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A Oneindia Venture
Sensex 78,205.98 +0.82%
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22k Gold ₹ 14,885 /gm
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Silver ₹ 2,90,000/kg
|
Petrol ₹ 103.54
|
Diesel ₹ 90.03
|
Crude Oil $92.18
|
USD ₹ 91.96
|
Sensex 78,205.98 +0.82%
|
Nifty 24,288.15 +1.08%
|
22k Gold ₹ 14,885 /gm
|
Silver ₹ 2,90,000/kg
|
Petrol ₹ 103.54
|
Diesel ₹ 90.03
|
Crude Oil $92.18
|
USD ₹ 91.96
|
Sensex 78,205.98 +0.82%
|
Nifty 24,288.15 +1.08%
|
22k Gold ₹ 14,885 /gm
|
Silver ₹ 2,90,000/kg
|
Petrol ₹ 103.54
|
Diesel ₹ 90.03
|
Crude Oil $92.18
|
USD ₹ 91.96
Quotes

Shriram Pistons & Rings Ltd. Company History and Annual Growth Details

1972 - Year of Incorporation Sales Turnover – Rs. 3 Million
Technical Collaboration with KS KolBenschmidt GmbH, Germany

1978 - Technical Collaboration with Riken Corporation, Japan

1989 - Technical Collaboration with Honda Foundry Co. Ltd., Japan

1993 - Sales Turnover of Rs. 500 Million
Technical Collaboration with Fuji Oozx Inc., Japan
Commencement of Engine Valves Manufacturing

1994 - Received ISO 9001 Certificate from TUV, Germany

1995 - Start of Manufacturing – Steel Rings

1996 - Sales Turnover of Rs. 1000 Million

1999 - Received QS 9000 Certificate from TUV, Germany

2001 - Received ISO 14001 Certificate from DNV, Netherland Achieved production of 2 Million Rings per month – Dec 2000 

2004 - Received TPM Excellence Award from JIPM, Japan (First in its category to achieve this award)

2006 - Established three new piston machining lines to meet the requirement from Global OEMs (Ford, Renault etc.) Achieved production of 1 Million Engine Valves – September 2005

2007 - Received TPM Special Award from JIPM (First in its category to achieve this award)
Sales Turnover of Rs. 5000 Million

2008 - Received Q1 Certification from Ford Motors Recognition of In-house R&D Centre by DSIR (Dept. of Scientific & Industrial Research), Govt. of India Start of Manufacturing – IP Rings (Ion Plated)
Achieved production of 1 Million Pistons per month – Jan 2008
Achieved production of 5 Million Rings per month – Feb 2008

2009 - Start of manufacturing large dia Engine Valves for Railways and off-road vehicles

2010 - Sales Turnover of Rs. 7500 Million
SPR becomes the largest manufacturer of Piston Rings in India
Start of manufacturing – CPC Rings (Composite Plating of Chrome)
Achieved production of 2 Million Engine Valves per month – July 2009

2011 - Start of production at Pathredi Plant

2014 - SPR inaugurates Tech Centre on 4 th February, 2014
SPR opens a new sales office in Chennai on 28 th October, 2014

2015 - Became OEM supplier to JLR

2016 - Achieved a milestone turnover of 14100 million Rupees


2023

-Company has issued Bonus Shares in the Ratio of 1:1.


2024
-Shriram Pistons & Rings Completed Acquisition of TGPEL Precision Engineering Limited through SPR Engenious Limited.
- Inaugration of 4th Plant @ Pithampur (MP).



2025
-The Company has entered into a Share Purchase Agreement with existing shareholders of Karna Intertech Private Limited to acquire 100% equity stake in Karna.

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

More Information on Shriram Pistons & Rings Ltd.

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