About Promag Foundations and Structures Private Limited
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Promag Foundations and Structures Private Limited is a private limited company based in Thiruvananthapuram, Kerala, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U45200KL2011PTC028971. Its GSTIN is 33AAGCP1455M1ZA (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mahesh Vaidyanathan (Managing Director) and Vaishnavi Krishnan.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Tc 15/1989(7) Narayana Towers Vazhuthacaud, Thiruvananthapuram, Kerala, India – 695014.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.14 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹3.21 Lakh (net margin 1.5%) and EBITDA of ₹12.25 Lakh (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 40% over five years.
As per MCA filings, the company has open charges of ₹3.25 Cr and satisfied charges of ₹2.74 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website promag.in.
Company details
Contact details
Promag Foundations and Structures Private Limited's registered office is in Thiruvananthapuram, Kerala. Its website is promag.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressTc 15/1989(7) Narayana Towers Vazhuthacaud, Thiruvananthapuram, Kerala, India – 695014
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Promag Foundations and Structures Private Limited, buy the company report.
- 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
Business activity
The main business activity of Promag Foundations and Structures is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Promag Foundations and Structures Private Limited, buy the company report.
Financials of Promag Foundations and Structures Private Limited
FY 2025 filings availablePromag Foundations and Structures Private Limited reported revenue of ₹2.14 Cr (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 40%. EBITDA fell 72% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹12.25 Lakh | ||||
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| Net Profit (PAT) | ₹3.21 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 5.7% | ||||
| Net Profit Margin | 1.5% | ||||
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To see the full financial statements and ratios of Promag Foundations and Structures Private Limited, buy the company report.
Board of directors of Promag Foundations and Structures Private Limited
Promag Foundations and Structures has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Vaidyanathan | Managing Director | 28 Jul 2011 | 15 Years 2 Months | Current |
| Vaishnavi Krishnan Also directs: Sri Krishna Sweets Private Limited, Prudent Pro Cast Private Limited, Grihamantra Designers Private Limited and 1 more | Director | 28 Jul 2011 | 15 Years 2 Months | Current |
Peer comparison
Promag Foundations and Structures Private Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kellein Construction Private Limited | ₹2.15 Cr (FY 2018) | -79.0% | Chennai, Tamil Nadu, India | |||
| Mikadzuki India Private Limited | ₹2.14 Cr (FY 2025) | 77.0% | New Delhi, Delhi, India | |||
| Promag Foundations and Structures Private Limitedthis company | ₹2.14 Cr (FY 2024) | ₹3.21 Lakh | 1.5% | -4.0% | Thiruvananthapuram, Kerala, India | |
| Omkara Home Constructions Private Limited | ₹2.14 Cr (FY 2024) | -57.0% | Pandharpur, Maharashtra, India | |||
| Shivkrupa Construction and Developers Private Limited | ₹2.14 Cr (FY 2025) | 323.0% | Thane, Maharashtra, India | |||
| Terramint Private Limited | ₹2.14 Cr (FY 2025) | 19.0% | Bengaluru, Karnataka, India |
To see the full peer comparison of Promag Foundations and Structures Private Limited, buy the company report.
Auditor
Promag Foundations and Structures Private Limited is audited by CSK PRABHU & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CSK PRABHU & CO | FY 2020 | 002485S |
Shareholding
The shareholding of Promag Foundations and Structures Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Promag Foundations and Structures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Feb 2025 | 101050304 | City Union Bank Limited | ₹3.25 Cr | Open | |
| 27 Oct 2023 | 100819241 | City Union Bank Limited | ₹2.5 Cr | Satisfied | |
| 12 Oct 2022 | 100624530 | City Union Bank Limited | ₹24 Lakh | Satisfied |
To see the full charge records of Promag Foundations and Structures Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Promag Foundations and Structures Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Promag Foundations and Structures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Promag Foundations and Structures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCP1455M1ZA | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Promag Foundations and Structures Private Limited, buy the company report.
Recent activity
Promag Foundations and Structures Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Mahesh Vaidyanathan ceased to be Director on 01 Apr 2013.
Frequently asked questions
Promag Foundations and Structures is an active private limited company based in Thiruvananthapuram, Kerala, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 28 July 2011 (15+ years old) and is registered under CIN U45200KL2011PTC028971.
Promag Foundations and Structures has 2 current directors:
- Mahesh Vaidyanathan - Managing Director
- Vaishnavi Krishnan - Director
The latest financial statements of Promag Foundations and Structures on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Promag Foundations and Structures is 33AAGCP1455M1ZA, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Promag Foundations and Structures is U45200KL2011PTC028971. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Promag Foundations and Structures was incorporated on 28 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Promag Foundations and Structures by revenue are Kellein Construction Private Limited, Mikadzuki India Private Limited, Omkara Home Constructions Private Limited, Shivkrupa Construction and Developers Private Limited, Terramint Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Mahesh Vaidyanathan ceased to be Director on 01 Apr 2013. Mahesh Vaidyanathan was appointed as Managing Director on 28 Jul 2011. Vaishnavi Krishnan was appointed as Director on 28 Jul 2011.
Promag Foundations and Structures can be reached through the website promag.in. Its registered office is in Thiruvananthapuram, Kerala, India.
The registered office of Promag Foundations and Structures is at Tc 1519897 Narayana Towers Vazhuthacaud, Thiruvananthapuram, Kerala, India – 695014.
Promag Foundations and Structures operates in the real estate and construction industry, in the real estate builders and developers segment.