About Promisec (India) Private Limited
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Promisec (India) Private Limited was a foreign private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Promisec Lmited. 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 games segment of the printing and publishing sector. It was incorporated on 29 March 2011.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72211MH2011FTC215492. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.11 Lakh. It was led by directors Shailendra Shyam Sahasrabudhe and Daniel Edward Ross.
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 1061 Level 1 Regus Trade Centre Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2016, the company reported a revenue of ₹2.46 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹23.46 Lakh (net margin 9.5%) and EBITDA of ₹34.83 Lakh (EBITDA margin 14.2%).
The company was associated with 1 brand: Promisec.
The last known website on record is promisec.com.
Company details
Contact details
Promisec (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is promisec.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1061 Level 1 Regus Trade Centre Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryPrinting & Publishing, Games, Software, Application Software, Publishing, System Software
To see the full contact details of Promisec (India) 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
Brands
Promisec (India) operates one associated brand: Promisec. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Clientless endpoint management software is provided for vulnerability detection. | promisec.com |
Business activity
The main business activity of Promisec (India) is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Promisec (India) Private Limited, buy the company report.
Financials of Promisec (India) Private Limited
FY 2016 filings availablePromisec (India) Private Limited reported revenue of ₹2.46 Cr (down 15% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year. EBITDA fell 10% 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 | ₹2.46 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹34.83 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹23.46 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 14.2% | |
| Net Profit Margin | 9.5% | |
| 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 Promisec (India) Private Limited, buy the company report.
Board of directors of Promisec (India) Private Limited
Promisec (India) has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailendra Shyam Sahasrabudhe | Director | 29 Mar 2011 | 15 Years 6 Months | As last reported |
| Daniel Edward Ross | Director | 17 Dec 2012 | 13 Years 10 Months | As last reported |
Peer comparison
Promisec (India) Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Krill Technologies Private Limited | ₹2.47 Cr (FY 2025) | 11.0% | Pune, Maharashtra, India | |||
| Hemp Organics Private Limited | ₹2.47 Cr (FY 2025) | 18.0% | Bengaluru, Karnataka, India | |||
| Ergobite Tech Solutions Private Limited | ₹2.46 Cr (FY 2024) | 8.0% | Pune, Maharashtra, India | |||
| Transs Technoconsultants Private Limited | ₹2.46 Cr (FY 2025) | -56.0% | Delhi, India | |||
| Xtremeheights Software Private Limited | ₹2.46 Cr (FY 2016) | Navi Mumbai, Maharashtra, India | ||||
| Promisec (India) Private Limitedthis company | ₹2.46 Cr (FY 2016) | ₹23.46 Lakh | 9.5% | -15.0% | Mumbai, Maharashtra, India | |
| Innojar Tech Private Limited | ₹2.45 Cr (FY 2024) | 13.0% | Jaipur, Rajasthan, India | |||
| Mobibox Softech Private Limited | ₹2.45 Cr (FY 2024) | 18.0% | Vapi, Gujarat, India | |||
| Netpuppys Technologies Private Limited | ₹2.45 Cr (FY 2024) | 333.0% | Gurgaon, Haryana, India | |||
| Vivid Infotech Software Solutions Private Limited | ₹2.45 Cr (FY 2024) | -22.0% | Chennai, Tamil Nadu, India | |||
| Speechlogix Technologies Private Limited | ₹2.45 Cr (FY 2024) | -28.0% | Aluva, Kerala, India |
To see the full peer comparison of Promisec (India) Private Limited, buy the company report.
Auditor
Promisec (India) Private Limited is audited by R N R IYER & CO. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R N R IYER & CO. | FY 2016 | 103786W |
Shareholding
The shareholding of Promisec (India) Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Promisec (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Promisec (India) 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 Promisec (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Promisec (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Promisec (India) Private Limited, buy the company report.
Recent activity
Promisec (India) Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Shailendra Shyam Sahasrabudhe ceased to be Director on 24 Jul 2017.
Frequently asked questions
Promisec (India) 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.
Promisec (India) was a foreign private limited company based in Mumbai, Maharashtra, India. The company worked in games, within the printing and publishing industry. It was incorporated on 29 March 2011 and is registered under CIN U72211MH2011FTC215492. The company has been struck off by the Registrar of Companies and is no longer operational.
Promisec (India) had 2 directors:
- Shailendra Shyam Sahasrabudhe - Director
- Daniel Edward Ross - Director
The CIN (Corporate Identification Number) of Promisec (India) is U72211MH2011FTC215492. 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 Promisec (India) is at 1061 Level 1 Regus Trade Centre Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
Promisec (India) was incorporated on 29 March 2011. It is registered with the Registrar of Companies, Mumbai.
Promisec (India) can be reached through the website promisec.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Promisec (India) 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.
No. Promisec (India) has 1 GST registration on record and it is cancelled or inactive.
Promisec (India) operated in the printing and publishing industry, in the games segment. It worked in this industry before it was struck off.
The peers of Promisec (India) by revenue are Krill Technologies Private Limited, Hemp Organics Private Limited, Ergobite Tech Solutions Private Limited, Transs Technoconsultants Private Limited, Xtremeheights Software Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).