Harsha Engineers IPO: Information analysis

What Harsha Engineers does? Harsha Engineers is India's largest bearing cage manufacturer in the organised space and one of the largest in the world. Bearings are one of the most common and important components in various industries such as automobiles, aviation, railways, electronics, and more. Bearing cages are part of a bearing. Since the cost of manufacturing bearing cages is low when compared to bearings (but there's a requirement for separate machines), bearing manufacturers outsource this and that's where Harsha Engineers comes in. Harsha Engineers manufactures a wide range of bearing cages, such as in brass, steel or polyamide, and from 20mm to 2,000 mm in diameter. The company has two segments: engineering business which contributes 94 per cent in revenue, and solar EPC business which contributes 6 per cent. Harsha Engineers also manufactures brushes and specialty components.