The company was originally formed as a private limited Company in the name and style of ‘Macpower CNC Machines Private Limited’ in Gujarat and received a Certificate of Incorporation issued by Registrar of Companies, Gujarat on December 31, 2003. Consequently, it was converted into a public limited company pursuant to shareholders resolution passed at Extra-ordinary General Meeting of the company held on November 3, 2017 and the name of the company was changed to ‘Macpower CNC Machines Limited’ and a fresh certificate of incorporation consequent upon Conversion of Private Company to Public Limited dated November 16, 2017 was issued by Registrar of Companies, Gujarat, Ahmedabad.

Business area of the Company

The company is engaged in manufacturing of CNC Turning Centers, Vertical Machining Centers, Horizontal Machining Centers, Cylindrical Grinder, Vertical Turret Lathe, Turn Mill Centers, Drill Tap Center, Twin Spindle VMC and also Multi Tasking, 5-axis along with sub spindle. The company has also offered Robotic Automation integrated with CNC machines. CNC Machining is a process used in the manufacturing sector that involves the use of computers to control machine tools. The company imports various components and parts i.e. Spindle, Ball Screw, Linear Guide ways, Linear Glass Scale, Live Tool Turret, Live Tool Holder, Probe, CNC System from Taiwan, Germany, Japan, Italy etc. They have catered to over 178 customers with total 213 Machines during the six months ended September 30, 2017 and 236 customers with total 343 Machines in Financial Year 2017 across various sectors like Automobile, Agriculture, Earth Moving Equipment’s, Bearings, General Engineering, Aerospace, Metal, Petroleum, Construction Industries, Defense, PSUs.

Major Events and Milestones:

• 2003: Incorporation of the company.
  
• 2004: Best design award for Speed LX 200 Super at Engineering Expo in 2004.
  
• 2011: Central Excise: Rajkot Awarded, 4th position in highest excise tax payer in the year 2010-11.
  
• 2013: FIE Foundation Award at IMTEX 2013, Bangalore for designing excellence for model TURN ‘O’ Mill 200.
  
• 2015: FIE Foundation Award at IMTEX 2015 for Designing Excellence of Multitasking Machine Turn O’ Mill Y S.
  
• 2017: FIE Foundation Award at IMTEX 2017 for Designing Excellence of for Twin Spindle VMC V855 Twin Head.
  
• 2017: Conversion from Private Company to Public Company.