V-Marc India Share Price

VMarc India Limited was originally incorporated as Asian Galaxy Private Limited at Haridwar, as a Private Limited Company vide Certificate of Incorporation dated March 04, 2014 issued by the Registrar of Companies, Uttarakhand. Subsequently, the Company acquired business of Partnership Firm namely, M/s. Asian Wire Cable Industries pursuant to an Acquisition Deed dated March 10, 2014 to carry on the business of Manufacturing and Trading of PVC Insulated Wires and Cable etc. The said Partnership Firm was initially formed pursuant to Partnership Deed dated February 16, 2006. The name of Company got changed to V Marc India Private Limited and a fresh Certification of Incorporation dated February 03, 2021 was issued by Registrar of Companies, Uttarakhand. Subsequently, the Company converted into a Public Limited, to which, the name of the Company was changed to VMarc India Limited vide a fresh Certification of Incorporation dated February 04, 2021 issued by the Registrar of Companies, Uttarakhand. Initially, Company was engaged in manufacturing of PVC Insulated Wires Cables. Promoter, Mr. Vikas Garg commenced business in a partnership firm in 2006 as a manufacturer and distributor of PVC insulated wires and cables. The Companys key products are single multistrand cables, CCTV cables, LAN Cables, coaxial cables, telephone switchboard cables, power cables (LT HT cables upto 33kv grade), flexible control cables, core flat cables, solar cables, wires and aerial bunched cables. The products are also certified as compliant with various quality standards like Bureau of Indian Standards (BIS) and Certiva Limited (CE). Presently, Company retails readymade garments, accessories, etc. and is engaged in the business of Value Retailing through the chain of stores situated at various cities in India. The Company began its journey in 1996 by manufacturing and marketing electrical wires cables for modern need under Brand name VMarc India. Considering the future plans for expansion and demand of company products, Promoters, Mr. Vikas Garg and Mrs. Meenakshi Garg decided to setup a new Cable Division Unit for expansion modernization of manufacturing facilities. The Company is one of the leading manufacturers of LT/HT Power (up to 33KV), Control, Aerial Bunch Cables, Domestic Industrial / Flexible Wires Cables as per BIS standards. The Companys Unit I is accredited with ISO 9001:2015 and ISO 14001:2015 certifications.The Company has 3 manufacturing facilities located at Haridwar, Uttarakhand. The Company has a combined installed production capacity of 71100 km p.a. The Company is a wellknown manufacturer of power cables and supplying material mainly to Electricity Boards of U.P., U.K., M.P., Chattisgarh, Bihar, Punjab, JK and Himachal Pradesh. The Company is supplying materials to Indian Railways, IRCON, Government projects, SAIL, PWD, BHEL, GAIL and BSNL, etc. The Company propose to set up a new manufacturing facility with an additional installed capacity of 11520 km p.a. In 2015, the Company introduced high voltage cables upto 11KV plant setup.In 2016, the Company established VMarc Electricals Pvt Ltd. by the Promoters for transferring the drawing process for aluminium copper raw materials. In 2017, the Company introduced high voltage cables upto 33KV plant.In 2018, the Company developed dealer distribution network of more than 400 in over 10 states.In 2019, the Company purchased land to set up a unit to manufacture electric cables.In 2020, the Company established 2 additional depots in Bihar Orissa to the count of existing 3 depots. Apart from this, Company acquired land for setting up of proposed manufacturing facility.In 2021, the Company set up a new facility to manufacture electrical wires, produced by Gas Cured CCV (Catenary Continuous Vulcanization) technology and increase the installed capacity to 75120 km p.a.The Company came up with an Initial Public Offering of issuing 60,00,000 Fresh Issue Equity Shares in March, 2021. The Company started production line to produce the higher HT cables like 33KVA and 66 KVA in 2022. The Company launched FlexiTUF, EBHFFR wires and EB+ power cables in FY 2024 and introduced Medium Voltage Covered Conductor in 2025.In 2026, the Company installed and commissioned inhouse Ebeam irradiation machinery for manufacturing Ebeam halogen free flameretardant (HFFR) wires cables.