The company is engaged in the trading of plastic granules and plastic household products such as tubs, buckets, office furniture, and ghamelas. They have leased land in MIDC Jalgaon to establish a manufacturing unit, with a portion of it already operational. The company sells plastic scrap generated during the manufacturing process to local vendors for cash. The business aims to expand by manufacturing additional plastic products for household use.
Roni Households Limited operates in two main business processes: trading and proposed manufacturing. The trading business follows a B2B model, functioning primarily as an agency that procures goods from suppliers on a cash or credit basis and supplies them to customers on credit. Goods are acquired based on both 'order' and 'demand estimation' criteria. The primary raw material for the manufacturing process is PVC granules, which are processed through an Injection Molding Machine to create various products.
In the fiscal year 2018-19, the company conducted an Initial Public Offering (IPO), issuing 1,500,000 equity shares at Rs. 20/- each, aggregating to Rs. 3,00,00,000/-. The equity shares are listed on the BSE SME Stock Exchange since December 3, 2018.