Precision Woollen Mills Pvt Ltd
Provides support services for manufacturing and engineering, established in 1985 in Mumbai.
1985 | Mumbai, Maharashtra (India) | Active
Precision Woollen Mills Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 1.04 M
- Company Age 40 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 16.65 Cr
- Revenue Growth 601.16%
- Profit Growth 97.58%
- Ebitda 100.34%
- Net Worth -0.24%
- Total Assets 1.48%
About Precision Woollen Mills
Precision Woollen Mills Pvt Ltd (PWMPL) is a Private Limited Indian Non-Government Company incorporated in India on 31 January 1985 and has a history of 40 years and two months. Its registered office is in Mumbai, Maharashtra, India.
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 2.00 M and a paid-up capital of Rs 1.04 M.
The company has closed loans amounting to ₹16.65 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Rittu Bhatia, Nikhil Bhatia, and Manjula Bhatia serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17120MH1985PTC035218
- Company No.
035218
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
31 Jan 1985
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Business Services
Precision Woollen Mills Pvt Ltd
Explore comprehensive data for Precision Woollen Mills Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Precision Woollen Mills?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rittu Bhatia  | Director | 09-Apr-2019 | Current |
| Nikhil Bhatia | Director | 09-Apr-2019 | Current |
| Manjula Bhatia | Director | 24-Nov-2004 | Current |
Financial Performance of Precision Woollen Mills.
Precision Woollen Mills Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 601.16% increase. The company also saw a substantial improvement in profitability, with a 97.58% increase in profit. The company's net worth dipped by a decrease of 0.24%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Precision Woollen Mills?
In 2022, Precision Woollen Mills had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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- Pradman Engineering Private Limited
Rittu Bhatia and Nikhil Bhatia are mutual person
- Pradman Trading Co Pvt Ltd
Nikhil Bhatia and Manjula Bhatia are mutual person
- Prasanna Properties And Traders Private Limited
Nikhil Bhatia and Manjula Bhatia are mutual person
- Mystic Travels Private Limited
Rittu Bhatia, Nikhil Bhatia and 1 more are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹166.50 M
Charges Breakdown by Lending Institutions
- Others : 6.50 Cr
- Axis Bank Ltd. : 5.00 Cr
- Axis Bank Limited : 5.00 Cr
- Andhra Bank : 0.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Mar 2021 | Others | ₹6.50 Cr | Satisfied |
| 10 Nov 2014 | Axis Bank Limited | ₹5.00 Cr | Satisfied |
| 28 Mar 2014 | Axis Bank Ltd. | ₹5.00 Cr | Satisfied |
| 17 Dec 1990 | Andhra Bank | ₹1.50 M | Satisfied |
How Many Employees Work at Precision Woollen Mills?
Unlock and access historical data on people associated with Precision Woollen Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Precision Woollen Mills, 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 Woollen Mills'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 Woollen Mills
Recent activity within the organization
- Annual General Meeting
Precision Woollen Mills Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Precision Woollen Mills Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 10 Nov 2014 via Charge ID 10534329 with Axis Bank Limited was fully satisfied on 15 Feb 2024.
- Charges
A charge registered on 28 Mar 2014 via Charge ID 10487908 with Axis Bank Ltd. was fully satisfied on 15 Feb 2024.
- Charges
A charge registered on 05 Mar 2021 via Charge ID 100443870 with Others was fully satisfied on 10 May 2023.
- Charges
A charge with Others amounted to Rs. 65.00 M with Charge ID 100443870 was registered on 05 Mar 2021.
Frequently asked questions
What is the Incorporation or founding date of Precision Woollen Mills Pvt Ltd?
Precision Woollen Mills Pvt Ltd was incorporated on 31 Jan 1985.
What is authorized share capital and paid-up capital of Precision Woollen Mills Pvt Ltd?
The authorized share capital of Precision Woollen Mills Pvt Ltd is ₹ 2.00 M and paid-up capital is ₹ 1.04 M.
Who are the current board members & directors of Precision Woollen Mills Pvt Ltd?
Currently 3 directors are associated with Precision Woollen Mills Pvt Ltd.
- Rittu Nikhil Bhatia
- Nikhil Pradip Bhatia
- Manjula Bhatia
What is the registered address of Precision Woollen Mills Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Precision Woollen Mills Pvt Ltd is 3/1 And 1A Pushpa Vihar Opp Colaba Post Office, India, Mumbai, Maharashtra, 400005.
What is the corporate identification number (CIN) and company number of Precision Woollen Mills Pvt Ltd?
The corporate identification number (CIN) of Precision Woollen Mills Pvt Ltd is U17120MH1985PTC035218 and the company number is 035218 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Precision Woollen Mills Pvt Ltd?
According to the financial reports for the fiscal year 2022, the revenue trend for Precision Woollen Mills Pvt Ltd has risen by 601.16%.
What change has been observed in the net worth of Precision Woollen Mills Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Precision Woollen Mills Pvt Ltd has experienced an downturn of -0.24%.
When was the last Balance Sheet of Precision Woollen Mills Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Precision Woollen Mills Pvt Ltd was filed with the ROC on 31 Mar 2024.
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