Ring Plus Aqua Unlisted Share
Ring Plus Aqua Ltd. (JK group, Raymond)
INE093H01012
Listing Status: DRHP Not Filed
Only NSDL
About Ring Plus Aqua Unlisted Share
Overview of Ring Plus Aqua Unlisted Share
- Raymond Ltd ventured into the auto component industry by acquiring Ring Plus Aqua in 2005. Over the years, Ring Plus Aqua has established itself as a major player in the Flywheel Ring Gear market, both in India and internationally.
- Ring Plus Aqua Limited (RPAL) is a leading manufacturer of a wide range of automotive and engineering products, including starter gears, water pump bearings, flexplates, and machined components.
- With a strong presence in the global automotive and non-automotive industries, RPAL operates from its base in Nashik and maintains its corporate office in Mumbai, India.
- The company emphasizes advanced manufacturing technologies, utilizing cutting-edge hobbing to enhance productivity and speed in ring gear production. For bearings, they employ an automated assembly line and a 100% online noise testing facility. Flexplates benefit from a high-speed laser welding facility.
Products
1. Ring Gears & Sensor Rings
The ring gear, a crucial component on the engine flywheel, engages with the starter motor's pinion to crank the engine during startup. It transfers starting torque from the starter to the engine crankshaft. Widely used across various industries, ring gears are found in passenger cars, trucks, tractors, earth-moving equipment, marine engines, lawn mowers, and industrial power generation.
2. Water Pump Bearings
A key component that replaces the conventional water pump assembly is the integral shaft bearing, which circulates coolant from the radiator through the engine to maintain optimal temperature.
3. Flexplate
The flexplate is a crucial part of the powertrain in automatic transmission vehicles. It connects the engine to the torque converter, enabling power transfer from the engine to the transmission. Acting as both a coupling and a vibration dampener, the flexplate replaces the flywheel and clutch assembly found in manual transmissions.
Facilities:
1. Starter Gear Divison:
Ring Plus Aqua’s starter gear division specializes in manufacturing Flywheel Starter Ring Gears for petrol, diesel, and gas engines. Equipped with advanced ring forming equipment, CNC turning and hobbing machines, and in-house heat treatment facilities, the division ensures the highest quality standards are met.
2. Shaft Bearing Division:
Ring Plus Aqua’s shaft bearing division focuses exclusively on producing Integral Shaft Bearings in Ball/Ball and Ball/Roller configurations for automotive applications. Since beginning commercial production in March 1989, the division has an annual manufacturing capacity of 3 million units.
3. Flexplates Division:
Flexplates are produced in Ring Plus Aqua’s Starter Gear Division. Utilizing advanced manufacturing lines, stringent process controls, and robust validation and testing facilities, RPAL delivers complete design solutions using advanced CAE software. With in-house pressing machines and expertise in tool design, the division currently has a capacity of 200,000 flexplates per year and is expanding further.
Key People:
1. Ravikant Uppal | Chairman
- Mr. Uppal received his undergraduate degree in 1973 from Indian Institute of Technology New Delhi and an MBA from Indian Institute of Management Ahmedabad.
- He has held key positions in notable companies such as Jindal Steel & Power Ltd., Volvo Group, ABB and Page Industries Limited.
- Currently, he is also the chairman of Steel Infra Solutions Pvt. Ltd.
2. Balasubramanian V. | CEO
- He holds a degree in Bachelor in Science (Mechanical Engineering) from University of Delhi and a post graduate diploma in Business Administration from Loyola Institute of Business Administration. He has also attended the Managers for Leadership Course at Leeds University Management School.
- Prior to joining the Raymond Group, he has worked in Brakes India Limited and Bosch Group for 25 years.
- He has been a director on the Raymond board since November, 2020 and has overall 35 years of experience.
Key Clientele:
Timeline:
- 1984 - Ring Gears India Ltd. was formed
- 1987 - Aqua Bearings Ltd. was formed
- 1997 - Ring Gears & Aqua Bearings were merged to form Ring Plus Aqua Ltd.
- 2005 - Raymond acquired controlling interest in Ring Plus Aqua Ltd.
- 2019 - Established Greenfield Facility for manufacturing Ring gears, Total capacity of 8.2Mn gears/annum
- 2020 - Enhanced product portfolio & manufacturing capabilities
Insights of Ring Plus Aqua Unlisted Share
Financial Summary:
- The company's revenue, which represents total sales, saw a notable increase of around 15% when excluding other income and over 16% when including it. This reflects improved business performance and possibly higher demand for its products or services.
- In terms of assets and liabilities, there has been a substantial increase of nearly 253%. This sharp rise suggests that the company has either expanded its operations, made new investments, or taken on significant obligations.
- The company's net profit for the year grew by 31.62%, indicating that it has managed to control its costs and enhance its operational efficiency. This rise in profitability is a strong sign of financial health, suggesting that the company is successfully turning its increased revenue into higher profits.
Industry Overview:
- The Indian manufacturing sector is a significant contributor to the country's economic growth, with the automotive industry playing a particularly important role. India's automotive production has been steadily increasing, reaching 25.9 million vehicles in FY23.
- This growth is driven by factors such as rising disposable incomes, urbanization, and government initiatives to promote the adoption of automobiles. India's dominance in the heavy vehicles market is a testament to its manufacturing capabilities.
- The country is the world's largest tractor producer, second-largest bus manufacturer, and third-largest heavy truck manufacturer. This leadership position is attributed to factors such as a strong domestic demand for heavy vehicles, a skilled workforce, and competitive production costs.
- In addition to its strong position in the domestic market, India is also a significant exporter of automobiles. The country exports vehicles to various regions, including Asia, Europe, and North America.
- India Gensets Market size was valued at USD 1423.9 Million in 2023 and is projected to reach USD 2709.89 Million by 2030, growing at a CAGR of 9.24% during the forecast period 2024-2030.
Peer Comparison:
Particulars |
RPAL |
Pradeep Materials Ltd |
Synergy Green Industries Ltd |
Steelcast Ltd |
Revenue |
379 Crs. |
277 Crs. |
326 Crs. |
410 Crs. |
PAT |
39 Crs. |
22 Crs. |
12 Crs. |
75 Crs. |
PAT Margin |
10.3% |
7.9% |
3.7% |
18.3% |
CMP (29/08/2024) |
599 |
303 |
384 |
655 |
MCAP |
465 Crs. |
523 Crs. |
542 Crs. |
1325 Crs. |
P/E Ratio |
12.03 |
23.49 |
10.36 |
17.19 |
P/B Ratio |
2.87 |
4.59 |
11.64 |
4.92 |
Financial Charts of Ring Plus Aqua Unlisted Share
Balance Sheet of Ring Plus Aqua Unlisted Share
Profit and Loss of Ring Plus Aqua Unlisted Share
Ancillary of Ring Plus Aqua Unlisted Share
Ratio Analysis
Peers
Industry Benchmarking
Segment Revenue
Subsidaries
Security Allotment
Corporate Governance
Team Management Details
FAQs of Ring Plus Aqua Unlisted Share
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How to buy Ring Plus Aqua Ltd.?
Below are three ways through which you can purchase Ring Plus Aqua Ltd.:
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to buy Ring Plus Aqua Ltd., please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
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How to sell Ring Plus Aqua Ltd.?
Below are three ways through which you can sell Ring Plus Aqua Ltd.:
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to sell Ring Plus Aqua Ltd., please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
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What is the price of Ring Plus Aqua Ltd.?
We provide a two way quote on all the shares we deal in. Your buy price for Ring Plus Aqua Ltd. is ₹675 and your sell price for Ring Plus Aqua Ltd. is ₹555. The price is based on our estimates and market conditions.
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What is the lock-in period of Ring Plus Aqua Ltd.?
The lock-in period for Ring Plus Aqua Ltd. varies depending on the category of investors:
- For retail Investors, HNIs, or Body Corporates, the lock-in period is 6 months from the date of the listing of Ring Plus Aqua Ltd.
- For Venture Capital Funds or Foreign Venture Capital Investors, there is a lock-in period of 6 months from the date of acquisition of Ring Plus Aqua Ltd.
- For AIF-II (Alternative Investment Funds - Category II), there is no lock-in period
August 2021 saw the introduction of this regulation by SEBI. The purpose of the regulation change, which lowered the lock-in period from a year to six months, was to incentivize additional investments in firms getting ready for initial public offerings, or IPOs. Since its introduction, a number of Portfolio Management Services (PMS) have advised their clients to purchase Pre-IPO shares in order to take advantage of the advantages associated with early-stage investments. This reduction in the lock-in period is considered as a significant step forward.
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How is the Ring Plus Aqua Ltd. price calculated?
Fundamental & Comparative valuation models and the forces of demand and supply in the market for unlisted shares dictate the price. These prices are based on our estimates and transaction history of Ring Plus Aqua Ltd.. The price is also determined from the most recent funding round for Ring Plus Aqua Ltd.. This provides us with a benchmark valuation, offering a clear indication of the company's current market value as perceived by investors and industry experts.
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What are the lot sizes of Ring Plus Aqua Ltd.?
We can generally arrange lot sizes starting with an investment of INR 20,000. To confirm the lot sizes of Ring Plus Aqua Ltd. with us kindly click here.
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What are the financials of Ring Plus Aqua Ltd.?
The financials of Ring Plus Aqua Ltd. which includes the P/L of Ring Plus Aqua Ltd. and the Balance Sheet of Ring Plus Aqua Ltd. is in the financials section (Click on link).
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Where can I find the annual report of Ring Plus Aqua Ltd.?
The annual report of Ring Plus Aqua Ltd. is available in the annual report section (Click on link).
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Is buying Ring Plus Aqua Ltd. legal in India?
Yes, buying and selling unlisted shares in India is indeed 100% legal. This activity is regulated and governed under the guidelines provided by the Securities and Exchange Board of India (SEBI). Investors and traders must adhere to these regulations and guidelines to ensure compliance with legal and financial standards. It's important for participants in the unlisted share market to be aware of and understand these regulations to engage in transactions legally and securely.
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Short-term Capital Gain taxes to be paid on Ring Plus Aqua Ltd.?
When you sell unlisted shares within a period of two years from the date of acquisition, any profit earned from the sale is classified as Short-term Capital Gain (STCG). This gain is then added to your total income for that financial year. The tax on this short-term capital gain is calculated based on your applicable individual income tax slab rates. Therefore, the rate at which you will pay tax on the STCG from unlisted shares depends on your total income, including this gain, and the tax slab it falls under as per the prevailing income tax laws in India. It's important for investors to consider these tax implications when engaging in transactions involving unlisted shares.
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Long-term Capital Gain taxes to be paid on Ring Plus Aqua Ltd. and how are They Taxed?
Long-term Capital Gains (LTCG) on unlisted shares in India refer to the profits earned from the sale of unlisted shares that have been held for more than two years. The key aspects of LTCG on unlisted shares include:
- Tax Rate: LTCG on unlisted shares is taxed at a rate of 20%.
- Indexation Benefit: This is a significant advantage for investors. Indexation allows for adjusting the purchase price of the shares for inflation, which can reduce the taxable gain.
- Importance for Investors: Understanding LTCG is crucial, especially for High Net-worth Individuals (HNIs) and retail investors, as it impacts their investment strategy and tax planning. Knowing these details helps in making informed investment decisions.
- Calculation: LTCG is calculated by subtracting the indexed cost of acquisition (the purchase price adjusted for inflation) from the sale price of the shares. The profit thus calculated is subject to a 20% tax.
- Applicability: LTCG tax is applicable to profits from the sale of unlisted shares held for more than two years.
- Relevance: This tax is particularly relevant to investors in the unlisted share market, including those considering selling their holdings after a period of more than two years.
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Applicability of Taxes on Ring Plus Aqua Ltd. once it is listed?
When shares initially bought in the unlisted market become listed, the taxation rules change significantly if these shares are sold through a stock exchange. Here's what investors need to know:
Transition to Listed Market Tax Rates: Once unlisted shares are listed on the stock exchange and subsequently sold, the tax rates applicable to listed securities come into effect. This shift means that the favourable tax treatments for listed shares, as per the prevailing tax laws, will apply.
Taxation Based on Holding Period: The crucial factor in determining the type of capital gains tax (Long-term or Short-term) is the holding period of the shares. Importantly, this period is calculated from the original purchase date when the shares were unlisted.
Long-term vs. Short-term Capital Gains: If the shares are sold after being held for more than one year from the date of purchase (including the period when they were unlisted), they are subject to Long-term Capital Gains (LTCG) tax.
Conversely, if sold within one-year, Short-term Capital Gains (STCG) tax rates apply.
Significance for Investors: This information is vital for investors in the unlisted market, as it impacts their tax planning and decision-making process. Understanding these nuances ensures that investors can strategically plan the sale of their shares post-listing to optimize tax implications.
Advice for Investors: It's advisable for investors to keep a record of their purchase dates and monitor the listing dates closely. Additionally, staying updated with the latest tax regulations or consulting with a financial advisor is recommended for accurate tax calculations and compliance. -
How does Altius Investech source Ring Plus Aqua Ltd.?
At Altius Investech, our approach to sourcing Boat Unlisted Share (Imagine Marketing) involves a strategic and direct method. Primarily, we acquire these shares from the below key groups:
Employees of the Company: Employee stock option plans (ESOPs) or other compensation packages frequently include shares for firm employees. For a various reasons, such as including portfolio diversification or financial considerations, some of these employees may eventually choose to sell their shares. We engage with these employees, providing them a platform to sell their shares.
Initial Investors: These are the angel or early-stage investors who provided capital to the business in its early stages. These original investors may look to sell all or part of their ownership position in the company as it develops and flourishes. This might be done for various reasons such as in order to maximise their investment, reallocate resources, or make other calculated financial decisions.
Funding rounds and VC funds: Altius Investech sources the shares from private placement rounds in which private companies seek to obtain capital from the market. Through our platform, venture capital funds can liquidate their shares and we receive the inventory from them when they decide to sell a portion of their ownership through block trades.
By establishing connections with these groups, Altius Investech guarantees our clients a steady and dependable supply of Boat Unlisted Share (Imagine Marketing). This process not only makes it easier for employees and initial investors in liquidating their assets, but it also gives our clients access to shares that aren't often found on the open market. Our platform effectively facilitates a win-win situation for both buyers and sellers. -
How to trust Altius Investech before buying Ring Plus Aqua Ltd. from its platform?
Altius Investech stands at being India's fastest growing and leading marketplace for buying and selling unlisted shares. We believe in enabling access to alternative sources of investments at lower entry barriers to private equity investments.
With more than 25 years of experience, Altius Investech has carved a niche in the financial market by serving more than 8000 clients. The incredible journey is further highlighted by the vast number of transactions that Altius Investech has facilitated transactions that have already exceeded 300 crores.
For investors Altius Investech curates investment opportunities in companies at reasonable valuations which are on the verge of an IPO leading to massive value unlocking. Investments are backed by thorough research and sound investment thesis, with a time bound exit plan.
For ESOP Shareholder and existing Investors, we assist them to liquidate their shares even if they are not publicly traded by creating a platform where we find the right buyers and sellers for the best prices.
Altius Investech have been featured in top media news outlets like Economic Times, Financial Express, Money control. Check out about us on these - leading publications (Click on link) Our journey over these years has not just been about numbers; it's been about building trust and reliability.
We at Altius Investech are dedicated to upholding the greatest levels of ethics and transparency, making sure that your investment experience is not only profitable but also safe and reliable.
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