Gem Precision Tool Private Limited

Manufactures and trades precision tools and components for various industries, established in 1990.

1990 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: July 28, 2024

Gem Precision Tool Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 4.50 M
  • Company Age 34 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.15 Cr
  • Satisfied Charges ₹ 2.68 Cr
  • Revenue Growth 0.08%
  • Profit Growth 6.47%
  • Ebitda 26.08%
  • Net Worth 4.43%
  • Total Assets 31.95%

About Gem Precision Tool

Gem Precision Tool Private Limited (GPTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 June 1990 and has a history of 34 years and seven months. Its registered office is in Coimbatore, Tamil Nadu, 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 1.25 Cr and a paid-up capital of Rs 4.50 M.

The company currently has active open charges totaling ₹8.15 Cr. The company has closed loans amounting to ₹2.68 Cr, as per Ministry of Corporate Affairs (MCA) records.

Senniappan Naveen and Seniappan Karuppuswamy serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gemprecisiontools.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109TZ1990PTC002775

  • Company No.

    002775

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jun 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Machinery and Equipment

What products or services does Gem Precision Tool Private Limited offer?

Gem Precision Tool Private Limited offers a wide range of products and services, including Drilling Bits, Collets and Chucks, Machine Collet, Drill Chucks, Nails, Fasteners, Rivets & Shackles, Studs, Cutting Tools & Milling Cutter, Collet Adapter, Drilling & Boring Equipment, Drill Bits, Pliers, Screwdrivers & Hammers.

Who are the key members and board of directors at Gem Precision Tool?

Board Members (2)

Name Designation Appointment Date Status
Senniappan Naveen Country flag representing In Director 16-Sep-2021 Current
Seniappan Karuppuswamy Country flag representing In Director 27-Jun-1990 Current

Financial Performance of Gem Precision Tool.

Gem Precision Tool Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.08% increase. The company also saw a slight improvement in profitability, with a 6.47% increase in profit. The company's net worth moved up by a moderate rise of 4.43%.

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
0.08%
Revenue from Operations
0.12%
Total Assets
31.95%
Profit or Loss
6.47%
Net Worth
4.43%
EBITDA
26.08%

What is the Ownership and Shareholding Structure of Gem Precision Tool?

In 2023, Gem Precision Tool 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

₹8.15 Cr

Satisfied Charges

₹2.68 Cr

Charges Breakdown by Lending Institutions

  • Others : 4.94 Cr
  • Hdfc Bank Limited : 2.66 Cr
  • Small Industries Development Bank Of India : 0.56 Cr

Latest Charge Details

Date Lender Amount Status
28 Nov 2023 Others ₹2.85 Cr Open
20 May 2022 Others ₹2.09 Cr Open
03 Oct 2018 Hdfc Bank Limited ₹2.66 Cr Open
29 Dec 2011 Small Industries Development Bank Of India ₹5.61 M Open
22 Nov 2006 State Bank Of India ₹1.68 Cr Satisfied

How Many Employees Work at Gem Precision Tool?

Gem Precision Tool has a workforce of 9 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 Gem Precision Tool, 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 Gem Precision Tool'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 Gem Precision Tool

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 2.85 Cr with Charge ID 100828916 was registered on 28 Nov 2023.

    28 Nov 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Gem Precision Tool Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 2.09 Cr with Charge ID 100581542 was registered on 20 May 2022.

    20 May 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 2.66 Cr registered on 03 Oct 2018 with Charge ID 100218795 was modified on 25 Nov 2021.

    25 Nov 2021

  • Director Appointment

    Senniappan Karupusamy Naveen was appointed as a Director was appointed as a Director on 16 Sep 2021 & has been associated with this company since 3 years 5 months .

    16 Sep 2021

Frequently asked questions

  • Gem Precision Tool Private Limited was incorporated on 27 Jun 1990.

  • The authorized share capital of Gem Precision Tool Private Limited is ₹ 1.25 Cr and paid-up capital is ₹ 4.50 M.

  • Currently 2 directors are associated with Gem Precision Tool Private Limited.

    • Senniappan Karupusamy Naveen
    • Seniappan Karuppuswamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gem Precision Tool Private Limited is 10-B Dhanalakshmi Nagarextension Sidhapudur, Coimbatore, Tamil Nadu, India, 641044.

  • The corporate identification number (CIN) of Gem Precision Tool Private Limited is U27109TZ1990PTC002775 and the company number is 002775 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gem Precision Tool Private Limited is https://www.gemprecisiontools.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gem Precision Tool Private Limited has risen by 0.08%.

  • As Per 2023 financial reports, 9 employees are currently employed by Gem Precision Tool Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gem Precision Tool Private Limited has experienced an upsurge of 4.43%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Gem Precision Tool Private Limited amount to ₹ 8.15 Cr.

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

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