Preca Solutions India Profile
Key Indicators
- Authorised Capital ₹ 9.00 Cr
- Paid Up Capital ₹ 9.00 Cr
- Company Age 16 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 101.47 Cr
- Satisfied Charges ₹ 60.31 Cr
- Revenue Growth 13.17%
- Profit Growth 29.90%
- Ebitda 0.73%
- Net Worth 11.53%
- Total Assets 8.70%
About Preca Solutions India
Preca Solutions India Private Limited (PSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 July 2008 and has a history of 16 years and eight months. Its registered office is in Rangareddy, Telangana, India.
The Company is engaged in the Manufacturing 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 9.00 Cr and a paid-up capital of Rs 9.00 Cr.
The company currently has active open charges totaling ₹101.47 Cr. The company has closed loans amounting to ₹60.31 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kertesz Uriel, Nithin Chennupati, Veeravenkata Gottipati, and One other member serve as directors at the Company.
Company Details
- Location
Rangareddy, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45204TG2008PTC060318
- Company No.
060318
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Jul 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Manufacturing
What products or services does Preca Solutions India Private Limited offer?
Preca Solutions India Private Limited offers a wide range of products and services, including Construction Service, Commercial Construction Service, Building & Real Estate Developers, Prefabricated Structures, Pre Engineered Building Structure.
Who are the key members and board of directors at Preca Solutions India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Veeravenkata Gottipati  | Managing Director | 28-Jul-2008 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kertesz Uriel  | Director | 12-Dec-2016 | Current |
| Nithin Chennupati | Director | 07-Aug-2023 | Current |
Olowolafe Kayode  | Director | 13-Oct-2017 | Current |
Financial Performance of Preca Solutions India.
Preca Solutions India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.17% increase. The company also saw a substantial improvement in profitability, with a 29.9% increase in profit. The company's net worth Soared by an impressive increase of 11.53%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Preca Solutions India?
In 2023, Preca Solutions 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.
Related Corporates (Common Directorship)
- Novalis Labs Private Limited
Veeravenkata Gottipati is a mutual person
- Preca Green Holdings Private Limited
Veeravenkata Gottipati is a mutual person
- Preca Property Holdings Private Limited
Veeravenkata Gottipati is a mutual person
Charges (Loans)
Open Charges
₹101.47 Cr
Satisfied Charges
₹60.31 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 46.94 Cr
- Others : 27.21 Cr
- Axis Bank Limited : 27.20 Cr
- Magma Fincorp Limited : 0.06 Cr
- Mahindra And Mahindra Financial Services Limited : 0.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Apr 2024 | Axis Bank Limited | ₹6.97 M | Open |
| 27 Mar 2024 | Hdfc Bank Limited | ₹18.00 Cr | Open |
| 27 Mar 2024 | Hdfc Bank Limited | ₹1.19 Cr | Open |
| 30 Jun 2023 | Axis Bank Limited | ₹3.50 Cr | Open |
| 15 Sep 2022 | Hdfc Bank Limited | ₹3.55 M | Open |
How Many Employees Work at Preca Solutions India?
Preca Solutions India has a workforce of 108 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 Preca Solutions 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 Preca Solutions India'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 Preca Solutions India
Recent activity within the organization
- Charges
A charge with Axis Bank Limited amounted to Rs. 0.70 Cr with Charge ID 100918254 was registered on 24 Apr 2024.
- Charges
A charge with Axis Bank Limited of Rs. 23.00 Cr registered on 27 Mar 2018 with Charge ID 100181170 was modified on 18 Apr 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 18.00 Cr with Charge ID 100889470 was registered on 27 Mar 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.19 Cr with Charge ID 100889473 was registered on 27 Mar 2024.
- Annual General Meeting
Preca Solutions India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Director Appointment
Nithin Chennupati was appointed as a Director was appointed as a Director on 07 Aug 2023 & has been associated with this company since 1 year 7 months .
Frequently asked questions
What is the Incorporation or founding date of Preca Solutions India Private Limited?
Preca Solutions India Private Limited was incorporated on 28 Jul 2008.
What is authorized share capital and paid-up capital of Preca Solutions India Private Limited?
The authorized share capital of Preca Solutions India Private Limited is ₹ 9.00 Cr and paid-up capital is ₹ 9.00 Cr.
Who are the current board members & directors of Preca Solutions India Private Limited?
Currently 4 directors are associated with Preca Solutions India Private Limited.
- Kertesz Uriel
- Nithin Chennupati
- Veeravenkata Satish Gottipati
- Olowolafe Olatunji Kayode
What is the registered address of Preca Solutions India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Preca Solutions India Private Limited is Plot 6 D.No 2-9/5/6 Green Land Colony Gachibowli, India, Hyderabad, Telangana, 500019.
What is the corporate identification number (CIN) and company number of Preca Solutions India Private Limited?
The corporate identification number (CIN) of Preca Solutions India Private Limited is U45204TG2008PTC060318 and the company number is 060318 as per Ministry of Corporate Affairs (MCA).
What is the official website of Preca Solutions India Private Limited?
The Official website of Preca Solutions India Private Limited is https://www.preca.in
What has been the recent revenue trend for Preca Solutions India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Preca Solutions India Private Limited has risen by 13.17%.
How many employees does Preca Solutions India Private Limited currently have?
As Per 2023 financial reports, 108 employees are currently employed by Preca Solutions India Private Limited.
What change has been observed in the net worth of Preca Solutions India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Preca Solutions India Private Limited has experienced an upsurge of 11.53%.
What are the total open charges for Preca Solutions India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Preca Solutions India Private Limited amount to ₹ 101.47 Cr.
When was the last Balance Sheet of Preca Solutions India Private Limited filed with the ROC?
The most recent Balance Sheet for Preca Solutions India Private Limited was filed with the ROC on 31 Mar 2023.
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