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
Not available
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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.
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.
People of Deepak Fasteners
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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.
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.
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Investment firm engaging in diverse sector partnerships in India.
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Private equity firm focused on growth equities
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Capri Loans is recognized as a leading NBFC in India, offering secured loan products.
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Investor details for Deepak Fasteners
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Investments & Acquisitions by Deepak Fasteners
Investment portfolio details for Deepak Fasteners
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Financial Statements - Deepak Fasteners
Detailed financials for Deepak Fasteners
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Deepak Fasteners Comparisons
Peer comparison for Deepak Fasteners
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Hardware and home improvement products are supplied to retail markets.
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Fasteners are manufactured by PennEngineering for industrial applications.
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Fixings and fasteners are supplied by ForgeFix to construction sectors.
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Brand of stapling tools and fasteners
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Fasteners are manufactured in Siemianowice Slaskie, Poland.
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Detailed competitors of Deepak Fasteners
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Latest news on Deepak Fasteners
Complete news archive for Deepak Fasteners
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Frequently Asked Questions about Deepak Fasteners
Deepak Fasteners was founded in 1958 and raised its 1st funding round 50 years after it was founded.
Deepak Fasteners is headquartered in Ludhiana, India. It is registered at Ludhiana, Punjab, India.
Deepak Fasteners is a funded company, having raised a total of $74.26M across 5 funding rounds to date.
As of Apr 04, 2024, the latest employee count at Deepak Fasteners is 1,660.
Annual revenue of Deepak Fasteners is $81.44M as on Mar 31, 2024.
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.
Deepak Fasteners's top competitors include PennEngineering, Hillman Group and Arrow Fastener.
Deepak Fasteners offers Socket Screws, Hex Bolts, Hex Nuts, Washers, and 4 more products and services.
Deepak Fasteners has 10 investors. Key investors include Capri Loans, BanyanTree Finance, DEG, Shreeganeshjewellers, and Kailash Kalra.
The valuation of Deepak Fasteners is $26.63M as of Apr 2016.