Promtech Chemicals Private Limited
About Promtech Chemicals Private Limited
Data last updated:
Promtech Chemicals 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 medicinal chemical and botanical products segment of the chemicals sector. It was incorporated on 02 January 1997.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U24299MH1997PTC104856. The company has 1 GST registration on record, which is no longer active.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 ₹5 Lakh. It was led by directors Prasad Madhukar Deshpande and Manohar Sadashiv Dixit.
Its last annual general meeting (AGM) was held on 31 July 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at S. No 247 Plot No – 5 Flat No – 3 Ganesh Nagar Chinchwad, Pune, Maharashtra, India – 411033.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.58 Lakh, a growth of 101% compared to the previous year. For the same year it recorded a net loss of ₹4.69 Lakh (net margin -297.2%) and EBITDA of -₹4.69 Lakh (EBITDA margin -297.1%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 67% over five years.
Company details
Contact details
Promtech Chemicals Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS. No 247 Plot No – 5 Flat No – 3 Ganesh Nagar Chinchwad, Pune, Maharashtra, India – 411033
- IndustryChemicals, Medicinal Chemical & Botanical Products, Pharmaceuticals, Chemical Products
To see the full contact details of Promtech Chemicals 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
Business activity
The main business activity of Promtech Chemicals is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
Financials of Promtech Chemicals Private Limited
FY 2019 filings availablePromtech Chemicals Private Limited reported revenue of ₹1.58 Lakh (up 101% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 101% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 67%. EBITDA fell 205% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹4.69 Lakh | ||||
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| Net Profit (PAT) | -₹4.69 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | -297.1% | ||||
| Net Profit Margin | -297.2% | ||||
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To see the full financial statements and ratios of Promtech Chemicals Private Limited, buy the company report.
Board of directors of Promtech Chemicals Private Limited
Promtech Chemicals has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasad Madhukar Deshpande | Director | 25 Sep 2017 | 9 Years 1 Months | As last reported |
| Manohar Sadashiv Dixit | Director | 02 Jan 1997 | 29 Years 10 Months | As last reported |
Peer comparison
Promtech Chemicals Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Monish Biotech Private Limited | ₹1.59 Lakh (FY 2016) | Jaipur, Rajasthan, India | ||||
| Symtech Insecticide India Private Limited | ₹1.59 Lakh (FY 2016) | -93.0% | Gram Bedia, Madhya Pradesh, India | |||
| Uben Pharmatech Private Limited | ₹1.58 Lakh (FY 2024) | -94.0% | Ahmedabad, Gujarat, India | |||
| Pile Magic India Private Limited | ₹1.58 Lakh (FY 2024) | -16.0% | Alappuzha, Kerala, India | |||
| Regency Biocare Private Limited | ₹1.58 Lakh (FY 2024) | -67.0% | Paonta Sahib, Himachal Pradesh, India | |||
| Promtech Chemicals Private Limitedthis company | ₹1.58 Lakh (FY 2019) | -₹4.69 Lakh | -297.2% | 101.0% | Pune, Maharashtra, India | |
| MSK Products Private Limited | ₹1.58 Lakh (FY 2025) | 1229.0% | Hosur, Tamil Nadu, India | |||
| Bekim Pharmaceuticals Private Limited | ₹1.57 Lakh (FY 2016) | -52.0% | Kudason Gandhinagar, Gujarat, India | |||
| Dnipro Industries Private Limited | ₹1.57 Lakh (FY 2024) | -92.0% | Delhi, India | |||
| Jagabandhu Agarbati Private Limited | ₹1.56 Lakh (FY 2024) | -70.0% | Bhadrak, Odisha, India | |||
| Cogniprey Pharmaceuticals Private Limited | ₹1.56 Lakh (FY 2024) | Virar, Maharashtra, India |
To see the full peer comparison of Promtech Chemicals Private Limited, buy the company report.
Auditor
Promtech Chemicals Private Limited is audited by SANTOSHKUMAR S RANKA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANTOSHKUMAR S RANKA | FY 2017 | 106340 |
Shareholding
The shareholding of Promtech Chemicals 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 category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Promtech Chemicals Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Promtech Chemicals 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 Promtech Chemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Promtech Chemicals 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 Promtech Chemicals Private Limited, buy the company report.
Recent activity
Promtech Chemicals Private Limited has 5 board changes on record since 1997: 2 appointments and 3 cessations. The latest: Pradeep Udhav Vaidya ceased to be Director on 15 Apr 2019.
Frequently asked questions
Promtech Chemicals 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.
Promtech Chemicals was a private limited company based in Pune, Maharashtra, India. The company worked in medicinal chemical and botanical products, within the chemicals industry. It was incorporated on 02 January 1997 and is registered under CIN U24299MH1997PTC104856. The company has been struck off by the Registrar of Companies and is no longer operational.
Promtech Chemicals had 2 directors:
- Prasad Madhukar Deshpande - Director
- Manohar Sadashiv Dixit - Director
The CIN (Corporate Identification Number) of Promtech Chemicals is U24299MH1997PTC104856. 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 Promtech Chemicals is at S. No 247 Plot No – 5 Flat No – 3 Ganesh Nagar Chinchwad, Pune, Maharashtra, India – 411033.
Promtech Chemicals was incorporated on 02 January 1997. It is registered with the Registrar of Companies, Pune.
The latest financial statements of Promtech Chemicals on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 31 July 2019. Year-wise statements from 2015 are in the company report.
No. Promtech Chemicals has 1 GST registration on record and it is cancelled or inactive.
Promtech Chemicals operated in the chemicals industry, in the medicinal chemical and botanical products segment. It worked in this industry before it was struck off.
The peers of Promtech Chemicals by revenue are Monish Biotech Private Limited, Symtech Insecticide India Private Limited, Uben Pharmatech Private Limited, Pile Magic India Private Limited, Regency Biocare Private Limited and 5 more, all in the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Pradeep Udhav Vaidya ceased to be Director on 15 Apr 2019. Prasad Madhukar Deshpande was appointed as Director on 25 Sep 2017. Prasad Madhukar Deshpande ceased to be Director on 10 Apr 2014. Promtech Chemicals has 5 board changes on record in total.
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