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SHERVANI INDUSTRIAL SYNDICATE LTD.

29 July 2026 | 04:01

Industry >> Dry Cells

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ISIN No INE011D01013 BSE Code / NSE Code 526117 / SHERVANI Book Value (Rs.) 513.50 Face Value 10.00
Bookclosure 23/09/2025 52Week High 479 EPS 0.00 P/E 0.00
Market Cap. 77.18 Cr. 52Week Low 265 P/BV / Div Yield (%) 0.58 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The company was incorporated in 1948 at Allahabad Geep Industrial Syndicate Ltd. is engaged in the manufacture of dry cell torch cases dry cell batteries and miniature bulbs. The Company also manufactures different kinds of sheet metal products. The Company's Products are sold under the trade name "GEEP" and "JANATA". In 1980-81 the Company undertook to set up a new factory for the manufacture of 78million dry cell batteries per annum at Mysore. The Project was completed in 1983-84. During 1987-88 the company undertook to modernise its dry cell battery unit and imported machinery from Taiwan and the modernisation work was completed during 1990-91. The Great Eastern Commercial Corporation was amalganated with the company on 1st March 1965. The name of the company was changed from the Great Eastern ElectroplatersLtd, to Geep Flashlight Industries Ltd. in November 1961. And again to Geep Industrial Syndicate Ltd. during 1978-79. OUR BEGINNINGS In 1948, a year after India gained independence, Mustafa Rashid Shervani, a young man inspired by the nation's drive towards self reliance, introduced his country to a new technology from the United States of America. He established an electroplating unit at Allahabad. His plant was the first of its kind in India, and second in whole of Asia. He called his company The Great Eastern Electroplaters Limited. In 1951, The Great Eastern Electroplaters Limited pioneered the manufacturing of flashlights with the introduction of two models under the brand name 'Geep' (an abbreviation of its name) and 'Janta'. This diversification was inspired by the same drive towards self reliance. In 1966, the company set up a plant to manufacture miniature bulbs, and in 1968 it diversified into the small format carbon zinc consumer battery business. Now known as Geep Industrial Syndicate Limited, the company is a leading flashlight and battery producer in India with market shares of 35% and 9% in the flashlight and battery business respectively. Its brand name 'Geep' is a household name, and synonymous with quality throughout India. 2005 -Mr. A N Shervani, Director has been appointed as Chairman & Mr. Tahir Hasan has been appointed as Vice Chairman of the company. 2006 -The company has recommended Dividend @ 10% 2012 -The company has recommended Dividend @ 10% 2014 -The Company has recommended dividend @ 5% for 2013-14.