Company IP Rings Limited

Equities

IPRINGLTD

INE558A01019

Auto, Truck & Motorcycle Parts

Market Closed - Bombay S.E. 06:00:51 2024-05-15 EDT 5-day change 1st Jan Change
177.4 INR +1.87% Intraday chart for IP Rings Limited -1.14% +4.29%

Business Summary

IP Rings Limited is an India-based manufacturing and engineering solution provider. The Company is engaged in the manufacture of engine and transmission components. The Company is engaged in the manufacturing and sale of auto components - piston rings, differential gears, pole wheel and other transmission components. It is specialized in the production of piston rings in high carbon high alloy steels and nodular iron with a variety of surface coatings that find application in high performance low emission engines. It also produces a series of transmission parts and other components for automotive and related industries employing precision forging technology. The Company's piston rings products include top ring, second ring, oil ring and honeywell (turbo charger). Its OCF products include rotor shaft-1, synchro cone with lining, miba carbon lining, synchro cone, gear shift sleeve, gear and pinion-three wheelers, gear and pinion-commercial vehicles, and gear and pinion-passenger cars.

Number of employees: 487

Sales per Business

INR in Million2022Weight2023Weight Delta
Orbital Cold Forming
66.2 %
1,712 62.8 % 2,139 66.2 % +24.98%
Rings
22.4 %
687 25.2 % 723 22.4 % +5.29%
Pin
6.8 %
177 6.5 % 221 6.8 % +24.45%
Tooling
1.6 %
59 2.2 % 51 1.6 % -13.26%
Scrap
1.3 %
26 0.9 % 42 1.3 % +64.58%
Export Incentives
1.1 %
40 1.5 % 36 1.1 % -9.43%
Services
0.6 %
27 1.0 % 21 0.6 % -23.87%

Sales per region

INR in Million2022Weight2023Weight Delta
India
63.3 %
1,615 59.2 % 2,046 63.3 % +26.73%
Thailand
24.7 %
812 29.8 % 799 24.7 % -1.72%
United States
8.8 %
235 8.6 % 284 8.8 % +20.82%
Rest of the World
2.1 %
25 0.9 % 68 2.1 % +168.48%
Unallocated
1.1 %
40 1.5 % 36 1.1 % -9.43%

Managers

Managers TitleAgeSince
Chief Executive Officer 56 -
Compliance Officer - 11-13
Chief Operating Officer - -
Human Resources Officer - -
Sales & Marketing - -
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Chief Operating Officer - -
Chief Executive Officer 56 -
Director/Board Member - 14-09-29
Director/Board Member - 19-05-15
Director/Board Member 66 19-11-06
Director/Board Member - 21-10-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 12,675,865 4,080,293 ( 32.19 %) 0 32.19 %

Shareholders

NameEquities%Valuation
704,200 5.555 % 2 M ₹

Company contact information

IP Rings Ltd.

D11/12, Industrial Estate Mariamalai Nagar

603209, Chengelpet

+91 44 2745 2816

http://www.iprings.com
address IP Rings Limited(IPRINGLTD)
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