- CEO
- Jayesh Ramnilklal Mehta
- Full Time Employees
- 13
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- 108 Mumbai MA India 400030
- IPO Date
- Apr 5, 2019
- Business
- Chandni Machines Limited engages in the trading of pre-owned imported engineering goods and industrial machinery in India. The company imports and supplies used injection molding machines with capacities ranging from 20 to 2500 tons sourced from Europe, Asia, and the United States; machine tools including vertical machining centers, horizontal machining centers, and turning centers; and material handling equipment such as forklifts and reach trucks. It also offers plastics and rubber machinery like die casting and rubber injection molding machines; metalworking machinery encompassing machine tools and sheet metal fabrication equipment; and testing equipment, while providing after-sales service through qualified technical personnel from a 2000 sq.m. warehouse in Daman.
Chandni Machines Limited serves diverse industries including automobile, pharmaceutical, home appliances, textile, metalworking, forging, fabrication, mold making, steel, bearing, glass, plastic, power generation, aviation, gear making, crankshaft, mining, construction, and others. The company, part of the JR Group, was incorporated in 2016 as a wholly-owned subsidiary of Chandni Textiles Engineering Industries Limited, underwent a demerger of the holding company's engineering division approved by the National Company Law Tribunal in January 2018, and converted to public limited status in July 2018. It maintains headquarters at 108/109, TV Industrial Estate, 52 S.K. Ahire Marg, Worli, Mumbai, India.
In recent developments, the company announced a private placement in October 2025 to raise INR 272.16 million through 4.184 million equity shares at INR 52.5 each and up to 4 million warrants at INR 13.125 each, with participation from promoters including Jayesh R. Mehta and other investors, pending shareholder approval at an extraordinary general meeting on November 27, 2025. In May 2024, the board approved an increase in loan and investment limits under Section 186 and related party transactions under Section 188 of the Companies Act, 2013, alongside audited financial statements for the year ended March 31, 2024. The company continues routine board meetings for financial results, reporting varied quarterly performance including a net loss of INR 1.06 crore in the September 2025 quarter amid nil sales.