* - Tentative Dates
The Company proposes to utilize the Proceeds to:
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-20 | 13.61 | 26.49 | 0.03 |
| 31-Mar-21 | 9.82 | 20.5 | 0.62 |
| Amount in โน Crore | |||
Spray King Agro Equipment Ltd was established in 2005. This company is engaged in manufacturing of Brass Equipment. The company mainly manufactures Brass Agro Equipment and Brass Plumbing Components. Besides this, They can also manufacture Auto and Electrical parts, Fitting Parts, etc made of Brass. This Company is promoted by Pragjibhai Patel and Hitesh Dudhagara; both having an experience of more than one decade in Brass Industry. The Company is also promoted by Ronakben Dudhagara having experience of more than two years in this Industry. Its manufacturing plant is at Jamnagar which is considered as ?Brass City of Indiaโ.
Spary King Agroโs manufacturing process is a recycling process and thus helps in solving environmental problems without using the natural resources. The brass industry throughout the world generally depends on the recycling of brass scrap for its survival. Making brass from new copper and zinc would be uneconomical and wasteful of raw materials so, since new brass articles are made from recycled scrap, brass is said to be sustainable. They use brass scrap as raw material which is imported from USA, UK and other European Countries and convert the scrap into finished goods.