IPO REVIEW - ROLEX RINGS LTD. - RATING - SUBSCRIBE

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IPO REVIEW - ROLEX RINGS LTD. - RATING - SUBSCRIBE

Rolex rings ltd is one of the top five forging companies in India in terms of

installed capacity (Source: ICRA Report) and a manufacturer and global

supplier of hot rolled forged and machined bearing rings, and automotive

components for segments of vehicles including twowheelers, passenger

vehicles, commercial vehicles, off-highway vehicles, electric vehicles),

industrial machinery, wind turbines and railways, amongst other segments.

Mr. Manesh Dayashanker Madeka, Chairman and Managing Director, has

over 40 years of experience in the industry and has been engaged with the

company since its inception. Its production and planning related business is

led by Mr. Bhautik Dayashanker Madeka, whole time Director and its

marketing functions and the development of new customers and products

related business is led by Mr. Mihir Rupeshkumar Madeka, both of whom

have over 18 years of experience in the industry.

Post issue Promoter shareholding will be 57.64%


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Source : Eureka

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