Prok Devices Private Limited

Manufacturer of protection relays and digital meters for power system applications, used in various industries and projects.

1991 | Bangalore, Karnataka (India) | Active
Last Updated: July 05, 2024

Prok Devices Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 33 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 75.00 K
  • Satisfied Charges ₹ 8.38 M
  • Revenue Growth 49.31%
  • Profit Growth 149.65%
  • Ebitda 73.45%
  • Net Worth 17.04%
  • Total Assets 39.60%

About Prok Devices

Prok Devices Private Limited (PDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 June 1991 and has a history of 33 years and seven months. Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Energy And Power 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 2.00 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹75,000.00. The company has closed loans amounting to ₹8.38 M, as per Ministry of Corporate Affairs (MCA) records.

Vinod Jain, Shivaram Hassan, Rama Rao, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31101KA1991PTC012014

  • Company No.

    012014

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jun 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Energy and Power

What products or services does Prok Devices Private Limited offer?

Prok Devices Private Limited offers a wide range of products and services, including Relays and Contactors, Voltage Relays, Electrical & Electronic Test Devices, Ammeter, Ground & Phase Protection Relay, Relays, Transformers & Transformer Parts, Transformer Parts, Energy Meter, Power Meters.

Who are the key members and board of directors at Prok Devices?

Board Members (4)

NameDesignationAppointment DateStatus
Vinod Jain Country flag representing In Director 09-Nov-2015Current
Shivaram Hassan Country flag representing In Director 03-Jun-1991Current
Rama Rao Country flag representing In Director 03-Jun-1991Current
Satish Jois Country flag representing In Director 03-Jun-1991Current

Financial Performance of Prok Devices.

Prok Devices Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.31% increase. The company also saw a substantial improvement in profitability, with a 149.65% increase in profit. The company's net worth Soared by an impressive increase of 17.04%.

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
49.31%
Revenue from Operations
49.19%
Total Assets
39.60%
Profit or Loss
149.65%
Net Worth
17.04%
EBITDA
73.45%

What is the Ownership and Shareholding Structure of Prok Devices?

Unlock access to Prok Devices's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.08 M

Satisfied Charges

₹8.38 M

Charges Breakdown by Lending Institutions

  • Indian Bank : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jan 1995Indian Bank₹0.08 MOpen
01 Oct 2018State Bank Of India₹7.00 MSatisfied
10 Mar 2001State Bank Of India₹0.40 MSatisfied
04 Dec 1997State Bank Of India₹0.98 MSatisfied

How Many Employees Work at Prok Devices?

Prok Devices has a workforce of 64 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 Prok Devices, 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 Prok Devices'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 Prok Devices

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Prok Devices Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge registered on 01 Oct 2018 via Charge ID 100211167 with State Bank Of India was fully satisfied on 06 Oct 2020.

    06 Oct 2020

  • Charges

    A charge registered on 04 Dec 1997 via Charge ID 90191876 with State Bank Of India was fully satisfied on 26 Oct 2018.

    26 Oct 2018

  • Charges

    A charge with State Bank Of India amounted to Rs. 7.00 M with Charge ID 100211167 was registered on 01 Oct 2018.

    01 Oct 2018

  • Director Appointment

    Vinod Mohanlal Jain was appointed as a Director was appointed as a Director on 09 Nov 2015 & has been associated with this company since 9 years 2 months .

    09 Nov 2015

Frequently asked questions

  • Prok Devices Private Limited was incorporated on 03 Jun 1991.

  • The authorized share capital of Prok Devices Private Limited is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

  • Currently 4 directors are associated with Prok Devices Private Limited.

    • Vinod Mohanlal Jain
    • Shivaram Krishnamurthy Hassan
    • Rama Krishna Narasingha Rao
    • Satish Chandrashekar Jois
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prok Devices Private Limited is No.B-80 2Nd & 3Rd Floor Rajajinagar Industrial, Estate (Kssidc) 4Th Main Road 6Th Block, Bangalore, Karnataka, India, 560010.

  • The corporate identification number (CIN) of Prok Devices Private Limited is U31101KA1991PTC012014 and the company number is 012014 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prok Devices Private Limited is https://www.prokdvs.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prok Devices Private Limited has risen by 49.31%.

  • As Per 2023 financial reports, 64 employees are currently employed by Prok Devices Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prok Devices Private Limited has experienced an upsurge of 17.04%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prok Devices Private Limited amount to ₹ 75.00 K .

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

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