About Precision Pipes & Tubes Pvt Ltd
Data last updated:
Precision Pipes & Tubes Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 04 March 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27203WB1980PTC032573. Its GSTIN is 19AABCP5710G1ZK (West Bengal).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.98 Cr. It is led by directors Amit Raisurana and Sharddha Raisurana.
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 22 Rabindra Sarani, Kolkata, West Bengal, India – 700073.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.44 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹4,226 (net margin 0%) and EBITDA of ₹25.83 Lakh (EBITDA margin 1.7%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹5.7 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website precisionpipes.co.in.
Company details
Contact details
Precision Pipes & Tubes Pvt Ltd's registered office is in Kolkata, West Bengal. Its website is precisionpipes.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address22 Rabindra Sarani, Kolkata, West Bengal, India – 700073
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Precision Pipes & Tubes Pvt Ltd, buy the company report.
- 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
Business activity
The main business activity of Precision Pipes & Tubes is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Precision Pipes & Tubes Pvt Ltd, buy the company report.
Financials of Precision Pipes & Tubes Pvt Ltd
FY 2024 filings availablePrecision Pipes & Tubes Pvt Ltd reported revenue of ₹15.44 Cr (down 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 8% fall in the latest year. EBITDA fell 11% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹25.83 Lakh | ||||
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| Net Profit (PAT) | -₹4,226 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 1.7% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Precision Pipes & Tubes Pvt Ltd, buy the company report.
Board of directors of Precision Pipes & Tubes Pvt Ltd
Precision Pipes & Tubes has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Raisurana Also directs: Caldus Engineering LLP, MCC Scarab Agro Ltd., Northstra Dealmark Private Limited and 3 more | Director | 23 Jul 2003 | 23 Years 3 Months | Current |
| Sharddha Raisurana | Director | 09 May 2018 | 8 Years 6 Months | Current |
Auditor
Precision Pipes & Tubes Pvt Ltd is audited by GHOSHAL AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GHOSHAL AND CO | FY 2023 | 304154E |
Shareholding
The shareholding of Precision Pipes & Tubes Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | 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 Pipes & Tubes Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Aug 2024 | 100964072 | Others | ₹3 Cr | Open | |
| 23 Nov 2022 | 100721670 | Hdfc Bank Limited | ₹10 Lakh | Open | |
| 09 Jan 2007 | 10039848 | State Bank of India | ₹1.3 Cr | Open | |
| 09 Jan 2007 | 10039850 | State Bank of India | ₹1.3 Cr | Open |
Total charge records: 4 View all charges
Legal cases
Precision Pipes & Tubes Pvt Ltd has 2 court cases on record: 1 filed by Precision Pipes & Tubes, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Howrah, West Bengal | Criminal complaint | Filed against the company by State of West Bengal | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against State of West Bengal & Ors | Disposed |
To see the full case history of Precision Pipes & Tubes Pvt Ltd, 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
No delayed payments to MSME suppliers are on our record for Precision Pipes & Tubes Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Precision Pipes & Tubes has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCP5710G1ZK | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Precision Pipes & Tubes Pvt Ltd, buy the company report.
Recent activity
Precision Pipes & Tubes Pvt Ltd has 5 board changes on record since 2003: 2 appointments and 3 cessations. The latest: Sharddha Raisurana ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Precision Pipes & Tubes is an active private limited company based in Kolkata, West Bengal, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 04 March 1980 (46+ years old) and is registered under CIN U27203WB1980PTC032573.
Precision Pipes & Tubes has 2 current directors:
- Amit Raisurana - Director
- Sharddha Raisurana - Director
The latest financial statements of Precision Pipes & Tubes 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 Pipes & Tubes is 19AABCP5710G1ZK, registered in West Bengal.
The CIN (Corporate Identification Number) of Precision Pipes & Tubes is U27203WB1980PTC032573. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Precision Pipes & Tubes has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Precision Pipes & Tubes was incorporated on 04 March 1980, making it 46+ years old. It is registered with the Registrar of Companies, Kolkata.
Sharddha Raisurana ceased to be Additional Director on 29 Sep 2024. Indra Raisurana ceased to be Director on 10 May 2018. Sharddha Raisurana was appointed as Director on 09 May 2018. Precision Pipes & Tubes has 5 board changes on record in total.
Precision Pipes & Tubes can be reached through the website precisionpipes.co.in. Its registered office is in Kolkata, West Bengal, India.
The registered office of Precision Pipes & Tubes is at 22 Rabindra Sarani, Kolkata, West Bengal, India – 700073.
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