Thiese Precision Private Limited

Manufactures cold rolled strips and hot rolled steel profiles in various grades and shapes.

2007 | Navsari, Gujarat (India) | Active
Last Updated: July 20, 2024

Thiese Precision Profile

Key Indicators

  • Authorised Capital ₹ 1.30 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 17 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 207.46 Cr
  • Satisfied Charges ₹ 189.50 Cr
  • Revenue Growth -2.28%
  • Profit Growth -72.41%
  • Ebitda -15.57%
  • Net Worth 2.74%
  • Total Assets 5.79%

About Thiese Precision

Thiese Precision Private Limited (TPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 March 2007 and has a history of 17 years and ten months. Its registered office is in Navsari, Gujarat, India.

The Company is engaged in the Metals And Minerals 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 1.30 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹207.46 Cr. The company has closed loans amounting to ₹189.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chetan Kothari, Mansukh Sureja, Chetan Patel, and Three other members serve as directors at the Company.

Company Details

  • Location

    Navsari, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27310GJ2007PTC054838

  • Company No.

    054838

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Mar 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

What products or services does Thiese Precision Private Limited offer?

Thiese Precision Private Limited offers a wide range of products and services, including Automobile Electrical Components, Automotive Motors, Steel & Stainless Steel Products, Industrial Steel, Steel and Stainless Steel Coils, Cold Rolled Coils, Packing Straps, Clips & Supplies, Box Straps, Bending & Metalwork Machines, Roll Forming Machine.

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

Board Members (6)

Name Designation Appointment Date Status
Shyam Mehta Country flag representing In Director 24-Apr-2023 Current
Chetan Kothari Country flag representing In Director 24-Apr-2023 Current
Mansukh Sureja Country flag representing In Director 24-Apr-2023 Current
Chetan Patel Country flag representing In Director 24-Apr-2023 Current
Bimal Mehta Country flag representing In Director 24-Apr-2023 Current
Megh Mehta Country flag representing In Director 24-Apr-2023 Current

Financial Performance of Thiese Precision.

Thiese Precision Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.28% decrease. The company also saw a substantial fall in profitability, with a 72.41% decrease in profit. The company's net worth moved up by a moderate rise of 2.74%.

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
-2.28%
Revenue from Operations
-3.41%
Total Assets
5.79%
Profit or Loss
-72.41%
Net Worth
2.74%
EBITDA
-15.57%

What is the Ownership and Shareholding Structure of Thiese Precision?

In 2023, Thiese Precision had a promoter holding of 92.50% and a public holding of 7.50%. The company had 5 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,074.60 M

Satisfied Charges

₹1,895.00 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 172.73 Cr
  • Hdfc Bank Limited : 34.73 Cr

Latest Charge Details

Date Lender Amount Status
06 Sep 2022 Hdfc Bank Limited ₹34.73 Cr Open
04 Jul 2022 Axis Bank Limited ₹98.73 Cr Open
16 Feb 2022 Axis Bank Limited ₹74.00 Cr Open
03 Oct 2018 State Bank Of India ₹66.50 Cr Satisfied
28 Sep 2018 State Bank Of India ₹66.50 Cr Satisfied

How Many Employees Work at Thiese Precision?

Thiese Precision has a workforce of 91 employees as of Jul 20, 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 Thiese Precision, 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 Thiese Precision'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 Thiese Precision

Recent activity within the organization

  • Annual General Meeting

    Thiese Precision Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Chetan Mansukhlal Kothari was appointed as a Director was appointed as a Director on 24 Apr 2023 & has been associated with this company since 1 year 9 months .

    24 Apr 2023

  • Director Appointment

    Mansukh Arjanbhai Sureja was appointed as a Director was appointed as a Director on 24 Apr 2023 & has been associated with this company since 1 year 9 months .

    24 Apr 2023

  • Director Appointment

    Chetan Navinchandra Patel was appointed as a Director was appointed as a Director on 24 Apr 2023 & has been associated with this company since 1 year 9 months .

    24 Apr 2023

  • Director Appointment

    Shyam Bimal Mehta was appointed as a Director was appointed as a Director on 24 Apr 2023 & has been associated with this company since 1 year 9 months .

    24 Apr 2023

  • Director Appointment

    Bimal Kantilal Mehta was appointed as a Director was appointed as a Director on 24 Apr 2023 & has been associated with this company since 1 year 9 months .

    24 Apr 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Thiese Precision Private Limited was incorporated on 22 Mar 2007.

  • The authorized share capital of Thiese Precision Private Limited is ₹ 1.30 M and paid-up capital is ₹ 1.00 M.

  • Currently 6 directors are associated with Thiese Precision Private Limited.

    • Chetan Mansukhlal Kothari
    • Mansukh Arjanbhai Sureja
    • Chetan Navinchandra Patel
    • Shyam Bimal Mehta
    • Bimal Kantilal Mehta
    • Megh Bimal Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Thiese Precision Private Limited is Opp. Gidc Nh No. 8 P.O. Kabilpore Ganesh Sisodra, Navsari, Gujarat, India, 396424.

  • The corporate identification number (CIN) of Thiese Precision Private Limited is U27310GJ2007PTC054838 and the company number is 054838 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Thiese Precision Private Limited is https://www.theis.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Thiese Precision Private Limited has fallen by -2.28%.

  • As Per 2023 financial reports, 91 employees are currently employed by Thiese Precision Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Thiese Precision Private Limited has experienced an upsurge of 2.74%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Thiese Precision Private Limited amount to ₹ 207.46 Cr.

  • The most recent Balance Sheet for Thiese Precision Private Limited was filed with the ROC on 31 Mar 2023.

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