Precision Components Business Investment Opportunity in Bangalore, India

- We are a CNC machined parts manufacturer with large MNC clients.

- Manufacture parts for aerospace, defense, infrastructure and automobile sectors.

- Firm has been operational for 24 years and has Miniratna and Navratna clients like HAL, BEL and also corporate clients like Wipro Infra and L&T.

- Presently the company has around INR 20 crores worth of orders to fulfill annually.

- It is also a 5 star rated supplier for companies like Wipro Infra.

- Company has implemented ISO: 9001:2008 QMS to ensure highest production standards.

- 3 years ago, the company was under financial stress due to a bank loan taken for expansion. The expansion was halted due to other circumstances but the funds of the firm were put on hold until repayment.

- Due to lack of working capital, the firm was not able to fulfill its orders and revenue fell.

- Company has since come out of this situation through payment of a One Time Settlement (OTS) with the bank.

- Prior to the financial stress the company fulfilled orders worth INR 20 crore annually and revenue has reverted back to this level after coming out of the stress situation.

- Firm has its own factory and machinery to execute the orders.

- Promoter has more than 24 years of experience in the field of CNC manufacture.

Manufacturer of CNC machined parts for aerospace, defense, automobile and infra companies.

3,500 Sq Ft industrial land, manufacturing shed and machinery used in production.

3,500 Sq Ft plant which is owned by the firm.