Promac Engineering Industries Limited - Company Profile

It is a engineering public limited company based in Kanakapura, Karnataka, India, established in 1972.

1972 Kanakapura, Karnataka, India Active

Last Updated: January 06, 2026

About Promac Engineering Industries Limited

Promac Engineering Industries Limited, a active public limited company, was established on 18 October 1972 in Kanakapura, Karnataka, India. Engaging in metal foundry & fabrication services within the manufacturing sector, it holds CIN: U24210KA1972PLC002255. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹11.00 Cr and a paid-up capital of ₹9.65 Cr.

Formerly known as Applied Industrtal Products Private Limited. It upholds a compliant status. Employing 228 professional, Its leadership includes Uppili Srinivasan Jeyaraman (Whole-Time Director), Reddy Kunal (Whole-Time Director), Surendra Jayaram Reddy (Managing Director). Past directors included Carlton Gerard Pereira, Ariyur Ganesan Elangovan, Vinay Beluru Raju Patel. It holds ₹247.43 Cr open charges and ₹257.71 Cr settled loans. Its latest AGM occurred on 23 September 2025, with the balance sheet filed on 31 March 2024. It is based at Plot No.306,307,308,309 Part And 311 Part 1, Kiadb Industrial Area,Harohalli 2Nd Phase, Kanakapura, Karnataka, 562112.

Company Details

CIN/LLPIN
U24210KA1972PLC002255
Registration Number
002255
Incorporation Date
18 October 1972
Authorized Capital
₹11.00 Cr
Paid-Up Capital
₹9.65 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 11.00 Cr as on 06-01-2026
Paid Up Capital ₹ 9.65 Cr as on 06-01-2026
Company Age 53 Year, 4 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 247.43 Cr as on 06-01-2026
Satisfied Charges ₹ 257.71 Cr as on 06-01-2026
Revenue Growth **** 0.51% (FY 2023)
Profit Growth **** 24.42% (FY 2023)
Ebitda **** 78.16% (FY 2023)
Net Worth 5.17% (FY 2023)
Total Assets -6.26% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Promac Engineering Industries 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 Promac Engineering Industries Limited?

Current Directors

Name	Designation	Appointment Date	Status
Uppili Srinivasan Jeyaraman	Whole-Time Director	27 Jan 2023	Current
Reddy Kunal	Whole-Time Director	27 Jan 2023	Current
Surendra Jayaram Reddy	Managing Director	01 Apr 2010	Current
Narayana Venkataram Babu	Director	16 Nov 2020	Current
Shashank Govindraj	Whole-Time Director	18 Mar 1996	Current
Vinatha Madhusudan Reddy	Director	27 Aug 2015	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	04 Jan 2021	Past
Pramod Abcsdd	Chief Financial Officer	-	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Additional Director	18 Aug 2025	Past
Pramod Abcsdd	Whole-Time Director	12 Feb 2011	Past
Pramod Abcsdd	Director	05 Aug 2016	Past

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Financial Performance of Promac Engineering Industries.

Promac Engineering Industries Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.51% increase. The company also saw a substantial improvement in profitability, with a 24.42% increase in profit. The company's net worth moved up by a moderate rise of 5.17%.

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

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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

********

0.51%

*******

Revenue from Operations

*******

2.54%

*******

Total Assets

*******

-6.26%

*******

Profit or Loss

*******

24.42%

*******

Net Worth

*******

5.17%

*******

EBITDA

*******

78.16%

*******

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What is the Ownership and Shareholding Structure of Promac Engineering Industries?

In 2023, Promac Engineering Industries had a promoter holding of 74.37% and a public holding of 25.63%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹2,474,291,000.00

Satisfied Charges

₹2,577,070,024.00

Charges Breakdown by Lending Institutions

State Bank Of India : 116.50 Cr
Hdfc Bank Limited : 81.81 Cr
Canara Bank : 49.00 Cr
Axis Bank Limited : 0.12 Cr

Latest Charge Details

Date	Lender	Amount	Status
12 Aug 2025	Hdfc Bank Limited	₹4.30 M	Open
13 Nov 2024	State Bank Of India	₹30.00 Cr	Open
05 Jul 2024	Hdfc Bank Limited	₹6.82 M	Open
08 Dec 2023	Hdfc Bank Limited	₹14.00 Cr	Open
19 Nov 2022	Hdfc Bank Limited	₹1.00 Cr	Open

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How Many Employees Work at Promac Engineering Industries?

Promac Engineering Industries has a workforce of 228 employees as of Sep 24, 2025. 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Promac Engineering Industries, 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 Promac Engineering Industries'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.

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Latest Updates, News, and FAQs on Promac Engineering Industries

Recent Activity within the Organization

Annual General Meeting

The activity Promac Engineering Industries Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records. was completed.
23 Sep 2025
Charges

A charge with Hdfc Bank Limited amounted to Rs. 0.43 Cr with Charge ID 101165021 was registered on 12 Aug 2025. was recorded as a recent event.
12 Aug 2025
Charges

A charge with Canara Bank of Rs. 49.00 Cr registered on 20 Mar 2008 with Charge ID 10099049 was modified on 17 Feb 2025. was recorded as a recent event.
17 Feb 2025
Charges

A charge with Hdfc Bank Limited of Rs. 65.70 Cr registered on 23 Nov 2021 with Charge ID 100516941 was modified on 08 Jan 2025. was recorded as a recent event.
08 Jan 2025
Charges

Progress on A charge with State Bank Of India amounted to Rs. 30.00 Cr with Charge ID 101001568 was registered on 13 Nov 2024. was documented.
13 Nov 2024
Charges

The activity A charge with Hdfc Bank Limited amounted to Rs. 0.68 Cr with Charge ID 100953594 was registered on 05 Jul 2024. was completed.
05 Jul 2024

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