India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #1,113 Deepak Mehta & family ₹2,300 Cr
- #1,113 Milan Mehta & family ₹2,300 Cr
Precision Wires India Limited
Precision Wires India Limited - business services in Mumbai, Maharashtra, India. Directors, charges & compliance details.
Active Listed Public Limited Company
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹18.28 Cr
Issued & subscribed
Open charges
₹1,626 Cr
Satisfied ₹272.53 Cr
Company age
37 yrs
Est. 1989
Directors on board
6
As per MCA filings
Last financials
Mar 2026
Balance sheet date
Last AGM
10 Aug 2026
Annual general meeting
Company status
Active
MCA master data
About Precision Wires India Limited
Data last updated:
Precision Wires India Limited is a public limited company based in Mumbai, Maharashtra, India. It was incorporated on 23 November 1989 and has been in existence for over 37 years.
Its director Deepak Mehta and family are #1,113 among India's richest people (2026). Its director Milan Mehta and family are #1,113 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L27320MH1989PLC054356. It is a listed company.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹18.28 Cr. It is led by directors including Milan Mahendra Mehta (Managing Director) and Deepak Mahendra Mehta (Whole-Time Director).
Its last annual general meeting (AGM) was held on 10 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Saiman Hsc 2nd Flr 1st Khedgall Khed Galli Prabhadevi, Mumbai, Maharashtra, India – 400025.
As per MCA filings, the company has open charges of ₹1,626 Cr and satisfied charges of ₹272.53 Cr on record.
Company details
CIN L27320MH1989PLC054356
Registration Number 054356
Incorporation Date 23 November 1989
ROC Mumbai
Listing Status Listed
Company Status Active
Date of Last AGM 10 August 2026
Date of Balance Sheet 31 March 2026
Key People
Milan Mahendra Mehta Managing Director Deepak Mahendra Mehta Whole-Time Director Niraj Pankaj Bhukhanwala Director Recognitions & Rankings of Precision Wires India
Contact details
Precision Wires India Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressSaiman Hsc 2nd Flr 1st Khedgall Khed Galli Prabhadevi, Mumbai, Maharashtra, India – 400025
Comprehensive company report
Precision Wires India Limited - one report that includes everything
- 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
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Financials of Precision Wires India Limited
FY 2026 filings availableFinancial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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To see the full financial statements and ratios of Precision Wires India Limited, buy the company report.
Board of directors of Precision Wires India Limited
Precision Wires India has 6 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Milan Mahendra Mehta | Managing Director | 28 Aug 2015 | 11 Years 1 Months | Current |
| Deepak Mahendra Mehta Also directs: Precision Wires India Limited, Galvawire Agencies Private Limited | Whole-Time Director | 01 Aug 2007 | 19 Years 2 Months | Current |
| Niraj Pankaj Bhukhanwala Also directs: Precision Wires India Limited, Hifin Trading Co LLP, 6C Nanocarb Private Limited and 5 more | Director | 27 May 2022 | 4 Years 4 Months | Current |
| Sanjay Singhvi Also directs: Precision Wires India Limited, Shubakshi Alloh Resources LLP | Director | 10 Aug 2024 | 2 Years 2 Months | Current |
| Manoj Ghanshyam Lekhrajani Also directs: Precision Wires India Limited, Treyah Healthcare LLP, Pharmapoint (India) Private Limited and 1 more | Director | 06 Mar 2024 | 2 Years 7 Months | Current |
| Asha Morley Also directs: Precision Wires India Limited, RKB Global Limited | Director | 23 Jun 2023 | 3 Years 3 Months | Current |
Charges & borrowings
Open charges
₹1,626 Cr
Satisfied charges
₹272.53 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jul 2026 | 101345271 | Axis Bank Limited | ₹350 Cr | Open | |
| 05 Mar 2026 | 101247358 | Hdfc Bank Limited | ₹19.8 Cr | Open | |
| 28 Nov 2025 | 101202503 | Others | ₹22.2 Cr | Open | |
| 03 Oct 2025 | 101173035 | Others | ₹305 Cr | Open | |
| 12 Aug 2025 | 101150538 | Hdfc Bank Limited | ₹34 Cr | Open |
To see the full charge records of Precision Wires India Limited, buy the company report.
Total charge records: 16 View all charges
Legal cases
No court or tribunal cases involving Precision Wires India Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Precision Wires India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Precision Wires India Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Precision Wires India Limited has 6 board changes on record since 2007: 6 appointments. The latest: Sanjay Singhvi was appointed as Director on 10 Aug 2024.
AGM
Precision Wires India Limited last Annual general meeting of members was held on 10 Aug 2026 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 350.00 Cr with Charge ID 101345271 was registered on 07 Jul 2026.
Charges
A charge with Others of Rs. 305.00 Cr registered on 03 Oct 2025 with Charge ID 101173035 was modified on 07 Jul 2026.
Filing
Precision Wires India Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Charges
A charge with Hdfc Bank Limited of Rs. 19.80 Cr registered on 05 Mar 2026 with Charge ID 101247358 was modified on 23 Mar 2026.
Charges
A charge with Others of Rs. 22.20 Cr registered on 28 Nov 2025 with Charge ID 101202503 was modified on 23 Mar 2026.
Charges
A charge with Hdfc Bank Limited of Rs. 275.00 Cr registered on 13 Feb 2020 with Charge ID 100326590 was modified on 23 Mar 2026.
Charges
A charge with Others of Rs. 425.00 Cr registered on 19 Apr 2018 with Charge ID 100176853 was modified on 23 Mar 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 19.80 Cr with Charge ID 101247358 was registered on 05 Mar 2026.
Charges
A charge with Others amounted to Rs. 22.20 Cr with Charge ID 101202503 was registered on 28 Nov 2025.
Charges
A charge registered on 08 Aug 2002 via Charge ID 90237508 with Others was fully satisfied on 17 Oct 2025.
Charges
A charge with Others amounted to Rs. 305.00 Cr with Charge ID 101173035 was registered on 03 Oct 2025.
32 earlier events are in the company report.
Frequently asked questions
Precision Wires India is an active public limited company based in Mumbai, Maharashtra, India. It was incorporated on 23 November 1989 (37+ years old) and is registered under CIN L27320MH1989PLC054356.
Precision Wires India has 6 current directors:
- Milan Mahendra Mehta - Managing Director
- Deepak Mahendra Mehta - Whole-Time Director
- Niraj Pankaj Bhukhanwala - Director
- Sanjay Singhvi - Director
- Manoj Ghanshyam Lekhrajani - Director
- Asha Morley - Director
The latest financial statements of Precision Wires India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 10 August 2026. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Precision Wires India is L27320MH1989PLC054356. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Precision Wires India is a listed company.
Precision Wires India was incorporated on 23 November 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Sanjay Singhvi was appointed as Director on 10 Aug 2024. Manoj Ghanshyam Lekhrajani was appointed as Director on 06 Mar 2024. Asha Morley was appointed as Director on 23 Jun 2023. Precision Wires India has 6 board changes on record in total.
The registered office of Precision Wires India is at Saiman Hsc 2nd Flr 1st Khedgall Khed Galli Prabhadevi, Mumbai, Maharashtra, India – 400025.
Precision Wires India has open charges of ₹1,626 Cr and satisfied charges of ₹272.53 Cr as per latest MCA filings.
Precision Wires India can be reached at its registered office: Saiman Hsc 2nd Flr 1st Khedgall Khed Galli Prabhadevi, Mumbai, Maharashtra, India – 400025.