IP Rings Mechanical Engineer Salaries by 4 Employees

2 - 6 years exp.

₹2.1 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

44% less than the average Mechanical Engineer Salary in Auto Components Companies for 2 - 6 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Mechanical Engineer Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3 L/yr
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Sales & Business Development Mechanical Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr

Last Updated: 9 Dec 2023

Companies similar to IP Rings for Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
JBM Group Mechanical Engineer Salary 0 - 6 years exp. (98 salaries)	₹1.2 L/yr - ₹6 L/yr 9% more
Shivam Autotech Mechanical Engineer Salary 1 - 10 years exp. (28 salaries)	₹1.8 L/yr - ₹4.2 L/yr 15% more
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Hi Tech Gears Mechanical Engineer Salary 1 - 8 years exp. (26 salaries)	₹1.2 L/yr - ₹5.5 L/yr 37% more
TRF Mechanical Engineer Salary 7 - 13 years exp. (20 salaries)	₹2.3 L/yr - ₹7 L/yr 96% more
Alicon Castalloy Mechanical Engineer Salary 2 - 13 years exp. (19 salaries)	₹2.3 L/yr - ₹5.5 L/yr 58% more
Talbros Mechanical Engineer Salary 0 - 3 years exp. (13 salaries)	₹1.7 L/yr - ₹3.2 L/yr 12% less
UCAL Fuel Systems Mechanical Engineer Salary 1 - 4 years exp. (12 salaries)	₹1.5 L/yr - ₹4.1 L/yr 2% less
MARK EXHAUST SYSTEMS Mechanical Engineer Salary 1 - 6 years exp. (11 salaries)	₹1 L/yr - ₹3.6 L/yr 10% less
Fiem Industries Mechanical Engineer Salary 0 - 6 years exp. (10 salaries)	₹2 L/yr - ₹3.5 L/yr 7% more
Greaves Cotton Mechanical Engineer Salary 1 - 5 years exp. (8 salaries)	₹2 L/yr - ₹4.5 L/yr 25% more
Banco Products Mechanical Engineer Salary 4 - 9 years exp. (8 salaries)	₹1.5 L/yr - ₹4.1 L/yr 8% less
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Kinetic Engineering Mechanical Engineer Salary 1 - 6 years exp. (7 salaries)	₹1.5 L/yr - ₹3.6 L/yr 10% less
India Nippon Electricals Mechanical Engineer Salary 2 - 5 years exp. (6 salaries)	₹2 L/yr - ₹3 L/yr 1% less
Sundaram Auto Components Mechanical Engineer Salary 2 - 9 years exp. (5 salaries)	₹3.2 L/yr - ₹5.5 L/yr 72% more
JMT Auto Mechanical Engineer Salary 3 - 14 years exp. (5 salaries)	₹2.4 L/yr - ₹3.6 L/yr 21% more
Sakthi Auto Components Mechanical Engineer Salary 1 - 2 years exp. (5 salaries)	₹1.5 L/yr - ₹2.5 L/yr 8% less
Goodyear Mechanical Engineer Salary 1 - 3 years exp. (6 salaries)	₹3 L/yr - ₹4.1 L/yr 37% more
Shanthi Gears Mechanical Engineer Salary 1 - 5 years exp. (4 salaries)	₹2 L/yr - ₹2.4 L/yr 12% less
Igarashi Motors Mechanical Engineer Salary 1 - 5 years exp. (4 salaries)	₹1.5 L/yr - ₹2.4 L/yr 29% less
Poddar Tyres Mechanical Engineer Salary 2 - 4 years exp. (3 salaries)	₹3 L/yr - ₹4 L/yr 28% more

View all

Mechanical Engineer salary at IP Rings ranges between ₹2.1 Lakhs to ₹3 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of IP Rings.

Experience wise IP Rings Mechanical Engineer salaries

Last Updated: 9 Dec 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.4 L/yr
3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹4.3 L/yr
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4 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.9 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.3 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹3 L/yr

Similar Designation salaries in IP Rings

Electrical Engineer Salary

(3 salaries)

₹3.8 L/yr - ₹5.2 L/yr

Senior Engineer Salary

(6 salaries)

₹5.8 L/yr - ₹6.8 L/yr

Junior Engineer Salary

(5 salaries)

₹2.25 L/yr - ₹3.5 L/yr

Maintenance Engineer Salary

(4 salaries)

₹4.25 L/yr - ₹7.49 L/yr

Production Engineer Salary

(39 salaries)

₹2.76 L/yr - ₹6 L/yr

Technician Salary

(3 salaries)

₹1.8 L/yr - ₹4.5 L/yr

Mechanical Maintenance Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(5 salaries)

₹9.3 L/yr - ₹10 L/yr

Maintenance Manager Salary

(AmbitionBox Estimate)

₹11.5 L/yr - ₹14.7 L/yr

Maintenance Executive Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Salary related reviews for IP Rings

Senior Executive in Chengalpattu

Full Time

Finance Department

2.0

• posted on 26 Aug 2022

1.0

for Salary and Benefits

Likes

Since this is a medium size company, we can learn everything. There is opportunity for learning a lot.

Job security - Good

Dislikes

...pecially in Finance Management will force to serve entire 90 days notice period. Getting promotion and getting a good salary hike are once in a blue moon. If you are ready to face a worse situation in the notice period, you can join. You can never understand the performance appraisal calculation. There is no proper ERP, no supporting person available in Information systems team, only one person is handling entire IS team. Also, this company is one of the companies in the amalgamation group, we have to serve forcefully for other companies without getting any monetary benefits.

Salary - Bad

+2 more

Deputy Manager in Vellore

Full Time

Quality Assurance Department

5.0

• posted on 01 Nov 2024

5.0

for Salary and Benefits

Likes

Culture is good. Treating all employees with respect. Technology is good.

Salary - Excellent

+5 more

Dislikes

Mr.Balachander GM gave sever harassment to young officers and forced them to resign automatically. He put the rejection tag on. OCF ok parts. Redy to Dispatch.

Electrical Engineer in Chennai

Production, Manufacturing & Engineering Department

3.0

• posted on 09 Jun 2020

3.0

for Salary and Benefits

Likes

I intrested in maintenance job,full supported in management for any improventvand madification our plant, but that covid 19 problems more affected all of industial though more employee affected

Work satisfaction - Good

Dislikes

I am electrical engineer my rolls assistance shift vice 3 electrcian workinng but not there are not continue in 3years in the job because there are contractors new persons getting the management Freshers i getting again training the boys so breakdown times is more comes, thant dislike points

Engineer In Metallurgical Engineer

Finance & Accounting Department

4.0

• posted on 13 Aug 2018

1.0

for Salary and Benefits

Likes

The company is open to learning & accepting innovation ideas.

Work-life balance - Good

Dislikes

But career will be move slowly & there is no job security.couldn’t promotion easily otherwise you support to management.wellfare is very less. Poor HR & finance management.more partiallity & politics.

Salary - Bad

+3 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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IP Rings Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at IP Rings ?

The average salary of a Mechanical Engineer at IP Rings in India typically ranges from ₹2.1 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Mechanical Engineer at IP Rings earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Mechanical Engineer Salaries at IP Rings can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 IP Rings employees in India.

What is the estimated take home salary of a Mechanical Engineer at IP Rings in India?

The estimated take-home salary of a Mechanical Engineer at IP Rings in India typically ranges from ₹18,318 to ₹20,006 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 2 years to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of IP Rings. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IP Rings for Mechanical Engineer in India?

TRF	₹2.3 Lakhs to ₹7.0 Lakhs per year
Sundaram Auto Components	₹3.2 Lakhs to ₹5.5 Lakhs per year
Setco Automotive	₹4.0 Lakhs to ₹5.0 Lakhs per year
Alicon Castalloy	₹2.3 Lakhs to ₹5.5 Lakhs per year
Hi Tech Gears	₹1.2 Lakhs to ₹5.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IP Rings, depending on the role and experience level.

What is the salary of a Mechanical Engineer in companies similar to IP Rings in India?

The salary of a Mechanical Engineer at companies similar to IP Rings in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Goodyear	₹3.0 Lakhs to ₹4.1 Lakhs per year
Poddar Tyres	₹3.0 Lakhs to ₹4.0 Lakhs per year
Greaves Cotton	₹2.0 Lakhs to ₹4.5 Lakhs per year
JMT Auto	₹2.4 Lakhs to ₹3.6 Lakhs per year
Shivam Autotech	₹1.8 Lakhs to ₹4.2 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Mechanical Engineer at IP Rings in India?

The salary growth for a Mechanical Engineer at IP Rings depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer can expect the following growth trajectory at IP Rings:

Experience	Average Salary Range
2 years	₹0.9 Lakhs to ₹2.4 Lakhs per year
3 years	₹2.1 Lakhs to ₹4.3 Lakhs per year
4 years	₹1.0 Lakhs to ₹2.9 Lakhs per year
5 years	₹2.5 Lakhs to ₹3.3 Lakhs per year

and so on.

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IP Rings Mechanical Engineer Salaries

IP Rings Mechanical Engineer salary in India ranges between ₹2.1 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IP Rings latest salaries received from various employees of IP Rings.