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Company Structures

India Nippon Electricals Ltd was incorporated in the year 1984 and became joint venture between Lucas Indian Service Ltd, Chennai (Tamilnadu, India) and Kokusan Denki Co. Ltd, Japan for the purpose of manufacture and sale of products mainly for the two and three wheeler industry.

In the year 1986 the company made its initial public offer of equity with a shareholding pattern as below:

Companies No. of Shares Rs.Lacs
Lucas Indian Service Ltd 4,00,000 40.00
Kokusan Denki Co. Ltd 2,50,000 25.00
Balasubramanyam 1,25,000 12.50
Harita 50,000 5.00
Public 4,95,000 49.50
Total 13,20,000 132.00

The shares of the company were listed initially with Madras Stock Exchange (MSE). In order to help the general public to transact business, the company’s shares were listed at National Stock Exchange (NSE) in the year 1997 and subsequently at Bombay Stock Exchange (BSE) in the year 1999. The facility of business transactions in the equity of the company still continues at all the three stock exchanges.

Shares

1) Issue of Bonus Shares

The company issued Bonus Shares as below:

Month & Year Basis
November 1993 1 bonus equity share for 2 equity shares held
March 1999 8 bonus equity shares for 5 equity shares held
December 2002 7 bonus equity shares for 10 equity shares held
September 2011 2 bonus equity shares for every 5 equity shares held

Corporate Identification Number

Corporate Identification Number CIN L31901TN1984PLC011021

RESULTS

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PT AUTOMOTIVE SYSTEMS INDONESIA

Results

Performance

India Nippon Electricals Ltd has a long way and continue to endeavour to attain the next level. Click the relevant link to gauge our performance.

Performence Chart

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