Archive · 22 Sep 2025
Temasek, Carlyle Eye Stake in Nash Industries for $150M
Nash Industries, an auto parts maker in India, is looking for investors to help grow their business.
Companies like Temasek and Carlyle Group are considering investing around $150 million for a piece of the company.
Nash Industries makes parts for various industries.
The company's revenue and profit increased in 2023-24, but a larger portion of sales come from few customers.
The company is looking to expand in new areas to reduce their dependency.
This interest follows a trend of growing investments in Indian manufacturing, supported by government initiatives.
Nash Industries seeks $120-150 million from private equity investors.
Temasek is reportedly in talks to acquire a minority stake.
The company is selling approximately a 25-30% stake.
Nash Industries reported an operating income of ₹1,235.01 crore for the year ending March 2024.
Investment is part of growing private equity interest in India's manufacturing sector.
- Who
- Temasek, Carlyle Group, and ChrysCapital are potential investors.
- What
- Nash Industries is seeking a minority stake investment.
- When
- Fundraising is ongoing; financial data is available through March 2024.
- Where
- Bengaluru, India.
- Why
- To raise capital and potentially expand business.
- Company
- Nash Industries
- Location
- Bengaluru, India
- Investment Target
- $120-150 million
- Potential Investors
- Temasek, Carlyle Group, ChrysCapital
- Stake Offered
- 25-30%
- 2023-24 Revenue
- ₹1,235.01 crore
- 2023-24 Profit
- ₹76.68 crore