About Electromags
Electromags is a Transportation, Automotive & Logistics company based in Chennai (India) founded in 1976, and was acquired by Bombay Burmah Trading in December 2006. Electrical components for automobiles and ATMs are manufactured. The company has 55 employees. Its focus areas include Auto, Auto Components, Electrical and Electronic System and Multi Category. Its legal entity in India is Electromags Automotive Products Private Limited (U35911TN1990PTC019386). Its competitors include SEDEMAC, UNO Minda and Rane Group; 2 of its 3 listed competitors have raised funding.
Company details
Electromags was established in 1976 as a division of Bombay Burmah Trading Corporation Limited within the Wadia Group. Auto electric components, switches, ATM parts, and white goods products are produced across three divisions: Electromags Automotive Products Pvt. Ltd., Electromags, and Switch International. Operations are centered in Chennai, India, with clientele including Hero, TVS, Mahindra, Piaggio, and Wabco. The focus remains on manufacturing for automotive and financial sectors.
- Headquarters Chennai, India
- Employees 55
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Website electromags.com
- Acquired by Bombay Burmah Trading (Dec 2006)
- Legal Name Electromags Automotive Products Private Limited
- Date of Incorporation 12 Jul, 1990
- Jurisdiction Chennai, Tamil Nadu, India
- Investors
- Employee Count55
- Acquired byBombay Burmah Trading
(Dec 2006)
Associated legal entities of Electromags
Electromags operates through Electromags Automotive Products Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Electromags Automotive Products Private Limited CIN U35911TN1990PTC019386 | Amalgamated | 12 Jul 1990 | Chennai, Tamil Nadu | 4 | View details |
Investors in Electromags
Electromags has secured backing from 1 investor. Prominent investors backing the company include Bombay Burmah Trading.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Production of tea and coffee and marketing | 1863 | bbtcl.com | Mumbai, India |
Investor details for Electromags
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- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Electromags Automotive Products Private Limited (Electromags)
Electromags Automotive Products Private Limited is the primary company behind Electromags. The board of Electromags Automotive Products Private Limited currently have 4 directors; the longest-serving is Raghavan Ravi, appointed in 1990. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Raghavan Ravi DIN 00547522 | Director | 12 Jul 1990 | 36 yrs 4 mo | Electromags Automotive Products Private Limited |
| Ashok Panjwani DIN 00025754 | Director | 11 Dec 2006 | 19 yrs 11 mo | Electromags Automotive Products Private Limited |
| Nitin Hariyantlal Datanwala DIN 00047544 | Director | 11 Dec 2006 | 19 yrs 11 mo | Electromags Automotive Products Private Limited |
| Bharath Kelapanda Achappa Mandanna DIN 02762154 | Director | 26 Aug 2009 | 17 yrs 2 mo | Electromags Automotive Products Private Limited |
Timeline of Electromags
2 dated milestones of Electromags across 30 years, from founding to its latest funding, stage changes and deals.
- Founded Electromags is founded.
- Exit Acquired by Bombay Burmah Trading.
Competitors of Electromags
Electromags has 3 listed competitors in our database, 2 of them funded. They include SEDEMAC, UNO Minda and Rane Group.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sedemac.com | 2007 | Pune, India | $25.77M | 468 | Electrical and electronic parts for automobiles are provided by SEDEMAC. | |
| unominda.com | 1958 | Gurugram, India | $259.53M | 2,509 | Manufacturer and supplier of major auto components to OEMs and tier 1 companies | |
| ranegroup.com | 1929 | Chennai, India | 172 | Major auto components are manufactured and supplied to OEMs. |
Detailed competitors of Electromags
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Automotive Manufacturing & Components
3 companies that operate in the same segment as Electromags (Automotive Manufacturing & Components) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electrical and electronic parts for automobiles are provided by SEDEMAC. | 2007 | Pune, Maharashtra, India | USD 26.22 M | USD 32.69 M | 415 | |
Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles | 1994 | Mumbai, Maharashtra, India | USD 137.89 M | USD 24.41 B | 33,980 | |
Lithium-ion batteries for electric vehicles are manufactured across categories. | 2006 | Gurugram, Haryana, India | USD 34.18 M | 177 |
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Frequently Asked Questions about Electromags
Electromags was founded in 1976.
Electromags is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Electromags has 55 employees.
Electromags was established in 1976 as a division of Bombay Burmah Trading Corporation Limited within the Wadia Group. Auto electric components, switches, ATM parts, and white goods products are produced across three divisions: Electromags Automotive Products Pvt. Ltd., Electromags, and Switch International. Operations are centered in Chennai, India, with clientele including Hero, TVS, Mahindra, Piaggio, and Wabco. The focus remains on manufacturing for automotive and financial sectors.
Electromags's top competitors include SEDEMAC, UNO Minda and Rane Group.
Electromags has 1 investor. Key investors include Bombay Burmah Trading.
Electromags operates through Electromags Automotive Products Private Limited.
Yes. Electromags was acquired by Bombay Burmah Trading in December 2006.
The legal entities of Electromags currently have 4 directors, including Bharath Kelapanda Achappa Mandanna, Raghavan Ravi, Ashok Panjwani and others.