Rashi Peripherals Ltd. Company History and Annual Growth Details

Our Company was incorporated as “Rashi Peripherals Private Limited” as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated March 15, 1989, issued by the Registrar of Companies, Mumbai at Maharashtra. Our Company became a deemed public limited company under Section 43A of the Companies Act, 1956 and the word ‘private’ was deleted with effect from July 1, 1997, pursuant to that our Company once again became a private limited company with effect from October 29, 2001. Subsequently, our Company changed its name and was converted into a public limited company pursuant to a special resolution passed in the annual general meeting of our Shareholders held on July 29, 2022, and consequently, a fresh certificate of incorporation dated August 4, 2022 was issued by the RoC to our Company under its present name, Rashi Peripherals Limited.

Major events and milestones:

2000

Our Company established 9 branches.

2002

Our Company sold more than 1,000,000 units.

2004

Our Company established 30 branches.

2007

Our Company employed more than 500 resources in its workforce across India.

2009

Our Company generated an average revenue of ? 0.99 million per customer.

2011

-Our Company generated a revenue of more than ? 10,000 million in a financial year.

-Our Company sold more than 10 million units.

2016

Our Company generated a revenue of more than ? 30,000 million in a financial year.

2017

Our Company generated an average revenue of ? 5.15 million per customer.

2020

Our Company employed more than 1000 resources in its workforce across India.

2022

-Our Company generated a revenue of more than USD 1 billion in a financial year.

-Our Company sold more than 25 million units.

-Our Company generated an average revenue of ? 9.74 million per customer.