Company Intelligence Profile
Precision Equipments
Precision Equipments makes shell and tube heat exchangers, pressure vessels and process equipment for oil and gas, petrochemical and energy clients.
Last updated 3 November 2026
Precision Equipments (Chennai) Private Limited makes shell and tube heat exchangers, pressure vessels and process equipment for oil and gas, petrochemical and energy customers. It is an active unlisted private company incorporated on 11 June 1998 in Chennai, Tamil Nadu. Its secured charges include ₹131.7 Cr with HDFC Bank and ₹50.0 Cr with RBL Bank.
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Company Identity
| Registered name | PRECISION EQUIPMENTS |
|---|---|
| CIN | U29309TN1998PTC040651 |
| Status | Active |
| Listing | Unlisted |
| Incorporated | 11 June 1998 |
| ROC | |
| Sector (NIC) | Manufacturing |
| Registered address | No. 26, Mount Poonamallee Road, Nandambakkam, Chennai-89, Tamil Nadu 600089 |
| Authorized capital | Rs 5.0 crore |
| Paid-up capital | Rs 5.0 crore |
Business Overview
- Precision Equipments (Chennai) Private Limited makes shell and tube heat exchangers, pressure vessels, columns, reactors and process skids.
- It also offers plate, air fin cooler and hairpin exchangers, along with engineering design and logistics.
- Customers include oil and gas, petrochemical, fertilizer, chemical, LNG and renewable energy companies.
- The company was incorporated on 11 June 1998 and is based in Chennai, Tamil Nadu.
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Panappalayam Kandasamy Easwaramurthy | 00398438 | Managing Director | - |
| Prabhu Balasubramanian | 00410760 | Director | - |
| Arunmugilan Easwaramurthy | 09427904 | Director | - |
Charges & Borrowings
| HDFC Bank Ltd | 2 secured charges totalling ₹131.7 Cr (₹131.5 Cr dated 15 Apr 2026; ₹0.2 Cr dated 31 May 2025) |
|---|---|
| SIDBI | 1 secured charge of ₹2.0 Cr dated 4 Sep 2023 |
| RBL Bank Ltd | 1 secured charge of ₹50.0 Cr dated 21 Jun 2023 |
Competitors
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