Marshall Machines Rights Issue Details 2023

Marshall Machines Limited was established in May 1994. The company is engaged in the development, manufacture and marketing of machine tools. The company was originally founded by Mr. Gautam Sarup, who started the company more than 54 years ago under the name “Marshall Industries” initially to manufacture hosiery machines. In the years that followed, the company shifted to designing and manufacturing high precision bench lathes, heavy duty lathes and center lathes, selling thousands of them across the country. The company became a well-known brand in the design and manufacture of high precision bench lathes, heavy duty lathes and cross spindle lathes and was one of the first Indian manufacturers of CNC machines, launching CNC machines as early as 1998.

Marshall Machines Limited designs, manufactures and distributes machine tools, including a wide range of single-spindle, patented two-spindle and four-spindle CNC machines, automated robotic solutions and the patent-pending Io TQ suite of intelligent devices. The company also sells machine parts for manufactured machines to buyers of existing machines.

Marshall specializes in the design and manufacture of high-performance ‘CNC lathes, including patented two- and four-spindle CNC machines, turnkey automated CNC machines (with robots) and "smart" Industry 4.0-based technologies under the name and umbrella of the patent-pending Io TQ (Internet of Things for Quality) brand. The product offering and technology solutions include.