About Promising Designs Private Limited
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Promising Designs Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 21 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U93000PN2014PTC150716. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kiran Dhananjay Kulkarni and Jayanta Vinayak Pawar.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at B44A Room No. 5 Bibvewadi Upper, Pune, Maharashtra, India – 411037.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.45 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹5.36 Lakh (net margin 3.7%) and EBITDA of ₹12.16 Lakh (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years.
The company is associated with 1 brand: Promising Designs.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website promising.co.in.
Company details
Contact details
Promising Designs Private Limited's registered office is in Pune, Maharashtra. Its website is promising.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB44A Room No. 5 Bibvewadi Upper, Pune, Maharashtra, India – 411037
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Promising Designs 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
Promising Designs operates one associated brand: Promising Designs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An agency providing branding, digital marketing, PR, and related services. | promising.co.in |
Business activity
The main business activity of Promising Designs is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R1 | Creative, arts and entertainment activities |
To see the full business activity and turnover split of Promising Designs Private Limited, buy the company report.
Financials of Promising Designs Private Limited
FY 2018 filings availablePromising Designs Private Limited reported revenue of ₹1.45 Cr (up 8% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over three years, including 8% growth in the latest year. EBITDA fell 49% 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹1.45 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
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| Total Expenses | ||||
| EBITDA | ₹12.16 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹5.36 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 8.4% | |||
| Net Profit Margin | 3.7% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Promising Designs Private Limited, buy the company report.
Board of directors of Promising Designs Private Limited
Promising Designs 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 |
|---|---|---|---|---|
| Kiran Dhananjay Kulkarni Also directs: Promising Designs Studio Private Limited | Director | 21 Feb 2014 | 12 Years 8 Months | Current |
| Jayanta Vinayak Pawar Also directs: Promising Designs Studio Private Limited | Director | 21 Feb 2014 | 12 Years 8 Months | Current |
Auditor
Promising Designs Private Limited is audited by SHIVANAND NALWADE AND CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHIVANAND NALWADE AND CO | FY 2018 | 135032W |
Shareholding
The shareholding of Promising Designs Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Promising Designs Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Promising Designs 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 Promising Designs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Promising Designs 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 Promising Designs Private Limited, buy the company report.
Recent activity
Promising Designs Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Abhijeet Nathuram Bhandare ceased to be Director on 24 Mar 2018.
Frequently asked questions
Promising Designs is an active private limited company based in Pune, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 21 February 2014 (12+ years old) and is registered under CIN U93000PN2014PTC150716.
Promising Designs has 2 current directors:
- Kiran Dhananjay Kulkarni - Director
- Jayanta Vinayak Pawar - Director
The latest financial statements of Promising Designs on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Promising Designs has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Promising Designs is U93000PN2014PTC150716. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Promising Designs was incorporated on 21 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.
Abhijeet Nathuram Bhandare ceased to be Director on 24 Mar 2018. Jayanta Vinayak Pawar was appointed as Director on 21 Feb 2014. Kiran Dhananjay Kulkarni was appointed as Director on 21 Feb 2014.
Promising Designs can be reached through the website promising.co.in. Its registered office is in Pune, Maharashtra, India.
The registered office of Promising Designs is at B44A Room No. 5 Bibvewadi Upper, Pune, Maharashtra, India – 411037.
Promising Designs operates in the travel and hospitality industry, in the consumer professional services segment.
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