Promas Engineers Private Limited - Company Profile

It is a machinery and equipment private limited company based in Navi Mumbai, Maharashtra, India, established in 2005.
2005 Navi Mumbai, Maharashtra, India Active
Last Updated:
About Promas Engineers Private Limited

Promas Engineers Private Limited, a active private limited company, was established on 02 March 2005 in Navi Mumbai, Maharashtra, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: U29100MH2005PTC151708. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹7.48 M.

It upholds a active non-compliant status. Its leadership includes Vandana Balasaheb Gatkal (Director), Akshay Anilkumar Aher (Director), Balasaheb Babanrao Gatkal (Director). Past directors included Mary Magdaline Pereira, Sunil Sudhakar Shinde, Akshay Anilkumar Aher. It holds ₹37.87 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Promas House, Plot No. R-967, Ttc Industrial Area,Midc, Rabale,, Navi Mumbai, Maharashtra, 400701.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U29100MH2005PTC151708

  • Registration Number

    151708

  • Incorporation Date

    02 March 2005

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹7.48 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.48 M
  • Company Age 20 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 37.87 Cr
  • Revenue Growth **** -28.35%
  • Profit Growth **** -13.53%
  • Ebitda **** 49.03%
  • Net Worth 28.10%
  • Total Assets -0.23%
Company report

Promas Engineers Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Promas Engineers Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Promas Engineers Private Limited?
Current Directors
Name Designation Appointment Date Status
Vandana Balasaheb Gatkal Director 02 Mar 2005 Current
Akshay Anilkumar Aher Director 17 Oct 2015 Current
Balasaheb Babanrao Gatkal Director 01 Apr 2008 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 28 Oct 2016 Past
Pramod Abcsdd Director 02 Jan 2010 Past
Pramod Abcsdd Additional Director 30 Sep 2016 Past
Pramod Abcsdd Additional Director 30 Sep 2008 Past
Pramod Abcsdd Director 28 Oct 2016 Past

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Financial Performance of Promas Engineers.

Promas Engineers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 28.35% decrease. The company also saw a substantial fall in profitability, with a 13.53% decrease in profit. The company's net worth Soared by an impressive increase of 28.1%.

Promas Engineers revenue growth over time
Promas Engineers profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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-28.35%
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Revenue from Operations
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-28.64%
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Total Assets
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-0.23%
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*******
*******
Profit or Loss
*******
-13.53%
*******
*******
*******
*******
Net Worth
*******
28.10%
*******
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EBITDA
*******
49.03%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Promas Engineers?

In 2023, Promas Engineers had a public holding of 0.45%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹378,700,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Indian Overseas Bank : 37.87 Cr
Latest Charge Details
Date Lender Amount Status
23 Jul 2011 Indian Overseas Bank ₹12.32 Cr Open
23 Mar 2007 Indian Overseas Bank ₹10.60 Cr Open
12 May 2006 Indian Overseas Bank ₹14.95 Cr Open

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How Many Employees Work at Promas Engineers?

Unlock and access historical data on people associated with Promas Engineers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Promas Engineers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Promas Engineers's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Promas Engineers
Recent Activity within the Organization
  • Annual General Meeting

    Promas Engineers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Promas Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was completed.

  • Charges

    The activity A charge with Indian Overseas Bank of Rs. 14.95 Cr registered on 12 May 2006 with Charge ID 10003662 was modified on 16 Dec 2022. was completed.

  • Charges

    The activity A charge with Indian Overseas Bank of Rs. 12.32 Cr registered on 23 Jul 2011 with Charge ID 10305443 was modified on 24 Oct 2016. was completed.

  • Director Appointment

    The activity Akshay Anilkumar Aher was appointed as a Director was appointed as a Director on 17 Oct 2015 & has been associated with this company since 10 years 4 months . was completed.

  • Charges

    Progress on A charge with Indian Overseas Bank of Rs. 10.60 Cr registered on 23 Mar 2007 with Charge ID 10045638 was modified on 12 Sep 2013. was documented.

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Frequently Asked Questions
What is the CIN of Promas Engineers Private Limited?

The CIN of Promas Engineers Private Limited is U29100MH2005PTC151708.

Where is Promas Engineers Private Limited headquartered?

Promas Engineers Private Limited is headquartered at Promas House, Plot No. R-967, Ttc Industrial Area,Midc, Rabale,, Navi Mumbai, Maharashtra, 400701.

When was Promas Engineers Private Limited incorporated?

Promas Engineers Private Limited was incorporated on 02 March 2005.

Who are the current directors of Promas Engineers Private Limited?

The current directors of Promas Engineers Private Limited are

What is the primary industry of Promas Engineers Private Limited?

The primary industry of Promas Engineers Private Limited is Manufacturing.

Is Promas Engineers Private Limited a listed company?

Promas Engineers Private Limited is unlisted.

What is the capital structure of Promas Engineers Private Limited?

The authorized capital of Promas Engineers Private Limited is ₹1.00 Cr, and the paid-up capital is ₹7.48 M.

What is the compliance status of Promas Engineers Private Limited?

The compliance status of Promas Engineers Private Limited is Active Non-Compliant.

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