Circlips Technologie Pvt. Ltd.

What Circlips Technologie Pvt. Ltd. does

Circlips Technologie Pvt. Ltd., operating commercially as CIRCLIPS GROUP / CTEK Group, is an India-based precision metal-stamping and multiforming manufacturer founded in 1967 by Late Hansraj S Thaman. The company's core competency is the production of circlips, retaining rings, snap rings, shims, and washers, complemented by an extended portfolio of twelve adjacent product lines spanning bearing assembly parts, brake and clutch assembly components, compressor parts, clamps and clips, shock absorber parts, special formed components, transmission parts, vehicle body assembly parts, electrical components, and customer-specific 'special parts.' All products are described as undergoing 100% functional testing, particularly for aerospace applications. The company is led by a CEO with 25+ years of industry experience overseeing a top management team averaging 33 years of age.

The business operates a direct B2B contract-manufacturing model with quote-based pricing and one-time component sales. Its principal end-market is automotive (OEMs and Tier-1 suppliers) with secondary exposure to construction heavy equipment, wind power, aerospace, and railway / general machinery. Named enterprise customers include Kalyani, American Axle & Manufacturing (AAM), Advik, Bonfiglioli, Brembo, BEML, Bosch, Carraro, CNHI (Case New Holland), and Concentric. Distribution is conducted entirely through direct OEM supply contracts without intermediaries; pricing is non-public and varies by specification, material, volume, and complexity.

Operationally, manufacturing is conducted at a single Umargam, Gujarat facility (described as under 12 years old, with new machines and testing infrastructure, 40% spare production capacity, and 24x7 Cummins DG-set-backed power), while the corporate office sits in Borivali West, Mumbai. The company is privately held as an Indian private limited entity, claims global reach, and has recently implemented SAP Business One as its enterprise system and published a CBAM-compliance report — both signals of export-oriented scaling infrastructure. No revenue, headcount breakdown beyond a stated 11 employees, or ownership structure is publicly disclosed.

Name

Circlips Technologie Pvt. Ltd.

Legal name

Circlips Technologie Pvt. Ltd.

Website

https://ctek.in

Company type

Private

Founded year

1967

Operating status

Operating

Headcount range

11–50 employees

Short description

Circlips Technologie Pvt. Ltd. is an India-based precision metal-stamping manufacturer, founded 1967, producing circlips, retaining rings, and twelve categories of stamped and wire-formed components for Tier-1 automotive, aerospace, construction, wind, and railway OEMs globally.

Ownership category

akta.pro rank

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D

Revenue model

1. Component Manufacturing Sales: One-time sale of precision-engineered metal components (circlips, retaining rings, bearing parts, brake components, clutch parts, etc.) to automotive, aerospace, construction, and industrial customers. Revenue generated through direct B2B sales with quotes based on specifications, volumes, and complexity.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Circlips Technologie Pvt. Ltd. is a precision metal stamping and multiformed components manufacturer producing circlips, retaining rings, and a wide range of engineered metal components — including bearing parts, clutch parts, brake components, clamps and clips, shock absorber parts, compressor parts, transmission parts, vehicle body parts, and electrical components — for automotive OEMs and industrial customers. The company serves sectors including automotive, aerospace, construction, wind power, and railway with customers such as Kalyani, AAM, Advik, Brembo, and Bosch.

Product overview

Circlips Technologie Pvt. Ltd. is a precision engineering components manufacturer established in 1967, producing a comprehensive portfolio of stamping and multiformed components. The core product line centers on Circlips and Retaining Rings (including snap rings, shims, and washers), supplemented by twelve specialized product categories: Compressor Parts, Bearing Assembly Parts, Clutch Assembly Parts, Brake Assembly Components, Clamps and Clips, Shock Absorber Parts, Special Formed Components, Transmission Parts, Vehicle Body Assembly Parts, Electrical Components, and Special Parts. These components serve diverse industrial sectors including automotive, construction heavy equipment, wind power, aerospace, and railway applications. The company operates manufacturing facilities in Umargam, Gujarat and a corporate office in Mumbai.

Differentiator

Problem solved

Functional benefit

Products and services

• Circlips and Retaining Rings Precision-engineered circlips and retaining rings manufactured for mechanical assemblies across automotive and industrial sectors.
• Compressor Parts Multiformed metal components used in compressor assemblies for automotive and industrial applications.
• Bearing Parts Precision-formed bearing parts manufactured to OEM specifications for use in rotating machinery and automotive assemblies.
• Clutch Parts Multiformed clutch parts supplied to OEMs and Tier-1 suppliers for automotive powertrain assemblies.
• Brake Components Precision-formed brake components supplied to brake-system manufacturers including Brembo for use in automotive braking systems.
• Clamps and Clips Engineered metal clamps and clips used in automotive and industrial assembly applications.
• Shock Absorber Parts Multiformed shock absorber parts supplied to OEMs for use in vehicle suspension systems.
• Special Formed / Custom Components Custom-engineered metal formed components produced to customer specifications for specialized industrial and OEM applications.
• Transmission Parts Precision-formed transmission parts supplied to OEMs and Tier-1 suppliers for automotive drivetrain assemblies.
• Vehicle Body Parts Multiformed vehicle body parts supplied to OEMs for use in automotive body assembly.
• Electrical Components Precision-formed electrical components supplied for use in automotive and industrial electrical systems.

Quantifiable outcome

• 100% functionally tested products for aerospace applications meeting performance goals
• +1 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Gerd Wagner GmbH: German precision stamping and circlip manufacturer serving automotive and industrial customers — directly comparable European specialty stamping peer.
• Rotor Clip: US manufacturer of retaining rings, snap rings, and constant-section rings for automotive, aerospace, and industrial applications — directly comparable specialty product range and end-market overlap.
• Andreas Maier (AMF): German manufacturer of workholding, clamping, and precision fastening components including retaining rings — comparable European precision component supplier serving industrial OEMs.
• William Drake & Company: UK-based specialist manufacturer of circlips and retaining rings serving European automotive and industrial OEMs — directly comparable specialty ring manufacturer with global distribution.
• Smalley Steel Ring Company: US-based specialist manufacturer of retaining rings, snap rings, and wave springs — the most direct global comparator to Circlips Technologie's core circlip/retaining-ring product line serving automotive and industrial OEMs.

Broad incumbents

• Penn Engineering & Manufacturing Corp: US-based global manufacturer of precision fastening components and sheet metal hardware serving automotive, electronics, and industrial OEMs — comparable specialty fastening/forming manufacturer at much larger scale.
• Barnes Group Inc. US-listed diversified industrial manufacturer with precision components and engineered solutions serving aerospace and industrial OEMs — broader incumbent with overlapping stamping and spring/retaining product lines.
• Illinois Tool Works (ITW): Global diversified industrial manufacturer with multiple precision components and fastening businesses serving automotive and industrial OEMs — broad incumbent providing benchmark for large-scale precision component operations.
• Mueller Industries: US-based manufacturer of copper, brass, aluminum, and steel products including precision stampings and formed components — comparable precision metal forming manufacturer serving industrial markets.

Regional players

• TFC (Taiwan): Asian manufacturer of circlips, snap rings, and stamping components — comparable product portfolio serving automotive and industrial customers in Asia, providing regional peer benchmark.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks1 record

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/circlipstechnologiepvtltd

Revenue estimate

Valuation estimate

Number of profiles

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 Circlips Technologie Pvt. Ltd.