RBM INFRACON Share price

The Company was originally incorporated as “RBM Infracon Private Limited” as a Private Limited Company under theprovisions of the Companies Act 1956 vide Certificate of Incorporation dated April 01 2013 issued by the Registrar ofCompanies Uttar Pradesh. Subsequently the Company was converted into a Public Limited Company pursuant toshareholders resolution passed at Extra-ordinary General Meeting of the Company held on September 23 2022 and thename of the Company was changed to “RBM Infracon Limited”. A fresh Certificate of Incorporation consequent uponConversion from Private Limited Company to Public Limited Company dated October 10 2022 was issued by the Registrar of Companies Uttar Pradesh. The Corporate Identification Number of the Company is U45400UP2013PLC055914.The Promoter Mr. Jaybajrang Ramaishish Mani laid down the foundation of the company in the year 2013 as a PrivateLimited in the name of “RBM Infracon Private Limited” with a vision to establish itself in Civil Construction MechanicalJob Work at Reliance Industries Limited Nayara Energy Limited (formerly known as Essar Oil Limited) Tata chemicalsLimited Technip Energies and other business as may be decided by partners from time to time.The Company is engaged in the business of engineering execution testing commissioning operation and maintenanceparticularly in the field of mechanical and rotary equipment for Oil & Gas Refineries Gas Cracker Plants Coal/Gas/WHRbased Power Plants Petrochemical Chemicals Cement Fertilizers. the company is Class -I certified Boiler Repairer /Erector and System /Feed Line fabricator / Erector service provider under Indian Boiler Regulations- 1950.The management always emphasis on core strength and policies that focus on technology and great deliverance. With apassion to set high standards of services the management has always taken all measures to scale up as and when required only to deliver the best. We work diligently and have a wide range of equipment’s to cater to every need and to reach the client sensitivity and centricity.Over the years we have been evolved and grown exponentially into an initiative with a progressive outlook and aprofessional approach. We strive to provide innovative integrated and satisfactory customized solutions to the clients asper their specific needs. We are positioned as a highly professional reliable and safe prompt & quality service provider ininfrastructure service arena. We secure contracts in generally through one-to-one negotiation. The pricing of the services is determined on the basis of type of construction and estimated duration within which it needs to be completed as well as the type of equipment’s required. The prices are determined by negotiating directly with the client. In general the services are provided to the customers on credit and we maintain an ongoing account of receivables from customers. The customers generally settle the account on periodic basis. We also bid for the Contracts.The customer includes medium to large size of infrastructure companies to we serve and completed various projectssuccessfully for which we have been awarded by them. For details of the Awards please refer to heading KEY AWARDSCERTIFICATIONS ACCREDITATIONS AND RECOGNITIONS in this chapter.We believe that the high levels of customer retention and growth in the number of customers reflects the value proposition we provide and positions us for further growth.MAJOR EVENTS :2022- Conversion of the company from Private limited to Public Limited- The company received Letter Intent for Work Order worth Rs. 200 Crores