Promact Impex Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
- Paid Up Capital ₹ 6.51 Cr
- Company Age 39 Year, 11 Months
- 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 39 years and 11 months. 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.
Who are the key members and board of directors at Promact Impex?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ankit Patel  | Managing Director | 29-May-2010 | Current |
| Vipulkumar Bhavsar | CFO | 13-Feb-2015 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Akash Patel | Director | 23-Sep-2017 | Current |
| Nikita Patel | Director | 29-May-2010 | Current |
| Krunalkumar Patel | Director | 04-Sep-2024 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Ornate Pharma Pvt LtdAnkit Patel and Akash Patel are mutual person
- Prabhu Ispat Pvt Ltd
Ankit Patel and Nikita Patel are mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jun 2018 | Others | ₹7.00 Cr | Satisfied |
| 20 Jun 2018 | Others | ₹7.00 Cr | Satisfied |
| 02 Jun 2011 | The Mehsana Urban Cooperative Bank Limited | ₹2.00 Cr | Satisfied |
| 22 Aug 2009 | The Mehsana Urban Cooperative Bank Limited | ₹5.00 Cr | Satisfied |
| 21 Aug 2009 | The Mehsana Urban Cooperative Bank Limited | ₹7.00 Cr | Satisfied |
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.
Deals i
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
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
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