About Precision Coatings Pvt Ltd
Data last updated: 06 February 2026
Precision Coatings Pvt Ltd is a private limited company based in Indore, Madhya Pradesh, India. It specialises in medical consumables and supplies, a part of the broader healthcare sector. Incorporated on 21 August 1986, the company has been in operation for over 40 years.
Registered with ROC Gwalior under CIN U29101MP1986PTC003544.
Capital: an authorised share capital of ₹15 Lakh and a paid-up capital of ₹13.75 Lakh. It is led by directors including Raju Sethi and Nirupma Sethi.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Ec – 80 Scheme No 94 – C Ring Road Opp.Hotel Radisson, Indore, Madhya Pradesh, India – 452010.
As per the financials filed for FY 2024, the company reported a revenue of ₹44.18 Cr, a growth of 12% compared to the previous year.
The company has a workforce of approximately 131 employees as per the latest available data.
The company is associated with 1 brand - Medigrip. As per MCA filings, the company has open charges of ₹4.2 Cr and satisfied charges of ₹2.73 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website medigrip.in.
-
EmailLocked
-
TelephoneLocked
-
Website
-
Social Media
-
Registered AddressEc – 80 Scheme No 94 – C Ring Road Opp.Hotel Radisson, Indore, Madhya Pradesh, India – 452010
-
IndustryHealthcare, Medical Consumables & Supplies
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Precision Coatings Pvt Ltd
Precision Coatings Pvt Ltd operates one associated brand: Medigrip. These brands represent Precision Coatings Pvt Ltd's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of wound care, pain management, and disinfection products in the healthcare sector. | medigrip.in |
Business Activity of Precision Coatings Pvt Ltd
Precision Coatings Pvt Ltd is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details for Precision Coatings Pvt Ltd
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Precision Coatings Pvt Ltd
Precision Coatings Pvt Ltd is audited by M MEHTA & CO for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M MEHTA & CO | Locked | Locked | Locked |
Complete auditor history for Precision Coatings Pvt Ltd
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Precision Coatings Pvt Ltd
Precision Coatings Pvt Ltd is currently managed by 3 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raju Sethi | Director | 21 Aug 1986 | 39 Years 11 Months | Current |
| Nirupma Sethi | Director | 01 Oct 2006 | 19 Years 9 Months | Current |
| Dhananjay Sethi | Director | 07 Jul 2015 | 11 Years 0 Months | Current |
Financials of Precision Coatings Pvt Ltd FY 2025 filings available
Precision Coatings Pvt Ltd reported revenue of ₹44.18 Cr (up 12.00% YoY) for FY 2024.
Ten-year financial statements for Precision Coatings Pvt Ltd
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Precision Coatings Pvt Ltd
Shareholding and ownership data for Precision Coatings Pvt Ltd
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Precision Coatings Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 May 2022 | Hdfc Bank Limited | ₹70.31 Lakh | Open |
| 25 Aug 2012 | Others | ₹3.5 Cr | Open |
| 15 Feb 2011 | Citibank N. A. | ₹1.75 Cr | Satisfied |
| 16 Aug 2000 | Madhya Pradesh Financial Corporation | ₹20 Lakh | Satisfied |
| 29 Apr 1999 | Bank of India | ₹28 Lakh | Satisfied |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Precision Coatings Pvt Ltd
Precision Coatings Pvt Ltd has a workforce of 131 employees as of Apr 04, 2024.
Employee and EPFO history for Precision Coatings Pvt Ltd
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Precision Coatings Pvt Ltd
GST registrations and filing compliance for Precision Coatings Pvt Ltd
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Precision Coatings Pvt Ltd
Credit ratings, litigation, and regulatory alerts for Precision Coatings Pvt Ltd
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Precision Coatings Pvt Ltd
MSME payment history for Precision Coatings Pvt Ltd
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Precision Coatings Pvt Ltd
Corporate group structure for Precision Coatings Pvt Ltd
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Precision Coatings Pvt Ltd
MCA filings and documents for Precision Coatings Pvt Ltd
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Precision Coatings Pvt Ltd
Frequently Asked Questions about Precision Coatings Pvt Ltd
Precision Coatings Pvt Ltd is an active private limited company in the healthcare sector based in Indore, Madhya Pradesh, India. It was incorporated on 21 August 1986 (40+ years old) and is registered under CIN U29101MP1986PTC003544. The company has 131 employees.
Precision Coatings Pvt Ltd reported revenue of ₹44.18 Cr for FY 2024 (up 12.00% YoY).
The current directors of Precision Coatings Pvt Ltd are:
- Raju Sethi - Director
- Nirupma Sethi - Director
- Dhananjay Sethi - Director
The primary industry of Precision Coatings Pvt Ltd is healthcare. The company specifically operates in medical consumables and supplies. The company is currently active in this sector.
Precision Coatings Pvt Ltd can be reached at the registered office: Ec – 80 Scheme No 94 – C Ring Road Opp.Hotel Radisson, Indore, Madhya Pradesh, India – 452010, or through the website medigrip.in.
The authorised capital is ₹15 Lakh, and the paid-up capital is ₹13.75 Lakh.