Quality RO Industries Share Price

Quality RO Industries Limited was incorporated on September 30, 2021 as Quality RO Industries Private Limited. Subsequently, the Company had acquired the entire running business of M/s Quality RO Products, sole proprietorship concern of its Promoter Mr. Vivek Dholiya via Business Transfer Agreement dated November 02, 2021. Thereafter, the Company got converted into Public Limited and its name was changed to Quality RO Industries Limited and a fresh Certificate of Incorporation dated December 13, 2021 was issued by the Registrar of Companies, Ahmedabad. The Company is engaged in the business of supplying of various water treatment products as well as logistics services. As a supplier, the Company engages in contract manufacturing for water treatment industry. In addition, it is providing logistics services to a few local infrastructure companies. The Companys factory in Vadodara, Gujarat is well equipped with computer systems, internet connection, other communication equipment and other facilities. Secondly, the Company is involved in die casting. The moulds, called dies, are made from nonferrous metals such as zinc and aluminium. As a trader, company is a reseller of RO equipment and spares where it purchases these items from wholesalers and resell into smallersized businesses.At present, the company is in the process of installing Solar Power Project with approx. 1450 kwh Capacity.In February 2022, the Company raised money from public through IPO by issuing 5,30,000 Equity Shares aggregating to Rs 2.70 Crore.