When was JK Maini founded?

JK Maini was founded in 1973 and raised its 1st funding round 32 years after it was founded.

Where is JK Maini located?

JK Maini is headquartered in Thane, India. It is registered at C/O. RAYMOND LIMITED, JEKEGRAM, POKHARAN ROAD, NO. 1, Jekegram, Thane, Thane, Maharashtra, India, 400606.

Which legal entities is JK Maini associated with?

JK Maini is associated with MAINI PRECISION PRODUCTS LIMITED.

How many employees does JK Maini have?

As of Jul 31, 2025, JK Maini has 1465 employees, reflecting a 7% year-over-year decline in headcount.

Is JK Maini a funded company?

JK Maini is a funded company, having raised a total of $20.8M across 4 funding rounds to date. The company's 1st funding round was a $***** Unattributed round, raised on 2005.

How much is JK Maini worth?

The last known valuation of JK Maini was $***** as of Nov 03, 2023.

When was the latest funding round of JK Maini?

JK Maini's latest funding was a $***** Unattributed round on Jul 11, 2019, with participation from 2 investors. Its primary sector is Auto Components. In India, the Auto Components sector has seen $96.8M in funding in 2026 to date.

What is the annual revenue of JK Maini?

Annual revenue of JK Maini is between ₹500 Cr and ₹1,000 Cr as on Mar 31, 2024

Where does JK Maini rank among its competitors?

JK Maini ranks 10th amongst 752 active competitors, of which 10 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Ramkrishna Forgings, which secured $23.1M in Oct, 2025.

Who are the top competitors of JK Maini?

JK Maini's top competitors include Bharat Forge, Ramkrishna Forgings and Autoline Industries. Among them, Ramkrishna Forgings secured the most recent funding round in October, 2025.

JK Maini - 2026 Company Profile, Team, Funding, Competitors & Financials

Q: Is JK Maini an acquired company?

JK Maini got acquired by Raymond on Nov 03, 2023.

JK Maini is an acquired company based in Thane (India), founded in 1973 by Sandeep Kumar Maini, Maini Sudarshan Kumar, Reva Maini and Chetan Kumar Maini. It operates as a Manufacturer of precision engineering components for automotive and aerospace industries. JK Maini has raised $20.8M in funding from Paragon Partners and HKK investor, with last known valuation of $*****. The company has 752 active competitors, including 10 funded and 88 that have exited. Its top competitors include companies like Bharat Forge, Ramkrishna Forgings and Autoline Industries.

Company Details

Manufacturer of precision engineering components for automotive and aerospace industries. Production activities include the fabrication of complex metal parts, assemblies, and mission-critical systems for mobility platforms and defense applications. Operations involve the use of advanced machining technology to achieve specific geometries and tolerances required for industrial and mechanical performance. The business focuses on the creation of hardware and tooling products for various engineering sectors.

Website: mainiprecisionproducts.com
Email ID: *****@raymond.in
Phone Number: +91 **********
Part Of
Registered Address: C/O. RAYMOND LIMITED, JEKEGRAM, POKHARAN ROAD, NO. 1, Jekegram, Thane, Thane, Maharashtra, India, 400606

Key Metrics

Founded Year

1973

Location

Thane, India

Stage

Acquired

Total Funding

$20.8M in 4 rounds

Latest Funding Round

Unattributed, Jul 11, 2019, $*****

Last Known Valuation

$***** as on Nov 03, 2023

Investors

Paragon Partners & 10 more

Ranked

10^th among 752 active competitors

Annual Revenue

₹500 - ₹1,000 Cr as on Mar 31, 2024

Employee Count

1,465 as on Jul 31, 2025

Similar Companies

Bharat Forge & 634 more

Exit Details

Acquired by Raymond (Nov 03, 2023)

View JK Maini's full profile

JK Maini is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
MAINI PRECISION PRODUCTS LIMITED CIN: U27201MH1973PLC428717 , India, Amalgamated	Mar 03, 1973	₹500 - ₹1,000 Cr (As on Mar 31, 2024)	1465 (As on Jul 01, 2025)

JK Maini got acquired by Raymond on Nov 03, 2023 at an acquisition amount of $*****.

Click here to take a look at JK Maini's acquisition in detail

JK Maini has raised a total funding of $20.8M over 4 rounds. Its first funding round was on 2005. Its latest funding round was a Unattributed round on Jul 11, 2019 for $*****. 2 investors participated in its latest round. JK Maini has 10 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of JK Maini:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 11, 2019	9490740	Unattributed	2415393	3875607	1044935	7765834
Aug 24, 2016	6597517	Unattributed	9629528	7095694	2814119	Newquest & 1 more
May 23, 2007	7573188	Unattributed	5868780	7031842	HKK investor	3617183

Access funding benchmarks and valuations. Sign up today!

View details of JK Maini's funding rounds and investors

The founders of JK Maini are Sandeep Kumar Maini, Maini Sudarshan Kumar, Reva Maini and Chetan Kumar Maini.

Here are the details of JK Maini's key team members:

Sandeep Kumar Maini: Managing Director of JK Maini. They serve on the board of 1 company.
Contact Info: 1 phone number
Maini Sudarshan Kumar: Former Founder of JK Maini. They serve on the board of 1 company.
Contact Info: 1 phone number
Reva Maini: of JK Maini. They serve on the board of 1 company.
Contact Info: 1 phone number
Chetan Kumar Maini: of JK Maini.

JK Maini's Board of Directors

JK Maini's board has 7 active members. Siddharth Deepak Parekh, Sandeep Kumar Maini, Gautam Maini and Niten Lalpuria are part of team and Tarak Bhikhalal Madhani, Kewal Krishan Nohria and Sridhar Venkatachari are independent board members.

Here is the list of JK Maini's board of directors:

Name	Type	Representing	Status	Duration
Sandeep Kumar Maini	Team	-	Current	19y 1m
Gautam Maini	Team	-	Current	37y 0m
geysk{c	Team	-	Past	4y 5m
kovzhau	Team	-	Past	3y 4m
Siddharth Deepak Parekh	Investor	Paragon Partners	Current	10y 2m
Niten Lalpuria	Investor	Paragon Partners	Current	8y 11m
nfujgrn	Investor	tzkodfo	Past	5y 9m
Tarak Bhikhalal Madhani	Independent board member	-	Current	14y 0m
urpoyzm	Independent board member	-	Current	7y 1m
nsmkkjd	Independent board member	-	Current	1y 7m
eucwjsa	Independent board member	-	Past	7y 9m
jvmheik	Independent board member	-	Past	9y 2m
znekonu	Independent board member	-	Past	9y 3m
sfuciym	Independent board member	-	Past	4y 6m
gcexsmc	Independent board member	-	Past	1y 6m
thypa{i	Independent board member	-	Past	1y 5m
huvxoou	Independent board member	-	Past	4y 7m

View details of JK Maini's Founder profiles and Board Members

JK Maini's employee count trend

JK Maini has 1,465 employees as of Jul 25. The total employee count is 7.0% lower than what it was in Jul 24. Here is JK Maini's employee count trend over the years:

Uncover JK Maini's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of JK Maini include Bharat Forge, Ramkrishna Forgings and Autoline Industries. Here is the list of Top 10 competitors of JK Maini, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Bharat Forge 1961, Pune (India), Public	Manufacturer of technology-enabled automotive tools, forging, and machining materials	$52.4M	-	74/100
2nd	Ramkrishna Forgings 1981, Kolkata (India), Public	Supplier of forged, machined, and fabricated products to automotive & railways industries	$52.5M	India Capital Growth, Ascent Capital & 4 others	66/100
3rd	Autoline Industries 1996, Pune (India), Public	Manufacturer & supplier of sheet metal components to OEMs	$9M	Duke India Automotive Fund, Rare Enterprises ... & 1 others	60/100
4th	Novelis 2005, Atlanta (United States), Acquired	Manufacturer and supplier of flat-rolled aluminum products to OEMs	-	IMM Holdings, AIAC	59/100
5th	Dynamatics 1973, Bengaluru (India), Acquired	Manufacturer of precision engineered products for aerospace metallurgy and hydraulics	-	Samena Capital	58/100
6th	Nemak 1979, Villa De Garcia (Mexico), Public	Manufacturer and supplier of automotive aluminium components to OEMs	-	Bank of America, Touchpoint Capital Partners ... & 4 others	57/100
7th	Hirschvogel Automotive Group 1988, Denklingen (Germany), Acquired	Manufacturer of steel and aluminum components for the automotive industry	-	BAFA, Hannover Finanz & 3 others	57/100
8th	Trolley 2015, Toronto (Canada), Series B	Manufacturer of trolleys and trams	$37.2M	Wavecrest Growth Partners, Pace Capital & 6 others	57/100
9th	NN 1980, Charlotte (United States), Public	Design and manufacture high-precision metal & plastic components	-	Morgan Stanley, Economy And Finance & 1 others	55/100
10th	JK Maini 1973, Thane (India), Acquired	Manufacturer of precision engineering components for automotive and aerospace industries	$20.8M	Newquest, Paragon Partners & 9 others	55/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on JK Maini's competitors? Click here to see the top ones

MAINI PRECISION PRODUCTS LIMITED, the legal entity associated with JK Maini, generated between ₹500 Cr and ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2024. The revenue of MAINI PRECISION PRODUCTS LIMITED has a compounded annual growth rate (CAGR) of 11% in the last 1 year.

Financial Statement Summary

Metrics	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Income Statement
Revenue	1456	9169	1576	6584	7098
Total Sales	8146	4935	7815	2964	5496
Total Expenses	2309	2278	8776	7988	8685
Operating Expenses	9625	8207	4242	4683	4822
Employee Expenses	9214	1651	1383	5162	5550
Operating Income (EBIT)	5420	5711	3164	4061	8306
Interest Expenses	6254	4369	9896	9557	1686
Expenses from other activities	6009	6774	4819	5227	4485
EBITDA	6070	2517	8094	4664	4263
Taxes	2719	3045	2223	2682	7484
Net Profit	4014	9164	6222	1230	1940
Balance Sheet
Assets	3047	3260	4035	6289	3053
Cash Equivalent	6444	5655	9877	1493	5199
Accounts Receivables	6653	5939	1587	2713	1233
Inventory	1226	1872	6484	6152	4324
Liabilities	6818	8932	8095	8301	5381
Total Debt	6753	3472	9260	7603	6506
Accounts Payable	1148	2449	6739	9757	4058
Equities	9422	3249	3060	6569	7904
Cashflow Statement
Cash from Operating activities	3067	2829	6490	7497	1144
Cash from Investing activities	3138	4423	4541	5436	4286
Net cash from Financing activities	8879	2397	7065	9468	9572

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

Founders (largest shareholder) own 61.99%, Funds own 36.19%, Enterprises own 0.00% and Other People own 1.82%. The net worth of JK Maini's founders is INR 2,880Cr as of Jul 11, 2019. The cap table displayed below is for MAINI PRECISION PRODUCTS LIMITED which is the legal entity associated with JK Maini.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	61.99%	2,880Cr	5786566	1849558	7003145	8330249
Sandeep Kumar Maini	3285575	4105642	1135289	5212919	8959370	7557209
Chetan Kumar Maini	3442935	9871053	5914732	1344583	4730262	2691826
Fund	36.19%	1,680Cr	4016259	4620358	6169269	5749628
Paragon Partners	4935573	9071892	3160455	7139967	3118080	1212860
New Quest Asia	3332894	1306913	2523423	4721236	4081057	4884920
Enterprise	-	0	0	0	0	0
Other People	1.82%	84.4Cr	6	4	6	6
ESOP Pool	-	0	0	0	0	0
Total	100.00%	4,640Cr	3637567	5151350	3683421	7274680