Led · Equity · Jul 2026

Poojaa Precision Engineering manufactures aluminum die-cast and precision-machined components serving sectors including automotive, agriculture, defense, energy, and healthcare. Founded in 1992 and operating from Pune, the company currently runs two manufacturing units and is planning to add a new unit in Pune funded largely by its upcoming IPO. Management is also exploring production of precision magnesium components, with a planned fourth unit intended to develop samples for that line. Financially, the company has secured ₹45.1 crore from anchor investors ahead of a ₹159.8 crore fresh-issue IPO, with most IPO proceeds allocated to capacity expansion and working capital. The firm expects the new manufacturing capacity to support future revenue growth, while investors will watch execution of the Pune facility and working capital management as it scales.

Led · Series A · Jul 2026

Founded in 2018, Ekkaa Electronics is an ODM in the consumer electronics space that provides end-to-end solutions from product design and component sourcing to manufacturing, testing and distribution. The company serves over 150 customers across India and operates three manufacturing facilities in Sonipat, Noida and Gannaur with approximately six lakh square feet of manufacturing space. Its product portfolio includes LED televisions, washing machines, induction cooktops, speakers, commercial displays and air coolers, supported by in-house design, engineering and backward-integration capabilities. Ekkaa has positioned itself as a preferred manufacturing partner for regional and national consumer electronics brands. Recent fundraises—₹108 crore in September 2025 and a follow-on ₹100 crore—are intended to fund capacity expansion, deeper backward integration and enhanced R&D as it expands across existing and new product categories.

Participated · Equity · Apr 2026

Dholakia Lab Grown Diamond operates a fully vertical supply chain from growing diamonds in Surat to selling jewellery in more than 25 countries. The company integrates proprietary technologies including robotic manufacturing, AI-assisted design, and an inventory-light configurator. It runs production powered by 100% renewable energy and uses recycled metals, and it is pursuing deep R&D in precision single-crystal diamonds for defence, semiconductor and other deep-tech applications. The business is part of the Hari Krishna Group and references a 33-year family legacy. Management plans to expand production capacity and scale a pan-India retail network following the recent capital raise. The company has operations or teams in Surat, Mumbai and New Jersey.

Participated · Equity · Sep 2025

Jaro Institute of Technology Management and Research Ltd. (Jaro Education) provides online higher-education courses through collaborations with seven IITs, seven IIMs, and more than 22 universities such as Symbiosis, Amity, Manipal, Loyola College, Welingkar Institute of Management, and IISc. Its catalog focuses on management, technology, and executive education, positioning the company as a trusted enabler for working professionals seeking upskilling. For FY25 the company reported net revenue of ₹254.02 crore and a profit after tax of ₹51.67 crore, and it declared a 10 % dividend on shares with a ₹10 face value. To accelerate growth, Jaro plans to channel fresh capital into marketing, brand building, debt repayment, and general corporate purposes. The firm is preparing an IPO slated for 23–25 September 2025, targeting ₹450 crore (₹170 crore fresh issue and ₹280 crore offer for sale). IPO proceeds are earmarked for ₹81 crore in advertising and ₹48 crore toward debt reduction, with listing planned on NSE and BSE. The issue is being managed by Nuvama Wealth Management, Motilal Oswal Investment Advisors, and Systematix Corporate Services.

Participated · Equity · Aug 2025

Mangal Electrical Industries is engaged in manufacturing transformers used for distribution and transmission of electricity and produces related components such as laminations, CRGO slit coils, amorphous cores, coil and core assemblies, wound cores, toroidal cores, and oil-immersed circuit breakers. Incorporated in 2008, the company is preparing for an IPO to raise capital for growth and balance-sheet objectives. It has secured an anchor allocation of ₹120 crore ahead of the offering and is marketing a fresh-issue IPO with a price band of ₹533–₹561 per share. The company plans to use net proceeds for repayment/prepayment of certain outstanding borrowings, capital expenditure including civil works to expand its Unit IV facility at Reengus in Sikar District, Rajasthan, working capital requirements, and general corporate purposes. The IPO opens for subscription on August 20, 2025, with allotment expected August 25 and a tentative listing on BSE and NSE on August 28, 2025. Systematix Corporate Services Limited is the sole book-running lead manager and Bigshare Services Private Limited is the registrar to the issue.