Precision Tubes (India) Limited

Real estate rental and leasing services for residential properties.

1985 | Himachal Pradesh, Himachal Pradesh (India) | Active
Last Updated: December 24, 2024

Precision Tubes (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.20 Cr
  • Paid Up Capital ₹ 0.75 M
  • Company Age 39 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 159.14 Cr
  • Satisfied Charges ₹ 4.18 M
  • Revenue Growth %
  • Profit Growth -10.11%
  • Ebitda 10.47%
  • Net Worth 3.11%
  • Total Assets 42.01%

About Precision Tubes (India)

Precision Tubes (India) Limited (PTIL) is a Public Limited Indian Non-Government Company incorporated in India on 17 May 1985 and has a history of 39 years and eight months. Its registered office is in Himachal Pradesh, Himachal Pradesh.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.20 Cr and a paid-up capital of Rs 0.75 M.

The company currently has active open charges totaling ₹159.14 Cr. The company has closed loans amounting to ₹4.18 M, as per Ministry of Corporate Affairs (MCA) records.

Anil Kumar, Anand Verma, and Mukesh Badal serve as directors at the Company.

Company Details

  • Location
    Himachal Pradesh, Himachal Pradesh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27202HP1985PLC006277

  • Company No.

    006277

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 May 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Himachal Pradesh

Industry

Financial Services

Who are the key members and board of directors at Precision Tubes (India)?

Board Members (3)

Name Designation Appointment Date Status
Anil Kumar Country flag representing In Director 07-Jul-2015 Current
Anand Verma Country flag representing In Director 10-Apr-2019 Current
Mukesh Badal Additional Director 17-Oct-2024 Current

Financial Performance of Precision Tubes (India).

Precision Tubes (India) Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 10.11% decrease in profit. The company's net worth moved up by a moderate rise of 3.11%.

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
Revenue from Operations
Total Assets
42.01%
Profit or Loss
-10.11%
Net Worth
3.11%
EBITDA
10.47%

What is the Ownership and Shareholding Structure of Precision Tubes (India)?

In 2023, Precision Tubes (India) 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

₹159.14 Cr

Satisfied Charges

₹0.42 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 159.14 Cr

Latest Charge Details

Date Lender Amount Status
12 May 2023 Hdfc Bank Limited ₹55.87 Cr Open
19 Feb 2021 Hdfc Bank Limited ₹4.72 Cr Open
19 Feb 2021 Hdfc Bank Limited ₹5.00 Cr Open
05 Oct 2018 Hdfc Bank Limited ₹18.44 Cr Open
19 Dec 2017 Hdfc Bank Limited ₹5.11 Cr Open

How Many Employees Work at Precision Tubes (India)?

Unlock and access historical data on people associated with Precision Tubes (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Precision Tubes (India), 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 Tubes (India)'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 Tubes (India)

Recent activity within the organization

  • Director Appointment

    Mukesh Badal was appointed as a Additional Director was appointed as a Additional Director on 17 Oct 2024 & has been associated with this company since 3 months 22 days .

    17 Oct 2024

  • Annual General Meeting

    Precision Tubes (India) Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 55.87 Cr registered on 12 May 2023 with Charge ID 100727230 was modified on 24 Apr 2024.

    24 Apr 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 70.00 Cr registered on 31 Aug 2015 with Charge ID 10598820 was modified on 24 Apr 2024.

    24 Apr 2024

  • Balance Sheet

    Precision Tubes (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Himachal Pradesh.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 55.87 Cr with Charge ID 100727230 was registered on 12 May 2023.

    12 May 2023

Frequently asked questions

  • Precision Tubes (India) Limited was incorporated on 17 May 1985.

  • The authorized share capital of Precision Tubes (India) Limited is ₹ 1.20 Cr and paid-up capital is ₹ 0.75 M.

  • Currently 3 directors are associated with Precision Tubes (India) Limited.

    • Anil Kumar
    • Anand Kishor Verma
    • Mukesh Badal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Precision Tubes (India) Limited is Plot No 31Sector 5 Parwanoo Distt Solan India, Himachal Pradesh.

  • The corporate identification number (CIN) of Precision Tubes (India) Limited is U27202HP1985PLC006277 and the company number is 006277 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2023 indicates that The net worth of Precision Tubes (India) Limited has experienced an upsurge of 3.11%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Precision Tubes (India) Limited amount to ₹ 159.14 Cr.

  • The most recent Balance Sheet for Precision Tubes (India) Limited was filed with the ROC on 31 Mar 2024.

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