Precifast Profile
Key Indicators
- Authorised Capital ₹ 8.25 Cr
- Paid Up Capital ₹ 8.25 Cr
- Company Age 8 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 18.51 Cr
- Revenue Growth 98.46%
- Profit Growth 57.99%
- Ebitda 135.40%
- Net Worth -48.01%
- Total Assets 12.59%
About Precifast
Precifast Private Limited (PPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 02 May 2016 (Eight years and nine months 8 days old ). Its registered office is in Kurnool, Andhra Pradesh, 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 8.25 Cr and a paid-up capital of Rs 8.25 Cr.
The company currently has active open charges totaling ₹18.51 Cr.
Appala Sainath, Ramiah Hariharan, Sushma Palani, and Five other members serve as directors at the Company.
Company Details
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Location
Kurnool, Andhra Pradesh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U74999AP2016PTC103165
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Company No.
103165
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
02 May 2016
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Vijayawada
Industry
Who are the key members and board of directors at Precifast?
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sushma Palani
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Director | 02-May-2016 | Current |
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Malepati Premswarup
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Additional Director | 11-Jul-2017 | Current |
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Appala Sainath
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Additional Director | 11-Jul-2017 | Current |
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Ramiah Hariharan
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Additional Director | 11-Jul-2017 | Current |
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Mahima Chhabra
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Director | 02-May-2016 | Current |
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Veyyakula Das
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Director | 06-Jan-2018 | Current |
Financial Performance of Precifast.
Precifast Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 98.46% increase. The company also saw a substantial improvement in profitability, with a 57.99% increase in profit. The company's net worth observed a substantial decline by a decrease of 48.01%.
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What is the Ownership and Shareholding Structure of Precifast?
In 2023, Precifast had a promoter holding of 72.26% and a public holding of 27.74%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Nng Realty Private LimitedAppala Sainath is a mutual person
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Betamcherla Innovative Eco Stone Crushers Association
Malepati Premswarup is a mutual person
Charges (Loans)
₹18.51 Cr
₹0
Charges Breakdown by Lending Institutions
- Others : 11.80 Cr
- Canara Bank : 6.71 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Mar 2021 | Canara Bank | ₹1.00 Cr | Open |
| 05 Sep 2020 | Canara Bank | ₹3.08 Cr | Open |
| 30 Dec 2019 | Canara Bank | ₹2.63 Cr | Open |
| 17 Jul 2017 | Others | ₹11.80 Cr | Open |
How Many Employees Work at Precifast?
Precifast has a workforce of 52 employees as of Apr 06, 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 Precifast, 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 Precifast'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.
