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Company Information

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INNOVATIVE TYRES & TUBES LTD.

07 January 2025 | 12:00

Industry >> Tyres & Tubes

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ISIN No INE070Y01023 BSE Code / NSE Code / Book Value (Rs.) -17.72 Face Value 10.00
Bookclosure 23/09/2024 52Week High 26 EPS 34.50 P/E 0.75
Market Cap. 25.95 Cr. 52Week Low 5 P/BV / Div Yield (%) -1.46 / 0.00 Market Lot 105.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The Company was originally incorporated as Innovative Tyres & Tubes Limited at Mumbai, Maharashtra as a public limited company under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated November 28, 1995 bearing Registration Number 11-94817 issued by Registrar of Companies, Maharashtra, Mumbai. The certificate of Commencement of Business was granted by Registrar of Companies, Maharashtra on February 08, 1996 issued. Pursuant to change in the registered office of the Company from one state to another state vide resolution passed by shareholders of the company in the Annual General Meeting held on August 23, 2014 and a certificate in respect of which was issued by Registrar of Companies, Ahmedabad, on April 27, 2016. The Corporate Identification Number (CIN) of the Company is U25112GJ1995PLC086579. Mukesh Desai and Pradeep Kothari are the Promoters of the Company.

KEY EVENTS AND MILESTONES

1995

- Incorporation of the Company

1996

- Acquisition of plant located at Halol, Gujarat for manufacturing of tubes.

- Certificate of Commencement of Business

2003

- Established 2nd plant at Halol, Gujarat for manufacturing of 2 wheeler tyres

2015

- Scope of Certification by the Philippine Standard Certificate of the Department of Trade and Industry

- Certificate for Quality Management system as required under ISO 9001:2008 issued by TUV SUD, South Asia Private Limited for Tube plant

- Philippine Standard Quality Mark Licence by the Department of Trade and Industry, Bureau of Philippine Standards.

2016

- Certificate for Quality Management system as required by ISO 9001:2008 by TUV SUD South Asia Private Limited for Tyre plant.

- Licence from Bureau of Indian Standards bearing IS No. 13098:2012

2017

- Product Certificate SNI 0100:2012 for product light truck tyre (Brand-Innovative)

- Product Certificate SNI 6700:2012 for product Inner tube for automobile tire (Brand-Innovative)

- GSO Conformity Certificate by GCC Standardization Organization

- Compliance Statement (RDWC-EAV-02 Correction 01 ) by RDW, The competent Administrative Department (Approval Authority) for the Netherlands

- Product Certificate by Standards Organization of Nigeria

- Product Certificate SNI 0099:2012 for product Truck & Bus Tyre (Brand-Innovative)