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Mehai Technology

Mehai Technology

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About

Highlights

Performing rate for the company

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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.)

No Data is available.

Profit & Loss ( Figures in Rs. Crores.)

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Balance Sheet ( Figures in Rs. Crores.)

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Cash Flows ( Figures in Rs. Crores.)

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Historical Growths

Compounded Sales Growth
Compounded Profit Growth
Compounded Expense Growth
Stock Price CAGR
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Ratios ()

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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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Corporate Action

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Documents

Presentation & Earning Calls

Annual Reports

Credit Rating

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Overview

The company was originally incorporated as ‘Mehai Technology Private Limited’ under the provision of Companies Act, 1956 vide Certificate of Incorporation dated December 13, 2013 issued by the Registrar of Companies, Tamil Nadu, Chennai, Andaman and Nicobar islands. Subsequently the company was converted into a public limited company pursuant to special resolution passed by the members in Extraordinary General Meeting held on June 12, 2017 and the name of the company was changed to Mehai Technology Limited vide a Fresh Certificate of Incorporation dated June 29, 2017, issued by Registrar of Companies, Chennai.

It was incorporated in 2013 and in 2014 it commenced manufacture of LED Bulbs and Fixtures. In 2015, the company also commenced manufacturing of Moon Light Bulbs and tubelights. Subsequently, in 2015, the company progressed into assembling of Pendrive and Power Bank. The most recent segment that it has re-entered into is the assembling of Power Bank. It is in process of launching IC based LED bulbs, this will place their brand amongst reputed LED lighting manufacturers. The new development of 6W Downlight, which is a good product for sale in retails market, will soon be completed. The research launching Street lights is also going on, with an outlook to develop its own drivers and PCB, Import good quality street light housing. It will introduce new models in Aluminium housing for LED tubes, which will be powder coated for better looks and will be placed under same price brackets as the plastic housing tube lights which is currently being sold in market. Thus it hopes to capture a much bigger market share as compared to present times.

Business area of the company

Currently, the company is engaged in Trading / Assembly of USB Pen drives, it is in process of being able to manufacture USB pen drives. The core design including PCB and components is in almost final stages of finalisation with an anticipation to start in house manufacturing of USB pen drives. Currently, it is selling through a set of dealers / distributors who place their order and after receipt of order they cater to their markets. It majorly sells through online portals viz. Flipkart, eBay, Amazon, Shopclues, PayTM etc. this helps it to engage directly with end user and also get the direct user feedback.

Product of the company

  • LED Bulbs
  • Night Lamp
  • Mood Light
  • Tubelight
  • Power Banks
  • Pen Drive

Major events and milestones of the company

  • 2013: The company was incorporated as Mehai Technology Private Limited.
  • 2017: It was converted into Public Limited Company vide fresh certificate of incorporation dated June 29, 2017.
Brands Of Mehai Technology

Brands Of Mehai Technology

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