Prolon Tools Private Limited

This company manufactures auto components and trades in capital goods.

2012 | Solapur, Maharashtra (India) | Active
Last Updated: December 22, 2024

Prolon Tools Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 12 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 9.37 M
  • Revenue Growth -28.54%
  • Profit Growth -232.90%
  • Ebitda -103.84%
  • Net Worth -11.62%
  • Total Assets 25.93%

About Prolon Tools

Prolon Tools Private Limited (PTPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 May 2012 and has a history of 12 years and eight months. Its registered office is in Solapur, Maharashtra, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M.

The company has closed loans amounting to ₹9.37 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Shriram Lonkar, Rohini Lonkar, and Shreyash Lonkar serve as directors at the Company.

Company Details

  • Location

    Solapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28910PN2012PTC143540

  • Company No.

    143540

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 May 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Automotive

What products or services does Prolon Tools Private Limited offer?

Prolon Tools Private Limited offers a wide range of products and services, including Tool Adapters, End Mill Holders, Side Lock Adaptor, CNC Machines & Lathe Machine, Lathe Machine Spare, Cutting Tools & Milling Cutter, Machine Tools Accessories.

Who are the key members and board of directors at Prolon Tools?

Board Members (3)

Name Designation Appointment Date Status
Shriram Lonkar Country flag representing In Director 28-May-2012 Current
Rohini Lonkar Country flag representing In Director 06-Jun-2016 Current
Shreyash Lonkar Country flag representing In Director 01-Jun-2018 Current

Financial Performance of Prolon Tools.

Prolon Tools Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 28.54% decrease. The company also saw a substantial fall in profitability, with a 232.9% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11.62%.

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
-28.54%
Revenue from Operations
-27.98%
Total Assets
25.93%
Profit or Loss
-232.90%
Net Worth
-11.62%
EBITDA
-103.84%

What is the Ownership and Shareholding Structure of Prolon Tools?

In 2019, Prolon Tools 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

₹0

Satisfied Charges

₹9.37 M

Charges Breakdown by Lending Institutions

  • Vijaya Bank : 0.94 Cr

Latest Charge Details

Date Lender Amount Status
12 Sep 2012 Vijaya Bank ₹9.37 M Satisfied

How Many Employees Work at Prolon Tools?

Unlock and access historical data on people associated with Prolon Tools, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prolon Tools, 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 Prolon Tools'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 Prolon Tools

Recent activity within the organization

  • Annual General Meeting

    Prolon Tools Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Prolon Tools Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge registered on 12 Sep 2012 via Charge ID 10379853 with Vijaya Bank was fully satisfied on 16 Dec 2022.

    16 Dec 2022

  • Director Appointment

    Shreyash Shriram Lonkar was appointed as a Director was appointed as a Director on 01 Jun 2018 & has been associated with this company since 6 years 8 months .

    01 Jun 2018

  • Director Appointment

    Rohini Shriram Lonkar was appointed as a Director was appointed as a Director on 06 Jun 2016 & has been associated with this company since 8 years 7 months .

    06 Jun 2016

  • Charges

    A charge with Vijaya Bank of Rs. 9.37 M registered on 12 Sep 2012 with Charge ID 10379853 was modified on 15 Sep 2014.

    15 Sep 2014

Frequently asked questions

  • Prolon Tools Private Limited was incorporated on 28 May 2012.

  • The authorized share capital of Prolon Tools Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Prolon Tools Private Limited.

    • Shriram Rajaram Lonkar
    • Rohini Shriram Lonkar
    • Shreyash Shriram Lonkar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prolon Tools Private Limited is Flat No 6 Bldg E Wing A Gno 1 Hiras Nagar Pirangut India, Pune, Maharashtra, 413402.

  • The corporate identification number (CIN) of Prolon Tools Private Limited is U28910PN2012PTC143540 and the company number is 143540 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Prolon Tools Private Limited has fallen by -28.54%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Prolon Tools Private Limited has experienced an downturn of -11.62%.

  • The most recent Balance Sheet for Prolon Tools Private Limited was filed with the ROC on 31 Mar 2024.

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