Indo Tech Transformers Ltd
NSE: INDOTECH BSE: 532717
₹2702.30
(5.00%)
Mon, 04 May 2026, 03:34 pm
Market Cap27.43B
PE Ratio31.95
Dividend0
Producer Manufacturing
Electrical Products
24.5KCompany History
1975
- We started our business as a Partnership Firm, formed under the name and style of M/s Indo Tech Electric Company under an original Partnership Deed dated September 20, 1975.
1979
- The Partnership Deed was modified by the Partnership Deed dated April 1, 1979.
1984
- The Partnership Deed was modified by the Partnership Deed dated December 1, 1984.
1987
- The Partnership Deed was modified by the Partnership Deed dated January 16, 1987.
1992
- Our Company, Indo Tech Transformers Limited was incorporated on January 16, 1992.
1994
- The parties by a deed of transfer / conversion have transferred all the assets and liabilities available as on July 15, 1994 in favor of M/s Indo Tech Transformers Limited.
1995
- Our Company had entered into a Sponsorship Agreement dated April 18, 1995 with Twenty first Century Management Services Limited.
- Subscription Agreements dated 15th December 1995 with Lloyds Finance Limited and 6th November 1995 with Savani Financials Limited were entered.
- The Company also issued 100,000 shares to K&Co and 25,000 equity shares to Anusha Investments Limited.
2005
- The said Sponsorship Agreement was terminated by a Termination Agreement dated October 15, 2005.
- Vide an order dated September 30, 2005 the High Court of Madras sanctioned the scheme of merger of Indo Tech Electric Company Limited with our Company with effect from April 1, 2003.
- Our Promoter, Mr P E Subramaniam and 21st Century had purchased 200,000 Equity shares from Lloyds finance Limited and 55,000 equity shares respectively on March 25, 2005.
2006
- The Company has received Orders for Distribution Transformers worth Rs 76.00 million from Tamil Nadu Electricity Board (TNEB).
- The Company has received orders for Power and Distribution Transformers worth Rs 44.0O million from corporate customers.
- Indo Tech Transformers enters into a Technical & Marketing Assistance Agreement with E.I. Dupont India Pvt Ltd (DUPONT), Gurgaon.
- The Company has procured orders for Power Transformers of 8 MVA - 33 KV and 16 MVA - 33KV and 110KV ratings to the tune of Rs 950.00 million from Tamil Nadu Electricity Board (TNEB).
- The Company has procured order worth Rs 23.65 million from Industrial Clients.
2007
- The Company has recommended a dividend of 45% i.e. Rs 4.50 per equity share.
- The Company has received orders for Rs 105.00 crores from Tamil Nadu Electricity Board (TNEB) and Rs 1.00 Crore from corporate customers.
- The Company had entered into a Technical and Marketing Assistance Agreement with E.I. Dupont India Pvt Ltd, Gurgaon.
2008
- The Company has received an export order for 80 and 90MVA - 275KV Power Transformers.
- The Company has recommended a dividend of Rs 6.00 (60%) per equity share of Rs 10/- each.
2009
- Ranked the Company as No. 1 in the Electrical Machines and Equipment Sector in the Industry 2.0 Top 500 SMBs.
2010
- The brand of the products of the Company has been changed from ÂIndo-Tech' to 'Prolec GE'.
2012
- The Company appointed Mr. Ajay Dhagat as Additional Director of the Company.
- Mr. Banmali Agrawala has been inducted in the Board as Director.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800