Gabriel India Limited, a leading manufacturer of automotive components, has announced an investment of ₹26.82 crore to acquire a 51% equity stake in Jinhap Automotive India Private Limited (JAIPL). The move establishes a new joint venture with South Korean firm Jinhap Co, Ltd, aimed at manufacturing fasteners for automotive and industrial use.
The decision was approved at the company’s board meeting held on July 9, 2025. Following the investment, JAIPL will become a subsidiary of Gabriel India, while Jinos will retain a 49% shareholding. The share subscription agreement will come into effect on July 10, 2025, as per regulatory disclosures filed with the BSE and NSE.
This strategic partnership marks Gabriel India’s entry into the fasteners market—an extension of its product portfolio that aligns with its long-term growth strategy. JAIPL will focus on the full spectrum of fastener operations, including design, engineering, manufacturing, import/export, assembly, sales, and distribution.
As part of the agreement, JAIPL will enter into a technology licensing arrangement with Jinhap Co., Ltd., a Jinos affiliate known for its expertise in specialized fasteners. This will enable JAIPL to access proprietary technologies and manufacturing processes developed in South Korea.
Under the terms of the joint venture, both Gabriel India and Jinhap will have equal representation on JAIPL’s board. Gabriel India will appoint the chairperson, who will hold casting vote authority, except in matters requiring joint approval. Jinos will nominate the chief executive officer. Voting rights will align with the respective shareholding percentages of each partner.
The agreement also includes standard provisions for corporate governance, such as mechanisms to resolve deadlocks, default clauses, and a defined list of reserved matters that require consent from both shareholders. JAIPL was incorporated on February 23, 2011, and has an authorized share capital of ₹8.06 crore, comprising 80.6 lakh equity shares of ₹10 each. The company has not recorded any revenue in the last three financial years (2022–23, 2023–24, and 2024–25). Its financial statements for FY 2024–25 are currently under audit.
As of March 31, 2025, JAIPL had a reported net worth of ₹8 crore and total assets amounting to ₹8.04 crore. The acquisition is expected to be completed by October 31, 2025, or on a later date subject to mutual agreement among the involved parties.
Gabriel India, a key company within the $2.2 billion ANAND Group, manufactures ride control products for a wide range of vehicles including two-wheelers, passenger cars, commercial vehicles, and railway systems. The company continues to grow its presence in the electric mobility sector.
The Anand Group is one of India’s leading automotive components manufacturers, renowned for its extensive portfolio of high-quality products and strategic partnerships with global technology leaders. With a legacy spanning over six decades, the group comprises more than 20 companies and operates across diverse verticals including ride control, sealing solutions, filtration, thermal management, and safety systems.
Headquartered in Gurugram, the Anand Group serves major Indian and international automotive OEMs, contributing to both conventional and emerging mobility technologies. Its commitment to innovation, sustainability, and customer satisfaction has positioned it as a trusted name in the automotive supply chain, both in India and globally.
