Prabhat Technologies (India) Share price

The Company was originally incorporated at Mumbai as “Prabhat Telecommunication Private Limited” on 2nd April 2007 under the provisions of the Companies Act 1956 vide certificate of incorporation issued by the Registrar of Companies Mumbai Maharashtra. The name of the Company was changed to Prabhat Telecoms (India) Private Limited with effect from 23rd May 2007. the Company was converted in to a Public Limited Company and consequently name was changed to “Prabhat Telecoms (India) Limited" vide fresh certificate of incorporation dated 22nd April 2013 issued by the Registrar of Companies Mumbai Maharashtra. The Company is registered under the Companies Act 1956 with Registration No. U72100MH2007PLC169551 The Company is promoted by Mr. Vishwamani Tiwari. the Promoter has more than 15 years of experience in telecom industry. The promoters have gained an astute understating of the telecom sector and have kept pace with the rapidly changing technology and customers requirements. The Company was incorporated at Mumbai as "Prabhat Telecommunications (India) Private Limited" on 2nd April 2007. The name of the Company was changed to Prabhat Telecoms (India) Private Limited with effect from 23rd May 2007. We have been converted in to a Public Limited Company and consequently name was changed to “Prabhat Telecoms (India) Limited" on 22nd April 2013. We are engaged into design assemble and customize import and distribution of mobile handsets wireless dongles / data-cards data products and mobile / telecom accessories. We sell feature mobile handsets under the brand name “V3” Mobiles and internet data cards & smart phones / tablets fixed wireless terminal and high end telecom devices under brand name “Xccess”. We sell accessories like screen guard Memory card etc under the brand name “Platinum”. We are a distributor of CDMA handsets for TTML for Mumbai Circle. We sell the CDMA product to chain of distributors PAN India through TTML/TTSL corporate tie-ups. We also sell the product through organised retail chain like The Mobile Store Mobile plus etc. We also sell the products through more than 15 online portals. We have been evolved in 1997 as telcom technical support company namely Prabhat Enterprises. Later on we entered into the world of telecom products by venturing in to selling and distribution of various brands like Fly Kyocera Tata Sky and Micromax. the Promoter Mr. Vishwamani Tiwari has a background of engineering and possess more than twelve years of experience in telecom industry. the Company is the first company to launch EVDO phone 1X Data Card n open Market and Low End CDMA Data Phone (LEDP) Open Market EVDO REV-A dongle etc.The company has started to design assemble and manufacture the telecom product under its own in-house brand in 2011. The company started to design and assemble the telecom devices like CDMA Mobile Handsets CDMA Data Cards FWT WiFi Routers accessories etc under its own brand. The CDMA/GSM feature handsets are designed assembled and distributed under the brand name “V3 Mobile”. Similarly the data product and smart phone Fixed wireless Terminal Tablet and other high end telecom devices are designed assembled and distributed under the brand “Xccess” and accessories under the brand “PLATINUM”. This entire set of activities completes the value chain by providing the synergy of backward as well as forward integration. We steadily strive to remain at the forefront in terms of both design and technological advancement. the Company is dedicated to deliver the latest in breath taking technologies to customers in the most quickest and extreme forms. We have also started its own e-commerce portal to promote its own branded product along with other leading branded devices under the Brand “Mobile Plus”. The portal is being operated as www.themobileplus.com. The Registered office of the Company is situated at Unit No. 2 Gitanjali Apartment M. B. Road Opp. Malad Subway Malad (East) Mumbai – 400097. MAJOR EVENTS AND MILESTONES :2007-Incorporation of the Company.2008-The Company became Super Distributor of Micromax Mobile Phones for 5 States i.e Maharashtra Goa Gujarat East UP and Delhi.2011-Launched owned Brand mobile “V3” Mobile & Xccess dongles & Accessories and Started Global Distribution of V3 Mobile and Xccess.2012-Entered into large format Retail Space under brand name of “Mobile Plus”2013-Entered in to Distribution Agreement with Defenx Asia PTE.LTD.-Entered in to joint Venture with RadioMarelli SA for Mobile internet Devices.-Entered into channel partner agreement with Tata Teleservices (Maharashtra) Limited for marketing & distribution the products and services of TTML.-Entered in to exclusive agreement with Shenzhen ZNV Tecnology Co. Ltd2015-Entered in to Intent of cooperation with Uttar Pradesh Government for proposing to establish telecom manufacturing unit at Greater Noida.