
Promain Limited
About Promain Limited
Data last updated:
Promain Limited is a public limited company based in Delhi, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 29 October 1965 and has been in existence for over 61 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U04503DL1965PLC004503. Its GSTIN is 07AAACP3056G1ZN (Delhi).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.13 Cr. It is led by directors including Anil Agarwalla and Murari Lal Birmiwala.
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 Kanchenjunga 7th Floor 18 Barakhamba Road, Delhi, India – 110001.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.5 Cr, a growth of 58.4% compared to the previous year.
Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
CIN History of Promain Limited
Promain has one previous CIN (Corporate Identification Number): L04503DL1965PLC004503. The current CIN is U04503DL1965PLC004503, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U04503DL1965PLC004503 | Current |
| L04503DL1965PLC004503 | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressKanchenjunga 7th Floor 18 Barakhamba Road, Delhi, India – 110001
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
- 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 Promain Limited
Promain operates primarily in the financial and insurance service sector. One business activity is registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Financial and insurance Service | Locked | Other financial activities | Locked |
Detailed business activity records
Activity codes and each activity's share of turnover are in the company report.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Financials of Promain Limited FY 2025 filings available
Promain Limited reported revenue of ₹4.5 Cr (up 58.4% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Promain Limited
Revenue rose 58.4% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Promain Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹4.5 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 Promain Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Promain 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.
Board of Directors of Promain Limited
Promain has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Agarwalla | Director | 09 Aug 1990 | 36 Years 2 Months | Current |
| Murari Lal Birmiwala Also directs: Pradyumna Steels Limited, Foster Engineering Industries Ltd, Paramount Enterprises Limited and 5 more | Director | 09 Apr 2019 | 7 Years 6 Months | Current |
| Mool Chand Gauba Also directs: Pradyumna Steels Limited, Hindusthan Business Corporation Ltd., Intercontinental Trading and Investment Company Limited and 4 more | Director | 14 May 2024 | 2 Years 5 Months | Current |
Peer Comparison of Promain Limited
Promain Limited is compared with the companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Promain Limited this company | ₹4.5 Cr (FY 2023) | •••• | •••• | 58.4% | •••• | Delhi, India |
| Mipco Investments Pvt Limited | ₹2.84 Cr (FY 2021) | •••• | •••• | 527.0% | •••• | Mumbai, Maharashtra, India |
| Aasra Fincorp Private Limited | ₹2.84 Cr (FY 2024) | •••• | •••• | 67.0% | •••• | Allahabad, Uttar Pradesh, India |
| Kallur Chits and Finance Pvt Ltd | ₹2.84 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Thrissur, Kerala, India |
| Kanoria Securities & Financial Services Limited | ₹2.84 Cr (FY 2020) | •••• | •••• | -2.0% | •••• | Kolkata, West Bengal, India |
| Neendoor Hire Purchase and Credits Pvt Ltd | ₹2.84 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Kottayam, Kerala, India |
| Baba Iron Industries Pvt Ltd | ₹2.84 Cr (FY 2023) | •••• | •••• | -8.0% | •••• | Kolkata, West Bengal, India |
| Focal Leasing and Credits Limited. | ₹2.83 Cr (FY 2024) | •••• | •••• | -28.0% | •••• | New Delhi, Delhi, India |
| Vira Capital Private Limited | ₹2.83 Cr (FY 2024) | •••• | •••• | -16.0% | •••• | Mumbai, Maharashtra, India |
| Manubhawan Distributors Pvt Ltd | ₹2.83 Cr (FY 2025) | •••• | •••• | 64.0% | •••• | Kolkata, West Bengal, India |
| Sheen Metals and Finvest Private Limited | ₹2.83 Cr (FY 2025) | •••• | •••• | -89.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Promain by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Promain Limited
Promain Limited is audited by MANDHANA & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MANDHANA & CO. | 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.
Ownership and Shareholding of Promain 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.
Charges & Borrowings of Promain Limited
Promain Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Promain Limited
Promain Limited has 8 court cases on record: 5 filed by Promain, 3 filed against it. All cases are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 3 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Tax appeal | Filed against the company by Principal Commissioner of Income Tax-7 | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Commissioner of Income Tax | Disposed |
| High Court of Delhi | Tax appeal | Filed against the company by Commissioner of Income Tax | Disposed |
| High Court of Delhi | Court case (CM(M)) | Filed by the company against an individual | Disposed |
| Calcutta High Court | Civil suit | Filed against the company by Yindusthan Devlopment Corp.Ltd | Disposed |
Full case history
All 8 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Promain Limited
Employment history and EPFO contributions of people linked to Promain.
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.
Recent Activity on Promain Limited
Promain Limited has 13 board changes on record since 1979: 8 appointments and 5 cessations. The latest: Kamal Kumar Gupta ceased to be Director on 14 May 2024.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Promain 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 Promain 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 Promain 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.
GST Compliance of Promain Limited
Promain has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACP3056G1ZN | Delhi | Active | 01 Jul 2017 |
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.
MCA Filings & Documents of Promain 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.
Frequently Asked Questions about Promain Limited
Promain is an active public limited company based in Delhi, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 29 October 1965 (61+ years old) and is registered under CIN U04503DL1965PLC004503.
Promain reported revenue of ₹4.5 Cr for FY 2023 (up 58.4% YoY).
Promain has 3 current directors:
- Anil Agarwalla - Director
- Murari Lal Birmiwala - Director
- Mool Chand Gauba - Director
The GSTIN of Promain is 07AAACP3056G1ZN, registered in Delhi.
The CIN (Corporate Identification Number) of Promain is U04503DL1965PLC004503. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Promain has 8 court cases on record: 5 filed by the company and 3 filed against it.
Promain was incorporated on 29 October 1965, making it 61+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Promain by revenue are Mipco Investments Pvt Limited, Aasra Fincorp Private Limited, Kallur Chits and Finance Pvt Ltd, Kanoria Securities & Financial Services Limited, Neendoor Hire Purchase and Credits Pvt Ltd and 5 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC).
Kamal Kumar Gupta ceased to be Director on 14 May 2024. Mool Chand Gauba was appointed as Director on 14 May 2024. Murari Lal Birmiwala was appointed as Director on 09 Apr 2019. Promain has 13 board changes on record in total.
The registered office of Promain is at Kanchenjunga 7th Floor 18 Barakhamba Road, Delhi, India – 110001.
Promain has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.13 Cr.