Ankur Group

What Ankur Group does

Ankur Group is a privately held Indian sheet metal components manufacturer and light weight fabrication service provider, founded in 1998 and headquartered at F-15, MIDC, Ahmednagar, Maharashtra. The company produces a portfolio of sheet metal products including electrical distribution panels, deep drawn components, press components, metal stamped components, and complete electrical and mechanical assemblies, and works with steel, aluminum, copper, and brass materials. It serves industrial customers across six verticals — automotive and electrical (both identified as primary), construction, aerospace, agriculture, and pharmaceutical — supplying B2B contract-manufacturing volumes via direct enterprise sales.

Ankur Group operates integrated manufacturing infrastructure at its Ahmednagar facility, including CNC laser cutting equipment, hydraulic deep draw presses up to 150 tons, mechanical presses in the 10–150 ton range, press brakes, rolling machines (up to 6mm thickness, 1500mm width), 20 CO2 welding sets at 300AMP, and a 25-station electrical and mechanical assembly line with electrical test bench capability. Powder coating is delivered through a wholly-owned subsidiary, Gayatri Industries, which operates a batch-type plant with 45,000 sq ft/month capacity in a single shift. The company is ISO 9001:2015 and ISO 45001:2018 certified, and has received multiple supplier recognition awards including an Adarsh Udyojak industry award (2014), LT Awards (2019), a Supplier Award (2024), and a CG Certificate. Founder and Managing Director Milind Dinkar Kulkarni brings 28+ years of sheet metal fabrication experience.

The business model is project-based B2B contract manufacturing sold directly to enterprise industrial customers through the company's website (ankurengineering.com), phone (+91-241-2978741), and email ([email protected]), with no channel partners, resellers, or marketplace presence. Revenue is generated from three streams: custom sheet metal component manufacturing, fabrication services (laser cutting, bending, stamping, welding, powder coating, rolling), and electrical/mechanical assembly services. Pricing is quote-based and not publicly disclosed. Marketing is minimal — limited to a website, social media profiles on Facebook, X, Pinterest, and Instagram, and direct outreach — with no active content or digital advertising strategy. The firm is privately held with no disclosed institutional investors, funding rounds, or parent company.

Name

Ankur Group

Legal name

Ankur Group

Website

https://ankurengineering.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

Ankur Group is a privately held Indian sheet metal components manufacturer founded in 1998 in Ahmednagar. It produces distribution panels, deep drawn components, stamped parts, and assemblies for automotive, electrical, aerospace, construction, agriculture, and pharmaceutical industrial customers.

Ownership category

akta.pro rank

Product category

Sheet Metal Fabrication and Manufacturing

NAICS

Forging and Stamping (3321), All Other Fabricated Metal Product Manufacturing (33299)

SIC

Sheet Metal Work (3444), Metal Forgings & Stampings (3460), Miscellaneous Fabricated Metal Products (3490)

akta.pro primary industry

Metal Forming & Fabrication Machines (Presses, Bending, Shearing, Stamping) (IMAHADAC)

Keywords

• Sheet metal fabrication
• Metal stamping components
• Deep drawn components
• Laser cutting services
• Electrical distribution panels

Headquarters

HQ city

Surat

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Infrastructure, Personnel, Operations, Technology or R&D

Revenue model

1. Sheet Metal Component Manufacturing: Custom sheet metal component manufacturing including press components, deep drawn components, metal stamped components. Revenue generated through one-time project-based manufacturing orders for industrial customers.
2. Fabrication Services: Comprehensive fabrication services including laser cutting, metal bending, welding, powder coating, rolling machine services. Billed per service/project based on specifications and volume.
3. Electrical & Mechanical Assembly Services: End-to-end assembly services for electrical distribution panels and sub-assemblies. Revenue from assembly project contracts.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Ankur Group manufactures custom sheet metal components including electrical distribution panels, deep drawn components, press components, and metal stamped parts, and provides fabrication services such as CNC laser cutting, metal bending, stamping, CO2 welding, electrical and mechanical assembly, rolling, and powder coating (via its Gayatri Industries subsidiary). The company serves industrial customers across automotive, construction, aerospace, electrical, agriculture, and pharmaceutical sectors from a single integrated facility in Ahmednagar, Maharashtra, India.

Product overview

Ankur Group is a sheet metal components manufacturer and light weight fabrication service provider founded in 1998. The company offers a portfolio of manufactured products including Electrical Distribution Panels, Deep Drawn Components, Electrical Assembly, Press Components, and Metal Stamped Components. These products are produced through complementary manufacturing services: Laser Cutting (CNC technology), Metal Bending, Metal Stamping, Electrical & Mechanical Assembly, Welding (CO2 welding), Powder Coating via Gayatri Industries, and Rolling Machine services. The company operates state-of-the-art infrastructure including hydraulic deep draw presses (up to 150 tons), mechanical presses (10-150 tons), NC shearing, press breaks, and a powder coating plant with 45,000 sq. ft. monthly capacity. They serve automotive, construction, aerospace, and other industries, working with materials including steel, aluminum, copper, and brass.

Differentiator

Problem solved

Functional benefit

Brands

• Gayatri Industries: Specialized powder coating plant operated under Ankur Group, providing high-quality, durable finishes for metal products with advanced technology and eco-friendly processes.

Products and services

• Electrical Distribution Panels Sheet metal electrical distribution panels designed for power management and distribution in industrial and commercial applications.
• Deep Drawn Components Precision deep drawn components manufactured through hydraulic deep draw processes, used in applications such as fan covers and enclosures.
• Press Components Precision sheet metal components produced through mechanical and hydraulic press operations, including alternator stator enclosures and stamped parts.
• Metal Stamped Components Sheet metal stamped components manufactured using top-of-the-line metal stamping services for various industrial applications.
• Laser Cutting Service State-of-the-art CNC laser cutting technology for precisely cutting intricate designs and complex shapes from various sheet metal materials with absolute accuracy.
• Metal Bending Service Metal bending and folding services using industry-leading equipment for simple bends to intricate configurations with utmost accuracy.
• Metal Stamping Service Sheet metal stamping services catering to a wide range of industries and applications using mechanical and hydraulic presses.
• Electrical and Mechanical Assembly Service Skilled electrical and mechanical assembly services with electrical testing capabilities for intricate circuitry and cutting-edge components, supported by a 25-station assembly line with pneumatic screwdrivers and test bench.
• Welding Service Metal welding services using CO2 welding equipment with 300AMP capacity and finishing capabilities for precision and reliability, with 20 welding sets available.
• Powder Coating Service (Gayatri Industries) Advanced powder coating technology providing durable, eco-friendly finishes with consistent coating thickness, vibrant colors, and superior adhesion. Capacity of 45,000 sq. ft. per month in one shift. Operated under wholly-owned subsidiary Gayatri Industries.
• Rolling Machine Service Rolling machine service for shaping sheet metal with capacity for materials up to 6mm thickness and 1500mm width.

Quantifiable outcome

• Reduces overall project timeline and costs through streamlined manufacturing process
• +2 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Sundaram Fasteners: Indian manufacturer of high-tensile fasteners and precision components for automotive and industrial applications, with deep forming, heat treatment, and finishing capabilities. Directly analogous to Ankur's sheet metal forming and finishing operations.
• Sansera Engineering: Indian auto and non-auto precision components manufacturer combining forging, machining, and sheet metal sub-assemblies for global OEMs. Directly comparable to Ankur in its mix of stamped/fabricated components, multi-sector customer base, and tier-1 supplier positioning within India's manufacturing cluster.
• Suprajit Engineering: India-based manufacturer of automotive cables, lamps, and precision components including sheet metal sub-assemblies. Comparable to Ankur as an Indian mid-market component maker serving diverse industrial customers with vertically integrated processes.
• C&S Electric: Indian manufacturer of electrical switchgear, distribution panels, and busbar trunking. Direct peer to Ankur's electrical distribution panel sub-assembly business and comparable given shared Indian industrial customer base in the power equipment sector.
• Hi-Tech Gears: Indian manufacturer of precision gears, transmission, and metal formed components for automotive and industrial markets. Relevant peer given its mix of formed metal components and tier-1 supplier model to global auto and industrial OEMs from India.
• Varroc Engineering: Indian tier-1 auto component manufacturer producing sheet metal, polymer, and electrical parts including lighting and electronics assemblies. Overlaps with Ankur in sheet metal forming, electrical sub-assemblies, and diversified India-manufacturing supply to global OEMs.
• Endurance Technologies: Indian auto component manufacturer producing aluminium die-castings, sheet metal components, and suspensions for two-wheelers and four-wheelers. Closely comparable to Ankur in its sheet metal / stamping focus serving automotive OEMs and in its tier-1 component supply model from India.

Broad incumbents

• Bharat Forge: One of the world's largest forging and metal forming companies and an Indian industrial incumbent supplying automotive, aerospace, and industrial customers globally. Same metal-forming and component-supply space as Ankur but at vastly larger scale, providing a relevant competitive benchmark.
• Uno Minda (Minda Industries): Large Indian auto component conglomerate producing electrical, electronics, and sheet metal components across lighting, switches, and acoustics. Overlaps with Ankur's automotive electrical sub-assembly and sheet metal work but at much broader portfolio and scale.
• Tata AutoComp Systems: Indian auto component conglomerate with extensive sheet metal, stamping, and electrical assembly operations. Comparable to Ankur in core processes and end-market focus while operating at significantly larger scale as a broad incumbent.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xtwitter.com/premium_theme
• Facebookfacebook.com/WordPress.Premium.Theme
• Instagraminstagram.com/dream_theme_photo
• LinkedInlinkedin.com/company/ankur-engineering-works---india

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ankur Group