Ring Plus Aqua Unlisted Share Price

Ring Plus Aqua Limited Unlisted Share - Company Overview

RING PLUS AQUA LIMITED is engaged in the business of manufacturing automotive components including Water Pump Gears, Starter Gears, Sheet Metal Pulleys, Flexplates, and Machined Components. The company caters to domestic and international Original Equipment Manufacturers along with after-market customers in a diverse range of industries such as automotive, non-automotive, industrial and power generators, agricultural, off-highway vehicles, earth-moving equipment, and marine applications.

The company’s core strength lies in its strong relationship with global Original Equipment Manufacturers and suppliers. The company has a multi-industry presence with a focus on passenger and commercial vehicle segments, industrial and power generators, and earth-moving equipment.

The manufacturing facilities of Ring Plus Aqua Limited for Ring Gears, Integral Shaft bearings, Flexplates, Sheet Metal Pulley, and machine components are located in the industrial belt of Nashik, Maharashtra. A new manufacturing facility was commissioned in Sinnar, Maharashtra, in May 2019, further adding around 2 million pieces of capacity for ring gears, making this company the second-largest player (by size) in India. Ring Plus Aqua Limited exports its products to the USA, Europe, South America, China, Japan, Australia, and Southeast Asia. Exports contribute around 65% to the Total Revenue of the company. The company also serves the JIT (Just In Time) requirements of its customers through its warehouse in the United States. Ring Plus Aqua Limited serves some of the prominent brands of India. Some of them are Fiat, BMW, Honda, Eicher, Escorts, Ford, Cummins, Tata, and many more.

Ring Plus Aqua Unlisted Share Details as of March 31, 2024

Ring Plus Aqua Limted Incorporation Details

Ring Plus Aqua Limted Principal Business Activities

Ring Plus Aqua Limted Board of Directors

Shri Ravikant Uppal (Chairman)

Shri Gautam Hari Singhania

Shri Bhuwan Kumar Chaturvedi

Shri Vipin Agarwal

Shri V. Balasubramanian

Shri Parthiv Kilachand

Ring Plus Aqua Limted Shareholding Pattern (As of 31-03-2024)

Industry Outlook

 India is the 4th largest auto market in the world. India is expected to replace Japan as the third-largest auto market. In India, the two-wheeler segment dominates the automobile market in terms of volume. Apart from this, India is the largest Tractor manufacturer, 2nd largest bus manufacturer, and 3rd largest heavy trucks manufacturer in the world. India is also a big exporter of automobiles and automotive products and has very strong growth expectations in the future.

FAQ Related to Ring Plus Aqua Limited

Q.1) Is Ring Plus Aqua Limited is a private or public company?

Ring Plus Aqua Limited is a Public incorporated on 11 September 1986. 

Q.2) Do Ring Plus Aqua Limited listed or not?

Ring Plus Aqua Limited is Unlisted Share the Company has a multi-industry presence with a focus on passenger and commercial vehicle segments, industrial and power generators, and earth-moving equipment.

Q.3) in which field the work of Ring Plus Aqua Limited is?

Ring plus aqua limited comes under the Auto Components sector. 

Q.4) how is new Ring plus Aqua limited is in liquid category?

In general, Ring Plus Aqua Limited 's increased ability to satisfy its short-term financial obligations with its current assets is shown by the rise in the current ratio. This implies that as of March 31, 2023, the company 's liquidity position is superior to that of March 31, 2022. Nonetheless, in order to fully comprehend the company 's liquidity situation, it is imperative to take into account additional variables including industry standards and anticipated future cash flow.

Q.5) Do the name of company changes and what was the name before change?

In 1997 Ring Gears & Aqua Bearings were merged to form Ring Plus Aqua Ltd. 2005. Raymond acquired controlling interest in Ring plus Aqua Ltd. Supplies started to BMW / Maruti Suzuki / TATA Hexa for Flex plates.