(i) Atlas Copco was founded in 1873, in Stockholm, Sweden. The Atlas Copco Group is a world-leading provider of sustainable productivity solutions. The Group serves customers in more than 180 countries with products and services focused on productivity, energy efficiency, safety, and ergonomics.
(ii) Atlas Copco India, established in 1960, is the country’s leading manufacturer of innovative solutions in air compressors and industrial gases, energy-efficient vacuum pumps, portable compressors, light towers, and generators, ergonomically designed industrial tools and assembly systems. In short, it is a mechanical company.
In 2018-19, the product segment such as the manufacturing of pumps, compressors, taps, and valves has contributed 68% and the manufacturing of mining/quarrying and construction machinery contributed 23%.
(iii) With state-of-the-art manufacturing facilities today at Pune and Chakan, the company has a global engineering competency centers for compressors at Pune. From its plant in Pune, it also provides mechanical and electrical engineering, CAE and software development services. The vision is not only to be but also remain First in Mind—First in Choice® of the stakeholders.
(iv) The benefits of the technology developed by the Atlas Copco Group are available for the Company on a continuous basis, which enables the Company to manufacture a broad range of existing and new products at optimum costs for both domestic and export markets. During the last five years, technology and know-how for screw, centrifugal and reciprocating compressors, dryers and air filters were imported. With the technical help from the group, the Atlas Copco (India) has met the ever-demanding requirements of domestic and overseas customers.
(v) The company in FY2018-19 has spent 6 Cr in CSR activities. Atlas Copco India as of 31st March 2019, has 1950 numbers of employees.
|Total Available Shares:||100|
|Face Value:||₹ 10 Per Equity Share|
|Lot Size:||10 Shares|
|Current Unlisted Share Price:||₹ 2200 Per Equity Share|
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