I just read this e-book, simply because, according to my friend this book is written by some of the ingenious individuals who foresaw and also profited even from the financial collapse. - Sunita
I heard people are using this e-book as a Self-help guide to investing. I recently finished studying it, and never have experimented with any of the strategies; however they all appear to make sense. - Rajiv
A fantastic guide overall. Quite different from almost all other value investing publications because it concentrates on finding unique scenarios that are best to invest in. - Alexis
This particular e-book really opened up my eyes to some fresh opportunities and possibilities that while investing I should be looking for. Once you have read this traditional value investing book you will learn a lot. - Kavita
I really like the writer of this book. It is simple, properly explained, amusing, relevant, and incredibly well planned. This particular e-book is really a holy bible for dealing with unique circumstances in the market. - Saurabh

History of Rathi Steel and Power Ltd.

In the 1940s late Shri Gordhan Das Rathi & his two brothers viz. late Shri Kanhaiya Lal Rathi & late Shri Chhuttan Lal Rathi, setup a Steel Rolling Mill in Delhi under the name & style 'Rathi Steel Rolling Mill'. The sharing pattern in this mill was - 45% of Shri G.D. Rathi & 27�% each of Shri K.L. Rathi & Shri C.L. Rathi.

Shri G.D. Rathi [Group-As] had six sons, namely:

1. Shri Prem Ratan Rathi [A.1s] 2. Shri Ram Chandra Rathi [A.2s] 3. Shri Punam Chand Rathi [A.3s] 4. Shri Kamlesh Kumar Rathi [A.4s] 5. Shri Arun Kumar Rathi [A.5s] 6. Shri Anil Rathi [A.6s]

Shri Kanhaiya Lal Rathi [Group-Bs] had only one son, namely Shri Chand Ratan Rathi.

Shri Chhuttan Lal Rathi [Group-Cs] also had only one son, namely Shri Hari Kishan Rathi.

In the late sixties/ early seventies, Shri G.D. Rathi renounced his 45% share in Rathi Steel Rolling Mill, in favour of his sons Shri Prem Ratan Rathi [9%s], Shri Ram Chanrda Rathi [9%s], Shri Punam Chand Rathi [9%s], Shri Kamlesh Kumar Rathi [9%s], Shri Arun Kumar Rathi [3%s], Shri Anil Rathi [3%s] & his wife Smt. Chautha Devi Rathi [3%s].

During those years [1970ss] there was a division between the three brothers & the business activities of Rathi Steel Rolling Mill were divided into two parts - one part to Group-A [Shri G.D. Rathi & his sonss] & the other part to Group B&C [Shri Kanhaiya Lal Rathi with his son Shri Chand Ratan Rathi & Shri Chhutan Lal Rathi with his son Shri Hari Kishan Rathis]. Group-A formed their part as M/s G.D. Rathi Steels Pvt. Ltd., and Group-B&C joined together & formed their part as M/s K.L. Rathi Steel Ltd.

Later on Group-A also established two more units at Ghaziabad, namely:

1. M/s Rathi Ispat Ltd [Mini Steel Plants] at Ghaziabad. 2. M/s Rathi Udyog Ltd [Rolling Mills] at Ghaziabad.

And Group B&C established M/s Rathi Alloys and Steel limited at Ghaziabad & Alwar. However, in around 1975 there was a division amongst them & Group-B took over the control of M/s Rathi Alloys and Steel limited & Group-C took over M/s K.L. Rathi Steel Ltd.

Major events in our history are given below:

IMPORTANT MILESTONES:

Date/Year Milestone

December 17, 1971 Comp. was incorporated.

January 11, 1972 Started installation of Rolling Mill plant at Ghaziabad.

February 7, 1973 Commercial production started.

August 29, 1973 Comp. entered the capital market with an equity issue of 3,80,000 Equity Shares of Rs.10/- each.

1976-77 Wire Rod Mill was setup.

1977-78 Comp. came under Grade 'A' of ISI

1981-82 Term Loan was sanctioned by Pick up for rolling lower diameters of Wire Rods.

1982-83 Expansion program for rolling lower diameters of wire rod completed.

1983 Expanded the installed capacity from 25,000 TPA to 95,000 TPA

1985-86 Increase in the Paid up Capital via Rights Issue

1989-90 * Bonus shares issued in the ratio of two Bonus shares for every five existing equity shares. * Comp. made a Rights Issue, of Equity Shares which was over-subscribed

* Comp. undertook expansion/diversification/ modernization program with the financial assistance of IFCI.

1992-93 Expansion/diversification/modernization program was completed.

1993-94 Comp. made a Rights Issue.

1999-2000 Comp. obtained ISO Certification. ISO 9002 was granted for its quality products.

December, 2001 Start of production of TMT bars under 'THERMEX' technology.

March 2005 Expanded the installed capacity from 95,000 TPA to 1,25,000 TPA.

April, 2005 Installation of High Speed No Twist Block Mill for producing high quality wire rods.

May 2005 * The Comp. Signed an MoU with the Government of Orissa for setting up an Integrated Steel Plant at Sambalpur District.

* Comp. also appointed OSIL as a Technical Consultant to supply know-how, basic engineering, detail engineering & rendering services for training and commissioning assistance.

November 2005 Installed Steel Melting Shop of 40,000 TPA.

Feb 2006 Commencement of Production of Alloys Steel/ Stainless Steel.