Race Eco Chain Ltd (RACE)

Race Eco Chain Ltd (formerly Anisha Impex Limited), is an eco-friendly initiative which focuses on reducing the Carbon footprint caused by waste plastics through aggregation and channelization of plastic waste for recycling into consumer friendly products. The Company has built an AI-enabled App to convert the recyclers with the sellers for better transparency and ease of doing business. In a short span, the Company has been able to spread across 20 states within India and has setup 57 franchisee associates across the map. The App offers value-adding opportunities for waste entrepreneurs either in upcycling products directly from consumers or recycling waste for higher industrial consumption. The Company is also providing exhaustive and customized learning programs to enhance employee capabilities, and are committed to providing equitable compensation, and have a focus on inducting women across levels with a target of 50% of women on the board by Dec 2021. In addition to this, the AI and Big Data-enabled App seeks to bring about scalability and transparency in the supply and demand chain.

Share Price: ₹332.60 per share as on 18 May, 2024 04:01 PM
Market Capitalisation: ₹551.79Cr as of today
Revenue: ₹72.68Cr as on December 2023 (Q4 23)
Net Profit: ₹0.59Cr as on December 2023 (Q4 23)
Listing date: 09 May, 2023
Chairperson Name: Sunil Kumar Malik