Comrade Appliances (543921.BO) Action Cours

Comrade Appliances Ltd. engages in the manufacture and sale of electrical machinery and apparatus. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2023-06-13. The firm manufactures consumer durable goods, assembles a range of products, and provides end-to-end product solutions. Its product portfolio of consumer goods includes Air Coolers and Electric Geysers. Under the OEM model, it manufactures and supplies products based on designs developed by its customers, who then further distribute these products under their own brands. Under the ODM model, in addition to manufacturing, it conceptualizes and designs the products, which are then marketed to its customers’ prospective customers under their brands. The firm manufactures and sells its products under the Comrade brand name. The firm has four departments, which include Production, Molding, Administration and Logistics. Its manufacturing facility is located in Palghar, Mumbai.