Simpson and Company Limited Unlisted Shares
History of Simpson and Company
(i) The story of Simpsons dates back to 1840. A Scotsman by name Mr. Simpson foreseeing the potential for developing India as a major center for building coaches and carriages established the company.
(ii) In 1955, it becomes the first Indian company to indigenously manufacture diesel engines for surface transport vehicles. It also became the first company in India to revolutionize farm mechanization.
(iii) Simpsons today is a leading manufacturer of high-performance diesel engines and is the preferred choice in the 10 – 100.5 hp range for agricultural, industrial, power generation and marine applications. Simpsons engines are offered in 5 major platforms – ‘SC’ Compact Series, ‘S’ Series, ‘SJ’ Series, ‘SJV’ CRDE series and ‘S440’ Series.
(iv) Today Simpsons employs about 1000 engineering and management personnel at its modern manufacturing facilities located in Chennai and Kumbakonam. These plants with their state of the art equipment manufacture Currently manufacture more than 1,75,000 diesel engines a year for nearly 200 applications catering to domestic as well as export markets.
Simpsons is a pioneer in introducing diesel engines in 1960 for farm mechanization and since then it has played a key role in helping farmers till the soil and haul they produce for 6 decades.
Simpson products are the preferred choice of OEMs for engines from 20- 50 HP in the S- Series platform. Major clientele includes TAFE Group (MF & EICHER brands), New Holland Fiat India(NHFI), ITL ( Sonalika) and Mini tractor manufacturers in Rajkot.
Achievements in the last 20 years:
|2018||175 Years celebrations of Simpson|
|2016||A successful foray into Italy and Turkey global markets|
|2014||Record sale of 180,000 engines|
|2013||Launch of new Training Centre at Sembium, Chennai|
|2012||Commissioning of new Emission Lab at Sembium Plant, Chennai|
|Started making new generation SJV series and compact SC213 engines|
|2007||A license granted to make 120,000 engines, annually|
|2005||Launch of the fully air-conditioned “J” Hook assembly line at Sembium Plant|
|“J” Centenary celebrations|
|2001||Started making new generation SJ series engines with support from AVL, Austria|
|1999||Launch of Oracle-based ERP, at Sembium Plant, Chennai.|
|1997||Surpassed annual production of 50,000 engines|
|1995||Commenced making engines at Kumbakonam Plant with an annual capacity of 24,000 in nos.|
|1993||Exceeded annual target of 30,000 engines|
|1992||Introduced S325 & S433 engines for Genset and Marine applications|
|1991||First overseas bulk order for 2,000|
Simpson & Co.’s manufacturing plant span across a total area of 4,00,000 sq. ft. It is equipped with state of the art machinery and leading-edge cutting technologies across 3 facilities in Sembium (Chennai), Anna Salai (Chennai) and Kumbakonam.
Simpson and Company Limited Unlisted Shares Details:
|Total Available Shares:||100|
|Face Value:||₹ 10 Per Equity Share|
|Lot Size:||50 Shares|
|Current Unlisted Share Price:||₹ Best In Industry Per Equity Share|