Brief History of the Company:

Elin Electronics was originally incorporated on March 26, 1982 at Kolkata, West Bengal as a private limited company under the Companies Act, 1956, with the name ‘Elin Electronics Private Limited’ pursuant to a certificate of incorporation granted by the RoC. Subsequently, name of the Company was changed to ‘Elin Electronics Limited’ upon conversion of Company into a public company pursuant to a special resolution passed by shareholders on July 27, 1987 and the certificate of incorporation was amended by the RoC consequent upon change of name on conversion to a public limited company on November 22, 1987.

Major Milestones of the Company:

Elin Electronics is a leading electronics manufacturing services (“EMS”) manufacturer of end-to-end product solutions for major brands of lighting, fans, and small/ kitchen appliances in India, and are one of the largest fractional horsepower motors manufacturers in India. Based on their overall market, they are projected to be the largest players in this category, with a market share of 12% in Fiscal 2021. (Source: F&S Report) In addition, Elin Electronics is one of the key players in LED lighting and flashlight with EMS market share of approximately 7% in Fiscal 2021, and is also one of the key players in small appliances vertical with EMS market share of 10.7% in Fiscal 2021.

Elin Electronics has a diversified product portfolio in EMS which includes:

1. LED lighting, fans and switches including lighting products, ceiling, fresh air and TPW fans, and modular switches and sockets;
2. Small appliances such as dry and steam irons, toasters, hand blenders, mixer grinders, hair dryer and hair straightener;
3. Fractional horsepower motors, which is used in mixer grinder, hand blender, wet grinder, chimney, air conditioner, heat convector, TPW fans etc.; and 
4. Other miscellaneous products such as terminal block for air conditioners, stainless steel blade for mixer grinders, die casting, radio sets. 

In addition to EMS offerings, Elin also manufacture medical diagnostic cartridges for use in diagnostic devices, and plastic moulded and sheet metal parts and components, largely for customers in the auto ancillary and consumer durables sectors. Elin also manufacture and sell fractional horsepower motors with the brand name of “Elin”.

Elin Electronics key customers according to different business verticals include:

1. LED lighting, fans and switches: Signify Innovations and Eveready
2. Small appliances: Philips, Bosch, Faber, Panasonic and Usha;
3. Fractional horsepower motors: Havells, Bosch, Faber, Panasonic, Preethi (owned by Philips), Groupe SEB (Maharaja brand) and Usha
4. Medical diagnostic cartridges: Molbio Diagnostics Private Limited
5. Moulded and sheet metal parts and components: Denso and IFB

As on date, Elin Electronics has one subsidiary named Elin Appliances Private Limited (“EAPL”) which was incorporated on August 21, 2002 at Jalandhar as Connect Cables India Private Limited as a private limited company under the Companies Act, 1956 and a certificate of incorporation was issued by the Registrar of the Companies, Himachal Pradesh. A fresh certificate of incorporation was issued on November 27, 2002 when the name of the company was changed to ECI Cables Private Limited. Subsequent to the change of the name of company to Elin Appliances Private Limited, a fresh certificate of incorporation was issued on January 14, 2004. It has its registered office at Beli Khol, Manpurat, Nalagarh, District- Solan, Himachal Pradesh..

EAPL’s nature of business is to manufacture, assemble, process, buy, sell, import, export and deal in electronic, electrical and engineering gadgets, components, appliances and apparatuses of every description like, toaster, iron, juicer, oven, dish washes, white goods and other home appliances.