January 18, 2017 10:14 AM ET

Electrical Equipment

Company Overview of Agile Electric Sub Assembly Private Limited

Company Overview

Agile Electric Sub Assembly Private Limited manufactures and markets DC motors and brush cards in India. Agile Electric Sub Assembly Private Limited was formerly known as Igarashi Brush Cards Private Limited. The company was founded in 2005 and is based in Chennai, India. As of July 30, 2015, Agile Electric Sub Assembly Private Limited operates as a subsidiary of Igarashi Electric Works, Ltd.

Plot No. A 33 & A 36

Phase I



Chennai,  600045


Founded in 2005


91 44 2262 8191


91 44 4226 28143

Key Executives for Agile Electric Sub Assembly Private Limited

Agile Electric Sub Assembly Private Limited does not have any Key Executives recorded.

Agile Electric Sub Assembly Private Limited Key Developments

Mape Advisory Group Reported Sale of Agile Electric To Private Equity Funds

Mape Advisory Group Pvt. Ltd. is seeking to sell stake in Agile Electric Sub Assembly Pvt. Ltd. to private equity funds including Tata Capital Growth Fund. “Mape Advisory Group Pvt. Ltd has initiated negotiations with private equity (PE) funds including Tata Capital Growth Fund to sell its stake in Agile Electric Sub Assembly Pvt. Ltd for nearly $40 million,” according to three people familiar with the development. "They (Mape) have initiated negotiations with PE funds and the discussions are progressing well. They are looking to sell the entire stake that they picked up as part of the deal. Mostly the deal would be closed in next two-three months' time," said the first person cited above. "The investment bank had entered the deal because the Japanese partner wanted to buy back the company and they wanted to close the deal soon," the second person added. An email sent to Mape Advisory went unanswered. Tata Capital Growth Fund in an emailed response said they will not be able to comment on the story as the spokesperson is unavailable.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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