Ratnaveer Precision Engineering Ltd. Company History and Annual Growth Details

The Company was incorporated under the provisions of the Companies Act, 1956 as “Ratnaveer Stainless Products Private Limited” on February 20, 2002, as a private limited company vide Certificate of Incorporation issued by Registrar of Companies, Dadra & Nagar Haveli, Gujarat. Subsequently the name of the Company was changed to “Ratnaveer Metals Private Limited” vide Special Resolution passed by the shareholders of the Company at their Extra-Ordinary General Meeting held on May 28, 2018, and a fresh Certificate of Incorporation was granted by the Registrar of Companies on May 30, 2018. Pursuant to the conversion of the Company into a public limited company and the name was changed to “Ratnaveer Metals Limited” vide Special Resolution passed by the shareholders of the Company at the Annual General Meeting held on September 27, 2018 and a fresh Certificate of Incorporation dated October 11, 2018 was issued by the Registrar of Companies. Further, the name of the Company was changed to ‘Ratnaveer Precision Engineering Limited’ vide Special Resolution passed by the shareholders of the Company at their Extra-Ordinary General Meeting held on October 12, 2022, and a fresh Certificate of Incorporation was granted by the Registrar of Companies on November 01, 2022. The Corporate Identity Number of the Company is U27108GJ2002PLC040488.

Key events and milestones :

2002
- Incorporation of the Company and started the production for SS washers from
Unit-I

2009
- Commenced operations from the melting unit (Unit-III) at Waghodia, Vadodara

2010-11
- Commencement of production of finishing line sheets at Unit I

2013
- Crossed annual turnover of Rs. 200 Crores

2016
- Unit-II taken on sub-lease basis for production of SS Tubes and Pipes

2017-18
- Started production for SS tubes & pipes at Unit-II

2021
- Crossed turnover of Rs. 350 Crores

-Company name changed to Ratnaveer Metals Ltd. from Ratnaveer Stainless Products Pvt.Ltd..

-Company name changed to Ratnaveer Precision Engineering Ltd. from Ratnaveer Metals Ltd..