Precitech Turnings Private Limited

Supplier of precision turned, machined, and cold forged components for various industries, with international exports.

2001 | Delhi (India) | Active
Last Updated:

Precitech Turnings Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.20 M
  • Company Age 23 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.40 Cr
  • Satisfied Charges ₹ 1.57 Cr
  • Revenue Growth 8.10%
  • Profit Growth 299.17%
  • Ebitda -43.88%
  • Net Worth 45.04%
  • Total Assets -1.24%

About Precitech Turnings

Precitech Turnings Private Limited (PTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 September 2001 and has a history of 23 years and seven months. Its registered office is in Delhi, 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 2.50 M and a paid-up capital of Rs 2.20 M.

The company currently has active open charges totaling ₹10.40 Cr. The company has closed loans amounting to ₹1.57 Cr, as per Ministry of Corporate Affairs (MCA) records.

Devender Arora, Devanshu Arora, and Neeru Arora serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28910DL2001PTC112592

  • Company No.

    112592

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Sep 2001

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment
Company report

Precitech Turnings Private Limited

Explore comprehensive data for Precitech Turnings Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Precitech Turnings?

Board Members (3)

NameDesignationAppointment DateStatus
Devender Arora Country flag representing In Director 27-Sep-2001Current
Devanshu Arora Country flag representing In Additional Director 03-Jul-2020Current
Neeru Arora Country flag representing In Director 25-Nov-2002Current

Financial Performance of Precitech Turnings.

Precitech Turnings Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.1% increase. The company also saw a substantial improvement in profitability, with a 299.17% increase in profit. The company's net worth Soared by an impressive increase of 45.04%.

Precitech Turnings revenue growth over time
Precitech Turnings 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
8.10%
Revenue from Operations
-5.55%
Total Assets
-1.24%
Profit or Loss
299.17%
Net Worth
45.04%
EBITDA
-43.88%

What is the Ownership and Shareholding Structure of Precitech Turnings?

In 2023, Precitech Turnings had a public holding of 40.95%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹104.00 M

Satisfied Charges

₹15.70 M

Charges Breakdown by Lending Institutions

  • Others : 4.00 Cr
  • Citi Bank N.A. : 3.50 Cr
  • Citibank N.A : 2.20 Cr
  • Axis Bank Limited : 0.35 Cr
  • Hdfc Bank Limited : 0.35 Cr

Latest Charge Details

DateLenderAmountStatus
30 Aug 2024Others₹4.00 CrOpen
11 Apr 2023Hdfc Bank Limited₹3.50 MOpen
19 Sep 2020Axis Bank Limited₹3.50 MOpen
09 Oct 2018Citi Bank N.A.₹2.50 CrOpen
09 Oct 2018Citi Bank N.A.₹1.00 CrOpen

How Many Employees Work at Precitech Turnings?

Precitech Turnings has a workforce of 60 employees as of Apr 27, 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 Precitech Turnings Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Precitech Turnings, 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 Precitech Turnings'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 Precitech Turnings

Recent activity within the organization

  • Annual General Meeting

    Precitech Turnings 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. 40.00 M with Charge ID 100988111 was registered on 30 Aug 2024.

  • Balance Sheet

    Precitech Turnings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.50 M with Charge ID 100738447 was registered on 11 Apr 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.50 M with Charge ID 100388041 was registered on 19 Sep 2020.

  • Charges

    A charge registered on 21 Feb 2013 via Charge ID 10406443 with Small Industries Development Bank Of India was fully satisfied on 18 Aug 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Precitech Turnings Private Limited?

    Precitech Turnings Private Limited was incorporated on 27 Sep 2001.

  • What is authorized share capital and paid-up capital of Precitech Turnings Private Limited?

    The authorized share capital of Precitech Turnings Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.20 M.

  • Who are the current board members & directors of Precitech Turnings Private Limited?

    Currently 3 directors are associated with Precitech Turnings Private Limited.

    • Devender Paul Arora
    • Devanshu Arora
    • Neeru Arora

  • What is the registered address of Precitech Turnings Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Precitech Turnings Private Limited is B-17/401 Vishwakarma Colony, Lal Kuan India, New Delhi, 110049.

  • What is the corporate identification number (CIN) and company number of Precitech Turnings Private Limited?

    The corporate identification number (CIN) of Precitech Turnings Private Limited is U28910DL2001PTC112592 and the company number is 112592 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Precitech Turnings Private Limited?

    The Official website of Precitech Turnings Private Limited is https://www.precitech1981.com

  • What has been the recent revenue trend for Precitech Turnings Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Precitech Turnings Private Limited has risen by 8.10%.

  • How many employees does Precitech Turnings Private Limited currently have?

    As Per 2023 financial reports, 60 employees are currently employed by Precitech Turnings Private Limited.

  • What change has been observed in the net worth of Precitech Turnings Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Precitech Turnings Private Limited has experienced an upsurge of 45.04%.

  • What are the total open charges for Precitech Turnings Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Precitech Turnings Private Limited amount to ₹ 10.40 Cr.

  • When was the last Balance Sheet of Precitech Turnings Private Limited filed with the ROC?

    The most recent Balance Sheet for Precitech Turnings Private Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Industrial Tools & Components