Nanta Tech Ltd IPO

About Nanta Tech Ltd

Our Company was originally incorporated under the name Nanta Tech Private Limited under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated June 26, 2023, issued by the Asst. Registrar of Companies, Deputy Registrar of Companies Central Registration Centre. Subsequently our Company acquired the business of one of our promoters, Jani Mansiben Mayankkumar, MNT Technologies' on a going concern basis, through a Business Transfer Agreement dated February 20, 2024. Further the status of the Company was changed to public limited and the name of our Company was changed to Nanta Tech Limited vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting of our Company held on June 10, 2024. The fresh certificate of incorporation consequent to conversion was issued on July 26, 2024, by Asst. Registrar of Companies, Deputy Registrar of Companies Central Registration Centre. The Corporate Identification Number of our Company is U26405GJ2023PLC142367.

The Electronics System Design & Manufacturing (ESDM) industry includes electronic hardware products and components relating to information technology (IT), office automation, telecom, consumer electronics, aviation, aerospace, defence, solar photovoltaic, nano electronics and medical electronics. The industry also includes design-related activities such as product designing, chip designing, Very Large-Scale Integration (VLSI), board designing and embedded systems. India witnessed a substantial spike in demand for electronic products in the last few years; this is mainly attributed to India's position as second-largest mobile phone manufacturer worldwide and surge in internet penetration rate. The Government of India attributes high priority to electronics hardware manufacturing, as it is one of the crucial pillars of Make in India, Digital India, and Start-up India programs. The Electronics System Design & Manufacturing (ESDM) sector plays a vital role in the government's goal of generating US$ 1 trillion of economic value from the digital economy by 2025. With various government initiatives aiming to boost domestic manufacturing, India has already started witnessing initial movement with increased production and assembly activities across products such as mobile phones and other consumer electronics.

Our Company is engaged in the business of Audio Visual (AV) integration, supply and distribution of AV Products, Service Robots and Software Development related services. We provide comprehensive, end-to-end AV integration solutions which includes system design, integration and management and on-site support. Our diverse portfolio of customized offerings and our ability to tailor solutions of both large scale and small-scale clients to meet the specific requirements of each client have helped us build a loyal customer base across a broad spectrum of industries. We are offering our customized solution to various sectors such as corporates, education, hospitality and manufacturing industry and others. Our offerings play a vital role in driving digital transformation across sectors.

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