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From Inception to Expansion, Our Timeline is a Testament to Resilience and Vision
From Inception to Expansion, Our Timeline is a Testament to Resilience and Vision
Our journey began with a bold vision and unwavering determination. From the early days of our inception, we have consistently demonstrated resilience in the face of challenges and a clear vision for the future. Each milestone in our timeline reflects our commitment to innovation, excellence, and growth. As we expanded our horizons, we stayed true to our core values, driving us to achieve remarkable success and industry leadership. Our story is one of perseverance, strategic foresight, and a relentless pursuit of excellence, making us a trusted name in the industry.
NINA
- 1975 – Among the first to execute expansion joint treatment with Polysulphide sealants.
- 1978 – PROOFSOL certified by IIT Bombay conforming to IS 2645.
- 1979 – Differentiated capability becomes visible- Nina Successfully waterproofed India’s largest UG water retaining structure- The World Bank aided MCGM Bhandup Master Balancing Reservoir project.
- Pan-India capability starts to show– Tata Motors in Pune, Kuwait Embassy and Taj Palace Hotel in New Delhi and several projects in J&K, etc.
Growing Continually
- Early Pioneers of Polymer Modified Concrete and Mortars in Waterproofing.
- 1985-86: Nina Executed complex projects for BARC, at Trombay and the Launching Pad at ISRO’s space station at Sriharikota.
- 1994: Nina Waterproofed ‘Suraj Apts’ in Mumbai– Then India’s tallest building at G+38.
- 1992 – Percept Group was established as an organisation to execute the waterproofing projects in Kochi.
Technological Prowess visible driving growth
- 1995: Mr. Mehul Parikh joins Nina’s family business.
- 1997: NINA ties-up with Propex Concrete Systems, USA to pioneer and promote commercial usage of PP Fiber reinforced concrete in India for the first time.
- 1998-99: Completes 2L sqm WP in 18 months for the Indica plant, Tata Motors in Pune, then India's largest Greenfield Auto plant.
- 1999 – Percept Group got incorporated as a private limited company under the name Percept Engineers Pvt Ltd (PEPL).
Capability Differentiation and professionalization continues
- 2001: Nina Completes India’s then largest façade renovation project for Hotel Oberoi Towers, Nariman Point, Mumbai– First time usage of Electrical Mast climbing Platforms for building of > 110 m height.
- 2002: Business moves into Pvt. Ltd setup as Nina Concrete Systems Pvt. Ltd.- India's first specialist waterproofing contracting company to be ISO 9001:2000 certified for its QMS.
- 2001– Percept Established the Polyplus brand of Waterproofing products under Percept.
- Established the HYDRO brand of waterproofing products under NINA.
- Hetal Parikh joins the family business as a Whole time Director.
Pioneering New Technology Adoption
- Nina Establishes tie-ups with various leading international companies such as Dryvit Systems INC USA for EIFS and Specialty Finishes, Crommelin Chemicals Australia for water based 1k LAM’s, Imper Italia for PVC & TPO membranes to bring the cutting edge waterproofing and pioneering building envelope solutions to India.
- World’s Largest Phone Manufacturing Unit is being waterproofed by NPPL.
- 2008: Nina Executes waterproofing for India's then largest 5 Star Hotel, ITC Chola Sheraton, Chennai.
- 2009: Nina Completes tie-up with Stirling Lloyd Polychem UK and brings for the first time to India, MMA resin cold spray applied solvent free systems for Bridges and Building structures as a high performance waterproofing system.
Growing Stronger, New Partnerships
- 2010-11: Nina is one of the earliest users of Fully bonded HDPE membranes for Substructure waterproofing and quickly becomes the largest user in India by 2015.
2011: Nina becomes the first and till date remains the only specialised waterproofing contractor in India, to cross Rs 100 Cr annual revenues in this segment.
2012: Nina secures the contract for the Chenani Nashri Tunnel, the longest road tunnel in India of 9 km, also the then single largest waterproofing project with approx. 5,50,000 sqm of PVC membrane and value of Rs. 42 Cr.
2013 – Percept Engineers became a subsidiary of India’s largest Waterproofing Material Manufacturer M/s. Pidilite Industries Ltd. under the name Percept Waterproofing Systems Ltd. (PWSL).
2014- Created an in-house technical design team to offer project customised Waterproofing Solution services to clients.
2015 : Nina becomes the first waterproofing contracting company to become ISO 9001:2008, ISO 14001 and OHSHAS 18001 certified in this segment.
2015: Nina becomes a part of M/s. Pidilite Industries Ltd. as Nina Waterproofing Systems. Pvt. Ltd.
2015– Expanded technological expertise with High Performance Spray applied solutions like Polyurea, 2 K PU and Spray applied PUF insulation cum waterproofing.
Clear Pan India Leadership Established
- 2016– Percept Recognized as the ‘Power Building’ Brand in Waterproofing category on a Pan India basis by REALTY PLUS Magazine
- Nina and Percept merge together to form India’s Largest Waterproofing entity with Mr. Mehul Parikh (Managing Director) and Mr. Sudish M S (Whole time Director) and Mrs. Hetal Parikh (Director) helming the management team.
- Nina Percept Sales Turnover crosses Rs. 300 Cr.
- Awarded by CIDC as ‘Best Professionally Managed Company’ in the turnover bracket of 100-500 Cr for two consecutive years FY 18-19 and FY 19-20.
Consolidating & Focus on execution excellence
- 2022- Awarded patent for Hydroflex UG waterproofing system
- 3rd time awarded by CIDC as ‘Best Professionally Managed Company’ in Category – III (Turnover Rs.100 Cr to Rs.1000 Cr) for FY 22-23.
- 2023- Nina Percept becomes a 100% subsidiary of M/s Pidilite Industries Ltd.
- Waterproofed India’s New Parliament Building, New Delhi.
- NPPL waterproofs the World’s Largest Office Building and interconnected building - Surat Diamond Bourse and the Building with largest basement i.e. ITPO, Pragati Maidan, New Delhi.
- Waterproofed the World’s largest vaccine manufacturing unit i.e. Serum Institute, Pune.
- Demonstrated the execution capability to Waterproof 7 out the 10 of the tallest buildings in India.
- Distinction of now being the Specialist contractor to have Waterproofed the most number of Metro Stations ( Underground + Elevated ) across India.
- Dec '23 – NPPL moves to a new large corporate office -Opus Prime, Andheri(E), Mumbai.