Premac Tools Private Limited

Designs and manufactures jigs, fixtures, and automation equipment for machine tool manufacturers. ISO 9001:2008 certified.

1994 | Bangaluru, Karnataka (India) | Active
Last Updated: December 13, 2024

Premac Tools Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 2.33 M
  • Company Age 30 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.27 Cr
  • Revenue Growth -39.20%
  • Profit Growth 240.57%
  • Ebitda -48.58%
  • Net Worth 1.62%
  • Total Assets 10.63%

About Premac Tools

Premac Tools Private Limited (PTPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 June 1994 and has a history of 30 years and eight 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 4.00 M and a paid-up capital of Rs 2.33 M.

The company currently has active open charges totaling ₹1.27 Cr.

Latha Mani, Priya Mani, and Vishakdev Mani serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29220KA1994PTC015701

  • Company No.

    015701

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jun 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment
Manufacturing

Who are the key members and board of directors at Premac Tools?

Board Members (3)

Name Designation Appointment Date Status
Latha Mani Country flag representing In Director 30-Sep-2006 Current
Priya Mani Country flag representing In Additional Director 29-Mar-2019 Current
Vishakdev Mani Country flag representing In Director 29-Mar-2019 Current

Financial Performance of Premac Tools.

Premac Tools Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 39.2% decrease. The company also saw a substantial improvement in profitability, with a 240.57% increase in profit. The company's net worth moved up by a moderate rise of 1.62%.

Graph illustrating revenue growth over time
Graph showing 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
-39.20%
Revenue from Operations
-49.12%
Total Assets
10.63%
Profit or Loss
240.57%
Net Worth
1.62%
EBITDA
-48.58%

What is the Ownership and Shareholding Structure of Premac Tools?

Unlock access to Premac Tools's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.73 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Vijaya Bank : 1.27 Cr

Latest Charge Details

Date Lender Amount Status
06 Nov 2007 Vijaya Bank ₹1.50 M Open
13 Aug 2007 Vijaya Bank ₹0.33 M Open
15 May 2007 Vijaya Bank ₹0.50 M Open
24 Jul 2006 Vijaya Bank ₹3.40 M Open
27 Feb 1997 Vijaya Bank ₹7.00 M Open

How Many Employees Work at Premac Tools?

Premac Tools has a workforce of 8 employees as of Apr 10, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Premac Tools, 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 Premac Tools'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 Premac Tools

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Premac Tools Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Priya Mani was appointed as a Additional Director was appointed as a Additional Director on 29 Mar 2019 & has been associated with this company since 5 years 10 months .

    29 Mar 2019

  • Director Appointment

    Vishakdev Mani was appointed as a Director was appointed as a Director on 29 Mar 2019 & has been associated with this company since 5 years 10 months .

    29 Mar 2019

  • Charges

    A charge with Vijaya Bank of Rs. 7.00 M registered on 27 Feb 1997 with Charge ID 80028049 was modified on 23 Apr 2008.

    23 Apr 2008

  • Charges

    A charge with Vijaya Bank amounted to Rs. 1.50 M with Charge ID 10085262 was registered on 06 Nov 2007.

    06 Nov 2007

Frequently asked questions

  • Premac Tools Private Limited was incorporated on 01 Jun 1994.

  • The authorized share capital of Premac Tools Private Limited is ₹ 4.00 M and paid-up capital is ₹ 2.33 M.

  • Currently 3 directors are associated with Premac Tools Private Limited.

    • Latha Mani
    • Priya Mani
    • Vishakdev Mani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Premac Tools Private Limited is 5 Lakshmivenkateshwara Industrial Estate 8Th Main Road Peenya 2Nd Stage Karioba Nahalli, India, Bangalore, Karnataka, 560058.

  • The corporate identification number (CIN) of Premac Tools Private Limited is U29220KA1994PTC015701 and the company number is 015701 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Premac Tools Private Limited has fallen by -39.20%.

  • As Per 2020 financial reports, 8 employees are currently employed by Premac Tools Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Premac Tools Private Limited has experienced an upsurge of 1.62%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Premac Tools Private Limited amount to ₹ 1.27 Cr.

  • The most recent Balance Sheet for Premac Tools Private Limited was filed with the ROC on 31 Mar 2024.

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