Procandour Automotive Systems Private Limited

This company specializes in computer-related activities and deals with the manufacture, distribution, and sale of various automobile parts and vehicles.

2017 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: January 19, 2025

Procandour Automotive Systems Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 15.01 Cr
  • Satisfied Charges ₹ 9.66 M
  • Revenue Growth 13.23%
  • Profit Growth 4.74%
  • Ebitda -33.94%
  • Net Worth 18.88%
  • Total Assets 13.21%

About Procandour Automotive Systems

Procandour Automotive Systems Private Limited (PASPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 May 2017 (Seven years and nine months 13 days old ). Its registered office is in Kanchipuram, Tamil Nadu, India.

The Company is engaged in the Automotive 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 2.00 Cr and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹15.01 Cr. The company has closed loans amounting to ₹9.66 M, as per Ministry of Corporate Affairs (MCA) records.

Kasinathan Ilaiyaraja and Krishnaveni serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    procandour.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999TN2017PTC116394

  • Company No.

    116394

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 May 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive

Who are the key members and board of directors at Procandour Automotive Systems?

Board Members (2)

Name Designation Appointment Date Status
Kasinathan Ilaiyaraja Country flag representing In Director 02-May-2017 Current
Krishnaveni Country flag representing In Director 02-May-2017 Current

Financial Performance of Procandour Automotive Systems.

Procandour Automotive Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.23% increase. The company also saw a slight improvement in profitability, with a 4.74% increase in profit. The company's net worth Soared by an impressive increase of 18.88%.

Graph illustrating revenue growth over time
Graph showing 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
13.23%
Revenue from Operations
12.28%
Total Assets
13.21%
Profit or Loss
4.74%
Net Worth
18.88%
EBITDA
-33.94%

What is the Ownership and Shareholding Structure of Procandour Automotive Systems?

In 2023, Procandour Automotive Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.01 Cr

Satisfied Charges

₹0.97 Cr

Charges Breakdown by Lending Institutions

  • Others : 10.82 Cr
  • Sidbi : 3.43 Cr
  • Axis Bank Limited : 0.75 Cr

Latest Charge Details

Date Lender Amount Status
10 Jan 2024 Sidbi ₹5.72 M Open
05 Oct 2023 Others ₹5.00 Cr Open
02 Jun 2022 Sidbi ₹2.86 Cr Open
18 Jun 2021 Others ₹4.50 Cr Open
06 Jan 2020 Axis Bank Limited ₹7.49 M Open

How Many Employees Work at Procandour Automotive Systems?

Procandour Automotive Systems has a workforce of 114 employees as of Mar 21, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Procandour Automotive Systems, 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 Procandour Automotive Systems'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 Procandour Automotive Systems

Recent activity within the organization

  • Charges

    A charge with Sidbi amounted to Rs. 0.57 Cr with Charge ID 100849368 was registered on 10 Jan 2024.

    10 Jan 2024

  • Charges

    A charge registered on 30 Apr 2018 via Charge ID 100174030 with Others was fully satisfied on 09 Nov 2023.

    09 Nov 2023

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100796074 was registered on 05 Oct 2023.

    05 Oct 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Procandour Automotive Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Sidbi amounted to Rs. 2.86 Cr with Charge ID 100580116 was registered on 02 Jun 2022.

    02 Jun 2022

Frequently asked questions

  • Procandour Automotive Systems Private Limited was incorporated on 02 May 2017.

  • The authorized share capital of Procandour Automotive Systems Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Procandour Automotive Systems Private Limited.

    • Kasinathan Ilaiyaraja
    • Krishnaveni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Procandour Automotive Systems Private Limited is S No.126/2A3 Amarambedu Road India, Nallur Village, Tamil Nadu, 600069.

  • The corporate identification number (CIN) of Procandour Automotive Systems Private Limited is U74999TN2017PTC116394 and the company number is 116394 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Procandour Automotive Systems Private Limited is https://www.procandour.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Procandour Automotive Systems Private Limited has risen by 13.23%.

  • As Per 2023 financial reports, 114 employees are currently employed by Procandour Automotive Systems Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Procandour Automotive Systems Private Limited has experienced an upsurge of 18.88%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Procandour Automotive Systems Private Limited amount to ₹ 15.01 Cr.

  • The most recent Balance Sheet for Procandour Automotive Systems Private Limited was filed with the ROC on 31 Mar 2023.