Aurangabad Electricals Limited is a manufacturing company that specializes in the production of die casting components, with plants located in Aurangabad, Chakan, and Pantnagar. The company, founded in 1985, was acquired by Mahindra CIE Automotive Ltd in April 2019. Its latest investment of INR 451.20M was from a Private Equity Round led by Blue River Capital on 01 March 2006.
Aurangabad Electricals Ltd's focus on manufacturing and the recent acquisition by a major player in the automotive industry signal potential for growth and expansion. The company's diverse locations provide strategic advantages in reaching various markets within India. The Private Equity Round investment in 2006 demonstrates investor confidence in the company's business model and potential for long-term success.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Private Equity Round | INR451.20M | 1 |
|
01 Mar 2006 |
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