- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0231977

Chang Won Precision India Private Limited
About Chang Won Precision India Private Limited
Data last updated:
Chang Won Precision India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Chang Won Precision Co Ltd. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 30 November 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29253KA2010PTC056055. Its GSTIN is 29AAECC2151K1ZN (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹1.8 Cr. It is led by directors including Hojin Ryoo (Managing Director) and Jaeboong Ha.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Rk Nivas No 317 6th D Cross Ombr Layout Bhuvanagiri Banaswadi, Bangalore, Karnataka, India – 560084.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.19 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net loss of ₹8.25 Lakh (net margin -2.6%) and EBITDA of -₹7.33 Lakh (EBITDA margin -2.3%). Revenue has grown at a compounded annual rate (CAGR) of 29% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Chang Won Precision India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0231977). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Chang Won Precision India
Contact details
Chang Won Precision India Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRk Nivas No 317 6th D Cross Ombr Layout Bhuvanagiri Banaswadi, Bangalore, Karnataka, India – 560084
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Chang Won Precision India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Chang Won Precision India is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Chang Won Precision India Private Limited, buy the company report.
Financials of Chang Won Precision India Private Limited
FY 2024 filings availableChang Won Precision India Private Limited reported revenue of ₹3.19 Cr (up 50% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 50% growth in the latest year. EBITDA rose 75% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹7.33 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.25 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.3% | ||||
| Net Profit Margin | -2.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Chang Won Precision India Private Limited, buy the company report.
Board of directors of Chang Won Precision India Private Limited
Chang Won Precision India has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaeboong Ha | Director | 30 Nov 2010 | 15 Years 10 Months | Current |
| Mookeun Lee | Additional Director | 02 May 2024 | 2 Years 5 Months | Current |
| Hojin Ryoo Also directs: Onyu Industries India Private Limited | Managing Director | 09 May 2011 | 15 Years 5 Months | Current |
Auditor
Chang Won Precision India Private Limited is audited by MNBK & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MNBK & ASSOCIATES | FY 2023 | 013363S |
Shareholding
The shareholding of Chang Won Precision India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Chang Won Precision India Private Limited, buy the company report.
Legal cases
Chang Won Precision India Private Limited has 1 court case on record: 1 filed by Chang Won Precision India. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, KOLAR, Karnataka | Civil suit | Filed by the company against individuals | Disposed |
To see the full case history of Chang Won Precision India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Chang Won Precision India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chang Won Precision India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECC2151K1ZN | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chang Won Precision India Private Limited, buy the company report.
Recent activity
Chang Won Precision India Private Limited has 5 board changes on record since 2010: 3 appointments and 2 cessations. The latest: Mookeun Lee was appointed as Additional Director on 02 May 2024.
Frequently asked questions
Chang Won Precision India is an active private limited company based in Bangalore, Karnataka, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 30 November 2010 (16+ years old) and is registered under CIN U29253KA2010PTC056055.
Chang Won Precision India has 3 current directors:
- Hojin Ryoo - Managing Director
- Jaeboong Ha - Director
- Mookeun Lee - Additional Director
The latest financial statements of Chang Won Precision India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Chang Won Precision India is 29AAECC2151K1ZN, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Chang Won Precision India is U29253KA2010PTC056055. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chang Won Precision India has 1 court case on record: 1 filed by the company.
Chang Won Precision India was incorporated on 30 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Mookeun Lee was appointed as Additional Director on 02 May 2024. Mookeun Lee ceased to be Director on 23 Apr 2019. Hojin Ryoo ceased to be Director on 14 Mar 2016. Chang Won Precision India has 5 board changes on record in total.
Yes, Chang Won Precision India is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0231977).
The registered office of Chang Won Precision India is at Rk Nivas No 317 6th D Cross Ombr Layout Bhuvanagiri Banaswadi, Bangalore, Karnataka, India – 560084.