NIDEC Corporation earlier known as 'Mitsubishi Heavy Industries India Precision Tools Limited' Unlisted Share
MITSUBISHI HEAVY INDUSTRIES INDIA PRECISION TOOLS LIMITED is one of the World's leading manufacturers of Gear Cutting Tools and Broaches in India. In May 2005, Mitsubishi Heavy Industries Machine Tool Company Limited acquired S.R.P. Tools Limited, India, a 42-year-old company, and thus Mitsubishi Heavy Industries India Precision Tools Ltd was formed. This unit is now functioning as a subsidiary of Mitsubishi Heavy Industries Machine Limited, Japan. S.R.P Tools Limited was India’s first unit to obtain ISO 9000 certification for Gear Cutting Tools and Broaches. Even though the Company does not have a separate R & D wing, the R & D activities are carried out along with our regular operations resulting in effective utilization of imported raw materials which help in reducing the outgo on foreign exchange.
Mitsubishi Heavy Industries India Precision Tools Limited is India’s largest manufacturer of Gear Cutting Tools and Broaches, featuring the most advanced precision technologies and commanding a large market share. The company’s product range includes Hobs, Gear Shaping Cutters, Gear Shaving Cutters, Master Gears, Rotary Cutters, Spline Broach, and various other types of Broaches, used in the manufacturing of various automotive and engineering components.
Nidec India Precision Tools Share Price, Share Details as of March 31, 2025
Nidec India Precision Tools Outstanding Shares: |
69,67,867 |
|
Face Value of Nidec India Precision Tools Share |
Rs. 10/- Per Equity Share |
|
ISIN of Nidec India Precision Tools Share |
INE677G01014 |
|
Lot Size of Nidec India Precision Tools Share |
100 |
Nidec India Precision Tools Share Price |
Best In Industry |
|
PAN Number of Nidec India Precision Tools |
AAACS5081L |
|
GST Number of Nidec India Precision Tools |
33AAACS5081L1Z9 |
CIN of Mitsubishi Heavy Industries |
U29130TN1963PLC004990 |
Registration Date of Mitsubishi Heavy Industries |
12th March 1963 |
Category/Sub-category of Mitsubishi Heavy Industries |
Public Company having a share capital |
Mitsubishi Heavy Industries Registered office address and contact details |
2, Sipcot Industrial Complex, Ranipet 632403 Telephone No. 91-4172-244361 |
Mitsubishi Heavy Industries Registrar and Transfer Agent address and contact details |
KFIN TECHNOLOGIES PRIVATE LTD. Karvy Selenium Tower B, Plot No. 31 &32, Gachibowli Financial District, Nanakramguda, Serilingampally, Hyderabad 500 032. Phone No. +91 040 67161500 |
|
Name and Description of main products/services |
NIC Code of the product/service |
% to total turnover of the Company |
|
Gear Cutting Tools |
820770.09 |
61.89% |
|
Broaches |
820760.09 |
38.11% |
Mr. Munetaka Nomura (Chairman & Managing Director)
Mr. S. Srinivasan
Mr. N. Valliappan
Mr. Yoshinao Miyoshi
Mr. Shusuke Suto
Mitsubishi Heavy Industries India Precision Tools Limited does not have any subsidiary or associate company.
|
S. No. |
Shareholders’ Name |
Number of shares |
% of total Shares of the company |
|
1 |
Mitsubishi Heavy Industries Limited (Promoter) |
67,25,000 |
96.52% |
|
2 |
Public Shareholding |
2,42,867 |
3.48% |
|
|
Total |
69,67,867 |
100.00% |
The global automotive gear market is expected to grow at a considerable rate for the next few years, primarily on the account of the growing automotive industry. The growth in the automotive industry is an outcome of the increased production of passenger vehicles in recent years. Moreover, increasing installation of automated and mechanized parts in automobiles, advancements in technology, demand for smooth gear shifts, and enhanced acceleration are driving the growth of the automotive gear industry. The Asia Pacific is projected to have the largest market for automotive gears, with India and China being the leader in the industry.
The automotive gears industry in FY 2020 has been largely static. The market for Gear is trending towards higher sizes due to larger capacities being planned by the various users. Accompanying these trends is the scale-up in capital equipment sizes, newer technologies, energy efficiency, and space reduction are emerging as key drivers in the Gear industry. India, in recent years, has witnessed considerable growth in the planetary Gear segment signaling a maturing of the market. Recently, the outlook for the auto component industry has changed from Negative to Stable backed by an increase in demand across Original Equipment manufacturers, replacements, and exports.
Due to COVID 19 pandemic and nationwide lockdown, the industry faced hard times because of initial disturbances in supply chain management, and aggregate demand reaching normal levels.
FY 2021 was one of the toughest years in the history of the Indian automotive industry due to the outbreak of the COVID 19 pandemic. The Automobile industry was already facing headwinds due to the slowing economy was stopped completely due to nationwide lockdown in 2020. The Indian automotive industry in FY 2021 registered a decline of 13.6%. However, the last 2 quarters have been relatively better than the first 2 quarters of FY 2021. The 4th Quarter of FY 2021 registered an increase of 25.89% in total sales of automobiles when compared to the 3rd quarter of FY 2021. The Passenger Vehicle segment saw a total decline of 2.24% in FY 2021. However, the Passenger Vehicle segment performance in the 4th quarter improved strongly with a year-on-year increase of 42.4%.
FAQ's on Nidec India
Q: What is the face
value of Nidec India Precision Tools Ltd shares?
Answer:
The face value of Nidec India Precision Tools Ltd is ₹10 per equity share.
Q: What is the
minimum lot size for buying Nidec India Precision Tools shares through WWIPL?
Answer:
The minimum lot size for Nidec India Precision Tools shares is 100 equity shares.
Q: How can I buy
Nidec India Precision Tools unlisted shares through WWIPL?
Answer:
Investors can complete KYC, confirm the transaction details with WWIPL,
transfer funds, and receive the shares directly in their Demat account.
Q: Why should I buy
Nidec India Precision Tools shares through WWIPL?
Answer:
WWIPL offers transparent pricing, secure transactions, seamless Demat
transfers, and end-to-end support throughout the investment process.
Q: Is investing in
Nidec India Precision Tools Ltd a good idea?
Answer:
Investors generally evaluate the company based on its leadership in precision
cutting tools, strong parentage under Nidec Corporation, profitability, export
potential, and long-term growth in the automotive and engineering sectors.
Q: Why do investors
buy Nidec India Precision Tools shares before a potential IPO?
Answer:
Investors seek early exposure to a profitable precision engineering company
before any potential listing, aiming to participate in future value creation
and liquidity opportunities.
Q: What business
does Nidec India Precision Tools Ltd operate in?
Answer:
Nidec India Precision Tools manufactures precision cutting tools such as hobs,
gear shaping cutters, gear shaving cutters, master gears, broaches, spline
broaches, and rotary cutters used in automotive and industrial engineering
applications.
Q: What makes Nidec
India Precision Tools different from other unlisted engineering companies?
Answer:
The company benefits from advanced Japanese manufacturing technology, a strong
global parent, and specializes in high-precision gear cutting tools for
automotive and industrial customers.
Q: What are the key
growth drivers for Nidec India Precision Tools Ltd?
Answer:
Growth in the automotive industry, rising demand for precision engineering,
exports, industrial automation, and increasing manufacturing activity are key
growth drivers.
Q: What factors
affect the valuation of Nidec India Precision Tools shares?
Answer:
Revenue growth, profitability, operating margins, export demand, manufacturing
capacity, customer base, and industry outlook are the primary valuation
drivers.
Q: Are Nidec India
Precision Tools shares available in Demat form?
Answer:
Yes. Shares purchased through WWIPL are transferred directly to the investor's
Demat account.
Q: Can I sell my
Nidec India Precision Tools shares through WWIPL?
Answer:
Yes. WWIPL facilitates both buying and selling of unlisted shares, subject to
market demand and availability.
Q: What documents
are required to buy Nidec India Precision Tools shares through WWIPL?
Answer:
Investors generally need PAN, Aadhaar, Client Master Report CMR, and bank
account details to complete the transaction.
Q: What are the
risks of investing in Nidec India Precision Tools shares?
Answer:
Investors should consider cyclicality in the automotive sector, export demand
fluctuations, raw material costs, competitive pressures, and liquidity
constraints associated with unlisted shares.
Q: How does WWIPL
help investors track Nidec India Precision Tools investments?
Answer:
WWIPL provides company updates, transaction assistance, market insights, and
ongoing investment support to help investors stay informed.
Q: How long does it
take for Nidec India Precision Tools shares purchased through WWIPL to be
credited to a Demat account?
Answer:
Shares are generally transferred to the investor's Demat account after
successful completion and verification of the transaction.
Q: What should
investors evaluate before investing in Nidec India Precision Tools Ltd?
Answer:
Investors should assess the company's financial performance, product portfolio,
parent company support, profitability, valuation, export exposure, and
long-term growth prospects.
Q: Can Nidec India
Precision Tools benefit from India's manufacturing and automotive growth?
Answer:
Yes. Increasing domestic manufacturing, automotive production, precision
engineering demand, and export opportunities are expected to support the
company's long-term growth.