About Precision Components
Precision Components is a company based in Kanpur (India) founded in 1992 by Raj Shekhar Nair. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. Precision Components offers products and services including Ratchet Buckles, Hooks & Connectors, and Ratchet Lashing Belts. Precision Components operates in a competitive market with competitors including Maini Precision Products, Ramkrishna Forgings, Bharat Forge, Dynamatic Technologies and Nemak, among others.
- Headquarter Kanpur, India
- Founders Raj Shekhar Nair
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Annual Revenue
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Net Profit
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Latest Funding Round
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Products & Services of Precision Components
Precision Components offers a comprehensive portfolio of products and services, including Ratchet Buckles, Hooks & Connectors, and Ratchet Lashing Belts. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Various sizes of buckles are manufactured for securing loads.
Different hooks and connectors are produced for industrial use.
Lashing belts are made for heavy-duty cargo securing purposes.
Funding Insights of Precision Components
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Precision Components
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Precision Components
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Precision Components Comparisons
Competitors of Precision Components
Precision Components operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Maini Precision Products, Ramkrishna Forgings, Bharat Forge, Dynamatic Technologies and Nemak, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Manufacturer & supplier of precision products and assemblies
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| domain | founded_year | HQ Location |
Ramkrishna Forgings is engaged in metal forming and manufacturing.
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| domain | founded_year | HQ Location |
Technology-enabled automotive tools, forging, and machining materials are manufactured.
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| domain | founded_year | HQ Location |
Products for automotive, aeronautic, hydraulic, and security sectors are manufactured.
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| domain | founded_year | HQ Location |
Automotive aluminium components are manufactured and supplied to OEMs worldwide.
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| domain | founded_year | HQ Location |
Precision stamped components are manufactured and supplied to automotive OEMs.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Precision Components
When was Precision Components founded?
Precision Components was founded in 1992.
Where is Precision Components located?
Precision Components is headquartered in Kanpur, India. It is registered at Kanpur, Uttar Pradesh, India.
What does Precision Components do?
Precision Components, established in 1992, is involved in the manufacturing and exporting of industrial safety products and auto components. Products such as ratchet buckles, hooks, connectors, lashing belts, and anchors are produced for various industrial applications. The company serves sectors including automotive, defense, and heavy industry, with a market presence in the U.S., Canada, and Europe. Advanced testing facilities and ISO 9001:2015 certification ensure quality standards are maintained. Raw materials are sourced from renowned vendors, and innovative designs are developed to meet client needs.
Who are the top competitors of Precision Components?
Precision Components's top competitors include Bharat Forge, Maini Precision Products and Ramkrishna Forgings.
What products or services does Precision Components offer?
Precision Components offers Ratchet Buckles, Hooks & Connectors, and Ratchet Lashing Belts.