MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0011481
Prece-Grip Private Limited - machinery and equipment in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.88 Cr
▲ 79% YoY
Net profit · FY 2025
₹19.69 Lakh
Net margin 6.8%
EBITDA · FY 2025
₹2.55 Cr
EBITDA margin 88.8%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5.35 Lakh
Issued & subscribed
Open charges
₹13.05 Cr
Satisfied ₹13.83 Cr
Company age
51 yrs
Est. 1975
Directors on board
2
As per MCA filings
About Prece-Grip Private Limited
Data last updated:
Prece-Grip Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Designer Home Steds Private Limited. It operates in the industrial machine tools segment of the machinery and industrial equipment sector. It was incorporated on 24 January 1975 and has been in existence for over 51 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U70100TN1975PTC006838. Its GSTIN is 33AAACP6410G1ZW (Tamil Nadu).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5.35 Lakh. It is led by directors Chandhana Ramesh and Ramakrishnan Venkatakrishnan.
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 Sp 7A Industrial Estate Guindy Chennai – 600032, Tamil Nadu, India – 600032.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.88 Cr, a growth of 79% compared to the previous year. For the same year it recorded a net profit of ₹19.69 Lakh (net margin 6.8%) and EBITDA of ₹2.55 Cr (EBITDA margin 88.8%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 34% over five years.
As per MCA filings, the company has open charges of ₹13.05 Cr and satisfied charges of ₹13.83 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Prece-Grip Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0011481). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website speroindia.com.
Company details
CIN U70100TN1975PTC006838
Registration Number 006838
Incorporation Date 24 January 1975
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Designer Home Steds Private Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0011481
CIN history
Prece-Grip has one previous CIN (Corporate Identification Number): U22110TN1975PTC006838. The current CIN is U70100TN1975PTC006838, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100TN1975PTC006838 | Current |
| U22110TN1975PTC006838 | Previous |
Recognitions & Rankings of Prece-Grip
Contact details
Prece-Grip Private Limited's registered office is in Chennai, Tamil Nadu. Its website is speroindia.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressSp 7A Industrial Estate Guindy Chennai – 600032, Tamil Nadu, India – 600032
- IndustryMachinery and Equipment, Industrial Machine Tools
To see the full contact details of Prece-Grip Private Limited, buy the company report.
Comprehensive company report
Prece-Grip 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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Secure checkout · GST invoice included
Business activity
The main business activity of Prece-Grip is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Prece-Grip Private Limited, buy the company report.
Financials of Prece-Grip Private Limited
FY 2024 filings availablePrece-Grip Private Limited reported revenue of ₹2.88 Cr (up 79% YoY) for FY 2025.
Revenue · FY 2025
₹2.88 Cr ▲ 79%
Net profit · FY 2025
₹19.69 Lakh margin 6.8%
EBITDA · FY 2025
₹2.55 Cr margin 88.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 79%
3 years · compounded
▲ 1%
5 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▲ 148%
3 years · compounded
▼ 2%
5 years · compounded
▲ 148%
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 79% growth in the latest year. EBITDA rose 148% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.55 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹19.69 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 88.8% | ||||
| Net Profit Margin | 6.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Prece-Grip Private Limited, buy the company report.
Board of directors of Prece-Grip Private Limited
Prece-Grip has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandhana Ramesh | Director | 02 May 2024 | 2 Years 5 Months | Current |
| Ramakrishnan Venkatakrishnan Also directs: Guindy Machine Tools Limited, Designer Home Steds Private Limited, Carpal Automotive Private Limited and 4 more | Director | 30 Sep 2022 | 4 Years 0 Months | Current |
Auditor
Prece-Grip Private Limited is audited by D N S S & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D N S S & ASSOCIATES | FY 2023 | 007812S |
Shareholding
The shareholding of Prece-Grip Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Prece-Grip Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13.05 Cr
Satisfied charges
₹13.83 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jan 2023 | 100675183 | Others | ₹13.05 Cr | Satisfied | |
| 19 Jun 1996 | 90303296 | The Tamil Nadu Industrial Investment Corporation Ltd | ₹20.85 Lakh | Satisfied | |
| 04 Aug 1995 | 90302641 | Central Bank of India | ₹11.5 Lakh | Satisfied | |
| 16 Sep 1992 | 90301821 | Central Bank of India | ₹7.25 Lakh | Satisfied | |
| 29 Jun 1992 | 90301812 | Central Bank of India | ₹7.25 Lakh | Satisfied |
To see the full charge records of Prece-Grip Private Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Prece-Grip Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (CRP PD) | Filed against the company by Central Bank of India | Disposed |
To see the full case history of Prece-Grip Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prece-Grip Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prece-Grip has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACP6410G1ZW | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prece-Grip Private Limited, buy the company report.
Recent activity
Prece-Grip Private Limited has 9 board changes on record since 2020: 2 appointments and 7 cessations. The latest: Chandhana Ramesh ceased to be Additional Director on 29 Sep 2024.
Charges
A charge registered on 03 Jan 2023 via Charge ID 100675183 with Others was fully satisfied on 02 Dec 2025.
AGM
Prece-Grip Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Chandhana Ramesh ceased to be Additional Director.
Appointed
Chandhana Ramesh was appointed as Director.
Filing
Prece-Grip Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 13.05 Cr with Charge ID 100675183 was registered on 03 Jan 2023.
Ceased
Harsha Skanda Sundaram ceased to be Director.
Ceased
Puneet Gupta ceased to be Director.
Appointed
Ramakrishnan Venkatakrishnan was appointed as Director.
Ceased
Ramakrishnan Venkatakrishnan ceased to be Additional Director.
Ceased
Sawan Gupta ceased to be Director.
Ceased
Suresh Sailesh ceased to be Additional Director.
43 earlier events are in the company report.
Frequently asked questions
Prece-Grip is an active private limited company based in Chennai, Tamil Nadu, India. The company works in industrial machine tools, within the machinery and equipment industry. It was incorporated on 24 January 1975 (51+ years old) and is registered under CIN U70100TN1975PTC006838.
Prece-Grip has 2 current directors:
- Chandhana Ramesh - Director
- Ramakrishnan Venkatakrishnan - Director
The latest financial statements of Prece-Grip 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 Prece-Grip is 33AAACP6410G1ZW, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Prece-Grip is U70100TN1975PTC006838. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prece-Grip has 1 court case on record: 1 filed against it.
Prece-Grip was incorporated on 24 January 1975, making it 51+ years old. It is registered with the Registrar of Companies, Chennai.
Chandhana Ramesh ceased to be Additional Director on 29 Sep 2024. Chandhana Ramesh was appointed as Director on 02 May 2024. Harsha Skanda Sundaram ceased to be Director on 30 Sep 2022. Prece-Grip has 9 board changes on record in total.
Yes, Prece-Grip is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0011481).
Prece-Grip can be reached through the website speroindia.com. Its registered office is in Chennai, Tamil Nadu, India.