Proec Energy Limited

Specialty chemical manufacturer for oil and gas exploration, mining, and other industries.

1993 | Delhi (India) | Active
Last Updated: December 28, 2024

Proec Energy Profile

Key Indicators

  • Authorised Capital ₹ 2.24 Cr
  • Paid Up Capital ₹ 1.87 Cr
  • Company Age 32 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 42.88 Cr
  • Satisfied Charges ₹ 35.15 Cr
  • Revenue Growth -32.74%
  • Profit Growth -42.08%
  • Ebitda -30.08%
  • Net Worth 17.13%
  • Total Assets 0.91%

About Proec Energy

Proec Energy Limited (PEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 January 1993 and has a history of 32 years and one month. Its registered office is in Delhi, India.

The Company is engaged in the Chemicals And Materials 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 2.24 Cr and a paid-up capital of Rs 1.87 Cr.

The company currently has active open charges totaling ₹42.88 Cr. The company has closed loans amounting to ₹35.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

Manav Modi, Sandeep Kumar, Sanjay Gupta, and One other member serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    proecenergy.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1993PLC051578

  • Company No.

    051578

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Jan 1993

  • Date of AGM

    30 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Chemicals and Materials

What products or services does Proec Energy Limited offer?

Proec Energy Limited offers a wide range of products and services, including Warehousing Services, Logistics Service.

Who are the key members and board of directors at Proec Energy?

Executive Team (1)

NameDesignationAppointment DateStatus
Manav Modi Country flag representing In Managing Director26-Apr-2005Current

Board Members (3)

NameDesignationAppointment DateStatus
Sanjay Gupta Country flag representing In Director 26-Apr-2005Current
Sandeep Kumar Country flag representing In Director 23-Dec-2016Current
Arvind Sharma Country flag representing In Director 06-Oct-2021Current

Financial Performance of Proec Energy.

Proec Energy Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 32.74% decrease. The company also saw a substantial fall in profitability, with a 42.08% decrease in profit. The company's net worth Soared by an impressive increase of 17.13%.

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
-32.74%
Revenue from Operations
-30.96%
Total Assets
0.91%
Profit or Loss
-42.08%
Net Worth
17.13%
EBITDA
-30.08%

What is the Ownership and Shareholding Structure of Proec Energy?

In 2021, Proec Energy had a promoter holding of 99.96% and a public holding of 0.04%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹42.88 Cr

Satisfied Charges

₹35.15 Cr

Charges Breakdown by Lending Institutions

  • Others : 42.88 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jun 2024Others₹7.00 CrOpen
21 Jan 2023Others₹8.75 MOpen
13 Apr 2022Others₹10.00 CrOpen
30 Sep 2020Others₹25.00 CrOpen
20 Dec 2019Others₹10.00 CrSatisfied

How Many Employees Work at Proec Energy?

Proec Energy has a workforce of 139 employees as of Apr 09, 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 Proec Energy, 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 Proec Energy'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 Proec Energy

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 25.00 Cr registered on 30 Sep 2020 with Charge ID 100386105 was modified on 21 Nov 2024.

    21 Nov 2024

  • Charges

    A charge with Others amounted to Rs. 7.00 Cr with Charge ID 100942826 was registered on 28 Jun 2024.

    28 Jun 2024

  • Annual General Meeting

    Proec Energy Limited last Annual general meeting of members was held on 30 Nov 2023 as per latest MCA records.

    30 Nov 2023

  • Balance Sheet

    Proec Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 13 Apr 2022 with Charge ID 100566109 was modified on 22 Feb 2023.

    22 Feb 2023

  • Charges

    A charge registered on 20 Dec 2019 via Charge ID 100315164 with Others was fully satisfied on 25 Jan 2023.

    25 Jan 2023

Frequently asked questions

  • Proec Energy Limited was incorporated on 05 Jan 1993.

  • The authorized share capital of Proec Energy Limited is ₹ 2.24 Cr and paid-up capital is ₹ 1.87 Cr.

  • Currently 4 directors are associated with Proec Energy Limited.

    • Manav Modi
    • Sandeep Kumar
    • Sanjay Gupta
    • Arvind Kumar Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Proec Energy Limited is A-60, First And Second Floor Fiee Okhla Industrial Area Phase-Ii India, New Delhi, 110020.

  • The corporate identification number (CIN) of Proec Energy Limited is U74899DL1993PLC051578 and the company number is 051578 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Proec Energy Limited is https://www.proecenergy.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Proec Energy Limited has fallen by -32.74%.

  • As Per 2021 financial reports, 139 employees are currently employed by Proec Energy Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Proec Energy Limited has experienced an upsurge of 17.13%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Proec Energy Limited amount to ₹ 42.88 Cr.

  • The most recent Balance Sheet for Proec Energy Limited was filed with the ROC on 31 Mar 2023.

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