Precision Mass Products Private Limited

Manufactures pressure and temperature instruments, including gauges, switches, and test instruments.

2008 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

Precision Mass Products Profile

Key Indicators

  • Authorised Capital ₹ 1.60 Cr
  • Paid Up Capital ₹ 1.60 Cr
  • Company Age 16 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11.00 Cr
  • Revenue Growth 24.75%
  • Profit Growth 46.63%
  • Ebitda 32.83%
  • Net Worth 31.35%
  • Total Assets 13.35%

About Precision Mass Products

Precision Mass Products Private Limited (PMPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 February 2008 and has a history of 16 years and 11 months. Its registered office is in Ahmedabad, Gujarat, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.60 Cr and a paid-up capital of Rs 1.60 Cr.

The company currently has active open charges totaling ₹11.00 Cr.

Harishbhai Patel, Pankajbhai Patel, Nishit Patel, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    precisionmass.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29190GJ2008PTC053086

  • Company No.

    053086

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Feb 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Precision Mass Products Private Limited offer?

Precision Mass Products Private Limited offers a wide range of products and services, including Pressure Gauge, Brass Pressure Gauges, Measurement Gauges & Gauge Fittings, Industrial Pipe & Tube Fittings, Tube Fittings, Seals, Diaphragm Seals, Pipeline Accessories, Thermowell, Seals, Oil Seals & Industrial Seals.

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

Board Members (4)

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

Financial Performance 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%.

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
24.75%
Revenue from Operations
25.11%
Total Assets
13.35%
Profit or Loss
46.63%
Net Worth
31.35%
EBITDA
32.83%

What is the Ownership and Shareholding Structure of Precision Mass Products?

In 2023, Precision Mass Products 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

₹11.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 6.56 Cr
  • Hdfc Bank Limited : 4.43 Cr

Latest Charge Details

DateLenderAmountStatus
25 Oct 2022Hdfc Bank Limited₹1.84 MOpen
01 May 2019Hdfc Bank Limited₹4.25 CrOpen
11 Sep 2015Others₹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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Precision Mass Products, 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 Mass Products'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 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 5 months .

    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.

    • Harishbhai Prahladbhai Patel
    • Pankajbhai Prahladbhai Patel
    • Nishit Pankaj 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 India, Ahmedabad, Gujarat, 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.