About Maini Precision Products
Maini Precision Products is a company based in Bengaluru (India) founded in 1973 was acquired by Raymond in November 2023.. Maini Precision Products has raised $20.77 million across 4 funding rounds from investors including PineBridge Investments, Raymond and Newquest. The company has 2,471 employees as of September 04, 2025. Maini Precision Products offers products and services including Precision Machined Castings, Die Castings, Machined Forgings, and Assemblies for Electronics. Maini Precision Products operates in a competitive market with competitors including Nemak, Bharat Forge, Novelis, Tube Investments of India and Ramkrishna Forgings, among others.
- Headquarter Bengaluru, India
- Employees 2471 as on 04 Sep, 2025
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Maini Precision Products Limited
- Date of Incorporation 03 Mar, 1973
- Jurisdiction Thane, Maharashtra, India
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Annual Revenue
$109.21 M (USD)11.11as on Mar 31, 2024
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Net Profit
$7.06 M (USD)-44.11as on Mar 31, 2024
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EBITDA
$12.96 M (USD)19.48as on Mar 31, 2024
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Total Equity Funding
$20.77 M (USD)
in 4 rounds
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Latest Funding Round
$3.65 M (USD), Unspecified
Jul 11, 2019
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Investors
PineBridge Investments
& 5 more
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Employee Count
2471
as on Sep 04, 2025
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Acquired by
Raymond
(Nov 03, 2023)
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Products & Services of Maini Precision Products
Maini Precision Products offers a comprehensive portfolio of products and services, including Precision Machined Castings, Die Castings, Machined Forgings, and Assemblies for Electronics. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Machined castings for aerospace and defense applications.
Die castings used in automotive and industrial sectors.
Forgings for hydraulics and material handling systems.
Custom assemblies for marine and locomotive electronics.
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Funding Insights of Maini Precision Products
Maini Precision Products has successfully raised a total of $20.77M across 4 strategic funding rounds. The most recent funding activity was a Unspecified round of $3.65 million completed in July 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Unspecified — $3.7M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Unspecified - Maini Precision Products | Valuation |
investors |
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| Aug, 2016 | Amount | Unspecified - Maini Precision Products | Valuation | Paragon Partners | |
| May, 2007 | Amount | Unspecified - Maini Precision Products | Valuation | HKK investor |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Maini Precision Products
Maini Precision Products has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include PineBridge Investments, Raymond and Newquest. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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A leading Indian mid-market private equity firm is operated.
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Founded Year | Domain | Location | |
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Private equity secondary market investments are managed diversely.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Maini Precision Products
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Maini Precision Products
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Maini Precision Products Comparisons
Competitors of Maini Precision Products
Maini Precision Products operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Nemak, Bharat Forge, Novelis, Tube Investments of India and Ramkrishna Forgings, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Automotive aluminium components are manufactured and supplied to OEMs worldwide.
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| domain | founded_year | HQ Location |
Technology-enabled automotive tools, forging, and machining materials are manufactured.
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| domain | founded_year | HQ Location |
Flat-rolled aluminum products are manufactured and supplied to OEMs.
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| domain | founded_year | HQ Location |
High precision tubes are manufactured for automobiles and bicycles.
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| domain | founded_year | HQ Location |
Ramkrishna Forgings is engaged in metal forming and manufacturing.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Maini Precision Products
Frequently Asked Questions about Maini Precision Products
When was Maini Precision Products founded?
Maini Precision Products was founded in 1973 and raised its 1st funding round 32 years after it was founded.
Where is Maini Precision Products located?
Maini Precision Products is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Maini Precision Products a funded company?
Maini Precision Products is a funded company, having raised a total of $20.77M across 4 funding rounds to date. The company's 1st funding round was a Unspecified of $615.61K, raised on Jun 01, 2005.
How many employees does Maini Precision Products have?
As of Sep 04, 2025, the latest employee count at Maini Precision Products is 2,471.
What is the annual revenue of Maini Precision Products?
Annual revenue of Maini Precision Products is $109.21M as on Mar 31, 2024.
What does Maini Precision Products do?
Maini Precision Products was founded in 1973 and is based in Bengaluru, India. Precision components and assemblies are produced and supplied for automotive, industrial, and aerospace applications. Offerings include shafts, axles, engine parts, steering components, transmission elements, aerospace engines, structures, clean powertrains, and hydraulics. Operations focus on manufacturing high-precision items to meet sector-specific requirements.
Who are the top competitors of Maini Precision Products?
Maini Precision Products's top competitors include Bharat Forge, Ramkrishna Forgings and Sertec.
What products or services does Maini Precision Products offer?
Maini Precision Products offers Precision Machined Castings, Die Castings, Machined Forgings, and Assemblies for Electronics.
Who are Maini Precision Products's investors?
Maini Precision Products has 6 investors. Key investors include PineBridge Investments, Raymond, Newquest, Paragon Partners, and New Quest Asia.
What is Maini Precision Products's valuation?
The valuation of Maini Precision Products is $98.79M as of Jul 2019.
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