Procon Instrumentation Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.03 M
- Company Age 48 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 7.84 Cr
- Revenue Growth 146.37%
- Profit Growth 7744.60%
- Ebitda -55.21%
- Net Worth 2209.32%
- Total Assets 67.38%
About Procon Instrumentation
Procon Instrumentation Private Limited (PIPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 October 1976 and has a history of 48 years and three months. Its registered office is in Urapakkam, Tamil Nadu, India.
The Company is engaged in the Machinery And Equipment 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 2.50 M and a paid-up capital of Rs 2.03 M.
The company has closed loans amounting to ₹7.84 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Saroj Verma, Tej Zutshi, and Praveen Verma serve as directors at the Company.
Company Details
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Location
Urapakkam, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
- Email Address
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Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U33111TN1976PTC007216
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Company No.
007216
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
23 Oct 1976
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Procon Instrumentation?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Praveen Verma
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Managing Director | 27-Jun-1987 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Saroj Verma
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Director | 02-Apr-2008 | Current |
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Tej Zutshi
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Director | 01-Jul-2004 | Current |
Financial Performance of Procon Instrumentation.
Procon Instrumentation Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 146.37% increase. The company also saw a substantial improvement in profitability, with a 7744.6% increase in profit. The company's net worth Soared by an impressive increase of 2209.32%.
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What is the Ownership and Shareholding Structure of Procon Instrumentation?
In 2022, Procon Instrumentation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹0
₹78.42 M
Charges Breakdown by Lending Institutions
- Allahabad Bank : 7.67 Cr
- The Tamilnadu Industrial Investment Corporation Ltd : 0.18 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Feb 1997 | Allahabad Bank | ₹9.43 M | Satisfied |
| 11 Feb 1997 | Allahabad Bank | ₹9.43 M | Satisfied |
| 03 Oct 1994 | Allahabad Bank | ₹9.43 M | Satisfied |
| 02 Jul 1988 | Allahabad Bank | ₹0.06 M | Satisfied |
| 18 Jan 1988 | Allahabad Bank | ₹2.20 Cr | Satisfied |
How Many Employees Work at Procon Instrumentation?
Procon Instrumentation has a workforce of 5 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Procon Instrumentation, 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 Procon Instrumentation'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.
