Precision Abrasives Private Limited

Provides grinding solutions with a variety of products and multiple locations.

2003 | South West Delhi, Delhi (India) | Active
Last Updated: February 12, 2025

Precision Abrasives Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 21 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.72 M
  • Satisfied Charges ₹ 5.67 M
  • Revenue Growth 13.81%
  • Profit Growth 17.52%
  • Ebitda 81.38%
  • Net Worth 24.87%
  • Total Assets 7.98%

About Precision Abrasives

Precision Abrasives Private Limited (PAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 April 2003 and has a history of 21 years and ten months. Its registered office is in South West Delhi, Delhi, 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 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹1.72 M. The company has closed loans amounting to ₹5.67 M, as per Ministry of Corporate Affairs (MCA) records.

Narendra Gupta and Naman Gupta serve as directors at the Company.

Company Details

  • Location

    South West Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    preab.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999DL2003PTC119653

  • Company No.

    119653

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Apr 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment

What products or services does Precision Abrasives Private Limited offer?

Precision Abrasives Private Limited offers a wide range of products and services, including Paper & Paper Made Products, Kraft Paper, Abrasives & Grains, Abrasive Discs, Saw Blades & Grinding Wheels, Grinding Wheels, Cutting Wheels, Abrasive Belts, Abrasive Stones, Abrasive Wheels.

Who are the key members and board of directors at Precision Abrasives?

Board Members (2)

NameDesignationAppointment DateStatus
Narendra Gupta Country flag representing In Director 01-Apr-2003Current
Naman Gupta Country flag representing In Director 01-Apr-2011Current

Financial Performance of Precision Abrasives.

Precision Abrasives Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.81% increase. The company also saw a substantial improvement in profitability, with a 17.52% increase in profit. The company's net worth Soared by an impressive increase of 24.87%.

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
13.81%
Revenue from Operations
13.81%
Total Assets
7.98%
Profit or Loss
17.52%
Net Worth
24.87%
EBITDA
81.38%

What is the Ownership and Shareholding Structure of Precision Abrasives?

Unlock access to Precision Abrasives's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.72 M

Satisfied Charges

₹5.67 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.17 Cr

Latest Charge Details

DateLenderAmountStatus
27 May 2022Hdfc Bank Limited₹1.72 MOpen
20 Jun 2013Corporation Bank₹3.00 MSatisfied
13 Mar 2012Corporation Bank₹0.40 MSatisfied
12 May 2011Corporation Bank₹0.50 MSatisfied
01 Sep 2009Corporation Bank₹0.17 MSatisfied

How Many Employees Work at Precision Abrasives?

Unlock and access historical data on people associated with Precision Abrasives, 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 Precision Abrasives, 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 Precision Abrasives'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 Precision Abrasives

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Precision Abrasives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.72 M with Charge ID 100579406 was registered on 27 May 2022.

    27 May 2022

  • Charges

    A charge registered on 20 Jun 2013 via Charge ID 10436861 with Corporation Bank was fully satisfied on 02 Apr 2019.

    02 Apr 2019

  • Charges

    A charge registered on 13 Mar 2012 via Charge ID 10346217 with Corporation Bank was fully satisfied on 24 Feb 2015.

    24 Feb 2015

  • Charges

    A charge with Corporation Bank amounted to Rs. 3.00 M with Charge ID 10436861 was registered on 20 Jun 2013.

    20 Jun 2013

Frequently asked questions

  • Precision Abrasives Private Limited was incorporated on 01 Apr 2003.

  • The authorized share capital of Precision Abrasives Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Precision Abrasives Private Limited.

    • Narendra Mohan Gupta
    • Naman Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Precision Abrasives Private Limited is C-28May Fair Garden India, New Delhi, 110016.

  • The corporate identification number (CIN) of Precision Abrasives Private Limited is U74999DL2003PTC119653 and the company number is 119653 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Precision Abrasives Private Limited is https://www.preab.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Precision Abrasives Private Limited has risen by 13.81%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Precision Abrasives Private Limited has experienced an upsurge of 24.87%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Precision Abrasives Private Limited amount to ₹ 1.72 M.

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

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