Promag Metallics Private Limited

Promag Metallics Private Limited

Steel trading company based in Jharkhand, established in 2020.
2020 | Bokaro, Jharkhand (India) | Active

Last Updated:

November 08, 2024
HomeCompanyPromag Metallics Private Limited

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

Board Members(2)

NameDesignationAppointment DateStatus
Gautam Jha In Director 09-Mar-2020Current
Rakesh Ranjan 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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹10.00 M

LenderAmountStatus

Canara Bank

Creation Date: 22 Sep 2022
₹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.

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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 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Promag Metallics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jharkhand.

    31 Mar 2023

  • Charges

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

    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 2 years 7 months .

    11 May 2022

  • 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 4 years 9 months .

    09 Mar 2020

  • Company Incorporation

    Promag Metallics Private Limited was registered on 09 Mar 2020 with Roc Jharkhand & aged 4 years 9 months as per MCA records.

    09 Mar 2020

Frequently asked questions

  • Promag Metallics Private Limited was incorporated on 09 Mar 2020.

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

  • Currently 2 directors are associated with Promag Metallics Private Limited.

    • Gautam Kumar Jha
    • Rakesh Ranjan
  • 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.

  • 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).

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

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

  • 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%.

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

  • The most recent Balance Sheet for Promag Metallics Private Limited was filed with the ROC on 31 Mar 2023.

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