Menon Pistons Limited was incorporated as a private limited company in Aug.'77 and was converted into a deemed public company in 1988. The company became a full-fledged public limited company in Nov.'94. Promoted by the late Chandran Menon and Ram Menon, the company was manufacturing pistons to cater to the need of small diesel engine manufacturers. Subsequently, it started supplying the high value added pistons required for the automobile industry and diesel engine sector. Later on, it added pistons required for cars, LCVs/HCVs, to its product line.
In year 1971, the Company manufactured their first engine piston. Their innovative solutions in automotive and off-highway engine applications and precision hydraulic systems act as catalysts towards our long-term association with esteemed OEM customers across the world, who are a testament to technological prowess that it has built over the years.
The Company is into manufacturing of auto components such as Pistons, Gudgeon Pins, Rings, Auto shafts required for commercial vehicles, tractors and heavy duty stationery engines. The market is divided into segments such as export market, replacement market, OEM market. The auto component manufacturers mainly cater to two types of buyers, i.e. the original equipment manufacturers (OEMs) and the Engine Overhauling segment.
In Feb.'96, the company offered for sale 12,75,000 equity shares of Rs 10 each for cash at an offer price of Rs 90 per share aggregating Rs 1147.50 lac. ... The company recently undertook de-bottlenecking / balancing activities at its plants. The company undertook and completed an expansion in the capacity of Cummins Piston Line by replacement of some of the machines with imported machines from Taiwan, with an investment of over Rs.2 crores during 1998-99.
In 2007, the Company became the first to start manufacture of Forged Steel Pistons to the Heavy Horsepower Engines Segment. In 2011, it set up a Ductile Iron Foundry and Machine Shop, venturing into precision machined parts in exhaust management, lifting and tipping systems. In 2020, it expanded the product with manufacture of Valvetrain assemblies.
During the period 2021-22, the Company acquired 100% shares of Rapid Machining Technologies Private Limited and resulting the acquisition, it became the Wholly Owned Subsidiary of the Company. Similarly, it acquired 100% shares of Lunar Enterprise Private Limited and made it a Wholly Owned Subsidiary of the Company during 2022-23.
FAQs on Menon Pistons Ltd
1. Can I buy Menon Pistons Ltd from PL Capital? ›
Yes, you can invest in Menon Pistons Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Menon Pistons Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Menon Pistons Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Menon Pistons Ltd pay dividends? ›
Yes, Menon Pistons Ltd has a consistent history of rewarding its shareholders through dividend payouts. Dividend frequency and amounts vary depending on the company’s financial performance and board approvals. Investors holding Menon Pistons Ltd shares on the record date announced by the company are eligible to receive dividends directly into their bank accounts linked with their Demat holdings.
3. What is the current share price of Menon Pistons Ltd ? ›
As of
06-Feb-2026 , 16:01:32 the share price for Menon Pistons Ltd. is ₹ 59.24 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Menon Pistons Ltd ? ›
The 52-week high and low of Menon Pistons Ltd share price is ₹ 43 - ₹ 71.85 as of
06-Feb-2026 , 16:01:32 .
