Shimoga Precision Castings Private Limited

Manufactures iron and steel castings and products for various clients.

1995 | Shimoga, Karnataka (India) | Active
Last Updated: October 24, 2024

Shimoga Precision Castings Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.49 Cr
  • Company Age 29 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.29 Cr
  • Satisfied Charges ₹ 14.31 Cr
  • Revenue Growth 78.18%
  • Profit Growth 7448.00%
  • Ebitda 261.60%
  • Net Worth 46.03%
  • Total Assets 18.03%

About Shimoga Precision Castings

Shimoga Precision Castings Private Limited (SPCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 February 1995 and has a history of 29 years and 11 months. Its registered office is in Shimoga, Karnataka, India.

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.

Company Details

Corporate Identity Details

  • 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

Manufacturing

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

Executive Team (1)

NameDesignationAppointment DateStatus
Yedur Madhukarjois Country flag representing In Managing Director24-Feb-1995Current

Board Members (3)

NameDesignationAppointment DateStatus
Shiva Swamy Country flag representing In Director 18-Feb-1995Current
Vagdevi Jois Country flag representing In Director 18-Feb-1995Current
Prateek Jois Country flag representing In Director 10-Dec-2015Current

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%.

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
78.18%
Revenue from Operations
78.26%
Total Assets
18.03%
Profit or Loss
7448.00%
Net Worth
46.03%
EBITDA
261.60%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.29 Cr

Satisfied Charges

₹14.31 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 9.23 Cr
  • Axis Bank Limited : 0.06 Cr

Latest Charge Details

DateLenderAmountStatus
02 Jan 2023State Bank Of India₹9.23 CrOpen
18 Apr 2017Axis Bank Limited₹0.59 MOpen
20 Mar 2017Axis Bank Limited₹4.15 CrSatisfied
02 Feb 2015State Bank Of Mysore₹2.60 CrSatisfied
27 Nov 2013State Bank Of Mysore₹2.10 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Shimoga Precision Castings

Recent activity within the organization

  • Annual General Meeting

    Shimoga Precision Castings Private Limited last Annual general meeting of members was held on 03 Sep 2024 as per latest MCA records.

    03 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 9.23 Cr registered on 02 Jan 2023 with Charge ID 100679712 was modified on 23 Jan 2024.

    23 Jan 2024

  • Charges

    A charge registered on 20 Mar 2017 via Charge ID 100094159 with Axis Bank Limited was fully satisfied on 31 Jan 2023.

    31 Jan 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 9.23 Cr with Charge ID 100679712 was registered on 02 Jan 2023.

    02 Jan 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 4.15 Cr registered on 20 Mar 2017 with Charge ID 100094159 was modified on 10 Jul 2020.

    10 Jul 2020

Frequently asked questions

  • Shimoga Precision Castings Private Limited was incorporated on 15 Feb 1995.

  • The authorized share capital of Shimoga Precision Castings Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.49 Cr.

  • Currently 4 directors are associated with Shimoga Precision Castings Private Limited.

    • Shiva Swamy
    • Vagdevi Madhukar Jois
    • Yedur Venkatakrishna Jois Madhukarjois
    • Prateek Madhukar Jois
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shimoga Precision Castings Private Limited is No.61, Shimoga-Bhadravathiindustrial Area Nidige Post India, Machenahalli, Karnataka, 577222.

  • The corporate identification number (CIN) of Shimoga Precision Castings Private Limited is U02710KA1995PTC017206 and the company number is 017206 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shimoga Precision Castings Private Limited is https://www.shimogaprecisioncastings.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shimoga Precision Castings Private Limited has risen by 78.18%.

  • As Per 2023 financial reports, 123 employees are currently employed by Shimoga Precision Castings Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shimoga Precision Castings Private Limited has experienced an upsurge of 46.03%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shimoga Precision Castings Private Limited amount to ₹ 9.29 Cr.

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

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