Precision Accumulators And Engineers Pvt Ltd

Founded in 1982 and headquartered in Maharashtra, India.

1982 | Kolhapur, Maharashtra (India) | Active
Last Updated: December 10, 2024

Precision Accumulators And Engineers Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 42 Year, 5 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 0.35 M
  • Revenue Growth -98.86%
  • Profit Growth -100.30%
  • Ebitda 97.66%
  • Net Worth -23.11%
  • Total Assets -36.95%

About Precision Accumulators And Engineers

Precision Accumulators And Engineers Pvt Ltd (PAAEPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 August 1982 and has a history of 42 years and five months. Its registered office is in Kolhapur, Maharashtra, India.

The Company is engaged in the Metal & Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.10 M.

The company has closed loans amounting to ₹0.35 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Uma Kulkarni and Beena Kulkarni serve as directors at the Company.

Company Details

  • Location

    Kolhapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31402MH1982PTC028005

  • Company No.

    028005

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Aug 1982

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Metal & Minerals
Service

Who are the key members and board of directors at Precision Accumulators And Engineers?

Board Members (2)

Name Designation Appointment Date Status
Uma Kulkarni Country flag representing In Director 09-Aug-2021 Current
Beena Kulkarni Country flag representing In Director 16-Jun-2022 Current

Financial Performance of Precision Accumulators And Engineers.

Precision Accumulators And Engineers Pvt Ltd, for the financial year ended 2020, experienced significant reduction in revenue, with a 98.86% decrease. The company also saw a substantial fall in profitability, with a 100.3% decrease in profit. The company's net worth observed a substantial decline by a decrease of 23.11%.

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
-98.86%
Revenue from Operations
Total Assets
-36.95%
Profit or Loss
-100.30%
Net Worth
-23.11%
EBITDA
97.66%

What is the Ownership and Shareholding Structure of Precision Accumulators And Engineers?

In 2017, Precision Accumulators And Engineers had a promoter holding of 64.80% and a public holding of 35.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹0.35 M

Charges Breakdown by Lending Institutions

  • The United Western Bank Ltd. : 0.04 Cr

Latest Charge Details

Date Lender Amount Status
08 Oct 2002 The United Western Bank Ltd. ₹0.20 M Satisfied
18 Jan 1995 The United Western Bank Ltd. ₹0.15 M Satisfied

How Many Employees Work at Precision Accumulators And Engineers?

Unlock and access historical data on people associated with Precision Accumulators And Engineers, 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 Accumulators And Engineers, 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 Accumulators And Engineers'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 Accumulators And Engineers

Recent activity within the organization

  • Charges

    A charge registered on 08 Oct 2002 via Charge ID 90086193 with The United Western Bank Ltd. was fully satisfied on 23 Feb 2023.

    23 Feb 2023

  • Charges

    A charge registered on 18 Jan 1995 via Charge ID 90090084 with The United Western Bank Ltd. was fully satisfied on 23 Feb 2023.

    23 Feb 2023

  • Annual General Meeting

    Precision Accumulators And Engineers Pvt Ltd last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Director Appointment

    Beena Jayant Kulkarni was appointed as a Director was appointed as a Director on 16 Jun 2022 & has been associated with this company since 2 years 7 months .

    16 Jun 2022

  • Balance Sheet

    Precision Accumulators And Engineers Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Pune.

    31 Mar 2022

  • Director Appointment

    Uma Shankar Kulkarni was appointed as a Director was appointed as a Director on 09 Aug 2021 & has been associated with this company since 3 years 6 months .

    09 Aug 2021

Frequently asked questions

  • Precision Accumulators And Engineers Pvt Ltd was incorporated on 12 Aug 1982.

  • The authorized share capital of Precision Accumulators And Engineers Pvt Ltd is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Precision Accumulators And Engineers Pvt Ltd.

    • Uma Shankar Kulkarni
    • Beena Jayant Kulkarni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Precision Accumulators And Engineers Pvt Ltd is W-55 Midc Shiroli, Kolhapur India, Na, Maharashtra, 416122.

  • The corporate identification number (CIN) of Precision Accumulators And Engineers Pvt Ltd is U31402MH1982PTC028005 and the company number is 028005 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Precision Accumulators And Engineers Pvt Ltd has fallen by -98.86%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Precision Accumulators And Engineers Pvt Ltd has experienced an downturn of -23.11%.

  • The most recent Balance Sheet for Precision Accumulators And Engineers Pvt Ltd was filed with the ROC on 31 Mar 2022.

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