Max Precision Bearings Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 9.90 M
- Company Age 18 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 12.79 Cr
- Satisfied Charges ₹ 7.40 Cr
- Revenue Growth 26.70%
- Profit Growth 46.61%
- Ebitda 158.16%
- Net Worth 4.32%
- Total Assets -8.33%
About Max Precision Bearings
Max Precision Bearings Private Limited (MPBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 August 2006 and has a history of 18 years and eight months. Its registered office is in Junagadh, Gujarat, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 9.90 M.
The company currently has active open charges totaling ₹12.79 Cr. The company has closed loans amounting to ₹7.40 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kirag Thanki, Jayendra Vadgama, and Pinak Thanki serve as directors at the Company.
Company Details
- Location
Junagadh, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29130GJ2006PTC048925
- Company No.
048925
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Aug 2006
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Machinery and Equipment
What products or services does Max Precision Bearings Private Limited offer?
Max Precision Bearings Private Limited offers a wide range of products and services, including Ball Bearings, Deep Groove Ball Bearings, Industrial Bearings, Rolling Mill Bearing, Roller Bearings, Needle Roller Bearings, Tapered Roller Bearings.
Max Precision Bearings Private Limited
Explore comprehensive data for Max Precision Bearings Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Max Precision Bearings?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kirag Thanki  | Managing Director | 22-Aug-2006 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pinak Thanki | Director | 01-Mar-2012 | Current |
| Jayendra Vadgama | Whole-Time Director | 22-Aug-2006 | Current |
Financial Performance of Max Precision Bearings.
Max Precision Bearings Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 26.7% increase. The company also saw a substantial improvement in profitability, with a 46.61% increase in profit. The company's net worth moved up by a moderate rise of 4.32%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Max Precision Bearings?
In 2021, Max Precision Bearings had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹12.79 Cr
Satisfied Charges
₹7.40 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 12.79 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jan 2018 | Hdfc Bank Limited | ₹6.35 Cr | Open |
| 31 May 2017 | Hdfc Bank Limited | ₹6.25 Cr | Open |
| 20 Mar 2017 | Hdfc Bank Limited | ₹1.90 M | Open |
| 13 Oct 2006 | Others | ₹7.40 Cr | Satisfied |
How Many Employees Work at Max Precision Bearings?
Max Precision Bearings has a workforce of 75 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Max Precision Bearings, 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 Max Precision Bearings's trajectory.
Rating
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
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 Max Precision Bearings
Recent activity within the organization
- Annual General Meeting
Max Precision Bearings Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
- Balance Sheet
Max Precision Bearings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 6.35 Cr with Charge ID 100151421 was registered on 22 Jan 2018.
- Charges
A charge registered on 13 Oct 2006 via Charge ID 10023010 with Others was fully satisfied on 02 Aug 2017.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 6.25 Cr with Charge ID 100106394 was registered on 31 May 2017.
- Charges
A charge with Others of Rs. 7.40 Cr registered on 13 Oct 2006 with Charge ID 10023010 was modified on 17 Apr 2017.
Frequently asked questions
What is the Incorporation or founding date of Max Precision Bearings Private Limited?
Max Precision Bearings Private Limited was incorporated on 22 Aug 2006.
What is authorized share capital and paid-up capital of Max Precision Bearings Private Limited?
The authorized share capital of Max Precision Bearings Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 9.90 M.
Who are the current board members & directors of Max Precision Bearings Private Limited?
Currently 3 directors are associated with Max Precision Bearings Private Limited.
- Kirag Mansukhlal Thanki
- Jayendra Chhaganlal Vadgama
- Pinak Shashikant Thanki
What is the registered address of Max Precision Bearings Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Max Precision Bearings Private Limited is Vanthali Road Shapur India, Junagadh, Gujarat, 362205.
What is the corporate identification number (CIN) and company number of Max Precision Bearings Private Limited?
The corporate identification number (CIN) of Max Precision Bearings Private Limited is U29130GJ2006PTC048925 and the company number is 048925 as per Ministry of Corporate Affairs (MCA).
What is the official website of Max Precision Bearings Private Limited?
The Official website of Max Precision Bearings Private Limited is https://www.maxbearings.com
What has been the recent revenue trend for Max Precision Bearings Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Max Precision Bearings Private Limited has risen by 26.70%.
How many employees does Max Precision Bearings Private Limited currently have?
As Per 2022 financial reports, 75 employees are currently employed by Max Precision Bearings Private Limited.
What change has been observed in the net worth of Max Precision Bearings Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Max Precision Bearings Private Limited has experienced an upsurge of 4.32%.
What are the total open charges for Max Precision Bearings Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Max Precision Bearings Private Limited amount to ₹ 12.79 Cr.
When was the last Balance Sheet of Max Precision Bearings Private Limited filed with the ROC?
The most recent Balance Sheet for Max Precision Bearings Private Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Hiren VadgamaDirectorJT
Jignesh ThankiDirectorRB
Rajan BambhaniaDirector
Similar Companies Based on Industrial Tools & Components
Ultra Corpotech Private Limited Pune, Maharashtra, India
Skf India Limited Pune, Maharashtra, India
Triveni Engineering And Industries Limited Gautam Buddha Nagar, Uttar Pradesh, India
Subros Limited New Delhi, India
Atlas Copco (India) Private Limited Pune, Maharashtra, India
Tube Investments Of India Limited Chennai, Tamil Nadu, India
Sundram Fasteners Limited Chennai, Tamil Nadu, India
Timken India Limited Bangaluru, Karnataka, India