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Polycab India Ltd

NSE: POLYCAB BSE: 542652

₹7876

(0.59%)

Sun, 22 Feb 2026, 07:23 pm

Company History

1964

  • Late Thakurdas Jaisinghani established Sind Electric Stores, which dealt in various electrical products.

1968

  • The family business, Sind Electric Stores, was managed by Girdhari T. Jaisinghani, Inder T. Jaisinghani, Ajay T. Jaisinghani, and Ramesh T. Jaisinghani.

1975

  • The partners of Thakur Industries entered into a lease agreement with MIDC for a parcel of land at Andheri, Mumbai, to set up a factory for manufacturing cables and wires.

1983

  • Polycab Industries, a partnership firm, was registered as a small scale industrial unit.

1984

  • The company's factory for manufacturing cables and wires, set up in 1975, ceased operations.

1996

  • The company was incorporated as Polycab Wires Private Limited on January 10, 1996, at Mumbai.

1998

  • The company set up a manufacturing facility for PVC insulated power cables, house wires, and other products at Daman.
  • Polycab Industries, a partnership firm, was converted into a private limited company.

2008

  • The company's turnover increased from over Rs. 10,000 million in Fiscal 2006 to over Rs. 21,000 million.

2009

  • The company received an investment of Rs. 4,017.50 million from IFC.

2011

  • Polycab Industries Private Limited was amalgamated into the company.
  • The company's turnover increased to over Rs. 31,000 million.

2013

  • The company entered into the switch and switchgears segment.

2014

  • The company entered into the fans and LED lighting segment.
  • The company set up manufacturing facilities for MCBs at Nashik, Maharashtra.
  • The company received a Gold Trophy and a Silver Trophy at the 28th Annual Chapter Convention on Quality Concepts.
  • The company received a Par Excellence Award and an Excellence Award at the 28th National Convention on Quality Concepts.

2016

  • The company set up manufacturing facilities for ceiling fans at Roorkee, Uttarakhand.
  • The company entered into an agreement with Trafigura Pte. Limited to form a joint venture, Ryker Base Private Limited, for setting up a copper rod manufacturing plant.
  • The company set up a modernized facility for manufacturing higher voltage cables up to 220 kV at Halol, Gujarat.

2017

  • The company entered into an agreement to acquire a joint venture, Techno Electromech Private Limited, for manufacturing LED lighting products.
  • Polycab was honoured with Superbrands status.

2018

  • The company was converted into a public limited company and its name was changed to Polycab Wires Limited.
  • The company's name was changed from Polycab Wires Limited to Polycab India Limited.
  • Polycab was honoured with the National Best Employer Brand award.
  • Polycab was honoured with Superbrands status.
  • Polycab was honoured with ACETECH Grand Stand Awards for stall design in Delhi.

2019

  • The name of Karvy Fintech Private Limited, the Registrar and Transfer Agent of the Company, was changed to KFin Technologies Private Limited.
  • Polycab India Limited listed on NSE and BSE with an initial public offering of Rs. 13450 million, which was subscribed 52 times.
  • Polycab was honoured with ACETECH Grand Stand Special Jury Recognition for stall design in Mumbai.

2022

  • Polycab announced a strategic partnership with Redington India.
  • Polycab announced a scheme of amalgamation between Silvan Innovation Labs Private Limited and Polycab India Limited.

2023

  • The company relaunched its brand with a new logo.
  • The company received the amalgamation order for the merger of Silvan Innovation Labs Private Limited with Polycab India Limited.

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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