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Genus Power Infrastructures Ltd.

BSE: 530343 Sector: Engineering
NSE: GENUSPOWER ISIN Code: INE955D01029
BSE LIVE 15:50 | 24 Nov 61.60 0.10
(0.16%)
OPEN

62.45

HIGH

62.90

LOW

61.20

NSE 15:47 | 24 Nov 61.65 0.10
(0.16%)
OPEN

62.20

HIGH

63.00

LOW

61.40

OPEN 62.45
PREVIOUS CLOSE 61.50
VOLUME 114829
52-Week high 68.00
52-Week low 36.00
P/E 31.75
Mkt Cap.(Rs cr) 1,584
Buy Price 0.00
Buy Qty 0.00
Sell Price 61.60
Sell Qty 1236.00
OPEN 62.45
CLOSE 61.50
VOLUME 114829
52-Week high 68.00
52-Week low 36.00
P/E 31.75
Mkt Cap.(Rs cr) 1,584
Buy Price 0.00
Buy Qty 0.00
Sell Price 61.60
Sell Qty 1236.00

Genus Power Infrastructures Ltd. (GENUSPOWER) - Company History

Genus Power Infrastructure Ltd, a Kailash group company is one of the biggest Engineering, Procurement and Construction (EPC) Company. The company is having a profound brand image in designing, manufacturing and execution of Static Energy Meters and Metering Installations Projects for transmission & distribution network. The company manufactures various ranges of high-end programmable multi-functional intelligent Single Phase & Three Phase Electronic Meters with in-built advanced security and anti-tamper features such as AMR (Automatic Meter Reader) enabled Meters, Audit Meters, etc. They are also having the facilities to provide Automatic Metering Solutions using PLCC, RF, GSM and GPRS Technologies. Genus Power Infrastructure Ltd was incorporated in the year 1992 as Genus Overseas Electronics Ltd. In the year 1994, the company started manufacturing Thick Film Hybrid Microcircuits & SMT PCT Assemblies. In the year 1998, the company became the larges manufacturer of Energy Meters. In the year 1999, multi-functional and multi-tariff meters were launched. Over the year the company significantly changed form only a meter manufacturer to a entrenched power infrastructure player. In the year 2002, Department of Scientific & Industrial Research, Govt. of India, recognized Genus Design & Development and in the year 2004, India's first Sure Sine Wave(tm) Super Inverter(tm) was launched. Also, they implemented lean manufacturing to TBM consultants, USA. During the year 2003-04, they set up a wind farm project at Jaisalmer for generation of electricity to be used in captive consumption. During the year 2005-06, the company set up a new manufacturing unit at Haridwar in Uttrakhand with state-of-the-art manufacturing facility with an investment of Rs 250 million for manufacturing of Inverter, Set Top Box, UPS, Electronic Energy Meters, etc. Also, they increased their wind power generation capacity from 0.35 MW to 1.60 MW at Jaisalmer. In April 2006, the company secured an order of Rs.117.65 crore from West Bengal State Electricity Board for Agri Metering and in December 2006, they secured an order of Rs 75 crore from Rajasthan State Electricity Board for supply of Single Phase and Three Phase Electronic Energy Meters. During the year 2006-07, the company entered into a joint venture with Mobix, a Brazilian company, to manufacture Electronic Energy Meters & provide state of art AMR technology. The name of the company was changed from Genus Overseas Electronics Ltd to Genus Power Infrastructures Ltd with effect form March 31, 2007. In March 2007, the company secured an order of Rs 20 crore from Chhattisgarh State Electricity Board & Torrent power AEC Ltd for supply of Electronic Energy Meters. During the year 2007-08, the company set up a new manufacturing unit at Keshwana in Rajasthan with state of the art manufacturing facility with an investment outlay of Rs 500 million for manufacturing of poles, distribution transformers, etc and the commercial production commenced from August 2007. During the year, the company unveiled a Keypad based prepaid Electricity Meter, with distinct advantages over the conventional key based or plug in type card based Pre-Paid meters. They also unveiled a new age of PLC MODEM, with built in isolated power supply that finds wide application in Data Transfer for Home Automation, Intelligent Buildings, Automatic Meter Reading (AMR), Remote Display, Fire and Security Alarm Systems, etc. The company developed a Smart Street Lighting System, which is an IT enabled Automatic Online Monitoring System with Data Analysis Software. Also, they became the first company in India to obtain DLMS certification for Energy Meters. In March 2008, the company bagged orders of Rs 125 crore for supply of Electronic Energy Meters and execution of Turnkey Power Distribution Projects. In April 2008, the company acquired 40000 equity shares of Genus Urja Ltd. This company was incorporated in the year 2007 with the object of generation of power etc. The Board has approved the scheme of arrangement between the company and Genus Paper Products Ltd to merge 6MW Power Unit of Genus Paper Products Ltd with the company. In November 2008, the company in associate with Genus Prime Infra Ltd signed a MoU with Government of Rajasthan for the revival of Jaipur Metals & Electricals Ltd.