Promact Impex Limited

Manufacturer and trader of plastic and agro products since 1985 in Gujarat.

1985 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Promact Impex Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.51 Cr
  • Company Age 40 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 38.53 Cr
  • Revenue Growth 1852.93%
  • Profit Growth 135.73%
  • Ebitda 355.41%
  • Net Worth 15.42%
  • Total Assets -1.12%

About Promact Impex

Promact Impex Limited (PIL) is a Public Limited Indian Non-Government Company incorporated in India on 26 March 1985 and has a history of 40 years and one month. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 526494.

The Corporate was formerly known as Promact Plastics Private Limited. The Company is engaged in the Agriculture 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 7.00 Cr and a paid-up capital of Rs 6.51 Cr.

The company has closed loans amounting to ₹38.53 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Promact Impex Limited India is Vipulkumar Bhavsar as CFO. Ankit Patel, Nikita Patel, Akash Patel, and One other member 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

    L25200GJ1985PLC007746

  • Company No.

    007746

  • Stock Symbol

    BSE : 526494

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Mar 1985

  • Date of AGM

    09 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Agriculture
Packaging

What products or services does Promact Impex Limited offer?

Promact Impex Limited offers a wide range of products and services, including Bulk Bags & Sacks, Agricultural Bags, Woven Sacks.

Company report

Promact Impex Limited

Explore comprehensive data for Promact Impex Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Promact Impex?

Executive Team (2)

NameDesignationAppointment DateStatus
Ankit Patel Country flag representing In Managing Director29-May-2010Current
Vipulkumar Bhavsar Country flag representing In CFO13-Feb-2015Current

Board Members (3)

NameDesignationAppointment DateStatus
Akash Patel Country flag representing In Director 23-Sep-2017Current
Nikita Patel Country flag representing In Director 29-May-2010Current
Krunalkumar Patel Director 04-Sep-2024Current

Financial Performance of Promact Impex.

Promact Impex Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1852.93% increase. The company also saw a substantial improvement in profitability, with a 135.73% increase in profit. The company's net worth Soared by an impressive increase of 15.42%.

Promact Impex revenue growth over time
Promact Impex 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
1852.93%
Revenue from Operations
2064.99%
Total Assets
-1.12%
Profit or Loss
135.73%
Net Worth
15.42%
EBITDA
355.41%

What is the Ownership and Shareholding Structure of Promact Impex?

In 2022, Promact Impex had a promoter holding of 38.72% and a public holding of 61.27%. 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

₹38.53 Cr

Charges Breakdown by Lending Institutions

  • Others : 14.00 Cr
  • The Mehsana Urban Cooperative Bank Limited : 14.00 Cr
  • Dena Bank : 7.30 Cr
  • The Mehsana Urban Co-Op Bank Limited : 1.98 Cr
  • The Mehsana Urban Co-Operative Bank Ltd : 1.25 Cr

Latest Charge Details

DateLenderAmountStatus
25 Jun 2018Others₹7.00 CrSatisfied
20 Jun 2018Others₹7.00 CrSatisfied
02 Jun 2011The Mehsana Urban Cooperative Bank Limited₹2.00 CrSatisfied
22 Aug 2009The Mehsana Urban Cooperative Bank Limited₹5.00 CrSatisfied
21 Aug 2009The Mehsana Urban Cooperative Bank Limited₹7.00 CrSatisfied

How Many Employees Work at Promact Impex?

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

Employee growth trends for Promact Impex Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Promact Impex, 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 Promact Impex'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 Promact Impex

Recent activity within the organization

  • Annual General Meeting

    Promact Impex Limited last Annual general meeting of members was held on 09 Sep 2024 as per latest MCA records.

  • Director Appointment

    Krunalkumar Prahladbhai Patel was appointed as a Director was appointed as a Director on 04 Sep 2024 & has been associated with this company since 8 months 14 days .

  • Balance Sheet

    Promact Impex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 25 Jun 2018 via Charge ID 100190676 with Others was fully satisfied on 31 Mar 2023.

  • Charges

    A charge registered on 20 Jun 2018 via Charge ID 100190679 with Others was fully satisfied on 31 Mar 2023.

  • Charges

    A charge with Others amounted to Rs. 7.00 Cr with Charge ID 100190676 was registered on 25 Jun 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Promact Impex Limited?

    Promact Impex Limited was incorporated on 26 Mar 1985.

  • What is authorized share capital and paid-up capital of Promact Impex Limited?

    The authorized share capital of Promact Impex Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.51 Cr.

  • Who are the current board members & directors of Promact Impex Limited?

    Currently 5 directors are associated with Promact Impex Limited.

    • Ankit Jayantibhai Patel
    • Nikita Jayantilal Patel
    • Akash Dharmendrakumar Patel
    • Krunalkumar Prahladbhai Patel
    • Vipulkumar Fulchandbhai Bhavsar

  • What is the registered address of Promact Impex Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Promact Impex Limited is 12Th Floor-1201 City Center-2 B/S Heer Party Plot Nr. Shukan Mall Cross Road Science City Road, Sola India, Ahmedabad, Gujarat, 380060.

  • What is the corporate identification number (CIN) and company number of Promact Impex Limited?

    The corporate identification number (CIN) of Promact Impex Limited is L25200GJ1985PLC007746 and the company number is 007746 as per Ministry of Corporate Affairs (MCA).

  • Is Promact Impex Limited registered with any stock exchange in India?

    Yes, Promact Impex Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Promact Impex Limited?

    The Official website of Promact Impex Limited is https://www.promactimpex.com

  • What has been the recent revenue trend for Promact Impex Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Promact Impex Limited has risen by 1852.93%.

  • What change has been observed in the net worth of Promact Impex Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Promact Impex Limited has experienced an upsurge of 15.42%.

  • When was the last Balance Sheet of Promact Impex Limited filed with the ROC?

    The most recent Balance Sheet for Promact Impex Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Woven Packaging Products