The Company was originally incorporated as a Private Limited Company under the provisions of Companies Act, 1956 and registered with the Registrar of Companies, Mumbai, Maharashtra with the name "Artemis Electricals Private Limited" on October 26, 2009. Subsequently, the company was converted into public limited company pursuant to special resolution passed by the shareholders dated July 25, 2015 and name of company was changed to "Artemis Electricals Limited" to reflect the legal status of the Company pursuant to issuance of fresh certification of incorporation granted by the Registrar of Companies Mumbai, dated August 27, 2015. Corporate Identification Number of the company is U51505MH2009PLC196683.
Key Events and Milestones
2009
- Incorporation of the Company
2013
- Crossed 500 Lacs Turnover
2015
- Converted in to Public Limited Company and consequently the name was changed to "Artemis Electricals Limited"
2016
- Crossed 2500 Lacs Turnover landmark
2017
- Started supply of 10,000 Street lights of 24W to Karnataka State Electronics Development Corporation Limited (KEONICS)
2019
-The Company has announced public offering of 7000000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 50.00 per share. The gross proceeds of the issue are expected to be Rs 4,200.00 lakhs.
-The company's initial public offer (IPO) will open on 24 April 2019 and is expected to close on 30 April 2019, The price band of the issue has been fixed at Rs 55.00-60.00 per share.
-The IPO includes a fresh Issue of 7000000 Equity Shares of the Company at an price of Rs 60.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2000 shares with bids in multiples of 2000.
2021
-Company name has changed to Artemis Electricals and Projects Ltd. from Artemis Electricals Ltd..
2023
-The Company has splits its face value from Rs. 10/- to Rs. 1
|