Precise Vacuum Engineering Private Limited

Manufacturer of vacuum pumps, coating plants, and other engineering goods since 1991.

1991 | Nashik, Maharashtra (India) | Active
Last Updated: November 16, 2024

Precise Vacuum Engineering Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 33 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.27 Cr
  • Satisfied Charges ₹ 2.92 Cr
  • Revenue Growth -62.32%
  • Profit Growth -98.53%
  • Ebitda -65.10%
  • Net Worth 0.16%
  • Total Assets -15.37%

About Precise Vacuum Engineering

Precise Vacuum Engineering Private Limited (PVEPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 July 1991 and has a history of 33 years and six months. Its registered office is in Nashik, Maharashtra, India.

The Corporate was formerly known as Fyetech Tools Pvt Ltd. The Company is engaged in the Engineering 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹2.27 Cr. The company has closed loans amounting to ₹2.92 Cr, as per Ministry of Corporate Affairs (MCA) records.

Harshavardhan Badkas, Prakash Bhide, and Jyoti Badkas serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29200MH1991PTC062560

  • Company No.

    062560

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jul 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Engineering

What products or services does Precise Vacuum Engineering Private Limited offer?

Precise Vacuum Engineering Private Limited offers a wide range of products and services, including Chemical Reactors and Process Tanks, Pressure Vessels, Pumps, Pumping Machines & Spares, Vacuum Pumps, Storage Tanks, Drums & Containers, Fuel Container, Coating Plant, Crates, Trays and Pallets, Packaging Trays, Repair & Maintenance Services.

Who are the key members and board of directors at Precise Vacuum Engineering?

Board Members (3)

NameDesignationAppointment DateStatus
Harshavardhan Badkas Country flag representing In Director 01-Apr-2001Current
Prakash Bhide Country flag representing In Additional Director 24-Aug-2018Current
Jyoti Badkas Country flag representing In Director 08-Dec-2022Current

Financial Performance of Precise Vacuum Engineering.

Precise Vacuum Engineering Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 62.32% decrease. The company also saw a substantial fall in profitability, with a 98.53% decrease in profit. The company's net worth moved up by a moderate rise of 0.16%.

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
-62.32%
Revenue from Operations
-62.85%
Total Assets
-15.37%
Profit or Loss
-98.53%
Net Worth
0.16%
EBITDA
-65.10%

What is the Ownership and Shareholding Structure of Precise Vacuum Engineering?

In 2023, Precise Vacuum Engineering had a promoter holding of 46.06% and a public holding of 53.94%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.66 M

Satisfied Charges

₹29.20 M

Charges Breakdown by Lending Institutions

  • Others : 2.21 Cr
  • Shri Arihant Co-Op Bank Ltd. : 0.06 Cr

Latest Charge Details

DateLenderAmountStatus
28 Feb 2018Others₹2.21 CrOpen
21 Sep 1999Shri Arihant Co-Op Bank Ltd.₹0.26 MOpen
20 Feb 1998Shri Arihant Co-Op Bank Ltd.₹0.30 MOpen
10 Apr 2017Tjsb Sahakari Bank Limited₹7.20 MSatisfied
28 Dec 2012Thane Janata Sahakari Bank Limited₹6.00 MSatisfied

How Many Employees Work at Precise Vacuum Engineering?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Precise Vacuum Engineering, 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 Vacuum Engineering'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 Vacuum Engineering

Recent activity within the organization

  • Annual General Meeting

    Precise Vacuum Engineering 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 Vacuum Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Jyoti Harshavardhan Badkas was appointed as a Director was appointed as a Director on 08 Dec 2022 & has been associated with this company since 2 years 1 month .

    08 Dec 2022

  • Charges

    A charge registered on 17 Mar 2001 via Charge ID 90164127 with Rajlaxmi Urban Co-Op Bank Ltd; was fully satisfied on 13 Jun 2019.

    13 Jun 2019

  • Charges

    A charge registered on 08 Mar 2001 via Charge ID 90164121 with Rajlaxmi Urban Co-Op Bank Ltd. was fully satisfied on 13 Jun 2019.

    13 Jun 2019

  • Director Appointment

    Prakash Damodar Bhide was appointed as a Additional Director was appointed as a Additional Director on 24 Aug 2018 & has been associated with this company since 6 years 5 months .

    24 Aug 2018

Frequently asked questions

  • Precise Vacuum Engineering Private Limited was incorporated on 19 Jul 1991.

  • The authorized share capital of Precise Vacuum Engineering Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 3 directors are associated with Precise Vacuum Engineering Private Limited.

    • Harshavardhan Vinayakrao Badkas
    • Prakash Damodar Bhide
    • Jyoti Harshavardhan Badkas
  • As per Ministry of Corporate Affairs (Mca), the registered address of Precise Vacuum Engineering Private Limited is H-38, Midc Ambad India, Nashik, Maharashtra, 422010.

  • The corporate identification number (CIN) of Precise Vacuum Engineering Private Limited is U29200MH1991PTC062560 and the company number is 062560 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Precise Vacuum Engineering Private Limited is https://www.precisevacuumsystems.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Precise Vacuum Engineering Private Limited has fallen by -62.32%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Precise Vacuum Engineering Private Limited has experienced an upsurge of 0.16%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Precise Vacuum Engineering Private Limited amount to ₹ 2.27 Cr.

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

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