Incorporated in 1993, the company is promoted by Mr Omprakash Bansal, Mr Satyanarayanan Bansal, Sushila Bansal, Suman Bansal. The company is engaged in the manufacture, buy, sell, export, import of all types of electronic, engineering, drawing and allied components.
In Mar.'96 the company came out with a public issue of 50,31,000 equity shares of Rs. 10 each for cash at par to part finance the cost of the project for the manufacture of Steel Measuring Tapes with an installed capacity of 14,400 Kms and expansion of survey instrument business by adding another model TA-26 with an installed capacity of 480 pieces p.a. to the existing capacity of TA-2 of 300 pieces p.a..
Towa Instruments Pvt Ltd a private Limited company incorporated in 1982 involved in manufacturing of Survey Instruments has been amalgamated with Towa Sokki Ltd in 1994. The promoters of the company are claimed to have indepth experience in the Survey Instruments Line.
During the year 1999-2000, the company's value of exports on FOB basis amounted to Rs. 18.88 lacs.