MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-20-0022047
Precision Gasification Services Private Limited - machinery and equipment in Rajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹38.27 Cr
▼ 6% YoY
Net profit · FY 2025
₹6.47 Cr
Net margin 16.9%
EBITDA · FY 2025
₹8.94 Cr
EBITDA margin 23.4%
Authorised capital
₹4.5 Cr
Registered with MCA
Paid-up capital
₹1.76 Cr
Issued & subscribed
Open charges
₹40.05 Cr
Secured borrowings
Company age
19 yrs
Est. 2007
Employees · EPFO
78
Provident fund records
About Precision Gasification Services Private Limited
Data last updated:
Precision Gasification Services Private Limited is a private limited company based in Rajkot, Gujarat, India, a subsidiary of Piigx Llc. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 24 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74900GJ2007PTC100789. Its GSTIN is 24AAKCS6948Q1ZE (Gujarat). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹1.76 Cr. It was formerly known as Sunag It & Consultancy Services Private Limited. It is led by directors Subhash Maganlal Patel and Sonam Suresh Tilva.
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 P.N. Tilva Plot No. G – 1308 Road I Kishan Gate Road G.I.D.C. Lodhika (Metoda), Rajkot, Gujarat, India – 360021.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.27 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹6.47 Cr (net margin 16.9%) and EBITDA of ₹8.94 Cr (EBITDA margin 23.4%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 7% over five years.
The company has about 78 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹40.05 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Precision Gasification Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0022047). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pgspl-piigx.com.
Company details
CIN U74900GJ2007PTC100789
Registration Number 100789
Incorporation Date 24 March 2007
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Piigx Llc
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-20-0022047
CIN history
Precision Gasification Services has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74900GJ2007PTC100789, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900GJ2007PTC100789 | Current |
| U72400WB2007PTC114535 | Previous |
| U74900WB2007PTC114535 | Previous |
Recognitions & Rankings of Precision Gasification Services
Contact details
Precision Gasification Services Private Limited's registered office is in Rajkot, Gujarat. Its website is pgspl-piigx.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressP.N. Tilva Plot No. G – 1308 Road I Kishan Gate Road G.I.D.C. Lodhika (Metoda), Rajkot, Gujarat, India – 360021
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Precision Gasification Services Private Limited, buy the company report.
Comprehensive company report
Precision Gasification Services 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activities of Precision Gasification Services are manufacturing and professional, scientific and technical. In detail, this covers metal and metal products and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Precision Gasification Services Private Limited, buy the company report.
Financials of Precision Gasification Services Private Limited
FY 2024 filings availablePrecision Gasification Services Private Limited reported revenue of ₹38.27 Cr (down 6% YoY) for FY 2025.
Revenue · FY 2025
₹38.27 Cr ▼ 6%
Net profit · FY 2025
₹6.47 Cr margin 16.9%
EBITDA · FY 2025
₹8.94 Cr margin 23.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 7%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 66%
3 years · compounded
▲ 33%
5 years · compounded
▲ 4%
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA rose 66% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.94 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.47 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.4% | ||||
| Net Profit Margin | 16.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Precision Gasification Services Private Limited, buy the company report.
Board of directors of Precision Gasification Services Private Limited
Precision Gasification Services has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subhash Maganlal Patel | Director | 02 Jul 2018 | 8 Years 3 Months | Current |
| Sonam Suresh Tilva Also directs: TM Buildcon One LLP | Director | 30 Sep 2017 | 9 Years 0 Months | Current |
Peer comparison
Precision Gasification Services Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Horizon Chutes Private Limited | ₹38.39 Cr (FY 2025) | 22.0% | Pune, Maharashtra, India | |||
| Venture Steels Private Limited | ₹38.28 Cr (FY 2024) | 11.0% | Baramati, Maharashtra, India | |||
| Precision Gasification Services Private Limitedthis company | ₹38.27 Cr (FY 2025) | ₹6.47 Cr | 16.9% | -6.0% | 78 | Rajkot, Gujarat, India |
| Triune Technofab Private Limited | ₹38.25 Cr (FY 2025) | -15.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Precision Gasification Services Private Limited, buy the company report.
Auditor
Precision Gasification Services Private Limited is audited by Arun M. Kothari for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Arun M. Kothari | FY 2024 | 108669 |
Shareholding
The shareholding of Precision Gasification Services Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Precision Gasification Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹40.05 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Sep 2025 | 101158413 | Hdfc Bank Limited | ₹30 Cr | Open | |
| 28 Apr 2025 | 101100797 | Others | ₹5.3 Cr | Open | |
| 17 Feb 2020 | 100327892 | Others | ₹4.75 Cr | Open |
To see the full charge records of Precision Gasification Services Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Precision Gasification Services Private Limited has 1 court case on record: 1 filed by Precision Gasification Services. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 1 other | Disposed |
To see the full case history of Precision Gasification Services 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
Precision Gasification Services Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| TCR Advanced Engineering Private Limited |
To see the full MSME payment records of Precision Gasification Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Precision Gasification Services Private Limited has a workforce of 78 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
78
Active EPFO establishments
1
Employee growth
32.2%
GST
Precision Gasification Services has 5 GST registrations: 2 active and 3 cancelled or inactive.
Total GSTINs
5
Active
2
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCS6948Q1ZE | Gujarat | Active | 01 Jul 2017 |
| 27AAKCS6948Q2Z7 | Maharashtra | Active | 26 Aug 2024 |
To see the full GST registrations and return filing status of Precision Gasification Services Private Limited, buy the company report.
Recent activity
Precision Gasification Services Private Limited has 7 board changes on record since 2017: 2 appointments and 5 cessations. The latest: Nagaraj Gopalrao Pathak ceased to be Director on 06 Feb 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 30.00 Cr registered on 15 Sep 2025 with Charge ID 101158413 was modified on 23 Sep 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 30.00 Cr with Charge ID 101158413 was registered on 15 Sep 2025.
Charges
A charge with Others amounted to Rs. 5.30 Cr with Charge ID 101100797 was registered on 28 Apr 2025.
AGM
Precision Gasification Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Precision Gasification Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Nagaraj Gopalrao Pathak ceased to be Director.
Charges
A charge with Others amounted to Rs. 4.75 Cr with Charge ID 100327892 was registered on 17 Feb 2020.
Ceased
Subhash Maganlal Patel ceased to be Additional Director.
Appointed
Subhash Maganlal Patel was appointed as Director.
Appointed
Sonam Suresh Tilva was appointed as Director.
Ceased
Sonam Suresh Tilva ceased to be Director.
Ceased
Hitesh Vasa ceased to be Director.
2 earlier events are in the company report.
Frequently asked questions
Precision Gasification Services is an active private limited company based in Rajkot, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 24 March 2007 (19+ years old) and is registered under CIN U74900GJ2007PTC100789.
Precision Gasification Services has 2 current directors:
- Subhash Maganlal Patel - Director
- Sonam Suresh Tilva - Director
The latest financial statements of Precision Gasification Services 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 Precision Gasification Services is 24AAKCS6948Q1ZE, registered in Gujarat. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 27AAKCS6948Q2Z7 (Maharashtra).
The CIN (Corporate Identification Number) of Precision Gasification Services is U74900GJ2007PTC100789. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Precision Gasification Services has 1 court case on record: 1 filed by the company.
Precision Gasification Services was incorporated on 24 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Precision Gasification Services by revenue are Horizon Chutes Private Limited, Venture Steels Private Limited, Triune Technofab Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products).
Nagaraj Gopalrao Pathak ceased to be Director on 06 Feb 2022. Subhash Maganlal Patel ceased to be Additional Director on 19 Sep 2018. Subhash Maganlal Patel was appointed as Director on 02 Jul 2018. Precision Gasification Services has 7 board changes on record in total.
Yes, Precision Gasification Services is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-20-0022047).
Precision Gasification Services has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 31 May 2019.
Precision Gasification Services can be reached through the website pgspl-piigx.com. Its registered office is in Rajkot, Gujarat, India.