Precission Fabrics India Private Limited

Manufactures and trades knitted and crocheted fabrics, yarns, and garments since 2003.

2003 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Precission Fabrics India Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 3.50 M
  • Company Age 22 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.97 Cr
  • Satisfied Charges ₹ 3.55 M
  • Revenue Growth 9.56%
  • Profit Growth -28.09%
  • Ebitda 25.91%
  • Net Worth 13.84%
  • Total Assets 20.41%

About Precission Fabrics India

Precission Fabrics India Private Limited (PFIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 March 2003 and has a history of 22 years and two months. Its registered office is in Coimbatore, Tamil Nadu, India.

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 3.50 M and a paid-up capital of Rs 3.50 M.

The company currently has active open charges totaling ₹11.97 Cr. The company has closed loans amounting to ₹3.55 M, as per Ministry of Corporate Affairs (MCA) records.

Poojaa Shivani, Kalaiselvi, and Vattakkalvalasu Shanmugasundaram serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17299TZ2003PTC010514

  • Company No.

    010514

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Mar 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

What products or services does Precission Fabrics India Private Limited offer?

Precission Fabrics India Private Limited offers a wide range of products and services, including Kids Casual, Ethnic & Western Wear, Kids Socks.

Company report

Precission Fabrics India Private Limited

Explore comprehensive data for Precission Fabrics India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Precission Fabrics India?

Executive Team (1)

NameDesignationAppointment DateStatus
Vattakkalvalasu Shanmugasundaram Country flag representing In Managing Director13-Mar-2003Current

Board Members (2)

NameDesignationAppointment DateStatus
Poojaa Shivani Country flag representing In Director 15-Jun-2020Current
Kalaiselvi Country flag representing In Director 13-Mar-2003Current

Financial Performance of Precission Fabrics India.

Precission Fabrics India Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.56% increase. The company also saw a substantial fall in profitability, with a 28.09% decrease in profit. The company's net worth Soared by an impressive increase of 13.84%.

Precission Fabrics India revenue growth over time
Precission Fabrics India 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
9.56%
Revenue from Operations
10.01%
Total Assets
20.41%
Profit or Loss
-28.09%
Net Worth
13.84%
EBITDA
25.91%

What is the Ownership and Shareholding Structure of Precission Fabrics India?

In 2023, Precission Fabrics 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

₹119.70 M

Satisfied Charges

₹3.55 M

Charges Breakdown by Lending Institutions

  • Others : 11.91 Cr
  • Hdfc Bank Limited : 0.06 Cr

Latest Charge Details

DateLenderAmountStatus
26 Jul 2024Others₹3.50 CrOpen
16 Dec 2022Others₹5.82 CrOpen
18 May 2022Hdfc Bank Limited₹0.60 MOpen
11 Dec 2018Others₹2.35 MOpen
11 Dec 2017Others₹3.55 MOpen

How Many Employees Work at Precission Fabrics India?

Precission Fabrics India has a workforce of 362 employees as of Apr 08, 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.

Employee growth trends for Precission Fabrics India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Precission Fabrics 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 Precission Fabrics 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 Precission Fabrics India

Recent activity within the organization

  • Annual General Meeting

    Precission Fabrics India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 35.00 M with Charge ID 100965550 was registered on 26 Jul 2024.

  • Balance Sheet

    Precission Fabrics India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Charges

    A charge with Others amounted to Rs. 58.20 M with Charge ID 100681305 was registered on 16 Dec 2022.

  • Charges

    A charge with Others of Rs. 20.00 M registered on 13 Dec 2008 with Charge ID 10138819 was modified on 16 Dec 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.60 M with Charge ID 100583417 was registered on 18 May 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Precission Fabrics India Private Limited?

    Precission Fabrics India Private Limited was incorporated on 13 Mar 2003.

  • What is authorized share capital and paid-up capital of Precission Fabrics India Private Limited?

    The authorized share capital of Precission Fabrics India Private Limited is ₹ 3.50 M and paid-up capital is ₹ 3.50 M.

  • Who are the current board members & directors of Precission Fabrics India Private Limited?

    Currently 3 directors are associated with Precission Fabrics India Private Limited.

    • Poojaa Shivani
    • Kalaiselvi
    • Vattakkalvalasu Sengottuvelappan Shanmugasundaram
  • What is the registered address of Precission Fabrics India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Precission Fabrics India Private Limited is 503Veeraboyar Colony Dr Nanjappa Road India, Coimbatore, Tamil Nadu, 641108.

  • What is the corporate identification number (CIN) and company number of Precission Fabrics India Private Limited?

    The corporate identification number (CIN) of Precission Fabrics India Private Limited is U17299TZ2003PTC010514 and the company number is 010514 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Precission Fabrics India Private Limited?

    The Official website of Precission Fabrics India Private Limited is https://www.merinoonline.in

  • What has been the recent revenue trend for Precission Fabrics India Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Precission Fabrics India Private Limited has risen by 9.56%.

  • How many employees does Precission Fabrics India Private Limited currently have?

    As Per 2023 financial reports, 362 employees are currently employed by Precission Fabrics India Private Limited.

  • What change has been observed in the net worth of Precission Fabrics India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Precission Fabrics India Private Limited has experienced an upsurge of 13.84%.

  • What are the total open charges for Precission Fabrics India Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Precission Fabrics India Private Limited amount to ₹ 11.97 Cr.

  • When was the last Balance Sheet of Precission Fabrics India Private Limited filed with the ROC?

    The most recent Balance Sheet for Precission Fabrics India Private Limited was filed with the ROC on 31 Mar 2024.

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