Rajgor Castor Derivatives Ltd - Stock Valuation and Financial Performance

Rajgor Castor Derivatives was originally incorporated as ‘Hindprakash Castor Derivatives Private Limited’ as a private limited company under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated June 13, 2018, issued by the Registrar of Companies, Central Registration Centre. Subsequently, the name of the company was changed from ‘Hindprakash Castor Derivatives Private Limited’ to ‘Ardent Castor Derivatives Private Limited’, pursuant to a special resolution passed by its Shareholders in the Extra-Ordinary General Meeting held on January 17, 2022, vide Certificate of Incorporation dated January 20, 2022, issued by the Registrar of Companies, Ahmedabad. Later on, the name of the company was changed from ‘Ardent Castor Derivatives Private Limited’ to ‘Rajgor Castor Derivatives Private Limited’, pursuant to a special resolution passed by its Shareholders in the Extra-Ordinary General Meeting held on February 2, 2022, vide Certificate of Incorporation dated February 15, 2022 issued by the Registrar of Companies, Ahmedabad. Further, the company was converted from a private limited company to public limited company, pursuant to a special resolution passed by its Shareholders in the Extra-Ordinary General Meeting held on June 21, 2022 and consequently, the name of the company was changed to ‘Rajgor Castor Derivatives Limited’ and a fresh certificate of incorporation dated July 5, 2022 was issued to the company by the Registrar of Companies, Ahmedabad.

The company is engaged in activity of manufacturing/dealing/trading of Castor Seeds, Castor derivative products, other merchandise etc. and leasing activity. The company has commenced manufacturing of Refined Castor Oil First Stage Grade (F.S.G.), Castor De-Oiled Cake and High Protein Castor De-Oiled Cake for the domestic market. It is currently operating on a B2B business Model and offers its customers Castor Oil and its derivatives. As it is currently operating under a B2B business Model, it focuses on operations relating to quality control, inventory management and business development. Being a customer centric company, its prime focus is to attain the utmost client satisfaction by offering them quality products. The company strives at all times is to provide products that offers its customers the designs with desired finish and quality. Moreover, its ethical trade practices, transparent business dealings and timely delivery of products help it in maintaining cordial relations with its customers.

It has its testing laboratories within the premises of manufacturing units. Its manufacturing facility has fully equipped quality control department with experienced staff to facilitate smooth manufacturing process. It has in-house testing laboratory and necessary infrastructure to test its raw materials and finished products to match the quality standards and as specified by the relevant customers. All the products are being manufactured strictly as per quality norms using the expertise of its experienced team to provide quality output to its customers at competitive prices. The company has marked its presence in domestic markets. It supplies its products in states such as Gujarat, Delhi, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Telangana, Uttar Pradesh and Uttarakhand.

Business area of the company

The company is engaged in activity of manufacturing/dealing/trading of Castor Seeds, Castor derivative products, other merchandise etc. and leasing activity.

Products of the company

• Refined castor oil first stage grade (F.S.G.)
• Castor De-Oil cake
• High protein castor De oiled cake 

History and milestones 

• 2018: The Company was incorporated as a private limited company under the name ‘Hindprakash Castor Derivatives Private Limited’.
• 2022: Conversion of the company from Private Limited to Public Limited Company.