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Shilpi Cable Technologies Ltd.

BSE: 533389 Sector: Engineering
NSE: SHILPI ISIN Code: INE510K01019
BSE LIVE 15:28 | 22 Nov 14.65 -0.55
(-3.62%)
OPEN

14.45

HIGH

14.90

LOW

14.45

NSE 15:31 | 22 Nov 14.65 -0.55
(-3.62%)
OPEN

14.50

HIGH

14.85

LOW

14.45

OPEN 14.45
PREVIOUS CLOSE 15.20
VOLUME 128707
52-Week high 252.00
52-Week low 12.65
P/E
Mkt Cap.(Rs cr) 162
Buy Price 14.55
Buy Qty 520.00
Sell Price 14.65
Sell Qty 180.00
OPEN 14.45
CLOSE 15.20
VOLUME 128707
52-Week high 252.00
52-Week low 12.65
P/E
Mkt Cap.(Rs cr) 162
Buy Price 14.55
Buy Qty 520.00
Sell Price 14.65
Sell Qty 180.00

Shilpi Cable Technologies Ltd. (SHILPI) - Company History

Shilpi Cable Technologies Ltd is a leading telecom infrastructure player in India. The company is engaged in manufacturing of radio frequency corrugated feeder cables. They currently manufacture telecom, automobile and energy cable in India. They have developed a strong footprint in the field of site solutions along with high quality RF Cables, Jumper Cables, Connectors and Accessories. The company is an ISO 9001:2000 certified company and also owns the Type Approval Certificate for the products for GSM and CDMA applications as per the latest specifications issued by various national & international organisations. The company's products are used in Telecom towers. Shilpi Cable Technologies Ltd was incorporated on July 9, 2006 as a public limited company with the name Rosenberger Shilpi Cable Technologies Ltd. The company was established as 50:50 joint venture between Shilpi Communications Pvt Ltd and Rosenberger Hochfrequenztechnik GmbH & Co KG, Germany, to take up the project of Radio Frequency (RF) Cables. In January 2008, the company commenced commercial production at Chopanki Plant. In May 10, 2008, the joint venture between Shilpi Communication Pvt Ltd and Rosenberger Hochfrequenztechnik GmbH & Co KG, Germany ceased and all the shareholding of Rosenberger Hochfrequenztechnik GmbH & Co. KG in the company was transferred to Shilpi Communication Pvt Ltd. In October 21, 2008, the name of the company was changed to Shilpi Cable Technologies Ltd. In May 2009, Shilpi Cabletronics Ltd became a subsidiary of the company. In August 2010, the company entered into an agreement with Crossbow Telecom Projects Ltd to undertake Turnkey Telecom Service Provider (TSP) business. In the coming years, the company is rigorously planning to become the fastest evolving RF cable manufacturer and hope to attain a turnover of Rs 225 crore by 2011 and Rs 500 crore by 2012. The company proposes to set up a project at the existing manufacturing unit of the company at Alwar, Rajasthan. They plan to import various machines for the proposed project. The company plans to set up wire and cable assembly shop, expand their product portfolio and manufacture cables for 3G networks. The company will also manufactures low voltage power cables and cable accessories.