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About Rachana Infrastructure Ltd Rachana Infrastructure Limited, founded in 2001, is a medium-sized private company operating in infrastructure projects, building construction, quarry mining, and trading. Initially starting with small government contracts in Gujarat, the company expanded its operations to states like Maharashtra, Madhya Pradesh, Jharkhand, and Himachal Pradesh. Notable projects include road construction for ONGC Petro Additions Limited and major district roads for the Madhya Pradesh Road Development Corporation, funded by the Asian Development Bank. The company is equipped with an in-house integrated system for mining, notably producing black trap stone aggregate.
In 2022, Rachana Infrastructure launched an Initial Public Offering (IPO), raising approximately Rs 77.97 Crore by issuing 56,50,000 equity shares. This move aimed to boost its financial capacity for further expansion and project execution. The company's extensive experience in road and infrastructure projects, coupled with its strategic expansion and resource management, positions it as a significant player in the Indian infrastructure sector.