Kinetic Engineering Ltd. Company Profile:Products Promoters and Clients
Kinetic Engineering Ltd. Company Description
Kinetic Engineering Limited was founded in 1970 by Mr. H.K. Firodia and is now led by Mr. Ajinkya Arun Firodia. The company is a leader in India's automotive industry. It started in Ahmednagar with Rs. 15 lakhs and changed transportation with the famous Kinetic Luna moped. Kinetic Engineering has a 50-acre facility in Pune that makes auto parts like shafts, gearbox assemblies, and transmission gears. The company has expanded its products through partnerships and became the first Indian car exporter to the USA. It shows its focus on innovation, quality, and global market leadership.
Finding multibagger stocks is important for building wealth. Discover potential multibaggers at Sovrenn Discovery
Q1. What are the Product and service offerings of Kinetic Engineering Ltd?
Kinetic Engineering Limited specializes in manufacturing a comprehensive range of automotive components, including transmission parts like gear shafts and complete gearbox assemblies, small engines up to 400 cc, and a variety of vehicles such as mopeds, motorcycles, and ATVs.
The company also produces essential engine components like cylinder heads and crankshafts, along with supplying critical parts such as the Spline Yoke for American Axle. Known for its precision and innovation, KEL supports the automotive industry with advanced technologies like electric vehicle chassis and high-performance gearbox assemblies, maintaining a leadership position in the sector.
Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at Sovrenn Education
Q2. Who are the Promoters/Management of Kinetic Engineering Ltd?
Micro Age Instruments hold a 24.92% stake in the company.
Jayshree Arun Firodia and Ajinkya Arun Firodia hold 17.71% and 11.92% stake in the company each.
Ajinkya Firodia, Managing Director of Kinetic Engineering Ltd., is a distinguished figure in the Indian automobile industry. He graduated magna cum laude from Brown University, USA, with degrees in engineering and economics. Ajinkya's career began at J P Morgan Chase in M&A before returning to India to lead Kinetic's nationwide expansion in sales, marketing, and product development.
Under his leadership, Kinetic transformed into a global auto-component manufacturer specializing in transmission assemblies. Ajinkya also spearheads initiatives in electric vehicles, including controllers, motors, and batteries. He is recognized for fostering innovation and entrepreneurship within the Kinetic Group, earning accolades such as the Economic Times' 40 under 40 and Pune’s Most Powerful Business Leader Award.
Q3. Who are the Clients of Kinetic Engineering Ltd?
Also Read: Kranti Industries Ltd. Company Profile:Products Promoters and Clients
Written By: Khush Kothari