BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Reliance Securities' IPO Report
Rolex Rings Ltd., incorporated in 2003, is one of the top five forging companies in India.
The company manufactures hot rolled forged/machine bearing rings and automotive components, which are used across segments i.e. passenger vehicles, two-wheelers, commercial vehicles, electric vehicles, off-highway vehicles, industrial machinery, wind turbines and railways etc.
As on FY21, Rolex Rings supplied bearing rings and automotive components to more 60 customers in 17 countries, primarily located in India, the U.S., Europe and Thailand.
Currently, the company has three manufacturing plants in Rajkot with 22 forging lines and an aggregated installed capacity of 1,44,750 million tonnes per annum.
Click on the attachment to read the full IPO report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR