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Dynamic Cables

Dynamic Cables

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Highlights

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Relaince Group

Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

Quarterly Results ( Figures in Rs. Crores.)

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Profit & Loss ( Figures in Rs. Crores.)

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Historical Growths

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Major Shareholders

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Shareholders more than 1%

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Fund houses invested in the stock (Figures in % Equity Capital )

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Documents

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Overview

Dynamic Cables was originally formed as a partnership firm under the Partnership Act, 1932 in the name and style of ‘Ashish Fluxes and Chemicals’, pursuant to a deed of partnership entered between Late K.M. Mangal and Late Anil Mangal in 1984. Later the partnership, firm was registered with Registrar of Firms, Jaipur, Rajasthan vide certificate dated October 25, 1988. Further ‘Ashish Fluxes and Chemicals with its branch Dynamic Engineer’ was converted from partnership firm to a Private Limited Company under Part IX of Companies Act, 1956 in the name of ‘Dynamic Cables Private Limited’ vide Certificate of Incorporation dated April 03, 2007, issued by Registrar of Companies, Rajasthan, Jaipur. Subsequently , the company was converted into a public limited company and the name of company was changed from ‘Dynamic Cables Private Limited’ to ‘Dynamic Cables Limited’ vide special resolution passed by the Shareholders at the Extra Ordinary General Meeting held on August 16, 2017. A fresh Certificate of Incorporation consequent upon conversion into public limited company was granted to company on August 22, 2017 by the Registrar of Companies, Rajasthan, Jaipur.

The company is engaged in manufacturing of Cables and Conductors which widely include manufacturing of Low Voltage and High Voltage Power Cables, Aerial Bunched Cables, All Aluminium Conductor (A.A.C.), All Aluminium Alloy Conductor (A.A.A.C.), Aluminium conductor steel reinforced (A.C.S.R.) Conductors and Service Drop Cables used for transmission and distribution of Electricity. Its manufacturing facilities are distributed in three units located in Jaipur, Rajasthan, with following scope of activities: Unit I - located at: F-259 & F-260, Road No. 13 VKI Area Jaipur 302013, Rajasthan, India; Unit II - located at: B-308, Road No. 16, VKI Area, Jaipur, Rajasthan and Unit III - located at: H-581-A to H-592-A & H1 -601 (B), Road No. 6, VKI Area, Jaipur, Rajasthan.

Business area of the company

The scope of activities covered in Unit I and Unit III are Design, Development, Manufacture, Testing and Supply of LV &MV Aerial Bunched Cable, LT & HT PVC & XLPE Control Cables, LV PVC and XLPE Power Cables, MV Power Cable, Solar Cable, LV PVC Service Cable, Mining Cable, Flat Cables For Submersible Pumps, Flexible Multi Core Cables, Aluminium Conductor Steel Reinforced Conductors (A.C.S.R. Conductors), All Aluminium Conductors (A.A.C) &All Aluminium Alloy Conductors (A.A.A.C.), Insulated Conductor. Further Unit II is involved in Job work activity of Cutting and Notching of Prime CRGO (Cold Rolled Grain Oriented) Electrical Steel for the company’s Group Company Mangal Electrical Industries. The company is also serving sectors like Industrial, Exports, Turnkey projects, Power Distribution Companies, Infrastructure works etc. in India and abroad. It is presently exporting directly and indirectly through merchant exporters to many Countries in the Asian subcontinent, Africa and Middle East. Some of countries where they export are Kenya, Tanzania, TOGO, Nigeria, Benin, Uganda, Rwanda, NEPAL, Mauritius, Afghanistan, Jordan, Dubai etc.

Major events and milestones of the company

  • 1984: Started business as partnership firm in the name and Style of Ashish Fluxes and Chemicals.
  • 1987: Started commercial production for manufacturing of conductors in Unit – I.
  • 2007: Conversion of Ashish Fluxes and Chemicals with its Branch Dynamic Engineer into private Limited Company Dynamic Cables Private Limited.
  • 2009: Started commercial production for manufacturing cables and conductors in Unit – III.
  • 2012: Started job work of Cutting, notching of Prime CRGO Electrical Steel for Mangal Electrical Industries Private Limited in Unit II.
  • 2017: Conversion of company from Private Limited to Limited Company.

Awards and accreditations

  • 2014: Rajasthan Energy Conservation Award 2014 – Recognition received from Rajasthan Renewable Energy Corporation, Jaipur.
  • 2014: Rajasthan Energy Conservation Award 2014 – Certificate of Appreciation received from Government of Rajasthan, Department of Energy for Energy Conservation for the year 2013-14.
  • 2014: Certificate of Appreciation received from Confederation of Indian Industry for participation in E-Waste Awareness and Collection Campaign.
  • 2014: Recognition received from Godrej for association and contribution to their business and partnering for growth.
  • 2017: Rajasthan State Award for Export Excellance – Recognistion received from Government of Rajasthan, Department of Industries on September 17, 2017 for best performance in the category of Engineering & Computer Hardware during the year 2013-14.


Brands Of Dynamic Cables

Brands Of Dynamic Cables

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