JUPITER WAGONS Share price

The Company was incorporated as a private limited company with the name "Commercial Engineers & Body Builders Co Private Limited" on September 28 1979. It commenced business in 1979. Its name was changed to "Commercial Engineers & Body Builders Co Limited" on March 25 2010 reflecting the change in the constitution of the Company from a private limited company to a public limited company under the Companies Act 1956 pursuant to a special resolution of the shareholders of the Company at an extraordinary general meeting held on March 18 2010. The fresh certificate of incorporation consequent upon the change of name was granted on March 25 2010 by the RoC. Major Events: Date Event January 29 1996 The Company executes an agreement with Madhya Pradesh Windfarm Limited for the setting up of a single wind electricity generating unit. October 2005 Mr. Ajay Gupta joins the Company as an Additional Director. 2005-2006 (i) The Company commenced commercial production at the Mandla Factory then leased from Kailash Auto Builders. (ii) The Company entered into a Technical Know-How Agreement with a Thai company called Cho Thavee Dollasien Co. Ltd. for the production of heavy vehicles such as tippers dumpers and trailers under the combined trademark "CTVCEBBCO". For further details as to this agreement refer to "Strategic Alliances" in this Section of the Draft Red Herring Prospectus. August 1 2007 NYLIM a private equity fund invested in the Company pursuant to the NYLIM SHA under which the Company allotted 3000 mandatorily convertible Preference Shares of face value of Rs. 100 each at a premium of Rs. 99900 to NYLIM. The funds were used for expansion of the Company?s Richhai Factory I and Mandla Factory and the establishment of new factories. These Preference Shares were subsequently converted to Equity Shares (see below in the entry against December 25 2007). September 1 2007 The shareholders of the Company in EGM passed a resolution approving the Scheme of De-Merger in draft form proposed to be presented before the BIFR (see below in the entry against August 18 2008). December 25 2007 Pursuant to the NYLIM SHA the Company allotted 142789 Equity Shares at a premium of Rs. 2001 each to NYLIM upon conversion of the 3000 Preference Shares allotted to NYLIM on August 1 2007. August 18 2008 BIFR sanctioned the Scheme of De-Merger pursuant to which the Mandla Factory was de- merged from Kailash Auto Builders Private Limited and transferred to the Company in exchange for 11835 Equity Shares to be allotted to shareholders of Kailash Auto Builders Private Limited further details of the Scheme of De-Merger are provided further below in this section of the Draft Red Herring Prospectus. 2007-2008 The Company began expansion and modernization of the Richhai Factory I and the Mandla Factory. 2008 The Company won the "Best Medium Enterprise of the Year 2008" awarded by Dun & Bradstreet in association with Fullerton India. The Company was awarded the "Excellence Award 2008" in the Small and Medium Enterprises Category by Corporation Bank under the Corp Exel Awards instituted by Corporation Bank for small and medium enterprises. November 2008 (i) The Company commenced commercial production at the Indore Factory. (ii) The Company received its first order for supply of trailers from Asia MotorWorks Limited. 2008-2009 (i) The Company commenced activities in the railways division. (ii) The Company commissioned robotic welding lines at Richhai Factory I. (iii) The Company was accorded ISO/TS 16949:2002 accreditation by TUV SUD Management Service GmbH. December 12 2008 The Company obtained its first purchase order from the Indian Railways for supply of 290 Side- Walls and End- Walls. December 16 2008 The Scheme of De-Merger was filed with the RoC and came into effect retrospectively from March 31 2007. February 6 2009 The Company received its first order for supply of refrigerated containers from Hino Motors Sales India Private Limited a group company of the Toyota Group. March 2009 The Company commenced commercial production at Richhai Factory II. April 20 2009 The Company received a purchase order for supply of ?long hood structures? from Diesel Locomotive Works. May 27 2009 The Company entered into a Technical Know-How Agreement with a French company by the name of Le Capitaine for the manufacture of vehicles fitted with refrigerated bodies and refrigerated containers. For further details as to the Le Capitaine Agreement refer to "Strategic Alliances" in this section of the Draft Red Herring Prospectus. August 10 2009 The Company obtained an order from the Indian Railways for the upgradation of 250 BOXN wagons. September 2 2009 The Company obtained an order from the Indian Railways for supply of 200 Side- Walls and End- Walls. September 23 2009 The Company obtained performance certificate from Wagon Repair Shop Kota for successfully supplying Side- Walls End- Walls within the due date of delivery and in accordance with specifications.. September 28 2009 The Company entered into the Joint Project Agreement with Mithila Motors for operation of the Jamshedpur Factory. For further details as to the Joint Project Agreement refer to "Strategic Alliances" in this Section of the Draft Red Herring Prospectus. November 6 2009 (i) The Company obtained an order from the Indian Railways for the upgradation of 200 BOXN wagons. (ii) The Company has entered into a power purchase and wheeling agreement with M. P. Power Trading Co. Ltd. and M. P. Wind Farms Limited for captive use of the energy generated from its wind electricity generating unit of 225 KW located at No. 35 Village Jamgodrani District Dewas. December 2009 The Company commenced commercial production at the Jamshedpur Factory. The Company set up a refrigerated van manufacturing facility at the Richhai Factory II which is currently under trial run. The Company received approval for its Quality Assurance Plan from the RDSO for fabrication of End -Walls Side-Walls and flap doors of BOXNR Wagons. December 4 2009 Integral Coach Factory assesses the Company and finds that it possesses adequate facilities in terms of machinery and man power to manufacture and supply the following items: (i) LHB Side-Wall and roof assemblies to ICF MD Spec-200 Rev. - 02; (ii) car line pillars. January 14 2010 The Company appoints Mr. Pradeep Gupta who has over 30 years of experience in project management manufacturing marketing product engineering quality assurance vendor development and export execution in the Railway industry to head its business in the railways division. January 18 2010 Company received its first order for supply of tippers from Man Force Trucks Private Limited.February 15 2010 Company?s Quality Management System?s compliance with ISO 9001:2008 standards certified by Moody International Certification Limited. March 2010 Company nominated for the award of 'Truck Application Builder' of the year by CV Magazine.