Presstonic Engineering Ltd, originally established as Presston Engineering Corporation in 1996, evolved from a partnership to a private company in 2021 and further transitioned into a public entity in 2023. Based in Bangalore, the company initiated its operations in 2011, focusing on the Metro Rail sector. It specializes in manufacturing a wide array of products for Metro Rail Rolling Stock and Signaling, including interior components like seats and grab poles, as well as non-interior elements such as cable management systems and driver simulators. Additionally, Presstonic produces infrastructure products supporting solar panels and cable trays.
The company serves both global and domestic OEMs in the rail and metro sectors, with a manufacturing plant in North Bangalore equipped with state-of-the-art machinery. Currently, Presstonic Engineering Ltd is advancing its growth strategy by proposing a public offer of 32,36,800 equity shares to raise Rs. 23.30 Crores, aiming to expand its capital base and business operations.
