Nidec India Precision Tools Limited
- Unlisted share
- Industrials & Engineering
- ISIN INE677G01014
Key details
- Company
- Nidec India Precision Tools Limited
- ISIN
- INE677G01014
- Sector
- Industrials & Engineering
- Type of share
- Unlisted equity share
- Indicative price per share
- On request
- Price last updated
- 12 Oct 2026
- Minimum quantity
- Confirmed by the desk
- How you hold it
- In your own demat account
- Enquiries
- GrowFast desk, on WhatsApp
Indicative prices, illiquid shares. Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
Company
About Nidec India Precision Tools Limited
Nidec India Precision Tools designs, makes and sells precision cutting tools for gear manufacturing, such as hobs, shaper and shaving cutters and broaches, from its plant at Ranipet in Tamil Nadu, mainly for automotive and engineering customers. The business began as S.R.P. Tools, was bought by Mitsubishi Heavy Industries of Japan in 2005 and renamed Mitsubishi Heavy Industries India Precision Tools, and took its present name after Japan's Nidec group acquired it in 2021. It now operates under Nidec Machine Tool Corporation, a Nidec group company.
Financials
Ask for the numbers before you decide.
Revenue, profit, book value and the latest annual report are shared by the desk on request, so what you see is the current set and not an old figure left on a web page.
Ask for the financials- Sector
- Industrials & Engineering
- ISIN
- INE677G01014
- Headquarters
- Ranipet, Tamil Nadu
- Parent / promoter
- Nidec Machine Tool Corporation, part of Nidec Corporation, Japan (acquired from Mitsubishi Heavy Industries in 2021)
- Nidec Corporation news release, 26 June 2023
- Key people
- Chairman & Managing Director: Munetaka Nomura (as planned at the time of the Nidec acquisition)
- Nidec Corporation news release, 3 August 2021
- Website
- nidec.com
Read from: Nidec Machine Tool website, production bases, unless another source is shown on a card.
Leadership
Management
Munetaka Nomura
Chairman & Managing Director
Nallappan Valliappan
Director (Sales)
Kenichi Wakabayashi
Director
Yoshinao Miyoshi
Director
Kazunori Konishi
Director
Prafful Lalwani
Independent Director
Appan Priya
Independent Director
Read from: Nidec Corporation news release, 3 August 2021 (planned board on acquisition; may have changed since)
Corporate calendar
Events
- 26 Jun 2023ExpansionParent announced a new cutting tool factory at Ranipet, raising capacity to 1.5 times, with production from 1 July 2023Open
- 3 Aug 2021AcquisitionNidec announced completion of its purchase of Mitsubishi Heavy Industries' machine tool business; the Indian company was to be renamed Nidec India Precision Tools Ltd., with its share purchase due by about the end of August 2021Open
Reports and filings
Annual reports and results
Each link opens the document where its publisher keeps it.
Before you buy
Six things to check on any unlisted share.
The same list applies to every stock. None of it is advice on this one.
The company's latest financials
Revenue, profit and debt for the last three years, from its audited annual report. Ask the desk for the most recent set.
What the price implies
Compare the price per share with earnings and book value per share, and with listed companies in the same business.
Whether a listing is planned
A company may file for an IPO, delay it or never list. A listing, its timing and its price are never certain.
How you would sell
There is no exchange for these shares. You sell by finding a buyer, which can take time and may be at a lower price.
Lock-in after a listing
Shares bought before an IPO are usually locked in for a period after the company lists. Confirm the current rule before you buy.
Tax on your gains
Unlisted shares are taxed differently from listed ones. Check your position with a tax adviser.
Questions
What buyers ask about this stock.
Not answered here? Ask the desk.
Inquire about Nidec India Precision Tools Limited on WhatsAppIs the price shown for Nidec India Precision Tools Limited final?
No. It is an indicative price per share. The desk confirms the price and the quantity available when you inquire, and the confirmed price is the one you deal at.
How do I buy these shares?
Press Inquire. It opens a WhatsApp chat with the desk, with this stock already named. After the price and quantity are agreed, a 10% advance locks the deal. Once your KYC is complete you pay the balance, and the shares are transferred to your demat account.
Do I pay anything on this website?
No. No payment is taken and no order is placed on this site. Payment details are shared by the desk only after the deal is agreed.
What do I need before I can buy?
A demat account in your name and the documents for KYC: your identity and demat account details are verified before any deal, as the regulations require.
Can I sell my Nidec India Precision Tools Limited shares to GrowFast?
GrowFast buys as well as sells. Press Inquire and tell the desk how many shares you hold; it will come back with what it can offer.
How do I sell Nidec India Precision Tools Limited shares I already hold?
Tell the desk how many you hold. If a price is agreed, you transfer the shares from your demat account with a delivery instruction to your depository participant (a DIS, or its online equivalent), and payment follows as agreed with the desk.
Is there a lock-in if the company lists?
Shares held before an IPO are generally locked in for a period after the listing under SEBI's rules, which have changed over time. Ask the desk for the rule that applies today before you buy.
Is buying unlisted shares legal in India?
Yes. Shares of an unlisted company can be bought and sold privately and are transferred between demat accounts. They are not traded on a stock exchange, so the protections of an exchange do not apply.
What is the minimum I can buy?
It differs by stock and by what the desk holds at the time. The desk confirms the minimum quantity when you inquire.
What is an ISIN?
The 12-character code that identifies a security. It is how your depository knows exactly which share is being transferred to your demat account.
Why are unlisted shares riskier than listed ones?
Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
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Risk disclosure
Prices on this site are indicative, quoted per share, and are not an offer to buy or sell. The price and quantity for any deal are confirmed by GrowFast's desk at the time you deal.
Unlisted, pre-IPO and delisted shares are not traded on a stock exchange. They are illiquid, their prices can move sharply, and you may be unable to sell them when you wish or at all. A company that is expected to list may not do so.
Nothing on this site is investment advice or a promise of returns. Past prices do not predict future prices. Consider your own circumstances, and take independent advice, before you invest.
Inquire opens a WhatsApp chat with GrowFast. No payment is taken and no order is placed on this site.
GrowFast is not affiliated with, sponsored by or endorsed by Nidec India Precision Tools Limited. Its name and logo belong to their owner and are shown only to identify the company. Figures about it come from published sources and have not been audited by GrowFast. See the Terms and Conditions.