Raghunath International Limited was promoted by O P Agrawal, Jai Prakash Agrawal and Associates. Incorporated in October, 1994, Company manufactures pan masalas, gutkha and mouth fresheners, under the 'SIR' brand name. The Company made its Initial Public Offering in February, 1995, aggregating to Rs 2.45 Cr. The issue was made to set up manufacturing facilities for the above products, near Kanpur, UP.RIL also trades in other products in the domestic as well as international markets. The Company is presently engaged into the business of Real Estate Development.
Due to ban imposed during 2003 on Pan Masala, Gutkha and allied products on certain states particularly in Maharashtra, Tamil Nadu, Kerala, Andhra Pradesh, Goa, Gujarat, UP and Bihar the business has affected.
The Company has taken necessary steps to diversify its business into Real Estate.