Sandhar Technologies Limited
NSE: SANDHAR BSE: 541163
₹492.50
(1.61%)
Sun, 12 Apr 2026, 10:43 pm
Market Cap29.16B
PE Ratio16.71
Dividend0.72
Consumer Durables
Motor Vehicles
24.5KCompany History
1987
- The Company was incorporated as ‘Sandhar Locking Devices Private Limited’.
1988
- Engaged by Honda Lock for providing technical assistance in relation to two-wheeler locks.
1992
- Started production of two-wheeler locks, and fuel filler cap for Hero Honda at Gurugram.
- Name of the Company changed to ‘Sandhar Locking Devices Limited’ from ‘Sandhar Locking Devices Private Limited’.
1995
- Production of two-wheeler mirror assembly.
1996
- Engaged by Honda Lock for technical collaboration for two-wheeler main switch.
1998
- Engaged by Honda Lock for technical collaboration for four-wheeler mirror assembly, handle assembly.
1999
- Commencement of supply of mirror assembly to Honda Cars.
2002
- Production of zinc and aluminium pressure die-casting components commences at Sandhar Auto Components Limited at Sandhar Components, Manesar.
2003
- Executed a joint venture agreement with Steady Stream Business Limited for production of tools and dies.
2004
- Engaged by Honda Lock for providing technical assistance in relation to four-wheeler lock assemblies.
2005
- SLD Auto established for production of lock assemblies, and mirror assemblies in Bengaluru.
- Name of the Company changed to ‘Sandhar Technologies Limited’ from ‘Sandhar Locking Devices Limited’.
2006
- Unit in Chennai, Tamil Nadu, India, established for steel wheel assembly.
- Acquisition of the companies of Adeep Group.
- Name of the Company changed to ‘Sandhar Technologies Limited’ from ‘Sandhar Locking Devices Limited’.
- Investment by Actis Capital LLC, UK, into the Company.
- Barcelona unit of TECFISA acquired by the Company.
2008
- Executed a joint venture agreement with JBM Auto Limited for production of moulds and dies.
2010
- Unit in Chakan, Maharashtra, established for manufacture of door handles.
2011
- Unit in Pune established for manufacture of plastic injection moulding components.
- Unit in Chakan, Maharashtra, established for manufacture of door handles.
- Steady Stream’s stake in Sandhar Tooling acquired by the Company.
2012
- ST Poland with a unit in Czestochowa established by the Company.
- Investment by GTI Capital upon purchase of Equity Shares held by the Actis Group.
- Steady Stream’s stake in Sandhar Tooling acquired by the Company.
2013
- Technical collaboration agreement executed with JEM Techno, South Korea, for manufacture of relays.
- Establishment of Sandhar Centre for Innovation & Development at Gurugram.
- Investment by GTI upon purchase of Equity Shares held by GTI Capital.
- Acquisition of Mag Engineering, a company engaged in the business of manufactured operator cabins for off-highway vehicles.
- Technical collaboration agreement executed with Lyssen Enterprises Co., Limited, Taiwan, for manufacturing instrument clusters, gauges, and senders / sensors.
- Unit in Sriperumbudur, Tamil Nadu, established for new wheel assemblies.
2014
- GTI increases its shareholding in the Company from 10.75% to 17.47%.
- ST Mexico with a unit in Guanajuato, Mexico, established by the Company.
- Executed a joint venture agreement with Han Sung to establish Sandhar Han Sung.
- Unit in Pathredi, Rajasthan, established for manufacture of lock assemblies, mirrors, and door handles.
- Production of relays based on Korean technology commences at Sandhar Automotives Gurgaon – JEM Division.
- Acquisition of the cabin manufacturing unit of Arkay Fabsteel Systems Private Limited at Pune.
2016
- Executed a joint venture agreement with DMRG and Tarun Agrawal for manufacture and trading of solar plants and components.
2017
- Executed a joint venture agreement with Jinyoung Electro-Mechanic to establish Jinyoung Sandhar.
2018
- Executed a joint venture agreement with Amkin Group to establish Sandhar Amkin Industries Private Limited.
- Executed a joint venture agreement with Daewha Fuel Pump to establish Sandhar Daewha Automotive Systems Private Limited.
- Executed a joint venture agreement with Daeshin to set up a joint venture for manufacturing gear shifters and parking brakes.
2020
- Sandhar-Whetron inaugurates new parking sensor line at Gurgaon.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800