Ram Ratna Wires Limited was incorporated as a Public Limited Company in July, 1992. The Company is a leading manufacturer of winding wires, mainly enamelled copper wires. It has manufacturing facilities at Silvassa and Dadra and Nagar Haveli (Union Territory). Promoted by Rameswarlal J Kabra and Others, it implemented a project to manufacture super enamelled copper winding wires and submersible copper wires.
The company came out with a public issue in Nov.'94 to set up a plant to manufacture 2890 tpa of super-enamelled copper wires and 30,000 kmpa of submersible wires by installing 15 wire-drawing machines, 9 enamelling machines and a suitable configuration of other equipment. The process technology for setting up the project is indigenous.
In 2000, the company has been awarded ISO 9002 certificate by Underwriters Laboratories Inc., USA.
In 2003, Company expanded the operation by installing two imported enamelling machines and one wire drawing machine. In 2005, the production from horizontal enamelling machine imported commenced their operations. The Company installed one more horizontal enamelling machine with inline wire drawing. The production from this machine also commenced business activities. To support the increased production capacity, it further acquired two wire drawing machines which commissioned during 2004-05.
In 2016, it established a new manufacturing facility at Silvassa. During the year 2017-18, the Company acquired 6,46,134 Equity Shares cons ...tituting 60% of paid up share capital in Global Copper Private Limited (GCPL).
During the year 2020-21, Company incorporated a new subsidiary company named, Epavo Electricals Private Limited, effective on 26 August, 2020 through a Joint Venture agreement entered into with Ennov Techno Tools Private Limited in the sharing pattern of 74:26. The Company held 74% of the total paid up share capital of Epavo Electricals Private Limited and the remaining 26% was held by Ennov Techno Tools Private Limited. The Company set up new manufacturing facility / plant at Salarpur at Distt - Alwar, Rajasthan in March, 2023. Global Copper Private Limited, a material subsidiary company got merged with the Company through Scheme of Amalgamation effective 1st April, 2023.
In FY 2024-25, Company acquired 60% equity stake in Tefabo Product Private Limited, making Tefabo a subsidiary of the Company.
Global Copper Private Limited, a a material subsidiary company got merged with the Company via Scheme of Amalgamation on April 1, 2024.
FAQs on Ram Ratna Wires Ltd
1. Can I buy Ram Ratna Wires Ltd from PL Capital? ›
Yes, you can invest in Ram Ratna Wires Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Ram Ratna Wires 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 Ram Ratna Wires Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Ram Ratna Wires Ltd pay dividends? ›
Yes, Ram Ratna Wires Ltd has a consistent history of rewarding its shareholders through dividend payouts. Dividend frequency and amounts vary depending on the company’s financial performance and board approvals. Investors holding Ram Ratna Wires Ltd shares on the record date announced by the company are eligible to receive dividends directly into their bank accounts linked with their Demat holdings.
3. What is the current share price of Ram Ratna Wires Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Ram Ratna Wires Ltd. is ₹ 296.25 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Ram Ratna Wires Ltd ? ›
The 52-week high and low of Ram Ratna Wires Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
