Raw Edge Industrial Solutions Share Price

Raw Edge Industrial Solutions Limited was incorporated as a Private Limited Company with the name 'Shree Saishraddha Industries Private Limited' on February 14, 2005. Thereafter, the name of the Company was changed to 'Raw Edge Industrial Solutions Private Limited' on July 5, 2013. The Company status got converted to Public Limited Company and the name of Company was changed to 'Raw Edge Industrial Solutions Limited ' on March 1, 2018. The Raw Edge is an innovation driven enterprise engaged in delivering fully integrated solutions of Raw Material supplies to large and medium industrial houses. From the production levels of 75 TPD in 2013, currently, the Company is producing hydrated lime powder at 300 TPD keeping the pollution levels at almost zero with the introduction of completely new and technologically advanced Italian machineries. 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. In 2012-13, the Company has introduced Enterprise Resource Planning (ERP) for the first time. 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. 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 1,20,000 MT/per annum located. In addition to existing capacity of 60,000 ton/per annum capacity plant which is to be shifted at the aforesaid new premises will be making total installed capacity of 1,80,000 ton/per annum. The Company came up with an IPO of 22,91,200 equity shares by raising money from public aggregating to Rs 16.49 Crore in July, 2018. The Company began its production facility at the newly constructed unit at Panoli, Gujarat in 2019-20.