Prom Machining Solutions India Private Limited

Provides machinery and parts trading services for engineering components and assemblies.

2005 | Hosur, Tamil Nadu (India) | Active
Last Updated: June 17, 2024

Prom Machining Solutions India Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.14 M
  • Company Age 19 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.92 Cr
  • Revenue Growth 5.31%
  • Profit Growth -46.57%
  • Ebitda -28.46%
  • Net Worth 5.00%
  • Total Assets -2.75%

About Prom Machining Solutions India

Prom Machining Solutions India Private Limited (PMSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 May 2005 and has a history of 19 years and nine months. Its registered office is in Hosur, Tamil Nadu, 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 3.14 M.

The company currently has active open charges totaling ₹4.92 Cr.

Senthil Govindasamy, Satheesh Harisudhan, Godavarthi Lakshminath, and One other member serve as directors at the Company.

Company Details

  • Location

    Hosur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    prom.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U02919TZ2005PTC011794

  • Company No.

    011794

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 May 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Automotive
Machinery and Equipment

Who are the key members and board of directors at Prom Machining Solutions India?

Executive Team (1)

NameDesignationAppointment DateStatus
Satheesh Harisudhan Country flag representing In Managing Director13-May-2005Current

Board Members (3)

NameDesignationAppointment DateStatus
Senthil Govindasamy Country flag representing In Director 01-Apr-2011Current
Godavarthi Lakshminath Country flag representing In Director 13-May-2005Current
Venkatachalam Chidambaram Country flag representing In Director 01-Apr-2011Current

Financial Performance of Prom Machining Solutions India.

Prom Machining Solutions India Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.31% increase. The company also saw a substantial fall in profitability, with a 46.57% decrease in profit. The company's net worth moved up by a moderate rise of 5%.

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
5.31%
Revenue from Operations
5.28%
Total Assets
-2.75%
Profit or Loss
-46.57%
Net Worth
5.00%
EBITDA
-28.46%

What is the Ownership and Shareholding Structure of Prom Machining Solutions India?

In 2023, Prom Machining Solutions India had a promoter holding of 60.61% and a public holding of 39.39%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹49.22 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 4.92 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jul 2020Canara Bank₹1.84 CrOpen
24 Jul 2020Canara Bank₹2.00 CrOpen
20 Mar 2006Canara Bank₹1.08 CrOpen

How Many Employees Work at Prom Machining Solutions India?

Prom Machining Solutions India has a workforce of 61 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 Prom Machining Solutions India, 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 Prom Machining Solutions India'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 Prom Machining Solutions India

Recent activity within the organization

  • Annual General Meeting

    Prom Machining Solutions India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Prom Machining Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 18.42 M with Charge ID 100360081 was registered on 31 Jul 2020.

    31 Jul 2020

  • Charges

    A charge with Canara Bank amounted to Rs. 20.00 M with Charge ID 100360080 was registered on 24 Jul 2020.

    24 Jul 2020

  • Charges

    A charge with Canara Bank of Rs. 10.81 M registered on 20 Mar 2006 with Charge ID 10003411 was modified on 14 Jun 2013.

    14 Jun 2013

  • Director Appointment

    Senthil Kumar Govindasamy was appointed as a Director was appointed as a Director on 01 Apr 2011 & has been associated with this company since 13 years 10 months .

    01 Apr 2011

Frequently asked questions

  • Prom Machining Solutions India Private Limited was incorporated on 13 May 2005.

  • The authorized share capital of Prom Machining Solutions India Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.14 M.

  • Currently 4 directors are associated with Prom Machining Solutions India Private Limited.

    • Senthil Kumar Govindasamy
    • Satheesh Kumar Harisudhan
    • Godavarthi Lakshminath
    • Venkatachalam Chidambaram
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prom Machining Solutions India Private Limited is 32-C Titan Jewellery Road Sipcot Industrial Complex, Hosur, Tamil Nadu, India, 635126.

  • The corporate identification number (CIN) of Prom Machining Solutions India Private Limited is U02919TZ2005PTC011794 and the company number is 011794 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prom Machining Solutions India Private Limited is https://www.prom.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prom Machining Solutions India Private Limited has risen by 5.31%.

  • As Per 2023 financial reports, 61 employees are currently employed by Prom Machining Solutions India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prom Machining Solutions India Private Limited has experienced an upsurge of 5.00%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prom Machining Solutions India Private Limited amount to ₹ 4.92 Cr.

  • The most recent Balance Sheet for Prom Machining Solutions India Private Limited was filed with the ROC on 31 Mar 2023.