Precision Sanitary Products Private Limited

Manufactures and sells various sanitary products, including faucets and shower enclosures.

2016 | South West Delhi, Delhi (India) | Active
Last Updated: February 07, 2025

Precision Sanitary Products Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 8 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 76.12 Cr
  • Revenue Growth 361.86%
  • Profit Growth 364.07%
  • Ebitda 520.41%
  • Net Worth 461.52%
  • Total Assets 24.85%

About Precision Sanitary Products

Precision Sanitary Products Private Limited (PSPPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 June 2016 (Eight years and eight months 3 days old ). Its registered office is in South West Delhi, Delhi, India.

The Corporate was formerly known as Paridhaan Suitings Private Limited. The Company is engaged in the Manufacturing 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 1.00 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹76.12 Cr.

Archit Garg and Rachit Garg serve as directors at the Company.

Company Details

  • Location

    South West Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74900DL2016PTC301993

  • Company No.

    301993

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jun 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

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

Board Members (2)

NameDesignationAppointment DateStatus
Archit Garg Country flag representing In Director 16-Oct-2018Current
Rachit Garg Country flag representing In Director 16-Oct-2018Current

Financial Performance of Precision Sanitary Products.

Precision Sanitary Products Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 361.86% increase. The company also saw a substantial improvement in profitability, with a 364.07% increase in profit. The company's net worth Soared by an impressive increase of 461.52%.

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
361.86%
Revenue from Operations
364.09%
Total Assets
24.85%
Profit or Loss
364.07%
Net Worth
461.52%
EBITDA
520.41%

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

In 2023, Precision Sanitary 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

₹761.20 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 76.12 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jan 2022The Hongkong And Shanghai Banking Corporation Limited₹15.00 CrOpen
24 Jan 2022The Hongkong And Shanghai Banking Corporation Limited₹1.50 CrOpen
18 Sep 2020The Hongkong And Shanghai Banking Corporation Limited₹59.62 CrOpen

How Many Employees Work at Precision Sanitary Products?

Precision Sanitary Products has a workforce of 215 employees as of Mar 29, 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 Sanitary 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 Sanitary 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 Sanitary Products

Recent activity within the organization

  • Annual General Meeting

    Precision Sanitary Products 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 with The Hongkong And Shanghai Banking Corporation Limited of Rs. 596.20 M registered on 18 Sep 2020 with Charge ID 100384197 was modified on 21 Jun 2023.

    21 Jun 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 150.00 M registered on 24 Jan 2022 with Charge ID 100528232 was modified on 19 Apr 2023.

    19 Apr 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 15.00 M registered on 24 Jan 2022 with Charge ID 100528260 was modified on 14 Apr 2023.

    14 Apr 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 15.00 M with Charge ID 100528260 was registered on 24 Jan 2022.

    24 Jan 2022

Frequently asked questions

  • Precision Sanitary Products Private Limited was incorporated on 23 Jun 2016.

  • The authorized share capital of Precision Sanitary Products Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Precision Sanitary Products Private Limited.

    • Archit Garg
    • Rachit Garg
  • As per Ministry of Corporate Affairs (Mca), the registered address of Precision Sanitary Products Private Limited is G/F Plot No. Rz-27 Naya Bazar Najafgarh, India, New Delhi, 110043.

  • The corporate identification number (CIN) of Precision Sanitary Products Private Limited is U74900DL2016PTC301993 and the company number is 301993 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Precision Sanitary Products Private Limited has risen by 361.86%.

  • As Per 2023 financial reports, 215 employees are currently employed by Precision Sanitary Products Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Precision Sanitary Products Private Limited has experienced an upsurge of 461.52%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Precision Sanitary Products Private Limited amount to ₹ 76.12 Cr.

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

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