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About India Nippon Electricals
India Nippon Electricals Ltd(INEL), established in 1985 as a Joint Venture between Lucas Indian Services(a Wholly Owned Subsidiary of Lucas TVS) and Kokusan Denki Co. Ltd, Japan (a group company of Hitachi Japan) is into manufactures vital electronic ignition systems for two-wheelers, Portable Gensets and three wheelers. The vital electronic ignition parts manufactured by INEL includes Flywheel Magnetos, Capacitor Discharge Ignition(CDI) units, Ignition Coils, Integral Units and Regulators/Rectifiers. The company has three manufacturing facilities one each in Tamilnadu(Hosur), Pondicherry, and Haryana(Rewari Dist). The company set up a plant at Pondicherry for producing ignition systems for diesel version of three-wheelers. The Pondicherry plant has commenced commercial production in 1998. The company which started with an one cliente has now supplies to all two-wheeler, three-wheeler and Portable Genset manufactureres in India.
The company signed an agreement with collaborator Kokusan Denki Company, Japan, for introducing Digital Ignition on a new vehicle contemplated shortly for introduction by one of the major customer.
The company's thrust to R&D efforts to design and develop products indeginously start yielding fruits and the contribution of the indigenously designed and developed products to the topline of the company amount to 40%.
It made an offer to buy-back 3,95,600 fully paid up equity shares at a price not exceeding Rs.230/- per equity share. The company has set up new facilities for the manufacture of flywheel magnetos at Rewari, Haryana to serve customers in North India. The company made a bonus issue of 3326680 shares at Rs.10 each in the ratio of 7 bonus shares for 10 shares held in the company. The company enhanced the capacity of Contact Breakers to 52,60,000 No in 2002-03.
Parent Organisation
TVS
Managing Director
T K Balaji
Founded
1984
NSE Symbol
INDNIPPON
Peer Comparision
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India Nippon Electricals Ltd FAQs
What is the share price of India Nippon Electricals Ltd (INDNIPPON) shares?
India Nippon Electricals Ltd (INDNIPPON) share price as of May 30, 2024, on NSE is Rs 2,851.15 (NSE) and Rs 2,860.00 (BSE) on BSE.
Can I buy India Nippon Electricals Ltd (INDNIPPON) from Angel One?
Yes, You can buy India Nippon Electricals Ltd (INDNIPPON) shares by opening a Demat account with Angel One.
How do I buy India Nippon Electricals Ltd (INDNIPPON) from Angel One?
India Nippon Electricals Ltd (INDNIPPON) share can be bought through the following modes:
1. Direct investment: You can buy India Nippon Electricals Ltd (INDNIPPON) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to India Nippon Electricals Ltd (INDNIPPON) shares.
1. Direct investment: You can buy India Nippon Electricals Ltd (INDNIPPON) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to India Nippon Electricals Ltd (INDNIPPON) shares.
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