The raids were carried out on suspicion that the company was indulging in tax evasion, officials said.
"District unit of investigation wing of IT raided the company's Mumbai based registered office and factory premises at Pithampur. Besides, the company's corporate office and places of directors were searched here," an IT top official said.
During raids, incriminating documents, hard disc of computers and laptop have been seized, he said, adding, that these will be being examined threadbare.
The official said that 125 I-T officers and 80 policemen carried out the raids.