VARROC

Varroc Engineering Ltd. engages in the manufacture and supply of automotive components. The company is headquartered in Aurangabad, Maharashtra and currently employs 3,356 full-time employees. The company went IPO on 2018-07-06. The firm is engaged in designing, manufacturing, and supplying exterior lighting systems, plastic and polymer components, electrical-electronics components, and precision metallic components to passenger car, commercial vehicle, two-wheeler, three-wheeler and off-highway vehicle (OHV) OEMs directly worldwide. The company operates through two segments: Automotive and Others. The Automotive segment consists of the business of automobile products consisting of auto parts for two-wheelers, three-wheelers and four-wheelers, and related design, development and engineering activities and other services. Its Others segment comprises forging components for off road vehicles and components for the mining and oil drilling industry. Its subsidiaries include Varroc Polymers Private Limited, Durovalves India Private Limited, Team Concepts Private Limited, CarIQ Technologies Private Limited and Varroc European Holding B.V.