Shimoga Precision Castings Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 24-10-2024
- Paid Up Capital ₹ 1.49 Cr
as on 24-10-2024
- Company Age 29 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.29 Cr
as on 24-10-2024
- Satisfied Charges ₹ 14.31 Cr
as on 24-10-2024
- Revenue 78.18%
(FY 2023)
- Profit 7448.00%
(FY 2023)
- Ebitda 261.60%
(FY 2023)
- Net Worth 46.03%
(FY 2023)
- Total Assets 18.03%
(FY 2023)
About Shimoga Precision Castings
The Corporate was formerly known as Shimoga Precison Castings Private Limited. The Company is engaged in the Manufacturing 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 2.00 Cr and a paid-up capital of Rs 1.49 Cr.
The company currently has active open charges totaling ₹9.29 Cr. The company has closed loans amounting to ₹14.31 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shiva Swamy, Vagdevi Jois, Yedur Madhukarjois, and One other member serve as directors at the Company.
- CIN/LLPIN
U02710KA1995PTC017206
- Company No.
017206
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Feb 1995
- Date of AGM
03 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Shimoga, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Shimoga Precision Castings?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yedur Madhukarjois  | Managing Director | 24-Feb-1995 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shiva Swamy | Director | 18-Feb-1995 | Current |
| Vagdevi Jois | Director | 18-Feb-1995 | Current |
| Prateek Jois | Director | 10-Dec-2015 | Current |
Financial Performance of Shimoga Precision Castings.
Shimoga Precision Castings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 78.18% increase. The company also saw a substantial improvement in profitability, with a 7448% increase in profit. The company's net worth Soared by an impressive increase of 46.03%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Shimoga Precision Castings?
In 2023, Shimoga Precision Castings had a promoter holding of 73.21% and a public holding of 26.79%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Malnad Alloy Castings Private LimitedActive 41 years 5 monthsVagdevi Jois, Yedur Madhukarjois and 1 more are mutual person
Malnad Prime Machining Technologies Private LimitedActive 12 years 26 daysYedur Madhukarjois and Prateek Jois are mutual person
- The Malnad Arecanut Syndicate Private LimitedActive 81 years 11 months
Yedur Madhukarjois is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 02 Jan 2023 | ₹9.23 Cr | Open |
Axis Bank Limited Creation Date: 18 Apr 2017 | ₹0.59 M | Open |
Axis Bank Limited Creation Date: 20 Mar 2017 | ₹4.15 Cr | Satisfied |
How Many Employees Work at Shimoga Precision Castings?
Shimoga Precision Castings has a workforce of 123 employees as of Apr 07, 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 Shimoga Precision Castings, 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 Shimoga Precision Castings'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.
