Precision Industrial Fastners (India) Private Limited

Manufactures and supplies high-quality fasteners and stems for industrial valves.

1999 | Mumbai, Maharashtra (India) | Active
Last Updated: December 20, 2024

Precision Industrial Fastners (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 25 Year, 2 Months
  • Last Filing with ROC 31 Mar 2021
  • Satisfied Charges ₹ 4.00 M
  • Revenue Growth -71.65%
  • Profit Growth -97.03%
  • Ebitda 108.02%
  • Net Worth 5.39%
  • Total Assets -1.23%

About Precision Industrial Fastners (India)

Precision Industrial Fastners (India) Private Limited (PIFIPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 December 1999 and has a history of 25 years and two months. 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 2021. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 2.00 M.

The company has closed loans amounting to ₹4.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Vijay Ajgaonkar, Josephine Fernandes, and Samit Ajgaonkar serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pifstems.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28991MH1999PTC122900

  • Company No.

    122900

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Dec 1999

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

Who are the key members and board of directors at Precision Industrial Fastners (India)?

Board Members (3)

NameDesignationAppointment DateStatus
Samit Ajgaonkar Country flag representing In Director 16-Aug-2013Current
Vijay Ajgaonkar Country flag representing In Director 03-Dec-1999Current
Josephine Fernandes Country flag representing In Director 03-Dec-1999Current

Financial Performance of Precision Industrial Fastners (India).

Precision Industrial Fastners (India) Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 71.65% decrease. The company also saw a substantial fall in profitability, with a 97.03% decrease in profit. The company's net worth moved up by a moderate rise of 5.39%.

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
-71.65%
Revenue from Operations
-25.64%
Total Assets
-1.23%
Profit or Loss
-97.03%
Net Worth
5.39%
EBITDA
108.02%

What is the Ownership and Shareholding Structure of Precision Industrial Fastners (India)?

In 2021, Precision Industrial Fastners (India) 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

₹0

Satisfied Charges

₹4.00 M

Charges Breakdown by Lending Institutions

  • Model Co-Op Bank Ltd : 0.40 Cr

Latest Charge Details

DateLenderAmountStatus
12 Mar 2001Model Co-Op Bank Ltd₹4.00 MSatisfied

How Many Employees Work at Precision Industrial Fastners (India)?

Unlock and access historical data on people associated with Precision Industrial Fastners (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Precision Industrial Fastners (India), 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 Industrial Fastners (India)'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 Industrial Fastners (India)

Recent activity within the organization

  • Annual General Meeting

    Precision Industrial Fastners (India) Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Precision Industrial Fastners (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.

    31 Mar 2021

  • Charges

    A charge registered on 12 Mar 2001 via Charge ID 90143303 with Model Co-Op Bank Ltd was fully satisfied on 17 Dec 2018.

    17 Dec 2018

  • Charges

    A charge with Model Co-Op Bank Ltd of Rs. 4.00 M registered on 12 Mar 2001 with Charge ID 90143303 was modified on 17 Apr 2014.

    17 Apr 2014

  • Director Appointment

    Samit Vijay Ajgaonkar was appointed as a Director was appointed as a Director on 16 Aug 2013 & has been associated with this company since 11 years 6 months .

    16 Aug 2013

  • Charges

    A charge with Model Co-Op Bank Ltd amounted to Rs. 4.00 M with Charge ID 90143303 was registered on 12 Mar 2001.

    12 Mar 2001

Frequently asked questions

  • Precision Industrial Fastners (India) Private Limited was incorporated on 03 Dec 1999.

  • The authorized share capital of Precision Industrial Fastners (India) Private Limited is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

  • Currently 3 directors are associated with Precision Industrial Fastners (India) Private Limited.

    • Vijay Shripad Ajgaonkar
    • Josephine Vincent Fernandes
    • Samit Vijay Ajgaonkar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Precision Industrial Fastners (India) Private Limited is B-10 Oliver Mansion Mogul Lane Mahim (W), India, Mumbai, Maharashtra, 400016.

  • The corporate identification number (CIN) of Precision Industrial Fastners (India) Private Limited is U28991MH1999PTC122900 and the company number is 122900 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Precision Industrial Fastners (India) Private Limited is https://www.pifstems.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Precision Industrial Fastners (India) Private Limited has fallen by -71.65%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Precision Industrial Fastners (India) Private Limited has experienced an upsurge of 5.39%.

  • The most recent Balance Sheet for Precision Industrial Fastners (India) Private Limited was filed with the ROC on 31 Mar 2021.

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