Indian private-sector small-caliber ammunition maker expanding into medium caliber
Hughes Precision Manufacturing Pvt. Ltd., incorporated in 2016, is an Indian private-sector ammunition manufacturer with an 8,000 m² plant at Verna Industrial Estate, Goa, able to make about 80 million small-caliber rounds a year, and a marketing office in New Delhi. It supplies the Indian Army, police and paramilitary forces and exports to customers in more than 20 countries; the company says it is India's only manufacturer and exporter of high-precision sniper ammunition used by special forces. On 2026-09-23 it said it had completed a ₹250+ crore primary and secondary round from ultra-high-net-worth individuals to expand capacity to 220 million rounds and enter medium-caliber ammunition. Sanjay Soni is Managing Director and Shashi Soni is chairperson.
Defense📍 Goa, IndiaFounded 2016
Current Valuation
Private
PRIVATE
IPO Outlookprivate
Is Hughes Precision going public?
No. Hughes Precision is private and has not filed to go public. There is no S-1 on file.
What is Hughes Precision's valuation in 2026?
No confirmed valuation is on record for Hughes Precision. The roster shows funding and investors where they are public; it does not estimate a mark.
Has Hughes Precision filed an S-1?
No public S-1 is on file for Hughes Precision.
Is Hughes Precision publicly traded — can you buy Hughes Precision stock?
No. Hughes Precision is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Hughes Precision on its Pre-IPO Access Desk.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Company Profile
CEO
Sanjay Soni (Managing Director)
Founded
2016
HQ
Goa, India
Growth
Order book above ₹1,000 crore (Sept 2026); customers in 20+ countries
Primary + secondary investment round · $26.11M · 2 mo ago
private1 disclosed rounds
Funding History
Round
Amount
Date
Lead Investor
Post-Money
Primary + secondary investment round
$26.11M
Sep 2026
—
—
Vertical Intelligence — Defense / Aerospace
No name-verified federal prime awards for Hughes Precision in the last 36 months on USASpending.gov — revenue may be classified, flow through subcontracts, or be non-US. Absence of a registry match is reported as-is.
Checked usaspending.gov as of 2026-11-04. Re-checked weekly.
Talent Signal
Hiring trend
▶ Hiring steady
0% vs 2026-09
Open roles
1
via ashby
Product-build share
0%
engineering, research, product, design
Trajectory
steady
go-to-market push — Only 0% of open roles build product — hiring is concentrated in sales/marketing/ops (1 of 1 open roles are other).
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by function
■ product-building ■ go-to-market / G&A
Analyst
Counted from Hughes Precision's live job board as of 2026-10-27; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
Founders & Key People
Sanjay SoniVed Prakash Soni
Products
Small-caliber ammunition
High-precision sniper ammunition
Medium-caliber ammunition (planned)
DefenseAmmunitionIndiaManufacturingMake in IndiaExports
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of recent date. Refreshed quarterly.