Ashwin Precision Products Private Limited

Manufactures precision machined components for various industries, located in Bangalore.

1997 | Bangaluru, Karnataka (India) | Active
Last Updated: November 15, 2024

Ashwin Precision Products Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 10.00 M
  • Company Age 27 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 64.52 Cr
  • Satisfied Charges ₹ 21.49 Cr
  • Revenue Growth 12.36%
  • Profit Growth 14.52%
  • Ebitda 2.30%
  • Net Worth 19.53%
  • Total Assets 12.71%

About Ashwin Precision Products

Ashwin Precision Products Private Limited (APPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 November 1997 and has a history of 27 years and two months. Its registered office is in Bangaluru, Karnataka, India.

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 10.00 M.

The company currently has active open charges totaling ₹64.52 Cr. The company has closed loans amounting to ₹21.49 Cr, as per Ministry of Corporate Affairs (MCA) records.

Babu Sriramulu, Yamuna Babu, and Ashwin Babu serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ashwinindia.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29220KA1997PTC023085

  • Company No.

    023085

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Nov 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

Who are the key members and board of directors at Ashwin Precision Products?

Board Members (3)

NameDesignationAppointment DateStatus
Babu Sriramulu Country flag representing In Director 28-Nov-1997Current
Yamuna Babu Country flag representing In Director 28-Nov-1997Current
Ashwin Babu Country flag representing In Director 15-May-2000Current

Financial Performance of Ashwin Precision Products.

Ashwin Precision Products Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.36% increase. The company also saw a substantial improvement in profitability, with a 14.52% increase in profit. The company's net worth Soared by an impressive increase of 19.53%.

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
12.36%
Revenue from Operations
11.31%
Total Assets
12.71%
Profit or Loss
14.52%
Net Worth
19.53%
EBITDA
2.30%

What is the Ownership and Shareholding Structure of Ashwin Precision Products?

In 2023, Ashwin Precision Products had a promoter holding of 68.99% and a public holding of 31.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹64.52 Cr

Satisfied Charges

₹21.49 Cr

Charges Breakdown by Lending Institutions

  • Others : 40.77 Cr
  • Axis Bank Limited : 20.68 Cr
  • Pnb Housing Finance Limited : 2.47 Cr
  • Small Industries Development Bank Of India : 0.60 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jun 2023Others₹9.60 CrOpen
25 Feb 2022Axis Bank Limited₹5.00 MOpen
25 Sep 2020Others₹2.07 CrOpen
29 Feb 2020Others₹3.00 CrOpen
28 Nov 2019Others₹9.97 CrOpen

How Many Employees Work at Ashwin Precision Products?

Ashwin Precision Products has a workforce of 116 employees as of Apr 09, 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 Ashwin Precision Products, 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 Ashwin Precision Products'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 Ashwin Precision Products

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 9.60 Cr registered on 24 Jun 2023 with Charge ID 100755435 was modified on 27 Jun 2023.

    27 Jun 2023

  • Charges

    A charge with Others amounted to Rs. 9.60 Cr with Charge ID 100755435 was registered on 24 Jun 2023.

    24 Jun 2023

  • Balance Sheet

    Ashwin Precision Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100542462 was registered on 25 Feb 2022.

    25 Feb 2022

  • Charges

    A charge with Others of Rs. 2.07 Cr registered on 25 Sep 2020 with Charge ID 100394657 was modified on 08 Feb 2021.

    08 Feb 2021

Frequently asked questions

  • Ashwin Precision Products Private Limited was incorporated on 28 Nov 1997.

  • The authorized share capital of Ashwin Precision Products Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 10.00 M.

  • Currently 3 directors are associated with Ashwin Precision Products Private Limited.

    • Babu Sriramulu
    • Yamuna Babu
    • Ashwin Babu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ashwin Precision Products Private Limited is No A-158 3Rd Cross First Stage, Peenya Industrial Estate India, Bengaluru, Karnataka, 560058.

  • The corporate identification number (CIN) of Ashwin Precision Products Private Limited is U29220KA1997PTC023085 and the company number is 023085 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ashwin Precision Products Private Limited is https://www.ashwinindia.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ashwin Precision Products Private Limited has risen by 12.36%.

  • As Per 2023 financial reports, 116 employees are currently employed by Ashwin Precision Products Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ashwin Precision Products Private Limited has experienced an upsurge of 19.53%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ashwin Precision Products Private Limited amount to ₹ 64.52 Cr.

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