Precision Engineering Products Private Limited

Manufacturing and selling machinery and equipment since 1976, based in Bangalore, Karnataka.

1976 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Precision Engineering Products Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 6.77 M
  • Company Age 48 Year, 1 Month
  • 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 one month. 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

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)

NameDesignationAppointment DateStatus
Ajeet Pinto Country flag representing In Managing Director10-Jul-2000Current

Board Members (1)

NameDesignationAppointment DateStatus
Sarita Pinto Country flag representing Us Whole-Time Director 23-Mar-2017Current

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%.

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
-13.63%
Revenue from Operations
-12.62%
Total Assets
-14.52%
Profit or Loss
-33540.99%
Net Worth
-22.97%
EBITDA
-371.96%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
17 Oct 2017State Bank Of India₹3.20 MOpen
09 Jun 2016Others₹1.70 MOpen
08 Mar 2016State Bank Of Mysore₹2.00 MOpen
21 Oct 2014State Bank Of Mysore₹5.00 MOpen
11 Feb 2011State Bank Of Mysore₹8.50 MOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Sep 2023

  • Balance Sheet

    Precision Engineering Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • 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.

    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.

    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.

    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 10 months .

    23 Mar 2017

Frequently asked questions

  • Precision Engineering Products Private Limited was incorporated on 04 Dec 1976.

  • The authorized share capital of Precision Engineering Products Private Limited is ₹ 7.50 M and paid-up capital is ₹ 6.77 M.

  • Currently 2 directors are associated with Precision Engineering Products Private Limited.

    • Ajeet Joseph Pinto
    • Sarita Dsouza Pinto
  • 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.

  • 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).

  • The Official website of Precision Engineering Products Private Limited is https://www.precisionengineeringproducts.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Precision Engineering Products Private Limited has fallen by -13.63%.

  • As Per 2023 financial reports, 25 employees are currently employed by Precision Engineering Products Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Precision Engineering Products Private Limited amount to ₹ 10.11 Cr.

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

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