Maini Precision Products Limited (Founded: 1973) is a leading end-to-end solutions provider in the manufacturing industry, offering a wide range of precision products and assemblies. With a diverse portfolio, the company serves two main segments: aerospace and defense as well as automotive and industrial, including clean internal combustion engines, fuel injections, and transmissions, among others. This diversified offering positions the company strongly in the global market, catering to industries such as aerospace, defense, automotive clean powertrain, power tools, material handling, and more. The company operates 11 manufacturing facilities located in Bangalore, India, which are certified with international quality management, environmental management, and health and safety management systems, including IATF - 16949, AS 9100 Rev. D, NADCAP certificate for Non-destructive Testing, ISO 14001, and ISO 45001. This not only showcases their commitment to high-quality standards but also their capability to serve customers globally. In August 2016, Maini Precision Products Limited received a Private Equity Round investment of INR 1.11B from Paragon Partners, India, Limited Partners. This significant investment indicates the confidence of investors in the company's capabilities and growth potential. With its strong foundation, diverse product offering, and global reach, Maini Precision Products Limited is well-positioned for continued success in the manufacturing sector.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Private Equity Round | INR1.11B | 2 | Paragon Partners, India, Limited Partners | 29 Aug 2016 |
Venture Round | INR505.70M | - | 01 Nov 2011 |
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