Iykot Hitech Toolroom

Iykot Hitech Toolroom Limited is an Indian public company based in Chennai, primarily engaged in the business of integrated commercial toolrooms and other related manufacturing activities. The company’s main goal is to find new business opportunities in the near future to ensure it can become profitable in a sustainable way for the long term. To achieve its objectives, the company focuses on its employees by providing them with regular training across all sectors to keep them motivated and updated with industry developments. It has recently entered a new market segment by starting part and contractual manufacturing for kitchen and home appliances, which are marketed under its own brand, ZADASTAR. The company believes its strong business fundamentals and resilience position it well to take advantage of new market opportunities and expand its revenue sources in the future. To fund its growth, the board approved a rights issue in March 2024 to raise approximately ₹993.72 lakhs by issuing 1.41 crore new shares to shareholders.;