Group Milestones


1973:
Electronica Group
started by S. R. Pophale, P. K. Ratnaparkhi, and R. K. Ratnaparkhi began its operations with manufacturing of First Indigenous EDM
1983:
Electronica Group
entered into trading activity
for CNC Metal Cutting Machines
1993: Beginning of Electronica Finance Ltd. that went on to become the Non-Banking Finance Company (NBFC) in India,catering to Micro, Small & Medium Enterprises for Equipment / Machine Finance
This year also saw the start of Electronica Tough Carb Ltd. for manufacturing Tungsten
Carbide Products with the First Sinterhip Furnace in the Country
1997:
1500th Imported Machine delivered
1998:
Electronica Finance Ltd. registered with RBI as a Non-Banking Finance company
2002:
Electronica Finance Ltd. tied up with all leading Machine Tool Companies in India for financing their machines
2004:
Start of trading of CNC Metal Forming Machines
2006:
Electronica Finance Ltd. Classified as Asset Finance Company by Reserve Bank of India
Electronica Finance Ltd. recognized by SIDBI as Co-branding partner to extend their reach to Micro, Small & Medium Enterprises
2007:
Formation of a separate Group Company - Electronica HiTech, to focus on trading activity of Metal Cutting& Metal Forming Lines
Start of CNC Sheet Metal Component Manufacturing Unit by the name of Electronica HiTech Engineering Pvt. Ltd. at Urawade near Pune
2008:
Group was divided into 3 distinct verticals for succession planning. Later on SRP Group went into following Businesses:
- Electronica HiTech Machine Tools 
Pvt. Ltd.  - Electronica Finance Ltd.
- Electronica Tough Carb Ltd.                              - Electronica HiTech Engineering Pvt Ltd.
- SRP Tungsten Pvt. Ltd.                                      - Amigos (Entertainment Division)
Electronica Finance Ltd. is classified as Non-Deposit taking Systematically Important
(ND-SI) NBFC as its asset base crossed Rs. 100 Cr mark.
Electronica Finance Ltd. is recognized by WORLD BANK for exclusive work in MSME Segment in India
2009:
Launched Electronica Make Entry Level CNC Lathes
2010:
A management case study on Electronica Finance Ltd. written by Asst. Prof. at NIBM was published in the prestigious IIM Ahmedabad Journal
2011:
A management case study on Electronica Finance Ltd. written by Asst. Prof. at NIBM was published in the prestigious IIM Ahmedabad Journal
2012:
A management case study on Electronica Finance Ltd. written by Asst. Prof. at NIBM was published in the prestigious IIM Ahmedabad Journal
2014:
Electronica Finance LTD. achieved Rs. 600 Cr. Asset Under Management (AUM)
Formally created separate CSR Cell to work on CSR initiative of the SRP Group