Precision Wires India Limited - Company Profile

It is a manufacturing public limited company based in Mumbai, Maharashtra, India, established in 1989.

1989 Mumbai, Maharashtra, India Active

Last Updated: January 11, 2026

About Precision Wires India Limited

Precision Wires India Limited, a active public limited company, was established on 23 November 1989 in Mumbai, Maharashtra, India. Engaging in cable & wire within the manufacturing sector, it holds CIN: L31300MH1989PLC054356. Registered under ROC Roc Mumbai. it is listed on BSE: 523539 and NSE: PRECWIRE. It has an authorized capital of ₹25.00 Cr and a paid-up capital of ₹18.28 Cr.

It upholds a compliant status. In 2023, it reported revenue of ₹3,055.47 Cr and a net worth of ₹450.31 Cr. Employing 671 professional, Its leadership includes Niraj Pankaj Bhukhanwala (Director), Sanjay Singhvi (Director), Deepak Mahendra Mehta (Whole-Time Director). Past directors included Vandana Garg Shrish, Vijay Mohan Crishna, Niraj Pankaj Bhukhanwala. It holds ₹1,081.20 Cr open charges and ₹272.53 Cr settled loans. Its latest AGM occurred on 09 August 2025, with the balance sheet filed on 31 March 2025. It is based at Saiman Hsc 2Nd Flr 1St Khedgall Khed Galli Prabhadevi, Mumbai, Maharashtra, 400025.

Company Details

CIN/LLPIN
L31300MH1989PLC054356
Registration Number
054356
Incorporation Date
23 November 1989
Authorized Capital
₹25.00 Cr
Paid-Up Capital
₹18.28 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 523539, NSE: PRECWIRE)
Company Status
Active

Key Metrics

Authorised Capital ₹ 25.00 Cr as on 11-01-2026
Paid Up Capital ₹ 18.28 Cr as on 11-01-2026
Company Age 36 Year, 3 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 1,081.20 Cr as on 11-01-2026
Satisfied Charges ₹ 272.53 Cr as on 11-01-2026
Revenue Growth **** 13.58% (FY 2023)
Profit Growth **** -5.58% (FY 2023)
Ebitda **** -9.32% (FY 2023)
Net Worth 23.41% (FY 2023)
Total Assets **** 5.63% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Precision Wires India Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Precision Wires India Limited?

Current Directors

Name	Designation	Appointment Date	Status
Niraj Pankaj Bhukhanwala	Director	27 May 2022	Current
Sanjay Singhvi	Director	10 Aug 2024	Current
Deepak Mahendra Mehta	Whole-Time Director	01 Aug 2007	Current
Manoj Ghanshyam Lekhrajani	Director	06 Mar 2024	Current
Asha Morley	Director	23 Jun 2023	Current
Milan Mahendra Mehta	Managing Director	28 Aug 2015	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	12 May 2023	Past
Pramod Abcsdd	Director	26 Jun 2020	Past
Pramod Abcsdd	Additional Director	02 Sep 2022	Past
Pramod Abcsdd	Director	06 Jan 2023	Past
Pramod Abcsdd	Additional Director	11 Sep 2024	Past
Pramod Abcsdd	Additional Director	28 Aug 2015	Past

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Financial Performance of Precision Wires India.

Precision Wires India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.58% increase. The company also saw a slight decrease in profitability, with a 5.58% decrease in profit. The company's net worth Soared by an impressive increase of 23.41%.

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

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

13.58%

*******

Revenue from Operations

*******

13.06%

*******

Total Assets

*******

5.63%

*******

Profit or Loss

*******

-5.58%

*******

Net Worth

*******

23.41%

*******

EBITDA

*******

-9.32%

*******

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What is the Ownership and Shareholding Structure of Precision Wires India?

In 2023, Precision Wires India had a promoter holding of 57.93% and a public holding of 42.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹10,812,000,000.00

Satisfied Charges

₹2,725,345,000.00

Charges Breakdown by Lending Institutions

Others : 662.20 Cr
Hdfc Bank Limited : 419.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
28 Nov 2025	Others	₹22.20 Cr	Open
03 Oct 2025	Others	₹280.00 Cr	Open
12 Aug 2025	Hdfc Bank Limited	₹34.00 Cr	Open
12 Aug 2025	Hdfc Bank Limited	₹125.00 Cr	Open
31 Jul 2024	Others	₹35.00 Cr	Open

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How Many Employees Work at Precision Wires India?

Precision Wires India has a workforce of 671 employees as of Jun 19, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Precision Wires India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Precision Wires India's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Precision Wires India

Recent Activity within the Organization

Charges

A charge with Others amounted to Rs. 22.20 Cr with Charge ID 101202503 was registered on 28 Nov 2025. was recorded as a recent event.
28 Nov 2025
Charges

Progress on A charge registered on 08 Aug 2002 via Charge ID 90237508 with Others was fully satisfied on 17 Oct 2025. was documented.
17 Oct 2025
Charges

Progress on A charge with Others amounted to Rs. 280.00 Cr with Charge ID 101173035 was registered on 03 Oct 2025. was documented.
03 Oct 2025
Charges

The activity A charge with Hdfc Bank Limited of Rs. 34.00 Cr registered on 12 Aug 2025 with Charge ID 101150538 was modified on 18 Sep 2025. was completed.
18 Sep 2025
Charges

A charge with Hdfc Bank Limited of Rs. 125.00 Cr registered on 12 Aug 2025 with Charge ID 101150541 was modified on 18 Sep 2025. was recorded as a recent event.
18 Sep 2025
Charges

A charge with Others of Rs. 325.00 Cr registered on 19 Apr 2018 with Charge ID 100176853 was modified on 18 Sep 2025. was recorded as a recent event.
18 Sep 2025

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