Promoveo Consulting Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.10 M
- Company Age 17 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 2.40 M
- Revenue Growth -10.97%
- Profit Growth -281.11%
- Ebitda -54.06%
- Net Worth -30.48%
- Total Assets 15.92%
About Promoveo Consulting
Promoveo Consulting Private Limited (PCPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 October 2007 and has a history of 17 years and five months. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Business Outsourcing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.10 M.
The company has closed loans amounting to ₹2.40 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Narayanaswami Ramaswamy, Ganesan Raman, Ashok Dorairaja, and One other member serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74900TN2007PTC065065
- Company No.
065065
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Oct 2007
- Date of AGM
22 Jun 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Business Outsourcing
What products or services does Promoveo Consulting Private Limited offer?
Promoveo Consulting Private Limited offers a wide range of products and services, including Actuarial & Risk Management, Risk Management Services, IT, Networking & Automation Solution, IT Solutions, Business Auditing & Valuation, Valuation Services.
Who are the key members and board of directors at Promoveo Consulting?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Narayanaswami Ramaswamy  | Director | 11-Dec-2009 | Current |
| Ashok Dorairaja | Director | 09-Jan-2010 | Current |
| Ganesan Raman | Director | 09-Jan-2010 | Current |
Ram Ramamurthy  | Director | 10-Dec-2021 | Current |
Financial Performance of Promoveo Consulting.
Promoveo Consulting Private Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 10.97% decrease. The company also saw a substantial fall in profitability, with a 281.11% decrease in profit. The company's net worth observed a substantial decline by a decrease of 30.48%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Promoveo Consulting?
In 2018, Promoveo Consulting had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ucal Polymer Industries LimitedRam Ramamurthy is a mutual person
R.D.Electrocircuits Private LimitedRam Ramamurthy is a mutual person
Jayasuriya Aero Private LimitedRam Ramamurthy is a mutual person
Ucal LimitedRam Ramamurthy is a mutual person
Ucal - Jap Systems LimitedRam Ramamurthy is a mutual person
Avironix Private LimitedRam Ramamurthy is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹2.40 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 0.24 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Oct 2021 | Hdfc Bank Limited | ₹2.40 M | Satisfied |
How Many Employees Work at Promoveo Consulting?
Unlock and access historical data on people associated with Promoveo Consulting, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Promoveo Consulting, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Promoveo Consulting's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Promoveo Consulting
Recent activity within the organization
- Annual General Meeting
Promoveo Consulting Private Limited last Annual general meeting of members was held on 22 Jun 2024 as per latest MCA records.
- Charges
A charge registered on 29 Oct 2021 via Charge ID 100505851 with Hdfc Bank Limited was fully satisfied on 03 Jun 2024.
- Balance Sheet
Promoveo Consulting Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Ram Ramamurthy was appointed as a Director was appointed as a Director on 10 Dec 2021 & has been associated with this company since 3 years 3 months .
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.40 M with Charge ID 100505851 was registered on 29 Oct 2021.
- Director Appointment
Ganesan Venkata Raman was appointed as a Director was appointed as a Director on 09 Jan 2010 & has been associated with this company since 15 years 2 months .
Frequently asked questions
What is the Incorporation or founding date of Promoveo Consulting Private Limited?
Promoveo Consulting Private Limited was incorporated on 16 Oct 2007.
What is authorized share capital and paid-up capital of Promoveo Consulting Private Limited?
The authorized share capital of Promoveo Consulting Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Promoveo Consulting Private Limited?
Currently 4 directors are associated with Promoveo Consulting Private Limited.
- Narayanaswami Ramaswamy
- Ganesan Venkata Raman
- Ashok Dorairaja
- Ram Ramamurthy
What is the registered address of Promoveo Consulting Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Promoveo Consulting Private Limited is Old No.62 New No.123 Jammi Building (Second Floor) Royapettah High Road My Lapore, India, Chennai, Tamil Nadu, 600004.
What is the corporate identification number (CIN) and company number of Promoveo Consulting Private Limited?
The corporate identification number (CIN) of Promoveo Consulting Private Limited is U74900TN2007PTC065065 and the company number is 065065 as per Ministry of Corporate Affairs (MCA).
What is the official website of Promoveo Consulting Private Limited?
The Official website of Promoveo Consulting Private Limited is https://www.gbaconsulting.in
What has been the recent revenue trend for Promoveo Consulting Private Limited?
According to the financial reports for the fiscal year 2018, the revenue trend for Promoveo Consulting Private Limited has fallen by -10.97%.
What change has been observed in the net worth of Promoveo Consulting Private Limited, and by what percentage?
The financial reports for the fiscal year 2018 indicates that The net worth of Promoveo Consulting Private Limited has experienced an downturn of -30.48%.
When was the last Balance Sheet of Promoveo Consulting Private Limited filed with the ROC?
The most recent Balance Sheet for Promoveo Consulting Private Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
Rajagopalan BalasubramanyanDirectorGB
Gopalan BalasubramanyanDirector