Rane Group

Company Profile

■URL

https://ranegroup.com/

■Address

"Maithri" 132, Cathedral Road, Chennai - 600 086, India

Business Overview

-An Indian major supplier provide automotive products and marketing solutions.  The Group provides its products and solutions through its subsidiaries for various industries such as Passenger Vehicles, Commercial Vehicles, Farm Tractors, Two-wheelers, Three-wheelers, Railways and Stationary Engines.

-The group manufactures mainly Steering and Suspension systems, Friction materials, Valve train components, Occupant safety systems, Light metal casting products and Connected mobility solutions. 

-The Group has manufacturing facilities across 25 locations in India and one in the USA, and its products are sold across more than 30 countries.
 

Shareholders

-Listed on Bombay Stock Exchange and National Stock Exchange of India. (As of March 31,2021)
Category Shareholding Ratio (%)
Promoters 46.4
Mutual Funds 10.6
Insurance companies 4.8
Non-Institutions 38.0
Others 0.2
Total 100.0

Products

Rane (Madras) Limited

Manual steering gears
-Recirculating ball type steering gears
-Rack and pinion type steering gears

Steering linkages
-Tie rod assemblies
-Drag link assemblies
-Center link assemblies
-Gear shift ball joints
-Outer ball joints
-Inner ball joints

Suspension components
-Lower control arms
-Lower & upper suspension ball joints
-Axle ball joints
-Stabilizer link ball joints

Hydraulic products
-Hydraulic cylinders

Die cast products
-Electric power assist steering housings
-Hydraulic pinion housings
-Steering pump housings
-Lamp housings
-Timing case covers
-Engine oil sumps
-Gear cases
-Brake housings
-Transmission housings
-Battery housings
 

Rane Engine Valve Limited

-Engine valves
-Valve guides
-Mechanical tappets

Rane Brake Lining Limited

-Brake linings
-Disc pads
-Clutch facings
-Commercial vehicle brake pads
-Sintered brake pads

Rane TRW Steering Systems Limited

Steering gears
-Hydraulic power rack & pinion steering gear assemblies
-Power steering gear assemblies
-Power steering pump assemblies
-Power steering fluid

Occupant safety systems
-Pretensioner
-Emergency locking retractor
-Seat mounted self aligning ELR
-Buckle
-Height adjuster
-Airbags

Rane NSK Steering Systems Limited

-Electric power steering columns
-Solid steering columns
-Energy absorbing & collapsible columns
-Tilt & telescopic steering columns
-Intermediate shafts
-Universal joint assemblies

 

Rane Light Metal Castings America

Steering Application

  • Pinion Housing
  • Outboard Housing

ーHVAC Application
ーValve Housing

History

1929 Rane was founded as a distributor of automobiles & parts.
1959 Diversified into manufacturing and established plant for IC Engine Valves.
1960 Established facility to make Tie Rod Ends.
1964 Started manufacture of Friction Material.
1974 Established Kar Mobiles Limited to manufacture Automotive and Large Valves.
1975 Started manufacture of Manual Steering Gears.
1987 Established JV with TRW for Power Steering Systems.
1991 Established JV with JMA for distribution of auto components.
1995 TRW JV also commenced manufacture of occupant restraints.
Established JV with NSK for Energy Absorbing Steering Columns.
Founded Rane Institute for Employee Development.
2005 Invested in High Pressure Die Casting products.
2007 Commissioned new facilities in Haryana and Uttaranchal.
2008 Rane NSK Steering Systems Ltd. commenced manufacturing of electric power steering.
2009 Rane NSK Steering Systems Ltd. established its third plant in Pantnagar, Uttarakhand.
2013 Rane Diecast Ltd. was integrated into Rane (Madras) Ltd.
May 2014 Merged Kar Mobiles Limited into Rane Engine Valve Limited.
Aug. 2015 Inaugurated new airbag manufacturing plant located adjacent to its seatbelt plant in Singaperumal Koil, Chennai,
Feb. 2016 Started rack & pinion manufacturing facility at its Varanavasi plant
Aug. 2017 Acquisition of 70% shareholding in Bengaluru-based Telematics4U Services
Apr. 2018 Rane TRW Steering Systems, breaks ground for their new facility at Siruganur, Trichy
Oct. 2018 Divestment of entire 48.97% equity shareholding held by the Company in JMA Rane Marketing Limited (JMA Rane), a joint venture company.
Feb. 2019 Rane TRW Steering Systems, started a new facility for occupant safety products at Tiruchirapalli (Trichy), Tamil Nadu.

Supplemental Information 1