Spel Semiconductor Ltd
NSE: SPICELEC BSE: 517166
₹107.09
-5.63 (4.99%)
Thu, 29 Oct 2026, 10:37 pm
Market Cap (in Cr)495.07
PE Ratio0
Dividend0
Electronic Technology
Semiconductors
24.5KSpel Semiconductor Ltd Company History
1984
- The Company was incorporated as a private limited company on 26th December.
1986
- The Company was converted into a public limited company on 20th March.
1988
- 9 shares were subscribed for by the signatories to the Memorandum of Association.
- 70,99,991 shares were issued at par.
- 17,49,991 shares were reserved and allotted to promoters, directors, etc. and SPIC.
- 2,50,000 shares were reserved and allotted to UTI and LIC.
- 3,55,000 shares were reserved for preferential allotment to employees.
- 12,00,000 shares were reserved for preferential allotment to NRIs on repatriation basis.
- The balance 15,45,000 shares were offered for public subscription during August.
1989
- Substantial job contracts were accepted from the Semi-conductor Complex, Chandigarh.
- The Govt. of India gave its consent for inclusion of 74 LS series and telephone ICs under the restricted list.
- The Company introduced three types of push button telephone ICs.
- The Company's high value memory ICs and clock ICs were well received in the market.
1990
- The Company commenced production of Linear ICs used in instrumentation and professional electronic equipment.
- The Company undertook to set up a magnetic media project.
- The Company's 'Kit' form supply for Siemens designs enabled push button telephone manufacturers to get their requirements from one source.
- The Company identified 'Memory ICs' required in large volume in India and was in the process of packaging and marketing them.
- The Company obtained SA registration for manufacture of 3 million ECBs per annum.
- The Company tied-up with M/s. Hitachi, Japan to introduce CODEC ICs.
1991
- The Company commissioned the computer tape plant and the diskette plant for 5 1/4" 48 TPI diskettes.
- The Company entered into a technical collaboration agreement with M/s. Computer Resources Inc. (CRI), U.S.A.
- A Memorandum of Understanding was reached with SGS Microelectronica SpA, Italy for technical assistance.
- High value ICs like Codec and SRAM were introduced.
- The Company entered into a long term agreement with Semi Conductor Complex Ltd. (SCL).
1992
- The total turnover increased by about 42% over the previous year.
- 3,300 shares were forfeited and subsequently reissued.
- 81,65,000 rights shares were offered and fully taken up.
- The Company successfully tied-up with Hitachi, Japan for the source of raw material for Codec ICs.
1993
- The Company introduced 256 K DRAMICS for the indigenous switching exchanges.
- The Magnetic Media Project (MMP) was converted to an export-oriented unit.
1994
- The Company's turnover reduced due to heavy destabilisation of the indigenous telecom equipment sector.
- The Company's rights issue of 81,65,000 No. of equity shares was fully subscribed.
1996
- The Company allotted 86,88,160 No. of equity shares to Financial Institutions.
1997
- The Company set up a Laser Trimming facility.
- The promoters of Spic and Madras Refineries Ltd. agreed to constitute a committee to suggest a methodology for re-appraisal of the projects finalised by Spic.
1998
- The Company allotted 51,50,000 No. of equity shares to M/s. Southern Petrochemical Industries Corporation Limited (SPIC).
- MMP was set up by SPIC Electronic to manufacture computer tapes, floppy diskettes and jumbo rolls.
- The Company engaged in manufacturing electronic integrated circuits, floppy diskettes and computer tapes.
2000
- Spic Electronic System Ltd changed its name to SPEL Semiconductor Ltd.
2007
- The Registered Office of the Company was shifted from MAC House, 4 Sardar Patel Road, Guindy, Chennai to 5 CMDA Industrial Estate, Maraimalai Nagar, Chennai.
2013
- SPEL Semiconductor appointed Mr. N. Ramakrishnan as an Additional Director of the Company.
2014
- SPEL Semiconductor appointed Mr. M. Jayasankar as an Additional Director of the Company.
2015
- VCSC Flood Relief was undertaken.
- The Chairman addressed IIT-B FAN PD in USA.
- Natronix-SPEL signed a MoU with the Government of Tamil Nadu for a 500 Crore investment during the Global Investors Meet.
