- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0162166

About Prominence Systems Private Limited
Data last updated:
Prominence Systems Private Limited is a private limited company based in Bhosari, Maharashtra, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 21 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29150PN2020PTC189272.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Milind Rangnath Sawant and Umesh Sukhadeo Rayate.
Its last annual general meeting (AGM) was held on 31 December 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Milkat No. 57/2/57 Shanti Nagar Colony No.2, Bhosari, Maharashtra, India – 411039.
As per the financials filed for FY 2021, the company reported a revenue of ₹16.41 Lakh. For the same year it recorded a net profit of ₹1.41 Lakh (net margin 8.6%) and EBITDA of ₹1.66 Lakh (EBITDA margin 10.1%).
Prominence Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0162166). For more details, the company can be reached via its website prominence.co.in.
Company details
Recognitions & Rankings of Prominence Systems
Contact details
Prominence Systems Private Limited's registered office is in Bhosari, Maharashtra. Its website is prominence.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMilkat No. 57/2/57 Shanti Nagar Colony No.2, Bhosari, Maharashtra, India – 411039
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Prominence Systems Private Limited, buy the company report.
- 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
Business activity
The main business activity of Prominence Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Prominence Systems Private Limited, buy the company report.
Financials of Prominence Systems Private Limited
FY 2021 filings availableProminence Systems Private Limited reported revenue of ₹16.41 Lakh for FY 2021.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹16.41 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹1.66 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹1.41 Lakh | |
| 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
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 10.1% | |
| Net Profit Margin | 8.6% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
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| 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 Prominence Systems Private Limited, buy the company report.
Board of directors of Prominence Systems Private Limited
Prominence Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Milind Rangnath Sawant Also directs: Medicaliber LLP, DRS Packaging Solutions Private Limited | Director | 21 Jan 2020 | 6 Years 9 Months | Current |
| Umesh Sukhadeo Rayate Also directs: Medicaliber LLP, DRS Packaging Solutions Private Limited | Director | 21 Jan 2020 | 6 Years 9 Months | Current |
Auditor
Prominence Systems Private Limited is audited by J P L AND ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J P L AND ASSOCIATES | FY 2021 | 132748W |
Shareholding
The shareholding of Prominence Systems Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Prominence Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Prominence Systems Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prominence Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Prominence Systems Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Prominence Systems Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Milind Rangnath Sawant was appointed as Director on 21 Jan 2020.
Frequently asked questions
Prominence Systems is an active private limited company based in Bhosari, Maharashtra, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 21 January 2020 (6+ years old) and is registered under CIN U29150PN2020PTC189272.
Prominence Systems has 2 current directors:
- Milind Rangnath Sawant - Director
- Umesh Sukhadeo Rayate - Director
The latest financial statements of Prominence Systems on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 31 December 2021. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Prominence Systems is U29150PN2020PTC189272. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prominence Systems was incorporated on 21 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
Milind Rangnath Sawant was appointed as Director on 21 Jan 2020. Umesh Sukhadeo Rayate was appointed as Director on 21 Jan 2020.
Yes, Prominence Systems is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0162166).
Prominence Systems can be reached through the website prominence.co.in. Its registered office is in Bhosari, Maharashtra, India.
The registered office of Prominence Systems is at Milkat No. 57257 Shanti Nagar Colony No.2, Bhosari, Maharashtra, India – 411039.
Prominence Systems operates in the machinery and equipment industry, in the material handling and storage equipment segment.