Sprayking Limited (formerly known as Sprayking Agro Equipment Limited) has reported a significant business development by receiving a ₹5 million order for plating and finishing of brass products from a reputable domestic supplier, as disclosed on June 18, 2025, to the BSE Limited under SEBI Regulation 30. The order highlights the company’s evolving stature in the brass component and forging industry, specifically in value-added services such as plating and finishing.

This development comes as a testament to the increased trust and commercial engagement that Sprayking enjoys in its sector. The advance receipt of ₹1 million, as noted in the official press release, further strengthens the company's financial and operational credibility.

Key Order Highlights:

• Order Value: ₹5 million

• Advance Received: ₹1 million (cheque)

• Service Scope: Plating and finishing of brass products

• Client Base: Reputed local supplier

This strategic deal aligns with Sprayking’s continued efforts to expand its domestic market share, building on its already strong export business across USA, Europe, Canada, South Africa, UAE, and other global markets.

Company Background and Strategic Rebranding:

In a noteworthy move, the company has officially rebranded from Sprayking Agro Equipment Limited to Sprayking Limited, reflecting its broadening product scope and market vision beyond the agricultural segment. This rebranding underlines the firm's intent to target new industries and diversify its customer base through a wider portfolio of brass forged and turned components.

Established in 2005 and based out of Jamnagar, Gujarat, Sprayking is a prominent manufacturer and exporter specializing in:

• Brass forged components

• Brass fittings

• Transformer parts

• Copper forging products

• Lead-free brass components

• Customized industrial components

The company is well-known for its high-quality production standards, engineering expertise, and a strong presence in industrial, agricultural, and infrastructure sectors. Sprayking also plays a major role in the global supply chain for brass components.

Technological Edge and R&D Capabilities:

One of Sprayking's major differentiators is its cutting-edge R&D facility, designed to fuel innovations in forging technologies. This investment in research and development enhances the company’s capacity to deliver customized, precise, and high-durability products tailored to specific client needs.

This particular order for plating and finishing services complements the company’s focus on vertical integration and value-added offerings, allowing it to serve as a one-stop solution provider in the brass and copper component industry.

Management Commentary:

Mr. Hitesh Dudhagara, the Managing Director of Sprayking Limited, stated:

“We are thrilled to announce that Sprayking Limited has received this significant order for plating and finishing services for brass products. This milestone underscores our company's growing presence in the market and reinforces our commitment to delivering exceptional quality products.

With this order, we are confident that Sprayking Limited will continue to grow and expand its market share. Our focus on innovation and customer satisfaction will remain our top priority as we move forward.”

This statement echoes the company’s long-term vision to scale up operations, enhance domestic footprint, and pursue excellence in every segment of its operations.

Future Outlook:

This order is expected to positively impact Sprayking’s top-line growth, with increased revenue visibility for the near term. It also demonstrates how Sprayking is leveraging its technological strengths, manufacturing capabilities, and market goodwill to build a resilient and diversified portfolio of services.

With a strong export base, robust technical know-how, and a growing domestic demand, Sprayking is well-positioned to ride the wave of India’s manufacturing and infrastructure growth story. The plating and finishing segment is especially gaining traction as end-users increasingly demand ready-to-use, surface-treated components that meet international specifications.

The management is expected to continue pushing for strategic contracts, geographical expansion, and process improvements while maintaining a strict focus on quality and customer satisfaction.

Disclaimer:

The press release includes certain forward-looking statements, which are subject to market, economic, and regulatory risks. Sprayking Limited does not undertake any obligation to update these statements, and stakeholders are advised to exercise due caution while interpreting future projections.

The Upcoming IPOs in this week and coming weeks are Shri Hare-Krishna Sponge Iron, Icon Facilitators, Ace Alpha Tech, Aakaar Medical Technologies, Safe Enterprises Retail Fixtures, Globe Civil Projects, Sambhav Steel Tubes, Ellenbarrie Indutrial Gases, Kalpataru, HDB Financials, AJC Jewel, Mayasheel Ventures.

The Current active IPO are  ArisInfra Solutions, Influx Healthtech, Eppeltone Engineers, Patil Automation, Samay Projects Services.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.