Indrason Precision Engineering Private Limited

Manufacturer of tractor parts, sheet metal components, gearboxes, axles, and cabinets since 1980.

1980 | Chandigarh (India) | Active
Last Updated: January 09, 2025

Indrason Precision Engineering Profile

Key Indicators

  • Authorised Capital ₹ 1.75 Cr
  • Paid Up Capital ₹ 7.97 M
  • Company Age 44 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.00 M
  • Satisfied Charges ₹ 16.70 Cr
  • Revenue Growth %
  • Profit Growth -4218.86%
  • Ebitda 48.96%
  • Net Worth -6.79%
  • Total Assets 0.76%

About Indrason Precision Engineering

Indrason Precision Engineering Private Limited (IPEPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 April 1980 and has a history of 44 years and ten months. Its registered office is in Chandigarh, India.

The Corporate was formerly known as Bright And Black Precision Fastners Pvt Ltd. The Company is engaged in the Automotive 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 1.75 Cr and a paid-up capital of Rs 7.97 M.

The company currently has active open charges totaling ₹3.00 M. The company has closed loans amounting to ₹16.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ravi Singh, Harbans Singh, and Jyoti Joshi serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28991CH1980PTC004155

  • Company No.

    004155

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Apr 1980

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Automotive

What products or services does Indrason Precision Engineering Private Limited offer?

Indrason Precision Engineering Private Limited offers a wide range of products and services, including Wire Mesh & Gratings, Perforated Sheets, Enclosures & Cabinets, Metal Enclosures, Metal & Metal Made Products, Aluminum Sheets.

Who are the key members and board of directors at Indrason Precision Engineering?

Board Members (3)

NameDesignationAppointment DateStatus
Ravi Singh Country flag representing In Director 01-Aug-2019Current
Harbans Singh Country flag representing In Director 10-Oct-2020Current
Jyoti Joshi Country flag representing In Director 01-Sep-2023Current

Financial Performance of Indrason Precision Engineering.

Indrason Precision Engineering Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 4218.86% decrease in profit. The company's net worth dipped by a decrease of 6.79%.

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
Revenue from Operations
6215.72%
Total Assets
0.76%
Profit or Loss
-4218.86%
Net Worth
-6.79%
EBITDA
48.96%

What is the Ownership and Shareholding Structure of Indrason Precision Engineering?

In 2018, Indrason Precision Engineering had a promoter holding of 51.11% and a public holding of 48.89%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.30 Cr

Satisfied Charges

₹16.70 Cr

Charges Breakdown by Lending Institutions

  • Director Of Industries : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
31 Dec 2013Director Of Industries₹3.00 MOpen
25 Nov 2011Punjab National Bank₹4.12 CrSatisfied
08 Feb 2011Uco Bank₹5.00 CrSatisfied
24 Dec 2010Bank Of Baroda₹6.58 CrSatisfied
18 Mar 1999Punjab State Co-Operative Bank Ltd.₹1.00 CrSatisfied

How Many Employees Work at Indrason Precision Engineering?

Indrason Precision Engineering has a workforce of 64 employees as of Apr 04, 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 Indrason Precision Engineering, 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 Indrason Precision Engineering'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 Indrason Precision Engineering

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Indrason Precision Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Director Appointment

    Jyoti Joshi was appointed as a Director was appointed as a Director on 01 Sep 2023 & has been associated with this company since 1 year 5 months .

    01 Sep 2023

  • Charges

    A charge registered on 08 Feb 2011 via Charge ID 10265723 with Uco Bank was fully satisfied on 20 Oct 2020.

    20 Oct 2020

  • Director Appointment

    Harbans Singh was appointed as a Director was appointed as a Director on 10 Oct 2020 & has been associated with this company since 4 years 4 months .

    10 Oct 2020

  • Director Appointment

    Ravi Inder Singh was appointed as a Director was appointed as a Director on 01 Aug 2019 & has been associated with this company since 5 years 6 months .

    01 Aug 2019

Frequently asked questions

  • Indrason Precision Engineering Private Limited was incorporated on 01 Apr 1980.

  • The authorized share capital of Indrason Precision Engineering Private Limited is ₹ 1.75 Cr and paid-up capital is ₹ 7.97 M.

  • Currently 3 directors are associated with Indrason Precision Engineering Private Limited.

    • Ravi Inder Singh
    • Harbans Singh
    • Jyoti Joshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Indrason Precision Engineering Private Limited is Plot No. 151 Industrial Area Phase 2, India, Chandigarh, 160002.

  • The corporate identification number (CIN) of Indrason Precision Engineering Private Limited is U28991CH1980PTC004155 and the company number is 004155 as per Ministry of Corporate Affairs (MCA).

  • As Per 2022 financial reports, 64 employees are currently employed by Indrason Precision Engineering Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Indrason Precision Engineering Private Limited has experienced an downturn of -6.79%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Indrason Precision Engineering Private Limited amount to ₹ 3.00 M.

  • The most recent Balance Sheet for Indrason Precision Engineering Private Limited was filed with the ROC on 31 Mar 2024.

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