GREENCHEF APPLIANCES Share price

The Company was originally incorporated as “Greenchef Appliances Limited” under the provisions of the Companies Act 1956 vide Certificate of Incorporation dated June 18 2010 bearing registration No. 054118 issued by Registrar of Companies Karnataka and CIN No. U29300KA2010PLC054118. Sukhlal Jain Uttam Chand Jain Badrilal Jain Vinod Kumar Jain Vikas Kumar Sukhlal Jain Praveen Kumar Sukhlal Jain and Vishal Uttamchand Jain were the initial subscribers to the Memorandum of Association of the Company. As on the date of this Red Herring Prospectus Sukhlal Jain Hitesh Kumar Jain Vikas Kumar Sukhlal Jain Praveen Kumar Sukhlal Jain and Vikas Kumar HUF are the Promoters of the Company.Major events and milestones of the Company:2010- Incorporation of the Company as “Greenchef Appliances Limited” under the provisions of the Companies Act 1956.2013- Commenced trading in kitchen appliances2015- Commenced manufacturing of Kitchen Appliances at the Factory Unit 1 situated at Peenya Industrial Area2018- Commenced manufacturing of Gas stoves at the Factory situated at Parwanoo Himachal Pradesh2019- Started Online marketing through e-commerce platforms2017-18- Crossed Turnover of Rs. 125 Crore.2018-19- Crossed Turnover of Rs. 250 Crore.2019-20- Received Award for Fastest Growing Brands in FY 19-20 for category Home and Kitchen Appliances by United Research Services.2021- Received Award for Asia’s Most Trusted Brand in 2021 by International Brand Consulting Corporation USA- Commenced manufacturing of Kitchen Appliances at Factory Unit 2 and 3 situated at Dabaspet Banagalore- Initiated production of Kettles2022- Initiated production of Electric Rice Cooker- Received Award for India’s Best Brand of the year Awards 2022 Organized by Berkshire Media LLC USA.- Received Award for recognition of excellence for the Best Home & Kitchen Appliances Manufacturer by Karnataka Business Awards 2022.2021-22- Crossed Turnover of Rs. 300 Crore.2022-23- Obtained 6 new design registrations for the various products like: Knob For Stove Gas Stove and Mixer Grinder