Precimax Bearings Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 0.19 M
- Company Age 32 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.70 Cr
- Satisfied Charges ₹ 1.08 Cr
- Revenue Growth 47.83%
- Profit Growth 386.38%
- Ebitda 237.02%
- Net Worth 28.59%
- Total Assets 23.18%
About Precimax Bearings
Precimax Bearings Private Limited (PBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 December 1992 and has a history of 32 years and one month. Its registered office is in Mumbai, 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 5.00 M and a paid-up capital of Rs 0.19 M.
The company currently has active open charges totaling ₹2.70 Cr. The company has closed loans amounting to ₹1.08 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shridhar Iyer, Digambar Joshi, and Anuradha Joshi serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U29130MH1992PTC069906
- Company No.
069906
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Dec 1992
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Precimax Bearings?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shridhar Iyer  | Director | 04-Dec-1992 | Current |
| Digambar Joshi | Director | 07-Aug-2010 | Current |
| Anuradha Joshi | Director | 24-Dec-2004 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Precimax Bearings?
In 2023, Precimax Bearings had a promoter holding of 52.77% and a public holding of 47.23%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Pbl Bearings Private LimitedShridhar Iyer and Digambar Joshi are mutual person
- Kagal Bearings Private Limited
Digambar Joshi is a mutual person
Charges (Loans)
₹27.00 M
₹10.80 M
Charges Breakdown by Lending Institutions
- State Bank Of India : 2.70 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Nov 2023 | State Bank Of India | ₹2.70 Cr | Open |
| 22 Mar 2007 | State Bank Of India | ₹4.90 M | Satisfied |
| 02 Mar 1996 | Bank Of Indiaa | ₹5.90 M | Satisfied |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Precimax Bearings, 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 Precimax Bearings'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.