Precision Fasteners Limited
About Precision Fasteners Limited
Data last updated: 24 June 2025
Precision Fasteners Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It specialises in industrial tools and components, a part of the broader machinery and industrial equipment sector. Incorporated on 20 March 1965, the company has been in operation for over 61 years.
Registered with ROC Mumbai under CIN L99999MH1965PLC013150. Listed.
Capital: an authorised share capital of ₹50 Cr and a paid-up capital of ₹32.52 Cr. It is led by directors including Viresh Shankar Mathur and Balakrishnan Chemethu Nair.
Last AGM: 23 June 2008. Financial statements filed for year ended 31 March 2007. Office: New India Centre 12Th Floor 17 Co – Operage Road, Mumbai, Maharashtra, India – 400039.
As per MCA filings, the company has open charges of ₹139.02 Cr on record.
The company is currently under liquidation - its assets are being sold to settle outstanding debts. It may lack the legal capacity to fulfil new agreements, and creditors are prioritised in the distribution of proceeds.
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Registered AddressNew India Centre 12Th Floor 17 Co – Operage Road, Mumbai, Maharashtra, India – 400039
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IndustryMachinery and Equipment, Industrial Tools & Components
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Board of Directors of Precision Fasteners Limited
Precision Fasteners Limited is currently managed by 7 directors, with 10 former directors 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 |
|---|---|---|---|---|
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Viresh Shankar Mathur
Also directs:
Bcause Enterprise Private Limited
|
Nominee Director | 14 May 2010 | 16 Years 2 Months | As last reported |
| Balakrishnan Chemethu Nair | Nominee Director | 20 Aug 2008 | 17 Years 11 Months | As last reported |
| Sanjay Babubhai Shah | Director | 11 Oct 1990 | 35 Years 9 Months | As last reported |
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Jagdishchandra Kanhaiyalal Shah
Also directs:
Wide Impex Private Limited
|
Director | 04 Jan 2010 | 16 Years 6 Months | As last reported |
|
Ramiah Hariharan
Also directs:
Precifast Private Limited
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Whole-Time Director | 04 Jul 2005 | 21 Years 0 Months | As last reported |
| Mancherji Kaikushroo Daver | Additional Director | 18 Jun 2007 | 19 Years 1 Months | As last reported |
Financials of Precision Fasteners Limited FY 2007 filings available
Ten-year financial statements for Precision Fasteners Limited
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Charges & Borrowings of Precision Fasteners Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jan 2009 | Asrec (India) Limited | ₹33.86 Cr | Open |
| 26 Aug 2003 | Asrec (India) Limited | ₹33.86 Cr | Open |
| 06 Aug 1998 | Asrec (India) Limited | ₹71.3 Cr | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Precision Fasteners Limited
View historical data on people associated with Precision Fasteners Limited, including employment history and EPFO contributions.
Employee and EPFO history for Precision Fasteners Limited
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GST Compliance of Precision Fasteners Limited
GST registrations and filing compliance for Precision Fasteners Limited
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Credit Ratings, Litigation & Regulatory Alerts for Precision Fasteners Limited
Credit ratings, litigation, and regulatory alerts for Precision Fasteners Limited
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MSME Payment Delays by Precision Fasteners Limited
MSME payment history for Precision Fasteners Limited
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Subsidiaries & Group Companies of Precision Fasteners Limited
Corporate group structure for Precision Fasteners Limited
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MCA Filings & Documents of Precision Fasteners Limited
MCA filings and documents for Precision Fasteners Limited
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Recent Activity on Precision Fasteners Limited
Frequently Asked Questions about Precision Fasteners Limited
Precision Fasteners Limited is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Precision Fasteners Limited is a company under liquidation, formerly operating as a public limited company in the machinery and equipment sector based in Mumbai, Maharashtra, India. It was incorporated on 20 March 1965 and is registered under CIN L99999MH1965PLC013150. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
The current directors of Precision Fasteners Limited are:
- Viresh Shankar Mathur - Nominee Director
- Balakrishnan Chemethu Nair - Nominee Director
- Sanjay Babubhai Shah - Director
- Jagdishchandra Kanhaiyalal Shah - Director
- Ramiah Hariharan - Whole-Time Director
- Mancherji Kaikushroo Daver - Additional Director
- Arvind Krishanparkash Oberoi - Director
The CIN (Corporate Identification Number) of Precision Fasteners Limited is L99999MH1965PLC013150. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Precision Fasteners Limited is a listed company.
Precision Fasteners Limited has open charges of ₹139.02 Cr and no satisfied charges on record as per latest MCA filings.