Sandhar Technologies LTD IPO

Incorporated in 1987, Sandhar Technologies Limited is a customer centric component supplier; primarily catering to automotive Original Equipment Manufacturers (OEMs) and largely focused on safety and security systems of vehicles with a pan India presence and a growing international footprint.

Sandhar is the leader in the 2-wheeler locking systems market and the commercial vehicle rear view market in India, and is one of the two largest companies catering to the commercial vehicle locking systems market, and the two-wheeler rear view market in India. They are also one of the largest manufacturers of operator cabins in India, along with being the largest player in the excavator cabins market. The company’s business involves designing and manufacturing a diverse range of automotive components, parts and systems, driven by technology, process, people and governance.

Its customer portfolio consists of 79 Indian and global OEMs across various segments.  Sandhar manufactures products from 31 manufacturing facilities across 8 states in India, 2 manufacturing facilities in Spain and one manufacturing facility in Mexico. Further, they are in the process of commissioning 5 manufacturing facilities in India. They also had an overseas assembly and packaging centre located in Poland.