Precise Seamless Apparels Private Limited

Manufacturer and exporter of various types of high-quality apparels with a large production capacity.

2004 | Delhi (India) | Active
Last Updated: January 05, 2025

Precise Seamless Apparels Profile

Key Indicators

  • Authorised Capital ₹ 20.50 Cr
  • Paid Up Capital ₹ 20.50 Cr
  • Company Age 20 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 30.58 Cr
  • Satisfied Charges ₹ 74.79 Cr
  • Revenue Growth 64.69%
  • Profit Growth 125.98%
  • Ebitda 55.12%
  • Net Worth 35.61%
  • Total Assets 26.94%

About Precise Seamless Apparels

Precise Seamless Apparels Private Limited (PSAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 February 2004 and has a history of 20 years and 11 months. Its registered office is in Delhi, 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 2024. It's a company limited by shares with an authorized capital of Rs 20.50 Cr and a paid-up capital of Rs 20.50 Cr.

The company currently has active open charges totaling ₹30.58 Cr. The company has closed loans amounting to ₹74.79 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Precise Seamless Apparels Private Limited India is Riti as COMPANY SECRETARY. Vinod Jindal and Tarun Jindal serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18101DL2004PTC124843

  • Company No.

    124843

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Feb 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

What products or services does Precise Seamless Apparels Private Limited offer?

Precise Seamless Apparels Private Limited offers a wide range of products and services, including Men Wear, Men Designer Wear, Readymade Garments, Shirt, Promotional Clothing & Accessories, Promotional T-Shirt.

Who are the key members and board of directors at Precise Seamless Apparels?

Executive Team (1)

Name Designation Appointment Date Status
Riti Company Secretary Current

Board Members (2)

Name Designation Appointment Date Status
Tarun Jindal Country flag representing In Director 21-Jun-2010 Current
Vinod Jindal Country flag representing In Director 25-Feb-2004 Current

Financial Performance of Precise Seamless Apparels.

Precise Seamless Apparels Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 64.69% increase. The company also saw a substantial improvement in profitability, with a 125.98% increase in profit. The company's net worth Soared by an impressive increase of 35.61%.

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
64.69%
Revenue from Operations
66.58%
Total Assets
26.94%
Profit or Loss
125.98%
Net Worth
35.61%
EBITDA
55.12%

What is the Ownership and Shareholding Structure of Precise Seamless Apparels?

In 2023, Precise Seamless Apparels had a promoter holding of 93.37% and a public holding of 6.63%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹30.58 Cr

Satisfied Charges

₹74.79 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 30.58 Cr

Latest Charge Details

Date Lender Amount Status
28 Oct 2009 State Bank Of India ₹30.58 Cr Open
05 Dec 2015 State Bank Of Mysore ₹7.00 Cr Satisfied
14 Dec 2012 State Bank Of Mysore ₹12.27 Cr Satisfied
14 Dec 2012 State Bank Of Mysore ₹8.93 Cr Satisfied
17 Mar 2012 State Bank Of Mysore ₹1.65 Cr Satisfied

How Many Employees Work at Precise Seamless Apparels?

Precise Seamless Apparels has a workforce of 267 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Precise Seamless Apparels, 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 Precise Seamless Apparels's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Precise Seamless Apparels

Recent activity within the organization

  • Annual General Meeting

    Precise Seamless Apparels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Precise Seamless Apparels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 30.58 Cr registered on 28 Oct 2009 with Charge ID 10185741 was modified on 18 Mar 2024.

    18 Mar 2024

  • Charges

    A charge registered on 05 Dec 2015 via Charge ID 10608661 with State Bank Of Mysore was fully satisfied on 07 Jul 2022.

    07 Jul 2022

  • Charges

    A charge registered on 14 Dec 2012 via Charge ID 10396730 with State Bank Of Mysore was fully satisfied on 07 Jul 2022.

    07 Jul 2022

  • Charges

    A charge registered on 26 Sep 2011 via Charge ID 10317836 with State Bank Of Mysore was fully satisfied on 07 Jul 2022.

    07 Jul 2022

Frequently asked questions

  • Precise Seamless Apparels Private Limited was incorporated on 25 Feb 2004.

  • The authorized share capital of Precise Seamless Apparels Private Limited is ₹ 20.50 Cr and paid-up capital is ₹ 20.50 Cr.

  • Currently 3 directors are associated with Precise Seamless Apparels Private Limited.

    • Riti
    • Vinod Kumar Jindal
    • Tarun Jindal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Precise Seamless Apparels Private Limited is 107 Padma Tower-1 5 Rajendra Place India, New Delhi, 110008.

  • The corporate identification number (CIN) of Precise Seamless Apparels Private Limited is U18101DL2004PTC124843 and the company number is 124843 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Precise Seamless Apparels Private Limited is https://www.precise.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Precise Seamless Apparels Private Limited has risen by 64.69%.

  • As Per 2022 financial reports, 267 employees are currently employed by Precise Seamless Apparels Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Precise Seamless Apparels Private Limited has experienced an upsurge of 35.61%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Precise Seamless Apparels Private Limited amount to ₹ 30.58 Cr.

  • The most recent Balance Sheet for Precise Seamless Apparels Private Limited was filed with the ROC on 31 Mar 2024.

Similar Companies Based on Textile & Fabric Production