About Rajoo
Rajoo is a company based in Veraval (India) founded in 1986 by C N Doshi.. The company has 350 employees as of March 31, 2024. Rajoo offers products and services including Nine Layers Co-extruder Blown Film Lines, Thermoforming Machines, and Extrusion Coating and Lamination Line. Rajoo operates in a competitive market with competitors including Mamata, FLtecnics, Century-Tech, Automated Packaging Systems and Mungmun, among others.
- Headquarter Veraval, India
- Employees 350 as on 31 Mar, 2024
- Founders C N Doshi
- Stage Public
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Rajoo Engineers Limited
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Annual Revenue
$29.32 M (USD)28.75as on Mar 31, 2024
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Net Profit
$4.45 M (USD)81.43as on Mar 31, 2024
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EBITDA
$5.12 M (USD)79.19as on Mar 31, 2024
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Latest Funding Round
$18.57 M (USD), Post-IPO
Jul 24, 2025
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Investors
HDFC Bank
& 5 more
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Employee Count
350
as on Mar 31, 2024
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IPO & Listings of Rajoo
Rajoo is a publicly listed company on the NSE with ticker symbol RAJOOENG in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Rajoo
Rajoo offers a comprehensive portfolio of products and services, including Nine Layers Co-extruder Blown Film Lines, Thermoforming Machines, and Extrusion Coating and Lamination Line. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Produces high-performance recyclable barrier films for packaging
Shapes plastic sheets for industrial applications
Applies coatings for enhanced material properties
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Funding Insights of Rajoo
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $18.6M
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First Round
First Round
(24 Jul 2025)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Post-IPO - Rajoo | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Rajoo
Rajoo has secured backing from 6 investors, including institutional investors. Prominent investors backing the company include HDFC Bank, BNP Paribas and Morgan Stanley. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Wealth management, investment advisory, and financial services are provided.
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Founded Year | Domain | Location | |
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Commercial and personal banking services are offered by HDFC Bank.
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Founded Year | Domain | Location | |
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SMC is recognized as a leading financial service provider in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Rajoo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Rajoo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rajoo Comparisons
Competitors of Rajoo
Rajoo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mamata, FLtecnics, Century-Tech, Automated Packaging Systems and Mungmun, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Packaging machines are manufactured and exported by Mamata from India.
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| domain | founded_year | HQ Location |
Manufacturer of form, fill, and sealing machinery
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| domain | founded_year | HQ Location |
Century-Tech Inc is a plastic bag machine manufacturer and distributor, specializing in repairing and distributing bag machines and bag machine parts
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| domain | founded_year | HQ Location |
Bag packaging systems and related machinery are designed and manufactured.
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| domain | founded_year | HQ Location |
Offers packaging machines and consulting for business markets.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Rajoo
Frequently Asked Questions about Rajoo
When was Rajoo founded?
Rajoo was founded in 1986 and raised its 1st funding round 39 years after it was founded.
Where is Rajoo located?
Rajoo is headquartered in Veraval, India. It is registered at Veraval, Gujarat, India.
How many employees does Rajoo have?
As of Mar 31, 2024, the latest employee count at Rajoo is 350.
What is the annual revenue of Rajoo?
Annual revenue of Rajoo is $29.32M as on Mar 31, 2024.
What does Rajoo do?
Rajoo was established in 1986 in Veraval, India, as a manufacturer and supplier of plastic extrusion machines. Operations are centered on the production of equipment for the plastics industry, including extrusion lines and related machinery. Services encompass supply to global markets, with a focus on industrial applications. Leadership includes founder C N Doshi and Group CFO Prakash Daga. The company maintains its base in India while serving international clients.
Who are the top competitors of Rajoo?
Rajoo's top competitors include Mamata, FLtecnics and Century-Tech.
What products or services does Rajoo offer?
Rajoo offers Nine Layers Co-extruder Blown Film Lines, Thermoforming Machines, and Extrusion Coating and Lamination Line.
Is Rajoo publicly traded?
Yes, Rajoo is publicly traded on NSE under the ticker symbol RAJOOENG.
Who are Rajoo's investors?
Rajoo has 6 investors. Key investors include HDFC Bank, BNP Paribas, Morgan Stanley, SMC, and unknown.
What is Rajoo's ticker symbol?
The ticker symbol of Rajoo is RAJOOENG on NSE.
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