Octagon Precision (India) Private Limited

Specializing in precision machinery manufacturing, retrofitting, and training services.

2007 | Pune, Maharashtra (India) | Active
Last Updated: July 07, 2024

Octagon Precision (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.02 M
  • Company Age 17 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 13.40 Cr
  • Satisfied Charges ₹ 8.20 M
  • Revenue Growth 4.18%
  • Profit Growth 50.42%
  • Ebitda 32.97%
  • Net Worth 17.00%
  • Total Assets 30.77%

About Octagon Precision (India)

Octagon Precision (India) Private Limited (OPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 September 2007 and has a history of 17 years and five months. Its registered office is in Pune, Maharashtra, 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 1.50 M and a paid-up capital of Rs 1.02 M.

The company currently has active open charges totaling ₹13.40 Cr. The company has closed loans amounting to ₹8.20 M, as per Ministry of Corporate Affairs (MCA) records.

Krishnaji Kulkarni, Vivek Ghodke, and Mohan Kale serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    octagon.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29299PN2007PTC130694

  • Company No.

    130694

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Sep 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

What products or services does Octagon Precision (India) Private Limited offer?

Octagon Precision (India) Private Limited offers a wide range of products and services, including Measuring Machine, Pressure Gauge, Electronic Gauges, Electronic Development Boards, Microcontroller Boards, Lighting Controllers, LED Controller, Length Measuring Machine, Weighing Scales & Measuring Tapes, Calipers.

Who are the key members and board of directors at Octagon Precision (India)?

Board Members (3)

Name Designation Appointment Date Status
Krishnaji Kulkarni Country flag representing In Director 06-Mar-2019 Current
Vivek Ghodke Country flag representing In Whole-Time Director 12-Sep-2007 Current
Mohan Kale Country flag representing In Whole-Time Director 12-Sep-2007 Current

Financial Performance of Octagon Precision (India).

Octagon Precision (India) Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.18% increase. The company also saw a substantial improvement in profitability, with a 50.42% increase in profit. The company's net worth Soared by an impressive increase of 17%.

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
4.18%
Revenue from Operations
2.44%
Total Assets
30.77%
Profit or Loss
50.42%
Net Worth
17.00%
EBITDA
32.97%

What is the Ownership and Shareholding Structure of Octagon Precision (India)?

In 2023, Octagon Precision (India) 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

₹134.00 M

Satisfied Charges

₹8.20 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 13.40 Cr

Latest Charge Details

Date Lender Amount Status
27 Sep 2022 Axis Bank Limited ₹5.40 Cr Open
26 Jul 2021 Axis Bank Limited ₹3.00 Cr Open
27 Nov 2019 Axis Bank Limited ₹2.50 Cr Open
31 Jul 2019 Axis Bank Limited ₹2.50 Cr Open
22 Jun 2009 State Bank Of India ₹8.20 M Satisfied

How Many Employees Work at Octagon Precision (India)?

Octagon Precision (India) has a workforce of 24 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Octagon Precision (India), 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 Octagon Precision (India)'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 Octagon Precision (India)

Recent activity within the organization

  • Annual General Meeting

    Octagon Precision (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Octagon Precision (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 54.00 M registered on 27 Sep 2022 with Charge ID 100623763 was modified on 24 Mar 2023.

    24 Mar 2023

  • Charges

    A charge registered on 22 Jun 2009 via Charge ID 10165533 with State Bank Of India was fully satisfied on 06 Oct 2022.

    06 Oct 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 54.00 M with Charge ID 100623763 was registered on 27 Sep 2022.

    27 Sep 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 30.00 M with Charge ID 100469415 was registered on 26 Jul 2021.

    26 Jul 2021

Frequently asked questions

  • Octagon Precision (India) Private Limited was incorporated on 12 Sep 2007.

  • The authorized share capital of Octagon Precision (India) Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.02 M.

  • Currently 3 directors are associated with Octagon Precision (India) Private Limited.

    • Krishnaji Vasudeo Kulkarni
    • Vivek Narayan Ghodke
    • Mohan Govind Kale
  • As per Ministry of Corporate Affairs (Mca), the registered address of Octagon Precision (India) Private Limited is Flat No. 3 Kanchan Apartment 19 Girija Housing Soc. Mit College Road, Pune, Maharashtra, India, 411029.

  • The corporate identification number (CIN) of Octagon Precision (India) Private Limited is U29299PN2007PTC130694 and the company number is 130694 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Octagon Precision (India) Private Limited is https://www.octagon.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Octagon Precision (India) Private Limited has risen by 4.18%.

  • As Per 2023 financial reports, 24 employees are currently employed by Octagon Precision (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Octagon Precision (India) Private Limited has experienced an upsurge of 17.00%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Octagon Precision (India) Private Limited amount to ₹ 13.40 Cr.

  • The most recent Balance Sheet for Octagon Precision (India) Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Process Machinery & Industrial Equipment