NRB Industrial Bearings Ltd

NRB Industrial Bearings Ltd (NIBL)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return24.93 %
3 Month Return12.33 %
1 Year Return26.83 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 219
Rank 223
Rank 252
Dividend Yield
Rank 133
Rank 517
Price To Book Ratio
Debt To Asset
Rank 99

Company Information

The Company was incorporated on 24th February 2011 under the Companies Act 1956 in the name and style NRB Industrial Bearings Private Limited. Subsequently the Company was converted into a Public Limited Company and a fresh Certificate of Incorporation dated 17th November 2011 was obtained from the Registrar of Companies Maharashtra Mumbai. Accordingly the name of the Company was changed to NRB Industrial Bearings Limited.Pursuant to the Scheme of Arrangement between NRB Bearings Limited and the Company as approved by the Honble High Court of Judicature at Bombay vide its order dated 24th August 2012 the industrial bearings business of NRB Bearings Limited including the agency business was vested with the Company. The resulting company was incorporated with the primary objective of taking over of industrial bearings business of the demerged company under the scheme on going concern basis.
OrganisationNRB Industrial Bearings Ltd