Precision Staves Private Limited
About Precision Staves Private Limited
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Precision Staves Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 06 November 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U17121WB2006PTC111681. Its GSTIN is 19AAECP2079D1ZF (West Bengal).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.13 Lakh. It is led by directors Vishrut Bajaj and Pankaj Bajaj.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at P – 16 Sahitya Parishad Street, Kolkata, West Bengal, India – 700006.
As per the financials filed for FY 2024, the company reported a revenue of ₹35.68 Lakh, a decline of 73% compared to the previous year. For the same year it recorded a net profit of ₹47,077 (net margin 1.3%) and EBITDA of ₹3.63 Lakh (EBITDA margin 10.2%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 15% over five years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Precision Staves Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressP – 16 Sahitya Parishad Street, Kolkata, West Bengal, India – 700006
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Precision Staves Private Limited, 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 Staves is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Precision Staves Private Limited, buy the company report.
Financials of Precision Staves Private Limited
FY 2025 filings availablePrecision Staves Private Limited reported revenue of ₹35.68 Lakh (down 73% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 73% fall in the latest year. EBITDA fell 17% 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 | ₹3.63 Lakh | ||||
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| Net Profit (PAT) | ₹47,077 | ||||
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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 | 10.2% | ||||
| Net Profit Margin | 1.3% | ||||
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To see the full financial statements and ratios of Precision Staves Private Limited, buy the company report.
Board of directors of Precision Staves Private Limited
Precision Staves has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishrut Bajaj Also directs: Needles Texwool (India) Private Limited, Bajaj Industries Pvt Ltd, Bajaj Tambula Pinned Products Private Limited and 1 more | Director | 22 Aug 2022 | 4 Years 2 Months | Current |
| Pankaj Bajaj Also directs: Needles Texwool (India) Private Limited, Bajaj Industries Pvt Ltd, Bajaj Tambula Pinned Products Private Limited and 1 more | Director | 10 Oct 2023 | 3 Years 0 Months | Current |
Auditor
Precision Staves Private Limited is audited by S PODDAR & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S PODDAR & CO | FY 2021 | 320294E |
Shareholding
The shareholding of Precision Staves Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Precision Staves Private Limited, buy the company report.
Legal cases
Precision Staves Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Company petition | Filed against the company by In the Matter of : Lagan Engineering Co. Ltd -and- | Disposed |
To see the full case history of Precision Staves 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
No delayed payments to MSME suppliers are on our record for Precision Staves Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Precision Staves Private Limited has 1 active EPFO establishment as of Apr 02, 2024.
GST
Precision Staves has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECP2079D1ZF | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Precision Staves Private Limited, buy the company report.
Recent activity
Precision Staves Private Limited has 9 board changes on record since 2007: 4 appointments and 5 cessations. The latest: Arun Kumar Saraf ceased to be Director on 30 Sep 2024.
Frequently asked questions
Precision Staves is an active private limited company based in Kolkata, West Bengal, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 06 November 2006 (20+ years old) and is registered under CIN U17121WB2006PTC111681.
Precision Staves has 2 current directors:
- Vishrut Bajaj - Director
- Pankaj Bajaj - Director
The latest financial statements of Precision Staves on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Precision Staves is 19AAECP2079D1ZF, registered in West Bengal.
The CIN (Corporate Identification Number) of Precision Staves is U17121WB2006PTC111681. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Precision Staves has 1 court case on record: 1 filed against it.
Precision Staves was incorporated on 06 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Kolkata.
Arun Kumar Saraf ceased to be Director on 30 Sep 2024. Sanjeev Bajaj ceased to be Director on 30 Sep 2024. Pankaj Bajaj ceased to be Additional Director on 29 Sep 2024. Precision Staves has 9 board changes on record in total.
The registered office of Precision Staves is at P – 16 Sahitya Parishad Street, Kolkata, West Bengal, India – 700006.
Precision Staves operates in the machinery and equipment industry, in the industrial products retail and distribution segment.