Promantus India Private Limited

Promantus India Private Limited - information technology in Gurgaon, Haryana, India. FY 2026 financials & compliance.
CIN U72900HR2019FTC077995 Incorporated 18 January 2019 ROC Delhi HQ Gurgaon, Haryana, India
Active Foreign Private Limited Company information technology MSME · Small
Data last updated
Revenue · FY 2024
₹40.98 Cr
▲ 36% YoY
Net profit · FY 2024
₹1.28 Cr
Net margin 3.1%
EBITDA · FY 2024
₹3.11 Cr
EBITDA margin 7.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹2.5 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings

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

CIN U72900HR2019FTC077995
Registration Number 077995
Incorporation Date 18 January 2019
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Promantus Inc Usa
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0084349

Recognitions & Rankings of Promantus India

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-02-0084349

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
  • Social Media
  • Registered Address
    6th Floor Unit 601 Spaze I T Tech Park Sohna Road Sector – 49 Gurgaon, Haryana, India – 122018
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Promantus India Private Limited, buy the company report.

Comprehensive company report
Promantus India Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Promantus India operates one associated brand: toCode Technologies. Each brand links to its own profile.

BrandDescriptionWebsite
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 codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer 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 available

Promantus India Private Limited reported revenue of ₹40.98 Cr (up 36% YoY) for FY 2024.

Revenue · FY 2024
₹40.98 Cr ▲ 36%
Net profit · FY 2024
₹1.28 Cr margin 3.1%
EBITDA · FY 2024
₹3.11 Cr margin 7.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 36%
3 years · compounded
▲ 49%
EBITDA CAGR growth
1 year
▲ 165%
3 years · compounded
▲ 40%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹3.11 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.28 Cr
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin7.6%
Net Profit Margin3.1%
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

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.

Current Directors
NameDesignationAppointment DateTenureStatus
Jagannathan SrinivasanDirector18 Jan 20197 Years 9 MonthsCurrent
Gautam TarafdarDirector18 Jan 20197 Years 9 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Cr3.1%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 firmFinancial yearFirm registration number
K.S.G.SUBRAMANYAM & COFY 2023004151S

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 categoryFY 2023FY 2021FY 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

Open charges
₹2.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹2.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 Sep 2024100975985Others₹2.5 CrOpen

Total charge records: 1 View all charges

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.

2
Subsidiary companies
1
Associated companies
Key subsidiaries
Company NameCINShares held
Group10 Technologies Private LimitedU72900DL2012PTC231442
Tocode Technologies Private LimitedU72900TN2016PTC110739

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.

Total GSTINs
6
Active
2
Cancelled / inactive
4
GSTINStateStatusRegistered on
33AAKCP3192K1Z4Tamil NaduActive01 Apr 2019
29AAKCP3192K2ZSKarnatakaActive01 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.

AGM
Promantus India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100975985 was registered on 02 Sep 2024.
Filing
Promantus India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Appointed
Gautam Tarafdar was appointed as Director.
Appointed
Jagannathan Srinivasan was appointed as Director.
Incorporation
18 Jan 2019
Promantus India Private Limited was registered on 18 Jan 2019 with Roc Delhi & aged 7 years 9 months as per MCA records.

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:

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.