Precision Infratech Private Limited

Specializes in fabrication, installation, and supply of gates, hoists, and cranes for hydroelectric and irrigation projects.

1995 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 17, 2024

Precision Infratech Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 17.77 Cr
  • Company Age 29 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 128.86 Cr
  • Satisfied Charges ₹ 117.48 Cr
  • Revenue Growth 5.25%
  • Profit Growth -60.35%
  • Ebitda -40.89%
  • Net Worth 2.82%
  • Total Assets 13.41%

About Precision Infratech

Precision Infratech Private Limited (PIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 June 1995 and has a history of 29 years and seven months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Precision Technofab And Engineering Limited. The Company is engaged in the Engineering 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 25.00 Cr and a paid-up capital of Rs 17.77 Cr.

The company currently has active open charges totaling ₹128.86 Cr. The company has closed loans amounting to ₹117.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Precision Infratech Private Limited India is Dharmvijay Solanki as COMPANY SECRETARY. Nalin Vibhakar, Minaxi Vibhakar, and Bhaskar Vibhakar serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45200GJ1995PTC026419

  • Company No.

    026419

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Jun 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Engineering

What products or services does Precision Infratech Private Limited offer?

Precision Infratech Private Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Windmills & Wind Turbines, Machines & Equipments, Industrial Washing Machine, Generators, Turbines & Power Plants, Power Turbine, Control Equipment.

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

Executive Team (1)

Name Designation Appointment Date Status
Dharmvijay Solanki Country flag representing In Company Secretary 14-Jun-2023 Current

Board Members (3)

Name Designation Appointment Date Status
Nalin Vibhakar Country flag representing In Director 21-Jun-1995 Current
Minaxi Vibhakar Country flag representing In Director 21-Jun-1995 Current
Bhaskar Vibhakar Country flag representing In Director 21-Jun-1995 Current

Financial Performance of Precision Infratech.

Precision Infratech Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.25% increase. The company also saw a substantial fall in profitability, with a 60.35% decrease in profit. The company's net worth moved up by a moderate rise of 2.82%.

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
5.25%
Revenue from Operations
8.21%
Total Assets
13.41%
Profit or Loss
-60.35%
Net Worth
2.82%
EBITDA
-40.89%

What is the Ownership and Shareholding Structure of Precision Infratech?

In 2023, Precision Infratech had a promoter holding of 49.61% and a public holding of 50.39%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹128.86 Cr

Satisfied Charges

₹117.48 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 126.80 Cr
  • Others : 1.00 Cr
  • Global Trust Bank Ltd. : 1.00 Cr
  • Dhanlaxmi Bank Ltd. : 0.07 Cr

Latest Charge Details

Date Lender Amount Status
31 Aug 2023 Hdfc Bank Limited ₹4.30 M Open
07 Jul 2023 Hdfc Bank Limited ₹126.37 Cr Open
30 Apr 2017 Others ₹1.00 Cr Open
13 Jan 2003 Dhanlaxmi Bank Ltd. ₹0.65 M Open
23 Aug 1996 Global Trust Bank Ltd. ₹1.00 Cr Open

How Many Employees Work at Precision Infratech?

Precision Infratech has a workforce of 17 employees as of Apr 01, 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 Infratech, 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 Infratech'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 Infratech

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 126.37 Cr registered on 07 Jul 2023 with Charge ID 100758598 was modified on 02 Apr 2024.

    02 Apr 2024

  • Annual General Meeting

    Precision Infratech 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 05 Sep 2022 via Charge ID 100609911 with Others was fully satisfied on 12 Sep 2023.

    12 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.43 Cr with Charge ID 100775986 was registered on 31 Aug 2023.

    31 Aug 2023

  • Charges

    A charge registered on 14 Dec 1995 via Charge ID 90113115 with Others was fully satisfied on 21 Jul 2023.

    21 Jul 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 126.37 Cr with Charge ID 100758598 was registered on 07 Jul 2023.

    07 Jul 2023

Frequently asked questions

  • Precision Infratech Private Limited was incorporated on 21 Jun 1995.

  • The authorized share capital of Precision Infratech Private Limited is ₹ 25.00 Cr and paid-up capital is ₹ 17.77 Cr.

  • Currently 4 directors are associated with Precision Infratech Private Limited.

    • Nalin Pranlal Vibhakar
    • Minaxi Bhaskar Vibhakar
    • Bhaskar Pranlal Vibhakar
    • Dharmvijay Narsangbhai Solanki
  • As per Ministry of Corporate Affairs (Mca), the registered address of Precision Infratech Private Limited is 7/C-D Suryarath Panchwatiellisbridge, Ahmedabad, Gujarat, India, 380006.

  • The corporate identification number (CIN) of Precision Infratech Private Limited is U45200GJ1995PTC026419 and the company number is 026419 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Precision Infratech Private Limited is https://www.precisioninfratech.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Precision Infratech Private Limited has risen by 5.25%.

  • As Per 2023 financial reports, 17 employees are currently employed by Precision Infratech Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Precision Infratech Private Limited has experienced an upsurge of 2.82%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Precision Infratech Private Limited amount to ₹ 128.86 Cr.

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

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