Aplab Ltd (517096)

Aplab Ltd. previously knwon as Applied Electronics is a wellknown professional electronics company promoted by P S Deodhar and M G Bhatt in 1964. The company specialises in designing developing manufacturing and marketing of high quality professional electronic equipment and power systems and also supplies custommade instruments and systems which are marketed under the Aplab brand name. Its units are situated at Thane and Bhosari Pune.In 199293 the company undertook an expansioncumdiversification programme to manufacture electronic hitech systems like telecommunication test systems smartcardoperated public payphones and high precision measuring instruments. It came out with a rights issue in Apr.93 to partfinance the project. During the same period the company also launched new products like Automated Teller Machines ATM and Branch Teller Machines BTM.Intel Instruments Systems AplabSeba Electronics and Aplab Display Devices Systems are the subsidiaries of the company.In 199596 the company was awarded the ISO 9002 certificate by S T Q C Department of Electronics Government of India. During the year it earned foreign exchange worth Rs 0.16 cr. Further it also started marketing new products from ELTRAC division like the ATM Salary Dispenser Access Control System and Checkout Terminals based on Smart Card Technology. The company is in the process of obtaining certificate of compatibility to IBA net working of ATMs in India.During the year 199899 the Company developed new products like Digital Transmission Analyser PC Interphase Software for UPS Function Generator Battery Capacity Analyser Multifunction Test System 90KVA 50/400 Hz Frequency Converter IGBT Based PWM technology and High Current Programmable DC Power Supply. The Companys Fuel Dispensing Pumps have gone through all the tests and field trials and the company expects to do a business of around Rs. 3.0 crore of this product alone.During the year 19992000 the company has entered into strategic tieup with Banqit AB Sweden a compact global solutions partner with ISO 9001 Certification to offer banking solutions to Indian Banking and financial sector for efficient delivery of financial services.

Aplab Ltd Share Price: ₹36.19 per share as on 05 Jun, 2023 04:01 PM
Aplab Ltd Market Capitalisation: ₹36.19Cr as of today
Aplab Ltd Listing date: 30 Jun, 2010
Aplab Ltd Chairperson Name: P S Deodhar