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PPAP Automotive > Company History > Auto Ancillaries > Company History of PPAP Automotive - BSE: 532934, NSE: PPAP
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PPAP Automotive

BSE: 532934|NSE: PPAP|ISIN: INE095I01015|SECTOR: Auto Ancillaries
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Company History - PPAP Automotive
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 i
 ndustries 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
 
 
 
 
Source : Dion Global Solutions Limited
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