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Roots Multiclean Unlisted Share Price

Company Name
Roots Multiclean Limited
Scrip Name
Roots Multiclean
Last Traded Price
2,520.00
-0.20 %
Sector
Other
PAN No.
AABCR0315F
Face Value
10
No. of Outstanding Shares
2,000,000
EPS
94.999
PE ratio
26.527
Market Capitalization
504.00 Crore
Book value
880.688
P/BV
2.8614
ISIN No.
INE01LF01013
Available on
nsdlcdsl
ROFR Require
No

Roots Multiclean Limited Unlisted Share - Company Overview

ROOTS MULTICLEAN LIMITED is a top manufacturer of mechanized cleaning equipment. It was the first mechanized cleaning equipment manufacturer in India. The company first started its journey with a simple push sweeper, flipper. But today, its wide range of portfolio includes scrubbers, industrial vacuum cleaners, high-pressure washers, carpet cleaner machines, city sweepers, runway sweepers, and steam cleaners.

The company’s customer base is spread across various sectors like manufacturing, defense, railways, pharma, automobile industries, and many more. The solutions ofRoots Multiclean Limited are also implemented in solid waste management projects in many municipal corporations across India.

The company’s network is spread across 29 states in India managed by over 70Business Development Executives and 170 service engineers. Roots MulticleanLimited has spread its presence in 36 countries.

The Rating agency ICRA Limited has retained the rating for the long-term banking facilities as A (pronounced ICRA A) and the short-term banking facilities rating asA1 (pronounced ICRA Aone) for Roots Multiclean Limited.

In FY 2020, Roots Multiclean Limited launched three products - RB650, RB750, and Rhino Dual fuel.

Roots Multiclean Limited Incorporation Details

CIN of Roots Multiclean 

U36999TZ1992PLC003662

Registration Date of Roots Multiclean

24th February 1992

Category/Sub-category of Roots Multiclean

Public Limited Company having Share Capital

Roots Multiclean Registered office address and contact details

R.K.G. Industrial Estate

Ganapathy, Coimbatore – 641 006. India

Phone: +91 422 4330330

Roots Multiclean Registrar and Transfer Agent address and contact details

M/s. S.K.D.C. Consultants Limited

Post Box No. 2016, “Kanapathy Towers”

3rd Floor, 1391/A1, Sathy Road, Ganapathy Post

Coimbatore – 641 006, Tamil Nadu

Roots Multiclean Limited Principal Business Activities

Name and Description of main products/services

NIC Code of the product/service

% to total turnover of the Company

Floor Cleaning Equipments and industrial vacuum cleaners

29299

95.01%

Roots Multiclean Limited Board of Directors

Sri K. Ramasamy(Executive Chairman)

Sri R. Varun Karthikeyan(Managing Director)

Sri A. Kasilingam(Director – Engineering)

Sri P. T. Kuppuswamy

Dr M. P. Vijayakumar

Smt R. K. Umaadhevi

Sri K. Ravi

Sri Preben Laustsen

Dr S. Chandrasekar

Sri V. M. Rajashekar

Sri Frank Ulbricht

Roots Multiclean Particulars of Subsidiary and Associate Companies

Name of the Company

Subsidiary/Associate

% of shares held

Roots Multi Clean Incorporated

Subsidiary

100.00%

Roots Multiclean Limited Shareholding Pattern (As of 31-03-2020)

S. No.

Shareholders’ Name

Number of shares

% of total Shares of the company

1

Sri K. Ramasamy

2,34,900

11.75%

2

Smt R.K.Umaadhevi

30,500

1.53%

3

Sri R.Varun Karthikeyan

3,54,160

17.71%

4

M/s. Hako GmbH

5,20,000

26%

5

M/s. Roots IndustriesIndia Limited

3,60,000

18%

6

Others

5,00,440

25.02%

 

Total

20,00,000

100.00%

Industry Outlook

Cleaning Industry in India today has become much more vital than ever before. And with the rising cost and unavailability of skilled human resources, the approach is now shifting towards mechanized cleaning solutions. India’s cleaning industry is still very unorganized. This industry employs a large number of unskilled people and therefore is required to be represented at the policy-making level.

The facilities management industry is now worth around Rs. 16,500 Crore, of which the housekeeping industry accounts for Rs. 5,000 Crore, and The cleaning equipment and chemicals segment has a market size of around Rs. 1,000 Crore. Traditionally, the demand in this industry was mainly driven by the automobile, pharma, IT, and hospitality sectors. But now, every segment is demanding hygiene solutionsThe cleaning industry in India is growing rapidly. The organized side of the cleaning industry in India has grown by around 30-50% in the last 5 years. Today, most of the large corporate houses outsource cleaning work to professional companies with mechanized solutions.

Additionally, the “Swacch Bharat Abhiyan” started by the Government of India has spread the awareness among people of India about the importance of cleanliness and Hygiene. And after the outbreak of COVID 19, the demand for cleanliness sanitization has increased significantly.

 

Annual Report

Roots Multiclean Annual Report 2020-21

Download

Roots Multiclean Annual Report 2019-20

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