About Rolex Rings
Rolex Rings is a company based in Rajkot (India) founded in 1975 by Manesh Dayashankar Madeka and Rupesh Dayashankar Madeka.. Rolex Rings has raised $36.12 million across 3 funding rounds from investors including NSR Partners, Manesh Dayashankar Madeka and Sanjykumar Bhagwandas Bole. The company has 2,580 employees as of March 31, 2024. Rolex Rings operates in a competitive market with competitors including NSK, Fersa Bearings, NRB Bearings, Ravi Technoforge and Daido Metal, among others.
- Headquarter Rajkot, India
- Employees 2580 as on 31 Mar, 2024
- Founders Manesh Dayashankar Madeka, Rupesh Dayashankar Madeka
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Rolex Rings Limited
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Annual Revenue
$133.06 M (USD)-5.51as on Mar 31, 2024
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Net Profit
$20.33 M (USD)11.51as on Mar 31, 2024
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EBITDA
$26.75 M (USD)-8.29as on Mar 31, 2024
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Total Equity Funding
$36.12 M (USD)
in 3 rounds
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Latest Funding Round
$2.32 M (USD), Private Equity Round
Oct 12, 2010
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Investors
NSR Partners
& 12 more
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Employee Count
2580
as on Mar 31, 2024
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IPO & Listings of Rolex Rings
Rolex Rings is a publicly listed company on the NSE with ticker symbol ROLEXRINGS 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.
Funding Insights of Rolex Rings
Rolex Rings has successfully raised a total of $36.12M across 3 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $2.32 million completed in October 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Private Equity Round — $2.3M
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First Round
First Round
(28 Sep 2007)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2010 | Amount | Private Equity Round - Rolex Rings | Valuation | NSR Partners , NSR Partners | |
| Apr, 2010 | Amount | Private Equity Round - Rolex Rings | Valuation | NSR Partners |
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| Sep, 2007 | Amount | Debt – Conventional - Rolex Rings | Valuation |
investors |
| 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 |
Investors in Rolex Rings
Rolex Rings has secured backing from 13 investors, including venture fund and angel investors. Prominent investors backing the company include NSR Partners, Manesh Dayashankar Madeka and Sanjykumar Bhagwandas Bole. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Growth-stage private equity investments are pursued across sectors.
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Founded Year | Domain | Location | |
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MD
Manesh Dayashankar Madeka |
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Founded Year | Domain | Location |
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SB
Sanjykumar Bhagwandas Bole |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Rolex Rings
| 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 - Rolex Rings
| 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 |
Rolex Rings Comparisons
Competitors of Rolex Rings
Rolex Rings 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 NSK, Fersa Bearings, NRB Bearings, Ravi Technoforge and Daido Metal, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Major auto components are manufactured and supplied globally.
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| domain | founded_year | HQ Location |
Bearings are manufactured and supplied to aftermarkets by Fersa.
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| domain | founded_year | HQ Location |
Manufactures and supplies roll bearings
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| domain | founded_year | HQ Location |
High precision forged products are manufactured for the automotive sector.
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| domain | founded_year | HQ Location |
Bearings and components are manufactured and supplied for multiple industries.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Rolex Rings
Frequently Asked Questions about Rolex Rings
When was Rolex Rings founded?
Rolex Rings was founded in 1975 and raised its 1st funding round 32 years after it was founded.
Where is Rolex Rings located?
Rolex Rings is headquartered in Rajkot, India. It is registered at Rajkot, Gujarat, India.
Who is the current CEO of Rolex Rings?
Harshad Mehta is the current CEO of Rolex Rings.
Is Rolex Rings a funded company?
Rolex Rings is a funded company, having raised a total of $36.12M across 3 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $37.99M, raised on Sep 28, 2007.
How many employees does Rolex Rings have?
As of Mar 31, 2024, the latest employee count at Rolex Rings is 2,580.
What is the annual revenue of Rolex Rings?
Annual revenue of Rolex Rings is $133.06M as on Mar 31, 2024.
What does Rolex Rings do?
Rolex Rings was established in 1975 in Rajkot, India, within the manufacturing sector. Forged and machined components, including ball bearing, tapered, cylindrical, and spherical rings, are produced for applications in drilling, milling, and railway bearings. A development center is maintained for in-house computer-aided design and product research. Operations focus on precision engineering for industrial needs.
Who are the top competitors of Rolex Rings?
Rolex Rings's top competitors include NSK, NRB Bearings and Fersa Bearings.
Is Rolex Rings publicly traded?
Yes, Rolex Rings is publicly traded on NSE under the ticker symbol ROLEXRINGS.
Who are Rolex Rings's investors?
Rolex Rings has 13 investors. Key investors include NSR Partners, Manesh Dayashankar Madeka, Sanjykumar Bhagwandas Bole, NSR Partners, and Pinakin Dayashankar Madeka.
What is Rolex Rings's ticker symbol?
The ticker symbol of Rolex Rings is ROLEXRINGS on NSE.
What is Rolex Rings's valuation?
The valuation of Rolex Rings is $74.57M as of Apr 2010.
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