Precision Global Springs Private Limited

Manufactures helical springs for various industries, ISO 9001:2008 certified.

2010 | Mumbai, Maharashtra (India) | Active
Last Updated: December 10, 2024

Precision Global Springs Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.04 Cr
  • Company Age 14 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.51 Cr
  • Revenue Growth 41.22%
  • Profit Growth 416.42%
  • Ebitda 281.86%
  • Net Worth 33.77%
  • Total Assets 1.79%

About Precision Global Springs

Precision Global Springs Private Limited (PGSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 December 2010 and has a history of 14 years and one month. Its registered office is in Mumbai, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 2.04 Cr.

The company currently has active open charges totaling ₹5.51 Cr.

Kanan Shah, Rajnikant Shah, and Pulin Shah serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U28112MH2010PTC211053

  • Company No.

    211053

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Dec 2010

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Precision Global Springs Private Limited offer?

Precision Global Springs Private Limited offers a wide range of products and services, including Automobile Fittings & Components, Automotive Components, Air Springs & Compression Springs, Extension Springs, Inspection & Quality Check Services, Quality Inspection Service, Compression Springs, Valve Spring, Wire Drawing & Cabling Machines, Wire Wrapping Machine.

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

Board Members (3)

Name Designation Appointment Date Status
Pulin Shah Country flag representing In Director 16-Dec-2010 Current
Kanan Shah Country flag representing In Director 16-Dec-2010 Current
Rajnikant Shah Country flag representing In Director 16-Dec-2010 Current

Financial Performance of Precision Global Springs.

Precision Global Springs Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 41.22% increase. The company also saw a substantial improvement in profitability, with a 416.42% increase in profit. The company's net worth Soared by an impressive increase of 33.77%.

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
41.22%
Revenue from Operations
40.28%
Total Assets
1.79%
Profit or Loss
416.42%
Net Worth
33.77%
EBITDA
281.86%

What is the Ownership and Shareholding Structure of Precision Global Springs?

In 2021, Precision Global Springs 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

₹5.51 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 5.51 Cr

Latest Charge Details

Date Lender Amount Status
03 Jan 2023 Others ₹5.51 Cr Open

How Many Employees Work at Precision Global Springs?

Precision Global Springs has a workforce of 118 employees as of Apr 08, 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 Global Springs, 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 Global Springs'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 Global Springs

Recent activity within the organization

  • Annual General Meeting

    Precision Global Springs Private Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

    20 Sep 2024

  • Balance Sheet

    Precision Global Springs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 5.51 Cr with Charge ID 100664563 was registered on 03 Jan 2023.

    03 Jan 2023

  • Director Appointment

    Kanan Pulin Shah was appointed as a Director was appointed as a Director on 16 Dec 2010 & has been associated with this company since 14 years 1 month .

    16 Dec 2010

  • Director Appointment

    Rajnikant Popatlal Shah was appointed as a Director was appointed as a Director on 16 Dec 2010 & has been associated with this company since 14 years 1 month .

    16 Dec 2010

  • Director Appointment

    Pulin Rajnikant Shah was appointed as a Director was appointed as a Director on 16 Dec 2010 & has been associated with this company since 14 years 1 month .

    16 Dec 2010

Frequently asked questions

  • Precision Global Springs Private Limited was incorporated on 16 Dec 2010.

  • The authorized share capital of Precision Global Springs Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.04 Cr.

  • Currently 3 directors are associated with Precision Global Springs Private Limited.

    • Kanan Pulin Shah
    • Rajnikant Popatlal Shah
    • Pulin Rajnikant Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Precision Global Springs Private Limited is Plot No.9A Government Industrial Estate Charkop, Kandivali West India, Mumbai, Maharashtra, 400067.

  • The corporate identification number (CIN) of Precision Global Springs Private Limited is U28112MH2010PTC211053 and the company number is 211053 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Precision Global Springs Private Limited is https://www.eprecisionsprings.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Precision Global Springs Private Limited has risen by 41.22%.

  • As Per 2022 financial reports, 118 employees are currently employed by Precision Global Springs Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Precision Global Springs Private Limited has experienced an upsurge of 33.77%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Precision Global Springs Private Limited amount to ₹ 5.51 Cr.

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

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