Presstech (India) Private Limited

Manufactures and exports precision press components and machine spare parts.

1994 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Presstech (India) Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 1.65 M
  • Company Age 31 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.76 Cr
  • Revenue Growth -2.31%
  • Profit Growth -55.05%
  • Ebitda -63.04%
  • Net Worth 2.52%
  • Total Assets -0.78%

About Presstech (India)

Presstech (India) Private Limited (PIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 January 1994 and has a history of 31 years and one month. Its registered office is in Mumbai, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 1.65 M.

The company currently has active open charges totaling ₹2.76 Cr.

Pradeep Diwan and Santosh Diwan serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    presstech.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31110MH1994PTC075885

  • Company No.

    075885

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jan 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

Who are the key members and board of directors at Presstech (India)?

Board Members (2)

NameDesignationAppointment DateStatus
Pradeep Diwan Country flag representing In Director 04-Jan-1994Current
Santosh Diwan Country flag representing In Director 04-Sep-2017Current

Financial Performance of Presstech (India).

Presstech (India) Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.31% decrease. The company also saw a substantial fall in profitability, with a 55.05% decrease in profit. The company's net worth moved up by a moderate rise of 2.52%.

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
-2.31%
Revenue from Operations
-1.65%
Total Assets
-0.78%
Profit or Loss
-55.05%
Net Worth
2.52%
EBITDA
-63.04%

What is the Ownership and Shareholding Structure of Presstech (India)?

In 2023, Presstech (India) had a promoter holding of 67.33% and a public holding of 32.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹27.60 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 2.76 Cr

Latest Charge Details

DateLenderAmountStatus
17 Mar 2017Canara Bank₹9.50 MOpen
21 Oct 2013Canara Bank₹5.50 MOpen
11 Feb 2013Canara Bank₹3.50 MOpen
15 Nov 2012Canara Bank₹1.00 MOpen
24 Apr 2010Canara Bank₹3.60 MOpen

How Many Employees Work at Presstech (India)?

Presstech (India) has a workforce of 23 employees as of Apr 05, 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 Presstech (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 Presstech (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 Presstech (India)

Recent activity within the organization

  • Annual General Meeting

    Presstech (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Presstech (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Canara Bank of Rs. 9.50 M registered on 17 Mar 2017 with Charge ID 100089435 was modified on 18 Sep 2020.

    18 Sep 2020

  • Director Appointment

    Santosh Rameshchandra Diwan was appointed as a Director was appointed as a Director on 04 Sep 2017 & has been associated with this company since 7 years 5 months .

    04 Sep 2017

  • Charges

    A charge with Canara Bank amounted to Rs. 9.50 M with Charge ID 100089435 was registered on 17 Mar 2017.

    17 Mar 2017

  • Charges

    A charge with Canara Bank amounted to Rs. 5.50 M with Charge ID 10458050 was registered on 21 Oct 2013.

    21 Oct 2013

Frequently asked questions

  • Presstech (India) Private Limited was incorporated on 04 Jan 1994.

  • The authorized share capital of Presstech (India) Private Limited is ₹ 3.00 M and paid-up capital is ₹ 1.65 M.

  • Currently 2 directors are associated with Presstech (India) Private Limited.

    • Pradeep Rameshchandra Diwan
    • Santosh Rameshchandra Diwan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Presstech (India) Private Limited is 7 Parekh Nagar Indl Estates V Road Kandivali W India, Mumbai, Maharashtra, 400067.

  • The corporate identification number (CIN) of Presstech (India) Private Limited is U31110MH1994PTC075885 and the company number is 075885 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Presstech (India) Private Limited is https://www.presstech.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Presstech (India) Private Limited has fallen by -2.31%.

  • As Per 2023 financial reports, 23 employees are currently employed by Presstech (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Presstech (India) Private Limited has experienced an upsurge of 2.52%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Presstech (India) Private Limited amount to ₹ 2.76 Cr.

  • The most recent Balance Sheet for Presstech (India) Private Limited was filed with the ROC on 31 Mar 2023.

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