Rajoo Engineers Ltd Share Price

History of Rajoo Engineers Ltd

Rajoo Engineers Limited(REL) was incorporated in December, 1986 as a private limited Company, and it was converted into a public limited Company in May, 1992. The Company is promoted by C.N. Doshi. Its works is situated in Manavadar and in Shapar - Veraval in Gujarat. REL manufactures and sells Plastic Processing Machineries and Post Extrusion Equipment of various thermoplastic raw materials into compounds such as profiles, pipes, blown films, cables and wire insulation sheathings, flat cast films, sheet extrusion, raffia tapes, monofilaments, co-extruded films, calendering, thermoforming and strapping. It has two units, at Manavader and Rajkot. Commercial production started in 1987. REL went public in Aug.'94 with its maiden issue to expand its capacity from 65 pa to 156 pa. REL ha ...s entered into a technical collaboration with Wiffery machinery, UK, and plans to commence exports to Europe. During the year 2010-11, the Company was merged with three private limited Companies, viz., Hitesh Engineers Pvt. Ltd., Shruti Engineers Pvt. Ltd. and Vishwakarma Fabricators Pvt. Ltd. which became effective from 13th April, 2013. All three private limited Companies were manufacturing flat sheet dies, extruders, fabrication structures, multilayer dies, screen changers, take-off assembly, roll stack assembly, air rings, calibration baskets, and winder assembly used in plastic processing machineries. Hence, as a result of merger, Rajoo produces all such parts & components in-house through manufacturing facilities present in these three private limited companies. Consequent to merger, the Company allotted 2,13,10,000 equity shares Re. 1/- each on 28th May, 2013. The Company and its JV partner Bausano and Figli, Italy organized the India's first ever multi product open house for three different products - Twin screw cPVC pipe plant, Twin screw PVC pipe plant with 1000kg/hr output and Drip Irrigation pipe plant at Rajkot in 2013. The Company launched world's highest output TQPP downward extrusion blown film line; developed and exported Asia's first resin sack blown film line; manufactured Asia's first three layer wide width blown film line; displayed Asia's first seven layer blown film line on the Plastindia platform; launched India's first XPS foam extrusion line and vacuum forming machine and launched extrusion line for PP spun bond nonwoven fabrics in 2014. In 2019-20, Company launched MASCON - Automatic N-95 Mask Making Machine to produce various types of Masks like N 95 (with valve & without valve). In 2022, it launched LAMEX-R series of extrusion coating and lamination lines for the raffia industry. In 2023, it launched 'LAMINA- è'-India's First Mono & Multi-Layer EVA/POE Sheet Line for producing encapsulant sheets for solar cells. In 2024, the Company has launched India's first Nonafoil- Nine-layer blown film extrusion plant at Plastfocus-2024, with a remarkable 350 kg/hr output. In FY 2025, Company launched business expansion project for India's first-of-its-kind manufacturing park at Rajkot on February 5, 2025. The Rajkot Plant was ramped up by increasing the production capacity from 4 to 12 machines at a time.