Precision Erectors & Services Private Limited

Provides construction services for coal-based thermal power stations.

2010 | Korba, Chattisgarh (India) | Active
Last Updated: November 16, 2024

Precision Erectors & Services Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 14 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.30 M
  • Satisfied Charges ₹ 1.11 Cr
  • Revenue Growth 38.72%
  • Profit Growth 0.60%
  • Ebitda -3.62%
  • Net Worth 8.93%
  • Total Assets 10.31%

About Precision Erectors & Services

Precision Erectors & Services Private Limited (PESPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 June 2010 and has a history of 14 years and eight months. Its registered office is in Korba, Chattisgarh, India.

The Company is engaged in the Energy And Power 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹3.30 M. The company has closed loans amounting to ₹1.11 Cr, as per Ministry of Corporate Affairs (MCA) records.

Abey Jacob and Jacob Idicula serve as directors at the Company.

Company Details

  • Location

    Korba, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45200CT2010PTC021890

  • Company No.

    021890

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jun 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Energy and Power

What products or services does Precision Erectors & Services Private Limited offer?

Precision Erectors & Services Private Limited offers a wide range of products and services, including Manufacturing & Assembling Services, Machining Job Work, Boiler Repairs & Maintenance, Boiler Maintenance, Annual Maintenance Contract Services, Maintenance Contractors, High Voltage Circuit Breakers, Preventive Maintenance Service, Plant & Equipment Erection Services, Home Appliances Repair & Maintenance.

Who are the key members and board of directors at Precision Erectors & Services?

Executive Team (1)

Name Designation Appointment Date Status
Jacob Idicula Country flag representing In Managing Director 04-Jun-2010 Current

Board Members (1)

Name Designation Appointment Date Status
Abey Jacob Country flag representing In Director 01-Jul-2010 Current

Financial Performance of Precision Erectors & Services.

Precision Erectors & Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.72% increase. The company also saw a slight improvement in profitability, with a 0.6% increase in profit. The company's net worth moved up by a moderate rise of 8.93%.

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
38.72%
Revenue from Operations
38.64%
Total Assets
10.31%
Profit or Loss
0.60%
Net Worth
8.93%
EBITDA
-3.62%

What is the Ownership and Shareholding Structure of Precision Erectors & Services?

In 2023, Precision Erectors & Services 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

₹3.30 M

Satisfied Charges

₹11.07 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.33 Cr

Latest Charge Details

Date Lender Amount Status
26 Jul 2022 Hdfc Bank Limited ₹3.30 M Open
29 Oct 2012 Allahabad Bank ₹1.11 Cr Satisfied

How Many Employees Work at Precision Erectors & Services?

Precision Erectors & Services has a workforce of 1652 employees as of Apr 09, 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 Erectors & Services, 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 Erectors & Services'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 Erectors & Services

Recent activity within the organization

  • Annual General Meeting

    Precision Erectors & Services Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 29 Oct 2012 via Charge ID 10393315 with Allahabad Bank was fully satisfied on 09 Jun 2023.

    09 Jun 2023

  • Balance Sheet

    Precision Erectors & Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chhattisgarh.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.30 M with Charge ID 100643751 was registered on 26 Jul 2022.

    26 Jul 2022

  • Charges

    A charge with Allahabad Bank of Rs. 11.07 M registered on 29 Oct 2012 with Charge ID 10393315 was modified on 20 Jul 2013.

    20 Jul 2013

  • Charges

    A charge with Allahabad Bank amounted to Rs. 11.07 M with Charge ID 10393315 was registered on 29 Oct 2012.

    29 Oct 2012

Frequently asked questions

  • Precision Erectors & Services Private Limited was incorporated on 04 Jun 2010.

  • The authorized share capital of Precision Erectors & Services Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 2 directors are associated with Precision Erectors & Services Private Limited.

    • Abey Jacob
    • Jacob Idicula
  • As per Ministry of Corporate Affairs (Mca), the registered address of Precision Erectors & Services Private Limited is Hig-14 S.V.B.P. Nagar Sada Colony, Jamnipali India, Korba, Chattisgarh, 495450.

  • The corporate identification number (CIN) of Precision Erectors & Services Private Limited is U45200CT2010PTC021890 and the company number is 021890 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Precision Erectors & Services Private Limited is https://www.precisioneng.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Precision Erectors & Services Private Limited has risen by 38.72%.

  • As Per 2023 financial reports, 1652 employees are currently employed by Precision Erectors & Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Precision Erectors & Services Private Limited has experienced an upsurge of 8.93%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Precision Erectors & Services Private Limited amount to ₹ 3.30 M.

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

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