Prominence Electric (India) Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Palghar, Maharashtra, India, established in 1995.

1995 Palghar, Maharashtra, India Active

Last Updated: December 20, 2025

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About Prominence Electric (India) Private Limited

Prominence Electric (India) Private Limited, a active private limited company, was established on 04 May 1995 in Palghar, Maharashtra, India. Engaging in electronics manufacturing within the manufacturing sector, it holds CIN: U31100MH1995PTC088021. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹9.10 M and a paid-up capital of ₹9.05 M.

It upholds a compliant status. Its leadership includes Aneri Kushal Sanghvi (Director), Kushal Anil Sanghvi (Director). Past directors included Rajesh Kumar Lakhani, Shrikanwar Devi Radhakishan Lakhani, Bajrangdas Lakhani. It holds no open charges and ₹1.56 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No. 62, Dandekar Industrial Estate, Near Ambika Udyog, Old Satpati Road, Shr, Igaon, Palghar, Maharashtra, 401407.

Company Details

CIN/LLPIN
U31100MH1995PTC088021
Registration Number
088021
Incorporation Date
04 May 1995
Authorized Capital
₹9.10 M
Paid-Up Capital
₹9.05 M
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 9.10 M as on 20-12-2025
Paid Up Capital ₹ 9.05 M as on 20-12-2025
Company Age 30 Year, 9 Months
Last Filing with ROC 31 Mar 2024
Satisfied Charges ₹ 1.56 Cr as on 20-12-2025
Revenue Growth **** -97.30% (FY 2022)
Profit Growth **** 91.71% (FY 2022)
Ebitda **** 76.49% (FY 2022)
Net Worth -37.72% (FY 2022)
Total Assets -53.71% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Prominence Electric (India) 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 Prominence Electric (India) Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Aneri Kushal Sanghvi	Director	30 Oct 2021	Current
Kushal Anil Sanghvi	Director	30 Oct 2021	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	08 Nov 2021	Past
Pramod Abcsdd	Director	16 Aug 2012	Past
Pramod Abcsdd	Director	08 Nov 2021	Past

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Financial Performance of Prominence Electric (India).

Prominence Electric (India) Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 97.3% decrease. The company also saw a substantial improvement in profitability, with a 91.71% increase in profit. The company's net worth observed a substantial decline by a decrease of 37.72%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

-97.30%

*******

Revenue from Operations

*******

-97.30%

*******

Total Assets

*******

-53.71%

*******

Profit or Loss

*******

91.71%

*******

Net Worth

*******

-37.72%

*******

EBITDA

*******

76.49%

*******

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What is the Ownership and Shareholding Structure of Prominence Electric (India)?

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Shareholding Pattern (FY 2024)

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

₹0

Satisfied Charges

₹15,600,000.00

Charges Breakdown by Lending Institutions

Small Industries Development Bank Of India : 0.65 Cr
State Bank Of India : 0.46 Cr
Sidbi : 0.45 Cr

Latest Charge Details

Date	Lender	Amount	Status
17 Jun 2015	Small Industries Development Bank Of India	₹2.50 M	Satisfied
04 Feb 2011	Small Industries Development Bank Of India	₹4.00 M	Satisfied
07 Sep 2009	Sidbi	₹4.50 M	Satisfied
11 Sep 1996	State Bank Of India	₹3.80 M	Satisfied
12 Aug 1996	State Bank Of India	₹0.80 M	Satisfied

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How Many Employees Work at Prominence Electric (India)?

Unlock and access historical data on people associated with Prominence Electric (India), 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Prominence Electric (India), 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 Prominence Electric (India)'s trajectory.

Rating

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Alerts

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 Prominence Electric (India)

Recent Activity within the Organization

Annual General Meeting

Progress on Prominence Electric (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.
30 Sep 2024
Balance Sheet

Prominence Electric (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.
31 Mar 2024
Director Appointment

The activity Aneri Kushal Sanghvi was appointed as a Director was appointed as a Director on 30 Oct 2021 & has been associated with this company since 4 years 3 months . was completed.
30 Oct 2021
Director Appointment

Progress on Kushal Anil Sanghvi was appointed as a Director was appointed as a Director on 30 Oct 2021 & has been associated with this company since 4 years 3 months . was documented.
30 Oct 2021
Charges

The activity A charge registered on 17 Jun 2015 via Charge ID 10576005 with Small Industries Development Bank Of India was fully satisfied on 05 Aug 2020. was completed.
05 Aug 2020
Charges

Progress on A charge registered on 04 Feb 2011 via Charge ID 10268278 with Small Industries Development Bank Of India was fully satisfied on 05 Aug 2020. was documented.
05 Aug 2020

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Frequently Asked Questions

What is the CIN of Prominence Electric (India) Private Limited?

The CIN of Prominence Electric (India) Private Limited is U31100MH1995PTC088021.

Where is Prominence Electric (India) Private Limited headquartered?

Prominence Electric (India) Private Limited is headquartered at Plot No. 62, Dandekar Industrial Estate, Near Ambika Udyog, Old Satpati Road, Shr, Igaon, Palghar, Maharashtra, 401407.

When was Prominence Electric (India) Private Limited incorporated?

Prominence Electric (India) Private Limited was incorporated on 04 May 1995.

Who are the current directors of Prominence Electric (India) Private Limited?

The current directors of Prominence Electric (India) Private Limited are

What is the primary industry of Prominence Electric (India) Private Limited?

The primary industry of Prominence Electric (India) Private Limited is Manufacturing.

Is Prominence Electric (India) Private Limited a listed company?

Prominence Electric (India) Private Limited is unlisted.

What is the capital structure of Prominence Electric (India) Private Limited?

The authorized capital of Prominence Electric (India) Private Limited is ₹9.10 M, and the paid-up capital is ₹9.05 M.

What is the compliance status of Prominence Electric (India) Private Limited?

The compliance status of Prominence Electric (India) Private Limited is Compliant.

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