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
$133.32 M (USD)-5.51as on Mar 31, 2025
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Net Profit
$20.37 M (USD)11.51as on Mar 31, 2025
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EBITDA
$26.8 M (USD)-8.29as on Mar 31, 2025
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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 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 |
|
| Sep, 2007 | Amount | Debt – Conventional - Rolex Rings | 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.
| 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 |
Investments & Acquisitions by Rolex Rings
Financial Statements - Rolex Rings
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.
| 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.
|
|
| domain | founded_year | HQ Location |
Bearings and components are manufactured and supplied for multiple industries.
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Latest news on Rolex Rings
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 28, 2007.
As of Mar 31, 2024, the latest employee count at Rolex Rings is 2,580.
Annual revenue of Rolex Rings is $133.32M as on Mar 31, 2025.
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 ticker symbol of Rolex Rings is ROLEXRINGS on NSE.
The valuation of Rolex Rings is $74.57M as of Apr 2010.