MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-18-0002341
Promark Techsolutions Private Limited - wood in Morinda, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹134.02 Cr
▲ 15% YoY
Net profit · FY 2025
₹5.4 Cr
Net margin 4%
EBITDA · FY 2025
₹11.3 Cr
EBITDA margin 8.4%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹45.65 Cr
Satisfied ₹21.95 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
46
Provident fund records
About Promark Techsolutions Private Limited
Data last updated:
Promark Techsolutions Private Limited is a private limited company based in Morinda, Punjab, India. It operates in the wood and wood products segment of the wood and timber products sector. It was incorporated on 05 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U36109PB2010PTC034337. Its GSTIN is 10AAFCP7669C1ZK (Bihar).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Pushapjeet Singh Brar and Ashwani Kumar.
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 Morinda By – Pass Ludhiana Highway (NH – 95) Adjoining Preet Palace Village: Baddi M, Adouli, Punjab, India – 140101.
As per the financials filed for FY 2025, the company reported a revenue of ₹134.02 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹5.4 Cr (net margin 4%) and EBITDA of ₹11.3 Cr (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 33% over five years.
The company has about 46 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Promark. As per MCA filings, the company has open charges of ₹45.65 Cr and satisfied charges of ₹21.95 Cr on record. Court records list 40 cases involving the company, including 38 filed by the company and 2 filed against it; 10 cases are pending.
Promark Techsolutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-18-0002341). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website promark.co.in.
Company details
CIN U36109PB2010PTC034337
Registration Number 034337
Incorporation Date 05 October 2010
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-PB-18-0002341
Recognitions & Rankings of Promark Techsolutions
Contact details
Promark Techsolutions Private Limited's registered office is in Morinda, Punjab. Its website is promark.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMorinda By – Pass Ludhiana Highway (NH – 95) Adjoining Preet Palace Village: Baddi M, Adouli, Punjab, India – 140101
- IndustryWood, Wood & Wood Products, Paper & Paper Products, Furniture
To see the full contact details of Promark Techsolutions Private Limited, buy the company report.
Comprehensive company report
Promark Techsolutions 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
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Brands
Promark Techsolutions operates one associated brand: Promark. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Contract manufacturing of IT products and furniture is conducted. | promark.co.in |
Business activity
The main business activity of Promark Techsolutions is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Promark Techsolutions Private Limited, buy the company report.
Financials of Promark Techsolutions Private Limited
FY 2024 filings availablePromark Techsolutions Private Limited reported revenue of ₹134.02 Cr (up 15% YoY) for FY 2025.
Revenue · FY 2025
₹134.02 Cr ▲ 15%
Net profit · FY 2025
₹5.4 Cr margin 4%
EBITDA · FY 2025
₹11.3 Cr margin 8.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 18%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▲ 42%
3 years · compounded
▲ 36%
5 years · compounded
▲ 56%
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 15% growth in the latest year. EBITDA rose 42% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹11.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.4 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.4% | ||||
| Net Profit Margin | 4% | ||||
| Return on Equity (ROE) | |||||
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| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Promark Techsolutions Private Limited, buy the company report.
Board of directors of Promark Techsolutions Private Limited
Promark Techsolutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pushapjeet Singh Brar Also directs: Promine Industries Private Limited | Director | 05 Oct 2010 | 16 Years 0 Months | Current |
| Ashwani Kumar | Director | 05 Oct 2010 | 16 Years 0 Months | Current |
Auditor
Promark Techsolutions Private Limited is audited by VISHAL K AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VISHAL K AND ASSOCIATES | FY 2023 | 035891N |
Shareholding
The shareholding of Promark Techsolutions Private 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Promark Techsolutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹45.65 Cr
Satisfied charges
₹21.95 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Sep 2025 | 101185755 | Others | ₹30 Lakh | Open | |
| 22 Dec 2023 | 100886197 | Axis Bank Limited | ₹5.5 Cr | Open | |
| 18 Jul 2023 | 100768819 | Axis Bank Limited | ₹39.85 Cr | Open | |
| 15 May 2023 | 100723107 | Others | ₹2 Cr | Satisfied | |
| 15 May 2023 | 100726167 | Others | ₹1.4 Cr | Satisfied |
To see the full charge records of Promark Techsolutions Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Promark Techsolutions Private Limited has 40 court cases on record: 38 filed by Promark Techsolutions, 2 filed against it. 10 cases are pending and 30 are disposed.
Total cases
40
Filed by the company
38
Filed against the company
2
Pending
10
Disposed
30
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 2 | 9 |
| High courts | 10 | 0 | 1 |
Cases on record (5 of 40)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SAS Nagar, Punjab | Cheque dishonour complaint | Filed by the company against M/S Digitech Pvt. Ltd. | Pending |
| District court, SAS Nagar, Punjab | Cheque dishonour complaint | Filed by the company against M/S Psra IT Solutions Pvt. Ltd. | Disposed |
| District court, SAS Nagar, Punjab | Execution petition | Filed by the company against an individual | Pending |
| District court, SAS Nagar, Punjab | Civil suit | Filed by the company against Future Info Solutions and Technologies | Pending |
| District court, SAS Nagar, Punjab | Cheque dishonour complaint | Filed by the company against an individual | Pending |
To see the full case history of Promark Techsolutions Private 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 Promark Techsolutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Promark Techsolutions Private Limited has a workforce of 46 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
46
Active EPFO establishments
1
Employee growth
283.33%
GST
Promark Techsolutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 10AAFCP7669C1ZK | Bihar | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Promark Techsolutions Private Limited, buy the company report.
Recent activity
Promark Techsolutions Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Jai Prakash Sharma ceased to be Director on 24 Apr 2018.
Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 101185755 was registered on 02 Sep 2025.
Charges
A charge with Axis Bank Limited of Rs. 5.50 Cr registered on 22 Dec 2023 with Charge ID 100886197 was modified on 19 Aug 2025.
Charges
A charge registered on 09 Jul 2020 via Charge ID 100360620 with Canara Bank was fully satisfied on 11 Mar 2025.
Charges
A charge registered on 31 Jul 2019 via Charge ID 100284257 with Canara Bank was fully satisfied on 11 Mar 2025.
AGM
Promark Techsolutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Axis Bank Limited of Rs. 39.85 Cr registered on 18 Jul 2023 with Charge ID 100768819 was modified on 28 Aug 2024.
Charges
A charge registered on 01 Jun 2018 via Charge ID 100182977 with State Bank Of India was fully satisfied on 13 Aug 2024.
Charges
A charge registered on 01 Jun 2018 via Charge ID 100182978 with State Bank Of India was fully satisfied on 13 Aug 2024.
Filing
Promark Techsolutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge registered on 15 May 2023 via Charge ID 100726167 with Others was fully satisfied on 02 Mar 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 5.50 Cr with Charge ID 100886197 was registered on 22 Dec 2023.
Charges
A charge registered on 16 Oct 2021 via Charge ID 100503818 with Others was fully satisfied on 29 Sep 2023.
21 earlier events are in the company report.
Frequently asked questions
Promark Techsolutions is an active private limited company based in Morinda, Punjab, India. The company works in wood and wood products, within the wood industry. It was incorporated on 05 October 2010 (16+ years old) and is registered under CIN U36109PB2010PTC034337.
Promark Techsolutions has 2 current directors:
- Pushapjeet Singh Brar - Director
- Ashwani Kumar - Director
The latest financial statements of Promark Techsolutions 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 2015 are in the company report.
The GSTIN of Promark Techsolutions is 10AAFCP7669C1ZK, registered in Bihar.
The CIN (Corporate Identification Number) of Promark Techsolutions is U36109PB2010PTC034337. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Promark Techsolutions has 40 court cases on record: 38 filed by the company and 2 filed against it. 10 are pending. Most are in the district courts.
Promark Techsolutions was incorporated on 05 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chandigarh.
Jai Prakash Sharma ceased to be Director on 24 Apr 2018. Dinesh Kumar Rishi ceased to be Director on 11 Feb 2015. Ashwani Kumar was appointed as Director on 05 Oct 2010. Promark Techsolutions has 4 board changes on record in total.
Yes, Promark Techsolutions is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-18-0002341).
Promark Techsolutions can be reached through the website promark.co.in. Its registered office is in Morinda, Punjab, India.