Vinyas Innovative Technologies Ltd - Stock Valuation and Financial Performance

Vinyas Innovative Technologies was incorporated on April 27, 2001 as a private limited company under the provisions of Companies Act, 1956 with the Registrar of Companies, Bangalore in the name and style of ‘Vinyas Innovative Technologies Private Limited’. Subsequently, the company was converted into public limited company pursuant to which the name of the company was changed to ‘Vinyas Innovative Technologies Limited’ vide shareholder’s approval on January 23, 2023 and fresh certificate of incorporation dated June 14, 2023. 

Vinyas Innovative Technologies is a provider of design, engineering and electronics manufacturing services catering to global Original Equipment Manufacturers and Original Design Manufacturers in Electronic Industry. As an integrated electronic manufacturing services provider, the company offers a broad range of products and services across multiple industry segments. With wide industry knowledge, cutting-edge technologies & state-of-the-art infrastructure, Vinyas supports its Global partners from conceptualizing the design, engineering, manufacturing to turnkey requirements for mission-critical applications.

It leverages the design capabilities of with over three decades of domain expertise providing engineering and design solutions globally with a focus on multiple industries. Its Electronic Manufacturing Services are provided as Build to Print (B2P) and Build to Specification (B2S) services to its clients. Its B2P solutions involve its client providing the design for the product for which it provides agile and flexible manufacturing services. Its B2S services involve utilising its design capabilities to design the relevant product based on the specifications provided by the client and manufacturing the product. Its solutions primarily comprise: (i) printed circuit board (PCB) assembly (PCBA), and (ii) box builds which are used in safety critical systems such as cockpits, inflight systems, landing systems and medical diagnostic equipment.

Business area of the company 

The company is engaged in providing design, engineering and electronics manufacturing services in the Defence and Aerospace, Medical, Consumer, Automotive, Telecommunication and Industrial domain.

History and milestones 

• 2001: Incorporated as Vinyas Innovative Technologies Private Limited, a Company with setup of Semi-auto SMT Lines.
• 2003: Bagged the first Export order.
• 2004: Partnered with Indian Defence Companies for Electronics Manufacturing Requirements.
• 2006: Started highly advance Export Oriented Unit (EOU) and got certified for ISO 9001 quality standard.
• 2009: Initiated and successfully executed export of Defence Products
• 2011: Become part of Indian Defence offset program.
• 2012: Gained AS 9100-C and TS 16949 quality certificates and manufacturing 10k energy meters per day, showcasing high volume production capability.
• 2014: Inaugurated state-of-the-art manufacturing facility with 1,50,000 sq. ft. area and also got certified for ISO 13485 standard.
• 2016: Obtained Defence’s License from Government of India.
• 2018: Manufactured India’s first Dialysis machine.
• 2020: Efficiently adapted to COVID time by producing Ventilator machines & syringe pumps, in turn supporting the Government in medical emergency.
• 2021: Adapted to the pandemic crisis and continued to work for medical emergency by designing & manufacturing Oxygen concentrators in collaboration with IISC & Nitiayog.
• 2023: Conversion into a Public Limited Company.