Max Precision Bearings Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 9.90 M
- Company Age 18 Year, 6 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 six 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
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.
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
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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)
₹12.79 Cr
₹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.
