Precision Techserve Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
as on 26-06-2024
- Paid Up Capital ₹ 1.61 M
as on 26-06-2024
- Company Age 25 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.00 Cr
as on 26-06-2024
- Satisfied Charges ₹ 7.48 Cr
as on 26-06-2024
- Revenue 13.98%
(FY 2022)
- Profit 74.78%
(FY 2022)
- Ebitda 42.42%
(FY 2022)
- Net Worth 508.98%
(FY 2022)
- Total Assets 28.13%
(FY 2022)
About Precision Techserve
The Company is engaged in the Information Technology 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 1.50 Cr and a paid-up capital of Rs 1.61 M.
The company currently has active open charges totaling ₹5.00 Cr. The company has closed loans amounting to ₹7.48 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mathew Chacko, Thanjavur Ramesh, and Viswanathan Murali serve as directors at the Company.
- CIN/LLPIN
U51909TN1999PTC041955
- Company No.
041955
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Feb 1999
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Precision Techserve?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Thanjavur Ramesh  | Director | 23-Feb-1999 | Current |
| Viswanathan Murali | Director | 23-Feb-1999 | Current |
| Mathew Chacko | Director | 23-Feb-1999 | Current |
Financial Performance and Corporate Structure Insights of Precision Techserve.
Precision Techserve Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 13.98% increase. The company also saw a substantial improvement in profitability, with a 74.78% increase in profit. The company's net worth Soared by an impressive increase of 508.98%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Precision Techserve?
In 2022, Precision Techserve 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)
Precision Infomatic (Madras ) Private LimitedActive 28 years 5 monthsMathew Chacko, Thanjavur Ramesh and 1 more are mutual person
- Precision Galaxy Private LimitedActive 24 years 11 months
Mathew Chacko, Thanjavur Ramesh and 1 more are mutual person
Precision Biometric India Private LimitedActive 23 years 3 monthsMathew Chacko, Thanjavur Ramesh and 1 more are mutual person
- Precision Techconet Private LimitedActive 22 years 10 months
Mathew Chacko, Thanjavur Ramesh and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 30 Jun 2022 | ₹5.00 Cr | Open |
Canara Bank Creation Date: 30 Jan 2006 | ₹7.10 Cr | Satisfied |
Bank Of Baroda Creation Date: 16 Jul 2003 | ₹0.75 M | Satisfied |
How Many Employees Work at Precision Techserve?
Precision Techserve has a workforce of 813 employees as of Apr 05, 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 Techserve, 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 Techserve'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.
