Saras Precision Tools Private Limited

Designs and manufactures precision tools, molds, dies, jigs, fixtures, and press tools.

1985 | Bangaluru, Karnataka (India) | Active
Last Updated:

Saras Precision Tools Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 39 Year, 5 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 2.00 M
  • Satisfied Charges ₹ 1.51 Cr
  • Revenue Growth -17.50%
  • Profit Growth -96.92%
  • Ebitda -90.00%
  • Net Worth 0.33%
  • Total Assets 2.63%

About Saras Precision Tools

Saras Precision Tools Private Limited (SPTPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 November 1985 and has a history of 39 years and five 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 2022. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹2.00 M. The company has closed loans amounting to ₹1.51 Cr, as per Ministry of Corporate Affairs (MCA) records.

Donthibheemaiah Gupta and Kalyan Donthi 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

    U29220KA1985PTC007309

  • Company No.

    007309

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Nov 1985

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment
Company report

Saras Precision Tools Private Limited

Explore comprehensive data for Saras Precision Tools Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Donthibheemaiah Gupta Country flag representing In Director 22-Nov-1985Current
Kalyan Donthi Country flag representing In Director 10-Nov-2010Current

Financial Performance of Saras Precision Tools.

Saras Precision Tools Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 17.5% decrease. The company also saw a substantial fall in profitability, with a 96.92% decrease in profit. The company's net worth moved up by a moderate rise of 0.33%.

Saras Precision Tools revenue growth over time
Saras Precision Tools 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
-17.50%
Revenue from Operations
-17.35%
Total Assets
2.63%
Profit or Loss
-96.92%
Net Worth
0.33%
EBITDA
-90.00%

What is the Ownership and Shareholding Structure of Saras Precision Tools?

In 2021, Saras Precision Tools 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

₹2.00 M

Satisfied Charges

₹15.05 M

Charges Breakdown by Lending Institutions

  • Others : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
22 Jun 2012Others₹2.00 MOpen
05 Apr 2013Small Industries Development Bank Of India₹4.90 MSatisfied
19 Apr 2011Small Industries Development Bank Of India₹2.25 MSatisfied
06 Apr 2010Small Industries Development Bank Of India₹4.90 MSatisfied
07 Apr 2005Karnataka State Financial Coporation₹3.00 MSatisfied

How Many Employees Work at Saras Precision Tools?

Saras Precision Tools has a workforce of 19 employees as of Apr 08, 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 Saras Precision Tools Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saras Precision 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 Saras Precision 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 Saras Precision Tools

Recent activity within the organization

  • Annual General Meeting

    Saras Precision Tools Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

  • Balance Sheet

    Saras Precision Tools Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.

  • Charges

    A charge with Others of Rs. 2.00 M registered on 22 Jun 2012 with Charge ID 10370130 was modified on 25 Feb 2016.

  • Charges

    A charge registered on 05 Apr 2013 via Charge ID 10419506 with Small Industries Development Bank Of India was fully satisfied on 10 Aug 2015.

  • Charges

    A charge registered on 19 Apr 2011 via Charge ID 10281956 with Small Industries Development Bank Of India was fully satisfied on 10 Aug 2015.

  • Charges

    A charge registered on 06 Apr 2010 via Charge ID 10211630 with Small Industries Development Bank Of India was fully satisfied on 10 Aug 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Saras Precision Tools Private Limited?

    Saras Precision Tools Private Limited was incorporated on 22 Nov 1985.

  • What is authorized share capital and paid-up capital of Saras Precision Tools Private Limited?

    The authorized share capital of Saras Precision Tools Private Limited is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

  • Who are the current board members & directors of Saras Precision Tools Private Limited?

    Currently 2 directors are associated with Saras Precision Tools Private Limited.

    • Donthibheemaiah Ramanath Gupta
    • Kalyan Ramanath Donthi

  • What is the registered address of Saras Precision Tools Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Saras Precision Tools Private Limited is 64-B Bommasandra Industrial Area, Hosur Road India, Bangalore, Karnataka, 560099.

  • What is the corporate identification number (CIN) and company number of Saras Precision Tools Private Limited?

    The corporate identification number (CIN) of Saras Precision Tools Private Limited is U29220KA1985PTC007309 and the company number is 007309 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Saras Precision Tools Private Limited?

    The Official website of Saras Precision Tools Private Limited is https://www.sarasgroup.in

  • What has been the recent revenue trend for Saras Precision Tools Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Saras Precision Tools Private Limited has fallen by -17.50%.

  • How many employees does Saras Precision Tools Private Limited currently have?

    As Per 2021 financial reports, 19 employees are currently employed by Saras Precision Tools Private Limited.

  • What change has been observed in the net worth of Saras Precision Tools Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Saras Precision Tools Private Limited has experienced an upsurge of 0.33%.

  • What are the total open charges for Saras Precision Tools Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Saras Precision Tools Private Limited amount to ₹ 2.00 M.

  • When was the last Balance Sheet of Saras Precision Tools Private Limited filed with the ROC?

    The most recent Balance Sheet for Saras Precision Tools Private Limited was filed with the ROC on 31 Mar 2022.

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