Procandour Automotive Systems Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 0.10 M
- Company Age 8 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 15.01 Cr
- Satisfied Charges ₹ 9.66 M
- Revenue Growth 13.23%
- Profit Growth 4.74%
- Ebitda -33.94%
- Net Worth 18.88%
- Total Assets 13.21%
About Procandour Automotive Systems
Procandour Automotive Systems Private Limited (PASPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 May 2017 (Eight years and one month 13 days old ). Its registered office is in Kanchipuram, Tamil Nadu, India.
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹15.01 Cr. The company has closed loans amounting to ₹9.66 M, as per Ministry of Corporate Affairs (MCA) records.
Kasinathan Ilaiyaraja and Krishnaveni serve as directors at the Company.
Company Details
- Location
Kanchipuram, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999TN2017PTC116394
- Company No.
116394
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 May 2017
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Automotive
Procandour Automotive Systems Private Limited
Explore comprehensive data for Procandour Automotive Systems Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Procandour Automotive Systems?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kasinathan Ilaiyaraja  | Director | 02-May-2017 | Current |
| Krishnaveni | Director | 02-May-2017 | Current |
Financial Performance of Procandour Automotive Systems.
Procandour Automotive Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.23% increase. The company also saw a slight improvement in profitability, with a 4.74% increase in profit. The company's net worth Soared by an impressive increase of 18.88%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Procandour Automotive Systems?
In 2023, Procandour Automotive Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Procandour Engineering Technologies Private LimitedKasinathan Ilaiyaraja and Krishnaveni are mutual person
- Anjalai Foods And Catering Private Limited
Kasinathan Ilaiyaraja and Krishnaveni are mutual person
Charges (Loans)
Open Charges
₹15.01 Cr
Satisfied Charges
₹0.97 Cr
Charges Breakdown by Lending Institutions
- Others : 10.82 Cr
- Sidbi : 3.43 Cr
- Axis Bank Limited : 0.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jan 2024 | Sidbi | ₹5.72 M | Open |
| 05 Oct 2023 | Others | ₹5.00 Cr | Open |
| 02 Jun 2022 | Sidbi | ₹2.86 Cr | Open |
| 18 Jun 2021 | Others | ₹4.50 Cr | Open |
| 06 Jan 2020 | Axis Bank Limited | ₹7.49 M | Open |
How Many Employees Work at Procandour Automotive Systems?
Procandour Automotive Systems has a workforce of 114 employees as of Mar 21, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Procandour Automotive Systems, 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 Procandour Automotive Systems's trajectory.
Rating
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
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.
Latest Updates, News, and FAQs on Procandour Automotive Systems
Recent activity within the organization
- Charges
A charge with Sidbi amounted to Rs. 0.57 Cr with Charge ID 100849368 was registered on 10 Jan 2024.
- Charges
A charge registered on 30 Apr 2018 via Charge ID 100174030 with Others was fully satisfied on 09 Nov 2023.
- Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100796074 was registered on 05 Oct 2023.
- Annual General Meeting
Procandour Automotive Systems Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Procandour Automotive Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Charges
A charge with Sidbi amounted to Rs. 2.86 Cr with Charge ID 100580116 was registered on 02 Jun 2022.
Frequently asked questions
What is the Incorporation or founding date of Procandour Automotive Systems Private Limited?
Procandour Automotive Systems Private Limited was incorporated on 02 May 2017.
What is authorized share capital and paid-up capital of Procandour Automotive Systems Private Limited?
The authorized share capital of Procandour Automotive Systems Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Procandour Automotive Systems Private Limited?
Currently 2 directors are associated with Procandour Automotive Systems Private Limited.
- Kasinathan Ilaiyaraja
- Krishnaveni
What is the registered address of Procandour Automotive Systems Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Procandour Automotive Systems Private Limited is S No.126/2A3 Amarambedu Road India, Nallur Village, Tamil Nadu, 600069.
What is the corporate identification number (CIN) and company number of Procandour Automotive Systems Private Limited?
The corporate identification number (CIN) of Procandour Automotive Systems Private Limited is U74999TN2017PTC116394 and the company number is 116394 as per Ministry of Corporate Affairs (MCA).
What is the official website of Procandour Automotive Systems Private Limited?
The Official website of Procandour Automotive Systems Private Limited is https://www.procandour.com
What has been the recent revenue trend for Procandour Automotive Systems Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Procandour Automotive Systems Private Limited has risen by 13.23%.
How many employees does Procandour Automotive Systems Private Limited currently have?
As Per 2023 financial reports, 114 employees are currently employed by Procandour Automotive Systems Private Limited.
What change has been observed in the net worth of Procandour Automotive Systems Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Procandour Automotive Systems Private Limited has experienced an upsurge of 18.88%.
What are the total open charges for Procandour Automotive Systems Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Procandour Automotive Systems Private Limited amount to ₹ 15.01 Cr.
When was the last Balance Sheet of Procandour Automotive Systems Private Limited filed with the ROC?
The most recent Balance Sheet for Procandour Automotive Systems Private Limited was filed with the ROC on 31 Mar 2023.
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