(i) The Ramaraju Surgical Cotton Mills, Ltd is part of the Ramco Group of companies. The group has an annual revenue of around USD 1.0 billion, manufacturing cotton and specialized yarns, cement, roofing, and building products. The group also offers enterprise software solutions on the cloud.
(ii) The Ramaraju Surgical Cotton Mills was founded in 1939 in Rajapalayam, Tamil Nadu, to take advantage of the availability of the cotton grown by local farmers. The company, along with Rajapalayam Mills Ltd. that was established in 1935, was instrumental in transforming the region from an agrarian to an industrial society.
(iii) They are the largest producer of absorbent cotton, gauze, bandages, and other wound-care products in Southern India. The monthly production capacity is over 125 tons of medical-grade bleached cotton and over 1.5 million square meters of bandages and gauze products.
(iv) Over the years they have diversified into spinning and weaving, producing some of the world’s finest cotton yarn and manufacturing premium fabrics for shirting, bed linens, and Jacquard cloth. They produce nearly 400 tons of superfine count ring-spun yarn and about 400 tons of open-end yarn per month. Today it offers over 200 unique products with the help of a 2,200 strong workforce.
It is listed on the Metropolitan Stock Exchange of India.
a) Surgical Division
b) Spinning Division
Sudarsanam Spinning Mills
4. Thirumalagiri Village, AP.
c) Fabric Division
Revenue contribution in FY19-20 from various segments
|Total Available Shares:||800|
|Face Value:||₹ 10 Per Equity Share|
|Lot Size:||50 Shares|
|Current Unlisted Share Price:||₹ 210 Per Equity Share|
|Retail Discount:||Bulk Deal (1%)|