Sucharita Precision Gears Private Limited

Manufacturer of gears, gearboxes, and shafts for industrial use.

1988 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 05, 2024

Sucharita Precision Gears Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 36 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.80 Cr
  • Satisfied Charges ₹ 1.09 Cr
  • Revenue Growth 94.34%
  • Profit Growth 128245.68%
  • Ebitda -36.62%
  • Net Worth 542.32%
  • Total Assets -0.38%

About Sucharita Precision Gears

Sucharita Precision Gears Private Limited (SPGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 March 1988 and has a history of 36 years and ten months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Suchirita Engineering Industries Private Limited. The Company is engaged in the Automotive 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 3.00 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹2.80 Cr. The company has closed loans amounting to ₹1.09 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sudesh Reddy and Swarna Reddy serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74210TZ1988PTC002139

  • Company No.

    002139

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Mar 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Automotive

What products or services does Sucharita Precision Gears Private Limited offer?

Sucharita Precision Gears Private Limited offers a wide range of products and services, including Gearbox, Axle, Sprocket & Gear Parts, Automotive Gears, Industrial Gears.

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

Executive Team (1)

Name Designation Appointment Date Status
Sudesh Reddy Country flag representing Gb Managing Director 28-Mar-1988 Current

Board Members (1)

Name Designation Appointment Date Status
Swarna Reddy Country flag representing In Director 23-Mar-1988 Current

Financial Performance of Sucharita Precision Gears.

Sucharita Precision Gears Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 94.34% increase. The company also saw a substantial improvement in profitability, with a 128245.68% increase in profit. The company's net worth Soared by an impressive increase of 542.32%.

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
94.34%
Revenue from Operations
40.85%
Total Assets
-0.38%
Profit or Loss
128245.68%
Net Worth
542.32%
EBITDA
-36.62%

What is the Ownership and Shareholding Structure of Sucharita Precision Gears?

Unlock access to Sucharita Precision Gears's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹28.03 M

Satisfied Charges

₹10.88 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.23 Cr
  • Sidbi : 0.94 Cr
  • Others : 0.50 Cr
  • City Union Bank Limited : 0.13 Cr

Latest Charge Details

Date Lender Amount Status
23 Aug 2024 City Union Bank Limited ₹1.30 M Open
26 Dec 2023 Others ₹5.00 M Open
02 Feb 2022 Sidbi ₹1.78 M Open
10 Sep 2018 Sidbi ₹7.65 M Open
20 Jan 2016 Hdfc Bank Limited ₹1.23 Cr Open

How Many Employees Work at Sucharita Precision Gears?

Sucharita Precision Gears has a workforce of 4 employees as of Apr 09, 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 Sucharita Precision Gears, 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 Sucharita Precision Gears'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 Sucharita Precision Gears

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 1.30 M with Charge ID 100977618 was registered on 23 Aug 2024.

    23 Aug 2024

  • Balance Sheet

    Sucharita Precision Gears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 M with Charge ID 100849599 was registered on 26 Dec 2023.

    26 Dec 2023

  • Charges

    A charge with Sidbi amounted to Rs. 1.78 M with Charge ID 100536107 was registered on 02 Feb 2022.

    02 Feb 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 12.30 M registered on 20 Jan 2016 with Charge ID 10625573 was modified on 16 Apr 2021.

    16 Apr 2021

Frequently asked questions

  • Sucharita Precision Gears Private Limited was incorporated on 23 Mar 1988.

  • The authorized share capital of Sucharita Precision Gears Private Limited is ₹ 3.00 M and paid-up capital is ₹ 2.50 M.

  • Currently 2 directors are associated with Sucharita Precision Gears Private Limited.

    • Sudesh Koti Reddy
    • Swarna Koti Reddy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sucharita Precision Gears Private Limited is E 68 Ix Phasesidco Industrial Estate Kurichi India, Coimbatore, Tamil Nadu, 641021.

  • The corporate identification number (CIN) of Sucharita Precision Gears Private Limited is U74210TZ1988PTC002139 and the company number is 002139 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sucharita Precision Gears Private Limited is https://www.sucharitaprecisiongears.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sucharita Precision Gears Private Limited has risen by 94.34%.

  • As Per 2023 financial reports, 4 employees are currently employed by Sucharita Precision Gears Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sucharita Precision Gears Private Limited has experienced an upsurge of 542.32%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sucharita Precision Gears Private Limited amount to ₹ 2.80 Cr.

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

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