Shilpi Cable Technologies was incorporated in July 2006 and was formerly known as M/s Rosenberger Shilpi Cable Technologies Limited which was a 50:50 joint venture between M/s Shilpi Communications private limited (SCPL) and M/s Rosenberger Hochfrequenztechnik GmbH & Co. KG, Germany, to take up the project of Radio Frequency (RF) Cables. The joint venture partners signed share subscription cum shareholders agreement in July 2006. However in view of dispute between them, the shares of Rosenberger were acquired by the Indian promoter in 2008 who are the present promoters of the company.
The registered office of the company is situated at A-19/B-1, Mohan Cooperative Industrial Estate,Mathura Road, New Delhi and manufacturing unit at SP 1037, RIICO Industrial Area, Chopanki,Bhiwadi, Tehsil-Tijara, District-Alwar, Rajasthan.
Business Profile:
The company is basically into the manufacture of RF cables to cater to the telecom sector and it also trade in cable accessories. The company’s products are industrial in nature. These products are used in telecom towers. In mobile towers, feeders are the cables used as a high frequency transmission medium to carry high-frequency or broadband signals between antenna and its base station. These feeder cables are vital for site’s optimal performance.
Product Portfolio:
- RF Cables of various sizes for the Telecom Sector
- Low Voltage Power cables
- Cable Accesories
Key Milestones:
- July 09, 2006: Incorporated as Public Limited company under the Companies Act, 1956
- July 13, 2006: The company obtained Certificate of Commencement of Business from the Registrar of Companies, Delhi and Haryana
- July 21, 2006: The company become a 50:50 Joint Venture between Shilpi Communication Private Limited and Rosenberger Hochfrequenztechnik GmbH & Co. KG, Germany through share subscription cum shareholders agreement with Rosenberger Hochfrequenztechnik GmbH & Co. KG, Germany and Shilpi Communication Private Ltd dated July 21, 2006 for carrying the business of manufacturing RF corrugated feeder cables
- January, 2008: Commencement of production at Chopanki Plant
- February - August 2008: The commercial production in the plant was halted on account of a dispute between the Promoters.
- May 10, 2008: The Joint Venture between Shilpi Communication Private Limited and Rosenberger Hochfrequenztechnik GmbH & Co. KG, Germany ceases and all the shareholding of Rosenberger Hochfrequenztechnik GmbH & Co. KG in the Company transferred to Shilpi Communication Private Ltd
- October 21, 2008: The name of the company was changed to 'Shilpi Cable Technologies Limited'
- September 2008: The commercial production in the plant was restarted
- May 01, 2009: M/s Shilpi Cabletronics Limited (then known as Shilpi Cabletronics Private Limited) became the subsidiary of our company
- March 2009: The company defaulted in payment of an installment of Rs. 241.53 lacs for dues of term loans from IDBI Bank for a total period of one month at the end of the year (which was later regularized)
- August 09, 2010: The company has entered into an agreement with M/s Crossbow Telecom Projects Limited to undertake Turnkey Telecom Service Provider (TSP) business