Revent Precision Engineering Profile
Key Indicators
- Authorised Capital ₹ 12,035.00 Cr
- Paid Up Capital ₹ 510.90 Cr
- Company Age 36 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,500.00 Cr
- Satisfied Charges ₹ 14,107.76 Cr
- Revenue Growth 22.95%
- Profit Growth -109.36%
- Ebitda 105.89%
- Net Worth -30.81%
- Total Assets -25.70%
About Revent Precision Engineering
Revent Precision Engineering Limited (RPEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 August 1988 and has a history of 36 years and seven months. Its registered office is in Gurugram, Haryana, India.
The Corporate was formerly known as A M Metal Cast Ltd. The Company is engaged in the Automotive 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 12,035.00 Cr and a paid-up capital of Rs 510.90 Cr.
The company currently has active open charges totaling ₹1,500.00 Cr. The company has closed loans amounting to ₹14,107.76 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Revent Precision Engineering Limited India are Sanjeeb Mahapatra as COMPANY SECRETARY and Muneesh Chawla as Cfo. Muneesh Chawla, Neeta Revankar, Bharatkumar Parekh, and Three other members serve as directors at the Company.
Company Details
- Location
Gurugram, Haryana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27230HR1988PLC030333
- Company No.
030333
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
04 Aug 1988
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Automotive
What products or services does Revent Precision Engineering Limited offer?
Revent Precision Engineering Limited offers a wide range of products and services, including Forgings, Steering Parts & Components, Steering Parts, Gearbox, Axle, Sprocket & Gear Parts, Automotive Gears, Die Casting & Investment Castings, Metal Castings, Manufacturing & Assembling Services, Machining Job Work, Aluminum Castings.
Who are the key members and board of directors at Revent Precision Engineering?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prakash Khose  | Managing Director | 18-Mar-2023 | Current |
| Sanjeeb Mahapatra | Company Secretary | 01-Jul-2022 | Current |
| Muneesh Chawla | CFO | 06-May-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Neeta Revankar | Director | 06-Apr-2024 | Current |
| Muneesh Chawla | Whole-Time Director | 24-Sep-2022 | Current |
| Bharatkumar Parekh | Director | 08-Dec-2021 | Current |
| Anantakrishnan Krishna | Director | 01-Jul-2022 | Current |
| Ramesh Maheshwari | Director | 08-Dec-2021 | Current |
Financial Performance of Revent Precision Engineering.
Revent Precision Engineering Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.95% increase. The company also saw a substantial fall in profitability, with a 109.36% decrease in profit. The company's net worth observed a substantial decline by a decrease of 30.81%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Revent Precision Engineering?
In 2022, Revent Precision Engineering had a promoter holding of 90.63% and a public holding of 9.37%. The company had 2 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tata Ficosa Automotive Systems Private LimitedBharatkumar Parekh is a mutual person
Smi Amtek Crankshaft Private LimitedMuneesh Chawla and Prakash Khose are mutual person
Metalyst Forgings LimitedMuneesh Chawla, Neeta Revankar and 2 more are mutual person
Revent Metalcast LimitedMuneesh Chawla, Neeta Revankar and 4 more are mutual person
International Print-O-Pac LimitedMuneesh Chawla is a mutual person
Tm Automotive Seating Systems Private LimitedBharatkumar Parekh is a mutual person
Charges (Loans)
Open Charges
₹1,500.00 Cr
Satisfied Charges
₹14,107.76 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 950.00 Cr
- Others : 550.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Aug 2022 | Sbicap Trustee Company Limited | ₹50.00 Cr | Open |
| 31 Mar 2022 | Sbicap Trustee Company Limited | ₹300.00 Cr | Open |
| 24 Jan 2022 | Sbicap Trustee Company Limited | ₹300.00 Cr | Open |
| 10 Jan 2022 | Sbicap Trustee Company Limited | ₹300.00 Cr | Open |
| 27 Dec 2021 | Others | ₹50.00 Cr | Open |
How Many Employees Work at Revent Precision Engineering?
Revent Precision Engineering has a workforce of 747 employees as of Mar 21, 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 Revent Precision Engineering, 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 Revent Precision Engineering'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.
Latest Updates, News, and FAQs on Revent Precision Engineering
Recent activity within the organization
- Annual General Meeting
Revent Precision Engineering Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Muneesh Chawla was appointed as a Cfo was appointed as a Cfo on 06 May 2024 & has been associated with this company since 10 months 19 days .
- Director Appointment
Neeta Revankar was appointed as a Director was appointed as a Director on 06 Apr 2024 & has been associated with this company since 11 months 19 days .
- Balance Sheet
Revent Precision Engineering Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge registered on 18 Jul 2016 via Charge ID 100040152 with Others was fully satisfied on 08 Aug 2023.
- Charges
A charge registered on 21 Jan 2016 via Charge ID 10627718 with Corporation Bank was fully satisfied on 08 Aug 2023.
Recent News, Updates & Announcement
Supreme Court Saves Amtek Auto from Liquidation with 31 Days to Secure Bids.When you thought you were getting liquidated but then the Supreme Court said "nah fam, let's get some fresh bids." Lenders were like "we got nine interested parties, let's go!" Solicitor General was like "yo, new amendments say we got 90 more days to figure this out." And the court was like "cool, you got 31 days to find bids and then we'll make a decision on Nov. 5." Amtek Auto was about to get liquidated but then Liberty House Group was like "nah, we out..
- Lenders angry with Sanjeev Gupta for taking Liberty with top bids | Mint.
Liberty House has backed out after placing the winning bids for Amtek Auto, ABG Shipyard and Adhunik Metaliks.Angry lenders have since sued Liberty House and want the firm barred from bidding for distressed assets in India under the IBC.
Frequently asked questions
What is the Incorporation or founding date of Revent Precision Engineering Limited?
Revent Precision Engineering Limited was incorporated on 04 Aug 1988.
What is authorized share capital and paid-up capital of Revent Precision Engineering Limited?
The authorized share capital of Revent Precision Engineering Limited is ₹ 12,035.00 Cr and paid-up capital is ₹ 510.90 Cr.
Who are the current board members & directors of Revent Precision Engineering Limited?
Currently 8 directors are associated with Revent Precision Engineering Limited.
- Muneesh Chawla
- Neeta Revankar
- Bharatkumar Balvantrai Parekh
- Anantakrishnan Krishna
- Prakash Hari Khose
- Ramesh Chandra Maheshwari
- Sanjeeb Kumar Mahapatra
- Muneesh Chawla
What is the registered address of Revent Precision Engineering Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Revent Precision Engineering Limited is Unit-Ii, Begumpur Khataula P.O.- Khandsa India, Gurgaon, Haryana, 122004.
What is the corporate identification number (CIN) and company number of Revent Precision Engineering Limited?
The corporate identification number (CIN) of Revent Precision Engineering Limited is U27230HR1988PLC030333 and the company number is 030333 as per Ministry of Corporate Affairs (MCA).
What is the official website of Revent Precision Engineering Limited?
The Official website of Revent Precision Engineering Limited is https://www.amtek.com
What has been the recent revenue trend for Revent Precision Engineering Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Revent Precision Engineering Limited has risen by 22.95%.
How many employees does Revent Precision Engineering Limited currently have?
As Per 2023 financial reports, 747 employees are currently employed by Revent Precision Engineering Limited.
What change has been observed in the net worth of Revent Precision Engineering Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Revent Precision Engineering Limited has experienced an downturn of -30.81%.
What are the total open charges for Revent Precision Engineering Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Revent Precision Engineering Limited amount to ₹ 1,500.00 Cr.
When was the last Balance Sheet of Revent Precision Engineering Limited filed with the ROC?
The most recent Balance Sheet for Revent Precision Engineering Limited was filed with the ROC on 31 Mar 2024.
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