Established in: 2003
Managing Director: Vikas Gupta
PG Electroplast Limited is a flagship company of the PG Group, which was established in 1977. However, PG Electroplast was established in 2003 and has become India’s leading and diversified Electronic Manufacturing Service provider. The company caters to over 50 Indian and global brands and specialises in Original Design Manufacturing (ODM), Original Equipment Manufacturing (OEM) and Plastics Injection Moulding
PG Technoplast Pvt Limited, which is a wholly owned subsidiary of PG Electroplast Limited, manufactures air conditioners, coolers, and components used in various consumer durables.
PG Electroplact Limited launched its IPO and went public in September 2011 with a total issue size of around ₹120.65 crores and a final issue price of ₹210 per share. The minimum lot size for application was 30 shares, which required a minimum retail investment of 6,300.
The PG Group was established in 1977, and it started as a small electronic components manufacturing unit in Delhi. In 1995, a TV was set up in Noida. As colour TVs gained popularity, the company started manufacturing colour TVs and audio products.
In 1999, the company opened a PCB assembly line in Noida. In 2003, PG Electroplast Limited was established, which specialised in Original Design Manufacturing (ODM), Original Equipment Manufacturing (OEM) and Plastics Injection Moulding.
The following are the business segments of PG Electroplast Limited.
Plastic Moulding This segment focuses on providing high-precision injection moulding. It manages the production of surface-critical components and post-moulding operations such as painting and sub-assembly.
Product Business PG Electroplast Limits is an Original Design and Equipment Manufacturer (ODM) for consumer durables and engages in designing, testing and manufacturing finished goods such as air Conditioners, semi-automatic and full automatic washing machines, air coolers, and LED televisions.
Electronics The electronics segment focuses on Printed Circuit Board Assembly (PCBA), mobile handset sub-assemblies and other electronic components used in consumer electronics, home appliances and automotive sectors.
Tool Manufacturing PG Electroplast Limited operates and manages multiple in-house design and mould manufacturing facilities. These facilities help the company to quickly create prototypes and custom tooling for clients.
The following are the subsidiaries of PG Electroplast Limited.
PG Technoplat Private Limited This is a wholly owned subsidiary of PG Electroplast Limited, which is considered a flagship for expanding the PG Group’s EMS operations and manufacturing of household appliances. The company has entered into an exclusive agreement with Spiro Mobility to manufacture EVs, lithium-ion batteries and other related components in India.
Next Generation Manufacturers Private Limited This company is a step-down subsidiary of PG Electroplast Limited, which specialises in manufacturing Air Conditioner components. In January, 2025, the company received significant approval under the Government of India’s Production Linked Incentive (PLI) Scheme for manufacturing home appliances such as washing machines, air conditioners and refrigerators.
PG Plastronics Private Limited This is a direct subsidiary of PG Electroplast Limited, engaged in plastics injection moulding and electronic sub-assemblies for the parent company.
Goodsworth Electronics Private Limited PG Electroplast Limited entered into a joint venture with Jaina Marketing & Associates and established a company called “Goodsworth Electronics Private Limited. This company is a manufacturing arm for producing LED televisions.
As of 15 Jun 2026, PG Electroplast share price is ₹483.30. The stock opened at ₹467.50, compared to its previous close of ₹459.00. During today's trading session, PG Electroplast share price moved in the range of ₹465.50 to ₹487.00, with an average price of ₹476.25 for the day. Looking at its last 52-week, the stock has touched a low of ₹465.50 and a high of ₹487.00. On the performance front, PG Electroplast share price has declined by 14.78% over the last six months and is down 36.21% on a year-on-year basis.
The market capitalization of PG Electroplast is ₹13,788 Crs, with a P/E ratio of 70.2 and a dividend yield of 0.05%.