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KKR to lend Rs 125 crore to Bharat gears: Report

08 May 2017 Evaluate

Global alternative investment management firm KKR & Co is reportedly in talks to lend about Rs 100-125 crore to Bharat Gears, India’s largest automotive gear manufacturer. If concluded, this will be KKR’s first deal in the domestic term loan market.

Bharat Gears (BGL) is a gear manufacturing company. The company manufactures a wide range of gears for HCV, MCV, LCV, utility and off-highway vehicles. The products includes bevel, straight bevel and transmission gears.

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Company Name CMP
SamvardhanaMotherson 165.60
Tube Investments 2519.15
Bosch 48100.00
UNO Minda 1218.00
Bombay Burmah Trdg. 1435.30
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