explain

About the Company

The Company was incorporated as a private limited company namely ‘Rajnandini Metal Private Limited’ under the Companies Act, 1956 vide certificate of incorporation dated March 18, 2010 issued by Registrar of Companies, NCT of Delhi and Haryana bearing registration no 040255. Further, the Company was converted into a Public Limited Company in pursuance of a special resolution passed by the members of the Company at the Extra Ordinary General Meeting held on March 01, 2018. A fresh Certificate of Incorporation consequent to conversion was issued on March 14, 2018 by the Registrar of Companies, NCT of Delhi and Haryana and consequently the name of the Company was changed from ‘Rajnandini Metal Private Limited’ to ‘Rajnandini Metal Limited’.

It operates as an important intermediary in the Metals Supply Chain whereby it purchase materials such as Annealed/Un-Annealed Copper Wires, Copper Wires, Brass Scrap, Aluminium ingot, Zinc ingot etc. from various suppliers and supply the same to customers in the Metal Business. Company’s business model is based on B2B model wherein the Company sells the scrap to the business enterprises who further transform the scrap in to finished product as per their requirements.

Business area of the company

Rajnandini Metal is in business of trading of scrap of all types of ferrous and Nonferrous Metals such as Copper Wires, ingot scrap, and other related items used in various electrical and industrial applications. It works as a crucial business interface, networking between manufacturers / processors / yards and consumers / traders across the country. It pursues business based on quality contacts, information and service.

Major events and milestones

  • 2010: Company Founded By Het Ram and Mohan Sharma on March 18, 2010.
  • 2012: Company’s Turnover crossed Rs 50.00 crores.
  • 2013: Company imported aluminum scrap, copper aluminum alloy ingots - LM 24, birch cliff, honey brass from Africa.
  • 2014: Company achieved the target of turnover above Rs 100.00 crores.
  • 2016: Company imported Aluminum Scrap Talk from Malaysia and Saudi Arabia.
  • 2016: Company imported Aluminum Scrap Taint/Tabor from TAIWAN.
  • 2018: Company converted into Public limited i.e from “Rajnandini Metal Private Limited” to “Rajnandini Metal Limited”.
Parent OrganisationRajnandini Metal Ltd.Managing DirectorHet Ram
Founded2010NSE SymbolRAJMET