Precision Spindles Limited - Company Profile

It is a industrial manufacturing private limited company based in Surat, Gujarat, India, established in 1995.
1995 Surat, Gujarat, India Struck Off
Last Updated:
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About Precision Spindles Limited

Precision Spindles Limited, a struck off private limited company, was established on 04 May 1995 in Surat, Gujarat, India. Engaging in spinning machines for preparing textile yarns within the industrial manufacturing sector, it holds CIN: U29262GJ1995PTC051872. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹2.00 M.

Its leadership includes Rajnikant Surajram Bachkaniwala (Director), Pratik Rajnikant Bachkaniwala (Director), Navinchandra Vadilal Mody (Director). Past directors included Devendra Pannalal Bachkaniwala, Chetan Shantilal Bachkaniwala, Navinchandra Vadilal Mody. It holds no open charges and ₹1.31 Cr settled loans. Its latest AGM occurred on 29 September 2015, with the balance sheet filed on 31 March 2015. It is based at 294, Gidc, Pandeswara, Surat, Gujarat, 394221.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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Company Details

  • CIN/LLPIN

    U29262GJ1995PTC051872

  • Registration Number

    051872

  • Incorporation Date

    04 May 1995

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹2.00 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Struck Off

Key Metrics
  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 30 Year, 10 Months
  • Last Filing with ROC 31 Mar 2015
  • Satisfied Charges ₹ 1.31 Cr
Company report

Precision Spindles Limited

Company Report FY 2025-2026

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Who are the key members and board of directors at Precision Spindles Limited?
Current Directors
Name Designation Appointment Date Status
Rajnikant Surajram Bachkaniwala Director 30 Nov 2009 Current
Pratik Rajnikant Bachkaniwala Director 30 Nov 2009 Current
Navinchandra Vadilal Mody Director 01 Dec 2012 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 30 Nov 2009 Past
Pramod Abcsdd Director 26 Apr 2011 Past
Pramod Abcsdd Additional Director 30 Sep 2013 Past
Pramod Abcsdd Director 01 Dec 2012 Past
Pramod Abcsdd Director 30 Nov 2009 Past
Pramod Abcsdd Director 26 Apr 2011 Past

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Financial Performance of Precision Spindles.

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Precision Spindles revenue growth over time
Precision Spindles profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
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(FY 2022) (FY 2021) (FY 2020) (FY 2019)
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What is the Ownership and Shareholding Structure of Precision Spindles?

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Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹13,122,000.00

Charges Breakdown by Lending Institutions
  • Bank Of Baroda : 1.31 Cr
Latest Charge Details
Date Lender Amount Status
15 Jan 1998 Bank Of Baroda ₹1.31 Cr Satisfied

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How Many Employees Work at Precision Spindles?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
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Alerts
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Latest Updates, News, and FAQs on Precision Spindles
Recent Activity within the Organization
  • Charges

    A charge registered on 15 Jan 1998 via Charge ID 90156770 with Bank Of Baroda was fully satisfied on 27 Feb 2016. was recorded as a recent event.

  • Annual General Meeting

    The activity Precision Spindles Limited last Annual general meeting of members was held on 29 Sep 2015 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Precision Spindles Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Ahmedabad. was completed.

  • Director Appointment

    Navinchandra Vadilal Mody was appointed as a Director was appointed as a Director on 01 Dec 2012 & has been associated with this company since 13 years 3 months . was recorded as a recent event.

  • Director Appointment

    Progress on Rajnikant Surajram Bachkaniwala was appointed as a Director was appointed as a Director on 30 Nov 2009 & has been associated with this company since 16 years 3 months . was documented.

  • Director Appointment

    The activity Pratik Rajnikant Bachkaniwala was appointed as a Director was appointed as a Director on 30 Nov 2009 & has been associated with this company since 16 years 3 months . was completed.

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Frequently Asked Questions
What is the CIN of Precision Spindles Limited?

The CIN of Precision Spindles Limited is U29262GJ1995PTC051872.

Where is Precision Spindles Limited headquartered?

Precision Spindles Limited is headquartered at 294, Gidc, Pandeswara, Surat, Gujarat, 394221.

When was Precision Spindles Limited incorporated?

Precision Spindles Limited was incorporated on 04 May 1995.

Who are the current directors of Precision Spindles Limited?

The current directors of Precision Spindles Limited are

What is the primary industry of Precision Spindles Limited?

The primary industry of Precision Spindles Limited is Industrial Manufacturing.

Is Precision Spindles Limited a listed company?

Precision Spindles Limited is unlisted.

What is the capital structure of Precision Spindles Limited?

The authorized capital of Precision Spindles Limited is ₹2.50 M, and the paid-up capital is ₹2.00 M.

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