Precise Equipments Private Limited - Company Profile

It is a machinery and equipment private limited company based in Mumbai, Maharashtra, India, established in 1997.
1997 Mumbai, Maharashtra, India Active
Last Updated:
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About Precise Equipments Private Limited

Precise Equipments Private Limited, a active private limited company, was established on 07 October 1997 in Mumbai, Maharashtra, India. Engaging in process machinery & industrial equipment within the machinery and equipment sector, it holds CIN: U28920MH1997PTC111113. Registered under ROC Roc Mumbai I. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Varsha Nitin Patwardhan (Director), Nitin Pandurang Patwardhan (Whole-Time Director). Past directors included Narayan Bhaskar Borvankar, Varsha Nitin Patwardhan. It holds ₹5.41 M open charges and ₹4.35 M settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at B-4, Laghu Udyog Kendra, I B Patel Road, Goregaon East,, Mumbai, Maharashtra, 400063.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U28920MH1997PTC111113

  • Registration Number

    111113

  • Incorporation Date

    07 October 1997

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Mumbai I

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 28 Year, 5 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 5.41 M
  • Satisfied Charges ₹ 4.35 M
  • Revenue Growth **** -47.86%
  • Profit Growth **** -119.12%
  • Ebitda **** -110.12%
  • Net Worth -1.83%
  • Total Assets **** 9.73%
Company report

Precise Equipments Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Precise Equipments 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 Precise Equipments Private Limited?
Current Directors
Name Designation Appointment Date Status
Varsha Nitin Patwardhan Director 02 Aug 2023 Current
Nitin Pandurang Patwardhan Whole-Time Director 07 Oct 1997 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 17 Aug 2023 Past
Pramod Abcsdd Additional Director 29 Sep 2023 Past

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Financial Performance of Precise Equipments.

Precise Equipments Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 47.86% decrease. The company also saw a substantial fall in profitability, with a 119.12% decrease in profit. The company's net worth dipped by a decrease of 1.83%.

Precise Equipments revenue growth over time
Precise Equipments 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
********
 -47.86%
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*******
*******
Revenue from Operations
*******
 -48.07%
*******
*******
*******
*******
Total Assets
*******
 9.73%
*******
*******
*******
*******
Profit or Loss
*******
 -119.12%
*******
*******
*******
*******
Net Worth
*******
 -1.83%
*******
*******
*******
*******
EBITDA
*******
 -110.12%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Precise Equipments?

In 2017, Precise Equipments had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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

₹5,408,408.00

Satisfied Charges

₹4,350,000.00

Charges Breakdown by Lending Institutions
  • Others : 0.54 Cr
Latest Charge Details
Date Lender Amount Status
23 Jun 2020 Others ₹0.41 M Open
04 Jun 2018 Others ₹5.00 M Open
10 Dec 2010 Hdfc Bank Limited ₹3.00 M Satisfied
23 Dec 2002 Bank Of Maharastra ₹1.35 M Satisfied

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How Many Employees Work at Precise Equipments?

Unlock and access historical data on people associated with Precise Equipments, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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

Gain comprehensive insights into the Deals and Valuation data of Precise Equipments, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Precise Equipments's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Precise Equipments
Recent Activity within the Organization
  • Annual General Meeting

    Precise Equipments Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Precise Equipments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I. was documented.

  • Director Appointment

    Progress on Varsha Nitin Patwardhan was appointed as a Director was appointed as a Director on 02 Aug 2023 & has been associated with this company since 2 years 7 months . was documented.

  • Charges

    Progress on A charge with Others of Rs. 5.00 M registered on 04 Jun 2018 with Charge ID 100196382 was modified on 20 Jan 2021. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 0.41 M with Charge ID 100349025 was registered on 23 Jun 2020. was completed.

  • Charges

    The activity A charge registered on 10 Dec 2010 via Charge ID 10259300 with Hdfc Bank Limited was fully satisfied on 09 Jul 2019. was completed.

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Frequently Asked Questions
What is the CIN of Precise Equipments Private Limited?

The CIN of Precise Equipments Private Limited is U28920MH1997PTC111113.

Where is Precise Equipments Private Limited headquartered?

Precise Equipments Private Limited is headquartered at B-4, Laghu Udyog Kendra, I B Patel Road, Goregaon East,, Mumbai, Maharashtra, 400063.

When was Precise Equipments Private Limited incorporated?

Precise Equipments Private Limited was incorporated on 07 October 1997.

Who are the current directors of Precise Equipments Private Limited?

The current directors of Precise Equipments Private Limited are

What is the primary industry of Precise Equipments Private Limited?

The primary industry of Precise Equipments Private Limited is Machinery And Equipment.

Is Precise Equipments Private Limited a listed company?

Precise Equipments Private Limited is unlisted.

What is the capital structure of Precise Equipments Private Limited?

The authorized capital of Precise Equipments Private Limited is ₹1.00 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Precise Equipments Private Limited?

The compliance status of Precise Equipments Private Limited is Compliant.

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