Electronica Group started by S. R. Pophale, P. K. Ratnaparkhi, and R. K. Ratnaparkhi began its operations with manufacturing of First Indigenous EDM
Electronica Group entered into trading activity for CNC Metal Cutting Machines
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 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
1500th Imported Machine delivered
Electronica Finance Ltd. registered with RBI as a Non-Banking Finance company
Electronica Finance Ltd. tied up with all leading Machine Tool Companies in India for financing their machines
Start of trading of CNC Metal Forming Machines
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
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
Group was divided into 3 distinct verticals for succession planning. Later on SRP Group went into following Businesses:
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
Launched Electronica Make Entry Level CNC Lathes
A management case study on Electronica Finance Ltd. written by Asst. Prof. at NIBM was published in the prestigious IIM Ahmedabad Journal
A management case study on Electronica Finance Ltd. written by Asst. Prof. at NIBM was published in the prestigious IIM Ahmedabad Journal
A management case study on Electronica Finance Ltd. written by Asst. Prof. at NIBM was published in the prestigious IIM Ahmedabad Journal
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