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Aplab Ltd.

BSE: 517096 Sector: Engineering
NSE: APLAB ISIN Code: INE273A01015
BSE 00:00 | 12 Aug 20.60 -1.05
(-4.85%)
OPEN

20.60

HIGH

20.60

LOW

20.60

NSE 05:30 | 01 Jan Aplab Ltd
OPEN 20.60
PREVIOUS CLOSE 21.65
VOLUME 932
52-Week high 31.85
52-Week low 17.20
P/E 20.81
Mkt Cap.(Rs cr) 21
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 20.60
CLOSE 21.65
VOLUME 932
52-Week high 31.85
52-Week low 17.20
P/E 20.81
Mkt Cap.(Rs cr) 21
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Aplab Ltd. (APLAB) - Company History

Aplab Ltd. previously knwon as Applied Electronics is a well-known professional electronics company promoted by P S Deodhar and M G Bhatt in 1964. The company specialises in designing developing manufacturing and marketing of high quality professional electronic equipment and power systems and also supplies custom-made instruments and systems which are marketed under the Aplab brand name. Its units are situated at Thane and Bhosari Pune.In 1992-93 the company undertook an expansion-cum-diversification programme to manufacture electronic hi-tech systems like telecommunication test systems smartcard-operated public payphones and high precision measuring instruments. It came out with a rights issue in Apr.'93 to part-finance the project. During the same period the company also launched new products like Automated Teller Machines (ATM) and Branch Teller Machines (BTM).Intel Instruments & Systems Aplab-Seba Electronics and Aplab Display Devices & Systems are the subsidiaries of the company.In 1995-96 the company was awarded the ISO 9002 certificate by S T Q C Department of Electronics Government of India. During the year it earned foreign exchange worth Rs 0.16 cr. Further it also started marketing new products from ELTRAC division like the ATM Salary Dispenser Access Control System and Check-out Terminals based on Smart Card Technology. The company is in the process of obtaining certificate of compatibility to IBA net working of ATMs in India.During the year 1998-99 the Company developed new products like Digital Transmission Analyser PC Interphase Software for UPS Function Generator Battery Capacity Analyser Multi-function Test System 90KVA 50/400 Hz Frequency Converter IGBT Based PWM technology and High Current Programmable DC Power Supply. The Company's Fuel Dispensing Pumps have gone through all the tests and field trials and the company expects to do a business of around Rs. 3.0 crore of this product alone.During the year 1999-2000 the company has entered into strategic tie-up with Banqit AB Sweden a compact global solutions partner with ISO 9001 Certification to offer banking solutions to Indian Banking and financial sector for efficient delivery of financial services.

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