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    ROLEX RINGS LTD.

    25 July 2025 | 12:00

    Industry >> Forgings

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    ISIN No INE645S01016 BSE Code / NSE Code 543325 / ROLEXRINGS Book Value (Rs.) 366.25 Face Value 10.00
    Bookclosure 52Week High 2794 EPS 63.89 P/E 23.06
    Market Cap. 4013.10 Cr. 52Week Low 1210 P/BV / Div Yield (%) 4.02 / 0.00 Market Lot 1.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.
    The Company started its business under the partnership firm by the name of `Rolex Industries' by two of the Promoters, Rupesh Dayashankar Madeka and Manesh Dayashankar Madeka in 1977-1978. The partnership deed was executed at Rajkot on April 26, 1988 and Jiten Dayashankar Madeka was admitted as partner in Rolex Industries. Further, on October 10, 1989, Ashok Dayashankar Madeka and Pinakin Dayashankar Madeka were admitted as partners in Rolex Industries and on December 31, 2002, Bhautik Dayashankar Madeka, Paresh Dayashankar Madeka, Mihir Rupeshkumar Madeka, Hemal Paresh Madeka and Sanjay Bhagwanji Bole were admitted as partners in Rolex Industries. The partnership firm was, thereafter, converted into a joint stock company under the Companies Act, 1956, in the name of `Rolex Rings Private Limited', and a certificate of incorporation dated February 13, 2003, was issued by the RoC. The name of the Company was further changed to Rolex Rings Limited upon conversion to a public limited company pursuant to the special resolution dated February 19, 2021 passed by the Shareholders of the Company and a fresh certificate of incorporation was issued by the RoC on March 10, 2021.

    Major events and milestones :
    1977
    - Commencement of business in the name of Rolex Industries

    1978
    - Formation of partnership firm in the name of Rolex Industries

    1988
    - Started manufacturing of forging and forged products

    1989
    - Obtained Importer-Exporter code for export of business

    1991
    - Commissioning of Unit 1

    2003
    - Purchase of Sakamura model HBP-160
    - Conversion of partnership firm into Company

    2007
    - Purchased 6 Manyo 600 tons Auto Forging Press
    - Investment by Rivendell PE LLC
    - Purchase of (a) Hatebur Hotmatic - HM75XL Hot Former, (b) Sakamura Model HBP - 120SS
    - Availed registration of central excise for Unit 2

    2010
    - Purchase of SMS MEER Ring Rolling line

    2011
    - Purchase of Hatebur-Hotmatic@ HM 35 Machine

    2014
    - Setting up of Unit 3

    2017
    - Purchase of Sakamura Model: HFW-1000-4 Hot Former

    2018
    - Purchase of Servomoto Driven Screw Press 16000kN from Enomoto Machine Co. Limited

    2019
    - Crossed Rs. 9,000 million in revenue in Fiscal 2019 

    Way2Wealth Brokers Private Limited - CIN U67120KA2000PTC027628 Stock Broking: SEBI Regn No.: INZ000178638 | Exchange Membership ID: NSE: 11502, BSE: 3117, MSEI:51000, MCX: 56730 Depository Participant: SEBI Regn No. IN-DP-472-2020 | CDSL ID: 12062900 & 12031500, NSDL ID: IN303077 | Research Analyst: SEBI Regn No. INH200008705 | PMS: SEBI Regn No.INP000000829 | Register with AMFI ARN: 77558 (Date of Initial registration - 8th Dec 2009, Date of expiry - 24th Jan 2027) | PFRDA: POP226012019

    Way2Wealth Commodities Private Limited - CIN U51229KA2006PTC039880 Stock Broking: SEBI Regn No.: INZ000049130 | Exchange Membership ID: NCDEX : 00908

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