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PG Electroplast Ltd.

BSE: 533581 Sector: Engineering
NSE: PGEL ISIN Code: INE457L01011
BSE LIVE 15:40 | 24 Nov 411.20 -10.15
(-2.41%)
OPEN

419.30

HIGH

419.95

LOW

407.10

NSE 15:40 | 24 Nov 411.20 -8.45
(-2.01%)
OPEN

421.65

HIGH

423.50

LOW

410.00

OPEN 419.30
PREVIOUS CLOSE 421.35
VOLUME 4989
52-Week high 450.45
52-Week low 125.00
P/E 143.28
Mkt Cap.(Rs cr) 675
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 419.30
CLOSE 421.35
VOLUME 4989
52-Week high 450.45
52-Week low 125.00
P/E 143.28
Mkt Cap.(Rs cr) 675
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

PG Electroplast Ltd. (PGEL) - Company History

PG Electroplast Ltd is an Electronic Manufacturing Services (EMS) provider for Original Equipment Manufacturers (OEMs) of consumer electronic products in India. The company manufactures and/or assembles a comprehensive range of consumer electronic components and finished products such as colour television sets & components air conditioners sub-assemblies DVD players water purifiers and CFL for third parties for third parties. They also do plastic injection moulding and manufacture Printed Circuit Boards (PCB) assemblies as backward integration.The company has four operational manufacturing facilities located at Greater Noida in Uttar Pradesh (Unit I and Unit III) at Roorkee in Uttarakhand (Unit II) and at Ahmednagar in Maharashtra (Unit IV).PG Electroplast Ltd was incorporated on March 17 2003 as a private limited company with the name PG Electroplast Pvt Ltd. During the year 2002-03 the company set up Unit I at Greater Noida with a capacity of 1574 tonnes p.a. for plastic injection moulding. During the year 2003-04 they increased the plastic injection moulding capacity of Unit I Greater Noida to 3703 tonnes p.a. During the year 2005-06 they further increased the plastic injection moulding capacity of Unit I Greater Noida to 4244 tonnes p.a. Also they received ISO 9001:2000 certification for Unit I Greater Noida.During the year 2007-08 the company set up PCB assembly line for DVDs with a capacity of 1000000 pieces at Unit I Greater Noida. Also they set up assembly line for DVDs with a capacity of 300000 pieces and assembly line for CTVs with a capacity of 96000 pieces at Roorkee.During the year 2008-09 the company increased the plastic injection moulding capacity of Unit I Greater Noida to 4495 tonnes p.a. They set up assembly line for CTVs with a capacity of 1005000 sets at Unit I Greater Noida. Also they increased the capacity of CTV assembly line at Roorkee to 600000 pieces.During the year 2009-10 the company increased the plastic injection moulding capacity of Unit I Greater Noida to 6577 tonnes p.a. Also they set up PCB assembly line for CTVs with a capacity of 600000 pieces at Unit I Greater Noida.During the year 2010-11 the company set up CFL assembly line with a capacity of 15000000 pieces at Unit II and PCB assembly line for CFL with a capacity of 30000000 pieces p.a. at Unit I. Also they received ISO 9001:2008 certification for Unit II Roorkee. In July 15 2010 the company was converted into public limited company and the name was changed to PG Electroplast Ltd. In August 5 2010 the company entered into an agreement for project management with LCI Engineering Ing. Christoff Langthaler GmbH for preparation of a detailed analysis of the possibilities to supply components to the automotive industry. In March 2011 the company set up manufacturing units for plastic injection moulding at Unit IV Ahmednagar under Phase I and commenced commercial production.During the year 2011-12 the company received ISO 9001:2008 certification for Unit III Greater Noida. In July 2011 they set up manufacturing units for plastic injection moulding at Unit III Greater Noida under Phase I and commenced commercial production. Also they launched a new product Water Purifier in the market.