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
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- 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.
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.
People of Maini Precision Products
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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.
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.
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Private equity secondary market investments are managed diversely.
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Investor details for Maini Precision Products
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Investments & Acquisitions by Maini Precision Products
Investment portfolio details for Maini Precision Products
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Financial Statements - Maini Precision Products
Detailed financials for Maini Precision Products
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Maini Precision Products Comparisons
Peer comparison for Maini Precision Products
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Automotive aluminium components are manufactured and supplied to OEMs worldwide.
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Technology-enabled automotive tools, forging, and machining materials are manufactured.
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Flat-rolled aluminum products are manufactured and supplied to OEMs.
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High precision tubes are manufactured for automobiles and bicycles.
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Ramkrishna Forgings is engaged in metal forming and manufacturing.
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Detailed competitors of Maini Precision Products
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Latest news on Maini Precision Products
Complete news archive for Maini Precision Products
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Frequently Asked Questions about Maini Precision Products
Maini Precision Products was founded in 1973 and raised its 1st funding round 32 years after it was founded.
Maini Precision Products is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Maini Precision Products is a funded company, having raised a total of $20.77M across 4 funding rounds to date.
As of Sep 04, 2025, the latest employee count at Maini Precision Products is 2,471.
Annual revenue of Maini Precision Products is $109.21M as on Mar 31, 2024.
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.
Maini Precision Products's top competitors include Bharat Forge, Ramkrishna Forgings and Sertec.
Maini Precision Products offers Precision Machined Castings, Die Castings, Machined Forgings, and Assemblies for Electronics.
Maini Precision Products has 6 investors. Key investors include PineBridge Investments, Raymond, Newquest, Paragon Partners, and New Quest Asia.
The valuation of Maini Precision Products is $98.79M as of Jul 2019.