Cosmic CRF Ltd Summary
Cosmic CRF Limited (CCL) was incorporated on December 21, 2021 with the RoC, at Kolkata. The Company is a manufacturer of cold rolled stainless sections for wagon manufactures and other public sector units. Presently, the Company is engaged in manufacturing Cold Rolled Forming (CRF) products, including Railway Wagon Parts and Components, Sheet Piles, and Structures used in infrastructure.
Subsequently, the CRF division located at Ajabnagar, in Singur District of West Bengal, was acquired under 100% management control from Cosmic Ferro Alloys Limited through a going concern basis via Business Transfer Agreement on January 19, 2022. The Company commenced their business operations effective on September 7, 2022. Now, the unit manufactures a range of cold rolled stainless sections, such as fabricated items for railway, coach & wagons, cold rolled formed items for wagons and coaches, cold rolled formed items for infra companies and EPC projects and products for roadways and national highway.
The Company made a public issue of 18,22,000 equity shares having the face value of Rs 10 by raising funds aggregating to Rs 57.2 Crore in June, 2023. The Company has acquired N.S. Engineering Projects Private Ltd through the National Company Law Tribunal route in March, 2024.
Further, CCL also acquired around 92% stake in Cosmic Springs & Engineers Limited (CSEL) in FY 2024-25. The manufacturing unit of the Company installed capacity increased to 45,000 MTPA in FY 2025.