AEC

Junagadh, India Founded: 1973 • Age: 53 yrs Acquired By Aurecon
Industrial bearings are manufactured by AEC for various applications.
Annual revenue $12.4M Latest available
Total funding - Funding intelligence
Employees 448 Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About AEC

AEC is a company based in Junagadh (India) founded in 1973 was acquired by Aurecon in December 2022. It operates as a Reseller / Distribution. The company has 448 employees as of March 31, 2024. AEC offers products and services including Deep Groove Ball Bearings, Angular Contact Ball Bearings, and Cylindrical Roller Bearings. AEC operates in a competitive market with competitors including Schaeffler, NSK, SpinDrive, NRB Industrial Bearings and Hayley Group, among others.

  • Headquarter Junagadh, India
  • Employees 448 as on 31 Mar, 2024
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Legal Name Austin Engineering Co. Ltd.
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Key Metrics
  • Annual Revenue
    $12.38 M (USD)
    -4.38
    as on Mar 31, 2024
  • Net Profit
    $449.07 K (USD)
    4.57
    as on Mar 31, 2024
  • EBITDA
    $564.37 K (USD)
    23.05
    as on Mar 31, 2024
  • Latest Funding Round
  • Investors
  • Employee Count
    448

    as on Mar 31, 2024

  • Acquired by
    Aurecon

    (Dec 06, 2022)

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IPO & Listings of AEC

AEC is a publicly listed company on the BSE with ticker symbol AUSTENG in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: BSE · Ticker: AUSTENG · Sector: Producer manufacturing · India

Products & Services of AEC

AEC offers a comprehensive portfolio of products and services, including Deep Groove Ball Bearings, Angular Contact Ball Bearings, and Cylindrical Roller Bearings.

Primary

Used for high-speed and low-torque industrial applications.

Designed for combined axial and radial load support.

Engineered for heavy radial loads in industrial machinery.

People of AEC

Headcount 500-1000
Employee Profiles 3
Employee Profiles
People
Harsh Vadgama
Vice President

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Teams

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Funding Insights of AEC

Investors in AEC

AEC has secured backing from 1 investor. Prominent investors backing the company include Aurecon.

All
Investor Description Founded Year Domain Location
Aurecon is recognized as an engineering and advisory company.
Founded Year Domain Location

Investments & Acquisitions by AEC

Investments

Financial Statements - AEC

Aec Comparisons

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Competitors of AEC

AEC operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Schaeffler, NSK, SpinDrive, NRB Industrial Bearings and Hayley Group, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Manufacturer of bearings for the automotive industry
domain founded_year HQ Location
Major auto components are manufactured and supplied globally.
domain founded_year HQ Location
Active magnetic bearings are designed, prototyped, and produced in series.
domain founded_year HQ Location
Ball and roller bearings are manufactured for industrial applications.
domain founded_year HQ Location
Industrial bearings, pumps, and drives are manufactured by the company.
domain founded_year HQ Location
Precision components for machining and electronics are manufactured.

Latest news on Aec

Frequently Asked Questions about AEC

AEC was founded in 1973.

AEC is headquartered in Junagadh, India. It is registered at Junagadh, Gujarat, India.

Rajan Bambhania Bambhania is the current CEO of AEC.

As of Mar 31, 2024, the latest employee count at AEC is 448.

Annual revenue of AEC is $12.38M as on Mar 31, 2024.

AEC is involved in the production and distribution of high-quality ball and roller bearings. The company serves various industries including aerospace, mining, oil and gas, paper and pulp, railroad, steel mills, and wind energy. A wide range of products, including deep groove, angular contact, cylindrical, and spherical bearings, are manufactured in over 6000 sizes and types. Solutions are tailored for precision-engineered requirements across machine tools, pumps, motors, and transmission systems.

AEC's top competitors include Schaeffler, NSK and Minebea Mitsumi.

AEC offers Deep Groove Ball Bearings, Angular Contact Ball Bearings, and Cylindrical Roller Bearings.

Yes, AEC is publicly traded on BSE under the ticker symbol AUSTENG.

AEC has 1 investor. Key investors include Aurecon.

The ticker symbol of AEC is AUSTENG on BSE.

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