Thiese Precision Private Limited - Company Profile

It is a metals and minerals private limited company based in Navsari, Gujarat, India, established in 2007.

2007 Navsari, Gujarat, India Active

Last Updated: December 20, 2025

About Thiese Precision Private Limited

Thiese Precision Private Limited, a active private limited company, was established on 22 March 2007 in Navsari, Gujarat, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U27310GJ2007PTC054838. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.30 M and a paid-up capital of ₹1.00 M.

It upholds a compliant status. Employing 91 professional, Its leadership includes Chetan Navinchandra Patel (Director), Megh Bimal Mehta (Director), Bimal Kantilal Mehta (Director). Past directors included Chetan Navinchandra Patel, Selvadurai Ampalavanar Hallman, Ujjal Bhattacharya. It holds ₹207.46 Cr open charges and ₹189.50 Cr settled loans. Its latest AGM occurred on 28 September 2024, with the balance sheet filed on 31 March 2024. It is based at Opp. Gidc, Nh No. 8 P.O. Kabilpore, Ganesh Sisodra, Navsari, Gujarat, 396424.

Company Details

CIN/LLPIN
U27310GJ2007PTC054838
Registration Number
054838
Incorporation Date
22 March 2007
Authorized Capital
₹1.30 M
Paid-Up Capital
₹1.00 M
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.30 M as on 20-12-2025
Paid Up Capital ₹ 1.00 M as on 20-12-2025
Company Age 18 Year, 10 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 207.46 Cr as on 20-12-2025
Satisfied Charges ₹ 189.50 Cr as on 20-12-2025
Revenue Growth **** -0.18% (FY 2024)
Profit Growth **** -66.38% (FY 2024)
Ebitda **** -28.23% (FY 2024)
Net Worth 0.89% (FY 2024)
Total Assets -23.81% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Thiese Precision 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 Thiese Precision Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Chetan Navinchandra Patel	Director	24 Apr 2023	Current
Megh Bimal Mehta	Director	24 Apr 2023	Current
Bimal Kantilal Mehta	Director	24 Apr 2023	Current
Mansukh Arjanbhai Sureja	Director	24 Apr 2023	Current
Chetan Mansukhlal Kothari	Director	24 Apr 2023	Current
Shyam Bimal Mehta	Director	24 Apr 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	29 Sep 2023	Past
Pramod Abcsdd	Director	08 Jul 2015	Past
Pramod Abcsdd	Director	09 May 2017	Past
Pramod Abcsdd	Additional Director	29 Sep 2023	Past
Pramod Abcsdd	Company Secretary	31 Dec 2010	Past
Pramod Abcsdd	Director	08 Jul 2015	Past

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Financial Performance of Thiese Precision.

Thiese Precision Private Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 0.18% decrease. The company also saw a substantial fall in profitability, with a 66.38% decrease in profit. The company's net worth moved up by a moderate rise of 0.89%.

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

********

-0.18%

*******

Revenue from Operations

*******

0.70%

*******

Total Assets

*******

-23.81%

*******

Profit or Loss

*******

-66.38%

*******

Net Worth

*******

0.89%

*******

EBITDA

*******

-28.23%

*******

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What is the Ownership and Shareholding Structure of Thiese Precision?

In 2024, Thiese Precision had a promoter holding of 100.00%. The company had 1 Subsidiary. 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

₹2,074,600,000.00

Satisfied Charges

₹1,895,000,000.00

Charges Breakdown by Lending Institutions

Axis Bank Limited : 172.73 Cr
Hdfc Bank Limited : 34.73 Cr

Latest Charge Details

Date	Lender	Amount	Status
06 Sep 2022	Hdfc Bank Limited	₹34.73 Cr	Open
04 Jul 2022	Axis Bank Limited	₹98.73 Cr	Open
16 Feb 2022	Axis Bank Limited	₹74.00 Cr	Open
03 Oct 2018	State Bank Of India	₹66.50 Cr	Satisfied
28 Sep 2018	State Bank Of India	₹66.50 Cr	Satisfied

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How Many Employees Work at Thiese Precision?

Thiese Precision has a workforce of 91 employees as of Oct 08, 2025. 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 Thiese Precision, 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 Thiese Precision'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 Thiese Precision

Recent Activity within the Organization

Annual General Meeting

Thiese Precision Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records. was recorded as a recent event.
28 Sep 2024
Balance Sheet

The activity Thiese Precision Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was completed.
31 Mar 2024
Director Appointment

The activity Chetan Navinchandra Patel was appointed as a Director was appointed as a Director on 24 Apr 2023 & has been associated with this company since 2 years 9 months . was completed.
24 Apr 2023
Director Appointment

The activity Megh Bimal Mehta was appointed as a Director was appointed as a Director on 24 Apr 2023 & has been associated with this company since 2 years 9 months . was completed.
24 Apr 2023
Director Appointment

Bimal Kantilal Mehta was appointed as a Director was appointed as a Director on 24 Apr 2023 & has been associated with this company since 2 years 9 months . was recorded as a recent event.
24 Apr 2023
Director Appointment

Progress on Mansukh Arjanbhai Sureja was appointed as a Director was appointed as a Director on 24 Apr 2023 & has been associated with this company since 2 years 9 months . was documented.
24 Apr 2023

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