Nibe Limited has announced the receipt of a major ₹28.08 crore purchase order from one of India’s leading infrastructure and defence companies. The order marks a significant milestone for the manufacturer, which continues to build on its reputation for delivering precision-engineered components to strategic sectors across the country.
The order, which includes the manufacture and supply of Breech Casing Assemblies, will be executed and delivered in tranches by June 2028, the company confirmed in its statement. The deal, valued at ₹28.08 crore inclusive of all taxes and duties, further strengthens Nibe’s presence in India’s expanding defence and infrastructure landscape.
According to the company, this is a domestic order with no promoter or related-party involvement. The initiative aligns with India’s Make in India and Atmanirbhar Bharat missions, reinforcing the government’s push toward self-reliant, high-value manufacturing within the country.
Managing Director Shankararaman Vaidyanathan noted that the order highlights Nibe’s technical expertise and commitment to innovation. The company aims to support India’s defence and industrial ecosystems with locally developed engineering solutions that meet global standards.
The new order adds to Nibe’s growing portfolio of complex engineering projects and reflects the increasing trust placed in Indian manufacturers to deliver high-quality, critical components for strategic industries.
Founded in Pune, Nibe Limited is a diversified engineering and manufacturing company specialising in high-precision components for defence, aerospace, energy, and heavy industrial sectors. With state-of-the-art facilities in Maharashtra, the company has established a strong track record in delivering complex assemblies and fabrication solutions. Nibe continues to expand its technological capabilities to serve both domestic and international clients while maintaining a firm focus on innovation and sustainability.
Read More: Bharat Electronics Share Rose After Fresh Defence Orders of ₹592 Crore!
As of October 17, 2025, at 9:47 AM, Nibe share price is trading at ₹1,334.10 per share, reflecting a gain of 0.35% from the previous closing price. Over the past month, the stock has gained by 3.54%.
The ₹28.08 crore order cements Nibe Limited’s position as a key contributor to India’s defence manufacturing ecosystem, reflecting its growing strength and alignment with the nation’s long-term industrial vision.
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Published on: Oct 17, 2025, 11:02 AM IST
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