Precision Automotive Private Limited

Founded in 2005 and headquartered in Jharkhand, India.

2005 | Singhbhum, Jharkhand (India) | Active
Last Updated: November 17, 2024

Precision Automotive Profile

Key Indicators

  • Authorised Capital ₹ 14.10 Cr
  • Paid Up Capital ₹ 6.81 Cr
  • Company Age 19 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 26.50 Cr
  • Satisfied Charges ₹ 66.85 Cr
  • Revenue Growth -48.05%
  • Profit Growth -54.73%
  • Ebitda 0.40%
  • Net Worth 1.75%
  • Total Assets -4.63%

About Precision Automotive

Precision Automotive Private Limited (PAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 August 2005 and has a history of 19 years and five months. Its registered office is in Singhbhum, Jharkhand, India.

The Corporate was formerly known as Uniworld Infotech Developers Private Limited. The Company is engaged in the Financial Services 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 14.10 Cr and a paid-up capital of Rs 6.81 Cr.

The company currently has active open charges totaling ₹26.50 Cr. The company has closed loans amounting to ₹66.85 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajeev Dugal, Kawaljeet Dugal, Malkeet Saini, and One other member serve as directors at the Company.

Company Details

  • Location

    Singhbhum, Jharkhand, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U35900JH2005PTC013315

  • Company No.

    013315

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Aug 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jharkhand

Industry

Financial Services
Environment

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

Board Members (4)

Name Designation Appointment Date Status
Kashvi Dugal Country flag representing In Director 24-Dec-2016 Current
Rajeev Dugal Country flag representing In Director 14-Nov-2013 Current
Kawaljeet Dugal Country flag representing In Director 11-Oct-2021 Current
Malkeet Saini Country flag representing In Director 11-Sep-2024 Current

Financial Performance of Precision Automotive.

Precision Automotive Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 48.05% decrease. The company also saw a substantial fall in profitability, with a 54.73% decrease in profit. The company's net worth moved up by a moderate rise of 1.75%.

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
-48.05%
Revenue from Operations
-3.14%
Total Assets
-4.63%
Profit or Loss
-54.73%
Net Worth
1.75%
EBITDA
0.40%

What is the Ownership and Shareholding Structure of Precision Automotive?

In 2023, Precision Automotive had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹26.50 Cr

Satisfied Charges

₹66.85 Cr

Charges Breakdown by Lending Institutions

  • Others : 25.00 Cr
  • Idbi Bank Limited : 1.50 Cr

Latest Charge Details

Date Lender Amount Status
26 Sep 2019 Others ₹25.00 Cr Open
04 Apr 2016 Idbi Bank Limited ₹1.50 Cr Open
27 May 2021 Others ₹2.80 Cr Satisfied
05 Dec 2018 Others ₹4.40 Cr Satisfied
08 Dec 2014 Idbi Bank Limited ₹5.00 Cr Satisfied

How Many Employees Work at Precision Automotive?

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Director Appointment

    Malkeet Singh Saini was appointed as a Director was appointed as a Director on 11 Sep 2024 & has been associated with this company since 4 months 27 days .

    11 Sep 2024

  • Balance Sheet

    Precision Automotive Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jharkhand.

    31 Mar 2024

  • Charges

    A charge registered on 27 May 2021 via Charge ID 100447311 with Others was fully satisfied on 17 Jan 2024.

    17 Jan 2024

  • Charges

    A charge registered on 05 Dec 2018 via Charge ID 100229947 with Others was fully satisfied on 17 Jan 2024.

    17 Jan 2024

  • Charges

    A charge with Others of Rs. 25.00 Cr registered on 26 Sep 2019 with Charge ID 100298149 was modified on 28 Jun 2023.

    28 Jun 2023

Frequently asked questions

  • Precision Automotive Private Limited was incorporated on 30 Aug 2005.

  • The authorized share capital of Precision Automotive Private Limited is ₹ 14.10 Cr and paid-up capital is ₹ 6.81 Cr.

  • Currently 4 directors are associated with Precision Automotive Private Limited.

    • Rajeev Singh Dugal
    • Kawaljeet Kaur Dugal
    • Malkeet Singh Saini
    • Kashvi Dugal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Precision Automotive Private Limited is H. No. - 4 The Hotel Alcor Ramdas Bhatta, Bistupur India, Jamshedpur, Jharkhand, 831001.

  • The corporate identification number (CIN) of Precision Automotive Private Limited is U35900JH2005PTC013315 and the company number is 013315 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Precision Automotive Private Limited has fallen by -48.05%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Precision Automotive Private Limited has experienced an upsurge of 1.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Precision Automotive Private Limited amount to ₹ 26.50 Cr.

  • The most recent Balance Sheet for Precision Automotive Private Limited was filed with the ROC on 31 Mar 2024.

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