999.60 -1.35(-0.13%)
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Macpower CNC Machines Limited was originally formed as a private limited Company in the name and style of Macpower CNC Machines Private Limited' in Gujarat on December 31, 2003. Consequently, it was converted into a public limited company and the name of the Company was changed to Macpower CNC Machines Limited' on November 16, 2017. The Company was founded by Mr. Rupesh Mehta. The Company is engaged in in manufacturing of CNC Turning Centers, Vertical Machining Centers, Horizontal Machining Centers, Cylindrical Grinder, Vertical Turret Lathe, Turn Mill Centers, Drill Tap Center, Twin Spindle VMC and also Multi Tasking, 5-axis along with sub spindle. The Company today has a capacity to manufacture 2000 machine per annum.In 2018, the Company listed on NSE Emerge platform with the objects to utilise funds of IPO for setting up backward integration facilities which includes setting up in house machining and civil construction at the Manufacturing facility which, inter-alia includes purchase of machinery, equipment's and tooling's for the machines. In-house spindle manufacturing capability was made operational by commissioning high end multi-axes grinding machine, separate sheet metal unit and powder coating unit and also purchased state of the art mother machineries, measu...