Industrials

Axis Capital has emerged as the banker of choice for automotive and industrials transactions in India. The desk’s rich expertise and decades-long relationship with marquee industry leaders has roots in the strong foundation laid by ENAM. The team has deep experience in executing successful transactions across the entire industrials ecosystem. Through our wealth of experience, industry wide knowledge and strong relationships with investors, we are able to service companies in these segments with a wide arsenal of investment banking solutions.

Segments

  • Traditional Auto OEMs and Auto Components
  • Capital Goods and Engineering
  • Electric Vehicles
  • Battery Pack Makers and battery-tech solutions
  • Defence
  • Engineering & Manufacturing
  • Chemicals
  • Logistics

Transactions

  • Transaction Image
    Atlanta electricals
    6,873 Mn

    IPO Sep 2025

  • Transaction Image
    Asahi india glass
    10,000 Mn

    QIP Sep 2025

  • Transaction Image
    Tega industries
    20,000 Mn

    Fund Raise Sep 2025

  • Transaction Image
    Oswal pumps limited
    13,873 Mn

    IPO Jun 2025

  • Transaction Image
    Eka mobility
    2,000 Mn

    Fund Raise May 2025

  • Transaction Image
    Aether industrials
    29,811 Mn

    IPO Apr 2025

  • Transaction Image
    Transrail lighting
    8,389 Mn

    IPO Dec 2024

  • Transaction Image
    Carraro india
    12,500 Mn

    IPO Dec 2024

  • Transaction Image
    Cochin shipyard ltd.
    20,109 Mn

    OFS(SE) Oct 2024

  • Transaction Image
    Samvardhana motherson
    international ltd.
    64,376 Mn

    QIP Sep 2024

  • Transaction Image
    Interarch building
    products ltd.
    6,003 Mn

    IPO Aug 2024

  • Transaction Image
    Ola electric mobility
    ltd.
    61,456 Mn

    IPO Aug 2024

  • Transaction Image
    Cyient dlm
    8,790 Mn

    Block Aug 2024

  • Transaction Image
    Craftsman automation
    12,000 Mn

    QIP Jun 2024

  • Transaction Image
    Thermax
    7,650 Mn

    Block Jun 2024

  • Transaction Image
    Sudarshan chemicals
    910 Mn

    Block Jun 2024

  • Transaction Image
    Cartrade tech
    2,000 Mn

    Block Jun 2024

  • Transaction Image
    Archean chemicals
    8,190 Mn

    Block Jun 2024

  • Transaction Image
    Siemens limited
    Undisclosed

    Advisory May 2024

  • Transaction Image
    Piramal group
    Undisclosed

    Restructuring May 2024

  • Transaction Image
    Rane group
    Undisclosed

    Restructuring Feb 2024

  • Transaction Image
    Grasim industries ltd.
    39,998 Mn

    Rights Issue Jan 2024

  • Transaction Image
    Epack durable ltd.
    6,401 Mn

    IPO Jan 2024

  • Transaction Image
    Azad engineering ltd.
    7,400 Mn

    IPO Dec 2023

  • Transaction Image
    Happy forgings ltd.
    10,086 Mn

    IPO Dec 2023

  • Transaction Image
    Kaynes technology india
    ltd.
    14,000 Mn

    QIP Dec 2023

  • Transaction Image
    Inox india ltd.
    14,593 Mn

    IPO Dec 2023

  • Transaction Image
    Archean chemicals
    2,520 Mn

    Block Dec 2023

  • Transaction Image
    Jupiter wagons ltd.
    4,034 Mn

    QIP Nov 2023

  • Transaction Image
    Ask automotive ltd.
    8,339 Mn

    IPO Nov 2023

  • Transaction Image
    Timken india
    5,740 Mn

    Block Nov 2023

  • Transaction Image
    Maruti suzuki
    Undisclosed

    ECM Advisory Nov 2023

  • Transaction Image
    Minda corp
    3,330 Mn

    Block Aug 2023

  • Transaction Image
    Tvs supply chain
    solutions ltd.
    8,800 Mn

    IPO Aug 2023

  • Transaction Image
    Gmm pfaudler
    8,240 Mn

    Block Aug 2023

  • Transaction Image
    Idfc limited
    Undisclosed

    Fairness Opinion Jul 2023

  • Transaction Image
    Tata motors limited
    Undisclosed

    Fairness Opinion Jul 2023

  • Transaction Image
    Cyient dlm ltd.
    5,920 Mn

    IPO + Pre-IPO Jun 2023

  • Transaction Image
    Tega industries
    2,470 Mn

    Block Jun 2023

  • Transaction Image
    Aditya birla fashion and
    retail limited (abfrl)
    21,824 Mn

    M&A May 2023

  • Transaction Image
    Elin electronics ltd.
    4,750 Mn

    IPO Dec 2022

  • Transaction Image
    Indian railway catering &
    tourism corp.ltd.
    27,200 Mn

    OFS(SE) Dec 2022

  • Transaction Image
    Landmark cars ltd.
    5,520 Mn

    IPO Dec 2022

  • Transaction Image
    Gmm pfaudler ltd.
    13,090 Mn

    Block Dec 2022

  • Transaction Image
    Uniparts india ltd.
    8,356 Mn

    IPO Nov 2022

  • Transaction Image
    Dcx systems ltd.
    5,000 Mn

    IPO Oct 2022

  • Transaction Image
    Ami organics ltd.
    2,700 Mn

    Block Sep 2022

  • Transaction Image
    Harsha engineers
    international ltd.
    7,550 Mn

    IPO Sep 2022

  • Transaction Image
    Anupam rasayan india ltd.
    5,000 Mn

    QIP Sep 2022

  • Transaction Image
    Pi industries ltd.
    3,150 Mn

    Block Sep 2022

  • Transaction Image
    Gmm pfaudler
    3,440 Mn

    Transaction Advisory & Fairness Opinion Aug 2022

  • Transaction Image
    Paradeep phosphates ltd.
    15,017 Mn

    IPO May 2022

  • Transaction Image
    Neogen chemicals ltd
    2,250 Mn

    Preferential Issue Jan 2022

  • Transaction Image
    Tega industries ltd
    6,190 Mn

    IPO Dec 2021

  • Transaction Image
    S.j.s. enterprises ltd
    8,000 Mn

    IPO Nov 2021

  • Transaction Image
    Ami organics ltd
    6,700 Mn

    IPO Sep 2021

  • Transaction Image
    Nuvoco vistas corp ltd
    50,000 Mn

    IPO Aug 2021

  • Transaction Image
    Cartrade tech ltd
    29,990 Mn

    IPO Aug 2021

  • Transaction Image
    Chemplast sanmar ltd
    38,500 Mn

    IPO Aug 2021

  • Transaction Image
    Clean science &
    technology ltd
    15,470 Mn

    IPO Jul 2021

  • Transaction Image
    Shyam metalics & energy
    ltd
    9,090 Mn

    IPO Jun 2021

  • Transaction Image
    India pesticides ltd
    8,000 Mn

    IPO Jun 2021

  • Transaction Image
    Cartrade
    3,200 Mn

    Fund Raise Apr 2021

  • Transaction Image
    Rossari biotech ltd
    3,000 Mn

    Preferential Issue Apr 2021

  • Transaction Image
    Laxmi organic industries
    6,000 Mn

    IPO Mar 2021

  • Transaction Image
    Piramal group
    80,000 Mn

    Fund Raise Dec 2020

  • Transaction Image
    Piramal glass limited
    75,000 Mn

    PE Buy out Dec 2020

  • Transaction Image
    Polycab india
    13,453 Mn

    IPO Apr 2019


Axis Capital’s industrial practice is led by

  • Image
    Ashish Nigam Managing Director

    Ashish heads the industry coverage for Automotive, Industrials and Education. He also manages several key conglomerate relationships for Axis Capital. Ashish has close to two decades of experience in capital markets, predominantly as an equity research analyst, which gives him a unique lens for inve...

  • Image
    Anuj Mittal Managing Director

    Anuj leads the coverage of Industrials, EMS, Chemicals, Cement and Logistics for Axis Capital. He has 19 years of experience in investment banking in M&A advisory, capital markets and private equity financing. Anuj has previously worked with organizations like JM Financial, Edelweiss Capital and JP ...

;
How can we help you?

Reach out to discover how India’s leading investment bank can help you reach your financial and strategic goals.

Connect with us
;
© All rights reserved by Axis Capital 2025.