About Ramkrishna Forgings Ltd
Ramkrishna Forgings Limited is a prominent manufacturer of forged and machined gears. The company mainly serves the automotive and railway sectors. It falls under the Auto Components sector within the manufacturing industry.
Established in 1981, Ramkrishna Forgings has been in business for many decades. The company is headquartered in Kolkata, West Bengal, India. The founding promoters are the Jalan family, with Mahabir Prasad Jalan serving as the Chairman. On the other side, Naresh Jalan serves as the Managing Director.
The other managerial promoters of the company include:
The company's main products include spindles, crankshafts, front axle beams, crown wheels, and transmission parts. They also manufacture components for railways, mining, earth-moving equipment, and oil & gas industries. The company is a significant player in the forging industry. However, it is not the #1 company in terms of market capitalization in the auto components sector.
The promoter shareholding of the company stands at 43.17% of the total equity. This indicates strong promoter confidence in the business. The major promoter shareholding is held by Riddhi Portfolio Private Limited. It owns 33.49% shares of the company.
The registered office of Ramkrishna Forgings Ltd. is located at 23 Circus Avenue, Kolkata - 700017, West Bengal. Its registrar & share transfer agent is KFin Technologies Limited.
The company has multiple manufacturing facilities in Jamshedpur, Jharkhand. Also, it has established a strong presence in both domestic and international markets. The company exports its products to various countries. This includes the USA, the European Union, and Latin America.
Global Market Presence
The company has strategically expanded its presence across multiple continents. Its significant operations are in North America, Europe, and Latin America. The United States stands as one of their primary export markets. In this country, they supply critical components to leading commercial vehicle manufacturers and tier-1 suppliers. The company has the ability to meet stringent quality standards and regulatory requirements. This has helped them maintain long-term relationships with international clients.
European Operations
In the European Union, Ramkrishna Forgings has established a strong presence. This presence is particularly in countries with robust automotive and manufacturing sectors, such as Germany, France, and Italy. The company's products meet the high-quality standards and technical specifications required by European OEMs (Original Equipment Manufacturers). Their success in Europe can be attributed to their focus on precision engineering and consistent quality delivery.
Latin American Market
The Latin American market has emerged as another significant territory for Ramkrishna Forgings. With their growing automotive and manufacturing sectors, countries like Brazil and Mexico have become important markets for the company's forged components. The company has successfully adapted its products to meet the specific requirements and preferences of Latin American customers.
Product Portfolio and International Standards
For international markets, the company manufactures a wide range of products. This includes front axle beams, crankshafts, spindles, and transmission parts. Each product is manufactured according to international quality standards and certifications. The company's commitment to maintaining global quality standards is evident through its various international certifications and quality management systems.
Technology and Innovation
Ramkrishna Forgings has invested significantly in modern technology and automation. This investment is to serve international markets effectively. Their manufacturing facilities are equipped with state-of-the-art machinery from renowned global manufacturers. This enables them to produce components that meet international specifications and standards.
Export Strategy and Growth
The company has developed a robust export strategy focusing on market diversification and customer base expansion. They participate in international trade shows and industry exhibitions to showcase their capabilities and establish new business relationships. The export revenue contributes significantly to their overall turnover. This demonstrates the success of their international business model.
Future International Expansion
The company continues to explore new international markets and opportunities for growth. They are focusing on expanding their presence in emerging markets while strengthening their position in existing ones. Their strategy includes developing new products specifically for international markets. Also, they wish to enhance their manufacturing capabilities to meet growing global demand.
Ramkrishna Forgings' international presence is a testament to its manufacturing excellence and global vision. They have established themselves as a reliable global supplier of forged components. This is done through strategic market penetration, quality commitment, and a customer-centric approach. They continually focus on technology upgradation, quality enhancement, and market expansion.
This positions them well for future growth in international markets. The company's success in global markets not only contributes to its business growth but also strengthens India's position in the global manufacturing landscape. Ramkrishna Forgings is well-poised to capitalize on new opportunities while maintaining its commitment to quality and customer satisfaction.
Established in 1981, Ramkrishna Forgings has been in business for many decades. The company is headquartered in Kolkata, West Bengal, India. The founding promoters are the Jalan family, with Mahabir Prasad Jalan serving as the Chairman. On the other side, Naresh Jalan serves as the Managing Director.
The other managerial promoters of the company include:
-
Lalit Kumar Khetan
-
Chaitanya Jalan
-
Milesh Gandhi
The company's main products include spindles, crankshafts, front axle beams, crown wheels, and transmission parts. They also manufacture components for railways, mining, earth-moving equipment, and oil & gas industries. The company is a significant player in the forging industry. However, it is not the #1 company in terms of market capitalization in the auto components sector.
The promoter shareholding of the company stands at 43.17% of the total equity. This indicates strong promoter confidence in the business. The major promoter shareholding is held by Riddhi Portfolio Private Limited. It owns 33.49% shares of the company.
The registered office of Ramkrishna Forgings Ltd. is located at 23 Circus Avenue, Kolkata - 700017, West Bengal. Its registrar & share transfer agent is KFin Technologies Limited.
The company has multiple manufacturing facilities in Jamshedpur, Jharkhand. Also, it has established a strong presence in both domestic and international markets. The company exports its products to various countries. This includes the USA, the European Union, and Latin America.
International Base of the Company
Ramkrishna Forgings Limited has evolved from a domestic manufacturer to a globally recognized supplier of forged and machined components. The company's journey in international markets represents its commitment to quality, innovation, and customer satisfaction. The company has successfully established a strong foothold in various international markets. This is possible with its state-of-the-art manufacturing facilities in Jamshedpur. The company particularly serves in the automotive and railway sectors.Global Market Presence
The company has strategically expanded its presence across multiple continents. Its significant operations are in North America, Europe, and Latin America. The United States stands as one of their primary export markets. In this country, they supply critical components to leading commercial vehicle manufacturers and tier-1 suppliers. The company has the ability to meet stringent quality standards and regulatory requirements. This has helped them maintain long-term relationships with international clients.
European Operations
In the European Union, Ramkrishna Forgings has established a strong presence. This presence is particularly in countries with robust automotive and manufacturing sectors, such as Germany, France, and Italy. The company's products meet the high-quality standards and technical specifications required by European OEMs (Original Equipment Manufacturers). Their success in Europe can be attributed to their focus on precision engineering and consistent quality delivery.
Latin American Market
The Latin American market has emerged as another significant territory for Ramkrishna Forgings. With their growing automotive and manufacturing sectors, countries like Brazil and Mexico have become important markets for the company's forged components. The company has successfully adapted its products to meet the specific requirements and preferences of Latin American customers.
Product Portfolio and International Standards
For international markets, the company manufactures a wide range of products. This includes front axle beams, crankshafts, spindles, and transmission parts. Each product is manufactured according to international quality standards and certifications. The company's commitment to maintaining global quality standards is evident through its various international certifications and quality management systems.
Technology and Innovation
Ramkrishna Forgings has invested significantly in modern technology and automation. This investment is to serve international markets effectively. Their manufacturing facilities are equipped with state-of-the-art machinery from renowned global manufacturers. This enables them to produce components that meet international specifications and standards.
Export Strategy and Growth
The company has developed a robust export strategy focusing on market diversification and customer base expansion. They participate in international trade shows and industry exhibitions to showcase their capabilities and establish new business relationships. The export revenue contributes significantly to their overall turnover. This demonstrates the success of their international business model.
Future International Expansion
The company continues to explore new international markets and opportunities for growth. They are focusing on expanding their presence in emerging markets while strengthening their position in existing ones. Their strategy includes developing new products specifically for international markets. Also, they wish to enhance their manufacturing capabilities to meet growing global demand.
Ramkrishna Forgings' international presence is a testament to its manufacturing excellence and global vision. They have established themselves as a reliable global supplier of forged components. This is done through strategic market penetration, quality commitment, and a customer-centric approach. They continually focus on technology upgradation, quality enhancement, and market expansion.
This positions them well for future growth in international markets. The company's success in global markets not only contributes to its business growth but also strengthens India's position in the global manufacturing landscape. Ramkrishna Forgings is well-poised to capitalize on new opportunities while maintaining its commitment to quality and customer satisfaction.
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