Precision Engineering Products Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 6.77 M
- Company Age 48 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.11 Cr
- Satisfied Charges ₹ 30.53 Cr
- Revenue Growth -13.63%
- Profit Growth -33540.99%
- Ebitda -371.96%
- Net Worth -22.97%
- Total Assets -14.52%
About Precision Engineering Products
Precision Engineering Products Private Limited (PEPPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 December 1976 and has a history of 48 years and two months. Its registered office is in Bangaluru, Karnataka, 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 7.50 M and a paid-up capital of Rs 6.77 M.
The company currently has active open charges totaling ₹10.11 Cr. The company has closed loans amounting to ₹30.53 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ajeet Pinto and Sarita Pinto serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U29220KA1976PTC003088
- Company No.
003088
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Dec 1976
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Machinery and Equipment
What products or services does Precision Engineering Products Private Limited offer?
Precision Engineering Products Private Limited offers a wide range of products and services, including Hydraulic & Pneumatic Machines, Hand Operated Hydraulic Press, CNC Machined Components, CNC Turned Components, Toggle Presses, CNC Components, Pneumatic Machines, Pneumatic Press, CNC Machines & Lathe Machine, Precision Machined Components.
Who are the key members and board of directors at Precision Engineering Products?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ajeet Pinto  | Managing Director | 10-Jul-2000 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sarita Pinto  | Whole-Time Director | 23-Mar-2017 | Current |
Financial Performance of Precision Engineering Products.
Precision Engineering Products Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.63% decrease. The company also saw a substantial fall in profitability, with a 33540.99% decrease in profit. The company's net worth observed a substantial decline by a decrease of 22.97%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Precision Engineering Products?
In 2023, Precision Engineering Products had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹101.12 M
Satisfied Charges
₹305.33 M
Charges Breakdown by Lending Institutions
- Canara Bank : 4.35 Cr
- State Bank Of Mysore : 3.95 Cr
- Karnataka State Financial Corporation : 0.70 Cr
- Karnataka State Financial Corp. : 0.40 Cr
- State Bank Of India : 0.32 Cr
- Others : 0.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Oct 2017 | State Bank Of India | ₹3.20 M | Open |
| 09 Jun 2016 | Others | ₹1.70 M | Open |
| 08 Mar 2016 | State Bank Of Mysore | ₹2.00 M | Open |
| 21 Oct 2014 | State Bank Of Mysore | ₹5.00 M | Open |
| 11 Feb 2011 | State Bank Of Mysore | ₹8.50 M | Open |
How Many Employees Work at Precision Engineering Products?
Precision Engineering Products has a workforce of 25 employees as of Mar 22, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Precision Engineering Products, 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 Engineering Products'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 Engineering Products
Recent activity within the organization
- Annual General Meeting
Precision Engineering Products Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Precision Engineering Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Charges
A charge with State Bank Of India of Rs. 3.20 M registered on 17 Oct 2017 with Charge ID 100135321 was modified on 22 Feb 2022.
- Charges
A charge registered on 09 Jul 2013 via Charge ID 10438595 with Icici Bank Limited was fully satisfied on 19 Dec 2018.
- Charges
A charge with State Bank Of India amounted to Rs. 3.20 M with Charge ID 100135321 was registered on 17 Oct 2017.
- Director Appointment
Sarita Dsouza Pinto was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 23 Mar 2017 & has been associated with this company since 7 years 11 months .
Frequently asked questions
What is the Incorporation or founding date of Precision Engineering Products Private Limited?
Precision Engineering Products Private Limited was incorporated on 04 Dec 1976.
What is authorized share capital and paid-up capital of Precision Engineering Products Private Limited?
The authorized share capital of Precision Engineering Products Private Limited is ₹ 7.50 M and paid-up capital is ₹ 6.77 M.
Who are the current board members & directors of Precision Engineering Products Private Limited?
Currently 2 directors are associated with Precision Engineering Products Private Limited.
- Ajeet Joseph Pinto
- Sarita Dsouza Pinto
What is the registered address of Precision Engineering Products Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Precision Engineering Products Private Limited is Plots 94-95 3Rd Phase, Peenya Industrial Area India, Bangalore, Karnataka, 560058.
What is the corporate identification number (CIN) and company number of Precision Engineering Products Private Limited?
The corporate identification number (CIN) of Precision Engineering Products Private Limited is U29220KA1976PTC003088 and the company number is 003088 as per Ministry of Corporate Affairs (MCA).
What is the official website of Precision Engineering Products Private Limited?
The Official website of Precision Engineering Products Private Limited is https://www.precisionengineeringproducts.com
What has been the recent revenue trend for Precision Engineering Products Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Precision Engineering Products Private Limited has fallen by -13.63%.
How many employees does Precision Engineering Products Private Limited currently have?
As Per 2023 financial reports, 25 employees are currently employed by Precision Engineering Products Private Limited.
What change has been observed in the net worth of Precision Engineering Products Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Precision Engineering Products Private Limited has experienced an downturn of -22.97%.
What are the total open charges for Precision Engineering Products Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Precision Engineering Products Private Limited amount to ₹ 10.11 Cr.
When was the last Balance Sheet of Precision Engineering Products Private Limited filed with the ROC?
The most recent Balance Sheet for Precision Engineering Products Private Limited was filed with the ROC on 31 Mar 2023.
People also Viewed
JP
John PintoManaging DirectorCP
Claribel PintoDirector
Similar Companies Based on Industrial Machinery Retail & Distribution
Valmet Technologies Private Limited Chennai, Tamil Nadu, India
Metso Outotec India Private Limited Delhi, India
Humboldt Wedag India Private Limited Delhi, India
Honda Trading Corporation India Private Limited Delhi, India
Excelsource International Private Limited Vadodara, Gujarat, India
Gainwell Commosales Private Limited 24 Parganas, West Bengal, India
Voltas Limited Mumbai, Maharashtra, India
Suzlon Energy Limited Ahmedabad, Gujarat, India