Promising Enterprises Private Limited
About Promising Enterprises Private Limited
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Promising Enterprises Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 18 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U45200OR2009PTC011053. Its GSTIN is 21AAFCP1587K1ZB (Odisha).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Deepika Atanu Kumar Nayak and Dinesh Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No – 94 Flat No – 402 Mohan Plaza Satya Nagar, Bhubaneswar, Odisha, India – 751007.
As per the financials filed for FY 2024, the company reported a revenue of ₹69.06 Lakh, a growth of 77% compared to the previous year. For the same year it recorded a net profit of ₹11.14 Lakh (net margin 16.1%) and EBITDA of ₹12.81 Lakh (EBITDA margin 18.6%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 150% over five years.
Court records list 3 cases involving the company, including 3 filed by the company; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Promising Enterprises Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No – 94 Flat No – 402 Mohan Plaza Satya Nagar, Bhubaneswar, Odisha, India – 751007
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Promising Enterprises Private Limited, 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 Promising Enterprises is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Promising Enterprises Private Limited, buy the company report.
Financials of Promising Enterprises Private Limited
FY 2025 filings availablePromising Enterprises Private Limited reported revenue of ₹69.06 Lakh (up 77% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 150% over five years, including 77% growth 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹12.81 Lakh | ||||
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| Net Profit (PAT) | ₹11.14 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 18.6% | ||||
| Net Profit Margin | 16.1% | ||||
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To see the full financial statements and ratios of Promising Enterprises Private Limited, buy the company report.
Board of directors of Promising Enterprises Private Limited
Promising Enterprises has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepika Atanu Kumar Nayak | Director | 12 Jul 2016 | 10 Years 3 Months | Current |
| Dinesh Patel Also directs: Srestha Combines Private Limited | Director | 18 Aug 2009 | 17 Years 2 Months | Current |
| Shibani Patel Also directs: Srestha Combines Private Limited | Director | 01 Sep 2015 | 11 Years 1 Months | Current |
| Atanu Kumar Nayak | Director | 12 Jul 2016 | 10 Years 3 Months | Current |
Auditor
Promising Enterprises Private Limited is audited by R D A & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R D A & ASSOCIATES | FY 2019 | 322810E |
Shareholding
The shareholding of Promising Enterprises Private Limited 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 Promising Enterprises Private Limited, buy the company report.
Legal cases
Promising Enterprises Private Limited has 3 court cases on record: 3 filed by Promising Enterprises. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 2 |
| High courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Odisha | Court case (I . c. c) | Filed by the company against Union Bank of India and Others | Pending |
| District court, Khurda, Odisha | Court case (C M A) | Filed by the company against Shree TNB Polymer Ltd and Others | Pending |
| High Court, ORISSA | Court case (CMAPL) | Filed by the company against Branch Manager,Corporation Bank and 2 others | Pending |
To see the full case history of Promising Enterprises Private Limited, 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 Promising Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Promising Enterprises has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAFCP1587K1ZB | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Promising Enterprises Private Limited, buy the company report.
Recent activity
Promising Enterprises Private Limited has 6 board changes on record since 2009: 4 appointments and 2 cessations. The latest: Atanu Kumar Nayak was appointed as Director on 12 Jul 2016.
Frequently asked questions
Promising Enterprises is an active private limited company based in Bhubaneswar, Odisha, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 18 August 2009 (17+ years old) and is registered under CIN U45200OR2009PTC011053.
Promising Enterprises has 4 current directors:
- Deepika Atanu Kumar Nayak - Director
- Dinesh Patel - Director
- Shibani Patel - Director
- Atanu Kumar Nayak - Director
The latest financial statements of Promising Enterprises on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Promising Enterprises is 21AAFCP1587K1ZB, registered in Odisha.
The CIN (Corporate Identification Number) of Promising Enterprises is U45200OR2009PTC011053. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Promising Enterprises has 3 court cases on record: 3 filed by the company. 3 are pending. Most are in the district courts.
Promising Enterprises was incorporated on 18 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Cuttack.
Atanu Kumar Nayak was appointed as Director on 12 Jul 2016. Deepika Atanu Kumar Nayak was appointed as Director on 12 Jul 2016. Atanu Kumar Nayak ceased to be Director on 04 Sep 2015. Promising Enterprises has 6 board changes on record in total.
The registered office of Promising Enterprises is at Plot No – 94 Flat No – 402 Mohan Plaza Satya Nagar, Bhubaneswar, Odisha, India – 751007.
Promising Enterprises operates in the machinery and equipment industry, in the industrial machinery retail and distribution segment.