Promise Management Systems Private Limited

Promise Management Systems Private Limited - business services in Pune, Maharashtra, India. Directors, charges & compliance details.
CIN U72200MH1992PTC066471 Incorporated 23 April 1992 ROC Pune HQ Pune, Maharashtra, India
Struck Off Private Limited Company business services
Data last updated
Revenue · FY 2020
₹12,067
▼ 48% YoY
Net loss · FY 2020
₹3.33 Lakh
Latest filing
EBITDA · FY 2020
-₹3.33 Lakh
Latest filing
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.02 Lakh
Issued & subscribed
Satisfied charges
₹1.5 Lakh
No open charges
Company age
34 yrs
Est. 1992
Directors on board
2
As per MCA filings

About Promise Management Systems Private Limited

Data last updated:

Promise Management Systems Private Limited was a private limited company based in Pune, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the management consultancy segment of the business services sector. It was incorporated on 23 April 1992.

The company was registered with the Registrar of Companies (ROC), Pune, under CIN U72200MH1992PTC066471.

The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.02 Lakh. It was led by directors Arun Murlidhar Deekshit and Shailaja Arun Deekshit.

Its last annual general meeting (AGM) was held on 30 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 5 Vatsal Apts Plot No 20S No 128/2 Kothrud, Pune, Maharashtra, India – 411029.

As per the financials filed for FY 2020, the company reported a revenue of ₹12,067, a decline of 48% compared to the previous year. For the same year it recorded a net loss of ₹3.33 Lakh and EBITDA of -₹3.33 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 31% over five years.

As per MCA filings, the company had satisfied charges of ₹1.5 Lakh on record.

Company details

CIN U72200MH1992PTC066471
Registration Number 066471
Incorporation Date 23 April 1992
ROC Pune
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant

CIN history

Promise Management Systems has one previous CIN (Corporate Identification Number): U29299MH1992PTC066471. The current CIN is U72200MH1992PTC066471, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72200MH1992PTC066471Current
U29299MH1992PTC066471Previous

Contact details

Promise Management Systems Private Limited's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    5 Vatsal Apts Plot No 20S No 128/2 Kothrud, Pune, Maharashtra, India – 411029
  • Industry
    Business Services, Management Consultancy

To see the full contact details of Promise Management Systems Private Limited, buy the company report.

Comprehensive company report
Promise Management Systems Private Limited - one report that includes everything
  • 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
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Financials of Promise Management Systems Private Limited

FY 2020 filings available

Promise Management Systems Private Limited reported revenue of ₹12,067 (down 48% YoY) for FY 2020.

Revenue · FY 2020
₹12,067 ▼ 48%
Net loss · FY 2020
₹3.33 Lakh
EBITDA · FY 2020
-₹3.33 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 48%
3 years · compounded
▼ 51%
5 years · compounded
▼ 31%
EBITDA CAGR growth
1 year
▲ 57%
3 years · compounded
▲ 39%
5 years · compounded
▼ 77%

Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 48% fall in the latest year. EBITDA rose 57% 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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
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-₹3.33 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3.33 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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin
Net Profit Margin
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 Management Systems Private Limited, buy the company report.

Board of directors of Promise Management Systems Private Limited

Promise Management Systems has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Arun Murlidhar DeekshitDirector05 Apr 199432 Years 6 MonthsAs last reported
Shailaja Arun DeekshitDirector10 Jan 201313 Years 9 MonthsAs last reported

Auditor

Promise Management Systems Private Limited is audited by Nishikant V Badwe for the financial year 2017.

Auditor firmFinancial yearFirm registration number
Nishikant V BadweFY 201731637

Shareholding

The shareholding of Promise Management Systems Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Promise Management Systems Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹1.5 Lakh
Breakdown by lending institutions
The Karad Urban Co-Operative Bank Ltd₹0.02 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Aug 200290086154The Karad Urban Co-Operative Bank Ltd₹1.5 LakhSatisfied

To see the full charge records of Promise Management Systems Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Promise Management 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 Promise Management Systems Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Promise Management Systems Private Limited has 5 board changes on record since 1994: 2 appointments and 3 cessations. The latest: Shailaja Arun Deekshit ceased to be Additional Director on 30 Sep 2013.

AGM
Promise Management Systems Private Limited last Annual general meeting of members was held on 30 Sep 2020 as per latest MCA records.
Filing
Promise Management Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Pune.
Ceased
Shailaja Arun Deekshit ceased to be Additional Director.
Appointed
Shailaja Arun Deekshit was appointed as Director.
Ceased
Vijay Murlidhar Dixit ceased to be Director.
Ceased
Yashwant Ganesh Kulkarni ceased to be Director.
Charges
A charge registered on 09 Aug 2002 via Charge ID 90086154 with The Karad Urban Co-Operative Bank Ltd was fully satisfied on 29 May 2008.
Charges
A charge with The Karad Urban Co-Operative Bank Ltd of Rs. 1.50 Lakh registered on 09 Aug 2002 with Charge ID 90086154 was modified on 20 Nov 2002.
Charges
A charge with The Karad Urban Co-Operative Bank Ltd amounted to Rs. 1.50 Lakh with Charge ID 90086154 was registered on 09 Aug 2002.
Appointed
Arun Murlidhar Deekshit was appointed as Director.
Incorporation
23 Apr 1992
Promise Management Systems Private Limited was registered on 23 Apr 1992 with Roc Pune & aged 34 years 6 months as per MCA records.

Frequently asked questions

Promise Management Systems has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Promise Management Systems was a private limited company based in Pune, Maharashtra, India. The company worked in management consultancy, within the business services industry. It was incorporated on 23 April 1992 and is registered under CIN U72200MH1992PTC066471. The company has been struck off by the Registrar of Companies and is no longer operational.

Promise Management Systems had 2 directors:

The CIN (Corporate Identification Number) of Promise Management Systems is U72200MH1992PTC066471. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Promise Management Systems is at 5 Vatsal Apts Plot No 20S No 1282 Kothrud, Pune, Maharashtra, India – 411029.

Promise Management Systems was incorporated on 23 April 1992. It is registered with the Registrar of Companies, Pune.

The latest financial statements of Promise Management Systems on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 September 2020. Year-wise statements from 2015 are in the company report.

Promise Management Systems operated in the business services industry, in the management consultancy segment. It worked in this industry before it was struck off.

Shailaja Arun Deekshit ceased to be Additional Director on 30 Sep 2013. Shailaja Arun Deekshit was appointed as Director on 10 Jan 2013. Vijay Murlidhar Dixit ceased to be Director on 10 Jan 2013. Promise Management Systems has 5 board changes on record in total.

Promise Management Systems has no open charges and satisfied charges of ₹1.5 Lakh as per latest MCA filings.