Proec Private Limited

Manufactures and distributes pharmaceutical, cosmetic, and herbal products, as well as medical supplies and equipment.

2020 | Delhi (India) | Active
Last Updated: November 16, 2024

Proec Profile

Key Indicators

  • Authorised Capital ₹ 8.54 Cr
  • Paid Up Capital ₹ 8.26 Cr
  • Company Age 4 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 27.00 Cr
  • Satisfied Charges ₹ 61.00 Cr
  • Revenue Growth 377.40%
  • Profit Growth 370.97%
  • Ebitda 403.38%
  • Net Worth 122.68%
  • Total Assets 81.94%

About Proec

Proec Private Limited (PPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 April 2020 (Four years and ten months 4 days old ). 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 8.54 Cr and a paid-up capital of Rs 8.26 Cr.

The company currently has active open charges totaling ₹27.00 Cr. The company has closed loans amounting to ₹61.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Manav Modi, Manoj Moolayil, and Narendra Kumar serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    proecltd.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24290DL2020PTC363338

  • Company No.

    363338

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Apr 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Chemicals and Materials
Metals and Minerals
Information Technology

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

Board Members (3)

NameDesignationAppointment DateStatus
Manav Modi Country flag representing In Director 19-Apr-2020Current
Manoj Moolayil Country flag representing In Additional Director 12-Apr-2024Current
Narendra Kumar Country flag representing In Director 23-Jun-2021Current

Financial Performance of Proec.

Proec Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 377.4% increase. The company also saw a substantial improvement in profitability, with a 370.97% increase in profit. The company's net worth Soared by an impressive increase of 122.68%.

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
377.40%
Revenue from Operations
377.31%
Total Assets
81.94%
Profit or Loss
370.97%
Net Worth
122.68%
EBITDA
403.38%

What is the Ownership and Shareholding Structure of Proec?

In 2023, Proec 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

₹27.00 Cr

Satisfied Charges

₹61.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 27.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jun 2024Others₹7.00 CrOpen
28 Jun 2024Others₹20.00 CrOpen
01 Jan 2023Hdfc Bank Limited₹26.00 CrSatisfied
10 Oct 2022Hdfc Bank Limited₹26.00 CrSatisfied
23 Aug 2021Others₹9.00 CrSatisfied

How Many Employees Work at Proec?

Proec has a workforce of 37 employees as of Apr 03, 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, 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'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

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 20.00 Cr registered on 28 Jun 2024 with Charge ID 100962955 was modified on 22 Aug 2024.

    22 Aug 2024

  • Charges

    A charge registered on 01 Jan 2023 via Charge ID 100703160 with Hdfc Bank Limited was fully satisfied on 12 Aug 2024.

    12 Aug 2024

  • Charges

    A charge registered on 10 Oct 2022 via Charge ID 100680798 with Hdfc Bank Limited was fully satisfied on 12 Aug 2024.

    12 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 7.00 Cr with Charge ID 100942830 was registered on 28 Jun 2024.

    28 Jun 2024

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100962955 was registered on 28 Jun 2024.

    28 Jun 2024

  • Director Appointment

    Manoj Kumar Kolankada Moolayil was appointed as a Additional Director was appointed as a Additional Director on 12 Apr 2024 & has been associated with this company since 10 months 11 days .

    12 Apr 2024

Frequently asked questions

  • Proec Private Limited was incorporated on 19 Apr 2020.

  • The authorized share capital of Proec Private Limited is ₹ 8.54 Cr and paid-up capital is ₹ 8.26 Cr.

  • Currently 3 directors are associated with Proec Private Limited.

    • Manav Modi
    • Manoj Kumar Kolankada Moolayil
    • Narendra Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Proec Private Limited is A-60, Fiee Okhla Industrial Area Phase-Ii India, New Delhi, 110020.

  • The corporate identification number (CIN) of Proec Private Limited is U24290DL2020PTC363338 and the company number is 363338 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Proec Private Limited is https://www.proecltd.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Proec Private Limited has risen by 377.40%.

  • As Per 2023 financial reports, 37 employees are currently employed by Proec Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Proec Private Limited has experienced an upsurge of 122.68%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Proec Private Limited amount to ₹ 27.00 Cr.

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

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