Precitec Precision Machineries Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 2.60 M
- Company Age 15 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 8.48 Cr
- Satisfied Charges ₹ 4.05 Cr
- Revenue Growth -36.43%
- Profit Growth -44.68%
- Ebitda -158.56%
- Net Worth 8.05%
- Total Assets 5.33%
About Precitec Precision Machineries
Precitec Precision Machineries Private Limited (PPMPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 November 2009 and has a history of 15 years and two months. Its registered office is in Bangaluru, Karnataka, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 2.60 M.
The company currently has active open charges totaling ₹8.48 Cr. The company has closed loans amounting to ₹4.05 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ravindra Honnudike and Nikhila Honnudike serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U31909KA2009PTC051667
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Company No.
051667
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
30 Nov 2009
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Precitec Precision Machineries Private Limited offer?
Precitec Precision Machineries Private Limited offers a wide range of products and services, including CNC Machines & Lathe Machine, Lathe Machine, Drilling & Boring Equipment, Industrial Drilling Machine, Drilling Machine Parts, Milling & Grinding Tools, Milling Machines, Analyzers & Analytical Instruments, High Pressure Liquid Chromatography System, Recessing Tools.
Who are the key members and board of directors at Precitec Precision Machineries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nikhila Honnudike
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Managing Director | 30-Nov-2009 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Ravindra Honnudike
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Director | 30-Nov-2009 | Current |
Financial Performance of Precitec Precision Machineries.
Precitec Precision Machineries Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 36.43% decrease. The company also saw a substantial fall in profitability, with a 44.68% decrease in profit. The company's net worth moved up by a moderate rise of 8.05%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Precitec Precision Machineries?
In 2023, Precitec Precision Machineries had a public holding of 0.12%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹84.78 M
₹40.50 M
Charges Breakdown by Lending Institutions
- Canara Bank : 8.48 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Feb 2018 | Canara Bank | ₹0.75 M | Open |
| 18 Dec 2017 | Canara Bank | ₹0.58 M | Open |
| 01 Feb 2011 | Canara Bank | ₹8.34 Cr | Open |
| 07 Jun 2010 | Canara Bank | ₹4.05 Cr | Satisfied |
How Many Employees Work at Precitec Precision Machineries?
Precitec Precision Machineries has a workforce of 41 employees as of Apr 06, 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 Precitec Precision Machineries, 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 Precitec Precision Machineries'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.
