Precision Mass Products Private Limited logo

Precision Mass Products Private Limited

Manufactures pressure and temperature instruments, including gauges, switches, and test instruments.
2008 | Ahmedabad, Gujarat (India) | Active

Last Updated:

June 29, 2024
HomeCompanyPrecision Mass Products Private Limited

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

Board Members(4)

NameDesignationAppointment DateStatus
Nishit Patel In Director 03-Mar-2008Current
Pankajbhai Patel In Director 28-Feb-2008Current
Harishbhai Patel In Director 28-Feb-2008Current
Valmik Patel In Director 22-Sep-2019Current

Financial Performance and Corporate Structure Insights of Precision Mass Products.

Precision Mass Products Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.75% increase. The company also saw a substantial improvement in profitability, with a 46.63% increase in profit. The company's net worth Soared by an impressive increase of 31.35%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
24.75%
Revenue from Operations
25.11%
Total Assets
13.35%
Profit or Loss
46.63%
Net Worth
31.35%
EBITDA
32.83%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹11.00 Cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 25 Oct 2022
₹1.84 MOpen

Hdfc Bank Limited

Creation Date: 01 May 2019
₹4.25 CrOpen

Others

Creation Date: 11 Sep 2015
₹6.56 CrOpen

How Many Employees Work at Precision Mass Products?

Precision Mass Products has a workforce of 98 employees as of Apr 07, 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.

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Latest Updates, News, and FAQs on Precision Mass Products

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Precision Mass Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100642494 was registered on 25 Oct 2022.

    25 Oct 2022

  • Charges

    A charge with Others of Rs. 6.56 Cr registered on 11 Sep 2015 with Charge ID 10595228 was modified on 17 Aug 2020.

    17 Aug 2020

  • Director Appointment

    Valmik Pankaj Patel was appointed as a Director was appointed as a Director on 22 Sep 2019 & has been associated with this company since 5 years 1 month .

    22 Sep 2019

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.25 Cr with Charge ID 100263087 was registered on 01 May 2019.

    01 May 2019

Frequently asked questions

  • Precision Mass Products Private Limited was incorporated on 28 Feb 2008.

  • The authorized share capital of Precision Mass Products Private Limited is ₹ 1.60 Cr and paid-up capital is ₹ 1.60 Cr.

  • Currently 4 directors are associated with Precision Mass Products Private Limited.

    • Nishit Pankaj Patel
    • Pankajbhai Prahladbhai Patel
    • Harishbhai Prahladbhai Patel
    • Valmik Pankaj Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Precision Mass Products Private Limited is B-23 Shivanand Apartment B/H Mandakini Society K.K. Nagar Road Ghatlodiya, Ahmedabad, Gujarat, India, 380061.

  • The corporate identification number (CIN) of Precision Mass Products Private Limited is U29190GJ2008PTC053086 and the company number is 053086 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Precision Mass Products Private Limited is https://www.precisionmass.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Precision Mass Products Private Limited has risen by 24.75%.

  • As Per 2023 financial reports, 98 employees are currently employed by Precision Mass Products Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Precision Mass Products Private Limited has experienced an upsurge of 31.35%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Precision Mass Products Private Limited amount to ₹ 11.00 Cr.

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

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