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Nidec India Precision Tools Ltd. designs, manufactures and sells precision cutting tools from its Ranipet facility in Tamil Nadu. Its official Nidec Machine Tool page identifies its production-base function as design, manufacture and sales of precision cutting tools. The company says it was formerly Mitsubishi Heavy Industries India Precision Tools and was renamed Nidec India Precision Tools after Nidec’s 2021 acquisition. Its product range includes gear hobs, gear-shaping cutters, gear-shaving cutters, roll-testing masters, rotary cutters, spline broaches and other broaches. Nidec says these tools are used to manufacture automotive and engineering components. The Ranipet business supplies Indian automotive, construction-machinery and agricultural-machinery markets. It also provides resharpening and recoating after-sales services. Revenue comes from sales of precision tools and associated product-support services.
About this company
Nidec India Precision Tools Ltd., formerly Mitsubishi Heavy Industries India Precision Tools Ltd., is a Tamil Nadu-based manufacturer of precision metal-cutting tools. The company produces gear cutting tools and broaches, including hobs, gear shaping cutters, gear shaving cutters, master gears, rotary cutters and spline broaches, which are used in making automotive and engineering components. Its roots trace to S.R.P. Tools Ltd., founded in 1965, which Mitsubishi Heavy Industries Machine Tool Co., Ltd. acquired in 2005; Nidec Corporation took over the business in 2021 and renamed it. The company supplies two-wheeler, passenger car, commercial vehicle, tractor and non-automotive manufacturers. As a privately held promoter-controlled entity, its equity is largely held by the Nidec group, and its shares are unlisted and changed hands only in the private market. Unlisted and pre-IPO shares typically carry higher risk and lower liquidity than listed securities, and valuations can be difficult to verify. This page is for information only and does not constitute investment advice.
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COMMON QUESTIONS.
Is Nidec India Precision Tools Ltd.(Formerly Mitsubishi Heavy Industries) listed on the stock exchange?+
No. As of 2 September 2026, Nidec India Precision Tools Ltd.(Formerly Mitsubishi Heavy Industries) is an unlisted company whose shares trade over-the-counter; it would list only if and when it completes an IPO.
What is the Nidec India Precision Tools Ltd.(Formerly Mitsubishi Heavy Industries) unlisted share price?+
As of 2 September 2026, the indicative unlisted share price of Nidec India Precision Tools Ltd.(Formerly Mitsubishi Heavy Industries) is ₹225 per share. This is an over-the-counter reference price, not a stock-exchange quote.
What indicative minimum amount is displayed for Nidec India Precision Tools Ltd.(Formerly Mitsubishi Heavy Industries) unlisted shares?+
The displayed unit count is 45 share(s); at the indicative price of about ₹225, the displayed amount is approximately ₹10,125. This is a display convention, not evidence of inventory, an order minimum or a quote.
What is the ISIN of Nidec India Precision Tools Ltd.(Formerly Mitsubishi Heavy Industries)?+
The recorded ISIN of Nidec India Precision Tools Ltd.(Formerly Mitsubishi Heavy Industries) is INE677G01014. An ISIN is a 12-character security identifier. Verify it against the issuer and the relevant depository record before using it for any transfer or documentation.
Is trading in Nidec India Precision Tools Ltd.(Formerly Mitsubishi Heavy Industries) unlisted shares legal in India?+
Unlisted shares can be transferred off-market in India, but the legal, tax and compliance position depends on the security, parties, documents and current rules. Verify the intermediary, issuer restrictions and applicable requirements before proceeding.
Is there a lock-in period for unlisted shares?+
A post-listing lock-in may apply under the rules in force at the time. The period and any exemptions can depend on the holder and acquisition, so check the current regulation and the issuer's offer documents rather than relying on a generic period.
Do you guarantee returns?+
No. Unlisted shares carry higher risk and lower liquidity than listed shares. Returns depend on company performance, market conditions and future listing outcomes. This is information only, not investment advice.