Precimax Bearings Private Limited

Trading and distributing bearings made of various materials for engineering goods.

1992 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Who are the key members and board of directors at Precimax Bearings?

Board Members (3)

NameDesignationAppointment DateStatus
Shridhar Iyer Country flag representing In Director 04-Dec-1992Current
Digambar Joshi Country flag representing In Director 07-Aug-2010Current
Anuradha Joshi Country flag representing In Director 24-Dec-2004Current

Financial Performance of Precimax Bearings.

Precimax Bearing Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 47.83% increase. The company also saw a substantial improvement in profitability, with a 386.38% increase in profit. The company's net worth Soared by an impressive increase of 28.59%.

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
47.83%
Revenue from Operations
49.45%
Total Assets
23.18%
Profit or Loss
386.38%
Net Worth
28.59%
EBITDA
237.02%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹27.00 M

Satisfied Charges

₹10.80 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 2.70 Cr

Latest Charge Details

DateLenderAmountStatus
17 Nov 2023State Bank Of India₹2.70 CrOpen
22 Mar 2007State Bank Of India₹4.90 MSatisfied
02 Mar 1996Bank Of Indiaa₹5.90 MSatisfied

How Many Employees Work at Precimax Bearings?

Unlock and access historical data on people associated with Precimax Bearings, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

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Alerts

Latest Updates, News, and FAQs on Precimax Bearings

Recent activity within the organization

  • Charges

    A charge with State Bank Of India amounted to Rs. 27.00 M with Charge ID 100844082 was registered on 17 Nov 2023.

    17 Nov 2023

  • Annual General Meeting

    Precimax Bearings Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Precimax Bearings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 22 Mar 2007 via Charge ID 10288741 with State Bank Of India was fully satisfied on 16 Oct 2021.

    16 Oct 2021

  • Charges

    A charge registered on 02 Mar 1996 via Charge ID 90166435 with Bank Of Indiaa was fully satisfied on 16 Oct 2021.

    16 Oct 2021

  • Director Appointment

    Digambar Uddhav Joshi was appointed as a Director was appointed as a Director on 07 Aug 2010 & has been associated with this company since 14 years 5 months .

    07 Aug 2010

Frequently asked questions

  • Precimax Bearings Private Limited was incorporated on 04 Dec 1992.

  • The authorized share capital of Precimax Bearings Private Limited is ₹ 5.00 M and paid-up capital is ₹ 0.19 M.

  • Currently 3 directors are associated with Precimax Bearings Private Limited.

    • Shridhar A Iyer
    • Digambar Uddhav Joshi
    • Anuradha Joshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Precimax Bearings Private Limited is B/57/547 Gandhi Nagar, Bandra (East) India, Mumbai, Maharashtra, 400051.

  • The corporate identification number (CIN) of Precimax Bearings Private Limited is U29130MH1992PTC069906 and the company number is 069906 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Precimax Bearings Private Limited has risen by 47.83%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Precimax Bearings Private Limited has experienced an upsurge of 28.59%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Precimax Bearings Private Limited amount to ₹ 2.70 Cr.

  • The most recent Balance Sheet for Precimax Bearings Private Limited was filed with the ROC on 31 Mar 2023.