MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0107903
Promethean Spenta Technologies Private Limited - machinery and equipment in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹28.65 Cr
▼ 7% YoY
Net loss · FY 2025
₹6.96 Cr
Net margin -24.3%
EBITDA · FY 2025
-₹4.74 Cr
EBITDA margin -16.6%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹13.4 Lakh
Issued & subscribed
Open charges
₹20.5 Cr
Satisfied ₹8.53 Cr
Company age
22 yrs
Est. 2004
Directors on board
4
As per MCA filings
About Promethean Spenta Technologies Private Limited
Data last updated:
Promethean Spenta Technologies Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Promethean Power System Inc. Usa. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 05 November 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29191PN2004PTC183956. Its GSTIN is 27AAICS9355F1ZY (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹13.4 Lakh. It was formerly known as Spenta Refrigeration Private Limited. It is led by directors including Jofi Pedickattukunnel Joseph (Managing Director) and Sorin Grama.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at H. No. 1021 A/P Man Village Man Taluka Mulshi Hinjawadi Phase – 1, Pune, Maharashtra, India – 411057.
As per the financials filed for FY 2025, the company reported a revenue of ₹28.65 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹6.96 Cr (net margin -24.3%) and EBITDA of -₹4.74 Cr (EBITDA margin -16.6%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 11% over five years.
The company is associated with 1 brand: Promethean Power Systems. As per MCA filings, the company has open charges of ₹20.5 Cr and satisfied charges of ₹8.53 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending. The company has 9 deals on record (4 secondary share transfers, 3 rights issues, 2 funding rounds), with disclosed funding of ₹2.72 Cr; the latest was in February 2021. Its 10 peer companies in the Machinery and Equipment industry (Agro Retail and Distribution, Food and Beverages Retail and Distribution, Industrial Products Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Vrika Organic Foods Private Limited with revenue of ₹28.68 Cr. The company has 3 MSME Form 1 returns on record between 2019 and 2020, listing 16 overdue payments to 13 micro and small suppliers.
Promethean Spenta Technologies Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0107903). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website coolectrica.com.
Company Details of Promethean Spenta Technologies Private Limited
CIN U29191PN2004PTC183956
Registration Number 183956
Incorporation Date 05 November 2004
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Promethean Power System Inc. Usa
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-26-0107903
CIN History of Promethean Spenta Technologies Private Limited
Promethean Spenta Technologies has one previous CIN (Corporate Identification Number): U29191MH2004PTC149431. The current CIN is U29191PN2004PTC183956, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29191PN2004PTC183956 | Current |
| U29191MH2004PTC149431 | Previous |
Key People
Jofi Pedickattukunnel Joseph Managing Director Sorin Grama Director Samuel White Director Recognitions & Rankings of Promethean Spenta Technologies
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressH. No. 1021 A/P Man Village Man Taluka Mulshi Hinjawadi Phase – 1, Pune, Maharashtra, India – 411057
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment, Industrial Machinery Manufacturing
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Associated Brands with Promethean Spenta Technologies Private Limited
Promethean Spenta Technologies operates one associated brand: Promethean Power Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies cold storage and milk chilling equipment for dairy industry | coolectrica.com |
Business Activity of Promethean Spenta Technologies Private Limited
The main business activity of Promethean Spenta Technologies is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Promethean Spenta Technologies Private Limited FY 2025 filings available
Promethean Spenta Technologies Private Limited reported revenue of ₹28.65 Cr (down 7% YoY) for FY 2025.
Revenue · FY 2025
₹28.65 Cr ▼ 7%
Net loss · FY 2025
₹6.96 Cr margin -24.3%
EBITDA · FY 2025
-₹4.74 Cr margin -16.6%
Compounded Annual Growth Rate (CAGR) of Promethean Spenta Technologies Private Limited
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 1%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▼ 90%
5 years · compounded
▼ 90%
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA rose 7% 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 of Promethean Spenta Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹4.74 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.96 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 of Promethean Spenta Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -16.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -24.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Promethean Spenta Technologies are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Promethean Spenta Technologies Private Limited
Promethean Spenta Technologies has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sorin Grama | Director | 27 Jun 2012 | 14 Years 3 Months | Current |
| Samuel White | Director | 27 Jun 2012 | 14 Years 3 Months | Current |
| Jofi Pedickattukunnel Joseph | Managing Director | 26 Sep 2019 | 7 Years 0 Months | Current |
| Jitendra Bakorbhai Ghelani | Director | 01 Dec 2018 | 7 Years 10 Months | Current |
Peer Comparison of Promethean Spenta Technologies Private Limited
Promethean Spenta Technologies Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Agro Retail and Distribution, Food and Beverages Retail and Distribution, Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vrika Organic Foods Private Limited | ₹28.68 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Amritsar, Punjab, India |
| Santo Protectors Private Limited | ₹28.67 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Guru Nanak Milk Products Private Limited | ₹28.67 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Ferozepur, Punjab, India |
| Vaijnath Milk and Milk Products Producer Company Limited | ₹28.66 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Gadhinglaj, Maharashtra, India |
| Yuvraj Overseas Private Limited | ₹28.66 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Ludhiana, Punjab, India |
| Promethean Spenta Technologies Private Limited this company | ₹28.65 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Pune, Maharashtra, India |
| Bachmann Industries India Limited | ₹28.64 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| Arvind Rub-Web Controls Limited | ₹28.63 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Ahmedabad, Gujarat, India |
| Adithya Commercials (India) Private Limited | ₹28.63 Cr (FY 2025) | •••• | •••• | 792.0% | •••• | Eluru, Andhra Pradesh, India |
| Sri Sambasiva Dairy Products (India) Private Limited | ₹28.61 Cr (FY 2024) | •••• | •••• | -68.0% | •••• | Hyderabad, Telangana, India |
| Ius Equipments Private Limited | ₹28.61 Cr (FY 2024) | •••• | •••• | 70.0% | •••• | Navi Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Promethean Spenta Technologies by revenue in the Machinery and Equipment industry (Agro Retail and Distribution, Food and Beverages Retail and Distribution, Industrial Products Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Promethean Spenta Technologies Private Limited
Promethean Spenta Technologies Private Limited is audited by S.M.Suratwala & Co. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.M.Suratwala & Co. | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Promethean Spenta Technologies Private Limited
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Charges & Borrowings of Promethean Spenta Technologies Private Limited
Open charges
₹20.5 Cr
Satisfied charges
₹8.53 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Mar 2025 | Others | ₹8 Cr | Open |
| 30 Jan 2024 | Others | ₹2 Cr | Open |
| 16 Dec 2021 | Others | ₹1.5 Cr | Open |
| 27 Aug 2021 | Others | ₹4 Cr | Open |
| 26 Sep 2019 | Others | ₹5 Cr | Open |
Total charge records: 11 View all charges
Deals & Funding of Promethean Spenta Technologies Private Limited
Promethean Spenta Technologies Private Limited has 9 deals on record (4 secondary share transfers, 3 rights issues, 2 funding rounds), with disclosed funding of ₹2.72 Cr; the latest was in February 2021.
Total deals
9
Secondary share transfers
4
Rights issues
3
Funding rounds
2
Disclosed funding
₹2.72 Cr
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2021 | Rights issue | ₹80 Lakh | Investors: Promethean Power Systems Inc |
| Nov 2019 | Rights issue | ₹4.62 Cr | Investors: Promethean Power Systems Inc |
| Oct 2019 | Secondary share transfer | Undisclosed | Buyer: Promethean Power Systems Inc Seller: Chirag Ice Factory Private Limited |
| May 2018 | Rights issue | ₹2.57 Cr | Investors: Promethean Power Systems Inc |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Chirag Ice Factory Private Limited , Promethean Power Systems Inc Seller: 2 individuals |
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Full deal history
All 9 deals with amounts, valuations, instruments and every party are in the company report.
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Legal Cases of Promethean Spenta Technologies Private Limited
Promethean Spenta Technologies Private Limited has 2 court cases on record: 2 filed by Promethean Spenta Technologies. All cases are pending. Status as checked between 30 Sep 2026 and 01 Oct 2026.
Total cases
2
Filed by the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Icici Bank Limited | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Radhakishan Milk and Milk Products Private Limited | Pending |
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Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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MSME Payment Delays by Promethean Spenta Technologies Private Limited
Promethean Spenta Technologies Private Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 16 overdue payments to 13 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| A to Z Express Goods Carriers India Private Limited | •••• | •••• | •••• |
| Span Associates | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Promethean Spenta Technologies Private Limited
Employment history and EPFO contributions of people linked to Promethean Spenta Technologies.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Promethean Spenta Technologies Private Limited
Promethean Spenta Technologies Private Limited has 14 board changes on record since 2012: 4 appointments and 10 cessations. The latest: Ambarish Ashok Vaidya ceased to be Additional Director on 30 Sep 2019.
Charges
A charge registered on 12 Aug 2020 via Charge ID 100380557 with Others was fully satisfied on 14 Oct 2025.
Charges
A charge registered on 07 Dec 2020 via Charge ID 100445511 with Others was fully satisfied on 08 Oct 2025.
Charges
A charge registered on 16 Apr 2019 via Charge ID 100264077 with Others was fully satisfied on 08 Oct 2025.
Charges
A charge registered on 27 Sep 2018 via Charge ID 100226571 with Others was fully satisfied on 08 Oct 2025.
Charges
A charge registered on 24 Sep 2018 via Charge ID 100212793 with Others was fully satisfied on 08 Oct 2025.
AGM
Promethean Spenta Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 29 Dec 2023 via Charge ID 100854010 with Others was fully satisfied on 24 Sep 2025.
Filing
Promethean Spenta Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Others amounted to Rs. 800.00 Lakh with Charge ID 101072624 was registered on 07 Mar 2025.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100864387 was registered on 30 Jan 2024.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 100854010 was registered on 29 Dec 2023.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 100531464 was registered on 16 Dec 2021.
22 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Promethean Spenta Technologies Private Limited
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Subsidiaries & Group Companies of Promethean Spenta Technologies Private Limited
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Corporate group structure
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GST Compliance of Promethean Spenta Technologies Private Limited
Promethean Spenta Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICS9355F1ZY | Maharashtra | Active | 01 Jul 2017 |
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MCA Filings & Documents of Promethean Spenta Technologies Private Limited
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MCA filings and documents
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Related news about Promethean Spenta Technologies Private Limited
Frequently Asked Questions about Promethean Spenta Technologies Private Limited
Promethean Spenta Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 05 November 2004 (22+ years old) and is registered under CIN U29191PN2004PTC183956.
Promethean Spenta Technologies reported revenue of ₹28.65 Cr for FY 2025 (down 7% YoY).
Promethean Spenta Technologies has 4 current directors:
- Jofi Pedickattukunnel Joseph - Managing Director
- Sorin Grama - Director
- Samuel White - Director
- Jitendra Bakorbhai Ghelani - Director
Promethean Spenta Technologies reported a net loss of ₹6.96 Cr (net margin -24.3%) and EBITDA of -₹4.74 Cr (EBITDA margin -16.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Promethean Spenta Technologies is 1% over three years and 11% over five years. In the latest year (FY 2025) revenue fell 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Promethean Spenta Technologies is 27AAICS9355F1ZY, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Promethean Spenta Technologies is U29191PN2004PTC183956. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Promethean Spenta Technologies has 2 court cases on record: 2 filed by the company. 2 are pending.
Promethean Spenta Technologies was incorporated on 05 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Pune.
Promethean Spenta Technologies has 9 deals on record (4 secondary share transfers, 3 rights issues, 2 funding rounds), with disclosed funding of ₹2.72 Cr; the latest was in February 2021.
The peers of Promethean Spenta Technologies by revenue are Vrika Organic Foods Private Limited, Santo Protectors Private Limited, Guru Nanak Milk Products Private Limited, Vaijnath Milk and Milk Products Producer Company Limited, Yuvraj Overseas Private Limited and 5 more, all in the Machinery and Equipment industry (Agro Retail and Distribution, Food and Beverages Retail and Distribution, Industrial Products Manufacturers).
Ambarish Ashok Vaidya ceased to be Additional Director on 30 Sep 2019. Jitendra Bakorbhai Ghelani ceased to be Additional Director on 30 Sep 2019. Jofi Pedickattukunnel Joseph ceased to be Additional Director on 30 Sep 2019. Promethean Spenta Technologies has 14 board changes on record in total.