Precision Drawell Private Limited

Manufacturer of high-quality wires for various industries with large production capacity and reputable clients.

1996 | Nagpur, Maharashtra (India) | Active
Last Updated: June 16, 2024

Precision Drawell Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.90 Cr
  • Company Age 28 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 91.11 Cr
  • Satisfied Charges ₹ 22.68 Cr
  • Revenue Growth 23.62%
  • Profit Growth -40.62%
  • Ebitda -15.76%
  • Net Worth 16.50%
  • Total Assets 2.67%

About Precision Drawell

Precision Drawell Private Limited (PDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 September 1996 and has a history of 28 years and five months. Its registered office is in Nagpur, Maharashtra, India.

The Company is engaged in the Manufacturing 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 2.00 Cr and a paid-up capital of Rs 1.90 Cr.

The company currently has active open charges totaling ₹91.11 Cr. The company has closed loans amounting to ₹22.68 Cr, as per Ministry of Corporate Affairs (MCA) records.

Paran Khandelwal, Sunita Khandelwal, Atul Khandelwal, and Four other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U45120MH1996PTC102324

  • Company No.

    102324

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Sep 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Precision Drawell Private Limited offer?

Precision Drawell Private Limited offers a wide range of products and services, including Metal and Alloy Wires, Steel Wire, Fibers, Steel Fiber, Silica Fume, Welding Wires, Shutter & Rolling Door Parts, Shutter Parts, Mild Steel Wires, Air Springs & Compression Springs.

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

Board Members (7)

Name Designation Appointment Date Status
Paran Khandelwal Country flag representing In Director 01-Apr-2013 Current
Sunita Khandelwal Country flag representing In Director 01-Sep-2010 Current
Atul Khandelwal Country flag representing In Director 25-Aug-2009 Current
Alok Khandelwal Country flag representing In Whole-Time Director 23-Sep-1996 Current
Anuradha Khandelwal Country flag representing In Whole-Time Director 23-Sep-1996 Current
Maheshchandra Khandelwal Country flag representing In Director 03-Sep-1996 Current

Financial Performance of Precision Drawell.

Precision Drawell Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.62% increase. The company also saw a substantial fall in profitability, with a 40.62% decrease in profit. The company's net worth Soared by an impressive increase of 16.5%.

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
23.62%
Revenue from Operations
23.40%
Total Assets
2.67%
Profit or Loss
-40.62%
Net Worth
16.50%
EBITDA
-15.76%

What is the Ownership and Shareholding Structure of Precision Drawell?

In 2023, Precision Drawell had a promoter holding of 65.53% and a public holding of 34.47%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹91.11 Cr

Satisfied Charges

₹22.68 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 64.86 Cr
  • Tata Capital Financial Services Limited : 13.71 Cr
  • Sidbi : 12.14 Cr
  • Hdfc Bank Limited : 0.40 Cr

Latest Charge Details

Date Lender Amount Status
21 Feb 2024 Sidbi ₹2.20 Cr Open
23 Nov 2022 Hdfc Bank Limited ₹2.01 M Open
10 Nov 2022 Hdfc Bank Limited ₹2.01 M Open
23 Jun 2022 Sidbi ₹3.34 Cr Open
09 Jun 2022 Tata Capital Financial Services Limited ₹1.71 Cr Open

How Many Employees Work at Precision Drawell?

Precision Drawell has a workforce of 33 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Precision Drawell, 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 Drawell'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 Drawell

Recent activity within the organization

  • Charges

    A charge with Sidbi amounted to Rs. 2.20 Cr with Charge ID 100867348 was registered on 21 Feb 2024.

    21 Feb 2024

  • Annual General Meeting

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

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100721683 was registered on 23 Nov 2022.

    23 Nov 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100712141 was registered on 10 Nov 2022.

    10 Nov 2022

  • Charges

    A charge with Sidbi amounted to Rs. 3.34 Cr with Charge ID 100591997 was registered on 23 Jun 2022.

    23 Jun 2022

Frequently asked questions

  • Precision Drawell Private Limited was incorporated on 03 Sep 1996.

  • The authorized share capital of Precision Drawell Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.90 Cr.

  • Currently 7 directors are associated with Precision Drawell Private Limited.

    • Paran Atul Khandelwal
    • Sunita Alok Khandelwal
    • Atul Khandelwal
    • Alok Maheshchandra Khandelwal
    • Anuradha Khandelwal
    • Maheshchandra Khandelwal
    • Raghav Alok Khandelwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Precision Drawell Private Limited is KeshavBlock610ThbridgeKampteeroad, Nagpur, Maharashtra, India, 440004.

  • The corporate identification number (CIN) of Precision Drawell Private Limited is U45120MH1996PTC102324 and the company number is 102324 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Precision Drawell Private Limited is https://www.precisiondrawell.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Precision Drawell Private Limited has risen by 23.62%.

  • As Per 2023 financial reports, 33 employees are currently employed by Precision Drawell Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Precision Drawell Private Limited has experienced an upsurge of 16.50%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Precision Drawell Private Limited amount to ₹ 91.11 Cr.

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