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.
Company details
CIN history
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 |
Contact details
Promain Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressKanchenjunga 7th Floor 18 Barakhamba Road, Delhi, India – 110001
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Promain 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
Promain operates primarily in the financial and insurance service sector. One business activity is registered with the MCA.
| Main activity group | Business activity | Share of turnover |
|---|---|---|
| Financial and insurance Service | Other financial activities |
To see the full business activity and turnover split of Promain Limited, buy the company report.
Financials of Promain Limited
FY 2025 filings availablePromain Limited reported revenue of ₹4.5 Cr (up 58.4% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 58.4% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Revenue | ₹4.5 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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To see the full financial statements and ratios of Promain Limited, buy the company report.
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 |
Auditor
Promain Limited is audited by MANDHANA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANDHANA & CO. | FY 2022 | 612N |
Shareholding
The shareholding of Promain Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Promain Limited, buy the company report.
Legal cases
Promain Limited has 8 court cases on record: 5 filed by Promain, 3 filed against it. All cases are disposed.
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 |
| High Court | Civil suit | Filed against the company by Yindusthan Devlopment Corp.Ltd. | Disposed |
To see the full case history of Promain Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Promain Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Promain has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACP3056G1ZN | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Promain Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 3 current directors:
- Anil Agarwalla - Director
- Murari Lal Birmiwala - Director
- Mool Chand Gauba - Director
The latest financial statements of Promain 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 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.
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 operates in the financial services industry, in the investment and credit nbfc segment.