Kundan

What Kundan does

Kundan Industrial Products & Services is a family-owned industrial distribution and technical services company headquartered in Mumbai, India, founded in 1966 by Mr. Himmatlal Shah as Kundan Trading Company. The company operates as an authorized industrial distributor of six principal brands — SKF (since 1987), Flexco (since 2019), Kluber (since 2019), Lincoln Helios (since 2019), OKS (since 2019), and Elecon (since 2021) — distributing bearings, power transmission products, conveyor belt systems, lubrication equipment, and maintenance tools. The company holds SKF Certified Maintenance Partner (CMP) status since 2009, which enables it to deliver SKF-backed services including bearing refurbishment.

The company operates three offices in western India: Mumbai (headquarters), Gandhidham-Kutch, Gujarat (since 2004), and Kalyan-Ulhasnagar, Maharashtra (since 2014). It serves industrial customers across power generation, cement manufacturing, fertilizers, FMCG, metals, ports, defense, and government sectors, with named clients including Adani Group, UltraTech Cement, Bhabha Atomic Research Centre, IFFCO, Rashtriya Chemicals & Fertilizers, and Jindal SAW. Revenue is generated through two primary streams: product distribution of industrial components and professional technical services including vibration analysis, in-situ dynamic balancing, laser-based shaft and belt alignment, thermography, oil analysis, hydraulic cylinder repair, idler roller repair, bearing mounting supervision, and spindle/bearing refurbishment.

The business model is a hybrid B2B industrial distribution and field-services operation. Direct field sales through qualified engineers target industrial enterprises, while deeper relationships are built through Vendor Managed Inventory (VMI) partnerships (initiated with Adani Group in 2013) where Kundan manages product inventory on customer sites. Pricing is quote-based with no public list prices, and the company became debt-free in 2011. The firm holds ISO 9001:2015 certification (valid through 2029) and MSME registration, and operates as a private partnership with no external funding, no parent company, and no disclosed revenue.

Name

Kundan

Legal name

Kundan Industrial Products and Services

Website

https://kundan3.com

Company type

Private

Founded year

1966

Operating status

Operating

Headcount range

11–50 employees

Short description

Kundan Industrial Products & Services is a Mumbai-based authorized distributor of industrial bearings, lubrication systems, and conveyor belt products for SKF, Flexco, Kluber, Lincoln, OKS, and Elecon, serving industrial enterprises across power, cement, fertilizer, FMCG, and port sectors in India with on-site technical services.

Ownership category

akta.pro rank

Product category

Industrial Distribution and Maintenance Services

NAICS

Industrial Machinery and Equipment Merchant Wholesalers (42383)

SIC

Ball & Roller Bearings (3562), Wholesale-Industrial Machinery & Equipment (5084)

akta.pro primary industry

Lubricants, Fluids & Chemical Products Distribution (Oils, Coolants, AdBlue/DEF, Cleaners) (TLAKAOAL)

akta.pro secondary industry

Workshop Tools, Equipment & Lift Systems Distribution (TLAKAOAM)

Keywords

• Industrial bearings distribution
• Lubrication systems supply
• Conveyor belt products
• Condition monitoring services
• Power transmission components

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Industrial Products Distribution: Revenue from distribution of industrial bearings, power transmission products, conveyor belt systems, lubrication equipment, and accessories from principal brands including SKF, FLEXCO, KLUBER, LINCOLN, OKS, and Elecon. Products include roller bearings, ball bearings, housings, chains, sprockets, V-belts, pulleys, couplings, gearboxes, and maintenance tools.
2. Technical Services: Revenue from professional maintenance and technical services including vibration analysis, dynamic balancing, shaft alignment, belt alignment, thermography, hydraulic cylinder repair, idler roller repair, oil analysis, bearing mounting supervision, spindle refurbishment, and bearing refurbishment.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Kundan Industrial Products & Services distributes industrial bearings, power transmission products, conveyor belt maintenance tools, lubrication systems, and maintenance accessories from principal brands including SKF, Flexco, Kluber, Lincoln, OKS, and Elecon. Alongside product distribution, the company delivers technical maintenance services such as vibration analysis, dynamic balancing, laser-based shaft and belt alignment, thermography, oil analysis, bearing and spindle refurbishment, hydraulic cylinder repair, idler roller repair, and bearing mounting supervision, supported by Vendor Managed Inventory (VMI) arrangements with major industrial customers.

Product overview

Kundan Industrial Products & Services is an industrial distribution and service company offering a comprehensive portfolio of bearings, power transmission components, lubrication systems, and conveyor belt maintenance products from multiple global brands (SKF, Flexco, Kluber, Lincoln, OKS, Elecon). The company provides both products and technical services including vibration analysis, dynamic balancing, shaft alignment, thermography, hydraulic cylinder repair, and bearing refurbishment. The core offering centers on authorized distribution of industrial components combined with condition monitoring and maintenance services for manufacturing, power, cement, chemical, and port industries.

Differentiator

Problem solved

Functional benefit

Products and services

• SKF Industrial Bearings and Power Transmission Components Authorized distribution of SKF roller bearings, ball bearings, bearing housings, adapter sleeves, chains, sprockets, V-belts, pulleys, couplings, and bushes for industrial power transmission and rotating equipment applications.
• SKF Maintenance and Mounting Tools

Quantifiable outcome

• 13,750 MT production loss saved for UltraTech Cement through prompt bearing mounting services
• +3 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Eleven partnerships are on record, tiered major, minor, core and historical.

• EleconmajorChannel Partner/ Reseller/ Distributor · 1 January 2021Authorized distributor of Elecon helical/bevel helical gearboxes, worm gearboxes, and couplings since 2021 (certificate valid 2023-2026). Elecon is a leading manufacturer of power transmission products.
• FLEXCOmajorChannel Partner/ Reseller/ Distributor · 1 January 2019Became Authorized Distributor of Flexco conveyor belt products including belt cleaners, trackers, impact beds, maintenance tools, and fasteners in 2019.
• KLUBER (Klüber lubrication)majorChannel Partner/ Reseller/ Distributor · 1 January 2019Authorized Distributor of Kluber industrial greases and oils since 2019. Kluber is a German-origin company with manufacturing in 14 locations worldwide including Mysore, India, offering products including NSF H1 registration for food industries.
• LINCOLN HELIOSmajorChannel Partner/ Reseller/ Distributor · 1 January 2019Authorized Distributor of Lincoln Helios lubrication systems and products since 2019. Lincoln, founded in 1910, is responsible for many inventions establishing modern lubrication practices. Products include centralized lubrication systems, pumps, grease guns, and lube management equipment.
• Lakme LeverminorStrategic or Co-development Partner · 1 January 2017VMI partnership started in 2017 with Lakme Lever for FMCG operations.
• UltraTech CementmajorStrategic or Co-development Partner · 1 January 2015VMI partnership started in 2015 with UltraTech Cement SCW unit. Testimonials indicate significant production loss prevention (13,750 MT) through bearing mounting services.
• IFFCO Ltd (Kandla unit)majorStrategic or Co-development Partner · 1 January 2014VMI partnership started in 2014 with IFFCO Kandla unit for fertilizer operations.
• Adani GroupcoreStrategic or Co-development Partner · 1 January 2013Started first VMI (Vendor Managed Inventory) service called 'Product Bank' with Adani Group in 2013. Kundan manages product inventory on Adani sites, creating deep operational integration.
• SKF (Certified Maintenance Partner)coreImplementation/ SI/ Consulting Partner · 1 January 2009Achieved Certified Maintenance Partner (CMP) status under SKF in 2009, enabling provision of SKF-supported maintenance services including bearing refurbishment facility backed by SKF expertise.
• SKF (Svenska Kullagerfabriken)coreChannel Partner/ Reseller/ Distributor · 1 January 1987SKF is the primary principal brand partner. Kundan became Authorized Industrial Distributor of SKF bearings in Mumbai in 1987, achieved Certified Maintenance Partner (CMP) status in 2009, and holds current authorized distributor certificates for all three locations valid until 2026. Provides bearings, seals, maintenance tools, and condition monitoring equipment.
• TimkenhistoricalChannel Partner/ Reseller/ Distributor · 1 January 1978First dealership obtained in 1978 as Timken bearing distributor before becoming SKF authorized distributor.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• SKF India: Indian subsidiary of SKF, the principal brand partner of Kundan since 1987. Comparable as a broad bearings, seals, lubrication and condition-monitoring supplier with a national footprint and direct service capabilities — operates as both a brand principal and competitor in the same accounts Kundan serves.
• Lincoln Industrial (SKF Group): Lubrication systems and tools brand owned by SKF Group — one of Kundan's key principal brand partners since 2019. Comparable as a broader incumbent supplying centralized lubrication, pumps and lube-management solutions to global industrial customers.
• Flexco: Global manufacturer of conveyor belt maintenance products and tooling — Kundan's authorized distribution partner since 2019. Comparable as the principal brand behind a meaningful portion of Kundan's conveyor product portfolio, with parallel distributor networks across India and global markets.

Direct peers

• Schaeffler India: Indian arm of Schaeffler Group, supplying bearings, power transmission and industrial MRO solutions through authorized distribution. Directly comparable to Kundan as a multi-brand industrial product and reliability-services provider serving Indian manufacturing, power and cement customers.
• Timken India: Indian subsidiary of The Timken Company, supplying bearings, power transmission and related industrial services. Comparable as a premium-brand bearing and motion-product supplier to Indian industrial customers; Timken was also Kundan's first dealership in 1978 before it transitioned to SKF.
• NBC Bearings (National Engineering Industries): India's largest indigenous bearings manufacturer and distributor, part of the CKA Birla Group. Comparable to Kundan as a bearings and power-transmission supplier to Indian industrial customers across power, cement and manufacturing sectors.
• Elecon Engineering: Indian manufacturer of gearboxes, couplings and power transmission products — and one of Kundan's principal brand partners since 2021. Comparable as a channel-aligned principal brand with parallel distributor relationships in the Indian industrial market.
• NTN Bearing India: Indian operations of NTN-SNR, distributing ball and roller bearings, power transmission components and condition monitoring services. Comparable to Kundan as a global-brand authorized distributor serving Indian industrial MRO customers with both products and reliability services.
• Bonfiglioli Transmissions India: Indian subsidiary of Bonfiglioli, supplying gearboxes, gearmotors and power transmission solutions. Comparable to Kundan as an authorized distributor of Elecon's competing power-transmission portfolio serving similar industrial MRO customers in India.
• TPI (Transmission Products International) India: Indian distributor of industrial power transmission products including belts, chains, gearboxes and couplings. Comparable to Kundan as a multi-brand industrial MRO distributor serving manufacturing, cement and process-industry customers in India.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kundan