India Motor Parts & Accessories Share Price

Indian Motor Parts Accessories (IMPAL), incorporated on July 12, 1954 is part TVS Group is engaged in the distribution of automobile spare parts ad accessories through its 50 plus branch network representing over 60 manufactures. IMPAL is one of the few all India distrubutors of motra parts and deals in engine group components, brake systems, fasteners, radiators, suspensions, axles, auto electricals, wheels, steering linkages, instruments clusters etc.The companys Commercial Paper has been continuously rated as P1+ by CRISIL upto Rs.900 lakhs.The company had a Partnership with M/s Royal Sun Alliance Insurance Plc UK and with M/s Sundaram Finance Limited for promotion of nonlife Insurance Company.The total investment made by the company along with M/s Royal Sundaram Alliance Insurance Company is Rs.12 Crores.During the year 201112, Company opened a branch in Silchar. In 201718, it opened three new branches commenced an exercise to upgrade its ERP system to make data available online. The Company acquired a 90% equity stake in CAPL Motor Parts Private Limited, Ahmedabad on 29th November 2017 and CAPL Motor Parts Private Limited became a subsidiary of Company in 2019, it opened 5 new branches in interior areas of states.