Premji Invest Bets Big on Bharat Forge’s JSA with ₹300Cr Deal

JS Auto Cast Foundry India (JSA), a wholly owned subsidiary of Bharat Forge, has raised ₹300 crore in equity funding from Premji Invest through a primary capital infusion.

The investment will support JSA’s plans to significantly expand its casting capacity—particularly in medium castings—and to pursue strategic acquisitions aimed at industry consolidation. A leading supplier of critical ferrous castings for industrial and automotive applications, JSA has recorded strong growth since its acquisition by Bharat Forge in 2022.

Commenting on the development, Amit Kalyani, Vice Chairman & Joint Managing Director of Bharat Forge, said, “Since our acquisition of JSA in 2022, the company has delivered strong financial performance, with topline, exports, and profitability growing at a CAGR of 17 per cent, 24 per cent, and 25 per cent respectively. JSA has also enhanced its product mix and expanded its customer base. We are pleased to partner with Premji Invest, a highly respected investor, as JSA enters the next phase of its growth journey.”

Manoj Jaiswal, Partner at Premji Invest, said that the firm looks forward to collaborating with Bharat Forge to build a leading ferrous casting platform in India.

News by Rahul Yelligetti.