Shakti Precision Components (India) Private Limited

Precision component manufacturer for various industries, specializing in machining and forging.

1999 | Bangalore, Karnataka (India) | Active
Last Updated: July 03, 2024

Shakti Precision Components (India) Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.90 Cr
  • Company Age 26 Year, 4 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 285.66 Cr
  • Satisfied Charges ₹ 42.84 Cr
  • Revenue Growth 12.66%
  • Profit Growth -93.38%
  • Ebitda 12.32%
  • Net Worth 0.57%
  • Total Assets 6.89%

About Shakti Precision Components (India)

Shakti Precision Components (India) Private Limited (SPCIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 January 1999 and has a history of 26 years. Its registered office is in Bangalore, 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 2023. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 5.90 Cr.

The company currently has active open charges totaling ₹285.66 Cr. The company has closed loans amounting to ₹42.84 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chikkamaranahalli Murthy, Chikkamaranahally Chetan, Suhas Tiwari, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34300KA1999PTC024691

  • Company No.

    024691

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Jan 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Shakti Precision Components (India) Private Limited offer?

Shakti Precision Components (India) Private Limited offers a wide range of products and services, including Clutch, Clutch Parts & Accessories, Clutch Components, CNC Machines & Lathe Machine, CNC Machined Components, Brakes & Braking Systems, Three Wheeler Brake Part.

Who are the key members and board of directors at Shakti Precision Components (India)?

Board Members (4)

Name Designation Appointment Date Status
Chikkamaranahalli Murthy Country flag representing In Director 29-Jan-1999 Current
Chikkamaranahally Chetan Country flag representing In Director 01-Sep-2011 Current
Suhas Tiwari Country flag representing In Director 29-Jan-1999 Current
Rohan Tiwari Country flag representing In Director 22-Nov-2017 Current

Financial Performance of Shakti Precision Components (India).

Shakti Precision Components (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.66% increase. The company also saw a substantial fall in profitability, with a 93.38% decrease in profit. The company's net worth moved up by a moderate rise of 0.57%.

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
12.66%
Revenue from Operations
13.00%
Total Assets
6.89%
Profit or Loss
-93.38%
Net Worth
0.57%
EBITDA
12.32%

What is the Ownership and Shareholding Structure of Shakti Precision Components (India)?

In 2023, Shakti Precision Components (India) had a promoter holding of 96.74% and a public holding of 3.26%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹285.66 Cr

Satisfied Charges

₹42.84 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 121.51 Cr
  • Others : 89.24 Cr
  • State Bank Of India : 71.80 Cr
  • Axis Bank Limited : 3.11 Cr

Latest Charge Details

Date Lender Amount Status
10 Feb 2023 Axis Bank Limited ₹3.11 Cr Open
30 Oct 2022 Others ₹10.00 Cr Open
30 Aug 2021 Others ₹20.00 Cr Open
16 Feb 2021 Others ₹7.24 Cr Open
03 Jan 2020 Others ₹20.00 Cr Open

How Many Employees Work at Shakti Precision Components (India)?

Unlock and access historical data on people associated with Shakti Precision Components (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shakti Precision Components (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 Shakti Precision Components (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 Shakti Precision Components (India)

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 46.45 Cr registered on 18 Aug 2014 with Charge ID 10520215 was modified on 09 Oct 2023.

    09 Oct 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 75.07 Cr registered on 16 Dec 2017 with Charge ID 100146285 was modified on 14 Jun 2023.

    14 Jun 2023

  • Balance Sheet

    Shakti Precision Components (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.11 Cr with Charge ID 100682222 was registered on 10 Feb 2023.

    10 Feb 2023

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100645455 was registered on 30 Oct 2022.

    30 Oct 2022

Frequently asked questions

  • Shakti Precision Components (India) Private Limited was incorporated on 29 Jan 1999.

  • The authorized share capital of Shakti Precision Components (India) Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.90 Cr.

  • Currently 4 directors are associated with Shakti Precision Components (India) Private Limited.

    • Chikkamaranahalli Ramanna Narasimha Murthy
    • Chikkamaranahally Narasimhamurthy Chetan
    • Suhas Govindaprasad Tiwari
    • Rohan Suhas Tiwari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shakti Precision Components (India) Private Limited is No.20-B Doddanekundi Industrial Estate White Field Road Mahadevapura, Bangalore, Karnataka, India, 560048.

  • The corporate identification number (CIN) of Shakti Precision Components (India) Private Limited is U34300KA1999PTC024691 and the company number is 024691 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shakti Precision Components (India) Private Limited is https://www.shaktiprecision.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shakti Precision Components (India) Private Limited has risen by 12.66%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shakti Precision Components (India) Private Limited has experienced an upsurge of 0.57%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shakti Precision Components (India) Private Limited amount to ₹ 285.66 Cr.

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

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