CG Power and Industrial Solutions Limited

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CG Power and Industrial Solutions Limited - overview

Established

1937

Location

Mumbai, Maharashtra, India

Primary Industry

Electronics

About

CG Power and Industrial Solutions Limited, based in India, provides advanced engineering solutions and high-performance materials, serving various sectors including aerospace, automotive, and electronics, enhancing efficiency and durability in industrial applications. CG Power and Industrial Solutions Limited, founded in 1937 and headquartered in Mumbai, India, specializes in technology and manufacturing solutions. The company has undergone strategic shifts over the years but maintains its focus on high-performance engineered products. The firm has engaged in 4 notable funding deals, with the most recent being a TRADE SALE in August 2020, which raised INR 7000.


00 mn from Tube Investments of India Limited, marking the total amount raised at INR 7000. 00 mn. The current CEO is Claes Bjareholt. CG Global specializes in innovative solutions within the technology and manufacturing sectors, focusing on advanced materials and engineered products for industries such as aerospace, automotive, and electronics.


Their product range includes high-performance materials that enhance performance and durability, addressing specific challenges faced by end-users. Notably, their engineered composites are utilized in lightweight structural applications, significantly contributing to fuel efficiency in aerospace and automotive designs. CG Global serves a diverse customer base across North America, Europe, and Asia, ensuring their advanced solutions are accessible to critical industries globally. In 2022, CG Global reported a revenue of INR 746,582,753.


20, with an EBITDA amounting to INR 159,073,380. 70. The company's revenue model is structured around B2B transactions, focusing on long-term contracts and partnerships with industrial clients, facilitating direct purchases of their flagship products, which include trademarked materials designed for high-performance applications. This structured pricing approach fosters ongoing relationships with key clients and drives sustained revenue growth through continued innovation and product development.


CG Power and Industrial Solutions Limited has plans for product innovation and geographic expansion. While specific new products and their release dates have not been disclosed, the company aims to leverage its recent TRADE SALE funding from August 2020 to bolster its operations and enhance its product offerings. This funding will likely support initiatives targeting expansion into additional markets in Asia and Europe by 2025. In August 2020, KKR sold 19 million shares of CG Power in a private placement on the Bombay Stock Exchange and National Stock Exchange under the ticker symbol "CGPOWER", although financial terms were not disclosed.


Current Investors

Primary Industry

Electronics

Sub Industries

Electrical, Plumbing & Hardware Distributors, Electronic Components

Website

www.cgglobal.com/

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

CG Power and Industrial Solutions Limited - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Private Placement/Follow onCompletedCG Power and Industrial Solutions Limited-
Trade SaleCompletedCG Power and Industrial Solutions Limited-
PIPECompletedCG Power and Industrial Solutions Limited-

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