Redington Ltd: History, Latest Updates, Milestones, Subsidiaries, and Share Price

Redington Ltd: History, Latest Updates, Milestones, Subsidiaries, and Share Price

INTRODUCTION

Founded in 1993, Redington Ltd has grown into one of India’s most prominent IT and mobility distribution companies. Starting with a single brand, the company has expanded its portfolio to over 290 international brands across technology, telecom, and consumer electronics. With a strong presence in India, the Middle East, Africa, and other emerging markets, Redington plays a vital role in enabling access to technology by bridging the gap between global tech manufacturers and regional markets.

 

Its innovative supply chain solutions, consistent growth, and expanding global footprint have earned it a solid reputation among investors. The Redington India Ltd share price often reflects the company’s operational strength, market confidence, and adaptability in a fast-evolving digital economy. In this article, we explore Redington’s evolution—its history, recent updates, key achievements, subsidiaries, and a closer look at the Redington share price.

 

Redington Ltd moves in 2025:

  • In FY2025, Redington Ltd recorded a strong performance with consolidated revenue crossing Rs. 99,562 crore, marking an 11% year-on-year growth.

  • The company’s Q4 FY25 revenue rose by 18% YoY to Rs. 26,510 crore, driven by robust demand in IT and cloud services.

  • Redington’s India unit grew 26% YoY, adding strong momentum to overall revenue.

  • Expansion in global markets continued, with strong performance from the UAE and steady results from Saudi Arabia and Africa.

  • The company’s cloud business grew over 40% YoY, positioning it as a key growth pillar in Redington’s digital transformation journey.

  • Redington focused on enhancing its technology services portfolio, moving beyond traditional IT distribution into advanced enterprise solutions.

  • The publication of its FY25 Business Responsibility and Sustainability Report demonstrated its commitment to ESG goals and transparency.

  • Regulatory filings and investor communications remained consistent, reflecting strong corporate governance.

  • The Redington India Ltd share price showed a positive trend in 2025, supported by stable financials and strategic business expansion.

  • Overall, Redington’s strategic moves in 2025 underscore its shift toward innovation-led growth, making the Redington share price a key indicator of investor confidence in its digital future.

 

Evolution of Redington Ltd: From Past to Present:

Past:

  • Redington Ltd was originally incorporated in 1961, but its transformation began in 1993, when it formally commenced operations as a technology product distributor. Co-founded by R. Srinivasan and R. Jayachandran, the company started with a limited portfolio, distributing brands like Epson and Samsung. As demand grew, Redington expanded to include global tech giants such as Compaq, Philips, Intel, and Microsoft.

In 1999, it ventured internationally with the creation of Redington Gulf, paving the way for operations across the Middle East, Africa, and CIS countries. By the early 2000s, Redington had evolved into a major player in IT supply chain solutions, known for its strong logistics network and vendor relationships.

 

Present:

  • Today, Redington is a diversified technology solutions provider, operating in over 30 countries and working with more than 235 international brands. Its business spans IT, mobility, cloud services, and enterprise technology.

In FY25, the company achieved Rs. 99,562 crore in consolidated revenue, with Q4 revenue growing 18% YoY. Cloud services grew 41% YoY, while its Technology Solutions Group expanded by 28% YoY—a clear indicator of its shift from traditional hardware distribution to full-scale digital and cloud offerings.

This strategic evolution has significantly influenced the Redington India Ltd share price, which reflects growing investor confidence in its tech-driven future and scalable global model.



Name

Redington India Ltd

Founded year

Incorporated on 2 May 1961 (as G.?Kewalram Private Limited); operations under Redington brand began in 1993

Chairman

Prof. J. Ramachandran

Subsidiaries

Redington Distribution Pte Ltd,ProConnect Supply Chain Solutions Ltd, Redington Gulf FZE,Arena Bilgisayar, and others

Headquarters

Chennai, Tamil Nadu, India

Sector

IT distribution, supply-chain/logistics, technology solutions, cloud, mobility

Nse code

                    REDINGTON

Bse code

                        532805

 

Timeline of  Redington Ltd :

Year

Milestone / Event

1993

Initiated IT distribution operations in India after acquiring Redington Pte Ltd’s local branch; began with HP products in southern and western regions.

1994

Broadened presence to northern India; commenced servicing IT hardware and distributed brands like Epson and Samsung.

1995

Started operations in eastern India; added Compaq and Philips to its portfolio.

1996

Onboarded Intel as a distribution partner, enhancing its processor offerings.

1997

Signed distribution rights with Microsoft to deliver licensed software solutions.

1998

Expanded IT offerings by partnering with global firms IBM, APC, and Canon.

1999

Established Redington Gulf FZE to serve the Middle East and Africa; adopted JBA ERP; earned CRISIL’s P1 rating for short-term debt.

2000

Entered value-added distribution to provide integrated tech solutions; CRISIL upgraded rating to P1+.

2002

Set up technical support call centers to manage Compaq Presario customers.

2003

Became an official distributor and service provider for Motorola mobile products.

2004

Synnex Mauritius made a strategic investment by acquiring 36% stake; acquired Redington Gulf FZE to strengthen regional operations.

2005

Took over Cadensworth India Ltd and Redington Distribution Pte Ltd; branched into consumer electronics and non-IT goods.

2006

ChrysCapital’s Mauritius-based arm, Beethoven Ltd, acquired an 11% equity stake.

2007

Listed on the National and Bombay Stock Exchanges; started distributing Apple products; launched repair facilities in Chennai.

2008

Ranked among top 60 global tech firms; invested $65M in MEA region; acquired Easyaccess Financial Services; entered BlackBerry distribution.

2009

Launched a modernized distribution hub in Chennai; began third- and fourth-party logistics operations.

2010

Acquired minority stake in Arena; launched Nook Micro Distribution; secured ISO 9001:2008 from TUV NORD.

2011

Attracted Standard Chartered PE investment (11.99% stake); tied up with EMC to distribute storage solutions.

2012

ProConnect Supply Chain Solutions Ltd was formed as a standalone logistics entity; consolidated MEA equity structures.

2013

Acquired majority control (51%) of Adeo IT Consulting in Turkey to expand European footprint.

2014

Disposed of Easyaccess; spun off its service division into Ensure Support Services; invested in LinkPlus, Turkey (Oracle distributor); rolled out RedCloud platform and CSR activities.

2016

Nook Micro Distribution was fully merged into Redington, streamlining its operations.

2017

Cadensworth India Ltd merged into the parent company for unified operations.

2018

Shifted governance to a board-led structure; ProConnect diversified into pharma logistics; introduced new logo; celebrated 25 years of service.

2019

Classified by SEBI as a non-promoter driven listed firm, commercial papers listed; RCS absorbed under ProConnect.

2020

Acquired full ownership of Auroma Logistics via ProConnect; divested Ensure Support Services unit.

2021

Strengthened presence in Turkey through the acquisition of Brightstar.

2022

Launched RedServ Global Solutions Ltd to manage shared service operations; opened its new flagship headquarters in Chennai.

2023

Recognized for gender inclusivity, Redington received the “Best Organization for Women” award.



Inside Redington Ltd: 

Redington Ltd

Corporate actions: Since July 18, 2007, Redington India Ltd has issued a total of 22 dividends. Over the last year alone, the company offered an equity dividend of Rs. 6.80 per share. Based on the current Redington India Ltd share price of Rs. 300.95, the dividend yield works out to approximately 2.26%, reflecting the company’s consistent payout policy. Investors tracking the Redington share price dividend performance may find this yield attractive for long-term holdings.

 

Main News:

  • July 2025: Redington signed a REAP agreement with Amazon Web Services, enabling it to extend AWS benefits to its partner network. 

 

  • May 2025: Redington's March quarter revenue rose 25.08% YoY to Rs. 131,213.6 million, with net profit up 30.44% at Rs. 2,094.5 million. Strong results may boost the Redington share price.

 

  • April 2025: Redington entered a strategic alliance with US-based cybersecurity company Banyan Cloud to drive the adoption of secure cloud infrastructure across India.



Current Redington share price NSE:

COMPANY NAME

SECTOR

SHARE PRICE LINK

Redington India Ltd

IT Sector

Redington India Ltd share price

 

Achievements and Milestones:

Here’s a concise table of Redington Ltd’s most recent awards and recognitions.

 

Year

Award / Recognition

Presented By

2024

Excellence Recognition 2024

Fortinet

Happy Companies To Work For

World HRD Congress

Best Icon Distributor of the Year 2024

Veeam

2023

The Most Technology Oriented Value Added Distributor for 2023-24

NCN Magazine

Best Organization for Women

Femina & ET Edge

Redington bagged Juniper’s 2023 title for top APAC distribution partner.

Juniper

2022

Honored as Juniper’s Top Distributor – APAC & Japan, 2023.

AWS Partner Awards

Named ‘Best Distributor’ for Operational Excellence – FY 2022.

AMD

APJ Partner of the Year

Dell Technologies



CONCLUSION

Redington Ltd’s transformation into a global tech enabler is marked by its innovation-led strategy, strong financial performance, and commitment to digital growth. Recent milestones—such as the AWS REAP partnership and robust Q4 results—underscore its momentum. As Redington continues to scale across cloud and enterprise solutions, the Redington share price remains a strong indicator of investor confidence and the company’s forward-looking trajectory.

 

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Frequently Asked Questions:

 

  1. Where can I find real-time updates on the Redington share price?

Check the latest Redington share price and live stock updates on Enrich Money’s stock here.

 

  1. How has the Redington share price moved over the past 52 weeks?

The Redington share price hit a 52-week high of Rs. 334.80 and a low of Rs. 158.61, showing strong movement in the Redington share price over the year.

 

  1. What influences the Redington share price the most?

The Redington share price is driven by strong Q4 profits, 41% cloud business growth, and strategic deals like the 2025 AWS REAP partnership.

 

  1. Is the Redington share price a good indicator of its digital growth strategy?

Yes, the Redington share price often reflects the company's pivot toward digital transformation, especially with its 41% YoY growth in cloud services and its expanding enterprise technology offerings.

 

  1. How does Redington India Limited share price respond to global market performance?

The Redington India Limited share price is sensitive to its global operations, particularly in the Middle East and Africa. Strong overseas performance, like consistent growth from the UAE and Africa, can positively influence its stock value.

 

  1. Can Redington India Ltd share price be impacted by dividend announcements?

Yes, dividend payouts like the recent Rs. 6.80 per share can lift investor sentiment and influence the Redington share price over time.



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