Rolex Rings Limited - Company Profile

Q: Where is Rolex Rings Limited headquartered?

Rolex Rings Limited is headquartered at BH. Glowtech Steel Private Limited Gondal Road, Kotharia, Rajkot, Gujarat, 360004.

Q: Who are the current directors of Rolex Rings Limited?

The current directors of Rolex Rings Limited are Jignasa Pravinchandra Mehta, Hiren Dilipbhai Doshi, Ashit Ravishankar Vankani, Pravinchandra Ratilal Dholakia, Hardik Dhimantbhai Gandhi, Bhoutik Dayashankar Madeka, Manesh Dayashankar Madeka, Mihir Rupeshkumar Madeka.

It is a machinery and equipment public limited company based in Rajkot, Gujarat, India, established in 2003.

2003 Rajkot, Gujarat, India Active

Last Updated: December 19, 2025

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About Rolex Rings Limited

Rolex Rings Limited, a active public limited company, was established on 13 February 2003 in Rajkot, Gujarat, India. Engaging in industrial tools & components within the manufacturing sector, it holds CIN: L28910GJ2003PLC041991. Registered under ROC Roc Ahmedabad. it is listed. It has an authorized capital of ₹56.00 Cr and a paid-up capital of ₹27.23 Cr.

Formerly known as Rolex Rings Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹1,198.25 Cr and a net worth of ₹743.01 Cr. Employing 1,879 professional, Its leadership includes Jignasa Pravinchandra Mehta (Director), Ashit Ravishankar Vankani (Director), Pravinchandra Ratilal Dholakia (Director). Past directors included Dipesh Dhirajlal Kundaliya, Paresh Dayashankar Madeka, Pinakin Dayashankar Madeka. It holds ₹1,872.66 Cr open charges and ₹30.00 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at B/H. Glowtech Steel Private Limited Gondal Road, Kotharia, Rajkot, Gujarat, 360004.

Company Details

CIN/LLPIN
L28910GJ2003PLC041991
Registration Number
041991
Incorporation Date
13 February 2003
Authorized Capital
₹56.00 Cr
Paid-Up Capital
₹27.23 Cr
ROC Code
Roc Ahmedabad
Listing Status
Listed
Company Status
Active

Key Metrics

Authorised Capital ₹ 56.00 Cr as on 19-12-2025
Paid Up Capital ₹ 27.23 Cr as on 19-12-2025
Company Age 23 Year, 1 Day
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 1,872.66 Cr as on 19-12-2025
Satisfied Charges ₹ 30.00 Cr as on 19-12-2025
Revenue Growth **** 16.55% (FY 2023)
Profit Growth **** 50.21% (FY 2023)
Ebitda **** 13.89% (FY 2023)
Net Worth 36.38% (FY 2023)
Total Assets **** 2.83% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Rolex Rings Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Rolex Rings Limited?

Current Directors

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

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	10 Aug 2023	Past
Pramod Abcsdd	Director	12 Sep 2007	Past
Pramod Abcsdd	Director	12 Sep 2007	Past
Pramod Abcsdd	Director	18 Mar 2015	Past
Pramod Abcsdd	Director	18 Mar 2015	Past

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Financial Performance of Rolex Rings.

Rolex Rings Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.55% increase. The company also saw a substantial improvement in profitability, with a 50.21% increase in profit. The company's net worth Soared by an impressive increase of 36.38%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

16.55%

*******

Revenue from Operations

*******

15.96%

*******

Total Assets

*******

2.83%

*******

Profit or Loss

*******

50.21%

*******

Net Worth

*******

36.38%

*******

EBITDA

*******

13.89%

*******

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What is the Ownership and Shareholding Structure of Rolex Rings?

In 2022, Rolex Rings had a promoter holding of 57.64% and a public holding of 42.35%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹18,726,622,000.00

Satisfied Charges

₹300,000,000.00

Charges 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 : 103.21 Cr

Latest Charge Details

Date	Lender	Amount	Status
03 Dec 2016	Others	₹11.20 Cr	Open
29 Oct 2016	Bank Of India	₹1.83 Cr	Open
24 Sep 2015	Oriental Bank Of Commerce	₹5.00 Cr	Open
14 Oct 2013	Idbi Bank Limited	₹32.96 Cr	Open
19 Mar 2012	Bank Of Baroda	₹5.00 Cr	Open

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How Many Employees Work at Rolex Rings?

Rolex Rings has a workforce of 1879 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Rolex Rings, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Rolex Rings's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Rolex Rings

Recent Activity within the Organization

Annual General Meeting

The activity Rolex Rings Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was completed.
29 Sep 2025
Balance Sheet

The activity Rolex Rings Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.
31 Mar 2025
Charges

A charge with Others of Rs. 443.51 Cr registered on 23 Jan 2009 with Charge ID 10143781 was modified on 02 Jun 2021. was recorded as a recent event.
02 Jun 2021
Charges

A charge with Others of Rs. 443.51 Cr registered on 23 Jan 2009 with Charge ID 10141628 was modified on 20 Mar 2021. was recorded as a recent event.
20 Mar 2021
Director Appointment

The activity Jignasa Pravinchandra Mehta was appointed as a Director was appointed as a Director on 12 Mar 2021 & has been associated with this company since 4 years 11 months . was completed.
12 Mar 2021
Director Appointment

The activity Hiren Dilipbhai Doshi was appointed as a CFO was appointed as a CFO on 12 Mar 2021 & has been associated with this company since 4 years 11 months . was completed.
12 Mar 2021

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