IP Rings Limited, incorporated in 1991, specializes in the manufacturing of engine and transmission components, with a focus on piston rings. The company operates a manufacturing facility in Maraimalai Nagar, Chennai, and collaborates with Nippon Piston Rings, Japan. This collaboration has facilitated the production of piston rings under the IPL-Powerpack brand, serving a wide range of vehicles and industrial engines.
The company has expanded its capacity and capabilities over the years, including the introduction of a gas nitriding facility and the manufacture of Nifflex-S three-piece oil rings. In 1995-96, IP Rings issued equity shares and convertible warrants to Nippon Piston Ring Co., enhancing its financial and strategic positioning. The company achieved QS 9000 accreditation in 1999-2000, underscoring its commitment to quality management. It ventured into the manufacture of transmission components in 2005 and launched a project for PVD Rings in 2011-2012, continuing its legacy of innovation in automotive parts manufacturing.