| Period/Time |
Particulars |
| January 1995 |
Set up the first manufacturing facility at Kudalwadi, Chikhali, Pune with one 150 T ‘C’ frame press and supporting machinery on a built-up shed of 3000 sq.ft. area. Doing job work as Tier III supplier. |
| June 1996 |
Obtained the Vendor Code for direct supplies to Bajaj Auto Ltd. |
| September 1996 |
Obtained the Vendor Code for direct supplies to Tata Motors Ltd. (then TELCO) |
| December 1996 |
Converted the partnership firm into Private Limited Company |
| June 1997 |
Expanded the facilities at Kudalwadi by acquiring adjacent land, adding 250/300 T press, setting quality systems, etc. for supplies to Bajaj Auto, Tata Motors and Kinetic Engg. Ltd. |
| January 1998 |
Received ‘CQ’ certification from Tata Motors for supplying on “DSL” basis (Direct Supply Online, without inspection at OEM) |
| March 1997 to October 1998 |
Set up second Manufacturing facility at Chakan with Presses ranging from 250 T to 600 T and supporting facilities for Tata Motors prestigious “INDICA” car project on the basis of Letter of Intent |
| August 1999 |
Set up a Tool Room at Chakan. Imported Hartford CNC Vertical Milling Centre and bought other sophisticated machines locally. |
| December 1999 |
Set up CAD/CAM facilities with the latest software available for Tool Making. |
| April 2001 |
Took over Amogh Engineers, a Rs.40 million company manufacturing Brake Assembly for Tata Motors 407/709 models and also entered into export of brake shoes to UAE, Singapore, Germany, etc. |
| September 2002 |
Received QS 9000/ISO 9002: 1994 certification from TUV(Rh), Germany for Chakan Plant. |
| June 2003 |
Took over smaller pressing companies (Tier II and III) locally supplying to Tata Motors Ltd. with their Dies & Tools. |
| December 2003 |
Set up third Manufacturing Unit at MIDC, Bhosari on 54,000 sq.ft. land with a modern light press shop facilities (Press Range 40 T to 300 T) for small and medium components for Bajaj Auto, Tata Motors, Walker Exhaust, Kinetic, etc. |
| February 2004 |
Obtained a Term Loan from a nationalized bank and shifted our banking operations from a cooperative bank to a large bank in the public sector. |
| March 2004 |
The company achieved a turnover of Rs.510.00 million in 2003-04, registering a hefty growth of 87% over previous year. |
| August 2004 |
Load Body for Tata Motors prestigious “ACE” mini truck model awarded to company as a single source supplier, to make large sized Floor Dies in-house. |
| October 2004 |
Chakan Unit gets ISO/ TS 16949 : 2002 certification from TUV (Rh), Germany one among the 40 companies then all over India |
| December 2004 |
Purchased 15 acres of land in Chakan prime area near to existing factory for future expansion |
| January 2005 |
Set up a Joint Venture company in UAE under the name “Union Autoline Spare Parts, LLC” with 49% stake to manufacture brake shoes, wheel rims and also provide facilities for cylinder head reconditioning and machining of automotive and marine engine parts |
| February 2005 |
Bhosari Unit get ISO/TS 16949: 2002 certification from TUV (Rh), Germany |
| August 2005 |
Duke Special Opportunities Fund, Private Equity Investor, invests in company |
| November 2005 |
Acquired as a wholly-owned subsidiary Western Pressing Pvt. Ltd., a company manufacturing tubular cross members, silencers and Exhaust Systems thus is getting into proprietary products. Turnover of Rs.140.00 million in 2005-06. |
| March 2006 |
Acquired a 51% stake in Dimensions Engineering Software Services Pvt. Ltd., a company with 40 people into CAD/CAM/CAE & Design Engineering Services making AIL a “Concept to Delivery” company. |
| April 2006 |
Crossed Turnover of Rs. 111 crores achieved in full financial year 2005-06 |
| September, 2006 |
Filed Draft Red Herring Prospectus with Securities Exchange Board of India |
| September, 2006 |
Filed Draft Red Herring Prospectus with Securities Exchange Board of India |
| December, 2006 |
Filed Draft Red Herring Prospectus with Securities Exchange Board of India |
| January,2007 |
Made Initial Public Offering (IPO) (January 7 to 12, 2007) and listed on BSE and NSE On 31st January, 2007- IPO oversubscribed by 20 times. |
| March 2007 |
Commenced commercial production of skin panel like door assembly at Chakan Unit II |
| March 2007 |
100% acquisition of Autoline Dimensions Software Private Limited. |
| April 2007 |
Closed financial year with turnover of Rs. 210 Crores |
| May 2007 |
Autoline Buys 51% stake in US firm - Detroit Engineering Products, Inc (DEP) |
| August 2007 |
The Global Launch of Meshworks Morpher 4.0 proprietary software developed by DEP in Pune, India (Path breaking software which reduces vehicle development time by 90%) |
| October 2007 |
Letters of Intent received for new business from customers like Daimler Chrysler India Private Limited, Cummins Power Generation, USA and Tata Daewoo, South Korea |
| October 2007 |
100% takeover of Nirmiti Autocomponents Private Limited, a company engaged in the Business of pedal systems, door hinges and manufacturing of sheet metal components and fabricated small assemblies, in view of the strategic importance and synergies with the Company. It has manufacturing facilities at Pune and Uttaranchal. |
| December 2007 |
Formation of wholly owned subsidiary Autoline Industries USA, Inc. and 100% Acquisition of business and associated assets of Dura Automotive Systems, USA by Autoline Industries USA, Inc,
Fast-growing Autoline adds Important Capability & footprint with U.S. acquisition. (Also acquired 12 patents & proprietary designs in the Jack and Tool Kit area)
|
| February 2008 |
Autoline Industries Limited, Pune" and "Sharjah Cement & Industrial Development Co.(SCIDC), UAE", enter into Shareholders' Agreement on 28th February, 2008 with Autoline Industrial Parks Limited, Pune a subsidiary company of Autoline Industries Limited. This Joint Venture has been formed for the purpose of setting up and development of industrial parks relating mainly to Auto Ancillary Units, Design Engineering Units etc. By virtue of this agreement Autoline Industries Limited and its Associates hold 51.00% and Sharjah Cement & Industrial Development Co. and its Associates proposes to hold 47.33% of the total paid-up share capital of Autoline Industrial Parks Limited". |
| May 2008 |
Constructed factory shed and started manufacturing operations for Silencers, Exhaust Systems, etc. at Mahalunge, Chakan, Tal- Khed. |
| June 2008 |
State of the art Tool Room on built up area of 60000 sq. fts on 2 acres of land commissioned and full fledged commercial tool room started commercial production. |
| September 2008 |
In September 2008, acquired 100% stake in Koderat Investments Limited “Koderat” (making it Wholly Owned Subsidiary), a Company incorporated and existing under the laws of Cyprus; acting as a Special Purpose Vehicle (SPV). Further “Koderat” acquired (49.0%) equity share capital of “SZ Design S.r.l.”, and “Zagato S.r.l”, Italian limited liability companies, Milan (“the Companies/Zagato”). Zagato” is a Milano-based Italian automotive design Company responsible for designing some of the most spectacular cars of the last century for companies such as Ferrari, Maserati, Bugatti, Bentley, Rolls Royce, Jaguar and Lamborghini etc. |
| October 2008 |
Company received Best performance award for excellence in cost effectiveness in sheet metal business at National Vendor meet of Tata Motors Limited. |
| November 2008 |
Exported its first consignment to Cummins Power Generation, USA |
| January 2009 |
The Company has received orders from Cummins, Global, for export of sheet metal components /parts worth Rs.11 crores. (2) Nirmiti Autocomponents Private Limited (wholly owned subsidiary of the Company) received first order from GENERAL MOTORS worth Rs.9.50 crores. |
| April 2009 |
Set up manufacturing facility at Plot No. 8, Sector 11, IIE, Rudrapur, Uttrakhand and commenced commercial production of medium and large stamped parts. |
| July 2009 |
Acquired land located at Plot No. 6 Sector 11, IIE, Rudrapur, Uttrakhand, adjacent to existing plots at Uttrakhand. |
| July 2009 |
The Company bagged incremental export orders approximately worth Rs. 45 Crores from Overseas Original Equipment Manufacturers (OEMs). |
| October 2009 |
Autoline Industries USA, Inc a wholly-owned subsidiary of the Company bagged orders to manufacture Brake and Clutch Pedal Assemblies from two US automakers. The orders are for two vehicle platforms that will be launched in late 2010. This new business will boast the sales of the US unit by approx. $40,000,000 (USD 40 million) over the next 4 years period. |
| February 2010 |
Company received Best performance award for excellence in Quality in sheet metal business at National Vendor meet of Tata Motors Limited. |
| March 2010 |
Company received General Motor's Supplier of the Year Award - 2009". – Autoline Industries, USA Inc (wholly owned subsidiary of the company) at GM Dome, Warren, USA, (The only other Indian Company being Sundaram Fasteners Limited) in recognition of its performance in brake and clutch pedal product line. |
| May 2010 |
Tata Motors Limited ranked Chakan plant -1 as number one in sheet Metal family and 4th in all PCBU suppliers. |
| August 2010 |
Cummins Supplier Annual Scorecard – 2009
for delivery and technology - “A+”
for quality and internal process - “A”
for costing - “B”
|
| September 2010 |
ABO supplier award “For Excellence Performance & Support” in 2009 received from Cummins, IPO India- 2nd September, 2010 |
| April to September 2010 |
Received new business orders from OEMs like - , Volkswagen, Diamler India, Ashok Leyland – Nissan, General Motors etc. |
