Author: Nishtha Mehrotra | EQMint
Synopsis
- Prime Industries’ subsidiary Linga Agri completed the first tranche of its fundraise at a ₹330 crore pre-money valuation.
- Revenue increased to ₹84.47 crore in FY2025–26 from ₹19.27 crore in the previous financial year.
- Profit after tax rose to ₹15.04 crore from ₹3.17 crore.
The Prime Industries Linga Agri fundraise has reached its first milestone, with the subsidiary completing the initial tranche at a pre-money valuation of ₹330 crore, according to Prime Industries’ announcement dated 18 October 2026.
Linga Agri Trading and Machinery Private Limited is majority-owned by Prime Industries and operates in agricultural and industrial manufacturing, producing specialised machinery for food processing, waste management, fabrication and precision engineering.
The subsidiary reported revenue of ₹84.47 crore in FY2025–26, compared with ₹19.27 crore in FY2024–25. Its profit after tax increased to ₹15.04 crore from ₹3.17 crore over the same period.
The company said the fundraise will support manufacturing capabilities and expansion across agricultural and industrial engineering applications. Prime Industries also provides research and development, operational and strategic support to the subsidiary.
The amount raised in the first tranche and the identities of the investors were not disclosed in the available announcement. The ₹330 crore figure represents Linga Agri’s pre-money valuation, not the amount of funds raised.
Disclaimer: This article is for information purposes only and is not investment advice.
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