Precision Spindles Limited
About Precision Spindles Limited
Data last updated:
Precision Spindles Limited was a private limited company based in Surat, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the spinning machines for preparing textile yarns segment of the industrial manufacturing sector. It was incorporated on 04 May 1995.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29262GJ1995PTC051872.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20 Lakh. It was led by directors including Rajnikant Surajram Bachkaniwala and Pratik Rajnikant Bachkaniwala.
Its last annual general meeting (AGM) was held on 29 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at 294 GIDC Pandeswara, Surat, Gujarat, India – 394221.
As per MCA filings, the company had satisfied charges of ₹1.31 Cr on record. Court records list 4 cases involving the company, including 4 filed against it.
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- Registered Address294 GIDC Pandeswara, Surat, Gujarat, India – 394221
- IndustryIndustrial Manufacturing, Spinning Machines For Preparing Textile Yarns, Manufacturing, Special Purpose Machinery
- 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
Financials of Precision Spindles Limited FY 2015 filings available
Financial Statement Summary of Precision Spindles Limited
| Metrics | FY 2014-15 |
|---|---|
| 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 | •••• |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | •••• |
| 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 Spindles Limited
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | •••• |
| Net Profit Margin | •••• |
| 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 Spindles are in the company report.
Financial statements from 2015
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 Spindles Limited
Precision Spindles has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajnikant Surajram Bachkaniwala | Director | 30 Nov 2009 | 16 Years 10 Months | As last reported |
| Pratik Rajnikant Bachkaniwala | Director | 30 Nov 2009 | 16 Years 10 Months | As last reported |
| Navinchandra Vadilal Mody | Director | 01 Dec 2012 | 13 Years 10 Months | As last reported |
Charges & Borrowings of Precision Spindles Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jan 1998 | Bank of Baroda | ₹1.31 Cr | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Precision Spindles Limited
Precision Spindles Limited has 4 court cases on record: 4 filed against it. All cases are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Jayabharat Credit Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by an individual | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Precision Spindles Limited
Employment history and EPFO contributions of people linked to Precision Spindles.
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.
CIN History of Precision Spindles Limited
Precision Spindles has one previous CIN (Corporate Identification Number): U29262MH1995PTC088015. The current CIN is U29262GJ1995PTC051872, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29262GJ1995PTC051872 | Current |
| U29262MH1995PTC088015 | Previous |
Recent Activity on Precision Spindles Limited
Precision Spindles Limited has 9 board changes on record since 2009: 3 appointments and 6 cessations. The latest: Navinchandra Vadilal Mody ceased to be Additional Director on 30 Sep 2013.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Precision Spindles 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 Spindles 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 Spindles 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 Spindles 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 Spindles 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 Spindles Limited
Precision Spindles has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Precision Spindles was a private limited company based in Surat, Gujarat, India. The company worked in spinning machines for preparing textile yarns, within the industrial manufacturing industry. It was incorporated on 04 May 1995 and is registered under CIN U29262GJ1995PTC051872. The company has been struck off by the Registrar of Companies and is no longer operational.
Precision Spindles had 3 directors:
- Rajnikant Surajram Bachkaniwala - Director
- Pratik Rajnikant Bachkaniwala - Director
- Navinchandra Vadilal Mody - Director
The CIN (Corporate Identification Number) of Precision Spindles is U29262GJ1995PTC051872. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Precision Spindles is at 294 GIDC Pandeswara, Surat, Gujarat, India – 394221.
Precision Spindles was incorporated on 04 May 1995. It is registered with the Registrar of Companies, Ahmedabad.
Precision Spindles has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20 Lakh.
Precision Spindles operated in the industrial manufacturing industry, in the spinning machines for preparing textile yarns segment. It worked in this industry before it was struck off.
No. Precision Spindles is not listed on any stock exchange. It is an unlisted company.
Precision Spindles has 4 court cases on record: 4 filed against it.