JMT Auto

Jamshedpur, India Founded: 1987 • Age: 39 yrs Acquired By Ramkrishna Forgings
Engine, axle, and gear components for automobiles are manufactured.
Annual revenue $1.1M Latest available
Total funding $26.3M 2 rounds
Employees 274 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About JMT Auto

JMT Auto is a company based in Jamshedpur (India) founded in 1987 was acquired by Ramkrishna Forgings in December 2023. JMT Auto has raised $26.33 million across 2 funding rounds from investors including Ramkrishna Forgings, Amtek Industries and ChrysCapital. The company has 274 employees as of August 31, 2024. JMT Auto operates in a competitive market with competitors including Cummins, Valeo, UNO Minda, Linamar and Schaeffler, among others.

  • Headquarter Jamshedpur, India
  • Employees 274 as on 31 Aug, 2024
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Ramkrishna Casting Solutions Limited
Operational Areas
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.06 M (USD)
    498
    as on Mar 31, 2024
  • Net Profit
    $2.47 M (USD)
    364
    as on Mar 31, 2024
  • EBITDA
    $3.39 M (USD)
    472
    as on Mar 31, 2024
  • Total Equity Funding
    $26.33 M (USD)

    in 2 rounds

  • Latest Funding Round
    $18.4 M (USD), Unspecified

    Jun 28, 2013

  • Investors
  • Employee Count
    274

    as on Aug 31, 2024

  • Acquired by
    Ramkrishna Forgings

    (Dec 18, 2023)

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Funding Insights of JMT Auto

JMT Auto has successfully raised a total of $26.33M across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $18.4 million completed in June 2013. 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 JMT Auto

JMT Auto has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Ramkrishna Forgings, Amtek Industries and ChrysCapital.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment firm focusing on private equity in sectors like financial services and healthcare.
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Manufactures forged, cast, and machined auto components
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Ramkrishna Forgings is engaged in metal forming and manufacturing.
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Investor details for JMT Auto

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Investments & Acquisitions by JMT Auto

Investments
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Investment portfolio details for JMT Auto

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Financial Statements - JMT Auto

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Detailed financials for JMT Auto

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Jmt Auto Comparisons

JMT Auto Primary company
Description
Engine, axle, and gear components for automobiles are manufa...
Location
Jamshedpur, India
Founded Year
1987
Annual Revenue
$1.06 M (USD)
Net Profit
$2.47 M (USD)
EBITDA
$3.39 M (USD)
Employees
274
As of 2024
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Peer comparison for JMT Auto

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Competitors of JMT Auto

JMT Auto 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 Cummins, Valeo, UNO Minda, Linamar and Schaeffler, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Manufacturer of gas-powered construction equipment
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Automotive products and services are supplied globally to automakers.
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Manufacturer and supplier of major auto components to OEMs and tier 1 companies
Locked Locked Locked
Motor vehicle and agricultural parts are manufactured and supplied.
Locked Locked Locked
Manufacturer of bearings for the automotive industry
Locked Locked Locked
Automotive components and systems are manufactured for vehicles.
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Detailed competitors of JMT Auto

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Latest news on Jmt Auto

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Complete news archive for JMT Auto

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Frequently Asked Questions about JMT Auto

JMT Auto was founded in 1987 and raised its 1st funding round 18 years after it was founded.

JMT Auto is headquartered in Jamshedpur, India. It is registered at Jamshedpur, Jharkhand, India.

Sanjay Tiku is the current CEO of JMT Auto.

JMT Auto is a funded company, having raised a total of $26.33M across 2 funding rounds to date.

As of Aug 31, 2024, the latest employee count at JMT Auto is 274.

Annual revenue of JMT Auto is $1.06M as on Mar 31, 2024.

JMT Auto was founded in 1987 and is headquartered in Jamshedpur, India. Operations focus on the automotive sector, where engine, axle, and gear components are produced, with primary emphasis on gear and transmission parts. Comprehensive details on financial performance, governance structure, and other investor-relevant information are provided through company resources.

JMT Auto's top competitors include Cummins, Valeo and UNO Minda.

JMT Auto has 3 investors. Key investors include Ramkrishna Forgings, Amtek Industries, and ChrysCapital.

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