Sands Precision Private Limited

Manufacturer of precision CNC machinery with multiple plants and dealers across India.

1997 | Bangaluru, Karnataka (India) | Active
Last Updated: December 27, 2024

Sands Precision Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 27 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 2.42 Cr
  • Revenue Growth 1.46%
  • Profit Growth -37.28%
  • Ebitda -23.65%
  • Net Worth 6.39%
  • Total Assets 3.33%

About Sands Precision

Sands Precision Private Limited (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 June 1997 and has a history of 27 years and seven 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 0.50 M and a paid-up capital of Rs 0.50 M.

The company has closed loans amounting to ₹2.42 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Pakiriswamy Sivagnanam, Pandeshwar Dinesh, and Thenmozhi Shanmugam serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31909KA1997PTC022381

  • Company No.

    022381

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jun 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Sands Precision Private Limited offer?

Sands Precision Private Limited offers a wide range of products and services, including CNC Machines & Lathe Machine, Lathe Machine Spare, Process Controllers, Motion Controllers, Sugarcane Juice Machine & Sugar Mill Machinery, Sugar Mill Machinery Parts, Spindles.

Who are the key members and board of directors at Sands Precision?

Board Members (3)

Name Designation Appointment Date Status
Pakiriswamy Sivagnanam Country flag representing In Director 13-Jun-1997 Current
Pandeshwar Dinesh Country flag representing In Director 13-Jun-1997 Current
Thenmozhi Shanmugam Country flag representing In Director 02-Dec-2021 Current

Financial Performance of Sands Precision.

Sands Precision Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 1.46% increase. The company also saw a substantial fall in profitability, with a 37.28% decrease in profit. The company's net worth moved up by a moderate rise of 6.39%.

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
1.46%
Revenue from Operations
2.00%
Total Assets
3.33%
Profit or Loss
-37.28%
Net Worth
6.39%
EBITDA
-23.65%

What is the Ownership and Shareholding Structure of Sands Precision?

In 2020, Sands Precision had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹24.17 M

Charges Breakdown by Lending Institutions

  • Indian Bank : 2.28 Cr
  • Canara Bank : 0.14 Cr

Latest Charge Details

Date Lender Amount Status
25 Jun 2004 Indian Bank ₹4.50 M Satisfied
25 Jun 2004 Indian Bank ₹4.50 M Satisfied
24 Jun 2004 Indian Bank ₹1.38 Cr Satisfied
10 Jun 1998 Canara Bank ₹0.70 M Satisfied
10 Jun 1998 Canara Bank ₹0.70 M Satisfied

How Many Employees Work at Sands Precision?

Sands Precision has a workforce of 34 employees as of Mar 22, 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 Sands Precision, 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 Sands Precision'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 Sands Precision

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Thenmozhi Shanmugam was appointed as a Director was appointed as a Director on 02 Dec 2021 & has been associated with this company since 3 years 2 months .

    02 Dec 2021

  • Charges

    A charge registered on 10 Jun 1998 via Charge ID 90199110 with Canara Bank was fully satisfied on 25 Oct 2021.

    25 Oct 2021

  • Charges

    A charge registered on 10 Jun 1998 via Charge ID 90200276 with Canara Bank was fully satisfied on 25 Oct 2021.

    25 Oct 2021

  • Charges

    A charge registered on 25 Jun 2004 via Charge ID 90196479 with Indian Bank was fully satisfied on 22 Sep 2017.

    22 Sep 2017

Frequently asked questions

  • Sands Precision Private Limited was incorporated on 13 Jun 1997.

  • The authorized share capital of Sands Precision Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Sands Precision Private Limited.

    • Pakiriswamy Sivagnanam
    • Pandeshwar Dinesh
    • Thenmozhi Shanmugam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sands Precision Private Limited is M 1 5Th Cross First Stage Peenya Industrial Area Peenya, India, Bangalore, Karnataka, 560058.

  • The corporate identification number (CIN) of Sands Precision Private Limited is U31909KA1997PTC022381 and the company number is 022381 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sands Precision Private Limited is https://www.sandsprecision.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sands Precision Private Limited has risen by 1.46%.

  • As Per 2022 financial reports, 34 employees are currently employed by Sands Precision Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sands Precision Private Limited has experienced an upsurge of 6.39%.

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

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