About Deepak Fasteners
Deepak Fasteners is a company based in Ludhiana (India) founded in 1958 by Deepak Chander Kalra.. Deepak Fasteners has raised $74.26 million across 5 funding rounds from investors including Capri Loans, BanyanTree Finance and DEG. The company has 1,660 employees as of April 04, 2024. Deepak Fasteners offers products and services including Socket Screws, Hex Bolts, Hex Nuts, Washers, and Specialized Coatings. Deepak Fasteners operates in a competitive market with competitors including Hillman Group, PennEngineering, ForgeFix, Arrow Fastener and Fabryka Elementów Złacznych FEZ, among others.
- Headquarter Ludhiana, India
- Employees 1660 as on 04 Apr, 2024
- Founders Deepak Chander Kalra
- Stage Minicorn
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Sectors
Real Estate & Construction
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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 Deepak Fasteners Limited
- Date of Incorporation 12 Nov, 1990
- Jurisdiction Ludhiana, Punjab, India
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Annual Revenue
$81.44 M (USD)16.86as on Mar 31, 2024
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Net Profit
$3.15 M (USD)163.46as on Mar 31, 2024
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EBITDA
$11.34 M (USD)412.26as on Mar 31, 2024
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Total Equity Funding
$74.26 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
Capri Loans
& 9 more
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Employee Count
1660
as on Apr 04, 2024
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Products & Services of Deepak Fasteners
Deepak Fasteners offers a comprehensive portfolio of products and services, including Socket Screws, Hex Bolts, Hex Nuts, Washers, and Specialized Coatings. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
High-quality screws for industrial applications.
Bolts used in structural and assembly needs.
Nuts for securing bolts in machinery.
Components that distribute load in assemblies.
Coatings like galvanizing for corrosion protection.
Pins for joining and alignment purposes.
Tools for fastener installation and use.
Specialized fasteners for enhanced performance.
Unlock access to complete
Funding Insights of Deepak Fasteners
Deepak Fasteners has successfully raised a total of $74.26M across 5 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Last Round
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First Round
First Round
(31 Mar 2008)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Series C - Deepak Fasteners | Valuation |
investors |
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| Jun, 2022 | Amount | Debt – Conventional - Deepak Fasteners | Valuation |
investors |
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| Apr, 2016 | Amount | Series B - Deepak Fasteners | Valuation | BanyanTree Finance , DEG |
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| 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 Deepak Fasteners
Deepak Fasteners has secured backing from 10 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Capri Loans, BanyanTree Finance and DEG. 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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Investment firm engaging in diverse sector partnerships in India.
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Founded Year | Domain | Location | |
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Private equity firm focused on growth equities
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Founded Year | Domain | Location | |
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Capri Loans is recognized as a leading NBFC in India, offering secured loan products.
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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 Deepak Fasteners
| 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 |
Financial Statements - Deepak Fasteners
| 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 |
Deepak Fasteners Comparisons
Competitors of Deepak Fasteners
Deepak Fasteners 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 Hillman Group, PennEngineering, ForgeFix, Arrow Fastener and Fabryka Elementów Złacznych FEZ, 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 |
Hardware and home improvement products are supplied to retail markets.
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| domain | founded_year | HQ Location |
Fasteners are manufactured by PennEngineering for industrial applications.
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| domain | founded_year | HQ Location |
Fixings and fasteners are supplied by ForgeFix to construction sectors.
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| domain | founded_year | HQ Location |
Brand of stapling tools and fasteners
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| domain | founded_year | HQ Location |
Fasteners are manufactured in Siemianowice Slaskie, Poland.
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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 Deepak Fasteners
Frequently Asked Questions about Deepak Fasteners
When was Deepak Fasteners founded?
Deepak Fasteners was founded in 1958 and raised its 1st funding round 50 years after it was founded.
Where is Deepak Fasteners located?
Deepak Fasteners is headquartered in Ludhiana, India. It is registered at Ludhiana, Punjab, India.
Is Deepak Fasteners a funded company?
Deepak Fasteners is a funded company, having raised a total of $74.26M across 5 funding rounds to date. The company's 1st funding round was a Series B of $10.51M, raised on Mar 31, 2008.
How many employees does Deepak Fasteners have?
As of Apr 04, 2024, the latest employee count at Deepak Fasteners is 1,660.
What is the annual revenue of Deepak Fasteners?
Annual revenue of Deepak Fasteners is $81.44M as on Mar 31, 2024.
What does Deepak Fasteners do?
Deepak Fasteners was established in 1958 in Ludhiana, India, within the industrial manufacturing sector. A range of fasteners, including socket screws, pins, wrenches, and specialized bolts, is produced using advanced technologies for precision. Various coatings are applied to improve durability. Quality control measures are implemented to comply with industry standards. Operations focus on supplying these components to meet engineering requirements.
Who are the top competitors of Deepak Fasteners?
Deepak Fasteners's top competitors include PennEngineering, Hillman Group and Arrow Fastener.
What products or services does Deepak Fasteners offer?
Deepak Fasteners offers Socket Screws, Hex Bolts, Hex Nuts, Washers, and 4 more products and services.
Who are Deepak Fasteners's investors?
Deepak Fasteners has 10 investors. Key investors include Capri Loans, BanyanTree Finance, DEG, Shreeganeshjewellers, and Kailash Kalra.
What is Deepak Fasteners's valuation?
The valuation of Deepak Fasteners is $26.63M as of Apr 2016.