

Precision Weldarc Profile
Key Indicators
- Authorised Capital ₹ 4.50 Cr
- Paid Up Capital ₹ 3.93 Cr
- Company Age 18 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 18.88 Cr
- Satisfied Charges ₹ 25.35 Cr
- Revenue Growth 49.10%
- Profit Growth 75.01%
- Ebitda 319.25%
- Net Worth 13.25%
- Total Assets 28.26%
About Precision Weldarc
Precision Weldarc Limited (PWL) is a leading Public Limited Indian Non-Government Company incorporated in India on 31 March 2006 and has a history of 18 years and 11 months. Its registered office is in 14G, Everest House, Kol-700071, West Bengal.
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 4.50 Cr and a paid-up capital of Rs 3.93 Cr.
The company currently has active open charges totaling ₹18.88 Cr. The company has closed loans amounting to ₹25.35 Cr, as per Ministry of Corporate Affairs (MCA) records.
Tanay Moosaddee, Umesh Goenka, and Neelu Moosaddee serve as directors at the Company.
Company Details
- Location 14G, Everest House, Kol-700071, West Bengal
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27209WB2006PLC108826
- Company No.
108826
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
31 Mar 2006
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
What products or services does Precision Weldarc Limited offer?
Precision Weldarc Limited offers a wide range of products and services, including Metal and Alloy Wires, Welding Wires, Welding Equipments & Machinery, Welding Compounds, Agglomerated Flux, Saw Welding Wires, Metal Wire, Welding Flux, Alloy Wire, MIG Welding Wire.
Who are the key members and board of directors at Precision Weldarc?
Board Members (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Tanay Moosaddee ![]() | Whole-Time Director | 31-Mar-2006 | Current |
Umesh Goenka ![]() | Whole-Time Director | 31-Mar-2006 | Current |
Neelu Moosaddee ![]() | Director | 31-Mar-2006 | Current |
Financial Performance of Precision Weldarc.
Precision Weldarc Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.1% increase. The company also saw a substantial improvement in profitability, with a 75.01% increase in profit. The company's net worth Soared by an impressive increase of 13.25%.


- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
---|---|---|---|---|---|---|---|
Total Revenue |
| ||||||
Revenue from Operations |
| ||||||
Total Assets |
| ||||||
Profit or Loss |
| ||||||
Net Worth |
| ||||||
EBITDA |
|
What is the Ownership and Shareholding Structure of Precision Weldarc?
In 2023, Precision Weldarc had a promoter holding of 30.52% and a public holding of 69.48%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Anugrah Vanijya Llp
Tanay Moosaddee is a mutual person
- Precision Weldcon Llp
Tanay Moosaddee and Umesh Goenka are mutual person
- Jmd Fabricators Private Limited
Tanay Moosaddee is a mutual person
- Sandeep Mech. Engineers Limited
Tanay Moosaddee is a mutual person
- Panorama Advisors Private Limited
Umesh Goenka is a mutual person
Charges (Loans)
₹18.88 Cr
₹25.35 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 18.50 Cr
- Others : 0.38 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
31 Jul 2023 | Axis Bank Limited | ₹18.50 Cr | Open |
31 Jul 2023 | Others | ₹1.90 M | Open |
31 Jul 2023 | Others | ₹1.90 M | Open |
27 Sep 2022 | Hdfc Bank Limited | ₹7.00 Cr | Satisfied |
04 Jun 2022 | Hdfc Bank Limited | ₹5.50 Cr | Satisfied |
How Many Employees Work at Precision Weldarc?
Precision Weldarc has a workforce of 28 employees as of Apr 04, 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 Weldarc, 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 Weldarc'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.
Latest Updates, News, and FAQs on Precision Weldarc
Recent activity within the organization
- Charges
A charge with Axis Bank Limited of Rs. 18.50 Cr registered on 31 Jul 2023 with Charge ID 100763592 was modified on 11 Sep 2024.
- Charges
A charge registered on 27 Sep 2022 via Charge ID 100705192 with Hdfc Bank Limited was fully satisfied on 20 Nov 2023.
- Charges
A charge registered on 04 Jun 2022 via Charge ID 100582230 with Hdfc Bank Limited was fully satisfied on 20 Nov 2023.
- Charges
A charge registered on 17 Nov 2021 via Charge ID 100504529 with Hdfc Bank Limited was fully satisfied on 20 Nov 2023.
- Annual General Meeting
Precision Weldarc Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 0.19 Cr with Charge ID 100773013 was registered on 31 Jul 2023.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Precision Weldarc Limited?
Precision Weldarc Limited was incorporated on 31 Mar 2006.
What is authorized share capital and paid-up capital of Precision Weldarc Limited?
The authorized share capital of Precision Weldarc Limited is ₹ 4.50 Cr and paid-up capital is ₹ 3.93 Cr.
Who are the current board members & directors of Precision Weldarc Limited?
Currently 3 directors are associated with Precision Weldarc Limited.
- Tanay Moosaddee
- Umesh Kumar Goenka
- Neelu Moosaddee
What is the registered address of Precision Weldarc Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Precision Weldarc Limited is 46C Chowringhee Road Flat14G Everest House Kol-700071 14G House, India, West Bengal.
What is the corporate identification number (CIN) and company number of Precision Weldarc Limited?
The corporate identification number (CIN) of Precision Weldarc Limited is U27209WB2006PLC108826 and the company number is 108826 as per Ministry of Corporate Affairs (MCA).
What is the official website of Precision Weldarc Limited?
The Official website of Precision Weldarc Limited is https://www.grouprecision.com
What has been the recent revenue trend for Precision Weldarc Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Precision Weldarc Limited has risen by 49.10%.
How many employees does Precision Weldarc Limited currently have?
As Per 2023 financial reports, 28 employees are currently employed by Precision Weldarc Limited.
What change has been observed in the net worth of Precision Weldarc Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Precision Weldarc Limited has experienced an upsurge of 13.25%.
What are the total open charges for Precision Weldarc Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Precision Weldarc Limited amount to ₹ 18.88 Cr.
When was the last Balance Sheet of Precision Weldarc Limited filed with the ROC?
The most recent Balance Sheet for Precision Weldarc Limited was filed with the ROC on 31 Mar 2023.