Rushabh Precision Bearings Ltd (RPBL) was originally incorporated as a Pvt Ltd Co on 21st Aug,89 and was later converted into a Public Ltd Co on 5th Sep,94. It was promoted by Shri Dhirajlal H Vora and his son Shri Rajesh D Vora who are mainly dealing in bearings manufactured by ZVL-ZKL Co Ltd., Czechoslovakia as its sole selling agents in India.
RPBL established facilities for manufacture of precision bearings, i.e. mainly for heat treatment and machining of components. The Company is marketing its products under the brand name "SRS". The Company manufactures the bearing rings (inner and outer) while the rolling elements and cages are being imported from ZVL-ZKL CZechoslovakia.
The main objects of the Company are to carry on the business of manufacturing & dealing in Ball & Roller bearings taper, spherical, Needle, cylindrical roller bearing and the business of iron founders.
The Company came out with a Public Issue of 400000 Equity Shares in November'95 to finance its Expansion programme of augumenting its production capacity for manufacture of 60000 special type bearings at an additional capital outlay of Rs 4.00 Crores.