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Gujarat Apollo Industries Ltd
NSE: GUJAPOLLO BSE: 522217
₹348.10
(2.88%)
Thu, 17 Sept 2026, 06:20 pm
Market Cap (in Cr)439.62
PE Ratio77.16
Dividend0.59
Producer Manufacturing
Trucks/Construction/Farm Machinery
24.5KCompany History
1986
- The company was incorporated as a public limited company in the State of Gujarat.
- The certificate of commencement of business was obtained from the Registrar of Companies, Gujarat.
- The company was jointly promoted by M/s Apollo Earthmovers Private Limited and Gujarat Industrial Investment Corporation Limited.
1987
- The company started its commercial production.
1992
- Gujarat Investment Corporation Ltd disinvested its entire holding of 11% to M/s Apollo Earth Movers Pvt. Ltd. at a negotiated price of Rs.18.69 per share.
2005
- Gujarat Apollo Industries gave a bonus in the ratio of 1:1.
2007
- The Company proposed to issue bonus shares in the proportion of one equity share for every two equity shares held.
- The trading symbol of Gujarat Apollo Industries Limited was changed from GUJAPOLIND to GUJAPOLLO.
- The Company name was changed from Gujarat Apollo Equipments Ltd to Gujarat Apollo Industries Ltd.
- The Company issued bonus shares in the ratio of 1:2.
2008
- The Company issued bonus shares in the ratio of 1:2.
- The Company recommended a dividend of Rs 3 per equity share.
- Gujarat Apollo Industries Ltd invested INR 74 million in Apollo Earthmovers Ltd to make it a subsidiary company.
2009
- The Company incorporated a wholly-owned subsidiary, Apollo Maschinenbau GmbH, in Germany.
- The Company recommended a dividend of Rs 2 per equity share.
2010
- Apollo entered new markets in Egypt, Tunisia, Trinidad and Tobago, Angola, Malawi, and Botswana.
- The Company recommended a dividend of Rs 2.50 per equity share.
2011
- Apollo made a breakthrough entry in Seychelles and Zimbabwe.
- The Board of Directors appointed Ms. Neha Chikani Shah as Company Secretary and Compliance Officer.
- The Company recommended a dividend of Rs 2.5 per share along with a one-time special dividend of Rs 2.5 per share.
2012
- The Board of Directors recommended a dividend of Rs 2.50 per share.
- The board proposed to re-appoint Mr. Anand A. Patel as Whole-Time Director.
2013
- Gujarat Apollo Industries Limited launched a strategic joint venture with Switzerland-based Ammann Group.
2014
- Gujarat Apollo Industries Ltd recommended a dividend of Rs 2.50 per equity share.