Quantum Digital Vision India Ltd share Price Today

Originally promoted by S S Poddar as Ceeta Springs & Steels Pvt Ltd in Apr.`80, Quantum Industries (I) was acquired by the present promoter - Himalay Dassani in 1994. The company was converted into a public limited company in 1986. It commenced commercial production of laminated leaf springs in 1984. The company has been renamed Quantum Digital Vision India Ltd in view of its foray into media, entertainment and IT related services during 1999-2000. The company manufactures leaf springs for the automotive sector, at Attipattu, Tamilnadu. The unit has an installed capacity of 2400 tpa of leaf springs. The product is marketed under the Ceeta brand name. In 1995, the company undertook a project to increase the installed capacity of the laminated leaf springs to 3000 tpa and also to set up a 100% EOU in the Raigad district of Maharashtra, to manufacture polymer bags with a capacity of 2500 tpa. The project was financed through a public issue made by the company in Mar.`95. The location of the project was changed to Silli, Silvassa, due to which the project is getting delayed. The company has a marketing arrangement with Exim, US, an international marketing organisation dealing in plastics, metals and chemicals. As per the arrangement, the company`s products will be marketed by Exim in the US. As a part of Diversification the company enters into media industry by obtaining industrial status from GOI. To provide contents and Software to Satellite channels it has started operating separate division and this division has undertook production of Serials,episodes,Sop-operas with major channels like Sahara and others.