Ruchi Infrastructure Limited (RIL) was incorporated on 28 August 1984 as Columbia Leasing & Finance Limited. It changed its name to Ruchi Infrastructure & Finance Limited on 2 September 1994 and again to Ruchi Infrastructure Limited on 14 June 1995. RIL is promoted by the Shahara family of Madhya Pradesh.
The 24-year old Ruchi Infrastructure Limited is one of the largest private sector companies having bulk liquid storage facilities (mainly edible oils) in India. The company has a widespread network of storage terminals at 7 major ports in India and 5 railway siding Terminals. The Company was the first to construct storage tanks for edible oils in the state of Kerala at Kochi in the year 1996 and since then have constructed around 2 lakhs tons of storage capacity at major ports and railway siding terminals. The Company had also constructed 13 tanks having 27,299 KL storage capacity at the 5 railway sidings till date.
The Company has set up its own jetty at Rozy pier in Jamnagar, Gujarat for handling liquid and dry cargo with material handling system. The jetty is equipped to handle around 6 lac MT of dry cargo per year. The Company is also involved in the refining of edible oils and manufacturing of vanaspati and has installed production facilities at Kakinada, Andhra Pradesh. The total installed capacity is as follows:
- Edible Oil: 240,000 MTPA
- Vanaspati: 120,000 MTPA
- Texturised Soya Protein: 15,000 MTPA
The state of the art production facility of the Company for refining of Edible Oils and manufacture of Vanaspati is located at Kakinada in Andhra Pradesh State. During 2009-2010, the unit has been awarded the first prize in the Edible Oil/ Vanaspati Sector for the National Energy Conservation Awards – 2009 for initiatives taken in Energy Conservation. The award reflects the continuing commitment of the Company towards the Energy Conservation.
Growth in Infrastructure is critical for the rapid economic growth of India. The Company has engaged itself in this direction of growth by showing more active participation in Real Estate business / township development / commercial & residential premises.
The Company is looking at active participation & focus with respect to development of modern warehousing & construction of silos for storage of various agri-commodities as well as augmenting storage facilities for liquid cargo at ports & potential inland locations.
The scrip is listed and the BSE code is 509020, while the NSE code is RUCHINFRA.