Company History: YEAR EVENTS1988 - The Company was established as a Partnership Firm on 7th March in the name of Tips Cassettes & Record Co.; and was converted into a Private Limited Company on 8th May 1996 and further it became a Deemed Public Limited Company w.e.f. 1st July 1999. The principal promoters of the company are the Taurani family. - The Main Object of the Company is to carry on the business as manufactureres sellers distributors dealers buyers importes exporters of audio and video cassettes records compact discs laser discs etc.
1990 - The Company set up its first manufacturing facility at Palghar Mayharashtra.
1992 - M/s. R.K. Electronics was dissolved and merged with the partnership firm M/s. Tips Cassettes and Records Company.
1996 - The Company was converted into a joint stock company under Chapter IX of the Companies Act 1956 on 8th May and rechristened as Tips Industries Private Limited.
1997 - Tips commissioned the second manufacturing facility for blank and pre recorded audio cassettes at Silvassa.
1999 - The Company acquired the audio rights held by Video Master Time Magnetics (India) Limited and Weston Components Limited.
2000 - The Company acquired audio rights held by Mr. Jawaharlal Chopra.
- Tips Industries Ltd. the leading music company is entering the capital market in first week of September with an initial public offer of 30 00 000 No. of equity shares of face value Rs. 10/- each.
- Tips Industires has entered the south Indian film music market.
- The Company has signed a three-year exclusive licensing deal with the global music conglomerate Warner Electra Atlantic International Inc US.2002
-Shiv Abhichandani resigns from Directorship of Tips Ind.
2004
-Tips Industries Limited has informed that they have shifted the Registered office to new premises. The details of the same are as follows:- Old Address: Plot No. A-18 Opp. Laxmi Indl. Estate Off. Link Road Andheri (W) Mumbai. 400 053. New Address; 601 Durga Chambers 6th Floor Opp. BPL Gallery 278/E Linking Road Khar (W) Mumbai. 400 052.
