Promise Capital Services Limited
About Promise Capital Services Limited
Data last updated:
Promise Capital Services Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 14 August 1995.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH1995PLC091752.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹46.18 Lakh.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 23 R Jivraj Shamji Bldg.52/58 Babu Genu Road Kalbadevi, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2016, the company reported a revenue of ₹4.02 Lakh, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹13,919 (net margin 3.5%) and EBITDA of ₹23,740 (EBITDA margin 5.9%).
Company details
Contact details
Promise Capital Services Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address23 R Jivraj Shamji Bldg.52/58 Babu Genu Road Kalbadevi, Mumbai, Maharashtra, India – 400002
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Promise Capital Services 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
Financials of Promise Capital Services Limited
FY 2016 filings availablePromise Capital Services Limited reported revenue of ₹4.02 Lakh (up 26% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 26% in the latest year. EBITDA fell 26% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹4.02 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹23,740 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹13,919 | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 5.9% | |
| Net Profit Margin | 3.5% | |
| 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 | ||
To see the full financial statements and ratios of Promise Capital Services Limited, buy the company report.
Board of directors of Promise Capital Services Limited
Promise Capital Services has 4 former directors on record and no current directors listed.
Peer comparison
Promise Capital Services Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Capital Services, Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Total Furniture Solutions Private Limited | ₹4.03 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Duracon Financial Services Private Limited | ₹4.03 Lakh (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| Lionking Marketing Private Limited | ₹4.03 Lakh (FY 2024) | 26.0% | Patna, Bihar, India | |||
| Gyan Shree Industrial Consultants Private Limited | ₹4.03 Lakh (FY 2025) | -82.0% | New Delhi, Delhi, India | |||
| Gannayak Merchants Private Limited | ₹4.02 Lakh (FY 2025) | 8.0% | Kolkata, West Bengal, India | |||
| Promise Capital Services Limitedthis company | ₹4.02 Lakh (FY 2016) | ₹13,919 | 3.5% | 26.0% | Mumbai, Maharashtra, India | |
| Millenium Projects Private Limited | ₹4.01 Lakh (FY 2016) | 31.0% | Kolkata, West Bengal, India | |||
| Brihat Investment Private Limited | ₹4.01 Lakh (FY 2025) | -24.0% | Mumbai, Maharashtra, India | |||
| VNV Consultants Private Limited | ₹4 Lakh (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Diwansons Properties Private Limited | ₹4 Lakh (FY 2024) | 7.0% | Kolkata, West Bengal, India | |||
| Patrons Strategic India Private Limited | ₹4 Lakh (FY 2024) | 295.0% | Siwan, Bihar, India |
To see the full peer comparison of Promise Capital Services Limited, buy the company report.
Auditor
Promise Capital Services Limited is audited by N P LAHOTI & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N P LAHOTI & CO | FY 2016 | 105512W |
Shareholding
The shareholding of Promise Capital Services Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Promise Capital Services Limited, buy the company report.
Legal cases
No court or tribunal cases involving Promise Capital Services 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 Promise Capital Services 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 Promise Capital Services Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Promise Capital Services Limited has 4 board changes on record since 2016: 0 appointments and 4 cessations. The latest: Mahendra Himmatmal Parmar ceased to be Director on 04 Apr 2017.
Frequently asked questions
Promise Capital Services has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Promise Capital Services was a public limited company based in Mumbai, Maharashtra, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 14 August 1995 and is registered under CIN U67190MH1995PLC091752. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Promise Capital Services is U67190MH1995PLC091752. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Promise Capital Services was incorporated on 14 August 1995. It is registered with the Registrar of Companies, Mumbai.
The registered office of Promise Capital Services is at 23 R Jivraj Shamji Bldg.5258 Babu Genu Road Kalbadevi, Mumbai, Maharashtra, India – 400002.
The latest financial statements of Promise Capital Services on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
Promise Capital Services operated in the financial services industry, in the diversified financial services segment.
The peers of Promise Capital Services by revenue are Total Furniture Solutions Private Limited, Duracon Financial Services Private Limited, Lionking Marketing Private Limited, Gyan Shree Industrial Consultants Private Limited, Gannayak Merchants Private Limited and 5 more, all in the BFSI industry (Capital Services, Other Financial Services).
Mahendra Himmatmal Parmar ceased to be Director on 04 Apr 2017. Mayuri Akshay Parmar ceased to be Director on 04 Apr 2017. Prafulla Mahendra Parmar ceased to be Director on 04 Apr 2017. Promise Capital Services has 4 board changes on record in total.
Promise Capital Services can be reached at its registered office: 23 R Jivraj Shamji Bldg.5258 Babu Genu Road Kalbadevi, Mumbai, Maharashtra, India – 400002.
Promise Capital Services is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.
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