Precision Infotech Private Limited
About Precision Infotech Private Limited
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Precision Infotech Private Limited is a private limited company based in Bangalore, Karnataka, India. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 28 June 2021.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC148858.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Adnan Sayed and Arshiya Anjum.
Its last annual general meeting (AGM) was held on 31 December 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 12 4 Thfloor Khata 43/2A Venkoji Raokhane Mangamannapalya Main Road Bommnahalli, Bangalore, Karnataka, India – 560068.
As per the financials filed for FY 2022, the company reported a revenue of ₹10 Lakh. For the same year it recorded a net loss of ₹18.52 Lakh (net margin -185.2%) and EBITDA of -₹18.52 Lakh (EBITDA margin -185.2%).
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- Registered Address12 4 Thfloor Khata 43/2A Venkoji Raokhane Mangamannapalya Main Road Bommnahalli, Bangalore, Karnataka, India – 560068
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Precision Infotech Private Limited
The main business activity of Precision Infotech is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Precision Infotech Private Limited FY 2022 filings available
Precision Infotech Private Limited reported revenue of ₹10 Lakh for FY 2022.
Financial Statement Summary of Precision Infotech Private Limited
| Metrics | FY 2021-22 |
|---|---|
| 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 | -₹18.52 Lakh |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | -₹18.52 Lakh |
| 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 of Precision Infotech Private Limited
| Metrics | FY 2021-22 |
|---|---|
| Profitability | |
| EBITDA Margin | -185.2% |
| Net Profit Margin | -185.2% |
| 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 | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Precision Infotech are in the company report.
Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Precision Infotech Private Limited
Precision Infotech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Adnan Sayed | Director | 28 Jun 2021 | 5 Years 3 Months | Current |
| Arshiya Anjum Also directs: Zedentech Solutions Private Limited | Director | 28 Jun 2021 | 5 Years 3 Months | Current |
Charges & Borrowings of Precision Infotech Private Limited
Precision Infotech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Precision Infotech Private Limited
Employment history and EPFO contributions of people linked to Precision Infotech.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Precision Infotech Private Limited
Precision Infotech Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Adnan Sayed was appointed as Director on 28 Jun 2021.
Credit Ratings, Litigation & Regulatory Alerts for Precision Infotech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- 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 Infotech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- 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 Infotech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Precision Infotech Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Precision Infotech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Precision Infotech Private Limited
Precision Infotech is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Precision Infotech is a company pending strike off, currently registered as a private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 28 June 2021 and is registered under CIN U72900KA2021PTC148858. The company may be struck off soon - caution is advised.
Precision Infotech has 2 current directors:
- Adnan Sayed - Director
- Arshiya Anjum - Director
The CIN (Corporate Identification Number) of Precision Infotech is U72900KA2021PTC148858. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Precision Infotech was incorporated on 28 June 2021. It is registered with the Registrar of Companies, Bangalore.
The registered office of Precision Infotech is at 12 4 Thfloor Khata 432A Venkoji Raokhane Mangamannapalya Main Road Bommnahalli, Bangalore, Karnataka, India – 560068.
Precision Infotech reported revenue of ₹10 Lakh for FY 2022.
Precision Infotech has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.
Precision Infotech reported a net loss of ₹18.52 Lakh (net margin -185.2%) and EBITDA of -₹18.52 Lakh (EBITDA margin -185.2%) for FY 2022, as per its filed financial statements.
Precision Infotech operates in the information technology industry, in the IT consulting and support services segment.