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Company Information

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RATHI BARS LTD.

28 October 2024 | 04:01

Industry >> Steel - Bright Bars

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ISIN No INE575I01016 BSE Code / NSE Code 532918 / RATHIBAR Book Value (Rs.) 57.52 Face Value 10.00
Bookclosure 04/08/2023 52Week High 60 EPS 2.19 P/E 20.97
Market Cap. 74.84 Cr. 52Week Low 24 P/BV / Div Yield (%) 0.80 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
RATHI BARS LIMITED (RBL) was incorporated on 10th Day of August 1993 under the Companies Act, 1956 and received the Certificate for Commencement of Business on 18thDay of March 1994. The Company is mainly promoted by the K.K.Rathi Group which is a part of the larger Rathi Group. Shri K.K.Rathi is the one of the six sons of Late Shri Gordhan Das Rathi who was the son of Late Shri Chog Mal Rathi who founded the Rathi Group. The company was established for setting up steel rolling mill at RIICO Industrial Area,Khuskhera, Bhiwadi, District. Alwar, Rajasthan. RBL is one of the established steel companies in Northern India producing quality Steel under the brand name RATHI and RATHIr Therme It has been able to carve out a distinct image for itself in the steel market due to the high quality of product that it has maintained ever since production of steel bars was started Very strict quality control measures are observed from the very beginning of the production process. The steel rolling industry is an important segment of steel industry and plays a vital role in supply different products like bars, rods and structural items required for various sectors especially housing and industry, re-enforcing concrete work for housing, construction of Dams, Bridges etc. The company is engaged in the manufacture of reinforcement steel bars (Cold Twisted Deformed Bars) under the brand name RATHI & RATHIr THERMEX Key Events and Milestones DATE KEY EVENTS, MILESTONES AND ACHIEVEMENTS 10.08.1993 Incorporated under the Companies Act, 1956 18.03.1994 Certificate for Commencement of Business 27.07.1996 Commercial Production started 02.03.1998 Entered into an agreement with M/s Rathi Research Centre for the use of the registered RATHI trademark under No. 367635. 18.06.1998 Received the Licence of (Bureau of Indian Standards) BIS 1786:1985 Certification to use ISI Mark. 28.06.2000 Entered into an agreement with H&K Rolling Mill Engineers Privat Limited for use of Thermex Technology patented by M/s Henningsdorfer Stahl Engineering GmbH Germany for production of the goods. 21.09.2002 Received the Certificate from H&K Rolling Mill Engineers Private Limited for use of Thermex Technology patented by M/s Henningsdorfer Stahl Engineering GmbH, Germany for production of the goods. 25.02.2003 Entered into an agreement with H&K Rolling Mill Engineers Private Limited (the Proprietor) for use of Thermex Trademark 20.09.2004 Received the Certificate of recognition of Organization's Quality System which complies with ISO 9001:2000 awarded by M/s United Registrar of Systems Limited. 29.03.2005 Received the Certificate of Importer Exporter Code (IEC No.0504089846) 01.10.2005 Entered into an agreement with M/s TORSTEEL RESEARCH FOUNDATION in India in relation to use the trademark TOR registered in India under No. 148618.