Praveen Precision Products Private Limited
Founded in 1976 and headquartered in Karnataka, India.
1976 | Bangaluru, Karnataka (India) | Active
Praveen Precision Products Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 48 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 0.51 M
- Revenue Growth -56.04%
- Profit Growth -69.10%
- Ebitda 54.15%
- Net Worth 5.86%
- Total Assets 8.17%
About Praveen Precision Products
Praveen Precision Products Private Limited (PPPPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 September 1976 and has a history of 48 years and six months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Trading 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 0.50 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹0.51 M.
Shivkumar Sivappa, Prema Shivakumar, Benakesh Shivakumar, and One other member serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29220KA1976PTC003054
- Company No.
003054
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Sep 1976
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Trading
Who are the key members and board of directors at Praveen Precision Products?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shivkumar Sivappa  | Managing Director | 27-Apr-1977 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Benakesh Shivakumar | Director | 19-Jul-2006 | Current |
| Prema Shivakumar | Director | 15-Oct-1997 | Current |
| Shruthi Shivakumar | Additional Director | 20-Jan-2018 | Current |
Financial Performance of Praveen Precision Products.
Praveen Precision Products Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 56.04% decrease. The company also saw a substantial fall in profitability, with a 69.1% decrease in profit. The company's net worth moved up by a moderate rise of 5.86%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Praveen Precision Products?
In 2017, Praveen Precision Products had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
Open Charges
₹0.51 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Karnataka State Financial Corporation : 0.03 Cr
- State Bank Of Mysore : 0.02 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Feb 1990 | State Bank Of Mysore | ₹0.10 M | Open |
| 17 Oct 1985 | Karnataka State Financial Corporation | ₹0.07 M | Open |
| 13 Dec 1979 | State Bank Of Mysore | ₹0.08 M | Open |
| 16 May 1977 | Karnataka State Financial Corporation | ₹0.27 M | Open |
How Many Employees Work at Praveen Precision Products?
Unlock and access historical data on people associated with Praveen Precision Products, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Praveen Precision Products, 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 Praveen Precision Products'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 Praveen Precision Products
Recent activity within the organization
- Annual General Meeting
Praveen Precision Products Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Praveen Precision Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Shruthi Shivakumar was appointed as a Additional Director was appointed as a Additional Director on 20 Jan 2018 & has been associated with this company since 7 years 2 months .
- Director Appointment
Benakesh Shivakumar was appointed as a Director was appointed as a Director on 19 Jul 2006 & has been associated with this company since 18 years 8 months .
- Director Appointment
Prema Shivakumar was appointed as a Director was appointed as a Director on 15 Oct 1997 & has been associated with this company since 27 years 5 months .
- Charges
A charge with State Bank Of Mysore amounted to Rs. 0.10 M with Charge ID 90193519 was registered on 17 Feb 1990.
Frequently asked questions
What is the Incorporation or founding date of Praveen Precision Products Private Limited?
Praveen Precision Products Private Limited was incorporated on 13 Sep 1976.
What is authorized share capital and paid-up capital of Praveen Precision Products Private Limited?
The authorized share capital of Praveen Precision Products Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Praveen Precision Products Private Limited?
Currently 4 directors are associated with Praveen Precision Products Private Limited.
- Shivkumar Sivappa
- Prema Shivakumar
- Benakesh Shivakumar
- Shruthi Shivakumar
What is the registered address of Praveen Precision Products Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Praveen Precision Products Private Limited is No.2 Iii Main Rd. Newtharagupet, India, Bangalore, Karnataka, 560002.
What is the corporate identification number (CIN) and company number of Praveen Precision Products Private Limited?
The corporate identification number (CIN) of Praveen Precision Products Private Limited is U29220KA1976PTC003054 and the company number is 003054 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Praveen Precision Products Private Limited?
According to the financial reports for the fiscal year 2017, the revenue trend for Praveen Precision Products Private Limited has fallen by -56.04%.
What change has been observed in the net worth of Praveen Precision Products Private Limited, and by what percentage?
The financial reports for the fiscal year 2017 indicates that The net worth of Praveen Precision Products Private Limited has experienced an upsurge of 5.86%.
What are the total open charges for Praveen Precision Products Private Limited?
As per the financial statements for fiscal Year 2017, The total open charges for Praveen Precision Products Private Limited amount to ₹ 0.51 M.
When was the last Balance Sheet of Praveen Precision Products Private Limited filed with the ROC?
The most recent Balance Sheet for Praveen Precision Products Private Limited was filed with the ROC on 31 Mar 2024.