Nibe Limited has received a purchase order worth INR 259.6 million from a domestic infrastructure and defence company for the supply of gun stand assemblies. The contract, inclusive of all taxes and duties, will be delivered in tranches and is scheduled for completion by November 30, 2026.
According to details shared by the company, the order does not fall under related party transactions, and there is no involvement of the promoter group in the awarding entity. The customer’s name has not been disclosed.
Nibe Limited is an India-based engineering company engaged in the manufacture of components and systems for the defence and infrastructure sectors. The company is headquartered in Chakan, Pune.
Nibe is actively involved in defence manufacturing, with capabilities spanning artillery systems, missile launchers for programs such as Pinaka and MRSAM, tank turrets, modular military bridges, jet blast deflectors, and structural systems for land and naval applications. It also produces high-precision components for missiles, rocket launchers, light machine guns, and assault rifles, supported by CNC and VMC machining facilities.
The company operates manufacturing units in Pune and Shirdi. It recently commissioned a missile systems complex and a precision machining unit in Pune to enhance its defence and aerospace production capabilities.
To expand its portfolio, Nibe has entered into partnerships and joint ventures such as a collaboration with South Korea’s HBE for forging facilities and a term sheet with U.S.-based Sig Sauer for manufacturing military and law enforcement products in India. Its clients include the Indian Army, Navy, and Air Force, along with international defence firms, including an Israeli customer for rocket launchers.
Nibe Limited’s integrated operations in design, engineering, and manufacturing, along with strategic partnerships, support its position as a growing contributor to India’s defence production capacity.