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. 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 2,580
- Founders Manesh Dayashankar Madeka, Rupesh Dayashankar Madeka
- Stage Public
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website rolexrings.com
- Legal Name Rolex Rings Limited
- Annual Revenue₹1,198 Cr
FY 2023
- Net Profit₹198 Cr
FY 2023 · 17% margin
- EBITDA₹280 Cr
FY 2023 · 23% margin
- Total Equity Funding$36.12M (USD)
in 3 rounds
- Latest Funding Round$2.32M (USD), Private Equity Round
Oct 2010
- InvestorsNSR Partners
& 12 more
- Employee Count2,580
Associated legal entities of Rolex Rings
Rolex Rings operates through Rolex Rings Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Rolex Rings Limited Listed CIN L28910GJ2003PLC041991 | Active | 13 Feb 2003 | Rajkot, Gujarat | ₹1,198 Cr | 1,879 | 8 | View details |
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 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 $36.12M
- Total Rounds 3
- Last Round Private Equity Round — $2.32M
- First Round $37.99M
(Sep 2007)
- Investors Count 13
All 3 funding rounds of Rolex Rings with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2010 | $2.32M | Private Equity Round | – | NSR Partners, NSR Partners | |
| Apr 2010 | $33.8M | Private Equity Round | $74.57M | NSR Partners | – |
| Sep 2007 | $37.99M | Debt – Conventional | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2010 | $74.57M | •••••••• |
Last known valuation $74.57M (Apr 2010). 13 investors in total: 2 institutional and 11 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Growth-stage private equity investments are pursued across sectors. | – | nsrpartners.com | New York, United States | |
MD Manesh Dayashankar Madeka | - | – | unknown_32351f4510624682a | - |
SB Sanjykumar Bhagwandas Bole | - | – | unknown_10661963ba814b76a | - |
PD Pinakin Dayashankar Madeka | - | – | unknown_c007ad5619214d988 | - |
JM Jiten Madeka | - | – | unknown_13feb1ee226e473aa | - |
RM Rupesh Madeka | - | – | unknown_57bbc9ec5ead474f8 | - |
BD Bhoutik Dayashankar Madeka | - | – | unknown_11558310ce7d486ab | - |
AK Ashok Kumar Dayashanker Madeka | - | – | unknown_65cc696cea9440b6a | - |
BJ Bharat Jitenbhai Madeka | - | – | unknown_ec941a3a7cb74a4fb | - |
HP Hemal Paresh Madeka | - | – | unknown_c6898ba805114ddc9 | - |
Investor details for Rolex Rings
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Rolex Rings Limited (Rolex Rings)
Rolex Rings Limited is the primary company behind Rolex Rings. The board of Rolex Rings Limited currently have 6 directors; the longest-serving is Manesh Dayashankar Madeka, appointed in 2003. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manesh Dayashankar Madeka DIN 01629788 | Managing Director | 13 Feb 2003 | 23 yrs 7 mo | Rolex Rings Limited |
| Bhoutik Dayashankar Madeka DIN 01761543 | Whole-time director | 21 Feb 2017 | 9 yrs 7 mo | Rolex Rings Limited |
| Mihir Rupeshkumar Madeka DIN 01778561 | Whole-time director | 21 Feb 2017 | 9 yrs 7 mo | Rolex Rings Limited |
| Jignasa Pravinchandra Mehta DIN 08035567 | Director | 12 Mar 2021 | 5 yrs 6 mo | Rolex Rings Limited |
| Ashit Ravishankar Vankani DIN 08988523 | Director | 12 Mar 2021 | 5 yrs 6 mo | Rolex Rings Limited |
| Pravinchandra Ratilal Dholakia DIN 00844014 | Director | 12 Mar 2021 | 5 yrs 6 mo | Rolex Rings Limited |
People of Rolex Rings
3 people are tracked at Rolex Rings (3 in leadership); the tracked headcount is 2,580.
| Name | Role | Group |
|---|---|---|
| Co-Founder & Owner & Managing Director | Leadership | |
| Co-Founder | Leadership | |
Harshad Mehta | CEO | Leadership |
Complete people profiles for Rolex Rings
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
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.
- IPO date09 Aug 2021
- Listed onBSE: 543325 · NSE: ROLEXRINGS
- Listed entityRolex Rings Limited
- Exchange sectorProducer manufacturing
- ISININE645S01024
- Share price₹169.14 (-0.59% on the day) · 2026-10-09
- Market capitalisation₹4,428 Cr
- Price to earnings30.3
- EPS (diluted, trailing year)₹5.58
- Volume (last session)1,460,918
Financials of Rolex Rings
Figures of Rolex Rings Limited, the primary company behind Rolex Rings, for FY 2023. Revenue was ₹1,198 Cr. Net profit was ₹198 Cr (17% margin). EBITDA was ₹280 Cr (23% margin).
- ₹1,198 CrRevenue · FY 2023
- ₹198 CrNet profit · 17% margin
- ₹280 CrEBITDA · 23% margin
- 1,879Employees (provident fund records)
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | ₹1,130 Cr | ₹141 Cr | ₹221 Cr |
| 2024 | ₹1,139 Cr | ₹174 Cr | ₹229 Cr |
| 2023 | ₹1,205 Cr | ₹156 Cr | ₹250 Cr |
| 2022 | ₹1,163 Cr | ₹198 Cr | ₹248 Cr |
| 2021 | ₹998 Cr | ₹132 Cr | ₹219 Cr |
Balance sheet, profit and loss, cash flow and ratios of Rolex Rings Limited are on its company page.
Detailed financial statements for Rolex Rings
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Rolex Rings
5 dated milestones of Rolex Rings across 46 years, from founding to its latest funding, stage changes and deals.
- Founded Rolex Rings is founded.
- Funding First funding round of $38.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Private Equity Round, of $2.3M.
- IPO Lists on the stock exchange (IPO).
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nsk.com | 1916 | Koga, Japan | – | 31,861 | Major auto components are manufactured and supplied globally. | |
| fersa.com | 1968 | Zaragoza, Spain | – | – | Bearings are manufactured and supplied to aftermarkets by Fersa. | |
| nrbbearings.com | 1965 | Mumbai, India | – | 58 | Manufactures and supplies roll bearings | |
| ravitechnoforge.com | 1990 | Rajkot, India | $2.52M | 1,040 | High precision forged products are manufactured for the automotive sector. | |
| daidometal.com | 1939 | Nagoya, Japan | – | 66 | Bearings and components are manufactured and supplied for multiple industries. | |
| nbcbearings.com | 1946 | Jaipur, India | – | – | Bearings are manufactured and exported by NBC Bearings globally. | |
| galaxybearings.com | 1990 | Rajkot, India | – | 203 | Bearings are manufactured and supplied to OEMs for vehicles. | |
| ntnamericas.com | 1918 | Mount Prospect, United States | – | 3,663 | Produces bearings and joints for automotive and industrial applications globally. |
Detailed competitors of Rolex Rings
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Rolex Rings
The website of Rolex Rings (rolexrings.com) receives about 3.5K visits a month.
- Monthly visits3.5K
▼ 34.4% vs previous month
Latest news on Rolex Rings
Complete news archive for Rolex Rings
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Rolex Rings
10 companies that operate in the same segment as Rolex Rings (Automotive Manufacturing & Components), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of infotainment and audio solutions for multiple sectors | 1980 | Stamford, Connecticut, United States | – | – | – | |
Manufacturer of gas-powered construction equipment | 1919 | United States | – | USD 1.21 B | 5,230 | |
Electrical and electronic parts for automobiles are provided by SEDEMAC. | 2007 | Pune, Maharashtra, India | USD 26.22 M | USD 32.69 M | 415 | |
Manufacturer of forklifts, warehouse equipment and other industrial trucks | 2006 | Germany | USD 587.14 M | USD 13.28 B | 42,720 | |
Automobiles and related products are manufactured by Volvo Cars. | 1927 | Goteborg, Vastra Gotaland, Sweden | USD 1.07 B | USD 38.79 B | 42,600 | |
Motor vehicles and parts are manufactured, imported, distributed, and sold. | 1994 | Irvine, California, United States | – | USD 79.03 B | 35,750 | |
Automotive manufacturing company | 1916 | Munchen, Bayern, Germany | – | USD 156.8 B | – | |
Rechargeable batteries are distributed globally by BYD. | 1994 | Los Angeles, California, United States | – | – | 269 | |
Automotive vehicles including cars, trucks, and SUVs are manufactured. | 1957 | Plano, Texas, United States | – | – | – | |
Motorcycles are manufactured, along with parts, apparel, and financial services. | 1903 | Milwaukee, Wisconsin, United States | – | USD 4.47 B | 5,900 |
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Frequently Asked Questions about Rolex Rings
Rolex Rings was founded in 1975 and raised its 1st funding round 32 years after it was founded.
Rolex Rings is headquartered in Rajkot, India. It is registered at Rajkot, Gujarat, India.
Harshad Mehta is the current CEO of Rolex Rings.
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 2007.
Rolex Rings has 2,580 employees.
The primary company behind Rolex Rings, Rolex Rings Limited, reported revenue of ₹1,198 Cr for FY 2023.
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.
Rolex Rings's top competitors include NSK, NRB Bearings and Fersa Bearings.
Yes, Rolex Rings is publicly traded on NSE under the ticker symbol ROLEXRINGS.
Rolex Rings has 13 investors. Key investors include NSR Partners, Manesh Dayashankar Madeka, Sanjykumar Bhagwandas Bole, NSR Partners, and Pinakin Dayashankar Madeka.
The valuation of Rolex Rings is $74.57M as of Apr 2010.
Rolex Rings operates through Rolex Rings Limited.