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V-Guard Industries Ltd share price today (on 25 March 2023).
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BSE: 532953 | NSE: VGUARD | ISIN: INE951I01019Market Cap: [Rs.Cr.] 1,204 | Face Value: [Rs.] 10
Industry: Electric Equipment
V-Guard Industries Limited is a household name across India. A Kerala based company, manufacturing and marketing of electrical and electronic products. It was incorporated in February 1996. The Company was converted into a private limited company in November 15, 2001 and subsequently got converted into a public limited company on August 1, 2007 and received a fresh certificate of incorporation in the name of 'V-Guard Industries Limited'. Products marketed under the brand name V-GUARD' are Electronic Voltage Stabilizers, Monobloc, Jet, Submersible pumps and Electric Motors, Insulated Electrical Cables (House Wiring & Industrial), Electric Storage & Instant Water Heaters, Solar Water Heaters, UPS for computers, Electric Fans and the company also busy with Generation of power through wind mills. It has a network of sixteen branches including our head office located in Cochin, 105 distributors, 75 service centers, 7000 retailers and spread 12 states across the country, V-Guard, with its array of products for the home, has a consumer base exceeding 40 million. The company has care on manufacture products that meets international quality standards and provide trouble-free performance.
The Company have Electro-Controls Division is a state-of-the-art facility for the production of stabilizer cabinets, the fully automated, ISO 9001 certified Electrical Cable Division located at Coimbatore facility that manufactures electrical cables starting from 0.25sqmm size to 10sqmm size and the Solar Water Heater plant uses international manufacturing technologies with high quality standards. The company received Vyavasaya Jyothi Award from the Ernakulam Chamber of Commerce for the year 1996 and also Industry Excellence Award for Medium Scale Industries from The Institution of Engineering (India), Cochin for the year 1998. Kochouseph Chittilappilly ventured into the leisure industry in the year 2000, established Veega Land' one of the most attractive amusement parks in the country, with a spectacular range of rides and entertainment, located at Pallikara in Kochi. Veega Land has lent a new dimension to the tourism scenario in Kerala.
Veega Land is the first amusement park in the country to be awarded the ISO 14001 - 2004 Certification for environment friendliness and conservation of natural resources. The company won the Kerala State Tourism Award for the year 2001 - 02 for being the most eco-friendly tourism project through its group company Veega Land. As a successful result the V-Guard Group has set up their second and India's biggest amusement park Wonder La' in Bangalore. V-Star Creations a subsidiary of V-Guard manufactures designer in garments and lingerie. V-Guard recently ventured into states of Maharashtra, Haryana, Madhya Pradesh, Orissa, Himachal Pradesh, Chattisgarh, Uttar Pradesh and Gujarat. Under in expansion the company plans to set up a factory in Coimbatore, for producing L.T.Power Cables and another unit in Himachal Pradesh or in Uttaranchal for producing domestic cable. In 2008, the company entered in capital market with IPO of 80,00,000 of equity shares of Rs. 10 each.
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