- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-17-0002803

About Subir Precision Industries Private Limited
Data last updated:
Subir Precision Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 28 February 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27108MH1995PTC085924. Its GSTIN is 27AADCS5280J1Z2 (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Sharad Mahadeo Parulekar (Managing Director) and Parag Vijay Thakur.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A/41 Saubhagya Jeevan Vikaskendra Marg Andheri East, Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.26 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹51.81 Lakh (net margin -15.9%) and EBITDA of -₹12.98 Lakh (EBITDA margin -4%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 18% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.05 Cr and satisfied charges of ₹13.42 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending.
Subir Precision Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0002803). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website subirprecision.in.
Company details
Recognitions & Rankings of Subir Precision Industries
Contact details
Subir Precision Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is subirprecision.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA/41 Saubhagya Jeevan Vikaskendra Marg Andheri East, Mumbai, Maharashtra, India – 400069
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Subir Precision Industries Private Limited, buy the company report.
- 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
Business activity
The main business activity of Subir Precision Industries is manufacturing. In detail, this covers manufacture of electrical equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment |
To see the full business activity and turnover split of Subir Precision Industries Private Limited, buy the company report.
Financials of Subir Precision Industries Private Limited
FY 2024 filings availableSubir Precision Industries Private Limited reported revenue of ₹3.26 Cr (down 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 24% fall in the latest year. EBITDA fell 39% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹12.98 Lakh | ||||
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| Net Profit (PAT) | -₹51.81 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4% | ||||
| Net Profit Margin | -15.9% | ||||
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To see the full financial statements and ratios of Subir Precision Industries Private Limited, buy the company report.
Board of directors of Subir Precision Industries Private Limited
Subir Precision Industries has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parag Vijay Thakur | Director | 06 Jun 2013 | 13 Years 4 Months | Current |
| Nandan Shrinivas Kamat | Director | 19 Jul 2017 | 9 Years 3 Months | Current |
| Sharad Mahadeo Parulekar | Managing Director | 28 Feb 1995 | 31 Years 7 Months | Current |
| Sunanda Sharad Parulekar | Director | 23 Oct 2014 | 12 Years 0 Months | Current |
Auditor
Subir Precision Industries Private Limited is audited by Kulkarni & Khanolkar for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kulkarni & Khanolkar | FY 2023 | 105407W |
Shareholding
The shareholding of Subir Precision Industries Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Subir Precision Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Sep 2014 | 10525279 | The Saraswat Co-Operative Bank Ltd. | ₹2 Cr | Open | |
| 04 Dec 2012 | 10394800 | The Saraswat Co-Operative Bank Ltd. | ₹4.1 Cr | Open | |
| 08 Apr 2010 | 10222540 | Others | ₹2.9 Cr | Open | |
| 11 Mar 2003 | 90165485 | The Sarawat Co Operative | ₹5 Lakh | Open | |
| 23 Oct 2019 | 100297591 | Others | ₹1.2 Lakh | Satisfied |
To see the full charge records of Subir Precision Industries Private Limited, buy the company report.
Total charge records: 34 View all charges
Legal cases
Subir Precision Industries Private Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Maharashtra State Electricity Distribution Company Ltd. | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (REVN) | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (APPR) | Filed against the company by an individual | Disposed |
To see the full case history of Subir Precision Industries Private Limited, buy the company report.
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.
MSME payment delays
Subir Precision Industries Private Limited has 2 MSME Form 1 returns on record between 2019 and 2021, listing 86 overdue payments to 22 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Patel Mech India | |||
| an individual supplier | |||
| Solvo Chem |
To see the full MSME payment records of Subir Precision Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Subir Precision Industries Private Limited has a workforce of 12 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Subir Precision Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCS5280J1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Subir Precision Industries Private Limited, buy the company report.
Recent activity
Subir Precision Industries Private Limited has 13 board changes on record since 1995: 4 appointments and 9 cessations. The latest: Devendra Ramchandra Chandak ceased to be Director on 15 Jan 2020.
72 earlier events are in the company report.
Frequently asked questions
Subir Precision Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 28 February 1995 (31+ years old) and is registered under CIN U27108MH1995PTC085924.
Subir Precision Industries has 4 current directors:
- Sharad Mahadeo Parulekar - Managing Director
- Parag Vijay Thakur - Director
- Nandan Shrinivas Kamat - Director
- Sunanda Sharad Parulekar - Director
The latest financial statements of Subir Precision Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Subir Precision Industries is 27AADCS5280J1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Subir Precision Industries is U27108MH1995PTC085924. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Subir Precision Industries has 5 court cases on record: 5 filed against it. 1 is pending. Most are in the high courts.
Subir Precision Industries was incorporated on 28 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Devendra Ramchandra Chandak ceased to be Director on 15 Jan 2020. Anil Narayan Pednekar ceased to be Additional Director on 29 Sep 2017. Nandan Shrinivas Kamat ceased to be Additional Director on 29 Sep 2017. Subir Precision Industries has 13 board changes on record in total.
Yes, Subir Precision Industries is registered as a small enterprise under Udyam registration (number: UDYAM-MH-17-0002803).
Subir Precision Industries has 2 MSME Form 1 returns on record between 2019 and 2021, listing 86 overdue payments to 22 micro and small suppliers. The latest return was filed on 13 May 2021.
Subir Precision Industries can be reached through the website subirprecision.in. Its registered office is in Mumbai, Maharashtra, India.