{"id":126180,"date":"2021-12-21T11:54:40","date_gmt":"2021-12-21T16:54:40","guid":{"rendered":"https:\/\/44.250.171.167\/?p=126180"},"modified":"2022-10-05T04:00:41","modified_gmt":"2022-10-05T08:00:41","slug":"ipo-alert-what-to-expect-when-maini-precision-products-goes-public","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/ipo-alert-what-to-expect-when-maini-precision-products-goes-public\/","title":{"rendered":"IPO Alert: What to expect when Maini Precision Products goes public"},"content":{"rendered":"\n<p>In India, the aerospace industry is growing significantly with the rising activities from both the defence and civil aviation sectors. The Indian aerospace &amp; defence (A&amp;D) market is projected to reach approximately $70 billion by 2030, driven by the rapid demand for advanced infrastructure and government thrust.<\/p>\n\n\n\n<p>In the defence segment, India\u2019s expenditure was \u20b94.8 trillion in 2021 with a growth of 7% year on year. The analysts expect a healthy rise of 11-13% on defence expenses between 2021-2026.<\/p>\n\n\n\n<p>Meanwhile, the Indian automotive industry is expected to reach \u20b916-18 trillion by 2026 and expects strong growth especially from two-wheelers and electric vehicles.<\/p>\n\n\n\n<p>Maini Precision Products recently filed preliminary papers with capital market regulator SEBI to raise funds through an initial share sale. The size of the IPO is likely to be \u20b9900 crores.<\/p>\n\n\n\n<p>The initial public offering consists of a fresh issue of equity shares aggregating to \u20b9150 crores, and an offer for sale of up to 2,54,81,705 equity shares, according to the draft red herring prospectus.<\/p>\n\n\n\n<p>Maini Precision Products plans to use \u20b9112.5 crores from the net proceeds towards repayment and prepayment of certain loans availed by the company. The remaining funds will be used for general corporate purposes.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Diversified Business<\/h2>\n\n\n\n<p>Maini Precision Products is an end-to-end solutions provider engaged in process design, engineering, manufacturing, testing, and supply of a variety of precision products and assemblies. The company has a diverse portfolio of 126 product families.<\/p>\n\n\n\n<p>The company\u2019s products are classified into two businesses \u2013 aerospace, which comprises precision products manufactured for aerospace and defence, and automotive and industrial, which comprises precision products manufactured for clean internal combustion engines, fuel injections and transmissions hydraulics and industrial, agriculture and legacy automotive.<\/p>\n\n\n\n<p>The Bengaluru-based company mainly exports to the US, France, Sweden, Italy, Slovakia, England, Japan, Spain, Poland and Germany.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Key Numbers<\/h2>\n\n\n\n<p>Maini Products\u2019 revenue from operations stood at \u20b9427.36 crores for FY21, where 66.23% of its revenues were being attributed to exports. The company posted a loss of \u20b947 crores in the financial year 2020-21, widening from \u20b922.6 crores a year ago.<\/p>\n\n\n\n<p>Meanwhile, the development of Maini\u2019s products involves a lengthy and expensive process with uncertain timelines and uncertain outcomes.<\/p>\n\n\n\n<p>The failure to develop new or improved products or process improvements or production techniques could subject the company to write-offs or otherwise adversely affect its business, financial condition and results of operations and have a negative impact on its competitive position.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In India, the aerospace industry is growing significantly with the rising activities from both the defence and civil aviation sectors. The Indian aerospace &amp; defence (A&amp;D) market is projected to reach approximately $70 billion by 2030, driven by the rapid demand for advanced infrastructure and government thrust. In the defence segment, India\u2019s expenditure was \u20b94.8 [&hellip;]<\/p>\n","protected":false},"author":1738,"featured_media":124093,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5753,12,10444],"tags":[2777,9022,80,9008,2132],"class_list":["post-126180","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrials","category-other-industries","category-others","tag-aerospace","tag-aerospace-defense","tag-automobile","tag-defence","tag-manufacturing"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":170380,"url":"https:\/\/alphastreet.com\/india\/data-patterns-q1-fy26-earnings-results\/","url_meta":{"origin":126180,"position":0},"title":"Data Patterns Q1 FY26 Earnings Results","author":"Divyansh_Kasana","date":"August 20, 2025","format":false,"excerpt":"Data Patterns (India) Limited is one of India\u2019s fastest-growing companies in the Defence and Aerospace Electronics sector. With a 35-year legacy, it is a vertically integrated solutions provider focused on in-house innovation, design, and manufacturing. Data Patterns supplies advanced electronics for platforms across space, air, land, and sea, playing a\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"DATAPATTNS Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/PATT.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/PATT.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/PATT.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/PATT.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/PATT.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/PATT.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":146149,"url":"https:\/\/alphastreet.com\/india\/earnings-data-patterns-india-ltd-nse-datapattns-q4fy23-results-out-total-income-rises-9-yoy\/","url_meta":{"origin":126180,"position":1},"title":"Earnings | Data Patterns India Ltd. (NSE: DATAPATTNS): Q4FY23 Results Out; Total Income rises 9% YoY.","author":"Divyansh_Kasana","date":"May 15, 2023","format":false,"excerpt":"Data Patterns India Ltd. is a prominent provider of defence and aerospace electronics solutions, catering specifically to the indigenous defence products industry. With over three decades of experience in the field, the company has established itself as a vertically integrated organization with comprehensive in-house design and development capabilities. Data Patterns\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-1-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-1-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-1-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-1-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-1-1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-1-1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":180959,"url":"https:\/\/alphastreet.com\/india\/goodluck-india-reports-22-3-ebitda-growth-in-q3-fy26-on-strong-volume-and-defence-entry\/","url_meta":{"origin":126180,"position":2},"title":"Goodluck India Reports 22.3% EBITDA Growth in Q3 FY26 on Strong Volume and Defence Entry","author":"Staff Correspondent","date":"February 16, 2026","format":false,"excerpt":"Goodluck India Limited (NSE: GOODLUCK) the engineering conglomerate announces 150% interim dividend as consolidated total income reaches \u20b910,388.9 million; commercial production commences at defence subsidiary. The company reported consolidated financial results for the quarter ended December 31, 2025 (Q3 FY26), characterized by significant margin expansion and the operational launch of\u2026","rel":"","context":"In &quot;Analysis&quot;","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":169018,"url":"https:\/\/alphastreet.com\/india\/data-patterns-india-ltd-q4fy25-6-rise-in-revenue\/","url_meta":{"origin":126180,"position":3},"title":"Data Patterns (India) Ltd Q4FY25; 6% rise in Revenue","author":"Divyansh_Kasana","date":"July 3, 2025","format":false,"excerpt":"Data Patterns (India) Limited is one of the fastest-growing companies in the Defence and Aerospace Electronics sector in India. It is among the few vertically integrated defence and aerospace electronics solutions providers catering to the indigenously developed defence products industry. It is focused on in-house development and manufacturing facilities led\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/I-2.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/I-2.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/I-2.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/I-2.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/I-2.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/I-2.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":166052,"url":"https:\/\/alphastreet.com\/india\/data-patterns-india-ltd-q2fy25-42-rise-in-profits\/","url_meta":{"origin":126180,"position":4},"title":"Data Patterns (India) Ltd Q2FY25; 42% rise in Profits","author":"Divyansh_Kasana","date":"December 13, 2024","format":false,"excerpt":"Data Patterns (India) Limited is one of the fastest-growing companies in the Defence and Aerospace Electronics sector in India. It is among the few vertically integrated defence and aerospace electronics solutions providers catering to the indigenously developed defence products industry. It is focused on in-house development and manufacturing facilities led\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/12\/LI.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/12\/LI.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/12\/LI.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/12\/LI.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/12\/LI.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/12\/LI.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":167565,"url":"https:\/\/alphastreet.com\/india\/data-patterns-india-ltd-q3fy25-51-fall-in-profits\/","url_meta":{"origin":126180,"position":5},"title":"Data Patterns (India) Ltd Q3FY25; 51% fall in Profits","author":"Divyansh_Kasana","date":"March 25, 2025","format":false,"excerpt":"Data Patterns (India) Limited is one of the fastest-growing companies in the Defence and Aerospace Electronics sector in India. It is among the few vertically integrated defence and aerospace electronics solutions providers catering to the indigenously developed defence products industry. It is focused on in-house development and manufacturing facilities led\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/O-10.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/O-10.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/O-10.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/O-10.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/O-10.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/O-10.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/126180","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1738"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=126180"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/126180\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/124093"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=126180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=126180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=126180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}