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Kranti Industries Ltd.
Kranti Industries
Kranti Industries Ltd. live price is ₹ 0.00. Price change 0.00, 0.00 percent.
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Automobile & Ancillaries
Small-cap - With a market cap of ₹56.58 Cr.
Subsidiaries
No Subsidiaries Data available
Management
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Company Profile
The company was incorporated on December 5, 1995, as ‘Kranti Precision Tools Private Limited’ under the provisions of the Companies Act, 1956 with the Registrar of Companies, Bombay, Maharashtra. It subsequently changed the name of Company from ‘Kranti Precision Tools Private Limited’ to ‘Kranti Industries Private Limited’ pursuant to shareholders resolutions passed at the Extra Ordinary General Meeting held on February 8, 2002. A fresh Certificate of Incorporation consequent upon name change was granted to the Company on March 11, 2002 by the Registrar of Companies, Pune, Maharashtra. Subsequently, the Company was converted into public limited company pursuant to shareholders resolution passed at the extra ordinary general meeting held on July 31, 2015 and the name of Company was changed to ‘Kranti Industries Limited’ vide a fresh Certificate of Incorporation dated August 17, 2015 issued by the Registrar of Companies, Pune.
Business area of the Company:
The Company is engaged in the business of manufacturing and supplying of precision machined components. With an operating history of more than two decades, it is primarily known for range of automotive component and non-automotive (off highway) components. It manufactures various automotive components varying from 100 MM to 1200 MM in size. It manufactures customized products for reputed Original Equipment Manufacturers (OEMs) of diverse industries such as passenger cars, electric cars, two wheelers, tractors, construction machineries, railways, light vehicles, off-highway, heavy trucks etc. Over the years, the Company has diversified its product portfolio. It currently caters to various sectors by developing components for automobile, commercial vehicle, construction, pneumatic tool, windmill, medical industry, etc.
Major Events and milestones:
- 1995: Incorporation of the company.
- 2002: Change of Name of company from ‘Kranti Precision Tools Private Limited’ to ‘Kranti Industries Private Limited’.
- 2003: Acquisition of factory land at Pirangut Pune.
- 2004: Commencement of factory and installed first Horizontal Machining Center line for machining of Gear Box Housings for Tractors.
- 2004-2010: Developed State of Art Plant with Machines for catering various needs of customers.
- 2010: Acquisition of Additional factory land at Pirangut Pune.
- 2011: Constructed a State of Art Factory building, Installed and Productionized machines to enhance the capacity.
- 2013: Acquisition of Wonder Precision Private Limited as Subsidiary Company.
- 2014: Diversified the focus from Tractor industries and developed parts for Construction, Auto, commercial Vehicle, Pneumatic Tools, Wind Mill and Medical Industry.
- 2015: Conversion of the Company from Private Limited Company to Public Limited Company.
- 2015: Receipt of Quality Management System Certificate ISO/ TS 16949:2009 and ISO 9001:2008 from Kiwa Cermet Italia.
- 2018: Receipt of Quality Management System Certificate IATF 16949:2016 and ISO 9001:2015 from Kiwa Cermet Italia.
- 2018: Entered a joint venture agreement with Steel Forge Cast Industries for the purpose of carry on the business of Machining of forging and casting components.

