Primove Engineering Private Limited - Company Profile

It is a engineering private limited company based in Pune City, Maharashtra, India, established in 2008.
2008 Pune City, Maharashtra, India Active
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About Primove Engineering Private Limited

Primove Engineering Private Limited, a active private limited company, was established on 01 July 2008 in Pune City, Maharashtra, India. Engaging in procurement & construction (epc) within the professional, scientific and technical sector, it holds CIN: U74200PN2008PTC132348. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹5.21 Cr and a paid-up capital of ₹4.06 Cr.

It upholds a compliant status. Employing 51 professional, Its leadership includes Atul Sitaram Akolkar (Director), Vasant Pandurang Joshi (Alternate Director), Santosh Raghunath Gondhalekar (Whole-Time Director). Past directors included Atul Sitaram Akolkar, Ajeet Prabhakar Oak, Ajit Madhav Phadnis. It holds ₹1.37 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 2Nd Floor Office No. A201 Lohia Jain It Park Plot No. 1, S. No. 150A 1 1 S. No. 150A 1 2 Paud Road Kothrud, Pune City, Maharashtra, 411038.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U74200PN2008PTC132348

  • Registration Number

    132348

  • Incorporation Date

    01 July 2008

  • Authorized Capital

    ₹5.21 Cr

  • Paid-Up Capital

    ₹4.06 Cr

  • ROC Code

    Roc Pune

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.21 Cr
  • Paid Up Capital ₹ 4.06 Cr
  • Company Age 17 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1.37 Cr
  • Revenue Growth **** 283.55%
  • Profit Growth **** -2656.65%
  • Ebitda **** -1089.71%
  • Net Worth -44.53%
  • Total Assets **** 88.83%
Company report

Primove Engineering Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Primove Engineering Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Primove Engineering Private Limited?
Current Directors
Name Designation Appointment Date Status
Atul Sitaram Akolkar Director 21 Jul 2023 Current
Vasant Pandurang Joshi Alternate Director 27 Aug 2025 Current
Santosh Raghunath Gondhalekar Whole-Time Director 27 Jan 2022 Current
Rajesh Ravindra Date Person Incharge 20 Sep 2010 Current
Pravin Moreshwar Vaidya Director 13 Jun 2010 Current
Swati Pravin Vaidya Director 13 Jun 2010 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Sep 2023 Past
Pramod Abcsdd Director 26 Aug 2013 Past
Pramod Abcsdd Director 13 Jun 2010 Past
Pramod Abcsdd Director 26 Aug 2013 Past
Pramod Abcsdd Alternate Director 06 Feb 2018 Past
Pramod Abcsdd Additional Director 30 Sep 2016 Past

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Financial Performance of Primove Engineering.

Primove Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 283.55% increase. The company also saw a substantial fall in profitability, with a 2656.65% decrease in profit. The company's net worth observed a substantial decline by a decrease of 44.53%.

Primove Engineering revenue growth over time
Primove Engineering profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 283.55%
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Revenue from Operations
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 285.58%
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Total Assets
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 88.83%
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*******
Profit or Loss
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 -2656.65%
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Net Worth
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 -44.53%
*******
*******
*******
*******
EBITDA
*******
 -1089.71%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Primove Engineering?

In 2021, Primove Engineering had a promoter holding of 90.75% and a public holding of 9.26%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹13,663,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Bank Of India : 1.37 Cr
Latest Charge Details
Date Lender Amount Status
08 Feb 2016 Bank Of India ₹3.00 M Open
12 Mar 2010 Bank Of India ₹1.07 Cr Open

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How Many Employees Work at Primove Engineering?

Primove Engineering has a workforce of 51 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Primove Engineering, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Primove Engineering's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Primove Engineering
Recent Activity within the Organization
  • Annual General Meeting

    Primove Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Progress on Vasant Pandurang Joshi was appointed as a Alternate Director was appointed as a Alternate Director on 27 Aug 2025 & has been associated with this company since 5 months 16 days . was documented.

  • Balance Sheet

    Progress on Primove Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune. was documented.

  • Director Appointment

    The activity Atul Sitaram Akolkar was appointed as a Director was appointed as a Director on 21 Jul 2023 & has been associated with this company since 2 years 6 months . was completed.

  • Director Appointment

    The activity Santosh Raghunath Gondhalekar was appointed as a Whole-time director was appointed as a Whole-time director on 27 Jan 2022 & has been associated with this company since 4 years 14 days . was completed.

  • Charges

    Progress on A charge with Bank Of India amounted to Rs. 0.30 Cr with Charge ID 100026259 was registered on 08 Feb 2016. was documented.

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Frequently Asked Questions
What is the CIN of Primove Engineering Private Limited?

The CIN of Primove Engineering Private Limited is U74200PN2008PTC132348.

Where is Primove Engineering Private Limited headquartered?

Primove Engineering Private Limited is headquartered at 2Nd Floor Office No. A201 Lohia Jain It Park Plot No. 1, S. No. 150A 1 1 S. No. 150A 1 2 Paud Road Kothrud, Pune City, Maharashtra, 411038.

When was Primove Engineering Private Limited incorporated?

Primove Engineering Private Limited was incorporated on 01 July 2008.

Who are the current directors of Primove Engineering Private Limited?

The current directors of Primove Engineering Private Limited are

What is the primary industry of Primove Engineering Private Limited?

The primary industry of Primove Engineering Private Limited is Professional, Scientific And Technical.

Is Primove Engineering Private Limited a listed company?

Primove Engineering Private Limited is unlisted.

What is the capital structure of Primove Engineering Private Limited?

The authorized capital of Primove Engineering Private Limited is ₹5.21 Cr, and the paid-up capital is ₹4.06 Cr.

What is the compliance status of Primove Engineering Private Limited?

The compliance status of Primove Engineering Private Limited is Compliant.

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