Chamundi Die Cast, an auto components manufacturer, has relaunched its capital-raising process aiming to secure up to ₹1,500 crore through private equity, according to livemint.com. The company is targeting this funding to accelerate growth, professionalise operations, and support future expansion plans. Chamundi reported an operating income of ₹440.69 crore for FY25, up from ₹423.26 crore the previous year.
The fresh fundraising effort follows earlier discussions that slowed down, with promoters now actively seeking investors to back the company’s next phase. The capital infusion is expected to help Chamundi enhance its manufacturing capabilities and scale up its business. The company’s promoters have initiated this process to tap into renewed private equity interest in the manufacturing sector, especially in auto components.
The move comes amid a broader resurgence of private equity investments in the Indian manufacturing sector, which had seen a slowdown in recent years. Chamundi’s ₹1,500 crore target places it among significant capital raises in the auto components space, reflecting growing investor confidence. The company’s steady revenue growth and operational improvements position it well to attract institutional capital in a competitive market.
Chamundi Die Cast’s operating income growth to ₹440.69 crore in FY25 underscores its business momentum. The company’s promoters have relaunched the fundraising process this month, June 2026, marking a critical step in its expansion strategy, as reported by livemint.com.