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Issue Date:19 September 2018     Price in Rs. R 6500    Price in USD. $ 100
    

Bhopal based Ramani Ice Cream Company Ltd. is a manufacturer of ice creams which it sells under the brand TOP ‘N TOWN. The business was started by Late Shri Balchand Kukreja in 1969. The reins of the business are now held by the third generation.  

 

At present, TOP 'N TOWN has a distribution network that spans close to 28000 retail outlets and 300 distributors across India. TOP ‘N TOWN has 1000+ exclusive parlours.

 

Ramani Icecream has a presence in 8 states that include Chhattisgarh, Maharashtra, Rajasthan, Orissa, Uttar Pradesh, Madhya Pradesh, Telangana and Andhra Pradesh.  Ramani Icecream has its plants in Bhopal and Durg with a total production capacity of 2,00,000 liters a day.

 

While the business is active since 1969, the company was incorporated in 1991. It has 7 directors – Prakash Hariramani, Arun Hariramani, Diksha Ramani, Ritika Hariramani, Vijay Hariramani, Kritika Hariramani and Harish Hariramani.

 

For the year ended Mar’16, Ramani Icecream reported revenue of INR 1.6B (~USD 24m) and net profit of Rs 84m (USD 1.3m).

 

Find more information in our detailed research report.

  • Company Background
  • Business Highlights
  • Financial Performance
  • Financial Details

 

  • Board of Directors
  • Financial Summary
  • Profit & Loss Account
  • Balance Sheet
  • Ratios

 

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