About Fores Group
Fores Group is a company based in Aurangabad (India) founded in 2007. It operates as a B2B. The company has 177 employees as of March 31, 2023. Fores Group offers products and services including Bushing Mounts, Technical Parts, and Hoses. Fores Group operates in a competitive market with competitors including Fukoku, Innova Rubbers, GRP, Sankar Elastomers and Pheon Corp, among others.
- Headquarter Aurangabad, India
- Employees 177 as on 31 Mar, 2023
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Sectors
Industrial Goods & ManufacturingTransportation, Automotive & Logistics
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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 Fores Elastomech India Private Limited
- Date of Incorporation 22 Nov, 2005
- Jurisdiction Aurangabad, Maharashtra, India
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Annual Revenue
$20.46 M (USD)39.73as on Mar 31, 2023
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Net Profit
$1.1 M (USD)6035.13as on Mar 31, 2023
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EBITDA
$2.25 M (USD)361.49as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
177
as on Mar 31, 2023
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Products & Services of Fores Group
Fores Group offers a comprehensive portfolio of products and services, including Bushing Mounts, Technical Parts, and Hoses. 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.
Anti-vibration mounts for automotive applications
Various technical rubber parts for industrial use
Rubber hoses used in automotive and non-automotive sectors
Funding Insights of Fores Group
| 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 |
Investments & Acquisitions by Fores Group
| 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 |
Financial Statements - Fores Group
| 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 |
Fores Group Comparisons
Competitors of Fores Group
Fores Group 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 Fukoku, Innova Rubbers, GRP, Sankar Elastomers and Pheon Corp, 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 |
Wiper blade rubbers and seals for machinery are manufactured.
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| domain | founded_year | HQ Location |
Manufactures and supplies rubber moulded parts to tier-1 clients.
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| domain | founded_year | HQ Location |
Automotive rubber products are manufactured and supplied globally.
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| domain | founded_year | HQ Location |
Manufactures and supplies rubber products to OEMs with reliable quality.
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| domain | founded_year | HQ Location |
Manufactures electrical switches, plugs, harnesses, and rubber products for automotive industries.
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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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Frequently Asked Questions about Fores Group
When was Fores Group founded?
Fores Group was founded in 2007.
Where is Fores Group located?
Fores Group is headquartered in Aurangabad, India. It is registered at Aurangabad, Maharashtra, India.
How many employees does Fores Group have?
As of Mar 31, 2023, the latest employee count at Fores Group is 177.
What is the annual revenue of Fores Group?
Annual revenue of Fores Group is $20.46M as on Mar 31, 2023.
What does Fores Group do?
Fores Elastomech is a manufacturing enterprise focused on engineering technical rubber products for automotive and non-automotive sectors. They operate from a plant in Aurangabad, India, with facilities for rubber mixing, molding, and development. The company emphasizes operational excellence, RD in materials, and supplying components like mounts and hoses to clients, aiming for global reach and ethical practices.
Who are the top competitors of Fores Group?
Fores Group's top competitors include Fukoku, GRP and Quality Synthetic Rubber.
What products or services does Fores Group offer?
Fores Group offers Bushing Mounts, Technical Parts, and Hoses.
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