Uravi Defence & Technology Share Price

Uravi Defence Technology Limited was initially incorporated as a private limited company with the name Uravi T and Wedge Lamps Pvt. Ltd on 19 April 2004 in State of Maharashtra. Subsequently, the name of the Company was changed to Uravi T and Wedge Lamps Limited on January 16, 2018. With the due approval from the Registrar of Companies, Company has altered a change in name to Uravi Defence Technology Limited effective on January 16, 2025.The Company specialize in the manufacturing and distributing stop/tail/indicator lamps and wedge lamps for two and three wheelers, passenger vehicles, light commercial vehicles, heavy commercial vehicles, and tractors. Currently, the Company is one of the largest manufacturers of wedgebase and signaling bulbs in India. The Company has step by step increased the product portfolio and simultaneously increased its capacity to cater to the Indian OEM market.Company was incorporated in 2004 and began its operations with one manufacturing unit for T10 Lamps at Navi Mumbai in Maharashtra on a rental basis. Subsequently, it purchased its own manufacturing unit at Bhiwandi, Thane and shifted the business operations to this unit. In 2012, the company acquired a factory premises on a long lease basis in Kathua, situated in the State of Jammu and Kashmir. Currently the company operates from two different manufacturing locations situated at Bhiwandi, in Maharashtra and Kathua in Jammu and Kashmir. In both these places it has spate production lines for Stop and Tail Lamps and Wedge Lamps. In 2005, the company set up its first production line T10 lamps at Rabale MIDC, Navi Mumbai.In 2007, the company purchased and shifted to a new premise at Q6 Rajlaxmi Technopark Sonale, NH3 Road Bhiwandi in the month of April. The Company received performance and reliability approvals for W3W lamps from M/s BAJAJ Auto Ltd.In 2008, the Company received ISO/TS 16949:2002 certification.In 2009, the company increased its paid up capital to Rs. 50,00,000 and received ARAI certificates in April for a wide range of products.In 2010, the Company rented Unit Q5 Rajlaxmi Techno Park Sonale, NH3 Road Bhiwandi for manufacturing support activities such as packing, repacking, labeling, relabeling and storage. It received EMark certifications in July for a range of its products. The Company received performance and reliability approvals for W3W and W1.7W lamps from Hero MotoCorp Ltd.In 2011, the Company received performance and reliability approvals for R10W P21/5W lamps from BAJAJ Auto Ltd.In 2012, the company started manufacturing support activities such as packing, repacking, labeling, relabeling and storage unit in J3A and J3B Rajlaxm Technopark Sonale, NH3 Road Bhiwandi. The Company increased its paid up capital to Rs. 5,00,00,000. The Company entered into a long lease for a factory in Kathua (Jammu and Kashmir) and started manufacturing process. It received performance and reliability approvals for RY10W lamps from BAJAJ Auto Ltd. and R10W RY10W lamps from Hero Moto Corp Ltd.In 2013, the company increased the Coating line capacity at both of its Bhiwandi and Kathua units.In 2014, the Company started construction of New building which is attached to the main building at Q6Rajlaxmi Technopark Sonale, NH3 Road Bhiwandi.In 2016, the Company got its trademark UVAL (Word) registered.In 2017, Quality management system ISO/TS 16949:2000 recertification was granted. The Company increased the authorized share capital to Rs. 6,00,00,000.In March, 2018 the Company came up with a Public Issue of 15,00,000 Equity Shares by raising capital aggregating to Rs 15 Crores consisting of Fresh Issue of 5,00,000 Equity Shares amounting to Rs 5 Cr. and an Offer for Sale of 10,00,000 Equity Shares amounting to Rs 10 Cr.In 202425, Company has strategically diversified its business activities by venturing into the defence sector. In line with this expansion strategy, the Company acquired acquired SKL India Private Limited as its subsidiary and also incorporated a SPV with the name, Bharat Technology Limited based in UK, the wholly owned subsidiary of the Company.