About Standards International Precision Engineers Private Limited
Data last updated:
Standards International Precision Engineers Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 28 April 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U02922KA2003PTC031868. Its GSTIN is 29AAHCS2925A1ZJ (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹55 Lakh. It is led by directors Sumitra Ashok Shanbhag (Whole-Time Director) and Pratap Ashok Shanbhag (Whole-Time Director).
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 A – 169 4th Crossi Stage Peenya Industrial Estate, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.56 Cr, a decline of 76% compared to the previous year. For the same year it recorded a net profit of ₹56.3 Lakh (net margin 4.9%) and EBITDA of ₹3.46 Cr (EBITDA margin 30%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 10% over five years.
The company is associated with 1 brand: Sipepl. As per MCA filings, the company has open charges of ₹20.85 Cr and satisfied charges of ₹6.92 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website standards-international-precision-engineers-pvt-ltd.business.site.
- EmailLocked
- TelephoneLocked
- Social Media
- Registered AddressA – 169 4th Crossi Stage Peenya Industrial Estate, Bangalore, Karnataka, India – 560058
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
- 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
- One PDF report, delivered after checkout
Business Activity of Standards International Precision Engineers Private Limited
The main business activity of Standards International Precision Engineers is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Standards International Precision Engineers Private Limited FY 2025 filings available
Standards International Precision Engineers Private Limited reported revenue of ₹11.56 Cr (down 76% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Standards International Precision Engineers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 76% fall in the latest year. EBITDA fell 68% 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 of Standards International Precision Engineers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.46 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹56.3 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Standards International Precision Engineers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Standards International Precision Engineers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Standards International Precision Engineers Private Limited
Standards International Precision Engineers Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Polygraph Printing Technologies Limited | ₹11.6 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| Marks Technosystems Private Limited | ₹11.6 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Pune, Maharashtra, India |
| Gabbar Industries Private Limited | ₹11.58 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Ahmedabad, Gujarat, India |
| Keramischer Ofenbau India Private Limited | ₹11.57 Cr (FY 2025) | •••• | •••• | -51.0% | •••• | Cr Park, Delhi, India |
| Seiler Garepa India Private Limited | ₹11.56 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Pune, Maharashtra, India |
| Standards International Precision Engineers Private Limited this company | ₹11.56 Cr (FY 2025) | •••• | •••• | -76.0% | •••• | Bangalore, Karnataka, India |
| Subhasurya Energy and Engineering Services Private Limited | ₹11.54 Cr (FY 2024) | •••• | •••• | 58.0% | •••• | Kozhikode, Kerala, India |
| Parle Freund Machinery Private Limited | ₹11.53 Cr (FY 2025) | •••• | •••• | 118.0% | •••• | Vasai, Maharashtra, India |
| Narayan Engimech Private Limited | ₹11.52 Cr (FY 2025) | •••• | •••• | 65.0% | •••• | Ahmedabad, Gujarat, India |
| Bagpet Paper Private Limited | ₹11.51 Cr (FY 2020) | •••• | •••• | -22.0% | •••• | Ahmedabad, Gujarat, India |
| Innovative Sewing India Private Limited | ₹11.49 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Tirupur, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Standards International Precision Engineers by revenue in the Machinery and Equipment industry (Process Machinery), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Standards International Precision Engineers Private Limited
Standards International Precision Engineers Private Limited is audited by K CHANNABASAPPA AND CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K CHANNABASAPPA AND CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Standards International Precision Engineers Private Limited
Standards International Precision Engineers has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumitra Ashok Shanbhag | Whole-Time Director | 28 Apr 2003 | 23 Years 5 Months | Current |
| Pratap Ashok Shanbhag | Whole-Time Director | 23 Nov 2021 | 4 Years 10 Months | Current |
Ownership and Shareholding of Standards International Precision Engineers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Standards International Precision Engineers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Mar 2018 | Axis Bank Limited | ₹17.81 Cr | Open |
| 15 Dec 2007 | Canara Bank | ₹1.5 Cr | Open |
| 17 Aug 2007 | Canara Bank | ₹1.54 Cr | Open |
| 02 Apr 2016 | Karnataka State Financial Corporation | ₹3.5 Cr | Satisfied |
| 20 Jul 2011 | Karnataka State Financial Corporation | ₹1.45 Cr | Satisfied |
Total charge records: 7 View all charges
Legal Cases of Standards International Precision Engineers Private Limited
Standards International Precision Engineers Private Limited has 1 court case on record: 1 filed by Standards International Precision Engineers. All case is disposed. Status as checked on 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Standards International Precision Engineers Private Limited
Standards International Precision Engineers operates one associated brand: Sipepl. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures automated plants for margarine, shortening, and food processing equipment. | sipepl.com |
Employees and EPFO Compliance at Standards International Precision Engineers Private Limited
Employment history and EPFO contributions of people linked to Standards International Precision Engineers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Standards International Precision Engineers Private Limited
Standards International Precision Engineers Private Limited has 5 board changes on record since 2003: 2 appointments and 3 cessations. The latest: Ashok Gangadhar Shanbhag ceased to be Managing Director on 22 Apr 2023.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Standards International Precision Engineers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Standards International Precision Engineers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Standards International Precision Engineers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Standards International Precision Engineers Private Limited
Standards International Precision Engineers has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCS2925A1ZJ | Karnataka | Active | 01 Jul 2017 |
| 08AAHCS2925A1ZN | Rajasthan | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Standards International Precision Engineers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Standards International Precision Engineers Private Limited
Standards International Precision Engineers is an active private limited company based in Bangalore, Karnataka, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 28 April 2003 (23+ years old) and is registered under CIN U02922KA2003PTC031868.
Standards International Precision Engineers reported revenue of ₹11.56 Cr for FY 2025 (down 76% YoY).
Standards International Precision Engineers has 2 current directors:
- Sumitra Ashok Shanbhag - Whole-Time Director
- Pratap Ashok Shanbhag - Whole-Time Director
Standards International Precision Engineers reported a net profit of ₹56.3 Lakh (net margin 4.9%) and EBITDA of ₹3.46 Cr (EBITDA margin 30%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Standards International Precision Engineers is -26% over three years and -10% over five years. In the latest year (FY 2025) revenue fell 76%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Standards International Precision Engineers is 29AAHCS2925A1ZJ, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08AAHCS2925A1ZN (Rajasthan).
The CIN (Corporate Identification Number) of Standards International Precision Engineers is U02922KA2003PTC031868. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Standards International Precision Engineers has 1 court case on record: 1 filed by the company.
Standards International Precision Engineers was incorporated on 28 April 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Standards International Precision Engineers by revenue are Polygraph Printing Technologies Limited, Marks Technosystems Private Limited, Gabbar Industries Private Limited, Keramischer Ofenbau India Private Limited, Seiler Garepa India Private Limited and 5 more, all in the Machinery and Equipment industry (Process Machinery).
Ashok Gangadhar Shanbhag ceased to be Managing Director on 22 Apr 2023. Pratap Ashok Shanbhag was appointed as Whole-Time Director on 23 Nov 2021. Pratap Ashok Shanbhag ceased to be Whole-Time Director on 24 Jun 2019. Standards International Precision Engineers has 5 board changes on record in total.