Precitec Precision Machineries Private Limited - Company Profile

It is a machinery and equipment private limited company based in Bangalore, Karnataka, India, established in 2009.
2009 Bangalore, Karnataka, India Active
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About Precitec Precision Machineries Private Limited

Precitec Precision Machineries Private Limited, a active private limited company, was established on 30 November 2009 in Bangalore, Karnataka, India. Engaging in process machinery & industrial equipment within the manufacturing sector, it holds CIN: U31909KA2009PTC051667. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹2.60 M.

It upholds a compliant status. Employing 41 professional, Its leadership includes Ravindra Sridhara Honnudike (Director), Nikhila Sridhara Honnudike (Managing Director). Past directors included Nikhila Sridhara Honnudike, Sadashiv Yeshwanth Rao, Sridhara Honnudike Krishnaswamy. It holds ₹10.49 Cr open charges and ₹4.05 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at No.A-353(B), 8Th Main Road 2Nd Stage, Peenya Industrial Estate, Bangalore, Karnataka, 560058.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U31909KA2009PTC051667

  • Registration Number

    051667

  • Incorporation Date

    30 November 2009

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹2.60 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.60 M
  • Company Age 16 Year, 5 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 10.49 Cr
  • Satisfied Charges ₹ 4.05 Cr
  • Revenue Growth **** -36.43%
  • Profit Growth **** -44.68%
  • Ebitda **** -158.56%
  • Net Worth 8.05%
  • Total Assets **** 5.33%
Company report

Precitec Precision Machineries Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Precitec Precision Machineries Private 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 Precitec Precision Machineries Private Limited?
Current Directors
Name Designation Appointment Date Status
Ravindra Sridhara Honnudike Director 30 Nov 2009 Current
Nikhila Sridhara Honnudike Managing Director 30 Nov 2009 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Apr 2011 Past
Pramod Abcsdd Director 30 Sep 2017 Past
Pramod Abcsdd Director 31 Oct 2019 Past

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Financial Performance of Precitec Precision Machineries.

Precitec Precision Machineries Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 36.43% decrease. The company also saw a substantial fall in profitability, with a 44.68% decrease in profit. The company's net worth moved up by a moderate rise of 8.05%.

Precitec Precision Machineries revenue growth over time
Precitec Precision Machineries profit and loss trends over time
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
  • 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
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 -36.43%
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Revenue from Operations
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 -36.51%
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Total Assets
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 5.33%
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Profit or Loss
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 -44.68%
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Net Worth
*******
 8.05%
*******
*******
*******
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EBITDA
*******
 -158.56%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Precitec Precision Machineries?

In 2023, Precitec Precision Machineries had a public holding of 0.12%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

₹104,856,000.00

Satisfied Charges

₹40,500,000.00

Charges Breakdown by Lending Institutions
  • Canara Bank : 10.49 Cr
Latest Charge Details
Date Lender Amount Status
28 Feb 2018 Canara Bank ₹0.75 M Open
18 Dec 2017 Canara Bank ₹0.58 M Open
01 Feb 2011 Canara Bank ₹10.35 Cr Open
07 Jun 2010 Canara Bank ₹4.05 Cr Satisfied

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How Many Employees Work at Precitec Precision Machineries?

Precitec Precision Machineries has a workforce of 41 employees as of Apr 06, 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
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Precitec Precision Machineries, 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 Precitec Precision Machineries's trajectory.

Rating
Graph displaying rating trends over time

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
Alert Indicator

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 Precitec Precision Machineries
Recent Activity within the Organization
  • Charges

    Progress on A charge with Canara Bank of Rs. 103.52 M registered on 01 Feb 2011 with Charge ID 10268861 was modified on 07 Mar 2026. was documented.

  • Annual General Meeting

    Precitec Precision Machineries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Precitec Precision Machineries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was recorded as a recent event.

  • Charges

    A charge registered on 07 Jun 2010 via Charge ID 10226278 with Canara Bank was fully satisfied on 14 Jan 2019. was recorded as a recent event.

  • Charges

    The activity A charge with Canara Bank amounted to Rs. 0.75 M with Charge ID 100172991 was registered on 28 Feb 2018. was completed.

  • Charges

    Progress on A charge with Canara Bank amounted to Rs. 0.58 M with Charge ID 100145702 was registered on 18 Dec 2017. was documented.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Precitec Precision Machineries Private Limited?

The CIN of Precitec Precision Machineries Private Limited is U31909KA2009PTC051667.

Where is Precitec Precision Machineries Private Limited headquartered?

Precitec Precision Machineries Private Limited is headquartered at No.A-353(B), 8Th Main Road 2Nd Stage, Peenya Industrial Estate, Bangalore, Karnataka, 560058.

When was Precitec Precision Machineries Private Limited incorporated?

Precitec Precision Machineries Private Limited was incorporated on 30 November 2009.

Who are the current directors of Precitec Precision Machineries Private Limited?

The current directors of Precitec Precision Machineries Private Limited are

What is the primary industry of Precitec Precision Machineries Private Limited?

The primary industry of Precitec Precision Machineries Private Limited is Manufacturing.

Is Precitec Precision Machineries Private Limited a listed company?

Precitec Precision Machineries Private Limited is unlisted.

What is the capital structure of Precitec Precision Machineries Private Limited?

The authorized capital of Precitec Precision Machineries Private Limited is ₹5.00 M, and the paid-up capital is ₹2.60 M.

What is the compliance status of Precitec Precision Machineries Private Limited?

The compliance status of Precitec Precision Machineries Private Limited is Compliant.

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