SPR Auto Technologies Limited
Premji Invest bought 2,57,018 shares of Shriram Pistons & Rings for ₹115.40 Cr through a block deal at ₹4490.00 apiece.
A manufacturer of pistons, piston pins, piston rings, and engine valves, Shriram Pistons supplies critical engine components to leading automotive companies across India and international markets. The company specializes in precision-engineered components for passenger vehicles, commercial vehicles, and two-wheelers. Its vertical integration in manufacturing and focus on quality control distinguish it as a reliable supplier in the auto components sector.
Family office of Wipro founder Azim Premji, founded in 2006. Manages around USD 15 bn (~Rs 1,25,000 cr) across listed equities, growth PE, venture and buyouts, with 119+ portfolio companies. Backed Akasa Air, FirstCry, Lenskart and others. The original Indian billionaire family office, deploying ~USD 10 bn of Premji's personal capital across long-term plays in financial services, tech, consumer, industrials and healthcare.
