Meet Precision Engineering Works (I) Private Limited - Company Profile

It is a engineering private limited company based in Thane, Maharashtra, India, established in 2011.
2011 Thane, Maharashtra, India Active
Last Updated:
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About Meet Precision Engineering Works (I) Private Limited

Meet Precision Engineering Works (I) Private Limited, a active private limited company, was established on 14 June 2011 in Thane, Maharashtra, India. Engaging in metal foundry & fabrication services within the manufacturing sector, it holds CIN: U28112MH2011PTC218642. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹2.30 M.

It upholds a compliant status. Its leadership includes Meet Paresh Jani (Director), Paresh Manubhai Jani (Director). Past directors included Chetana Naresh Mahajan, Suresh Ramchandra Mali. It holds ₹4.00 M open charges and ₹3.50 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at A-601, 6Th Floor,Sunrise Enclave ,Ghodbunder Road, Next To Suraj Water Park, Kavesar, Thane, Maharashtra, 400601.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U28112MH2011PTC218642

  • Registration Number

    218642

  • Incorporation Date

    14 June 2011

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹2.30 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.30 M
  • Company Age 14 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.00 M
  • Satisfied Charges ₹ 3.50 M
  • Revenue Growth **** -4.15%
  • Profit Growth **** 635.71%
  • Ebitda **** 1.13%
  • Net Worth 9.41%
  • Total Assets -5.27%
Company report

Meet Precision Engineering Works (I) Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Meet Precision Engineering Works (I) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Meet Precision Engineering Works (I) Private Limited?
Current Directors
Name Designation Appointment Date Status
Meet Paresh Jani Director 17 Aug 2024 Current
Paresh Manubhai Jani Director 14 Jun 2011 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 02 Feb 2012 Past
Pramod Abcsdd Director 12 Sep 2024 Past

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Financial Performance of Meet Precision Engineering Works (I).

Meet Precision Engineering Works (I) Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 4.15% decrease. The company also saw a substantial improvement in profitability, with a 635.71% increase in profit. The company's net worth moved up by a moderate rise of 9.41%.

Meet Precision Engineering Works (I) revenue growth over time
Meet Precision Engineering Works (I) profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -4.15%
*******
*******
*******
*******
Revenue from Operations
*******
 -4.15%
*******
*******
*******
*******
Total Assets
*******
 -5.27%
*******
*******
*******
*******
Profit or Loss
*******
 635.71%
*******
*******
*******
*******
Net Worth
*******
 9.41%
*******
*******
*******
*******
EBITDA
*******
 1.13%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Meet Precision Engineering Works (I)?

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Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹4,000,000.00

Satisfied Charges

₹3,500,000.00

Charges Breakdown by Lending Institutions
  • Tjsb Sahakari Bank Limited : 0.40 Cr
Latest Charge Details
Date Lender Amount Status
20 Dec 2016 Tjsb Sahakari Bank Limited ₹2.00 M Open
23 Mar 2015 Tjsb Sahakari Bank Limited ₹2.00 M Open
03 Dec 2018 Sidbi ₹3.50 M Satisfied

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How Many Employees Work at Meet Precision Engineering Works (I)?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Meet Precision Engineering Works (I)
Recent Activity within the Organization
  • Annual General Meeting

    Meet Precision Engineering Works (I) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Progress on Meet Paresh Jani was appointed as a Director was appointed as a Director on 17 Aug 2024 & has been associated with this company since 1 year 5 months . was documented.

  • Balance Sheet

    Meet Precision Engineering Works (I) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.

  • Charges

    The activity A charge registered on 03 Dec 2018 via Charge ID 100221517 with Sidbi was fully satisfied on 13 Jan 2023. was completed.

  • Charges

    The activity A charge with Sidbi amounted to Rs. 3.50 M with Charge ID 100221517 was registered on 03 Dec 2018. was completed.

  • Charges

    The activity A charge with Tjsb Sahakari Bank Limited amounted to Rs. 2.00 M with Charge ID 100070969 was registered on 20 Dec 2016. was completed.

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Frequently Asked Questions
What is the CIN of Meet Precision Engineering Works (I) Private Limited?

The CIN of Meet Precision Engineering Works (I) Private Limited is U28112MH2011PTC218642.

Where is Meet Precision Engineering Works (I) Private Limited headquartered?

Meet Precision Engineering Works (I) Private Limited is headquartered at A-601, 6Th Floor,Sunrise Enclave ,Ghodbunder Road, Next To Suraj Water Park, Kavesar, Thane, Maharashtra, 400601.

When was Meet Precision Engineering Works (I) Private Limited incorporated?

Meet Precision Engineering Works (I) Private Limited was incorporated on 14 June 2011.

Who are the current directors of Meet Precision Engineering Works (I) Private Limited?

The current directors of Meet Precision Engineering Works (I) Private Limited are

What is the primary industry of Meet Precision Engineering Works (I) Private Limited?

The primary industry of Meet Precision Engineering Works (I) Private Limited is Manufacturing.

Is Meet Precision Engineering Works (I) Private Limited a listed company?

Meet Precision Engineering Works (I) Private Limited is unlisted.

What is the capital structure of Meet Precision Engineering Works (I) Private Limited?

The authorized capital of Meet Precision Engineering Works (I) Private Limited is ₹2.50 M, and the paid-up capital is ₹2.30 M.

What is the compliance status of Meet Precision Engineering Works (I) Private Limited?

The compliance status of Meet Precision Engineering Works (I) Private Limited is Compliant.

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