Procon Rmc Plants Private Limited

Produces and sells a variety of ready-mix concrete products under the brand 'Procon'.

2018 | Mumbai, Maharashtra (India) | Active
Last Updated: July 05, 2024

Procon Rmc Plants Profile

Key Indicators

  • Authorised Capital ₹ 3.05 Cr
  • Paid Up Capital ₹ 3.05 Cr
  • Company Age 6 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 63.59 Cr
  • Revenue Growth 27.58%
  • Profit Growth 2317.74%
  • Ebitda 105.80%
  • Net Worth 16.53%
  • Total Assets 15.10%

About Procon Rmc Plants

Procon Rmc Plants Private Limited (PRPPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 September 2018 (Six years and four months 23 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Manufacturing 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 3.05 Cr and a paid-up capital of Rs 3.05 Cr.

The company currently has active open charges totaling ₹63.59 Cr.

Nitin Vijayakar, Gagandeep Singh, and Ajit Kohli serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2018PTC313901

  • Company No.

    313901

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Sep 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Procon Rmc Plants?

Board Members (3)

Name Designation Appointment Date Status
Nitin Vijayakar Country flag representing In Director 03-Aug-2020 Current
Gagandeep Singh Country flag representing In Director 12-Sep-2018 Current
Ajit Kohli Country flag representing In Director 12-Sep-2018 Current

Financial Performance of Procon Rmc Plants.

Procon Rmc Plants Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.58% increase. The company also saw a substantial improvement in profitability, with a 2317.74% increase in profit. The company's net worth Soared by an impressive increase of 16.53%.

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
27.58%
Revenue from Operations
27.72%
Total Assets
15.10%
Profit or Loss
2317.74%
Net Worth
16.53%
EBITDA
105.80%

What is the Ownership and Shareholding Structure of Procon Rmc Plants?

In 2021, Procon Rmc Plants had a promoter holding of 60.00% and a public holding of 40.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹63.59 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 42.51 Cr
  • Axis Bank Limited : 8.62 Cr
  • Tata Capital Financial Services Limited : 8.18 Cr
  • Yes Bank Limited : 2.87 Cr
  • Hdfc Bank Limited : 1.41 Cr

Latest Charge Details

Date Lender Amount Status
30 Sep 2023 Others ₹7.50 Cr Open
31 May 2023 Others ₹4.40 M Open
31 May 2023 Others ₹4.40 M Open
31 May 2023 Others ₹4.40 M Open
31 May 2023 Others ₹4.40 M Open

How Many Employees Work at Procon Rmc Plants?

Procon Rmc Plants has a workforce of 104 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Procon Rmc Plants, 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 Rmc Plants'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 Procon Rmc Plants

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 7.50 Cr with Charge ID 100798450 was registered on 30 Sep 2023.

    30 Sep 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 22.00 Cr registered on 26 Dec 2020 with Charge ID 100402505 was modified on 01 Sep 2023.

    01 Sep 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 3.38 Cr registered on 18 Feb 2022 with Charge ID 100543811 was modified on 05 Aug 2023.

    05 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 0.44 Cr with Charge ID 100752896 was registered on 31 May 2023.

    31 May 2023

  • Charges

    A charge with Others amounted to Rs. 0.44 Cr with Charge ID 100752897 was registered on 31 May 2023.

    31 May 2023

Frequently asked questions

  • Procon Rmc Plants Private Limited was incorporated on 12 Sep 2018.

  • The authorized share capital of Procon Rmc Plants Private Limited is ₹ 3.05 Cr and paid-up capital is ₹ 3.05 Cr.

  • Currently 3 directors are associated with Procon Rmc Plants Private Limited.

    • Nitin Anil Vijayakar
    • Gagandeep Singh Bhasin Darshanjit Singh
    • Ajit Singh Harbans Singh Kohli
  • As per Ministry of Corporate Affairs (Mca), the registered address of Procon Rmc Plants Private Limited is B-03 Ground Floor Country Park Dattapada Road Borivali East, Mumbai, Maharashtra, India, 400066.

  • The corporate identification number (CIN) of Procon Rmc Plants Private Limited is U74999MH2018PTC313901 and the company number is 313901 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Procon Rmc Plants Private Limited is https://www.proconrmc.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Procon Rmc Plants Private Limited has risen by 27.58%.

  • As Per 2023 financial reports, 104 employees are currently employed by Procon Rmc Plants Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Procon Rmc Plants Private Limited has experienced an upsurge of 16.53%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Procon Rmc Plants Private Limited amount to ₹ 63.59 Cr.

  • The most recent Balance Sheet for Procon Rmc Plants Private Limited was filed with the ROC on 31 Mar 2023.

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