- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0084349

About Promantus India Private Limited
Data last updated:
Promantus India Private Limited is a foreign private limited company based in Gurgaon, Haryana, India, a subsidiary of Promantus Inc Usa. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 18 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900HR2019FTC077995. Its GSTIN is 33AAKCP3192K1Z4 (Tamil Nadu). The company holds 6 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Jagannathan Srinivasan and Gautam Tarafdar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 6th Floor Unit 601 Spaze I T Tech Park Sohna Road Sector – 49 Gurgaon, Haryana, India – 122018.
As per the financials filed for FY 2024, the company reported a revenue of ₹40.98 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹1.28 Cr (net margin 3.1%) and EBITDA of ₹3.11 Cr (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years.
Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: toCode Technologies. As per MCA filings, the company has open charges of ₹2.5 Cr on record.
Promantus India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0084349). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website promantusinc.com.
Company details
Recognitions & Rankings of Promantus India
Contact details
Promantus India Private Limited's registered office is in Gurgaon, Haryana. Its website is promantusinc.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address6th Floor Unit 601 Spaze I T Tech Park Sohna Road Sector – 49 Gurgaon, Haryana, India – 122018
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Promantus India 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
Brands
Promantus India operates one associated brand: toCode Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers AI-based platform for digital onboarding and identity verification services. | tocode.ai |
Business activity
The main business activity of Promantus India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Promantus India Private Limited, buy the company report.
Financials of Promantus India Private Limited
FY 2024 filings availablePromantus India Private Limited reported revenue of ₹40.98 Cr (up 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 49% over three years, including 36% growth in the latest year. EBITDA rose 165% 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
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| EBITDA | ₹3.11 Cr | ||||
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| Net Profit (PAT) | ₹1.28 Cr | ||||
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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 | 7.6% | ||||
| Net Profit Margin | 3.1% | ||||
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To see the full financial statements and ratios of Promantus India Private Limited, buy the company report.
Board of directors of Promantus India Private Limited
Promantus India 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 |
|---|---|---|---|---|
| Jagannathan Srinivasan | Director | 18 Jan 2019 | 7 Years 9 Months | Current |
| Gautam Tarafdar Also directs: Versify Tech Solutions Private Limited | Director | 18 Jan 2019 | 7 Years 9 Months | Current |
Peer comparison
Promantus India Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Riskonnect Services Private Limited | ₹41.01 Cr (FY 2025) | 70.0% | Mangalore, Karnataka, India | |||
| Mindarray Systems Limited | ₹41 Cr (FY 2024) | 58.0% | Ahmedabad, Gujarat, India | |||
| Infonox Software Private Limited | ₹40.98 Cr (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Promantus India Private Limitedthis company | ₹40.98 Cr (FY 2024) | ₹1.28 Cr | 3.1% | 36.0% | Gurgaon, Haryana, India | |
| Wrap2earn Technologies Private Limited | ₹40.97 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Bluecore Software Private Limited | ₹40.96 Cr (FY 2025) | -7.0% | Noida, Uttar Pradesh, India | |||
| Ul Technology Solutions Private Limited | ₹40.95 Cr (FY 2024) | 28.0% | Kozhikode, Kerala, India | |||
| Intone Networks (India) Private Limited | ₹40.95 Cr (FY 2025) | -2.0% | Hyderabad, Telangana, India | |||
| Cyberswift Infotech Private Limited | ₹40.94 Cr (FY 2024) | 29.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Promantus India Private Limited, buy the company report.
Auditor
Promantus India Private Limited is audited by K.S.G.SUBRAMANYAM & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.S.G.SUBRAMANYAM & CO | FY 2023 | 004151S |
Shareholding
The shareholding of Promantus India Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Promantus India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Sep 2024 | 100975985 | Others | ₹2.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Promantus India 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 Promantus India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Promantus India has 2 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Group10 Technologies Private Limited | U72900DL2012PTC231442 | |
| Tocode Technologies Private Limited | U72900TN2016PTC110739 |
To see the full group structure of Promantus India Private Limited, buy the company report.
GST
Promantus India has 6 GST registrations: 2 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAKCP3192K1Z4 | Tamil Nadu | Active | 01 Apr 2019 |
| 29AAKCP3192K2ZS | Karnataka | Active | 01 Jul 2019 |
To see the full GST registrations and return filing status of Promantus India Private Limited, buy the company report.
Recent activity
Promantus India Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Gautam Tarafdar was appointed as Director on 18 Jan 2019.
Frequently asked questions
Promantus India is an active foreign private limited company based in Gurgaon, Haryana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 18 January 2019 (7+ years old) and is registered under CIN U72900HR2019FTC077995.
Promantus India has 2 current directors:
- Jagannathan Srinivasan - Director
- Gautam Tarafdar - Director
The latest financial statements of Promantus India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Promantus India is 33AAKCP3192K1Z4, registered in Tamil Nadu. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 29AAKCP3192K2ZS (Karnataka).
The CIN (Corporate Identification Number) of Promantus India is U72900HR2019FTC077995. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Promantus India was incorporated on 18 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Promantus India by revenue are Riskonnect Services Private Limited, Mindarray Systems Limited, Infonox Software Private Limited, Wrap2earn Technologies Private Limited, Bluecore Software Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Gautam Tarafdar was appointed as Director on 18 Jan 2019. Jagannathan Srinivasan was appointed as Director on 18 Jan 2019.
Yes, Promantus India is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0084349).
Promantus India can be reached through the website promantusinc.com. Its registered office is in Gurgaon, Haryana, India.
The registered office of Promantus India is at 6th Floor Unit 601 Spaze I T Tech Park Sohna Road Sector – 49 Gurgaon, Haryana, India – 122018.

