IP Rings Ltd

IP Rings Ltd | Sector: Auto Ancillaries | ISIN: INE558A01019

₹ 137.90 (15.84%) icon

29 Jan, 2015, 12:00:00 AM
Open
₹ 141.50
Prev. Close
₹ 119.04
Turnover(lac)
₹ 68.72
Day's High
₹ 144.95
Day's Low
₹ 131.50
52 Wk High
₹ 0.00
52 Wk Low
₹ 0.00
Book Value
₹ 90.71
Face Value
₹ 10.00
Mkt. Cap (Cr.)
₹ 174.80
P/E
17.04
EPS
5.18
Div. Yield
2.27

KEY RATIOS

sector: Auto Ancillaries

  • CMP

    as on 1/29/2015 12:00:00 AM

    ₹ 137.9 18.86 15.84
  • Open
  • ₹ 141.5
  • Prev. Close
  • ₹ 119.04
  • Turnover(Lac.)
  • ₹ 69
  • Day's High
  • ₹ 144.95
  • Day's Low
  • ₹ 131.5
  • 52 Week's High
  • ₹ 0
  • 52 Week's Low
  • ₹ 0
  • Book Value
  • ₹ 90.71
  • Face Value
  • ₹ 10
  • Mkt Cap (₹ Cr.)
  • 174.8
  • P/E
  • 17.04
  • EPS
  • 5.18
  • Divi. Yield
  • 2.27

Corporate Actions

24 Jan , 2023

12:00 AM

Board Meeting

Agenda: Audited Results

View Details

24 Jan , 2023

12:00 AM

05 Nov , 2022

12:00 AM

Board Meeting

Agenda: Audited Results

View Details

05 Nov , 2022

12:00 AM

29 Jul , 2022

12:00 AM

Board Meeting

Agenda: Audited Results

View Details

27 May , 2022

12:00 AM

AGM

Announcement date: 27 May , 2022

View Details

29 Jul , 2022

12:00 AM

27 May , 2022

12:00 AM

Dividend

Dividend amount: 2
Announcement date: 27 May , 2022

View Details

19 May , 2022

12:00 AM

Board Meeting

Agenda: Audited Results

View Details

20 Jul , 2022

12:00 AM

BookCloser

View Details

SHAREHOLDING SNAPSHOT
02 April , 2023 | 01:58 AM

PROMOTER - TOTAL56.58%

Indian: 56.58%

Foreign: 0%

NON-PROMOTER - TOTAL 43.42%

Institutions: 0.00%

Non-Institutions: 43.42%

CUSTODIES - 0.00%

Custodies: 0.00%

See More Details

Invest wise with Expert advice

mobile icon
  • Open Demat with exclusive Advice & Services
  • Get a dedicated Relationship Manager to help you grow your wealth
  • Exclusive advisory on 20+ trading & wealth based investment options
  • One tap Investments, Automated trading & much more
  • Minimum 1 lakh margin required

IP Rings Ltd News and Update

Article Image
  • 27 March, 2023 |
  • 4:08 PM

The valuation of the company was estimated to be up to $3 billion.

Image not found
  • IIFL News Service |
  • 24 March, 2023 |
  • 4:03 PM
Article Image
ad IconAd Image

FINANCIALS

PEER COMPARISON

Figures of Market Capital(Mar Cap), Quaterly Net Profit(NP Qtr) and Quaterly Sales(Sales Qtr) are in ₹ Cr.View All Peer Comparison

MORE ABOUT IP Rings Ltd

  • A Venkataramani

  • Managing Director
  • Sandhya Shekhar

  • Independent Director
  • Vikram Vijayaraghavan

  • Independent Director
  • Navin Paul

  • Independent Director
  • V Anantha Subramaniam

  • Company Sec. & Compli. Officer
  • Ryosuke Hasumi

  • Nominee
  • M. Govindarajan

  • Whole-time Director

Summary

I P Rings Ltd., a part of Chennai based Amalgamation Group is into manufacture of piston rings. Nippon Piston Rings, Japan. is the collaborator of the company.IP Rings was incorporated in Jan.91 and went public in May 92. The proceeds from this public issue is used to part-finance its project to manufacture piston rings in collaboration with Nippon Piston Rings, Japan. The company has an installed capacity to produce 75 lakh piston rings per annum and markets it under the brand name IPL-Powerpack. It products are used in mopeds, motorcycles, scooters, three-wheelers, cars, commercial vehicles, tractors, compressors and industrial engines.In 1994-95, the company commissioned its gas nitriding facility and capacity increased from 20 lac to 30 lac rings pa. It also entered into a new collaboration with Nippon Piston Rings, Japan, to manufacture Nifflex-S three-piece oil rings. Facilities for these rings, S G iron rings and cast iron rings was set up, which involved a substantial capital outlay. During 1995-96, the company issued 3,52,100 equity shares of Rs 10 each on preferential basis priced at Rs 157 per share to Nippon Piston RingCo. Ltd., Japan. The company has also issued 3,65,100 convertible warrants on preferential basis to the promoter companies on the basis of 1 equity share of Rs 10 each for every warrant to be converted atRs 157 per share.Companys new line for manufacturing two-wheelers rings will be going into production shortly and will start to contribute to the... Read More


Reports by IP Rings Ltd


Reports by IP Rings Ltd