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Inflame Appliances

Inflame Appliances

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About

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Relaince Group

Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

Quarterly Results ( Figures in Rs. Crores.)

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Overview

The company was originally formed as a partnership firm under the Partnership Act, 1932 (‘Partnership Act’) in the name and style of ‘Techno Engineering Corpn.’ vide deed of partnership dated March 20, 2010. Further the existing partners were retired from the partnership on March 11, 2014 and admitted new partners. The partnership was reconstituted on July 13, 2015 and the existing partners retired from the partnership with the admission of new partners. The Partnership deed again reconstituted and new partners were admitted vide partnership deed dated October 16, 2017. Further the partnership firm ‘Techno Engineering Corpn.’ was thereafter converted into Public Limited Company under Part I Chapter XXI of the Companies Act, 2013 with the name and style of ‘Inflame Appliances Limited’ and received a certificate of incorporation from the Registrar of Companies, Central Registration Centre on November 14, 2017.

Inflame Appliances is an IS 4246:2002 certified company and the company has also been part of Prime Minister Ujjwala Yojana (PMUY) launched by the Central Government of India for providing 5 Crore new gas connection to the people below poverty line in the country. This PMUY has created a huge demand for LPG gas stoves which helped the company to achieve higher growth. The scheme is now being extended to other poor class of the country and name of the scheme is Ujjawala Plus, which would offer another 3 crore new connections.

Business area of the Company

The company is engaged in manufacturing of LPG Gas Stove/ Cooktops in various range like Gas Stove in Sheet Metal, Gas Stove with Toughed Glass (Optional Auto Ignition) with range of 4 Burners/ 3 Burners/ 2 Burners and Sheet Metal Components for captive consumption in the state of Himachal Pradesh. The company is also manufacturing the Glass top LPG Stove in 2/3/4 burner in premium ranges for brands like ‘Hindware’ and ‘Avaante’. Additionally, the company has Marketing agreements with Indian Oil Corporation to market, sell, distribute, and promote of LPG Stoves through Indane Distributers to domestic Indane Customers.

The company also markets and sells its products in its own brand ‘Inflame’ in the domestic and overseas markets. The company plans to leverage its networks in manufacturing of Range Hoods (Chimneys) within the Country, to building a setup that will cater the requirements of other big brands who import all the range hoods from overseas market to serve better quality and save the costing of transit. The company also plans to manufacture Electrical Chimneys, Glass Cooktops, Glass Hobs and Cooking Ranges to increase its presence in the Cooking Appliances Market of Country. 

Major Events and Milestones:

  • 2010: Commencement Business as Partnership Firm in the name of ‘Techno Engineering Corpn.’ vide Partnership deed dated March 20, 2010 entered between Dinesh Kapoor and Karan Kapoor.
  • 2015: Retirement of Old Partners and Admission of New Partners Aditya Kaushik and Dinesh Kaushik.
  • 2015: Started Business of Manufacturing of Gas Stove and parts thereof.
  • 2015: License from Bureau of Indian Standards as IS 4246:2002 for Quality Certification on Product the products.
  • 2016: Agreement with Indian Oil Corporation for Selling of LPG Stove to Domestic Indane Distributors.
  • 2017: Associated with Hindustan Petroleum Corporation and Bharat Petroleum Corporation for Selling of LPG Stove.
  • 2017: Conversion from partnership firm to Public Limited Company with the name of ‘Inflame Appliances Limited’.
Brands Of Inflame Appliances

Brands Of Inflame Appliances

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