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Precision Power Products (India) Private Limited loan details

Charges taken from banks & financial institutes

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Amount in (₹)

Precision Power Products (India) Private Limited has 6 charges registered with the Registrar of Companies: 3 open charges worth Rs 59.82 Cr and 3 satisfied charges worth Rs 50.13 Cr. The largest open charges are held by Indian Overseas Bank and Axis Bank Limited. The most recent charge was created on 08 Jun 2023 in favour of Indian Overseas Bank for Rs 57.75 Cr and is open.

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 58.75 Cr
  • Axis Bank Limited : 1.07 Cr

₹59.82 crore

₹50.13 crore

3

Indian Overseas Bank

Modification

16 Jul 2025

₹57.75 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
100247034 View DetailsAxis Bank Limited₹ 26.60 29 Dec 201818 Feb 202212 Dec 2023 Satisfied 266000000.0
100389749 View DetailsAxis Bank Limited₹ 1.07 10 Nov 2020-14 Dec 2020 Satisfied 10700000.0
90144360 View DetailsState Bank Of India₹ 22.46 03 Mar 200303 Dec 201812 Mar 2019 Satisfied 224600000.0
100735414 View DetailsIndian Overseas Bank₹ 57.75 08 Jun 202316 Jul 2025- Open 577500000.0
100664648 View DetailsIndian Overseas Bank₹ 1.00 16 Dec 2022-- Open 10000000.0
100389407 View DetailsAxis Bank Limited₹ 1.07 10 Nov 2020-- Open 10700000.0
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Charge documents and asset details

The filed charge documents and the assets pledged under each charge are in the company report.

  • Assets and property pledged under each charge
  • Terms and conditions as filed
  • Filed charge documents where available

Verified entity values are shown only after access is granted.

A charge is a security interest a company creates over its assets in favour of a lender. An open charge is still outstanding; a satisfied charge has been repaid and closed with the Registrar. Under the Companies Act, 2013 every charge must be registered within thirty days of creation (Form CHG-1, or CHG-9 for debentures) and its satisfaction reported within thirty days of repayment (Form CHG-4). Amounts are as filed with the MCA.