Promises Instruments Pvt Ltd - Company Profile

It is a consumer electronics & durables private limited company based in Kolkata, West Bengal, India, established in 1995.
1995 Kolkata, West Bengal, India Active
Last Updated:
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About Promises Instruments Pvt Ltd

Promises Instruments Pvt Ltd, a active private limited company, was established on 17 February 1995 in Kolkata, West Bengal, India. Engaging in electronic appliances retail & distribution within the trade sector, it holds CIN: U17111WB1995PTC068457. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹5.50 M and a paid-up capital of ₹0.94 M.

Formerly known as Gbm Business Machines Private Limted. It upholds a compliant status. Its leadership includes Rishabh Bhatia (Additional Director), Manoj Bhatia (Director), Shalini Bhatia (Director). It holds ₹1.00 M open charges and ₹1.45 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 45 Shakespeare Sarani Shakespeare Sarani, Kolkata, West Bengal, 700017.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U17111WB1995PTC068457

  • Registration Number

    068457

  • Incorporation Date

    17 February 1995

  • Authorized Capital

    ₹5.50 M

  • Paid-Up Capital

    ₹0.94 M

  • ROC Code

    Roc Kolkata

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.50 M
  • Paid Up Capital ₹ 0.94 M
  • Company Age 31 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.00 M
  • Satisfied Charges ₹ 1.45 Cr
  • Revenue Growth **** -22.48%
  • Profit Growth **** -389.05%
  • Ebitda **** -79.37%
  • Net Worth -13.33%
  • Total Assets -16.55%
Company report

Promises Instruments Pvt Ltd

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Promises Instruments Pvt Ltd — 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 Promises Instruments Pvt Ltd?
Current Directors
Name Designation Appointment Date Status
Rishabh Bhatia Additional Director 14 Feb 2019 Current
Manoj Bhatia Director 17 Feb 1995 Current
Shalini Bhatia Director 25 Jun 2007 Current

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Financial Performance of Promises Instruments.

Promises Instruments Pvt Ltd, for the financial year ended 2021, experienced significant reduction in revenue, with a 22.48% decrease. The company also saw a substantial fall in profitability, with a 389.05% decrease in profit. The company's net worth observed a substantial decline by a decrease of 13.33%.

Promises Instruments revenue growth over time
Promises Instruments profit and loss trends over time
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
  • 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
********
 -22.48%
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*******
*******
Revenue from Operations
*******
 -25.69%
*******
*******
*******
*******
Total Assets
*******
 -16.55%
*******
*******
*******
*******
Profit or Loss
*******
 -389.05%
*******
*******
*******
*******
Net Worth
*******
 -13.33%
*******
*******
*******
*******
EBITDA
*******
 -79.37%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Promises Instruments?

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Shareholding Pattern (FY 2024)
shareholding
  • 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

₹1,000,000.00

Satisfied Charges

₹14,500,000.00

Charges Breakdown by Lending Institutions
  • Others : 0.10 Cr
Latest Charge Details
Date Lender Amount Status
20 Jul 2016 Others ₹1.00 M Open
13 Jul 2016 Others ₹1.00 Cr Satisfied
20 Sep 2004 The Karur Vysya Bank Ltd. ₹4.50 M Satisfied

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How Many Employees Work at Promises Instruments?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Promises Instruments
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Promises Instruments Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Promises Instruments Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata. was completed.

  • Charges

    A charge registered on 20 Sep 2004 via Charge ID 90246371 with The Karur Vysya Bank Ltd. was fully satisfied on 21 Oct 2021. was recorded as a recent event.

  • Director Appointment

    The activity Rishabh Bhatia was appointed as a Additional Director was appointed as a Additional Director on 14 Feb 2019 & has been associated with this company since 7 years 2 months . was completed.

  • Charges

    A charge registered on 13 Jul 2016 via Charge ID 100042135 with Others was fully satisfied on 12 Feb 2019. was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 1.00 M with Charge ID 100044631 was registered on 20 Jul 2016. was documented.

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Frequently Asked Questions
What is the CIN of Promises Instruments Pvt Ltd?

The CIN of Promises Instruments Pvt Ltd is U17111WB1995PTC068457.

Where is Promises Instruments Pvt Ltd headquartered?

Promises Instruments Pvt Ltd is headquartered at 45 Shakespeare Sarani Shakespeare Sarani, Kolkata, West Bengal, 700017.

When was Promises Instruments Pvt Ltd incorporated?

Promises Instruments Pvt Ltd was incorporated on 17 February 1995.

Who are the current directors of Promises Instruments Pvt Ltd?

The current directors of Promises Instruments Pvt Ltd are

What is the primary industry of Promises Instruments Pvt Ltd?

The primary industry of Promises Instruments Pvt Ltd is Trade.

Is Promises Instruments Pvt Ltd a listed company?

Promises Instruments Pvt Ltd is unlisted.

What is the capital structure of Promises Instruments Pvt Ltd?

The authorized capital of Promises Instruments Pvt Ltd is ₹5.50 M, and the paid-up capital is ₹0.94 M.

What is the compliance status of Promises Instruments Pvt Ltd?

The compliance status of Promises Instruments Pvt Ltd is Compliant.

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