Precision Industries Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 39 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.30 Cr
- Satisfied Charges ₹ 1.75 Cr
- Revenue Growth 12.51%
- Profit Growth 95.41%
- Ebitda -4.58%
- Net Worth -2.02%
- Total Assets -4.17%
About Precision Industries
Precision Industries Private Limited (PIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 January 1986 and has a history of 39 years and one month. Its registered office is in Alwar, Rajasthan, India.
The Corporate was formerly known as Tulsi Domestic Appliances Private Limited. The Company is engaged in the Automotive 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹2.30 Cr. The company has closed loans amounting to ₹1.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mahendra Gupta, Kusum Garg, Anshul Garg, and Two other members serve as directors at the Company.
Company Details
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Location
Alwar, Rajasthan, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U18204RJ1986PTC003502
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Company No.
003502
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
01 Jan 1986
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Jaipur
Industry
What products or services does Precision Industries Private Limited offer?
Precision Industries Private Limited offers a wide range of products and services, including Bushings & Bushing Parts, Bronze Bushes, Metal Bushes, Gunmetal Bushes, Machine Bushing, Phosphor Bronze Bushes, Bushings.
Who are the key members and board of directors at Precision Industries?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahendra Gupta
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Director | 30-Sep-2011 | Current |
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Kusum Garg
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Director | 30-Sep-2011 | Current |
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Anshul Garg
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Director | 01-Aug-2014 | Current |
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Ritesh Gupta
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Director | 01-Aug-2014 | Current |
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Hitesh Gupta
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Director | 01-Aug-2014 | Current |
Financial Performance of Precision Industries.
Precision Industries Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 12.51% increase. The company also saw a substantial improvement in profitability, with a 95.41% increase in profit. The company's net worth dipped by a decrease of 2.02%.
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What is the Ownership and Shareholding Structure of Precision Industries?
In 2021, Precision Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Hari Om Precision Alloys Pvt. Ltd.Kusum Garg, Anshul Garg and 2 more are mutual person
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Vardaan Auto Ventures Private LimitedRitesh Gupta is a mutual person
Charges (Loans)
₹2.30 Cr
₹1.75 Cr
Charges Breakdown by Lending Institutions
- Others : 2.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Aug 2018 | Others | ₹2.00 Cr | Open |
| 08 Aug 2018 | Others | ₹0.30 M | Open |
| 08 Aug 2018 | Others | ₹2.20 M | Open |
| 08 Aug 2018 | Others | ₹0.50 M | Open |
| 24 Aug 2012 | Small Industrial Development Bank Of India | ₹9.00 M | Satisfied |
How Many Employees Work at Precision Industries?
Precision Industries has a workforce of 14 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Precision Industries, 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 Industries'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.
