NRB Industrial Bearings Limited, established on February 24, 2011, specializes in manufacturing ball and roller bearings for industrial applications. Initially a private entity, it became public after NRB Bearings Limited acquired its equity shares in November 2011. The company operates a state-of-the-art production facility in Shendra, Aurangabad, and partners with OEMs and end-users to enhance equipment uptime while minimizing maintenance costs. Their products cater to diverse industries, from heavy-duty sectors like mining and steel to lighter applications such as food and beverage.
In 2012, the company's scope expanded significantly when NRB Bearings Limited transferred its Industrial Bearing Division to NRB Industrial Bearings Limited through a demerger scheme. This move resulted in the issuance of 24,230,650 new equity shares to NRB shareholders. As of December 2013, NRB-IBC Bearing Pvt. Limited was no longer a wholly-owned subsidiary of the company, marking a change in its corporate structure.
