Pricol Limited

Pricol Limited

Company limited by Shares (2) 2408+ employees

Pricol Limited Description

Pricol Limited was established in the year 1972. The company's production started in the year 1975. The company was initially known as Pricol Pune Limited but later changed to Pricol Limited in the year 2016. The company has its headquarters in Tamil Nadu. The operations carried out by the company includes driver information system products, power train products, sensors & switches, telematics & infotainment and fleet management systems. The variety of products that are manufactured by the company includes: gauges, oil pumps, chain tensioners, vacuum switch, speed sensors, auto fuel cock, telematics products, pressure relief valves, water pumps, speed limiter, cab tilting systems and various others. The company provides products for motorcycles, scooters, trucks, buses, tractors and others that are used in construction and industrial segments. The company also manufactures products for Fleet Management Solutions. The company has six manufacturing plants in the country. Three of the plants are in Coimbatore, one is in Manesar, and the rest are in Rudrapur. The company also has plants overseas like Jakarta, Indonesia, and Brazil. The company also has business offices in Tokyo, Singapore, Cologne and Detroit. The company has a long list of customers that includes big brands like Yamaha, Honda, Bajaj, Royal Enfield, Mahindra, TATA, Maruti Suzuki, General Motors, Renault Nissan, Toyota, Daimler, John Deere, Force Motors, Swaraj Mazda, Ashok Leyland, Piaggio, Volvo and various others. The company's tooling requirement includes more than 800 moulds and dies every year. The tool room has highly qualified, manufactured technicians and experienced designers that make plastic moulds and press tools according to the customer specifications with the help of state-of-the-art machines. The solutions that are offered are mould testing, FIA Report & Documentation, mould & press tool design and mould & tool manufacturing. The company specializes in progressive tools, combination tools, compound tools and draw tools. The company believes that final product quality begins with design.

Pricol Limited Overview

Address
CPM Towers, 109, Race Course, Coimbatore 641029, Tamil Nadu
COMPANY SIZE
5121+ employees
CIN
L33129TZ1972PLC000641
TYPE
Public
CATEGORY
Company limited by Shares
SUB-CATEGORY
Non-govt company
WEBSITE
http://www.pricol.co.in
EMAIL
cs@pricol.co.in
FOUNDED
06 Mar,1972
PAID-UP CAPITAL
94,800,000
AUTHORISED CAPITAL
482,000,000
ACCREDIT
ISO/TS 16949, E-Mark
21 Related OEMs
4 No. of plants

Company Breakup

Name share
Foreign Holdings
1.21%
Others
0.01%
Bodies Corporate
29.90%
Mutual Funds
2.87%
Individuals
62.77%
Venture Capital Funds
2.85%
Banks
0.40%
Total Number Of Shareholders 57969
Shareholding As On 2016-08-17

Pricol Limited in News

17 Feb 2023

India's Minda Corp acquires 15.7% stake in Pricol for $48 mn

The open market transaction took place at an average price of 208.9820 rupees per share, Minda corp said in an exchange filing. "This is merely a financial investment without providing the company any special rights in Pricol Ltd other than the rights as a shareholder," Minda said.

04 Aug 2022

Pricol profit jumps over six-fold to INR 15.92 crore in April-June

Despite such tough external conditions, the company managed to achieve a performance better than the market, and with new opportunities of growth areas identified combined with new business orders, it stays committed to deliver a consistent performance overall, he said.

04 Oct 2017

Pricol ties up with China's Wenzhou Huirun for fuel pumps

New Delhi, Oct 4 () Auto components maker Pricol today said it has signed an agreement with China-based Wenzhou Huirun Electrical Machinery for technical collaboration, supply and production of fuel pumps and its modules in India.

08 Jul 2017

Pricol defends salary cut for 'unauthorised absenteesim'

Vikram Mohan, MD, Pricol said, "As per rules we had deducted eight days salary for 800 employees belonging to Kovai Mavatra Pricol Thozhilalar Otrumai Sangam - affiliated to AICCTU, for 'unauthorised mass absenteeism' on April 25 in support of farmers' issue

30 May 2017

Pricol Limited reports bottom line growth of 41.1% in FY17

"Continuing our performance from the previous financial year, we have retained our standalone total revenue at INR 12,684.27 Million in FY 2016-17, despite market fluctuations. We are positive about the upcoming year (FY 2017-18) and looking forward to cross key milestones in line with our Vision 2020." said Vikram Mohan.

02 Dec 2016

Pantnagar industries suffer Rs 300 crore loss after note ban

Industries in Pantnagar area are estimated to have suffered a loss of over Rs 300 crore after the Centre banned denominations of Rs 500 and Rs 1,000. The production has also declined by 35% in many of the 452 industrial units in the industrial estate. The worst hit are automobile factories and those involving consumer goods.

Directors of Pricol Limited

Name DIN Email Designation Date of joining
Sriya Chari Unlock to View Unlock to View Director 27 May,2016
Sriya Chari Unlock to View Unlock to View Director 27 May,2016
Vijay Mohan Unlock to View Unlock to View Director 02 Aug,2013
Soundararajan Gopal Unlock to View Unlock to View Director 31 Jul,2009
Krishnamoorthyrao Muralimohan Unlock to View Unlock to View Director 31 Jul,2009
Vikram Mohan Unlock to View Unlock to View Managing Director 29 May,2009
Ramani Vidhya Shankar Unlock to View Unlock to View Director 21 May,2005
Vanitha Mohan Unlock to View Unlock to View Wholetime Director 28 May,1999
Cherukoori Ramaswamy Naidu Swaminathan Unlock to View Unlock to View Director 25 Dec,1990
Suresh Jagannathan Unlock to View Unlock to View Director 28 Jul,1984

Pricol Limited deals in:

Components

A component is a part or element that make up a whole machine. In the automotive industry, a vehicle comprises of a number of different components, which when put together, makes up a whole vehicle. Following is the list of the important automotive components:-

Processing Technologies

Process technology is the heart of all industries which involves the production of goods from the raw material. The technology process in the automotive industry comprises of the dies (plastic mold, die casting mold, casting, stamping die and forging die), along with the metal forming process, assembly/welding, surface treatment/heat treatment, industrial application/rubber parts, jig & tools and plastic molded parts as well.

Production Systems

A production system is a computer program typically designed to provide artificial intelligence. The production system, in an automobile, refers to the method/procedure/arrangement which includes all the functions required to gather the inputs, process/reprocess the inputs and deliver the end product. In ETAutolytics, a production system includes facility/equipment, machine element, processing machinery and production supplemental materials.

Development Solutions

Development Solutions, with respect to ETAutolytics, includes the instruments or testers for measuring noise, vibrations and other EMC measuring instruments; along with CAD/CAM softwares. These are further explained below:

Unlock Pricol Limited to view more data

Financials

Pricol Limited‘s balance sheet, profit & loss figures and Financial Ratios

Plant Details

Get plant information and details for Pricol Limited

Clients

Know the direct, tier 1 and foreign suppliers for Pricol Limited

Revenue Sources

Which business is the best revenue generator for Pricol Limited

Company Structure

Pricol Limited‘s subsidiaries, Joint Ventures, Associates & Signatories

Unlock
Contact this company