Chang Won Precision India Private Limited

Chang Won Precision India Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U29253KA2010PTC056055 Incorporated 30 November 2010 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company machinery and equipment MSME · Micro
Data last updated
Revenue · FY 2024
₹3.19 Cr
▲ 50% YoY
Net loss · FY 2024
₹8.25 Lakh
Net margin -2.6%
EBITDA · FY 2024
-₹7.33 Lakh
EBITDA margin -2.3%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹1.8 Cr
Issued & subscribed
Company age
16 yrs
Est. 2010
Directors on board
3
As per MCA filings
Active GSTINs
1
of 2 registered

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

CIN U29253KA2010PTC056055
Registration Number 056055
Incorporation Date 30 November 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Chang Won Precision Co Ltd
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0231977

Recognitions & Rankings of Chang Won Precision India

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0231977

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 Address
    Rk Nivas No 317 6th D Cross Ombr Layout Bhuvanagiri Banaswadi, Bangalore, Karnataka, India – 560084
  • Industry
    Machinery and Equipment, Process Machinery & Industrial Equipment

To see the full contact details of Chang Won Precision India Private Limited, buy the company report.

Comprehensive company report
Chang Won Precision India 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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Business activity

The main business activity of Chang Won Precision India is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal 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 available

Chang Won Precision India Private Limited reported revenue of ₹3.19 Cr (up 50% YoY) for FY 2024.

Revenue · FY 2024
₹3.19 Cr ▲ 50%
Net loss · FY 2024
₹8.25 Lakh margin -2.6%
EBITDA · FY 2024
-₹7.33 Lakh margin -2.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 50%
5 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▲ 75%
3 years · compounded
▲ 58%
5 years · compounded
▲ 15%

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

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-₹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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Jaeboong HaDirector30 Nov 201015 Years 10 MonthsCurrent
Mookeun LeeAdditional Director02 May 20242 Years 5 MonthsCurrent
Hojin RyooManaging Director09 May 201115 Years 5 MonthsCurrent

Auditor

Chang Won Precision India Private Limited is audited by MNBK & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MNBK & ASSOCIATESFY 2023013363S

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 categoryFY 2022FY 2021FY 2020FY 2019FY 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.

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.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AAECC2151K1ZNKarnatakaActive01 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.

AGM
Chang Won Precision India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Mookeun Lee was appointed as Additional Director.
Filing
Chang Won Precision India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Mookeun Lee ceased to be Director.
Ceased
Hojin Ryoo ceased to be Director.
Appointed
Hojin Ryoo was appointed as Managing Director.
Appointed
Jaeboong Ha was appointed as Director.
Incorporation
30 Nov 2010
Chang Won Precision India Private Limited was registered on 30 Nov 2010 with Roc Bangalore & aged 15 years 10 months as per MCA records.

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:

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.