About Promac Engineering Industries
Promac Engineering Industries is a company based in Bengaluru (India) founded in 1972. Provider of turnkey engineering, procurement, and construction solutions for heavy engineering process plants. Promac Engineering Industries has raised $8 million across 1 funding round from investors including Tano Capital. The company has 228 employees. Promac Engineering Industries was last valued at $37.6 million in April 2007. Its chief executive, as recorded, is Natesan Balan. Its Indian entity Promac Engineering Industries Limited reported revenue of ₹253 Cr. Promac Engineering Industries offers products and services including EPC Cement Solutions and Bulk Material Handling Systems.
Company details
Founded in 1972 and based in Bengaluru, India, turnkey engineering, procurement, and construction services are offered by Promac Engineering Industries for heavy process plants and bulk material handling systems. Design, engineering, and manufacturing are included in operations serving the cement, power, steel, and mineral processing sectors. Solutions cover cement plants, mining operations, mineral beneficiation, defense, aerospace, flue gas desulfurization, and port infrastructure, with customized contract manufacturing also provided.
- Headquarters Bengaluru, India
- Employees 228
- Stage Minicorn
- Email••••••••
- Phone•••• ••••
- Website promacindia.com
- Social LinkedIn YouTube
- Legal Name Promac Engineering Industries Limited
- Date of Incorporation 18 Oct, 1972
- Jurisdiction Kanakapura, Karnataka, India
- Annual Revenue₹253 Cr
FY 2025 · +52% YoY
- Net Profit₹8.61 Cr
FY 2025 · 3% margin
- EBITDA₹24.30 Cr
FY 2025 · 10% margin
- Total Equity Funding$8M (USD)
in 1 rounds
- Latest Funding Round$8M (USD), Series A
Apr 2007
- Investors
- Employee Count228
Associated legal entities of Promac Engineering Industries
Promac Engineering Industries operates through Promac Engineering Industries Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Promac Engineering Industries Limited CIN U24210KA1972PLC002255 | Active | 18 Oct 1972 | Kanakapura, Karnataka | ₹253 Cr | 228 | 8 | View details |
Products & Services of Promac Engineering Industries
Promac Engineering Industries offers a comprehensive portfolio of products and services, including EPC Cement Solutions and Bulk Material Handling Systems.
Turnkey solutions are provided for cement plants up to 2 million tons per annum, covering grey, white, and dual-process plants
Systems are supplied for power and mining industries, including full coal handling plants for mega projects
Apps and channels of Promac Engineering Industries
its YouTube channel PROMACENGGINDLTD has 43 subscribers.
Funding Insights of Promac Engineering Industries
Promac Engineering Industries has successfully raised a total of $8M through 1 strategic funding round. The most recent funding activity was a Series A round of $8 million completed in April 2007. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $8M
- Total Rounds 1
- Last Round Series A — $8M
- First Round $8M
(Apr 2007)
- Investors Count 1
All 1 funding rounds of Promac Engineering Industries with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2007 | $8M | Series A | $37.6M | Tano Capital | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2007 | $37.6M | •••••••• |
Last known valuation $37.6M (Apr 2007). 1 investors in total: 1 institutional.
Investors in Promac Engineering Industries
Promac Engineering Industries has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Tano Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of asset management services | tanocapital.com | San Francisco, United States |
Investor details for Promac Engineering Industries
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Promac Engineering Industries Limited (Promac Engineering Industries)
Promac Engineering Industries Limited is the primary company behind Promac Engineering Industries. The board of Promac Engineering Industries Limited currently have 7 directors; the longest-serving is Shashank Govindraj, appointed in 1996. 16 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shashank Govindraj DIN 00109198 | Whole-time director | 18 Mar 1996 | 30 yrs 7 mo | Promac Engineering Industries Limited |
| Surendra Jayaram Reddy DIN 00109429 | Managing Director | 01 Apr 2010 | 16 yrs 7 mo | Promac Engineering Industries Limited |
| Vinatha Madhusudan Reddy DIN 01181691 | Director | 27 Aug 2015 | 11 yrs 2 mo | Promac Engineering Industries Limited |
| Narayana Venkataram Babu DIN 00334757 | Director | 16 Nov 2020 | 5 yrs 11 mo | Promac Engineering Industries Limited |
| Uppili Srinivasan Jeyaraman DIN 09493914 | Whole-time director | 27 Jan 2023 | 3 yrs 9 mo | Promac Engineering Industries Limited |
| Reddy Kunal DIN 09493979 | Whole-time director | 27 Jan 2023 | 3 yrs 9 mo | Promac Engineering Industries Limited |
| Jagdish Baliram Chaudhari DIN 11527415 | Director | 06 Feb 2026 | 9 mo | Promac Engineering Industries Limited |
People of Promac Engineering Industries
14 people are tracked at Promac Engineering Industries (3 in leadership, 2 in board & advisors, 9 in team); the tracked headcount is 228.
| Name | Role | Group |
|---|---|---|
Natesan Balan | CEO | Leadership |
| Director, Operations | Leadership | |
| Director, Finance | Leadership | |
N. V. Babu | Independent Director | Board & advisors |
| Independent Director | Board & advisors | |
J. Surendra Reddy | Chairman & MD | Team |
Roydon Mathias | Assistant Manager | Team |
Saroj Dhupal | Accountant | Team |
Shankar Hangaragi | Assistant Manager | Team |
Dayananda Shet | Purchase Manager | Team |
Gayatri Prasad P | Staffing Sr Executive | Team |
Angappan Nachiappan | AGM Stores | Team |
Santhosh Kumar | Human Resources Manager | Team |
Satya Lingeswara Rao M | Senior Manager | Team |
Complete people profiles for Promac Engineering Industries
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Promac Engineering Industries
Figures of Promac Engineering Industries Limited, the primary company behind Promac Engineering Industries, for FY 2025. Revenue was ₹253 Cr (+52% year on year). Net profit was ₹8.61 Cr (3% margin). EBITDA was ₹24.30 Cr (10% margin). Revenue has grown at a compounded annual rate of +26% over three years and +10% over five years.
- ₹253 CrRevenue · FY 2025 · +52% YoY
- ₹8.61 CrNet profit · 3% margin
- ₹24.30 CrEBITDA · 10% margin
- ₹9.65 CrPaid-up capital
- 228Employees (provident fund records)
- +26%Revenue CAGR, 3 years
- +10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Promac Engineering Industries Limited are on its company page.
Detailed financial statements for Promac Engineering Industries
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Promac Engineering Industries
3 dated milestones of Promac Engineering Industries across 35 years, from founding to its latest funding, stage changes and deals.
- Founded Promac Engineering Industries is founded.
- Funding First funding round of $8.0M.
- Milestone Reaches Minicorn status.
Web traffic of Promac Engineering Industries
The website of Promac Engineering Industries (promacindia.com) receives about 1.4K visits a month.
- Monthly visits1.4K
▲ 22.7% vs previous month
Websites whose visitors overlap most with Promac Engineering Industries. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| engineeringexcellence.com | 100% | #12,700,345 | View details | ||
| indiaeng.com | 100% | View details |
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Related news about Promac Engineering Industries
Complete news archive for Promac Engineering Industries
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Frequently Asked Questions about Promac Engineering Industries
Promac Engineering Industries was founded in 1972 and raised its 1st funding round 35 years after it was founded.
Promac Engineering Industries is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Natesan Balan is the CEO of Promac Engineering Industries, as recorded in our data.
Promac Engineering Industries is a funded company, having raised a total of $8M across 1 funding round to date. The company's 1st funding round was a Series A of $8M, raised on Apr 2007.
Promac Engineering Industries has 228 employees.
The primary company behind Promac Engineering Industries, Promac Engineering Industries Limited, reported revenue of ₹253 Cr for FY 2025, up 52% year on year.
Founded in 1972 and based in Bengaluru, India, turnkey engineering, procurement, and construction services are offered by Promac Engineering Industries for heavy process plants and bulk material handling systems. Design, engineering, and manufacturing are included in operations serving the cement, power, steel, and mineral processing sectors. Solutions cover cement plants, mining operations, mineral beneficiation, defense, aerospace, flue gas desulfurization, and port infrastructure, with customized contract manufacturing also provided.
Promac Engineering Industries offers EPC Cement Solutions and Bulk Material Handling Systems.
Promac Engineering Industries has 1 investor. Key investors include Tano Capital.
The valuation of Promac Engineering Industries is $37.6M as of Apr 2007.
Promac Engineering Industries operates through Promac Engineering Industries Limited.
The legal entities of Promac Engineering Industries currently have 7 directors, including Uppili Srinivasan Jeyaraman, Reddy Kunal, Surendra Jayaram Reddy and others.