Promac Financial Services Pvt Ltd
About Promac Financial Services Pvt Ltd
Data last updated:
Promac Financial Services Pvt Ltd was a private limited company based in Moga, Punjab, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the real estate leasing and property management segment of the real estate and construction sector. It was incorporated on 13 July 1994.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U67120PB1994PTC014815.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.4 Lakh. It was led by directors including Manik Singal and Namita Singal.
Its last annual general meeting (AGM) was held on 24 July 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at # 839 Partap Road Moga, Punjab, India.
Company details
Contact details
Promac Financial Services Pvt Ltd's registered office is in Moga, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address# 839 Partap Road Moga, Punjab, India
- IndustryReal Estate and Construction, Real Estate Leasing
To see the full contact details of Promac Financial Services Pvt Ltd, 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 Promac Financial Services is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Promac Financial Services Pvt Ltd, buy the company report.
Financials of Promac Financial Services Pvt Ltd
FY 2023 filings availablePromac Financial Services Pvt Ltd reported revenue of ₹6,780 (down 90% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 90% fall 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
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Financial Ratios
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To see the full financial statements and ratios of Promac Financial Services Pvt Ltd, buy the company report.
Board of directors of Promac Financial Services Pvt Ltd
Promac Financial Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manik Singal | Director | 25 Aug 2009 | 17 Years 2 Months | As last reported |
| Namita Singal Also directs: Promac Financial Services LLP | Director | 04 Jan 1997 | 29 Years 10 Months | As last reported |
| Vinod Kumar Singal Also directs: Promac Financial Services LLP | Director | 13 Jul 1994 | 32 Years 4 Months | As last reported |
Peer comparison
Promac Financial Services Pvt Ltd is compared with the 9 companies closest to it by revenue in the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Promac Financial Services Pvt Ltdthis company | ₹6,780 (FY 2023) | -90.0% | Moga, Punjab, India | |||
| Hopeful Projects Private Limited | ₹6,780 (FY 2025) | Kolkata, West Bengal, India | ||||
| Mastery Housing Private Limited | ₹6,780 (FY 2025) | Kolkata, West Bengal, India | ||||
| Rangarang Residency Private Limited | ₹6,780 (FY 2025) | Kolkata, West Bengal, India | ||||
| Teenlok Tradelink Private Limited | ₹6,780 (FY 2025) | Kolkata, West Bengal, India | ||||
| Linkrose Dealer Private Limited | ₹6,780 (FY 2025) | Kolkata, West Bengal, India | ||||
| Wellpan Dealtrade Private Limited | ₹6,775 (FY 2025) | Kolkata, West Bengal, India | ||||
| Chrome Tracom Private Limited | ₹6,775 (FY 2025) | Kolkata, West Bengal, India | ||||
| Wonderland Malls Private Limited | ₹6,775 (FY 2018) | -57.0% | New Delhi, Delhi, India | |||
| Artline Realestate Private Limited | ₹6,770 (FY 2024) | Kolkata, West Bengal, India |
To see the full peer comparison of Promac Financial Services Pvt Ltd, buy the company report.
Auditor
Promac Financial Services Pvt Ltd is audited by SHAH MUKUL KUMAR & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH MUKUL KUMAR & ASSOCIATES | FY 2017 | 006070C |
Shareholding
The shareholding of Promac Financial Services Pvt Ltd 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 Promac Financial Services Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Promac Financial Services Pvt Ltd 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 Promac Financial Services Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Promac Financial Services Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Promac Financial Services Pvt Ltd has 4 board changes on record since 1994: 3 appointments and 1 cessation. The latest: Mahak Singal ceased to be Director on 31 Aug 2009.
Frequently asked questions
Promac Financial Services has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Promac Financial Services was a private limited company based in Moga, Punjab, India. The company worked in real estate leasing, within the real estate and construction industry. It was incorporated on 13 July 1994 and is registered under CIN U67120PB1994PTC014815. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Promac Financial Services is U67120PB1994PTC014815. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Promac Financial Services had 3 directors:
- Manik Singal - Director
- Namita Singal - Director
- Vinod Kumar Singal - Director
Promac Financial Services was incorporated on 13 July 1994. It is registered with the Registrar of Companies, Chandigarh.
The registered office of Promac Financial Services is at # 839 Partap Road Moga, Punjab, India.
The latest financial statements of Promac Financial Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 24 July 2023. Year-wise statements from 2015 are in the company report.
Promac Financial Services operated in the real estate and construction industry, in the real estate leasing segment.
The peers of Promac Financial Services by revenue are Hopeful Projects Private Limited, Mastery Housing Private Limited, Rangarang Residency Private Limited, Teenlok Tradelink Private Limited, Linkrose Dealer Private Limited and 4 more, all in the same principal business activity (real estate activities with own or leased property).
Mahak Singal ceased to be Director on 31 Aug 2009. Manik Singal was appointed as Director on 25 Aug 2009. Namita Singal was appointed as Director on 04 Jan 1997. Promac Financial Services has 4 board changes on record in total.
The compliance status of Promac Financial Services is compliant as of 02 August 2026.
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