Primove Engineering Private Limited

Develops innovative technologies to convert waste into Bio-CNG for transportation and industrial use.

2008 | Pune City, Maharashtra (India) | Active
Last Updated:

Primove Engineering Profile

Key Indicators

  • Authorised Capital ₹ 4.51 Cr
  • Paid Up Capital ₹ 3.89 Cr
  • Company Age 16 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.37 Cr
  • Revenue Growth 283.55%
  • Profit Growth -2656.65%
  • Ebitda -1487.51%
  • Net Worth -44.53%
  • Total Assets 88.28%

About Primove Engineering

Primove Engineering Private Limited (PEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 July 2008 and has a history of 16 years and ten months. Its registered office is in Pune City, Maharashtra, India.

The Company is engaged in the Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 4.51 Cr and a paid-up capital of Rs 3.89 Cr.

The company currently has active open charges totaling ₹1.37 Cr.

Atul Akolkar, Bageshri Kshirsagar, Vasant Joshi, and Three other members serve as directors at the Company.

Company Details

  • Location

    Pune City, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74200PN2008PTC132348

  • Company No.

    132348

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jul 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Environment
Engineering

What products or services does Primove Engineering Private Limited offer?

Primove Engineering Private Limited offers a wide range of products and services, including Project Finance Consultants, Corporate Financial Consultants, Mosquito & Insect Repellent, Mosquito Killer, Oxygen & Nitrogen Gas Plants, Cylinder Filling Plants, Gas Cylinders and Accessories, LPG Cylinder Accessories, Annual Maintenance Contract Services, Maintenance Contractors.

Company report

Primove Engineering Private Limited

Explore comprehensive data for Primove Engineering Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Primove Engineering?

Board Members (6)

NameDesignationAppointment DateStatus
Atul Akolkar Country flag representing In Director 21-Jul-2023Current
Bageshri Kshirsagar Country flag representing In Alternate Director 27-Aug-2023Current
Vasant Joshi Country flag representing In Alternate Director 13-Jun-2010Current
Santosh Gondhalekar Country flag representing In Whole-Time Director 27-Jan-2022Current
Pravin Vaidya Country flag representing Us Director 13-Jun-2010Current
Swati Vaidya Country flag representing Us Director 13-Jun-2010Current

Financial Performance of Primove Engineering.

Primove Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 283.55% increase. The company also saw a substantial fall in profitability, with a 2656.65% decrease in profit. The company's net worth observed a substantial decline by a decrease of 44.53%.

Primove Engineering revenue growth over time
Primove Engineering profit and loss trends over time
  • 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
283.55%
Revenue from Operations
285.58%
Total Assets
88.28%
Profit or Loss
-2656.65%
Net Worth
-44.53%
EBITDA
-1487.51%

What is the Ownership and Shareholding Structure of Primove Engineering?

In 2021, Primove Engineering had a promoter holding of 90.75% and a public holding of 9.26%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.37 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of India : 1.37 Cr

Latest Charge Details

DateLenderAmountStatus
08 Feb 2016Bank Of India₹3.00 MOpen
12 Mar 2010Bank Of India₹1.07 CrOpen

How Many Employees Work at Primove Engineering?

Primove Engineering has a workforce of 51 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Primove Engineering Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Primove Engineering, 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 Primove Engineering's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Primove Engineering

Recent activity within the organization

  • Annual General Meeting

    Primove Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Director Appointment

    Bageshri Milind Kshirsagar was appointed as a Alternate Director was appointed as a Alternate Director on 27 Aug 2023 & has been associated with this company since 1 year 8 months .

  • Director Appointment

    Atul Sitaram Akolkar was appointed as a Director was appointed as a Director on 21 Jul 2023 & has been associated with this company since 1 year 9 months .

  • Balance Sheet

    Primove Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

  • Charges

    A charge with Bank Of India amounted to Rs. 0.30 Cr with Charge ID 100026259 was registered on 08 Feb 2016.

  • Charges

    A charge with Bank Of India of Rs. 1.07 Cr registered on 12 Mar 2010 with Charge ID 10216524 was modified on 21 Mar 2013.

Frequently asked questions

  • What is the Incorporation or founding date of Primove Engineering Private Limited?

    Primove Engineering Private Limited was incorporated on 01 Jul 2008.

  • What is authorized share capital and paid-up capital of Primove Engineering Private Limited?

    The authorized share capital of Primove Engineering Private Limited is ₹ 4.51 Cr and paid-up capital is ₹ 3.89 Cr.

  • Who are the current board members & directors of Primove Engineering Private Limited?

    Currently 6 directors are associated with Primove Engineering Private Limited.

    • Atul Sitaram Akolkar
    • Bageshri Milind Kshirsagar
    • Vasant Pandurang Joshi
    • Santosh Raghunath Gondhalekar
    • Pravin Moreshwar Vaidya
    • Swati Pravin Vaidya
  • What is the registered address of Primove Engineering Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Primove Engineering Private Limited is 2Nd Floor Office No. A201 Lohia Jain It Park Plot No. 1, S. No. 150A 1 1 S. No. 150A 1 2 Paud Road Kothrud Kothrud, Pune City, Maharashtra, India, 411038.

  • What is the corporate identification number (CIN) and company number of Primove Engineering Private Limited?

    The corporate identification number (CIN) of Primove Engineering Private Limited is U74200PN2008PTC132348 and the company number is 132348 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Primove Engineering Private Limited?

    The Official website of Primove Engineering Private Limited is https://www.primove.in

  • What has been the recent revenue trend for Primove Engineering Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Primove Engineering Private Limited has risen by 283.55%.

  • How many employees does Primove Engineering Private Limited currently have?

    As Per 2023 financial reports, 51 employees are currently employed by Primove Engineering Private Limited.

  • What change has been observed in the net worth of Primove Engineering Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Primove Engineering Private Limited has experienced an downturn of -44.53%.

  • What are the total open charges for Primove Engineering Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Primove Engineering Private Limited amount to ₹ 1.37 Cr.

  • When was the last Balance Sheet of Primove Engineering Private Limited filed with the ROC?

    The most recent Balance Sheet for Primove Engineering Private Limited was filed with the ROC on 31 Mar 2023.

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