About Techno Tools Precision Engineering Private Limited
Data last updated:
Techno Tools Precision Engineering Private Limited was a private limited company based in Rajajinagar, Karnataka, India, operated as a subsidiary of Cyient Dlm Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 05 March 2013.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U36900KA2013PTC068084. Its GSTIN is 29AAECT5720F1ZC (Karnataka).
The company had an authorised share capital of ₹35 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Rajendran Subbaiah and Rabindra Kumar Sahoo.
Its last annual general meeting (AGM) was held on 29 June 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at No.70 (Old No.F – 53)) 4th Main Road Industrial Estate, Rajajinagar, Karnataka, India – 560044.
As per the financials filed for FY 2017, the company reported a revenue of ₹5.01 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹2.83 Cr (net margin -56.5%) and EBITDA of -₹1.82 Cr (EBITDA margin -36.3%).
The company had about 93 employees on its provident fund (EPFO) records before it was dissolved.
The company has 2 deals on record (1 secondary share transfer, 1 acquisition); the latest was in June 2017.
The last known website on record is rangsonstechnotools.com.
Company details
Contact details
Techno Tools Precision Engineering Private Limited's registered office is in Rajajinagar, Karnataka. Its website is rangsonstechnotools.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.70 (Old No.F – 53)) 4th Main Road Industrial Estate, Rajajinagar, Karnataka, India – 560044
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Techno Tools Precision Engineering 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 Techno Tools Precision Engineering is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Techno Tools Precision Engineering Private Limited, buy the company report.
Financials of Techno Tools Precision Engineering Private Limited
FY 2017 filings availableTechno Tools Precision Engineering Private Limited reported revenue of ₹5.01 Cr (up 13% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 13% in the latest year. EBITDA fell 107% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| 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 | -₹1.82 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.83 Cr | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -36.3% | ||
| Net Profit Margin | -56.5% | ||
| 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 | |||
To see the full financial statements and ratios of Techno Tools Precision Engineering Private Limited, buy the company report.
Board of directors of Techno Tools Precision Engineering Private Limited
Techno Tools Precision Engineering has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendran Subbaiah | Director | 03 Jun 2017 | 9 Years 4 Months | As last reported |
| Rabindra Kumar Sahoo | Director | 19 Jan 2017 | 9 Years 9 Months | As last reported |
Auditor
Techno Tools Precision Engineering Private Limited is audited by K. P. Rao & Co. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. P. Rao & Co. | FY 2016 |
Shareholding
The shareholding of Techno Tools Precision Engineering Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Techno Tools Precision Engineering Private Limited, buy the company report.
Deals & funding
Techno Tools Precision Engineering Private Limited has 2 deals on record (1 secondary share transfer, 1 acquisition); the latest was in June 2017.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2017 | Secondary share transfer | Undisclosed | Buyer: Cyient DLM Limited Seller: Cyient DLM Limited |
| Jun 2015 | Acquisition | Undisclosed | Buyer: Cyient DLM Limited Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Techno Tools Precision Engineering Private 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 Techno Tools Precision Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Techno Tools Precision Engineering Private Limited has a workforce of 93 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Techno Tools Precision Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECT5720F1ZC | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Techno Tools Precision Engineering Private Limited, buy the company report.
Recent activity
Techno Tools Precision Engineering Private Limited has 10 board changes on record since 2015: 2 appointments and 8 cessations. The latest: Rabindra Kumar Sahoo ceased to be Additional Director on 29 Jun 2017.
1 earlier event is in the company report.
Frequently asked questions
Techno Tools Precision Engineering has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Techno Tools Precision Engineering was a private limited company based in Rajajinagar, Karnataka, India. The company worked in industrial tools and components, within the machinery and equipment industry. It was incorporated on 05 March 2013 and is registered under CIN U36900KA2013PTC068084. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Techno Tools Precision Engineering was incorporated on 05 March 2013. It is registered with the Registrar of Companies, Bangalore.
Techno Tools Precision Engineering had 2 directors:
- Rajendran Subbaiah - Director
- Rabindra Kumar Sahoo - Director
The CIN (Corporate Identification Number) of Techno Tools Precision Engineering is U36900KA2013PTC068084. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Techno Tools Precision Engineering is at No.70 Old No.F – 53 4th Main Road Industrial Estate, Rajajinagar, Karnataka, India – 560044.
Techno Tools Precision Engineering can be reached through the website rangsonstechnotools.com. Its registered office is in Rajajinagar, Karnataka, India.
The latest financial statements of Techno Tools Precision Engineering on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 June 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Techno Tools Precision Engineering is 29AAECT5720F1ZC, registered in Karnataka.
Techno Tools Precision Engineering operated in the machinery and equipment industry, in the industrial tools and components segment.