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Company Information

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ARHAM TECHNOLOGIES LTD.

22 November 2024 | 03:13

Industry >> Consumer Electronics

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ISIN No INE0L2Y01011 BSE Code / NSE Code / Book Value (Rs.) 19.13 Face Value 10.00
Bookclosure 30/09/2024 52Week High 188 EPS 2.88 P/E 50.68
Market Cap. 247.03 Cr. 52Week Low 79 P/BV / Div Yield (%) 7.63 / 0.00 Market Lot 1,000.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Our Company was originally incorporated as `Arham Techonologies Private Limited' on December 27, 2013 under the provision of the Companies Act, 1956 bearing Corporate Identification Number U52335CT2013PTC001207 issued by Registrar of Companies - Chhattisgarh. Subsequently, name of our company changed to `Arham Technologies Private Limited' vide fresh Certificate of Incorporation dated February 27, 2014 bearing Corporate Identification Number U52335CT2013PTC001207 issued by Registrar of Companies - Chhattisgarh. Subsequently, our company was converted into Public Limited Company under the Companies Act, 2013 and the name of our Company was changed to "Arham Technologies Limited" vide a fresh Certificate of Incorporation consequent upon conversion from Private Company to Public Company dated January 11, 2022 bearing Corporate Identification Number U52335CT2013PLC001207 issued by Registrar of Companies - Chhattisgarh.

The business journey was started by Mr. Roshan Jain by forming a Proprietorship Firm in the name of `Arham Enterprises' in the year 1992 to carry on business in trading of Consumer Electronics.

In the year 2008, we had initially launched Television under our brand STARSHINE which was manufactured through third parties. In the year 2012, we had a strategic partnership with CROWN TV, which gave us a boost in our sales volume, as CROWN is a renowned brand since 1972, which still has a great brand pull in rural India. We partnered with them as a brand licensee for the State of Chhattisgarh, now we are also approved manufacturer for CROWN TV for their brand licensees across India.

Later, in the year 2013, Arham Technologies Private Limited was incorporated by Mr. Roshan Jain and his sons Mr. Ankit Jain & Mr. Anekant Jain with a motive to carry all the existing business activities of Arham Enterprise in the name of Company and started manufacturing of LED Televisions. Before incorporation of our company, we were engaged in manufacturing of CRT TV and LCD TV. In the year 2015, our company diversified its business by adding Ceiling Fans under the same brand.

In the year 2017, our Company acquired land of 1.035 acres in Electronic Manufacturing Cluster, Raipur, Chhattisgarh from Chhattisgarh State Industrial Development Corporation Limited (CSIDCL) on lease basis for 99 years to set up manufacturing unit of Electronics Products. In the year 2019, Arham Technologies Limited started its own manufacturing activity of LED Televisions and since then, there was no looking back for the company, as it grew its production day by day and is capturing the market city by city.

In the 2021, we had launched Air Cooler, Washing Machine and Mixer Grinder under our brand STARSHINE, which added our product range. We are getting Fans, Air Coolers and Mixer Grinders white labelled through third party manufacturers in India. We plan to add other products in our portfolio by way of white labelling, to be part of bigger portfolio of products and make a good impression to dealers and distributors. Adding on to the advantage, company do not need to search for new markets as all the existing dealers and distributors already deal in Televisions, Fans and other household appliances.

MAJOR EVENTS AND MILESTONES:

2013
-Incorporation of our Company
-Started manufacturing of LED Televisions

2015
Started manufacturing of Ceiling Fans

2017
Acquired land in Electronic Manufacturing Cluster, Raipur, Chhattisgarh from CSIDCL on lease basis for setting up manufacturing unit of Electronics Products

2019
Started its own manufacturing unit of LED Television

2020
Crossed turnover of ? 10.00 crores

2021
Started manufacturing of Air Cooler, Washing Machine and Mixer Grinder