Cosmic CRF Ltd Share Price

(543928)

Cosmic CRF Ltd was incorporated on December 21 2021 with the RoC at Kolkata. The Company is a manufacturer of cold rolled stainless sections for wagon manufactures and other public sector units. The Company is a qualified and an RDSO approved supplier of cold rolled stainless sections to renowned wagon manufactures such as Titagarh Wagons Limited Hindusthan Engineering Industries Limited Melbrow Engineering Works Private Limited Jindal Rail Infrastructure Limited Allied Construction Engineers Fabricators etc. In addition to this it supplies cold rolled stainless sections to the railways through tender procurement. Presently the Company is engaged in manufacturing of Railway Components Sheet Piles and Structures from its Cold Rolled Forming CRF Unit at Singur Dist. West Bengal. The product portfolio largely consists of cold rolled stainless sections such as fabricated items for railway coach wagons cold rolled formed items for wagons and coaches cold rolled formed items for infra companies and EPC projects and products for roadways and national highway. Further the business model provides customised solutions to manufacturers and also manufacture innovate solution oriented products such as Research and Development division RD Division created new products for proto type wagons such as CRF Section for bogie covered fly cement wagon and bogie open high sided with air breaks axle load wagon to run faster and made specially to be used in the dedicated freight corridor DFC. The Company commenced their business operations effective on September 7 2022. Subsequently the CRF unit located at Ajabnagar Singur Dist. of West Bengal was acquired from Cosmic Ferro Alloys Limited including all its assets and liabilities on a going concern basis through a Business Transfer Agreement on January 19 2022. The purchase included a manufacturing unit in West Bengal spread over an area of approximately 3.8 acres together with plant machineries assets and liabilities. The unit manufactures a range of cold rolled stainless sections such as fabricated items for railway coach wagons cold rolled formed items for wagons and coaches cold rolled formed items for infra companies and EPC projects and products for roadways and national highway. The Company is proposing a Public Offer of issuing upto 1900000 Equity Shares through fresh issue..