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Precision Engineers & Fabricators Private Limited loan details

Charges taken from banks & financial institutes

Data last updated:

Precision Engineers & Fabricators Private Limited has 14 charges registered with the Registrar of Companies: 11 open charges worth Rs 87.66 Cr and 3 satisfied charges worth Rs 22.85 Cr. The largest open charges are held by Axis Bank Limited, Family Credit Limited and Union Bank Of India. Lenders on record include L & T Finance Limited, Axis Bank Limited, Union Bank Of India, Cty Union Bank Ltd., Family Credit Limited, Kotak Mahindra Bank Limited, Housing Development Finance Corporation Limited, Syndicate Bank, City Union Bank Ltd.. The most recent charge was created on 20 May 2015 in favour of Axis Bank Limited for Rs 5.00 M and is open. A charge is a security interest a company creates over its assets in favour of a lender; an open charge is still outstanding, while a satisfied charge has been repaid and closed with the Registrar. Amounts are as filed with the MCA.

Under the Companies Act, 2013 a company must register every charge on its property or assets with the Registrar of Companies within thirty days of creating it (Form CHG-1, or CHG-9 for debentures), and report its satisfaction within thirty days of repayment (Form CHG-4). The register of charges is public, so lenders, suppliers and investors can see which assets of Precision Engineers & Fabricators Private Limited are already pledged, to whom, and for how much. This page lists each charge with its holder, amount, status and the dates of creation, modification and satisfaction, along with the share of borrowing held by each lending institution.

Amount in (₹)

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 31.50 Cr
  • Family Credit Limited : 26.50 Cr
  • Union Bank Of India : 17.83 Cr
  • Kotak Mahindra Bank Limited : 6.00 Cr
  • L & T Finance Limited : 3.32 Cr
  • Others : 2.52 Cr

₹87.66 crore

₹22.85 crore

9

Axis Bank Limited

Modification

16 Sep 2015

₹30.50 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
10141148 View DetailsCty Union Bank Ltd.₹ 14.90 26 Dec 200821 Jan 200919 Jan 2010 Satisfied 149000000.0
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