Baroda Electric Meters, incorporated on March 23, 1961, is engaged in the manufacture of single and poly phase meters.

The company develops and manufactures single phase KWH meters, single phase KVA meters, three phase KWH meters and three phase trivector meters at its manufacturing unit in the Vallabh Vidyanagar district of Gujarat. It has been registered as a sick industrial unit and is under the perusal of the Board of Industrial and Financial Reconstruction (BIFR).

The registered office is located at Anand Sojitra Road, Vithal Udyognagar, Vallabh Vidyanagar-388121, Gujarat.

Milestones

• 1961 - The company was incorporated on March 23, 1961 at Ahmedabad.
• 1961 - The company's object is to manufacture single phase electric service meters, indicating instruments, current transformers, switchgear, panels and control equipment, instrumentation etc.
• 1961 - The company entered into a technical collaboration agreement with M/s. Deutsche Zahler Cesell Schatf, a leading concern in West Germany manufacturing electric meters.
• 1961 - 27,500 shares were offered for public subscription.
• 1962 - 245 shares forfeited or non-payment of calls.
• 1974 - 1,945 No. of equity shares forfeited.  5,000 pref. shares issued. Pref. shares redeemable during December 31, 1986/89.
• 1981 - A letter of intent was received for the manufacture of protective relays with a foreign collaboration.
• 1982 - Uppalapati Solvent Oil Ltd., became a subsidiary of the company. As on 3rd December, 1985, the operations of this company were suspended and were not revived till 1986.  The parent company obtained the lease of the premises as per an agreement worked out and proposed to manufacture electrical energy meters therein.
• 1987 - The company introduced high torque energy and moulded case circuit breakers (MCCB).
• 1987 - The company undertook to set up a plant at Meghnagar in Madhya Pradesh for manufacture of energy meters.
• 1988 - The margins, however, were under pressure due to increase in the cost of raw materials.
• 1994 - 9.6% pref. shares redeemed.  Authorised capital reclassified. 53,700 pref. shares issued.