About Proaim Enterprises Limited
Data last updated:
Proaim Enterprises Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 21 December 1984.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN L51900MH1984PLC034867. The company has 1 GST registration on record, which is no longer active. It is a listed company.
The company had an authorised share capital of ₹13 Cr and a paid-up capital of ₹12.65 Cr. It was led by directors including Mayuri Paresh Parmar (Whole-Time Director) and Zubin Jasi Pardiwala.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.59 Cr, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹1.3 Cr (net margin -50.1%) and EBITDA of -₹39.12 Lakh (EBITDA margin -15.1%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years.
The last known website on record is shreenathcommercial.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address305 3rd Floor Krishna Vishal Nagar Housing Society Marve Road Mith Chowki Malad, West, Mumbai, Maharashtra, India – 400064
- IndustryFinancial Services, Financial Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Proaim Enterprises Limited
The main business activity of Proaim Enterprises is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Proaim Enterprises Limited
Proaim Enterprises Limited is audited by R Soni & Company for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R Soni & Company | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Proaim Enterprises Limited
Proaim Enterprises Limited currently reports 5 directors and 1 key managerial person. 18 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Zubin Jasi Pardiwala Also directs: Skin Soul & You Private Limited, Study Circle Hub Private Limited, True Care Education Private Limited and 1 more | Director | 13 Feb 2013 | 13 Years 7 Months | As last reported |
| Girraj Kishor Agrawal Also directs: Tilak Ventures Limited, Banas Finance Ltd, Stoneking Infrastructure Aggregates Private Limited and 3 more | Director | 10 Nov 2016 | 9 Years 10 Months | As last reported |
| Kirti Anilkumar Patel | Cfo | 30 Jan 2018 | 8 Years 8 Months | As last reported |
| Hardikkumar Bharatbhai Kabariya | Director | 28 May 2016 | 10 Years 4 Months | As last reported |
| Mayuri Paresh Parmar | Whole-Time Director | 13 Jan 2017 | 9 Years 8 Months | As last reported |
| Hitendrakumar Kanjibhai Parmar | Director | 31 Jul 2019 | 7 Years 2 Months | As last reported |
Financials of Proaim Enterprises Limited FY 2019 filings available
Proaim Enterprises Limited reported revenue of ₹2.59 Cr (down 68% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Proaim Enterprises Limited
Revenue has declined at a compounded annual rate (CAGR) of 22% over three years, including a 68% fall in the latest year. EBITDA fell 237% 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 of Proaim Enterprises Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹39.12 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.3 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Proaim Enterprises Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -50.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Proaim Enterprises are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Proaim Enterprises Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Group Structure of Proaim Enterprises Limited
Proaim Enterprises has 2 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
Charges & Borrowings of Proaim Enterprises Limited
Proaim Enterprises Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Proaim Enterprises Limited
Employment history and EPFO contributions of people linked to Proaim Enterprises.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Proaim Enterprises Limited
Proaim Enterprises has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Proaim Enterprises Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Proaim Enterprises Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Proaim Enterprises Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Proaim Enterprises Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Proaim Enterprises Limited
Frequently Asked Questions about Proaim Enterprises Limited
Proaim Enterprises has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Proaim Enterprises was a public limited company based in Mumbai, Maharashtra, India. The company worked in financial activities, within the financial services industry. It was incorporated on 21 December 1984 and is registered under CIN L51900MH1984PLC034867. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Proaim Enterprises was incorporated on 21 December 1984. It is registered with the Registrar of Companies, Mumbai.
Proaim Enterprises had 6 directors and KMP:
- Mayuri Paresh Parmar - Whole-Time Director
- Zubin Jasi Pardiwala - Director
- Girraj Kishor Agrawal - Director
- Hardikkumar Bharatbhai Kabariya - Director
- Hitendrakumar Kanjibhai Parmar - Director
- Kirti Anilkumar Patel - Cfo
The CIN (Corporate Identification Number) of Proaim Enterprises is L51900MH1984PLC034867. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Proaim Enterprises is a listed company.
The registered office of Proaim Enterprises is at 305 3rd Floor Krishna Vishal Nagar Housing Society Marve Road Mith Chowki Malad, West, Mumbai, Maharashtra, India – 400064.
Proaim Enterprises can be reached through the website shreenathcommercial.com. Its registered office is in Mumbai, Maharashtra, India.
Proaim Enterprises reported revenue of ₹2.59 Cr for FY 2019 (down 68% YoY).