Promag Metallics Private Limited

Steel trading company based in Jharkhand, established in 2020.

2020 | Bokaro, Jharkhand (India) | Active
Last Updated:

Promag Metallics Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 5 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.00 Cr
  • Revenue Growth 35.52%
  • Profit Growth 40.94%
  • Ebitda -49.85%
  • Net Worth 60.06%
  • Total Assets 123.52%

About Promag Metallics

Promag Metallics Private Limited (PMPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 March 2020 (Five years and two months 4 days old ). Its registered office is in Bokaro, Jharkhand, India.

The Company is engaged in the Metals And Minerals 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 1.50 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹1.00 Cr.

Gautam Jha and Rakesh Ranjan serve as directors at the Company.

Company Details

  • Location

    Bokaro, Jharkhand, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27310JH2020PTC014185

  • Company No.

    014185

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Mar 2020

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jharkhand

Industry

Metals and Minerals
Company report

Promag Metallics Private Limited

Explore comprehensive data for Promag Metallics Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Promag Metallics?

Board Members (2)

NameDesignationAppointment DateStatus
Gautam Jha Country flag representing In Director 09-Mar-2020Current
Rakesh Ranjan Country flag representing In Director 11-May-2022Current

Financial Performance of Promag Metallics.

Promag Metallics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.52% increase. The company also saw a substantial improvement in profitability, with a 40.94% increase in profit. The company's net worth Soared by an impressive increase of 60.06%.

Promag Metallics revenue growth over time
Promag Metallics 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
35.52%
Revenue from Operations
34.92%
Total Assets
123.52%
Profit or Loss
40.94%
Net Worth
60.06%
EBITDA
-49.85%

What is the Ownership and Shareholding Structure of Promag Metallics?

Unlock access to Promag Metallics'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

₹10.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 Sep 2022Canara Bank₹1.00 CrOpen

How Many Employees Work at Promag Metallics?

Promag Metallics has a workforce of 5 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.

Employee growth trends for Promag Metallics Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Promag Metallics, 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 Promag Metallics'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 Promag Metallics

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Promag Metallics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jharkhand.

  • Charges

    A charge with Canara Bank amounted to Rs. 10.00 M with Charge ID 100620580 was registered on 22 Sep 2022.

  • Director Appointment

    Rakesh Ranjan was appointed as a Director was appointed as a Director on 11 May 2022 & has been associated with this company since 3 years 1 day .

  • Director Appointment

    Gautam Kumar Jha was appointed as a Director was appointed as a Director on 09 Mar 2020 & has been associated with this company since 5 years 2 months .

  • Company Incorporation

    Promag Metallics Private Limited was registered on 09 Mar 2020 with Roc Jharkhand & aged 5 years 2 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Promag Metallics Private Limited?

    Promag Metallics Private Limited was incorporated on 09 Mar 2020.

  • What is authorized share capital and paid-up capital of Promag Metallics Private Limited?

    The authorized share capital of Promag Metallics Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.00 M.

  • Who are the current board members & directors of Promag Metallics Private Limited?

    Currently 2 directors are associated with Promag Metallics Private Limited.

    • Gautam Kumar Jha
    • Rakesh Ranjan

  • What is the registered address of Promag Metallics Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Promag Metallics Private Limited is H. No.-23 Gurudwara Road Asansol Site, Near Krishi Bazar Samiti C Has India, Chas Bokaro, Jharkhand, 827013.

  • What is the corporate identification number (CIN) and company number of Promag Metallics Private Limited?

    The corporate identification number (CIN) of Promag Metallics Private Limited is U27310JH2020PTC014185 and the company number is 014185 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Promag Metallics Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Promag Metallics Private Limited has risen by 35.52%.

  • How many employees does Promag Metallics Private Limited currently have?

    As Per 2023 financial reports, 5 employees are currently employed by Promag Metallics Private Limited.

  • What change has been observed in the net worth of Promag Metallics Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Promag Metallics Private Limited has experienced an upsurge of 60.06%.

  • What are the total open charges for Promag Metallics Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Promag Metallics Private Limited amount to ₹ 1.00 Cr.

  • When was the last Balance Sheet of Promag Metallics Private Limited filed with the ROC?

    The most recent Balance Sheet for Promag Metallics Private Limited was filed with the ROC on 31 Mar 2024.

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