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Harsha Engineers International IPO - A Global Player In Bearing Industry: Geojit

Harsha Engineers International IPO - A Global Player In Bearing Industry: Geojit

<div class="paragraphs"><p>Cylindrical roller bearings cages manufactured by Harsha Engineers International Ltd. (Source: Company website)</p></div>
Cylindrical roller bearings cages manufactured by Harsha Engineers International Ltd. (Source: Company website)

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Geojit Research's IPO Report

Harsha Engineers International Ltd. is the largest manufacturer of precision bearing cages (critical component within bearings), in terms of revenue, in organised sector in India (60% market share), and amongst the leading manufacturers of precision bearing cages in the world (6.5% market share).

Harsha Engineers International manufactures a wide range of brass, steel and polyamide bearing cages; stamping components primarily used in the auto-component industry; and sand casting, value added stamping components, bronze bushings etc. to cater to wind, mining and shipping sectors.

They cater to customers with over 50% global market share in bearing industry. They also have a solar engineering, procurement and construction business (6% of revenue), under which they provide turnkey solutions to all solar photovoltaic requirements.

Click on the attachment to read the full IPO report:

Geojit Harsha Engineers International IPO Note.pdf

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