Precision Auto Industries Profile
Key Indicators
- Authorised Capital ₹ 3.50 Cr
- Paid Up Capital ₹ 3.10 Cr
- Company Age 27 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.55 Cr
- Satisfied Charges ₹ 24.80 Cr
- Revenue Growth 37.54%
- Profit Growth 115.22%
- Ebitda 115.10%
- Net Worth 100.95%
- Total Assets 0.04%
About Precision Auto Industries
Precision Auto Industries Private Limited (PAIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 October 1997 and has a history of 27 years and five months. Its registered office is in Nashik, Maharashtra, India.
The Corporate was formerly known as Precision Auto Seats Private Limited. The Company is engaged in the Automotive 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 3.50 Cr and a paid-up capital of Rs 3.10 Cr.
The company currently has active open charges totaling ₹3.55 Cr. The company has closed loans amounting to ₹24.80 Cr, as per Ministry of Corporate Affairs (MCA) records.
Balasaheb Khairnar and Surekha Khairnar serve as directors at the Company.
Company Details
- Location
Nashik, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U34102MH1997PTC111230
- Company No.
111230
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Oct 1997
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Automotive
What products or services does Precision Auto Industries Private Limited offer?
Precision Auto Industries Private Limited offers a wide range of products and services, including Alloy Wheels, Tyre, Tube & Flaps, Aluminum Alloy Wheel.
Who are the key members and board of directors at Precision Auto Industries?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Balasaheb Khairnar  | Director | 15-Mar-2022 | Current |
| Surekha Khairnar | Director | 15-Mar-2022 | Current |
Financial Performance of Precision Auto Industries.
Precision Auto Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.54% increase. The company also saw a substantial improvement in profitability, with a 115.22% increase in profit. The company's net worth Soared by an impressive increase of 100.95%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Precision Auto Industries?
Unlock access to Precision Auto Industries'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.
Related Corporates (Common Directorship)
- Haridwar Precision Auto Private Limited
Balasaheb Khairnar and Surekha Khairnar are mutual person
Millennium Precision Auto India Private LimitedBalasaheb Khairnar and Surekha Khairnar are mutual person
- Precision Auto Components Private Limited
Balasaheb Khairnar is a mutual person
- Aura Alloy Wheels Private Limited
Balasaheb Khairnar and Surekha Khairnar are mutual person
- Genext Precision Auto Tech Private Limited
Balasaheb Khairnar and Surekha Khairnar are mutual person
- Genext Precision Auto India Private Limited
Balasaheb Khairnar and Surekha Khairnar are mutual person
Charges (Loans)
Open Charges
₹3.55 Cr
Satisfied Charges
₹24.80 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 3.55 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Jul 2018 | Axis Bank Limited | ₹3.55 Cr | Open |
| 16 Mar 2019 | Others | ₹0.66 M | Satisfied |
| 22 Aug 2016 | Others | ₹2.50 Cr | Satisfied |
| 09 Jun 2015 | Mahindra And Mahindra Financial Services Limited | ₹0.05 M | Satisfied |
| 20 Apr 2000 | State Bank Of India | ₹11.00 Cr | Satisfied |
How Many Employees Work at Precision Auto Industries?
Unlock and access historical data on people associated with Precision Auto Industries, 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 Precision Auto Industries, 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 Auto Industries'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.
Latest Updates, News, and FAQs on Precision Auto Industries
Recent activity within the organization
- Annual General Meeting
Precision Auto Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Precision Auto Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Balasaheb Madhavrao Khairnar was appointed as a Director was appointed as a Director on 15 Mar 2022 & has been associated with this company since 2 years 11 months .
- Director Appointment
Surekha Balasaheb Khairnar was appointed as a Director was appointed as a Director on 15 Mar 2022 & has been associated with this company since 2 years 11 months .
- Charges
A charge with Axis Bank Limited of Rs. 3.55 Cr registered on 16 Jul 2018 with Charge ID 100194768 was modified on 08 Feb 2022.
- Charges
A charge registered on 16 Mar 2019 via Charge ID 100268418 with Others was fully satisfied on 25 Jan 2020.
Frequently asked questions
What is the Incorporation or founding date of Precision Auto Industries Private Limited?
Precision Auto Industries Private Limited was incorporated on 10 Oct 1997.
What is authorized share capital and paid-up capital of Precision Auto Industries Private Limited?
The authorized share capital of Precision Auto Industries Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 3.10 Cr.
Who are the current board members & directors of Precision Auto Industries Private Limited?
Currently 2 directors are associated with Precision Auto Industries Private Limited.
- Balasaheb Madhavrao Khairnar
- Surekha Balasaheb Khairnar
What is the registered address of Precision Auto Industries Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Precision Auto Industries Private Limited is Sai Prateek Jagtap Malanear Ashirwad Bus Stop Nasik Road India, Nashik, Maharashtra, 422101.
What is the corporate identification number (CIN) and company number of Precision Auto Industries Private Limited?
The corporate identification number (CIN) of Precision Auto Industries Private Limited is U34102MH1997PTC111230 and the company number is 111230 as per Ministry of Corporate Affairs (MCA).
What is the official website of Precision Auto Industries Private Limited?
The Official website of Precision Auto Industries Private Limited is https://www.presscomponentsindia.com
What has been the recent revenue trend for Precision Auto Industries Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Precision Auto Industries Private Limited has risen by 37.54%.
What change has been observed in the net worth of Precision Auto Industries Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Precision Auto Industries Private Limited has experienced an upsurge of 100.95%.
What are the total open charges for Precision Auto Industries Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Precision Auto Industries Private Limited amount to ₹ 3.55 Cr.
When was the last Balance Sheet of Precision Auto Industries Private Limited filed with the ROC?
The most recent Balance Sheet for Precision Auto Industries Private Limited was filed with the ROC on 31 Mar 2024.
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