Precision Techserve Private Limited

Precision Techserve Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials and compliance.
CIN U51909TN1999PTC041955 Incorporated 23 February 1999 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹42.21 Cr
▲ 26.00% YoY
EBITDA · FY 2024
Locked
In full report
Net profit · FY 2024
Locked
In full report
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹16.09 Lakh
Issued & subscribed
Open charges
₹5 Cr
Satisfied ₹17.23 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
813
Latest available

About Precision Techserve Private Limited

Data last updated: 06 January 2026

Precision Techserve Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Precision Infomatic (Madras ) Private Limited. It specialises in IT consulting and support services, a part of the broader technology and IT services sector. Incorporated on 23 February 1999, the company has been in operation for over 27 years.

Registered with ROC Chennai under CIN U51909TN1999PTC041955.

Capital: an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹16.09 Lakh. It is led by directors including Mathew Chacko and Thanjavur Govindarajan Ramesh.

Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: 22 Habibulla Road T Nagar, Chennai, Tamil Nadu, India – 600017.

As per the financials filed for FY 2024, the company reported a revenue of ₹42.21 Cr, a growth of 26% compared to the previous year.

The company has a workforce of approximately 813 employees as per the latest available data. It operates as a subsidiary of Precision Infomatic (Madras ) Private Limited.

The company is associated with 1 brand - Precision. As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹17.23 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website precisionit.co.in.

Company Details of Precision Techserve Private Limited
CIN U51909TN1999PTC041955
Registration Number 041955
Incorporation Date 23 February 1999
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Precision Infomatic (Madras ) Private Limited
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    22 Habibulla Road T Nagar, Chennai, Tamil Nadu, India – 600017
  • Industry
    Information Technology, IT Consulting & Support Services
Company report
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Financials, compliance, directors, charges, ownership and filings for Precision Techserve Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Precision Techserve Private Limited

Precision Techserve Private Limited operates one associated brand: Precision. These brands represent Precision Techserve Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Precision is engaged in providing biometric and cloud solutions. precisionit.co.in

Competitors & Alternatives of Precision Techserve Private Limited

Brands and companies operating in the same space as Precision Techserve Private Limited include Happiest Minds, Mavenir, 1&1 IONOS and 6 more.

Competitor Description Location Founded
Happiest Minds Happiest Minds IT outsourcing services are delivered across multiple business lines. Bengaluru, India, India 2011
Mavenir Mavenir Multi-access edge networking computing platform is provided for mobile services. Richardson, United States, United States 2005
1&1 IONOS 1&1 IONOS Cloud infrastructure and hosting services are provided by 1&1 IONOS. Chesterbrook, United States, United States 1988
Datamatics Datamatics Cloud-based text analytics and cognitive automation services are provided. Mumbai, India, India 1975
Genpact Genpact Provider of end-to-end business process outsourcing services New York, United States, United States 1997
NTT DATA NTT DATA Application development, cloud, cybersecurity, and business intelligence services are provided. Koto City, Japan, Japan 1967
Endava Endava Endava is engaged in digital transformation and AI-driven solutions. London, United Kingdom, United Kingdom 2000
Accenture Accenture IT and management consultancy services are provided globally. Dublin, Ireland, Ireland 1989
UST UST High-quality office furniture is provided by UST for various needs. Taiwan 1998

Business Activity of Precision Techserve Private Limited

Precision Techserve Private Limited is engaged in the principal business activity of information and communication, with detailed activities including 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
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Business activity turnover details for Precision Techserve Private Limited

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Auditor Details of Precision Techserve Private Limited

Precision Techserve Private Limited is audited by S. Balaji for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
S. Balaji Locked Locked Locked
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Complete auditor history for Precision Techserve Private Limited

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Board of Directors of Precision Techserve Private Limited

Precision Techserve Private Limited is currently managed by 3 directors, with 3 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors

Financials of Precision Techserve Private Limited FY 2024 filings available

Precision Techserve Private Limited reported revenue of ₹42.21 Cr (up 26.00% YoY) for FY 2024.

Revenue · FY 2024
₹42.21 Cr ▲ 26.00%
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Ten-year financial statements for Precision Techserve Private Limited

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Ownership and Shareholding of Precision Techserve Private Limited

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Shareholding and ownership data for Precision Techserve Private Limited

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Charges & Borrowings of Precision Techserve Private Limited

Open charges
₹5 Cr
Satisfied charges
₹17.23 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹5.00 Cr
Latest charge details
DateLenderAmountStatus
26 Aug 2025 Hdfc Bank Limited ₹5 Cr Open
11 Mar 2025 State Bank of India ₹4.75 Cr Satisfied
30 Jun 2022 State Bank of India ₹5 Cr Satisfied
30 Jan 2006 Canara Bank ₹7.1 Cr Satisfied
16 Jul 2003 Bank of Baroda ₹7.5 Lakh Satisfied

Total charge records: 7 View all charges

Employees and EPFO Compliance at Precision Techserve Private Limited

Precision Techserve Private Limited has a workforce of 813 employees as of Apr 05, 2024.

Employee count
813
Active EPFO establishments
1
Employee growth
9.42%
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Employee and EPFO history for Precision Techserve Private Limited

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GST Compliance of Precision Techserve Private Limited

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GST registrations and filing compliance for Precision Techserve Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Precision Techserve Private Limited

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Credit ratings, litigation, and regulatory alerts for Precision Techserve Private Limited

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MSME Payment Delays by Precision Techserve Private Limited

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MSME payment history for Precision Techserve Private Limited

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Subsidiaries & Group Companies of Precision Techserve Private Limited

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Corporate group structure for Precision Techserve Private Limited

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MCA Filings & Documents of Precision Techserve Private Limited

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MCA filings and documents for Precision Techserve Private Limited

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Recent Activity on Precision Techserve Private Limited

Charges
26 Aug 2025
A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 101146786 was registered on 26 Aug 2025.
Charges
08 Jul 2025
A charge registered on 11 Mar 2025 via Charge ID 101084335 with State Bank Of India was fully satisfied on 08 Jul 2025.
Charges
25 Apr 2025
A charge registered on 30 Jun 2022 via Charge ID 100596093 with State Bank Of India was fully satisfied on 25 Apr 2025.
Charges
11 Mar 2025
A charge with State Bank Of India amounted to Rs. 4.75 Cr with Charge ID 101084335 was registered on 11 Mar 2025.
Activity
30 Sep 2024
Precision Techserve Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Activity
31 Mar 2024
Precision Techserve Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

Frequently Asked Questions about Precision Techserve Private Limited

Precision Techserve Private Limited is an active private limited company in the information technology sector based in Chennai, Tamil Nadu, India. It was incorporated on 23 February 1999 (27+ years old) and is registered under CIN U51909TN1999PTC041955. The company has 813 employees.

Precision Techserve Private Limited reported revenue of ₹42.21 Cr for FY 2024 (up 26.00% YoY).

The current directors of Precision Techserve Private Limited are:

The primary industry of Precision Techserve Private Limited is information technology. The company specifically operates in IT consulting and support services. The company is currently active in this sector.

Precision Techserve Private Limited can be reached at the registered office: 22 Habibulla Road T Nagar, Chennai, Tamil Nadu, India – 600017, or through the website precisionit.co.in.

The authorised capital is ₹1.5 Cr, and the paid-up capital is ₹16.09 Lakh.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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