Funding
Hughes Precision Manufacturing Pvt. Ltd.
Business & Industrial Markets • Ammunition Manufacturing
Amount Raised
$26M
~ ₹250 Cr
Round & Type
Funding Round
Private Equity
Funding Date
Sep 22, 2026
Q3 2026
Lead Investor
Undisclosed
info
Company Overview & Solution
Goa-based integrated private-sector ammunition manufacturer serving domestic defense requirements and global customers.
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Product & Solution
Small-caliber and medium-caliber ammunition.
target
Target Market & ICP
Indian Armed Forces, Paramilitary, International Defense Customers
paid
Deal Terms & Syndicate Intelligence
Funding Round
N/A
Funding Type
Private Equity
Amount Raised (USD)
$26M
Amount (INR / Original)
₹250 Cr
Date of Funding
Sep 22, 2026
Lead Investor
Undisclosed
Syndicate / All Backers
Family Offices, Ultra-High-Net-Worth Individuals
Investor Structure
2 Investor(s) • Family Offices, UHNIs
Use of Funds
Expansion of small-caliber ammunition manufacturing capacity and establishment of a dedicated medium-caliber ammunition manufacturing facility.
business
Company Profile & Footprint
Vertical
Business & Industrial Markets
Sub-Vertical
Ammunition Manufacturing
Segment
Aerospace & Defense
Sub-Segment
Ammunition Manufacturing
Business Model
B2G and B2B Manufacturing
Year Founded
2016
Team Size at Funding
N/A
Headquarters
Panaji, Goa, India
groups
Leadership & Executive Intelligence
Founders & Leadership
Sanjay Soni
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Verified Primary Sources & Coverage