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Rasi Electrodes Ltd
NSE: BSE: 531233
₹13.77
(3.57%)
Mon, 21 Sept 2026, 04:10 pm
Market Cap (in Cr)43.74
PE Ratio11.93
Dividend0
Producer Manufacturing
Miscellaneous Manufacturing
24.5KCompany History
1994
- The Company was incorporated as a private limited company on March 8.
- The Company was converted into a public limited company on November 12.
1995
- The Company commenced commercial production of welding electrodes in January.
2005
- Rasi Electrodes commenced trading in new product, CCMS Welding Wires.
- Rasi Electrodes secured an export order worth Rs 7.5 mn from TII, Singapore.
- The Company appointed Mr. B Popatlal Kothari as Chairman and Managing Director.
2006
- The Company recommended a dividend of 5% on the paid-up value of the equity shares.
2007
- The Company issued Bonus Shares in the Ratio of 2:5.
- The Company recommended a dividend of 5% on the paid-up value of the equity shares.
2008
- The Company recommended a dividend of 5% for the year.
2009
- The Company recommended a dividend of Re. 0.40 per Rs 10 equity shares.
2010
- The Company recommended a dividend of Re. 0.50 per equity shares of Rs. 10 each, which is 5%.
2011
- The Company recommended a dividend of Re. 0.50 per equity shares.
2012
- The Company recommended a dividend of Re. 0.50 per equity shares.
2013
- The company recommended a dividend of Re. 0.50 per share, which is 5% on the paid-up value.
2014
- Rasi Electrodes increased the capacity of manufacturing Copper Coated Mild Steel Welding Wire from 1500 mts to 5400 mts in a phased manner.
2015
- Rasi Electrodes Ltd has approved list of BHEL, as supplier for E7018 type electrodes.
- Rasi Electrodes diversifies into development of wire drawing business for various industrial applications.
- Rasi Electrodes Ltd has split its face value of shares from Rs. 10 to Rs. 2.