 2013. Name of the company was changed to 'Raw Edge Industrial Solutions Private Limited' on July 5 2013. Consequent upon the conversion of the company to public limited company the name of the company was changed to 'Raw Edge Industrial Solutions Limited ' on March 1 2018.The Raw Edge business model finds its origin in organizing the inefficiencies of the industrial raw materials supplies. The idea of organizing the unorganized industrial raw material sector was conceived by its promoter Directors. Whereas the supply of industrial raw materials involves research & development exploration mining processing logistics and IT enabling; these promoters foresaw the inefficiencies in the unorganized industrial raw materials sector. In the Financial year 2006-07 the core promoter directors foreseen the potential use of Lime products and its demand as a results the company initially started trading in Lime Fines Limestone Ferrous Sulphate Quartzite Dolomite. Later on In the year 2009-10 company setup its first Calcium Lime crushing plant at Plot no. 5804 Road No. 58 GIDC Sachin Surat by taking premises on lease basis. To provide timely supply of finished goods to their valuable customers the company has started networking with Truck Owners. More than 1000 Truck Owners (approximately) are associated with the company. Further the company is planning to install GPS system in all the vehicles associated with the company for having better tracking of the same and providing value added service of Vehicle tracking to their customers. This has helped the company to maintain delivery schedule of their goods to customers as well as it has increased efficiency and revenue from operations. In the year 2012-13 to increase the accuracy efficiency and economy in operations of the company has introduced Enterprise Resource Planning (ERP) for the first time in the company. In the year 2013-14 company had taken Industrial Plot admeasuring an area of 1785.95 Square Meter situated at Block No. 238 Plot No.3 near Garden POY Plant Jolwa Taluka: Palsana District Suart on lease hold basis for a period of 9 years. In this Industrial plot company shifted all its existing Plants and Machineries from Plot no. 5804 Road No. 58 GIDC Sachin Surat and commenced the production of Lime processing and enhanced its manufacturing capacity to 60000 MT/Annum of Lime processing. In addition to this company has also continued the trading of other minerals such as Lime Powder Lime Stones Dolomite Quartzite Calcined Magnesites Quick Lime Asetic Acid Benzene Butaone Caustic Ethyle Acelate Ethylene Glycole Hydrogen Paroxide Menthol Potasium Carbonate Toulene. At present the company is into the manufacturing and trading of calcium Lime products and trading into various minerals such as Hydrated Lime Lime Stones Chips Dolomite Quartzite Plaster of Paris. Though their customers are spreaded over 10 states but major supply of its products are concentrated in the state of Gujarat and Rajasthan. In February 2018 the company has entered into agreement for sale for acquiring agriculture land of Rs. 50.21 Lakhs admeasuring area of 18075 Square Meters at Block No. 186 Village Nana Borsara District Surat Sub District - Mangrol/Panoli from Mr. Jayesh Rameshchandra Patel ('Seller') for setting up manufacturing unit of crushed Quick Lime and Hydrated Lime with an installed capacity of 120000 MT/per annum located. In addition to existing capacity of 60000 ton/per annum capacity plant which is to be shifted at the aforesaid new premises will be making total installed capacity of 180000 ton/per annum.

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