Hew Precision Works Private Limited

Manufacturer and trader of material handling equipment for various industries, established in 2005.

2005 | Pune, Maharashtra (India) | Active
Last Updated:

Hew Precision Works Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 19 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.51 Cr
  • Satisfied Charges ₹ 3.23 Cr
  • Revenue Growth 31.78%
  • Profit Growth -53.58%
  • Ebitda -59.22%
  • Net Worth 4.60%
  • Total Assets 13.93%

About Hew Precision Works

Hew Precision Works Private Limited (HPWPL) is a Private Limited Indian Non-Government Company incorporated in India on 31 May 2005 and has a history of 19 years and nine months. Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹4.51 Cr. The company has closed loans amounting to ₹3.23 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jyotsna Shahakar and Dinesh Shahakar serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    hewprecision.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29299PN2005PTC020809

  • Company No.

    020809

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 May 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Information Technology

What products or services does Hew Precision Works Private Limited offer?

Hew Precision Works Private Limited offers a wide range of products and services, including Machine & Precision Tools, Workholding Fixtures, Cranes, Forklift & Lifting Machines, Crane Trolley, Conveyor Systems & Components, Conveyors, Die Casting & Investment Castings, Die Casting, Carts, Dollies & Trolleys, Metal Trolley.

Who are the key members and board of directors at Hew Precision Works?

Board Members (2)

NameDesignationAppointment DateStatus
Jyotsna Shahakar Country flag representing In Director 31-May-2005Current
Dinesh Shahakar Country flag representing In Director 31-May-2005Current

Financial Performance of Hew Precision Works.

Hew Precision Works Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 31.78% increase. The company also saw a substantial fall in profitability, with a 53.58% decrease in profit. The company's net worth moved up by a moderate rise of 4.6%.

Hew Precision Works revenue growth over time
Hew Precision Works 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
31.78%
Revenue from Operations
39.16%
Total Assets
13.93%
Profit or Loss
-53.58%
Net Worth
4.60%
EBITDA
-59.22%

What is the Ownership and Shareholding Structure of Hew Precision Works?

In 2020, Hew Precision Works 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

₹45.05 M

Satisfied Charges

₹32.26 M

Charges Breakdown by Lending Institutions

  • Others : 4.51 Cr

Latest Charge Details

DateLenderAmountStatus
02 Dec 2020Others₹2.00 MOpen
02 Mar 2020Others₹4.31 CrOpen
29 Jul 2015Corporation Bank₹1.70 MSatisfied
09 Jul 2015Corporation Bank₹1.60 CrSatisfied
03 Jul 2015Corporation Bank₹2.79 MSatisfied

How Many Employees Work at Hew Precision Works?

Hew Precision Works has a workforce of 20 employees as of Apr 08, 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.

Employee growth trends for Hew Precision Works Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hew Precision Works, 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 Hew Precision Works'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 Hew Precision Works

Recent activity within the organization

  • Annual General Meeting

    Hew Precision Works Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Hew Precision Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Charges

    A charge with Others of Rs. 43.05 M registered on 02 Mar 2020 with Charge ID 100334545 was modified on 03 Nov 2023.

  • Charges

    A charge with Others amounted to Rs. 2.00 M with Charge ID 100396745 was registered on 02 Dec 2020.

  • Charges

    A charge registered on 29 Jul 2015 via Charge ID 10591974 with Corporation Bank was fully satisfied on 31 Mar 2020.

  • Charges

    A charge registered on 09 Jul 2015 via Charge ID 10591978 with Corporation Bank was fully satisfied on 31 Mar 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Hew Precision Works Private Limited?

    Hew Precision Works Private Limited was incorporated on 31 May 2005.

  • What is authorized share capital and paid-up capital of Hew Precision Works Private Limited?

    The authorized share capital of Hew Precision Works Private Limited is ₹ 1.50 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Hew Precision Works Private Limited?

    Currently 2 directors are associated with Hew Precision Works Private Limited.

    • Jyotsna Dinesh Shahakar
    • Dinesh Jaykumar Shahakar

  • What is the registered address of Hew Precision Works Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hew Precision Works Private Limited is Plot No 75A/1 Gen Blook Midc, Bhosari India, Pune, Maharashtra, 411026.

  • What is the corporate identification number (CIN) and company number of Hew Precision Works Private Limited?

    The corporate identification number (CIN) of Hew Precision Works Private Limited is U29299PN2005PTC020809 and the company number is 020809 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Hew Precision Works Private Limited?

    The Official website of Hew Precision Works Private Limited is https://www.hewprecision.com

  • What has been the recent revenue trend for Hew Precision Works Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Hew Precision Works Private Limited has risen by 31.78%.

  • How many employees does Hew Precision Works Private Limited currently have?

    As Per 2022 financial reports, 20 employees are currently employed by Hew Precision Works Private Limited.

  • What change has been observed in the net worth of Hew Precision Works Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Hew Precision Works Private Limited has experienced an upsurge of 4.60%.

  • What are the total open charges for Hew Precision Works Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Hew Precision Works Private Limited amount to ₹ 4.51 Cr.

  • When was the last Balance Sheet of Hew Precision Works Private Limited filed with the ROC?

    The most recent Balance Sheet for Hew Precision Works Private Limited was filed with the ROC on 31 Mar 2024.

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