Aask Precision Engineers Private Limited

Aask Precision Engineers Private Limited - machinery and equipment in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U28991PN1997PTC105446 Incorporated 28 January 1997 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company machinery and equipment MSME · Micro
Data last updated
Revenue · FY 2024
₹5.57 Cr
▼ 19% YoY
Net loss · FY 2024
₹22.98 Lakh
Net margin -4.1%
EBITDA · FY 2024
-₹3.27 Lakh
EBITDA margin -0.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2 Cr
Satisfied ₹1.47 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
23
Provident fund records

About Aask Precision Engineers Private Limited

Data last updated:

Aask Precision Engineers Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 28 January 1997 and has been in existence for over 29 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U28991PN1997PTC105446. Its GSTIN is 27AADCM7718B1ZM (Maharashtra).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It was formerly known as Damwell Industries Private Limited and Midas Fastners Private Limited. It is led by directors including Amruta Amit Velankar and Isha Amit Velankar.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 35 A1/1 Asmita Industrialeastate, Pune, Maharashtra, India – 411038.

As per the financials filed for FY 2024, the company reported a revenue of ₹5.57 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹22.98 Lakh (net margin -4.1%) and EBITDA of -₹3.27 Lakh (EBITDA margin -0.6%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 9% over five years.

The company has about 23 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: AASK Precision Engineers. As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹1.47 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.

Aask Precision Engineers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0010278). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aask-dam.com.

Company details

CIN U28991PN1997PTC105446
Registration Number 105446
Incorporation Date 28 January 1997
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0010278

Name history

Aask Precision Engineers has undergone 2 name changes throughout its history. The company was previously known as Damwell Industries Private Limited, and Midas Fastners Private Limited. The current legal name is Aask Precision Engineers Private Limited.

Company NameStatus
Aask Precision Engineers Private LimitedCurrent
Damwell Industries Private LimitedPrevious
Midas Fastners Private LimitedPrevious

CIN history

Aask Precision Engineers has one previous CIN (Corporate Identification Number): U28991MH1997PTC105446. The current CIN is U28991PN1997PTC105446, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U28991PN1997PTC105446Current
U28991MH1997PTC105446Previous
Key People
Amruta Amit Velankar Director Isha Amit Velankar Director Kushal Jaykumar Rao Director

Recognitions & Rankings of Aask Precision Engineers

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-26-0010278

Contact details

Aask Precision Engineers Private Limited's registered office is in Pune, Maharashtra. Its website is aask-dam.com. Its e-mail address is in the company report.

  • Email
  • Website
    aask-dam.com
  • Registered Address
    35 A1/1 Asmita Industrialeastate, Pune, Maharashtra, India – 411038
  • Industry
    Machinery and Equipment, Industrial Tools & Components

To see the full contact details of Aask Precision Engineers Private Limited, buy the company report.

Comprehensive company report
Aask Precision Engineers Private Limited - one report that includes everything
  • 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
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Brands

Aask Precision Engineers operates one associated brand: AASK Precision Engineers. Each brand links to its own profile.

BrandDescriptionWebsite
AASK Precision Engineers
Manufacturing of high tensile fasteners and machine components using CNC machining in Pune.aask-dam.com

Business activity

The main business activity of Aask Precision Engineers is other service activities. In detail, this covers activities of membership organizations.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
SOther service activities94Activities of membership organizations

To see the full business activity and turnover split of Aask Precision Engineers Private Limited, buy the company report.

Financials of Aask Precision Engineers Private Limited

FY 2025 filings available

Aask Precision Engineers Private Limited reported revenue of ₹5.57 Cr (down 19% YoY) for FY 2024.

Revenue · FY 2024
₹5.57 Cr ▼ 19%
Net loss · FY 2024
₹22.98 Lakh margin -4.1%
EBITDA · FY 2024
-₹3.27 Lakh margin -0.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 4%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▼ 113%
3 years · compounded
▲ 46%
5 years · compounded
▲ 2%

Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 19% fall in the latest year. EBITDA fell 113% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-₹3.27 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹22.98 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-0.6%
Net Profit Margin-4.1%
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 Aask Precision Engineers Private Limited, buy the company report.

Board of directors of Aask Precision Engineers Private Limited

Aask Precision Engineers has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Amruta Amit VelankarDirector01 Jul 200818 Years 4 MonthsCurrent
Isha Amit VelankarDirector01 Jan 201412 Years 10 MonthsCurrent
Kushal Jaykumar RaoDirector05 Feb 20215 Years 9 MonthsCurrent
Amit Krishna VelankarDirector01 Apr 20224 Years 7 MonthsCurrent
View all directors

Auditor

Aask Precision Engineers Private Limited is audited by NATU & PATHAK CHARTERED ACCOUNTANTS for the financial year 2022.

Auditor firmFinancial yearFirm registration number
NATU & PATHAK CHARTERED ACCOUNTANTSFY 2022112219W

Shareholding

The shareholding of Aask Precision Engineers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Aask Precision Engineers Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2 Cr
Satisfied charges
₹1.47 Cr
Breakdown by lending institutions
Others₹2.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
11 Jan 2019100237695Others₹2 CrOpen
20 Oct 200810133240Bank of Maharashtra₹1.47 CrSatisfied

To see the full charge records of Aask Precision Engineers Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

Aask Precision Engineers Private Limited has 11 MSME Form 1 returns on record between 2019 and 2022, listing 1,243 overdue payments to 103 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 103)

SupplierAmount dueDue sinceReported on
Keje Thermoweld Equipments Pvt Ltd
an individual supplier
an individual supplier
an individual supplier
Jis Tools Company

To see the full MSME payment records of Aask Precision Engineers Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Aask Precision Engineers Private Limited has a workforce of 23 employees on its EPFO records as of Sep 23, 2025, across 1 active EPFO establishment.

Employee count
23
Active EPFO establishments
1
Employee growth
27.78%

GST

Aask Precision Engineers has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AADCM7718B1ZMMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Aask Precision Engineers Private Limited, buy the company report.

Recent activity

Aask Precision Engineers Private Limited has 8 board changes on record since 1997: 6 appointments and 2 cessations. The latest: Amit Krishna Velankar was appointed as Director on 01 Apr 2022.

AGM
Aask Precision Engineers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Aask Precision Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Amit Krishna Velankar was appointed as Director.
Appointed
Kushal Jaykumar Rao was appointed as Director.
Ceased
Krishna Dattatray Velankar ceased to be Director.
Charges
A charge registered on 20 Oct 2008 via Charge ID 10133240 with Bank Of Maharashtra was fully satisfied on 07 Feb 2019.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100237695 was registered on 11 Jan 2019.
Ceased
Shubhada Krishna Velankar ceased to be Director.
Appointed
Isha Amit Velankar was appointed as Director.
Charges
A charge with Bank Of Maharashtra amounted to Rs. 1.47 Cr with Charge ID 10133240 was registered on 20 Oct 2008.
Appointed
Amruta Amit Velankar was appointed as Director.
Appointed
Shubhada Krishna Velankar was appointed as Director.

2 earlier events are in the company report.

Frequently asked questions

Aask Precision Engineers is an active private limited company based in Pune, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 28 January 1997 (29+ years old) and is registered under CIN U28991PN1997PTC105446.

Aask Precision Engineers has 4 current directors:

The latest financial statements of Aask Precision Engineers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Aask Precision Engineers is 27AADCM7718B1ZM, registered in Maharashtra.

The CIN (Corporate Identification Number) of Aask Precision Engineers is U28991PN1997PTC105446. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Aask Precision Engineers has 2 court cases on record: 2 filed against it.

Aask Precision Engineers was incorporated on 28 January 1997, making it 29+ years old. It is registered with the Registrar of Companies, Pune.

Amit Krishna Velankar was appointed as Director on 01 Apr 2022. Kushal Jaykumar Rao was appointed as Director on 05 Feb 2021. Krishna Dattatray Velankar ceased to be Director on 30 Mar 2019. Aask Precision Engineers has 8 board changes on record in total.

Yes, Aask Precision Engineers is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0010278).

Aask Precision Engineers has 11 MSME Form 1 returns on record between 2019 and 2022, listing 1,243 overdue payments to 103 micro and small suppliers. The latest return was filed on 13 Oct 2023.

Aask Precision Engineers can be reached through the website aask-dam.com. Its registered office is in Pune, Maharashtra, India.