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ICICI Direct's IPO Report
Harsha Engineers International Ltd. offer a wide range of bearing cages starting from 20 millimetre to 2,000 mm in diameter while their bearing cages find application in the automotive, railways, aviation and aerospace, construction, mining, agriculture, electrical and electronics, renewables sectors, etc.
Harsha Engineers International accounted for 6.5% market share in the global organised bearing brass, steel and polyamide cages market in CY21. In contrast, in India, the company is the market leader with between 50% and 60% of the organised market.
Harsha Engineers International has four strategically located manufacturing facilities for its engineering business with one of its principal manufacturing facilities at Changodar and one at Moraiya, near Ahmedabad, Gujarat in India.
The company has full-service capabilities across the product cycle including product design and development, material sourcing, designing and manufacturing under one roof.
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