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Indo Tech Transformers Ltd.

BSE: 532717 Sector: Engineering
NSE: INDOTECH ISIN Code: INE332H01014
BSE LIVE 15:45 | 19 Sep 215.05 8.00
(3.86%)
OPEN

205.10

HIGH

218.50

LOW

205.10

NSE 15:31 | 19 Sep 215.20 7.70
(3.71%)
OPEN

210.85

HIGH

217.80

LOW

207.05

OPEN 205.10
PREVIOUS CLOSE 207.05
VOLUME 4876
52-Week high 270.00
52-Week low 177.05
P/E
Mkt Cap.(Rs cr) 228
Buy Price 0.00
Buy Qty 0.00
Sell Price 213.95
Sell Qty 100.00
OPEN 205.10
CLOSE 207.05
VOLUME 4876
52-Week high 270.00
52-Week low 177.05
P/E
Mkt Cap.(Rs cr) 228
Buy Price 0.00
Buy Qty 0.00
Sell Price 213.95
Sell Qty 100.00

Indo Tech Transformers Ltd. (INDOTECH) - Company History

Indo Tech Transformers Ltd, the flagship of the Indo Tech Group is one of the prominent organized players in Indian Electrical Industry for Power & Distribution Transformers. The company's principal activity is to manufacture electrical, electronic and computer hardware related products, pre-stressed cement casting products in addition to various application transformers and mobile sub-station transformers. They are having their plant location at Chennai in Tamil Nadu and Palakkad in Kerala. The company manufactures Open Ventilated Dry Type Transformers in technical tie-up with E I Dupont. The company has a list of over 3900 satisfied customers which includes state electricity boards (SEBs), engineering, procurement and construction (EPC) contractors, and the corporate sector. They have also exported to USA, UK, Canada, Nigeria, Germany, Egypt, Singapore, Qatar, Abu Dhabi, Saudi Arabia, Sri Lanka, Japan, Switzerland etc. They are having their marketing offices in major cities in India and agents in various important cities world over. Indo Tech Transformers Ltd was incorporated in the year 1992 in the State of Tamil Nadu. In the year 1994, the company made a tie up with Allied Signals for transformers of Amorphous Metal Core Distribution Transformers. In the year 1995, they manufactured the Fail Safe Distribution Transformers and their in-house developed the RADAC System In the year 1997, the company set up Thirumazhisai plant and started to manufacture power transformers and in the year 1998, they commenced manufacturing Mobile transformer. In the year 2001, they manufactured 230 KV class of transformers for Florida Power Corporation, USA through MobileSource Industries Inc. In the year 2005, Indo Tech Electric Company Ltd merged with the company. During the year 2006-07, the company relocated and modernized their Saidapet plant into a new Distribution Transformer Plant of 750 MVA per annum at Thirumazhisai and also set up a Dry Type Transformer Plant at Thirumazhisai. In February 2008, the large power transformer plant at Kancheepuram with an installed capacity of 4000 MVA commenced their production. The company is in the process of locating suitable partners for technical know-how to manufacture large Power transformers at their Kancheepuram Plant and also in the process of locating a foreign collaborator for collaboration to manufacture 400 KV Power Transformers. In October 2008, the company commissioned a Transformer Tank manufacturing facility at its Kancheepuram Plant at a total cost of Rs 35 million. They also received an export order for 80 and 90MVA - 275KV Power Transformers.