Profex Resources Profile
Key Indicators
- Authorised Capital ₹ 1.10 Cr
- Paid Up Capital ₹ 1.10 Cr
- Company Age 27 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.29 Cr
- Satisfied Charges ₹ 1.30 Cr
- Revenue Growth 20.03%
- Profit Growth 11.93%
- Ebitda 91.35%
- Net Worth 7.87%
- Total Assets 38.11%
About Profex Resources
Profex Resources Limited (PRL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 September 1997 and has a history of 27 years and four months. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as M.G.Foams Limited. The Company is engaged in the Business Services 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 1.10 Cr and a paid-up capital of Rs 1.10 Cr.
The company currently has active open charges totaling ₹5.29 Cr. The company has closed loans amounting to ₹1.30 Cr, as per Ministry of Corporate Affairs (MCA) records.
Suresh Punjabi, Kavita Punjabi, and Karankumar Punjabi serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999GJ1997PLC033082
- Company No.
033082
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 Sep 1997
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Profex Resources?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suresh Punjabi  | Director | 29-Sep-1997 | Current |
| Kavita Punjabi | Director | 04-Dec-2006 | Current |
| Karankumar Punjabi | Director | 01-Oct-2015 | Current |
Financial Performance of Profex Resources.
Profex Resources Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.03% increase. The company also saw a substantial improvement in profitability, with a 11.93% increase in profit. The company's net worth moved up by a moderate rise of 7.87%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Profex Resources?
In 2023, Profex Resources had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
₹5.29 Cr
₹1.30 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 4.83 Cr
- Hdfc Bank Limited : 0.46 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jun 2024 | Hdfc Bank Limited | ₹3.81 M | Open |
| 02 Nov 2023 | Hdfc Bank Limited | ₹0.80 M | Open |
| 18 Jan 2022 | Axis Bank Limited | ₹0.47 M | Open |
| 14 Dec 2015 | Axis Bank Limited | ₹4.78 Cr | Open |
| 30 Jan 2013 | Bank Of India | ₹2.50 M | Satisfied |
How Many Employees Work at Profex Resources?
Profex Resources has a workforce of 390 employees as of Mar 22, 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 Profex Resources, 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 Profex Resources'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.
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