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 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.
