Saturday, August 18, 2012

Opto Circuit:

- Makers of Medical equipment & Intraventional devices.
- Products marketed in over 150 countries
- Specialises in Cardiac and Vital Signs Monitor, emergency cardiac care, Vascular treatments and sensing technologies.
- Manufacturing facilities in India, US and Malaysia.
- In FY2011, it acquired three companies, NS Remedies P Ltd, Unetixs Vascular and Cardiac Science.
- Was planning to float an IPO of Opto Eurocor Health care to raise upto Rs.1000 Cr. But dropped it due to challenging market conditions. Whenever this happens, it is likely to strengthen its balance sheets.
- Set revenue target of US$ 1 Billion by 2015, with topline growth of 20% to 25%.
- Out of last 12 years, the company issued bonus shares in 7 Years.

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