India Procon Private Limited
About India Procon Private Limited
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India Procon Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 18 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2011PTC212827. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Dashdig Construction and Equipments Private Limited. It is led by directors Julie Jha and Mahesh Kumar Jha.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Bc – 262 Iind Floor Mangolpuri Industrial Area Phase – II, New Delhi, Delhi, India – 110034.
As per the financials filed for FY 2019, the company reported a revenue of ₹33.61 Lakh, a growth of 35% compared to the previous year. For the same year it recorded a net loss of ₹21.19 Lakh (net margin -63%) and EBITDA of ₹6.69 Lakh (EBITDA margin 19.9%). Revenue has declined at a compounded annual rate (CAGR) of 58% over three years and 39% over five years.
As per MCA filings, the company has open charges of ₹3.55 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
India Procon Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBc – 262 Iind Floor Mangolpuri Industrial Area Phase – II, New Delhi, Delhi, India – 110034
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of India Procon 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 India Procon is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of India Procon Private Limited, buy the company report.
Financials of India Procon Private Limited
FY 2019 filings availableIndia Procon Private Limited reported revenue of ₹33.61 Lakh (up 35% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 35% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 39%. EBITDA rose 115% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹6.69 Lakh | ||||
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| Net Profit (PAT) | -₹21.19 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | 19.9% | ||||
| Net Profit Margin | -63% | ||||
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To see the full financial statements and ratios of India Procon Private Limited, buy the company report.
Board of directors of India Procon Private Limited
India Procon has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Julie Jha | Director | 18 Jan 2011 | 15 Years 9 Months | Current |
| Mahesh Kumar Jha | Director | 18 Jan 2011 | 15 Years 9 Months | Current |
Auditor
India Procon Private Limited is audited by S A R B & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S A R B & ASSOCIATES | FY 2016 | 017437C |
Shareholding
The shareholding of India Procon Private Limited 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 India Procon Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2017 | 100178016 | Others | ₹1.12 Cr | Open | |
| 08 Sep 2012 | 10380684 | Srei Equipment Finance Private Limited | ₹26.01 Lakh | Open | |
| 01 Jul 2012 | 10371236 | Srei Equipment Finance Private Limited | ₹49.91 Lakh | Open | |
| 15 Dec 2011 | 10323224 | Srei Equipment Finance Private Limited | ₹12.15 Lakh | Open | |
| 01 Dec 2011 | 10327340 | Srei Equipment Finance Private Limited | ₹75.15 Lakh | Open |
Total charge records: 7 View all charges
Legal cases
India Procon Private Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by M/S Srei Equipment Finance Limited | Pending |
| High Court | Arbitration matter | Filed against the company by Srei Equipment Finance Ltd Archana Chowdhary | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by M/S Srei Equipment Finance Limited | Disposed |
To see the full case history of India Procon 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 India Procon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
India Procon 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 India Procon Private Limited, buy the company report.
Recent activity
India Procon Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Julie Jha was appointed as Director on 18 Jan 2011.
Frequently asked questions
India Procon is an active private limited company based in New Delhi, Delhi, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 18 January 2011 (15+ years old) and is registered under CIN U74999DL2011PTC212827.
India Procon has 2 current directors:
- Julie Jha - Director
- Mahesh Kumar Jha - Director
The latest financial statements of India Procon on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. India Procon has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of India Procon is U74999DL2011PTC212827. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
India Procon has 4 court cases on record: 4 filed against it. 1 is pending. Most are in the district courts.
India Procon was incorporated on 18 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
Julie Jha was appointed as Director on 18 Jan 2011. Mahesh Kumar Jha was appointed as Director on 18 Jan 2011.
The registered office of India Procon is at Bc – 262 Iind Floor Mangolpuri Industrial Area Phase – II, New Delhi, Delhi, India – 110034.
India Procon operates in the machinery and equipment industry, in the industrial machinery retail and distribution segment.