Eon Electric Ltd. manufactures and exports electrical switchgear and lighting products. The Company's products include fluorescent lamps, circuit breakers, fuses, and wires. Eon Electric's products are sold in the Middle East, Africa, Australia, the United Kingdom, Latin America, and South East Asia.
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EON Electric Limited Outstanding Shares: |
1,69,02,466 |
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Face Value of EON Electric Share: |
Rs. 10 Per Equity Share |
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ISIN of EON Electric Limited Share: |
INE076H01025 |
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Lot Size of EON Electric Share: |
100 |
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EON Electric Share Price: |
Best In Industry |
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PAN Number of EON Electric : |
AAAC10142E |
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GST Number of EON Electric : |
09AAACI0142E2Z4 |
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EON Electric Limited CIN Number |
L31200HR1989PLC035580 |
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EON Electric Limited Registration Date |
06-Nov-89 |
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Category / Sub-Category of EON Electric Limited |
Public Companies having a share capital |
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EON Electric Limited Registered Office Address |
Shastri Colony, Near Indian Sr. Secondary School Main Gohana, Sonipat Bye Pass Sonipat Sonepat HR 131001 IN |
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EON Electric Limited Registrar & Transfer Agent Address & Contact Details |
M/s Alankit Assignments Limited |
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Director |
Post |
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Mr. Ved Prakash Mahendru |
Chairman & Managing Director |
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Mr. Vivek Mahendru |
Joint Managing Director |
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Mr. Vinay Mahendru |
Joint Managing Director |
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Mr. Ashish Bansal |
Non Executive & Independent Directors |
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Mr. Ashok Kumar Gupta |
Non Executive & Independent Directors |
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Dr. Rashmi Vij |
Non Executive & Independent Directors |
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S. No. |
Name and Description of main products/services |
NIC Code of the product/service |
% to total turnover of the Company |
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1 |
Lighting |
3150 |
52.68 |
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2 |
Cables & Wires |
3130 |
42.29 |
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3 |
Electrical Consumer Durables |
2930 |
4.21 |
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S. No. |
Name of the Company |
Holding/Subsidiary/Associate |
% of Shares Held As on 2019 |
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1 |
NIL |
NA |
NA |
Particulars | No. Of Shares | % of Shares Held |
Promoter | 1,04,37,123 | 61.75 |
Public Shareholding | 64,65,343 | 38.25 |
Total | 1,69,02,466 | 100 |
FAQs on Eon Electric Ltd
Q: What is the face value of Eon Electric Ltd shares?
Answer: The face value of Eon Electric Ltd is ₹5 per equity share.
Q: What is the minimum lot size for buying Eon Electric shares through WWIPL?
Answer: The minimum lot size for Eon Electric shares is 100 equity shares.
Q: How can I buy Eon Electric unlisted shares through WWIPL?
Answer: Investors can complete the KYC process, confirm the transaction details with WWIPL, transfer funds, and receive shares directly in their Demat account.
Q: Why should I buy Eon Electric shares through WWIPL?
Answer: WWIPL offers transparent pricing, secure transactions, seamless Demat transfers, and dedicated support throughout the investment process.
Q: Is investing in Eon Electric Ltd a good idea?
Answer: Investors generally evaluate Eon Electric based on its presence in the electrical equipment industry, diversified product portfolio, export business, financial performance, and long-term growth potential. As an unlisted/suspended company, investors should also consider operational, regulatory, and liquidity risks.
Q: Why do investors buy Eon Electric shares before a potential value unlock?
Answer: Investors seek early exposure to the company in anticipation of business revival, improved financial performance, resumption of trading, and future value creation.
Q: What business does Eon Electric Ltd operate in?
Answer: Eon Electric Ltd manufactures and exports lighting products, electrical switchgear, circuit breakers, fuses, cables, wires, and other electrical consumer durables, serving domestic as well as international markets across the Middle East, Africa, Australia, the UK, Latin America, and Southeast Asia.
Q: What makes Eon Electric different from other electrical equipment companies?
Answer: The company has a diversified electrical products portfolio spanning lighting, cables & wires, and electrical consumer durables, along with an established presence in export markets.
Q: What are the key growth drivers for Eon Electric Ltd?
Answer: Growth is driven by increasing demand for electrical infrastructure, expansion in residential and commercial construction, exports, energy-efficient lighting solutions, and growth in power distribution projects.
Q: What factors affect the valuation of Eon Electric shares?
Answer: Valuation depends on revenue growth, profitability, export performance, order inflows, balance sheet strength, business turnaround prospects, and liquidity in the unlisted market.
Q: Are Eon Electric shares available in Demat form?
Answer: Yes. Shares purchased through WWIPL are transferred directly to the investor's Demat account and are available in NSDL and CDSL.
Q: Can I sell my Eon Electric shares through WWIPL?
Answer: Yes. WWIPL facilitates both buying and selling of unlisted shares, subject to market demand and share availability.
Q: What documents are required to buy Eon Electric shares through WWIPL?
Answer: Investors generally need PAN, Aadhaar, Client Master Report (CMR), and bank account details to complete the transaction.
Q: What are the risks of investing in Eon Electric shares?
Answer: Investors should consider business turnaround risk, financial performance, competitive pressure in the electrical equipment industry, regulatory developments, suspension-related risks, and liquidity constraints associated with unlisted shares.
Q: How does WWIPL help investors track Eon Electric investments?
Answer: WWIPL provides company updates, transaction assistance, market information, and investment insights to help investors stay informed.
Q: How long does it take for Eon Electric shares purchased through WWIPL to be credited to a Demat account?
Answer: Shares are generally transferred to the investor's Demat account after successful completion and verification of the transaction.
Q: What should investors evaluate before investing in Eon Electric Ltd?
Answer: Investors should assess the company's financial performance, product portfolio, export business, balance sheet strength, turnaround strategy, valuation, and long-term growth prospects.
Q: Can Eon Electric Ltd benefit from India's expanding electrical equipment market?
Answer: Yes. Rising investments in power infrastructure, smart cities, energy-efficient lighting, residential construction, and industrial electrification may create long-term growth opportunities for Eon Electric Ltd, provided the company successfully strengthens its operational and financial performance.
