Source: The Economic Times

Maini Precision Products: Maini Precision looks to raise Rs 900 cr via IPO

Maini Precision Products has filed its draft red herring prospectus (DRHP) with capital market regulator Sebi for an initial public offer of up to ₹900 crore. The company's issue will consist of a fresh issue of shares worth ₹150 crore, and an offer for sale (OFS) of up to 2.55 crore shares, according to the DRHP.

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Est. Annual Revenue

$25-100M

Est. Employees

1.0-5.0K

Managing Director

Gautam Maini

CEO Approval Rating

90/100

Maini is an India-based company that designs and manufactures products such as sliding headstocks and multi-spindle automats for industries including aerospace and automotive.