* - Tentative Dates
The objects of the Issue are:
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 32.48 | 98.87 | 5.27 |
| 31-Mar-22 | 35.57 | 118.61 | 2.6 |
| Amount in ₹ Crore | |||
Raj Oil Mills Limited was established in 2018 in Mumbai. This Company is engaged in the business of crushing, refining and oil filtration of various types of oils like coconut oil, groundnut oil, sunflower oil, mustard oil and various other oil products. Currently, the Company is running the oil filtration process plant by buying different types of raw filtered and refined edible oil from the suppliers, do the oil filtration process in-house and cater the final products through its business partners i.e., super stockiest and distributors. At present, crushing and refining plant is not operational.
Raj Oil Mills’ manufacturing facility strategic location enables us to procure key raw oil from the suppliers at cheaper costs. The Company has also installed DG set to augment the power requirements of the aforesaid processing facilities due to avoid any power outages. To ensure that they supply quality products which meets the applicable standards, they have set up quality control facility at its factory, which consists of its quality assurance and quality control teams who check and conduct various tests on the products at various stages starting from the raw oil procured to the finished products manufactured by us.
Their aforementioned products are sold under three umbrella brands viz., ‘Guinea’ ‘Cocoraj’, and ‘Raj’ such as “Tilraj”, “Mustraj” and “Divya Shakti”. These brands are in existence for more than 7 decades.
This Company acquired all intangible property viz. Brands, Trademarks and Copyrights from M/s Raj oil Mills, partnership firm vide various agreement dated December 13, 2007, December 17, 2007, December 20, 2007, December 26, 2007 and December 31, 2007. Thus, following brands, ‘Guinea’, ‘Cocoraj’, and ‘Raj’ became part of this Company.