Promac Engineering Industries Limited logo

Promac Engineering Industries Limited

Designing and executing heavy engineering projects on turnkey basis, including manufacturing and supply of equipment.

1972 Bangalore, Karnataka (India) Active

About

Basic Data Updated:

9 days ago

The business of executing heavy engineering projects on turnkey basis is undertaken by Promac Engineering Industries Limited. The company is actively involved in the design, engineering, manufacture, supply, erection and commissioning of cement plants, bulk material handling systems, CHPs/ AHPs for thermal power plants and other process plants within India and various overseas regions. A wide range of products including stackers and reclaimers, rotary dryers, coolers, vertical roller mills, crushers, ball mills, wagon tipplers, side arm chargers, reverse air bag houses, bag filters and deep bucket conveyors are offered by the company. Two manufacturing facilities are owned by PEIL, with one located in Alahalli (Bangalore) dedicated to the production of heavy equipment and machinery. The... Read More

Industry

Company Details

  • Location

    Bangalore, Karnataka, India

  • Website
    1222442
  • Telephone
    1222442
  • Email Address
    1222442
CIN/LLPIN/FCRNU24210KA1972PLC002255
Company No.002255
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date18 Oct 1972
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Bangalore

Products or Services related to Promac Engineering Industries Limited

Coal Handling Plant

Fuel Handling System

Thermal Power Plants

Power Plants & Spare Parts

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Promac Engineering Industries Limited offers a wide range of products and services, including: Material Handling Machines & Systems, Fuel Handling System, Generators, Turbines & Power Plants, Power Plants & Spare Parts.

Financials of Promac Engineering Industries Limited

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Promac Engineering Industries Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 25.49% decrease. The company also saw a substantial improvement in profitability, with a 61.73% increase in profit. The company's net worth moved up by a moderate rise of 2.57%.

Enhance accessibility to Promac Engineering Industries's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.

Corporate Structure

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People in Promac Engineering Industries Limited

Executive Team (2)

  • SR

    Surendra Reddy In Managing Director

    Appointment Date: 18-Mar-1996

    Status: Current

  • JS

    J Srinivasan In CFO

    Appointment Date: 01-Jun-2020

    Status: Current

Board Members(5)

Charges (Loans)

Open Charges Satisfied Charges

₹264.12 cr

₹257.71 cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 08 Dec 2023
₹14.00 CrOpen

Hdfc Bank Limited

Creation Date: 19 Nov 2022
₹1.00 CrOpen

Hdfc Bank Limited

Creation Date: 23 Nov 2021
₹61.20 CrOpen

Deals i

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Rating

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Alert

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Related Corporates (Common Directorship)

  • Lamina Suspension Products Limited

    Lamina Suspension Products Limited

    Active build-icon 48 years 5 months

    Surendra Reddy is a mutual person

  • Grameen Shelters Private Limited

    Grameen Shelters Private Limited

    Active build-icon 13 years 2 months

    Vinatha Reddy is a mutual person

  • Lamina Foundries Limited

    Lamina Foundries Limited

    Active build-icon 43 years 1 month

    Surendra Reddy is a mutual person

  • Yunus Social Business Fund Bengaluru Private Limited

    Yunus Social Business Fund Bengaluru Private Limited

    Active build-icon 7 years 10 months

    Vinatha Reddy is a mutual person

  • Electrum Financial Services Private Limited

    Electrum Financial Services Private Limited

    Active build-icon 11 years 6 months

    Vinatha Reddy is a mutual person

  • Jsr Ventures Private Limited

    Jsr Ventures Private Limited

    Active build-icon 7 years 11 months

    Surendra Reddy and Vinatha Reddy are mutual person

Recent activity within the organization

  • Activity

    Charges

    A charge with Hdfc Bank Limited amounted to Rs. 14.00 cr with Charge ID 100848669 was registered on 08 Dec 2023.

    08 Dec 2023
  • Activity

    Annual General Meeting

    Promac Engineering Industries Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023
  • Activity

    Balance Sheet

    Promac Engineering Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023
  • Activity

    Director Appointment

    Uppili Srinivasan Jeyaraman was appointed as a Director was appointed as a Director on 27 Jan 2023 & has been associated with this company since 1 year 3 months .

    27 Jan 2023
  • Activity

    Charges

    A charge registered on 08 Mar 2008 via Charge ID 10092723 with Axis Bank Limited was fully satisfied on 31 Dec 2022.

    31 Dec 2022

Recent News, Updates & Announcement

Frequently asked questions

What is the Incorporation or founding date of Promac Engineering Industries Limited?

Promac Engineering Industries Limited was incorporated 51 years 6 months ago on 18 Oct 1972 with Registrar of Companies Roc Bangalore.

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