Comrade Appliances Limited was originally incorporated as Comrade Appliances Private Limited on March 22, 2017 issued by Registrar of Companies, Central Registration Centre. Subsequently, the Company converted to Public Limited Company and the name of Company was changed to Comrade Appliances Limited' vide Fresh Certificate of Incorporation on December 13, 2022 by the Registrar of Companies, Mumbai. The Company is engaged in the process of manufacturing a wide range of Air Coolers and Electric Geysers.
The Company serve under both original equipment manufacturer (OEM) and original design manufacturer (ODM) business models. Under the OEM model, it manufacture and supply products basis designs developed by customers, who then distribute these products under their own brands. Under the ODM ... model,, it conceptualize and design products which are marketed to prospective customers under their brands.
The Company has a manufacturing facility at Palghar in and around Mumbai, Maharashtra. Since then, it has expanded the product portfolio and gained technological expertise in designing and manufacturing of products. Apart from this, it included global sourcing, fabrication of components and parts, captive manufacturing and assembly, quality testing, packaging and logistics support, to partner with leading consumer goods brands in India.
The Company has 4 departments comprising of Production Department, Molding Department, Administration Department and Logistics Department. Consequently, the Company took over the business of M/s. Troupe Technologies Private Limited (TTPL), engaged in the business of plastic injection moulding as a slump sale in year, 2021.
Company launched an Initial Public Offer by a fresh issue of 22,78,000 Equity Shares of face value of Rs 10 each by raising funds from public aggregating to Rs 12 Cr. in June, 2023.
1. Can I buy Comrade Appliances Ltd from PL Capital? ›
Yes, you can invest in Comrade Appliances Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Comrade Appliances Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Comrade Appliances Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Comrade Appliances Ltd pay dividends? ›
Comrade Appliances Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Comrade Appliances Ltd ? ›
As of
06-11-2025 the share price for Comrade Appliances Ltd. is 87.65 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Comrade Appliances Ltd ? ›
The 52-week high and low of Comrade Appliances Ltd share price is ₹ 69 - ₹ 173.95 as of
06-11-2025 .
PL Ringside View
Our fireside chat series where industry experts and top management share valuable insights for our clients
