Aask Precision Engineers Private Limited

Manufactures high tensile fasteners and machine components with CNC machining for domestic and international clients.

1997 | Pune, Maharashtra (India) | Active
Last Updated: October 24, 2024

Aask Precision Engineers Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 0.10 M
  • Company Age 28 Year, 16 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.00 Cr
  • Satisfied Charges ₹ 1.47 Cr
  • Revenue Growth 9.93%
  • Profit Growth 110.18%
  • Ebitda 265.31%
  • Net Worth 6.76%
  • Total Assets -16.49%

About Aask Precision Engineers

Aask Precision Engineers Private Limited (APEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 January 1997 and has a history of 28 years. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Damwell Industries Private Limited. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.00 Cr. The company has closed loans amounting to ₹1.47 Cr, as per Ministry of Corporate Affairs (MCA) records.

Amruta Velankar, Amit Velankar, Isha Velankar, and One other member serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    aask-dam.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28991PN1997PTC105446

  • Company No.

    105446

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jan 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

What products or services does Aask Precision Engineers Private Limited offer?

Aask Precision Engineers Private Limited offers a wide range of products and services, including Bolts, Stud Bolts, Measuring Equipments & Instruments, Measuring Machine.

Who are the key members and board of directors at Aask Precision Engineers?

Board Members (4)

Name Designation Appointment Date Status
Kushal Rao Country flag representing In Director 05-Feb-2021 Current
Amruta Velankar Country flag representing In Director 01-Jul-2008 Current
Amit Velankar Country flag representing In Director 01-Apr-2022 Current
Isha Velankar Country flag representing In Director 01-Jan-2014 Current

Financial Performance of Aask Precision Engineers.

Aask Precision Engineers Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.93% increase. The company also saw a substantial improvement in profitability, with a 110.18% increase in profit. The company's net worth moved up by a moderate rise of 6.76%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
9.93%
Revenue from Operations
10.50%
Total Assets
-16.49%
Profit or Loss
110.18%
Net Worth
6.76%
EBITDA
265.31%

What is the Ownership and Shareholding Structure of Aask Precision Engineers?

In 2023, Aask Precision Engineers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.00 Cr

Satisfied Charges

₹1.47 Cr

Charges Breakdown by Lending Institutions

  • Others : 2.00 Cr

Latest Charge Details

Date Lender Amount Status
11 Jan 2019 Others ₹2.00 Cr Open
20 Oct 2008 Bank Of Maharashtra ₹1.47 Cr Satisfied

How Many Employees Work at Aask Precision Engineers?

Aask Precision Engineers has a workforce of 23 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aask Precision Engineers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Aask Precision Engineers's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Aask Precision Engineers

Recent activity within the organization

  • Annual General Meeting

    Aask Precision Engineers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Aask Precision Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Director Appointment

    Amit Krishna Velankar was appointed as a Director was appointed as a Director on 01 Apr 2022 & has been associated with this company since 2 years 10 months .

    01 Apr 2022

  • Director Appointment

    Kushal Jaykumar Rao was appointed as a Director was appointed as a Director on 05 Feb 2021 & has been associated with this company since 4 years 8 days .

    05 Feb 2021

  • Charges

    A charge registered on 20 Oct 2008 via Charge ID 10133240 with Bank Of Maharashtra was fully satisfied on 07 Feb 2019.

    07 Feb 2019

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100237695 was registered on 11 Jan 2019.

    11 Jan 2019

Frequently asked questions

  • Aask Precision Engineers Private Limited was incorporated on 28 Jan 1997.

  • The authorized share capital of Aask Precision Engineers Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Aask Precision Engineers Private Limited.

    • Amruta Amit Velankar
    • Amit Krishna Velankar
    • Isha Amit Velankar
    • Kushal Jaykumar Rao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aask Precision Engineers Private Limited is 35 A1/1 Asmita Industrialeastate India, Pune, Maharashtra, 411038.

  • The corporate identification number (CIN) of Aask Precision Engineers Private Limited is U28991PN1997PTC105446 and the company number is 105446 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aask Precision Engineers Private Limited is https://www.aask-dam.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Aask Precision Engineers Private Limited has risen by 9.93%.

  • As Per 2023 financial reports, 23 employees are currently employed by Aask Precision Engineers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Aask Precision Engineers Private Limited has experienced an upsurge of 6.76%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Aask Precision Engineers Private Limited amount to ₹ 2.00 Cr.

  • The most recent Balance Sheet for Aask Precision Engineers Private Limited was filed with the ROC on 31 Mar 2023.

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