Enter the first few characters of Company and click 'Go'

PPAP Automotive Ltd. Company History and Annual Growth Details

Our Company was originally incorporated on April 3rd, 1978 as a partnership firm by three
partners viz. Devendra Chandra Jain (HUF), Ms Asha Jain and Ms Vinay Kumari Jain in
the name and style of M/s Precision Pipes and Profiles Company, having office at 4498,
Raja Patni Street, Pahari Dhiraj,Sadar Bazar, Delhi, with the intention of
carrying out business of manufacturing of profiles and plastic goods and other products.

Our Firm was converted into a public limited company vide certificate of incorporation dated
October 18, 1995 under Part IX, of the Companies Act, 1956 under the name of M/s Precision Pipes and Profiles Company Ltd. Our Company got the certificate of commencement of business from the Registrar of Companies, Delhi & Haryana on November 1, 1995.

Our first manufacturing unit was established in the year 1978 in Mayapuri Industrial Area, Delhi which was shifted to 54-56 Okhla Industrial Estate Phase III, New Delhi in the year 1980. This unit manufactures customized profiles for white goods and construction industries. The present capacity of this unit stands at 7,50,000 kg.

In the year 1989, we entered into a technical collaboration agreement with Tokai Kogyo Company Limited, Japan. Later in the year we established a manufacturing unit with installed capacity of 1,20,000 kg (which presently stands at 3,00,000 kg) at 161, Okhla Industrial Estate, Phase III, New Delhi for the manufacturing of PVC profiles to be used in the automobile industry.

In the year 1992, we established another manufacturing unit at 70, Okhla Industrial Estate , New Delhi for manufacturing of PVC profiles for automobile industries to add further capacity of 30,000 kg (which presently stands at 10,00,000 kg). In the year 1998, we established our fourth plant at B-45, Phase -II, Noida adding further capacity of 7,00,000 kg. The current capacity of this unit is 15,00,000 kg

In the year 2004, we established our fifth plant at B-206 A, Sector -81, Phase - II, Noida, with a
capacity of 12,00,000 kg.

The current combined capacity of all our units aggregates to 47,50,000 kg.

We were awarded ISO 14001 Certification by TUV, Germany for automobile products. We were awarded ISO 14001 Certification by TUV, Germany for White Goods Industry in the year 2004. Our Company has been awarded SME-IRating by CRISIL in the year 2006 and it
has been renewed in the year 2007. We have also been selected among the top 3 entries in "ICICI Bank presents CNBC TV 18's Emrging India Awarsd - Auto Ancillary and
Engineering.

Major events in the history of our Company since inception

Year Event
1978 The Company was incorporated as a Partnership firm in the name of Precision Pipes and ProfilesCompany.

1978 Commencement of manufacturing of specialty profiles for white good industry from MayapuriIndustrial Area, New Delhi.

1980 Plant Shifted to 54-56, Okhla Industrial Estate, Phase III, New Delhi.

1985 Commencement of manufacturing of Automotive parts for Maruti Udyog.

1989 Technical collaboration agreement with Tokai Kogyo Company Limited, Japan

1989 Establishment of Unit II at 161, Okhla Industrial Estate, New Delhi

1992 Diversification of Product range, commencement of Weather shield/ Molding belt assembly and windshield Molding production for Maruti Udyog.

1992 Establishment of Unit III at 70, Okhla Industrial Estate New Delhi

1994 Best Performing Vendor Award for technology group viz., Plastic Extrusion & Assemblies Category A from Maruti Udyog

1995 Partnership firm converted into a Public Limited Company under Part IX of the Company Act 1956.

1995 Best Performing Vendor Award for technology group, viz., Plastic Extrusion & Assemblies Category A from Maruti Udyog

1996 Commencement of 4th plant at B-45, Phase -II, Noida.

1996 Best Performing Vendor Award for technology group, viz., Plastic Extrusion & Assemblies Category A from Maruti Udyog

1997 Best Performing Vendor Award for technology group, viz., Plastic Extrusion & Assemblies Category A from Maruti Udyog

1999 Best Performing Vendor Award for technology group, viz., Plastic Extrusion & Assemblies Category Afrom Maruti Udyog

1999 Supplier award for outstanding performance in the category of delivery from Honda SIEL Cars India Limited

2000 Supplier award for outstanding performance in the category of delivery from Honda SIEL Cars India Limited

2001 "Vendor Performance Award" for excellent over all performance from Maruti Udyog Limited

2001 "Silver Award" for quality, cost and delivery in the spare parts category from Honda SIEL Cars IndiaLimited

2002 ISO 14001 Certification by TUV, Germany

2002 TS 16949: 2002 Certification by AIB Vincotte, Belgium.

2002 "Gold Award" for quality, cost and delivery in the spare parts category Honda SIEL Cars India Limited

2003 Commissioning of inhouse tool room facility and stretch bending machine

2003 Award from Krishna Maruti for Delivery Performance.

2003 "Silver Award" from Honda SIEL Cars India Limited for achieving second position in the category of delivery

2004 Supplies started to General Motors India Pvt. Ltd.

2005 Manufacturing agreement signed with Power & Data Corporation Pty. Ltd. Sydney, Australia formanufacturing Copper Conductors and other power line products

2005 Supplies started to Toyota Kirloskar Motor Pvt. Ltd. and commencement of Weather Strip Production in TPO for Maruti Udyog
.
2005 OHSAS 18001 Certificate from TUV Management Service GmbH.

2005 "Outstanding Overall Excellence Award' from Maruti Udyog Limited for our efforts and superiorperformance

2005 Manufacturing Agreement with Power and Data Corporation Pty Ltd, Australia

2006 ISO 14001 Certification by BSI Management System, London for White Goods Industry.

2006 Receipt of SME -1 CRISIL Rating

2006 "Commendable Performance Award" from Honda Motorcycle & Scooter India (P) Limited for achieving the quality and delivery target

2006 Land purchased at B-4, Surajpur Industrial Area -V, Greater Noida for expansion of project.

2006 Certificates from Toyota Kirloskar Motor Pvt. Ltd for achieving targets in the categories of Cost, Quality and Delivery

2006 "Best Quality Supplier Award" as well "Zero PPM Award" in recognition of our outstanding contribution by achieving zero defect supplies from Toyota Kirloskar Motors Pvt. Ltd.

2006 "Outstanding Overall Excellence Award" in recognition of our efforts and superior performance from Maruti Udyog Limited

2007 Renewal of SME-I Rating from CRISIL.2007 Selection of Company in the top three list
under Emerging India Awards (CNBC) in Auto ancillary and Engineering Sector

2007 Award of excellence for Outstanding Overall Performance from Krishna Maruti

2007 Automotive Parts Licensing Agreement with Nissen Chemitec Corporation

2008

-Precision Pipes And Profiles Company Limited has informed that Mr. Dinesh Gupta, Chief Finance Officer of the Company, has been given an additional charge of Company Secretary cum Compliance Officer by the Board of Directors of the Company.

2010

- Precision Pipes and Profiles Company Ltd has appointed Mr. Ashoak Agarwal as Non-Executive independent Director of the Company with effect from March 15, 2010.

2011

- The Board of Directors have declared the interim dividend of Rs. 2 per share having face value of Rs. 10/- each (i.e. 20%) for the financial year.

2013

-Mr. Bhuwan Kumar Chaturvedi and Ms. Vinay Kumari Jain have been appointed as Additional Directors of the Company.

2014

-Name of the Company has been changed from Precision Pipes and Profiles Company Limited to PPAP AUTOMOTIVE LIMITED with effect from May 16, 2014

2015
-PPAP Automotive Ltd has received "SILVER AWARD" in the category of 'DELIVERY' from Honda Cars India Limited

2017
-PPAP Automotive bags Economic Times Polymers Awards.
-PPAP Automotive - Award for Excellence in Automotive category in the small Enterprises.

2018
-The Company has received the 'Silver Award for Delivery' from Honda Access India Private Limited.
-"The Company has received the "Overall Performance Award Shield" from Maruti Suzuki India Limited".

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article