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IMP Powers Ltd.

BSE: 517571 Sector: Engineering
NSE: INDLMETER ISIN Code: INE065B01013
BSE LIVE 13:10 | 18 Aug 85.90 0.55
(0.64%)
OPEN

87.50

HIGH

87.50

LOW

85.90

NSE 15:31 | 18 Aug 85.55 -1.75
(-2.00%)
OPEN

90.45

HIGH

90.45

LOW

85.15

OPEN 87.50
PREVIOUS CLOSE 85.35
VOLUME 242
52-Week high 118.80
52-Week low 73.40
P/E 22.08
Mkt Cap.(Rs cr) 74
Buy Price 85.90
Buy Qty 40.00
Sell Price 88.00
Sell Qty 35.00
OPEN 87.50
CLOSE 85.35
VOLUME 242
52-Week high 118.80
52-Week low 73.40
P/E 22.08
Mkt Cap.(Rs cr) 74
Buy Price 85.90
Buy Qty 40.00
Sell Price 88.00
Sell Qty 35.00

IMP Powers Ltd. (INDLMETER) - Company History

The flagship of the IMP Mangalam group,IMP Power(formerly Industrial Meters) was established in 1961 and was promoted by R R Dhoot. It manufactures electrical instruments like ammeters, voltmeters, frequency meters, wattmeters, power factor meters, etc. Meters such as the three-vector meter, maximum demand indicator, low power factor meter, etc, have been introduced and developed by the company. Company has build up a strong brand name viz.'IMP'. to take advantage of the strong brand name and also to properly indicate the companies activities the name of the company is being changed name to 'IMP Power Limited'. It is one of the few companies in India manufacturing on-load tap changers, an integral part of the transformer. Industrial meters modernised and expanded their activities and set up a unit to manufacture power transformers, distribution transformers, and special-purpose transformers at Silvassa, Gujarat. Company entered into the technical collaboration for the manufacture of higher rating transformers cum buy back agreement with Skoda ETD s.r.o. of the Czech Republic. The company's products have been successfully tested and approved by CPRI, Bhopal; ERDA, Baroda, IDEMI, Bombay; and SISIR, Singapore. Its satisfied clientele include all the state electricity boards, railways, public and private sector undertakings. It also exports its products to countries in South-East Asia, the Gulf, Africa and the Mediterranean rim; it is the only company in India to do so. Company has received order of 100 MVA, 220/132 KV power transformer from MSEB. With this order IMP entered into the 220 KV class extra high voltage manufacturing where only few companies at present. Company has got ISO 9001 for Silvassa Unit from DNV Netherland. Company also took some measures to face competition in the market at Silvass Unit that Specialized flooring which contribute fine qulaity & dust free environments, Setting up Oil Filteration system to ensure continuous power at lower cost & in process of enhancing internal transformer testing capacities to meet requirement for mfg. of EHV & higher rating transformer. During 2002-03 the company signed the contracts in West Indies,UK,Australiaand New Zealand for supply of various capacity HT/LT Transformers. The company is expecting a good demand for its products and this has been reflected in the order book position which stands to RS.660 million as on March,2003. The name of the company has been changed during January 2005 from IMP Power Ltd to IMP Powers Ltd.