About CG Power & Industrial Solutions
CG Power & Industrial Solutions is a company based in Mumbai (India) founded in 1937 was acquired by Elsewedy Electric in May 2021.. The company has 4,840 employees as of March 31, 2024. CG Power & Industrial Solutions has completed 4 acquisitions, including CG Drives & Automation, G.G.Tronics and MSE Group. CG Power & Industrial Solutions operates in a competitive market with competitors including Schneider Electric, Honeywell, Danfoss, Rockwell Automation and Emerson, among others.
- Headquarter Mumbai, India
- Employees 4840 as on 31 Mar, 2024
- Stage Public
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Cg Power & Industrial Solutions Ltd
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Annual Revenue
$1.16 B (USD)23.15as on Mar 31, 2024
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Net Profit
$113.9 M (USD)-31.7as on Mar 31, 2024
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EBITDA
$156.43 M (USD)14.24as on Mar 31, 2024
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Latest Funding Round
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Investors
Yes Bank
& 4 more
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Employee Count
4840
as on Mar 31, 2024
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Investments & Acquisitions
CG Drives & Automation
& 3 more
- Acquired by
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IPO & Listings of CG Power & Industrial Solutions
CG Power & Industrial Solutions is a publicly listed company on the NSE with ticker symbol CGPOWER in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of CG Power & Industrial Solutions
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(01 Sep 2017)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Post-IPO - CG Power & Industrial Solutions | Valuation |
investors |
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| May, 2019 | Amount | Post-IPO - CG Power & Industrial Solutions | Valuation |
investors |
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| Sep, 2017 | Amount | Grant - CG Power & Industrial Solutions | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CG Power & Industrial Solutions
CG Power & Industrial Solutions has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Yes Bank, KKR and Tube Investments of India. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Multiple sectors are invested in by this private equity firm.
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Founded Year | Domain | Location | |
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Commercial banking services are offered to individuals and businesses.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CG Power & Industrial Solutions
CG Power & Industrial Solutions has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include CG Drives & Automation, G.G.Tronics and MSE Group. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Electronic safety embedded systems are manufactured for railway transport.
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2002 | ||||
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Offers real estate & infrastructure development and project management services
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2002 | ||||
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Drive systems for electric motors are manufactured and supplied.
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1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - CG Power Industrial Solutions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cg Power & Industrial Solutions Comparisons
Competitors of CG Power & Industrial Solutions
CG Power & Industrial Solutions operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Schneider Electric, Honeywell, Danfoss, Rockwell Automation and Emerson, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Energy management and automation solutions are provided globally.
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| domain | founded_year | HQ Location |
Diversified electronics and automation equipment are manufactured and supplied.
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| domain | founded_year | HQ Location |
Manufacturer of energy efficiency products
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| domain | founded_year | HQ Location |
Industrial automation and information systems are provided to global industries.
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| domain | founded_year | HQ Location |
Automation and engineering services are provided for multiple industries.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cg Power & Industrial Solutions
Frequently Asked Questions about CG Power & Industrial Solutions
When was CG Power & Industrial Solutions founded?
CG Power & Industrial Solutions was founded in 1937 and raised its 1st funding round 80 years after it was founded.
Where is CG Power & Industrial Solutions located?
CG Power & Industrial Solutions is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of CG Power & Industrial Solutions?
Natarajan Srinivasan is the current CEO of CG Power & Industrial Solutions.
How many employees does CG Power & Industrial Solutions have?
As of Mar 31, 2024, the latest employee count at CG Power & Industrial Solutions is 4,840.
What is the annual revenue of CG Power & Industrial Solutions?
Annual revenue of CG Power & Industrial Solutions is $1.16B as on Mar 31, 2024.
What does CG Power & Industrial Solutions do?
CG Power Industrial Solutions, established in 1937 and currently in Acquired stage, focuses on industrial goods and manufacturing, industrial automation equipment, horizontal, and manufacturers. Manufacturer of Industrial and Consumer Electric Equipment. Adapting to market demands with innovation and client-focused strategies.
Who are the top competitors of CG Power & Industrial Solutions?
CG Power & Industrial Solutions's top competitors include Honeywell, Schneider Electric and Danfoss.
Is CG Power & Industrial Solutions publicly traded?
Yes, CG Power & Industrial Solutions is publicly traded on NSE under the ticker symbol CGPOWER.
How many acquisitions has CG Power & Industrial Solutions made?
CG Power & Industrial Solutions has made 4 acquisitions, including CG Drives & Automation, G.G.Tronics, and MSE Group.
Who are CG Power & Industrial Solutions's investors?
CG Power & Industrial Solutions has 5 investors. Key investors include Yes Bank, KKR, Tube Investments of India, Elsewedy Electric, and European Union.
What is CG Power & Industrial Solutions's ticker symbol?
The ticker symbol of CG Power & Industrial Solutions is CGPOWER on NSE.
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