Rs 550 Crore Order Book: Railway wagons company’s subsidiary acquired 0.82-acre land for 11,000 TPA forging facility; Production in 6 months

Cosmic CRF Limited, a manufacturer of railway components, has announced a significant strategic development through its subsidiary, M/s. Cosmic Springs & Engineers Limited (CSEL). CSEL has acquired a freehold industrial land parcel of approximately 0.82 acres to establish a new greenfield project for a state-of-the-art forging facility. This new facility is being set up to meet the growing demand for precision-engineered components used in railway wagons, defence and various industrial applications. The company has already initiated orders for production machinery, with manufacturing expected to begin within six months.

The new forging facility will have a proposed installed capacity of around 11,000 TPA (Tonnes Per Annum) and will produce a wide range of high-quality iron and steel products. The product portfolio includes components such as Yoke Pin Support, Back-stop, Strut and various other parts for railways and defence. This expansion strengthens Cosmic CRF's position as a comprehensive solutions provider for the Indian Railways and defence sectors. Combined with recent acquisitions that have added capabilities in galvanisation, high-mast poles and springs, this strategic move is expected to create operational synergies, enhance the company's market competitiveness and drive future growth by addressing the increasing demand from its key clients.

About the Company

Cosmic CRF Limited, Incorporated in 2021, is a leading manufacturer of Cold Rolled Form (CRF) Sections, Sheet Piles, and Railway Components for railway wagon manufacturing for major railway wagon manufacturers, including Indian Railways. The company offers customised engineering solutions with wide applications in irrigation, building, automotive, railway wagons, infrastructure and other allied industries. Operating advanced manufacturing facilities from its Unit at Singur, District Hooghly, in West Bengal. Cosmic CRF Limited is committed to quality and industry standards. The Company, along with its subsidiary companies, boasts a total installed capacity of 1,24,400 MTPA  

Cosmic CRF Ltd underwent a significant change in its shareholding structure through a preferential allotment. Before this acquisition, Ashish Kacholia, along with Persons Acting in Concert (PAC), including RBA Finance & Investment Company, Dar's Business Finance Private Limited and Everest Finance & Investment Company, held 10,70,800 Equity Shares, representing 13.0617 per cent of the company's paid-up equity share capital. The preferential allotment saw Ashish Kacholia acquire an additional 6,19,600 shares, increasing his total stake in Cosmic CRF Ltd. to approximately 18.4 per cent (specifically, 11.6548 per cent post-allotment for the original holding and 6.7438 per cent for the new acquisition, totaling 18.4 per cent of the post-allotment equity share capital), as the company's total equity share capital increased from 81,98,000 to 91,87,643 Equity Shares.

Cosmic CRF Ltd has a market cap of over Rs 1,100 crore and as of June 2025, the company’s order book stands at Rs 550 crore. The stock is up by 19.3 per cent from its 52-week low of Rs 1,111 per share.

Disclaimer: The article is for informational purposes only and not investment advice.