Precision Wires India Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 17.87 Cr
- Company Age 35 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 570.03 Cr
- Satisfied Charges ₹ 272.50 Cr
- Revenue Growth 13.58%
- Profit Growth -5.58%
- Ebitda -9.32%
- Net Worth 23.41%
- Total Assets 5.63%
About Precision Wires India
Precision Wires India Limited (PWIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 November 1989 and has a history of 35 years and four months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 523539 and on the National Stock Exchange(NSE) under PRECWIRE.
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 2024. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 17.87 Cr.
The company currently has active open charges totaling ₹570.03 Cr. The company has closed loans amounting to ₹272.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Precision Wires India Limited India are Deepika Pandey as COMPANY SECRETARY and C Pai as Cfo. Sanjay Singhvi, Asha Morley, Manoj Lekhrajani, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
Manufacturing
What products or services does Precision Wires India Limited offer?
Precision Wires India Limited offers a wide range of products and services, including Laptops, Dell Laptops, Arcade, Game Consoles & Accessories, PC Gaming & Accessories, Winding Wire, Enamelled Winding Wire, Electrical Conductors, Metal and Alloy Wires, Insulated Copper Conductors.
Who are the key members and board of directors at Precision Wires India?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Deepika Pandey  | Company Secretary | 27-Feb-2020 | Current |
| C Pai | CFO | 28-May-2014 | Current |
| Milan Mehta | Managing Director | 28-Aug-2015 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sanjay Singhvi | Director | 10-Aug-2024 | Current |
| Manoj Lekhrajani | Director | 06-Mar-2024 | Current |
| Asha Morley | Director | 23-Jun-2023 | Current |
| Niraj Bhukhanwala | Director | 27-May-2022 | Current |
| Deepak Mehta | Whole-Time Director | 01-Aug-2007 | Current |
Financial Performance of Precision Wires India.
Precision Wires India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.58% increase. The company also saw a slight decrease in profitability, with a 5.58% decrease in profit. The company's net worth Soared by an impressive increase of 23.41%.
- 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 Wires India?
In 2023, Precision Wires India had a promoter holding of 57.93% and a public holding of 42.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
_PRIVATE_LIMITED_403818.webp)
Pharmapoint (India) Private LimitedManoj Lekhrajani is a mutual person
Absolute Distribution Solutions Private LimitedManoj Lekhrajani is a mutual person
Piramal Fund Management Private LimitedNiraj Bhukhanwala is a mutual person
Bhukhanvala Holdings Private LimitedNiraj Bhukhanwala is a mutual person
- Hifin Capital Private Limited
Niraj Bhukhanwala is a mutual person
Bhukhanvala Industries Private LimitedNiraj Bhukhanwala is a mutual person
Charges (Loans)
Open Charges
₹570.03 Cr
Satisfied Charges
₹272.50 Cr
Charges Breakdown by Lending Institutions
- Others : 310.03 Cr
- Hdfc Bank Limited : 260.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jul 2024 | Others | ₹35.00 Cr | Open |
| 24 Feb 2023 | Hdfc Bank Limited | ₹35.00 Cr | Open |
| 13 Feb 2020 | Hdfc Bank Limited | ₹225.00 Cr | Open |
| 19 Apr 2018 | Others | ₹275.00 Cr | Open |
| 08 Aug 2002 | Others | ₹0.35 M | Open |
How Many Employees Work at Precision Wires India?
Precision Wires India has a workforce of 671 employees as of Jun 19, 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 Wires 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 Wires India'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 Wires India
Recent activity within the organization
- Annual General Meeting
Precision Wires India Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 19 Apr 2018 via Charge ID 100176856 with Others was fully satisfied on 13 Sep 2024.
- Director Appointment
Sanjay Singhvi was appointed as a Director was appointed as a Director on 10 Aug 2024 & has been associated with this company since 7 months 18 days .
- Charges
A charge with Others amounted to Rs. 35.00 Cr with Charge ID 100957848 was registered on 31 Jul 2024.
- Balance Sheet
Precision Wires India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Manoj Ghanshyam Lekhrajani was appointed as a Director was appointed as a Director on 06 Mar 2024 & has been associated with this company since 1 year 22 days .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Precision Wires India Limited?
Precision Wires India Limited was incorporated on 23 Nov 1989.
What is authorized share capital and paid-up capital of Precision Wires India Limited?
The authorized share capital of Precision Wires India Limited is ₹ 25.00 Cr and paid-up capital is ₹ 17.87 Cr.
Who are the current board members & directors of Precision Wires India Limited?
Currently 8 directors are associated with Precision Wires India Limited.
- Deepika Lalchandra Pandey
- C Mohandas Pai
- Sanjay Singhvi
- Asha Morley
- Manoj Ghanshyam Lekhrajani
- Niraj Pankaj Bhukhanwala
- Deepak Mahendra Mehta
- Milan Mahendra Mehta
What is the registered address of Precision Wires India Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Precision Wires India Limited is Saiman Hsc 2Nd Flr 1St Khedgall Khed Galli Prabhadevi India, Mumbai, Maharashtra, 400025.
What is the corporate identification number (CIN) and company number of Precision Wires India Limited?
The corporate identification number (CIN) of Precision Wires India Limited is L31300MH1989PLC054356 and the company number is 054356 as per Ministry of Corporate Affairs (MCA).
Is Precision Wires India Limited registered with any stock exchange in India?
Yes, Precision Wires India Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): PRECWIRE.
What is the official website of Precision Wires India Limited?
The Official website of Precision Wires India Limited is https://www.precisionwires.com
What has been the recent revenue trend for Precision Wires India Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Precision Wires India Limited has risen by 13.58%.
How many employees does Precision Wires India Limited currently have?
As Per 2023 financial reports, 671 employees are currently employed by Precision Wires India Limited.
What change has been observed in the net worth of Precision Wires India Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Precision Wires India Limited has experienced an upsurge of 23.41%.
What are the total open charges for Precision Wires India Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Precision Wires India Limited amount to ₹ 570.03 Cr.
When was the last Balance Sheet of Precision Wires India Limited filed with the ROC?
The most recent Balance Sheet for Precision Wires India Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
Vijay CrishnaDirector
Swati MaheshwariDirectorMM
Mahendra MehtaDirectorPM
Pratap MerchantDirectorPR
Pradip RoyDirectorAK
Ashwin KothariDirectorPV
Pazhyanur VencatesanDirector