Maini Precision Products Limited

Maini Precision Products Limited - metal & minerals in Thane, Maharashtra, India. FY 2026 financials and compliance.
CIN U27201MH1973PLC428717 Incorporated 03 March 1973 ROC Mumbai HQ Thane, Maharashtra, India
Merged Public Limited Company metal and minerals
Data last updated
Revenue · FY 2024
₹934.81 Cr
▲ 11.00% YoY
EBITDA · FY 2024
Locked
In full report
Net profit · FY 2024
Locked
In full report
Authorised capital
₹40.5 Cr
Registered with MCA
Paid-up capital
₹10.49 Cr
Issued & subscribed
Open charges
₹717.12 Cr
Satisfied ₹539.79 Cr
Company age
53 yrs
Est. 1973
Employees · EPFO
2,471
Latest available

About Maini Precision Products Limited

Data last updated: 30 November 2025

Maini Precision Products Limited was a public limited company based in Thane, Maharashtra, India, operated as a subsidiary of Ring Plus Aqua Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in metalworking, a part of the broader metals and mining sector. Incorporated on 03 March 1973.

Registered with ROC Mumbai under CIN U27201MH1973PLC428717.

Capital: an authorised share capital of ₹40.5 Cr and a paid-up capital of ₹10.49 Cr. Formerly known as Maini Precision Products Private Limited. It was led by directors including Sandeep Kumar Maini and Vijay Nautamlal Bhatt.

Last AGM: 16 September 2024. Financial statements filed for year ended 31 March 2024. Office: Thane, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹934.81 Cr, a growth of 11% compared to the previous year.

The company had a reported workforce of approximately 2,471 employees prior to being dissolved. It operated as a subsidiary of Ring Plus Aqua Limited.

The company was associated with 1 brand - Maini Precision Products. As per MCA filings, the company had open charges of ₹717.12 Cr and satisfied charges of ₹539.79 Cr on record.

The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is mainiprecisionproducts.com.

Company Details of Maini Precision Products Limited
CIN U27201MH1973PLC428717
Registration Number 428717
Incorporation Date 03 March 1973
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 16 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Ring Plus Aqua Limited
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    C/O. Raymond Limited Jekegram, Pokharan Road No. 1, Thane, Maharashtra, India – 400606
  • Industry
    Metal & Minerals, Metalworking
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Financials, compliance, directors, charges, ownership and filings for Maini Precision Products Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Maini Precision Products Limited

Maini Precision Products Limited has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U27201MH1973PLC428717, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U27201MH1973PLC428717 Current
U27201KA1973PLC002307 Previous
U27201KA1972PTC002307 Previous
U27201KA1973PTC002307 Previous

Associated Brands with Maini Precision Products Limited

Maini Precision Products Limited operates one associated brand: Maini Precision Products. These brands represent Maini Precision Products Limited's diversified market presence and brand portfolio.

Brand Description Website
Manufacturer & supplier of precision products and assemblies mainiprecisionproducts.com

Competitors & Alternatives of Maini Precision Products Limited

Brands and companies operating in the same space as Maini Precision Products Limited include Bharat Forge, Ramkrishna Forgings, Sertec and 6 more.

Competitor Description Location Founded
Bharat Forge Bharat Forge Technology-enabled automotive tools, forging, and machining materials are manufactured. Pune, India, India 1961
Ramkrishna Forgings Ramkrishna Forgings Ramkrishna Forgings is engaged in metal forming and manufacturing. Kolkata, India, India 1981
Sertec Sertec Precision stamped components are manufactured and supplied to automotive OEMs. Birmingham, United Kingdom, United Kingdom 1962
Nemak Nemak Automotive aluminium components are manufactured and supplied to OEMs worldwide. Villa De Garcia, Mexico, Mexico 1979
Dynamatic Technologies Dynamatic Technologies Products for automotive, aeronautic, hydraulic, and security sectors are manufactured. Bengaluru, India, India 1973
Tube Investments of India Tube Investments of India High precision tubes are manufactured for automobiles and bicycles. Chennai, India, India 1949
Novelis Novelis Flat-rolled aluminum products are manufactured and supplied to OEMs. Atlanta, United States, United States 2005
Martinrea Martinrea Automotive modules and assemblies parts are manufactured for vehicles. Vaughan, Canada, Canada 2001
Hirschvogel Automotive Group Hirschvogel Automotive Group Provide automotive manufacturers and suppliers worldwide. Denklingen, Germany, Germany 1988

Business Activity of Maini Precision Products Limited

Maini Precision Products Limited is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C7 Metal and metal products Locked
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Business activity turnover details for Maini Precision Products Limited

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Auditor Details of Maini Precision Products Limited

Maini Precision Products Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
Price Waterhouse Chartered Accountants LLP Locked Locked Locked
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Complete auditor history for Maini Precision Products Limited

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Board of Directors of Maini Precision Products Limited

Maini Precision Products Limited is currently managed by 10 directors, with 28 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Sandeep Kumar Maini Director 19 Sep 2007 18 Years 11 Months As last reported
Vijay Nautamlal Bhatt Director 01 Apr 2024 2 Years 4 Months As last reported
Narasimha Murthy Kummamuri Director 29 Jul 2024 2 Years 0 Months As last reported
Murugan Thirumal Rangan Whole-Time Director 01 Apr 2024 2 Years 4 Months As last reported
Gautam Sen Additional Director 27 Jan 2025 1 Years 6 Months As last reported
Jatin Khanna Director 01 Apr 2024 2 Years 4 Months As last reported
Showing 6 of 10 current directors. View all directors

Financials of Maini Precision Products Limited FY 2024 filings available

Maini Precision Products Limited reported revenue of ₹934.81 Cr (up 11.00% YoY) for FY 2024.

Revenue · FY 2024
₹934.81 Cr ▲ 11.00%
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Ten-year financial statements for Maini Precision Products Limited

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Ownership and Shareholding of Maini Precision Products Limited

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Shareholding and ownership data for Maini Precision Products Limited

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Charges & Borrowings of Maini Precision Products Limited

Open charges
₹717.12 Cr
Satisfied charges
₹539.79 Cr
Breakdown by lending institutions
Ing Vysya Bank Limited₹167.40 Cr
Others₹108.25 Cr
Canara Bank₹104.51 Cr
Icici Bank Limited₹76.63 Cr
The Hongkong and Shanghai Banking Corporation Limited₹64.00 Cr
Others₹19.00 Cr
Latest charge details
DateLenderAmountStatus
13 Apr 2023 Others ₹10 Cr Satisfied
27 Mar 2021 Others ₹18.25 Cr Satisfied
25 Jun 2018 Others ₹40 Cr Satisfied
23 Oct 2017 Others ₹20 Cr Satisfied
23 Oct 2017 Others ₹5 Cr Satisfied

Total charge records: 27 View all charges

Employees and EPFO Compliance at Maini Precision Products Limited

Maini Precision Products Limited has a workforce of 2,471 employees as of Sep 04, 2025.

Employee count
2,471
Active EPFO establishments
2
Employee growth
7.34%
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Employee and EPFO history for Maini Precision Products Limited

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GST Compliance of Maini Precision Products Limited

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GST registrations and filing compliance for Maini Precision Products Limited

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Credit Ratings, Litigation & Regulatory Alerts for Maini Precision Products Limited

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Credit ratings, litigation, and regulatory alerts for Maini Precision Products Limited

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MSME Payment Delays by Maini Precision Products Limited

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MSME payment history for Maini Precision Products Limited

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Subsidiaries & Group Companies of Maini Precision Products Limited

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Corporate group structure for Maini Precision Products Limited

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MCA Filings & Documents of Maini Precision Products Limited

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MCA filings and documents for Maini Precision Products Limited

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Recent Activity on Maini Precision Products Limited

Directors
27 Jan 2025
Gautam Sen was appointed as a Additional Director on 27 Jan 2025 & has been associated with this company since 1 year 6 months.
Charges
11 Dec 2024
A charge registered on 13 Apr 2023 via Charge ID 100713847 with Others was fully satisfied on 11 Dec 2024.
Charges
10 Oct 2024
A charge registered on 27 Mar 2021 via Charge ID 100437467 with Others was fully satisfied on 10 Oct 2024.
Charges
10 Oct 2024
A charge registered on 25 Jun 2018 via Charge ID 100190355 with Others was fully satisfied on 10 Oct 2024.
Activity
16 Sep 2024
Maini Precision Products Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.
Directors
29 Jul 2024
Narasimha Murthy Kummamuri was appointed as a Director on 29 Jul 2024 & has been associated with this company since 2 years 22 days.

Frequently Asked Questions about Maini Precision Products Limited

Maini Precision Products Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Maini Precision Products Limited is a amalgamated public limited company in the metal and minerals sector based in Thane, Maharashtra, India. It was incorporated on 03 March 1973 and is registered under CIN U27201MH1973PLC428717. The company was amalgamated as per MCA records and no longer exists as a legal entity.

Maini Precision Products Limited was incorporated on 03 March 1973. Registered with ROC Mumbai.

The current directors of Maini Precision Products Limited are:

The CIN (Corporate Identification Number) of Maini Precision Products Limited is U27201MH1973PLC428717. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The primary industry of Maini Precision Products Limited is metal and minerals. The company specifically operates in metalworking.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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