The company manufactures and markets lithium-ion batteries and solar panels under EXEGI brand in two separate plants in the Delhi-NCR region. Its products are primarily used for clean energy storage and solar lighting. RCRSIL or its products have over 20 certifications and test reports.
The company registered revenues of Rs 78.68 crore and earned profit after tax (PAT) of Rs 5.71 crore during the first nine months (April-December) of the fiscal year 2023-24. It had generated revenues of Rs 67.80 crore with PAT of Rs 1.35 crore for the full financial year 2022-23.
Corporate Capital Ventures is the sole book running lead manager to the issue.
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