Creative Newtech Limited was originally incorporated in Mumbai as 'Creative Peripherals and Distribution Private Limited', as a Private Limited Company dated September 22, 2004. Later, the name of the Company was changed to 'Creative Peripherals and Distribution Private Limited' on June 15, 2005. Subsequently, it converted into a Public Limited Company dated March 1, 2017 and name of the Company was changed to 'Creative Peripherals and Distribution Limited'. Further, the Company was taken on new identity from Creative Peripherals and Distribution Limited to Creative Newtech Limited on June 11, 2021.
The Company is a well-established company in India's Information and Communication Technology distribution market. Through a robust network of partners and distribution channels, Company has made a strong foothold in the IT distribution market in the country. The Company has an omni-channel network across all three channels of online, offline and retail trade. It specializes in market entry and penetration for global brands.
Apart from global brands, Company offers demographic intelligence, and enables the formulation and execution of marketing strategies for its clients. It operates a seamlessly connected network of over 18+ global warehouses, strategically located in high-demand hubs such as Mainland China and Dubai. These brands encompass a wide range of applications and help the Company to cater to a broad array of customers, both in the consumer and industrial business ...es.
The Company also operate in four broad product categories: distribution of fast moving social media gadgets (FMSG), fast moving consumer technology (FMCT), fast moving electronics goods (FMEG) and Enterprise business (EB).
The Company came out with a Public Issue in April, 2017 consisting a Fresh Issue of 18,00,000 Equity Shares and by raising capital aggregating to Rs 13.5 Crores.
In 2018-19, the Company entered into an agreement with Thermaltake Technology Co. Ltd. to sell and market the latter's brand of products in India. It launched two new variants of wireless chargers under the Honeywell brand. It launched the latest brand, GoPro Cameras in India. It expanded its Trademark Licensing agreement with Honeywell with geographic expansion to Middle East countries.
In 2019, it signed exclusive distribution agreements with Panasonic, PNY Technologies, Cooler master, BaByliss among others; started contract manufacturing with the first Honeywell certified facility in India. It launched CKart-digital B2B platform for customers' chain in supply during the year 2021.
FAQs on Creative Newtech Ltd
1. Can I buy Creative Newtech Ltd from PL Capital? ›
Yes, you can invest in Creative Newtech Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Creative Newtech Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Creative Newtech Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Creative Newtech Ltd pay dividends? ›
Yes, Creative Newtech Ltd has a consistent history of rewarding its shareholders through dividend payouts. Dividend frequency and amounts vary depending on the company’s financial performance and board approvals. Investors holding Creative Newtech Ltd shares on the record date announced by the company are eligible to receive dividends directly into their bank accounts linked with their Demat holdings.
3. What is the current share price of Creative Newtech Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Creative Newtech Ltd. is ₹ 694.85 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Creative Newtech Ltd ? ›
The 52-week high and low of Creative Newtech Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
