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About Comrade Appliances Ltd
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Comrade Appliances Limited was originally incorporated as Comrade Appliances Private Limited on March 22, 2017 issued by Registrar of Companies, Central Registration Centre. Subsequently, the Company converted to Public Limited Company and the name of Company was changed to `Comrade Appliances Limited` vide Fresh Certificate of Incorporation on December 13, 2022 by the Registrar of Companies, Mumbai. The Company is engaged in the process of manufacturing a wide range of Air Coolers and Electric Geysers. The Company serve under both original equipment manufacturer (OEM) and original design manufacturer (ODM) business models. Under the OEM model, it manufacture and supply products basis designs developed by customers, who then distribute these products under their own brands. Under the ODM model,, it conceptualize and design products which are marketed to prospective customers under their brands. The Company has a manufacturing facility at Palghar in and around Mumbai, Maharashtra. Since then, it has expanded the product portfolio and gained technological expertise in designing and manufacturing of products. Apart from this, it included global sourcing, fabrication of components and parts, captive manufacturing and assembly, quality testing, packaging and logistics support, to partner with leading consumer goods brands in India. The Company has 4 departments comprising of Production Department, Molding Department, Administration Department and Logistics Department. Consequently, the Company took over the business of M/s. Troupe Technologies Private Limited (TTPL), engaged in the business of plastic injection moulding as a slump sale in year, 2021. Company launched an Initial Public Offer by a fresh issue of 22,78,000 Equity Shares of face value of Rs 10 each by raising funds from public aggregating to Rs 12 Cr. in June, 2023.
Comrade Appliances share price as on 27 Dec 2025 is Rs. 62.57. Over the past 6 months, the Comrade Appliances share price has decreased by 14.29% and in the last one year, it has decreased by 49.94%. The 52-week low for Comrade Appliances share price was Rs. 61 and 52-week high was Rs. 173.95.
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Comrade Appliances Ltd FAQs
You can buy Comrade Appliances Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Comrade Appliances Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Dec 26, 2025 04:01 PM the closing price of Comrade Appliances Ltd was Rs.62.57.
The latest PE ratio of Comrade Appliances Ltd as of Dec 26, 2025 04:01 PM is 92.07
The latest PB ratio of Comrade Appliances Ltd as of Dec 26, 2025 04:01 PM is 2.41
The 52-week high of Comrade Appliances Ltd share price is Rs. 173.95 while the 52-week low is Rs. 61.00
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Dec 26, 2025 04:01 PM, the market cap of Comrade Appliances Ltd stood at Rs. 48.36 Cr.
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