BARTRONICS INDIA Share price

HISTORY AND CORPORATE STRUCTUREBartronics was founded in 1990 by Mr. R K Mehta to leverage the bar coding opportunity. The ownership changed hands in 2000 when the Reddy family agreed to buy out the company. Simultaneously IDBIVenture Fund infused fresh capital into the company in the form of debt and equity. Incorporated on 10.09.1990 as Super Bartronics Private Limited the company has been converted into a Public Limited one effective from 27th July 1995. Finally it has been renamed as Bartronics India Limited wef 1st January 1996.Building on its strengths in Bar Coding and Smart Card technology the company made a foray into the field of Automatic Identification & Data Capture (AIDC) solutions. Today the company has a good knowledgebase of products technologies implementation skills and understanding of the market place and is a dominant player in the domestic markets.The company?s emphasis is on enabling businesses to gain real-time visibility control and information through the effective evaluation implementation integration and support of various AIDC technologies.The company is focused on the manufacturing sector and has implemented a number of projects across companies in their manufacturing set-ups. The projects primarily involve inventory & logistics managementtime & attendance and asset tracking systems. AIDC is seen as an enhancing technology as it automates the data collection for the main systems.Awards and Recognitions* The company has received ISO accreditation in 2002 from Det Norske Veritas (DNV).* Intermec Technologies Corp. USA awarded the company with Intermec Global Medallion Partner Award in the year 2003 appreciating the efforts of the company in the embedded hardware component with Bar Code Technology.