Rolex Rings Limited - machinery and equipment in Rajkot, Gujarat, India. FY 2026 financials and compliance.
CIN L28910GJ2003PLC041991 Incorporated 13 February 2003 ROC Ahmedabad HQ Rajkot, Gujarat, India
Active Listed Public Limited Company machinery and equipment
Data last updated
Revenue · FY 2023
₹1,198.25 Cr
▲ 16.55% YoY
EBITDA · FY 2023
Locked
In full report
Net profit · FY 2023
Locked
In full report
Authorised capital
₹56 Cr
Registered with MCA
Paid-up capital
₹27.23 Cr
Issued & subscribed
Open charges
₹1,839.7 Cr
Satisfied ₹62.96 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
1,879
Latest available

About Rolex Rings Limited

Data last updated: 14 July 2026

Rolex Rings Limited is a public limited company based in Rajkot, Gujarat, India. It specialises in industrial tools and components, a part of the broader machinery and industrial equipment sector. Incorporated on 13 February 2003, the company has been in operation for over 23 years.

Registered with ROC Ahmedabad under CIN L28910GJ2003PLC041991. Listed.

Capital: an authorised share capital of ₹56 Cr and a paid-up capital of ₹27.23 Cr. Formerly known as Rolex Rings Private Limited. It is led by directors including Manesh Dayashankar Madeka and Bhoutik Dayashankar Madeka.

Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: B/H. Glowtech Steel Private Limited Gondal Road Kotharia, Rajkot, Gujarat, India – 360004.

As per the financials filed for FY 2023, the company reported a revenue of ₹1,198.25 Cr.

The company has a workforce of approximately 1,879 employees as per the latest available data.

The company is associated with 2 brands - Solar Ace, Rolex Rings. As per MCA filings, the company has open charges of ₹1,839.7 Cr and satisfied charges of ₹62.96 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rolexrings.com.

Company Details of Rolex Rings Limited
CIN L28910GJ2003PLC041991
Registration Number 041991
Incorporation Date 13 February 2003
ROC Ahmedabad
Listing Status Listed
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
    Locked
  • Registered Address
    B/H. Glowtech Steel Private Limited Gondal Road Kotharia, Rajkot, Gujarat, India – 360004
  • Industry
    Machinery and Equipment, Industrial Tools & Components
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Financials, compliance, directors, charges, ownership and filings for Rolex Rings Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Rolex Rings Limited

Rolex Rings Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L28910GJ2003PLC041991, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L28910GJ2003PLC041991 Current
U28910GJ2003PTC041991 Previous
U28910GJ2003PLC041991 Previous

Associated Brands with Rolex Rings Limited

Rolex Rings Limited operates two associated brands: Solar ACE and Rolex Rings. These brands represent Rolex Rings Limited's diversified market presence and brand portfolio.

Brand Description Website
Offers solar panel systems for homes and businesses to promote energy efficiency. solaraceenergy.com
Forged and machined components are produced for industrial bearings. rolexrings.com

Competitors & Alternatives of Rolex Rings Limited

Brands and companies operating in the same space as Rolex Rings Limited include Gensol, BHI Energy, NSK and 7 more.

Competitor Description Location Founded
Gensol Gensol Provider of solar advisory and execution services Ahmedabad, India, India 2007
BHI Energy BHI Energy Renewable energy and oil & gas projects are developed. Weymouth, United States, United States 1979
NSK NSK Major auto components are manufactured and supplied globally. Koga, Japan, Japan 1916
NRB Bearings NRB Bearings Manufactures and supplies roll bearings Mumbai, India, India 1965
Fersa Bearings Fersa Bearings Bearings are manufactured and supplied to aftermarkets by Fersa. Zaragoza, Spain, Spain 1968
NovaSource Power Services NovaSource Power Services Solar operations and maintenance services are provided globally. Austin, United States, United States 2020
Galaxy Bearings Galaxy Bearings Bearings are manufactured and supplied to OEMs for vehicles. Rajkot, India, India 1990
SunSystem Technology SunSystem Technology Operations and maintenance services are provided for solar energy systems. Rancho Cordova, United States, United States 2008
ENER-PACTE ENER-PACTE Provider of O&M services for solar power plants Lyon, France, France 2016
Ravi Technoforge Ravi Technoforge High precision forged products are manufactured for the automotive sector. Rajkot, India, India 1990

Auditor Details of Rolex Rings Limited

Rolex Rings Limited is audited by S R B C & Co. LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
S R B C & Co. LLP Locked Locked Locked
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Complete auditor history for Rolex Rings Limited

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Board of Directors of Rolex Rings Limited

Rolex Rings Limited is currently managed by 6 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Manesh Dayashankar Madeka Managing Director 13 Feb 2003 23 Years 6 Months Current
Bhoutik Dayashankar Madeka Whole-Time Director 21 Feb 2017 9 Years 6 Months Current
Mihir Rupeshkumar Madeka Whole-Time Director 21 Feb 2017 9 Years 6 Months Current
Jignasa Pravinchandra Mehta Director 12 Mar 2021 5 Years 5 Months Current
Ashit Ravishankar Vankani Director 12 Mar 2021 5 Years 5 Months Current
Pravinchandra Ratilal Dholakia Director 12 Mar 2021 5 Years 5 Months Current

Financials of Rolex Rings Limited FY 2025 filings available

Rolex Rings Limited reported revenue of ₹1,198.25 Cr for FY 2023.

Revenue · FY 2023
₹1,198.25 Cr
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Ten-year financial statements for Rolex Rings Limited

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Ownership and Shareholding of Rolex Rings Limited

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Shareholding and ownership data for Rolex Rings Limited

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Charges & Borrowings of Rolex Rings Limited

Open charges
₹1,839.7 Cr
Satisfied charges
₹62.96 Cr
Breakdown by lending institutions
Others₹898.22 Cr
Corporation Bank₹514.75 Cr
Oriental Bank of Commerce₹186.06 Cr
Union Bank of India₹110.42 Cr
Bank of Baroda₹60.00 Cr
Others₹70.25 Cr
Latest charge details
DateLenderAmountStatus
03 Dec 2016 Others ₹11.2 Cr Open
29 Oct 2016 Bank of India ₹1.83 Cr Open
24 Sep 2015 Oriental Bank of Commerce ₹5 Cr Open
19 Mar 2012 Bank of Baroda ₹5 Cr Open
24 Mar 2011 Union Bank of India ₹5 Cr Open

Total charge records: 24 View all charges

Employees and EPFO Compliance at Rolex Rings Limited

Rolex Rings Limited has a workforce of 1,879 employees as of Apr 07, 2024.

Employee count
1,879
Active EPFO establishments
1
Employee growth
1.57%
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Employee and EPFO history for Rolex Rings Limited

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GST Compliance of Rolex Rings Limited

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GST registrations and filing compliance for Rolex Rings Limited

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Credit Ratings, Litigation & Regulatory Alerts for Rolex Rings Limited

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Credit ratings, litigation, and regulatory alerts for Rolex Rings Limited

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MSME Payment Delays by Rolex Rings Limited

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MSME payment history for Rolex Rings Limited

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Subsidiaries & Group Companies of Rolex Rings Limited

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Corporate group structure for Rolex Rings Limited

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MCA Filings & Documents of Rolex Rings Limited

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MCA filings and documents for Rolex Rings Limited

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Recent Activity on Rolex Rings Limited

Charges
07 May 2026
A charge registered on 14 Oct 2013 via Charge ID 10456985 with Idbi Bank Limited was fully satisfied on 07 May 2026.
Activity
29 Sep 2025
Rolex Rings Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Rolex Rings Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
02 Jun 2021
A charge with Others of Rs. 443.51 Cr registered on 23 Jan 2009 with Charge ID 10143781 was modified on 02 Jun 2021.
Charges
20 Mar 2021
A charge with Others of Rs. 443.51 Cr registered on 23 Jan 2009 with Charge ID 10141628 was modified on 20 Mar 2021.
Directors
12 Mar 2021
Hiren Dilipbhai Doshi was appointed as a CFO on 12 Mar 2021 & has been associated with this company since 5 years 6 months.

Recent News on Rolex Rings Limited

Frequently Asked Questions about Rolex Rings Limited

Rolex Rings Limited is an active public limited company in the machinery and equipment sector based in Rajkot, Gujarat, India. It was incorporated on 13 February 2003 (23+ years old) and is registered under CIN L28910GJ2003PLC041991. The company has 1,879 employees.

Rolex Rings Limited reported revenue of ₹1,198.25 Cr for FY 2023.

The current directors of Rolex Rings Limited are:

The primary industry of Rolex Rings Limited is machinery and equipment. The company specifically operates in industrial tools and components. The company is currently active in this sector.

Yes, Rolex Rings Limited is a listed company.

Rolex Rings Limited can be reached at the registered office: BH. Glowtech Steel Private Limited Gondal Road Kotharia, Rajkot, Gujarat, India – 360004, or through the website rolexrings.com.

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