Pritika Engineering Components Limited, originally incorporated as a private entity in February 2018 and converted to a public company in April 2022, specializes in manufacturing precision machined components primarily for the automotive sector, focusing on tractors, trucks, and commercial vehicles. Operating under the umbrella of Pritika Auto Industries Limited and Pritika Industries Limited, the company supplies its products directly to Original Equipment Manufacturers (OEMs) and through its group companies. Its manufacturing facility, located in Punjab, follows a detailed production process that includes core making, molding, melting, and machining, among others, utilizing advanced equipment like induction furnaces and automatic molding machines.
In 2021, Pritika Engineering expanded its installed capacity from 9,600 MT to 12,000 MT, producing 6,619 MT in FY'22. The company uses raw materials such as CRC Scrap, MS Scrap, and Pig Iron, and applies rigorous inspection standards to ensure product quality. In November 2022, Pritika Engineering raised Rs. 9.42 Crores through a public issue, marking a significant step in its expansion strategy.
