Promco India Pvt.Ltd.
About Promco India Pvt.Ltd.
Data last updated:
Promco India Pvt.Ltd. is a private limited company based in New Delhi, Delhi, India. It operates in the ride-hailing services segment of the transport and logistics sector. It was incorporated on 22 January 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1991PTC042831. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors Ravi Kumar Jha and Sanjay Kumar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 815 – 816 International Trade Tower Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2021, the company reported a revenue of ₹7.79 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹7.98 Lakh (net margin -102.4%) and EBITDA of ₹79,866 (EBITDA margin 10.2%). Revenue has declined at a compounded annual rate (CAGR) of 64% over three years and 44% over five years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Promco India Pvt.Ltd.'s registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address815 – 816 International Trade Tower Nehru Place, New Delhi, Delhi, India – 110019
- IndustryTransport and Logistics, Ride-Hailing Services
To see the full contact details of Promco India 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
Financials of Promco India Pvt.Ltd.
FY 2021 filings availablePromco India Pvt.Ltd. reported revenue of ₹7.79 Lakh (down 92% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 44% over five years, including a 92% fall in the latest year. EBITDA fell 98% 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹79,866 | ||||
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| Net Profit (PAT) | -₹7.98 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 10.2% | ||||
| Net Profit Margin | -102.4% | ||||
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To see the full financial statements and ratios of Promco India Pvt.Ltd., buy the company report.
Board of directors of Promco India Pvt.Ltd.
Promco India has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Kumar Jha Also directs: Duet India Infrastructure Private Limited | Director | 21 Feb 2021 | 5 Years 8 Months | Current |
| Sanjay Kumar Also directs: Duet India Infrastructure Private Limited | Director | 21 Feb 2021 | 5 Years 8 Months | Current |
Auditor
Promco India Pvt.Ltd. is audited by A L P S & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A L P S & ASSOCIATES | FY 2019 | 011298N |
Shareholding
The shareholding of Promco India Pvt.Ltd. is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Promco India Pvt.Ltd., buy the company report.
Legal cases
Promco India Pvt.Ltd. has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Civil suit | Filed against the company by State | Disposed |
To see the full case history of Promco India Pvt.Ltd., buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Promco India Pvt.Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Promco India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Promco India Pvt.Ltd., buy the company report.
Recent activity
Promco India Pvt.Ltd. has 13 board changes on record since 2010: 2 appointments and 11 cessations. The latest: Ravi Kumar Jha ceased to be Additional Director on 30 Nov 2021.
4 earlier events are in the company report.
Frequently asked questions
Promco India is an active private limited company based in New Delhi, Delhi, India. The company works in ride-hailing services, within the transport and logistics industry. It was incorporated on 22 January 1991 (35+ years old) and is registered under CIN U74899DL1991PTC042831.
Promco India has 2 current directors:
- Ravi Kumar Jha - Director
- Sanjay Kumar - Director
The latest financial statements of Promco India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Promco India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Promco India is U74899DL1991PTC042831. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Promco India has 1 court case on record: 1 filed against it.
Promco India was incorporated on 22 January 1991, making it 35+ years old. It is registered with the Registrar of Companies, Delhi.
Ravi Kumar Jha ceased to be Additional Director on 30 Nov 2021. Sanjay Kumar ceased to be Additional Director on 30 Nov 2021. Anil Joseph ceased to be Director on 21 Feb 2021. Promco India has 13 board changes on record in total.
The registered office of Promco India is at 815 – 816 International Trade Tower Nehru Place, New Delhi, Delhi, India – 110019.
Promco India operates in the transport and logistics industry, in the ride-hailing services segment.
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