The Company was incorporated as Stove Kraft Private Limited on June 28, 1999 with a certificate of incorporation issued by the RoC at Bengaluru, Karnataka, India as a private limited company under the Companies Act, 1956 and commenced its business on June 28, 1999. Subsequently, the Company was converted into a public limited company pursuant to a special resolution passed by the Shareholders at the EGM on May 28, 2018, and the name of the Company was changed from Stove Kraft Private Limited to Stove Kraft Limited and a fresh certificate of incorporation consequent upon change of name was issued to the Company by the RoC on August 13, 2018.
Major events, milestones and achievement of the Company : 1999 - The Company was incorporated as Stove Kraft Private Limited
2001 - Granted trademark registrations for the brand Gilma
2003 - Granted trademark registrations for the brand Pigeon
2004 - Commenced manufacturing at the Baddi unit
2008 - SIDBI purchased 100 Equity Shares in the Company - Received factory license for commencing operations for the Unit I at the Bengaluru Facility
2010 - Investment into the Company by SCI - Recorded total revenues of more than Rs. 3,000 million
2011 - Recorded total revenues of more than Rs. 5,000 million - Implemented SAP Business One at the manufacturing facilities
2013 - Bought and installed Roller Coating Line and Finishing Lines machine at the Bengaluru Facility - Investment into the Company by SCI and SCI-GIH
2014 - Commenced exports to a retailer in the USA - Received factory license for commencing operations for the unit II of the Bengaluru Facility
2015 - Certificate of registration of design was granted for the product `Pressure cooker' granted by the Patent Office, Government of India
2016 - Implementation of quality management system in accordance with ISO 9001:2008 for the scope of design and development, manufacture and supply of LPG stoves, pressure cookers, non-stick cook wares, mixer grinders and trading of kitchen and home appliances, by TUV-SUD South Asia Private Limited - Entered into licensing agreement with Stanley Black & Decker, Inc. and The Black and Decker Corporation - Acquisition of manufacturing unit from Saya Industries
2017 - Best fill rate accreditation received from Flipkart for the Pigeon products list on Flipkart's Big Billion Day
2018 - Achieved sales of 9.1 million total units in Fiscal 2018
2019 - Commenced the manufacture of Pigeon LED products at the Bengaluru facility - Commenced the manufacture of inner lid cookers in the Baddi facility
2020 - Commenced the manufacture of infrared thermometers, floor mops and handy vegetable choppers and trading of pulse oximeters
2021-The Company has 'Launch of New Products'of Home and Kitchen appliances products for Onam festival.
2022 -Company Expanded reach by launching the "Pigeon Exclusive Store" Concept.
2023 -Stovekraft just in 14months inaugurated Retail division and proudly opened 100th Store. This milestone underscores the rapid growth and successful market penetration.
2024 -Excellence in Retail was recognized with the " Retailer of the Year" award by the Asia Retail Congress.
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