How much funding did JS Auto Cast secure from Premji Invest?

JS Auto Cast secured a ₹300 crore equity investment from Premji Invest.

What will the ₹300 crore investment be used for by JS Auto Cast?

The funds will be used to expand existing casting capacity, invest in medium casting capabilities, and pursue potential acquisitions for industry consolidation.

What percentage stake will Premji Invest hold in JS Auto Cast?

Premji Invest will acquire a 23% stake in JS Auto Cast on a fully diluted basis.

Home / Business and Economy / Bharat Forge Unit Bags ₹300 Cr Boost from Premji Invest

Bharat Forge Unit Bags ₹300 Cr Boost from Premji Invest

2 Feb

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Summary

JS Auto Cast secured ₹300 crore investment from Premji Invest.
Premji Invest acquired a 23% stake in the Bharat Forge subsidiary.
Funds will expand capacity and pursue acquisitions in castings.

Bharat Forge Unit Bags ₹300 Cr Boost from Premji Invest

Bharat Forge announced on February 2, 2026, that its subsidiary, JS Auto Cast Foundry India, has secured a substantial ₹300 crore equity investment from Premji Invest. This funding is earmarked for expanding the company's existing casting capacity and developing medium casting capabilities.

The investment, which will see Premji Invest acquire a 23% stake in JS Auto Cast on a fully diluted basis, aims to accelerate the subsidiary's growth ambitions. The capital will also support potential acquisitions, fostering consolidation within the fragmented ferrous castings industry.

JS Auto Cast, a key supplier for industrial and automotive sectors, has experienced robust growth since becoming part of the Bharat Forge group in 2022. The company reported compound annual growth rates of 17% in revenue, 24% in exports, and 25% in profitability.