About Elgi Rubber
Elgi Rubber is a company based in Coimbatore (India) founded in 2006.. The company has 451 employees as of March 31, 2024. Elgi Rubber has completed 2 acquisitions, including Pincott International and Rubber Resources. Elgi Rubber offers products and services including Tyre Retreading Machinery, Retreading and Repair Tools, Curing System, Retreading Consumables, and Reclaim Rubber. Elgi Rubber operates in a competitive market with competitors including INDAG Rubber, Manjunath Rubber, MRL Tyres, Vamshi Rubber and Midas, among others.
- Headquarter Coimbatore, India
- Employees 451 as on 31 Mar, 2024
- Stage Public
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Sectors
Environment
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Email
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Phone
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Website
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Social
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- Legal Name Elgi Rubber Company Limited
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Annual Revenue
$44.86 M (USD)-0.65as on Mar 31, 2024
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Net Profit
$-509.35 K (USD)-137.39as on Mar 31, 2024
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EBITDA
$1.72 M (USD)-42.24as on Mar 31, 2024
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Latest Funding Round
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Investors
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Employee Count
451
as on Mar 31, 2024
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Investments & Acquisitions
Pincott International
& 1 more
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IPO & Listings of Elgi Rubber
Elgi Rubber is a publicly listed company on the NSE with ticker symbol ELGIRUBCO 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.
Products & Services of Elgi Rubber
Elgi Rubber offers a comprehensive portfolio of products and services, including Tyre Retreading Machinery, Retreading and Repair Tools, Curing System, Retreading Consumables, and Reclaim Rubber. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Equipment for retreading and repairing tyres efficiently.
Specialized instruments for tyre repair processes.
Technology for curing retreaded tyres effectively.
Materials used in tyre retreading operations.
Recycled rubber products for industrial applications.
Funding Insights of Elgi Rubber
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Elgi Rubber
Elgi Rubber has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Pincott International and Rubber Resources. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Automotive truck tyres are manufactured for the industry.
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1995 | ||||
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Waste recycling services are provided in Australia.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Elgi Rubber
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Elgi Rubber Comparisons
Competitors of Elgi Rubber
Elgi Rubber 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 INDAG Rubber, Manjunath Rubber, MRL Tyres, Vamshi Rubber and Midas, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Tread rubber, strip gum, and spray cement are manufactured.
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| domain | founded_year | HQ Location |
Offers tyre retreading services and rubber products for industrial use in Mangalore.
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| domain | founded_year | HQ Location |
Manufactures agricultural, industrial, and commercial tires for worldwide distribution.
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| domain | founded_year | HQ Location |
Automotive rubber components are manufactured and supplied globally.
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| domain | founded_year | HQ Location |
Rubber parts and retreading materials are supplied by Midas.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Elgi Rubber
Frequently Asked Questions about Elgi Rubber
When was Elgi Rubber founded?
Elgi Rubber was founded in 2006.
Where is Elgi Rubber located?
Elgi Rubber is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
How many employees does Elgi Rubber have?
As of Mar 31, 2024, the latest employee count at Elgi Rubber is 451.
What is the annual revenue of Elgi Rubber?
Annual revenue of Elgi Rubber is $44.86M as on Mar 31, 2024.
What does Elgi Rubber do?
Elgi Rubber was established in 2006 in Coimbatore, India, with operations centered on the rubber sector. Raw materials, equipment, tools, and accessories required for rubber processing are produced. The company serves industrial needs through its manufacturing activities, supporting various applications in the rubber industry. Focus is maintained on providing essential components for production processes across the region.
Who are the top competitors of Elgi Rubber?
Elgi Rubber's top competitors include INDAG Rubber, MRL Tyres and Midas.
What products or services does Elgi Rubber offer?
Elgi Rubber offers Tyre Retreading Machinery, Retreading and Repair Tools, Curing System, Retreading Consumables, and Reclaim Rubber.
Is Elgi Rubber publicly traded?
Yes, Elgi Rubber is publicly traded on NSE under the ticker symbol ELGIRUBCO.
How many acquisitions has Elgi Rubber made?
Elgi Rubber has made 2 acquisitions, including Pincott International, and Rubber Resources.
What is Elgi Rubber's ticker symbol?
The ticker symbol of Elgi Rubber is ELGIRUBCO on NSE.