Comrade Appliances Limited IPO

Comrade Appliances Limited, established in 2017, is a leading manufacturer of a diverse range of consumer durable goods, specializing in Air Coolers and Electric Geysers. The company offers end-to-end product solutions to cater to the needs of its customers.

Operating under both the Original Equipment Manufacturer (OEM) and Original Design Manufacturer (ODM) business models, Comrade Appliances provides a comprehensive range of services to its clients.

Under the OEM model, the company manufactures and supplies products based on designs developed by its customers. These products are later sold under the customer’s brand name. On the other hand, under the ODM model, Comrade Appliances not only handles manufacturing but also conceptualizes and designs the products. These products are then marketed to the customers’ prospective clients under their respective brands.

Presently, the company’s consumer goods portfolio includes Air Coolers and Electric Geysers, all marketed, manufactured, and sold under the brand name “Comrade.”

To support its operations, Comrade Appliances boasts a well-equipped manufacturing facility located in Palghar, covering an area of 66,322 square feet.

With a strong commitment to innovation, quality, and customer satisfaction, Comrade Appliances Limited continues to play a significant role in the consumer goods industry, offering reliable and efficient products under its brand name.

Comrade Appliances Ltd Stock Quote #

• Open: ₹105.00
• High – Low: ₹106.30 – ₹101.33
• Previous Close: ₹102.50
• Total Traded Value: 10,000
• 52 Weeks High: ₹113.90 (Jul 05, 2023)
• 52 Weeks Low: ₹87.00 (Jun 13, 2023)
• Updated On: Jul 20, 2023 4:00 PM